Think New Mexico
Public records show a registered, tax-exempt organization in good standing.
What it says it does
EDUCATION AND PUBLIC POLICY RESEARCH
- Income
- $2.4 million
- Spending
- $1.1 million
- Spent on programs
- 85%
- Reserves
- 27 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 11
- Volunteers
- 11
- Highest pay
- $195,138, secretary/ex
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 90% of charities in its peer group (human services, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 27.0 months of spending.
Debt
20 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 57% of income.
Income trend
15 of 15Income rose 51% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 2511 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $900,272 spent. 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. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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