Z โ€” UnclassifiedEIN: 850249111ยท Ruling Year: 1977

New Mexico Property & Casualty Insurance Guaranty Association

Albuquerque, New Mexico

BHealth Score
56B

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 22 peers in Unclassified with $1M-$10M revenue

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.7M
Total Expenses
๐Ÿฆ
$21.5M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+250.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-18.7%
Revenue minus expenses as % of revenue

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,306,033โ†‘251%$2,737,016โ†‘3%$21,542,346โ†“2%
2022$657,121โ†“84%$2,666,300โ†“29%$21,973,329โ†“8%
2021$4,221,293โ†‘116%$3,749,181โ†‘11%$23,982,508โ†‘2%
2020$1,957,548โ†“81%$3,385,989โ†‘60%$23,510,396โ†“6%
2019$10,150,730โ†‘153%$2,113,414โ†“13%$24,938,837โ†‘48%
2018$4,007,002โ†‘2624%$2,418,068โ†‘7%$16,901,521โ†‘10%
2017$147,073โ†“92%$2,256,374โ†“45%$15,312,587โ†“12%
2016$1,943,565โ†‘1%$4,067,678โ†‘35%$17,421,888โ†“11%
2015$1,919,476โ†“64%$3,006,705โ†‘6%$19,546,001โ†“5%
2014$5,340,212โ†‘276%$2,841,144โ†‘42%$20,633,230โ†‘14%
2013$1,418,956โ†‘89%$2,006,187โ†“58%$18,134,162โ†“3%
2012$750,091โ†“72%$4,772,777โ†“48%$18,721,393โ†“18%
2011$2,646,933โ†“67%$9,101,122โ†‘275%$22,744,079โ†“22%
2010$8,091,047$2,430,134$29,198,268

Frequently Asked Questions

What does New Mexico Property & Casualty Insurance Guaranty Association do?โ–ผ

New Mexico Property & Casualty Insurance Guaranty Association 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 & Casualty Insurance Guaranty Association financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, New Mexico Property & Casualty Insurance Guaranty Association has a score of 56/100 (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 & Casualty Insurance Guaranty Association generate?โ–ผ

New Mexico Property & Casualty Insurance Guaranty Association reports $5.8M in annual revenue and holds $24.4M in total assets, based on IRS filings.

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New Mexico Property & Casualty Insurance Guaranty Association โ€” Albuquerque, NM | GiveScope