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NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION

ALBUQUERQUE, New Mexico, 87109

EIN: 85-0291313

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
7400 TIBURON ST NE
87109
COUNTY
bernalillo county, NM
IN CARE OF NAME
BRAD ALLPASSVICE PRESIDENTFINANCE

ORGANIZATIONAL OVERVIEW & RANKINGS

NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION is a based in ALBUQUERQUE, NM, focused on Educational Institutions and Related Activities causes . Established in November 1981, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $288,410,377.00, this ranks 4,237 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 14 out of 15,845 organizations in NM (Top 1%).

In bernalillo county, NM, the organization ranks 5 out of 5,042 nonprofits by assets (Top 1%), while locally in albuquerque, it stands at 5 among 4,811 organizations (Top 1%).

The organization reported annual revenue of $18,703,805.00, ranking 18,745 nationally (Top 1%) and 76 in NM (Top 1%).

Within its specific NTEE classification (B820 - B: Educational Institutions and Related Activities), which includes 387 similar organizations, NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION ranks 6 in assets (Top 2%) and 21 in revenue (Top 6%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other student aid
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$18,703,805.00
FORM 990 REVENUE AMOUNT
$18,703,805.00
RULING DATE
11/1981
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$288,410,377.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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