Spina Bifida Association Of Colorado
Spina Bifida Association Of Colorado shows consistent asset growth and increasing revenue, with no reported officer compensation.
EIN: 205830943 · Denver, CO · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $58K |
| Program Spending | 75% |
| Net Assets | $65K |
| Transparency Score | 80/100 |
Is Spina Bifida Association Of Colorado Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spina Bifida Association Of Colorado directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spina Bifida Association Of Colorado
Spina Bifida Association Of Colorado (EIN: 205830943) is a nonprofit organization based in Denver, CO, classified under NTEE code E21. The organization reported total revenue of $111K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spina Bifida Association Of Colorado's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spina Bifida Association Of Colorado is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $58K |
| Surplus / Deficit | +$10K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 15.2% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Spina Bifida Association Of Colorado reported a surplus of $10K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Spina Bifida Association Of Colorado's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.4% | -1.1% | +19.1% |
| 2022 | +37.0% | +70.5% | -5.0% |
| 2021 | +100.3% | +113.7% | +12.5% |
| 2020 | -4.0% | +39.8% | +9.2% |
| 2019 | -36.4% | -47.5% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Spina Bifida Association Of Colorado 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Spina Bifida Association Of Colorado allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive for an organization of its size, allowing more funds to be directed towards its mission.
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.
Strengths
The following positive indicators were identified for Spina Bifida Association Of Colorado:
- Consistent asset growth, from $14,465 in 2014 to $65,029 in 2023, indicating financial stability.
- Significant revenue growth in recent years, from $20,483 in 2020 to $68,818 in 2023, showing increasing support.
- Zero reported liabilities across all 10 filings, demonstrating strong financial management and no debt burden.
- No reported officer compensation, suggesting a high percentage of funds are directed towards the mission.
- Positive net income in most recent periods, such as a $10,449 surplus in 2023, indicating sustainable operations.
Frequently Asked Questions about Spina Bifida Association Of Colorado
Is Spina Bifida Association Of Colorado a legitimate charity?
Based on AI analysis of IRS 990 filings, Spina Bifida Association Of Colorado (EIN: 205830943) appears legitimate. Mission Score: 80/100. 0 red flags identified, 5 strengths noted.
How does Spina Bifida Association Of Colorado spend its money?
Spina Bifida Association Of Colorado directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spina Bifida Association Of Colorado tax-deductible?
Spina Bifida Association Of Colorado is registered as a tax-exempt nonprofit (EIN: 205830943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spina Bifida Association Of Colorado's spending goes to programs?
Spina Bifida Association Of Colorado directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spina Bifida Association Of Colorado compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Spina Bifida Association Of Colorado is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spina Bifida Association Of Colorado located?
Spina Bifida Association Of Colorado is headquartered in Denver, Colorado and files with the IRS under EIN 205830943. It is classified under NTEE code E21.
How many years of IRS 990 filings does Spina Bifida Association Of Colorado have?
Spina Bifida Association Of Colorado 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 $111K in total revenue.
Is Spina Bifida Association Of Colorado a good charity?
Based on the available data, the Spina Bifida Association Of Colorado appears to be a well-managed charity. It has consistently grown its assets, maintained positive net income in most recent years, and reports no liabilities. The absence of officer compensation suggests a strong commitment to directing funds to its mission. However, a detailed breakdown of program vs. administrative spending would provide a clearer picture of its efficiency.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade. Assets have grown from $14,465 in 2014 to $65,029 in 2023. Revenue has also seen substantial growth, particularly from $20,483 in 2020 to $68,818 in 2023, indicating increasing support and financial stability.
What is the trend in revenue and expenses?
Revenue has shown an upward trend, especially in recent years, increasing from $20,483 in 2020 to $68,818 in 2023. Expenses have also increased but generally at a slower pace than revenue, allowing for positive net income in most recent periods, such as a $10,449 surplus in 2023.
Filing History
IRS 990 filing history for Spina Bifida Association Of Colorado showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Spina Bifida Association Of Colorado's revenue has declined by 10%, moving from $76K to $69K. Total assets increased by 349.6% over the same period, from $14K to $65K. Total functional expenses fell by 25.8%, from $79K to $58K. In its most recent filing year (2023), Spina Bifida Association Of Colorado reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $58K | $65K | $0 | — | View 990 |
| 2022 | $56K | $59K | $55K | $0 | — | View 990 |
| 2021 | $41K | $35K | $57K | $0 | — | View 990 |
| 2020 | $20K | $16K | $51K | $0 | — | — |
| 2019 | $21K | $12K | $47K | $0 | — | View 990 |
| 2018 | $34K | $22K | $37K | $0 | — | View 990 |
| 2017 | $32K | $14K | $25K | $0 | — | View 990 |
| 2016 | $40K | $45K | $7K | $0 | — | View 990 |
| 2015 | $70K | $72K | $13K | $0 | — | View 990 |
| 2014 | $76K | $79K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $58K, and assets of $65K (revenue +22.4% year-over-year).
- 2022: Revenue of $56K, expenses of $59K, and assets of $55K (revenue +37.0% year-over-year).
- 2021: Revenue of $41K, expenses of $35K, and assets of $57K (revenue +100.3% year-over-year).
- 2020: Revenue of $20K, expenses of $16K, and assets of $51K (revenue -4.0% year-over-year).
- 2019: Revenue of $21K, expenses of $12K, and assets of $47K (revenue -36.4% year-over-year).
- 2018: Revenue of $34K, expenses of $22K, and assets of $37K (revenue +4.5% year-over-year).
- 2017: Revenue of $32K, expenses of $14K, and assets of $25K (revenue -18.8% year-over-year).
- 2016: Revenue of $40K, expenses of $45K, and assets of $7K (revenue -43.9% year-over-year).
- 2015: Revenue of $70K, expenses of $72K, and assets of $13K (revenue -7.8% year-over-year).
- 2014: Revenue of $76K, expenses of $79K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spina Bifida Association Of Colorado:
Data Sources and Methodology
This transparency report for Spina Bifida Association Of Colorado 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.