Southwest Llama Rescue Inc
Southwest Llama Rescue Inc. maintains stable assets and zero liabilities with no officer compensation.
EIN: 201580766 · Tularosa, NM · Updated: 2026-03-28
About Southwest Llama Rescue Inc
Southwest Llama Rescue Inc (EIN: 201580766) is a nonprofit organization based in Tularosa, NM. The organization reported total revenue of $58K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Llama Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southwest Llama Rescue Inc 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, Southwest Llama Rescue Inc 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a significant positive for a nonprofit, ensuring that all funds are directed towards operational expenses and program delivery.
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 Southwest Llama Rescue Inc's IRS 990 filings:
- Fluctuating revenue makes long-term financial planning challenging
- Expenses exceeded revenue in 2022 ($76,250 expenses vs. $62,419 revenue) and 2021 ($43,930 expenses vs. $34,288 revenue), indicating reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Southwest Llama Rescue Inc:
- Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
- 0% officer compensation across all filings, ensuring funds are directed to the mission.
- Healthy asset base ($123,433 latest assets) relative to its annual revenue, providing financial stability.
- Consistent filing of IRS Form 990s demonstrates transparency and compliance.
Frequently Asked Questions about Southwest Llama Rescue Inc
Is Southwest Llama Rescue Inc. a good charity?
Based on the provided financial data, Southwest Llama Rescue Inc. appears to be a well-managed charity. It maintains a strong asset base, consistently reports zero liabilities, and has no officer compensation, which are all positive indicators of financial health and dedication to its mission.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated, with a high of $116,359 in 2018 and a low of $26,732 in 2020. More recently, revenue has been around $50,000-$60,000, with $55,698 in 2023 and $62,419 in 2022.
Does Southwest Llama Rescue Inc. have any debt?
No, the organization consistently reports $0 in liabilities across all six available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Southwest Llama Rescue Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Southwest Llama Rescue Inc's revenue has declined by 52.1%, moving from $116K to $56K. Total assets decreased by 10.8% over the same period, from $144K to $129K. Total functional expenses rose by 73.5%, from $27K to $47K. In its most recent filing year (2023), Southwest Llama Rescue Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $47K | $129K | $0 | — | View 990 |
| 2022 | $62K | $76K | $120K | $0 | — | View 990 |
| 2021 | $34K | $44K | $134K | $0 | — | — |
| 2020 | $27K | $35K | $144K | $0 | — | View 990 |
| 2019 | $50K | $42K | $152K | $0 | — | View 990 |
| 2018 | $116K | $27K | $144K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $47K, and assets of $129K (revenue -10.8% year-over-year).
- 2022: Revenue of $62K, expenses of $76K, and assets of $120K (revenue +82.0% year-over-year).
- 2021: Revenue of $34K, expenses of $44K, and assets of $134K (revenue +28.3% year-over-year).
- 2020: Revenue of $27K, expenses of $35K, and assets of $144K (revenue -46.6% year-over-year).
- 2019: Revenue of $50K, expenses of $42K, and assets of $152K (revenue -57.0% year-over-year).
- 2018: Revenue of $116K, expenses of $27K, and assets of $144K.
Data Sources and Methodology
This transparency report for Southwest Llama Rescue 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.