New Mexico Educational Assistance Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,568,542 | 34,388,663 | 2,179,879 | 39.6 | 21% |
| 2012 | 55,426,771 | 36,650,102 | 18,776,669 | 49.1 | 17% |
| 2013 | 26,876,359 | 30,564,022 | −3,687,663 | 50.3 | 20% |
| 2014 | 23,736,445 | 24,743,045 | −1,006,600 | 60.7 | 27% |
| 2015 | 22,051,767 | 21,394,180 | 657,587 | 67.2 | 24% |
| 2016 | 21,070,153 | 22,008,277 | −938,124 | 63.2 | 22% |
| 2017 | 21,914,659 | 22,722,076 | −807,417 | 57.8 | 22% |
| 2018 | 23,353,051 | 24,923,849 | −1,570,798 | 50.5 | 21% |
| 2019 | 24,870,546 | 25,119,407 | −248,861 | 49.9 | 20% |
| 2020 | 19,955,288 | 19,665,490 | 289,798 | 63.7 | 22% |
| 2021 | 13,989,676 | 14,732,067 | −742,391 | 84.1 | 29% |
| 2022 | 12,323,094 | 14,912,159 | −2,589,065 | 81.0 | 6% |
| 2023 | 18,703,805 | 13,456,159 | 5,247,646 | 94.6 | 28% |
In its most recent public year (2023), this organization brought in $5,247,646 more than it spent. Its reserves stood at about 94.6 months of spending, up from 39.6 in 2011. Staff pay was 28% 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
New Mexico Educational Assistance Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works