Is Tri County Family Justice Center Ofnortheast New Mexico Inc Legit?

Quick charity verification for Tri County Family Justice Center Ofnortheast New Mexico Inc (EIN: 204897295)

Verdict: Tri County Family Justice Center Ofnortheast New Mexico Inc appears trustworthy

85/100Mission Score
$471KRevenue
$22KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Tri County Family Justice Center of Northeast New Mexico Inc. demonstrates consistent operational activity with revenues and expenses generally in close alignment over the past decade, indicating a stable, albeit tight, financial model. For example, in 2023, revenues were $429,197 against expenses of $438,968, showing a slight deficit. The organization's assets are relatively low compared to its annual revenue, with $22,416 in latest assets against $470,676 in latest revenue, suggesting limited reserves. However, the consistent operation without significant asset accumulation might be typical for a direct service organization with immediate spending needs. The organization appears to be efficient in its spending, with a strong focus on program delivery, as evidenced by the high program spending ratio. The absence of reported officer compensation across all available filings is a significant indicator of either a volunteer-led executive team or compensation being reported under other expense categories, which would warrant further investigation for full transparency. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and transparency. While the organization maintains a lean financial profile with minimal assets and liabilities, its ability to consistently generate revenue and cover expenses, even with slight annual deficits, suggests a resilient operational model. The lack of executive compensation is a notable positive for donor confidence regarding administrative overhead, assuming all leadership roles are genuinely uncompensated or compensated through non-officer roles.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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