Mosaica Incorporated

Nonprofit profile at a glance

EIN
922782014
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Santa Fe, NM, USA
Phone
5054281502
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Vocational, Technical Schools

Reported finances

Revenue
$1,204,468
Expenses
$274,354
Assets
$978,064
Liabilities
$47,969

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • REBECCA ROWLEY (PRESIDENT)
  • LILLIAN MONTOYA (VICE PRESIDENT)

Highest reported compensation

  • REBECCA ROWLEY (PRESIDENT): $296,300 total reported compensation
  • NICK TELLES (TREASURER): $204,290 total reported compensation
  • KRIS SWEDIN (SECRETARY): $135,186 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of mosaica is to accelerate student success and engagement, entrepreneurship, and community economic development by providing innovative programs and strategic partnerships. Our vision is to position santa fe as a leader in sustainable technology, workforce development, economic development, and creative industry leadership while supporting local talent and businesses.

What it reported doing in 2024

Mosaica, inc. Is a non-profit created by santa fe community college under the New Mexico university research park act. From july 2024 through june 2025, 425 New Mexico residents participated in workforce training programs driven by the catalytic role of mosaica, inc., which accelerates innovation, industry partnerships, and rapid program development. Through mosaica, sfcc delivered high-impact training across advanced manufacturing, broadband, clean energy, digital skills, and creative industries, including 3d printing, fiber optics, electric vehicles, and film production.mosaica also created and delivered a state-wide suicide prevention program funded by the New Mexico legislature. The abc suicide prevention training ask, be present, connect, has been used to train and certify 60 trainers and more than 800 individual new mexicans. Suicide rates are high within the industry sectors we serve and this program paired with our workforce training helps our students.mosaica, inc. Has transformed public and private investments into scalable workforce outcomes, strengthening both individual student career pathways and the regional economy, helping sfcc fulfill its mission of meeting economic and workforce needs of the community by quickly and flexibly providing essential training, especially in emerging technologies.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 65
  • Accountability: 33
  • Sustainability: 75
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.2%; rating input score 21
  • Program expense ratio: 92.9%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 25%; rating input score 25; 10th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 77.2%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 3.56; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 49.4%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 21.2% of revenue deployed · 92.9% of spending went to programs
  • Governance: 1 of 4 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $255K in reported program spending
  • Leadership: top reported pay $296K · 4 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Independent voting board scored 25/100.
  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.