Overview
What is New Mexico Assocof Grantmakers?
The New Mexico Association of Grantmakers is a membership organization based in Albuquerque, New Mexico. Their primary purpose is to connect, strengthen, and advocate for social impact organizations in the state, fostering a collaborative approach that involves nonprofits, businesses, foundations, and government. They offer a range of services, including research, educational resources, and networking opportunities, all aimed at unleashing the full potential of working together for long-term positive impact in New Mexico. Their Center for Nonprofit Excellence serves as a central resource to build accountability and capacity within the state's nonprofit sector. With a workforce of five dedicated individuals, they strive to create a networked approach that benefits all parties involved.
Official website here: www.groundworksnm.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The New Mexico Association of Grantmakers has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 90% overall, with its rating based entirely on its accountability and finance metrics, indicating a solid commitment to transparency and responsible management practices.
Noteworthy strengths include having a fully independent board, with 10 out of 10 members, and no material diversion of assets. The organization also demonstrates excellent governance practices, with effective policies on conflicts of interest and whistleblower protections, as well as documentation of board meeting minutes. Additionally, its financial health is solid, with a favorable liabilities-to-assets ratio and a significant portion of its expenses dedicated to programs.
While the overall score indicates strong financial and operational health, some may argue that a more nuanced rating approach, considering additional beacons such as impact and engagement, might provide a fuller picture of the organization’s effectiveness. Nonetheless, the New Mexico Association of Grantmakers stands out for its governance and financial responsibility, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Assocof Grantmakers legitimate?
New Mexico Assocof Grantmakers is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Assocof Grantmakers 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: $65,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,125
For more financial information, click here
Official website here: www.groundworksnm.org/
What is the mission statement of New Mexico Assocof Grantmakers?
The New Mexico Association of Grantmakers is a regional membership organization dedicated to connecting, strengthening, and advocating for social impact organizations in New Mexico. Their mission is to foster a networked approach that involves nonprofits, businesses, foundations, and government, with the goal of achieving long-term positive impact. They promote sector-level connections, collaboration, and resource sharing to leverage the full potential of collective efforts. This organization serves as a platform to facilitate cooperation and support, ultimately contributing to the betterment of the New Mexico community.
Official website here: www.groundworksnm.org/
Who is the CEO of New Mexico Assocof Grantmakers?
Kristi Dorr is the Past Chair of New Mexico Assocof Grantmakers.
Official website here: www.groundworksnm.org/
What is the revenue of New Mexico Assocof Grantmakers?
New Mexico Assocof Grantmakers's revenue in 2022 was $486,220.
Official website here: www.groundworksnm.org/
Who are the executives of New Mexico Assocof Grantmakers and what are their salaries?
The average compensation at New Mexico Assocof Grantmakers during 2022 was $44,965. There are 5 employees and 3 volunteers at New Mexico Assocof Grantmakers.
Here are 12 key members and their salaries:
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- Compensation: $67,087
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- Other: $4,138
Official website here: www.groundworksnm.org/
Where can I find the form 990 for New Mexico Assocof Grantmakers?
New Mexico Assocof Grantmakers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.groundworksnm.org/
Learn more at the official website: www.groundworksnm.org/
Mission Statement of New Mexico Assocof Grantmakers
The New Mexico Association of Grantmakers is a regional membership organization with a mission to connect, strengthen, and advocate for New Mexico's social impact organizations. Their objective is to unleash the full potential of collaboration among nonprofits, businesses, foundations, and government entities to drive long-term positive impact in the state. As a membership organization, the New Mexico Association of Grantmakers fosters this approach by promoting sector-level connections, collaboration, and resource sharing. Their mission aims to enhance the capacity of social impact organizations in New Mexico, ultimately contributing to a more united and effective network dedicated to improving the lives of New Mexico's residents.
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Impact
July, 2024
New Mexico Assocof Grantmakers has a significant impact on the state of New Mexico by connecting, strengthening, and advocating for social impact organizations. Through its services such as research, educational resources, and networking opportunities, the organization helps build the capacity and accountability of various entities working towards positive social change in New Mexico. By fostering connections and collaboration among private foundations, public charities, governmental funders, philanthropy, and private sector organizations, New Mexico Assocof Grantmakers contributes to the development of a networked approach that unleashes the full potential of working together for long-term positive impact in the state.
This information is meant to be a general summary of New Mexico Assocof Grantmakers. 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: $243
- Program Service Revenue: $53,459
- Gross Receipts: $486,220
Assets and Liabilities:
- Total Assets: $164,371
- Total Liabilities: $3,132
- Net Assets: $161,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CONTRACT & CONSULTING
Revenue
$29,500
OTHER PROGRAM FEES
Revenue
$12,959
WORKSHOPS
Revenue
$11,000
Organization Details
Founding Year
1991
Principal Officer
Kristi Dorr
Main Address
PO BOX 70126, ALBUQUERQUE, NM, 87197
Website
www.groundworksnm.org/NTEE Category
Code: B99 - Education
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