Is Santa Fe Community College Training Center Corporation Legit?
Quick charity verification for Santa Fe Community College Training Center Corporation (EIN: 202928582)
Verdict: Santa Fe Community College Training Center Corporation has notable concerns
20/100Mission Score
$0Revenue
$96KAssets
3Red Flags
2Strengths
Red Flags
Consistent $0 revenue and expenses for multiple years (2021-2023), indicating dormancy.
Lack of reported program service accomplishments in recent filings.
Significant decrease in assets from $136,313 in 2014 to $95,979 in 2023 without clear explanation of expenses in some intervening years.
Strengths
No reported officer compensation, indicating efficient use of any potential funds.
Zero liabilities reported across all available filings, suggesting financial stability in terms of debt.
Spending Breakdown
How Santa Fe Community College Training Center Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Santa Fe Community College Training Center Corporation
Is Santa Fe Community College Training Center Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Fe Community College Training Center Corporation (EIN: 202928582) has notable concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
Is Santa Fe Community College Training Center Corporation a good charity to donate to?
Santa Fe Community College Training Center Corporation has a Mission Score of 20/100. Revenue: $0. Assets: $96K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Santa Fe Community College Training Center Corporation?
The Employer Identification Number (EIN) for Santa Fe Community College Training Center Corporation is 202928582. 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 Santa Fe Community College Training Center Corporation spend its money?
Santa Fe Community College Training Center Corporation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Santa Fe Community College Training Center Corporation's tax-exempt status?
You can verify Santa Fe Community College Training Center Corporation's tax-exempt status using EIN 202928582 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 Santa Fe Community College Training Center Corporation appears to be a dormant or minimally active organization based on its recent IRS 990 filings. For the fiscal periods ending June 2023, 2022, and 2021, the organization reported $0 in revenue and $0 in expenses, with assets remaining stable around $95,979. This consistent lack of financial activity raises questions about its current operational status and the purpose of maintaining its nonprofit designation. While its assets are modest, the absence of reported program service accomplishments or significant financial transactions makes it difficult to assess its spending efficiency or impact.
Given the minimal financial activity, transparency is inherently limited as there are no significant transactions to report. The organization consistently reports $0 in officer compensation, which is a positive indicator regarding executive pay, but it also aligns with the overall lack of activity. Without more detailed information on its current mission-related activities or future plans, a comprehensive assessment of its financial health and operational effectiveness is challenging. The organization's financial health appears stable in terms of assets exceeding liabilities, but its operational health, as indicated by revenue and expenses, is effectively non-existent in recent years.