Osteoporosis Foundation of New Mex… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

E MICHAEL LEWIECKI

Phone

5058573956

Tax Period

2023-01-01 to 2023-12-31

Osteoporosis Foundation of New Mexico, founded in 2000, is a small nonprofit in the Diseases & Disorders sector that reported $493K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $191K, a strong 39% operating margin.

Mission

To educate healthcare providers and the public, to increase awareness, and to support research on osteoporosis and metabolic bone disease.

Program Service Accomplishments

Program 1

Expenses: $254,829 Revenue: $198,051

Santa Fe Bone Symposium - The Santa Fe Bone Symposium, established in 2000, is an annual forum devoted to advances in the science and economics of osteoporosis, other metabolic bone diseases, and...

Santa Fe Bone Symposium - The Santa Fe Bone Symposium, established in 2000, is an annual forum devoted to advances in the science and economics of osteoporosis, other metabolic bone diseases, and assessment of skeletal health. This meeting is for healthcare providers, scientists, and researchers with a special interest in bone disease, and for bone densitometry technologists who seek a high level of knowledge in their field. The 2023 Santa Fe Bone Symposium was hybrid, with 266 in-person attendees and 194 virtual attendees attending remotely in real-time. Enduring material included proceedings published in a peer-reviewed medical journal, with online archived videos for CME, and audio recordings.

Program 2

Expenses: $10,354

Bone Health ECHO (Extension for Community Healthcare Outcomes), established in 2015, is the prototype for technology-enabled collaborative learning for healthcare professionals with and interest in osteoporosis and metabolic bone diseases. It was developed by Project ECHO (http://echo.unm.edu/) at the University of New Mexico Health Sciences Center in collaboration with the Osteoporosis Foundation of New Mexico (http://www.ofnm.org). This consists of weekly 1.5 hour virtual interactive case-based videoconferences every Tuesday from 12:00 Noon to 1:30 PM Mountain Time. The sessions can be attended from any location with Internet access through computer video connections, with an option to join by telephone if desired.

Program 3

Expenses: $8,404

Western Osteoporosis Alliance (WOA) The Osteoporosis Foundation of New Mexico received a grant for the WOA to develop a publication about anabolic treatment for osteoporosis. This publication is in its final stages.Rare bone disease TeleECHO The Foundation has been awarded two grants from two different companies to support the rare bone disease TeleECHO.

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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 $247,835

Program Service Revenue $198,147

Investment Income $43,609

Other Revenue $3,015

TOTAL REVENUE $492,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $285,639

Other Expenses $302,050

TOTAL EXPENSES $302,050

Year-over-Year Comparison

	2023	2022	Change
Revenue	$492,606	$303,525	+0.6%
Expenses	$302,050	$309,067	0.0%
Net Income	$190,556	$-5,542	-35.4%

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
E Michael Lewiecki MD	President	10.00	Officer Director	$0	$0	$0
Lance A Rudolph MD	Treasurer	0.10	Officer Director	$0	$0	$0
Yvonne Brusuelas	Director	0.10	Director	$0	$0	$0
Keith Harvie DO	Past Director	0.10	Director	$0	$0	$0
Frances Fisk MD	Director	0.10	Director	$0	$0	$0
Kathleen Blake	Director	0.10	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	No data	No data	No data	No data
2023	$492,606	$302,050	$1,066,637	$190,556
2022	$303,525	$309,067	$875,265	$-5,542
2021	$68,146	$173,096	$880,978	$-104,950
2020	$258,456	$24,027	$883,894	$234,429
2019	$295,426	$214,605	$649,465	$80,821
2018	$280,935	$236,807	$570,514	$44,128

Osteoporosis Foundation of New Mexico