Operating Engineers Health And Welfare Trust Fund For Colorado
EIN: 237036156 · Arvada, CO
Is Operating Engineers Health And Welfare Trust Fund For Colorado Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Operating Engineers Health And Welfare Trust Fund For Colorado
Operating Engineers Health And Welfare Trust Fund For Colorado (EIN: 237036156) is a nonprofit organization based in Arvada, CO. The organization reported total revenue of $30.3M and total assets of $23.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operating Engineers Health And Welfare Trust Fund For Colorado's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operating Engineers Health And Welfare Trust Fund For Colorado is a large nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.4M |
| Total Expenses | $19.9M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $26.2M |
| Total Liabilities | $15.5M |
| Net Assets | $10.7M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 59.2% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Operating Engineers Health And Welfare Trust Fund For Colorado reported a surplus of $2.5M with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 59.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Operating Engineers Health And Welfare Trust Fund For Colorado's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | -21.3% | +30.3% |
| 2022 | +3.4% | +3.7% | -27.0% |
| 2021 | +0.9% | +19.3% | -2.8% |
| 2020 | +7.8% | +15.4% | +10.1% |
| 2019 | +5.0% | +9.8% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Operating Engineers Health And Welfare Trust Fund For Colorado has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Operating Engineers Health And Welfare Trust Fund For Colorado with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.2%.
Frequently Asked Questions about Operating Engineers Health And Welfare Trust Fund For Colorado
Is Operating Engineers Health And Welfare Trust Fund For Colorado a legitimate charity?
Based on AI analysis of IRS 990 filings, Operating Engineers Health And Welfare Trust Fund For Colorado (EIN: 237036156) insufficient data. 0 red flags identified, 0 strengths noted.
How does Operating Engineers Health And Welfare Trust Fund For Colorado spend its money?
Detailed spending breakdown data is not yet available for Operating Engineers Health And Welfare Trust Fund For Colorado. Check back for updated IRS 990 analysis.
Are donations to Operating Engineers Health And Welfare Trust Fund For Colorado tax-deductible?
Operating Engineers Health And Welfare Trust Fund For Colorado is registered as a tax-exempt nonprofit (EIN: 237036156). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Operating Engineers Health And Welfare Trust Fund For Colorado showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Operating Engineers Health And Welfare Trust Fund For Colorado's revenue has grown by 75.7%, moving from $12.8M to $22.4M. Total assets increased by 58.2% over the same period, from $16.5M to $26.2M. Total functional expenses rose by 59.7%, from $12.5M to $19.9M. In its most recent filing year (2023), Operating Engineers Health And Welfare Trust Fund For Colorado reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $15.5M in liabilities against $26.2M in assets (debt-to-asset ratio: 59.2%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.4M | $19.9M | $26.2M | $15.5M | — | View 990 |
| 2022 | $21.4M | $25.3M | $20.1M | $12.1M | — | View 990 |
| 2021 | $20.7M | $24.4M | $27.5M | $13.5M | — | View 990 |
| 2020 | $20.5M | $20.5M | $28.3M | $11.1M | — | — |
| 2019 | $19.0M | $17.8M | $25.7M | $9.2M | — | View 990 |
| 2018 | $18.1M | $16.2M | $22.7M | $7.9M | — | View 990 |
| 2017 | $15.3M | $14.8M | $21.4M | $8.4M | — | View 990 |
| 2016 | $14.1M | $14.8M | $19.4M | $7.2M | — | View 990 |
| 2015 | $13.1M | $12.4M | $18.6M | $6.4M | — | View 990 |
| 2014 | $13.7M | $11.3M | $18.6M | $6.6M | — | View 990 |
| 2013 | $12.7M | $13.1M | $15.9M | $6.3M | — | View 990 |
| 2012 | $12.1M | $13.0M | $15.9M | $5.3M | — | View 990 |
| 2011 | $12.8M | $12.5M | $16.5M | $5.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.4M, expenses of $19.9M, and assets of $26.2M (revenue +4.9% year-over-year).
- 2022: Revenue of $21.4M, expenses of $25.3M, and assets of $20.1M (revenue +3.4% year-over-year).
- 2021: Revenue of $20.7M, expenses of $24.4M, and assets of $27.5M (revenue +0.9% year-over-year).
- 2020: Revenue of $20.5M, expenses of $20.5M, and assets of $28.3M (revenue +7.8% year-over-year).
- 2019: Revenue of $19.0M, expenses of $17.8M, and assets of $25.7M (revenue +5.0% year-over-year).
- 2018: Revenue of $18.1M, expenses of $16.2M, and assets of $22.7M (revenue +18.2% year-over-year).
- 2017: Revenue of $15.3M, expenses of $14.8M, and assets of $21.4M (revenue +8.3% year-over-year).
- 2016: Revenue of $14.1M, expenses of $14.8M, and assets of $19.4M (revenue +7.6% year-over-year).
- 2015: Revenue of $13.1M, expenses of $12.4M, and assets of $18.6M (revenue -4.1% year-over-year).
- 2014: Revenue of $13.7M, expenses of $11.3M, and assets of $18.6M (revenue +8.3% year-over-year).
- 2013: Revenue of $12.7M, expenses of $13.1M, and assets of $15.9M (revenue +4.4% year-over-year).
- 2012: Revenue of $12.1M, expenses of $13.0M, and assets of $15.9M (revenue -5.1% year-over-year).
- 2011: Revenue of $12.8M, expenses of $12.5M, and assets of $16.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operating Engineers Health And Welfare Trust Fund For Colorado:
Data Sources and Methodology
This transparency report for Operating Engineers Health And Welfare Trust Fund For Colorado is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.