New Mexico Venture Capital Association
New Mexico Venture Capital Association reports no revenue or assets in its latest filing.
EIN: 161708323 · Albuquerque, NM · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is New Mexico Venture Capital Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Mexico Venture Capital Association
New Mexico Venture Capital Association (EIN: 161708323) is a nonprofit organization based in Albuquerque, NM, 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 Venture Capital Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Mexico Venture Capital Association with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New Mexico Venture Capital Association allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
With $0 in reported revenue and assets, there is no executive compensation reported, indicating either a volunteer-run organization or one that has not yet commenced significant operations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Mexico Venture Capital Association's IRS 990 filings:
- No reported revenue or assets, indicating potential inactivity or very early stage.
Strengths
The following positive indicators were identified for New Mexico Venture Capital Association:
- No reported liabilities, consistent with zero assets and revenue.
Frequently Asked Questions about New Mexico Venture Capital Association
Is New Mexico Venture Capital Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mexico Venture Capital Association (EIN: 161708323) some concerns. Mission Score: 50/100. 1 red flag identified, 1 strength noted.
How does New Mexico Venture Capital Association spend its money?
Detailed spending breakdown data is not yet available for New Mexico Venture Capital Association. Check back for updated IRS 990 analysis.
Are donations to New Mexico Venture Capital Association tax-deductible?
New Mexico Venture Capital Association is registered as a tax-exempt nonprofit (EIN: 161708323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Mexico Venture Capital Association CEO make?
New Mexico Venture Capital Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does New Mexico Venture Capital Association compare to similar nonprofits?
With a transparency score of 50/100 (Fair), New Mexico Venture Capital Association is near average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Mexico Venture Capital Association located?
New Mexico Venture Capital Association is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 161708323. It is classified under NTEE code S41.
Is the New Mexico Venture Capital Association actively operating?
Based on the latest IRS 990 data showing $0 in revenue and assets, it appears the organization may not be actively operating or has not yet begun significant financial activities.
How does the NMVCA fund its operations?
The latest filing indicates $0 in revenue, suggesting that the organization is not currently receiving funding or has not reported any financial inflows.
Data Sources and Methodology
This transparency report for New Mexico Venture Capital 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.