Northeastern New Mexico Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 114,745 | 130,728 | −15,983 | 7.0 | — |
| 2020 | 56,565 | 90,274 | −33,709 | 5.7 | — |
| 2021 | 120,036 | 133,034 | −12,998 | 2.7 | — |
| 2022 | 212,537 | 194,295 | 18,242 | 3.0 | 58% |
| 2023 | 174,714 | 171,413 | 3,301 | 3.6 | 61% |
In its most recent public year (2023), this organization brought in $3,301 more than it spent. Its reserves stood at about 3.6 months of spending, down from 7 in 2019. Staff pay was 61% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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