New Mexico Alliance For Hispanic Education
EIN: 850452029 · Albuquerque, NM · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $15K |
| Net Assets | $141K |
Is New Mexico Alliance For Hispanic Education 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 Alliance For Hispanic Education
New Mexico Alliance For Hispanic Education (EIN: 850452029) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B82. The organization reported total revenue of $188K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Alliance For Hispanic Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Alliance For Hispanic Education is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $15K |
| Surplus / Deficit | +$18K |
| Total Assets | $159K |
| Total Liabilities | $17K |
| Net Assets | $141K |
| Operating Margin | 53.6% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 123.2 months |
Financial Health Grade: A
In 2022, New Mexico Alliance For Hispanic Education reported a surplus of $18K with revenue exceeding expenses, holds 123.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), New Mexico Alliance For Hispanic Education's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -142.1% | -45.7% | -32.4% |
| 2019 | +114.8% | -31.5% | +73.3% |
| 2018 | -34.3% | -84.7% | +40.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Alliance For Hispanic Education 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 Alliance For Hispanic Education 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
Frequently Asked Questions about New Mexico Alliance For Hispanic Education
Is New Mexico Alliance For Hispanic Education a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Alliance For Hispanic Education (EIN: 850452029) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Alliance For Hispanic Education spend its money?
Detailed spending breakdown data is not yet available for New Mexico Alliance For Hispanic Education. Check back for updated IRS 990 analysis.
Are donations to New Mexico Alliance For Hispanic Education tax-deductible?
New Mexico Alliance For Hispanic Education is registered as a tax-exempt nonprofit (EIN: 850452029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Alliance For Hispanic Education located?
New Mexico Alliance For Hispanic Education is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850452029. It is classified under NTEE code B82.
How many years of IRS 990 filings does New Mexico Alliance For Hispanic Education have?
New Mexico Alliance For Hispanic Education has 12 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 $188K in total revenue.
Filing History
IRS 990 filing history for New Mexico Alliance For Hispanic Education showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Mexico Alliance For Hispanic Education's revenue has declined by 56.7%, moving from $77K to $33K. Total assets increased by 234.3% over the same period, from $48K to $159K. Total functional expenses fell by 86.9%, from $118K to $15K. In its most recent filing year (2022), New Mexico Alliance For Hispanic Education reported a surplus of $18K, with revenue exceeding expenses. The organization holds $17K in liabilities against $159K in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $141K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $33K | $15K | $159K | $17K | — | — |
| 2021 | $-39,162 | $1K | $138K | $14K | — | — |
| 2020 | $-46,734 | $4K | $164K | $0 | — | View 990 |
| 2019 | $111K | $8K | $242K | $27K | — | View 990 |
| 2018 | $52K | $12K | $140K | $28K | — | View 990 |
| 2017 | $79K | $78K | $100K | $0 | — | View 990 |
| 2016 | $61K | $7K | $104K | $5K | — | View 990 |
| 2015 | $16K | $55K | $50K | $5K | — | View 990 |
| 2014 | $96K | $70K | $90K | $5K | — | View 990 |
| 2013 | $58K | $60K | $104K | $45K | — | View 990 |
| 2012 | $111K | $85K | $62K | $5K | — | View 990 |
| 2011 | $77K | $118K | $48K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $33K, expenses of $15K, and assets of $159K.
- 2021: Revenue of $-39,162, expenses of $1K, and assets of $138K.
- 2020: Revenue of $-46,734, expenses of $4K, and assets of $164K (revenue -142.1% year-over-year).
- 2019: Revenue of $111K, expenses of $8K, and assets of $242K (revenue +114.8% year-over-year).
- 2018: Revenue of $52K, expenses of $12K, and assets of $140K (revenue -34.3% year-over-year).
- 2017: Revenue of $79K, expenses of $78K, and assets of $100K (revenue +28.5% year-over-year).
- 2016: Revenue of $61K, expenses of $7K, and assets of $104K (revenue +292.8% year-over-year).
- 2015: Revenue of $16K, expenses of $55K, and assets of $50K (revenue -83.9% year-over-year).
- 2014: Revenue of $96K, expenses of $70K, and assets of $90K (revenue +66.8% year-over-year).
- 2013: Revenue of $58K, expenses of $60K, and assets of $104K (revenue -48.1% year-over-year).
- 2012: Revenue of $111K, expenses of $85K, and assets of $62K (revenue +44.6% year-over-year).
- 2011: Revenue of $77K, expenses of $118K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Alliance For Hispanic Education:
Data Sources and Methodology
This transparency report for New Mexico Alliance For Hispanic Education 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.