Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 81-3234552 • 501(c)3 • Santa Fe, NM
Profile
Searchlight new mexico news delivers high-impact investigative reporting to inspire new mexicans to demand action on systemic problems that plague new mexico.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 24.6% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Down$709,045
Down $68,389 (-8.8%) from 2023
Liabilities
Down$52,685
Down $36,368 (-41%) from 2023
Net Assets
Down$656,360
Down $32,021 (-4.7%) from 2023
Revenue
Down$898,368
Down $39,424 (-4.2%) from 2023
Expenses
Down$930,452
Down $259,266 (-22%) from 2023
Net Income
Up-$32,084
Up $219,842 (+87%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Searchlight new mexico news delivers high-impact investigative reporting to inspire new mexicans to demand action on systemic problems that plague new mexico.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | - | $385,000 | - |
| Savings and Temporary Cash Investments | $8,373 | $145,939 | ▲ $137,566 |
| Cash and Non-Interest-Bearing Accounts | $669,539 | $119,178 | ▼ $550,361 |
| Accounts Receivable | $40,150 | $29,820 | ▼ $10,330 |
| Prepaid Expenses and Deferred Charges | $9,786 | $11,555 | ▲ $1,769 |
| Land, Buildings, and Equipment, Net | $209 | - | - |
| Total Assets | $777,434 | $709,045 | ▼ $68,389 |
| Other Assets Total | $49,377 | $17,553 | ▼ $31,824 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $38,343 | $34,465 | ▼ $3,878 |
| Other Liabilities | $50,710 | $18,220 | ▼ $32,490 |
| Total Liabilities | $89,053 | $52,685 | ▼ $36,368 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $503,453 | $475,099 | ▼ $28,354 |
| Net Assets With Donor Restrictions | $184,928 | $181,261 | ▼ $3,667 |
| Total Net Assets Fund Balance | $688,381 | $656,360 | ▼ $32,021 |
| Total Liabilities and Net Assets / Fund Balance | $777,434 | $709,045 | ▼ $68,389 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $4,182 | $4,182 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tamara Bates | Executive Di | FT | $102,449 | $8,788 | $111,237 |
| Sara Solovitch | Ex.director- | FT | $54,900 | - | $54,900 |
| Name | Title |
|---|---|
| Susan Boe | President |
| Dolly Manson | Director |
| Don Templin | Director |
| Elizabeth Allen Heller | Director |
| Kristina Melchor | Director |
| Raymond Rivera | Director |
| Rick Rodriguez | Director |
| Daniel Yohalem | Secretary |
| Sylvia Ramos Cruz | Treasurer |
| Martin Kaiser | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $668,558 |
| Other Expenses | $261,394 |
| Total Fundraising Expense | $69,991 |
| Grants and Similar Amounts Paid | $500 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $381,374 | $41,283 | $10,608 | $433,265 |
| Current Officers, Directors, Trustees, and Key Employees | $71,380 | $27,143 | $45,611 | $144,134 |
| Fees for Services Other | $77,860 | $1,352 | $4,125 | $83,337 |
| Other Employee Benefits | $41,941 | $4,919 | $465 | $47,325 |
| Payroll Taxes | $34,701 | $5,125 | $4,008 | $43,834 |
| Occupancy | $28,386 | $5,743 | $2,170 | $36,299 |
| Information Technology | $30,000 | $30 | - | $30,030 |
| Fees for Services Accounting | - | $28,378 | - | $28,378 |
| Insurance | $12,621 | $5,021 | $965 | $18,607 |
| Travel | $12,022 | - | $7 | $12,029 |
| Conferences and Meetings | $6,800 | $483 | $1,342 | $8,625 |
| Office Expenses | $6,944 | $1,054 | $563 | $8,561 |
| Fees for Services Legal | - | $7,381 | - | $7,381 |
| Advertising | $2,284 | $317 | $107 | $2,708 |
| Other Expenses | $530 | $58 | $20 | $530 |
| Grants to Domestic Individuals | $500 | - | - | $500 |
| Depreciation Depletion | $209 | - | - | $209 |
| Total Functional Expenses | $732,174 | $128,287 | $69,991 | $930,452 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $936,262 |
| Expenses per Audited Statements | $930,452 |
| Total Expenses per Form 990 | $930,452 |
| Expenses Not Reported on Form 990 | $5,810 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $18,220 |
“Review and approval comes from the executive committee, which is authorized by the bylaws to act on behalf of the board.”
