New Mexico Affordable Housing Charitable Tr
EIN: 386851393 · Albuquerque, NM · NTEE: L990
Is New Mexico Affordable Housing Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Mexico Affordable Housing Charitable Tr
New Mexico Affordable Housing Charitable Tr (EIN: 386851393) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code L990. The organization reported total revenue of $275K and total assets of $776K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Affordable Housing Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for New Mexico Affordable Housing Charitable Tr 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 New Mexico Affordable Housing Charitable Tr 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.
Frequently Asked Questions about New Mexico Affordable Housing Charitable Tr
Is New Mexico Affordable Housing Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Affordable Housing Charitable Tr (EIN: 386851393) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Affordable Housing Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for New Mexico Affordable Housing Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to New Mexico Affordable Housing Charitable Tr tax-deductible?
New Mexico Affordable Housing Charitable Tr is registered as a tax-exempt nonprofit (EIN: 386851393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for New Mexico Affordable Housing Charitable Tr showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), New Mexico Affordable Housing Charitable Tr's revenue has grown by 392.2%, moving from $106K to $519K. Total assets increased by 87% over the same period, from $469K to $877K. Total functional expenses rose by 530%, from $90K to $570K. In its most recent filing year (2023), New Mexico Affordable Housing Charitable Tr reported a deficit of $51K, with expenses exceeding revenue. The organization holds $44K in liabilities against $877K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $833K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $519K | $570K | $877K | $44K | — | — |
| 2022 | $213K | $206K | $903K | $19K | — | View 990 |
| 2021 | $511K | $104K | $876K | $0 | — | — |
| 2020 | $106K | $90K | $469K | $68 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $519K, expenses of $570K, and assets of $877K (revenue +143.3% year-over-year).
- 2022: Revenue of $213K, expenses of $206K, and assets of $903K (revenue -58.3% year-over-year).
- 2021: Revenue of $511K, expenses of $104K, and assets of $876K (revenue +384.6% year-over-year).
- 2020: Revenue of $106K, expenses of $90K, and assets of $469K.
Data Sources and Methodology
This transparency report for New Mexico Affordable Housing Charitable Tr 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.