Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
EIN 20-4468893 • 501(c)3 • Albuquerque, NM
Profile
The foundation was created to raise & manage funds to support the efforts of the heart gallery of new mexico and other related programs & events. An additional purpose is to educate the public and raise awareness of the need for adoptive & foster care families for new mexico's foster children. The foundation promotes private and public partnerships and encourages community efforts to support the foster care system in new mexico.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 19.4% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Assets
Down$416,192
Down $34,519 (-7.7%) from 2022
Liabilities
Down$1,585
Down $1,455 (-48%) from 2022
Net Assets
Down$414,607
Down $33,064 (-7.4%) from 2022
Revenue
Down$244,874
Down $34,462 (-12%) from 2022
Expenses
Up$278,261
Up $91,706 (+49%) from 2022
Net Income
Down-$33,387
Down $126,168 (-136%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2019 below.
The foundation was created to raise & manage funds to support the efforts of the heart gallery of new mexico and other related programs & events. An additional purpose is to educate the public and raise awareness of the need for adoptive & foster care families for new mexico's foster children. The foundation promotes private and public partnerships and encourages community efforts to support the foster care system in new mexico.
The foundation was created to raise & manage funds to support the efforts of the heart gallery of new mexico and other related programs & events. An additional purpose is to educate the public and raise awareness of the need for adoptive & foster care families for new foster child support.
| Description | Grants | Expenses |
|---|---|---|
| FOSTER CHILD SUPPORT: THIS PROGRAM PROMOTES A SAFE AND PRODUCTIVE TRANSITION TO INDEPENDENT LIVING FOR YOUTH WHO "AGE OUT" OF THE FOSTER CARE SYSTEM AT 18-21. THE ORGANIZATION HELPS THEM ACCESS EDUCATION, EMPLOYMENT AND LIFE SKILLS, AND MENTORING TO ENSURE A SUSTAINABLE FUTURE. ALSO, THE ORGANIZATION HELPS TEENS, PRE-TEENS, SIBLING GROUPS AND MILDLY DISABLED FOSTER CHILDREN RECEIVE OPPORTUNITIES AND SERVICES FOR PERSONAL GROWTH, AS WELL AS IMPROVED MENTAL & PHYSICAL HEALTH, BY PROVIDING ASSISTANCE IN THE FORM OF HOUSING SUPPORT, EDUCATIONAL SUPPORT, DRIVER'S EDUCATION, COOKING CLASSES, ETC. | $19,442 | $49,794 |
| HEART GALLERY EVENTS: SUPPORTING NEW MEXICO CYFD WITH THEIR ADOPTION AND FOSTER PARENTS EVENTS WITH THE GOALS OF 1) MATCHING FOSTER CHILDREN RELEASED FOR ADOPTION AND CYFD- APPROVED ADOPTIVE PARENTS WITH THE HOPE OF FINDING THAT SPECIAL ATTACHMENT;2) OFFERING A UNIQUE SOCIAL OPPORTUNITY FOR FOSTER CHILDREN; 3) THANKING CURRENT FOSTER PARENTS; AND 4) PROVIDING SIBLINGS WHO ARE LIVING APART AN OPPORTUNITY TO SPEND A DAY TOGETHER. | - | $26,482 |
| HEART GALLERY EXHIBITIONS: THESE EXHIBITIONS ARE TO ASSURE AN INCREASE IN "HARD TO PLACE" ADOPTIONS BY ASSISTING THE NEW MEXICO CHILDREN, YOUTH AND FAMILIES DEPARTMENT. THESE EXHIBITIONS DISPLAY PORTRAITS OF FOSTER-CHILDREN TAKEN BY NEW MEXICAN PHOTOGRAPHERS AS A CREATIVE WAY TO ENCOURAGE ADOPTION. HEART GALLERIES ARE PLACED IN PUBLIC PLACES THROUGHOUT NEW MEXICO. | - | $7,750 |
| GENERAL PROGRAMS & PUBLIC AWARENESS: THIS PROGRAM STRIVES TO 1) ADVANCE PUBLIC AWARENESS AND ENCOURAGE ADOPTION AND FOSTER PARENTING; 2) CONVEY THE REALITY OF LIFE AS A FOSTER CHILD; AND 3) DISSOLVE THE MYTHS AND FEARS OF ADOPTION BY USING POSITIVE ROLE MODELS OF SUCCESS AND RELAYING LIFE CHANGING POSITIVE OPPORTUNITIES. | - | $5,078 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CANDACE GOULD | Executive Di | FT | $36,000 | - | $36,000 |
| GERALD PETERS | President | - | $0 | - | - |
| MARJORI KREBS | Vice Preside | - | $0 | - | - |
| CATHY MCCORKLE | Treasurer | - | $0 | - | - |
| ANGELA R ROMERO | Secretary | - | $0 | - | - |
| JEFFREY BRANCH | Director | - | $0 | - | - |
| MICHELLE BRANCH | Director | - | $0 | - | - |
| STEPHANIE GATLIN | Director | - | $0 | - | - |
| VINCENT GATLIN | Director | - | $0 | - | - |
| PAUL KREBS | Director | - | $0 | - | - |
| SUSAN F DARNELL | Director | - | $0 | - | - |
| SHERMAN MCCORKLE | Director | - | $0 | - | - |
| GEORGE MUNOZ | Director | - | $0 | - | - |
| JACQUELYN REEVE | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala Event | $95,339 | $76,226 | $243 | $75,983 |
| Total Events | $95,339 | $76,226 | $9,948 | $66,278 |
“Cash contribution: 12,442 cash contribution: 7,000”
“Gala event office 382 expenses website 681 office expenses 2,310 insurance 860 portrait exhibit exps 7,750 foster programs exp 30,352 hg/cyfd sponsored event 314 total 42,649”
“Credit card payable 562 1,408”
“The foundation was created to raise & manage funds to support the efforts of the heart gallery of new mexico and other related programs & events. An additional purpose is to educate the public and raise awareness of the need for adoptive & foster care families for new foster child support.”
