Independent Petroleum Association Of New Mexico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 491,489 | 403,657 | 87,832 | 9.0 | 0% |
| 2012 | 462,206 | 370,455 | 91,751 | 12.7 | 0% |
| 2013 | 518,613 | 371,740 | 146,873 | 17.4 | 0% |
| 2014 | 374,424 | 382,314 | −7,890 | 16.7 | 0% |
| 2015 | 296,904 | 324,289 | −27,385 | 18.7 | 0% |
| 2016 | 278,311 | 314,439 | −36,128 | 17.9 | 0% |
| 2017 | 269,254 | 272,508 | −3,254 | 20.5 | 0% |
| 2018 | 343,225 | 416,044 | −72,819 | 11.3 | 0% |
| 2019 | 389,077 | 368,400 | 20,677 | 13.5 | 0% |
| 2020 | 243,907 | 312,045 | −68,138 | 13.6 | 0% |
| 2021 | 439,480 | 447,321 | −7,841 | 9.4 | 0% |
| 2022 | 704,468 | 444,645 | 259,823 | 15.6 | 0% |
| 2023 | 450,103 | 533,627 | −83,524 | 11.5 | 0% |
In its most recent public year (2023), this organization spent $83,524 more than it brought in. Its reserves stood at about 11.5 months of spending, up from 9 in 2011. Staff pay was 0% 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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