New Mexico Society of Professional Engineers

Nonprofit profile at a glance

EIN
850099077
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Albuquerque, NM, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$56,659
Expenses
$67,414
Assets
$110,293

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Johanna Malouff (President)
  • Richard Martinez (President Elect)
  • Crystal Enoch (State Chapter Treasurer -Vice President of Finance)
  • Nancy Peay (Secretary - Vice President of Administration)

People named in this filing

  • Johanna Malouff (President)
  • Richard Martinez (President Elect)
  • Crystal Enoch (State Chapter Treasurer -Vice President of Finance)

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

Provides leadership for the advancement of engineering professionalism throughout New Mexico. We provide conferences meetings events and activities throughout the year for professional development. This includes ethics classes and the professional engineering exam review courses. We provide scholarships to engineering students and support STEM educational programs.

What it reported doing in 2024

Annual Conferences - NMSPE Issues Conference Engineers Week Conference and Annual Meeting-these three conferences were held in-person and attendees could also join virtually. These conferences averaged between 80-150 registrants professional engineers requiring professional development hours. The speakers were from local universities and government agencies. Up to 8.0 professional development hours are available for each event. These conferences raise funds to donate to the New Mexico Engineering Foundation the local universities and the MATHCOUNTS Foundation.

Operating model

Revenue model
Other-operating. 80% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.2%; rating input score 92

Transparency & Controls

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

Sustainability

  • Operating margin: -19%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 1.64; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $62K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • 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 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.