Civic Intelligence

New Mexico Amigos

990 • Fiscal year 2020 • EIN 85-0201252

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

PO Box 2505Roswell, NM 88202

(575) 627-2399

Siviq Scores

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

Liabilities / Assets

94th percentile

0.75x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

5.44x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

43rd percentile

3.2%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$90,000

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 45.9% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

86th percentile

26%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-83%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,415,908

Up $294,010 (+26%) from 2019

Net Assets

Up

$349,554

Up $6,277 (+1.8%) from 2019

Liabilities

Up

$1,066,354

Up $287,733 (+37%) from 2019

Revenue

Down

$195,871

Down $933,950 (-83%) from 2019

Expenses

Down

$189,596

Down $872,553 (-82%) from 2019

Net Income

Down

$6,275

Down $61,397 (-91%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $411,607Liabilities 2010: $176,272Net Assets 2010: $235,3352010Assets 2011: $595,275Liabilities 2011: $466,185Net Assets 2011: $129,0902011Assets 2012: $650,546Liabilities 2012: $458,785Net Assets 2012: $191,7612012Assets 2013: $754,080Liabilities 2013: $507,218Net Assets 2013: $246,8622013Assets 2014: $861,034Liabilities 2014: $610,840Net Assets 2014: $250,1942014Assets 2015: $1,039,334Liabilities 2015: $754,091Net Assets 2015: $285,2432015Assets 2016: $1,059,904Liabilities 2016: $745,285Net Assets 2016: $314,6192016Assets 2017: $1,011,936Liabilities 2017: $744,687Net Assets 2017: $267,2492017Assets 2018: $1,070,168Liabilities 2018: $794,563Net Assets 2018: $275,6052018Assets 2019: $1,121,898Liabilities 2019: $778,621Net Assets 2019: $343,2772019Assets 2020: $1,415,908Liabilities 2020: $1,066,354Net Assets 2020: $349,5542020Assets 2021: $1,185,809Liabilities 2021: $813,074Net Assets 2021: $372,7352021Assets 2022: $1,209,383Liabilities 2022: $751,252Net Assets 2022: $458,1312022Assets 2023: $1,620,652Liabilities 2023: $1,077,909Net Assets 2023: $542,7432023Assets 2024: $1,713,418Liabilities 2024: $1,110,848Net Assets 2024: $602,5702024

Highlighted filing

2020

Assets$1,415,908
Liabilities$1,066,354
Net Assets$349,554

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $723,8212010Expenses 2011: $638,5972011Revenue 2012: $903,224Expenses 2012: $840,553Net Income 2012: $62,6712012Revenue 2013: $781,387Expenses 2013: $726,286Net Income 2013: $55,1012013Revenue 2014: $963,967Expenses 2014: $960,635Net Income 2014: $3,3322014Revenue 2015: $961,653Expenses 2015: $926,604Net Income 2015: $35,0492015Revenue 2016: $966,748Expenses 2016: $937,372Net Income 2016: $29,3762016Revenue 2017: $1,121,097Expenses 2017: $1,168,469Net Income 2017: -$47,3722017Revenue 2018: $1,111,366Expenses 2018: $1,103,013Net Income 2018: $8,3532018Revenue 2019: $1,129,821Expenses 2019: $1,062,149Net Income 2019: $67,6722019Revenue 2020: $195,871Expenses 2020: $189,596Net Income 2020: $6,2752020Revenue 2021: $881,588Expenses 2021: $858,407Net Income 2021: $23,1812021Revenue 2022: $1,085,088Expenses 2022: $999,692Net Income 2022: $85,3962022Revenue 2023: $1,068,571Expenses 2023: $983,959Net Income 2023: $84,6122023Revenue 2024: $1,374,656Expenses 2024: $1,314,829Net Income 2024: $59,8272024

Highlighted filing

2020

Revenue$195,871
Expenses$189,596
Net Income$6,275
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$195,871
Mission and Program Overview

