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Arrowhead Center Inc

EIN 85-0379663 · Las Cruces, NM

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair64 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROMOTE PROSPERITY AND PUBLIC WELFARE IN NEW MEXICO THROUGH ECONOMIC DEVELOPMENT.

Income
$1.4 million
Spending
$1.5 million
Spent on programs
61%
Reserves
15 months of spending
Largest source of income
fees for its services, 53%
Employees
5
Volunteers
6
Highest pay
$600,000, director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 64 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 15.0 months of spending.

  • Debt

    2 of 20

    It owes 94% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    15 of 15

    Income rose 29% on the year before.

  • Spending floor

    8 of 15

    61% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100.

  • Independent board

    5 of 25

    6 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $433,430 spent. ENHANCE STUDENT EXPERIENTIAL LEARNING THROUGH ENTREPRENEURSHIP EDUCATION AND PRACTICE BY PROVIDING EDUCATION AND TRAINING, ESTABLISHING STRATEGIC ENGAGEMENT BETWEEN ARROWHEAD PROGRAMS AND INDUSTRY PARTNERS, SUPPORTING STUDENT INTERN PLACEMENTS WITH INDUSTRY PARTNERS, AND PROVIDING SPECIALIZED INNOVATION- AND ENTREPRENEURSHIP-FOCUSED PROGRAMS AND SERVICES FOR STUDENTS. 5477 STUDENTS PARTICIPATING IN ENTREPRENEURSHIP PROGRAMS 500 STUDENT VENTURES HAVE TAKEN PLACE 313 STUDENTS PARTICIPATING IN COMPETITIONS AND PITCH SESSIONS 106 ENTREPRENEURIAL EDUCATION/TRAINING EVENTS HELD FOR STUDENTS 42 STUDENT STARTUPS 28 STUDENT EMPLOYEES FUNDED BY EXTERNALLY-SPONSORED GRANTS AND CONTRACTS
  2. $414,842 spent. ENHANCE NMSUS RESEARCH, INNOVATION, AND CREATIVITY PROFILE THROUGH ENGAGEMENT WITH THE PUBLIC AND PRIVATE SECTOR BY ENHANCING CULTURE OF INDUSTRY ENGAGEMENT AT ARROWHEAD CENTER, MARKETING AND DISSEMINATING NMSU-DEVELOPED TECHNOLOGIES TO PARTNERS IN ALL RELEVANT SECTORS, PROMOTING ARROWHEAD PARK AS A HUB FOR BUSINESSES. 38 TENANTS RECRUITED/RETAINED TO/BY ARROWHEAD PARK AND GENESIS CENTER
  3. $80,249 spent. TRANSITION THE DISCOVERIES, INNOVATIONS AND KNOW-HOW OF NMSU FACULTY, STAFF AND STUDENTS INTO THE MARKETPLACE11 INCREASE IN NUMBER OF LICENSES AND MATERIAL TRANSFER AGREEMENTS

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.