Builds capacity and advocates for policies to create economic prosperity for all New Mexicans.
For fiscal year 2024 it reported $583K in revenue, $912K in expenses, and $372K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$912K
Pt IX · Ln 25
Net assets
$372K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$330K
Where spending went · Part IX cols B–D
91%
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program efficiency
91%
of spending reaches programs▲ +34% vs prior filing year
Operating runway
9.4mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
-57%
revenue over expenses, this year▼ -164% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$583K
FY2024▼ -12%
$1.0M$510K$0
FY2020FY2024
Expenses
$912K
FY2024▲ +14%
$912K$456K$0
FY2020FY2024
Total assets
$1.6M
FY2024▼ -19%
$1.9M$956K$0
FY2020FY2024
Total liabilities
$1.2M
FY2024▼ -14%
$1.4M$691K$0
FY2020FY2024
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$912K
Pt IX · Ln 25
Net assets
$372K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$330K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B91%
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 $668K of program spending, described in the organization's own filed words · FY2023.
01
Sustainable energy solutions program- this program addresses a key factor in low-income families: decreasing the high cost of energy; increasing efficiency and improving the health, safety and comfort of homes.
$301Kprogram expense
02
Financial inclusion and opportunity- individual development accounts (idas) have been deployed to encourage savings, investment and asset accumulation among moderate income and working families.
$229Kprogram expense
03
Childrens Economic Security
Prosperity kids is a matched college savings account initiative. It is designed to leverage the important work of partner organizations thus furthering their engagement with clients and increasing their impact.
Dr Ann Lyn Hall’s $125K as CEO
is at the 96th percentile of top reported officer pay among 536 $100K–1M mutual/membership 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
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.
Individual Dr Ann Lyn Hall · Reported title CEO · Highest reported compensation $125K · Total expenses $912K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $501K · Total expenses $912K
55%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
91%
—
—
Overhead ratio
5%
—
—
Fundraising cost ratio
9%
—
—
Revenue growth
-12%
—
—
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.
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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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