SANTA FE BUSINESS INCUBATOR

🔒

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

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

DANA CATRON

Phone

5054241140

Tax Period

2024-07-01 to 2025-06-30

SANTA FE BUSINESS INCUBATOR, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $788K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROMOTE A DIVERSE AND BALANCED ECONOMY BY DEVELOPING EMERGING BUSINESSES IN AN EFFORT TO PROVIDE FUTURE INCOME OPPORTUNITIES FOR SANTA FEANS.

Program Service Accomplishments

Program 1

Expenses: $800,300

THE ORGANIZATION HELPS ACCELERATE THE GROWTH OF EARLY STAGE STARTUP COMPANIES THROUGH COACHING, ADVISORY COUNCILS, ONE-ON-ONE AND GROUP ENGAGEMENT, SEMINARS, WORKSHOPS, AND COMMUNITY BUILDING...

THE ORGANIZATION HELPS ACCELERATE THE GROWTH OF EARLY STAGE STARTUP COMPANIES THROUGH COACHING, ADVISORY COUNCILS, ONE-ON-ONE AND GROUP ENGAGEMENT, SEMINARS, WORKSHOPS, AND COMMUNITY BUILDING. RESIDENT CLIENTS LEASE SPACE AT SFBI AND ARE ENTITLED TO 24/7 ACCESS TO A PROFESSIONAL PUBLIC-FACING FACILITY PROVIDING FLEXIBLE OFFICES, LABS, MANUFACTURING, MEETING AND TRAINING SPACES. SHARED RESOURCES INCLUDE HIGH- SPEED INTERNET, REFERENCE LIBRARY, EQUIPMENT, SUPPLIES, AND PARKING. AFFILIATE CLIENTS WHO DO NOT OCCUPY A PHYSICAL SPACE IN SFBI'S CAMPUS HAVE ACCESS TO ALL PROGRAMMING WITH LIMITED USE OF THE FACILITY.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $422,879

Program Service Revenue $363,441

Investment Income $1,597

Other Revenue $0

TOTAL REVENUE $787,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $382,425

Fundraising Expenses $32,217

Program Expenses $800,300

Other Expenses $632,139

TOTAL EXPENSES $1,014,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$787,917	$896,166	-0.1%
Expenses	$1,014,564	$1,028,470	0.0%
Net Income	$-226,647	$-132,304	+0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$146,031

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT &	40.00	Officer	$141,056	$4,975	$146,031
KENT FUKA	CHAIR	2.00	Officer Director	$0	$0	$0
DONNA M SMITH	TREASURER	2.00	Officer Director	$0	$0	$0
AMANDA COLA	DIRECTOR	1.00	Director	$0	$0	$0
ESTEVAN GONZALES	DIRECTOR	1.00	Director	$0	$0	$0
IAN BROWNLOW	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS DUNO	DIRECTOR	1.00	Director	$0	$0	$0
ERIC BALDONADO	DIRECTOR	1.00	Director	$0	$0	$0
DON WIVIOTT	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
2025	$787,917	$1,014,564	$3,438,723	$-226,647
2024	No data	No data	No data	No data
2023	$783,066	$956,953	$3,815,951	$-173,887
2022	$835,898	$808,844	$3,986,105	$27,054
2021	$930,320	$805,624	$4,064,272	$124,696
2020	$692,554	$823,288	$3,888,092	$-130,734
2019	$646,919	$849,695	$3,966,647	$-202,776
2018	$735,971	$821,967	$4,158,979	$-85,996