Storehouse New Mexico

Albuquerque, New Mexico - EIN 35-2511614 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 12, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 12, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Storehouse New Mexico reported $5,790,734 in revenue and $5,609,036 in expenses in fiscal 2025, a surplus of $181,698 for the year. Program services took $5,458,417 of expenses, or 97.3%. The organization closed the year with $2,005,548 in net assets - about 4.3 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$5,790,734

Up 32.4% from $4,373,563 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$5,609,036

Revenue minus expenses: $181,698 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
97.3%

$5,458,417 of $5,609,036 went to program services.

NET ASSETS - END OF FISCAL 2025
$2,005,548

Total assets $2,571,949 minus total liabilities $566,401.

TOP EXECUTIVE PAY - FISCAL 2025
$216,033

Rebecca Sanford, President, as reported on the fiscal-2025 Form 990, filed May 12, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
0 Employees

Plus 1,531 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 12, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$5,458,417 (97.3%)
Fundraising$2,498 (0.0%)
Management and General$148,121 (2.6%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $2,498 in fundraising expenses divided by $5,741,621 in total contributions. On cash contributions only: $0.00.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$5,741,621
Of Which Cash Contributions$1,200,477
Of Which Donated Goods (Noncash)$4,541,144
Federated Campaigns$16,542
Fundraising Events$125,975
Government Grants$45,000
All Other Contributions$5,554,104
Program Service Revenue$49,265
Investment Income$6,661
Other Revenue-$6,813
Total Revenue (All Sources)$5,790,734

Donated Goods Are a Large Share Here

For this organization, donated goods were $4,541,144 of $5,741,621 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

4.3 Months

of reserves - $2,005,548 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $467,419 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$2,571,949
Total Liabilities$566,401
Liabilities as Share of Assets22.0%
Net Assets$2,005,548

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 12, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Rebecca Sanford - President$216,0333.85%
Brian Ammerman - VP Of Operat$161,9452.89%
Maria Otero - CFO$135,7432.42%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 12, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

13 voting members, 10 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Rebecca SanfordPresident
Brian AmmermanVP Of Operat
Maria OteroCFO
Suzanne BrucknerDirector
Carlos HernandezDirector
Jennifer JamesDirector
Genevieve LawsonDirector
Kathy McCormickDirector
Kim MoserDirector
Kelli AlcantarSecretary
Kevin Todd CPATreasurer
Robert JohnstonVice Chair
Nathan SanchezChair

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence13 voting / 10 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$4,373,563-
Fiscal 2025$5,790,734+32.4%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 12, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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