Ready To Work Aurora
EIN: 823582806 · Boulder, CO · NTEE: P28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Net Assets | $214K |
Is Ready To Work Aurora Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ready To Work Aurora
Ready To Work Aurora (EIN: 823582806) is a nonprofit organization based in Boulder, CO, classified under NTEE code P28. The organization reported total revenue of $1.9M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ready To Work Aurora's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ready To Work Aurora is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-576,298 |
| Total Assets | $5.3M |
| Total Liabilities | $5.1M |
| Net Assets | $214K |
| Operating Margin | -37.0% |
| Debt-to-Asset Ratio | 96.0% |
| Months of Reserves | 30.0 months |
Financial Health Grade: C
In 2023, Ready To Work Aurora reported a deficit of $576K with expenses exceeding revenue, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 96.0% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Ready To Work Aurora's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.9% | +5.8% | -24.4% |
| 2022 | +28.8% | +8.1% | +39.0% |
| 2021 | -26.8% | -2.7% | -2.6% |
| 2020 | +33.6% | +6.2% | +8.6% |
| 2019 | +162.7% | +720.8% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ready To Work Aurora 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 Ready To Work Aurora 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 deficit of $576K, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.0%.
Frequently Asked Questions about Ready To Work Aurora
Is Ready To Work Aurora a legitimate charity?
Ready To Work Aurora (EIN: 823582806) is a registered tax-exempt nonprofit based in Colorado. It has 6 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: C.
How does Ready To Work Aurora spend its money?
Ready To Work Aurora reported $1.9M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ready To Work Aurora tax-deductible?
Ready To Work Aurora is registered as a tax-exempt nonprofit (EIN: 823582806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ready To Work Aurora located?
Ready To Work Aurora is headquartered in Boulder, Colorado and files with the IRS under EIN 823582806. It is classified under NTEE code P28.
How many years of IRS 990 filings does Ready To Work Aurora have?
Ready To Work Aurora has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Filing History
IRS 990 filing history for Ready To Work Aurora showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Ready To Work Aurora's revenue has grown by 135.3%, moving from $662K to $1.6M. Total assets increased by 2.1% over the same period, from $5.2M to $5.3M. Total functional expenses rose by 870%, from $220K to $2.1M. In its most recent filing year (2023), Ready To Work Aurora reported a deficit of $576K, with expenses exceeding revenue. The organization holds $5.1M in liabilities against $5.3M in assets (debt-to-asset ratio: 96.0%), resulting in net assets of $214K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $2.1M | $5.3M | $5.1M | — | — |
| 2022 | $2.2M | $2.0M | $7.1M | $6.3M | — | — |
| 2021 | $1.7M | $1.9M | $5.1M | $4.5M | — | — |
| 2020 | $2.3M | $1.9M | $5.2M | $4.4M | — | View 990 |
| 2019 | $1.7M | $1.8M | $4.8M | $4.4M | — | View 990 |
| 2018 | $662K | $220K | $5.2M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $2.1M, and assets of $5.3M (revenue -28.9% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $7.1M (revenue +28.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.9M, and assets of $5.1M (revenue -26.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.9M, and assets of $5.2M (revenue +33.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $4.8M (revenue +162.7% year-over-year).
- 2018: Revenue of $662K, expenses of $220K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ready To Work Aurora:
Data Sources and Methodology
This transparency report for Ready To Work Aurora 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.