Civic Intelligence

Prosperity Works

990 • Fiscal year 2016 • EIN 85-0466059

Oct 01, 2015 to Sep 30, 2016 • Filed on Jun 01, 2017

Organization ProfileWWW.PROSPERITYWORKS.NET

View Organization Page

909 Copper Avenue NorthwestAlbuquerque, NM 87102

(505) 217-2747

Siviq Scores

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

Liabilities / Assets

60th percentile

0.02x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • NTEE Y • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.02x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • NTEE Y • $1M-$5M nonprofits • Source year 2016

Net Margin

76th percentile

44%

Higher net margin than 76% of similar nonprofits.

2016 filings • NTEE Y • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$73,800

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2016 filings • NTEE Y • $1M-$5M nonprofits • Source year 2016

Asset Growth

95th percentile

52%

Faster asset growth than 95% of similar nonprofits.

2016 filings • NTEE Y • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

28%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • NTEE Y • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$996,027

Up $341,277 (+52%) from 2015

Net Assets

Up

$971,369

Up $455,841 (+88%) from 2015

Liabilities

Down

$24,658

Down $114,564 (-82%) from 2015

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin76th percentile

Revenue

Up

$1,027,740

Up $222,492 (+28%) from 2015

Expenses

Down

$571,899

Down $636,136 (-53%) from 2015

Net Income

Up

$455,841

Up $858,628 (+213%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,939,119Liabilities 2011: $67,906Net Assets 2011: $2,871,2132011Assets 2012: $2,310,870Liabilities 2012: $103,469Net Assets 2012: $2,207,4012012Assets 2013: $1,378,540Liabilities 2013: $64,321Net Assets 2013: $1,314,2192013Assets 2014: $1,112,777Liabilities 2014: $77,423Net Assets 2014: $1,035,3542014Assets 2015: $654,750Liabilities 2015: $139,222Net Assets 2015: $515,5282015Assets 2016: $996,027Liabilities 2016: $24,658Net Assets 2016: $971,3692016Assets 2017: $1,570,852Liabilities 2017: $97,580Net Assets 2017: $1,473,2722017Assets 2018: $1,497,661Liabilities 2018: $168,878Net Assets 2018: $1,328,7832018Assets 2019: $1,350,284Liabilities 2019: $377,555Net Assets 2019: $972,7292019Assets 2020: $1,440,624Liabilities 2020: $365,737Net Assets 2020: $1,074,8872020Assets 2021: $1,402,137Liabilities 2021: $523,794Net Assets 2021: $878,3432021Assets 2022: $1,771,855Liabilities 2022: $1,092,984Net Assets 2022: $678,8712022Assets 2023: $1,912,473Liabilities 2023: $1,382,533Net Assets 2023: $529,9402023Assets 2024: $1,556,487Liabilities 2024: $1,184,947Net Assets 2024: $371,5402024

Highlighted filing

2016

Assets$996,027
Liabilities$24,658
Net Assets$971,369
Open 2016 Filing

Operations Trend

Revenue Growth83rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,093,3022011Expenses 2012: $1,109,2602012Expenses 2013: $1,188,5952013Revenue 2014: $506,594Expenses 2014: $800,209Net Income 2014: -$293,6152014Revenue 2015: $805,248Expenses 2015: $1,208,035Net Income 2015: -$402,7872015Revenue 2016: $1,027,740Expenses 2016: $571,899Net Income 2016: $455,8412016Revenue 2017: $1,112,617Expenses 2017: $610,714Net Income 2017: $501,9032017Revenue 2018: $752,349Expenses 2018: $896,838Net Income 2018: -$144,4892018Revenue 2019: $1,025,750Expenses 2019: $1,381,804Net Income 2019: -$356,0542019Revenue 2020: $1,020,246Expenses 2020: $770,892Net Income 2020: $249,3542020Revenue 2021: $462,169Expenses 2021: $657,966Net Income 2021: -$195,7972021Revenue 2022: $660,541Expenses 2022: $665,182Net Income 2022: -$4,6412022Revenue 2023: $662,063Expenses 2023: $803,844Net Income 2023: -$141,7812023Revenue 2024: $582,824Expenses 2024: $912,490Net Income 2024: -$329,6662024

Highlighted filing

2016

Revenue$1,027,740
Expenses$571,899
Net Income$455,841
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jun 1, 2017
Return Version
2015v3.0
Gross Receipts
$1,027,740
Mission and Program Overview

