New Mexico Business Coalition
EIN: 271500780 · Albuquerque, NM · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $566K |
| Total Expenses | $405K |
| Net Assets | $905K |
Is New Mexico Business Coalition 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 Business Coalition
New Mexico Business Coalition (EIN: 271500780) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code S41. The organization reported total revenue of $566K and total assets of $961K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Business Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Business Coalition is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $554K |
| Total Expenses | $405K |
| Surplus / Deficit | +$149K |
| Total Assets | $905K |
| Net Assets | $905K |
| Operating Margin | 26.9% |
| Months of Reserves | 26.8 months |
Financial Health Grade: A
In 2023, New Mexico Business Coalition reported a surplus of $149K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), New Mexico Business Coalition's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | -17.7% | +19.7% |
| 2022 | +55.8% | +62.8% | +19.8% |
| 2021 | +36.5% | +10.1% | +17.5% |
| 2020 | -26.2% | +15.0% | +3.0% |
| 2019 | +6.3% | -15.8% | +42.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Business Coalition 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 Business Coalition 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 surplus of $149K, with revenue exceeding expenses.
Frequently Asked Questions about New Mexico Business Coalition
Is New Mexico Business Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Business Coalition (EIN: 271500780) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Business Coalition spend its money?
Detailed spending breakdown data is not yet available for New Mexico Business Coalition. Check back for updated IRS 990 analysis.
Are donations to New Mexico Business Coalition tax-deductible?
New Mexico Business Coalition is registered as a tax-exempt nonprofit (EIN: 271500780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Business Coalition located?
New Mexico Business Coalition is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 271500780. It is classified under NTEE code S41.
How many years of IRS 990 filings does New Mexico Business Coalition have?
New Mexico Business Coalition 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 $566K in total revenue.
Filing History
IRS 990 filing history for New Mexico Business Coalition showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Mexico Business Coalition's revenue has grown by 282.4%, moving from $145K to $554K. Total assets increased by 691% over the same period, from $114K to $905K. Total functional expenses rose by 573.2%, from $60K to $405K. In its most recent filing year (2023), New Mexico Business Coalition reported a surplus of $149K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $554K | $405K | $905K | $0 | — | — |
| 2022 | $617K | $492K | $756K | $0 | — | View 990 |
| 2021 | $396K | $302K | $631K | $0 | — | View 990 |
| 2020 | $290K | $275K | $537K | $0 | — | — |
| 2019 | $393K | $239K | $522K | $0 | — | View 990 |
| 2018 | $370K | $284K | $367K | $0 | — | View 990 |
| 2017 | $193K | $129K | $282K | $432 | — | View 990 |
| 2016 | $192K | $109K | $219K | $2K | — | View 990 |
| 2015 | $85K | $96K | $134K | $0 | — | View 990 |
| 2014 | $111K | $130K | $145K | $0 | — | View 990 |
| 2013 | $127K | $77K | $165K | $0 | — | View 990 |
| 2012 | $145K | $60K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $554K, expenses of $405K, and assets of $905K (revenue -10.2% year-over-year).
- 2022: Revenue of $617K, expenses of $492K, and assets of $756K (revenue +55.8% year-over-year).
- 2021: Revenue of $396K, expenses of $302K, and assets of $631K (revenue +36.5% year-over-year).
- 2020: Revenue of $290K, expenses of $275K, and assets of $537K (revenue -26.2% year-over-year).
- 2019: Revenue of $393K, expenses of $239K, and assets of $522K (revenue +6.3% year-over-year).
- 2018: Revenue of $370K, expenses of $284K, and assets of $367K (revenue +91.7% year-over-year).
- 2017: Revenue of $193K, expenses of $129K, and assets of $282K (revenue +0.6% year-over-year).
- 2016: Revenue of $192K, expenses of $109K, and assets of $219K (revenue +127.0% year-over-year).
- 2015: Revenue of $85K, expenses of $96K, and assets of $134K (revenue -23.9% year-over-year).
- 2014: Revenue of $111K, expenses of $130K, and assets of $145K (revenue -12.4% year-over-year).
- 2013: Revenue of $127K, expenses of $77K, and assets of $165K (revenue -12.5% year-over-year).
- 2012: Revenue of $145K, expenses of $60K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Business Coalition:
Data Sources and Methodology
This transparency report for New Mexico Business Coalition 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.