THE HIGH FRONTIERVALMORA FOUNDATION

EIN: 710882376 501(c)(3)

LAS VEGAS, NM

Total Revenue
$317,814
Total Expenses
$564,349
Total Assets
$116,917
Net Assets
$116,917
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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
1992
Legal Domicile
TX
Phone
5054256057
Tax Period
2018-09-01 to 2019-08-31

THE HIGH FRONTIERVALMORA FOUNDATION, founded in 1992, is a small nonprofit that reported $318K in total revenue in fiscal year 2018. Expenses of $564K exceeded revenue, resulting in a 78% operating deficit.

Mission

PROVIDES SUPPORT FOR TAX EXEMPT ORGANIZATIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $313,992
Program Service Revenue $0
Investment Income $3,822
Other Revenue $0
TOTAL REVENUE $317,814

Expense Breakdown

Grants Paid $564,349
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $564,349
Other Expenses $0
TOTAL EXPENSES $564,349

Year-over-Year Comparison

2018 2017 Change
Revenue $317,814 N/A N/A
Expenses $564,349 N/A N/A
Net Income $-246,535 N/A N/A
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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM MCKAY President 2.00
Director
$0 $0 $0
CAROL MCKAY Trustee 2.00
Director
$0 $0 $0
DAVID COCKRAN Trustee 2.00
Director
$0 $0 $0
DIONNE BAGSBY Trustee 2.00
Director
$0 $0 $0
ISIDRO ESQUIBEL Trustee 2.00
Director
$0 $0 $0
JOHN MCKAY Trustee 2.00
Director
$0 $0 $0
MARCIA BRENDEN Trustee 2.00
Director
$0 $0 $0
PEGGY ROBERTSON Trustee 2.00
Director
$0 $0 $0
RON VIGIL Trustee 2.00
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
2019 $317,814 $564,349 $116,917 $-246,535
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