S โ€” Community Improvement & Capacity BuildingEIN: 473340766ยท Ruling Year: 2015

Middle Rio Grande Economic Development Association

Socorro, New Mexico

B-Health Score
54B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$99K
Total Revenue
๐Ÿ“Š
$124K
Total Expenses
๐Ÿฆ
$27K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-25.5%
Revenue minus expenses as % of revenue

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$99,067$124,358โ†‘99%$27,129โ†“48%
2022$98,675โ†‘308%$62,599โ†‘43%$52,420โ†‘221%
2021$24,204โ†“62%$43,701โ†“15%$16,344โ†“54%
2020$64,447โ†‘8%$51,221โ†‘28%$35,841โ†“20%
2017$59,950$39,891$44,967

Frequently Asked Questions

What does Middle Rio Grande Economic Development Association do?โ–ผ

Middle Rio Grande Economic Development Association is a community improvement & capacity building nonprofit organization based in New Mexico. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Middle Rio Grande Economic Development Association financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Middle Rio Grande Economic Development Association.

How much revenue does Middle Rio Grande Economic Development Association generate?โ–ผ

Middle Rio Grande Economic Development Association reports $65K in annual revenue and holds $25K in total assets, based on IRS filings.

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Middle Rio Grande Economic Development Association โ€” Socorro, NM | GiveScope