Mora San Miguel Electric Education Foundation
EIN: 850470497 · Mora, NM · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $26K |
| Net Assets | $867K |
Is Mora San Miguel Electric Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mora San Miguel Electric Education Foundation
Mora San Miguel Electric Education Foundation (EIN: 850470497) is a nonprofit organization based in Mora, NM, classified under NTEE code B82. The organization reported total revenue of $263K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mora San Miguel Electric Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mora San Miguel Electric Education Foundation is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -94.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $26K |
| Surplus / Deficit | $-23,015 |
| Total Assets | $867K |
| Total Liabilities | $1 |
| Net Assets | $867K |
| Operating Margin | -769.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 400.1 months |
Financial Health Grade: B
In 2023, Mora San Miguel Electric Education Foundation reported a deficit of $23K with expenses exceeding revenue, holds 400.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Mora San Miguel Electric Education Foundation's revenue has declined at a compound annual growth rate (CAGR) of -94.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.0% | +21.9% | -2.6% |
| 2022 | -99.1% | +204.8% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mora San Miguel Electric Education 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 Mora San Miguel Electric Education 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mora San Miguel Electric Education Foundation
Is Mora San Miguel Electric Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mora San Miguel Electric Education Foundation (EIN: 850470497) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mora San Miguel Electric Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Mora San Miguel Electric Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Mora San Miguel Electric Education Foundation tax-deductible?
Mora San Miguel Electric Education Foundation is registered as a tax-exempt nonprofit (EIN: 850470497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mora San Miguel Electric Education Foundation located?
Mora San Miguel Electric Education Foundation is headquartered in Mora, New Mexico and files with the IRS under EIN 850470497. It is classified under NTEE code B82.
How many years of IRS 990 filings does Mora San Miguel Electric Education Foundation have?
Mora San Miguel Electric Education Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $263K in total revenue.
Filing History
IRS 990 filing history for Mora San Miguel Electric Education Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Mora San Miguel Electric Education Foundation's revenue has declined by 99.7%, moving from $910K to $3K. Total assets decreased by 4% over the same period, from $903K to $867K. Total functional expenses rose by 271.5%, from $7K to $26K. In its most recent filing year (2023), Mora San Miguel Electric Education Foundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1 in liabilities against $867K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $867K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $26K | $867K | $1 | — | — |
| 2022 | $9K | $21K | $890K | $1 | — | View 990 |
| 2021 | $910K | $7K | $903K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $26K, and assets of $867K (revenue -65.0% year-over-year).
- 2022: Revenue of $9K, expenses of $21K, and assets of $890K (revenue -99.1% year-over-year).
- 2021: Revenue of $910K, expenses of $7K, and assets of $903K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mora San Miguel Electric Education Foundation:
Data Sources and Methodology
This transparency report for Mora San Miguel Electric Education 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.