Rocky Mountain Workforce Development Association Inc

Rocky Mountain Workforce Development Association Inc reports significant surplus and asset growth in latest filing after years of fluctuating finances.

EIN: 20621786 · La Junta, CO · NTEE: S30 · Updated: 2026-03-28

$113KRevenue
$111KAssets
80/100Mission Score (Excellent)
S30
Rocky Mountain Workforce Development Association Inc Financial Summary
MetricValue
Total Revenue$113K
Total Expenses$25K
Program Spending90%
Net Assets$111K
Transparency Score80/100

Search Intent Cockpit

Rocky Mountain Workforce Development Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Rocky Mountain Workforce Development Association Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Rocky Mountain Workforce Development Association Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $113K and expenses of $25K.

Revenue and Expenses

Rocky Mountain Workforce Development Association Inc reported $113K in revenue and $25K in expenses, a surplus of $88K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

80/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

Is Rocky Mountain Workforce Development Association Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Rocky Mountain Workforce Development Association Inc Expense Deployment
Program services$22K (90%)

Across stored filings, Rocky Mountain Workforce Development Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Rocky Mountain Workforce Development Association Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with International Midwife Assistance IncColorado and Community Improvement context

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Rocky Mountain Workforce Development Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rocky Mountain Workforce Development Association Inc

Rocky Mountain Workforce Development Association Inc (EIN: 20621786) is a nonprofit organization based in La Junta, CO, classified under NTEE code S30. The organization reported total revenue of $113K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rocky Mountain Workforce Development Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Rocky Mountain Workforce Development Association Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 21.6%.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

Total Revenue$113K
Total Expenses$25K
Surplus / Deficit+$88K
Total Assets$111K
Net Assets$111K
Operating Margin78.2%
Months of Reserves54.1 months

Financial Health Grade: A

In 2021, Rocky Mountain Workforce Development Association Inc reported a surplus of $88K with revenue exceeding expenses, holds 54.1 months of operating reserves (strong position).

Financial Trends

Over 10 years of filings (2012–2021), Rocky Mountain Workforce Development Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.6%.

YearRevenue ChangeExpense ChangeAsset Change
2021-10.2%-76.6%+385.4%
2020-66.2%-78.5%+798.1%
2019+78.8%+165.7%-97.9%
2018+42.0%+82.9%+24.2%
2017+94.1%+73.6%+88.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Rocky Mountain Workforce Development Association Inc demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past decade. In the latest filing (202106), the organization reported revenue of $112,770 against expenses of $24,615, resulting in a substantial surplus. This contrasts sharply with previous years, such as 201906, where expenses ($489,293) far exceeded revenue ($371,245). The organization consistently reports $0 in liabilities and 0% officer compensation, indicating a lean operational structure and a lack of debt, which are positive indicators for financial stability and transparency. However, the absence of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The significant increase in assets from $22,875 in 202006 to $111,030 in 202106, coupled with low expenses, suggests a period of strong financial accumulation, potentially for future program expansion or as a reserve.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rocky Mountain Workforce Development Association Inc with a Mission Score of 80 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Rocky Mountain Workforce Development Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

$113KTotal Revenue
$25KTotal Expenses
$111KTotal Assets
$111KNet Assets
  • The organization reported a surplus of $88K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean leadership structure.

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 Rocky Mountain Workforce Development Association Inc's IRS 990 filings:

  • Significant year-to-year financial volatility (e.g., large deficit in 201906, large surplus in 202106)
  • Lack of detailed expense breakdown in provided data makes efficiency analysis difficult
  • Unusually low expenses in 202106 ($24,615) relative to revenue ($112,770) could indicate underinvestment in programs or a shift in operational scope.

Strengths

The following positive indicators were identified for Rocky Mountain Workforce Development Association Inc:

  • Consistent reporting of $0 liabilities, indicating no debt burden
  • 0% officer compensation, suggesting a highly volunteer-driven or cost-efficient leadership model
  • Strong asset growth in the latest filing ($111,030 in 202106)
  • Positive net income in the latest filing ($88,155 surplus in 202106)

Frequently Asked Questions about Rocky Mountain Workforce Development Association Inc

Is Rocky Mountain Workforce Development Association Inc a legitimate charity?

