Civic Intelligence

Nmc Inc.

990 • Fiscal year 2025 • EIN 26-0370262

Jul 01, 2024 to Jun 30, 2025

4200 W Jemez Road Ste 301Los Alamos, NM 87544

(505) 412-4200

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$12,187,180

Down $169,831 (-1.4%) from 2024

Net Assets

Up

$8,932,584

Up $179,369 (+2.0%) from 2024

Liabilities

Down

$3,254,596

Down $349,200 (-9.7%) from 2024

Revenue And Expenses

Revenue

Up

$18,360,316

Up $4,256,833 (+30%) from 2024

Expenses

Up

$17,489,760

Up $3,563,307 (+26%) from 2024

Net Income

Up

$870,556

Up $693,526 (+392%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2021: $8,318,653Liabilities 2021: $3,171,939Net Assets 2021: $5,146,7142021Assets 2022: $7,880,970Liabilities 2022: $2,490,385Net Assets 2022: $5,390,5852022Assets 2024: $12,357,011Liabilities 2024: $3,603,796Net Assets 2024: $8,753,2152024Assets 2025: $12,187,180Liabilities 2025: $3,254,596Net Assets 2025: $8,932,5842025

Highlighted filing

2025

Assets$12,187,180
Liabilities$3,254,596
Net Assets$8,932,584

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2021: $11,151,295Expenses 2021: $10,833,269Net Income 2021: $318,0262021Revenue 2022: $12,482,692Expenses 2022: $12,238,821Net Income 2022: $243,8712022Revenue 2024: $14,103,483Expenses 2024: $13,926,453Net Income 2024: $177,0302024Revenue 2025: $18,360,316Expenses 2025: $17,489,760Net Income 2025: $870,5562025

Highlighted filing

2025

Revenue$18,360,316
Expenses$17,489,760
Net Income$870,556
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 13, 2026
Return Version
2024v5.0
Gross Receipts
$18,360,316
Mission and Program Overview

Mission

New mexico consortium (nmc) integrates the needs of new mexico's research universities to build liason research between local universities and organizations. Nmc builds strategic connections with scientific institutions throughout the world in order to support research and education in the public interest. Nmc develops and pursues research and education programs in the scientific fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,863,902$4,245,112▲ $381,210
Savings and Temporary Cash Investments$601,248$2,178,084▲ $1,576,836
Pledges and Grants Receivable$2,294,774$2,123,622▼ $171,152
Investments Other Securities$2,409,553$1,699,553▼ $710,000
Other Notes and Loans Receivable, Net$1,102,718$760,745▼ $341,973
Land, Buildings, and Equipment, Net$514,224$458,775▼ $55,449
Cash and Non-Interest-Bearing Accounts$403,454$269,565▼ $133,889
Prepaid Expenses and Deferred Charges$188,825$109,736▼ $79,089
Intangible Assets$103,550$56,747▼ $46,803
Accounts Receivable$3,946--
Total Assets$12,357,011$12,187,180▼ $169,831
Other Assets Total$870,817$285,241▼ $585,576
Liabilities
Accounts Payable and Accrued Expenses$1,949,459$2,637,628▲ $688,169
Other Liabilities$1,064,779$432,520▼ $632,259
Deferred Revenue$491,465$184,448▼ $307,017
Unsecured Notes Loans Payable$98,093--
Total Liabilities$3,603,796$3,254,596▼ $349,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,753,215$8,932,584▲ $179,369
Total Net Assets Fund Balance$8,753,215$8,932,584▲ $179,369
Total Liabilities and Net Assets / Fund Balance$12,357,011$12,187,180▼ $169,831

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$264,989$630,625$895,614
Leasehold Improvements$193,786$388,136$581,922
Other Securities$1,699,553--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alex Lovell TroyResearch SciFT$243,246$16,790$260,036
Alex Lovell TroyResearch Scientist-$243,246$16,790$260,036
John R EngenCEOFT$228,612$26,316$254,928
John Michael BentResearch SciFT$210,882$41,223$252,105
John Michael BentResearch Scientist-$210,882$41,223$252,105
Dr Ugandhar PorlaResearch SciFT$177,763$21,219$198,982
Dr Ugandhar PorlaResearch Scientist-$177,763$21,219$198,982
Irina IzvekovaCOOFT$164,100$34,382$198,482
David a KnightResearch SciFT$170,868$17,842$188,710
David a KnightResearch Scientist-$170,868$17,842$188,710
Greg DyeCFOFT$150,270$27,995$178,265

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Quera Computing INCSoftware1284 SOLDIERS FIELD ROAD, Brighton, MA 02135$1,350,000
D-wave Commercial INCSoftware2650 E BAYSHORE ROAD, Palo Alto, CA 94303$350,000
--1121 E BROADWAY ST 148, Missoula, MT 59802$182,457
--4005 BUCHANAN ST, Hyattsville, MD 20781-2117$106,526
Revenue and Support

