Leadership New Mexico
Nonprofit profile at a glance
- EIN
- 850437219
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Albuquerque, NM, USA
- Phone
- 5052414800
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $1,468,627
- Expenses
- $1,304,598
- Assets
- $2,250,608
- Liabilities
- $751,839
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- DIEGO ESPINOZA (PRESIDENT)
Highest reported compensation
- DIEGO ESPINOZA (PRESIDENT): $152,039 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Strengthening New Mexico by educating and connecting diverse leaders through experiential learning programs and activities.
What it reported doing in 2024
Local government leadership program: in partnership with the New Mexico municipal league and the New Mexico association of counties, the local government leadership program equips public officials at every level with the knowledge, connections, and practical skills to serve their communities with vision and impact. Open to municipal, county, and state officials, school board members, the national guard, and regional councils of government, the program offers dynamic, real-world learning that helps participants navigate the complex challenges of local governance. Through engaging sessions, participants explore innovative solutions, build meaningful relationships, and strengthen collaboration across New Mexico. It's about empowering leaders to create positive, lasting change where it matters most - right at home. The program consists of two 2-1/2 day program session. The curriculum is modeled after the leadership New Mexico core program and offers an opportunity to explore critical issues facing New Mexico and participate in skill-building workshops.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 74
- Accountability: 84
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.7%; rating input score 72
- Program expense ratio: 82%; rating input score 82
- Fundraising efficiency: $1.22 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.2%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.73; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 11.7%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 71.7% of revenue deployed · 82% of spending went to programs
- Governance: 24 of 24 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $152K · 25 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 4/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.