New Mexico Student Loan Guarantee Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,292,652 | 3,041,650 | −748,998 | 45.1 | 33% |
| 2012 | 2,687,837 | 3,549,149 | −861,312 | 35.8 | 23% |
| 2013 | 3,999,771 | 3,502,534 | 497,237 | 37.9 | 23% |
| 2014 | 4,645,911 | 3,630,785 | 1,015,126 | 40.0 | 25% |
| 2015 | 3,009,999 | 3,565,864 | −555,865 | 38.8 | 22% |
| 2016 | 3,844,376 | 1,670,276 | 2,174,100 | 98.5 | 54% |
| 2017 | 2,620,833 | 2,719,696 | −98,863 | 60.1 | 27% |
| 2018 | 2,174,237 | 2,764,703 | −590,466 | 56.5 | 26% |
| 2019 | 4,686,015 | 3,534,681 | 1,151,334 | 48.0 | 20% |
| 2020 | 4,428,008 | 3,904,638 | 523,370 | 45.3 | 22% |
| 2021 | 3,044,592 | 6,390,238 | −3,345,646 | 21.6 | 13% |
| 2022 | 8,869,305 | 6,949,884 | 1,919,421 | 23.3 | 11% |
| 2023 | 5,481,016 | 5,055,415 | 425,601 | 33.7 | 16% |
In its most recent public year (2023), this organization brought in $425,601 more than it spent. Its reserves stood at about 33.7 months of spending, down from 45.1 in 2011. Staff pay was 16% of spending. $555,421 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works