Upper Arkansas Area Development Corporation A Nonprofit Corporatio
501(c)(4)
Only null% goes to programs Strong reserves Declining revenue
Upper Arkansas Area Development Corporation A Nonprofit Corporatio is a 501(c)(4) organization based in Canon City, Colorado, registered in 1991, with $120,960 in FY2022 revenue. CharityIndex grades it F.
3224 Independence Rd Unit A, Canon City, CO, 81212 EIN 84-1129143 Since 1991
Revenue (FY2022)
$121K
▼ 74.1% vs prior year
Expenses (FY2022)
$412K
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Upper Arkansas Area Development Corporation A Nonprofit Corporatio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating81 mo reserves · -241% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Upper Arkansas Area Development Corporation A Nonprofit Corporatio: 81 mo reserves · -241% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Upper Arkansas Area Development Corporation A Nonprofit Corporatio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Upper Arkansas Area Development Corporation A Nonprofit Corporatio: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3224 Independence Rd Unit A, Canon City, CO, 81212
- City
- Canon City
- State
- Colorado
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $124K (FY2013) to $121K (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $115KNet assets $2.8M
Operating margin
-240.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$115K
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $120,960▼74.1% | $411,924▲219% | $2,766,962▼9.5% | $2,881,771▼9.0% | 990 |
| 2021 | $467,740▼39.4% | $129,024▼77.6% | $3,057,926▲12.5% | $3,166,700▲7.1% | 990 |
| 2020 | $772,240▲28.7% | $577,033▲209% | $2,719,210▲7.7% | $2,957,237▼1.1% | 990 |
| 2019 | $599,893▼14.8% | $186,739▼64.1% | $2,524,005▲19.6% | $2,989,940▲25.9% | 990 |
| 2018 | $704,433▲160% | $519,666▲221% | $2,110,851▲9.6% | $2,374,540▲12.0% | 990 |
| 2017 | $270,606▼24.9% | $162,053▼1.6% | $1,926,084▲6.0% | $2,120,320▲12.5% | 990 |
| 2016 | $360,397▲7.7% | $164,657▲11.8% | $1,817,531▲12.1% | $1,885,315▲12.3% | 990 |
| 2015 | $334,706▼45.7% | $147,262▼11.8% | $1,621,791▲13.1% | $1,679,189▲1.7% | 990 |
| 2014 | $616,277▲395% | $166,980▲68.3% | $1,434,347▲45.6% | $1,651,016▲63.7% | 990 |
| 2013 | $124,428 | $99,201▼73.3% | $985,050▲2.6% | $1,008,277▲3.9% | 990 |
| 2012 | — | $372,031▲47.5% | $959,823▲10.1% | $970,548▲10.4% | 990 |
| 2011 | — | $252,153▲167% | $871,712▼2.2% | $879,502▼2.1% | 990 |
| 2010 | — | $94,469 | $891,443 | $898,219 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Upper Arkansas Area Development Corporation A Nonprofit Corporatio a legitimate nonprofit?
- Yes. Upper Arkansas Area Development Corporation A Nonprofit Corporatio is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 84-1129143, based in Canon City, Colorado.
- What is Upper Arkansas Area Development Corporation A Nonprofit Corporatio's EIN?
- Upper Arkansas Area Development Corporation A Nonprofit Corporatio's Employer Identification Number (EIN) is 84-1129143.
- How much revenue does Upper Arkansas Area Development Corporation A Nonprofit Corporatio report?
- Upper Arkansas Area Development Corporation A Nonprofit Corporatio reported $120,960 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Upper Arkansas Area Development Corporation A Nonprofit Corporatio have?
- CharityIndex grades Upper Arkansas Area Development Corporation A Nonprofit Corporatio F, based on financial health (reserves and operating margin).
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Data for Upper Arkansas Area Development Corporation A Nonprofit Corporatio (EIN 84-1129143) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.