Neighborhood In Rio Rancho
EIN: 471462853 · Rio Rancho, NM · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $17.3M |
| Net Assets | $-24,448,601 |
Is Neighborhood In Rio Rancho Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neighborhood In Rio Rancho
Neighborhood In Rio Rancho (EIN: 471462853) is a nonprofit organization based in Rio Rancho, NM, classified under NTEE code L22. The organization reported total revenue of $7.0M and total assets of $68.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood In Rio Rancho's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood In Rio Rancho is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 28.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.9M |
| Total Expenses | $17.3M |
| Surplus / Deficit | $-2,412,175 |
| Total Assets | $41.4M |
| Total Liabilities | $65.9M |
| Net Assets | $-24,448,601 |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 159.0% |
| Months of Reserves | 28.7 months |
Financial Health Grade: C
In 2023, Neighborhood In Rio Rancho reported a deficit of $2.4M with expenses exceeding revenue, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 159.0% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Neighborhood In Rio Rancho's revenue has grown at a compound annual growth rate (CAGR) of 28.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -6.9% | -4.3% |
| 2022 | -4.3% | +4.1% | -11.4% |
| 2021 | +15.4% | +1.5% | +1.1% |
| 2020 | +15.6% | +17.9% | -4.4% |
| 2019 | +38.9% | +19.3% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neighborhood In Rio Rancho 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 Neighborhood In Rio Rancho 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 $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 159.0%.
Frequently Asked Questions about Neighborhood In Rio Rancho
Is Neighborhood In Rio Rancho a legitimate charity?
Neighborhood In Rio Rancho (EIN: 471462853) is a registered tax-exempt nonprofit based in New Mexico. It has 7 years of IRS 990 filings on record. Total revenue: $7.0M. No red flags identified. Financial health grade: C.
How does Neighborhood In Rio Rancho spend its money?
Neighborhood In Rio Rancho reported $7.0M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Neighborhood In Rio Rancho tax-deductible?
Neighborhood In Rio Rancho is registered as a tax-exempt nonprofit (EIN: 471462853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neighborhood In Rio Rancho located?
Neighborhood In Rio Rancho is headquartered in Rio Rancho, New Mexico and files with the IRS under EIN 471462853. It is classified under NTEE code L22.
How many years of IRS 990 filings does Neighborhood In Rio Rancho have?
Neighborhood In Rio Rancho has 7 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 $7.0M in total revenue.
Filing History
IRS 990 filing history for Neighborhood In Rio Rancho showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Neighborhood In Rio Rancho's revenue has grown by 348.3%, moving from $3.3M to $14.9M. Total assets decreased by 21% over the same period, from $52.4M to $41.4M. Total functional expenses rose by 78.1%, from $9.7M to $17.3M. In its most recent filing year (2023), Neighborhood In Rio Rancho reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $65.9M in liabilities against $41.4M in assets (debt-to-asset ratio: 159.0%), resulting in net assets of $-24,448,601.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.9M | $17.3M | $41.4M | $65.9M | — | View 990 |
| 2022 | $14.9M | $18.6M | $43.3M | $65.3M | — | View 990 |
| 2021 | $15.6M | $17.9M | $48.9M | $67.1M | — | — |
| 2020 | $13.5M | $17.6M | $48.4M | $67.2M | — | View 990 |
| 2019 | $11.7M | $15.0M | $50.6M | $65.3M | — | View 990 |
| 2018 | $8.4M | $12.5M | $51.4M | $62.9M | — | View 990 |
| 2017 | $3.3M | $9.7M | $52.4M | $59.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.9M, expenses of $17.3M, and assets of $41.4M (revenue +0.0% year-over-year).
- 2022: Revenue of $14.9M, expenses of $18.6M, and assets of $43.3M (revenue -4.3% year-over-year).
- 2021: Revenue of $15.6M, expenses of $17.9M, and assets of $48.9M (revenue +15.4% year-over-year).
- 2020: Revenue of $13.5M, expenses of $17.6M, and assets of $48.4M (revenue +15.6% year-over-year).
- 2019: Revenue of $11.7M, expenses of $15.0M, and assets of $50.6M (revenue +38.9% year-over-year).
- 2018: Revenue of $8.4M, expenses of $12.5M, and assets of $51.4M (revenue +152.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $9.7M, and assets of $52.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood In Rio Rancho:
Data Sources and Methodology
This transparency report for Neighborhood In Rio Rancho 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.