NORTHERN NEW MEXICO HORSEMEN'S ASSOCIATION

EIN: 850365163 501(c)(3) Recreation & Sports

SANTA FE, NM

Total Revenue
$343,951
Total Expenses
$5,694
Total Assets
$654,927
Net Assets
$654,927
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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
1955
Legal Domicile
NM
Principal Officer
HOWARD GERSHON
Phone
5054701396
Tax Period
2020-01-01 to 2020-12-31

NORTHERN NEW MEXICO HORSEMEN'S ASSOCIATION, founded in 1955, is a small nonprofit in the Recreation & Sports sector that reported $344K in total revenue in fiscal year 2020. The organization ran a surplus of $338K, a strong 98% operating margin.

Mission

NORTHERN NEW MEXICO HORSEMEN'S ASSOCIATION ENCOURAGES AND EDUCATES OUR MEMBERS AND THE BROADER NEW MEXICO COMMUNITY WITH REGARD TO EQUINE WELLNESS AND EQUESTRIAN 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 (2020)

Revenue Breakdown

Contributions & Grants $2,100
Program Service Revenue $0
Investment Income $341,851
Other Revenue $0
TOTAL REVENUE $343,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,694
Other Expenses $5,694
TOTAL EXPENSES $5,694

Year-over-Year Comparison

2020 2019 Change
Revenue $343,951 N/A N/A
Expenses $5,694 N/A N/A
Net Income $338,257 N/A N/A
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
5
Employees
N/A
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MARKS FORMER PRESIDENT 1.00
Officer Director
$0 $0 $0
HOWARD GERSHON PRESIDENT 1.00
Officer Director
$0 $0 $0
JOYCE DAVIS SECRETARY 1.00
Officer Director
$0 $0 $0
HELEN NEWTON TREASURER 1.00
Officer Director
$0 $0 $0
JOHN PERSON AT-LARGE 1.00
Officer 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
2020 $343,951 $5,694 $654,927 $338,257
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