New Mexico Ramp Project (EIN 842770623) - 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

2019

Legal Domicile

Principal Officer

Greg Hallstrom

Phone

5054001776

Tax Period

2023-01-01 to 2023-12-31

New Mexico Ramp Project, founded in 2019, is a small nonprofit in the Human Services sector that reported $251K in total revenue in fiscal year 2023. Revenue surged 259% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 17% operating margin.

Mission

The New Mexico Ramp Project provides free ramps for older adults and people with mobility issues across New Mexico. Our vision is that no NM resident shall lack safe access becasue of finanical limitations.

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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 $240,717

Program Service Revenue $10,695

Investment Income $66

Other Revenue $0

TOTAL REVENUE $251,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,632

Fundraising Expenses $0

Program Expenses $184,440

Other Expenses $174,106

TOTAL EXPENSES $208,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$251,478	$70,005	+2.6%
Expenses	$208,738	$54,379	+2.8%
Net Income	$42,740	$15,626	+1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Les Bruce	Chairman	15.00	Officer Director	$0	$0	$0
Greg Hallstrom	Executive Director	40.00	Officer Director	$0	$0	$0
Melissa Hilleary	Secretary	15.00	Officer Director	$0	$0	$0
Ann Edenfield-Sweet	Director	5.00	Director	$0	$0	$0
Bill Schattschneider	Director	5.00	Director	$0	$0	$0
Tom Dawe	Director	5.00	Director	$0	$0	$0
Claude Wescott	Director	5.00	Director	$0	$0	$0
Doug Rowley	Director	5.00	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
2024	No data	No data	No data	No data
2023	$251,478	$208,738	$131,846	$42,740

New Mexico Ramp Project