New Mexico Property & Casualty Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 8,091,047 | 2,430,134 | 5,660,913 | 144.2 | 0% |
| 2011 | 2,646,933 | 9,101,122 | −6,454,189 | 30.0 | 0% |
| 2012 | 750,091 | 4,772,777 | −4,022,686 | 47.1 | 0% |
| 2013 | 1,418,956 | 2,006,187 | −587,231 | 108.5 | 0% |
| 2014 | 5,340,212 | 2,841,144 | 2,499,068 | 87.1 | 0% |
| 2015 | 1,919,476 | 3,006,705 | −1,087,229 | 78.0 | 0% |
| 2016 | 1,943,565 | 4,067,678 | −2,124,113 | 51.4 | 0% |
| 2017 | 147,073 | 2,256,374 | −2,109,301 | 81.4 | 0% |
| 2018 | 4,007,002 | 2,418,068 | 1,588,934 | 83.9 | 0% |
| 2019 | 10,150,730 | 2,113,414 | 8,037,316 | 141.6 | 0% |
| 2020 | 1,957,548 | 3,385,989 | −1,428,441 | 83.3 | 0% |
| 2021 | 4,221,293 | 3,749,181 | 472,112 | 76.8 | 0% |
| 2022 | 657,121 | 2,666,300 | −2,009,179 | 98.9 | 0% |
| 2023 | 2,306,033 | 2,737,016 | −430,983 | 94.4 | 0% |
In its most recent public year (2023), this organization spent $430,983 more than it brought in. Its reserves stood at about 94.4 months of spending, down from 144.2 in 2010. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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