Fairness for New Mexico Patients

EIN: 853493824 Health Care

Albuquerque, NM

Total Revenue
$334,000
Total Expenses
$279,923
Total Assets
$272,665
Net Assets
$272,665
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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
2020
Legal Domicile
NM
Tax Period
2023-01-01 to 2023-12-31

Fairness for New Mexico Patients, founded in 2020, is a small nonprofit in the Health Care sector that reported $334K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $54K, a strong 16% operating margin.

Mission

Medical malpractice advocating.

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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 (2023)

Revenue Breakdown

Contributions & Grants $334,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $334,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $265,412
Other Expenses $90,964
TOTAL EXPENSES $279,923

Year-over-Year Comparison

2023 2022 Change
Revenue $334,000 $299,250 +0.1%
Expenses $279,923 $83,966 +2.3%
Net Income $54,077 $215,284 -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

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Governance

Voting Members
3
Independent Members
3
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher P Sanchez Secretary 2.00
Officer
$0 $0 $0
Jon Lipshutz Executive Director 0.00
Officer
$0 $0 $0
Kelly Smyer President 2.00
Officer
$0 $0 $0
Matthew Nickerson Treasurer 4.00
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 No data No data No data No data
2023 $334,000 $279,923 $272,665 $54,077
2022 $299,250 $83,966 $218,588 $215,284
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