Bajito Onda Community Development Foundation
EIN: 752453240 · Albuquerque, NM
| Metric | Value |
|---|---|
| Total Expenses | $154K |
| Net Assets | $-48,256 |
Is Bajito Onda Community Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bajito Onda Community Development Foundation
Bajito Onda Community Development Foundation (EIN: 752453240) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bajito Onda Community Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bajito Onda Community Development Foundation is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of 23.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $154K |
| Surplus / Deficit | $-3,261 |
| Total Assets | $8K |
| Total Liabilities | $57K |
| Net Assets | $-48,256 |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 671.1% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2021, Bajito Onda Community Development Foundation reported a deficit of $3K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 671.1% (high leverage).
Financial Trends
Over 12 years of filings (2010–2021), Bajito Onda Community Development Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +19.6% | -1.5% | -21.1% |
| 2020 | -4.2% | +14.5% | +278.9% |
| 2019 | +2.9% | -7.2% | -67.9% |
| 2018 | -28.0% | -15.9% | -33.0% |
| 2017 | +29.6% | +27.0% | +168.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bajito Onda Community Development Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bajito Onda Community Development Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 671.1%.
Frequently Asked Questions about Bajito Onda Community Development Foundation
Is Bajito Onda Community Development Foundation a legitimate charity?
Bajito Onda Community Development Foundation (EIN: 752453240) is a registered tax-exempt nonprofit based in New Mexico. It has 12 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Bajito Onda Community Development Foundation spend its money?
Bajito Onda Community Development Foundation reported its financials in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bajito Onda Community Development Foundation tax-deductible?
Bajito Onda Community Development Foundation is registered as a tax-exempt nonprofit (EIN: 752453240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bajito Onda Community Development Foundation located?
Bajito Onda Community Development Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 752453240.
How many years of IRS 990 filings does Bajito Onda Community Development Foundation have?
Bajito Onda Community Development Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Bajito Onda Community Development Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), Bajito Onda Community Development Foundation's revenue has grown by 874.7%, moving from $15K to $151K. Total assets increased by 388.4% over the same period, from $2K to $8K. Total functional expenses rose by 610.6%, from $22K to $154K. In its most recent filing year (2021), Bajito Onda Community Development Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $57K in liabilities against $8K in assets (debt-to-asset ratio: 671.1%), resulting in net assets of $-48,256.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $151K | $154K | $8K | $57K | — | — |
| 2020 | $126K | $156K | $11K | $56K | — | View 990 |
| 2019 | $132K | $137K | $3K | $17K | — | View 990 |
| 2018 | $128K | $147K | $9K | $19K | — | View 990 |
| 2017 | $178K | $175K | $13K | $3K | — | View 990 |
| 2016 | $137K | $138K | $5K | $5K | — | View 990 |
| 2015 | $100K | $103K | $2K | $2K | — | View 990 |
| 2014 | $71K | $70K | $4K | $0 | — | View 990 |
| 2013 | $89K | $84K | $3K | $0 | — | View 990 |
| 2012 | $41K | $12K | $1 | $0 | — | View 990 |
| 2011 | $14K | $16K | $106 | $0 | — | View 990 |
| 2010 | $15K | $22K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $151K, expenses of $154K, and assets of $8K (revenue +19.6% year-over-year).
- 2020: Revenue of $126K, expenses of $156K, and assets of $11K (revenue -4.2% year-over-year).
- 2019: Revenue of $132K, expenses of $137K, and assets of $3K (revenue +2.9% year-over-year).
- 2018: Revenue of $128K, expenses of $147K, and assets of $9K (revenue -28.0% year-over-year).
- 2017: Revenue of $178K, expenses of $175K, and assets of $13K (revenue +29.6% year-over-year).
- 2016: Revenue of $137K, expenses of $138K, and assets of $5K (revenue +37.8% year-over-year).
- 2015: Revenue of $100K, expenses of $103K, and assets of $2K (revenue +40.0% year-over-year).
- 2014: Revenue of $71K, expenses of $70K, and assets of $4K (revenue -20.3% year-over-year).
- 2013: Revenue of $89K, expenses of $84K, and assets of $3K (revenue +119.5% year-over-year).
- 2012: Revenue of $41K, expenses of $12K, and assets of $1 (revenue +187.1% year-over-year).
- 2011: Revenue of $14K, expenses of $16K, and assets of $106 (revenue -8.5% year-over-year).
- 2010: Revenue of $15K, expenses of $22K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bajito Onda Community Development Foundation:
Data Sources and Methodology
This transparency report for Bajito Onda Community Development Foundation 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.