Overview
What is New Mexico Appleseed?
New Mexico Appleseed is a nonprofit organization situated in Santa Fe, New Mexico, specifically at 222 East Marcy Street STE 20. Their primary mission is to enhance the lives of the underprivileged and marginalized population by fostering systemic change. They engage in systemic-level work, devising, testing, and implementing viable solutions to complex challenges. During the COVID-19 pandemic, New Mexico Appleseed pioneered cash transfers in the state, leading to remarkable outcomes. This intervention, known as a "cash transfer," provided financial aid to families lacking sufficient resources to meet their basic needs. With a team of seven dedicated individuals, New Mexico Appleseed continues to focus on improving societal structures and advocating for the underrepresented.
Official website here: www.nmappleseed.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
New Mexico Appleseed has achieved a high rating of 92%, reflecting strong performance in accountability and finance. The organization is noted for its commitment to transparency, as indicated by its independent board composition, with 90% of its members being independent. Additionally, the charity demonstrates effective oversight, with robust policies on conflict of interest and whistleblowing.
The financial health of New Mexico Appleseed is also commendable, as evidenced by a program expense ratio of 86.89%, indicating that a significant portion of its expenditures supports its programs. The organization effectively manages its assets, with a liabilities to assets ratio of only 3.51%, showing sound financial stability.
While the data highlights the nonprofit's strengths, there are no noted limitations or concerns in the feedback, suggesting robust operational practices and financial integrity. Overall, New Mexico Appleseed stands out as a well-managed organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Appleseed legitimate?
New Mexico Appleseed is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Appleseed submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $144,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,018
For more financial information, click here
Official website here: www.nmappleseed.org
What is the mission statement of New Mexico Appleseed?
New Mexico Appleseed is a nonpartisan, non-profit organization committed to improving the lives of the poor and underserved. Operating on a systemic level, New Mexico Appleseed designs, tests, and implements practical solutions to complex issues. The organization focuses on systemic change, aiming to enhance the lives of those in need. They study global development initiatives and, in appropriate circumstances, introduce them to New Mexico. One of their notable endeavors includes the provision of cash transfers, providing families without sufficient financial means to meet basic needs. During the COVID-19 pandemic, New Mexico Appleseed introduced the first cash transfers in the state, resulting in significant positive outcomes.
Official website here: www.nmappleseed.org
Who is the CEO of New Mexico Appleseed?
Jennifer Ramo is the Director of New Mexico Appleseed.
Official website here: www.nmappleseed.org
What is the revenue of New Mexico Appleseed?
New Mexico Appleseed's revenue in 2022 was $944,308.
Official website here: www.nmappleseed.org
Who are the executives of New Mexico Appleseed and what are their salaries?
The average compensation at New Mexico Appleseed during 2022 was $71,843. There are 7 employees and 9 volunteers at New Mexico Appleseed.
Here are 10 key members and their salaries:
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- Compensation: $105,549
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- Other: $39,333
Official website here: www.nmappleseed.org
Where can I find the form 990 for New Mexico Appleseed?
New Mexico Appleseed's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmappleseed.org
Learn more at the official website: www.nmappleseed.org
Mission Statement of New Mexico Appleseed
New Mexico Appleseed, a nonpartisan, non-profit organization, is dedicated to improving the lives of the economically disadvantaged and underserved communities. This organization operates on a systemic level, seeking to design, test, and implement practical solutions to complex issues. Their mission is to bring about systemic change, aiming to enhance the well-being of those who are often overlooked or under-served.
New Mexico Appleseed focuses on family economic stability by studying global development initiatives. They have a particular interest in cash transfers, a method of providing financial aid to families who lack sufficient funds to cover basic necessities. Notably, New Mexico Appleseed was the first to implement cash transfers in the state during the COVID-19 pandemic, resulting in impressive outcomes. This initiative underscores their commitment to innovative and effective strategies for improving financial security for those in need.
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Impact
October, 2024
New Mexico Appleseed significantly enhances the lives of the poor and underserved by implementing systemic changes that address complex social issues. It focuses on family economic stability, particularly through innovative solutions like cash transfers. During the COVID-19 pandemic, New Mexico Appleseed pioneered the state's first cash transfer program, providing essential financial support to families facing economic hardships. This initiative yielded remarkable outcomes, demonstrating the effectiveness of targeted financial assistance in improving access to basic needs and fostering economic resilience within the community. By studying global development initiatives and adapting them to local contexts, New Mexico Appleseed continues to design, test, and deploy practical strategies that uplift vulnerable populations and promote community improvement across the state.
This information is meant to be a general summary of New Mexico Appleseed. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,330
- Gross Receipts: $944,308
Assets and Liabilities:
- Total Assets: $2,004,531
- Total Liabilities: $70,447
- Net Assets: $1,934,084
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Organization Details
Founding Year
2007
Phone
(505) 814-1200Principal Officer
Jennifer Ramo
Main Address
222 EAST MARCY STREET STE 20, SANTA FE, NM, 87501
Website
www.nmappleseed.orgNTEE Category
Code: S20 - Community improvement
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