New Mexico Out-of School Time Network

Nonprofit profile at a glance

EIN
923637887
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Albuquerque, NM, USA
Phone
5052642705
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$457,975
Expenses
$395,871
Assets
$209,930
Liabilities
$4,632

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

Leadership & pay

4 people listed

Highest reported compensation

  • MAY SAGBAKKEN (EXECUTIVE DI): $102,690 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 cultivate enriching experiences for children and youth beyond the school day. Vision: all children and youth in New Mexico have access to high quality out-of-school time (ost) opportunities regardless of zip code and income. The New Mexico out-of-school time network (nmost) is a non-profit organization seeking to improve access to and quality of out-of-school time (ost) learning programs (before and afterschool, summer learning, and youth development). To ensure that every young person has access to high quality programs outside the school day, we convene stakeholders, build partnerships, influence policy on behalf of youth and families, advocate for sustained funding build capacity in communities through professional development, and build a community that supports student's success

What it reported doing in 2024

Professional development: nmost hosted its 14th annual fall into place conference on october 23-25, 2024, with over 200 attendees representing the ost field, education, government, community-based organizations, and youth. Workshops included the scientific impact of kindness, service-learning in afterschool, youth entrepreneurship, and how to become a licensed childcare provider to access state and federal school-age childcare funds. Nmost established the ost leadership institute in New Mexico to provide high- quality professional development for emerging ost leaders working in underserved communities. In 2024, we implemented our second in-person institute with 20 emerging ost leaders representing ost programs statewide. The leadership institute mission is to inspire, empower, and equip ost leaders with knowledge and skills to better support the programs, youth, families, and communities they serve. Expert trainers facilitated workshops on topics including positive youth development, assets-based planning, advocacy, leadership development, youth entrepreneurship and entrepreneurial mindsets, service-learning, stem in ost, and storytelling. Nmost is also working to expand service-learning and youth entrepreneurship in afterschool programs throughout the state, especially for middle and high school students with support from venture lab and the national youth leadership council (nylc).

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 93% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Accountability: 74
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.5%; rating input score 76
  • Program expense ratio: 87.4%; rating input score 87
  • Fundraising efficiency: $3,662.02 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 72.6%; rating input score 73; 46th 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: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.6%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 25.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 79.9% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 34.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 36.9% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 75.5% of revenue deployed · 87.4% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $346K in reported program spending
  • Leadership: top reported pay $103K · 4 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.