New Mexico Association for the Education of Young Children

What it reported doing in 2024

Organizational Growth: Doing More with Lean ResourcesFY25 marked a year of organizational resilience and expansion. With only two core staff (Executive Director and Finance Manager) and a rotating team of six specialized consultants, NMAEYC managed a statewide portfolio of programs reaching thousands of educators and families. Strategic collaborations with Tribal, Rural, and Spanish-speaking communities ensured that voices historically excluded from policymaking were at the center of our work. By building bridges with partners such as Explora, higher education institutions, and local nonprofits, we extended our geographic reach and leveraged over $250,000 in new or renewed grant support, fueling free professional learning opportunities and equity-focused initiatives.Diversity, Equity, Inclusion, and Belonging (DEIB): Embedding Equity at Every LevelOur commitment to DEIB became more than a statement in FY25it became our practice. NMAEYC implemented updated board bylaws and policies that embed DEIB principles in board governance, recruitment, and programming. This years board includes leaders from across New Mexico, reflecting the diverse linguistic, cultural, and professional landscapes of the early childhood workforce. To hold ourselves accountable, we introduced annual DEIB training for board and staff, and every major program was evaluated for cultural responsiveness. These efforts have positioned NMAEYC as a trusted ally to communities who are too often underserved by mainstream early childhood systems.Membership: Expanding Our Collective VoiceMembership surged past 800 active members in FY25, fueled by free memberships for participants in professional development workshops and scholarships underwritten by sponsors and foundations. Each member now receives tailored communication, opportunities to engage in advocacy, and access to regional convenings. This growing base of educators, caregivers, and advocates strengthens NMAEYCs influence with policymakers and funders, while ensuring our work is anchored in the real needs of the early childhood workforce.Professional Development: Equipping Educators to LeadIn FY25, NMAEYC delivered 40 professional development workshops, serving over 715 early childhood educators statewide. Topics ranged from STEM inquiry and literacy integration to trauma-informed care and social-emotional learning. Thanks to the generosity of funders, every workshop was free of charge, removing financial barriers for participants. Educators from rural areas, tribal nations, and Spanish-speaking communities made up nearly 40% of attendees, underscoring our commitment to equitable access. Evaluations showed that 92% of participants left with new strategies to apply immediately in their classrooms, directly impacting the quality of care for thousands of children.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 83.1%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 54.5%; rating input score 54; 43rd percentile among comparable filings
• 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: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -36.4%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 0.54; rating input score 26; 26th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 40; 40th percentile among comparable filings
• Officer compensation ratio: 23.3%; rating input score 16; 16th percentile among comparable filings

Growth

• Program expense growth: -17.1% per year; rating input score 0; 7th percentile among comparable filings
• Revenue growth: -7.3% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: -0.2% per year; rating input score 0; 24th percentile among comparable filings