Summitwest Care
Summitwest Care maintains stable finances with growing assets and no reported officer compensation.
EIN: 20565600 · Grand Junction, CO · NTEE: E92 · Updated: 2026-03-28
About Summitwest Care
Summitwest Care (EIN: 20565600) is a nonprofit organization based in Grand Junction, CO, classified under NTEE code E92. The organization reported total revenue of $7.2M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summitwest Care'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 Summitwest Care with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Summitwest Care allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Summitwest Care consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led or very lean executive 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 Summitwest Care's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Summitwest Care:
- Consistent 0% officer compensation, indicating high efficiency and mission focus.
- Healthy growth in assets, from $1.7M in 2014 to $4.9M in 2023, demonstrating financial stability.
- Stable revenue base, consistently in the $6-8 million range over the last five years.
- Manageable liabilities relative to assets, indicating good financial control.
- Generally balanced budget with minor fluctuations, showing responsible financial management.
Frequently Asked Questions about Summitwest Care
Is Summitwest Care a good charity?
Based on the available IRS 990 data, Summitwest Care appears to be a financially sound and efficient charity. Its consistent reporting of 0% officer compensation, growing asset base, and generally balanced budget suggest a strong commitment to its mission and responsible financial stewardship.
How has Summitwest Care's financial health changed over time?
Summitwest Care has shown consistent growth in revenue and assets over the past decade. Revenue has grown from $3.2 million in 2014 to $7.4 million in 2023, and assets have nearly tripled from $1.7 million to $4.9 million in the same period, indicating robust financial growth and stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It means that the organization's top leadership is either entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990. This typically indicates a very high dedication to directing funds towards programs rather than administrative salaries, enhancing public trust and efficiency.
Filing History
IRS 990 filing history for Summitwest Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summitwest Care's revenue has grown by 126.3%, moving from $3.3M to $7.4M. Total assets increased by 147.2% over the same period, from $2.0M to $5.0M. Total functional expenses rose by 131.8%, from $3.2M to $7.5M. In its most recent filing year (2023), Summitwest Care reported a deficit of $64K, with expenses exceeding revenue. The organization holds $879K in liabilities against $5.0M in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.4M | $7.5M | $5.0M | $879K | — | — |
| 2022 | $6.5M | $6.6M | $4.6M | $497K | — | — |
| 2021 | $7.2M | $6.9M | $4.5M | $413K | — | View 990 |
| 2020 | $8.7M | $7.2M | $4.3M | $469K | — | — |
| 2019 | $7.3M | $7.4M | $2.8M | $457K | — | View 990 |
| 2018 | $7.4M | $7.3M | $3.0M | $573K | — | View 990 |
| 2017 | $6.6M | $6.3M | $2.8M | $384K | — | View 990 |
| 2016 | $4.9M | $4.6M | $2.4M | $348K | — | View 990 |
| 2015 | $4.2M | $3.9M | $2.1M | $269K | — | View 990 |
| 2014 | $3.2M | $3.2M | $1.8M | $302K | — | View 990 |
| 2013 | $3.2M | $3.2M | $1.8M | $313K | — | View 990 |
| 2012 | $3.3M | $3.5M | $1.7M | $288K | — | View 990 |
| 2011 | $3.3M | $3.2M | $2.0M | $360K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.4M, expenses of $7.5M, and assets of $5.0M (revenue +13.4% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.6M, and assets of $4.6M (revenue -9.3% year-over-year).
- 2021: Revenue of $7.2M, expenses of $6.9M, and assets of $4.5M (revenue -17.0% year-over-year).
- 2020: Revenue of $8.7M, expenses of $7.2M, and assets of $4.3M (revenue +18.3% year-over-year).
- 2019: Revenue of $7.3M, expenses of $7.4M, and assets of $2.8M (revenue -0.5% year-over-year).
- 2018: Revenue of $7.4M, expenses of $7.3M, and assets of $3.0M (revenue +11.5% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.3M, and assets of $2.8M (revenue +35.7% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.6M, and assets of $2.4M (revenue +15.9% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.9M, and assets of $2.1M (revenue +30.1% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.2M, and assets of $1.8M (revenue +0.4% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.2M, and assets of $1.8M (revenue -2.0% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.5M, and assets of $1.7M (revenue +0.4% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Summitwest Care 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.