Richard L And Claire A Gantos Charitable Foundation
EIN: 382889548 · Santa Fe, NM
| Metric | Value |
|---|---|
| Total Revenue | $933 |
| Total Expenses | $38K |
| Net Assets | $165K |
Is Richard L And Claire A Gantos Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richard L And Claire A Gantos Charitable Foundation
Richard L And Claire A Gantos Charitable Foundation (EIN: 382889548) is a nonprofit organization based in Santa Fe, NM. The organization reported total revenue of $933 and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard L And Claire A Gantos Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard L And Claire A Gantos Charitable Foundation is a micro nonprofit that has been operating for 37 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $38K |
| Surplus / Deficit | $-34,545 |
| Total Assets | $165K |
| Total Liabilities | $1 |
| Net Assets | $165K |
| Operating Margin | -1160.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.6 months |
Financial Health Grade: B
In 2015, Richard L And Claire A Gantos Charitable Foundation reported a deficit of $35K with expenses exceeding revenue, holds 52.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Richard L And Claire A Gantos Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -2.9% | -39.9% | -15.0% |
| 2014 | +10.9% | +0.3% | -21.3% |
| 2013 | +4.9% | +0.2% | -16.8% |
| 2012 | -5.8% | +0.1% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Richard L And Claire A Gantos Charitable Foundation 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 Richard L And Claire A Gantos Charitable Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Richard L And Claire A Gantos Charitable Foundation
Is Richard L And Claire A Gantos Charitable Foundation a legitimate charity?
Richard L And Claire A Gantos Charitable Foundation (EIN: 382889548) is a registered tax-exempt nonprofit based in New Mexico. It has 5 years of IRS 990 filings on record. Total revenue: $933. No red flags identified. Financial health grade: B.
How does Richard L And Claire A Gantos Charitable Foundation spend its money?
Richard L And Claire A Gantos Charitable Foundation reported $933 in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Richard L And Claire A Gantos Charitable Foundation tax-deductible?
Richard L And Claire A Gantos Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 382889548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Richard L And Claire A Gantos Charitable Foundation located?
Richard L And Claire A Gantos Charitable Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 382889548.
How many years of IRS 990 filings does Richard L And Claire A Gantos Charitable Foundation have?
Richard L And Claire A Gantos Charitable Foundation has 5 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 $933 in total revenue.
Filing History
IRS 990 filing history for Richard L And Claire A Gantos Charitable Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Richard L And Claire A Gantos Charitable Foundation's revenue has grown by 6.4%, moving from $3K to $3K. Total assets decreased by 52.1% over the same period, from $343K to $165K. Total functional expenses fell by 39.6%, from $62K to $38K. In its most recent filing year (2015), Richard L And Claire A Gantos Charitable Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $165K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3K | $38K | $165K | $1 | — | View 990 |
| 2014 | $3K | $62K | $194K | $1 | — | View 990 |
| 2013 | $3K | $62K | $246K | $1 | — | View 990 |
| 2012 | $3K | $62K | $296K | $1 | — | View 990 |
| 2011 | $3K | $62K | $343K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3K, expenses of $38K, and assets of $165K (revenue -2.9% year-over-year).
- 2014: Revenue of $3K, expenses of $62K, and assets of $194K (revenue +10.9% year-over-year).
- 2013: Revenue of $3K, expenses of $62K, and assets of $246K (revenue +4.9% year-over-year).
- 2012: Revenue of $3K, expenses of $62K, and assets of $296K (revenue -5.8% year-over-year).
- 2011: Revenue of $3K, expenses of $62K, and assets of $343K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard L And Claire A Gantos Charitable Foundation:
Data Sources and Methodology
This transparency report for Richard L And Claire A Gantos Charitable Foundation 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.