Z โ€” UnclassifiedEIN: 856091798ยท Ruling Year: 1987

First American Bank Welfare Benefit Plan

Artesia, New Mexico

B-Health Score
46B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$202K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-2.2%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,304,522โ†‘3%$2,355,077โ†‘9%$201,727โ†“20%
2022$2,235,416โ†“3%$2,151,035โ†“1%$252,282โ†‘50%
2021$2,312,819โ†‘4%$2,180,171โ†“2%$167,901โ†‘376%
2020$2,221,881โ†‘18%$2,225,867โ†‘18%$35,253โ†“10%
2019$1,885,929โ†“10%$1,892,091โ†“9%$39,239โ†“14%
2018$2,101,098โ†‘13%$2,083,691โ†‘12%$45,401โ†‘116%
2016$1,857,414โ†‘11%$1,853,449โ†‘8%$20,987โ†‘23%
2015$1,673,782โ†‘2%$1,719,578โ†‘8%$17,022โ†“73%
2014$1,640,958โ†‘2%$1,591,322โ†“2%$62,818โ†‘377%
2013$1,608,931โ†‘48%$1,616,190โ†‘18%$13,182โ†“36%
2012$1,085,569โ†‘61%$1,369,265โ†‘80%$20,441โ†“93%
2011$675,378$758,980$304,137

Frequently Asked Questions

What does First American Bank Welfare Benefit Plan do?โ–ผ

First American Bank Welfare Benefit Plan is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First American Bank Welfare Benefit Plan financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, First American Bank Welfare Benefit Plan has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First American Bank Welfare Benefit Plan generate?โ–ผ

First American Bank Welfare Benefit Plan reports $2.3M in annual revenue and holds $179K in total assets, based on IRS filings.

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First American Bank Welfare Benefit Plan โ€” Artesia, NM | GiveScope