Community Area Resource Enterprise
Community Area Resource Enterprise reports zero revenue and assets in latest filing, raising questions about operational status.
EIN: 200870956 · Gallup, NM · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $916K |
| Net Assets | $10.7M |
| Transparency Score | 10/100 |
Is Community Area Resource Enterprise Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Area Resource Enterprise
Community Area Resource Enterprise (EIN: 200870956) is a nonprofit organization based in Gallup, NM, classified under NTEE code L41. 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 Community Area Resource Enterprise's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Area Resource Enterprise is a small nonprofit that has been operating for 22 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $670K |
| Total Expenses | $916K |
| Surplus / Deficit | $-246,218 |
| Total Assets | $13.2M |
| Total Liabilities | $2.5M |
| Net Assets | $10.7M |
| Operating Margin | -36.8% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 173.4 months |
Financial Health Grade: B
In 2016, Community Area Resource Enterprise reported a deficit of $246K with expenses exceeding revenue, holds 173.4 months of operating reserves (strong position), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 7 years of filings (2010–2016), Community Area Resource Enterprise's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -65.7% | +12.0% | +0.4% |
| 2015 | -60.2% | -24.3% | +22.7% |
| 2014 | +59.6% | -18.1% | +52.1% |
| 2013 | +58.0% | +9.8% | +47.3% |
| 2012 | -44.0% | +0.4% | +25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Community Area Resource Enterprise with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Community Area Resource Enterprise allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $246K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.0%.
Executive Compensation Analysis
No officer compensation was reported across all available filings, suggesting either a volunteer-led organization or that executive compensation is not a significant expense, which is positive for resource allocation.
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 Community Area Resource Enterprise's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
- Significant and unexplained financial discontinuity between historical filings and the latest report.
Strengths
The following positive indicators were identified for Community Area Resource Enterprise:
- Historically strong revenue generation and asset growth prior to the latest filing.
- No officer compensation reported across all available filings, suggesting efficient use of funds for leadership.
Frequently Asked Questions about Community Area Resource Enterprise
Is Community Area Resource Enterprise a legitimate charity?
Community Area Resource Enterprise (EIN: 200870956) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 10/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Community Area Resource Enterprise spend its money?
Community Area Resource Enterprise reported its financials 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 Community Area Resource Enterprise tax-deductible?
Community Area Resource Enterprise is registered as a tax-exempt nonprofit (EIN: 200870956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Area Resource Enterprise compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Community Area Resource Enterprise is below average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Area Resource Enterprise located?
Community Area Resource Enterprise is headquartered in Gallup, New Mexico and files with the IRS under EIN 200870956. It is classified under NTEE code L41.
How many years of IRS 990 filings does Community Area Resource Enterprise have?
Community Area Resource Enterprise 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.
Is Community Area Resource Enterprise still operational?
The latest filing showing $0 in revenue and assets strongly suggests the organization may no longer be operational or has undergone a significant change in its financial reporting structure. Further investigation into their current status is warranted.
What caused the sudden drop to $0 in revenue and assets?
The provided data does not specify the reason for the drastic decline to zero revenue and assets. This could be due to dissolution, merger, or a change in reporting requirements, but without additional information, the cause remains unknown.
How did Community Area Resource Enterprise manage its finances prior to the latest filing?
Historically, CARE demonstrated strong revenue generation, often exceeding expenses, leading to significant asset growth. For example, in 2014, revenue was $4,903,996 against expenses of $1,079,065, and assets grew from $1.3 million in 2010 to over $13 million by 2016.
Filing History
IRS 990 filing history for Community Area Resource Enterprise showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), Community Area Resource Enterprise's revenue has declined by 42.2%, moving from $1.2M to $670K. Total assets increased by 908.5% over the same period, from $1.3M to $13.2M. Total functional expenses rose by 2.5%, from $894K to $916K. In its most recent filing year (2016), Community Area Resource Enterprise reported a deficit of $246K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $13.2M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $670K | $916K | $13.2M | $2.5M | — | View 990 |
| 2015 | $2.0M | $817K | $13.2M | $2.2M | — | View 990 |
| 2014 | $4.9M | $1.1M | $10.7M | $906K | — | View 990 |
| 2013 | $3.1M | $1.3M | $7.1M | $1.1M | — | View 990 |
| 2012 | $1.9M | $1.2M | $4.8M | $538K | — | View 990 |
| 2011 | $3.5M | $1.2M | $3.8M | $772K | — | View 990 |
| 2010 | $1.2M | $894K | $1.3M | $537K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $670K, expenses of $916K, and assets of $13.2M (revenue -65.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $817K, and assets of $13.2M (revenue -60.2% year-over-year).
- 2014: Revenue of $4.9M, expenses of $1.1M, and assets of $10.7M (revenue +59.6% year-over-year).
- 2013: Revenue of $3.1M, expenses of $1.3M, and assets of $7.1M (revenue +58.0% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.2M, and assets of $4.8M (revenue -44.0% year-over-year).
- 2011: Revenue of $3.5M, expenses of $1.2M, and assets of $3.8M (revenue +199.9% year-over-year).
- 2010: Revenue of $1.2M, expenses of $894K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Area Resource Enterprise:
Data Sources and Methodology
This transparency report for Community Area Resource Enterprise 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.