NEW MEXICO FARM AND LIVESTOCK BUREAU FOUNDATION INC

EIN: 850399251 501(c)(3) Medical Research

LAS CRUCES, NM

Total Revenue
$263,200
Total Expenses
$234,758
Total Assets
$1,175,275
Net Assets
$915,172
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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
1990
Legal Domicile
NM
Principal Officer
BENJAMIN SEGOVIA
Phone
5755324700
Tax Period
2024-11-01 to 2025-10-31

NEW MEXICO FARM AND LIVESTOCK BUREAU FOUNDATION INC, founded in 1990, is a small nonprofit in the Medical Research sector that reported $263K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $235K left a modest 11% surplus.

Mission

TO SUPPORT EDUCATION AND RESEARCH WHICH WILL RESULT IN GREATER CONSERVATION OF NATURAL RESOURCES, GENERAL PRESERVATION OF THE ENVIRONMENT, IMPROVEMENT IN AGRICULTURE, ERADICATION OF LIVESTOCK DISEASES, BETTER UNDERSTANDING OF LOCAL GOVERNMENT AND ITS EFFECT UPON AGRICULTURE. ALSO, TO PROVIDE SCHOLARSHIPS FOR PERSONS STUDYING AGRICULTURE AND TO DEVELOP AND MAINTAIN A LIBRARY OF RESOURCES FOR TEACHERS.

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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 $208,282
Program Service Revenue $52,499
Investment Income $2,419
Other Revenue $0
TOTAL REVENUE $263,200

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $49,617
Fundraising Expenses $0
Program Expenses $169,755
Other Expenses $180,141
TOTAL EXPENSES $234,758

Year-over-Year Comparison

2024 2023 Change
Revenue $263,200 $332,243 -0.2%
Expenses $234,758 $319,695 -0.3%
Net Income $28,442 $12,548 +1.3%
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

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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
11
Independent Members
11
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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY REAGAN CHAIRMAN N/A
Officer Director
$0 $0 $0
DON HARTMAN VICE CHAIRMA N/A
Officer Director
$0 $0 $0
BENJAMIN SEGOVIA CEO / SECR / N/A
Officer
$0 $0 $0
JIM ELLETT DIRECTOR N/A
Director
$0 $0 $0
ANTHONY PARRA DIRECTOR N/A
Director
$0 $0 $0
PATTY WAID DIRECTOR N/A
Director
$0 $0 $0
TAMARA FITZGERALD LUDWIG DIRECTOR N/A
Director
$0 $0 $0
NEIL FULLER DIRECTOR N/A
Director
$0 $0 $0
JEREMY TURNER DIRECTOR N/A
Director
$0 $0 $0
FAYTH FRANZOY DIRECTOR N/A
Director
$0 $0 $0
BECCA MEYERS DIRECTOR N/A
Director
$0 $0 $0
CRAIG OGDEN DIRECTOR N/A
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
2025 $263,200 $234,758 $1,175,275 $28,442
2024 $332,243 $319,695 $1,062,233 $12,548
2023 $742,774 $517,063 $1,085,026 $225,711
2022 $645,193 $458,624 $705,159 $186,569
2021 $467,450 $233,354 $471,247 $234,096
2020 $246,149 $187,544 $244,986 $58,605
2019 $259,526 $276,579 $192,288 $-17,053
2018 $208,023 $192,487 $201,035 $15,536
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