2023-08-04T13:46:15-04:00 2022-12-31 203746583 TAYLOR ROTH AND COMPANY 800 GRANT ST STE 205 DENVER CO 802032944 990 2022-01-01 311611995 THINK NEW MEXICO THIN 5059921315 505 DON GASPAR AVE SANTA FE NM 87505 FRED NATHAN JR SECRETARY/EXEC DIR 5059921315 2023-08-04 true FRED NATHAN JR 999009999 false SHANNON L GILLILAND P02243875 3038308109 2023-08-04 2022 2023-04-26 12:10:37Z X ROBERTA COOPER RAMO 505 DON GASPAR AVE SANTA FE NM 87505 1570576 false X WWW.THINKNEWMEXICO.ORG X 1998 NM EDUCATION AND PUBLIC POLICY RESEARCH 11 10 10 10 0 1106665 1156366 0 61421 -36654 2623 483 1170709 1120195 0 0 500153 536843 0 72268 146165 201371 646318 738214 524391 381981 3694500 3749700 10882 74761 3683618 3674939 X EDUCATION AND PUBLIC POLICY RESEARCH false false 616468 IN 2022, THINK NEW MEXICO LAUNCHED A MAJOR NEW INITIATIVE TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICO'S PUBLIC SCHOOLS. THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, "A ROADMAP FOR RETHINKING PUBLIC EDUCATION IN NEW MEXICO," WHICH LAID OUT A SWEEPING TEN POINT PLAN WITH 30 SEPARATE LEGISLATIVE RECOMMENDATIONS TO IMPROVE THE PERFORMANCE OF NEW MEXICO'S PUBLIC SCHOOL STUDENTS. COPIES OF THE REPORT WERE DISTRIBUTED TO NEARLY 14,000 NEW MEXICANS AS PART OF OUR EXTENSIVE PUBLIC EDUCATION EFFORTS AROUND THIS ISSUE. THINK NEW MEXICO ALSO DEVELOPED LEGISLATION TO IMPLEMENT OUR PROPOSED REFORMS AND ORGANIZED A DIVERSE COALITION OF SUPPORTERS TO ADVOCATE FOR THEM DURING THE 2023 LEGISLATIVE SESSION. DURING THE 2023 SESSION, SEVERAL OF THINK NEW MEXICO'S PROPOSED EDUCATION REFORMS WERE ENACTED, INCLUDING INCREASING LEARNING TIME FOR STUDENTS BY THE EQUIVALENT OF 27 EXTRA DAYS A YEAR FOR ELEMENTARY SCHOOL STUDENTS AND 10 EXTRA DAYS FOR MIDDLE AND HIGH SCHOOL STUDENTS, AS WELL AS SECURING FUNDING FOR HIGHER PRINCIPAL SALARIES AND FOR TEACHER RESIDENCIES, PAID YEAR-LONG EXPERIENCES IN WHICH A NEW TEACHER TEACHES ALONGSIDE AN EXPERIENCED TEACHER. IN ADDITION, IN 2022 THINK NEW MEXICO SUCCESSFULLY WON PASSAGE OF LEGISLATION IMPLEMENTING THE PRIMARY POLICY REFORM PROPOSED IN OUR 2020 POLICY REPORT TITLED, "HOW PREDATORY LENDING SWALLOWED NEW MEXICO AND WHAT WE CAN DO ABOUT IT." DURING THE 2022 LEGISLATIVE SESSION, THINK NEW MEXICO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION REDUCING THE MAXIMUM ANNUAL INTEREST RATE ON SMALL LOANS FROM 175% TO 36%. BASED ON DATA FROM THE STATE REGULATION AND LICENSING DEPARTMENT, WE ESTIMATE THAT THIS REFORM IS SAVING 240,000 LOW-INCOME NEW MEXICANS APPROXIMATELY 175 MILLION A YEAR. DURING THE 2022 LEGISLATIVE SESSION, THINK NEW MEXICO ALSO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION REPEALING THE TAX ON SOCIAL SECURITY INCOME FOR ALL MIDDLE AND LOWER INCOME SENIORS (THOSE WITH INCOMES UNDER 100,000 AS INDIVIDUALS OR 150,000 AS COUPLES). THIS WILL SAVE 115,000 NEW MEXICO SENIORS ABOUT 100 MILLION A YEAR. THINK NEW MEXICO RECOMMENDED THAT THE STATE REDUCE OR REPEAL ITS TAX ON SOCIAL SECURITY IN ITS 2019 POLICY REPORT, "SOLVING THE HIDDEN CRISIS: ACHIEVING RETIREMENT SECURITY FOR ALL NEW MEXICANS." FINALLY, IN 2022 THINK NEW MEXICO CONTINUED ITS LEADERSHIP INTERNSHIP PROGRAM, WHICH AIMS TO RETAIN A NEW GENERATION OF POTENTIAL LEADERS IN NEW MEXICO BY TEACHING THEM HOW THEY CAN MAKE A DIFFERENCE IN THEIR HOME STATE. IN 2022, THE INTERNSHIP PROGRAM SERVED FIVE STUDENTS FROM ACROSS NEW MEXICO, TRAINING THEM HOW TO DEVELOP AND ENACT SOUND PUBLIC POLICY AND INTRODUCING THEM TO KEY POLICYMAKERS AND OPINION LEADERS. 