ZUnclassifiedEIN: 237045075

New Mexico Property Insurance Program

Albuquerque, New Mexico

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.31×
Peer Median5.86×
💰
$5.0M
Total Revenue
📊
$11.4M
Total Expenses
🏦
$3.5M
Net Assets
📋
$797
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.0%
Year-over-year change (2022 → 2023)
Net Margin
-126.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.31
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$5,049,6899%$11,433,156126%$3,488,48365%
2022$4,630,7973%$5,064,7396%$9,875,7544%
2021$4,751,4928%$4,784,54813%$10,306,888
2020$5,178,3122%$4,243,13712%$10,343,19410%
2019$5,308,6724%$4,832,09975%$9,404,6166%
2018$5,087,5831%$2,763,27563%$8,907,50335%
2017$5,132,8225%$7,480,75798%$6,595,24926%
2016$4,884,9951%$3,786,32310%$8,942,58214%
2015$4,832,2718%$4,198,0462%$7,843,7449%
2014$4,490,85111%$4,287,34545%$7,209,9543%
2013$4,050,8458%$2,950,60554%$7,010,15519%
2012$3,733,7525%$6,453,260142%$5,905,02032%
2011$3,557,5011%$2,671,87652%$8,633,66211%
2010$3,510,300$5,533,302$7,744,901

Frequently Asked Questions

What does New Mexico Property Insurance Program do?

New Mexico Property Insurance Program is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Mexico Property Insurance Program financially healthy?

Based on our 9-metric Financial Health Score model, New Mexico Property Insurance Program has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New Mexico Property Insurance Program generate?

New Mexico Property Insurance Program reports $16.6M in annual revenue and holds $8.3M in total assets, based on IRS filings.

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