Del Norte Lov Foundation
Nonprofit profile at a glance
- EIN
- 824777209
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Santa Fe, NM, USA
- Phone
- 5054555456
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $59,463
- Expenses
- $144,248
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JOSHUA STRINGER (PRESIDENT)
- KRISTI L SALAZAR MARTINEZ (VICE PRESIDENT)
People named in this filing
- JOSHUA STRINGER (PRESIDENT)
- KRISTI L SALAZAR MARTINEZ (VICE PRESIDENT)
- T SPENCER WRIGHT (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support youth and families in New Mexico through scholarships, grants, sponsorships, financial literacy programming, and community engagement initiatives.
What it reported doing in 2025
During its final year, dnlf continued to award scholarships, provide community grants and sponsorships, and support financial literacy initiatives. These activities represent the organization's final charitable distributions prior to dissolution.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 89
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.8%; rating input score 89
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -142.6%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 55.2% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 27.4% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $128K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 5 filed schedules
- Filing history: 7 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.