Civic Intelligence

New Mexico Life Insurance Guaranty Association

EIN 74-1936016 • 501(c)6 • Santa Fe, NM

Profile

To provide a mechanism to facilitate continuation of coverage, payment of covered claims under certain insurance policies, to avoid excessive delay in payment and avoid financial loss to claimants or policyholders because of insolvency of an insurer, to assist in detection and prevention of insurer insolvencies and provide an Association to assess the cost of such protection among insurers.

215 Lincoln Ave Ste 203Santa Fe, NM 87501

www.nmlifega.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

81%

Higher net margin than 99% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

99th percentile

190%

Faster asset growth than 99% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

236%

Faster revenue growth than 99% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$1,332,295

Up $95,825 (+7.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$1,332,295

Up $95,825 (+7.7%) from 2022

Operations
Liabilities / Revenue13th percentileNet Margin99th percentile

Revenue

Up

$931,667

Up $695,444 (+294%) from 2022

Expenses

Up

$835,842

Up $407,734 (+95%) from 2022

Net Income

Up

$95,825

Up $287,710 (+150%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,180,835Liabilities 2010: $0Net Assets 2010: $1,180,8352010Assets 2011: $1,166,218Liabilities 2011: $0Net Assets 2011: $1,166,2182011Assets 2012: $2,565,657Liabilities 2012: $0Net Assets 2012: $2,565,6572012Assets 2013: $965,821Liabilities 2013: $0Net Assets 2013: $965,8212013Assets 2014: $848,153Liabilities 2014: $0Net Assets 2014: $848,1532014Assets 2015: $720,255Liabilities 2015: $0Net Assets 2015: $720,2552015Assets 2016: $778,690Liabilities 2016: $0Net Assets 2016: $778,6902016Assets 2017: $1,104,778Liabilities 2017: $0Net Assets 2017: $1,104,7782017Assets 2018: $988,748Liabilities 2018: $0Net Assets 2018: $988,7482018Assets 2019: $874,270Liabilities 2019: $0Net Assets 2019: $874,2702019Assets 2020: $933,960Liabilities 2020: $0Net Assets 2020: $933,9602020Assets 2021: $1,428,355Liabilities 2021: $0Net Assets 2021: $1,428,3552021Assets 2022: $1,236,470Liabilities 2022: $0Net Assets 2022: $1,236,4702022Assets 2023: $1,332,295Liabilities 2023: $0Net Assets 2023: $1,332,2952023

Highlighted filing

2023

Assets$1,332,295
Liabilities$0
Net Assets$1,332,295
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $611,7592010Expenses 2011: $906,2242011Expenses 2012: $724,6382012Revenue 2013: $1,118,846Expenses 2013: $2,718,682Net Income 2013: -$1,599,8362013Revenue 2014: $204,324Expenses 2014: $321,992Net Income 2014: -$117,6682014Revenue 2015: $230,515Expenses 2015: $358,413Net Income 2015: -$127,8982015Revenue 2016: $406,211Expenses 2016: $347,776Net Income 2016: $58,4352016Revenue 2017: $8,235,224Expenses 2017: $7,909,136Net Income 2017: $326,0882017Revenue 2018: $226,397Expenses 2018: $342,427Net Income 2018: -$116,0302018Revenue 2019: $255,928Expenses 2019: $370,406Net Income 2019: -$114,4782019Revenue 2020: $522,457Expenses 2020: $462,767Net Income 2020: $59,6902020Revenue 2021: $1,155,420Expenses 2021: $661,025Net Income 2021: $494,3952021Revenue 2022: $236,223Expenses 2022: $428,108Net Income 2022: -$191,8852022Revenue 2023: $931,667Expenses 2023: $835,842Net Income 2023: $95,8252023

Highlighted filing

2023

Revenue$931,667
Expenses$835,842
Net Income$95,825
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$1,332,295
Liabilities
$0
Net assets
$1,332,295
Revenue
$931,667
Expenses
$835,842
Net income
$95,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.33$0.00$1.33$0.93$0.84$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.24$0.43$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$1.16$0.66$0.49
2020Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$0.52$0.46$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.00$0.87$0.26$0.37$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.23$0.34$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$8.24$7.91$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.00$0.78$0.41$0.35$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.23$0.36$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.20$0.32$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.12$2.72$1.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.00$2.57$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.18$0.61
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • $1M-$5M nonprofits