NORTHERN NEW MEXICO AIR ALLIANCE

🔒

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

2017

Legal Domicile

Principal Officer

PAUL MARGETSON

Phone

5054702023

Tax Period

2024-01-01 to 2024-12-31

NORTHERN NEW MEXICO AIR ALLIANCE, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $225K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 33% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO GENERATE MORE FLIGHTS INTO SANTA FE WHICH BRINGS ECONOMIC GROWTH TO LOCAL BUSINESSES AND THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $131,268 Revenue: $224,725

FIRST ACCOMPLISHMENT IS GENERATING MORE FLIGHTS INTO SANTA FE WHICH BENEFITS LOCAL BUSINESSES AND THE COMMUNITY.

🔒

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 $224,725

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $224,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $131,268

Other Expenses $151,158

TOTAL EXPENSES $151,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,725	$108,794	+1.1%
Expenses	$151,158	$194,135	-0.2%
Net Income	$73,567	$-85,341	-1.9%

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

Employees

N/A

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
PAUL MARGETSON	PRESIDENT	0.00	Officer	$0	$0	$0
RANDY RANDALL	VICE PRESIDENT	0.00	Officer	$0	$0	$0
STEWART C COOK	EXECUTIVE DIRECTOR	0.50	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	$224,725	$151,158	$80,299	$73,567
2023	$108,794	$194,135	$6,726	$-85,341
2022	$105,000	$109,488	$92,067	$-4,488
2021	$100,000	$133,589	$96,555	$-33,589
2020	$186,298	$111,347	$130,144	$74,951
2019	$207,846	$166,114	$55,193	$41,732
2018	$429,249	$472,909	$13,461	$-43,660