Civic Intelligence

New Mexico Nurse Practitioner Council Inc

990 • Fiscal year 2020 • EIN 85-0447285

Apr 01, 2019 to Mar 31, 2020 • Filed on Jun 10, 2020

PO Box 40682Albuquerque, NM 87196

(505) 366-3763

Siviq Scores

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

Liabilities / Assets

84th percentile

0.30x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.54x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

8th percentile

-69%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$98,063

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 54.6% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

29th percentile

-8.9%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-48%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$320,561

Down $31,389 (-8.9%) from 2019

Net Assets

Down

$223,759

Down $124,270 (-36%) from 2019

Liabilities

Up

$96,802

Up $92,881 (+2369%) from 2019

Revenue

Down

$179,718

Down $165,283 (-48%) from 2019

Expenses

Up

$303,988

Up $47,242 (+18%) from 2019

Net Income

Down

-$124,270

Down $212,525 (-241%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $130,923Liabilities 2013: $02013Assets 2015: $170,689Liabilities 2015: $0Net Assets 2015: $170,6892015Assets 2016: $205,117Liabilities 2016: $0Net Assets 2016: $205,1172016Assets 2017: $263,221Liabilities 2017: $0Net Assets 2017: $263,2212017Assets 2018: $260,002Liabilities 2018: $228Net Assets 2018: $259,7742018Assets 2019: $351,950Liabilities 2019: $3,921Net Assets 2019: $348,0292019Assets 2020: $320,561Liabilities 2020: $96,802Net Assets 2020: $223,7592020Assets 2021: $335,217Liabilities 2021: $80,669Net Assets 2021: $254,5482021Assets 2022: $346,193Liabilities 2022: $99,631Net Assets 2022: $246,5622022Assets 2023: $445,885Liabilities 2023: $5,875Net Assets 2023: $440,0102023Assets 2024: $486,390Liabilities 2024: $2,385Net Assets 2024: $484,0052024Assets 2025: $420,207Liabilities 2025: $181,407Net Assets 2025: $238,8002025

Highlighted filing

2020

Assets$320,561
Liabilities$96,802
Net Assets$223,759

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $89,759Expenses 2013: $47,152Net Income 2013: $42,6072013Revenue 2015: $149,725Expenses 2015: $101,440Net Income 2015: $48,2852015Revenue 2016: $190,144Expenses 2016: $188,335Net Income 2016: $1,8092016Revenue 2017: $234,634Expenses 2017: $176,531Net Income 2017: $58,1032017Revenue 2018: $201,095Expenses 2018: $204,542Net Income 2018: -$3,4472018Revenue 2019: $345,001Expenses 2019: $256,746Net Income 2019: $88,2552019Revenue 2020: $179,718Expenses 2020: $303,988Net Income 2020: -$124,2702020Revenue 2021: $249,173Expenses 2021: $218,384Net Income 2021: $30,7892021Revenue 2022: $269,425Expenses 2022: $277,411Net Income 2022: -$7,9862022Revenue 2023: $489,599Expenses 2023: $296,151Net Income 2023: $193,4482023Revenue 2024: $438,461Expenses 2024: $394,466Net Income 2024: $43,9952024Revenue 2025: $591,263Expenses 2025: $423,922Net Income 2025: $167,3412025

Highlighted filing

2020

Revenue$179,718
Expenses$303,988
Net Income-$124,270
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jun 10, 2020
Return Version
2019v5.0
Gross Receipts
$179,718
Mission and Program Overview

Mission

Safer care of patients and CNP education

Nmnpc seeks to unite new mexico's nurse practitioners in an organization dedicated to promoting excellence in practice and optimal patient care. We strive to be informed and effective in our efforts to protect and promote nurse practitioners' professional interests and to provide strong patient advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$351,950$319,631▼ $32,319
Rtn Earn Endowment Incm Other Fnds$348,029$223,759▼ $124,270
Prepaid Expenses and Deferred Charges-$930-
Total Assets$351,950$320,561▼ $31,389
Liabilities
Deferred Revenue-$91,856-
Other Liabilities-$4,946-
Accounts Payable and Accrued Expenses$3,921--
Total Liabilities$3,921$96,802▲ $92,881
Net Assets / Fund Balance
Total Net Assets Fund Balance$348,029$223,759▼ $124,270
Total Liabilities and Net Assets / Fund Balance$351,950$320,561▼ $31,389
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel BevanExecutive DiFT$98,063$98,063

Board Members and Trustees

NameTitle
Lynda Ann GreenPresident
Anita RalstinMember at La
Michael ArchuletaMember at La
Amanda ConleyPast Preside
Kimberly LopezRegion 2 Rep
Elicia CurrierRegion 3 Rep
Lisa MeyersRegion 4 Rep
Michelle PeacockRegion 5 Rep
Rose SaltclahRegion1 Rep
Nicole WilliamsSecretary
Theresa GutierrezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$178,409
Investment Income
$444
Other Revenue
$865
Change in Net Assets
$-124,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,152
Salaries, Compensation, and Employee Benefits$121,836
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$115,396
Conferences and Meetings---$84,088
Advertising---$22,963
Fees for Services Lobbying---$19,383
Fees for Services Accounting---$12,997
All Other Expenses---$7,582
Payroll Taxes---$6,440
Grants to Domestic Orgs---$5,000
Other Expenses---$2,023
Office Expenses---$1,262
Travel---$687
Fees for Services Other---$260
Total Functional Expenses$0$0$0$303,988
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$19,383
Total Nondeductible Lobbying and Political Cost$19,383
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Liabilities$3,429
Payroll Liabilities$1,517
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 8B

