Hobbs Hispano Chamber Of Commerce Inc
Hobbs Hispano Chamber Of Commerce consistently operates with stable assets and no reported officer compensation, though recent years show slight operating deficits.
EIN: 202509041 · Hobbs, NM · NTEE: S41 · Updated: 2026-03-28
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Hobbs Hispano Chamber Of Commerce Inc is mapped to EIN 202509041.
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13 stored filing years available.
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80% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $134K |
| Program Spending | 80% |
| Net Assets | $156K |
| Transparency Score | 75/100 |
Search Intent Cockpit
Hobbs Hispano Chamber Of Commerce Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hobbs Hispano Chamber Of Commerce Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hobbs Hispano Chamber Of Commerce Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $127K and expenses of $134K.
Revenue and Expenses
Hobbs Hispano Chamber Of Commerce Inc reported $127K in revenue and $134K in expenses, a deficit of $6K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Hobbs Hispano Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $107K (80%) |
Across stored filings, Hobbs Hispano Chamber Of Commerce Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Stevan & Cynthia Pearce Charitable Foundation | New Mexico and Community Improvement context |
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Hobbs, NM nonprofitsCommunity Improvement in New Mexico
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Hobbs Hispano Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hobbs Hispano Chamber Of Commerce Inc
Hobbs Hispano Chamber Of Commerce Inc (EIN: 202509041) is a nonprofit organization based in Hobbs, NM, classified under NTEE code S41. The organization reported total revenue of $178K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hobbs Hispano Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hobbs Hispano Chamber Of Commerce Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $134K |
| Surplus / Deficit | $-6,281 |
| Total Assets | $157K |
| Total Liabilities | $974 |
| Net Assets | $156K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 14.1 months |
Financial Health Grade: B
In 2023, Hobbs Hispano Chamber Of Commerce Inc reported a deficit of $6K with expenses exceeding revenue, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hobbs Hispano Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | +14.5% | -7.0% |
| 2022 | -6.8% | -10.5% | -8.6% |
| 2021 | -21.2% | +17.9% | -11.2% |
| 2020 | +38.1% | +0.0% | +28.6% |
| 2019 | -13.2% | -1.8% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Hobbs Hispano Chamber Of Commerce Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hobbs Hispano Chamber Of Commerce Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size.
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 Hobbs Hispano Chamber Of Commerce Inc's IRS 990 filings:
- Recent trend of expenses exceeding revenue (e.g., $133,735 expenses vs. $127,454 revenue in 202312), which could deplete assets over time.
Strengths
The following positive indicators were identified for Hobbs Hispano Chamber Of Commerce Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive pay.
- Stable asset base (e.g., $157,430 in 202312) relative to its operational size, suggesting financial resilience.
- Low liabilities across most filing periods, indicating responsible debt management.
- Long filing history (13 filings) demonstrates consistent operation and compliance.
Frequently Asked Questions about Hobbs Hispano Chamber Of Commerce Inc
Is Hobbs Hispano Chamber Of Commerce Inc a legitimate charity?
Hobbs Hispano Chamber Of Commerce Inc (EIN: 202509041) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $178K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Hobbs Hispano Chamber Of Commerce Inc spend its money?
Hobbs Hispano Chamber Of Commerce Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hobbs Hispano Chamber Of Commerce Inc tax-deductible?
Hobbs Hispano Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 202509041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hobbs Hispano Chamber Of Commerce Inc's spending goes to programs?
Hobbs Hispano Chamber Of Commerce Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hobbs Hispano Chamber Of Commerce Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hobbs Hispano Chamber Of Commerce Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hobbs Hispano Chamber Of Commerce Inc located?
Hobbs Hispano Chamber Of Commerce Inc is headquartered in Hobbs, New Mexico and files with the IRS under EIN 202509041. It is classified under NTEE code S41.
How many years of IRS 990 filings does Hobbs Hispano Chamber Of Commerce Inc have?
Hobbs Hispano Chamber Of Commerce Inc 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 $178K in total revenue.
Is Hobbs Hispano Chamber Of Commerce Inc. financially stable?
Yes, the organization generally maintains a stable asset base (e.g., $157,430 in 202312) and low liabilities, indicating financial stability despite recent small operating deficits.
Does the organization pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, suggesting a volunteer-led or very lean administrative structure.
Has the organization's revenue been growing?
Revenue has fluctuated, with the latest reported revenue of $127,454 in 202312 being lower than the $143,941 reported in 202012, but generally staying within a similar range over the past decade.
Are expenses consistently higher than revenue?
In the most recent three periods (202312, 202212, 202112), expenses have slightly exceeded revenue, such as $133,735 in expenses versus $127,454 in revenue for 202312. However, in earlier years (e.g., 202012, 201812), revenue exceeded expenses.
Filing History
IRS 990 filing history for Hobbs Hispano Chamber Of Commerce Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hobbs Hispano Chamber Of Commerce Inc's revenue has grown by 35.3%, moving from $94K to $127K. Total assets decreased by 8.3% over the same period, from $172K to $157K. Total functional expenses rose by 38.9%, from $96K to $134K. In its most recent filing year (2023), Hobbs Hispano Chamber Of Commerce Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $974 in liabilities against $157K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $134K | $157K | $974 | — | — |
| 2022 | $106K | $117K | $169K | $6K | — | View 990 |
| 2021 | $113K | $131K | $185K | $10K | — | View 990 |
| 2020 | $144K | $111K | $209K | $17K | — | — |
| 2019 | $104K | $111K | $162K | $3K | — | View 990 |
| 2018 | $120K | $113K | $168K | $3K | — | View 990 |
| 2017 | $127K | $117K | $159K | $0 | — | View 990 |
| 2016 | $102K | $85K | $152K | $3K | — | View 990 |
| 2015 | $108K | $93K | $137K | $6K | — | View 990 |
| 2014 | $110K | $85K | $117K | $2K | — | View 990 |
| 2013 | $84K | $89K | $95K | $5K | — | View 990 |
| 2012 | $106K | $109K | $178K | $9K | — | View 990 |
| 2011 | $94K | $96K | $172K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $134K, and assets of $157K (revenue +20.5% year-over-year).
- 2022: Revenue of $106K, expenses of $117K, and assets of $169K (revenue -6.8% year-over-year).
- 2021: Revenue of $113K, expenses of $131K, and assets of $185K (revenue -21.2% year-over-year).
- 2020: Revenue of $144K, expenses of $111K, and assets of $209K (revenue +38.1% year-over-year).
- 2019: Revenue of $104K, expenses of $111K, and assets of $162K (revenue -13.2% year-over-year).
- 2018: Revenue of $120K, expenses of $113K, and assets of $168K (revenue -5.2% year-over-year).
- 2017: Revenue of $127K, expenses of $117K, and assets of $159K (revenue +24.3% year-over-year).
- 2016: Revenue of $102K, expenses of $85K, and assets of $152K (revenue -6.1% year-over-year).
- 2015: Revenue of $108K, expenses of $93K, and assets of $137K (revenue -1.0% year-over-year).
- 2014: Revenue of $110K, expenses of $85K, and assets of $117K (revenue +30.5% year-over-year).
- 2013: Revenue of $84K, expenses of $89K, and assets of $95K (revenue -20.5% year-over-year).
- 2012: Revenue of $106K, expenses of $109K, and assets of $178K (revenue +12.1% year-over-year).
- 2011: Revenue of $94K, expenses of $96K, and assets of $172K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hobbs Hispano Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Hobbs Hispano Chamber Of Commerce 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.