Mission

Prosperity works builds the capacity of organizations and advocates for policies that generate economic prosperity for all new mexicans. Through this work, we implement a vision that every new mexican has the opportunity, knowledge and relationships to achieve economic prosperity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$227,896$657,351▲ $429,455
Cash and Non-Interest-Bearing Accounts$283,730$169,084▼ $114,646
Land, Buildings, and Equipment, Net$105,000$105,000→ $0
Pledges and Grants Receivable$31,000$49,250▲ $18,250
Prepaid Expenses and Deferred Charges-$5,000-
Total Assets$654,750$996,027▲ $341,277
Other Assets Total$7,124$10,342▲ $3,218
Liabilities
Accounts Payable and Accrued Expenses$15,059$14,316▼ $743
Other Liabilities$124,163$10,342▼ $113,821
Total Liabilities$139,222$24,658▼ $114,564
Net Assets / Fund Balance
Temporarily Rstr Net Assets$258,396$683,601▲ $425,205
Unrestricted Net Assets$257,132$287,768▲ $30,636
Total Net Assets Fund Balance$515,528$971,369▲ $455,841
Total Liabilities and Net Assets / Fund Balance$654,750$996,027▲ $341,277

Asset Categories

AssetBook ValueDepreciationBasis
Land$105,000--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ona PorterPresident anFT$72,800$1,000$73,800

Board Members and Trustees

NameTitle
Everette HillChairman
Amanda ManjarrezMember
Arellana D CorderoMember
Keegan KingMember
Martin UlloaMember
Nathalie MartinMember
Susan MorrisonMember
Revenue and Support

Revenue Composition

Contributions and Grants
$978,785
Program Service Revenue
$28,000
Investment Income
$284
Other Revenue
$20,671
All Other Contributions
$947,285
Change in Net Assets
$455,841

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,027,740
Total Revenue per Audited Statements
$1,027,740
Total Revenue per Form 990
$1,027,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$288,277
Other Expenses$256,109
Total Fundraising Expense$31,627
Grants and Similar Amounts Paid$27,513
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,118$12,918$12,859$156,895
Fees for Services Other$76,877$16,698$7,401$100,976
Current Officers, Directors, Trustees, and Key Employees$61,674$6,076$6,050$73,800
Occupancy$32,542$3,524-$36,066
Other Employee Benefits$24,889$2,452$2,640$29,981
Payroll Taxes$23,123$2,252$2,226$27,601
Grants to Domestic Individuals$27,513--$27,513
Fees for Services Legal$14,929--$14,929
Information Technology$10,737$2,465-$13,202
Office Expenses$6,465$3,168$181$9,814
Travel$4,653$565$7$5,225
Conferences and Meetings$1,938$752$191$2,881
Insurance$1,489$789-$2,278
All Other Expenses$251$120-$371
Advertising$288-$72$360
Other Expenses$1,997$334-$334
Total Functional Expenses$488,159$52,113$31,627$571,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$571,899
Total Expenses per Audited Statements$571,899
Total Expenses per Form 990$571,899
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ona PorterEd and PresidenRentNo$28,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Held for Others$10,342
Grant Due Back to Fed Gov-
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
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
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

“Explanation: form 990 and all schedules were provided to management and the board of directors prior to f1l1ng for approval”

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

“On an annual basis the directors of the board renew their conflict of interest policy with updated information. Throughout the year the officers are asked to disclose potential conflict at board meetings.”

Form 990, Page 6, Part VI, Line 19

“On the website and upon request. Also on the state of nm corporations division website”

Filing and Contact Details

Filer

Filer Name
Prosperity Works
EIN
85-0466059
Phone
5052172747
Address
909 COPPER AVENUE NORTHWEST, ALBUQUERQUE, NM 87102

Signing Officer

Name
Ona Porter
Title
President and CEO
Phone
5052172747
Signed
2017-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ona Porter
Formed
1999
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
7
Employees
6
Volunteers
5

Preparer

Firm
Hinkle Landers Pc
Address
2500 9TH ST NW, ALBUQUERQUE, NM 87102-1055
Preparer
Farley Vener
Phone
5058838788
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Prosperity works builds the capacity of organizations and advocates for policies that generate economic prosperity for all new mexicans. Through this work, we implement a vision that every new mexican has the opportunity, knowledge and relationships to achieve economic prosperity.”

