Roswell-chaves County Economic Development Foundation
Only null% goes to programs Strong reserves Growing revenue
Roswell-chaves County Economic Development Foundation is a 501(c)(3) organization based in Roswell, New Mexico, registered in 1987, with $562,237 in FY2023 revenue. CharityIndex grades it B.
Po Box 849, Roswell, NM, 88202 EIN 85-0350686 Since 1987
Revenue (FY2023)
$562K
▲ 18.6% vs prior year
Recreation median: $129K
Expenses (FY2023)
$513K
Net assets
$734K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Roswell-chaves County Economic Development Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Roswell-chaves County Economic Development Foundation: 17 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Roswell-chaves County Economic Development Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Roswell-chaves County Economic Development Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 849, Roswell, NM, 88202
- City
- Roswell
- State
- New Mexico
- Category
- Recreation & Sports
- Subcategory
- Community Recreation Centers
- Website
- …
Financial trends
Revenue grew from $269K (FY2015) to $562K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $230KNet assets $734K
Operating margin
8.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$963K
Total liabilities
$230K
Net assets
$734K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $562,237▲18.6% | $513,244▲31.5% | $733,623▲7.2% | $963,376▲4.4% | 990 |
| 2022 | $473,907▲31.7% | $390,157▲9.2% | $684,630▲13.9% | $922,341▲16.1% | 990 |
| 2021 | $359,934▼17.9% | $357,128▲15.0% | $600,879▲0.5% | $794,190▲27.2% | 990 |
| 2020 | $438,642▲47.4% | $310,548▲32.4% | $598,073▲27.3% | $624,503▲22.8% | 990 |
| 2019 | $297,570▼14.5% | $234,498▼36.1% | $469,979▲15.5% | $508,366▼2.4% | 990 |
| 2018 | $347,869▲27.0% | $367,180▲27.0% | $406,905▼4.6% | $520,917▲16.4% | 990 |
| 2017 | $274,017▼12.9% | $289,077▼7.6% | $426,375▼3.4% | $447,649▼2.3% | 990 |
| 2016 | $314,477▲17.0% | $312,971▲23.4% | $441,435▲0.5% | $458,282▲0.1% | 990 |
| 2015 | $268,775 | $253,669▼34.9% | $439,369▼21.2% | $457,960▼19.1% | 990 |
| 2012 | — | $389,629 | $557,812 | $565,818 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Roswell-chaves County Economic Development Foundation a legitimate nonprofit?
- Yes. Roswell-chaves County Economic Development Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0350686, based in Roswell, New Mexico. Donations are tax-deductible.
- What is Roswell-chaves County Economic Development Foundation's EIN?
- Roswell-chaves County Economic Development Foundation's Employer Identification Number (EIN) is 85-0350686.
- How much revenue does Roswell-chaves County Economic Development Foundation report?
- Roswell-chaves County Economic Development Foundation reported $562,237 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Roswell-chaves County Economic Development Foundation have?
- CharityIndex grades Roswell-chaves County Economic Development Foundation B, based on financial health (reserves and operating margin).
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Data for Roswell-chaves County Economic Development Foundation (EIN 85-0350686) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.