Border Financial Resources Inc
EIN: 43835569 · San Luis, AZ · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $230K |
| Total Expenses | $273K |
| Net Assets | $431K |
Is Border Financial Resources Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Border Financial Resources Inc
Border Financial Resources Inc (EIN: 43835569) is a nonprofit organization based in San Luis, AZ, classified under NTEE code S40. The organization reported total revenue of $230K and total assets of $854K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Border Financial Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Border Financial Resources Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $273K |
| Surplus / Deficit | $-101,077 |
| Total Assets | $833K |
| Total Liabilities | $402K |
| Net Assets | $431K |
| Operating Margin | -58.9% |
| Debt-to-Asset Ratio | 48.2% |
| Months of Reserves | 36.7 months |
Financial Health Grade: B
In 2023, Border Financial Resources Inc reported a deficit of $101K with expenses exceeding revenue, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 48.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Border Financial Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.0% | +19.3% | -1.3% |
| 2022 | -28.0% | +18.5% | +21.7% |
| 2021 | +50.3% | +7.3% | +52.8% |
| 2020 | -12.3% | -7.5% | +14.9% |
| 2019 | +90.1% | +37.0% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Border Financial Resources Inc 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 Border Financial Resources Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.2%.
Frequently Asked Questions about Border Financial Resources Inc
Is Border Financial Resources Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Border Financial Resources Inc (EIN: 43835569) insufficient data. 0 red flags identified, 0 strengths noted.
How does Border Financial Resources Inc spend its money?
Detailed spending breakdown data is not yet available for Border Financial Resources Inc. Check back for updated IRS 990 analysis.
Are donations to Border Financial Resources Inc tax-deductible?
Border Financial Resources Inc is registered as a tax-exempt nonprofit (EIN: 43835569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Border Financial Resources Inc located?
Border Financial Resources Inc is headquartered in San Luis, Arizona and files with the IRS under EIN 43835569. It is classified under NTEE code S40.
How many years of IRS 990 filings does Border Financial Resources Inc have?
Border Financial Resources Inc has 13 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 $230K in total revenue.
Filing History
IRS 990 filing history for Border Financial Resources Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Border Financial Resources Inc's revenue has grown by 313.9%, moving from $41K to $171K. Total assets increased by 7.1% over the same period, from $778K to $833K. Total functional expenses rose by 96%, from $139K to $273K. In its most recent filing year (2023), Border Financial Resources Inc reported a deficit of $101K, with expenses exceeding revenue. The organization holds $402K in liabilities against $833K in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $431K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $273K | $833K | $402K | — | — |
| 2022 | $256K | $228K | $844K | $312K | — | View 990 |
| 2021 | $355K | $193K | $694K | $189K | — | View 990 |
| 2020 | $236K | $180K | $454K | $112K | — | — |
| 2019 | $269K | $194K | $395K | $110K | — | View 990 |
| 2018 | $142K | $142K | $403K | $193K | — | View 990 |
| 2017 | $187K | $223K | $406K | $196K | — | View 990 |
| 2016 | $181K | $177K | $405K | $158K | — | View 990 |
| 2015 | $208K | $201K | $403K | $161K | — | View 990 |
| 2014 | $141K | $199K | $401K | $166K | — | View 990 |
| 2013 | $255K | $268K | $361K | $68K | — | View 990 |
| 2012 | $393K | $227K | $582K | $276K | — | View 990 |
| 2011 | $41K | $139K | $778K | $639K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $273K, and assets of $833K (revenue -33.0% year-over-year).
- 2022: Revenue of $256K, expenses of $228K, and assets of $844K (revenue -28.0% year-over-year).
- 2021: Revenue of $355K, expenses of $193K, and assets of $694K (revenue +50.3% year-over-year).
- 2020: Revenue of $236K, expenses of $180K, and assets of $454K (revenue -12.3% year-over-year).
- 2019: Revenue of $269K, expenses of $194K, and assets of $395K (revenue +90.1% year-over-year).
- 2018: Revenue of $142K, expenses of $142K, and assets of $403K (revenue -24.0% year-over-year).
- 2017: Revenue of $187K, expenses of $223K, and assets of $406K (revenue +3.0% year-over-year).
- 2016: Revenue of $181K, expenses of $177K, and assets of $405K (revenue -12.8% year-over-year).
- 2015: Revenue of $208K, expenses of $201K, and assets of $403K (revenue +47.1% year-over-year).
- 2014: Revenue of $141K, expenses of $199K, and assets of $401K (revenue -44.6% year-over-year).
- 2013: Revenue of $255K, expenses of $268K, and assets of $361K (revenue -35.2% year-over-year).
- 2012: Revenue of $393K, expenses of $227K, and assets of $582K (revenue +849.3% year-over-year).
- 2011: Revenue of $41K, expenses of $139K, and assets of $778K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Border Financial Resources Inc:
Data Sources and Methodology
This transparency report for Border Financial Resources Inc 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.