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

“Over 11 million include total savings deposits. Over 7 million in deposits held in nm total economic stimulus 38 million cash infused into local communities. Workforce development skilled, localized, educated, vested families home-ownership 205 families in safe and secure housing, 32,800,000 in new mortgage holdings, 1,025,000 cash infusion into the economy. Increased business activity 378 new or expanded locally-owned businesses, 661 new jobs created or employment retained, 1,890,000 cash infusion into the economy workforce development 222 new mexicans earning a higher education degree, 2,308,000 increased earning potential per year, 1,100,000 cash infused into higher education.”

Form 990, Part IX, Line 11G

“Other fees 36,567 12,091 0 other professional 4,445 0 0 other professional 2,317 0 0 subcontractors 7,207 307 7,401 subcontractors 1,802 0 0 subcontractors 667 0 0 acct 16,547 4,300 0 acct 7,325 0 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“Prosperity works operates as a not-for-profit corporation and has received exempt status under section 501(c)(3) of the internal revenue code, and has been designated as an organization other than a private foundation. Contributions to the organization qualify for the charitable contributions deduction to the extent provided by section 170 of the internal revenue code. Prosperity works has adopted accounting principles generally accepted in the united states of america as they relate to uncertain tax positions. Any interest and penalties recognized associated with a tax position are classified as current in the prosperity works financial statements. Currently, the 2013, 2014, and 2015 tax years are open and subject to examination by the internal revenue service and new mexico taxation and revenue department. However, the organization is not currently under audit nor has the organization been contacted by any of these jurisdictions. Management believes that they are operating within their tax-exempt purpose. Prosperity works recognizes interest accrued related to unrecognized tax benefits in interest expenses and penalties in operating expenses, when applicable. No provision for the effects of uncertain tax positions has been recorded for the years ended september 30, 2016 or 2015.”

