Search And Rescue Taos Inc
EIN: 464061904 · Taos, NM · NTEE: M23
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $38K |
| Net Assets | $226K |
Is Search And Rescue Taos Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Search And Rescue Taos Inc
Search And Rescue Taos Inc (EIN: 464061904) is a nonprofit organization based in Taos, NM, classified under NTEE code M23. The organization reported total revenue of $69K and total assets of $384K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Search And Rescue Taos Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Search And Rescue Taos Inc is a micro nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $38K |
| Surplus / Deficit | +$40K |
| Total Assets | $371K |
| Total Liabilities | $145K |
| Net Assets | $226K |
| Operating Margin | 51.3% |
| Debt-to-Asset Ratio | 39.0% |
| Months of Reserves | 118.3 months |
Financial Health Grade: A
In 2023, Search And Rescue Taos Inc reported a surplus of $40K with revenue exceeding expenses, holds 118.3 months of operating reserves (strong position), has a debt-to-asset ratio of 39.0% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Search And Rescue Taos Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.5% | +18.9% | +98.6% |
| 2022 | +4.0% | -8.1% | +18.7% |
| 2021 | +7.6% | -7.2% | +29.5% |
| 2019 | +35.7% | -5.9% | +16.8% |
| 2018 | +46.5% | +283.4% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Search And Rescue Taos 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 Search And Rescue Taos 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.0%.
Frequently Asked Questions about Search And Rescue Taos Inc
Is Search And Rescue Taos Inc a legitimate charity?
Search And Rescue Taos Inc (EIN: 464061904) is a registered tax-exempt nonprofit based in New Mexico. It has 8 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: A.
How does Search And Rescue Taos Inc spend its money?
Search And Rescue Taos Inc reported $69K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Search And Rescue Taos Inc tax-deductible?
Search And Rescue Taos Inc is registered as a tax-exempt nonprofit (EIN: 464061904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Search And Rescue Taos Inc located?
Search And Rescue Taos Inc is headquartered in Taos, New Mexico and files with the IRS under EIN 464061904. It is classified under NTEE code M23.
How many years of IRS 990 filings does Search And Rescue Taos Inc have?
Search And Rescue Taos Inc has 8 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 $69K in total revenue.
Filing History
IRS 990 filing history for Search And Rescue Taos Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Search And Rescue Taos Inc's revenue has declined by 38.9%, moving from $126K to $77K. Total assets increased by 253.2% over the same period, from $105K to $371K. Total functional expenses fell by 13.4%, from $43K to $38K. In its most recent filing year (2023), Search And Rescue Taos Inc reported a surplus of $40K, with revenue exceeding expenses. The organization holds $145K in liabilities against $371K in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $226K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $38K | $371K | $145K | — | — |
| 2022 | $61K | $32K | $187K | $0 | — | View 990 |
| 2021 | $59K | $34K | $157K | $0 | — | — |
| 2019 | $55K | $37K | $121K | $0 | — | View 990 |
| 2018 | $40K | $39K | $104K | $0 | — | View 990 |
| 2017 | $27K | $10K | $103K | $0 | — | View 990 |
| 2017 | $27K | $46K | $86K | $0 | — | View 990 |
| 2016 | $126K | $43K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $38K, and assets of $371K (revenue +26.5% year-over-year).
- 2022: Revenue of $61K, expenses of $32K, and assets of $187K (revenue +4.0% year-over-year).
- 2021: Revenue of $59K, expenses of $34K, and assets of $157K (revenue +7.6% year-over-year).
- 2019: Revenue of $55K, expenses of $37K, and assets of $121K (revenue +35.7% year-over-year).
- 2018: Revenue of $40K, expenses of $39K, and assets of $104K (revenue +46.5% year-over-year).
- 2017: Revenue of $27K, expenses of $10K, and assets of $103K (revenue +1.9% year-over-year).
- 2017: Revenue of $27K, expenses of $46K, and assets of $86K (revenue -78.7% year-over-year).
- 2016: Revenue of $126K, expenses of $43K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Search And Rescue Taos Inc:
Data Sources and Methodology
This transparency report for Search And Rescue Taos 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.