New Mexico Association Of Grantmakers
- Assets
- $142.0k
- Revenue
- $488.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Albuquerque, NM
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 85-0437031
Organization Overview
New Mexico Association Of Grantmakers, operating under the name Groundworks Nm, is located in Albuquerque, NM. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Groundworks NM employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groundworks NM 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, Groundworks NM generated $488.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $539.8k during the year ending 12/2021. While expenses have increased by 25.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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 WHILE UNLEASHING THE FULL POTENTIAL OF WORKING TOGETHER. LONG-TERM POSITIVE IMPACT IN NEW MEXICO REQUIRES A NETWORKED APPROACH THAT INCLUDES NONPROFITS AND BUSINESSES TO FOUNDATIONS AND GOVERNMENT. AS A MEMBERSHIP ORGANIZATION, THE NEW MEXICO ASSOCIATION OF GRANTMAKERS FOSTERS THIS APPROACH BY PROMOTING SECTOR LEVEL CONNECTIONS, COLLABORATION, RESOURCE SHARING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW MEXICO ASSOCIATION OF GRANTMAKERS OFFERS SERVICES THAT INCLUDE RESEARCH, EDUCATIONAL RESOURCES, AND NETWORKING OPPORTUNITIES FOR ITS' MEMBERS THAT INCLUDE REPRESENTATIVES FROM A CROSS-SECTION OF PRIVATE FOUNDATIONS, PUBLIC CHARITIES, GOVERNMENTAL FUNDERS, PHILANTHROPY, NONPROFIT AND PRIVATE SECTOR ORGANIZATIONS SERVING THE PEOPLE IN THE STATE OF NEW MEXICO. IN ADDITION, THE ORGANIZATION OPERATES THE CENTER FOR NONPROFIT EXCELLENCE THAT SERVES AS A CENTRAL RESOURCE TO BUILD NONPROFIT ORGANIZATIONAL ACCOUNTABILITY AND CAPACITY IN THE STATE.
NEW MEXICO ASSOCIATION OF GRANTMAKERS ADVANCES THE SOCIAL SECTOR BY UNITING GRANT-MAKERS, SOCIAL INVESTORS, AND NONPROFIT SERVICE-PROVIDERS TO IMPROVE QUALITY OF LIFE THROUGHOUT THE STATE. PROGRAMS AND SERVICES AIM TO BUILD THE CAPACITY, EFFECTIVENESS, AND IMPACT OF THE SECTOR THROUGH 1) INCREASING INVESTMENTS 2) IMPROVING SYSTEMS AND POLICIES, 3) FACILITATING NETWORKING, EDUCATION AND LEARNING, 4) PROMOTING COLLABORATION AND STRATEGIC PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Lopez Executive Di | Officer | 40 | $105,986 |
Barrett Brewer Secretary-Ch | OfficerTrustee | 4 | $0 |
Kathy Keith Chair | OfficerTrustee | 4 | $0 |
Angelo Gonzales Treasurer | OfficerTrustee | 4 | $0 |
Sara Keller Secretary | OfficerTrustee | 4 | $0 |
Annmarie Mclaughlin Director-Pas | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $66,560 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $369,669 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,729 |
| Total Program Service Revenue | $31,642 |
| Investment income | $40 |
| 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 | $488,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,322 |
| Compensation of current officers, directors, key employees. | $32,777 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,803 |
| Payroll taxes | $13,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,175 |
| Advertising and promotion | $0 |
| Office expenses | $2,097 |
| Information technology | $29,862 |
| Royalties | $0 |
| Occupancy | $7,963 |
| Travel | $1,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $725 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,386 |
| All other expenses | $0 |
| Total functional expenses | $539,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,341 |
| Savings and temporary cash investments | $49,537 |
| Pledges and grants receivable | $7,500 |
| Accounts receivable, net | $774 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,805 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,957 |
| Accounts payable and accrued expenses | $14,658 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $25,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,557 |
| Total liabilities | $60,215 |
| Net assets without donor restrictions | $39,242 |
| Net assets with donor restrictions | $42,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $141,957 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that New Mexico Association Of Grantmakers has recieved totaling $200,996.
| Awarding Organization | Amount |
|---|---|
Los Alamos National Laboratory Foundation Espanola, NM PURPOSE: THE NEW MEXICO ASSOCIATION OF GRANTMAKERS IS SEEKING FUNDING TO RETAIN A CONSULTANT TO ASSIST TRIBES, NATIONS, AND PUEBLOS IN NEW MEXICO WITH FEDERAL BROADBAND GRANT APPLICATIONS. OUR GOAL IS TO ENSURE THAT OUR MOST UNDERSERVED COMMUNITIES ARE PREPARED AND HAVE THE CAPACITY TO APPLY FOR FEDERAL FUNDS. SECURING GRANT WRITERS AND TECHNICAL ASSISTANCE PROVIDERS WHO ARE TRAINED AND QUALIFIED WILL POSITION TRIBAL AND LOCAL ORGANIZATIONS TO LEVERAGE EXISTING AND FUTURE BROADBAND FUNDING OPPORTUNITIES. AS THE STATE OF NEW MEXICO MOVES FORWARD WITHOUT A CONCRETE BROADBAND EXPANSION PLAN, THERE IS AN URGENCY TO ACT RAPIDLY AND SECURE FUNDING FOR COMMUNITY-LED BROADBAND PROJECTS. THE NEW MEXICO BROADBAND COLLECTIVE (COLLECTIVE) IS MADE UP OF A DIVERSE GROUP OF FUNDERS AND NONPROFITS THROUGHOUT NEW MEXICO COMMITTED TO A STATEWIDE APPROACH TO ENSURING BROADBAND SERVICES FOR ALL NEW MEXICANS, ESPECIALLY IN OUR MOST RURAL COMMUNITIES, NATIVE COMMUNITIES, AND COMMUNITIES IMPACTED BY THE LACK OF BROAD | $61,500 |
The Aspen Institute Inc Washington, DC PURPOSE: OPPORTUNITY YOUTH ECOSYSTEM SUPPORT GRANT | $60,000 |
Con Alma Health Foundation Santa Fe, NM PURPOSE: HEALTHCARE | $25,000 |
Santa Fe Community Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $21,496 |
Con Alma Health Foundation Santa Fe, NM PURPOSE: HEALTHCARE | $15,000 |
Jessicas Love Foundation Ojai, CA PURPOSE: NM IMPACT INVESTING COLLABORATIVE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Life School Of Dallas Red Oak, TX | $119,776,308 | $72,202,880 |
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Austin Achieve Public Schools Inc Austin, TX | $59,873,760 | $31,154,261 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
National Math And Science Initiative Inc Dallas, TX | $26,216,573 | $26,013,416 |
Wayside Schools Austin, TX | $44,220,999 | $24,827,897 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |