Stone Creek Elementary
Stone Creek Elementary shows consistent revenue growth but carries substantial and increasing liabilities.
EIN: 204596400 · Edwards, CO · NTEE: B29 · Updated: 2026-03-28
Is Stone Creek Elementary Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stone Creek Elementary directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stone Creek Elementary
Stone Creek Elementary (EIN: 204596400) is a nonprofit organization based in Edwards, CO, classified under NTEE code B29. The organization reported total revenue of $5.3M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Creek Elementary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stone Creek Elementary with a Mission Score of 70 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, Stone Creek Elementary 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that executive compensation is categorized differently within their financial statements, warranting further inquiry for full transparency.
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 Stone Creek Elementary's IRS 990 filings:
- Liabilities consistently and significantly exceed assets, reaching $6,006,240 in 2023 compared to $3,971,154 in assets.
- The ratio of liabilities to assets has worsened over time, indicating potential long-term financial strain.
- Lack of specific breakdown for program, administrative, and fundraising expenses in the provided data makes detailed efficiency analysis difficult.
Strengths
The following positive indicators were identified for Stone Creek Elementary:
- Consistent revenue growth over the past decade, from $1.8 million in 2013 to over $4.1 million in 2023.
- Expenses are generally kept below revenue, indicating sound operational management and the ability to build reserves (e.g., 2023 expenses of $4,026,154 vs. revenue of $4,127,619).
- Significant growth in assets, from $120,238 in 2013 to $3,971,154 in 2023, demonstrating increasing organizational capacity.
Frequently Asked Questions about Stone Creek Elementary
Is Stone Creek Elementary a legitimate charity?
Based on AI analysis of IRS 990 filings, Stone Creek Elementary (EIN: 204596400) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Stone Creek Elementary spend its money?
Stone Creek Elementary directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stone Creek Elementary tax-deductible?
Stone Creek Elementary is registered as a tax-exempt nonprofit (EIN: 204596400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the nature of Stone Creek Elementary's high and increasing liabilities?
The liabilities have grown from $206,080 in 2013 to $6,006,240 in 2023, consistently exceeding assets. Understanding the composition of these liabilities (e.g., mortgages, bonds, deferred revenue) is crucial for assessing financial risk.
How does Stone Creek Elementary fund its operations given the significant liabilities?
Despite high liabilities, the organization consistently generates more revenue than expenses, allowing for asset growth. However, the long-term strategy for managing and reducing these liabilities is unclear.
Are there any compensated executives or officers, and if so, how is their compensation reported?
All filings show 0% officer compensation. It's important to clarify if executive leadership is truly uncompensated or if compensation is reported under other expense categories, impacting transparency.
Filing History
IRS 990 filing history for Stone Creek Elementary showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Stone Creek Elementary's revenue has grown by 151.6%, moving from $1.6M to $4.1M. Total assets increased by 191.8% over the same period, from $1.4M to $4.0M. Total functional expenses rose by 108.5%, from $1.9M to $4.0M. In its most recent filing year (2023), Stone Creek Elementary reported a surplus of $101K, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $4.0M in assets (debt-to-asset ratio: 151.2%), resulting in net assets of $-2,035,086.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $4.0M | $4.0M | $6.0M | — | View 990 |
| 2022 | $3.7M | $2.6M | $3.4M | $5.5M | — | View 990 |
| 2021 | $3.4M | $2.1M | $3.0M | $6.3M | — | View 990 |
| 2020 | $3.8M | $3.0M | $2.6M | $7.2M | — | View 990 |
| 2019 | $3.6M | $2.8M | $2.8M | $8.3M | — | View 990 |
| 2018 | $3.0M | $4.6M | $3.7M | $9.9M | — | View 990 |
| 2017 | $2.7M | $4.2M | $4.5M | $8.9M | — | View 990 |
| 2015 | $2.8M | $2.6M | $1.1M | $3.9M | — | View 990 |
| 2014 | $2.5M | $2.2M | $414K | $238K | — | View 990 |
| 2013 | $1.8M | $1.9M | $120K | $206K | — | View 990 |
| 2012 | $1.2M | $1.6M | $127K | $120K | — | View 990 |
| 2011 | $1.6M | $1.9M | $1.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $4.0M, and assets of $4.0M (revenue +11.8% year-over-year).
- 2022: Revenue of $3.7M, expenses of $2.6M, and assets of $3.4M (revenue +7.5% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.1M, and assets of $3.0M (revenue -10.4% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.0M, and assets of $2.6M (revenue +7.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.8M, and assets of $2.8M (revenue +17.2% year-over-year).
- 2018: Revenue of $3.0M, expenses of $4.6M, and assets of $3.7M (revenue +10.4% year-over-year).
- 2017: Revenue of $2.7M, expenses of $4.2M, and assets of $4.5M (revenue -1.3% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.6M, and assets of $1.1M (revenue +11.9% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.2M, and assets of $414K (revenue +37.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $120K (revenue +47.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.6M, and assets of $127K (revenue -25.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.9M, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Stone Creek Elementary 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.