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Community Development : Housing and Neighborhood Development

ACCION New Mexico

Lending. Supporting. Inspiring.

four stars

93.98

2000 Zearing Ave. NW Albuquerque, NM 87104
tel: (800) 508-7624   Web Site
EIN: 85-0417347

Board Leadership
Greg Levenson
Chair

CEO
Anne Haines Yatskowitz
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 93.98 four stars
  Financial 92.50 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/22/2017 and includes data from FY2016, the most recent 990 received at that time.

ACCION New Mexico increases access to business credit, makes loans, and provides training which enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change. Our unique approach - called microlending - can trace its roots back more than 40 years with efforts to reduce extreme poverty in Latin America. Now, the organization supports small business owners in Arizona, Colorado, Nevada, New Mexico, and Texas generate income and enhance economic security for themselves, their families, and their communities. Since making our first loan in 1994, we have helped small business owners in more than 445 communities, working in some of these states' most underserved urban neighborhoods and most isolated rural communities.

ACCION New Mexico increases access to business credit, makes loans, and provides training which enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change. Our unique approach - called microlending - can trace its roots back more than 40 years with efforts to reduce extreme poverty in Latin America. Now, the organization supports small business owners in Arizona, Colorado, Nevada, New Mexico, and Texas generate income and enhance economic security for themselves, their families, and their communities. Since making our first loan in 1994, we have helped small business owners in more than 445 communities, working in some of these states' most underserved urban neighborhoods and most isolated rural communities.

Results Information

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Financial

four stars

92.50

Accountability & Transparency

four stars

96.00

This rating was published 12/22/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.1%
  Administrative Expenses 3.9%
  Fundraising Expenses 5.8%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 2.00
  Program Expenses Growth 30.7%
  Liabilities to Assets 70.3%
All data for Financial Performance Metrics calculations was provided by ACCION New Mexico on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ACCION New Mexico on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
ACCION New Mexico (NM) 93.98 four stars
Women's Business Development Center (IL) 94.13 four stars
Association for Enterprise Opportunity (DC) 92.02 four stars
Hebrew Free Loan Society (NY) 87.76 three stars
Hope Enterprise Corporation (MS) 85.64 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,514,422
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,167,075
Total Contributions $4,681,497
   Program Service Revenue $4,467,670
Total Primary Revenue $9,149,167
   Other Revenue $-133,174
TOTAL REVENUE $9,015,993
   
EXPENSES  
   Program Expenses $6,252,237
   Administrative Expenses $214,115
   Fundraising Expenses $459,117
TOTAL FUNCTIONAL EXPENSES $6,925,469
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,090,524
   
Net Assets $13,364,230

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Access to Business Credit $6,252,237 100.0%

Ratings History
ACCION New Mexico has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 12/22/2017 93.98 four stars
2015-12 04/01/2017 93.98 four stars
2014-12 07/01/2016 94.69 four stars
2014-12 06/01/2016 93.98 four stars
 
CN 2.0
2014-12 12/22/2015 97.07 four stars
2013-12 06/01/2015 94.74 four stars
2012-12 03/01/2014 96.11 four stars
2011-12 10/01/2013 95.29 four stars
2011-12 03/01/2013 93.16 four stars
2010-12 04/01/2012 93.43 four stars
2009-12 09/20/2011 88.24 three stars
 
CN 1.0
2009-12 05/01/2011 84.64 three stars
2008-12 06/01/2010 76.26 two stars
2007-12 12/17/2008 93.43 four stars
2006-12 04/01/2008 96.10 four stars
2005-12 03/01/2007 93.55 four stars
2004-12 04/01/2006 98.82 four stars
2003-12 03/01/2005 93.41 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 85-0417347
Name in IRS Master File ACCION INC
NTEE Code S43
NTEE Classification Management Services for Small Business, Entrepreneurs
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (405) Loans or grants for minority businesses
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$189,661 2.73% Anne Haines Yatskowitz President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
ACCION New Mexico (NM) 93.98 four stars
The Idea Village (LA) 92.52 four stars
Hebrew Free Loan of Metropolitan Detroit (MI) 92.91 four stars
Women's Business Development Center (IL) 94.13 four stars
Commonwealth (MA) 91.72 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

ACCION New Mexico
2000 Zearing Ave. NW
Albuquerque, NM 87104
tel: (800) 508-7624
EIN: 85-0417347

Visit Web Site

Board Leadership

Greg Levenson
Chair

CEO

Anne Haines Yatskowitz
President, CEO

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