NRecreation & SportsEIN: 810539964· Ruling Year: 2002

First Descents

Denver, Colorado

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$4.7M
Total Revenue
📊
$4.6M
Total Expenses
🏦
$8.0M
Net Assets
📋
$473K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.2%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.74
Net assets divided by total expenses
Liabilities-to-Assets
5.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,687,860$4,618,13116%$8,523,0027%
2022$4,698,0911%$3,978,58957%$9,193,4629%
2021$4,632,01413%$2,535,53211%$8,441,05619%
2020$5,353,26249%$2,286,27327%$7,107,473114%
2019$3,585,1578%$3,141,0341%$3,319,4692%
2018$3,915,92914%$3,116,9894%$3,258,49749%
2017$3,428,25341%$2,999,41611%$2,192,63624%
2016$2,435,28221%$2,708,0467%$1,764,80614%
2015$3,096,38920%$2,903,12735%$2,056,21150%
2014$2,576,80317%$2,148,2564%$1,373,51856%
2013$2,197,8409%$2,063,4316%$880,7819%
2012$2,008,14311%$1,940,82230%$811,37516%
2011$1,801,154$1,490,465$696,715

Frequently Asked Questions

What does First Descents do?

First Descents is a recreation & sports nonprofit organization based in Colorado. It is classified under NTEE code N20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Descents financially healthy?

Based on our 9-metric Financial Health Score model, First Descents has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Descents generate?

First Descents reports $8.9M in annual revenue and holds $13.1M in total assets, based on IRS filings.

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