Health Action New Mexico
EIN: 850481860 · Albuquerque, NM · NTEE: E01
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $406K |
| Net Assets | $-37,025 |
Is Health Action New Mexico Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Action New Mexico
Health Action New Mexico (EIN: 850481860) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code E01. The organization reported total revenue of $871K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Action New Mexico's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Action New Mexico is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $406K |
| Surplus / Deficit | $-174,480 |
| Total Assets | $14K |
| Total Liabilities | $51K |
| Net Assets | $-37,025 |
| Operating Margin | -75.2% |
| Debt-to-Asset Ratio | 369.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Health Action New Mexico reported a deficit of $174K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 369.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health Action New Mexico's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.2% | -22.4% | -94.9% |
| 2022 | -35.4% | +13.4% | -12.5% |
| 2021 | +94.4% | +49.8% | +77.2% |
| 2020 | +23.3% | +2.6% | +14.1% |
| 2019 | -20.4% | +10.0% | -26.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Action New Mexico 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 Health Action New Mexico 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 $174K, with expenses exceeding revenue.
- Debt-to-asset ratio: 369.6%.
Frequently Asked Questions about Health Action New Mexico
Is Health Action New Mexico a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Action New Mexico (EIN: 850481860) insufficient data. 0 red flags identified, 0 strengths noted.
How does Health Action New Mexico spend its money?
Detailed spending breakdown data is not yet available for Health Action New Mexico. Check back for updated IRS 990 analysis.
Are donations to Health Action New Mexico tax-deductible?
Health Action New Mexico is registered as a tax-exempt nonprofit (EIN: 850481860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Action New Mexico located?
Health Action New Mexico is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850481860. It is classified under NTEE code E01.
How many years of IRS 990 filings does Health Action New Mexico have?
Health Action New Mexico has 13 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 $871K in total revenue.
Filing History
IRS 990 filing history for Health Action New Mexico showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Action New Mexico's revenue has declined by 60.3%, moving from $584K to $232K. Total assets decreased by 96.2% over the same period, from $366K to $14K. Total functional expenses rose by 22.8%, from $331K to $406K. In its most recent filing year (2023), Health Action New Mexico reported a deficit of $174K, with expenses exceeding revenue. The organization holds $51K in liabilities against $14K in assets (debt-to-asset ratio: 369.6%), resulting in net assets of $-37,025.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $406K | $14K | $51K | — | — |
| 2022 | $382K | $523K | $267K | $128K | — | View 990 |
| 2021 | $591K | $462K | $305K | $27K | — | View 990 |
| 2020 | $304K | $308K | $172K | $50K | — | — |
| 2019 | $246K | $300K | $151K | $25K | — | View 990 |
| 2018 | $310K | $273K | $206K | $26K | — | View 990 |
| 2017 | $330K | $231K | $165K | $21K | — | View 990 |
| 2016 | $298K | $530K | $72K | $28K | — | View 990 |
| 2015 | $626K | $644K | $324K | $48K | — | View 990 |
| 2014 | $554K | $648K | $321K | $28K | — | View 990 |
| 2013 | $647K | $624K | $403K | $16K | — | View 990 |
| 2012 | $488K | $485K | $379K | $15K | — | View 990 |
| 2011 | $584K | $331K | $366K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $406K, and assets of $14K (revenue -39.2% year-over-year).
- 2022: Revenue of $382K, expenses of $523K, and assets of $267K (revenue -35.4% year-over-year).
- 2021: Revenue of $591K, expenses of $462K, and assets of $305K (revenue +94.4% year-over-year).
- 2020: Revenue of $304K, expenses of $308K, and assets of $172K (revenue +23.3% year-over-year).
- 2019: Revenue of $246K, expenses of $300K, and assets of $151K (revenue -20.4% year-over-year).
- 2018: Revenue of $310K, expenses of $273K, and assets of $206K (revenue -6.1% year-over-year).
- 2017: Revenue of $330K, expenses of $231K, and assets of $165K (revenue +10.7% year-over-year).
- 2016: Revenue of $298K, expenses of $530K, and assets of $72K (revenue -52.5% year-over-year).
- 2015: Revenue of $626K, expenses of $644K, and assets of $324K (revenue +13.0% year-over-year).
- 2014: Revenue of $554K, expenses of $648K, and assets of $321K (revenue -14.3% year-over-year).
- 2013: Revenue of $647K, expenses of $624K, and assets of $403K (revenue +32.5% year-over-year).
- 2012: Revenue of $488K, expenses of $485K, and assets of $379K (revenue -16.4% year-over-year).
- 2011: Revenue of $584K, expenses of $331K, and assets of $366K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Action New Mexico:
Data Sources and Methodology
This transparency report for Health Action New Mexico 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.