Carlsbad Community Of Hope Center Inc
EIN: 813082080 · Carlsbad, NM · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $179K |
| Net Assets | $88K |
Is Carlsbad Community Of Hope Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carlsbad Community Of Hope Center Inc
Carlsbad Community Of Hope Center Inc (EIN: 813082080) is a nonprofit organization based in Carlsbad, NM, classified under NTEE code L41. The organization reported total revenue of $166K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carlsbad Community Of Hope Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carlsbad Community Of Hope Center Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $179K |
| Surplus / Deficit | $-18,524 |
| Total Assets | $88K |
| Net Assets | $88K |
| Operating Margin | -11.5% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2023, Carlsbad Community Of Hope Center Inc reported a deficit of $19K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2017–2023), Carlsbad Community Of Hope Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.6% | +7.1% | -17.5% |
| 2022 | +24.0% | +11.4% | +35.3% |
| 2021 | +19.9% | +16.8% | +8.1% |
| 2020 | -8.2% | +0.6% | +4.0% |
| 2019 | +48.9% | +53.9% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carlsbad Community Of Hope Center 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 Carlsbad Community Of Hope Center 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 $19K, with expenses exceeding revenue.
Frequently Asked Questions about Carlsbad Community Of Hope Center Inc
Is Carlsbad Community Of Hope Center Inc a legitimate charity?
Carlsbad Community Of Hope Center Inc (EIN: 813082080) is a registered tax-exempt nonprofit based in New Mexico. It has 7 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: B.
How does Carlsbad Community Of Hope Center Inc spend its money?
Carlsbad Community Of Hope Center Inc reported $166K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carlsbad Community Of Hope Center Inc tax-deductible?
Carlsbad Community Of Hope Center Inc is registered as a tax-exempt nonprofit (EIN: 813082080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carlsbad Community Of Hope Center Inc located?
Carlsbad Community Of Hope Center Inc is headquartered in Carlsbad, New Mexico and files with the IRS under EIN 813082080. It is classified under NTEE code L41.
How many years of IRS 990 filings does Carlsbad Community Of Hope Center Inc have?
Carlsbad Community Of Hope Center Inc has 7 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 $166K in total revenue.
Filing History
IRS 990 filing history for Carlsbad Community Of Hope Center Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Carlsbad Community Of Hope Center Inc's revenue has grown by 51.3%, moving from $106K to $160K. Total assets increased by 114.2% over the same period, from $41K to $88K. Total functional expenses rose by 157%, from $70K to $179K. In its most recent filing year (2023), Carlsbad Community Of Hope Center Inc reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $179K | $88K | $0 | — | — |
| 2022 | $195K | $167K | $106K | $0 | — | View 990 |
| 2021 | $157K | $150K | $78K | $0 | — | — |
| 2020 | $131K | $128K | $73K | $1K | — | View 990 |
| 2019 | $143K | $128K | $70K | $939 | — | View 990 |
| 2018 | $96K | $83K | $55K | $937 | — | View 990 |
| 2017 | $106K | $70K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $179K, and assets of $88K (revenue -17.6% year-over-year).
- 2022: Revenue of $195K, expenses of $167K, and assets of $106K (revenue +24.0% year-over-year).
- 2021: Revenue of $157K, expenses of $150K, and assets of $78K (revenue +19.9% year-over-year).
- 2020: Revenue of $131K, expenses of $128K, and assets of $73K (revenue -8.2% year-over-year).
- 2019: Revenue of $143K, expenses of $128K, and assets of $70K (revenue +48.9% year-over-year).
- 2018: Revenue of $96K, expenses of $83K, and assets of $55K (revenue -9.6% year-over-year).
- 2017: Revenue of $106K, expenses of $70K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carlsbad Community Of Hope Center Inc:
Data Sources and Methodology
This transparency report for Carlsbad Community Of Hope Center 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.