SOUTHEASTERN NEW MEXICO ECONOMIC DEVELOPMENT DISTRICT (EIN 850214427) - 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

1971

Legal Domicile

Principal Officer

DORA BATISTA

Phone

5756246131

Tax Period

2024-07-01 to 2025-06-30

SOUTHEASTERN NEW MEXICO ECONOMIC DEVELOPMENT DISTRICT, founded in 1971, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 347% from the prior year, signaling strong growth momentum. Expenses of $4.6M left a modest 13% surplus.

Mission

THE FUNDAMENTAL MISSION OF THE SNMEDD IS TO STRENGTHEN THE REGIONAL ECONOMIC BASE, WHICH IS RESPONSIBLE FOR PROVIDING QUALITY JOBS TO AREA RESIDENTS.

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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 $4,906,972

Program Service Revenue $345,097

Investment Income $1,179

Other Revenue $12,771

TOTAL REVENUE $5,266,019

Expense Breakdown

Grants Paid $3,083,493

Salaries & Benefits $851,374

Fundraising Expenses $0

Program Expenses $4,267,832

Other Expenses $629,048

TOTAL EXPENSES $4,563,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,266,019	$1,179,041	+3.5%
Expenses	$4,563,915	$1,065,900	+3.3%
Net Income	$702,104	$113,141	+5.2%

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

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

$120,077

Total Directors

$120,077

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DORA BARISTA	SECRETARY/EXECUTIVE DIRECT	40.00	Officer Director	$94,076	$26,001	$120,077
SAM SEELY	PRESIDENT	0.10	Officer Director	$0	$0	$0
DAVID MIRANDA	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
TONY GARCIA	TREASURER	0.10	Officer Director	$0	$0	$0
PAMELA HELTNER	BOARD MEMBER	0.10	Director	$0	$0	$0
RUDY SALES	BOARD MEMBER	0.10	Director	$0	$0	$0
RICK C FUENTES	BOARD MEMBER	0.10	Director	$0	$0	$0
TODD RANDALL	BOARD MEMBER	0.10	Director	$0	$0	$0
LISA ANAYA-FLORES	BOARD MEMBER	0.10	Director	$0	$0	$0
STEPHEN ALDRIDGE	BOARD MEMBER	0.10	Director	$0	$0	$0
BILLY HOBBS	BOARD MEMBER	0.10	Director	$0	$0	$0
TIMOTHY KING	BOARD MEMBER	0.10	Director	$0	$0	$0
MANUEL BRUSUELAS	BOARD MEMBER	0.10	Director	$0	$0	$0
JON HITCHCOCK	BOARD MEMBER	0.10	Director	$0	$0	$0
SUSAN PAYNE	BOARD MEMBER	0.10	Director	$0	$0	$0
CODA OMNESS	BOARD MEMBER	0.10	Director	$0	$0	$0
ROBBIE ROBERTS	BOARD MEMBER	0.10	Director	$0	$0	$0
DR GARY JACKSON	BOARD MEMBER	0.10	Director	$0	$0	$0
HAYLEY KLEIN	BOARD MEMBER	0.10	Director	$0	$0	$0
ROBERT HEMPHILL	BOARD MEMBER	0.10	Director	$0	$0	$0
DARA DANA	BOARD MEMBER	0.10	Director	$0	$0	$0
RON CHAMBERS	BOARD MEMBER	0.10	Director	$0	$0	$0
LEWIS WESSON	BOARD MEMBER	0.10	Director	$0	$0	$0
JULIANA HALVORSON	BOARD MEMBER	0.10	Director	$0	$0	$0
SUMMER VALVERDE	BOARD MEMBER	0.10	Director	$0	$0	$0
COREY NEEDHAM	BOARD MEMBER	0.10	Director	$0	$0	$0
MARILYN BURNS	BOARD MEMBER	0.10	Director	$0	$0	$0
SAMANTHA J SERNA	BOARD MEMBER	0.10	Director	$0	$0	$0
KEVIN KENNEDY	BOARD MEMBER	0.10	Director	$0	$0	$0
JOE JARVIS	BOARD MEMBER	0.10	Director	$0	$0	$0
LORRIE BLACK	BOARD MEMBER	0.10	Director	$0	$0	$0
DUANE DUFFY	BOARD MEMBER	0.10	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	$5,266,019	$4,563,915	$1,586,987	$702,104
2024	$1,179,041	$1,065,900	$536,817	$113,141
2023	$662,869	$808,305	$390,848	$-145,436
2022	$701,590	$645,638	$416,592	$55,952
2021	$716,962	$508,199	$411,355	$208,763
2020	$499,731	$430,794	$205,413	$68,937
2019	$486,130	$436,034	$203,664	$50,096
2018	$465,889	$459,509	$234,653	$6,380

SOUTHEASTERN NEW MEXICO ECONOMIC DEVELOPMENT DISTRICT