FAMILY PROMISE OF ALBUQUERQUE INC (EIN 850472315) - Form 990 Financial Analysis & Trantor Score

🔒

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

2000

Legal Domicile

Principal Officer

MARTIN ALIRES

Phone

5052680331

Tax Period

2023-07-01 to 2024-06-30

FAMILY PROMISE OF ALBUQUERQUE INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $292K in total revenue in fiscal year 2023. Expenses of $362K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE SHELTER, MEALS, COMPASSIONATE ASSISTANCE AND PROFESSIONAL CASE MANAGEMENT TO HOMELESS CHILDREN AND THEIR FAMILIES, WITH A GOAL OF SUSTAINABLE HOUSING, THIS PROGRAM BRINGS TOGETHER 19 DIVERSE CONGREGATIONS IN ALBUQUERQUE, TO HELP FAMILIES REGAIN THEIR HOUSING, THEIR INDEPENDENCE AND THEIR DIGNITY. CONGREGATIONS PROVIDE ABOUT 230 VOLUNTEER HOURS PER WEEK. NO PROSELYTIZING IS ALLOWED.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $264,978

Program Service Revenue $0

Investment Income $0

Other Revenue $27,182

TOTAL REVENUE $292,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,446

Fundraising Expenses $204

Program Expenses $272,627

Other Expenses $167,934

TOTAL EXPENSES $362,380

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,160	$284,473	+0.0%
Expenses	$362,380	$373,987	0.0%
Net Income	$-70,220	$-89,514	-0.2%

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

575

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

$59,702

Total Directors

$59,702

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE LEPPALA	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHEL HARLAN	BOARD CHAIR/DIRECTOR	6.00	Officer Director	$0	$0	$0
MARTIN ALIRES	TREASURER/DIRECTOR	6.00	Officer Director	$0	$0	$0
PATRICIA BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
ESTER GRIEGO	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY BETH NELSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ALEXANDRIA PAISANO	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE L TAYLOR	PROGRAM MANAGER	2.00	Director	$0	$0	$0
LAURA COMBS	PROGRAM DIRECTOR	40.00	Officer Director	$59,702	$0	$59,702

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	$292,160	$362,380	$689,638	$-70,220
2023	$284,473	$373,987	$755,077	$-89,514
2022	$410,153	$330,926	$844,546	$79,227
2021	$420,358	$342,327	$765,319	$78,031
2020	$290,115	$278,558	$137,288	$11,557
2019	$324,232	$329,779	$125,814	$-5,547

FAMILY PROMISE OF ALBUQUERQUE INC