NORTHERN NEW MEXICO HORSEMEN'S ASS… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $5,694 Revenue: $341,851

NNMHA HAS EDUCATIONAL AND OUTREACH PROGRAMS IN THE FORM OF MONTHLY GUEST SPEAKER PRESENTATIONS, TEACHING CLINICS AND DEMONSTRATIONS; AN EDUCATIONAL SCHOLARSHIP PROGRAM; RECREATIONAL ACTIVITIES SUCH AS GROUP TRAIL RIDES; AND PARTNERS WITH OTHER ORGANIZATIONS DEDICATED TO HORSES AND HORSE ACTIVITIES. WE CELEBRATE ALL TYPES OF EQUINES AND THE PEOPLE WHO CARE ABOUT THEM.

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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 (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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

NORTHERN NEW MEXICO HORSEMEN'S ASSOCIATION