Penasco Valley Historical Preservation Society
EIN: 871266382 · Penasco, NM · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $83K |
| Net Assets | $179K |
Is Penasco Valley Historical Preservation Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Penasco Valley Historical Preservation Society
Penasco Valley Historical Preservation Society (EIN: 871266382) is a nonprofit organization based in Penasco, NM, classified under NTEE code A54. The organization reported total revenue of $344K and total assets of $519K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penasco Valley Historical Preservation Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penasco Valley Historical Preservation Society is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $83K |
| Surplus / Deficit | $-24,854 |
| Total Assets | $203K |
| Total Liabilities | $25K |
| Net Assets | $179K |
| Operating Margin | -42.7% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 29.4 months |
Financial Health Grade: B
In 2023, Penasco Valley Historical Preservation Society reported a deficit of $25K with expenses exceeding revenue, holds 29.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Penasco Valley Historical Preservation Society's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.0% | +1516.0% | -5.2% |
| 2022 | +112.2% | +5426.9% | +221.5% |
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 Penasco Valley Historical Preservation Society 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 Penasco Valley Historical Preservation Society 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Penasco Valley Historical Preservation Society
Is Penasco Valley Historical Preservation Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Penasco Valley Historical Preservation Society (EIN: 871266382) insufficient data. 0 red flags identified, 0 strengths noted.
How does Penasco Valley Historical Preservation Society spend its money?
Detailed spending breakdown data is not yet available for Penasco Valley Historical Preservation Society. Check back for updated IRS 990 analysis.
Are donations to Penasco Valley Historical Preservation Society tax-deductible?
Penasco Valley Historical Preservation Society is registered as a tax-exempt nonprofit (EIN: 871266382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Penasco Valley Historical Preservation Society located?
Penasco Valley Historical Preservation Society is headquartered in Penasco, New Mexico and files with the IRS under EIN 871266382. It is classified under NTEE code A54.
How many years of IRS 990 filings does Penasco Valley Historical Preservation Society have?
Penasco Valley Historical Preservation Society has 3 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 $344K in total revenue.
Filing History
IRS 990 filing history for Penasco Valley Historical Preservation Society showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Penasco Valley Historical Preservation Society's revenue has declined by 12.9%, moving from $67K to $58K. Total assets increased by 204.8% over the same period, from $67K to $203K. Total functional expenses rose by 89211.8%, from $93 to $83K. In its most recent filing year (2023), Penasco Valley Historical Preservation Society reported a deficit of $25K, with expenses exceeding revenue. The organization holds $25K in liabilities against $203K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $179K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $83K | $203K | $25K | — | View 990 |
| 2022 | $142K | $5K | $215K | $11K | — | View 990 |
| 2021 | $67K | $93 | $67K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $83K, and assets of $203K (revenue -59.0% year-over-year).
- 2022: Revenue of $142K, expenses of $5K, and assets of $215K (revenue +112.2% year-over-year).
- 2021: Revenue of $67K, expenses of $93, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penasco Valley Historical Preservation Society:
Data Sources and Methodology
This transparency report for Penasco Valley Historical Preservation Society 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.