Tigray Ethiopian Communityassociation In Colorado
EIN: 260646048 · Aurora, CO · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $117K |
| Net Assets | $1.4M |
Is Tigray Ethiopian Communityassociation In Colorado Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tigray Ethiopian Communityassociation In Colorado
Tigray Ethiopian Communityassociation In Colorado (EIN: 260646048) is a nonprofit organization based in Aurora, CO, classified under NTEE code Q33. The organization reported total revenue of $254K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tigray Ethiopian Communityassociation In Colorado's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tigray Ethiopian Communityassociation In Colorado is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $819K |
| Total Expenses | $117K |
| Surplus / Deficit | +$702K |
| Total Assets | $1.6M |
| Total Liabilities | $177K |
| Net Assets | $1.4M |
| Operating Margin | 85.7% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 162.8 months |
Financial Health Grade: A
In 2023, Tigray Ethiopian Communityassociation In Colorado reported a surplus of $702K with revenue exceeding expenses, holds 162.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 3 years of filings (2012–2023), Tigray Ethiopian Communityassociation In Colorado's revenue has grown at a compound annual growth rate (CAGR) of 29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.1% | +43.0% | +115.6% |
| 2022 | +704.8% | +923.3% | +902.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tigray Ethiopian Communityassociation In Colorado 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 Tigray Ethiopian Communityassociation In Colorado 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 surplus of $702K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Tigray Ethiopian Communityassociation In Colorado
Is Tigray Ethiopian Communityassociation In Colorado a legitimate charity?
Tigray Ethiopian Communityassociation In Colorado (EIN: 260646048) is a registered tax-exempt nonprofit based in Colorado. It has 3 years of IRS 990 filings on record. Total revenue: $254K. No red flags identified. Financial health grade: A.
How does Tigray Ethiopian Communityassociation In Colorado spend its money?
Tigray Ethiopian Communityassociation In Colorado reported $254K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tigray Ethiopian Communityassociation In Colorado tax-deductible?
Tigray Ethiopian Communityassociation In Colorado is registered as a tax-exempt nonprofit (EIN: 260646048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tigray Ethiopian Communityassociation In Colorado located?
Tigray Ethiopian Communityassociation In Colorado is headquartered in Aurora, Colorado and files with the IRS under EIN 260646048. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Tigray Ethiopian Communityassociation In Colorado have?
Tigray Ethiopian Communityassociation In Colorado has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $254K in total revenue.
Filing History
IRS 990 filing history for Tigray Ethiopian Communityassociation In Colorado showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2023), Tigray Ethiopian Communityassociation In Colorado's revenue has grown by 1583.1%, moving from $49K to $819K. Total assets increased by 2060.6% over the same period, from $73K to $1.6M. Total functional expenses rose by 1363.3%, from $8K to $117K. In its most recent filing year (2023), Tigray Ethiopian Communityassociation In Colorado reported a surplus of $702K, with revenue exceeding expenses. The organization holds $177K in liabilities against $1.6M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $819K | $117K | $1.6M | $177K | — | — |
| 2022 | $391K | $82K | $734K | $30K | — | — |
| 2012 | $49K | $8K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $819K, expenses of $117K, and assets of $1.6M (revenue +109.1% year-over-year).
- 2022: Revenue of $391K, expenses of $82K, and assets of $734K (revenue +704.8% year-over-year).
- 2012: Revenue of $49K, expenses of $8K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tigray Ethiopian Communityassociation In Colorado:
Data Sources and Methodology
This transparency report for Tigray Ethiopian Communityassociation In 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.