THINK NEW MEXICO

EIN: 311611995 501(c)(3) Human Services

SANTA FE, NM

Total Revenue
$2,448,307
Total Expenses
$1,059,501
Total Assets
$7,479,051
Net Assets
$6,386,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NM
Principal Officer
ROBERTA COOPER RAMO
Phone
5059921315
Tax Period
2024-01-01 to 2024-12-31

THINK NEW MEXICO, founded in 1998, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 57% operating margin.

Mission

EDUCATION AND PUBLIC POLICY RESEARCH

Program Service Accomplishments

Program 1
Expenses: $900,272

IN 2024, THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, SOLVING NEW MEXICOS HEALTH CARE WORKER SHORTAGE, WHICH LAID OUT A 10-POINT PLAN WITH 20 SEPARATE LEGISLATIVE...

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IN 2024, THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, SOLVING NEW MEXICOS HEALTH CARE WORKER SHORTAGE, WHICH LAID OUT A 10-POINT PLAN WITH 20 SEPARATE LEGISLATIVE RECOMMENDATIONS TO ADDRESS THE URGENT CRISIS OF NEW MEXICOS HEALTH CARE WORKER SHORTAGE. COPIES OF THE REPORT WERE DISTRIBUTED TO MORE THAN 20,000 NEW MEXICANS AS PART OF OUR EXTENSIVE PUBLIC EDUCATION EFFORTS AROUND THIS ISSUE. THINK NEW MEXICO DEVELOPED LEGISLATION TO IMPLEMENT FOUR OF OUR PROPOSED REFORMS AND ORGANIZED A DIVERSE COALITION OF SUPPORTERS TO ADVOCATE FOR THEM DURING THE 2025 LEGISLATIVE SESSION. DURING THE 2025 SESSION, WE SUCCESSFULLY CHAMPIONED THE ENACTMENT OF A NEW PERMANENT TRUST FUND FOR MEDICAID, WITH 511 MILLION IN FUNDING OVER THE NEXT THREE YEARS AND A GOAL OF 2 BILLION. WHEN IT REACHES THAT 2 BILLION TARGET, THE FUND WILL GENERATE 100 MILLION IN STATE FUNDING FOR MEDICAID ANNUALLY. WITH A 3:1 FEDERAL MATCH, THAT WILL MAKE 400 MILLION AVAILABLE TO INCREASE REIMBURSEMENT RATES FOR HEALTH CARE PROVIDERS. IN ADDITION, DURING 2024, THINK NEW MEXICO CONTINUED OUR ONGOING EFFORT TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICOS PUBLIC SCHOOLS. THINK NEW MEXICO ENGAGED IN EXTENSIVE PUBLIC EDUCATION EFFORTS ABOUT OUR REFORMS. IN 2024, WE WON PASSAGE OF LEGISLATION ENHANCING THE TRAINING AND TRANSPARENCY REQUIREMENTS FOR LOCAL SCHOOL BOARD MEMBERS, AND IN 2025, WE HELPED PASS LEGISLATION TO IMPROVE TRAINING FOR SCHOOL PRINCIPALS AND TO ENSURE THAT TEACHERS LEARN THE BEST PRACTICES FOR TEACHING STUDENTS HOW TO READ. FINALLY, IN 2024, 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 2024, 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,340,756
Program Service Revenue $0
Investment Income $128,583
Other Revenue $-21,032
TOTAL REVENUE $2,448,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $769,954
Fundraising Expenses $96,839
Program Expenses $900,272
Other Expenses $289,547
TOTAL EXPENSES $1,059,501

Year-over-Year Comparison

2024 2023 Change
Revenue $2,448,307 $1,624,853 +0.5%
Expenses $1,059,501 $834,484 +0.3%
Net Income $1,388,806 $790,369 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
11
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$195,138
Total Directors
12
$195,138
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED NATHAN JR SECRETARY/EX 55.00
Officer Director
$142,671 $52,467 $195,138
KRISTINA FISHER ASSOCIATE DI 50.00
Highest
$122,718 $24,382 $147,100
PHELPS ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
CLARA APODACA DIRECTOR 1.00
Director
$0 $0 $0
PAUL BARDACKE DIRECTOR 1.00
Director
$0 $0 $0
NOTAH BEGAY III DIRECTOR 1.00
Director
$0 $0 $0
GARREY CARRUTHERS DIRECTOR 1.00
Director
$0 $0 $0
LADONNA HARRIS DIRECTOR 1.00
Director
$0 $0 $0
LIDDIE MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
JUDITH NAKAMURA DIRECTOR 1.00
Director
$0 $0 $0
ROBERTA COOPER RAMO CHAIR 1.00
Officer Director
$0 $0 $0
EDWARD LUJAN VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JACQUELINE BACA TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,448,307 $1,059,501 $7,479,051 $1,388,806
2023 $1,624,853 $834,484 $6,611,980 $790,369
2022 $1,120,195 $738,214 $3,749,700 $381,981
2021 $1,168,709 $646,318 $3,694,500 $522,391
2020 $767,459 $615,684 $3,070,671 $151,775
2019 $753,930 $620,358 $3,276,589 $133,572
2018 $609,456 $543,930 $2,941,435 $65,526
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