New Mexico Square Dance Association
EIN: 237454767 · Albuquerque, NM
| Metric | Value |
|---|---|
| Total Expenses | $4K |
| Net Assets | $42K |
Is New Mexico Square Dance Association 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 Square Dance Association
New Mexico Square Dance Association (EIN: 237454767) is a nonprofit organization based in Albuquerque, NM. 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 Square Dance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Square Dance Association is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$2K |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | 36.0% |
| Months of Reserves | 137.0 months |
Financial Health Grade: A
In 2021, New Mexico Square Dance Association reported a surplus of $2K with revenue exceeding expenses, holds 137.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2021), New Mexico Square Dance Association's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +38.1% | -55.1% | +5.2% |
| 2020 | -61.8% | -51.8% | -9.2% |
| 2019 | +25.2% | +197.4% | -12.2% |
| 2018 | +30.9% | -18.1% | +6.4% |
| 2017 | +107.1% | +139.4% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Square Dance Association 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 Square Dance Association 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about New Mexico Square Dance Association
Is New Mexico Square Dance Association a legitimate charity?
New Mexico Square Dance Association (EIN: 237454767) is a registered tax-exempt nonprofit based in New Mexico. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does New Mexico Square Dance Association spend its money?
New Mexico Square Dance Association reported its financials in IRS 990 filings. 10 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 Square Dance Association tax-deductible?
New Mexico Square Dance Association is registered as a tax-exempt nonprofit (EIN: 237454767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Square Dance Association located?
New Mexico Square Dance Association is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 237454767.
How many years of IRS 990 filings does New Mexico Square Dance Association have?
New Mexico Square Dance Association has 10 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 Square Dance Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), New Mexico Square Dance Association's revenue has declined by 44.7%, moving from $10K to $6K. Total assets decreased by 6.6% over the same period, from $45K to $42K. Total functional expenses fell by 56.6%, from $9K to $4K. In its most recent filing year (2021), New Mexico Square Dance Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $6K | $4K | $42K | $0 | — | View 990 |
| 2020 | $4K | $8K | $40K | $0 | — | — |
| 2019 | $11K | $17K | $44K | $0 | — | View 990 |
| 2018 | $9K | $6K | $50K | $0 | — | — |
| 2017 | $7K | $7K | $47K | $0 | — | View 990 |
| 2016 | $3K | $3K | $48K | $0 | — | View 990 |
| 2015 | $4K | $7K | $47K | $0 | — | View 990 |
| 2014 | $7K | $4K | $50K | $0 | — | View 990 |
| 2013 | $7K | $5K | $47K | $0 | — | View 990 |
| 2012 | $10K | $9K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $6K, expenses of $4K, and assets of $42K (revenue +38.1% year-over-year).
- 2020: Revenue of $4K, expenses of $8K, and assets of $40K (revenue -61.8% year-over-year).
- 2019: Revenue of $11K, expenses of $17K, and assets of $44K (revenue +25.2% year-over-year).
- 2018: Revenue of $9K, expenses of $6K, and assets of $50K (revenue +30.9% year-over-year).
- 2017: Revenue of $7K, expenses of $7K, and assets of $47K (revenue +107.1% year-over-year).
- 2016: Revenue of $3K, expenses of $3K, and assets of $48K (revenue -21.9% year-over-year).
- 2015: Revenue of $4K, expenses of $7K, and assets of $47K (revenue -41.8% year-over-year).
- 2014: Revenue of $7K, expenses of $4K, and assets of $50K (revenue -1.6% year-over-year).
- 2013: Revenue of $7K, expenses of $5K, and assets of $47K (revenue -31.0% year-over-year).
- 2012: Revenue of $10K, expenses of $9K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Square Dance Association:
Data Sources and Methodology
This transparency report for New Mexico Square Dance Association 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.