Civic Intelligence

The Grants Collective

EIN 47-4775253 • 501(c)3 • Albuquerque, NM

Profile

The grants collective builds grant seeking capacity of new mexico nonprofit organizations so that they are better resourced to achieve their charitable and social missions.

P O Box 7157Albuquerque, NM 87194

thegrantscollective.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.51x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-75%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$92,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 27.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

13th percentile

-83%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$51,721

Down $250,741 (-83%) from 2019

Liabilities

Down

$26,481

Down $2,632 (-9.0%) from 2019

Net Assets

Down

$25,240

Down $248,109 (-91%) from 2019

Revenue

Down

$331,067

Down $283,899 (-46%) from 2019

Expenses

Up

$579,176

Up $197,328 (+52%) from 2019

Net Income

Down

-$248,109

Down $481,227 (-206%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2016: $334,544Liabilities 2016: $327,891Net Assets 2016: $6,6532016Assets 2017: $126,986Liabilities 2017: $123,411Net Assets 2017: $3,5752017Assets 2018: $70,384Liabilities 2018: $30,153Net Assets 2018: $40,2312018Assets 2019: $302,462Liabilities 2019: $29,113Net Assets 2019: $273,3492019Assets 2020: $51,721Liabilities 2020: $26,481Net Assets 2020: $25,2402020

Highlighted filing

2020

Assets$51,721
Liabilities$26,481
Net Assets$25,240

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $92,803Expenses 2016: $89,652Net Income 2016: $3,1512016Revenue 2017: $423,103Expenses 2017: $426,188Net Income 2017: -$3,0852017Revenue 2018: $567,666Expenses 2018: $544,639Net Income 2018: $23,0272018Revenue 2019: $614,966Expenses 2019: $381,848Net Income 2019: $233,1182019Revenue 2020: $331,067Expenses 2020: $579,176Net Income 2020: -$248,1092020

Highlighted filing

2020

Revenue$331,067
Expenses$579,176
Net Income-$248,109

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 3, 2021
Return Version
2020v4.0
Gross Receipts
$331,067
Mission and Program Overview

Mission

The grants collective builds grant seeking capacity of new mexico nonprofit organizations so that they are better resourced to achieve their charitable and social missions.

Pivotal New Mexico is the leading authority in seeking and securing new sources of funding by strategically building the capacity of and coordination among mission-driven organizations so they are better resourced to fulfill their mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$55,445$28,269▼ $27,176
Cash and Non-Interest-Bearing Accounts$243,050$22,142▼ $220,908
Prepaid Expenses and Deferred Charges$2,606$0▼ $2,606
Savings and Temporary Cash Investments$51$0▼ $51
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$302,462$51,721▼ $250,741
Other Assets Total$1,310$1,310→ $0
Liabilities
Accounts Payable and Accrued Expenses$29,113$26,481▼ $2,632
Total Liabilities$29,113$26,481▼ $2,632
Net Assets / Fund Balance
Net Assets With Donor Restrictions$281,760$127,426▼ $154,334
Net Assets Without Donor Restrictions$-8,411$-102,186▼ $93,775
Total Net Assets Fund Balance$273,349$25,240▼ $248,109
Total Liabilities and Net Assets / Fund Balance$302,462$51,721▼ $250,741
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terrence BrunnerCEOFT$90,800$1,200$92,000

Board Members and Trustees

NameTitle
Travis SuazoChair
Justin ZoladzVice Chair
Brett JohnsonDirector
Cathy FreyDirector
Cindy PadillaDirector
Erin HagenowDirector
Kyle WardDirector
Robin BruleDirector
TJ CookDirector
Tina Garcia-ShamsDirector
Jennifer BrowerSecretary
Alexander HeubeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$107,878
Program Service Revenue
$222,741
Investment Income
$448
Other Revenue
$0
All Other Contributions
$107,878
Change in Net Assets
$-248,109

