Progressnow New Mexico EIN 45-4130072

Progressnow New Mexico

EIN  45-4130072 Membership association Albuquerque, NM Founded 2011
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Unites and empowers progressive voices through grassroots communications and advocacy.
Leadership
Tabatha Bennett · President
Money in and out
$377K revenue, $254K expenses
Bottom line
+33% operating surplus

Unites and empowers progressive voices through grassroots communications and advocacy. For fiscal year 2025 it reported $377K in revenue, $254K in expenses, and $251K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$254K
Pt IX · Ln 25
Net assets
$251K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $123K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21 Fundraising $0.00
Operating surplus
+33%
revenue over expenses▲ +323% vs prior filing year
Earned revenue
1%
of revenue from program services & dues
Payroll share
56%
of spending is salaries & benefits▲ +22% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$377K
FY2025▼ -26%
Expenses
$254K
FY2025▼ -56%
Total assets
$262K
FY2025▲ +83%
Total liabilities
$11K
FY2025▼ -28%
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$254K
Pt IX · Ln 25
Net assets
$251K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$123K
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $200K of program spending, described in the organization's own filed words · FY2025.
01

The organization leveraged its digital communications expertise to enhance the public discussion of issues related to policies being considered during the 25 legislative session. We continued our disinformation defense program where we focus on tracking and combating digital disinformation both in- house and providing guidance to our…

$200Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProgressnow New Mexico
EINHdr · item D45-4130072
Principal addressHdr · item CAlbuquerque, NM
WebsiteHdr · item Jwww.progressnownm.org
Year of formationHdr · item L2011
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R01)
Ruling yearIRS BMFJul 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
See Progressnow New Mexico executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$375K · 99%
Program service revenue$2K · 1%
Contributions & grants99%$375K
Program service revenue1%$2K
Investment income$447
Total revenueLn 12$377K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21 Fundraising $0.00
Program services79%$200K
Management & general21%$55K
Fundraising$28
Total functional expensesLn 25$254K

Balance Sheet

Part X · end of year
CashLn 1$66K
Total assetsLn 16$262K
Total liabilitiesLn 26$11K
Total net assetsLn 32$251K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $66K · Operating expenses/yr $254K
3.1 months
Where the money goes
Program services
Program services $200K · Total expenses $254K
79%
Management & General
Management & general $55K · Total expenses $254K
21%
Fundraising
Fundraising $28 · Total expenses $254K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $9 · Solicited contributions (3-yr avg) $431K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $375K · Total revenue $377K
99%
Government reliance
Government grants — · Total revenue $377K
Earned-income share
Program service revenue $2K · Total revenue $377K
1%
Investment reliance
Investment income $447 · Total revenue $377K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $254K
1%
Growth & trend
Revenue growth (YoY)
This year $377K · Prior year $508K
-26%
Revenue CAGR
FY2020 $243K · FY2025 $377K
+9%
Net-asset trend (YoY)
End of year $251K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $377K · Expenses $254K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
Net-asset ratio
Net assets $251K · Total assets $262K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $262K
0%
People & payroll
Highest Reported Total Compensation
Individual Tabatha Bennett · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $254K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $142K · Total expenses $254K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Fundraising cost ratio 0%
Revenue growth -26%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
North FundFY2024$100K
Total grants receivedfrom 3 funders$185K
See all 3 funders →
Grants paid · 1 grant · $90K · 2020–2020
Legacy Pac 2FY2020$89,900

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$377K revenue · viewing · ⤓ 990 PDF
FY2024$508K revenue · ⤓ 990 PDF
FY2023$412K revenue · ⤓ 990 PDF
FY2022$243K revenue · ⤓ 990 PDF
FY2021$503K revenue · ⤓ 990 PDF
FY2020$243K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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