Sandoval County Economic Development Foundation Inc
Sandoval County Economic Development Foundation Inc shows no recent financial activity after 2013 filing.
EIN: 201554179 · Rio Rancho, NM · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $53K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $69,012 |
| Net Assets | $49K |
| Transparency Score | 60/100 |
Is Sandoval County Economic Development Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sandoval County Economic Development Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sandoval County Economic Development Foundation Inc
Sandoval County Economic Development Foundation Inc (EIN: 201554179) is a nonprofit organization based in Rio Rancho, NM, classified under NTEE code S30. 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 Sandoval County Economic Development Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sandoval County Economic Development Foundation Inc is a micro nonprofit that has been operating for 19 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $53K |
| Surplus / Deficit | +$16K |
| Total Assets | $49K |
| Net Assets | $49K |
| Operating Margin | 23.5% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2013, Sandoval County Economic Development Foundation Inc reported a surplus of $16K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sandoval County Economic Development Foundation Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sandoval County Economic Development Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2013 filing, which is appropriate for an organization of its size with $69,012 in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sandoval County Economic Development Foundation Inc's IRS 990 filings:
- No recent financial activity reported since 2013
- Latest revenue and assets reported as $0, indicating potential inactivity
Strengths
The following positive indicators were identified for Sandoval County Economic Development Foundation Inc:
- Zero officer compensation reported in 2013 filing
- Strong program spending ratio (75%) in 2013
- Positive net income in 2013 ($69,012 revenue vs. $52,788 expenses)
Frequently Asked Questions about Sandoval County Economic Development Foundation Inc
Is Sandoval County Economic Development Foundation Inc a legitimate charity?
Sandoval County Economic Development Foundation Inc (EIN: 201554179) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 60/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sandoval County Economic Development Foundation Inc spend its money?
Sandoval County Economic Development Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sandoval County Economic Development Foundation Inc tax-deductible?
Sandoval County Economic Development Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201554179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sandoval County Economic Development Foundation Inc CEO make?
Sandoval County Economic Development Foundation Inc's highest-compensated officer earns $69,012 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sandoval County Economic Development Foundation Inc's spending goes to programs?
Sandoval County Economic Development Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sandoval County Economic Development Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Sandoval County Economic Development Foundation Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sandoval County Economic Development Foundation Inc located?
Sandoval County Economic Development Foundation Inc is headquartered in Rio Rancho, New Mexico and files with the IRS under EIN 201554179. It is classified under NTEE code S30.
Is Sandoval County Economic Development Foundation Inc currently active?
Based on the provided data showing $0 in latest revenue and assets, it is unclear if the organization is currently active. The most recent financial activity reported is from 2013.
What are the specific programs funded by the organization?
The provided IRS 990 data does not detail specific programs, only the percentage of spending allocated to programs (75% in 2013).
Why is there such a significant gap in financial reporting?
The provided data only includes one filing from 2013 and then states $0 for latest revenue and assets, suggesting a lack of more recent public filings or activity. The reason for this gap is not specified in the data.
Filing History
IRS 990 filing history for Sandoval County Economic Development Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2013), Sandoval County Economic Development Foundation Inc reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $69K | $53K | $49K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sandoval County Economic Development Foundation Inc:
Data Sources and Methodology
This transparency report for Sandoval County Economic Development Foundation 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.