Deming Luna County Economic
EIN: 471769110 · Deming, NM · NTEE: B01
Is Deming Luna County Economic Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Deming Luna County Economic
Deming Luna County Economic (EIN: 471769110) is a nonprofit organization based in Deming, NM, classified under NTEE code B01. The organization reported total revenue of $87K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deming Luna County Economic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Deming Luna County Economic 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 Deming Luna County Economic 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.
Frequently Asked Questions about Deming Luna County Economic
Is Deming Luna County Economic a legitimate charity?
Based on AI analysis of IRS 990 filings, Deming Luna County Economic (EIN: 471769110) insufficient data. 0 red flags identified, 0 strengths noted.
How does Deming Luna County Economic spend its money?
Detailed spending breakdown data is not yet available for Deming Luna County Economic. Check back for updated IRS 990 analysis.
Are donations to Deming Luna County Economic tax-deductible?
Deming Luna County Economic is registered as a tax-exempt nonprofit (EIN: 471769110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Deming Luna County Economic showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Deming Luna County Economic's revenue has grown by 6049.3%, moving from $6K to $343K. Total assets decreased by 50.1% over the same period, from $56K to $28K. Total functional expenses rose by 2717.6%, from $12K to $341K. In its most recent filing year (2023), Deming Luna County Economic reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $341K | $28K | $0 | — | — |
| 2022 | $665K | $662K | $63K | $36K | — | — |
| 2021 | $8K | $8K | $23K | $0 | — | View 990 |
| 2020 | $256K | $290K | $23K | $0 | — | View 990 |
| 2019 | $72K | $67K | $58K | $866 | — | View 990 |
| 2018 | $32K | $49K | $51K | $0 | — | View 990 |
| 2017 | $44K | $32K | $68K | $0 | — | View 990 |
| 2016 | $6K | $12K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $341K, and assets of $28K (revenue -48.4% year-over-year).
- 2022: Revenue of $665K, expenses of $662K, and assets of $63K (revenue +8239.7% year-over-year).
- 2021: Revenue of $8K, expenses of $8K, and assets of $23K (revenue -96.9% year-over-year).
- 2020: Revenue of $256K, expenses of $290K, and assets of $23K (revenue +253.2% year-over-year).
- 2019: Revenue of $72K, expenses of $67K, and assets of $58K (revenue +125.7% year-over-year).
- 2018: Revenue of $32K, expenses of $49K, and assets of $51K (revenue -27.2% year-over-year).
- 2017: Revenue of $44K, expenses of $32K, and assets of $68K (revenue +688.3% year-over-year).
- 2016: Revenue of $6K, expenses of $12K, and assets of $56K.
Data Sources and Methodology
This transparency report for Deming Luna County Economic 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.