616468 true true false true false false false false false true true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 4 0 true 10 true false false false false false false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true true false NM X X X SUSAN MARTIN 5059921315 505 DON GASPAR AVE SANTA FE NM 87505 CLARA APODACA DIRECTOR 1.00 X 0 0 0 PAUL BARDACKE DIRECTOR 1.00 X 0 0 0 NOTAH BEGAY III DIRECTOR 1.00 X 0 0 0 GARREY CARRUTHERS DIRECTOR 1.00 X 0 0 0 LADONNA HARRIS DIRECTOR 1.00 X 0 0 0 LIDDIE MARTINEZ DIRECTOR 1.00 X 0 0 0 JUDITH NAKAMURA DIRECTOR 1.00 X 0 0 0 ROBERTA COOPER RAMO CHAIR 1.00 X X 0 0 0 EDWARD LUJAN VICE-CHAIR 1.00 X X 0 0 0 JACQUELINE BACA TREASURER 1.00 X X 0 0 0 FRED NATHAN JR SECRETARY/EX 50.00 X X 126330 0 49699 KRISTINA FISHER ASSOCIATE DI 50.00 X 103728 0 22713 230058 72412 2 false true false 1156366 981 1156366 52619 52619 361108 350381 100000 10727 -100000 -89273 -89273 OTHER REVENUE 541900 483 483 483 1120195 483 -36654 176029 151385 12322 12322 276779 235203 15183 26393 18350 15468 970 1912 35039 29453 1772 3814 30646 26049 1839 2758 12230 12230 4343 4126 217 102923 89899 933 12091 11973 5669 303 6001 40031 34026 2402 3603 364 291 37 36 838 712 51 75 2791 2372 168 251 LAND EXPENSES 20450 17383 1226 1841 EDUCATIONAL OUTREACH 4450 3560 890 MISCELLANEOUS 709 603 42 64 INTERNSHIP PROGRAM 269 269 738214 616468 49478 72268 X 86 98 454630 365402 42500 40464 48866 849828 8159 941292 841669 2119861 2282643 136131 170558 3694500 3749700 10882 18986 55775 10882 74761 X 3423083 3464671 260535 210268 3683618 3674939 3694500 3749700 X 381981 -368812 2000 -2000 -21848 X false true X true false X 581270 703530 730079 1104665 1156366 4275910 581270 703530 730079 1104665 1156366 4275910 80894 4195016 30225 43668 35281 47393 52619 209186 4485096 777 0.93530 0.93160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3724 16350 20074 718140 738214 135732 33933 118053 117360 121948 135732 493093 739640 35510 18434 38089 20074 112107 29513 29340 30487 33933 123273 184910 6310 3464 7585 3724 21083 282086 600 -38596 -11457 232633 265251 250 25461 -8876 282086 224222 250 20687 -4908 240251 104462 17068 -5447 -1147 114936 116766 -5121 -5742 -1441 104462 0.27010 0.72990 true false 840000 840000 9828 8159 1669 841669 OPERATING LEASE LIABILITY 55775 55775 X 742682 -368812 15147 -21848 -375513 1118195 2000 2000 1120195 751361 13147 13147 738214 738214 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWED FUNDS ARE INTENDED TO PROVIDE A FUTURE SOURCE OF INCOME AND/OR FUNDS FOR EXTRAORDINARY FINANCIAL NEED OR CAPITAL IMPROVEMENT. NOTE: CURRENT YEAR PRESENTATION INCLUDES ENDOWMENT FUNDS THAT ARE MANAGED INTERNALLY AS WELL AS THOSE HELD AND MANAGED BY COMMUNITY FOUNDATIONS. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS RECEIVED INTERNAL REVENUE SERVICE EXEMPTIONS FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3), AND NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, THE ORGANIZATION HAS A 501(H) ELECTION WHICH PERMITS THE ORGANIZATION TO CALCULATE THE SPECIFIC AMOUNT THAT MAY BE SPENT TO INFLUENCE LEGISLATION. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST -21,848 X false false false false false false false false false FRED NATHAN JR SECRETARY/EXEC DIR 126330 13000 36699 176029 FORM 990, PAGE 1, PART I, LINE 6 MEMBERS OF THE BOARD OF DIRECTORS SERVE IN A VOLUNTEER CAPACITY. FORM 990, PAGE 2, PART III, LINE 4A IN 2022, THINK NEW MEXICO LAUNCHED A MAJOR NEW INITIATIVE TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICO'S PUBLIC SCHOOLS. THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, "A ROADMAP FOR RETHINKING PUBLIC EDUCATION IN NEW