Southeastern New Mexico Down Syndrome Foundation
EIN: 262042196 · Roswell, NM · NTEE: G25
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $52K |
| Net Assets | $31K |
Is Southeastern New Mexico Down Syndrome Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeastern New Mexico Down Syndrome Foundation
Southeastern New Mexico Down Syndrome Foundation (EIN: 262042196) is a nonprofit organization based in Roswell, NM, classified under NTEE code G25. The organization reported total revenue of $57K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern New Mexico Down Syndrome Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern New Mexico Down Syndrome Foundation is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $52K |
| Surplus / Deficit | $-16,473 |
| Total Assets | $31K |
| Total Liabilities | $744 |
| Net Assets | $31K |
| Operating Margin | -46.8% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Southeastern New Mexico Down Syndrome Foundation reported a deficit of $16K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Southeastern New Mexico Down Syndrome Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.4% | -16.5% | -34.2% |
| 2022 | -23.8% | -5.7% | -10.6% |
| 2021 | -0.1% | -27.1% | +50.2% |
| 2020 | -9.4% | -6.9% | -23.4% |
| 2019 | +7.8% | -12.9% | -19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeastern New Mexico Down Syndrome 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 Southeastern New Mexico Down Syndrome 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Southeastern New Mexico Down Syndrome Foundation
Is Southeastern New Mexico Down Syndrome Foundation a legitimate charity?
Southeastern New Mexico Down Syndrome Foundation (EIN: 262042196) is a registered tax-exempt nonprofit based in New Mexico. It has 12 years of IRS 990 filings on record. Total revenue: $57K. No red flags identified. Financial health grade: B.
How does Southeastern New Mexico Down Syndrome Foundation spend its money?
Southeastern New Mexico Down Syndrome Foundation reported $57K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeastern New Mexico Down Syndrome Foundation tax-deductible?
Southeastern New Mexico Down Syndrome Foundation is registered as a tax-exempt nonprofit (EIN: 262042196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeastern New Mexico Down Syndrome Foundation located?
Southeastern New Mexico Down Syndrome Foundation is headquartered in Roswell, New Mexico and files with the IRS under EIN 262042196. It is classified under NTEE code G25.
How many years of IRS 990 filings does Southeastern New Mexico Down Syndrome Foundation have?
Southeastern New Mexico Down Syndrome Foundation has 12 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 $57K in total revenue.
Filing History
IRS 990 filing history for Southeastern New Mexico Down Syndrome Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Southeastern New Mexico Down Syndrome Foundation's revenue has declined by 50%, moving from $70K to $35K. Total assets decreased by 37.4% over the same period, from $50K to $31K. Total functional expenses rose by 22.9%, from $42K to $52K. In its most recent filing year (2023), Southeastern New Mexico Down Syndrome Foundation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $744 in liabilities against $31K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $52K | $31K | $744 | — | — |
| 2022 | $59K | $62K | $48K | $621 | — | View 990 |
| 2021 | $77K | $66K | $53K | $3K | — | — |
| 2020 | $77K | $90K | $36K | $4K | — | View 990 |
| 2019 | $85K | $97K | $46K | $2K | — | View 990 |
| 2018 | $79K | $111K | $58K | $2K | — | View 990 |
| 2017 | $89K | $109K | $90K | $2K | — | View 990 |
| 2016 | $105K | $105K | $112K | $3K | — | View 990 |
| 2015 | $122K | $88K | $109K | $0 | — | View 990 |
| 2014 | $72K | $60K | $75K | $0 | — | View 990 |
| 2013 | $70K | $56K | $63K | $0 | — | View 990 |
| 2012 | $70K | $42K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $52K, and assets of $31K (revenue -40.4% year-over-year).
- 2022: Revenue of $59K, expenses of $62K, and assets of $48K (revenue -23.8% year-over-year).
- 2021: Revenue of $77K, expenses of $66K, and assets of $53K (revenue -0.1% year-over-year).
- 2020: Revenue of $77K, expenses of $90K, and assets of $36K (revenue -9.4% year-over-year).
- 2019: Revenue of $85K, expenses of $97K, and assets of $46K (revenue +7.8% year-over-year).
- 2018: Revenue of $79K, expenses of $111K, and assets of $58K (revenue -11.0% year-over-year).
- 2017: Revenue of $89K, expenses of $109K, and assets of $90K (revenue -15.5% year-over-year).
- 2016: Revenue of $105K, expenses of $105K, and assets of $112K (revenue -13.6% year-over-year).
- 2015: Revenue of $122K, expenses of $88K, and assets of $109K (revenue +70.1% year-over-year).
- 2014: Revenue of $72K, expenses of $60K, and assets of $75K (revenue +2.5% year-over-year).
- 2013: Revenue of $70K, expenses of $56K, and assets of $63K (revenue -0.5% year-over-year).
- 2012: Revenue of $70K, expenses of $42K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern New Mexico Down Syndrome Foundation:
Data Sources and Methodology
This transparency report for Southeastern New Mexico Down Syndrome 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.