Meals on Wheels New Mexico

EIN: 850307043 501(c)(3) Food, Agriculture & Nutrition

Albuquerque, NM

Total Revenue
$3,319,214
Total Expenses
$3,623,288
Total Assets
$2,133,107
Net Assets
$1,963,680
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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
1972
Legal Domicile
NM
Principal Officer
David Nater
Phone
5058238062
Tax Period
2024-01-01 to 2024-12-31

Meals on Wheels New Mexico, founded in 1972, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.3M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

Delivering healthy meals and friendship neighbor to neighbor. The Organization cooks, prepares, and delivers meals to hungry people across New Mexico and provides contact with these people to ensure that their dietary health and other needs are met.

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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 $2,038,558
Program Service Revenue $1,254,280
Investment Income $43,994
Other Revenue $-17,618
TOTAL REVENUE $3,319,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,190,958
Fundraising Expenses $582,519
Program Expenses $2,781,107
Other Expenses $2,282,235
TOTAL EXPENSES $3,623,288

Year-over-Year Comparison

2024 2023 Change
Revenue $3,319,214 $2,766,846 +0.2%
Expenses $3,623,288 $3,370,403 +0.1%
Net Income $-304,074 $-603,557 -0.5%
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
19
Independent Members
19
Employees
44
Volunteers
424

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
5
$148,963
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shauna M Frost Executive Dir. 40.00
Officer
$139,829 $9,134 $148,963
David Nater President 1.00
Officer Director
$0 $0 $0
Lisa Droelle Vice President 1.00
Officer Director
$0 $0 $0
Van Billops CPA Secretary 1.00
Officer Director
$0 $0 $0
Tyler Brooks CPA Treasurer 1.00
Officer Director
$0 $0 $0
Jean Block Member at Large 3.00
Director
$0 $0 $0
Idalia Lechuga-Tena Member at Large 3.00
Director
$0 $0 $0
Linda Atencio Member at Large 1.00
Director
$0 $0 $0
Will Belletto Member at Large 1.00
Director
$0 $0 $0
Bryan Costilla Member at Large 2.50
Director
$0 $0 $0
Janis Fensterer Member at Large 1.00
Director
$0 $0 $0
Carmen Good Member at Large 1.00
Director
$0 $0 $0
Susan Slates Member at Large 1.00
Director
$0 $0 $0
Kathy Komoll Member at Large 1.00
Director
$0 $0 $0
Kate Weaver Patterson Member at Large 1.00
Director
$0 $0 $0
John Landis Member at Large 1.00
Director
$0 $0 $0
Jeffrey Mermilliod Member at Large 1.00
Director
$0 $0 $0
Jeff Gittelman Member at Large 1.00
Director
$0 $0 $0
William Tallman Member at Large 2.00
Director
$0 $0 $0
Carol Wight Member at Large 3.50
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 $3,319,214 $3,623,288 $2,133,107 $-304,074
2023 $2,766,846 $3,370,403 $2,443,367 $-603,557
2022 $2,816,297 $2,173,709 $2,983,264 $642,588
2021 $1,805,043 $1,466,553 $2,326,004 $338,490
2020 $2,948,696 $1,548,014 $2,075,376 $1,400,682
2019 $1,353,316 $1,445,361 $578,521 $-92,045
2018 $1,263,854 $1,270,544 $590,548 $-6,690
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