Nmvc Action Fund EIN 84-4906838 Form 990 (PDF) Claim this org

Nmvc Action Fund FY2024 filing

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Advocates for New Mexico's children and families through lobbying and electoral engagement. For fiscal year 2024 it reported $440K in revenue, $323K in expenses, and $414K in net assets.Pt I

Founded
2020
Type
Membership association · Youth Development
Location
Rio Rancho, NM
Filings
4 on file (2021–2024)
Revenue
$440KFY2024
Expenses
$323K
Net assets
$414K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-4906838 Membership association Rio Rancho, NM Founded 2020
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Advocates for New Mexico's children and families through lobbying and electoral engagement.
Leadership
Teresa Tenorio · President
Money in and out
$440K revenue, $323K expenses
Bottom line
+27% operating surplus
Membership & operating revenue · FY2024
Total revenue
$440K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$414K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $117K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Operating surplus
+27%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
9%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$440K
FY2024▲ +35%
Expenses
$323K
FY2024▲ +49%
Total assets
$415K
FY2024▲ +37%
Total liabilities
$665
FY2024▼ -88%
Total revenue
$440K
Pt VIII · Ln 12
Total expenses
$323K
Pt IX · Ln 25
Net assets
$414K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$117K
Total assetsPt X · Ln 16$415K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNmvc Action Fund
EINHdr · item D84-4906838
Principal addressHdr · item CRio Rancho, NM
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2020
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFYouth Development (O01)
Ruling yearIRS BMFMay 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

James Jimenez’s $30K as Executive Director is at the 22nd percentile of top reported officer pay among 1985 $100K–1M youth 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 · 1 named individual · Part VII

NameFY2024FY2023
James Jimenez$30,000$27,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $298K of program spending, described in the organization's own filed words · FY2023.
01

NMVC Action Fund advocates through direct lobbying for policies that impact the common good and welfare of New Mexicans, such as education, health care, energy, natural resources, the economy and jobs, and voting rights issues.

$298Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$431K · 98%
Investment income$9K · 2%
Contributions & grants98%$431K
Investment income2%$9K
Total revenueLn 12$440K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program services92%$298K
Management & general6%$19K
Fundraising2%$6K
Total functional expensesLn 25$323K

Balance Sheet

Part X · end of year
CashLn 1$415K
Total assetsLn 16$415K
Total liabilitiesLn 26$665
Total net assetsLn 32$414K
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $415K · Operating expenses/yr $323K
15.4 months
Where the money goes
Program services
Program services $298K · Total expenses $323K
92%
Management & General
Management & general $19K · Total expenses $323K
6%
Fundraising
Fundraising $6K · Total expenses $323K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $319K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $431K · Total revenue $440K
98%
Government reliance
Government grants — · Total revenue $440K
Earned-income share
Program service revenue $0 · Total revenue $440K
0%
Investment reliance
Investment income $9K · Total revenue $440K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $323K
0%
Growth & trend
Revenue growth (YoY)
This year $440K · Prior year $327K
+35%
Net-asset trend (YoY)
End of year $414K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $440K · Expenses $323K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $415K
Net-asset ratio
Net assets $414K · Total assets $415K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $415K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Teresa Tenorio · Reported title President · Highest reported compensation $0 · Total expenses $323K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $29K · Total expenses $323K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 6%
Fundraising cost ratio 1%
Revenue growth 35%
Legal fee ratio 0.2%
Accounting fee ratio 0.9%

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 · FY2025
Total grants receivedfrom 1 funder$300K
Grants paid · 3 grants · $18K · 2024–2024
Unitemized GrantFY2024$8,000
Unitemized GrantFY2024$5,210
The Savila CollaborativeNM · FY2024$5,000

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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$440K revenue · viewing · ⤓ 990 PDF
FY2023$327K revenue · ⤓ 990 PDF
FY2022$200K revenue · ⤓ 990 PDF
FY2021$52K 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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