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Nonprofiteer
← NEW MEXICO IN DEPTH INC

Form 990 for tax year 2023

Filed by NEW MEXICO IN DEPTH INC.

Totals

Total revenue
$481,940
Total expenses
$406,317
Contributions and grants received
$481,940
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$624,804
Total liabilities, end of year
$6,048
Net assets or fund balances, end of year
$618,756
Program services expenses (Part IX)
$320,879
Management and general expenses
$49,838
Fundraising expenses
$35,600
Program service expenses (Part III)
$320,879

Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $481,940

  • 2f · All other program service revenue

    total $0 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $209,000 · program services $158,840 · management and general $25,080 · fundraising $25,080

  • 8 · Pension plan contributions

    total $12,540 · program services $9,532 · management and general $1,504 · fundraising $1,504

  • 9 · Other employee benefits

    total $14,479 · program services $11,005 · management and general $1,737 · fundraising $1,737

  • 10 · Payroll taxes

    total $18,613 · program services $14,147 · management and general $2,233 · fundraising $2,233

  • 11g · Fees: other

    total $22,705 · program services $6,357 · management and general $11,353 · fundraising $4,995

  • 12 · Advertising and promotion

    total $51 · program services $0 · management and general $0 · fundraising $51

  • 14 · Information technology

    total $15,826 · program services $15,826 · management and general $0 · fundraising $0

  • 17 · Travel

    total $23,546 · program services $23,546 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $31,327 · program services $31,327 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $12,606 · program services $11,345 · management and general $1,261 · fundraising $0

  • 24a · Other expenses: Reporter Contracts

    total $27,437 · program services $27,437 · management and general $0 · fundraising $0

  • 24b · Other expenses: Bank Charges

    total $47 · program services $0 · management and general $47 · fundraising $0

  • 24c · Other expenses: Dues, Subscriptions

    total $7,744 · program services $7,744 · management and general $0 · fundraising $0

  • 24d · Other expenses: Postage, Mailing Service

    total $714 · program services $714 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $9,682 · program services $3,059 · management and general $6,623 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $400,382 · end of year $524,804

  • 2 · Savings and temporary cash investments

    beginning of year $64,003

  • 4 · Accounts receivable

    beginning of year $50,000 · end of year $100,000

  • 17 · Accounts payable and accrued expenses

    end of year $6,048

  • 19 · Deferred revenue

    beginning of year $131,842

  • 27 · Net assets without donor restrictions

    beginning of year $382,543 · end of year $618,756

Mission and programs · 2023

Mission

New Mexico in Depth produces investigative, data-rich journalism with an eye on solutions that can be a catalyst for change.

  • Public Health Reporting In 2023, we reported regularly on the response of state leaders to a crises of alcohol related deaths in New Mexico, following our 2022 seven part investigative series of alcohol's harm to New Mexico. New Mexico In Depth also focused on the disturbing lack of health care coverage in the state's rural areas and the crisis in nursing home staffing around the state.

    Expenses $86,439 · Revenue $86,439

  • Good Government Reporting New Mexico in Depth reported on the money going to state lawmakers on key issues such as an effort to reform the state's alcohol policies, including contributions from lobbyists and their employers. We continued to report on the state's independent ethics commission and the progress it has made in creating a new culture of disclosure among the state's public officials. In addition, we hosted an event with the executive director of the Ethics Commision at the University of New Mexico. And we launched a new project that will result in a new interactive money-in-politics web portal in 2024.

    Expenses $105,626 · Revenue $105,626

  • Indigenous Affairs and Education In a series of stories in 2023 New Mexico In Depth exposed the rift between how powerful public officials talk about addressing a crisis of missing and murdered Indigenous women and relatives (MMIWR) in the state whose actions failed to live up to their words. We also produced additional reporting on the issue of Indigenous students being expelled far more than any other group, with one school district responsible - Gallup-McKinley School District.

    Expenses $94,988 · Revenue $94,988

  • Other

    Expenses $33,826

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Guy E Jennings III

    Director

    Total calculated
    $85,000
    From this org
    $85,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • CJ McElhinney

    Board Chair

    Total calculated
    $0
    Hours/week
    0.25
  • David Alire Garcia

    Board Member

    Total calculated
    $0
    Hours/week
    0.25
  • Jessica Onsurez

    Board Member

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
2 May 2024
IRS schema version
2023v5.0
Source object
202431369349306048

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