Rio Grande Agricultural Land Tr
EIN: 742854002 · Albuquerque, NM · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $408K |
| Total Expenses | $323K |
| Net Assets | $825K |
Is Rio Grande Agricultural Land Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rio Grande Agricultural Land Tr
Rio Grande Agricultural Land Tr (EIN: 742854002) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code K20. The organization reported total revenue of $408K and total assets of $926K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rio Grande Agricultural Land Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rio Grande Agricultural Land Tr is a small nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $373K |
| Total Expenses | $323K |
| Surplus / Deficit | +$51K |
| Total Assets | $852K |
| Total Liabilities | $27K |
| Net Assets | $825K |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 31.7 months |
Financial Health Grade: A
In 2023, Rio Grande Agricultural Land Tr reported a surplus of $51K with revenue exceeding expenses, holds 31.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Rio Grande Agricultural Land Tr's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +13.8% | +9.4% |
| 2022 | +125.0% | +53.2% | +17.7% |
| 2021 | -64.4% | +12.5% | -5.8% |
| 2020 | +90.1% | -18.9% | +78.1% |
| 2019 | +50.1% | +6.0% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rio Grande Agricultural Land Tr 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 Rio Grande Agricultural Land Tr 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 surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Rio Grande Agricultural Land Tr
Is Rio Grande Agricultural Land Tr a legitimate charity?
Rio Grande Agricultural Land Tr (EIN: 742854002) is a registered tax-exempt nonprofit based in New Mexico. It has 11 years of IRS 990 filings on record. Total revenue: $408K. No red flags identified. Financial health grade: A.
How does Rio Grande Agricultural Land Tr spend its money?
Rio Grande Agricultural Land Tr reported $408K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rio Grande Agricultural Land Tr tax-deductible?
Rio Grande Agricultural Land Tr is registered as a tax-exempt nonprofit (EIN: 742854002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rio Grande Agricultural Land Tr located?
Rio Grande Agricultural Land Tr is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 742854002. It is classified under NTEE code K20.
How many years of IRS 990 filings does Rio Grande Agricultural Land Tr have?
Rio Grande Agricultural Land Tr has 11 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 $408K in total revenue.
Filing History
IRS 990 filing history for Rio Grande Agricultural Land Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Rio Grande Agricultural Land Tr's revenue has grown by 139.9%, moving from $156K to $373K. Total assets increased by 820.5% over the same period, from $93K to $852K. Total functional expenses rose by 140.9%, from $134K to $323K. In its most recent filing year (2023), Rio Grande Agricultural Land Tr reported a surplus of $51K, with revenue exceeding expenses. The organization holds $27K in liabilities against $852K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $825K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $373K | $323K | $852K | $27K | — | View 990 |
| 2022 | $373K | $284K | $778K | $4K | — | View 990 |
| 2021 | $166K | $185K | $661K | $8K | — | View 990 |
| 2020 | $466K | $164K | $702K | $29K | — | — |
| 2019 | $245K | $203K | $394K | $9K | — | View 990 |
| 2018 | $163K | $191K | $346K | $3K | — | View 990 |
| 2017 | $154K | $181K | $371K | $0 | — | View 990 |
| 2016 | $224K | $200K | $398K | $0 | — | View 990 |
| 2015 | $205K | $138K | $373K | $0 | — | View 990 |
| 2014 | $95K | $123K | $286K | $0 | — | View 990 |
| 2013 | $156K | $134K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $373K, expenses of $323K, and assets of $852K (revenue +0.1% year-over-year).
- 2022: Revenue of $373K, expenses of $284K, and assets of $778K (revenue +125.0% year-over-year).
- 2021: Revenue of $166K, expenses of $185K, and assets of $661K (revenue -64.4% year-over-year).
- 2020: Revenue of $466K, expenses of $164K, and assets of $702K (revenue +90.1% year-over-year).
- 2019: Revenue of $245K, expenses of $203K, and assets of $394K (revenue +50.1% year-over-year).
- 2018: Revenue of $163K, expenses of $191K, and assets of $346K (revenue +5.7% year-over-year).
- 2017: Revenue of $154K, expenses of $181K, and assets of $371K (revenue -31.1% year-over-year).
- 2016: Revenue of $224K, expenses of $200K, and assets of $398K (revenue +9.6% year-over-year).
- 2015: Revenue of $205K, expenses of $138K, and assets of $373K (revenue +116.3% year-over-year).
- 2014: Revenue of $95K, expenses of $123K, and assets of $286K (revenue -39.3% year-over-year).
- 2013: Revenue of $156K, expenses of $134K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rio Grande Agricultural Land Tr:
Data Sources and Methodology
This transparency report for Rio Grande Agricultural Land Tr 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.