Civic Intelligence

Help-New Mexico Inc.

990 • Fiscal year 2014 • EIN 85-0194018

Jul 01, 2013 to Jun 30, 2014 • Filed on Mar 23, 2015

5101 Copper NE87108

(505) 265-3717

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.96x

Higher debt load relative to assets than 91% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

48th percentile

0.22x

Higher debt load relative to revenue than 48% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

32nd percentile

-0.4%

Higher net margin than 32% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$105,684

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

10th percentile

-8.0%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$2,813,597

Down $246,199 (-8.0%) from 2013

Net Assets

Down

$125,883

Down $45,951 (-27%) from 2013

Liabilities

Down

$2,687,714

Down $200,248 (-6.9%) from 2013

Revenue

$12,023,512

No earlier filing loaded for comparison.

Expenses

Down

$12,069,463

Down $1,506,628 (-11%) from 2013

Net Income

-$45,951

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,318,165Liabilities 2010: $2,952,799Net Assets 2010: $365,3662010Assets 2011: $2,949,431Liabilities 2011: $2,719,339Net Assets 2011: $230,0922011Assets 2012: $3,100,012Liabilities 2012: $2,978,888Net Assets 2012: $121,1242012Assets 2013: $3,059,796Liabilities 2013: $2,887,962Net Assets 2013: $171,8342013Assets 2014: $2,813,597Liabilities 2014: $2,687,714Net Assets 2014: $125,8832014Assets 2015: $2,711,971Liabilities 2015: $2,580,460Net Assets 2015: $131,5112015Assets 2016: $2,697,456Liabilities 2016: $2,490,480Net Assets 2016: $206,9762016Assets 2017: $2,572,281Liabilities 2017: $2,452,238Net Assets 2017: $120,0432017Assets 2018: $2,319,377Liabilities 2018: $2,046,809Net Assets 2018: $272,5682018Assets 2019: $2,695,843Liabilities 2019: $2,169,493Net Assets 2019: $526,3502019Assets 2020: $3,016,755Liabilities 2020: $2,663,771Net Assets 2020: $352,9842020Assets 2021: $3,897,481Liabilities 2021: $2,891,542Net Assets 2021: $1,005,9392021Assets 2022: $7,036,500Liabilities 2022: $3,778,286Net Assets 2022: $3,258,2142022Assets 2023: $4,842,787Liabilities 2023: $2,138,737Net Assets 2023: $2,704,0502023Assets 2024: $7,327,425Liabilities 2024: $3,761,466Net Assets 2024: $3,565,9592024

Highlighted filing

2014

Assets$2,813,597
Liabilities$2,687,714
Net Assets$125,883

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $15,363,7082010Expenses 2011: $12,895,0192011Expenses 2012: $13,853,6662012Expenses 2013: $13,576,0912013Revenue 2014: $12,023,512Expenses 2014: $12,069,463Net Income 2014: -$45,9512014Revenue 2015: $12,975,356Expenses 2015: $12,969,728Net Income 2015: $5,6282015Revenue 2016: $13,014,627Expenses 2016: $12,939,162Net Income 2016: $75,4652016Revenue 2017: $13,349,805Expenses 2017: $13,436,738Net Income 2017: -$86,9332017Revenue 2018: $12,891,036Expenses 2018: $12,738,511Net Income 2018: $152,5252018Revenue 2019: $11,866,244Expenses 2019: $11,612,462Net Income 2019: $253,7822019Revenue 2020: $9,641,999Expenses 2020: $9,815,365Net Income 2020: -$173,3662020Revenue 2021: $13,740,956Expenses 2021: $13,088,001Net Income 2021: $652,9552021Revenue 2022: $17,037,040Expenses 2022: $14,784,765Net Income 2022: $2,252,2752022Revenue 2023: $13,467,505Expenses 2023: $14,021,669Net Income 2023: -$554,1642023Revenue 2024: $14,727,103Expenses 2024: $13,981,347Net Income 2024: $745,7562024

Highlighted filing

2014

Revenue$12,023,512
Expenses$12,069,463
Net Income-$45,951
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Mar 23, 2015
Return Version
2013v4.0
Gross Receipts
$12,023,512
Mission and Program Overview

