New Mexico Broadcasters Association (EIN 850323628) - Form 990 Financial Analysis & Trantor Score

🔒

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

1951

Legal Domicile

Principal Officer

Mike Smith

Phone

5058814444

Tax Period

2024-01-01 to 2024-12-31

New Mexico Broadcasters Association, founded in 1951, is a small nonprofit that reported $570K in total revenue in fiscal year 2024. Expenses of $749K exceeded revenue, resulting in a 31% operating deficit.

Mission

Educate members and support programs on current issues facing the industry.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $463,098

Program Service Revenue $84,650

Investment Income $22,259

Other Revenue $0

TOTAL REVENUE $570,007

Expense Breakdown

Grants Paid $29,300

Salaries & Benefits $292,207

Fundraising Expenses $0

Program Expenses $519,558

Other Expenses $427,284

TOTAL EXPENSES $748,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$570,007	$574,291	0.0%
Expenses	$748,791	$728,589	+0.0%
Net Income	$-178,784	$-154,298	+0.2%

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

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

$152,396

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paula Maes	Executive Dir.	40.00	Officer	$101,979	$0	$101,979
Monica Armenta	Executive Dir.	40.00	Officer	$50,417	$0	$50,417
Lori Waldon	Chairperson	0.50	Officer Director	$0	$0	$0
Mike Smith	Vice Chair	0.50	Officer Director	$0	$0	$0
Sabrina Pack	Secretary	0.50	Officer Director	$0	$0	$0
Estevan Gonzales	Treasurer	0.50	Officer Director	$0	$0	$0
Charlie Blanco	Past Chair	0.25	Officer Director	$0	$0	$0
Bill Burt	Director	0.25	Director	$0	$0	$0
Jeff Berry	Director	0.25	Director	$0	$0	$0
Jim Burt	Director	0.25	Director	$0	$0	$0
Aaron Forrester	Director	0.25	Director	$0	$0	$0
Carolos Fourzan	Director	0.25	Director	$0	$0	$0
Michelle Donaldson	Director	0.25	Director	$0	$0	$0
Scott Wiggins	Director	0.25	Director	$0	$0	$0
Matt Martinez	Director	0.25	Director	$0	$0	$0
Adrian Velarde	Director	0.25	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	$570,007	$748,791	$517,536	$-178,784
2023	$574,291	$728,589	$596,209	$-154,298
2022	$632,767	$747,847	$670,611	$-115,080
2021	$676,786	$645,322	$858,591	$31,464
2020	$591,761	$568,739	$742,676	$23,022
2019	$667,414	$694,617	$728,334	$-27,203
2018	$711,180	$647,891	$679,069	$63,289

New Mexico Broadcasters Association