Portales Main Street Program
EIN: 731651058 · Portales, NM · NTEE: S20
Is Portales Main Street Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portales Main Street Program
Portales Main Street Program (EIN: 731651058) is a nonprofit organization based in Portales, NM, classified under NTEE code S20. The organization reported total revenue of $10K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portales Main Street Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Portales Main Street Program 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 Portales Main Street Program 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.
Frequently Asked Questions about Portales Main Street Program
Is Portales Main Street Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Portales Main Street Program (EIN: 731651058) insufficient data. 0 red flags identified, 0 strengths noted.
How does Portales Main Street Program spend its money?
Detailed spending breakdown data is not yet available for Portales Main Street Program. Check back for updated IRS 990 analysis.
Are donations to Portales Main Street Program tax-deductible?
Portales Main Street Program is registered as a tax-exempt nonprofit (EIN: 731651058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Portales Main Street Program showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Portales Main Street Program's revenue has declined by 26.7%, moving from $13K to $10K. Total assets increased by 41.5% over the same period, from $33K to $47K. Total functional expenses fell by 21.6%, from $13K to $10K. In its most recent filing year (2020), Portales Main Street Program reported a deficit of $147, with expenses exceeding revenue. The organization holds $817 in liabilities against $47K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $10K | $10K | $47K | $817 | — | View 990 |
| 2019 | $30K | $25K | $47K | $1K | — | View 990 |
| 2018 | $53K | $57K | $42K | $1K | — | — |
| 2017 | $76K | $79K | $47K | $2K | — | View 990 |
| 2016 | $109K | $117K | $48K | $0 | — | View 990 |
| 2015 | $64K | $62K | $55K | $0 | — | View 990 |
| 2014 | $60K | $38K | $54K | $0 | — | View 990 |
| 2013 | $19K | $20K | $32K | $0 | — | View 990 |
| 2012 | $13K | $13K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $10K, expenses of $10K, and assets of $47K (revenue -67.2% year-over-year).
- 2019: Revenue of $30K, expenses of $25K, and assets of $47K (revenue -42.9% year-over-year).
- 2018: Revenue of $53K, expenses of $57K, and assets of $42K (revenue -30.9% year-over-year).
- 2017: Revenue of $76K, expenses of $79K, and assets of $47K (revenue -30.3% year-over-year).
- 2016: Revenue of $109K, expenses of $117K, and assets of $48K (revenue +70.8% year-over-year).
- 2015: Revenue of $64K, expenses of $62K, and assets of $55K (revenue +6.6% year-over-year).
- 2014: Revenue of $60K, expenses of $38K, and assets of $54K (revenue +219.3% year-over-year).
- 2013: Revenue of $19K, expenses of $20K, and assets of $32K (revenue +39.7% year-over-year).
- 2012: Revenue of $13K, expenses of $13K, and assets of $33K.
Data Sources and Methodology
This transparency report for Portales Main Street Program 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.