Revenue Composition

Contributions and Grants
$1,071,525
Program Service Revenue
$17,123,584
Investment Income
$165,207
Other Revenue
$0
All Other Contributions
$849,047
Change in Net Assets
$870,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,336,692
Revenue Not Reported on Financial Statements
$23,624
Revenue Not Reported on Form 990
$276,437
Total Revenue per Audited Statements
$18,613,129
Total Revenue per Form 990
$18,360,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,285,996
Salaries, Compensation, and Employee Benefits$8,203,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,481,932$170,072-$6,652,004
Other Salaries and Wages$4,751,055$500,529-$5,251,584
Occupancy$1,255,133$138,645-$1,393,778
Other Employee Benefits$1,181,279$208,873-$1,390,152
Current Officers, Directors, Trustees, and Key Employees$493,027$49,955-$542,982
Pension Plan Contributions$465,132$46,111-$511,243
Payroll Taxes$463,910$43,893-$507,803
Travel$237,242$11,806-$249,048
Depreciation Depletion$62,777$165,531-$228,308
Information Technology$74,704$87,376-$162,080
Conferences and Meetings$111,972--$111,972
Fees for Services Accounting$23,802$67,080-$90,882
Advertising$68,529$3,094-$71,623
Office Expenses$23,595$40,444-$64,039
Insurance$33,325$23,076-$56,401
All Other Expenses$27,813$21,082-$48,895
Other Expenses$19,874$8,494-$28,368
Fees for Services Legal$1,964$5,536-$7,500
Interest-$3,592-$3,592
Total Functional Expenses$15,867,085$1,622,675$0$17,489,760

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,489,760
Total Expenses per Audited Statements$17,489,760
Total Expenses per Form 990$17,489,760
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$274,968
Funds Held in Trust for Others$94,634
Line of Credit$44,151
Operating Lease Liability Less Curre$18,767
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed and approved by the board of directors before being submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

Board of directors are asked to disclose any conflicts of interest at the annual board of directors meeting.

Form 990, Page 6, Part VI, Line 15A

The ceo/ed salary is established by the board of directors.

Form 990, Page 6, Part VI, Line 15B

The cio,coo, and cfo salaries are established in accordance with the nmc base pay and cost structure policy. The policy is based on the compensation audit and comparative salary analysis performed by the connecting point, an independent hr consulting company. Employees or potential employees with an annual salary of 150,000 or greater must be approved by the board of directors with a written authorization approving the salary.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Nmc Inc
EIN
26-0370262
Phone
5054124200
Address
4200 W JEMEZ ROAD STE 301, LOS ALAMOS, NM 87544
Doing Business As
New Mexico Consortium

Signing Officer

Name
Greg Dye
Title
CFO
Phone
5054124200
Signed
2026-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John R Engen
Formed
2008
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
90

Preparer

Firm
Sjt Group LLC
Address
4811 HARDWARE DR NE SUITE E-4, ALBUQUERQUE, NM 87109
Preparer
Armando Sanchez
Phone
5053128702
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

New mexico consortium (nmc) integrates the needs of new mexico's research universities to build liason research between local universities and organizations. Nmc builds strategic connections with scientific institutions throughout the world in order to support research and education in the public interest. Nmc develops and pursues research and education programs in the scientific fields.

Form 990, Page 2, Part III, Line 4A

Scientific research and collaborative programs with institutional and industrial teams who coordinate and lead collaborative research projects in the following areas: 1. The ultrascale systems research center (usrc) is a collaborative center focused on research to support high performance computing at exascale and beyond, established to foster collaboration in exascale research. 2. Nasa van allen probes mission science support (nasa). 3. Funds to local universities and colleges in support for the improvement of capabilities, course materials, and experience-based academic learning that leads to a better trained workforce entering and supporting lanls mission nnsa supported). 4. Research collaboration agreement for the collaboration for aids vaccine discovery and comprehensive antibody vaccine immune monitoring consortium (gates foundation). 5. Research at the nmc includes advanced computing, biofuels, biomedical and human health, climate change, hydrology, material science, neuromorphic computing, plant biology and agriculture, physics, seismic research, and space science. 6. Center for applied fire and ecosystem science. The mission of center for applied fire and ecosystem science is to advance next generation tools, technologies, and science in support of ecosystems, conservation, and cultural resource management and research. They draw from expertise in fire behavior and ecosystem process modeling, field-based conservation and wildlife studies, quantitative fire archaeology and fire effects, paleo- fire studies, advanced fuels mapping, and remote sensing. Center scientists work closely with federal, tribal, and academic partners to develop tools and science to inform conservation and management of cultural and natural resources across the us. 7. Advanced computing program enables cutting-edge research, collaboration, and workforce development by providing access to high-performance computing (hpc), data-intensive resources, artificial intelligence, and emerging technologies such as quantum computing. Through strategic partnerships with universities, national laboratories, and industry, nmc advances computational capabilities that support scientific discovery, innovation, and regional and national research priorities.

