New Mexico Cancer Research Alliance

EIN: 020624051 501(c)(3) Medical Research

Albuquerque, NM

Total Revenue
$2,507,567
Total Expenses
$2,035,572
Total Assets
$1,205,422
Net Assets
$927,546
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NM
Principal Officer
CAROLYN MULLER
Phone
5052727799
Tax Period
2024-07-01 to 2025-06-30

New Mexico Cancer Research Alliance, founded in 2002, is a community nonprofit in the Medical Research sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $472K, a strong 19% operating margin.

Mission

PROVIDE NM CANCER PATIENTS AND THEIR FAMILIES ACCESS TO THE LATEST RESEARCH, TECHNOLOGIES, AND CLINICAL SERVICES AND CONDUCT EDUCATIONAL PROGRAMS AND ALSO PROVIDE ONCOLOGY STUDIES THROUGHOUT NM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,292,267
Program Service Revenue $195,718
Investment Income $19,582
Other Revenue $0
TOTAL REVENUE $2,507,567

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,624
Fundraising Expenses $0
Program Expenses $1,007,541
Other Expenses $1,997,948
TOTAL EXPENSES $2,035,572

Year-over-Year Comparison

2024 2023 Change
Revenue $2,507,567 $2,073,590 +0.2%
Expenses $2,035,572 $1,999,782 +0.0%
Net Income $471,995 $73,808 +5.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE GOODMAN CO-CHAIR 1.00
Officer Director
$0 $0 $0
CAROLYN MULLER MD CO-CHAIR 1.00
Officer Director
$0 $0 $0
KRISTIN GATES SEC/TREASURER 0.50
Officer Director
$0 $0 $0
Jessica Valdez MD Director 0.50
Director
$0 $0 $0
ETHAN BINDER MD DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM ADLER MD DIRECTOR 0.50
Director
$0 $0 $0
BERNARD AGBEMADZO MD DIRECTOR 0.50
Director
$0 $0 $0
URSA BROWN-GLABERMAN MD DIRECTOR 0.50
Director
$0 $0 $0
XIAXIN LI MD DIRECTOR 0.50
Director
$0 $0 $0
Neda Hashemi MD Director 0.50
Director
$0 $0 $0
CALVIN RIDGEWAY MD DIRECTOR 0.50
Director
$0 $0 $0
ANDREW SUSSMAN PhD DIRECTOR 0.50
Director
$0 $0 $0
CHRISTIE WHITE DIRECTOR 0.50
Director
$0 $0 $0
CHARLES WIGGINS PhD DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,507,567 $2,035,572 $1,205,422 $471,995
2024 $2,073,590 $1,999,782 $920,942 $73,808
2023 $1,431,885 $1,572,648 $1,178,582 $-140,763
2022 $1,476,963 $1,831,039 $985,027 $-354,076
2021 $1,559,732 $1,535,360 $1,797,430 $24,372
2020 $2,197,012 $2,665,372 $2,011,753 $-468,360
2019 $2,946,750 $3,085,776 $2,620,364 $-139,026
2018 $3,350,122 $3,364,448 $2,816,618 $-14,326
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