Southern Colorado Educational Television Consortium
EIN: 742499929 · Colorado Springs, CO
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $328K |
| Net Assets | $449K |
Is Southern Colorado Educational Television Consortium Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Colorado Educational Television Consortium
Southern Colorado Educational Television Consortium (EIN: 742499929) is a nonprofit organization based in Colorado Springs, CO. The organization reported total revenue of $246K and total assets of $381K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Colorado Educational Television Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Colorado Educational Television Consortium is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $241K |
| Total Expenses | $328K |
| Surplus / Deficit | $-86,407 |
| Total Assets | $459K |
| Total Liabilities | $10K |
| Net Assets | $449K |
| Operating Margin | -35.8% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 16.8 months |
Financial Health Grade: B
In 2023, Southern Colorado Educational Television Consortium reported a deficit of $86K with expenses exceeding revenue, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Colorado Educational Television Consortium's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.5% | +33.7% | -14.3% |
| 2022 | +203.1% | +14.0% | +25.1% |
| 2021 | -78.2% | -6.8% | -20.1% |
| 2020 | +138.9% | -2.5% | +138.0% |
| 2019 | -27.0% | +5.3% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Colorado Educational Television Consortium 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 Southern Colorado Educational Television Consortium 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 $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Southern Colorado Educational Television Consortium
Is Southern Colorado Educational Television Consortium a legitimate charity?
Southern Colorado Educational Television Consortium (EIN: 742499929) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $246K. No red flags identified. Financial health grade: B.
How does Southern Colorado Educational Television Consortium spend its money?
Southern Colorado Educational Television Consortium reported $246K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southern Colorado Educational Television Consortium tax-deductible?
Southern Colorado Educational Television Consortium is registered as a tax-exempt nonprofit (EIN: 742499929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Colorado Educational Television Consortium located?
Southern Colorado Educational Television Consortium is headquartered in Colorado Springs, Colorado and files with the IRS under EIN 742499929.
How many years of IRS 990 filings does Southern Colorado Educational Television Consortium have?
Southern Colorado Educational Television Consortium has 13 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 $246K in total revenue.
Filing History
IRS 990 filing history for Southern Colorado Educational Television Consortium showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Colorado Educational Television Consortium's revenue has grown by 8.6%, moving from $222K to $241K. Total assets increased by 14.6% over the same period, from $401K to $459K. Total functional expenses rose by 3.7%, from $316K to $328K. In its most recent filing year (2023), Southern Colorado Educational Television Consortium reported a deficit of $86K, with expenses exceeding revenue. The organization holds $10K in liabilities against $459K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $449K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $241K | $328K | $459K | $10K | — | — |
| 2022 | $353K | $245K | $536K | $0 | — | View 990 |
| 2021 | $116K | $215K | $428K | $0 | — | View 990 |
| 2020 | $533K | $231K | $536K | $9K | — | View 990 |
| 2019 | $223K | $237K | $225K | $0 | — | View 990 |
| 2018 | $305K | $225K | $239K | $0 | — | View 990 |
| 2017 | $220K | $233K | $158K | $0 | — | View 990 |
| 2016 | $243K | $225K | $172K | $0 | — | View 990 |
| 2015 | $206K | $267K | $153K | $0 | — | View 990 |
| 2014 | $213K | $292K | $214K | $0 | — | View 990 |
| 2013 | $218K | $242K | $293K | $0 | — | View 990 |
| 2012 | $219K | $303K | $317K | $0 | — | View 990 |
| 2011 | $222K | $316K | $401K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $241K, expenses of $328K, and assets of $459K (revenue -31.5% year-over-year).
- 2022: Revenue of $353K, expenses of $245K, and assets of $536K (revenue +203.1% year-over-year).
- 2021: Revenue of $116K, expenses of $215K, and assets of $428K (revenue -78.2% year-over-year).
- 2020: Revenue of $533K, expenses of $231K, and assets of $536K (revenue +138.9% year-over-year).
- 2019: Revenue of $223K, expenses of $237K, and assets of $225K (revenue -27.0% year-over-year).
- 2018: Revenue of $305K, expenses of $225K, and assets of $239K (revenue +38.9% year-over-year).
- 2017: Revenue of $220K, expenses of $233K, and assets of $158K (revenue -9.6% year-over-year).
- 2016: Revenue of $243K, expenses of $225K, and assets of $172K (revenue +18.1% year-over-year).
- 2015: Revenue of $206K, expenses of $267K, and assets of $153K (revenue -3.2% year-over-year).
- 2014: Revenue of $213K, expenses of $292K, and assets of $214K (revenue -2.6% year-over-year).
- 2013: Revenue of $218K, expenses of $242K, and assets of $293K (revenue -0.4% year-over-year).
- 2012: Revenue of $219K, expenses of $303K, and assets of $317K (revenue -1.3% year-over-year).
- 2011: Revenue of $222K, expenses of $316K, and assets of $401K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Colorado Educational Television Consortium:
Data Sources and Methodology
This transparency report for Southern Colorado Educational Television Consortium 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.