Mission

Help-new mexico inc. Exists to create self-sufficiency and promote economic opportunities to strengthen families throughout new mexico. Activities in workforce development include implementing programs such as work experience, on -the-job training, classroom training, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,337,583$1,349,970▲ $12,387
Pledges and Grants Receivable$1,069,621$987,648▼ $81,973
Cash and Non-Interest-Bearing Accounts$579,728$425,433▼ $154,295
Prepaid Expenses and Deferred Charges$32,864$50,546▲ $17,682
Inventories for Sale or Use$40,000--
Total Assets$3,059,796$2,813,597▼ $246,199
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,410,478$1,485,001▲ $74,523
Accounts Payable and Accrued Expenses$1,049,502$952,995▼ $96,507
Deferred Revenue$413,399$243,827▼ $169,572
Escrow Account Liability$14,583$5,891▼ $8,692
Total Liabilities$2,887,962$2,687,714▼ $200,248
Net Assets / Fund Balance
Unrestricted Net Assets$171,834$125,883▼ $45,951
Total Net Assets Fund Balance$171,834$125,883▼ $45,951
Total Liabilities and Net Assets / Fund Balance$3,059,796$2,813,597▼ $246,199

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$537,373$969,110$1,506,483
Buildings$692,597$183,444$876,041
Land$120,000-$120,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John MartinezExecutive DiFT$92,617$13,067$105,684
John G MatchisonChief FinancFT$75,130$5,201$80,331

Board Members and Trustees

NameTitle
John ChavezChairman
Michael GutierrezVice Chairma
Alex DominguezBoard Member
Araceli OrtegaBoard Member
Gilbert UlibarriBoard Member
Joey HerreraBoard Member
Jon Paul RomeroBoard Member
Marlene WaukazooBoard Member
Nelson SandovalBoard Member
Roger GonzalesBoard Member
Sean MartinezBoard Member
Dora BatistaSecretary
Kenny LujanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,966,821
Program Service Revenue
$55,984
Investment Income
$707
Other Revenue
$0
All Other Contributions
$322,550
Change in Net Assets
$-45,951

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,023,512
Revenue Not Reported on Form 990
$889,828
Total Revenue per Audited Statements
$12,913,340
Total Revenue per Form 990
$12,023,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,323,576
Salaries, Compensation, and Employee Benefits$5,745,887
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,130,108$348,225-$4,478,333
Occupancy$600,639$90,692-$691,331
Payroll Taxes$532,354$52,071-$584,425
All Other Expenses$440,473$2,909-$443,382
Other Employee Benefits$324,597$24,206-$348,803
Office Expenses$216,006$37,730-$253,736
Conferences and Meetings$201,652$42,257-$243,909
Travel$201,080$19,867-$220,947
Other Expenses$182,572$34,809-$217,381
Current Officers, Directors, Trustees, and Key Employees-$197,767-$197,767
Depreciation Depletion-$185,164-$185,164
Pension Plan Contributions$120,002$16,557-$136,559
Insurance$74,692$16,308-$91,000
Interest-$74,957-$74,957
Fees for Services Other$39,933$6,243-$46,176
Fees for Services Accounting$31,834$4,976-$36,810
Advertising$5,715$430-$6,145
Total Functional Expenses$10,914,295$1,155,168$0$12,069,463

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,959,291
Expenses per Audited Statements$12,069,463
Total Expenses per Form 990$12,069,463
Expenses Not Reported on Form 990$889,828
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gene OrtegaFormer EdOffice RentNo$136,407
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 family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

The executive director and chief financial officer will review the form 990 prior to it is issued. The finance committee will also receive and review a copy of the form 990 prior to issuance.

Form 990, Page 6, Part VI, Line 12C

All boards and commissions at help-nm have an annual review and signature confirmation of the agency's conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

Every three years, help-nm contracts for a comparative salary survey. This survey defines the ranges of salaries for specific job categories. Once the salary survey is completed, it is presented to the board of directors for their review and approval. Following its approval, it is implemented at our agency.

Form 990, Page 6, Part VI, Line 15B

Every three years, help-nm contracts for a comparative salary survey. This survey defines the ranges of salaries for specific job categories. Once the salary survey is completed, it is presented to the board of directors for their review and approval. Following its approval, it is implemented at our agency.

Form 990, Page 6, Part VI, Line 19

The financial statements are available upon request.

