New Mexico Ag Leadership Inc
EIN: 300061524 · Las Cruces, NM · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $2K |
| Net Assets | $41K |
Is New Mexico Ag Leadership Inc 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 Ag Leadership Inc
New Mexico Ag Leadership Inc (EIN: 300061524) is a nonprofit organization based in Las Cruces, NM, classified under NTEE code B99. The organization reported total revenue of $2K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Ag Leadership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Ag Leadership Inc is a micro nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | +$253 |
| Total Assets | $41K |
| Total Liabilities | $1 |
| Net Assets | $41K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 295.9 months |
Financial Health Grade: A
In 2024, New Mexico Ag Leadership Inc reported a surplus of $253 with revenue exceeding expenses, holds 295.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), New Mexico Ag Leadership Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -36.8% | -63.5% | +0.6% |
| 2023 | -69.1% | -55.3% | -3.6% |
| 2022 | +0.8% | +7.5% | -0.9% |
| 2021 | +1188.7% | +535.6% | +0.6% |
| 2020 | +316.1% | -51.4% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Ag Leadership Inc 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 Ag Leadership Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $253, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about New Mexico Ag Leadership Inc
Is New Mexico Ag Leadership Inc a legitimate charity?
New Mexico Ag Leadership Inc (EIN: 300061524) is a registered tax-exempt nonprofit based in New Mexico. It has 11 years of IRS 990 filings on record. Total revenue: $2K. No red flags identified. Financial health grade: A.
How does New Mexico Ag Leadership Inc spend its money?
New Mexico Ag Leadership Inc reported $2K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Mexico Ag Leadership Inc tax-deductible?
New Mexico Ag Leadership Inc is registered as a tax-exempt nonprofit (EIN: 300061524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Ag Leadership Inc located?
New Mexico Ag Leadership Inc is headquartered in Las Cruces, New Mexico and files with the IRS under EIN 300061524. It is classified under NTEE code B99.
How many years of IRS 990 filings does New Mexico Ag Leadership Inc have?
New Mexico Ag Leadership Inc has 11 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 $2K in total revenue.
Filing History
IRS 990 filing history for New Mexico Ag Leadership Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), New Mexico Ag Leadership Inc's revenue has declined by 87.6%, moving from $15K to $2K. Total assets decreased by 6.6% over the same period, from $43K to $41K. Total functional expenses fell by 89%, from $15K to $2K. In its most recent filing year (2024), New Mexico Ag Leadership Inc reported a surplus of $253, with revenue exceeding expenses. The organization holds $1 in liabilities against $41K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $41K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2K | $2K | $41K | $1 | — | — |
| 2023 | $3K | $5K | $40K | $1 | — | View 990 |
| 2022 | $10K | $10K | $42K | $1 | — | — |
| 2021 | $10K | $9K | $42K | $1 | — | View 990 |
| 2020 | $749 | $1K | $42K | $1 | — | View 990 |
| 2016 | $180 | $3K | $37K | $1 | — | View 990 |
| 2015 | $1 | $13K | $79K | $40K | — | View 990 |
| 2014 | $33K | $21K | $53K | $1 | — | View 990 |
| 2013 | $7K | $12K | $41K | $1 | — | View 990 |
| 2012 | $9K | $7K | $46K | $0 | — | View 990 |
| 2011 | $15K | $15K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2K, expenses of $2K, and assets of $41K (revenue -36.8% year-over-year).
- 2023: Revenue of $3K, expenses of $5K, and assets of $40K (revenue -69.1% year-over-year).
- 2022: Revenue of $10K, expenses of $10K, and assets of $42K (revenue +0.8% year-over-year).
- 2021: Revenue of $10K, expenses of $9K, and assets of $42K (revenue +1188.7% year-over-year).
- 2020: Revenue of $749, expenses of $1K, and assets of $42K (revenue +316.1% year-over-year).
- 2016: Revenue of $180, expenses of $3K, and assets of $37K (revenue +17900.0% year-over-year).
- 2015: Revenue of $1, expenses of $13K, and assets of $79K (revenue -100.0% year-over-year).
- 2014: Revenue of $33K, expenses of $21K, and assets of $53K (revenue +363.8% year-over-year).
- 2013: Revenue of $7K, expenses of $12K, and assets of $41K (revenue -21.1% year-over-year).
- 2012: Revenue of $9K, expenses of $7K, and assets of $46K (revenue -41.4% year-over-year).
- 2011: Revenue of $15K, expenses of $15K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Ag Leadership Inc:
Data Sources and Methodology
This transparency report for New Mexico Ag Leadership Inc 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.