Raw XML AppendixShowing 400 of 471 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015059
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014316
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY.
IRS990/AdvertisingGrp/FundraisingAmt072
IRS990/AdvertisingGrp/ProgramServicesAmt0288
IRS990/AdvertisingGrp/TotalAmt0360
IRS990/AllOtherContributionsAmt0947285
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0120
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0251
IRS990/AllOtherExpensesGrp/TotalAmt0371
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JILL GELTMAKER
IRS990/BooksInCareOfDetail/PhoneNum05052172747
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0909 COPPER AVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBUQUERQUE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087505
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0283730
IRS990/CashNonInterestBearingGrp/EOYAmt0169084
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06050
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt06076
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt061674
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt073800
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt0191
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0752
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01938
IRS990/ConferencesMeetingsGrp/TotalAmt02881
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0978785
IRS990/CYGrantsAndSimilarPaidAmt027513
IRS990/CYInvestmentIncomeAmt0284
IRS990/CYOtherExpensesAmt0256109
IRS990/CYOtherRevenueAmt020671
IRS990/CYProgramServiceRevenueAmt028000
IRS990/CYRevenuesLessExpensesAmt0455841
IRS990/CYSalariesCompEmpBnftPaidAmt0288277
IRS990/CYTotalExpensesAmt0571899
IRS990/CYTotalFundraisingExpenseAmt031627
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01027740
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ASSET AND FAMILY DEVELOPMENT-INDIVIDUAL DEVELOPMENT ACCOUNTS (IDAS) WERE CREATED TO ENCOURAGE SAVINGS, INVESTMENT AND ASSET ACCUMULATION AMONG MODERATE INCOME AND WORKING FAMILIES. IDAS ARE A MATCHED SAVINGS ACCOUNT. PEOPLE WHO SAVE THROUGH AN IDA CAN TYPICALLY USE THOSE SAVINGS TO (A) BUY A FIRST HOME (B) PURSUE A COLLEGE EDUCATION (C) START OR EXPAND A SMALL BUSINESS. IN COUNTIES THROUGHOUT NEW MEXICO, PROSPERITY WORKS AND ITS PARTNERS USE IDAS TO BUILD STRONG COMMUNITIES. NEARLY 1400 NEW MEXICAN SAVERS HAVE PARTICIPATED, 805 FAMILIES HAVE PURCHASED THEIR ASSET, AND ANOTHER 150 ARE CURRENTLY SAVING. DURING THIS YEAR NEAR 100 STUDENTS AT CENTRAL NEW MEXICO COMMUNITY COLLEGE HAVE HAD THE OPPORTUNITY TO OPEN ACCOUNTS. LOW-INCOME, WORKING FAMILIES HAVE SAVED OVER 11 MILLION INCLUDE TOTAL SAVINGS DEPOSITS. OVER 7 MILLION IN DEPOSITS HELD IN NM TOTAL ECONOMIC STIMULUS 38 MILLION CASH INFUSED INTO LOCAL COMMUNITIES. WORKFORCE DEVELOPMENT SKILLED, LOCALIZED, EDUCATED, VESTED FAMILIES HOME-OWNERSHIP 205 FAMILIES IN SAFE AND SECURE HOUSING, 32,800,000 IN NEW MORTGAGE HOLDINGS, 1,025,000 CASH INFUSION INTO THE ECONOMY. INCREASED BUSINESS ACTIVITY 378 NEW OR EXPANDED LOCALLY-OWNED BUSINESSES, 661 NEW JOBS CREATED OR EMPLOYMENT RETAINED, 1,890,000 CASH INFUSION INTO THE ECONOMY WORKFORCE DEVELOPMENT 222 NEW MEXICANS EARNING A HIGHER EDUCATION DEGREE, 2,308,000 INCREASED EARNING POTENTIAL PER YEAR, 1,100,000 CASH INFUSED INTO HIGHER EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0302932
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt031500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt014929
IRS990/FeesForServicesLegalGrp/TotalAmt014929
IRS990/FeesForServicesOtherGrp/FundraisingAmt07401
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016698
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt076877
IRS990/FeesForServicesOtherGrp/TotalAmt0100976
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt01000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ONA PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm1EVERETTE HILL
IRS990/Form990PartVIISectionAGrp/PersonNm2KEEGAN KING
IRS990/Form990PartVIISectionAGrp/PersonNm3AMANDA MANJARREZ
IRS990/Form990PartVIISectionAGrp/PersonNm4NATHALIE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm6MARTIN ULLOA
IRS990/Form990PartVIISectionAGrp/PersonNm7ARELLANA D CORDERO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt072800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt027513
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt027513
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01027740
IRS990/GrossRentsGrp/RealAmt014775
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02465
IRS990/InformationTechnologyGrp/ProgramServicesAmt010737
IRS990/InformationTechnologyGrp/TotalAmt013202
IRS990/InsuranceGrp/ManagementAndGeneralAmt0789
IRS990/InsuranceGrp/ProgramServicesAmt01489
IRS990/InsuranceGrp/TotalAmt02278
IRS990/InvestmentIncomeGrp/ExclusionAmt0284
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0284
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0105000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0105000
IRS990/LandBldgEquipCostOrOtherBssAmt0105000
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0515528
IRS990/NetAssetsOrFundBalancesEOYAmt0971369
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt014775
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014775
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03524
IRS990/OccupancyGrp/ProgramServicesAmt032542
IRS990/OccupancyGrp/TotalAmt036066
IRS990/OfficeExpensesGrp/FundraisingAmt0181
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03168
IRS990/OfficeExpensesGrp/ProgramServicesAmt06465
IRS990/OfficeExpensesGrp/TotalAmt09814
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07124
IRS990/OtherAssetsTotalGrp/EOYAmt010342
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02640
