New Mexico Women Lead

Nonprofit profile at a glance

EIN
923178145
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Albuquerque, NM, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Women's Service Clubs

Official website

Reported finances

Revenue
$237,897
Expenses
$166,781
Assets
$110,072
Liabilities
$0

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

Leadership & pay

7 people listed

People named in this filing

  • YASINE ARMSTRONG (VICE-CHAIR)
  • AIMEE BARABEE (TREASURER)
  • RIKKI LEE CHAVEZ (DIRECTOR)

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

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

Overview

Mission

Forging pathways to leadership for the women of New Mexico

What it reported doing in 2024

In 2024, nm women lead (nmwl) organized and hosted the second annual building an advanced energy ecosystem in New Mexico conference, held at the clyde hotel in albuquerque on september 23-24. The event supports nmwl's mission to advance civic leadership, economic empowerment, and inclusive participation in critical statewide issues-particularly in the energy sector. This year's conference drew more than 300 registered attendees from across New Mexico and beyond, including professionals from private industry, local and tribal governments, federal agencies, academic institutions, and nonprofit organizations. The program featured over 20 hours of educational content and included 82 speakers and panelists who shared insights across keynote presentations, fireside chats, panel discussions, and hands-on workshops. Programming addressed a broad range of energy-related topics with public benefit, such as electric grid resilience, carbon dioxide removal technologies, cybersecurity, hydrogen innovation, and climate technology entrepreneurship. Special emphasis was placed on equitable access to energy career pathways, workforce development, and community-based solutions. A student poster competition was also hosted as part of the conference to encourage youth engagement and support the development of future leaders in energy. It was further supported by a planning committee and volunteers from partner organizations who contributed time and expertise. Their collective efforts ensured a well-executed event that advanced public education, economic opportunity, and informed dialogue around New Mexico's clean energy transition. By convening stakeholders to share best practices and collaborate on actionable strategies, the 2024 conference meaningfully contributed to nmwl's exempt purpose of fostering leadership, equity, and innovation across sectors vital to the state's future.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
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. 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: 79
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 65
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.6%; rating input score 68
  • Program expense ratio: 96.5%; rating input score 96
  • Fundraising efficiency: $85.45 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 29.9%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 61% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 95.4% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 67.6% of revenue deployed · 96.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $161K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.