New Mexicans For Fair Taxation
New Mexicans For Fair Taxation operates with volunteer leadership and fluctuating revenue, drawing on assets to cover expenses in some periods.
EIN: 200589577 · Santa Fe, NM · NTEE: W22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Program Spending | 90% |
| Net Assets | $53K |
| Transparency Score | 85/100 |
Is New Mexicans For Fair Taxation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Mexicans For Fair Taxation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Mexicans For Fair Taxation
New Mexicans For Fair Taxation (EIN: 200589577) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code W22. 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 New Mexicans For Fair Taxation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexicans For Fair Taxation is a micro nonprofit that has been operating for 10 years, with 14 years of IRS 990 filings on record (2010–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +35.6% | -20.3% |
| 2022 | +36.5% | — | +18.4% |
| 2021 | -14.3% | — | +36.0% |
| 2020 | +75.0% | -100.0% | +72.3% |
| 2019 | -70.6% | -36.7% | -17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Mexicans For Fair Taxation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, New Mexicans For Fair Taxation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly favorable for ensuring donor funds are directed towards the mission rather than salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Mexicans For Fair Taxation's IRS 990 filings:
- Fluctuating revenue and expenses, with some years showing $0 revenue or $0 expenses, which can make financial analysis challenging.
- Latest filing (202312) shows $0 revenue against $13,644 in expenses, indicating reliance on prior period assets to cover costs.
Strengths
The following positive indicators were identified for New Mexicans For Fair Taxation:
- Consistent reporting of 0% officer compensation, indicating a volunteer-led organization.
- No reported liabilities across all available filings, demonstrating sound financial management and no debt.
- Consistent filing of IRS Form 990s, indicating transparency.
- Maintains a positive asset balance, even during periods of negative net income, showing financial stability for its size.
Frequently Asked Questions about New Mexicans For Fair Taxation
Is New Mexicans For Fair Taxation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexicans For Fair Taxation (EIN: 200589577) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does New Mexicans For Fair Taxation spend its money?
New Mexicans For Fair Taxation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Mexicans For Fair Taxation tax-deductible?
New Mexicans For Fair Taxation is registered as a tax-exempt nonprofit (EIN: 200589577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Mexicans For Fair Taxation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Mexicans For Fair Taxation is above average for NTEE category W22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Mexicans For Fair Taxation located?
New Mexicans For Fair Taxation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 200589577. It is classified under NTEE code W22.
How many years of IRS 990 filings does New Mexicans For Fair Taxation have?
New Mexicans For Fair Taxation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is New Mexicans For Fair Taxation a good charity?
Based on the available data, New Mexicans For Fair Taxation appears to be a fiscally responsible, volunteer-led organization. Its consistent reporting of $0 officer compensation and lack of liabilities are strong positive indicators. However, its small scale and fluctuating revenue/expense patterns suggest it operates with limited resources.
How does the organization manage to have $0 expenses in some years?
The filings show $0 expenses in periods like 202112, 202012, and 201412. This could indicate that all operational costs were covered by in-kind donations, or that the organization had no expenditures in those specific fiscal years, possibly due to a period of inactivity or a cash-basis accounting method where expenses are only recorded when paid, and no payments were made in those periods.
What is the primary source of funding for this organization?
The revenue figures fluctuate significantly, ranging from $0 to $34,000. Without specific details on the nature of the revenue (e.g., donations, grants, membership fees), it's difficult to pinpoint a primary source. However, the overall low revenue suggests reliance on individual contributions or small grants.
Filing History
IRS 990 filing history for New Mexicans For Fair Taxation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), New Mexicans For Fair Taxation's revenue has declined by 100%, moving from $33K to $0. Total assets increased by 76.3% over the same period, from $30K to $53K. Total functional expenses fell by 6%, from $15K to $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $14K | $53K | $0 | — | — |
| 2022 | $20K | $10K | $67K | $0 | — | — |
| 2021 | $15K | $0 | $57K | $0 | — | — |
| 2020 | $18K | $0 | $42K | $0 | — | View 990 |
| 2019 | $10K | $15K | $24K | $0 | — | View 990 |
| 2018 | $34K | $24K | $29K | $0 | — | View 990 |
| 2017 | $11K | $25K | $19K | $0 | — | View 990 |
| 2016 | $21K | $15K | $32K | $0 | — | View 990 |
| 2015 | $0 | $13K | $26K | $0 | — | View 990 |
| 2014 | $0 | $0 | $39K | $0 | — | View 990 |
| 2013 | $0 | $3K | $39K | $0 | — | View 990 |
| 2012 | $6K | $30 | $42K | $0 | — | View 990 |
| 2011 | $6K | $0 | $36K | $0 | — | View 990 |
| 2010 | $33K | $15K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $14K, and assets of $53K (revenue -100.0% year-over-year).
- 2022: Revenue of $20K, expenses of $10K, and assets of $67K (revenue +36.5% year-over-year).
- 2021: Revenue of $15K, expenses of $0, and assets of $57K (revenue -14.3% year-over-year).
- 2020: Revenue of $18K, expenses of $0, and assets of $42K (revenue +75.0% year-over-year).
- 2019: Revenue of $10K, expenses of $15K, and assets of $24K (revenue -70.6% year-over-year).
- 2018: Revenue of $34K, expenses of $24K, and assets of $29K (revenue +223.8% year-over-year).
- 2017: Revenue of $11K, expenses of $25K, and assets of $19K (revenue -49.9% year-over-year).
- 2016: Revenue of $21K, expenses of $15K, and assets of $32K.
- 2015: Revenue of $0, expenses of $13K, and assets of $26K.
- 2014: Revenue of $0, expenses of $0, and assets of $39K.
- 2013: Revenue of $0, expenses of $3K, and assets of $39K (revenue -100.0% year-over-year).
- 2012: Revenue of $6K, expenses of $30, and assets of $42K (revenue +0.0% year-over-year).
- 2011: Revenue of $6K, expenses of $0, and assets of $36K (revenue -81.8% year-over-year).
- 2010: Revenue of $33K, expenses of $15K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexicans For Fair Taxation:
Data Sources and Methodology
This transparency report for New Mexicans For Fair Taxation 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.