2024-09-23T12:11:37-04:00 2023-12-31 203746583 TAYLOR ROTH AND COMPANY 800 GRANT ST STE 205 DENVER CO 802032944 990 2023-01-01 311611995 THINK NEW MEXICO THIN 5059921315 505 DON GASPAR AVE SANTA FE NM 87505 FRED NATHAN JR SECRETARY/EXEC DIR 5059921315 2024-09-20 true false SHANNON L GILLILAND P02243875 3038308109 2024-09-23 2023 2024-08-08 14:25:15Z ROBERTA COOPER RAMO 505 DON GASPAR AVE SANTA FE NM 87505 2587864 false X WWW.THINKNEWMEXICO.ORG X 1998 NM EDUCATION AND PUBLIC POLICY RESEARCH 12 11 10 11 -44313 1156366 1579652 0 -36654 75841 483 -30640 1120195 1624853 0 0 536843 606653 0 91945 201371 227831 738214 834484 381981 790369 3749700 6611980 74761 1798293 3674939 4813687 X EDUCATION AND PUBLIC POLICY RESEARCH false false 687305 IN 2023, THINK NEW MEXICO CONTINUED OUR ONGOING EFFORT TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICO'S PUBLIC SCHOOLS. THINK NEW MEXICO LAUNCHED THIS INITIATIVE IN 2022 WITH THE PUBLICATION OF 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. 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, 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. DURING THE 2024 LEGISLATIVE SESSION, THINK NEW MEXICO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION ENHANCING THE TRAINING AND TRANSPARENCY REQUIREMENTS FOR LOCAL SCHOOL BOARD MEMBERS. THIS LAW WILL ENSURE THAT EVERY SCHOOL BOARD MEMBER RECEIVES TRAINING IN ESSENTIAL TOPICS LIKE HOW BOARD MEMBERS CAN IMPROVE STUDENT OUTCOMES; PUBLIC SCHOOL BUDGETING AND FINANCE; AND EFFECTIVE PRACTICES FOR SUPPORTING AND SUPERVISING THE LOCAL SUPERINTENDENT. THE NEW LAW ALSO BRINGS NEW MEXICO IN LINE WITH THE 44 STATES THAT REQUIRE ALL SCHOOL BOARD CANDIDATES TO DISCLOSE THEIR DONORS, AND WILL ENSURE THAT SCHOOL BOARD AND CHARTER SCHOOL BOARD MEETINGS BE WEBCAST AND THE RECORDINGS AND MINUTES POSTED ONLINE. FINALLY, IN 2023 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 2023, THE INTERNSHIP PROGRAM SERVED SIX STUDENTS FROM ACROSS NEW MEXICO, TRAINING THEM HOW TO DEVELOP AND ENACT SOUND PUBLIC POLICY AND INTRODUCING THEM TO KEY POLICYMAKERS AND OPINION LEADERS. 687305 true true false true false false false false false true true false false false true true false true false false false false false false false false false false false true false false false false false false false false true false false false true false false false false true 14 0 true 10 true true true false false false false false false false false false false false X 12 11 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 FRED NATHAN JR SECRETARY/EX 50.00 X X 144343 0 50836 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 PHELPS ANDERSON DIRECTOR 1.00 X 0 0 0 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 KRISTINA FISHER ASSOCIATE DI 50.00 X 118728 0 23275 263071 74111 2 false true false 1579652 29747 1579652 82072 82072 90765 123011 -32246 -32246 -44313 12067 833769 840000 -6231 -6231 -6231 OTHER REVENUE 541900 1606 1606 1606 1624853 1606 -44313 87908 195179 167855 13661 13663 321972 274003 17658 30311 21446 18091 1150 2205 32519 27307 1618 3594 35537 30206 2133 3198 11757 11757 6117 5811 306 6946 3820 3126 94797 75571 1917 17309 10717 4438 211 6068 78231 66496 4694 7041 7270 3681 15 3574 1045 888 63 94 3699 3144 222 333 EDUCATIONAL OUTREACH 4600 3680 920 MISCELLANEOUS EXPENSES 2251 1913 135 203 INTERNSHIP PROGRAM 401 401 834484 687305 55234 91945 X 98 87339 365402 1181948 40464 48866 1329 2676419 41329 841669 2635090 2282643 2537598 170558 168676 3749700 6611980 18986 14988 1753629 55775 29676 74761 1798293 X 3464671 4417922 210268 395765 3674939 4813687 3749700 6611980 X 790369 269903 82313 -2000 -1837 X false true X true false X 703530 730079 1104665 1156366 1579652 5274292 703530 730079 1104665 1156366 1579652 5274292 62356 