“An annual signed declaration is submitted to the board by all directors and officers.”
“The board of directors reviews executive director performance annually and approves any changes to compensation.”
“A hard-copy binder of governing documents, policies, financial statements and form 990s are available to the public at the office of searchlight new mexico. Documents are also provided by email within 10 business days of written request.”
“Board members served on volunteer basis.”
“Searchlight identified and explored extensive pfas contamination in a low- income neighborhood on the outside of santa fe. Our reporting addressed statewide public health risks in lee county and the southeastern part of the state due to airforce base contamination. We reported in depth on the ongoing health risks and the government's failure to respond. Two stories have delved into the lack of access in rural areas, specifically for immigrant populations and the closure of small hospitals in the northeastern and southeastern part of the state. We have found that the impact of the cost of malpractice insurance impacts both large and small hospitals, but disproportionately impacts smaller rural hospitals. A short-term effect of our work was a lawsuit filed in response to our pfas story. An immediate term impact is that searchlight was invited to be part of the carter center's mental health parity reporting collaborative in which only 11 newsrooms across the country were selected to participate. We will be producing three stories in 2025 about mental health needs across new mexico and these will be published through a wide set of partner media outlets that the carter center collaborates with. Searchlight is looking at the following outcomes from our reporting and data analysis: 1) increased funding requests for maternal and child health in the nm state budget 2) increased health funding requests for rural communities 3) increased racial and ethnic diversity among the decision makers for health policy. During and after the grant period, we expect that advocates and allies will utilize the critical pieces of data and research compiled and analyzed by searchlight. These important data pieces will allow advocates to better demonstrate community needs now and into the future. In next year's report, we will be able to better demonstrate how these big goals have played out legislatively and locally. Stories that capture the impact here are links to two stories that exemplify the work of our organization: https://searchlightnm.org/high-costs-malpractice-insurance-threaten-new- mexico-hospitals/ https://searchlightnm.org/life-death-or-deportation/ we are also pleased to reveal that searchlight reporter alicia inez guzmn was selected for the highly competitive ny times local investigations fellowship. The ny times works with the fellow in selecting editorial content, while also providing that all of ms. Guzmans published articles will be co-published by the new york times and searchlight.”
“The organization is exempt from income tax under section 501(c)(3) of the u.s. Internal revenue code (irc). The organization is also exempt from new mexico state income tax under 1978 new mexico statues chapter 7, section 2 -4(b). The organization has adopted accounting principles generally accepted in the united states of america as they relate to uncertain tax position for the year ended december 31, 2024, and has evaluated its tax positions taken for all open tax years. However, the organization is not currently under audit, nor has the organization been contacted by any of these jurisditions. Management believes that the activities of the organization are within their tax-exempt pupose and that there are no uncertain tax position.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | SEARCHLIGHT NEW MEXICO NEWS DELIVERS HIGH-IMPACT INVESTIGATIVE REPORTING TO INSPIRE NEW MEXICANS TO DEMAND ACTION ON SYSTEMIC PROBLEMS THAT PLAGUE NEW MEXICO. |
