Sierra Electric Cooperative Education Foundation
EIN: 850352648 · Elephant Btte, NM
| Metric | Value |
|---|---|
| Total Revenue | $196K |
| Total Expenses | $44K |
| Net Assets | $720K |
Is Sierra Electric Cooperative Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sierra Electric Cooperative Education Foundation
Sierra Electric Cooperative Education Foundation (EIN: 850352648) is a nonprofit organization based in Elephant Btte, NM. The organization reported total revenue of $196K and total assets of $912K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sierra Electric Cooperative Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sierra Electric Cooperative Education Foundation is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $44K |
| Surplus / Deficit | +$38K |
| Total Assets | $720K |
| Total Liabilities | $1 |
| Net Assets | $720K |
| Operating Margin | 46.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.7 months |
Financial Health Grade: A
In 2023, Sierra Electric Cooperative Education Foundation reported a surplus of $38K with revenue exceeding expenses, holds 195.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sierra Electric Cooperative Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | +31.9% | +15.3% |
| 2022 | -27.4% | +7.1% | -8.8% |
| 2021 | +72.7% | +0.3% | +16.0% |
| 2020 | +187.3% | -3.5% | +17.3% |
| 2019 | -64.8% | +193.1% | +95.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sierra Electric Cooperative Education Foundation 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 Sierra Electric Cooperative Education Foundation 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sierra Electric Cooperative Education Foundation
Is Sierra Electric Cooperative Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sierra Electric Cooperative Education Foundation (EIN: 850352648) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sierra Electric Cooperative Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Sierra Electric Cooperative Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Sierra Electric Cooperative Education Foundation tax-deductible?
Sierra Electric Cooperative Education Foundation is registered as a tax-exempt nonprofit (EIN: 850352648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sierra Electric Cooperative Education Foundation located?
Sierra Electric Cooperative Education Foundation is headquartered in Elephant Btte, New Mexico and files with the IRS under EIN 850352648.
How many years of IRS 990 filings does Sierra Electric Cooperative Education Foundation have?
Sierra Electric Cooperative Education Foundation has 10 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 $196K in total revenue.
Filing History
IRS 990 filing history for Sierra Electric Cooperative Education Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sierra Electric Cooperative Education Foundation's revenue has grown by 261.2%, moving from $23K to $82K. Total assets increased by 387.4% over the same period, from $148K to $720K. Total functional expenses rose by 399%, from $9K to $44K. In its most recent filing year (2023), Sierra Electric Cooperative Education Foundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1 in liabilities against $720K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $720K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $44K | $720K | $1 | — | — |
| 2022 | $85K | $33K | $624K | $1 | — | View 990 |
| 2021 | $117K | $31K | $684K | $1 | — | — |
| 2020 | $68K | $31K | $590K | $1 | — | — |
| 2019 | $24K | $32K | $503K | $1 | — | View 990 |
| 2015 | $67K | $11K | $258K | $0 | — | View 990 |
| 2014 | $14K | $8K | $212K | $0 | — | View 990 |
| 2013 | $25K | $6K | $204K | $0 | — | View 990 |
| 2012 | $3K | $7K | $161K | $2K | — | View 990 |
| 2011 | $23K | $9K | $148K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $44K, and assets of $720K (revenue -3.6% year-over-year).
- 2022: Revenue of $85K, expenses of $33K, and assets of $624K (revenue -27.4% year-over-year).
- 2021: Revenue of $117K, expenses of $31K, and assets of $684K (revenue +72.7% year-over-year).
- 2020: Revenue of $68K, expenses of $31K, and assets of $590K (revenue +187.3% year-over-year).
- 2019: Revenue of $24K, expenses of $32K, and assets of $503K (revenue -64.8% year-over-year).
- 2015: Revenue of $67K, expenses of $11K, and assets of $258K (revenue +367.1% year-over-year).
- 2014: Revenue of $14K, expenses of $8K, and assets of $212K (revenue -42.5% year-over-year).
- 2013: Revenue of $25K, expenses of $6K, and assets of $204K (revenue +797.1% year-over-year).
- 2012: Revenue of $3K, expenses of $7K, and assets of $161K (revenue -87.7% year-over-year).
- 2011: Revenue of $23K, expenses of $9K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sierra Electric Cooperative Education Foundation:
Data Sources and Methodology
This transparency report for Sierra Electric Cooperative Education 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.