“Foster child support: this program promotes a safe and productive transition to independent living for youth who "age out" of the foster care system at 18-21. The organization helps them access education, employment and life skills, and mentoring to ensure a sustainable future. Also, the organization helps teens, pre-teens, sibling groups and mildly disabled foster children receive opportunities and services for personal growth, as well as improved mental & physical health, by providing assistance in the form of housing support, educational support, driver's education, cooking classes, etc.”
“Heart gallery exhibitions: these exhibitions are to assure an increase in "hard to place" adoptions by assisting the new mexico children, youth and families department. These exhibitions display portraits of foster-children taken by new mexican photographers as a creative way to encourage adoption. Heart galleries are placed in public places throughout new mexico.”
“General programs & public awareness: this program strives to 1) advance public awareness and encourage adoption and foster parenting; 2) convey the reality of life as a foster child; and 3) dissolve the myths and fears of adoption by using positive role models of success and relaying life changing positive opportunities.”
“Heart gallery events: supporting new mexico cyfd with their adoption and foster parents events with the goals of 1) matching foster children released for adoption and cyfd- approved adoptive parents with the hope of finding that special attachment;2) offering a unique social opportunity for foster children; 3) thanking current foster parents; and 4) providing siblings who are living apart an opportunity to spend a day together.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOSTER CHILD SUPPORT: THIS PROGRAM PROMOTES A SAFE AND PRODUCTIVE TRANSITION TO INDEPENDENT LIVING FOR YOUTH WHO "AGE OUT" OF THE FOSTER CARE SYSTEM AT 18-21. THE ORGANIZATION HELPS THEM ACCESS EDUCATION, EMPLOYMENT AND LIFE SKILLS, AND MENTORING TO ENSURE A SUSTAINABLE FUTURE. ALSO, THE ORGANIZATION HELPS TEENS, PRE-TEENS, SIBLING GROUPS AND MILDLY DISABLED FOSTER CHILDREN RECEIVE OPPORTUNITIES AND SERVICES FOR PERSONAL GROWTH, AS WELL AS IMPROVED MENTAL & PHYSICAL HEALTH, BY PROVIDING ASSISTANCE IN THE FORM OF HOUSING SUPPORT, EDUCATIONAL SUPPORT, DRIVER'S EDUCATION, COOKING CLASSES, ETC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | HEART GALLERY EXHIBITIONS: THESE EXHIBITIONS ARE TO ASSURE AN INCREASE IN "HARD TO PLACE" ADOPTIONS BY ASSISTING THE NEW MEXICO CHILDREN, YOUTH AND FAMILIES DEPARTMENT. THESE EXHIBITIONS DISPLAY PORTRAITS OF FOSTER-CHILDREN TAKEN BY NEW MEXICAN PHOTOGRAPHERS AS A CREATIVE WAY TO ENCOURAGE ADOPTION. HEART GALLERIES ARE PLACED IN PUBLIC PLACES THROUGHOUT NEW MEXICO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | GENERAL PROGRAMS & PUBLIC AWARENESS: THIS PROGRAM STRIVES TO 1) ADVANCE PUBLIC AWARENESS AND ENCOURAGE ADOPTION AND FOSTER PARENTING; 2) CONVEY THE REALITY OF LIFE AS A FOSTER CHILD; AND 3) DISSOLVE THE MYTHS AND FEARS OF ADOPTION BY USING POSITIVE ROLE MODELS OF SUCCESS AND RELAYING LIFE CHANGING POSITIVE OPPORTUNITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | HEART GALLERY EVENTS: SUPPORTING NEW MEXICO CYFD WITH THEIR ADOPTION AND FOSTER PARENTS EVENTS WITH THE GOALS OF 1) MATCHING FOSTER CHILDREN RELEASED FOR ADOPTION AND CYFD- APPROVED ADOPTIVE PARENTS WITH THE HOPE OF FINDING THAT SPECIAL ATTACHMENT;2) OFFERING A UNIQUE SOCIAL OPPORTUNITY FOR FOSTER CHILDREN; 3) THANKING CURRENT FOSTER PARENTS; AND 4) PROVIDING SIBLINGS WHO ARE LIVING APART AN OPPORTUNITY TO SPEND A DAY TOGETHER. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 19113 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 19113 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 9948 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GALA EVENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 6802 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 6802 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 95339 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 95339 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 76226 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 76226 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 66278 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 440 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 440 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 243 