Del Norte Lov Foundation
EIN: 824777209 · Santa Fe, NM · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $580K |
| Total Expenses | $348K |
| Net Assets | $135K |
Is Del Norte Lov Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Del Norte Lov Foundation
Del Norte Lov Foundation (EIN: 824777209) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code T21. The organization reported total revenue of $580K and total assets of $251K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Del Norte Lov Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Del Norte Lov Foundation is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $348K |
| Surplus / Deficit | +$3K |
| Total Assets | $135K |
| Total Liabilities | $553 |
| Net Assets | $135K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Del Norte Lov Foundation reported a surplus of $3K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +143.1% | +167.3% | -5.9% |
| 2022 | +48.3% | -9.6% | +22.1% |
| 2021 | +23.0% | +6710.2% | -28.5% |
| 2020 | -9.5% | — | +88.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Del Norte Lov 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 Del Norte Lov 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Del Norte Lov Foundation
Is Del Norte Lov Foundation a legitimate charity?
Del Norte Lov Foundation (EIN: 824777209) is a registered tax-exempt nonprofit based in New Mexico. It has 7 years of IRS 990 filings on record. Total revenue: $580K. No red flags identified. Financial health grade: A.
How does Del Norte Lov Foundation spend its money?
Del Norte Lov Foundation reported $580K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Del Norte Lov Foundation tax-deductible?
Del Norte Lov Foundation is registered as a tax-exempt nonprofit (EIN: 824777209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Del Norte Lov Foundation located?
Del Norte Lov Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 824777209. It is classified under NTEE code T21.
How many years of IRS 990 filings does Del Norte Lov Foundation have?
Del Norte Lov Foundation 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 $580K in total revenue.
Filing History
IRS 990 filing history for Del Norte Lov Foundation showing financial trends over 7 years of public records:
Total assets increased by 13519700% over the same period, from $1 to $135K. In its most recent filing year (2023), Del Norte Lov Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $553 in liabilities against $135K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $348K | $135K | $553 | — | — |
| 2022 | $144K | $130K | $144K | $12K | — | View 990 |
| 2021 | $97K | $144K | $118K | $0 | — | View 990 |
| 2020 | $79K | $2K | $165K | $0 | — | — |
| 2019 | $88K | $0 | $88K | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $348K, and assets of $135K (revenue +143.1% year-over-year).
- 2022: Revenue of $144K, expenses of $130K, and assets of $144K (revenue +48.3% year-over-year).
- 2021: Revenue of $97K, expenses of $144K, and assets of $118K (revenue +23.0% year-over-year).
- 2020: Revenue of $79K, expenses of $2K, and assets of $165K (revenue -9.5% year-over-year).
- 2019: Revenue of $88K, expenses of $0, and assets of $88K.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Del Norte Lov Foundation:
Data Sources and Methodology
This transparency report for Del Norte Lov 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.