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New Mexico · Nonprofit

NEW MEXICO HEART INSTITUTE FOUNDATION

NEW MEXICO HEART INSTITUTE FOUNDATION (New Mexico) receives grants from 2 organizations whose IRS filings report $105,102 to it, the largest being ALBUQUERQUE COMMUNITY FOUNDATION ($105,000). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$130k
Funders on record
2
Grants received
$105k
Net assets
$672k
2/2 repeat funderspeak grant-dependency 40%
01What it does

What New Mexico Heart Institute Foundation does

Mission

The New Mexico Heart Institute Foundation is dedicated to supporting education and research to enhance heart health for all new mexicans.

As stated on its FY2024 Form 990.

Program

  1. The organization provides various services to support cardiovascular services and education that includes the following activities. The organization maintains a website to enable cardiovascular patients and their physicians to access extensive information on cardiovascular conditions and treatments. Checklists are provided to physicians that enable them to customize reading for each patient prior to the patient accessing the site. Additionally, various courses are offered for cme credit for a minimal administrative fee and are attended by family practice physicians. Emergency room physicians, physicians assistants, certified nurse practitioners and registered nurses. Project heart start is another program that is designed to teach the public cpr. The goal is to provide basic skills to respond quickly and appropriately to a sudden cardiac arrest.

    $301,140 spentof which $108,400 as grants$104,781 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $301,140.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($191k) Expenses 100 ($192k) Net assets 100 ($42k)2018 Revenue 121 ($231k) Expenses 124 ($238k) Net assets 84 ($35k)2019 Revenue 555 ($1.1M) Expenses 126 ($241k) Net assets 2043 ($854k)2020 Revenue 98 ($187k) Expenses 126 ($242k) Net assets 1912 ($799k)2021 Revenue 38 ($73k) Expenses 50 ($95k) Net assets 1859 ($777k)2022 Revenue 79 ($152k) Expenses 73 ($140k) Net assets 1887 ($789k)2023 Revenue 150 ($286k) Expenses 204 ($391k) Net assets 1614 ($674k)2024 Revenue 68 ($130k) Expenses 69 ($132k) Net assets 1608 ($672k)
'17'18'19'20'21'22'23'24
Revenue (68)Expenses (69)Net assets (1608)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 2018 to 2019, from $63k to $854k (+1247%).

$66k
$63k
$854k
$800k
$777k
$789k
$677k
$687k
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

13% of NEW MEXICO HEART INSTITUTE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$522
’17
−$7k
’18
$819k
’19
−$55k
’20
−$22k
’21
$12k
’22
−$104k
’23
−$3k
’24
2.0
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.

2018201920202021202220232024
Listed9998888
Joined·+0+1+3+0+0+0
No longer listed·014000
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $5k → $39.

Funder
'17
'19
'20
'21
'22
'23
total
funders
1
1
2
1
1
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 NEW MEXICO HEART INSTITUTE FOUNDATION’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

NEW MEXICO HEART INSTITUTE FOUNDATION leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 NEW MEXICO HEART INSTITUTE FOUNDATION.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“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

100% of NEW MEXICO HEART INSTITUTE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $105k 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

NEW MEXICO HEART INSTITUTE FOUNDATION's revenue fell 32% between 2017 and 2024.

Operating margin−2% · below the median
Months of reserve2.0mo · bottom quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like NEW MEXICO HEART INSTITUTE FOUNDATION

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

77% of spending goes to programs.

Program 77%Management 23%Fundraising 0%

Governance

8
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • New Heart Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEW MEXICO HEART INSTITUTE FOUNDATION: 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.

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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 NEW MEXICO HEART INSTITUTE FOUNDATION?
NEW MEXICO HEART INSTITUTE FOUNDATION (New Mexico) receives grants from 2 organizations whose IRS filings report $105,102 to it, the largest being ALBUQUERQUE COMMUNITY FOUNDATION ($105,000). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NEW MEXICO HEART INSTITUTE FOUNDATION have?
IRS filings report 2 organizations giving $105,102 in grants to NEW MEXICO HEART INSTITUTE FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of NEW MEXICO HEART INSTITUTE FOUNDATION?
ALBUQUERQUE COMMUNITY FOUNDATION is the largest funder on record, with $105,000 in grants. The full list of funders is on this page.
How can an organization like NEW MEXICO HEART INSTITUTE FOUNDATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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