New Mexico Hispanic Bar Association Foundation
EIN: 463818866 · Albuquerque, NM · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $25K |
| Net Assets | $176K |
Is New Mexico Hispanic Bar Association Foundation 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 Hispanic Bar Association Foundation
New Mexico Hispanic Bar Association Foundation (EIN: 463818866) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code O50. The organization reported total revenue of $6K and total assets of $215K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Hispanic Bar Association Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Hispanic Bar Association Foundation is a micro nonprofit that has been operating for 2 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of 24.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $25K |
| Surplus / Deficit | +$30K |
| Total Assets | $176K |
| Net Assets | $176K |
| Operating Margin | 54.0% |
| Months of Reserves | 83.2 months |
Financial Health Grade: A
In 2017, New Mexico Hispanic Bar Association Foundation reported a surplus of $30K with revenue exceeding expenses, holds 83.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2014–2017), New Mexico Hispanic Bar Association Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +14.9% | -3.1% | +20.4% |
| 2016 | -7.3% | +4.7% | +17.5% |
| 2015 | +82.3% | +39.5% | +27.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Hispanic Bar Association Foundation 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 Hispanic Bar Association Foundation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
Frequently Asked Questions about New Mexico Hispanic Bar Association Foundation
Is New Mexico Hispanic Bar Association Foundation a legitimate charity?
New Mexico Hispanic Bar Association Foundation (EIN: 463818866) is a registered tax-exempt nonprofit based in New Mexico. It has 4 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. Financial health grade: A.
How does New Mexico Hispanic Bar Association Foundation spend its money?
New Mexico Hispanic Bar Association Foundation reported $6K in total revenue in IRS 990 filings. 4 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 Hispanic Bar Association Foundation tax-deductible?
New Mexico Hispanic Bar Association Foundation is registered as a tax-exempt nonprofit (EIN: 463818866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Hispanic Bar Association Foundation located?
New Mexico Hispanic Bar Association Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 463818866. It is classified under NTEE code O50.
How many years of IRS 990 filings does New Mexico Hispanic Bar Association Foundation have?
New Mexico Hispanic Bar Association Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $6K in total revenue.
Filing History
IRS 990 filing history for New Mexico Hispanic Bar Association Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), New Mexico Hispanic Bar Association Foundation's revenue has grown by 94.2%, moving from $28K to $55K. Total assets increased by 80.3% over the same period, from $97K to $176K. Total functional expenses rose by 41.6%, from $18K to $25K. In its most recent filing year (2017), New Mexico Hispanic Bar Association Foundation reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $55K | $25K | $176K | $0 | — | View 990 |
| 2016 | $48K | $26K | $146K | $0 | — | View 990 |
| 2015 | $52K | $25K | $124K | $0 | — | View 990 |
| 2014 | $28K | $18K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $55K, expenses of $25K, and assets of $176K (revenue +14.9% year-over-year).
- 2016: Revenue of $48K, expenses of $26K, and assets of $146K (revenue -7.3% year-over-year).
- 2015: Revenue of $52K, expenses of $25K, and assets of $124K (revenue +82.3% year-over-year).
- 2014: Revenue of $28K, expenses of $18K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Hispanic Bar Association Foundation:
Data Sources and Methodology
This transparency report for New Mexico Hispanic Bar Association Foundation 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.