Commercial Association Of Realtors New Mexico
EIN: 850435676 · Albuquerque, NM · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $982K |
| Total Expenses | $916K |
| Net Assets | $285K |
Is Commercial Association Of Realtors New Mexico Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commercial Association Of Realtors New Mexico
Commercial Association Of Realtors New Mexico (EIN: 850435676) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code S47. The organization reported total revenue of $982K and total assets of $878K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commercial Association Of Realtors New Mexico's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commercial Association Of Realtors New Mexico is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $845K |
| Total Expenses | $916K |
| Surplus / Deficit | $-71,157 |
| Total Assets | $777K |
| Total Liabilities | $492K |
| Net Assets | $285K |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 63.3% |
| Months of Reserves | 10.2 months |
Financial Health Grade: C
In 2023, Commercial Association Of Realtors New Mexico reported a deficit of $71K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 63.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Commercial Association Of Realtors New Mexico's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +20.0% | -14.8% |
| 2022 | +9.4% | +2.5% | +4.9% |
| 2021 | +24.1% | +38.4% | +5.2% |
| 2020 | -15.8% | -18.5% | -21.7% |
| 2019 | +2.1% | +9.2% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commercial Association Of Realtors New Mexico 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 Commercial Association Of Realtors New Mexico 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 $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.3%.
Frequently Asked Questions about Commercial Association Of Realtors New Mexico
Is Commercial Association Of Realtors New Mexico a legitimate charity?
Based on AI analysis of IRS 990 filings, Commercial Association Of Realtors New Mexico (EIN: 850435676) insufficient data. 0 red flags identified, 0 strengths noted.
How does Commercial Association Of Realtors New Mexico spend its money?
Detailed spending breakdown data is not yet available for Commercial Association Of Realtors New Mexico. Check back for updated IRS 990 analysis.
Are donations to Commercial Association Of Realtors New Mexico tax-deductible?
Commercial Association Of Realtors New Mexico is registered as a tax-exempt nonprofit (EIN: 850435676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commercial Association Of Realtors New Mexico located?
Commercial Association Of Realtors New Mexico is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850435676. It is classified under NTEE code S47.
How many years of IRS 990 filings does Commercial Association Of Realtors New Mexico have?
Commercial Association Of Realtors New Mexico 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. The most recent filing shows $982K in total revenue.
Filing History
IRS 990 filing history for Commercial Association Of Realtors New Mexico showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Commercial Association Of Realtors New Mexico's revenue has grown by 145.7%, moving from $344K to $845K. Total assets decreased by 17.8% over the same period, from $946K to $777K. Total functional expenses rose by 150.8%, from $365K to $916K. In its most recent filing year (2023), Commercial Association Of Realtors New Mexico reported a deficit of $71K, with expenses exceeding revenue. The organization holds $492K in liabilities against $777K in assets (debt-to-asset ratio: 63.3%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $845K | $916K | $777K | $492K | — | — |
| 2022 | $776K | $763K | $913K | $594K | — | View 990 |
| 2021 | $710K | $744K | $871K | $513K | — | View 990 |
| 2020 | $572K | $538K | $828K | $434K | — | View 990 |
| 2019 | $680K | $660K | $1.1M | $629K | — | — |
| 2018 | $666K | $605K | $1.0M | $623K | — | View 990 |
| 2016 | $494K | $496K | $808K | $445K | — | View 990 |
| 2015 | $416K | $473K | $835K | $471K | — | View 990 |
| 2014 | $359K | $421K | $861K | $439K | — | View 990 |
| 2013 | $334K | $372K | $866K | $382K | — | View 990 |
| 2012 | $327K | $346K | $918K | $396K | — | View 990 |
| 2011 | $344K | $365K | $946K | $405K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $845K, expenses of $916K, and assets of $777K (revenue +8.9% year-over-year).
- 2022: Revenue of $776K, expenses of $763K, and assets of $913K (revenue +9.4% year-over-year).
- 2021: Revenue of $710K, expenses of $744K, and assets of $871K (revenue +24.1% year-over-year).
- 2020: Revenue of $572K, expenses of $538K, and assets of $828K (revenue -15.8% year-over-year).
- 2019: Revenue of $680K, expenses of $660K, and assets of $1.1M (revenue +2.1% year-over-year).
- 2018: Revenue of $666K, expenses of $605K, and assets of $1.0M (revenue +34.7% year-over-year).
- 2016: Revenue of $494K, expenses of $496K, and assets of $808K (revenue +19.0% year-over-year).
- 2015: Revenue of $416K, expenses of $473K, and assets of $835K (revenue +15.7% year-over-year).
- 2014: Revenue of $359K, expenses of $421K, and assets of $861K (revenue +7.4% year-over-year).
- 2013: Revenue of $334K, expenses of $372K, and assets of $866K (revenue +2.3% year-over-year).
- 2012: Revenue of $327K, expenses of $346K, and assets of $918K (revenue -5.0% year-over-year).
- 2011: Revenue of $344K, expenses of $365K, and assets of $946K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commercial Association Of Realtors New Mexico:
Data Sources and Methodology
This transparency report for Commercial Association Of Realtors New Mexico 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.