Is Sandoval County Economic Development Foundation Inc Legit?
Quick charity verification for Sandoval County Economic Development Foundation Inc (EIN: 201554179)
Verdict: Sandoval County Economic Development Foundation Inc shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
No recent financial activity reported since 2013
Latest revenue and assets reported as $0, indicating potential inactivity
Strengths
Zero officer compensation reported in 2013 filing
Strong program spending ratio (75%) in 2013
Positive net income in 2013 ($69,012 revenue vs. $52,788 expenses)
Spending Breakdown
How Sandoval County Economic Development Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Sandoval County Economic Development Foundation Inc
Is Sandoval County Economic Development Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandoval County Economic Development Foundation Inc (EIN: 201554179) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Sandoval County Economic Development Foundation Inc a good charity to donate to?
Sandoval County Economic Development Foundation Inc has a Mission Score of 60/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sandoval County Economic Development Foundation Inc?
The Employer Identification Number (EIN) for Sandoval County Economic Development Foundation Inc is 201554179. 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 Sandoval County Economic Development Foundation Inc spend its money?
Sandoval County Economic Development Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sandoval County Economic Development Foundation Inc's tax-exempt status?
You can verify Sandoval County Economic Development Foundation Inc's tax-exempt status using EIN 201554179 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
The Sandoval County Economic Development Foundation Inc appears to be a very small organization, and its financial health is difficult to assess with limited data. The latest filing (2013) shows revenue of $69,012 and expenses of $52,788, indicating a positive net income for that period. However, the most recent data provided states $0 in both revenue and assets, which could suggest inactivity or a significant change in operations since the 2013 filing. Without more current information, it's challenging to determine its ongoing financial viability or current operational status.
Spending efficiency, based on the 2013 data, shows a reasonable allocation with 75% directed towards programs, 15% to administrative costs, and 10% to fundraising. This indicates a focus on its mission. Transparency is moderate; while a 990 filing is available, the lack of more recent financial activity makes it difficult to fully evaluate current transparency practices. The absence of officer compensation in 2013 is a positive indicator for a small organization.