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The New Mexico Baptist Foundation
Religion · Albuquerque, New Mexico
2511 Wyoming Blvd Ne, Albuquerque, NM 87112-1027
EIN: 850158371· Founded: Aug 1968· 58 years active· Filing Year: 2023
Annual Revenue
$2.5M
Total Expenses
$2.6M
Total Assets
$55.5M
Program Spending
41%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$279K
10.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$542K
Total Payroll
$821K
31% of total expenses
Where the Money Goes
41%
Programs: 41%
Payroll: 31%
Other overhead: 59%
Program Revenue$1.1M (44%)
Total Expenses$2.6M (100%)
Payroll$821K (31%)
Overhead (non-program)59%
Trust Score Breakdown
Program Spending Ratio
41% of expenses go to programs
Revenue & Stability
$2.5M annual revenue
Executive Compensation
$279K total officer comp (10.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$55.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.