First Serve - Nm Inc is a 501(c)(3) organization based in Santa Fe, New Mexico, registered in 2003, with $9,633,657 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$9.6M
▲ 14.7% vs prior year
Recreation median: $129K
Expenses (FY2024)
$580K
Net assets
$22.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First Serve - Nm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Serve - Nm Inc: 470 mo reserves · +94% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for First Serve - Nm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Serve - Nm Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $496K (FY2013) to $9.6M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
94.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.7M
Total liabilities
$1,457
Net assets
$22.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,633,657▲14.7% | $580,200▼6.8% | $22,733,561▲66.6% | $22,735,018▲66.5% | 990 |
| 2023 | $8,397,915▲200% | $622,806▲60.8% | $13,643,973▲138% | $13,654,382▲138% | 990 |
| 2022 | $2,796,033▼0.3% | $387,376▲6.5% | $5,734,578▲67.3% | $5,735,560▲67.3% | 990 |
| 2021 | $2,805,287▲504% | $363,894▲1.9% | $3,427,970▲247% | $3,427,981▲247% | 990 |
| 2020 | $464,750▼19.8% | $357,021▼1.8% | $986,577▲12.3% | $986,577▲12.3% | 990 |
| 2019 | $579,561▲26.6% | $363,383▼17.3% | $878,848▲32.6% | $878,848▲32.6% | 990 |
| 2018 | $457,785▲12.0% | $439,278▲6.0% | $662,670▲2.9% | $662,670▲2.9% | 990 |
| 2017 | $408,649▼29.6% | $414,241▲1.2% | $644,164▼0.9% | $644,164▼0.9% | 990 |
| 2016 | $580,114▲128% | $409,524▲33.3% | $649,756▲35.6% | $649,756▲35.6% | 990 |
| 2015 | $253,927▼22.2% | $307,224▼5.2% | $479,166▼10.0% | $479,166▼10.0% | 990 |
| 2014 | $326,593▼34.2% | $324,224▼10.4% | $532,463▲0.4% | $532,463▲0.4% | 990 |
| 2013 | $496,178 | $361,837▲56.3% | $530,094▲33.9% | $530,094▲33.9% | 990 |
| 2012 | — | $231,495▲11.3% | $395,753▲30.2% | $395,753▲30.2% | 990 |
| 2011 | — | $207,994▲3.3% | $303,894▲9.2% | $303,894▲9.2% | 990 |
| 2010 | — | $201,335 | $278,407 | $278,407 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
32 grants to First Serve - Nm Inc totaling $13.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United States Tennis Association Inc | Program grant | 2024 | $270,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2024 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $6,020,000 |
| American Endowment Foundation | Human service | 2023 | $107,500 |
| Marin Community Foundation | Provide general operating support | 2023 | $15,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,500 |
| Donor Advised Charitable Giving | Human services | 2022 | $4,600,000 |
| American Endowment Foundation | Human service | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $31,000 |
| Marin Community Foundation | General operating support | 2022 | $11,000 |
| The Blackbaud Giving Fund | General support | 2022 | $10,500 |
| Donor Advised Charitable Giving | Human services | 2021 | $2,000,500 |
| American Endowment Foundation | General operating support | 2021 | $56,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,100 |
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Data for First Serve - Nm Inc (EIN 27-0044395) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.