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New Mexico · Nonprofit

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY (New Mexico) receives grants from 7 organizations whose IRS filings report $355,425 to it, the largest being SANTA FE COMMUNITY FOUNDATION ($127,225). 4 of them have funded it in more than one year.

Revenue FY2024
$192k
Funders on record
7
Grants received
$355k
Net assets
$96k
4/7 repeat funderspeak grant-dependency 32%
01What it does

What Alliance for Local Economic Prosperity does

Mission

Study the benefits of and advocate for public banking for new mexico.

As stated on its FY2024 Form 990.

Programs

  1. Expanded program in an extended state network, deepened financial analysis on a public bank, provided education on topics of community wealth building and public banking.

    $94,759 spent$125,401 earned by the program
    79% of program spending
  2. The las vegas area community wealth building project is a grassroots, regenerative economic model adapted by aflep. After a series of 5 education programs, in which 60 individuals participated,the coalition formalized with a 15 member steering committee and three action committees. A community survey was distributed during the summer that yielded 137 responses. Survey results were reported to san miguel county commissioners and the las vegas city council. Bylaws, mission and goals were developed. Cwb has energized economic development in the area.

    $25,000 spent$25,000 earned by the program
    21% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $119,759.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($220k) Expenses 100 ($213k) Net assets 100 ($30k)2021 Revenue 80 ($176k) Expenses 63 ($133k) Net assets 240 ($73k)2022 Revenue 62 ($137k) Expenses 68 ($146k) Net assets 213 ($64k)2023 Revenue 49 ($109k) Expenses 70 ($149k) Net assets 80 ($24k)2024 Revenue 87 ($192k) Expenses 56 ($120k) Net assets 318 ($96k)
20202021202220232024
Revenue (87)Expenses (56)Net assets (318)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $24k to $102k (+323%).

$30k
$73k
$64k
$24k
$102k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$8k
’20
$42k
’21
−$8k
’22
−$40k
’23
$72k
’24
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Peter Smith

Chair, treasurer

As listed on its FY2025 Form 990.

20202021202220232024
Listed54644
Joined·+0+4+0+1
No longer listed·1221
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $6k → $35k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY leans on a few funders — its largest provides 36% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALLIANCE FOR LOCAL ECONOMIC PROSPERITY.

36%
largest funder
89%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 45% · 2021 59% · 2022 96% · 2023 86% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

56% of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY's grant income comes from New Mexico funders.

CA
NM

In-state vs out-of-state, by year

’19
’20
’21
New Mexico out of state home

Funder states come from each funder’s own filing. $149k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin38% · top quartile
Months of reserve10.2mo · above the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like ALLIANCE FOR LOCAL ECONOMIC PROSPERITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Mexico

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 11%Fundraising 7%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NM

Screen this organization

A dated, signed PDF of the compliance screen for ALLIANCE FOR LOCAL ECONOMIC PROSPERITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALLIANCE FOR LOCAL ECONOMIC PROSPERITY?
ALLIANCE FOR LOCAL ECONOMIC PROSPERITY (New Mexico) receives grants from 7 organizations whose IRS filings report $355,425 to it, the largest being SANTA FE COMMUNITY FOUNDATION ($127,225). 4 of them have funded it in more than one year.
How many funders does ALLIANCE FOR LOCAL ECONOMIC PROSPERITY have?
IRS filings report 7 organizations giving $355,425 in grants to ALLIANCE FOR LOCAL ECONOMIC PROSPERITY, 4 of which have funded it in more than one year.
Who is the largest funder of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY?
SANTA FE COMMUNITY FOUNDATION is the largest funder on record, with $127,225 in grants. The full list of funders is on this page.
How can an organization like ALLIANCE FOR LOCAL ECONOMIC PROSPERITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Alliance for Local Economic Prosperity →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing