CSCharityScored
87

New Mexico Educational Assistance Foundation

Education · Albuquerque, New Mexico

Po Box 27020, Albuquerque, NM 87125-7020

EIN: 850291313· Founded: Nov 1981· 45 years active· Filing Year: 2023

Annual Revenue

$18.7M

Total Expenses

$13.5M

Total Assets

$288.4M

Program Spending

126%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$786K

5.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.9M

Total Payroll

$3.7M

28% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 28%
Other overhead: -26%
Program Revenue$16.9M (91%)
Total Expenses$13.5M (72%)
Payroll$3.7M (28%)
Overhead (non-program)-26%

Trust Score Breakdown

Program Spending Ratio

126% of expenses go to programs

40%

Revenue & Stability

$18.7M annual revenue

15%

Executive Compensation

$786K total officer comp (5.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$288.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.