Mora County Economic Development Corporation
EIN: 464924302 · Mora, NM · NTEE: S32
| Metric | Value |
|---|---|
| Total Expenses | $72K |
| Net Assets | $10K |
Is Mora County Economic Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mora County Economic Development Corporation
Mora County Economic Development Corporation (EIN: 464924302) is a nonprofit organization based in Mora, NM, classified under NTEE code S32. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mora County Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mora County Economic Development Corporation is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -34.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $72K |
| Surplus / Deficit | +$1K |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 1.6% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2022, Mora County Economic Development Corporation reported a surplus of $1K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2021–2022), Mora County Economic Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -34.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -34.4% | -34.5% | -83.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mora County Economic Development Corporation 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 Mora County Economic Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Frequently Asked Questions about Mora County Economic Development Corporation
Is Mora County Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mora County Economic Development Corporation (EIN: 464924302) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mora County Economic Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Mora County Economic Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Mora County Economic Development Corporation tax-deductible?
Mora County Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 464924302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mora County Economic Development Corporation located?
Mora County Economic Development Corporation is headquartered in Mora, New Mexico and files with the IRS under EIN 464924302. It is classified under NTEE code S32.
How many years of IRS 990 filings does Mora County Economic Development Corporation have?
Mora County Economic Development Corporation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mora County Economic Development Corporation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Mora County Economic Development Corporation's revenue has declined by 34.4%, moving from $111K to $73K. Total assets decreased by 83.3% over the same period, from $61K to $10K. Total functional expenses fell by 34.5%, from $110K to $72K. In its most recent filing year (2022), Mora County Economic Development Corporation reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $73K | $72K | $10K | $0 | — | View 990 |
| 2021 | $111K | $110K | $61K | $20K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mora County Economic Development Corporation:
Data Sources and Methodology
This transparency report for Mora County Economic Development Corporation 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.