Progressnow New Mexico FY2021 filing

Albuquerque, NM · Membership association · Since 2011 · Civil Rights & Advocacy

! Not tax-deductible Latest data FY2021
Revenue
$503K
▲ +107% vs prior year
Spent
$249K
To programs
74%
Net assets
$328K
By yearFY2020–FY2025
Revenue
$503K
FY2021▲ +107%
Revenue by fiscal year
FY2020$243K
FY2021$503K
FY2022$243K
FY2023$412K
FY2024$508K
FY2025$377K
Expenses
$249K
FY2021▼ -24%
Expenses by fiscal year
FY2020$329K
FY2021$249K
FY2022$477K
FY2023$303K
FY2024$582K
FY2025$254K
Net assets
$328K
FY2021▲ +342%
Net assets by fiscal year
FY2020$74K
FY2021$328K
FY2022$94K
FY2023$202K
FY2024$128K
FY2025$251K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
4 funders, incl. Grove Action Fund
$310K in the latest grant year.
Spent on programs?
74% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +107% vs prior year
Legal name (IRS)Hdr · item CProgressnow New Mexico
EINHdr · item D45-4130072
Exempt statusHdr · item I501(c)(4) · active
Ruling yearIRS BMFJul 2013
Year of formationHdr · item L2011
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAlbuquerque, NM
NTEE classificationIRS BMFCivil Rights & Advocacy (R01)
WebsiteHdr · item Jwww.progressnownm.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$184K
Management & general26%$65K
Total functional expensesLn 25$249K

Financial health

Operating surplus
+50%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
33%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$343K
FY2021▲ +93%
Total assets by fiscal year
FY2020$178K
FY2021$343K
FY2022$124K
FY2023$231K
FY2024$143K
FY2025$262K
Total liabilities
$15K
FY2021▼ -86%
Total liabilities by fiscal year
FY2020$104K
FY2021$15K
FY2022$30K
FY2023$29K
FY2024$15K
FY2025$11K
Revenue less expensesPt I · Ln 19$254K
Total assetsPt X · Ln 16$343K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$197K
Total assetsLn 16$343K
Total liabilitiesLn 26$15K
Total net assetsLn 32$328K
Months of cash on handcomputed9.5

Statement of Revenue

Part VIII
Contributions & grants100%$502K
Investment income$315
Total revenueLn 12$503K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $197K · Operating expenses/yr $249K
9.5 months
Where the money goes
Program services
Program services $184K · Total expenses $249K
74%
Management & General
Management & general $65K · Total expenses $249K
26%
Fundraising
Fundraising $0 · Total expenses $249K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $366K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $502K · Total revenue $503K
100%
Government reliance
Government grants — · Total revenue $503K
—
Earned-income share
Program service revenue $0 · Total revenue $503K
0%
Investment reliance
Investment income $315 · Total revenue $503K
+0.06%
Program self-sufficiency
Program service revenue $0 · Total expenses $249K
0%
Growth & trend
Revenue growth (YoY)
This year $503K · Prior year $243K
+107%
Net-asset trend (YoY)
End of year $328K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $503K · Expenses $249K
+50%
Liabilities-to-Assets
Total liabilities — · Total assets $343K
—
Net-asset ratio
Net assets $328K · Total assets $343K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $343K
<0.01%
People & payroll
Highest Reported Total Compensation
Individual Miguel Avitia · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $249K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $249K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%——
Overhead ratio 26%——
Fundraising cost ratio 0%——
Revenue growth 107%——
Legal fee ratio 1%——
Accounting fee ratio 1%——

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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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

Mission and programs

Unites and empowers progressive voices through grassroots communications and advocacy.

Provided by the organization

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

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Mission & Programs · Part III

Where the work happens

1 program service account for $184K of program spending, described in the organization's own filed words · FY2021.
01

The organization leveraged its digital communications expertise to enhance the public discussion of issues around the energy sector in new mexico, creating educational opportunities around the energy transition act and the implementation of the methane rule.

$184Kprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2024
North FundFY2024$100K
Total grants receivedfrom 4 funders$310K
See all 4 funders →
Grants paid · 1 grant · $90K · 2020–2020
Legacy Pac 2FY2020$89,900

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $377K$254K-26% 990 PDF
FY2024 $508K$582K+23% 990 PDF
FY2023 $412K$303K+69% 990 PDF
FY2022 $243K$477K-52% 990 PDF
FY2021 Viewing $503K$249K+107% 990 PDF
FY2020 $243K$329K 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

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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