FOUR CORNERS INNOVATIONS INC

EIN: 454966543 501(c)(3) Education

FARMINGTON, NM

Total Revenue
$176,477
Total Expenses
$170,201
Total Assets
$689,186
Net Assets
$619,292
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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
2012
Legal Domicile
NM
Principal Officer
ALLEN MCCULLOCH
Phone
5055664034
Tax Period
2024-07-01 to 2025-06-30

FOUR CORNERS INNOVATIONS INC, founded in 2012, is a small nonprofit in the Education sector that reported $176K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $170K left a modest 4% surplus.

Mission

TO PROMOTE THE PUBLIC WELFARE AND PROSPERITY OF THE PEOPLE OF NEW MEXICO; TO FOSTER ECONOMIC DEVELOPMENT WITHIN NEW MEXICO; AND TO ENGAGE IN OTHER COOPERATIVE VENTURES OF INNOVATIVE TECHNOLOGICAL SIGNIFICANCE THAT WILL ADVANCE EDUCATION, SCIENCE, RESEARCH, CONSERVATION, OR ECONOMIC DEVELOPMENT WITHIN NEW MEXICO.

Program Service Accomplishments

Program 1
Expenses: $13,575 Revenue: $27,388

SUPPLIED TRAINING, WITH TRAINING MATERIALS AND CONFERENCES TO THE RESIDENTS AND BUSINESSES OF SAN JUAN COUNTY, NEW MEXICO.

Program 2
Expenses: $61,953 Revenue: $133,860

CDL TESTING

Program 3
Expenses: $10,000

BIENNIALLY, HOST AN ENERGY CONFERENCE, WITH DISTINGUISHED SPEAKES, TO THE RESIDENTS AND BUSINESSES OF SAN JUAN COUNTY, NEW MEXICO.

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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 $0
Program Service Revenue $161,248
Investment Income $15,229
Other Revenue $0
TOTAL REVENUE $176,477

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,318
Fundraising Expenses $0
Program Expenses $85,528
Other Expenses $132,883
TOTAL EXPENSES $170,201

Year-over-Year Comparison

2024 2023 Change
Revenue $176,477 $317,920 -0.4%
Expenses $170,201 $224,419 -0.2%
Net Income $6,276 $93,501 -0.9%
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
7
Independent Members
7
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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY PAUL MCWILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
JOE RASOR DIRECTOR 0.50
Director
$0 $0 $0
ALLEN MCCULLOCH DIRECTOR/CHA 0.50
Officer Director
$0 $0 $0
IREKE COOPER DIRECTOR/SEC 0.50
Officer Director
$0 $0 $0
CLIFTON HORACE DIRECTOR 0.50
Director
$0 $0 $0
T GREG MERRION DIRECTOR 0.50
Director
$0 $0 $0
JOHN A BYROM 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 $176,477 $170,201 $689,186 $6,276
2024 No data No data No data No data
2023 $156,458 $197,191 $554,032 $-40,733
2022 $283,709 $223,265 $579,641 $60,444
2021 $89,377 $121,103 $515,687 $-31,726
2020 $140,803 $159,555 $557,792 $-18,752
2019 $271,663 $204,812 $608,359 $66,851
2018 $60,128 $135,770 $532,014 $-75,642
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