New Mexico Propane Education And Research Foundation
EIN: 813432352 · Ogden, UT · NTEE: S41
| Metric | Value |
|---|---|
| Total Expenses | $34K |
| Net Assets | $2K |
Is New Mexico Propane Education And Research 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 Propane Education And Research Foundation
New Mexico Propane Education And Research Foundation (EIN: 813432352) is a nonprofit organization based in Ogden, UT, classified under NTEE code S41. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Propane Education And Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Propane Education And Research Foundation is a micro nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $34K |
| Surplus / Deficit | $-17,761 |
| Total Assets | $69K |
| Total Liabilities | $67K |
| Net Assets | $2K |
| Operating Margin | -108.6% |
| Debt-to-Asset Ratio | 97.2% |
| Months of Reserves | 24.4 months |
Financial Health Grade: C
In 2023, New Mexico Propane Education And Research Foundation reported a deficit of $18K with expenses exceeding revenue, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 97.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -85.3% | -66.0% | +18.3% |
| 2022 | +40.4% | +53.5% | +23.6% |
| 2021 | +25.0% | -6.8% | +42.4% |
| 2020 | -26.7% | -6.4% | -16.5% |
| 2019 | -40.6% | -36.4% | +41.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Propane Education And Research 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 Propane Education And Research 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 97.2%.
Frequently Asked Questions about New Mexico Propane Education And Research Foundation
Is New Mexico Propane Education And Research Foundation a legitimate charity?
New Mexico Propane Education And Research Foundation (EIN: 813432352) is a registered tax-exempt nonprofit based in Utah. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does New Mexico Propane Education And Research Foundation spend its money?
New Mexico Propane Education And Research Foundation reported its financials in IRS 990 filings. 8 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 Propane Education And Research Foundation tax-deductible?
New Mexico Propane Education And Research Foundation is registered as a tax-exempt nonprofit (EIN: 813432352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Propane Education And Research Foundation located?
New Mexico Propane Education And Research Foundation is headquartered in Ogden, Utah and files with the IRS under EIN 813432352. It is classified under NTEE code S41.
How many years of IRS 990 filings does New Mexico Propane Education And Research Foundation have?
New Mexico Propane Education And Research Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for New Mexico Propane Education And Research Foundation showing financial trends over 8 years of public records:
Total assets increased by 6930300% over the same period, from $1 to $69K. In its most recent filing year (2023), New Mexico Propane Education And Research Foundation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $67K in liabilities against $69K in assets (debt-to-asset ratio: 97.2%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $34K | $69K | $67K | — | — |
| 2022 | $111K | $100K | $59K | $0 | — | — |
| 2021 | $79K | $65K | $47K | $0 | — | View 990 |
| 2020 | $64K | $70K | $33K | $0 | — | View 990 |
| 2019 | $87K | $75K | $40K | $0 | — | View 990 |
| 2018 | $146K | $118K | $28K | $0 | — | View 990 |
| 2017 | $222K | $169K | $53K | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $34K, and assets of $69K (revenue -85.3% year-over-year).
- 2022: Revenue of $111K, expenses of $100K, and assets of $59K (revenue +40.4% year-over-year).
- 2021: Revenue of $79K, expenses of $65K, and assets of $47K (revenue +25.0% year-over-year).
- 2020: Revenue of $64K, expenses of $70K, and assets of $33K (revenue -26.7% year-over-year).
- 2019: Revenue of $87K, expenses of $75K, and assets of $40K (revenue -40.6% year-over-year).
- 2018: Revenue of $146K, expenses of $118K, and assets of $28K (revenue -34.3% year-over-year).
- 2017: Revenue of $222K, expenses of $169K, and assets of $53K.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Propane Education And Research Foundation:
Data Sources and Methodology
This transparency report for New Mexico Propane Education And Research 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.