Enchanted Circle Association Of Realtors Inc
EIN: 850324893 · Taos, NM · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $285K |
| Net Assets | $444K |
Is Enchanted Circle Association Of Realtors Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Enchanted Circle Association Of Realtors Inc
Enchanted Circle Association Of Realtors Inc (EIN: 850324893) is a nonprofit organization based in Taos, NM, classified under NTEE code S41. The organization reported total revenue of $312K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enchanted Circle Association Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enchanted Circle Association Of Realtors Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $285K |
| Surplus / Deficit | $-5,517 |
| Total Assets | $495K |
| Total Liabilities | $51K |
| Net Assets | $444K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 20.9 months |
Financial Health Grade: B
In 2023, Enchanted Circle Association Of Realtors Inc reported a deficit of $6K with expenses exceeding revenue, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Enchanted Circle Association Of Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.1% | +0.8% | -1.0% |
| 2022 | -3.9% | +6.4% | +7.5% |
| 2021 | -3.7% | +9.1% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Enchanted Circle Association Of Realtors 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 Enchanted Circle Association Of Realtors 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.3%.
Frequently Asked Questions about Enchanted Circle Association Of Realtors Inc
Is Enchanted Circle Association Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Enchanted Circle Association Of Realtors Inc (EIN: 850324893) insufficient data. 0 red flags identified, 0 strengths noted.
How does Enchanted Circle Association Of Realtors Inc spend its money?
Detailed spending breakdown data is not yet available for Enchanted Circle Association Of Realtors Inc. Check back for updated IRS 990 analysis.
Are donations to Enchanted Circle Association Of Realtors Inc tax-deductible?
Enchanted Circle Association Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 850324893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Enchanted Circle Association Of Realtors Inc located?
Enchanted Circle Association Of Realtors Inc is headquartered in Taos, New Mexico and files with the IRS under EIN 850324893. It is classified under NTEE code S41.
How many years of IRS 990 filings does Enchanted Circle Association Of Realtors Inc have?
Enchanted Circle Association Of Realtors Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $312K in total revenue.
Filing History
IRS 990 filing history for Enchanted Circle Association Of Realtors Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Enchanted Circle Association Of Realtors Inc's revenue has grown by 6.6%, moving from $262K to $279K. Total assets increased by 2.9% over the same period, from $481K to $495K. Total functional expenses rose by 17%, from $243K to $285K. In its most recent filing year (2023), Enchanted Circle Association Of Realtors Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $51K in liabilities against $495K in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $285K | $495K | $51K | — | View 990 |
| 2022 | $242K | $283K | $500K | $50K | — | View 990 |
| 2021 | $252K | $266K | $465K | $11K | — | View 990 |
| 2020 | $262K | $243K | $481K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $285K, and assets of $495K (revenue +15.1% year-over-year).
- 2022: Revenue of $242K, expenses of $283K, and assets of $500K (revenue -3.9% year-over-year).
- 2021: Revenue of $252K, expenses of $266K, and assets of $465K (revenue -3.7% year-over-year).
- 2020: Revenue of $262K, expenses of $243K, and assets of $481K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enchanted Circle Association Of Realtors Inc:
Data Sources and Methodology
This transparency report for Enchanted Circle Association Of Realtors 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.