Red Wind Consulting Inc
Red Wind Consulting Inc. consistently operates at a deficit, with expenses exceeding revenue in most recent years.
EIN: 203369356 · Colorado Spgs, CO · NTEE: B90 · Updated: 2026-03-28
Is Red Wind Consulting Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Red Wind Consulting Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Red Wind Consulting Inc
Red Wind Consulting Inc (EIN: 203369356) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code B90. The organization reported total revenue of $1.1M and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Wind Consulting Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Wind Consulting Inc is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-298,560 |
| Total Assets | $19K |
| Total Liabilities | $19K |
| Net Assets | $0 |
| Operating Margin | -19.9% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, Red Wind Consulting Inc reported a deficit of $299K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Red Wind Consulting Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +24.1% | -83.5% |
| 2022 | +35.5% | +45.8% | +70.1% |
| 2021 | +7.7% | +14.2% | +72.7% |
| 2020 | +12.2% | +8.3% | -73.7% |
| 2018 | +30.3% | +43.5% | +2469.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Red Wind Consulting Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Red Wind Consulting Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $299K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not categorized as 'officer compensation' on the 990, which is a positive sign for resource allocation relative to the organization's size and revenue.
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 Red Wind Consulting Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $1,802,060 expenses vs. $1,503,500 revenue in 2023).
- Liabilities frequently matching or exceeding assets, indicating a weak balance sheet (e.g., 2023 assets $18,786, liabilities $18,786; 2021 assets $66,926, liabilities $426,713).
- Negative net assets reported in some periods (e.g., 2013 assets $-17,925), suggesting a precarious financial position.
- Relatively small asset base compared to annual revenue, limiting financial reserves.
Strengths
The following positive indicators were identified for Red Wind Consulting Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds in executive pay.
- Demonstrated growth in revenue over the past decade, from $243,187 in 2013 to $1,503,500 in 2023.
Frequently Asked Questions about Red Wind Consulting Inc
Is Red Wind Consulting Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Red Wind Consulting Inc (EIN: 203369356) some concerns. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
How does Red Wind Consulting Inc spend its money?
Red Wind Consulting Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Red Wind Consulting Inc tax-deductible?
Red Wind Consulting Inc is registered as a tax-exempt nonprofit (EIN: 203369356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Red Wind Consulting Inc. financially sustainable given its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue in most recent periods (e.g., 2023, 2022, 2021), indicating a pattern of operational deficits. This trend raises concerns about its long-term financial sustainability without significant changes to its revenue generation or expense management.
How does Red Wind Consulting Inc. cover its operational deficits?
The provided data does not explicitly state how the organization covers its operational deficits. Given that liabilities often match or exceed assets, it suggests reliance on debt or other short-term financing, which is not sustainable in the long run.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
Are there any non-cash contributions or in-kind services that offset the reported deficits?
The provided summary data does not include details on non-cash contributions or in-kind services. Such contributions could potentially offset some operational costs, but their absence from the summary makes it difficult to assess their impact.
Filing History
IRS 990 filing history for Red Wind Consulting Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Red Wind Consulting Inc's revenue has grown by 109.1%, moving from $719K to $1.5M. Total assets decreased by 92.4% over the same period, from $247K to $19K. Total functional expenses rose by 130.3%, from $783K to $1.8M. In its most recent filing year (2023), Red Wind Consulting Inc reported a deficit of $299K, with expenses exceeding revenue. The organization holds $19K in liabilities against $19K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.8M | $19K | $19K | — | View 990 |
| 2022 | $1.2M | $1.5M | $114K | $114K | — | — |
| 2021 | $920K | $996K | $67K | $427K | — | View 990 |
| 2020 | $854K | $872K | $39K | $323K | — | View 990 |
| 2018 | $762K | $805K | $147K | $315K | — | View 990 |
| 2017 | $585K | $561K | $6K | $266K | — | — |
| 2016 | $452K | $551K | $134K | $238K | — | View 990 |
| 2015 | $379K | $431K | $133K | $212K | — | View 990 |
| 2014 | $330K | $327K | $131K | $148K | — | View 990 |
| 2013 | $243K | $362K | $-17,925 | $65K | — | View 990 |
| 2012 | $719K | $783K | $247K | $212K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.8M, and assets of $19K (revenue +20.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.5M, and assets of $114K (revenue +35.5% year-over-year).
- 2021: Revenue of $920K, expenses of $996K, and assets of $67K (revenue +7.7% year-over-year).
- 2020: Revenue of $854K, expenses of $872K, and assets of $39K (revenue +12.2% year-over-year).
- 2018: Revenue of $762K, expenses of $805K, and assets of $147K (revenue +30.3% year-over-year).
- 2017: Revenue of $585K, expenses of $561K, and assets of $6K (revenue +29.3% year-over-year).
- 2016: Revenue of $452K, expenses of $551K, and assets of $134K (revenue +19.2% year-over-year).
- 2015: Revenue of $379K, expenses of $431K, and assets of $133K (revenue +14.8% year-over-year).
- 2014: Revenue of $330K, expenses of $327K, and assets of $131K (revenue +35.8% year-over-year).
- 2013: Revenue of $243K, expenses of $362K, and assets of $-17,925 (revenue -66.2% year-over-year).
- 2012: Revenue of $719K, expenses of $783K, and assets of $247K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Wind Consulting Inc:
Data Sources and Methodology
This transparency report for Red Wind Consulting 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.