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02452
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024889
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029981
IRS990/OtherExpensesGrp/Desc0IDA ASSETS PURCHASES
IRS990/OtherExpensesGrp/Desc1IDA AND FINANCE COACHING
IRS990/OtherExpensesGrp/Desc2RESEARCH AND EVAL
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0334
IRS990/OtherExpensesGrp/ProgramServicesAmt064798
IRS990/OtherExpensesGrp/ProgramServicesAmt12878
IRS990/OtherExpensesGrp/ProgramServicesAmt21997
IRS990/OtherExpensesGrp/TotalAmt064798
IRS990/OtherExpensesGrp/TotalAmt12878
IRS990/OtherExpensesGrp/TotalAmt21997
IRS990/OtherExpensesGrp/TotalAmt3334
IRS990/OtherLiabilitiesGrp/BOYAmt0124163
IRS990/OtherLiabilitiesGrp/EOYAmt010342
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/Desc0REBATES AND REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05896
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05896
IRS990/OtherRevenueTotalAmt05896
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012859
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012918
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0131118
IRS990/OtherSalariesAndWagesGrp/TotalAmt0156895
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02226
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02252
IRS990/PayrollTaxesGrp/ProgramServicesAmt023123
IRS990/PayrollTaxesGrp/TotalAmt027601
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt031000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt049250
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0ONA PORTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0ENCOURAGING PROSPERITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028000
IRS990/ProgSrvcAccomActy2Grp/Desc0CONSUMER ADVOCACY. PROSPERITY WORKS IS A REGISTERED INTERVENER WITH THE NEW MEXICO STATE PUBLIC REGULATION COMMISSION FOR THE PURPOSE OF REPRESENTING THE SIGNIFICANT COST-BURDEN OF ENERGY/UTILITY COSTS FOR LOW-INCOME FAMILIES RESIDING IN THE STATE. PROSPERITY WORKS IS INVOLVED IN STRATEGIC INITIATIVES THAT SEEK TO CAP THE INTEREST ON HIGH COSTS LOANS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0118801
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0200
IRS990/ProgSrvcAccomActy3Grp/Desc0CHILDRENS ECONOMIC SECURITY: THE WELFARE OF NEW MEXICO'S CHILDREN IS ADDRESSED THROUGH DEVELOPMENT OF PRODUCTS AND SERVICES THAT OPEN THE DOOR TO AN AFFORDABLE AND ACCESSIBLE FINANCIAL INDUSTRY. THE PLANS TO LAUNCH A CH1LDRENS SAVINGS ACCOUNT INITIATIVE IN SOUTH VALLEY ALBUQUERQUE HAVE BEEN COMPLETED AND THE PRODUCT DESIGN INCLUDES OPENING EMERGENCY SAVINGS ACCOUNTS WITH PARENTS. THE CH1LDRENS ACCOUNTS ARE MATCHED UP TO 200 PER YEAR, THE EMERGENCY SAVINGS ACCOUNTS CAN EARN UP TO 100 PER YEAR THROUGH INCENTIVES. EMERGENCY SAVINGS ACCOUNTS ARE ABLE TO BE CONVERTED TO SECURED CREDIT CARDS TO ENABLE THE CREDIT BUILDING PROCESS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt066426
IRS990/ProgSrvcAccomActy3Grp/GrantAmt027313
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0578655
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt034293
IRS990/PYInvestmentIncomeAmt0425
IRS990/PYOtherExpensesAmt0901344
IRS990/PYOtherRevenueAmt015164
IRS990/PYProgramServiceRevenueAmt0211004
IRS990/PYRevenuesLessExpensesAmt0-402787
IRS990/PYSalariesCompEmpBnftPaidAmt0272398
IRS990/PYTotalExpensesAmt01208035
IRS990/PYTotalRevenueAmt0805248
IRS990/ReconcilationRevenueExpnssAmt0455841
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt014775
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt028000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0227896
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0657351
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt018,126
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0978785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0578655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0364566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0387743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02361344
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0284
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016918
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025205
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt048671
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09894
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08232
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018126
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76410
IRS990ScheduleA/PublicSupportPY170Pct00.67430
IRS990ScheduleA/PublicSupportTotal170Amt01837532
IRS990ScheduleA/SubstantialContributorsTotAmt0523812
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0978785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0578655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0364566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0387743
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02361344
IRS990ScheduleA/TotalSupportAmt02404675
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt027696
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt048951
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt034337
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt04
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0110988
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0110785
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0195804
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0137349
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt015
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0443953
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt02100
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt03150
