501CPA
3900 OSUNA RD NE STE 260, ALBUQUERQUE, NM 87109 www.501cpa.org

Total Revenue
$750,976
Total Expenses
$569,390
Net Assets
$338,594

Organizations Filed Purposes: OUR MISSION: TO HELP NONPROFITS ACCOMPLISH MORE THROUGH OUR TEAM- BASED, PROFESSIONAL FINANCIAL MANAGEMENT AND ADMINISTRATIVE SERVICES.

501(C)PA PROVIDED ACCOUNTING, PAYROLL, BUDGETING, GRANT REPORTING, AUDIT ASSISTANCE, CFO AND HUMAN RESOURCES CONSULTING SERVICES TO OVER 35 NONPROFIT ORGANIZATIONS DURING THIS FISCAL YEAR. THE ORGANIZATION ALSO COLLABORATED WITH THE THORNBURG AND ANCHORUM FOUNDATIONS TO ASSIST THEIR GRANTEES DURING THE COVID-19 PANDEMIC WITH ACCESSING AND MANAGING FEDERAL AND STATE FUNDING SUPPORT PROGRAMS, AD HOC CFO CONSULTING SERVICES, AND THREE ONLINE TRAINING PRESENTATIONS RELATED TO THE PAYCHECK PROTECTION AND ECONOMIC INJURY DISASTER LOAN PROGRAMS. ALTOGETHER, 501(C)PA ASSISTED MORE THAN 20 NEW MEXICO NONPROFITS IN OBTAINING OVER 3.5 MILLION IN FEDERAL AND STATE FORGIVABLE LOANS AND WORKING CAPITAL LOANS. 501(C)PA, WORKING WITH THE APEX GROUP, ALSO DEVELOPED AND IMPLEMENTED A PROGRAM EVALUATION SYSTEM. OVER TIME, AS THE SYSTEM MATURES AND MORE DATA IS GATHERED ON CLIENT PERFORMANCE METRICS, WE WILL BE ABLE TO ASSESS THE IMPACT OUR SERVICES HAVE ON CLIENT FINANCIAL WELLBEING AND SOCIAL PRODUCTIVITY. OVER 30% OF OUR CLIENTS ARE IN THE EARLY CHILDHOOD EDUCATION AND TRIBAL SERVICES SECTORS. OTHER AREAS SERVED INCLUDE: ADULT EDUCATION, HEALTH AND WELFARE, ARTS AND CULTURE, YOUTH LEADERSHIP DEVELOPMENT, JOURNALISM, SUSTAINABLE AGRICULTURE AND THE ENVIRONMENT. BY TAKING CARE OF THEIR STRATEGIC FINANCIAL MANAGEMENT AND COMPLIANCE DUTIES, 501(C)PA PROVIDES NONPROFITS WITH BETTER DECISION-SUPPORT INFORMATION, REDUCED EMPLOYEE STRESS, AND MORE TIME TO FOCUS ON THEIR MISSIONS. INCREASED SOCIAL PRODUCTIVITY MEANS MORE SERVICES DELIVERED TO COMMUNITIES, AND INCREASED ECONOMIC BENEFITS FOR THOSE COMMUNITIES AND FOR NEW MEXICO.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
David RivardCEO40$103,000
Kim WongDIRECTOR1$0
R Mike WilsonDIRECTOR1$0
Cheryl SilcoxTREASURER2$0
Richard SearleSECRETARY2$0
Mark JoinerCHAIR2$0
Martin EpsteinDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012749349300521_public.xml