Santa Fe Community Yoga Center
Santa Fe Community Yoga Center faces recent operating deficits despite consistent revenue growth and zero officer compensation.
EIN: 202218965 · Santa Fe, NM · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $248K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $-61,931 |
| Transparency Score | 85/100 |
Is Santa Fe Community Yoga Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santa Fe Community Yoga Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santa Fe Community Yoga Center
Santa Fe Community Yoga Center (EIN: 202218965) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code P99. The organization reported total revenue of $234K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Fe Community Yoga Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santa Fe Community Yoga Center is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $248K |
| Surplus / Deficit | $-24,123 |
| Total Assets | $77K |
| Total Liabilities | $139K |
| Net Assets | $-61,931 |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 180.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: C
In 2023, Santa Fe Community Yoga Center reported a deficit of $24K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 180.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Santa Fe Community Yoga Center's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +20.3% | -23.9% |
| 2022 | +31.5% | +58.8% | +13.5% |
| 2021 | +28.3% | +2.2% | +0.3% |
| 2020 | -44.9% | -35.0% | +470.9% |
| 2019 | +18.7% | +31.3% | -24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 Yoga Center with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Santa Fe Community Yoga Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 180.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for an organization of its size with revenues reaching over $200,000.
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 Santa Fe Community Yoga Center's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (2022, 2023)
- Significant increase in liabilities from $5,740 in 2019 to $138,944 in 2023
- Decreasing net assets from $101,262 in 2022 to $77,013 in 2023
Strengths
The following positive indicators were identified for Santa Fe Community Yoga Center:
- Consistent 0% officer compensation, indicating highly efficient leadership
- Steady revenue growth over the past decade, from $95,765 in 2014 to $223,444 in 2023
- Strong commitment to mission with likely high program spending due to low overhead
Frequently Asked Questions about Santa Fe Community Yoga Center
Is Santa Fe Community Yoga Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Fe Community Yoga Center (EIN: 202218965) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Santa Fe Community Yoga Center spend its money?
Santa Fe Community Yoga Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Santa Fe Community Yoga Center tax-deductible?
Santa Fe Community Yoga Center is registered as a tax-exempt nonprofit (EIN: 202218965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Santa Fe Community Yoga Center CEO make?
Santa Fe Community Yoga Center's highest-compensated officer earns $200,000. annually. The organization reported $234K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Santa Fe Community Yoga Center's spending goes to programs?
Santa Fe Community Yoga Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Santa Fe Community Yoga Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Santa Fe Community Yoga Center is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santa Fe Community Yoga Center located?
Santa Fe Community Yoga Center is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 202218965. It is classified under NTEE code P99.
How many years of IRS 990 filings does Santa Fe Community Yoga Center have?
Santa Fe Community Yoga Center 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 $234K in total revenue.
Is Santa Fe Community Yoga Center financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenues in the last two reported periods (2023 and 2022), leading to a decrease in net assets and an increase in liabilities. This trend suggests potential sustainability challenges if not addressed.
What caused the significant increase in liabilities from $5,740 in 2019 to $138,944 in 2023?
The provided data does not specify the nature of these liabilities, but such a substantial increase warrants further investigation to understand the organization's financial obligations.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation indicates a strong reliance on volunteer leadership, which significantly reduces administrative overhead and allows more funds to be directed towards programs.
Filing History
IRS 990 filing history for Santa Fe Community Yoga Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Santa Fe Community Yoga Center's revenue has grown by 682.7%, moving from $29K to $223K. Total assets increased by 602% over the same period, from $11K to $77K. Total functional expenses rose by 659.8%, from $33K to $248K. In its most recent filing year (2023), Santa Fe Community Yoga Center reported a deficit of $24K, with expenses exceeding revenue. The organization holds $139K in liabilities against $77K in assets (debt-to-asset ratio: 180.4%), resulting in net assets of $-61,931.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $248K | $77K | $139K | — | — |
| 2022 | $176K | $206K | $101K | $139K | — | View 990 |
| 2021 | $134K | $130K | $89K | $97K | — | View 990 |
| 2020 | $104K | $127K | $89K | $101K | — | View 990 |
| 2019 | $189K | $195K | $16K | $6K | — | View 990 |
| 2018 | $159K | $149K | $21K | $5K | — | View 990 |
| 2017 | $115K | $124K | $13K | $9K | — | View 990 |
| 2016 | $123K | $117K | $15K | $2K | — | View 990 |
| 2015 | $98K | $108K | $15K | $6K | — | View 990 |
| 2014 | $96K | $90K | $19K | $326 | — | View 990 |
| 2013 | $66K | $61K | $13K | $174 | — | View 990 |
| 2012 | $46K | $50K | $9K | $1K | — | View 990 |
| 2011 | $29K | $33K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $248K, and assets of $77K (revenue +26.9% year-over-year).
- 2022: Revenue of $176K, expenses of $206K, and assets of $101K (revenue +31.5% year-over-year).
- 2021: Revenue of $134K, expenses of $130K, and assets of $89K (revenue +28.3% year-over-year).
- 2020: Revenue of $104K, expenses of $127K, and assets of $89K (revenue -44.9% year-over-year).
- 2019: Revenue of $189K, expenses of $195K, and assets of $16K (revenue +18.7% year-over-year).
- 2018: Revenue of $159K, expenses of $149K, and assets of $21K (revenue +38.7% year-over-year).
- 2017: Revenue of $115K, expenses of $124K, and assets of $13K (revenue -6.3% year-over-year).
- 2016: Revenue of $123K, expenses of $117K, and assets of $15K (revenue +24.6% year-over-year).
- 2015: Revenue of $98K, expenses of $108K, and assets of $15K (revenue +2.7% year-over-year).
- 2014: Revenue of $96K, expenses of $90K, and assets of $19K (revenue +45.9% year-over-year).
- 2013: Revenue of $66K, expenses of $61K, and assets of $13K (revenue +41.5% year-over-year).
- 2012: Revenue of $46K, expenses of $50K, and assets of $9K (revenue +62.5% year-over-year).
- 2011: Revenue of $29K, expenses of $33K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santa Fe Community Yoga Center:
Data Sources and Methodology
This transparency report for Santa Fe Community Yoga Center 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.