Mypower Inc

Organization Overview

Mypower Inc is located in Hobbs, NM. The organization was established in 2009. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2024, Mypower Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mypower Inc 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 06/2024, Mypower Inc generated $258.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $424.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER LEA COUNTY'S YOUTH TO REACH THEIR FULL INDIVIDUAL POTENTIAL BY PROVIDING FUN, SOCIAL, AND LEARNING ACTIVITIES GEARED TOWARD DEVELOPING PERSONAL CONFIDENCE, ACADEMIC EXCELLENCE, AND ENHANCED LIFE SKILLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Valerie Onsurez Gauna
President
$0
Sarah Yue
1st Vice President
$0
Shannon Arguello
2nd Vice President
$0
Ty Elliott
Secretary
$0
Steven Williams
Treasurer
$0
Megan Chavarria
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $85,000
All other contributions, gifts, grants, and similar amounts not included above$140,278
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$225,278
Total Program Service Revenue$0
Investment income $33,566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $258,844

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