Colorado African Innovation and Cultural Center (CAICC)
Legal name: Colorado African Cultural Center
Nonprofit profile at a glance
- EIN
- 920401846
- IRS 990-EZ coverage
- 2023–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024
- Location
- Denver, CO, United States
- Phone
- 7209807839
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $139,860
- Expenses
- $72,384
- Assets
- $75,788
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Samuel Ogah (Executive Director)
- Vincent Omegba (President)
- Edward Mensah (Vice President)
People named in this filing
- Samuel Ogah (Executive Director)
- Vincent Omegba (President)
- Edward Mensah (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower African and immigrant communities through cultural celebration, youth development, and business support.
What it reported doing in 2024
Career Development - Through the Upskill & Get Hired program, Colorado African Cultural Center (CACC) expanded economic opportunity by providing professional training in high-demand tech skills, job readiness, and interview preparation to over 90 community members. An additional 110 participants joined our career networking events, connecting directly with hiring managers and industry mentors. More than 70% of those trained secured higher-paying positions or earned promotions. CACC invested 240 hours of direct service to deliver this program. In addition, CACC's Young Tech Innovator program empowered 60 youth through hands-on, project-based learning in tech fields like cybersecurity, AI, and cloud computing. Over 96 hours of instruction, participants built real-world projects, went on field trips, got internship and mentorship opportunities, culminating in a demo day that attracted community stakeholders and tech professionals.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 100
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.7%; rating input score 22
- Program expense ratio: 41.9%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 48.2%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 24.9%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: -61.8% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 26.3% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 160.5% per year; rating input score 100; 99th percentile among comparable filings
Details
- What they do: 15 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 21.7% of revenue deployed · 41.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $30K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 22/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 14/100.