Overview
What is New Mexico Biopark Society Inc?
The New Mexico Biopark Society Inc is a nonprofit organization based in Albuquerque, New Mexico, specifically located at 903 Tenth Street SW. Their primary mission is to support the development, procurement, and capital improvement of the Albuquerque Biological Park. This involves contributing to construction projects within the park's exhibits, purchasing necessary equipment for the facilities, assisting with animal acquisitions, and addressing various facility requirements. The organization, with a workforce of 70 employees, plays a significant role in enhancing the Albuquerque Biological Park.
Official website here: www.bioparksociety.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
New Mexico Biopark Society Inc has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial transparency. With a perfect score in several key areas, including accountability and finance, the organization demonstrates a high level of integrity in its operations. The independent board is fully compliant, with ten out of ten members, ensuring diverse oversight and governance.
The financial metrics are particularly noteworthy; the organization maintains a robust program expense ratio of 75.83%, indicating that a significant portion of its resources is directed towards its mission. Additionally, the fundraising efficiency ratio is remarkably low at $0.05, meaning it raises funds effectively while minimizing costs. The organization's liabilities to assets ratio stands at a healthy 28.29%, showcasing financial stability.
Overall, the New Mexico Biopark Society Inc presents itself as a well-managed nonprofit that prioritizes its mission while upholding rigorous standards of accountability. No significant limitations or issues were noted in the data, reinforcing its reputation as a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Biopark Society Inc legitimate?
New Mexico Biopark Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Biopark Society Inc 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: $158,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $618,892
For more financial information, click here
Official website here: www.bioparksociety.org
What is the mission statement of New Mexico Biopark Society Inc?
The New Mexico Biopark Society is dedicated to advancing the growth and enhancement of the Albuquerque Biological Park. Through their mission, they work towards the procurement and development of the park, as well as the improvement of its facilities. The Society's efforts encompass various aspects, such as construction projects, equipment purchases, animal acquisitions, and addressing miscellaneous facility needs. By supporting the Biological Park in these ways, the New Mexico Biopark Society aims to ensure its continued success and development.
Official website here: www.bioparksociety.org
Who is the CEO of New Mexico Biopark Society Inc?
Julie Rugg is the President of New Mexico Biopark Society Inc.
Official website here: www.bioparksociety.org
What is the revenue of New Mexico Biopark Society Inc?
New Mexico Biopark Society Inc's revenue in 2022 was $6,330,490.
Official website here: www.bioparksociety.org
Who are the executives of New Mexico Biopark Society Inc and what are their salaries?
The average compensation at New Mexico Biopark Society Inc during 2022 was $11,106. There are 70 employees and 400 volunteers at New Mexico Biopark Society Inc.
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- Compensation: $128,127
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- Other: $30,434
Official website here: www.bioparksociety.org
Where can I find the form 990 for New Mexico Biopark Society Inc?
New Mexico Biopark Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bioparksociety.org
Learn more at the official website: www.bioparksociety.org
Mission Statement of New Mexico Biopark Society Inc
The New Mexico Biopark Society is a dedicated organization with a mission to foster the growth and enhancement of Albuquerque's Biological Park. By actively promoting the development, procurement, and capital improvement of the facility, this nonprofit plays a crucial role in ensuring its continued success. This involves assisting with various construction projects within the exhibits, purchasing essential equipment for the facilities, and facilitating animal procurement, among other tasks. The Society's efforts contribute significantly to the overall wellbeing of the park, allowing it to thrive and provide visitors with an enriching and educational experience.
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Impact
October, 2024
The New Mexico Biopark Society Inc plays a crucial role in enhancing and expanding the Albuquerque Biological Park. By focusing on development, procurement, and capital improvements, the organization contributes significantly to the park's growth and sustainability.
Through its efforts in construction projects, the society helps create engaging and educational exhibits that enrich visitor experiences. Additionally, by purchasing essential equipment and facilitating animal procurement, the society ensures the park is well-equipped to provide high-quality care for its animals. This support not only benefits the facilities but also promotes conservation and education for the community.
Overall, the New Mexico Biopark Society Inc fosters a vibrant environment that encourages public appreciation for wildlife and nature, making a lasting impact on both the Albuquerque community and the conservation efforts within the park.
This information is meant to be a general summary of New Mexico Biopark Society Inc. 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: $143,240
- Program Service Revenue: $646,087
- Gross Receipts: $7,556,102
Assets and Liabilities:
- Total Assets: $21,204,973
- Total Liabilities: $5,999,317
- Net Assets: $15,205,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$574,709
OTHER EVENTS
Revenue
$70,853
OTHER FEES
Revenue
$525
Organization Details
Founding Year
1969
Phone
(505) 764-6280Principal Officer
Julie Rugg
Main Address
903 TENTH STREET SW, ALBUQUERQUE, NM, 87102
Website
www.bioparksociety.orgNTEE Category
Code: D115 - Animals
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