SANDOVAL ECONOMIC ALLIANCE INC

EIN: 850407128

RIO RANCHO, NM

Total Revenue
$418,660
Total Expenses
$12,722
Total Assets
$362,288
Net Assets
$186,697
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NM
Tax Period
2022-07-01 to 2023-06-30

SANDOVAL ECONOMIC ALLIANCE INC, founded in 1992, is a small nonprofit that reported $419K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $406K, a strong 97% operating margin.

Mission

TO FOSTER ECONOMIC VIBRANCY BY CREATING, STRENGTHENING, AND RETAINING ECONOMIC BASE JOBS THAT ENHANCE THE QUALITY OF LIFE IN RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO.

Program Service Accomplishments

Program 1
Expenses: $12,713

ENHANCE AWARENESS OF RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO AS AN ATTRACTIVE COMMUNITY TO OPERATE, LIVE, AND WORK. CONTINUE TO ADMINISTER RECRUITING AND PUBLIC RELATIONS PROGRAMS THAT ATTRACT NEW...

Read more

ENHANCE AWARENESS OF RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO AS AN ATTRACTIVE COMMUNITY TO OPERATE, LIVE, AND WORK. CONTINUE TO ADMINISTER RECRUITING AND PUBLIC RELATIONS PROGRAMS THAT ATTRACT NEW COMPANIES AND RETAIN AND EXPAND EXISTING LOCAL COMPANIES. EFFORTS WERE ACCOMPLISHED THROUGH VARIOUS MARKETING MEANS INCLUDING TRADE SHOWS, DIRECT MAILINGS, AND THROUGH PROPOSALS AND SITE VISITS FOR COMPANIES CONSIDERING RELOCATON OR EXPLANSION WITHIN RIO RANCHO AND SANDOVAL COUNTY. ORGANIZATION GOALS ARE TO PROMOTE AND MAINTAIN A HEALTHY, VIBRANT, AND ACTIVE COMMUNITY BY SUPPORTING A BUSINESS FRIENDLY ENVIRONMENT THAT ALLOWS FOR CAREER ENHANCING, QUALITY ECONOMIC BASE COMPANIES TO THRIVE, TO ACTIVELY RECRUIT NEW ECONOMIC BASE COMPANIES TO THE REGION, TO HELP EXISTING COMPANIES GROW AND THRIVE, AND TO WORK WITH COMMUNITY LEADERS TO SUPPORT AN ENVIRONMENT OF ECONOMIC STABILITY, GROWTH AND EXCELLENCE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $212,163
Program Service Revenue $206,465
Investment Income $32
Other Revenue $0
TOTAL REVENUE $418,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2
Program Expenses $12,713
Other Expenses $12,722
TOTAL EXPENSES $12,722

Year-over-Year Comparison

2022 2021 Change
Revenue $418,660 $475,467 -0.1%
Expenses $12,722 $381,745 -1.0%
Net Income $405,938 $93,722 +3.3%
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

Sign In

Governance

Voting Members
20
Independent Members
19
Employees
5
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
$125,000
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED SHEPERD PRESIDENT AND CEO - CURRENT 40.00
Officer
$125,000 $0 $125,000
DAVID PATTERSON BOARD MEMBER 0.50
Director
$0 $0 $0
ED SMITH BOARD MEMBER 0.50
Director
$0 $0 $0
PHIL CASAUS BOARD MEMBER 0.50
Director
$0 $0 $0
DORA DOMINGUEZ BOARD MEMBER 0.50
Director
$0 $0 $0
MELISSA GOMEZ BOARD MEMBER 0.50
Director
$0 $0 $0
MARIO CERVANTES BOARD MEMBER 0.50
Director
$0 $0 $0
LAURA BURTON BOARD MEMBER 0.50
Director
$0 $0 $0
MARIO FERNANDEZ BOARD MEMBER 0.50
Director
$0 $0 $0
JIMMIE BLOTTER BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW GEISEL BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW SPANGLER BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE FRANKS BOARD MEMBER 0.50
Director
$0 $0 $0
MIKE SKOLNICK BOARD MEMBER 0.50
Director
$0 $0 $0
TOM NOVACK BOARD MEMBER 0.50
Director
$0 $0 $0
GARY HOUSELY BOARD MEMBER 0.50
Director
$0 $0 $0
ERIN JOHNSON-KRUFT BOARD MEMBER 0.50
Director
$0 $0 $0
ERIKA EDGERLY BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL BAKER BOARD MEMBER 0.50
Director
$0 $0 $0
JR ALLISON BOARD CHAIR ELECT 0.50
Officer
$0 $0 $0
GARY SAIZ BOARD CHAIR 0.50
Officer
$0 $0 $0
JOE SIERRA BOARD TREASURER 0.50
Officer
$0 $0 $0
PIERCE RUNNELS BOARD SECRETARY 0.50
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $418,660 $12,722 $362,288 $405,938
2022 $475,467 $381,745 $405,958 $93,722
2021 $423,697 $393,736 $374,339 $29,961
2020 $639,118 $578,098 $314,584 $61,020
2019 $682,006 $663,626 $260,269 $18,380
2018 $656,351 $692,211 $205,678 $-35,860
Explore More Nonprofits
Top 100 Nonprofits in New Mexico Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SANDOVAL ECONOMIC ALLIANCE INC with other nonprofits in New Mexico and across the country.