Filing and Contact Details

Filer

EIN
85-0194018
Phone
5052653717

Signing Officer

Name
John Martinez
Title
Executive Director
Phone
5052653717
Signed
2015-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Martinez
Formed
1965
Legal Domicile
Nm
Voting Board Members
13
Independent Board Members
13
Employees
216
Volunteers
670

Preparer

Preparer
Nick Loftis
Phone
5052935009
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Help-new mexico inc. Exists to create self-sufficiency and promote economic opportunities to strengthen families throughout new mexico. Activities in workforce development include implementing programs such as work experience, on -the-job training, classroom training, etc.

Form 990, Page 12, Part XII, Line 2C

The finance and audit committee selected the auditor in the current year by soliciting bids.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

The individual development funds are government grants (state and federal) to qualified clients as they pursue buying a home, getting an education or starting a business. The client has to deposit into a savings account a specific amount, then the state and/or federal government deposits 1,000 or 2,000. The government's part (the ida reserve) is then delivered to the client.

Schedule D, Page 3, Part X

Help-nm is exempt from income taxes under 501(c)(3) of the internal revenue code, and has been classified by the internal revenue service as an organization that is not a private foundation. Help-nm regularly evaluates activities as it relates to its tax exempt status. If help-nm activities are determined to be outside of its tax exempt status the potential exists for tax liabilities on those unrelated activities. The organization would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. There was no such interest or penalties recorded for the years ended june 30, 2014 and 2013. Help-nm's income tax filings are subject to audit by various taxing authorities. Help-nm's open audit periods are for the years ending june 30, 2011 and after. Help-nm adopted the provisions of fasb asc 740-10 "accounting for uncertainty in income taxes." as a result of the implementation, help-nm has not recognized any changes to the financial statements for uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANC
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IRS990/MissionDesc0HELP-NEW MEXICO INC. EXISTS TO CREATE SELF-SUFFICIENCY AND PROMOTE ECONOMIC OPPORTUNITIES TO STRENGTHEN FAMILIES THROUGHOUT NEW MEXICO. ACTIVITIES IN WORKFORCE DEVELOPMENT INCLUDE IMPLEMENTING PROGRAMS SUCH AS WORK EXPERIENCE, ON -THE-JOB TRAINING, CLASSROOM TRAINING, ETC.
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IRS990/NoncashContributionsAmt022982
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IRS990/OccupancyGrp/TotalAmt0691331
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0324597
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0348803
IRS990/OtherExpensesGrp/Desc0CACFP PROVIDERS
IRS990/OtherExpensesGrp/Desc1PARTICIPANTS
IRS990/OtherExpensesGrp/Desc2VOLUNTEER
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt034809
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IRS990/OtherExpensesGrp/ProgramServicesAmt1550188
IRS990/OtherExpensesGrp/ProgramServicesAmt2345910
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IRS990/OtherExpensesGrp/TotalAmt3217381
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt052071
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050546
IRS990/PrincipalOfficerNm0JOHN MARTINEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055984
IRS990/ProgSrvcAccomActy2Grp/Desc0WORKFORCE DEVELOPMENT PROGRAMS THE WORKFORCE DEVELOPMENT DIVISION'S CONTRACTS PROVIDE FOR JOB TRAINING, JOB PLACEMENTS, EDUCATION, SUPPORTIVE AND EMERGENCY SERVICES, AND GENERAL SUPPORT IN THE PURCHASE OF PERSONAL ASSETS TO UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS, YOUTH, SENIORS, THE HOMELESS AND MIGRANT AND SEASONAL FARMWORKERS THROUGHOUT THE STATE OF NEW MEXICO. THE WORK READINESS PROGRAMS, ALONG WITH THE SUPPORTIVE SERVICES WE PROVIDE, HAVE THE ULTIMATE GOAL OF HELPING LOW INCOME NEW MEXICANS ACHIEVE A HIGHER LEVEL OF SELF- SUFFICIENCY AND AID IN THE DEVELOPMENT OF A TRAINED AND SKILLED WORKFORCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03658593
IRS990/ProgSrvcAccomActy3Grp/Desc0CHILD DEVELOPMENT PROGRAMS PROGRAM PROVIDES COMPREHENSIVE SERVICES (EDUCATION, HEALTH, MENTAL HEALTH, DISABILITY, NUTRITION AND FAMILY SUPPORT SERVICES) TO CHILDREN FROM 3 TO 5 YEARS OF AGE. HELP-NM CURRENTLY OFFERS REGIONAL HEAD START SERVICES IN ANIMAS, ALAMOGORDO, CHAPARRAL, COLUMBUS, DEMING, LA LUZ, LORDSBURG, T OR C AND TULAROSA, NEW MEXICO. THE ORGANIZATION ALSO HAS EARLY HEAD START. THIS PROGRAM PROVIDES PRENATAL SERVICES TO MOTHERS AND SERVICES TO CHILDREN AGED NEWBORN TO 3 YEARS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03544377
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt055984
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013471460
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYTotalRevenueAmt013626801
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-45951
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0MISCELLANEOUS 13,406