No committees have authority to act on behalf of the board of directors.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the signer of the return. The board of directors does not review the form 990.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and financial statements are available upon request

Filing and Contact Details

Filer

Filer Name
New Mexico Nurse Practitioner
EIN
85-0447285
Phone
5053663763
Address
PO BOX 40682, ALBUQUERQUE, NM 87196

Signing Officer

Name
Rachel Bevan
Title
Executive Director
Phone
5053663763
Signed
2020-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Bevan
Formed
1977
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
15

Preparer

Firm
Pulakos Cpas Pc
Address
5921 JEFFERSON ST NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale
Phone
5053381500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Nmnpc seeks to unite new mexico's nurse practitioners in an organization dedicated to promoting excellence in practice and optimal patient care. We strive to be informed and effective in our efforts to protect and promote nurse practitioners' professional interests and to provide strong patient advocacy.

Form 990, Page 1, Part I, Line 6

Board members serve on a volunteer basis, in addition they take on specific tasks as needed (e.g., newsletter, student scholarship reviews, update of formulary, bylaw revisions, educational meeting planning and execution, and attending national meetings to enhance leadership knowledge and skills). Other volunteers also engage in similar activities.

Form 990, Page 2, Part III, Line 4A

Our primary service is providing accredited continuing education for nurse practitioners in new mexico. During fy 2020, we had a three-day conference that provided many approved contract hours. Part of that conference included contract hours of non-cancer pain management continuing education required for all nps who hold dea registration and a nm controlled substance license. We recorded that portion of the conference for separate ce approval as an enduring ce activity to make it available for nps who need that required ce but who were unable to attend the conference. We also had a one-day conference in november that provided 8 approved contract hours. We also completed an extensive update of the formulary that we provide free for members and for a nominal fee for nonmembers. In addition, we maintained our newsletter to keep nps in new mexico abreast of important professional, policy, and clinical information.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NMNPC SEEKS TO UNITE NEW MEXICO'S NURSE PRACTITIONERS IN AN ORGANIZATION DEDICATED TO PROMOTING EXCELLENCE IN PRACTICE AND OPTIMAL PATIENT CARE. WE STRIVE TO BE INFORMED AND EFFECTIVE IN OUR EFFORTS TO PROTECT AND PROMOTE NURSE PRACTITIONERS' PROFESSIONAL INTERESTS AND TO PROVIDE STRONG PATIENT ADVOCACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SERVE ON A VOLUNTEER BASIS, IN ADDITION THEY TAKE ON SPECIFIC TASKS AS NEEDED (E.G., NEWSLETTER, STUDENT SCHOLARSHIP REVIEWS, UPDATE OF FORMULARY, BYLAW REVISIONS, EDUCATIONAL MEETING PLANNING AND EXECUTION, AND ATTENDING NATIONAL MEETINGS TO ENHANCE LEADERSHIP KNOWLEDGE AND SKILLS). OTHER VOLUNTEERS ALSO ENGAGE IN SIMILAR ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR PRIMARY SERVICE IS PROVIDING ACCREDITED CONTINUING EDUCATION FOR NURSE PRACTITIONERS IN NEW MEXICO. DURING FY 2020, WE HAD A THREE-DAY CONFERENCE THAT PROVIDED MANY APPROVED CONTRACT HOURS. PART OF THAT CONFERENCE INCLUDED CONTRACT HOURS OF NON-CANCER PAIN MANAGEMENT CONTINUING EDUCATION REQUIRED FOR ALL NPS WHO HOLD DEA REGISTRATION AND A NM CONTROLLED SUBSTANCE LICENSE. WE RECORDED THAT PORTION OF THE CONFERENCE FOR SEPARATE CE APPROVAL AS AN ENDURING CE ACTIVITY TO MAKE IT AVAILABLE FOR NPS WHO NEED THAT REQUIRED CE BUT WHO WERE UNABLE TO ATTEND THE CONFERENCE. WE ALSO HAD A ONE-DAY CONFERENCE IN NOVEMBER THAT PROVIDED 8 APPROVED CONTRACT HOURS. WE ALSO COMPLETED AN EXTENSIVE UPDATE OF THE FORMULARY THAT WE PROVIDE FREE FOR MEMBERS AND FOR A NOMINAL FEE FOR NONMEMBERS. IN ADDITION, WE MAINTAINED OUR NEWSLETTER TO KEEP NPS IN NEW MEXICO ABREAST OF IMPORTANT PROFESSIONAL, POLICY, AND CLINICAL INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE SIGNER OF THE RETURN. THE BOARD OF DIRECTORS DOES NOT REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BusinessOfficerGrp/PersonNm0RACHEL BEVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-10
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ReturnHeader/FilingSecurityInformation/IPTm017:30:53
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-10
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ReturnHeader/ReturnTs02020-06-10T17:30:53-05:00
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ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

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