Overview
What is Community Foundation Of Southern New Mexico?
The Community Foundation of Southern New Mexico, situated in Las Cruces, New Mexico, serves as a vital community resource. With a team of just three dedicated individuals, this nonprofit organization plays a significant role in linking donors with local needs and backing the initiatives of various charitable organizations in the region. By doing so, they contribute to strengthening the community and fostering a sense of collective growth and improvement.
Official website here: www.cfsnm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Community Foundation of Southern New Mexico has received an impressive four-star rating from Charity Navigator, reflecting its strong accountability and financial health. With a high score of 97 in the Accountability & Finance category and 100 in Leadership & Adaptability, the organization demonstrates a robust structure and transparent operations. Its program expense ratio of 91.30% indicates that a substantial portion of its funding is allocated directly to programs, showcasing a commitment to its mission.
The foundation's leadership appears to be effective, with a fully independent board comprising 14 members, which enhances governance and decision-making. Additionally, their financial practices are commendable, as evidenced by a low fundraising efficiency ratio of $0.01 and a strong working capital ratio of 10.89 years, ensuring the organization is well-prepared for future challenges. The presence of well-structured policies, such as conflict of interest and whistleblower policies, further solidifies its commitment to ethical operations.
Despite the overall positive feedback, some areas for improvement might include a deeper investment in equity strategies, as evidenced by a score of 87 out of 100. However, the foundation's proactive approach to professional development, with a budget of $10,000 earmarked for 2024, signifies a forward-thinking mindset aimed at enhancing organizational capacity. Overall, the Community Foundation of Southern New Mexico stands out as a model of effective nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Southern New Mexico legitimate?
Community Foundation Of Southern New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Southern New Mexico 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: $131,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,715
For more financial information, click here
Official website here: www.cfsnm.org
What is the mission statement of Community Foundation Of Southern New Mexico?
The Community Foundation of Southern New Mexico serves as a bridge between donors and community needs, acting as a resource for charitable organizations in their endeavors. Its mission is centered around supporting local projects and providing assistance to nonprofit organizations within the region. By connecting donors with pressing community issues, the foundation plays a crucial role in empowering these organizations to make a meaningful impact.
Official website here: www.cfsnm.org
Who is the CEO of Community Foundation Of Southern New Mexico?
Terra Winter is the CEO of Community Foundation Of Southern New Mexico The CEO's salary of Community Foundation Of Southern New Mexico is $131,010 and their total compensation is $131,010.
Official website here: www.cfsnm.org
What is the revenue of Community Foundation Of Southern New Mexico?
Community Foundation Of Southern New Mexico's revenue in 2023 was $14,161,520.
Official website here: www.cfsnm.org
Who are the executives of Community Foundation Of Southern New Mexico and what are their salaries?
The average compensation at Community Foundation Of Southern New Mexico during 2023 was $68,181. There are 4 employees and 95 volunteers at Community Foundation Of Southern New Mexico.
Here are 15 key members and their salaries (Community Foundation Of Southern New Mexico's CEO's salary is $131,010 and their total compensation is $131,010):
- Compensation: $131,010
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Official website here: www.cfsnm.org
Where can I find the form 990 for Community Foundation Of Southern New Mexico?
Community Foundation Of Southern New Mexico's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfsnm.org
Learn more at the official website: www.cfsnm.org
Mission Statement of Community Foundation Of Southern New Mexico
The Community Foundation of Southern New Mexico serves as a vital link between donors and the community's needs, acting as a resource and providing support to various charitable organizations in their endeavors. Their mission, in essence, is to foster a thriving community by connecting generous donors with the vital causes that require their assistance. By doing so, they help ensure the success and sustainability of nonprofit organizations operating in Southern New Mexico. In essence, the Community Foundation of Southern New Mexico acts as a catalyst, facilitating the flow of resources to where they are most needed and playing a crucial role in the betterment of the community.
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Impact
July, 2024
The impact of the Community Foundation of Southern New Mexico is significant in connecting donors with community needs, supporting charitable organizations, and assisting in community projects in Southern New Mexico. Through its efforts, the foundation plays a vital role in enhancing the well-being and development of the region, fostering a culture of philanthropy, and positively impacting the lives of individuals and communities in the area.
This information is meant to be a general summary of Community Foundation Of Southern New Mexico. 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 2023.
- Investment Income: $489,752
- Program Service Revenue: $476,242
- Gross Receipts: $29,364,829
Assets and Liabilities:
- Total Assets: $38,104,848
- Total Liabilities: $6,802,562
- Net Assets: $31,302,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fee Income
Revenue
$356,124
Other program revenue
Revenue
$120,118
Organization Details
Founding Year
1999
Principal Officer
Katy Brack Morrow
Website
www.cfsnm.orgNTEE Category
Code: T31 - Philanthropy
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