Mora Creative Council EIN 84-2157893

Mora Creative Council

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Beautifies communities and fosters economic growth through local projects. For fiscal year 2024 it reported $149K in revenue, $115K in expenses, and $142K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Mora, NM
Website
www.ourmora.org
Filings
3 on file (2022–2024)
Revenue
$149KFY2024
Expenses
$115K
Net assets
$142K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  84-2157893 Public charity (501(c)(3)) Mora, NM
Form 990 (PDF)
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Size
$100K–1M
What they do
Beautifies communities and fosters economic growth through local projects.
Leadership
Charles Curtin · Board Member
Money in and out
$149K revenue, $115K expenses
Bottom line
58% program efficiency
Where the money goes · FY2024
Total revenue
$149K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.17 Fundraising $0.25
Program efficiency
58%
of spending reaches programs▼ -34% vs prior filing year
Operating runway
14.9mo
months of highly liquid reserves at operating expense rate▲ +217% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▲ +458% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$149K
FY2024▼ -43%
Expenses
$115K
FY2024▼ -58%
Total assets
$143K
FY2024▲ +32%
Total liabilities
$609
FY2024
Total revenue
$149K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$143K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $67K of program spending, described in the organization's own filed words · FY2024.
01

Management & Coordination of Community Based Events, Fundraising Events, Promotion & Advertising

$28Kprogram expense
02

Community Youth Programming to include summer camps for music, education, sports.

$23Kprogram expense
03

Community Fire & Flood Relief Efforts

Funding provided by local foundations to assist the community impacted by the Hermit's Peak/Calf Canyon Forest Fires that caused sever devastation in Mora County, NM. An estimated 400 families were given assistance.

$16Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMora Creative Council
EINHdr · item D84-2157893
Principal addressHdr · item CMora, NM
WebsiteHdr · item Jwww.ourmora.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFJul 2019

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 13No
Document retention policyPt VI · Ln 14No
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
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary-Board Member
$0Pt VII · Sec A
Treasurer - Board Member
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Ilka Villareal’s $29K as Executive Director is at the 15th percentile of top reported officer pay among 1711 $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.

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Statement of Revenue

Part VIII
Contributions & grants100%$149K
Investment income$9
Total revenueLn 12$149K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.17 Fundraising $0.25
Program services58%$67K
Management & general17%$19K
Fundraising25%$29K
Total functional expensesLn 25$115K

Balance Sheet

Part X · end of year
CashLn 1$143K
Total assetsLn 16$143K
Total liabilitiesLn 26$609
Total net assetsLn 32$142K
Months of cash on handcomputed14.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $143K · Operating expenses/yr $115K
14.9 months
Where the money goes
Program services
Program services $67K · Total expenses $115K
58%
Management & General
Management & general $19K · Total expenses $115K
17%
Fundraising
Fundraising $29K · Total expenses $115K
25%
Cost to raise $1
Fundraising expense (3-yr avg) $18K · Solicited contributions (3-yr avg) $236K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $149K · Total revenue $149K
100%
Government reliance
Government grants $0 · Total revenue $149K
0%
Earned-income share
Program service revenue $0 · Total revenue $149K
0%
Investment reliance
Investment income $9 · Total revenue $149K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $115K
0%
Growth & trend
Revenue growth (YoY)
This year $149K · Prior year $261K
-43%
Net-asset trend (YoY)
End of year $142K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $149K · Expenses $115K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $143K
Net-asset ratio
Net assets $142K · Total assets $143K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $143K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charles Curtin · Reported title Board Member · Highest reported compensation $0 · Total expenses $115K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $14K · Total expenses $115K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 17%
Fundraising cost ratio 20%
Revenue growth -43%
Accounting fee ratio 4%

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
Total grants receivedfrom 4 funders$48K
See all 4 funders →
Grants paid · 2 grants · $184K · 2022–2023
Unitemized GrantFY2023$6,253
Unitemized GrantFY2022$177,656

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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
FY2024 (Latest)$149K revenue · viewing · ⤓ 990 PDF
FY2023$261K revenue · ⤓ 990 PDF
FY2022$312K revenue · ⤓ 990 PDF

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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
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