NEW MEXICO INTER-FAITH HOUSING DEVELOPMENT CORP (EIN 800291710) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

ROSS MICHAELS

Phone

5054678340

Tax Period

2022-01-01 to 2022-12-31

NEW MEXICO INTER-FAITH HOUSING DEVELOPMENT CORP, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $307K in total revenue in fiscal year 2022. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $470K exceeded revenue, resulting in a 53% operating deficit.

Mission

NEW MEXICO INTERFAITH HOUSING PURSUES ITS CHARITABLE PURPOSE THROUGH THE DEVELOPMENT, PRODUCTION, AND MANAGEMENT OF HIGH QUALIT AFFORDABLE HOUSING IN STABLE COMMUNITIES. TO PROVIDE SUPPORTIVE SERVICES AT NO COST TO RESIDENTS FOR EDUCATIONAL PURPOSES AND CONOMIC SELF-SUFFICIENCY. TO PARTICIPATE IN GOVERNMENT HOUSING DESIGNED TO PROVIDE AFFORDABLE HOUSING.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $500

Program Service Revenue $170,016

Investment Income $136,675

Other Revenue $0

TOTAL REVENUE $307,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338,934

Fundraising Expenses $10,450

Program Expenses $405,142

Other Expenses $130,665

TOTAL EXPENSES $469,599

Year-over-Year Comparison

	2022	2021	Change
Revenue	$307,191	$1,207,312	-0.7%
Expenses	$469,599	$408,819	+0.1%
Net Income	$-162,408	$798,493	-1.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL ROTH	PRESIDENT	2.00	Officer Director	$0	$0	$0
ELLEN JANTZEN	DIRECTOR	2.00	Director	$0	$0	$0
MILES CONWAY	DIRECTOR	2.00	Director	$0	$0	$0
MARIE COMPTON	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL WERWATH	EXECUTIVE DI	40.00		$168,899	$0	$168,899
ROSS MICHAELS	EXECUTIVE DI	40.00	Officer	$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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$307,191	$469,599	$4,328,301	$-162,408
2021	$1,207,312	$408,819	$4,399,887	$798,493
2020	$343,911	$311,776	$3,524,737	$32,135

NEW MEXICO INTER-FAITH HOUSING DEVELOPMENT CORP