The Paseo Project Inc (EIN 811852200) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Elizabeth C Palacios

Phone

5756130601

Tax Period

2024-01-01 to 2024-12-31

The Paseo Project Inc, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $409K in total revenue in fiscal year 2024. The organization ran a surplus of $114K, a strong 28% operating margin.

Mission

The PASEO Projects mission is to transform art through community and community through art. The PASEO Project lives at the center of three primary values: Art, Education, and Community. The PASEO Projects community is both local and global, respectful and inclusive. The PASEO Project hosts the annual PASEO outdoor art festival located in Historic Downtown Taos.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $402,278

Program Service Revenue $0

Investment Income $6,701

Other Revenue $0

TOTAL REVENUE $408,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,516

Fundraising Expenses $0

Program Expenses $292,492

Other Expenses $178,644

TOTAL EXPENSES $295,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,979	$406,137	+0.0%
Expenses	$295,160	$344,634	-0.1%
Net Income	$113,819	$61,503	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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	Role	Reportable Comp	Other Comp	Total
Nina Silfverberg	Director	Director	$0	$0	$0
Nathaniel Evans	Treasurer	Officer Director	$0	$0	$0
Jacob V Cisneros	Director	Director	$0	$0	$0
Elizabeth C Palacios	Chair person	Officer Director	$0	$0	$0
Dawning Pollen Shorty	Director	Director	$0	$0	$0
Joleen Montoya	Secretary	Officer Director	$0	$0	$0
Sawyer Sides	Director	Director	$0	$0	$0
Enrico Trujillo	vice chair	Director	$0	$0	$0
carsyn griffin	Director	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
2024	$408,979	$295,160	$215,764	$113,819
2023	$406,137	$344,634	$253,569	$61,503
2022	$344,479	$307,535	$193,501	$36,944
2020	$240,876	$175,789	$306,991	$65,087
2019	$358,944	$228,969	$239,752	$129,975
2018	$294,438	$230,489	$109,777	$63,949

The Paseo Project Inc