BEducationEIN: 850134136· Ruling Year: 2020

New Mexico Pipe Trades Joint Apprenticeship Fund

Albuquerque, New Mexico

A-Health Score
83A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.39×
Peer Median20.77×
💰
$3.8M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$6.5M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.1%
Year-over-year change (2023 → 2024)
Net Margin
+28.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.39
Net assets divided by total expenses
Liabilities-to-Assets
14.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,795,67944%$2,711,4616%$7,538,95642%
2023$2,633,34919%$2,546,95819%$5,314,0602%
2022$2,206,1487%$2,133,09831%$5,396,3585%
2021$2,378,6389%$1,627,95110%$5,137,83416%
2020$2,191,16220%$1,805,7448%$4,410,17110%
2019$1,828,6185%$1,669,03916%$4,021,7985%
2018$1,915,8801%$1,441,39410%$3,846,08013%
2017$1,894,43332%$1,306,3064%$3,392,81522%
2016$1,432,80620%$1,354,73928%$2,771,1083%
2015$1,192,12216%$1,057,7207%$2,697,9156%
2014$1,424,56710%$1,140,377$2,553,07412%
2013$1,299,1637%$1,135,6603%$2,273,8458%
2012$1,215,728$1,164,813$2,105,868

Frequently Asked Questions

What does New Mexico Pipe Trades Joint Apprenticeship Fund do?

New Mexico Pipe Trades Joint Apprenticeship Fund is a education nonprofit organization based in New Mexico. It is classified under NTEE code B30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Mexico Pipe Trades Joint Apprenticeship Fund financially healthy?

Based on our 9-metric Financial Health Score model, New Mexico Pipe Trades Joint Apprenticeship Fund has a score of 83/100 (Grade: A-). 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 Pipe Trades Joint Apprenticeship Fund generate?

New Mexico Pipe Trades Joint Apprenticeship Fund reports $3.8M in annual revenue and holds $7.5M in total assets, based on IRS filings.

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