Vanderwagen, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COVENANT PATHWAYS, founded in 2015, is a small nonprofit in the Human Services sector that reported $406K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 19% operating margin.
Covenant Pathways farm (Spirit Farm) was developed to be a living example of how we can recover and reclaim traditional farming and spiritual practices, along with modern practices, to establish resiliency in our way of life, reducing the dependency on the very food system that is harming us. Spirit Farm continues to develop the demonstration farm that uses all organic practices, including microbiological composting, to heal the hard high desert southwestern soil. Our mission is to generate opportunities that impact individuals and communities with Native traditions that attach the human spirit to the Earth. In addition, we provide additional opportunities for growers to increase the quantity and quality of their produce, as well as use less water, which is a critical step when growing food in our climate.
Spirit Farm: Develop and maintain a demonstration and experiential farm that uses only natural practices including microbiological composting, to heal the high desert southwestern soil and be a...
Spirit Farm: Develop and maintain a demonstration and experiential farm that uses only natural practices including microbiological composting, to heal the high desert southwestern soil and be a living example of how we can recover and reclaim traditional farming and spiritual practices, along with modern practices, to restore natures cycles to heal the environment and establish resiliency in our way of life, reducing the dependency on the very food system that is harming us. The farm provides visual models and discussion opportunities with growers of methods that can increase the quantity and quality of their produce, as well as use less water, which is a critical step when growing food in our climate. Technical assistants are trained annually.
Community Education/Training: Provided bi-monthly workshops in the community and at our farm to create awareness and train others on soil microbes and how important they are to healing the soil...
Community Education/Training: Provided bi-monthly workshops in the community and at our farm to create awareness and train others on soil microbes and how important they are to healing the soil, growing nutrient rich foods, restoring the natural water cycles and removing excess carbon from the atmosphere, Indigenous regenerative agriculture, microbiological composting trainings, food preservation, growing in a greenhouse, animal husbandry, etc. With extensive experience in both traditional Navajo growing practices as well as regenerative farming techniques, with the expertise required to assist growers, Covenant Pathways equips local indigenous growers start and expand their farms, sharing much of the 50+ tons of compost made annually on site. The organization also provides materials and hands on assistance to growers in several nearby communities. Visitors, native and non-native come to the farm to tour and experience the self-sufficiency of the farm.
Bio Char Implementation - a program under Spirit Farm to make Biochar to be added to the compost. Biochar has potential to increase the biomass of plants, healing the soil through a natural process...
Bio Char Implementation - a program under Spirit Farm to make Biochar to be added to the compost. Biochar has potential to increase the biomass of plants, healing the soil through a natural process. This year the organization is preparing to receive the biochar machine that has the capability to not only make the biochar, but use the heat to warm water that is then piped underneath the soil in the greenhouse, warming the soil in order to extend the growing season.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $405,603 | $271,153 | +0.5% |
| Expenses | $329,721 | $258,438 | +0.3% |
| Net Income | $75,882 | $12,715 | +5.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James Skeet | Executive Director | 50 |
Director
|
$41,137 | $0 | $41,137 |
| Joyce Skeet | Program Director | 60 |
Director
Key Emp
|
$39,016 | $0 | $39,016 |
| Natana Begay | Business Manager | 30 |
Key Emp
|
$28,126 | $0 | $28,126 |
| Byron McMillan | board president | 1 |
Officer
Director
|
$0 | $200 | $200 |
| Vanessa Vandever | board member | 0.5 |
Director
|
$0 | $0 | $0 |
| Percy Anderson | board member | 0.5 |
Director
|
$0 | $0 | $0 |
| Chanselyn foster | board member | 0.5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $405,603 | $329,721 | $346,378 | $75,882 |
| 2023 | $271,153 | $258,438 | $282,243 | $12,715 |
| 2022 | $263,030 | $271,621 | $272,813 | $-8,591 |
| 2021 | $236,263 | $220,119 | $296,388 | $16,144 |
| 2020 | $298,465 | $166,612 | $245,773 | $131,853 |
| 2020 | $298,465 | $166,612 | $245,773 | $131,853 |
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