Tucumcari Quay Chamber Of Commece
EIN: 850074665 · Tucumcari, NM · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $92K |
| Net Assets | $2K |
Is Tucumcari Quay Chamber Of Commece Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tucumcari Quay Chamber Of Commece
Tucumcari Quay Chamber Of Commece (EIN: 850074665) is a nonprofit organization based in Tucumcari, NM, classified under NTEE code S41. The organization reported total revenue of $82K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tucumcari Quay Chamber Of Commece's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tucumcari Quay Chamber Of Commece is a micro nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $92K |
| Surplus / Deficit | $-12,720 |
| Total Assets | $5K |
| Total Liabilities | $2K |
| Net Assets | $2K |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 49.3% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Tucumcari Quay Chamber Of Commece reported a deficit of $13K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 49.3% (moderate leverage).
Financial Trends
Over 8 years of filings (2013–2023), Tucumcari Quay Chamber Of Commece's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -21.8% | -73.8% |
| 2022 | +14.5% | +68.1% | -80.3% |
| 2018 | -9.3% | +3.9% | -3.3% |
| 2017 | -6.7% | +12.9% | +18.2% |
| 2016 | -33.1% | -38.2% | +56.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tucumcari Quay Chamber Of Commece 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 Tucumcari Quay Chamber Of Commece 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.3%.
Frequently Asked Questions about Tucumcari Quay Chamber Of Commece
Is Tucumcari Quay Chamber Of Commece a legitimate charity?
Based on AI analysis of IRS 990 filings, Tucumcari Quay Chamber Of Commece (EIN: 850074665) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tucumcari Quay Chamber Of Commece spend its money?
Detailed spending breakdown data is not yet available for Tucumcari Quay Chamber Of Commece. Check back for updated IRS 990 analysis.
Are donations to Tucumcari Quay Chamber Of Commece tax-deductible?
Tucumcari Quay Chamber Of Commece is registered as a tax-exempt nonprofit (EIN: 850074665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tucumcari Quay Chamber Of Commece located?
Tucumcari Quay Chamber Of Commece is headquartered in Tucumcari, New Mexico and files with the IRS under EIN 850074665. It is classified under NTEE code S41.
How many years of IRS 990 filings does Tucumcari Quay Chamber Of Commece have?
Tucumcari Quay Chamber Of Commece 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 $82K in total revenue.
Filing History
IRS 990 filing history for Tucumcari Quay Chamber Of Commece showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Tucumcari Quay Chamber Of Commece's revenue has grown by 13%, moving from $70K to $79K. Total assets decreased by 42.6% over the same period, from $8K to $5K. Total functional expenses rose by 24.6%, from $74K to $92K. In its most recent filing year (2023), Tucumcari Quay Chamber Of Commece reported a deficit of $13K, with expenses exceeding revenue. The organization holds $2K in liabilities against $5K in assets (debt-to-asset ratio: 49.3%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $92K | $5K | $2K | — | — |
| 2022 | $84K | $118K | $17K | $2K | — | — |
| 2018 | $74K | $70K | $87K | $0 | — | View 990 |
| 2017 | $81K | $67K | $90K | $0 | — | View 990 |
| 2016 | $87K | $60K | $77K | $0 | — | View 990 |
| 2015 | $130K | $97K | $49K | $0 | — | View 990 |
| 2014 | $65K | $57K | $15K | $0 | — | View 990 |
| 2013 | $70K | $74K | $8K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $92K, and assets of $5K (revenue -6.2% year-over-year).
- 2022: Revenue of $84K, expenses of $118K, and assets of $17K (revenue +14.5% year-over-year).
- 2018: Revenue of $74K, expenses of $70K, and assets of $87K (revenue -9.3% year-over-year).
- 2017: Revenue of $81K, expenses of $67K, and assets of $90K (revenue -6.7% year-over-year).
- 2016: Revenue of $87K, expenses of $60K, and assets of $77K (revenue -33.1% year-over-year).
- 2015: Revenue of $130K, expenses of $97K, and assets of $49K (revenue +101.6% year-over-year).
- 2014: Revenue of $65K, expenses of $57K, and assets of $15K (revenue -7.8% year-over-year).
- 2013: Revenue of $70K, expenses of $74K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tucumcari Quay Chamber Of Commece:
Data Sources and Methodology
This transparency report for Tucumcari Quay Chamber Of Commece 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.