New Mexico · Nonprofit
SANDOVAL ECONOMIC ALLIANCE INC
SANDOVAL ECONOMIC ALLIANCE INC (New Mexico) receives grants from 2 organizations whose IRS filings report $20,000 to it, the largest being AMERICAN PUBLIC HEALTH ASSOCIATION ($10,000). 0 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $555k
- Funders on record
- 2
- Grants received
- $20k
- Net assets
- $236k
What Sandoval Economic Alliance Inc does
Mission
To foster economic vibrancy by creating, strengthening, and retaining economic base jobs that enhance the quality of life in rio rancho and sandoval county, new mexico.
As stated on its FY2025 Form 990.
Program
Enhance awareness of rio rancho and sandoval county, new mexico as an attractive community to operate, live, and work. Continue to administer recruiting and public relations programs that attract new companies and retain and expand existing local companies. Efforts were accomplished through various marketing means including trade shows, direct mailings, and through proposals and site visits for companies considering relocaton or explansion within rio rancho and sandoval county. Organization goals are to promote and maintain a healthy, vibrant, and active community by supporting a business friendly environment that allows for career enhancing, quality economic base companies to thrive, to actively recruit new economic base companies to the region, to help existing companies grow and thrive, and to work with community leaders to support an environment of economic stability, growth and excellence.
$283,104 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $283,104.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $315k to $374k (+19%).
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.
Government-grant reliance: 2017 1% · 2018 8% · 2019 7% · 2020 5% · 2021 9% · 2022 25% · 2023 12% · 2024 10% · 2025 12%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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.
Chief executive
Fredrick J Sheperd
President and CEO - current
Board chair
Melissa Gomez
Board chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2017 and FY2018, and between the FY2019 and FY2020, and between the FY2022 and FY2023 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $30k from one payer (the payer shares this organization's board, largest Presbyterian Healthcare Services). These are real filings, and they are not money SANDOVAL ECONOMIC ALLIANCE INC raised.
From the IRS filings of SANDOVAL ECONOMIC ALLIANCE INC’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
SANDOVAL ECONOMIC ALLIANCE INC leans on a few funders — its largest provides 50% 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 SANDOVAL ECONOMIC ALLIANCE INC.
“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
50% of SANDOVAL ECONOMIC ALLIANCE INC'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. Of the $10k that is directly attributable, 100% of it comes from funders outside New Mexico, across 1 state.
Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state 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.
Organizations like SANDOVAL ECONOMIC ALLIANCE INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
55% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SANDOVAL ECONOMIC ALLIANCE INC: 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.
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 SANDOVAL ECONOMIC ALLIANCE INC?
- SANDOVAL ECONOMIC ALLIANCE INC (New Mexico) receives grants from 2 organizations whose IRS filings report $20,000 to it, the largest being AMERICAN PUBLIC HEALTH ASSOCIATION ($10,000). 0 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SANDOVAL ECONOMIC ALLIANCE INC have?
- IRS filings report 2 organizations giving $20,000 in grants to SANDOVAL ECONOMIC ALLIANCE INC.
- Who is the largest funder of SANDOVAL ECONOMIC ALLIANCE INC?
- AMERICAN PUBLIC HEALTH ASSOCIATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like SANDOVAL ECONOMIC ALLIANCE INC 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 Sandoval Economic Alliance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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