NEW MEXICARE

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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

5754723417

Tax Period

2023-07-01 to 2024-06-30

NEW MEXICARE, founded in 1999, is a small nonprofit in the Health Care sector that reported $187K in total revenue in fiscal year 2023. Expenses of $168K left a modest 10% surplus.

Mission

New Mexicare Inc.s mission is to enhance the quality of life by providing health education and charitable opportunities based on a commitment to our community and to provide stability and sound financial and clinical management services and quality governance to Guadalupe County Hospital.

Program Service Accomplishments

Program 1

Expenses: $27,000 Revenue: $0

Healthcare scholarships in order to grow the local healthcare labor pool.

Program 2

Expenses: $108,000 Revenue: $0

Local community health related initiatives including medical school residency rotations high school internships English as a Second Language courses economic development efforts Little League and...

Local community health related initiatives including medical school residency rotations high school internships English as a Second Language courses economic development efforts Little League and other physical activities for local youth.

Program 3

Expenses: $32,997 Revenue: $0

Governance of local rural hospital including board stipends and training taxes and other administrative expenses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,750

Program Service Revenue $144,000

Investment Income $40,535

Other Revenue $76

TOTAL REVENUE $187,361

Expense Breakdown

Grants Paid $135,000

Salaries & Benefits $12,800

Fundraising Expenses $0

Program Expenses $167,997

Other Expenses $20,197

TOTAL EXPENSES $167,997

Year-over-Year Comparison

	2023	2022	Change
Revenue	$187,361	$174,344	+0.1%
Expenses	$167,997	$115,052	+0.5%
Net Income	$19,364	$59,292	-0.7%

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

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

$7,200

Total Directors

$10,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keith Ross	President	2.00	Officer Director	$2,400	$0	$2,400
Peter Tormos	Board Member	2.00	Director	$2,400	$0	$2,400
Yolanda Tenorio	Secretary Treasurer	2.00	Officer Director	$2,400	$0	$2,400
Yvette Griego	Board Member	2.00	Director	$2,400	$0	$2,400
Erasmo Bravo	Vice President	2.00	Officer	$2,400	$0	$2,400
Christina Campos	Administrator	2.00	Key Emp	$0	$0	$0
Emiel Ross	Board Member - Ex Officio	2.00	Director	$400	$0	$400
Mark Gallegos	Board Member - Ex Officio	2.00	Director	$400	$0	$400

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	$187,361	$167,997	$711,519	$19,364
2023	$174,344	$115,052	$691,091	$59,292
2022	$95,667	$110,659	$629,638	$-14,992
2021	$209,327	$84,390	$645,592	$124,937