NEW SPACE NEW MEXICO

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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

2019

Legal Domicile

Principal Officer

CASEY ANGLADA DERAAD

Phone

5052355141

Tax Period

2023-01-01 to 2023-12-31

NEW SPACE NEW MEXICO, founded in 2019, is a community nonprofit in the Environment sector that reported $2.2M in total revenue in fiscal year 2023. Expenses of $2.1M left a modest 5% surplus.

Mission

FOSTER AN ENTREPRENEURIAL, BUSINESS-FOCUSED COMMERCIAL SPACE ECOSYSTEM IN NEW MEXICO BY MAKING CONNECTIONS, ADVOCATING FOR STAKEHOLDERS, AND PREPARING FOR THE FUTURE.

Program Service Accomplishments

Program 1

Expenses: $717,054

NEW SPACE NEW MEXICO CONDUCTED VARIOUS STUDIES FINANCED BY GRANTS FOR THE PURPOSE OF MOVING THE SPACE INDUSTRY FORWARD AND PROVIDING OPPORTUNITIES TO A GREATER NUMBER OF PARTICPANTS AND POTENTIAL...

NEW SPACE NEW MEXICO CONDUCTED VARIOUS STUDIES FINANCED BY GRANTS FOR THE PURPOSE OF MOVING THE SPACE INDUSTRY FORWARD AND PROVIDING OPPORTUNITIES TO A GREATER NUMBER OF PARTICPANTS AND POTENTIAL PARTICIPANTS.

Program 2

Expenses: $1,031,858 Revenue: $213,199

OTHER PROGRAMS - SEE SCHEDULE O

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,970,545

Program Service Revenue $213,199

Investment Income $1

Other Revenue $0

TOTAL REVENUE $2,183,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $916,801

Fundraising Expenses $17,405

Program Expenses $1,748,912

Other Expenses $1,164,773

TOTAL EXPENSES $2,081,574

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,183,745	$2,056,537	+0.1%
Expenses	$2,081,574	$2,017,624	+0.0%
Net Income	$102,171	$38,913	+1.6%

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

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

$260,438

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE SCIABICA	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
HANK ANDREWS	TREASURER	0.50	Officer Director	$0	$0	$0
DONNA SIERGIEJ	SECRETARY	0.50	Officer Director	$0	$0	$0
BARBARA BRAZIL	BOARD DIRECTOR	0.50	Director	$0	$0	$0
JILL HALVERSON	BOARD DIRECTOR	0.50	Director	$0	$0	$0
GARY KING	BOARD DIRECTOR	0.50	Director	$0	$0	$0
CASEY ANGLADA DERAAD	CEO	40.00	Officer	$250,798	$9,640	$260,438
SCOTT R MAETHNER	VP, OPERATIONS & INTEGRATION	40.00	Highest	$215,110	$6,318	$221,428

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	$2,183,745	$2,081,574	$742,464	$102,171
2022	$2,056,537	$2,017,624	$580,191	$38,913
2021	$914,911	$972,369	$406,206	$-57,458
2020	$594,496	$559,941	$204,943	$34,555