Limina Foundation
EIN: 364856465 · Santa Fe, NM · NTEE: Q20
| Metric | Value |
|---|---|
| Total Revenue | $250K |
| Total Expenses | $140K |
| Net Assets | $14K |
Is Limina Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Limina Foundation
Limina Foundation (EIN: 364856465) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code Q20. The organization reported total revenue of $250K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Limina Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Limina Foundation is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $140K |
| Surplus / Deficit | $-16,621 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -13.5% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Limina Foundation reported a deficit of $17K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2017–2023), Limina Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +715.7% | +100.1% | -52.1% |
| 2022 | -86.9% | -34.3% | -66.3% |
| 2021 | +173.4% | +41.6% | +23.3% |
| 2019 | +40.7% | +15.8% | -32.5% |
| 2018 | -80.8% | +219.8% | -25.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Limina 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 Limina 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 deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Limina Foundation
Is Limina Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Limina Foundation (EIN: 364856465) insufficient data. 0 red flags identified, 0 strengths noted.
How does Limina Foundation spend its money?
Detailed spending breakdown data is not yet available for Limina Foundation. Check back for updated IRS 990 analysis.
Are donations to Limina Foundation tax-deductible?
Limina Foundation is registered as a tax-exempt nonprofit (EIN: 364856465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Limina Foundation located?
Limina Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 364856465. It is classified under NTEE code Q20.
How many years of IRS 990 filings does Limina Foundation have?
Limina Foundation has 6 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 $250K in total revenue.
Filing History
IRS 990 filing history for Limina Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Limina Foundation's revenue has declined by 21.2%, moving from $156K to $123K. Total assets decreased by 90% over the same period, from $136K to $14K. Total functional expenses rose by 589.1%, from $20K to $140K. In its most recent filing year (2023), Limina Foundation reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $140K | $14K | $0 | — | — |
| 2022 | $15K | $70K | $28K | $0 | — | View 990 |
| 2021 | $115K | $106K | $84K | $0 | — | View 990 |
| 2019 | $42K | $75K | $68K | $0 | — | View 990 |
| 2018 | $30K | $65K | $101K | $0 | — | View 990 |
| 2017 | $156K | $20K | $136K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $140K, and assets of $14K (revenue +715.7% year-over-year).
- 2022: Revenue of $15K, expenses of $70K, and assets of $28K (revenue -86.9% year-over-year).
- 2021: Revenue of $115K, expenses of $106K, and assets of $84K (revenue +173.4% year-over-year).
- 2019: Revenue of $42K, expenses of $75K, and assets of $68K (revenue +40.7% year-over-year).
- 2018: Revenue of $30K, expenses of $65K, and assets of $101K (revenue -80.8% year-over-year).
- 2017: Revenue of $156K, expenses of $20K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Limina Foundation:
Data Sources and Methodology
This transparency report for Limina 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.