New Wind Inc
EIN: 261842145 · Las Cruces, NM · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $230K |
| Net Assets | $934K |
Is New Wind Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Wind Inc
New Wind Inc (EIN: 261842145) is a nonprofit organization based in Las Cruces, NM, classified under NTEE code X21. The organization reported total revenue of $271K and total assets of $823K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Wind Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Wind Inc is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 24.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $646K |
| Total Expenses | $230K |
| Surplus / Deficit | +$416K |
| Total Assets | $936K |
| Total Liabilities | $2K |
| Net Assets | $934K |
| Operating Margin | 64.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 48.8 months |
Financial Health Grade: A
In 2022, New Wind Inc reported a surplus of $416K with revenue exceeding expenses, holds 48.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 9 years of filings (2014–2022), New Wind Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +191.2% | +21.6% | +61.3% |
| 2021 | +39.1% | +39.9% | +18.9% |
| 2020 | +29.5% | -21.8% | +5.3% |
| 2019 | -77.2% | +60.2% | -9.6% |
| 2018 | +319.5% | -17.9% | +537.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Wind Inc 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 Wind Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $416K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about New Wind Inc
Is New Wind Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Wind Inc (EIN: 261842145) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Wind Inc spend its money?
Detailed spending breakdown data is not yet available for New Wind Inc. Check back for updated IRS 990 analysis.
Are donations to New Wind Inc tax-deductible?
New Wind Inc is registered as a tax-exempt nonprofit (EIN: 261842145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Wind Inc located?
New Wind Inc is headquartered in Las Cruces, New Mexico and files with the IRS under EIN 261842145. It is classified under NTEE code X21.
How many years of IRS 990 filings does New Wind Inc have?
New Wind Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $271K in total revenue.
Filing History
IRS 990 filing history for New Wind Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), New Wind Inc's revenue has grown by 491.7%, moving from $109K to $646K. Total assets increased by 1237.3% over the same period, from $70K to $936K. Total functional expenses rose by 462%, from $41K to $230K. In its most recent filing year (2022), New Wind Inc reported a surplus of $416K, with revenue exceeding expenses. The organization holds $2K in liabilities against $936K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $934K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $646K | $230K | $936K | $2K | — | View 990 |
| 2021 | $222K | $189K | $580K | $62K | — | View 990 |
| 2020 | $159K | $135K | $488K | $2K | — | View 990 |
| 2019 | $123K | $173K | $464K | $2K | — | View 990 |
| 2018 | $541K | $108K | $513K | $1K | — | View 990 |
| 2017 | $129K | $132K | $81K | $2K | — | View 990 |
| 2016 | $202K | $190K | $83K | $2K | — | View 990 |
| 2015 | $82K | $82K | $71K | $780 | — | View 990 |
| 2014 | $109K | $41K | $70K | $215 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $646K, expenses of $230K, and assets of $936K (revenue +191.2% year-over-year).
- 2021: Revenue of $222K, expenses of $189K, and assets of $580K (revenue +39.1% year-over-year).
- 2020: Revenue of $159K, expenses of $135K, and assets of $488K (revenue +29.5% year-over-year).
- 2019: Revenue of $123K, expenses of $173K, and assets of $464K (revenue -77.2% year-over-year).
- 2018: Revenue of $541K, expenses of $108K, and assets of $513K (revenue +319.5% year-over-year).
- 2017: Revenue of $129K, expenses of $132K, and assets of $81K (revenue -36.2% year-over-year).
- 2016: Revenue of $202K, expenses of $190K, and assets of $83K (revenue +145.6% year-over-year).
- 2015: Revenue of $82K, expenses of $82K, and assets of $71K (revenue -24.5% year-over-year).
- 2014: Revenue of $109K, expenses of $41K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Wind Inc:
Data Sources and Methodology
This transparency report for New Wind Inc 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.