New Mexico Health Connections
Farmington, Connecticut
CHealth Score
39C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$1.0M
Total Revenue
📊
$4.4M
Total Expenses
🏦
-$15.6M
Net Assets
📋
$31.7M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-58.1%
Year-over-year change (2022 → 2023)
Net Margin
-330.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-3.51
Net assets divided by total expenses
Liabilities-to-Assets
197.0%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,031,766↓58% | $4,442,493↑509% | $16,067,999↓8% | — |
| 2022 | $2,459,980↑2290% | $729,085↓58% | $17,415,397↑48% | — |
| 2021 | $102,934↓100% | $1,750,334↓98% | $11,791,399↓60% | — |
| 2020 | $83,502,546↑293% | $93,837,826↑420% | $29,308,594↑40% | — |
| 2019 | $21,273,972↓55% | $18,046,826↓57% | $20,889,430↓54% | — |
| 2018 | $47,672,372↓71% | $41,541,966↓76% | $45,026,020↑22% | — |
| 2017 | $161,972,957↑5% | $172,879,887↑1% | $36,907,661 | — |
| 2016 | $153,823,815↑59% | $171,705,518↑43% | $36,849,954↓40% | — |
| 2015 | $96,698,663↑223% | $119,699,199↑263% | $61,014,683↑5% | — |
| 2014 | $29,980,538↑146669% | $32,948,136↑108% | $58,072,037↑21% | — |
| 2013 | $20,427 | $15,836,950 | $47,931,282 | — |
Frequently Asked Questions
What does New Mexico Health Connections do?▼
New Mexico Health Connections is a mutual & membership benefit nonprofit organization based in Connecticut. It is classified under NTEE code Y20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Mexico Health Connections financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Mexico Health Connections.
How much revenue does New Mexico Health Connections generate?▼
New Mexico Health Connections reports $723K in annual revenue and holds $16.1M in total assets, based on IRS filings.
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