New Mexico Center on Law and Poverty

Overview

Mission

The center is dedicated to advancing economic and social justice through education, advocacy and litigation. We work with low-income new mexicans to improve living conditions, increase opportunities and protect the rights of people living in poverty.

What it reported doing in 2024

Program service expenses: 397,379, grants and allocations: 0, revenue: 182,075 economic equity - protect income and assets for low-income new mexicans against unfair economic practices; increase access to fair loans and reduce abusive and wrongful debt collections; generate systemic improvements to policies, services and administration of affordable housing; and protect the rights of low-income new mexicans against evictions and discriminatory housing practices. Program service expenses: 478,469, grants and allocations: 0, revenue: 231,467 workers' rights - promote fair treatment of workers by investigating the working conditions of low-income workers and their treatment by employers, informing workers of their rights and employers of their obligations under the law, compelling government agencies to enforce labor laws and filing legal actions.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
850437960
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Headquarters
Albuquerque, NM, USA
Phone
5052552840
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Legal Services

Official website

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 64
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.6%; rating input score 63
  • Program expense ratio: 76.8%; rating input score 77
  • Fundraising efficiency: $11.49 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.9%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -2.1% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 12.4% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 62.6% of revenue deployed · 76.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2M in reported program spending
  • Leadership: top reported pay $132K · 13 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 6 annual filings from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

13 people listed

Highest reported compensation

  • STEPHANIE WELCH (WORKERS' RIG): $131,615 total reported compensation
  • SOVEREIGN HAGER (LEGAL DIRECT): $127,478 total reported compensation
  • SIREESHA MANNE (EXECUTIVE DI): $122,952 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.