Mission

Economic development of the state of new mexico

Economic development of the state of new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$875,945$1,011,712▲ $135,767
Prepaid Expenses and Deferred Charges$185,256$231,114▲ $45,858
Cash and Non-Interest-Bearing Accounts$42,197$155,082▲ $112,885
Inventories for Sale or Use$18,000$18,000→ $0
Accounts Receivable-$0-
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-
Total Assets$1,121,898$1,415,908▲ $294,010
Other Assets Total$500$0▼ $500
Liabilities
Deferred Revenue$672,609$939,010▲ $266,401
Accounts Payable and Accrued Expenses$105,426$127,324▲ $21,898
Other Liabilities$586$20▼ $566
Total Liabilities$778,621$1,066,354▲ $287,733
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$343,277$349,554▲ $6,277
Total Net Assets Fund Balance$343,277$349,554▲ $6,277
Total Liabilities and Net Assets / Fund Balance$1,121,898$1,415,908▲ $294,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike PembertonExecutive DirectorFT$90,000$90,000
John a Papen IiiTreasurerPT$24,000$24,000

Board Members and Trustees

NameTitle
Clay BushPresident
Laura RileyPresident Elect
Bob FultzPresident-Emeri
Bruce EllisVice President
Brandon JakinoDirector
David PyeattDirector
Max MyersDirector
Michael MillerDirector
Monique JacobsonDirector
Rick MurphyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,415
Investment Income
$4,366
Other Revenue
$6,090
Change in Net Assets
$6,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,969
Other Expenses$66,627
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$90,000$24,000-$114,000
Conferences and Meetings$20,218$1,758-$21,976
Fees for Services Accounting$13,368$3,342-$16,710
Office Expenses$13,179$1,146-$14,325
Payroll Taxes$7,081$1,888-$8,969
Insurance$4,278$1,069-$5,347
Other Expenses$101$25-$126
Fees for Services Other$10$2-$12
Total Functional Expenses$155,716$33,880$0$189,596
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
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$20
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is emailed to the secretary who obtains approval from the other board members by email that the tax return is accurate to their knowledge prior to it being filed.

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

Compensation is determined by board approval.

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

Compensation is determined by board approval.

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

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
New Mexico Amigos
EIN
85-0201252
Phone
5756272399
Address
PO BOX 2505, ROSWELL, NM 88202

Signing Officer

Name
Bruce Ellis
Title
Vice President
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Pemberton
Formed
1962
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Solga & Jakino CPAs PA
Address
901 N Tucker, Farmington, NM 87401
Preparer
M Brandon Jakino
Phone
5053270266
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

ROUNDING = $2

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IRS990/OtherExpensesGrp/Desc1PENALTIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125
IRS990/OtherExpensesGrp/ProgramServicesAmt07481
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IRS990/OtherExpensesGrp/TotalAmt1126
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IRS990/OtherRevenueMiscGrp/Desc0OPERATING MISCELLANEOUS
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IRS990/PayrollTaxesGrp/TotalAmt08969
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0231114
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IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc1LUNCHEONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3TRIP INCOME
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS EMAILED TO THE SECRETARY WHO OBTAINS APPROVAL FROM THE OTHER BOARD MEMBERS BY EMAIL THAT THE TAX RETURN IS ACCURATE TO THEIR KNOWLEDGE PRIOR TO IT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS DETERMINED BY BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED BY BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING = $2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
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IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2505
IRS990/USAddress/CityNm0ROSWELL
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd088202
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NMAMIGOS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE ELLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW MEXICO AMIGOS
ReturnHeader/Filer/BusinessNameControlTxt0NEWM
ReturnHeader/Filer/EIN0850201252
ReturnHeader/Filer/PhoneNum05756272399
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$1.11$0.60$1.37$1.31$0.06
2023Summary only. Only limited summary data is available for this year.$1.62$1.08$0.54$1.07$0.98$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.75$0.46$1.09$1.00$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.81$0.37$0.88$0.86$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.42$1.07$0.35$0.20$0.19$0.01
2019Summary only. Only limited summary data is available for this year.$1.12$0.78$0.34$1.13$1.06$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.79$0.28$1.11$1.10$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.74$0.27$1.12$1.17$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.75$0.31$0.97$0.94$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.75$0.29$0.96$0.93$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.61$0.25$0.96$0.96$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.75$0.51$0.25$0.78$0.73$0.06
2012Summary only. Only limited summary data is available for this year.$0.65$0.46$0.19$0.90$0.84$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.47$0.13$0.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.18$0.24$0.72
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)6 • $1M-$5M nonprofits