Audited Revenue Reconciliation

Revenue per Audited Statements
$331,067
Total Revenue per Audited Statements
$331,067
Total Revenue per Form 990
$331,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,188
Salaries, Compensation, and Employee Benefits$241,988
Total Fundraising Expense$40,288
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$230,834--$230,834
Other Salaries and Wages$98,659$19,210$4,776$122,645
Current Officers, Directors, Trustees, and Key Employees$64,400-$27,600$92,000
Information Technology$44,979--$44,979
Fees for Services Accounting-$27,735-$27,735
Occupancy$17,216$2,039$3,397$22,652
Payroll Taxes$13,852$1,640$2,734$18,226
Pension Plan Contributions$5,655$670$1,117$7,442
Insurance$3,008$356$593$3,957
Other Employee Benefits$1,345$259$71$1,675
Travel$1,091$192-$1,283
Advertising$1,250--$1,250
All Other Expenses$141--$141
Other Expenses$56$24-$56
Total Functional Expenses$486,763$52,125$40,288$579,176

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$579,176
Total Expenses per Audited Statements$579,176
Total Expenses per Form 990$579,176
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Erin Hielkema is a co-owner of The Grant Plant. The Grant Plant provided services as described above to Pivotal New Mexico during the current tax year. Board policy dictates that all transactions with interested persons be approved by the board and written decision retained in records. Compensation was paid at market rates and no excess benefit transactions occured.

Form 990, Part VI, Line 11B: Form 990 Review Process

Organization's Process to Review Form 990 Form 990 is reviewed by the signing officer, executive directors, and finance committee before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

New directors, committee members and officers are required to submit, in writing, a list of potential conflicts, and make an updated disclosure annually. Such persons must also sign an annual statement affirming they have received, read and agree to comply with the policy. The board or an appropriate committee may take corrective or disciplinary action with regard to any such person who is found to be in violation of the policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Per board policy, wage comparability study in similar organizations will be undertaken every other year to compare salaries of senior management and other key personnel against industry standards. This study and result will be prepared by the Executive Directors and presented to the board on a bi-annual basis at a regular board meeting or board retreat. The Board will review and set senior management compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Per board policy, wage comparability study in similar organizations will be undertaken every other year to compare salaries of senior management and other key personnel against industry standards. This study and result will be prepared by the Executive Directors and presented to the board on a bi-annual basis at a regular board meeting or board retreat. The Board will review and set senior management compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available from the organization upon request. The organization's governing documents, IRS determination letter, annual IRS information filing and annual New Mexico report are also available on the New Mexico Attorney General's Charitable Organization Registration Online System (COROS) at https://secure.nmag.gov/CharitySearch/. In addition, financial statements, Form 1023 and the IRS determination letter are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Pivotal New Mexico
EIN
47-4775253
Phone
5052260171
Address
P O Box 7157, Albuquerque, NM 87194

Signing Officer

Name
Travis Suazo
Title
Chair
Signed
2021-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Travis Suazo
Formed
2015
Legal Domicile
Nm
Voting Board Members
12
Independent Board Members
12
Employees
5

Preparer

Firm
Moen Accounting DBA Janice Moen CPA
Address
26965 Road N, Cortez, CO 81321
Preparer
Janice Moen CPA
Phone
5052502231
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has received tax-exempt status under section 501(c)(3) of the Internal Revenue Code. The Organization has adopted accounting principles generally accepted in the United States of America as they relate to uncertain tax positions for the year ended December 31, 2020, and has evaluated its tax positions taken for all open tax years. The Organization is not currently under audit nor has the Organization been contacted by this jurisdiction. Management believes that the activities of the Organization are within their taxexempt purpose, and that there are no uncertain tax positions.

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IRS990/MissionDesc0Pivotal New Mexico is the leading authority in seeking and securing new sources of funding by strategically building the capacity of and coordination among mission-driven organizations so they are better resourced to fulfill their mission.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Cooperative Network helps nonprofits, government agencies, and educational institutions secure national and federal investment. The Network includes face-to-face and web-based resources to help members pursue well-aligned opportunities, improve capability and capacity for securing national dollars, and develop collaborations and partnerships.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Talent Academy is a four-month professional development fellowship for those who want to rapidly upgrade their grant seeking abilities, learn through a comprehensive and structured progression, and set up a robust grant program within their agency.
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