Is New Mexico Tech University Research Park…

Quick charity verification for New Mexico Tech University Research Park Corporation (EIN: 201415351)

Spending Breakdown

How New Mexico Tech University Research Park Corporation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about New Mexico Tech University Research Park Corporation

Is New Mexico Tech University Research Park Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, New Mexico Tech University Research Park Corporation (EIN: 201415351) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is New Mexico Tech University Research Park Corporation a good charity to donate to?

New Mexico Tech University Research Park Corporation has a Mission Score of 65/100. Revenue: $176K. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Mexico Tech University Research Park Corporation?

The Employer Identification Number (EIN) for New Mexico Tech University Research Park Corporation is 201415351. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does New Mexico Tech University Research Park Corporation spend its money?

New Mexico Tech University Research Park Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Mexico Tech University Research Park Corporation's tax-exempt status?

You can verify New Mexico Tech University Research Park Corporation's tax-exempt status using EIN 201415351 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

New Mexico Tech University Research Park Corporation exhibits highly volatile financial performance over the past decade. While the organization holds substantial assets, reaching $3,306,664 in the latest period, its revenue and expenses fluctuate dramatically year-to-year. For instance, in 202206, revenue was $1,645,926, significantly higher than the $29,537 reported in 202306. This inconsistency makes it challenging to assess long-term financial stability without further context on the nature of its research park operations and funding cycles. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive pay.

The spending efficiency is difficult to ascertain precisely without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the wide swings between revenue and expenses, such as expenses exceeding revenue by over $135,000 in 202306 ($165,468 expenses vs. $29,537 revenue) and by over $1.5 million in 202006, suggest periods of significant operational deficits. Conversely, there are also periods of substantial surpluses, like 202206 where revenue far outstripped expenses. The lack of detailed expense categorization in the provided data limits a thorough assessment of spending efficiency.

Regarding transparency, the consistent filing of IRS Form 990s over ten periods demonstrates a commitment to regulatory compliance. The absence of officer compensation is a transparent practice. However, without access to the full 990 forms, which would detail functional expenses and program service accomplishments, a complete evaluation of programmatic transparency and impact is not possible. The provided data offers a high-level financial overview but lacks the granular detail needed for a comprehensive transparency assessment beyond basic compliance.

Is New Mexico Tech University Research Park Corporation Legit?

Verdict: New Mexico Tech University Research Park Corporation shows mixed signals

Red Flags

Strengths