Workers Compensation Association Of New Mexico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 209,762 | 258,729 | −48,967 | 5.6 | 0% |
| 2012 | 230,949 | 214,000 | 16,949 | 7.7 | 0% |
| 2013 | 207,805 | 242,865 | −35,060 | 5.0 | 0% |
| 2014 | 210,738 | 212,310 | −1,572 | 5.7 | 0% |
| 2015 | 209,656 | 192,343 | 17,313 | 7.3 | 0% |
| 2016 | 189,406 | 225,881 | −36,475 | 4.3 | 0% |
| 2017 | 197,892 | 170,176 | 27,716 | 7.7 | 0% |
| 2018 | 202,842 | 208,883 | −6,041 | 5.9 | 0% |
| 2019 | 182,822 | 198,006 | −15,184 | 5.3 | 0% |
| 2020 | 52,383 | 61,090 | −8,707 | 15.5 | 0% |
| 2021 | 68,756 | 45,140 | 23,616 | 27.3 | — |
| 2022 | 67,058 | 56,656 | 10,402 | 24.0 | — |
In its most recent public year (2022), this organization brought in $10,402 more than it spent. Its reserves stood at about 24 months of spending, up from 5.6 in 2011.
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 2022. 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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