Tucson Conquistadores Foundation
Tucson Conquistadores Foundation maintains substantial assets with no reported revenue or expenses in recent years.
EIN: 201940513 · Tucson, AZ · NTEE: X21 · Updated: 2026-03-28
Is Tucson Conquistadores Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tucson Conquistadores Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tucson Conquistadores Foundation
Tucson Conquistadores Foundation (EIN: 201940513) is a nonprofit organization based in Tucson, AZ, classified under NTEE code X21. The organization reported total revenue of $0 and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tucson Conquistadores Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tucson Conquistadores Foundation is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -100.0% | +0.0% |
| 2020 | -42.5% | +35.0% | +1.5% |
| 2019 | +65.6% | -4.1% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tucson Conquistadores Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Tucson Conquistadores Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external entity, which can contribute to lower administrative overhead.
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 Tucson Conquistadores Foundation's IRS 990 filings:
- Zero reported revenue and expenses in latest two filings (2023, 2022) makes current operational assessment difficult.
- Lack of detailed program spending in recent years due to $0 expenses.
Strengths
The following positive indicators were identified for Tucson Conquistadores Foundation:
- Strong and growing asset base, reaching $8,099,793 in 2023.
- Consistently low to no liabilities across most filing periods.
- 0% officer compensation reported, indicating volunteer leadership or external support.
- Consistent IRS 990 filing history demonstrates transparency in financial reporting.
Frequently Asked Questions about Tucson Conquistadores Foundation
Is Tucson Conquistadores Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tucson Conquistadores Foundation (EIN: 201940513) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Tucson Conquistadores Foundation spend its money?
Tucson Conquistadores Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tucson Conquistadores Foundation tax-deductible?
Tucson Conquistadores Foundation is registered as a tax-exempt nonprofit (EIN: 201940513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Tucson Conquistadores Foundation a good charity?
The foundation demonstrates strong financial health with growing assets and minimal liabilities. Its consistent reporting of 0% officer compensation is positive. However, the recent filings showing $0 revenue and expenses make it difficult to assess current program activity and spending efficiency directly. Its 'goodness' depends on how effectively its substantial assets are being deployed towards its mission, which isn't fully clear from the latest operational data.
How does the foundation generate revenue if recent filings show $0?
The $0 revenue in 2023 and 2022 suggests that the foundation may not have engaged in active fundraising or received new contributions in those specific periods. It likely operates on an endowment model, utilizing returns from its substantial existing assets ($8,099,793 in 2023) to fund its mission, or it had periods of significant revenue in prior years (e.g., $1,308,348 in 2019) that built its asset base.
What are the primary activities of the Tucson Conquistadores Foundation given $0 expenses?
With $0 expenses reported in 2023 and 2022, the foundation's primary activities in those periods likely revolved around asset management and investment. It's possible that program grants or other mission-related disbursements are made in cycles or through a separate entity, or that the expenses are covered by an affiliated organization and not directly reported on this specific 990.
How transparent is the foundation regarding its asset utilization?
The foundation is transparent in filing its IRS 990s, which clearly show its asset growth. However, the lack of reported expenses in recent years means the specific utilization of these assets for program services or grants is not detailed in the latest filings, which could be a point for further inquiry.
Filing History
IRS 990 filing history for Tucson Conquistadores Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tucson Conquistadores Foundation's revenue has declined by 100%, moving from $547K to $0. Total assets increased by 314.5% over the same period, from $2.0M to $8.1M. Total functional expenses fell by 100%, from $375K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $8.1M | $0 | — | View 990 |
| 2022 | $0 | $0 | $8.1M | $0 | — | View 990 |
| 2021 | $0 | $0 | $6.1M | $250 | — | View 990 |
| 2020 | $752K | $526K | $6.1M | $250 | — | View 990 |
| 2019 | $1.3M | $389K | $6.0M | $0 | — | View 990 |
| 2018 | $790K | $406K | $5.0M | $0 | — | View 990 |
| 2017 | $644K | $398K | $4.4M | $0 | — | View 990 |
| 2016 | $839K | $382K | $3.9M | $0 | — | View 990 |
| 2015 | $666K | $408K | $3.5M | $0 | — | View 990 |
| 2014 | $622K | $419K | $2.8M | $0 | — | View 990 |
| 2013 | $964K | $485K | $2.6M | $0 | — | View 990 |
| 2012 | $525K | $379K | $2.1M | $25K | — | View 990 |
| 2011 | $547K | $375K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $8.1M.
- 2022: Revenue of $0, expenses of $0, and assets of $8.1M.
- 2021: Revenue of $0, expenses of $0, and assets of $6.1M (revenue -100.0% year-over-year).
- 2020: Revenue of $752K, expenses of $526K, and assets of $6.1M (revenue -42.5% year-over-year).
- 2019: Revenue of $1.3M, expenses of $389K, and assets of $6.0M (revenue +65.6% year-over-year).
- 2018: Revenue of $790K, expenses of $406K, and assets of $5.0M (revenue +22.6% year-over-year).
- 2017: Revenue of $644K, expenses of $398K, and assets of $4.4M (revenue -23.2% year-over-year).
- 2016: Revenue of $839K, expenses of $382K, and assets of $3.9M (revenue +26.0% year-over-year).
- 2015: Revenue of $666K, expenses of $408K, and assets of $3.5M (revenue +7.0% year-over-year).
- 2014: Revenue of $622K, expenses of $419K, and assets of $2.8M (revenue -35.5% year-over-year).
- 2013: Revenue of $964K, expenses of $485K, and assets of $2.6M (revenue +83.5% year-over-year).
- 2012: Revenue of $525K, expenses of $379K, and assets of $2.1M (revenue -3.9% year-over-year).
- 2011: Revenue of $547K, expenses of $375K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tucson Conquistadores Foundation:
Data Sources and Methodology
This transparency report for Tucson Conquistadores 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.