Texas Hole Charities Inc
EIN: 273728866 · Farmington, NM · NTEE: T31
| Metric | Value |
|---|---|
| Total Expenses | $34K |
| Net Assets | $21K |
Is Texas Hole Charities Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Texas Hole Charities Inc
Texas Hole Charities Inc (EIN: 273728866) is a nonprofit organization based in Farmington, NM, classified under NTEE code T31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Hole Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Hole Charities Inc is a micro nonprofit that has been operating for 15 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $34K |
| Surplus / Deficit | $-2,873 |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | -9.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2015, Texas Hole Charities Inc reported a deficit of $3K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Texas Hole Charities Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -65.3% | -62.1% | -12.1% |
| 2014 | +4.1% | +16.0% | +0.7% |
| 2013 | +14.4% | +2.1% | +62.2% |
| 2012 | +51.2% | +71.1% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Texas Hole Charities 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 Texas Hole Charities 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Texas Hole Charities Inc
Is Texas Hole Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Hole Charities Inc (EIN: 273728866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Texas Hole Charities Inc spend its money?
Detailed spending breakdown data is not yet available for Texas Hole Charities Inc. Check back for updated IRS 990 analysis.
Are donations to Texas Hole Charities Inc tax-deductible?
Texas Hole Charities Inc is registered as a tax-exempt nonprofit (EIN: 273728866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Texas Hole Charities Inc located?
Texas Hole Charities Inc is headquartered in Farmington, New Mexico and files with the IRS under EIN 273728866. It is classified under NTEE code T31.
How many years of IRS 990 filings does Texas Hole Charities Inc have?
Texas Hole Charities Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Texas Hole Charities Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Texas Hole Charities Inc's revenue has declined by 37.5%, moving from $50K to $32K. Total assets increased by 41.2% over the same period, from $15K to $21K. Total functional expenses fell by 23.1%, from $45K to $34K. In its most recent filing year (2015), Texas Hole Charities Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $32K | $34K | $21K | $0 | — | View 990 |
| 2014 | $91K | $91K | $24K | $0 | — | View 990 |
| 2013 | $87K | $78K | $24K | $0 | — | View 990 |
| 2012 | $76K | $77K | $15K | $0 | — | View 990 |
| 2011 | $50K | $45K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $32K, expenses of $34K, and assets of $21K (revenue -65.3% year-over-year).
- 2014: Revenue of $91K, expenses of $91K, and assets of $24K (revenue +4.1% year-over-year).
- 2013: Revenue of $87K, expenses of $78K, and assets of $24K (revenue +14.4% year-over-year).
- 2012: Revenue of $76K, expenses of $77K, and assets of $15K (revenue +51.2% year-over-year).
- 2011: Revenue of $50K, expenses of $45K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Texas Hole Charities Inc:
Data Sources and Methodology
This transparency report for Texas Hole Charities 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.