PROJECT SANTA FE FOUNDATION INC

EIN: 831195793 501(c)(3) Diseases & Disorders

SALT LAKE CITY, UT

Total Revenue
$397,597
Total Expenses
$581,500
Total Assets
$688,272
Net Assets
$672,322
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Principal Officer
KHOSROW SHOTORBANI MBA
Phone
8012099337
Tax Period
2025-01-01 to 2025-12-31

PROJECT SANTA FE FOUNDATION INC, founded in 2018, is a small nonprofit in the Diseases & Disorders sector that reported $398K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $582K exceeded revenue, resulting in a 46% operating deficit.

Mission

PROVIDE RESEARCH, CLINICAL STUDIES, WORKSHOPS, CONFERENCES, PUBLICATIONS AND EDUCATIONAL OPPORTUNITIES FOR MEDICAL PROFESSIONALS.

Program Service Accomplishments

Program 1
Expenses: $452,299 Revenue: $79,788

PROJECT SANTA FE HELD WORKSHOPS TO PROVIDE EDUCATIONAL OPPORTUNITIES AND THOUGHT LEADERSHIP FOR MEDICAL PROFESSIONALS, INDUSTRY, PROFESSIONAL SOCIETIES, PATIENT ADVOCATES, PUBLIC HEALTH AGENCIES...

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PROJECT SANTA FE HELD WORKSHOPS TO PROVIDE EDUCATIONAL OPPORTUNITIES AND THOUGHT LEADERSHIP FOR MEDICAL PROFESSIONALS, INDUSTRY, PROFESSIONAL SOCIETIES, PATIENT ADVOCATES, PUBLIC HEALTH AGENCIES, POPULATION HEALTH EXPERTS AND HEALTH POLICY EXPERTS. IN ADDITION, THE FOUNDATION SPONSORED MULTI-INSTITUTIONAL DEMONSTRATION PROJECTS ADDRESSING CHRONIC DISEASE DETECTION AND MONITORING IN POPULATIONS TO SUPPORT PUBLICATION AND INSTITUTIONAL DEPLOYMENT OF PATIENT CENTERED, VALUE-BASED INITIATIVES IN HEALTH CARE MANAGEMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $301,000
Program Service Revenue $79,788
Investment Income $0
Other Revenue $16,809
TOTAL REVENUE $397,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $452,299
Other Expenses $581,500
TOTAL EXPENSES $581,500

Year-over-Year Comparison

2025 2024 Change
Revenue $397,597 $596,406 -0.3%
Expenses $581,500 $596,406 0.0%
Net Income $-183,903 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
8
Independent Members
7
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
3
$100,000
Total Directors
8
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KHOSROW SHOTORBANI MBA PRESIDENT CEO 5.00
Officer Director
$100,000 $0 $100,000
JAMES CRAWFORD MD CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
MYRA L WILKERSON MD BOARD TREASURER 1.00
Officer Director
$0 $0 $0
MARK K FUNG MD BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN L KAUL MD BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY STRATTON MBA BOARD MEMBER 1.00
Director
$0 $0 $0
OCTAVIA M PECK PALMER PHD BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD J ZARBO MD DMD BOARD MEMBER 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 $397,597 $581,500 $688,272 $-183,903
2024 No data No data No data No data
2023 $721,293 $586,686 $791,959 $134,607
2022 $310,720 $344,156 $657,421 $-33,436
2021 $479,435 $129,285 $690,788 $350,150
2020 $225,858 $151,773 $340,638 $74,085
2019 $327,840 $244,106 $266,553 $83,734
2018 $471,463 $288,644 $182,819 $182,819
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