Hatch Chile Association
EIN: 462058553 · Hatch, NM · NTEE: S32
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $44K |
| Net Assets | $84K |
Is Hatch Chile Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hatch Chile Association
Hatch Chile Association (EIN: 462058553) is a nonprofit organization based in Hatch, NM, classified under NTEE code S32. The organization reported total revenue of $26K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hatch Chile Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hatch Chile Association is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $44K |
| Surplus / Deficit | $-12,972 |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | -42.0% |
| Months of Reserves | 23.1 months |
Financial Health Grade: B
In 2023, Hatch Chile Association reported a deficit of $13K with expenses exceeding revenue, holds 23.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Hatch Chile Association's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.7% | +16.0% | -13.3% |
| 2022 | +30.5% | +10.7% | +4.6% |
| 2021 | +37.7% | -16.5% | -2.0% |
| 2020 | -33.0% | +341.6% | -16.5% |
| 2019 | -2.1% | +39.5% | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hatch Chile Association 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 Hatch Chile Association 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 $13K, with expenses exceeding revenue.
Frequently Asked Questions about Hatch Chile Association
Is Hatch Chile Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hatch Chile Association (EIN: 462058553) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hatch Chile Association spend its money?
Detailed spending breakdown data is not yet available for Hatch Chile Association. Check back for updated IRS 990 analysis.
Are donations to Hatch Chile Association tax-deductible?
Hatch Chile Association is registered as a tax-exempt nonprofit (EIN: 462058553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hatch Chile Association located?
Hatch Chile Association is headquartered in Hatch, New Mexico and files with the IRS under EIN 462058553. It is classified under NTEE code S32.
How many years of IRS 990 filings does Hatch Chile Association have?
Hatch Chile Association has 10 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 $26K in total revenue.
Filing History
IRS 990 filing history for Hatch Chile Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Hatch Chile Association's revenue has grown by 24.8%, moving from $25K to $31K. Total assets increased by 265.3% over the same period, from $23K to $84K. Total functional expenses rose by 352.1%, from $10K to $44K. In its most recent filing year (2023), Hatch Chile Association reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $44K | $84K | $0 | — | — |
| 2022 | $42K | $38K | $97K | $0 | — | View 990 |
| 2021 | $32K | $34K | $93K | $0 | — | — |
| 2020 | $23K | $41K | $95K | $0 | — | — |
| 2019 | $35K | $9K | $114K | $1K | — | View 990 |
| 2018 | $36K | $7K | $87K | $0 | — | View 990 |
| 2017 | $25K | $5K | $58K | $0 | — | View 990 |
| 2016 | $63K | $58K | $37K | $0 | — | View 990 |
| 2015 | $32K | $23K | $32K | $0 | — | View 990 |
| 2014 | $25K | $10K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $44K, and assets of $84K (revenue -26.7% year-over-year).
- 2022: Revenue of $42K, expenses of $38K, and assets of $97K (revenue +30.5% year-over-year).
- 2021: Revenue of $32K, expenses of $34K, and assets of $93K (revenue +37.7% year-over-year).
- 2020: Revenue of $23K, expenses of $41K, and assets of $95K (revenue -33.0% year-over-year).
- 2019: Revenue of $35K, expenses of $9K, and assets of $114K (revenue -2.1% year-over-year).
- 2018: Revenue of $36K, expenses of $7K, and assets of $87K (revenue +41.8% year-over-year).
- 2017: Revenue of $25K, expenses of $5K, and assets of $58K (revenue -59.8% year-over-year).
- 2016: Revenue of $63K, expenses of $58K, and assets of $37K (revenue +93.2% year-over-year).
- 2015: Revenue of $32K, expenses of $23K, and assets of $32K (revenue +31.0% year-over-year).
- 2014: Revenue of $25K, expenses of $10K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hatch Chile Association:
Data Sources and Methodology
This transparency report for Hatch Chile Association 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.