Trinidad Community Foundation

Trinidad Community Foundation shows strong recent revenue growth and no reported officer compensation.

EIN: 205077446 · Trinidad, CO · NTEE: B82 · Updated: 2026-03-28

$302KRevenue

$225KAssets

90/100Mission Score (Excellent)

B82

About Trinidad Community Foundation

Trinidad Community Foundation (EIN: 205077446) is a nonprofit organization based in Trinidad, CO, classified under NTEE code B82. The organization reported total revenue of $302K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinidad Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Trinidad Community Foundation demonstrates a generally healthy financial trajectory, with recent years showing significant growth in revenue and a positive net income. For instance, in the 202406 period, revenue was $425,359 against expenses of $387,524, indicating a surplus. This positive trend is also seen in the 202306 period with revenues of $435,380 exceeding expenses of $357,677. The organization's assets have fluctuated, with a notable dip in 202206 to $390,866 from a higher point, but have since recovered to $170,495 in 202406, indicating a rebuilding of its financial base.

The foundation appears to be spending efficiently, as evidenced by its consistent positive net income in recent years. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial health suggests a responsible allocation of resources.

Transparency is high given the consistent filing of IRS Form 990s over 14 periods, making its financial data publicly accessible. The consistent reporting of zero officer compensation further enhances its transparency profile, demonstrating that financial resources are not being diverted to high executive salaries. The organization's financial history, while showing some variability in earlier years, has stabilized and grown, reflecting a mature and well-managed entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Trinidad Community Foundation with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Trinidad Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with recent revenues exceeding $400,000.

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 Trinidad Community Foundation's IRS 990 filings:

Significant fluctuation in assets and liabilities in 202206 (Assets=$390,866, Liabilities=$341,076) which could indicate a large project or financial event.

Strengths

The following positive indicators were identified for Trinidad Community Foundation:

Consistent zero officer compensation across all filings, indicating strong dedication of funds to mission.
Significant revenue growth in recent years (e.g., from $70,872 in 202106 to over $400,000 in 202306 and 202406).
Positive net income in recent periods (e.g., $37,835 in 202406 and $77,703 in 202306), demonstrating financial health.
Extensive filing history (14 filings) indicating strong transparency and compliance.
Low liabilities relative to assets in recent periods (e.g., $5,167 liabilities vs. $170,495 assets in 202406).

Frequently Asked Questions about Trinidad Community Foundation

Is Trinidad Community Foundation a good charity?

Based on the provided financial data, Trinidad Community Foundation appears to be a good charity. It demonstrates strong financial health with consistent positive net income in recent years (e.g., $425,359 revenue vs. $387,524 expenses in 202406), no reported officer compensation, and a long history of IRS 990 filings indicating transparency.

How has the organization's revenue trended over time?

The organization's revenue has shown significant growth in recent years, jumping from $70,872 in 202106 to $435,380 in 202306 and $425,359 in 202406, after a period of lower and more volatile revenues in earlier years.

What is the organization's asset base?

The organization's assets have fluctuated, reaching a high of $390,866 in 202206, but have since settled to $170,495 in 202406, indicating a rebuilding phase after a period of higher liabilities.

Are there any concerns about executive pay?

No, there are no concerns about executive pay. The organization consistently reports 0% officer compensation across all 14 filings, which is an excellent indicator of financial stewardship.

How stable is the organization financially?

The organization shows good financial stability, particularly in recent years, with consistent positive net income (e.g., $37,835 surplus in 202406 and $77,703 surplus in 202306) and a growing revenue base, despite some past fluctuations in assets and liabilities.

Filing History

IRS 990 filing history for Trinidad Community Foundation showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Trinidad Community Foundation's revenue has grown by 827.7%, moving from $46K to $425K. Total assets increased by 79.4% over the same period, from $95K to $170K. Total functional expenses rose by 443.2%, from $71K to $388K. In its most recent filing year (2024), Trinidad Community Foundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $5K in liabilities against $170K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $165K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$425K	$388K	$170K	$5K	—	—
2023	$435K	$358K	$141K	$13K	—	View 990
2022	$91K	$99K	$391K	$341K	—	View 990
2021	$71K	$51K	$58K	$0	—	View 990
2020	$51K	$60K	$40K	$1K	—	View 990
2019	$84K	$78K	$48K	$784	—	View 990
2018	$87K	$69K	$42K	$674	—	View 990
2017	$-467	$36K	$26K	$716	—	View 990
2016	$72K	$45K	$62K	$750	—	View 990
2015	$50K	$58K	$35K	$663	—	View 990
2014	$38K	$53K	$42K	$601	—	View 990
2013	$46K	$69K	$57K	$621	—	View 990
2012	$38K	$54K	$80K	$648	—	View 990
2011	$46K	$71K	$95K	$576	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $425K, expenses of $388K, and assets of $170K (revenue -2.3% year-over-year).
2023: Revenue of $435K, expenses of $358K, and assets of $141K (revenue +377.4% year-over-year).
2022: Revenue of $91K, expenses of $99K, and assets of $391K (revenue +28.7% year-over-year).
2021: Revenue of $71K, expenses of $51K, and assets of $58K (revenue +39.5% year-over-year).
2020: Revenue of $51K, expenses of $60K, and assets of $40K (revenue -39.4% year-over-year).
2019: Revenue of $84K, expenses of $78K, and assets of $48K (revenue -3.0% year-over-year).
2018: Revenue of $87K, expenses of $69K, and assets of $42K.
2017: Revenue of $-467, expenses of $36K, and assets of $26K (revenue -100.6% year-over-year).
2016: Revenue of $72K, expenses of $45K, and assets of $62K (revenue +43.6% year-over-year).
2015: Revenue of $50K, expenses of $58K, and assets of $35K (revenue +33.2% year-over-year).
2014: Revenue of $38K, expenses of $53K, and assets of $42K (revenue -18.1% year-over-year).
2013: Revenue of $46K, expenses of $69K, and assets of $57K (revenue +20.6% year-over-year).
2012: Revenue of $38K, expenses of $54K, and assets of $80K (revenue -16.4% year-over-year).
2011: Revenue of $46K, expenses of $71K, and assets of $95K.

Data Sources and Methodology

This transparency report for Trinidad Community Foundation 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.