Ravens Inc

Ravens Inc consistently dedicates a high percentage of spending to programs but has operated at a deficit in the last two years.

EIN: 205294025 · Montrose, CO · NTEE: X20 · Updated: 2026-03-28

$421KRevenue

$217KAssets

88/100Mission Score (Excellent)

X20

About Ravens Inc

Ravens Inc (EIN: 205294025) is a nonprofit organization based in Montrose, CO, classified under NTEE code X20. The organization reported total revenue of $421K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ravens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ravens Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202312), the organization spent $429,353, with an estimated 85% allocated to program services, indicating a strong focus on its core activities. This is a positive indicator of spending efficiency. The organization has also maintained a healthy financial position with no reported liabilities in recent years (202312, 202212, 202112, 202012, 201912, 201812), suggesting sound financial management and a low-risk profile for creditors. 

However, the organization has experienced a deficit in the last two reporting periods, with expenses exceeding revenue by $92,712 in 202312 and $31,830 in 202212. While not immediately critical given its asset base of $155,481 in 202312, a sustained trend of operating at a loss could impact long-term sustainability. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a sign of efficiency but also raises questions about the capacity for strategic leadership and growth. Overall, Ravens Inc appears to be a program-focused organization with good financial health, though it should monitor its recent operating deficits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ravens Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Ravens Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Ravens Inc reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which suggests a highly efficient use of funds for administrative overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Ravens Inc's IRS 990 filings:

Operating at a deficit for the last two reporting periods (202312: -$92,712; 202212: -$31,830), which could impact long-term sustainability.
No reported officer compensation across all filings, which, while efficient, could indicate a lack of dedicated leadership or capacity for growth.

Strengths

The following positive indicators were identified for Ravens Inc:

Strong program spending ratio (estimated 85% in 202312), indicating a high focus on its mission.
No reported liabilities in recent years (202312, 202212, 202112, 202012, 201912, 201812), suggesting excellent financial health and low debt.
Consistent asset growth over the past decade, from $53,268 in 201612 to $155,481 in 202312.
Efficient administrative structure with 0% officer compensation reported.

Frequently Asked Questions about Ravens Inc

Is Ravens Inc a good charity?

Based on its consistent program spending (estimated 85% in 202312) and lack of reported liabilities, Ravens Inc appears to be a good charity with a strong focus on its mission and sound financial management. However, recent operating deficits should be monitored.

How does Ravens Inc manage its administrative costs?

Ravens Inc appears to manage administrative costs very efficiently, reporting 0% officer compensation across all filings. This suggests a lean administrative structure, potentially relying heavily on volunteers.

What is the trend in Ravens Inc's financial stability?

Ravens Inc has shown strong asset growth over time, from $53,268 in 201612 to $155,481 in 202312. However, it has experienced operating deficits in the last two periods (202312 and 202212), which could impact future stability if not addressed.

Filing History

IRS 990 filing history for Ravens Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ravens Inc's revenue has grown by 63.8%, moving from $206K to $337K. Total assets increased by 176.6% over the same period, from $56K to $155K. Total functional expenses rose by 129.9%, from $187K to $429K. In its most recent filing year (2023), Ravens Inc reported a deficit of $93K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$337K	$429K	$155K	$0	—	—
2022	$307K	$339K	$248K	$0	—	View 990
2021	$385K	$335K	$280K	$0	—	View 990
2020	$391K	$334K	$230K	$0	—	View 990
2019	$272K	$177K	$172K	$0	—	View 990
2018	$176K	$156K	$78K	$0	—	View 990
2017	$203K	$194K	$58K	$1K	—	View 990
2016	$191K	$196K	$53K	$5K	—	View 990
2015	$206K	$207K	$60K	$6K	—	View 990
2014	$231K	$225K	$60K	$6K	—	View 990
2013	$200K	$201K	$48K	$0	—	View 990
2012	$260K	$267K	$48K	$0	—	View 990
2011	$206K	$187K	$56K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $337K, expenses of $429K, and assets of $155K (revenue +9.6% year-over-year).
2022: Revenue of $307K, expenses of $339K, and assets of $248K (revenue -20.3% year-over-year).
2021: Revenue of $385K, expenses of $335K, and assets of $280K (revenue -1.6% year-over-year).
2020: Revenue of $391K, expenses of $334K, and assets of $230K (revenue +43.8% year-over-year).
2019: Revenue of $272K, expenses of $177K, and assets of $172K (revenue +54.4% year-over-year).
2018: Revenue of $176K, expenses of $156K, and assets of $78K (revenue -13.0% year-over-year).
2017: Revenue of $203K, expenses of $194K, and assets of $58K (revenue +5.9% year-over-year).
2016: Revenue of $191K, expenses of $196K, and assets of $53K (revenue -7.1% year-over-year).
2015: Revenue of $206K, expenses of $207K, and assets of $60K (revenue -11.0% year-over-year).
2014: Revenue of $231K, expenses of $225K, and assets of $60K (revenue +15.9% year-over-year).
2013: Revenue of $200K, expenses of $201K, and assets of $48K (revenue -23.2% year-over-year).
2012: Revenue of $260K, expenses of $267K, and assets of $48K (revenue +26.5% year-over-year).
2011: Revenue of $206K, expenses of $187K, and assets of $56K.

Data Sources and Methodology

This transparency report for Ravens Inc 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.