Form 990, Part IX, Line 11G

Professional services 58,395 164,573 0 contractual services 6,394,830 0 0 lab supplies 18,326 1,334 0 facilities 0 4,165 0 loss on equipment disposal 10,381 0 0 total 6,481,932 170,072 0

Financial Statement Notes

Schedule D, Page 3, Part X

The consortium is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The consortium's open audit periods are for fiscal years 2021 and thereafter. The consortium believes it has appropriate support for any tax positions taken and, as such, has not recognized any changes to the financial changes for uncertain tax positions.

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IRS990/Desc0SCIENTIFIC RESEARCH AND COLLABORATIVE PROGRAMS WITH INSTITUTIONAL AND INDUSTRIAL TEAMS WHO COORDINATE AND LEAD COLLABORATIVE RESEARCH PROJECTS IN THE FOLLOWING AREAS: 1. THE ULTRASCALE SYSTEMS RESEARCH CENTER (USRC) IS A COLLABORATIVE CENTER FOCUSED ON RESEARCH TO SUPPORT HIGH PERFORMANCE COMPUTING AT EXASCALE AND BEYOND, ESTABLISHED TO FOSTER COLLABORATION IN EXASCALE RESEARCH. 2. NASA VAN ALLEN PROBES MISSION SCIENCE SUPPORT (NASA). 3. FUNDS TO LOCAL UNIVERSITIES AND COLLEGES IN SUPPORT FOR THE IMPROVEMENT OF CAPABILITIES, COURSE MATERIALS, AND EXPERIENCE-BASED ACADEMIC LEARNING THAT LEADS TO A BETTER TRAINED WORKFORCE ENTERING AND SUPPORTING LANLS MISSION NNSA SUPPORTED). 4. RESEARCH COLLABORATION AGREEMENT FOR THE COLLABORATION FOR AIDS VACCINE DISCOVERY AND COMPREHENSIVE ANTIBODY VACCINE IMMUNE MONITORING CONSORTIUM (GATES FOUNDATION). 5. RESEARCH AT THE NMC INCLUDES ADVANCED COMPUTING, BIOFUELS, BIOMEDICAL AND HUMAN HEALTH, CLIMATE CHANGE, HYDROLOGY, MATERIAL SCIENCE, NEUROMORPHIC COMPUTING, PLANT BIOLOGY AND AGRICULTURE, PHYSICS, SEISMIC RESEARCH, AND SPACE SCIENCE. 6. CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE. THE MISSION OF CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE IS TO ADVANCE NEXT GENERATION TOOLS, TECHNOLOGIES, AND SCIENCE IN SUPPORT OF ECOSYSTEMS, CONSERVATION, AND CULTURAL RESOURCE MANAGEMENT AND RESEARCH. THEY DRAW FROM EXPERTISE IN FIRE BEHAVIOR AND ECOSYSTEM PROCESS MODELING, FIELD-BASED CONSERVATION AND WILDLIFE STUDIES, QUANTITATIVE FIRE ARCHAEOLOGY AND FIRE EFFECTS, PALEO- FIRE STUDIES, ADVANCED FUELS MAPPING, AND REMOTE SENSING. CENTER SCIENTISTS WORK CLOSELY WITH FEDERAL, TRIBAL, AND ACADEMIC PARTNERS TO DEVELOP TOOLS AND SCIENCE TO INFORM CONSERVATION AND MANAGEMENT OF CULTURAL AND NATURAL RESOURCES ACROSS THE US. 7. ADVANCED COMPUTING PROGRAM ENABLES CUTTING-EDGE RESEARCH, COLLABORATION, AND WORKFORCE DEVELOPMENT BY PROVIDING ACCESS TO HIGH-PERFORMANCE COMPUTING (HPC), DATA-INTENSIVE RESOURCES, ARTIFICIAL INTELLIGENCE, AND EMERGING TECHNOLOGIES SUCH AS QUANTUM COMPUTING. THROUGH STRATEGIC PARTNERSHIPS WITH UNIVERSITIES, NATIONAL LABORATORIES, AND INDUSTRY, NMC ADVANCES COMPUTATIONAL CAPABILITIES THAT SUPPORT SCIENTIFIC DISCOVERY, INNOVATION, AND REGIONAL AND NATIONAL RESEARCH PRIORITIES.
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