5211936 43668 35281 47393 52619 112865 291826 5566118 2383 0.93640 0.93530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8099 38165 46264 788220 834484 150173 37543 117360 121948 135732 150173 525213 787820 18434 38089 20074 46264 122861 29340 30487 33933 37543 131303 196955 3464 7585 3724 8099 22872 232633 150000 22010 -123878 280765 282086 600 -38596 -11457 232633 265251 250 25461 -8876 282086 224222 250 20687 -4908 240251 104462 17068 -5447 -1147 114936 0.99150 0.00850 false false 671215 671215 1993679 32125 1961554 11525 9204 2321 2635090 OPERATING LEASE LIABILITY 18676 DEPOSITS HELD FOR OTHERS 11000 29676 X 2102648 269903 88718 121174 479795 1622853 2000 2000 1624853 963900 6405 123011 129416 834484 834484 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 THINK NEW MEXICO IS A NONPROFIT ORGANIZATION AND QUALIFIES AS A TAX- EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION HAS A 501(H) ELECTION WHICH PERMITS THE ORGANIZATION TO CALCULATE THE SPECIFIC AMOUNT THAT MAY BE SPENT TO INFLUENCE LEGISLATION. THINK NEW MEXICO REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX- EXEMPT STATUS. IF THINK NEW MEXICO'S ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF ITS TAX-EXEMPT STATUS, THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. DURING THE YEAR ENDED DECEMBER 31, 2023, THINK NEW MEXICO ENGAGED IN DEBT-FINANCED RENTAL ACTIVITIES THAT ARE CONSIDERED UNRELATED BUSINESS INCOME, AND ACCORDINGLY, THE ORGANIZATION FILES FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, TO ACCOUNT FOR THIS ACTIVITY. THE TAX LIABILITY, IF ANY, IS EXPECTED TO BE IMMATERIAL, AND NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THINK NEW MEXICO'S CONSOLIDATED FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST -1,837 LESS RENTAL EXPENSE HEADQUARTERS 104,285 LESS RENTAL EXPENSE SUBLET 18,726 SCHEDULE D, PAGE 4, PART XII, LINE 2D LESS RENTAL HEADQUARTERS 104,285 LESS RENTAL SUBLET 18,726 X false false false false false false false false false FRED NATHAN JR SECRETARY/EXEC DIR 144343 13745 37091 195179 X 2 15118 FAIR VALUE X SUPPLIES 11 14629 FAIR VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B THE ORGANIZATION USES A THIRD PARTY TO PROCESS/SELL VEHICLE DONATIONS. 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 2023, THINK NEW MEXICO CONTINUED OUR ONGOING EFFORT TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICO'S PUBLIC SCHOOLS. THINK NEW MEXICO LAUNCHED THIS INITIATIVE IN 2022 WITH THE PUBLICATION OF 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. 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, 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. DURING THE 2024 LEGISLATIVE SESSION, THINK NEW MEXICO SUCCESSFULLY CHAMPIONED THE ENACTMENT OF LEGISLATION ENHANCING THE TRAINING AND TRANSPARENCY REQUIREMENTS FOR LOCAL SCHOOL BOARD MEMBERS. THIS LAW WILL ENSURE THAT EVERY SCHOOL BOARD MEMBER RECEIVES TRAINING IN ESSENTIAL TOPICS LIKE HOW BOARD MEMBERS CAN IMPROVE STUDENT OUTCOMES; PUBLIC SCHOOL BUDGETING AND FINANCE; AND EFFECTIVE PRACTICES FOR SUPPORTING AND SUPERVISING THE LOCAL SUPERINTENDENT. THE NEW LAW ALSO BRINGS NEW MEXICO IN LINE WITH THE 44 STATES THAT REQUIRE ALL SCHOOL BOARD CANDIDATES TO DISCLOSE THEIR DONORS, AND WILL ENSURE THAT SCHOOL BOARD AND CHARTER SCHOOL BOARD MEETINGS BE WEBCAST AND THE RECORDINGS AND MINUTES POSTED ONLINE. FINALLY, IN 2023 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 2023, THE INTERNSHIP PROGRAM SERVED SIX 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 -1,837 LESS RENTAL EXPENSE HEADQUARTERS 104,285 LESS RENTAL EXPENSE SUBLET 18,726 LESS RENTAL HEADQUARTERS -104,285 LESS RENTAL SUBLET -18,726 TOTAL -1,837 THINKNMRE LLC 505 DON GASPAR AVE SANTA FE NM 87505 922624142 REALESTATE NM 59972 3463731 THINK NM