New Mexico First
THE MISSION OF NEW MEXICO FIRST IS TO BE A NONPARTISAN CATALYST FOR POSITIVE CHANGE BY CONDUCTING INDEPENDENT RESEARCH, ENGAGING NEW MEXICANS IN POLICY, AND ENABLING ACTION.
Key facts about New Mexico First
- EIN
- 85-0350387
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $256,796
- Grants made (2025)
- 1
- Average grant
- $256,796
- Median grant
- $256,796
- Total assets
- $42,545
- Primary geography
- New Mexico (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Next steps with New Mexico First
- How to evaluate New Mexico First as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$43K
-87.5% YoY
Annual Giving
$257K
Grant Count
1
Avg Grant Size
$257K
About New Mexico First
Based on IRS filings
New Mexico First is a nonprofit organization, based in Corrales, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $43K in total assets. In 2025, it awarded 1 grant totaling $257K. Net investment income was $12K.
Ready to take the next step with New Mexico First?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $42,545 | $341,094 | $559,428 |
| Revenue | $12,233 | $62,672 | $203,490 |
| Expenses | $297,799 | $271,216 | $477,690 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,983 | $28,340 | $37,384 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include New Mexico Community Foundation ($256,796).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW MEXICO COMMUNITY FOUNDATION Santa Fe, NM | PUBLIC BROADCASTING | $256,796 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Heather Balas | Chair | 2 | — |
| Marcus Mims | Treasurer | 2 | — |
| Nichole Rogers | Secretary | 2 | — |
| Barbara Brazil | Vice Chair, | — | — |
| Melissa Toledo-Ontiveros | Vice Chair, | — | — |
| Martha Romero | Vice Chair, | — | — |
| Michael Barndollar | Director | — | — |
| Rob Black | Director | — | — |
| Donald Lopez | Director | — | — |
Frequently Asked Questions
How large is New Mexico First?
As of 2025, New Mexico First holds $43K in total assets with $12K in annual revenue. It awarded 1 grant totaling $257K in 2025.
Where does New Mexico First operate?
New Mexico First has awarded grants in New Mexico.
What size grants does New Mexico First award?
In 2025, New Mexico First awarded 1 grant totaling $257K — an average of about $257K per grant, based on its IRS Form 990 filings.
What is New Mexico First's EIN?
New Mexico First's EIN (Employer Identification Number) is 85-0350387. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.