New Mexico Reggio Emilia Exchange
EIN: 364970280 · Albuquerque, NM · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $9K |
| Net Assets | $2K |
Is New Mexico Reggio Emilia Exchange 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 Reggio Emilia Exchange
New Mexico Reggio Emilia Exchange (EIN: 364970280) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B01. The organization reported total revenue of $25K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Reggio Emilia Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Reggio Emilia Exchange is a micro nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 876.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $930 |
| Total Expenses | $9K |
| Surplus / Deficit | $-7,872 |
| Total Assets | $10K |
| Total Liabilities | $8K |
| Net Assets | $2K |
| Operating Margin | -846.5% |
| Debt-to-Asset Ratio | 79.6% |
| Months of Reserves | 13.8 months |
Financial Health Grade: C
In 2023, New Mexico Reggio Emilia Exchange reported a deficit of $8K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 79.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), New Mexico Reggio Emilia Exchange's revenue has grown at a compound annual growth rate (CAGR) of 876.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.5% | -41.3% | -39.8% |
| 2022 | +1685900.0% | — | +1685900.0% |
| 2021 | +0.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Reggio Emilia Exchange 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 Reggio Emilia Exchange 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.6%.
Frequently Asked Questions about New Mexico Reggio Emilia Exchange
Is New Mexico Reggio Emilia Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Reggio Emilia Exchange (EIN: 364970280) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mexico Reggio Emilia Exchange spend its money?
Detailed spending breakdown data is not yet available for New Mexico Reggio Emilia Exchange. Check back for updated IRS 990 analysis.
Are donations to New Mexico Reggio Emilia Exchange tax-deductible?
New Mexico Reggio Emilia Exchange is registered as a tax-exempt nonprofit (EIN: 364970280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Reggio Emilia Exchange located?
New Mexico Reggio Emilia Exchange is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 364970280. It is classified under NTEE code B01.
How many years of IRS 990 filings does New Mexico Reggio Emilia Exchange have?
New Mexico Reggio Emilia Exchange 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 $25K in total revenue.
Filing History
IRS 990 filing history for New Mexico Reggio Emilia Exchange showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), New Mexico Reggio Emilia Exchange's revenue has grown by 92900%, moving from $1 to $930. Total assets increased by 1014100% over the same period, from $1 to $10K. In its most recent filing year (2023), New Mexico Reggio Emilia Exchange reported a deficit of $8K, with expenses exceeding revenue. The organization holds $8K in liabilities against $10K in assets (debt-to-asset ratio: 79.6%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $930 | $9K | $10K | $8K | — | — |
| 2022 | $17K | $15K | $17K | $15K | — | View 990 |
| 2021 | $1 | $0 | $1 | $1 | — | — |
| 2020 | $1 | $0 | $1 | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $930, expenses of $9K, and assets of $10K (revenue -94.5% year-over-year).
- 2022: Revenue of $17K, expenses of $15K, and assets of $17K (revenue +1685900.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Reggio Emilia Exchange:
Data Sources and Methodology
This transparency report for New Mexico Reggio Emilia Exchange 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.