GOLDEN SPREAD RURAL FRONTIER COALITION

EIN: 850450733 501(c)(3) Education

CLAYTON, NM

Total Revenue
$1,264,052
Total Expenses
$1,323,058
Total Assets
$2,285,643
Net Assets
$1,862,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NM
Principal Officer
FERDINAND GARCIA
Phone
5753746207
Tax Period
2024-01-01 to 2024-12-31

GOLDEN SPREAD RURAL FRONTIER COALITION, founded in 1998, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

GOLDEN SPREAD RURAL FRONTIER COALITION (ORGANIZATION) WAS INCORPORATED UNDER THE LAWS OF THE STATE OF NEW MEXICO TO PROVIDE PLANNING, ADMINISTRATIVE SERVICES AND FINANCING TO SUPPORT NON-PROFIT BUSINESSES AND ECONOMIC GROWTH INITIATIVES, WHICH CAN RESPOND TO HUMAN SERVICE NEEDS THAT THE BOARD OF DIRECTORS DETERMINES IS APPROPRIATE, IN THE AREA OF COMMUNITY AND ECONOMIC DEVELOPMENT, HEALTH, EMPLOYMENT AND HOUSING OPPORTUNITIES AND DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MEDIUM INCOME PEOPLE. GOLDEN SPREAD RURAL FRONTIER COALITION OPERATES UNDER A BOARD OF DIRECTORS.

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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 $341,902
Program Service Revenue $744,056
Investment Income $759
Other Revenue $177,335
TOTAL REVENUE $1,264,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $799,102
Fundraising Expenses $0
Program Expenses $1,184,027
Other Expenses $523,956
TOTAL EXPENSES $1,323,058

Year-over-Year Comparison

2024 2023 Change
Revenue $1,264,052 $1,194,405 +0.1%
Expenses $1,323,058 $1,311,226 +0.0%
Net Income $-59,006 $-116,821 -0.5%
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
47
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
0
$0
Total Directors
7
$68,792
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FERDINAND GARCIA CHAIRMAN 50.00
Director
$0 $0 $43,000
BILL BIRDWELL MEMBER 3.00
Director
$0 $0 $0
BARBARA FRENCH TREASURER 10.00
Director
$0 $0 $25,792
ROSE RAMIREZ SECRETARY 3.00
Director
$0 $0 $0
CRAIG REEVES MEMBER 3.00
Director
$0 $0 $0
BRUCE SCOTT VICE CHAIRMAN 3.00
Director
$0 $0 $0
HILARIO PEREZ MEMBER 3.00
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 $1,264,052 $1,323,058 $2,285,643 $-59,006
2023 $1,194,405 $1,311,226 $4,042,682 $-116,821
2022 $1,168,418 $1,239,973 $4,220,755 $-71,555
2021 $1,167,227 $1,044,308 $4,272,806 $122,919
2020 $761,127 $769,563 $228,357 $-8,436
2019 $853,898 $916,772 $1,658,527 $-62,874
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