Eunice Community Foundation
Eunice Community Foundation consistently grows assets with minimal expenses and no officer compensation.
EIN: 204187768 · Eunice, NM · NTEE: W12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11 |
| Total Expenses | $16K |
| Program Spending | 90% |
| Net Assets | $935K |
| Transparency Score | 95/100 |
Is Eunice Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eunice Community Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eunice Community Foundation
Eunice Community Foundation (EIN: 204187768) is a nonprofit organization based in Eunice, NM, classified under NTEE code W12. The organization reported total revenue of $11 and total assets of $628K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eunice Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eunice Community Foundation is a micro nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $16K |
| Surplus / Deficit | +$184K |
| Total Assets | $935K |
| Total Liabilities | $1 |
| Net Assets | $935K |
| Operating Margin | 91.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 691.6 months |
Financial Health Grade: A
In 2023, Eunice Community Foundation reported a surplus of $184K with revenue exceeding expenses, holds 691.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Eunice Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +84.5% | +24.5% |
| 2022 | +-0.0% | -95.1% | +34.1% |
| 2021 | +33.3% | +315.3% | +3.5% |
| 2020 | -25.0% | +64.0% | +24.5% |
| 2019 | -33.3% | -84.9% | +144.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eunice Community Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Eunice Community Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $184K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence and 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 Eunice Community Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though overall expenses are low)
Strengths
The following positive indicators were identified for Eunice Community Foundation:
- Consistent asset growth (from $6,000 in 2012 to $935,232 in 2023)
- Extremely low expenses relative to revenue (e.g., $16,228 expenses on $200,000 revenue in 2023)
- No reported officer compensation across all filings
- Consistent IRS 990 filing history (11 filings)
- Minimal liabilities ($1 reported consistently)
Frequently Asked Questions about Eunice Community Foundation
Is Eunice Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Eunice Community Foundation (EIN: 204187768) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Eunice Community Foundation spend its money?
Eunice Community Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eunice Community Foundation tax-deductible?
Eunice Community Foundation is registered as a tax-exempt nonprofit (EIN: 204187768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Eunice Community Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Eunice Community Foundation is above average for NTEE category W12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eunice Community Foundation located?
Eunice Community Foundation is headquartered in Eunice, New Mexico and files with the IRS under EIN 204187768. It is classified under NTEE code W12.
How many years of IRS 990 filings does Eunice Community Foundation have?
Eunice Community Foundation has 11 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 $11 in total revenue.
Is Eunice Community Foundation a good charity?
Based on its financial data, the Eunice Community Foundation appears to be a very good charity. It consistently grows its assets, maintains extremely low expenses relative to revenue (e.g., $16,228 expenses on $200,000 revenue in 2023), and reports no officer compensation, suggesting a highly efficient and volunteer-driven model focused on long-term community benefit.
How does the foundation manage its expenses?
The foundation manages its expenses exceptionally well, consistently reporting very low expenditures compared to its revenue. For instance, in 2023, expenses were only $16,228 against $200,000 in revenue, indicating a strong focus on retaining funds for asset growth or future programming rather than high operational costs.
What is the trend in the foundation's assets?
The foundation shows a strong upward trend in assets, growing from $6,000 in 2012 to $935,232 in 2023. This consistent growth demonstrates effective financial management and a focus on building long-term capacity for its mission.
Filing History
IRS 990 filing history for Eunice Community Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Eunice Community Foundation's revenue has grown by 185.7%, moving from $70K to $200K. Total assets increased by 2271.8% over the same period, from $39K to $935K. Total functional expenses fell by 77.7%, from $73K to $16K. In its most recent filing year (2023), Eunice Community Foundation reported a surplus of $184K, with revenue exceeding expenses. The organization holds $1 in liabilities against $935K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $935K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $16K | $935K | $1 | — | View 990 |
| 2022 | $200K | $9K | $751K | $1 | — | View 990 |
| 2021 | $200K | $181K | $560K | $1 | — | View 990 |
| 2020 | $150K | $44K | $541K | $1 | — | View 990 |
| 2019 | $200K | $27K | $435K | $1 | — | View 990 |
| 2015 | $300K | $176K | $178K | $1 | — | View 990 |
| 2014 | $270K | $242K | $54K | $1 | — | View 990 |
| 2013 | $235K | $215K | $26K | $1 | — | View 990 |
| 2012 | $138K | $167K | $6K | $1 | — | View 990 |
| 2011 | $125K | $129K | $36K | $1 | — | View 990 |
| 2010 | $70K | $73K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $16K, and assets of $935K (revenue +0.0% year-over-year).
- 2022: Revenue of $200K, expenses of $9K, and assets of $751K (revenue +-0.0% year-over-year).
- 2021: Revenue of $200K, expenses of $181K, and assets of $560K (revenue +33.3% year-over-year).
- 2020: Revenue of $150K, expenses of $44K, and assets of $541K (revenue -25.0% year-over-year).
- 2019: Revenue of $200K, expenses of $27K, and assets of $435K (revenue -33.3% year-over-year).
- 2015: Revenue of $300K, expenses of $176K, and assets of $178K (revenue +11.1% year-over-year).
- 2014: Revenue of $270K, expenses of $242K, and assets of $54K (revenue +14.9% year-over-year).
- 2013: Revenue of $235K, expenses of $215K, and assets of $26K (revenue +70.5% year-over-year).
- 2012: Revenue of $138K, expenses of $167K, and assets of $6K (revenue +9.9% year-over-year).
- 2011: Revenue of $125K, expenses of $129K, and assets of $36K (revenue +79.2% year-over-year).
- 2010: Revenue of $70K, expenses of $73K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eunice Community Foundation:
Data Sources and Methodology
This transparency report for Eunice Community 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.