Taos Property Foundation Inc
EIN: 270998249 · Taos, NM · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $281K |
| Total Expenses | $196K |
| Net Assets | $49K |
Is Taos Property Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taos Property Foundation Inc
Taos Property Foundation Inc (EIN: 270998249) is a nonprofit organization based in Taos, NM, classified under NTEE code T11. The organization reported total revenue of $281K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taos Property Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taos Property Foundation Inc is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $196K |
| Surplus / Deficit | +$11K |
| Total Assets | $49K |
| Net Assets | $49K |
| Operating Margin | 5.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, Taos Property Foundation Inc reported a surplus of $11K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | — | -100.0% |
| 2020 | -100.0% | -97.9% | -86.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taos Property Foundation 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 Taos Property Foundation 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 $11K, with revenue exceeding expenses.
Frequently Asked Questions about Taos Property Foundation Inc
Is Taos Property Foundation Inc a legitimate charity?
Taos Property Foundation Inc (EIN: 270998249) is a registered tax-exempt nonprofit based in New Mexico. It has 8 years of IRS 990 filings on record. Total revenue: $281K. No red flags identified. Financial health grade: A.
How does Taos Property Foundation Inc spend its money?
Taos Property Foundation Inc reported $281K 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 Taos Property Foundation Inc tax-deductible?
Taos Property Foundation Inc is registered as a tax-exempt nonprofit (EIN: 270998249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taos Property Foundation Inc located?
Taos Property Foundation Inc is headquartered in Taos, New Mexico and files with the IRS under EIN 270998249. It is classified under NTEE code T11.
How many years of IRS 990 filings does Taos Property Foundation Inc have?
Taos Property Foundation 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 $281K in total revenue.
Filing History
IRS 990 filing history for Taos Property Foundation Inc showing financial trends over 8 years of public records:
Total assets increased by 4878200% over the same period, from $1 to $49K. In its most recent filing year (2023), Taos Property Foundation Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $196K | $49K | $0 | — | — |
| 2022 | $0 | $53K | $1 | $0 | — | View 990 |
| 2021 | $52K | $0 | $53K | $0 | — | View 990 |
| 2020 | $0 | $8K | $1K | $0 | — | View 990 |
| 2019 | $381K | $372K | $9K | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $196K, and assets of $49K.
- 2022: Revenue of $0, expenses of $53K, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $52K, expenses of $0, and assets of $53K.
- 2020: Revenue of $0, expenses of $8K, and assets of $1K (revenue -100.0% year-over-year).
- 2019: Revenue of $381K, expenses of $372K, and assets of $9K.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taos Property Foundation Inc:
Data Sources and Methodology
This transparency report for Taos Property Foundation 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.