La Plaza De Encuentro Gathering Place
EIN: 272016727 · Albuquerque, NM · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Net Assets | $1.2M |
Is La Plaza De Encuentro Gathering Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About La Plaza De Encuentro Gathering Place
La Plaza De Encuentro Gathering Place (EIN: 272016727) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code P84. The organization reported total revenue of $1.5M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Plaza De Encuentro Gathering Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Plaza De Encuentro Gathering Place is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-91,374 |
| Total Assets | $2.0M |
| Total Liabilities | $816K |
| Net Assets | $1.2M |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 18.4 months |
Financial Health Grade: B
In 2023, La Plaza De Encuentro Gathering Place reported a deficit of $91K with expenses exceeding revenue, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), La Plaza De Encuentro Gathering Place's revenue has grown at a compound annual growth rate (CAGR) of 33.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.8% | +17.3% | -3.9% |
| 2022 | +61.2% | +9.8% | +211.5% |
| 2021 | -7.5% | +10.8% | -4.3% |
| 2020 | +191.4% | +32.0% | +115.0% |
| 2019 | +44.2% | +11.1% | -46.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for La Plaza De Encuentro Gathering Place 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 La Plaza De Encuentro Gathering Place 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 $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Frequently Asked Questions about La Plaza De Encuentro Gathering Place
Is La Plaza De Encuentro Gathering Place a legitimate charity?
Based on AI analysis of IRS 990 filings, La Plaza De Encuentro Gathering Place (EIN: 272016727) insufficient data. 0 red flags identified, 0 strengths noted.
How does La Plaza De Encuentro Gathering Place spend its money?
Detailed spending breakdown data is not yet available for La Plaza De Encuentro Gathering Place. Check back for updated IRS 990 analysis.
Are donations to La Plaza De Encuentro Gathering Place tax-deductible?
La Plaza De Encuentro Gathering Place is registered as a tax-exempt nonprofit (EIN: 272016727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Plaza De Encuentro Gathering Place located?
La Plaza De Encuentro Gathering Place is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 272016727. It is classified under NTEE code P84.
How many years of IRS 990 filings does La Plaza De Encuentro Gathering Place have?
La Plaza De Encuentro Gathering Place 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for La Plaza De Encuentro Gathering Place showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), La Plaza De Encuentro Gathering Place's revenue has grown by 3033.6%, moving from $38K to $1.2M. Total assets increased by 5334.7% over the same period, from $36K to $2.0M. Total functional expenses rose by 243.6%, from $374K to $1.3M. In its most recent filing year (2023), La Plaza De Encuentro Gathering Place reported a deficit of $91K, with expenses exceeding revenue. The organization holds $816K in liabilities against $2.0M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $2.0M | $816K | — | View 990 |
| 2022 | $1.7M | $1.1M | $2.0M | $804K | — | View 990 |
| 2021 | $1.1M | $997K | $658K | $42K | — | View 990 |
| 2020 | $1.2M | $900K | $687K | $144K | — | View 990 |
| 2019 | $397K | $682K | $320K | $33K | — | View 990 |
| 2018 | $275K | $614K | $594K | $22K | — | View 990 |
| 2017 | $448K | $624K | $929K | $18K | — | View 990 |
| 2016 | $1.2M | $561K | $1.1M | $16K | — | View 990 |
| 2015 | $346K | $460K | $491K | $20K | — | View 990 |
| 2014 | $778K | $558K | $622K | $38K | — | View 990 |
| 2013 | $313K | $556K | $401K | $37K | — | View 990 |
| 2012 | $1.1M | $498K | $669K | $63K | — | View 990 |
| 2011 | $38K | $374K | $36K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $2.0M (revenue -30.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.1M, and assets of $2.0M (revenue +61.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $997K, and assets of $658K (revenue -7.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $900K, and assets of $687K (revenue +191.4% year-over-year).
- 2019: Revenue of $397K, expenses of $682K, and assets of $320K (revenue +44.2% year-over-year).
- 2018: Revenue of $275K, expenses of $614K, and assets of $594K (revenue -38.6% year-over-year).
- 2017: Revenue of $448K, expenses of $624K, and assets of $929K (revenue -61.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $561K, and assets of $1.1M (revenue +239.8% year-over-year).
- 2015: Revenue of $346K, expenses of $460K, and assets of $491K (revenue -55.5% year-over-year).
- 2014: Revenue of $778K, expenses of $558K, and assets of $622K (revenue +148.2% year-over-year).
- 2013: Revenue of $313K, expenses of $556K, and assets of $401K (revenue -70.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $498K, and assets of $669K (revenue +2726.5% year-over-year).
- 2011: Revenue of $38K, expenses of $374K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Plaza De Encuentro Gathering Place:
Data Sources and Methodology
This transparency report for La Plaza De Encuentro Gathering Place 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.