Colorado Miners Inc
Nonprofit profile at a glance
- EIN
- 760821991
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Denver, CO, USA
- Phone
- 7203296381
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Basketball
Reported finances
- Revenue
- $88,985
- Expenses
- $87,348
- Assets
- $2,629
- Liabilities
- $69,800
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Randy Perkins (Exec Director)
- Robert S Woodruff (Director)
- James McDonald (Director)
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 inspire a sense of responsibility, self-worth, confidence and leadership within our community, for themselves and their families.
What it reported doing in 2024
The Colorado miners is dedicated to supporting todaysyouth. Established in 2004, the organization was foundedto fill a void in the development of todays youth and togive young people as many advantages as possible to be successful inlife.we understand the role athletics can play in the development of youngpeople and we embrace the idea of rekindling hope through athletics.it is our goal to provide opportunities for todays youth toparticipate and engage in social and athletic programs in a positive and supportive setting.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 93%; rating input score 93
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: 1.8%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 26.55; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 93% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 9/100.