New Mexico Medical Foundation
EIN: 850474774 · Albuquerque, NM · NTEE: E70
| Metric | Value |
|---|---|
| Total Revenue | $500K |
| Total Expenses | $2K |
| Net Assets | $23K |
Is New Mexico Medical 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 Medical Foundation
New Mexico Medical Foundation (EIN: 850474774) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code E70. The organization reported total revenue of $500K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Medical Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Medical Foundation is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | +595.3% | -7.2% |
| 2021 | -99.8% | -95.4% | -1.0% |
| 2020 | -94.0% | -86.4% | -10.0% |
| 2019 | -39.1% | -48.8% | +25.2% |
| 2018 | +96.3% | +123.1% | -62.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Medical 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 Medical 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 (2022)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about New Mexico Medical Foundation
Is New Mexico Medical Foundation a legitimate charity?
New Mexico Medical Foundation (EIN: 850474774) is a registered tax-exempt nonprofit based in New Mexico. It has 12 years of IRS 990 filings on record. Total revenue: $500K. No red flags identified. Financial health grade: B.
How does New Mexico Medical Foundation spend its money?
New Mexico Medical Foundation reported $500K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Mexico Medical Foundation tax-deductible?
New Mexico Medical Foundation is registered as a tax-exempt nonprofit (EIN: 850474774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Medical Foundation located?
New Mexico Medical Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850474774. It is classified under NTEE code E70.
How many years of IRS 990 filings does New Mexico Medical Foundation have?
New Mexico Medical Foundation 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 $500K in total revenue.
Filing History
IRS 990 filing history for New Mexico Medical Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Mexico Medical Foundation's revenue has declined by 100%, moving from $10K to $0. Total assets increased by 36.2% over the same period, from $17K to $23K. Total functional expenses fell by 55.5%, from $4K to $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $0 | $2K | $23K | $0 | — | View 990 |
| 2021 | $6 | $257 | $25K | $0 | — | View 990 |
| 2020 | $3K | $6K | $25K | $0 | — | View 990 |
| 2019 | $47K | $41K | $28K | $0 | — | View 990 |
| 2018 | $76K | $80K | $22K | $0 | — | View 990 |
| 2017 | $39K | $36K | $59K | $33K | — | View 990 |
| 2016 | $17K | $12K | $23K | $0 | — | View 990 |
| 2015 | $12K | $9K | $18K | $0 | — | View 990 |
| 2014 | $6K | $8K | $16K | $0 | — | View 990 |
| 2013 | $7K | $8K | $18K | $0 | — | View 990 |
| 2012 | $6K | $4K | $20K | $1K | — | View 990 |
| 2011 | $10K | $4K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $0, expenses of $2K, and assets of $23K (revenue -100.0% year-over-year).
- 2021: Revenue of $6, expenses of $257, and assets of $25K (revenue -99.8% year-over-year).
- 2020: Revenue of $3K, expenses of $6K, and assets of $25K (revenue -94.0% year-over-year).
- 2019: Revenue of $47K, expenses of $41K, and assets of $28K (revenue -39.1% year-over-year).
- 2018: Revenue of $76K, expenses of $80K, and assets of $22K (revenue +96.3% year-over-year).
- 2017: Revenue of $39K, expenses of $36K, and assets of $59K (revenue +127.9% year-over-year).
- 2016: Revenue of $17K, expenses of $12K, and assets of $23K (revenue +48.5% year-over-year).
- 2015: Revenue of $12K, expenses of $9K, and assets of $18K (revenue +77.3% year-over-year).
- 2014: Revenue of $6K, expenses of $8K, and assets of $16K (revenue -4.0% year-over-year).
- 2013: Revenue of $7K, expenses of $8K, and assets of $18K (revenue +9.6% year-over-year).
- 2012: Revenue of $6K, expenses of $4K, and assets of $20K (revenue -36.5% year-over-year).
- 2011: Revenue of $10K, expenses of $4K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Medical Foundation:
Data Sources and Methodology
This transparency report for New Mexico Medical 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.