New Mexico Center for Nursing Excellence (EIN 850463326) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Phone

5055655811

Tax Period

2024-01-01 to 2024-12-31

New Mexico Center for Nursing Excellence, founded in 1999, is a small nonprofit in the Health Care sector that reported $341K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $331K left a modest 3% surplus.

Mission

The mission of NMCNE is to advance and engage the nursing community to promote excellence and improve the health of all New Mexicans.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $207,456

Program Service Revenue $39,800

Investment Income $3,823

Other Revenue $89,970

TOTAL REVENUE $341,049

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $29,446

Program Expenses $236,082

Other Expenses $154,996

TOTAL EXPENSES $330,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,049	$437,325	-0.2%
Expenses	$330,652	$416,827	-0.2%
Net Income	$10,397	$20,498	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maribeth Thornton	Director	0.25	Director	$0	$0	$0
Rachael Frija	Director	0.25	Director	$0	$0	$0
Byron Tillman	Director	0.25	Director	$0	$0	$0
Terri Tewart	Director	0.25	Director	$0	$0	$0
Dominic Rodriguez	Director	0.25	Director	$0	$0	$0
Cynthia Hardy	Director	0.25	Director	$0	$0	$0
Diane L Cassell	Director	0.25	Director	$0	$0	$0
Jacqueline Valdez	Director	0.25	Director	$0	$0	$0
Stephanie Vigil	Director	0.25	Director	$0	$0	$0
Robert Middleton	President	1.00	Officer	$0	$0	$0
Kimberly Petrovic	President Elect	1.00	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
2024	$341,049	$330,652	$165,800	$10,397
2023	$437,325	$416,827	$244,719	$20,498
2022	$351,111	$360,730	$177,279	$-9,619
2021	$186,439	$198,637	$187,895	$-12,198
2020	$208,801	$195,845	$182,357	$12,956
2019	$117,948	$196,751	$181,165	$-78,803

New Mexico Center for Nursing Excellence