FOOD BANK OF EASTERN NEW MEXICO INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

DIANNA SPRAGUE

Phone

5757636130

Tax Period

2022-07-01 to 2023-06-30

FOOD BANK OF EASTERN NEW MEXICO INC, founded in 1984, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.3M in total revenue in fiscal year 2022. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 13% surplus.

Mission

PROVIDES AND SUPPORTS FOOD PROGRAMS TO ALLEVIATE HUNGER AND ITS CONSEQUENCES FOR CHILDREN, FAMILIES AND INDIVIDUALS IN EASTERN NEW MEXICO.

Program Service Accomplishments

Program 1

Expenses: $2,730,622 Revenue: $1,461,534

THE ORGANIZATION SOLICITS, COLLECTS, AND PURCHASES FOOD AND GROCERY ITEMS FOR DISTRIBUTION TO OTHER NONPROFIT ORGANIZATIONS SUCH AS CHURCHES, CLUBS, AND AGENCIES WITH PROGRAMS TO FEED THE ILL...

THE ORGANIZATION SOLICITS, COLLECTS, AND PURCHASES FOOD AND GROCERY ITEMS FOR DISTRIBUTION TO OTHER NONPROFIT ORGANIZATIONS SUCH AS CHURCHES, CLUBS, AND AGENCIES WITH PROGRAMS TO FEED THE ILL, INFANTS/CHILDREN, ELDERLY, AND NEEDY. THE ORGANIZATION DISTRIBUTES FOOD TO ORGANIZATIONS IN 5 EASTERN NM COUNTIES. DURING THE CURRENT REPORTING YEAR, ABOUT 1,590,642 POUNDS OF FOOD WAS DISTRIBUTED.THE MAJOR PROGRAMS OF THE FOOD BANK ARE CONTINUED ON SCH O.USDA/TEFAP COMMODITY DISTRIBUTION - THIS PROGRAM DISTRIBUTES USDA COMMODITIES UNDER THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) TO AREA SITES FOR DISTRIBUTION TO THE FOOD INSECURE WITHIN A FIVE-COUNTY AREA IN EASTERN NEW MEXICO INCLUDING CURRY, ROOSEVELT, DEBACA, QUAY AND GUADALUPE COUNTIES.MOBILE FOOD PANTRIES - THIS PROGRAM IS RUN USING COMMODITY FOODS FROM THE USDA/TEFAP PROGRAM WITH GLEANED PRODUCE, BAKERY PRODUCTS AND NON COMMODITY FOODS WITHIN A FIVE-COUNTY AREA COVERING EASTERN NEW MEXICO.FOOD FOR KIDS BACKPACK - THIS PROGRAM PROVIDES A NON-DESCRIPT BAG OF INDIVIDUALLY WRAPPED FOOD ITEMS FOR WEEKEND CONSUMPTION BY ELEMENTARY SCHOOL CHILDREN SUFFERING FROM HUNGER AS IDENTIFIED BY SCHOOL PERSONNEL. THIS PROGRAM IS OFFERED TO ELEMENTARY SCHOOLS IN CURRY AND ROOSEVELT COUNTIES.AGENCY PROGRAMS - A VARIETY OF FOOD RESCUE AND PURCHASED FOOD ITEMS ARE MADE AVAILABLE TO PANTRIES FOR THEIR PROGRAMS AT A SHARED FEE OF $0.19 PER POUND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,826,172

Program Service Revenue $1,461,534

Investment Income $-21,237

Other Revenue $0

TOTAL REVENUE $3,266,469

Expense Breakdown

Grants Paid $2,359,028

Salaries & Benefits $271,573

Fundraising Expenses $26,623

Program Expenses $2,730,622

Other Expenses $227,305

TOTAL EXPENSES $2,857,906

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,266,469	$2,273,364	+0.4%
Expenses	$2,857,906	$2,414,931	+0.2%
Net Income	$408,563	$-141,567	-3.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$52,242

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY SHAFER	PRESIDENT	10.00	Officer Director	$0	$0	$0
SHERRY TURNER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
WAYNE BOYDSTUN	BOARD MEMBER	5.00	Director	$0	$0	$0
LYNN AUCUTT	SECRETARY	5.00	Officer Director	$0	$0	$0
TAMMIE RODRIGUEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
JAN SALAZAR CHAIREZ	TREASURER	5.00	Officer Director	$0	$0	$0
TERESA NANCE	BOARD MEMBER	5.00	Director	$0	$0	$0
GLEN O'REAR	BOARD MEMBER	5.00	Director	$0	$0	$0
DIANA SPRAGUE	EXECUTIVE DIRECTOR	40.00	Officer	$52,242	$0	$52,242

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,266,469	$2,857,906	$1,622,566	$408,563
2022	$2,273,364	$2,414,931	$1,160,502	$-141,567
2021	$3,580,389	$3,214,128	$1,304,197	$366,261
2020	$3,267,631	$3,176,504	$852,840	$91,127
2019	$2,350,729	$2,345,994	$679,960	$4,735