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011966821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013471460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013500649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012501526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015032409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt066472865
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0707
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03252
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010953
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017165
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0266364
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt013406
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt066472865
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011966821
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013500649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012501526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015032409
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt066472865
IRS990ScheduleA/TotalSupportAmt066503436
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0true
IRS990ScheduleD/BeginningBalanceAmt014632
IRS990ScheduleD/BuildingsGrp/BookValueAmt0692597
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0183444
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0876041
IRS990ScheduleD/DistributionsDuringYearAmt08741
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0889828
IRS990ScheduleD/DonatedServicesUseFcltsAmt0889828
IRS990ScheduleD/EndingBalanceAmt05891
IRS990ScheduleD/EquipmentGrp/BookValueAmt0537373
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0969110
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IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0120000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0120000
IRS990ScheduleD/RevenueNotReportedAmt0889828
IRS990ScheduleD/RevenueSubtotalAmt012023512
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INDIVIDUAL DEVELOPMENT FUNDS ARE GOVERNMENT GRANTS (STATE AND FEDERAL) TO QUALIFIED CLIENTS AS THEY PURSUE BUYING A HOME, GETTING AN EDUCATION OR STARTING A BUSINESS. THE CLIENT HAS TO DEPOSIT INTO A SAVINGS ACCOUNT A SPECIFIC AMOUNT, THEN THE STATE AND/OR FEDERAL GOVERNMENT DEPOSITS 1,000 OR 2,000. THE GOVERNMENT'S PART (THE IDA RESERVE) IS THEN DELIVERED TO THE CLIENT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1HELP-NM IS EXEMPT FROM INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. HELP-NM REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX EXEMPT STATUS. IF HELP-NM ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF ITS TAX EXEMPT STATUS THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. THE ORGANIZATION WOULD RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WAS NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2014 AND 2013. HELP-NM'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. HELP-NM'S OPEN AUDIT PERIODS ARE FOR THE YEARS ENDING JUNE 30, 2011 AND AFTER. HELP-NM ADOPTED THE PROVISIONS OF FASB ASC 740-10 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." AS A RESULT OF THE IMPLEMENTATION, HELP-NM HAS NOT RECOGNIZED ANY CHANGES TO THE FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 1B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GENE ORTEGA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER ED
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0136407
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0OFFICE RENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: GENE ORTEGA (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: EXECUTIVE DIRECTOR OF RHI AND THE FORMER EXECUTIVE DIRECTOR OF HELP-NM, INC. (C) DESCRIPTION OF TRANSACTION: HELP-NM RENTS OFFICE SPACE FROM RHI.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HELP-NEW MEXICO INC. EXISTS TO CREATE SELF-SUFFICIENCY AND PROMOTE ECONOMIC OPPORTUNITIES TO STRENGTHEN FAMILIES THROUGHOUT NEW MEXICO. ACTIVITIES IN WORKFORCE DEVELOPMENT INCLUDE IMPLEMENTING PROGRAMS SUCH AS WORK EXPERIENCE, ON -THE-JOB TRAINING, CLASSROOM TRAINING, ETC.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.33$3.76$3.57$14.7$14.0$0.75
2023Summary only. Only limited summary data is available for this year.$4.84$2.14$2.70$13.5$14.0$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$3.78$3.26$17.0$14.8$2.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$2.89$1.01$13.7$13.1$0.65
2020Summary only. Only limited summary data is available for this year.$3.02$2.66$0.35$9.64$9.82$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$2.17$0.53$11.9$11.6$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$2.05$0.27$12.9$12.7$0.15
2017Summary only. Only limited summary data is available for this year.$2.57$2.45$0.12$13.3$13.4$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.70$2.49$0.21$13.0$12.9$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.71$2.58$0.13$13.0$13.0$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.81$2.69$0.13$12.0$12.1$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$2.89$0.17$13.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$2.98$0.12$13.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$2.72$0.23$12.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$2.95$0.37$15.4