Y — Mutual & Membership BenefitEIN: 451294709· Ruling Year: 2012

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

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-3.51×
Peer Median29.60×
💰
$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
YearRevenueExpensesAssets
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 $4.2M in annual revenue and holds $20.3M in total assets, based on IRS filings.

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New Mexico Health Connections — Farmington, CT | GiveScope