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt05134
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt010384
IRS990ScheduleC/GrassrootsCeilingAmt0166482
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt027696
IRS990ScheduleC/LobbyingCeilingAmt0665930
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0110785
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0569799
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt02100
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0571899
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt02100
IRS990ScheduleD/ExpensesSubtotalAmt0571899
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0105000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0105000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HELD FOR OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GRANT DUE BACK TO FED GOV
IRS990ScheduleD/RevenueSubtotalAmt01027740
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROSPERITY WORKS OPERATES AS A NOT-FOR-PROFIT CORPORATION AND HAS RECEIVED EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND HAS BEEN DESIGNATED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. CONTRIBUTIONS TO THE ORGANIZATION QUALIFY FOR THE CHARITABLE CONTRIBUTIONS DEDUCTION TO THE EXTENT PROVIDED BY SECTION 170 OF THE INTERNAL REVENUE CODE. PROSPERITY WORKS HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS THEY RELATE TO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE PROSPERITY WORKS FINANCIAL STATEMENTS. CURRENTLY, THE 2013, 2014, AND 2015 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND NEW MEXICO TAXATION AND REVENUE DEPARTMENT. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. MANAGEMENT BELIEVES THAT THEY ARE OPERATING WITHIN THEIR TAX-EXEMPT PURPOSE. PROSPERITY WORKS RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSES AND PENALTIES IN OPERATING EXPENSES, WHEN APPLICABLE. NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED SEPTEMBER 30, 2016 OR 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0105000
IRS990ScheduleD/TotalExpensesPerForm990Amt0571899
IRS990ScheduleD/TotalLiabilityAmt010342
IRS990ScheduleD/TotalRevenuePerForm990Amt01027740
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01027740
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0571899
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt127313
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FAMILY EMERGENCY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CHILDRENS SAVINGS
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ONA PORTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ED AND PRESIDEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt028600
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0ONA PORTER IS A PARTNER IN THE FIRM THAT OWNS THE SPACE THAT PROSPERITY WORKS RENTS FOR ITS OPERATIONS
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OVER 11 MILLION INCLUDE TOTAL SAVINGS DEPOSITS. OVER 7 MILLION IN DEPOSITS HELD IN NM TOTAL ECONOMIC STIMULUS 38 MILLION CASH INFUSED INTO LOCAL COMMUNITIES. WORKFORCE DEVELOPMENT SKILLED, LOCALIZED, EDUCATED, VESTED FAMILIES HOME-OWNERSHIP 205 FAMILIES IN SAFE AND SECURE HOUSING, 32,800,000 IN NEW MORTGAGE HOLDINGS, 1,025,000 CASH INFUSION INTO THE ECONOMY. INCREASED BUSINESS ACTIVITY 378 NEW OR EXPANDED LOCALLY-OWNED BUSINESSES, 661 NEW JOBS CREATED OR EMPLOYMENT RETAINED, 1,890,000 CASH INFUSION INTO THE ECONOMY WORKFORCE DEVELOPMENT 222 NEW MEXICANS EARNING A HIGHER EDUCATION DEGREE, 2,308,000 INCREASED EARNING POTENTIAL PER YEAR, 1,100,000 CASH INFUSED INTO HIGHER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPLANATION: FORM 990 AND ALL SCHEDULES WERE PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO F1L1NG FOR APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON AN ANNUAL BASIS THE DIRECTORS OF THE BOARD RENEW THEIR CONFLICT OF INTEREST POLICY WITH UPDATED INFORMATION. THROUGHOUT THE YEAR THE OFFICERS ARE ASKED TO DISCLOSE POTENTIAL CONFLICT AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON THE WEBSITE AND UPON REQUEST. ALSO ON THE STATE OF NM CORPORATIONS DIVISION WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES 36,567 12,091 0 OTHER PROFESSIONAL 4,445 0 0 OTHER PROFESSIONAL 2,317 0 0 SUBCONTRACTORS 7,207 307 7,401 SUBCONTRACTORS 1,802 0 0 SUBCONTRACTORS 667 0 0 ACCT 16,547 4,300 0 ACCT 7,325 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0258396
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0683601
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0654750
IRS990/TotalAssetsEOYAmt0996027
IRS990/TotalAssetsGrp/BOYAmt0654750

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$996,027
Liabilities
$24,658
Net assets
$971,369
Revenue
$1,027,740
Expenses
$571,899
Net income
$455,841
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$1.18$0.37$0.58$0.91$0.33
2023Summary only. Only limited summary data is available for this year.$1.91$1.38$0.53$0.66$0.80$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$1.09$0.68$0.66$0.67$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.52$0.88$0.46$0.66$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.37$1.07$1.02$0.77$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.38$0.97$1.03$1.38$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.17$1.33$0.75$0.90$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.10$1.47$1.11$0.61$0.50
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.02$0.97$1.03$0.57$0.46
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.14$0.52$0.81$1.21$0.40
2014Summary only. Only limited summary data is available for this year.$1.11$0.08$1.04$0.51$0.80$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.06$1.31$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.10$2.21$1.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.07$2.87$1.09