New Mexico Geological Society
- Assets
- $409.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Socorro, NM
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 23-7024819
Organization Overview
New Mexico Geological Society is located in Socorro, NM. The organization was established in 1997. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Geological Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Mexico Geological Society generated $66.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $79.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johanna Blake Secretary | 0 | $0 | |
Dan Cadol Past Preside | 0 | $0 | |
Brian Hampton Vice Preside | 0 | $0 | |
Scott Baldridge President | 0 | $0 | |
Kevin Hobbs Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,832 |
| Total Program Service Revenue | $14,620 |
| Membership dues | $6,890 |
| Investment income | $86 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,670 |
| Printing, publications, postage, and shipping | $5,786 |
| Other expenses | $21,573 |
| Total expenses | $79,949 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,604 |
| Other assets | $0 |
| Total assets | $409,141 |
| Total liabilities | $0 |
| Net assets or fund balances | $409,141 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Mexico Geological Society has recieved totaling $18,100.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $18,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Geological Society Of America Foundation Boulder, CO | $25,155,790 | $3,154,143 |
Sepm Society For Sedimentary Geology Broken Arrow, OK | $5,582,306 | $1,036,027 |
Mineralogical Record Inc Tucson, AZ | $1,267,443 | $1,032,795 |
Tucson Gem And Mineral Society Inc Tucson, AZ | $866,231 | $716,626 |
American Institute Of Professional Geologists Westminster, CO | $3,145,022 | $984,035 |
Rocky Mountain Association Of Geologists Denver, CO | $1,409,204 | $227,835 |
American Institute Of Professional Geologists Westminster, CO | $565,394 | $257,675 |
Mining Foundation Of The Southwest Inc Tucson, AZ | $544,759 | $193,900 |
Quartzsite Roadrunner Gem & Mineral Club Inc Quartzsite, AZ | $211,686 | $0 |
New Mexico Geological Society Socorro, NM | $409,141 | $0 |
Association Of American State Geologists Westminster, CO | $256,706 | $74,875 |
Apache Junction Rock And Gem Club Inc Apache Junction, AZ | $0 | $0 |