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| IRS990/Desc | 0 | SEARCHLIGHT IDENTIFIED AND EXPLORED EXTENSIVE PFAS CONTAMINATION IN A LOW- INCOME NEIGHBORHOOD ON THE OUTSIDE OF SANTA FE. OUR REPORTING ADDRESSED STATEWIDE PUBLIC HEALTH RISKS IN LEE COUNTY AND THE SOUTHEASTERN PART OF THE STATE DUE TO AIRFORCE BASE CONTAMINATION. WE REPORTED IN DEPTH ON THE ONGOING HEALTH RISKS AND THE GOVERNMENT'S FAILURE TO RESPOND. TWO STORIES HAVE DELVED INTO THE LACK OF ACCESS IN RURAL AREAS, SPECIFICALLY FOR IMMIGRANT POPULATIONS AND THE CLOSURE OF SMALL HOSPITALS IN THE NORTHEASTERN AND SOUTHEASTERN PART OF THE STATE. WE HAVE FOUND THAT THE IMPACT OF THE COST OF MALPRACTICE INSURANCE IMPACTS BOTH LARGE AND SMALL HOSPITALS, BUT DISPROPORTIONATELY IMPACTS SMALLER RURAL HOSPITALS. A SHORT-TERM EFFECT OF OUR WORK WAS A LAWSUIT FILED IN RESPONSE TO OUR PFAS STORY. AN IMMEDIATE TERM IMPACT IS THAT SEARCHLIGHT WAS INVITED TO BE PART OF THE CARTER CENTER'S MENTAL HEALTH PARITY REPORTING COLLABORATIVE IN WHICH ONLY 11 NEWSROOMS ACROSS THE COUNTRY WERE SELECTED TO PARTICIPATE. WE WILL BE PRODUCING THREE STORIES IN 2025 ABOUT MENTAL HEALTH NEEDS ACROSS NEW MEXICO AND THESE WILL BE PUBLISHED THROUGH A WIDE SET OF PARTNER MEDIA OUTLETS THAT THE CARTER CENTER COLLABORATES WITH. SEARCHLIGHT IS LOOKING AT THE FOLLOWING OUTCOMES FROM OUR REPORTING AND DATA ANALYSIS: 1) INCREASED FUNDING REQUESTS FOR MATERNAL AND CHILD HEALTH IN THE NM STATE BUDGET 2) INCREASED HEALTH FUNDING REQUESTS FOR RURAL COMMUNITIES 3) INCREASED RACIAL AND ETHNIC DIVERSITY AMONG THE DECISION MAKERS FOR HEALTH POLICY. DURING AND AFTER THE GRANT PERIOD, WE EXPECT THAT ADVOCATES AND ALLIES WILL UTILIZE THE CRITICAL PIECES OF DATA AND RESEARCH COMPILED AND ANALYZED BY SEARCHLIGHT. THESE IMPORTANT DATA PIECES WILL ALLOW ADVOCATES TO BETTER DEMONSTRATE COMMUNITY NEEDS NOW AND INTO THE FUTURE. IN NEXT YEAR'S REPORT, WE WILL BE ABLE TO BETTER DEMONSTRATE HOW THESE BIG GOALS HAVE PLAYED OUT LEGISLATIVELY AND LOCALLY. STORIES THAT CAPTURE THE IMPACT HERE ARE LINKS TO TWO STORIES THAT EXEMPLIFY THE WORK OF OUR ORGANIZATION: HTTPS://SEARCHLIGHTNM.ORG/HIGH-COSTS-MALPRACTICE-INSURANCE-THREATEN-NEW- MEXICO-HOSPITALS/ HTTPS://SEARCHLIGHTNM.ORG/LIFE-DEATH-OR-DEPORTATION/ WE ARE ALSO PLEASED TO REVEAL THAT SEARCHLIGHT REPORTER ALICIA INEZ GUZMN WAS SELECTED FOR THE HIGHLY COMPETITIVE NY TIMES LOCAL INVESTIGATIONS FELLOWSHIP. THE NY TIMES WORKS WITH THE FELLOW IN SELECTING EDITORIAL CONTENT, WHILE ALSO PROVIDING THAT ALL OF MS. GUZMANS PUBLISHED ARTICLES WILL BE CO-PUBLISHED BY THE NEW YORK TIMES AND SEARCHLIGHT. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (IRC). THE ORGANIZATION IS ALSO EXEMPT FROM NEW MEXICO STATE INCOME TAX UNDER 1978 NEW MEXICO STATUES CHAPTER 7, SECTION 2 -4(B). THE ORGANIZATION HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS THEY RELATE TO UNCERTAIN TAX POSITION FOR THE YEAR ENDED DECEMBER 31, 2024, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT, NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDITIONS. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF THE ORGANIZATION ARE WITHIN THEIR TAX-EXEMPT PUPOSE AND THAT THERE ARE NO UNCERTAIN TAX POSITION. