Science & Technology Park Development Corporation
Only null% goes to programs Strong reserves
Science & Technology Park Development Corporation is a 501(c)(3) organization based in Albuquerque, New Mexico, registered in 2000, with $347,683 in FY2024 revenue. CharityIndex grades it B.
1451 Innovation Pkwy Se Ste 600, Albuquerque, NM, 87123 EIN 85-0462273 Since 2000
Revenue (FY2024)
$348K
▲ 3.6% vs prior year
Community median: $184K
Expenses (FY2024)
$325K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Science & Technology Park Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating49 mo reserves · +6% margin
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 Science & Technology Park Development Corporation: 49 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Science & Technology Park Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Science & Technology Park Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1451 Innovation Pkwy Se Ste 600, Albuquerque, NM, 87123
- City
- Albuquerque
- State
- New Mexico
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue declined from $490K (FY2013) to $348K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $99Net assets $1.3M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$99
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $347,683▲3.6% | $325,391▼26.3% | $1,317,927▲1.7% | $1,318,026▲1.7% | 990PF |
| 2023 | $335,514▼8.6% | $441,650▼7.2% | $1,295,635▼7.6% | $1,296,045▼7.6% | 990PF |
| 2022 | $367,189▲0.5% | $475,759▲5.1% | $1,401,771▼7.2% | $1,401,911▼8.7% | 990PF |
| 2021 | $365,271▼25.8% | $452,665▼22.5% | $1,510,341▼5.5% | $1,535,483▼3.9% | 990PF |
| 2020 | $492,503▲2.6% | $584,395▲3.8% | $1,597,735▼5.4% | $1,597,772▼7.0% | 990PF |
| 2019 | $480,158▲17.5% | $563,252▲9.4% | $1,689,627▼4.7% | $1,717,293▼4.4% | 990PF |
| 2018 | $408,473▲5.7% | $514,831▲8.1% | $1,772,721▼5.7% | $1,795,875▼4.5% | 990 |
| 2017 | $386,499▲13.9% | $476,452▲9.7% | $1,879,079▼4.6% | $1,879,894▼6.0% | 990 |
| 2016 | $339,314▲9.5% | $434,458▲2.5% | $1,969,032▼4.6% | $1,999,197▼3.6% | 990 |
| 2015 | $309,915▲6.8% | $423,975▼12.8% | $2,064,176▼5.2% | $2,073,603▼5.2% | 990 |
| 2014 | $290,057▼40.8% | $486,046▼22.0% | $2,178,236▼8.3% | $2,188,029▼8.3% | 990 |
| 2013 | $490,019 | $622,949▲3.1% | $2,374,225▼5.3% | $2,386,720▼21.4% | 990 |
| 2012 | — | $604,177▲15.4% | $2,507,155▲13.3% | $3,037,553▲4.3% | 990 |
| 2011 | — | $523,368▲25.0% | $2,212,197▼8.7% | $2,912,171▼3.3% | 990 |
| 2010 | — | $418,649 | $2,423,044 | $3,011,341 | 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.
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Frequently asked questions
- Is Science & Technology Park Development Corporation a legitimate nonprofit?
- Yes. Science & Technology Park Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0462273, based in Albuquerque, New Mexico. Donations are tax-deductible.
- What is Science & Technology Park Development Corporation's EIN?
- Science & Technology Park Development Corporation's Employer Identification Number (EIN) is 85-0462273.
- How much revenue does Science & Technology Park Development Corporation report?
- Science & Technology Park Development Corporation reported $347,683 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Science & Technology Park Development Corporation have?
- CharityIndex grades Science & Technology Park Development Corporation B, based on financial health (reserves and operating margin).
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Data for Science & Technology Park Development Corporation (EIN 85-0462273) 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.