New Mexico Association Of Food Banks
- Assets
- $75.9k
- Revenue
- $8.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 85-0470980
Organization Overview
New Mexico Association Of Food Banks is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Association Of Food Banks 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 06/2022, New Mexico Association Of Food Banks generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (51.7%) each year. All expenses for the organization totaled $20.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (46.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NEW MEXICO ASSOCIATION OF FOOD BANKS (NMAFB) IS TO WORK TOWARDS ENDING HUNGER IN NEW MEXICO THROUGH COLLABORATIVE FOOD ACQUISITIONS AND DISTRIBUTION, EDUCATION, AND ADVOCACY, THROUGHOUT NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLABORATION, EDUCATION AND ADVOCACY ON BEHALF OF OUR MEMBER FOOD BANKS IN NEW MEXICO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Alexander Director | Trustee | 2 | $0 |
Zandy Bunch Director | Trustee | 2 | $0 |
Sherry Hooper President | OfficerTrustee | 2 | $0 |
Hilda Kendall Director | Trustee | 2 | $0 |
Alice Perez Director | Trustee | 2 | $0 |
Joe Phy Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,587 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,171 |
| Advertising and promotion | $213 |
| Office expenses | $374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $555 |
| All other expenses | $0 |
| Total functional expenses | $20,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $75,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $75,875 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $75,875 |
Grants Awarded
Over the last fiscal year, New Mexico Association Of Food Banks has awarded $892,073 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ECHO PURPOSE: FOOD BANK ACTIVITIES | $63,509 |
ROADRUNNER FOOD BANK PURPOSE: FOOD BANK ACTIVITIES | $604,220 |
THE COMMUNITY PANTRY PURPOSE: FOOD BANK ACTIVITIES | $66,156 |
THE FOOD BANK OF EASTERN NEW MEXICO PURPOSE: FOOD BANK ACTIVITIES | $37,047 |
THE FOOD DEPOT PURPOSE: FOOD BANK ACTIVITIES | $121,141 |