New Mexico Independent Community Colleges Inc

Nonprofit profile at a glance

EIN
832012268
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2021, Form 990-EZ 2024
Location
Santa Fe, NM, USA
Phone
5054281000
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$176,000
Expenses
$196,711
Assets
$95,305
Liabilities
$13,156

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • VANESSA HAWKER (EXECUTIVE DIRECTOR)
  • REBECCA ROWLEY (PRESIDENT)
  • TRACY HARTZLER (VICE PRESIDENT)

People named in this filing

  • VANESSA HAWKER (EXECUTIVE DIRECTOR)
  • REBECCA ROWLEY (PRESIDENT)
  • TRACY HARTZLER (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the mission of independently-governed community colleges in New Mexico. Support is provided through the advocacy of a limited agenda of issues deemed critical to its member institutions. The nmicc agenda generally focuses on funding issues and is determined by member institutions through a consensus-building process. Nmicc promotes social welfare by advocating for its members and obtaining needed funding, which allows the members to directly promote the social welfare.

What it reported doing in 2024

Nmicc member institutions annually serve in excess of 60,000 students in credit courses. Approximately, 4 in 10 New Mexico college students are enrolled in the nmicc institutions. In addition to credit courses, these colleges serve thousands more through adult basic education, non-credit courses and a comprehensive array of community service and economic development programs. The benefits to the general public include affordable, accessible and convenient college education programs.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.2%; rating input score 73
  • Program expense ratio: 65.5%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.8%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 78.7%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -20.3% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -6.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 73.2% of revenue deployed · 65.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $129K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.