MEXICO," WHICH LAID OUT A SWEEPING TEN POINT PLAN WITH 30 SEPARATE LEGISLATIVE RECOMMENDATIONS TO IMPROVE THE PERFORMANCE OF NEW MEXICO'S PUBLIC SCHOOL STUDENTS. COPIES OF THE REPORT WERE DISTRIBUTED TO NEARLY 14,000 NEW MEXICANS AS PART OF OUR EXTENSIVE PUBLIC EDUCATION EFFORTS AROUND THIS ISSUE. THINK NEW MEXICO ALSO DEVELOPED LEGISLATION TO IMPLEMENT OUR PROPOSED REFORMS AND ORGANIZED A DIVERSE COALITION OF SUPPORTERS TO ADVOCATE FOR THEM DURING THE 2023 LEGISLATIVE SESSION. DURING THE 2023 SESSION, SEVERAL OF THINK NEW MEXICO'S PROPOSED EDUCATION REFORMS WERE ENACTED, INCLUDING INCREASING LEARNING TIME FOR STUDENTS BY THE EQUIVALENT OF 27 EXTRA DAYS A YEAR FOR ELEMENTARY SCHOOL STUDENTS AND 10 EXTRA DAYS FOR MIDDLE AND HIGH SCHOOL STUDENTS, AS WELL AS SECURING FUNDING FOR HIGHER PRINCIPAL SALARIES AND FOR TEACHER RESIDENCIES, PAID YEAR-LONG EXPERIENCES IN WHICH A NEW TEACHER TEACHES ALONGSIDE AN EXPERIENCED TEACHER. IN ADDITION, IN 2022 THINK NEW MEXICO SUCCESSFULLY WON PASSAGE OF LEGISLATION IMPLEMENTING THE PRIMARY POLICY REFORM PROPOSED IN OUR 2020 POLICY REPORT TITLED, "HOW PREDATORY LENDING SWALLOWED NEW MEXICO AND WHAT WE CAN DO ABOUT IT." DURING THE 2022 LEGISLATIVE SESSION, THINK NEW MEXICO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION REDUCING THE MAXIMUM ANNUAL INTEREST RATE ON SMALL LOANS FROM 175% TO 36%. BASED ON DATA FROM THE STATE REGULATION AND LICENSING DEPARTMENT, WE ESTIMATE THAT THIS REFORM IS SAVING 240,000 LOW-INCOME NEW MEXICANS APPROXIMATELY 175 MILLION A YEAR. DURING THE 2022 LEGISLATIVE SESSION, THINK NEW MEXICO ALSO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION REPEALING THE TAX ON SOCIAL SECURITY INCOME FOR ALL MIDDLE AND LOWER INCOME SENIORS (THOSE WITH INCOMES UNDER 100,000 AS INDIVIDUALS OR 150,000 AS COUPLES). THIS WILL SAVE 115,000 NEW MEXICO SENIORS ABOUT 100 MILLION A YEAR. THINK NEW MEXICO RECOMMENDED THAT THE STATE REDUCE OR REPEAL ITS TAX ON SOCIAL SECURITY IN ITS 2019 POLICY REPORT, "SOLVING THE HIDDEN CRISIS: ACHIEVING RETIREMENT SECURITY FOR ALL NEW MEXICANS." FINALLY, IN 2022 THINK NEW MEXICO CONTINUED ITS LEADERSHIP INTERNSHIP PROGRAM, WHICH AIMS TO RETAIN A NEW GENERATION OF POTENTIAL LEADERS IN NEW MEXICO BY TEACHING THEM HOW THEY CAN MAKE A DIFFERENCE IN THEIR HOME STATE. IN 2022, THE INTERNSHIP PROGRAM SERVED FIVE STUDENTS FROM ACROSS NEW MEXICO, TRAINING THEM HOW TO DEVELOP AND ENACT SOUND PUBLIC POLICY AND INTRODUCING THEM TO KEY POLICYMAKERS AND OPINION LEADERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS DISTRIBUTED TO AND REVIEWED IN DETAIL BY THE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD IS ENCOURAGED TO DISCUSS NOTEABLE ITEMS AND DISCLOSURES BEFORE FINAL BOARD APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, AND EMPLOYEES ARE AWARE OF THE CONFLICT OF INTEREST POLICY, AND ANY POTENTIAL CONFLICTS ARE DISCLOSED TO THE APPROPRIATE LEVEL OF MANAGEMENT FOR RESOLUTION. CONFLICT OF INTEREST DISCLOSURES ARE COMPLETED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD EVALUATES THE EXECUTIVE DIRECTOR'S PERFORMANCE AND SETS COMPENSATION AS PART OF THE BUDGET APPROVAL PROCESS. IN MAKING THE DECISION, COMPARABILITY DATA ARE CONSIDERED. PROCESS RESULTS ARE CONTEMPORANEOUSLY DOCUMENTED IN BOARD OR COMMITTEE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR EVALUATES EMPLOYEE PERFORMANCE AND SETS COMPENSATION AS PART OF THE BUDGET PROCESS. THE BOARD REVIEWS AND APPROVES THE ANNUAL BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED TO THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTEREST -21,848