Empower New Mexico Inc
- Assets
- $14.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 11/2010
- Data as of
- 12/2022
- EIN
- 27-0856684
Organization Overview
Empower New Mexico Inc is located in Santa Fe, NM. The organization was established in 2010. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empower New Mexico Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Empower New Mexico Inc generated $35.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PROGRAM RELATES TO THE PRODUCTION OF THE FILE SERIES THE AGELESS LIVING FOR THOSE INDIVIDUALS OVER 50 YEARS OF AGE. THIS PROGRAM AFFECTED THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Sorenson President | 1.35 | $0 | |
Peter Fairfield Treasurer | 0.5 | $0 | |
George Cappannelli Executive Di | 2.3 | $0 | |
Sedena Cappannelli Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $45,583 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $45,583 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,372 |
| Other assets | $0 |
| Total assets | $14,372 |
| Total liabilities | $54,900 |
| Net assets or fund balances | -$40,528 |