New Mexico Appleseed

Tax-deductible

Albuquerque, NM501(c)(3)Community DevelopmentEIN 20-4985257

New mexico appleseed is focused on improving the lives of the poor and underserved, through systemic change and work on the systemic level to design, test and implement practical solution to difficult issues.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 10 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
81%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$220K
to officers and key staff · 39% of spending
Pt VII · Sec A
Do they have reserves?
28 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
5
named funders · $76K
Funders’ Sch. I, 990-PF
Do they carry debt?
$57K
liabilities
Pt X · Ln 26
Who oversees it?
6
independent of 7 voting board members
Pt VI · Ln 1a–1b
Revenue
$566K
+99% vs prior year
Spent
$566K
To programs
81%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$566K
FY2024▲ +99%
Revenue by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$944K
FY2023$284K
FY2024$566K
Expenses
$566K
FY2024▼ -27%
Expenses by fiscal year
FY2020$730K
FY2021$867K
FY2022$755K
FY2023$772K
FY2024$566K
Net assets
$1.4M
FY2024+0.02%
Net assets by fiscal year
FY2020$1.6M
FY2021$1.7M
FY2022$1.9M
FY2023$1.4M
FY2024$1.4M

From the FY2024 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CNew Mexico Appleseed
EINHdr · item D20-4985257
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2011
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CAlbuquerque, NM
NTEE classificationIRS BMFCommunity Development (S20)
WebsiteHdr · item Jwww.nmappleseed.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.15 Fundraising $0.05
Program services81%$456K
Management & general15%$83K
Fundraising5%$27K
Total functional expensesLn 25$566K

Financial health

Is it on solid ground?

Program efficiency
81%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
28.2mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+0.05%
revenue over expenses, this year▲ +100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.5M
FY2024▲ +1%
Total assets by fiscal year
FY2020$1.6M
FY2021$1.7M
FY2022$2.0M
FY2023$1.5M
FY2024$1.5M
Total liabilities
$57K
FY2024▲ +53%
Total liabilities by fiscal year
FY2020$69K
FY2021$3K
FY2022$70K
FY2023$38K
FY2024$57K
Revenue less expensesPt I · Ln 19$306
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$57K
Total net assetsLn 32$1.4M
Months of cash on handcomputed28.2

Statement of Revenue

Part VIII
Contributions & grants$529K · 94%
Investment income$37K · 6%
Contributions & grants94%$529K
Investment income6%$37K
Total revenueLn 12$566K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $566K
28.2 months
Where the money goes
Program services
Program services $456K · Total expenses $566K
81%
Management & General
Management & general $83K · Total expenses $566K
15%
Fundraising
Fundraising $27K · Total expenses $566K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $569K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $529K · Total revenue $566K
94%
Government reliance
Government grants — · Total revenue $566K
—
Earned-income share
Program service revenue $0 · Total revenue $566K
0%
Investment reliance
Investment income $37K · Total revenue $566K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $566K
0%
Growth & trend
Revenue growth (YoY)
This year $566K · Prior year $284K
+99%
Revenue CAGR
FY2020 $1.3M · FY2024 $566K
-18%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $566K · Expenses $566K
+0.05%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
—
Net-asset ratio
Net assets $1.4M · Total assets $1.5M
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer a Ramo · Reported title EXECUTIVE DI · Highest reported compensation $115K · Total expenses $566K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $448K · Total expenses $566K
79%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 15%——
Fundraising cost ratio 5%——
Revenue growth 99%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$114,652Pt VII · Sec A
Deputy Direc
$105,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jennifer a Ramo’s $115K as Executive Di is at the 80th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jennifer a Ramo$114,652$114,651———
Jennifer Ramo——$105,549$104,135$111,026
Daniel Valverde$105,000————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Improves lives of the poor and underserved through practical, systemic solutions.

Provided by the organization

This section is blank until New Mexico Appleseed claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $417K of program spending, described in the organization's own filed words · FY2024.
01

Family economic security new mexico is facing a growing crisis of babies born with substance use exposure and their suffering from substance use disorder (sud) creating significant challenges for our communities and threatening the well-being of our most vulnerable children.

$171Kprogram expense
02

Homelessness for more than 12 years, new mexico appleseed has focused on the educational needs of students experiencing homelessness, couch surf, live in motels. Or somehow cram themselves into an overcrowded home with other family.

$134Kprogram expense
03

Hunger new mexico appleseed, in partnership with the new mexico department of health (doh), is working on efforts to increase enrollment and participation in the women, infants, and children (wic) program. This program provides essential nutritional support to low-income pregnant women, new mothers, infants, and young children.

$112Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 5 grants · $216K · 2021–2023
Unitemized GrantFY2023$24,855
Unitemized GrantFY2022$15,633
Unitemized GrantFY2021$135,733
West Las Vegas SchoolsFY2021$20,000
Cuba Independent School DistrictFY2021$20,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $566K$566K+99% 990 PDF
FY2023 $284K$772K-70% 990 PDF
FY2022 $944K$755K-11% 990 PDF
FY2021 $1.1M$867K-17% 990 PDF
FY2020 $1.3M$730K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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