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 undefined, New Mexico Peanut Research Board generated $871.0 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 (39.2%) each year. All expenses for the organization totaled $378.0 during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (50.5%) per year over the past 7 years. 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
Describe the Organization's Program Activity:
Part 3
RESEARCH AND DEVELOPMENT OF VALENCIA PEANUT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonard Stanton Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $871 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $871 |
Statement of Expenses | |
---|---|
Total expenses | $378 |
Balance Sheet | |
---|---|
Total assets | $89,214 |
Total liabilities | $0 |
Net assets or fund balances | $89,214 |
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