New Mexico Association of Counties
Nonprofit profile at a glance
- EIN
- 850203345
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Santa Fe, NM, USA
- Phone
- 5059832101
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $9,102,040
- Expenses
- $8,631,230
- Assets
- $8,721,844
- Liabilities
- $3,639,810
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
44 people listed
Executive titles in this filing
- ANNIE HOGLAND (PRESIDENT)
- TERRI FORTNER (PRESIDENT-EL)
Highest reported compensation
- GRACE PHILLIPS (RISK MGMT. D): $239,811 total reported compensation
- BRANDON HUSS (LEGAL BUREAU): $221,018 total reported compensation
- JOY ESPARSEN (EXECUTIVE DI): $210,889 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To strengthen nm counties' ability to govern their own affairs and improve the well-being and quality of life of their constituents.
What it reported doing in 2024
Pass-through grants to counties: nmac serves as a pass-through entity for grants to counties from its bureau of land management grant for wildfire risk reduction.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 79
- Accountability: 84
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 71.8%; rating input score 72
- Fundraising efficiency: Limited
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: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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: 5 of 8 controls in place; rating input score 62
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.2%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 18.9%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 40.5% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 71.8% of spending went to programs
- Governance: 33 of 33 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $240K · 44 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $161K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.