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. We apply ancestral Indigenous wisdom integrating creative solutions energized by nature that provides experience and training to grow nutrient rich foods in the southwest high desert. Spirit Farm 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.
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 |
Compare COVENANT PATHWAYS with other nonprofits in New Mexico and across the country.