RIO GRANDE FOOD PROJECT (EIN 201667103) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JUSTIN FORD

Phone

5058313778

Tax Period

2024-01-01 to 2024-12-31

RIO GRANDE FOOD PROJECT, founded in 2004, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

TO ALLEVIATE HUNGER AND CULTIVATE LONG-TERM FOOD SECURITY IN OUR COMMUNITES. RIO GRANDE FOOD PROJECT IS A PANTRY, URBAN GARDEN, AND COMMUNITY HUB ADDRESSING ALBUQUERQUE'S VERY SERIOUS HUNGER PROBLEM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,811,074

Program Service Revenue $139,369

Investment Income $16,889

Other Revenue $-17,613

TOTAL REVENUE $1,949,719

Expense Breakdown

Grants Paid $1,332,026

Salaries & Benefits $521,042

Fundraising Expenses $122,632

Program Expenses $1,772,442

Other Expenses $129,611

TOTAL EXPENSES $1,982,679

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,949,719	$1,287,617	+0.5%
Expenses	$1,982,679	$1,263,228	+0.6%
Net Income	$-32,960	$24,389	-2.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

135

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

$50,672

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARIEL HERRING	EXECUTIVE DI	22.00	Officer	$50,672	$0	$50,672
JUSTIN FORD	PRESIDENT	2.00	Officer Director	$0	$0	$0
ELLEN TERRY	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CHARLES REARDON	TREASURER	2.00	Officer Director	$0	$0	$0
MAGGIE TANNEN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARY MARGARET KELLY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA DELGADO	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA C WINTER	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SWAN	DIRECTOR	1.00	Director	$0	$0	$0
GERI WEEKS	DIRECTOR	1.00	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
2024	$1,949,719	$1,982,679	$838,504	$-32,960
2023	$1,287,617	$1,263,228	$954,614	$24,389
2022	$1,280,473	$1,250,408	$886,688	$30,065
2021	$1,604,388	$1,445,969	$847,238	$158,419
2020	$1,973,493	$1,874,388	$746,949	$99,105
2019	$2,407,479	$2,359,103	$607,461	$48,376
2018	$1,872,670	$1,730,136	$550,100	$142,534

RIO GRANDE FOOD PROJECT