The Horseshoe Nails Brigade

Nonprofit profile at a glance

EIN
994156521
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Roswell, NM, USA
Phone
5759737680
Rating confidence
Limited

Reported finances

Revenue
$-15,478
Expenses
$1,080
Assets
$20,323
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • David West (President)
  • John Erard (Vice President)

People named in this filing

  • David West (President)
  • John Erard (Vice President)
  • Maureen Nelson (Secretary)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make sure that all Chaves County families know they have alternative educational options if they want more from their child's educational experience. To empower access to alternative educational pathways by removing financial and other barriers that prevent underprivileged families and students from pursuing educational excellence and economic prosperity. To support organizations that provide accessible and affordable alternate pathways to educational excellence in skilled trades, military service, higher education, and entrepreneurship for Chaves County families and students that want more from their educational journey.

What it reported doing in 2025

The HSNB maintains approximately $15,000 in funds designated to support local alternative education programs in Chaves County. These funds are awarded to qualifying schools to provide scholarships and assist with supplemental educational expenses for students and families in need. The organization's primary purpose is to raise and distribute financial support to institutions that offer alternative pathways to educational success. These pathways include skilled trades, military service, higher education, and entrepreneurship, with a focus on expanding access and opportunity for students in the community.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -107%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 18.82; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -389.3% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -57.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.