New Mexico Health Connections
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 20,427 | 15,836,950 | −15,816,523 | -13.9 | 19% |
| 2014 | 29,980,538 | 32,948,136 | −2,967,598 | 8.4 | 14% |
| 2015 | 96,698,663 | 119,699,199 | −23,000,536 | 3.1 | 5% |
| 2016 | 153,823,815 | 171,705,518 | −17,881,703 | 0.8 | 4% |
| 2017 | 161,972,957 | 172,879,887 | −10,906,930 | 0.2 | 3% |
| 2018 | 47,672,372 | 41,541,966 | 6,130,406 | 0.0 | 1% |
| 2019 | 21,273,972 | 18,046,826 | 3,227,146 | 2.1 | 4% |
| 2020 | 83,502,546 | 93,837,826 | −10,335,280 | -0.9 | 1% |
| 2021 | 102,934 | 1,750,334 | −1,647,400 | -204.8 | 0% |
| 2022 | 2,459,980 | 729,085 | 1,730,895 | -466.0 | 0% |
| 2023 | 1,031,766 | 4,442,493 | −3,410,727 | -42.1 | 0% |
In its most recent public year (2023), this organization spent $3,410,727 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.1 months), down from -13.9 in 2013. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works