Santa Fe Community College Foundation
Santa Fe Community College Foundation shows strong asset growth and no officer compensation.
EIN: 201594570 · Santa Fe, NM · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $16.3M |
| Transparency Score | 92/100 |
Is Santa Fe Community College Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santa Fe Community College Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santa Fe Community College Foundation
Santa Fe Community College Foundation (EIN: 201594570) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code B11. The organization reported total revenue of $3.6M and total assets of $20.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Fe Community College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santa Fe Community College Foundation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$4.0M |
| Total Assets | $16.3M |
| Net Assets | $16.3M |
| Operating Margin | 69.2% |
| Months of Reserves | 110.3 months |
Financial Health Grade: A
In 2023, Santa Fe Community College Foundation reported a surplus of $4.0M with revenue exceeding expenses, holds 110.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Santa Fe Community College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +122.2% | -1.5% | +38.3% |
| 2022 | +87.6% | +42.6% | -4.1% |
| 2021 | -18.7% | -5.4% | +23.2% |
| 2020 | +0.0% | -11.9% | -4.6% |
| 2019 | -0.2% | +8.9% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Santa Fe Community College Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Santa Fe Community College Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.0M, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to its mission.
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.
Strengths
The following positive indicators were identified for Santa Fe Community College Foundation:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Significant and consistent asset growth, from $7.2 million in 2014 to $16.2 million in 2023.
- Strong revenue growth, particularly a jump from $2.5 million in 2022 to $5.7 million in 2023.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Low liabilities relative to assets in most periods, indicating financial stability.
Frequently Asked Questions about Santa Fe Community College Foundation
Is Santa Fe Community College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Fe Community College Foundation (EIN: 201594570) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Santa Fe Community College Foundation spend its money?
Santa Fe Community College Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Santa Fe Community College Foundation tax-deductible?
Santa Fe Community College Foundation is registered as a tax-exempt nonprofit (EIN: 201594570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Santa Fe Community College Foundation's spending goes to programs?
Santa Fe Community College Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Santa Fe Community College Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Santa Fe Community College Foundation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santa Fe Community College Foundation located?
Santa Fe Community College Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 201594570. It is classified under NTEE code B11.
How many years of IRS 990 filings does Santa Fe Community College Foundation have?
Santa Fe Community College Foundation has 13 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 $3.6M in total revenue.
Is Santa Fe Community College Foundation a good charity?
Based on the provided data, the Santa Fe Community College Foundation appears to be a very good charity. It demonstrates strong financial growth, significant asset accumulation, and a consistent record of 0% officer compensation, suggesting efficient use of funds for its mission.
How has the foundation's revenue trended over the past few years?
The foundation's revenue has shown significant growth, especially in recent years. It increased from $1.3 million in 2021 to $2.5 million in 2022, and then dramatically to $5.7 million in 2023, indicating strong fundraising or investment performance.
What is the organization's asset growth like?
The organization has experienced substantial asset growth, more than doubling its assets from $7.2 million in 2014 to $16.2 million in 2023, demonstrating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Santa Fe Community College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Santa Fe Community College Foundation's revenue has grown by 505.7%, moving from $949K to $5.7M. Total assets increased by 147.6% over the same period, from $6.6M to $16.3M. Total functional expenses rose by 218.8%, from $556K to $1.8M. In its most recent filing year (2023), Santa Fe Community College Foundation reported a surplus of $4.0M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $1.8M | $16.3M | $0 | — | — |
| 2022 | $2.6M | $1.8M | $11.8M | $273K | — | View 990 |
| 2021 | $1.4M | $1.3M | $12.3M | $254K | — | — |
| 2020 | $1.7M | $1.3M | $10.0M | $141K | — | — |
| 2019 | $1.7M | $1.5M | $10.4M | $575K | — | View 990 |
| 2018 | $1.7M | $1.4M | $9.9M | $165K | — | View 990 |
| 2017 | $2.2M | $1.3M | $9.8M | $608K | — | View 990 |
| 2016 | $2.3M | $1.1M | $8.8M | $146K | — | View 990 |
| 2015 | $2.1M | $593K | $8.1M | $118K | — | View 990 |
| 2014 | $878K | $525K | $7.2M | $489K | — | View 990 |
| 2013 | $840K | $719K | $6.7M | $656K | — | View 990 |
| 2012 | $610K | $814K | $6.3M | $612K | — | View 990 |
| 2011 | $949K | $556K | $6.6M | $484K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $1.8M, and assets of $16.3M (revenue +122.2% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.8M, and assets of $11.8M (revenue +87.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $12.3M (revenue -18.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.3M, and assets of $10.0M (revenue +0.0% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $10.4M (revenue -0.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $9.9M (revenue -22.6% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.3M, and assets of $9.8M (revenue -4.7% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.1M, and assets of $8.8M (revenue +9.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $593K, and assets of $8.1M (revenue +140.2% year-over-year).
- 2014: Revenue of $878K, expenses of $525K, and assets of $7.2M (revenue +4.4% year-over-year).
- 2013: Revenue of $840K, expenses of $719K, and assets of $6.7M (revenue +37.8% year-over-year).
- 2012: Revenue of $610K, expenses of $814K, and assets of $6.3M (revenue -35.7% year-over-year).
- 2011: Revenue of $949K, expenses of $556K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santa Fe Community College Foundation:
Data Sources and Methodology
This transparency report for Santa Fe Community College 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.