Wise Fool New Mexico
EIN: 850473796 · Santa Fe, NM · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $727K |
| Total Expenses | $562K |
| Net Assets | $5K |
Is Wise Fool New Mexico Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wise Fool New Mexico
Wise Fool New Mexico (EIN: 850473796) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A65. The organization reported total revenue of $727K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wise Fool New Mexico's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wise Fool New Mexico is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $562K |
| Surplus / Deficit | $-88,061 |
| Total Assets | $61K |
| Total Liabilities | $56K |
| Net Assets | $5K |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 91.3% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Wise Fool New Mexico reported a deficit of $88K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 91.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wise Fool New Mexico's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +27.1% | -39.8% |
| 2022 | +21.3% | +25.2% | -46.3% |
| 2021 | +8.4% | +27.3% | +31.1% |
| 2020 | -31.4% | -44.1% | +3.3% |
| 2019 | -6.2% | +6.3% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wise Fool New Mexico 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 Wise Fool New Mexico 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 $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.3%.
Frequently Asked Questions about Wise Fool New Mexico
Is Wise Fool New Mexico a legitimate charity?
Based on AI analysis of IRS 990 filings, Wise Fool New Mexico (EIN: 850473796) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wise Fool New Mexico spend its money?
Detailed spending breakdown data is not yet available for Wise Fool New Mexico. Check back for updated IRS 990 analysis.
Are donations to Wise Fool New Mexico tax-deductible?
Wise Fool New Mexico is registered as a tax-exempt nonprofit (EIN: 850473796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wise Fool New Mexico located?
Wise Fool New Mexico is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 850473796. It is classified under NTEE code A65.
How many years of IRS 990 filings does Wise Fool New Mexico have?
Wise Fool New Mexico 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 $727K in total revenue.
Filing History
IRS 990 filing history for Wise Fool New Mexico showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wise Fool New Mexico's revenue has grown by 71.7%, moving from $276K to $474K. Total assets increased by 246.6% over the same period, from $18K to $61K. Total functional expenses rose by 103.3%, from $276K to $562K. In its most recent filing year (2023), Wise Fool New Mexico reported a deficit of $88K, with expenses exceeding revenue. The organization holds $56K in liabilities against $61K in assets (debt-to-asset ratio: 91.3%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $562K | $61K | $56K | — | — |
| 2022 | $417K | $442K | $102K | $8K | — | View 990 |
| 2021 | $344K | $353K | $189K | $71K | — | View 990 |
| 2020 | $317K | $277K | $145K | $17K | — | View 990 |
| 2019 | $463K | $496K | $140K | $52K | — | View 990 |
| 2018 | $493K | $466K | $170K | $48K | — | View 990 |
| 2017 | $476K | $475K | $150K | $49K | — | View 990 |
| 2016 | $433K | $472K | $143K | $41K | — | View 990 |
| 2015 | $455K | $364K | $174K | $34K | — | View 990 |
| 2014 | $284K | $284K | $93K | $43K | — | View 990 |
| 2013 | $275K | $265K | $51K | $1K | — | View 990 |
| 2012 | $319K | $297K | $41K | $2K | — | View 990 |
| 2011 | $276K | $276K | $18K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $562K, and assets of $61K (revenue +13.6% year-over-year).
- 2022: Revenue of $417K, expenses of $442K, and assets of $102K (revenue +21.3% year-over-year).
- 2021: Revenue of $344K, expenses of $353K, and assets of $189K (revenue +8.4% year-over-year).
- 2020: Revenue of $317K, expenses of $277K, and assets of $145K (revenue -31.4% year-over-year).
- 2019: Revenue of $463K, expenses of $496K, and assets of $140K (revenue -6.2% year-over-year).
- 2018: Revenue of $493K, expenses of $466K, and assets of $170K (revenue +3.7% year-over-year).
- 2017: Revenue of $476K, expenses of $475K, and assets of $150K (revenue +9.7% year-over-year).
- 2016: Revenue of $433K, expenses of $472K, and assets of $143K (revenue -4.7% year-over-year).
- 2015: Revenue of $455K, expenses of $364K, and assets of $174K (revenue +59.8% year-over-year).
- 2014: Revenue of $284K, expenses of $284K, and assets of $93K (revenue +3.4% year-over-year).
- 2013: Revenue of $275K, expenses of $265K, and assets of $51K (revenue -13.7% year-over-year).
- 2012: Revenue of $319K, expenses of $297K, and assets of $41K (revenue +15.6% year-over-year).
- 2011: Revenue of $276K, expenses of $276K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wise Fool New Mexico:
Data Sources and Methodology
This transparency report for Wise Fool New Mexico 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.