Acequia Madre House
Acequia Madre House faces recent operating deficits despite healthy assets and no executive compensation.
EIN: 208068361 · Santa Fe, NM · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $184K |
| Total Expenses | $417K |
| Program Spending | 90% |
| Net Assets | $458K |
| Transparency Score | 85/100 |
Is Acequia Madre House Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acequia Madre House directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acequia Madre House
Acequia Madre House (EIN: 208068361) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A80. The organization reported total revenue of $184K and total assets of $412K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acequia Madre House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acequia Madre House is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $417K |
| Surplus / Deficit | $-111,991 |
| Total Assets | $480K |
| Total Liabilities | $22K |
| Net Assets | $458K |
| Operating Margin | -36.8% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 13.8 months |
Financial Health Grade: B
In 2023, Acequia Madre House reported a deficit of $112K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Acequia Madre House's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.6% | -21.4% | -17.7% |
| 2022 | +18.4% | +57.7% | -9.1% |
| 2021 | -38.0% | -9.0% | +11.1% |
| 2020 | +45.9% | +59.1% | +100.9% |
| 2019 | +43470600.0% | — | +28774500.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Acequia Madre House with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Acequia Madre House allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $112K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a strong positive for a nonprofit of its size, suggesting a high dedication to mission-focused spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Acequia Madre House's IRS 990 filings:
- Consistent operating deficits in the last two reported periods (2022 and 2023), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Acequia Madre House:
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Healthy asset-to-liability ratio, demonstrating strong financial solvency.
- Significant asset growth over the long term, from $4,423 in 2011 to $480,088 in 2023 (excluding the 2015 anomaly).
Frequently Asked Questions about Acequia Madre House
Is Acequia Madre House a legitimate charity?
Based on AI analysis of IRS 990 filings, Acequia Madre House (EIN: 208068361) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Acequia Madre House spend its money?
Acequia Madre House directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Acequia Madre House tax-deductible?
Acequia Madre House is registered as a tax-exempt nonprofit (EIN: 208068361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Acequia Madre House's spending goes to programs?
Acequia Madre House directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Acequia Madre House compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Acequia Madre House is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Acequia Madre House located?
Acequia Madre House is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 208068361. It is classified under NTEE code A80.
How many years of IRS 990 filings does Acequia Madre House have?
Acequia Madre House has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $184K in total revenue.
Is Acequia Madre House a good charity?
Acequia Madre House appears to be a good charity, particularly due to its commitment to not paying officer compensation and maintaining a strong asset base. However, recent years show expenses exceeding revenue, which warrants monitoring for long-term financial stability.
What is the trend in Acequia Madre House's financial performance?
The organization has experienced significant fluctuations in revenue and expenses. While some years showed strong surpluses (e.g., 2020 with $634,146 revenue vs. $368,973 expenses), the most recent two years (2022 and 2023) show expenses exceeding revenue, indicating operating deficits.
How does Acequia Madre House manage its liabilities?
Acequia Madre House generally maintains very low liabilities relative to its assets. For example, in 2023, liabilities were $22,380 against assets of $480,088, indicating strong financial solvency and responsible debt management.
Filing History
IRS 990 filing history for Acequia Madre House showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Acequia Madre House's revenue has grown by 57%, moving from $194K to $305K. Total assets increased by 10754.4% over the same period, from $4K to $480K. Total functional expenses rose by 118.3%, from $191K to $417K. In its most recent filing year (2023), Acequia Madre House reported a deficit of $112K, with expenses exceeding revenue. The organization holds $22K in liabilities against $480K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $458K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $417K | $480K | $22K | — | — |
| 2022 | $466K | $530K | $584K | $14K | — | View 990 |
| 2021 | $393K | $336K | $642K | $35K | — | View 990 |
| 2020 | $634K | $369K | $578K | $29K | — | — |
| 2019 | $435K | $232K | $288K | $4K | — | — |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
| 2014 | $198K | $197K | $3K | $930 | — | View 990 |
| 2013 | $253K | $239K | $94K | $1K | — | View 990 |
| 2012 | $266K | $191K | $80K | $954 | — | View 990 |
| 2011 | $194K | $191K | $4K | $966 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $417K, and assets of $480K (revenue -34.6% year-over-year).
- 2022: Revenue of $466K, expenses of $530K, and assets of $584K (revenue +18.4% year-over-year).
- 2021: Revenue of $393K, expenses of $336K, and assets of $642K (revenue -38.0% year-over-year).
- 2020: Revenue of $634K, expenses of $369K, and assets of $578K (revenue +45.9% year-over-year).
- 2019: Revenue of $435K, expenses of $232K, and assets of $288K (revenue +43470600.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2014: Revenue of $198K, expenses of $197K, and assets of $3K (revenue -21.7% year-over-year).
- 2013: Revenue of $253K, expenses of $239K, and assets of $94K (revenue -4.8% year-over-year).
- 2012: Revenue of $266K, expenses of $191K, and assets of $80K (revenue +37.1% year-over-year).
- 2011: Revenue of $194K, expenses of $191K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acequia Madre House:
Data Sources and Methodology
This transparency report for Acequia Madre House is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.