Rocky Mountain Workforce Development Association Inc (EIN: 20621786) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $113K. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does Rocky Mountain Workforce Development Association Inc spend its money?

Rocky Mountain Workforce Development Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Rocky Mountain Workforce Development Association Inc tax-deductible?

Rocky Mountain Workforce Development Association Inc is registered as a tax-exempt nonprofit (EIN: 20621786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Rocky Mountain Workforce Development Association Inc compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Rocky Mountain Workforce Development Association Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Rocky Mountain Workforce Development Association Inc located?

Rocky Mountain Workforce Development Association Inc is headquartered in La Junta, Colorado and files with the IRS under EIN 20621786. It is classified under NTEE code S30.

How many years of IRS 990 filings does Rocky Mountain Workforce Development Association Inc have?

Rocky Mountain Workforce Development Association Inc has 10 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 $113K in total revenue.

What caused the significant increase in assets from $22,875 in 202006 to $111,030 in 202106?

The provided data shows a large surplus in 202106 (Revenue $112,770 - Expenses $24,615 = $88,155), which directly contributed to the increase in assets. This suggests effective financial management in that period or a significant one-time influx of funds.

How does the organization sustain operations with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the leadership level or that compensation is structured in a way not reported as 'officer compensation' on the 990, such as through a separate management entity or contract services.

What were the primary drivers of the high expenses in 201906 ($489,293) compared to revenue ($371,245)?

The provided data does not detail expense categories, but such a significant deficit suggests either a major program investment, unexpected operational costs, or a timing difference in revenue recognition versus expense outlay during that specific period.

Filing History

IRS 990 filing history for Rocky Mountain Workforce Development Association Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2021), Rocky Mountain Workforce Development Association Inc's revenue has grown by 481%, moving from $19K to $113K. Total assets increased by 15.9% over the same period, from $96K to $111K. Total functional expenses rose by 5.3%, from $23K to $25K. In its most recent filing year (2021), Rocky Mountain Workforce Development Association Inc reported a surplus of $88K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2021 $113K $25K $111K $0 View 990
2020 $126K $105K $23K $0
2019 $371K $489K $3K $0 View 990
2018 $208K $184K $121K $0 View 990
2017 $146K $101K $97K $0 View 990
2016 $75K $58K $52K $0 View 990
2015 $43K $45K $34K $0 View 990
2014 $25K $103K $37K $0 View 990
2013 $92K $73K $115K $0 View 990
2012 $19K $23K $96K $0 View 990

Year-by-Year Financial Summary

  • 2021: Revenue of $113K, expenses of $25K, and assets of $111K (revenue -10.2% year-over-year).
  • 2020: Revenue of $126K, expenses of $105K, and assets of $23K (revenue -66.2% year-over-year).
  • 2019: Revenue of $371K, expenses of $489K, and assets of $3K (revenue +78.8% year-over-year).
  • 2018: Revenue of $208K, expenses of $184K, and assets of $121K (revenue +42.0% year-over-year).
  • 2017: Revenue of $146K, expenses of $101K, and assets of $97K (revenue +94.1% year-over-year).
  • 2016: Revenue of $75K, expenses of $58K, and assets of $52K (revenue +75.2% year-over-year).
  • 2015: Revenue of $43K, expenses of $45K, and assets of $34K (revenue +71.7% year-over-year).
  • 2014: Revenue of $25K, expenses of $103K, and assets of $37K (revenue -72.7% year-over-year).
  • 2013: Revenue of $92K, expenses of $73K, and assets of $115K (revenue +373.4% year-over-year).
  • 2012: Revenue of $19K, expenses of $23K, and assets of $96K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Rocky Mountain Workforce Development Association Inc:

2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Rocky Mountain Workforce Development Association 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.

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