THE NEW MEXICO FARMERS MARKETING ASSOCIATION

EIN: 850430744 501(c)(3) Food, Agriculture & Nutrition

SANTA FE, NM

Total Revenue
$3,686,037
Total Expenses
$3,923,973
Total Assets
$1,515,429
Net Assets
$1,243,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NM
Principal Officer
JEDREK LAMB
Phone
5059834010
Tax Period
2023-01-01 to 2023-12-31

THE NEW MEXICO FARMERS MARKETING ASSOCIATION, founded in 1995, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum.

Mission

EDUCATING THE PUBLIC ABOUT EATING HEALTHY, LOCALLY GROWN/PRODUCED FOOD; ENGAGING LOW-INCOME AND LIMITED RESOURCE INDIVIDUALS/FAMILIES TO EDUCATE, INFORM AND ENCOURAGE THEM ABOUT HEALTHY LOCALLY GROWN FOOD AND TO ENCOURAGE THEM TO EAT HEALTHY AND UTLILIZE PUBLIC FOOD PROGRAMS AT FARMERS' MARKETS AND RETAIL OUTLETS; TO EDUCATE, PROVIDE TECHNICAL ASSISTANCE AND TRAINING TO FARMERS, MARKET MANAGERS, VALUE CHAIN COORDINATORS, AND OTHER INTERESTED PERSONS WHO WORK WITH FOOD SYSTEMS THROUGHOUT NEW MEXICO; TO SUPPORT CONTINUED DEVELOPMENT OF NEW MEXICO'S LOCAL FOOD SYSTEM BY CULTIVATING STRONG NETWORKS OF SUPPORT THAT INCLUDE FARMERS, FARMERS' MARKETS, AND OTHER RETAIL OUTLETS THAT SUPPORT NEW MEXICO AGRICULTURAL PRODUCERS, HEALTH CLINICS AND EDUCATORS, COMMUNITY ORGANIZATIONS, ETC.; SUPPORT REGENERATIVE AGRICULTURAL PRACTICES; AND TO ADVOCATE FOR THE INTERESTS OF NEW MEXICO AGRICULTURE PRODUCERS AND OTHERS INTERESTED IN CREATING HEALTHY NEW MEXICO COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,667,483
Program Service Revenue $6,490
Investment Income $353
Other Revenue $11,711
TOTAL REVENUE $3,686,037

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,231,394
Fundraising Expenses $117,543
Program Expenses $3,542,057
Other Expenses $2,692,579
TOTAL EXPENSES $3,923,973

Year-over-Year Comparison

2023 2022 Change
Revenue $3,686,037 $2,346,253 +0.6%
Expenses $3,923,973 $2,750,740 +0.4%
Net Income $-237,936 $-404,487 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
18
Volunteers
11

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
$309,310
Total Directors
10
$1,070
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENISE MILLER EXECUTIVE DI 40.00
Officer
$309,310 $0 $309,310
JOSH CUNNINGHAM DIRECTOR 1.00
Director
$1,070 $0 $1,070
JEDREK LAMB PRESIDENT 2.00
Officer Director
$0 $0 $0
RALPH VIGIL VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CONTESSA ARCHULETA SECRETARY 1.00
Officer Director
$0 $0 $0
L TODD TAYLOR TREASURER 1.00
Officer Director
$0 $0 $0
CARRIE THEILEN DIRECTOR 1.00
Director
$0 $0 $0
CINDY TALAMANTES DIRECTOR 1.00
Director
$0 $0 $0
LINDA MARIO ROSALES DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
BRYCE TOWNSEND DIRECTOR 1.00
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 No data No data No data No data
2023 $3,686,037 $3,923,973 $1,515,429 $-237,936
2022 $2,346,253 $2,750,740 $1,606,159 $-404,487
2021 $3,612,494 $2,573,343 $1,977,340 $1,039,151
2020 $2,475,672 $2,181,604 $852,949 $294,068
2019 $1,190,732 $1,220,510 $540,091 $-29,778
2018 $1,075,244 $1,050,102 $571,483 $25,142
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