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD MEMBERS SERVED ON VOLUNTEER BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | SEARCHLIGHT IDENTIFIED AND EXPLORED EXTENSIVE PFAS CONTAMINATION IN A LOW- INCOME NEIGHBORHOOD ON THE OUTSIDE OF SANTA FE. OUR REPORTING ADDRESSED STATEWIDE PUBLIC HEALTH RISKS IN LEE COUNTY AND THE SOUTHEASTERN PART OF THE STATE DUE TO AIRFORCE BASE CONTAMINATION. WE REPORTED IN DEPTH ON THE ONGOING HEALTH RISKS AND THE GOVERNMENT'S FAILURE TO RESPOND. TWO STORIES HAVE DELVED INTO THE LACK OF ACCESS IN RURAL AREAS, SPECIFICALLY FOR IMMIGRANT POPULATIONS AND THE CLOSURE OF SMALL HOSPITALS IN THE NORTHEASTERN AND SOUTHEASTERN PART OF THE STATE. WE HAVE FOUND THAT THE IMPACT OF THE COST OF MALPRACTICE INSURANCE IMPACTS BOTH LARGE AND SMALL HOSPITALS, BUT DISPROPORTIONATELY IMPACTS SMALLER RURAL HOSPITALS. A SHORT-TERM EFFECT OF OUR WORK WAS A LAWSUIT FILED IN RESPONSE TO OUR PFAS STORY. AN IMMEDIATE TERM IMPACT IS THAT SEARCHLIGHT WAS INVITED TO BE PART OF THE CARTER CENTER'S MENTAL HEALTH PARITY REPORTING COLLABORATIVE IN WHICH ONLY 11 NEWSROOMS ACROSS THE COUNTRY WERE SELECTED TO PARTICIPATE. WE WILL BE PRODUCING THREE STORIES IN 2025 ABOUT MENTAL HEALTH NEEDS ACROSS NEW MEXICO AND THESE WILL BE PUBLISHED THROUGH A WIDE SET OF PARTNER MEDIA OUTLETS THAT THE CARTER CENTER COLLABORATES WITH. SEARCHLIGHT IS LOOKING AT THE FOLLOWING OUTCOMES FROM OUR REPORTING AND DATA ANALYSIS: 1) INCREASED FUNDING REQUESTS FOR MATERNAL AND CHILD HEALTH IN THE NM STATE BUDGET 2) INCREASED HEALTH FUNDING REQUESTS FOR RURAL COMMUNITIES 3) INCREASED RACIAL AND ETHNIC DIVERSITY AMONG THE DECISION MAKERS FOR HEALTH POLICY. DURING AND AFTER THE GRANT PERIOD, WE EXPECT THAT ADVOCATES AND ALLIES WILL UTILIZE THE CRITICAL PIECES OF DATA AND RESEARCH COMPILED AND ANALYZED BY SEARCHLIGHT. THESE IMPORTANT DATA PIECES WILL ALLOW ADVOCATES TO BETTER DEMONSTRATE COMMUNITY NEEDS NOW AND INTO THE FUTURE. IN NEXT YEAR'S REPORT, WE WILL BE ABLE TO BETTER DEMONSTRATE HOW THESE BIG GOALS HAVE PLAYED OUT LEGISLATIVELY AND LOCALLY. STORIES THAT CAPTURE THE IMPACT HERE ARE LINKS TO TWO STORIES THAT EXEMPLIFY THE WORK OF OUR ORGANIZATION: HTTPS://SEARCHLIGHTNM.ORG/HIGH-COSTS-MALPRACTICE-INSURANCE-THREATEN-NEW- MEXICO-HOSPITALS/ HTTPS://SEARCHLIGHTNM.ORG/LIFE-DEATH-OR-DEPORTATION/ WE ARE ALSO PLEASED TO REVEAL THAT SEARCHLIGHT REPORTER ALICIA INEZ GUZMN WAS SELECTED FOR THE HIGHLY COMPETITIVE NY TIMES LOCAL INVESTIGATIONS FELLOWSHIP. THE NY TIMES WORKS WITH THE FELLOW IN SELECTING EDITORIAL CONTENT, WHILE ALSO PROVIDING THAT ALL OF MS. GUZMANS PUBLISHED ARTICLES WILL BE CO-PUBLISHED BY THE NEW YORK TIMES AND SEARCHLIGHT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REVIEW AND APPROVAL COMES FROM THE EXECUTIVE COMMITTEE, WHICH IS AUTHORIZED BY THE BYLAWS TO ACT ON BEHALF OF THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AN ANNUAL SIGNED DECLARATION IS SUBMITTED TO THE BOARD BY ALL DIRECTORS AND OFFICERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS REVIEWS EXECUTIVE DIRECTOR PERFORMANCE ANNUALLY AND APPROVES ANY CHANGES TO COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A HARD-COPY BINDER OF GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND FORM 990S ARE AVAILABLE TO THE PUBLIC AT THE OFFICE OF SEARCHLIGHT NEW MEXICO. DOCUMENTS ARE ALSO PROVIDED BY EMAIL WITHIN 10 BUSINESS DAYS OF WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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