The Ascended Masters Foundation Of The New Times
EIN: 680459852 · Albuquerque, NM · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $49K |
| Net Assets | $13K |
Is The Ascended Masters Foundation Of The New Times Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Ascended Masters Foundation Of The New Times
The Ascended Masters Foundation Of The New Times (EIN: 680459852) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code X20. The organization reported total revenue of $49K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ascended Masters Foundation Of The New Times's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Ascended Masters Foundation Of The New Times is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $49K |
| Surplus / Deficit | $-3,210 |
| Total Assets | $20K |
| Total Liabilities | $7K |
| Net Assets | $13K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, The Ascended Masters Foundation Of The New Times reported a deficit of $3K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Ascended Masters Foundation Of The New Times's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.1% | -7.0% | -13.6% |
| 2022 | -14.7% | +13.4% | -17.3% |
| 2021 | -9.7% | -8.7% | +49.6% |
| 2020 | +20.1% | +20.6% | +138.3% |
| 2019 | +13.1% | -12.7% | +435.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Ascended Masters Foundation Of The New Times 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 The Ascended Masters Foundation Of The New Times 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.0%.
Frequently Asked Questions about The Ascended Masters Foundation Of The New Times
Is The Ascended Masters Foundation Of The New Times a legitimate charity?
The Ascended Masters Foundation Of The New Times (EIN: 680459852) is a registered tax-exempt nonprofit based in New Mexico. It has 13 years of IRS 990 filings on record. Total revenue: $49K. No red flags identified. Financial health grade: B.
How does The Ascended Masters Foundation Of The New Times spend its money?
The Ascended Masters Foundation Of The New Times reported $49K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Ascended Masters Foundation Of The New Times tax-deductible?
The Ascended Masters Foundation Of The New Times is registered as a tax-exempt nonprofit (EIN: 680459852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Ascended Masters Foundation Of The New Times located?
The Ascended Masters Foundation Of The New Times is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 680459852. It is classified under NTEE code X20.
How many years of IRS 990 filings does The Ascended Masters Foundation Of The New Times have?
The Ascended Masters Foundation Of The New Times has 13 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 $49K in total revenue.
Filing History
IRS 990 filing history for The Ascended Masters Foundation Of The New Times showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Ascended Masters Foundation Of The New Times's revenue has declined by 36.7%, moving from $72K to $46K. Total assets increased by 169.5% over the same period, from $8K to $20K. Total functional expenses fell by 28.5%, from $68K to $49K. In its most recent filing year (2023), The Ascended Masters Foundation Of The New Times reported a deficit of $3K, with expenses exceeding revenue. The organization holds $7K in liabilities against $20K in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $49K | $20K | $7K | — | — |
| 2022 | $47K | $52K | $24K | $7K | — | View 990 |
| 2021 | $56K | $46K | $29K | $7K | — | View 990 |
| 2020 | $62K | $51K | $19K | $7K | — | — |
| 2019 | $51K | $42K | $8K | $7K | — | View 990 |
| 2018 | $45K | $48K | $1K | $10K | — | View 990 |
| 2017 | $54K | $64K | $1K | $7K | — | View 990 |
| 2016 | $60K | $53K | $6K | $3K | — | View 990 |
| 2015 | $54K | $71K | $2K | $6K | — | View 990 |
| 2014 | $88K | $89K | $13K | $0 | — | View 990 |
| 2013 | $79K | $70K | $17K | $2K | — | View 990 |
| 2012 | $80K | $78K | $16K | $11K | — | View 990 |
| 2011 | $72K | $68K | $8K | $5K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $49K, and assets of $20K (revenue -4.1% year-over-year).
- 2022: Revenue of $47K, expenses of $52K, and assets of $24K (revenue -14.7% year-over-year).
- 2021: Revenue of $56K, expenses of $46K, and assets of $29K (revenue -9.7% year-over-year).
- 2020: Revenue of $62K, expenses of $51K, and assets of $19K (revenue +20.1% year-over-year).
- 2019: Revenue of $51K, expenses of $42K, and assets of $8K (revenue +13.1% year-over-year).
- 2018: Revenue of $45K, expenses of $48K, and assets of $1K (revenue -16.1% year-over-year).
- 2017: Revenue of $54K, expenses of $64K, and assets of $1K (revenue -9.8% year-over-year).
- 2016: Revenue of $60K, expenses of $53K, and assets of $6K (revenue +10.7% year-over-year).
- 2015: Revenue of $54K, expenses of $71K, and assets of $2K (revenue -38.4% year-over-year).
- 2014: Revenue of $88K, expenses of $89K, and assets of $13K (revenue +11.1% year-over-year).
- 2013: Revenue of $79K, expenses of $70K, and assets of $17K (revenue -1.3% year-over-year).
- 2012: Revenue of $80K, expenses of $78K, and assets of $16K (revenue +11.4% year-over-year).
- 2011: Revenue of $72K, expenses of $68K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Ascended Masters Foundation Of The New Times:
Data Sources and Methodology
This transparency report for The Ascended Masters Foundation Of The New Times 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.