Komes Foundation
EIN: 941611406 · Albuquerque, NM
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $181K |
| Net Assets | $3.0M |
Search Intent Cockpit
Komes Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Komes Foundation 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 Komes Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $542K and expenses of $181K.
Revenue and Expenses
Komes Foundation reported $542K in revenue and $181K in expenses, a surplus of $360K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Komes Foundation Legit?
Insufficient Data
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
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Komes Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Stevan & Cynthia Pearce Charitable Foundation | New Mexico and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Stevan & Cynthia Pearce Charitable Foundation →All New Mexico nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Albuquerque, NM nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Stevan & Cynthia Pearce Charitable Foundation.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
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Keep the Investigation Moving
About Komes Foundation
Komes Foundation (EIN: 941611406) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $1.0M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Komes Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Komes Foundation is a mid-size nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $181K |
| Surplus / Deficit | +$360K |
| Total Assets | $3.0M |
| Total Liabilities | $651 |
| Net Assets | $3.0M |
| Operating Margin | 66.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 199.7 months |
Financial Health Grade: A
In 2023, Komes Foundation reported a surplus of $360K with revenue exceeding expenses, holds 199.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Komes Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +449.3% | -9.5% | +13.9% |
| 2022 | -83.3% | +9.7% | -3.7% |
| 2021 | +1179.5% | +1.8% | +17.3% |
| 2020 | -61.8% | -0.4% | -5.4% |
| 2019 | +21.9% | -8.5% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Komes Foundation 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 Komes Foundation 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 surplus of $360K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Komes Foundation
Is Komes Foundation a legitimate charity?
Komes Foundation (EIN: 941611406) is a registered tax-exempt nonprofit based in New Mexico. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does Komes Foundation spend its money?
Komes Foundation reported $1.0M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Komes Foundation tax-deductible?
Komes Foundation is registered as a tax-exempt nonprofit (EIN: 941611406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Komes Foundation located?
Komes Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 941611406.
How many years of IRS 990 filings does Komes Foundation have?
Komes Foundation 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Komes Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Komes Foundation's revenue has grown by 752.2%, moving from $64K to $542K. Total assets increased by 11.5% over the same period, from $2.7M to $3.0M. Total functional expenses rose by 16.6%, from $155K to $181K. In its most recent filing year (2023), Komes Foundation reported a surplus of $360K, with revenue exceeding expenses. The organization holds $651 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $181K | $3.0M | $651 | — | View 990 |
| 2022 | $99K | $200K | $2.6M | $1 | — | View 990 |
| 2021 | $590K | $183K | $2.8M | $1 | — | View 990 |
| 2020 | $46K | $179K | $2.3M | $1 | — | View 990 |
| 2019 | $121K | $180K | $2.5M | $0 | — | View 990 |
| 2015 | $99K | $197K | $2.4M | $0 | — | View 990 |
| 2014 | $165K | $190K | $2.5M | $0 | — | View 990 |
| 2013 | $59K | $161K | $2.6M | $45K | — | View 990 |
| 2012 | $96K | $191K | $2.6M | $0 | — | View 990 |
| 2011 | $64K | $155K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $181K, and assets of $3.0M (revenue +449.3% year-over-year).
- 2022: Revenue of $99K, expenses of $200K, and assets of $2.6M (revenue -83.3% year-over-year).
- 2021: Revenue of $590K, expenses of $183K, and assets of $2.8M (revenue +1179.5% year-over-year).
- 2020: Revenue of $46K, expenses of $179K, and assets of $2.3M (revenue -61.8% year-over-year).
- 2019: Revenue of $121K, expenses of $180K, and assets of $2.5M (revenue +21.9% year-over-year).
- 2015: Revenue of $99K, expenses of $197K, and assets of $2.4M (revenue -40.1% year-over-year).
- 2014: Revenue of $165K, expenses of $190K, and assets of $2.5M (revenue +179.5% year-over-year).
- 2013: Revenue of $59K, expenses of $161K, and assets of $2.6M (revenue -38.1% year-over-year).
- 2012: Revenue of $96K, expenses of $191K, and assets of $2.6M (revenue +50.3% year-over-year).
- 2011: Revenue of $64K, expenses of $155K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Komes Foundation:
Data Sources and Methodology
This transparency report for Komes 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.