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 243 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 2113 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 2113 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 12,442 CASH CONTRIBUTION: 7,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GALA EVENT OFFICE 382 EXPENSES WEBSITE 681 OFFICE EXPENSES 2,310 INSURANCE 860 PORTRAIT EXHIBIT EXPS 7,750 FOSTER PROGRAMS EXP 30,352 HG/CYFD SPONSORED EVENT 314 TOTAL 42,649 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CREDIT CARD PAYABLE 562 1,408 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FOUNDATION WAS CREATED TO RAISE & MANAGE FUNDS TO SUPPORT THE EFFORTS OF THE HEART GALLERY OF NEW MEXICO AND OTHER RELATED PROGRAMS & EVENTS. AN ADDITIONAL PURPOSE IS TO EDUCATE THE PUBLIC AND RAISE AWARENESS OF THE NEED FOR ADOPTIVE & FOSTER CARE FAMILIES FOR NEW FOSTER CHILD SUPPORT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FOSTER CHILD SUPPORT: THIS PROGRAM PROMOTES A SAFE AND PRODUCTIVE TRANSITION TO INDEPENDENT LIVING FOR YOUTH WHO "AGE OUT" OF THE FOSTER CARE SYSTEM AT 18-21. THE ORGANIZATION HELPS THEM ACCESS EDUCATION, EMPLOYMENT AND LIFE SKILLS, AND MENTORING TO ENSURE A SUSTAINABLE FUTURE. ALSO, THE ORGANIZATION HELPS TEENS, PRE-TEENS, SIBLING GROUPS AND MILDLY DISABLED FOSTER CHILDREN RECEIVE OPPORTUNITIES AND SERVICES FOR PERSONAL GROWTH, AS WELL AS IMPROVED MENTAL & PHYSICAL HEALTH, BY PROVIDING ASSISTANCE IN THE FORM OF HOUSING SUPPORT, EDUCATIONAL SUPPORT, DRIVER'S EDUCATION, COOKING CLASSES, ETC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | HEART GALLERY EXHIBITIONS: THESE EXHIBITIONS ARE TO ASSURE AN INCREASE IN "HARD TO PLACE" ADOPTIONS BY ASSISTING THE NEW MEXICO CHILDREN, YOUTH AND FAMILIES DEPARTMENT. THESE EXHIBITIONS DISPLAY PORTRAITS OF FOSTER-CHILDREN TAKEN BY NEW MEXICAN PHOTOGRAPHERS AS A CREATIVE WAY TO ENCOURAGE ADOPTION. HEART GALLERIES ARE PLACED IN PUBLIC PLACES THROUGHOUT NEW MEXICO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GENERAL PROGRAMS & PUBLIC AWARENESS: THIS PROGRAM STRIVES TO 1) ADVANCE PUBLIC AWARENESS AND ENCOURAGE ADOPTION AND FOSTER PARENTING; 2) CONVEY THE REALITY OF LIFE AS A FOSTER CHILD; AND 3) DISSOLVE THE MYTHS AND FEARS OF ADOPTION BY USING POSITIVE ROLE MODELS OF SUCCESS AND RELAYING LIFE CHANGING POSITIVE OPPORTUNITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | HEART GALLERY EVENTS: SUPPORTING NEW MEXICO CYFD WITH THEIR ADOPTION AND FOSTER PARENTS EVENTS WITH THE GOALS OF 1) MATCHING FOSTER CHILDREN RELEASED FOR ADOPTION AND CYFD- APPROVED ADOPTIVE PARENTS WITH THE HOPE OF FINDING THAT SPECIAL ATTACHMENT;2) OFFERING A UNIQUE SOCIAL OPPORTUNITY FOR FOSTER CHILDREN; 3) THANKING CURRENT FOSTER PARENTS; AND 4) PROVIDING SIBLINGS WHO ARE LIVING APART AN OPPORTUNITY TO SPEND A DAY TOGETHER. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 29 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 30 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CATHY MCCORKLE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5052697711 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-06-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HEART GALLERY OF NEW MEXICO |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HEAR |
| ReturnHeader/Filer/EIN | 0 | 204468893 |
| ReturnHeader/Filer/PhoneNum | 0 | 5052697711 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 13170-B CENTRAL AVE SE 190 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 87123 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | A70876B9BD0726E690DE1FD9082ADA69C69420AD |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A70876B9BD0726E690DE1FD9082ADA69C69420AD |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 192.139.0.2 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-06-08 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 12:38:30 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 850349798 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | REYNOLDS HIX & CO PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6729 ACADEMY RDNE STE D |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 87109 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5058282900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-06-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON C HIX |
| ReturnHeader/ReturnTs | 0 | 2020-06-08T12:38:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
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