NEW MEXICO BIOSCIENCE AUTHORITY (EIN 823580514) - 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

2017

Legal Domicile

Principal Officer

David Perkins MD PhD

Phone

5052727441

Tax Period

2024-07-01 to 2025-06-30

NEW MEXICO BIOSCIENCE AUTHORITY, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $341K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $377K exceeded revenue, resulting in a 10% operating deficit.

Mission

The mission of the NM Bioscience Authority is to help increase the amount of bioscience industry in the state of New Mexico.

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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 (2024)

Revenue Breakdown

Contributions & Grants $341,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $341,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,580

Fundraising Expenses $0

Program Expenses $33,835

Other Expenses $99,330

TOTAL EXPENSES $376,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,200	$516,500	-0.3%
Expenses	$376,910	$357,656	+0.1%
Net Income	$-35,710	$158,844	-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

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 Laur	Chair	3.00	Director	$0	$0	$0
David Perkins	President	1.00	Officer	$0	$0	$0
Tanner Schaub	Vice Chair	1.00	Director	$0	$0	$0
Christos Christodoulou	Vice President	1.00	Officer	$0	$0	$0
Francisco Pallares	Secretary	1.00	Officer	$0	$0	$0
Greg Byrnes	Director	1.00	Director	$0	$0	$0
Dana Catron	Director	1.00	Director	$0	$0	$0
Dale Dekker	Director	1.00	Director	$0	$0	$0
Alex Koglin	Director	1.00	Director	$0	$0	$0
Lisa Kuuttila	Director	1.00	Director	$0	$0	$0
Nora Sackett	Director	1.00	Director	$0	$0	$0
Prisca Tiasse	Director	1.00	Director	$0	$0	$0
Tom Kieft	Director	1.00	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
2025	$341,200	$376,910	$277,191	$-35,710
2024	$516,500	$357,656	$312,901	$158,844
2023	$297,400	$400,321	$229,058	$-102,921
2022	$288,000	$290,810	$256,978	$-2,810
2021	$294,246	$264,894	$259,788	$29,352
2020	$368,000	$232,996	$230,436	$135,004

NEW MEXICO BIOSCIENCE AUTHORITY