1248 Foundation
Artesia, New Mexico
CHealth Score
40C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$91K
Total Revenue
๐
$110K
Total Expenses
๐ฆ
$1.3M
Net Assets
๐
$1
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-61.3%
Year-over-year change (2022 โ 2023)
Net Margin
-21.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.19
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $90,564โ61% | $109,959โ24% | $1,340,299โ1% | |
| 2022 | $233,918โ34% | $88,749โ15% | $1,359,694โ12% | โ |
| 2021 | $356,621โ1299% | $77,453โ115% | $1,214,525โ30% | โ |
| 2020 | $25,491โ98% | $36,022โ57% | $935,357โ1% | โ |
| 2019 | $1,178,236 | $83,948 | $945,888 | โ |
Frequently Asked Questions
What does 1248 Foundation do?โผ
1248 Foundation is a human services nonprofit organization based in New Mexico. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is 1248 Foundation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for 1248 Foundation.
How much revenue does 1248 Foundation generate?โผ
Revenue data for 1248 Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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