New Mexico Peanut Research Board
- Assets
- $83.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portales, NM
- Founding
- 06/2002
- Data as of
- 04/2023
- EIN
- 85-0455179
Organization Overview
New Mexico Peanut Research Board is located in Portales, NM. The organization was established in 2002. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Peanut Research Board is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 04/2023, New Mexico Peanut Research Board generated $577.0 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 (42.7%) each year. All expenses for the organization totaled $7.3k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RESEARCH AND DEVELOPMENT OF VALENCIA PEANUT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Stanton President | 1 | $0 | |
Leonard Stanton Vice President | 1 | $0 | |
Leonard Stanton Secretary | 1 | $0 | |
Leonard Stanton Treasurer | 1 | $0 | |
Leonard Stanton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $567 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $577 |
| 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 | $7,277 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $7,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,356 |
| Other assets | $0 |
| Total assets | $83,403 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,403 |