NEW MEXICO BOYS AND GIRLS RANCHES INC

EIN: 850125610 501(c)(3) Human Services

ALBUQUERQUE, NM

Total Revenue
$4,943,875
Total Expenses
$3,009,842
Total Assets
$14,005,566
Net Assets
$12,122,508
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
NM
Principal Officer
MIKELA KULL
Phone
5058813363
Tax Period
2024-07-01 to 2025-06-30

NEW MEXICO BOYS AND GIRLS RANCHES INC, founded in 1944, is a community nonprofit in the Human Services sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 39% operating margin.

Mission

THE RANCHES IS A NON-PROFIT ORGANIZATION THAT OPERATES MULTI-DENOMINATIONAL CHRISTIAN HOMES FOR CHILDREN WHO ARE NOT ABLE TO LIVE AT HOME. THE SERVICES OFFERED PROVIDE STRUGGLING CHILDREN WITH A STRUCTURED ENVIRONMENT, CONSISTENCY AND PREDICTABILITY AS THEY LEARN LIFE SKILLS, INCLUDING COMMUNICATION, PEER RELATIONSHIPS, ADULT RELATIONSHIPS, CULTURAL DIVERSITY, WORK SKILLS, SOCIAL SKILLS, COOKING SKILLS, CARING FOR ANIMALS, ETC. THE ON-CAMPUS SERVICES PROVIDE COUNSELING FOR BOTH THE INDIVIDUAL AND THE FAMILY, EDUCATIONAL SKILLS, FAMILY LIVING OPPORTUNITIES AS WELL AS PHYSICAL AND SOCIAL ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,830,266
Program Service Revenue $18,822
Investment Income $1,093,002
Other Revenue $1,785
TOTAL REVENUE $4,943,875

Expense Breakdown

Grants Paid $4,713
Salaries & Benefits $1,167,860
Fundraising Expenses $0
Program Expenses $2,714,777
Other Expenses $1,837,269
TOTAL EXPENSES $3,009,842

Year-over-Year Comparison

2024 2023 Change
Revenue $4,943,875 $3,812,097 +0.3%
Expenses $3,009,842 $2,632,344 +0.1%
Net Income $1,934,033 $1,179,753 +0.6%
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

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Governance

Voting Members
5
Independent Members
4
Employees
34
Volunteers
8

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
4
$132,591
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HARTENBOWER CHAIR 0.50
Officer Director
$0 $0 $0
TOMMY SANDERS SECRETARY 0.50
Officer Director
$0 $0 $0
NICK COSTALES DIRECTOR 0.50
Director
$0 $0 $0
MARIA RIVERA DIRECTOR 0.50
Director
$0 $0 $0
MIKELA KULL PRESIDENT 50.00
Officer
$0 $5,363 $67,202
DAWN GOODRUM CONTROLLER 45.00
Officer
$0 $9,798 $65,389
MICHELE KULL VP FOR PROGR 40.00
Highest
$103,640 $9,952 $113,592
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 $4,943,875 $3,009,842 $14,005,566 $1,934,033
2024 No data No data No data No data
2023 $3,355,667 $3,553,573 $10,270,334 $-197,906
2022 $6,376,329 $3,317,805 $9,367,027 $3,058,524
2021 $4,331,116 $1,230,849 $5,828,597 $3,100,267
2020 $1,596,300 $2,378,673 $4,239,102 $-782,373
2019 $2,217,016 $2,338,710 $4,792,015 $-121,694
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