New Mexico Peanut Research Board
EIN: 850455179 · Portales, NM · NTEE: K20
Is New Mexico Peanut Research Board 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 Peanut Research Board
New Mexico Peanut Research Board (EIN: 850455179) is a nonprofit organization based in Portales, NM, classified under NTEE code K20. The organization reported total revenue of $577 and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Peanut Research Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for New Mexico Peanut Research Board 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 Peanut Research Board 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.
Frequently Asked Questions about New Mexico Peanut Research Board
Is New Mexico Peanut Research Board a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Peanut Research Board (EIN: 850455179) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Peanut Research Board spend its money?
Detailed spending breakdown data is not yet available for New Mexico Peanut Research Board. Check back for updated IRS 990 analysis.
Are donations to New Mexico Peanut Research Board tax-deductible?
New Mexico Peanut Research Board is registered as a tax-exempt nonprofit (EIN: 850455179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for New Mexico Peanut Research Board showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Mexico Peanut Research Board's revenue has declined by 97.3%, moving from $21K to $577. Total assets decreased by 21.4% over the same period, from $106K to $83K. Total functional expenses fell by 79.5%, from $36K to $7K. In its most recent filing year (2023), New Mexico Peanut Research Board reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $577 | $7K | $83K | $0 | — | View 990 |
| 2022 | $2K | $779 | $90K | $0 | — | — |
| 2021 | $871 | $378 | $89K | $0 | — | — |
| 2020 | $1K | $503 | $89K | $0 | — | — |
| 2019 | $9K | $7K | $88K | $0 | — | View 990 |
| 2018 | $4K | $2K | $86K | $0 | — | View 990 |
| 2017 | $21K | $22K | $84K | $0 | — | View 990 |
| 2016 | $28K | $52K | $85K | $0 | — | View 990 |
| 2015 | $28K | $28K | $108K | $0 | — | View 990 |
| 2014 | $8K | $12K | $109K | $0 | — | View 990 |
| 2013 | $18K | $11K | $113K | $0 | — | View 990 |
| 2012 | $21K | $36K | $106K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $577, expenses of $7K, and assets of $83K (revenue -65.4% year-over-year).
- 2022: Revenue of $2K, expenses of $779, and assets of $90K (revenue +91.5% year-over-year).
- 2021: Revenue of $871, expenses of $378, and assets of $89K (revenue -29.8% year-over-year).
- 2020: Revenue of $1K, expenses of $503, and assets of $89K (revenue -85.9% year-over-year).
- 2019: Revenue of $9K, expenses of $7K, and assets of $88K (revenue +99.5% year-over-year).
- 2018: Revenue of $4K, expenses of $2K, and assets of $86K (revenue -79.1% year-over-year).
- 2017: Revenue of $21K, expenses of $22K, and assets of $84K (revenue -25.7% year-over-year).
- 2016: Revenue of $28K, expenses of $52K, and assets of $85K (revenue +1.6% year-over-year).
- 2015: Revenue of $28K, expenses of $28K, and assets of $108K (revenue +239.9% year-over-year).
- 2014: Revenue of $8K, expenses of $12K, and assets of $109K (revenue -54.8% year-over-year).
- 2013: Revenue of $18K, expenses of $11K, and assets of $113K (revenue -15.1% year-over-year).
- 2012: Revenue of $21K, expenses of $36K, and assets of $106K.
Data Sources and Methodology
This transparency report for New Mexico Peanut Research Board 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.