Saffron Strand Inc
EIN: 300562725 · Albuquerque, NM · NTEE: P85
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $4K |
Is Saffron Strand Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saffron Strand Inc
Saffron Strand Inc (EIN: 300562725) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code P85. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saffron Strand Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saffron Strand Inc is a micro nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -19.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $3K |
| Surplus / Deficit | +$976 |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | 23.0% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2021, Saffron Strand Inc reported a surplus of $976 with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Saffron Strand Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +69.5% | -9.2% | +28.8% |
| 2019 | -100.4% | +19.1% | -82.7% |
| 2018 | -81.0% | -46.8% | -51.3% |
| 2017 | -51.7% | +15.7% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saffron Strand 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 Saffron Strand 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $976, with revenue exceeding expenses.
Frequently Asked Questions about Saffron Strand Inc
Is Saffron Strand Inc a legitimate charity?
Saffron Strand Inc (EIN: 300562725) is a registered tax-exempt nonprofit based in New Mexico. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Saffron Strand Inc spend its money?
Saffron Strand Inc reported its financials 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 Saffron Strand Inc tax-deductible?
Saffron Strand Inc is registered as a tax-exempt nonprofit (EIN: 300562725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saffron Strand Inc located?
Saffron Strand Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 300562725. It is classified under NTEE code P85.
How many years of IRS 990 filings does Saffron Strand Inc have?
Saffron Strand Inc 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.
Filing History
IRS 990 filing history for Saffron Strand Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Saffron Strand Inc's revenue has declined by 88.4%, moving from $37K to $4K. Total assets decreased by 62.9% over the same period, from $12K to $4K. Total functional expenses fell by 90.4%, from $34K to $3K. In its most recent filing year (2021), Saffron Strand Inc reported a surplus of $976, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4K | $3K | $4K | $0 | — | View 990 |
| 2020 | $3K | $4K | $3K | $0 | — | — |
| 2019 | $-24 | $21K | $4K | $0 | — | View 990 |
| 2018 | $6K | $18K | $26K | $0 | — | View 990 |
| 2017 | $34K | $34K | $53K | $0 | — | View 990 |
| 2016 | $70K | $29K | $53K | $0 | — | — |
| 2015 | $33K | $31K | $13K | $0 | — | View 990 |
| 2014 | $39K | $35K | $11K | $0 | — | View 990 |
| 2013 | $25K | $25K | $7K | $0 | — | View 990 |
| 2012 | $24K | $29K | $7K | $0 | — | View 990 |
| 2011 | $37K | $34K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4K, expenses of $3K, and assets of $4K (revenue +69.5% year-over-year).
- 2020: Revenue of $3K, expenses of $4K, and assets of $3K.
- 2019: Revenue of $-24, expenses of $21K, and assets of $4K (revenue -100.4% year-over-year).
- 2018: Revenue of $6K, expenses of $18K, and assets of $26K (revenue -81.0% year-over-year).
- 2017: Revenue of $34K, expenses of $34K, and assets of $53K (revenue -51.7% year-over-year).
- 2016: Revenue of $70K, expenses of $29K, and assets of $53K (revenue +111.5% year-over-year).
- 2015: Revenue of $33K, expenses of $31K, and assets of $13K (revenue -15.6% year-over-year).
- 2014: Revenue of $39K, expenses of $35K, and assets of $11K (revenue +59.3% year-over-year).
- 2013: Revenue of $25K, expenses of $25K, and assets of $7K (revenue +3.4% year-over-year).
- 2012: Revenue of $24K, expenses of $29K, and assets of $7K (revenue -35.1% year-over-year).
- 2011: Revenue of $37K, expenses of $34K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saffron Strand Inc:
Data Sources and Methodology
This transparency report for Saffron Strand 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.