Rockies Venture Institute
EIN: 473796537 · Denver, CO · NTEE: W12
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $244K |
| Net Assets | $52K |
Is Rockies Venture Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rockies Venture Institute
Rockies Venture Institute (EIN: 473796537) is a nonprofit organization based in Denver, CO, classified under NTEE code W12. The organization reported total revenue of $159K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockies Venture Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockies Venture Institute is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $244K |
| Surplus / Deficit | $-85,165 |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | -53.7% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Rockies Venture Institute reported a deficit of $85K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +318.4% | +342.0% | -61.9% |
| 2022 | -61.7% | +14611.7% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rockies Venture Institute 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 Rockies Venture Institute 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 $85K, with expenses exceeding revenue.
Frequently Asked Questions about Rockies Venture Institute
Is Rockies Venture Institute a legitimate charity?
Rockies Venture Institute (EIN: 473796537) is a registered tax-exempt nonprofit based in Colorado. It has 4 years of IRS 990 filings on record. Total revenue: $159K. No red flags identified. Financial health grade: C.
How does Rockies Venture Institute spend its money?
Rockies Venture Institute reported $159K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rockies Venture Institute tax-deductible?
Rockies Venture Institute is registered as a tax-exempt nonprofit (EIN: 473796537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rockies Venture Institute located?
Rockies Venture Institute is headquartered in Denver, Colorado and files with the IRS under EIN 473796537. It is classified under NTEE code W12.
How many years of IRS 990 filings does Rockies Venture Institute have?
Rockies Venture Institute has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $159K in total revenue.
Filing History
IRS 990 filing history for Rockies Venture Institute showing financial trends over 4 years of public records:
Total assets increased by 5247900% over the same period, from $1 to $52K. In its most recent filing year (2023), Rockies Venture Institute reported a deficit of $85K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $159K | $244K | $52K | $0 | — | View 990 |
| 2022 | $38K | $55K | $138K | $0 | — | View 990 |
| 2021 | $99K | $375 | $156K | $0 | — | — |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $159K, expenses of $244K, and assets of $52K (revenue +318.4% year-over-year).
- 2022: Revenue of $38K, expenses of $55K, and assets of $138K (revenue -61.7% year-over-year).
- 2021: Revenue of $99K, expenses of $375, and assets of $156K.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockies Venture Institute:
Data Sources and Methodology
This transparency report for Rockies Venture Institute 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.