Civic Intelligence

New Mexico Highlands University Foundation Inc.

990 • Fiscal year 2017 • EIN 75-0121368

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 17, 2018

905 University AveLas Vegas, NM 87701

(505) 454-3248

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.20x

Higher debt load relative to assets than 41% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

1.92x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Net Margin

89th percentile

38%

Higher net margin than 89% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Asset Growth

63rd percentile

8.6%

Faster asset growth than 63% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-15%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,538,607

Up $1,229,586 (+8.6%) from 2016

Net Assets

Up

$12,416,877

Up $768,608 (+6.6%) from 2016

Liabilities

Up

$3,121,730

Up $460,978 (+17%) from 2016

Revenue

Down

$1,626,100

Down $285,523 (-15%) from 2016

Expenses

Down

$1,008,377

Down $75,358 (-7.0%) from 2016

Net Income

Down

$617,723

Down $210,165 (-25%) from 2016

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $7,773,015Liabilities 2010: $2,109,023Net Assets 2010: $5,663,9922010Assets 2011: $8,401,284Liabilities 2011: $2,119,079Net Assets 2011: $6,282,2052011Assets 2012: $8,761,937Liabilities 2012: $2,409,207Net Assets 2012: $6,352,7302012Assets 2013: $12,352,596Liabilities 2013: $2,827,378Net Assets 2013: $9,525,2182013Assets 2014: $13,303,396Liabilities 2014: $2,960,279Net Assets 2014: $10,343,1172014Assets 2015: $13,680,088Liabilities 2015: $2,858,399Net Assets 2015: $10,821,6892015Assets 2016: $14,309,021Liabilities 2016: $2,660,752Net Assets 2016: $11,648,2692016Assets 2017: $15,538,607Liabilities 2017: $3,121,730Net Assets 2017: $12,416,8772017Assets 2018: $16,647,220Liabilities 2018: $3,645,729Net Assets 2018: $13,001,4912018Assets 2019: $17,313,174Liabilities 2019: $3,532,427Net Assets 2019: $13,780,7472019Assets 2020: $18,242,034Liabilities 2020: $3,353,864Net Assets 2020: $14,888,1702020Assets 2021: $21,680,797Liabilities 2021: $3,749,233Net Assets 2021: $17,931,5642021Assets 2022: $20,264,132Liabilities 2022: $3,591,970Net Assets 2022: $16,672,1622022Assets 2023: $22,544,225Liabilities 2023: $3,621,718Net Assets 2023: $18,922,5072023Assets 2024: $24,898,809Liabilities 2024: $4,656,070Net Assets 2024: $20,242,7392024Assets 2025: $34,655,523Liabilities 2025: $13,428,016Net Assets 2025: $21,227,5072025

Highlighted filing

2017

Assets$15,538,607
Liabilities$3,121,730
Net Assets$12,416,877

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,114,8522010Expenses 2011: $1,185,8502011Expenses 2012: $1,054,6292012Expenses 2013: $1,187,1112013Revenue 2014: $1,249,293Expenses 2014: $973,900Net Income 2014: $275,3932014Revenue 2015: $1,548,956Expenses 2015: $1,077,402Net Income 2015: $471,5542015Revenue 2016: $1,911,623Expenses 2016: $1,083,735Net Income 2016: $827,8882016Revenue 2017: $1,626,100Expenses 2017: $1,008,377Net Income 2017: $617,7232017Revenue 2018: $1,384,883Expenses 2018: $925,658Net Income 2018: $459,2252018Revenue 2019: $1,534,897Expenses 2019: $894,317Net Income 2019: $640,5802019Revenue 2020: $2,281,616Expenses 2020: $826,838Net Income 2020: $1,454,7782020Revenue 2021: $2,216,109Expenses 2021: $700,705Net Income 2021: $1,515,4042021Revenue 2022: $1,758,292Expenses 2022: $1,688,390Net Income 2022: $69,9022022Revenue 2023: $3,310,694Expenses 2023: $1,592,581Net Income 2023: $1,718,1132023Revenue 2024: $1,875,910Expenses 2024: $1,491,812Net Income 2024: $384,0982024Revenue 2025: $1,725,670Expenses 2025: $1,485,424Net Income 2025: $240,2462025

Highlighted filing

2017

Revenue$1,626,100
Expenses$1,008,377
Net Income$617,723
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 17, 2018
Return Version
2016v3.0
Gross Receipts
$1,629,960
Mission and Program Overview

Mission

The mission of the new mexico highlands university foundation is to provide support to benefit students of the university and the university as a whole through the acquisition, development, and administration of financial and other resources.

To solicit, receive and manage contributions for the benefit of new mexico highlands university and its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,844,224$6,913,859▲ $2,069,635
Land, Buildings, and Equipment, Net$2,409,841$3,563,806▲ $1,153,965
Savings and Temporary Cash Investments$2,454,739$1,393,371▼ $1,061,368
Investments Program Related$1,211,665$0▼ $1,211,665
Cash and Non-Interest-Bearing Accounts-$126,135-
Pledges and Grants Receivable$85,000$65,000▼ $20,000
Prepaid Expenses and Deferred Charges$3,103$3,125▲ $22
Total Assets$14,309,021$15,538,607▲ $1,229,586
Other Assets Total$3,300,449$3,473,311▲ $172,862
Liabilities
Other Liabilities$1,711,384$2,320,072▲ $608,688
Mortgage Notes Payable Secured by Investment Property$942,370$769,231▼ $173,139
Accounts Payable and Accrued Expenses$6,998$32,427▲ $25,429
Total Liabilities$2,660,752$3,121,730▲ $460,978
Net Assets / Fund Balance
Unrestricted Net Assets$5,664,234$6,688,294▲ $1,024,060
Permanently Rstr Net Assets$4,937,422$4,433,937▼ $503,485
Temporarily Rstr Net Assets$1,046,613$1,294,646▲ $248,033
Total Net Assets Fund Balance$11,648,269$12,416,877▲ $768,608
Total Liabilities and Net Assets / Fund Balance$14,309,021$15,538,607▲ $1,229,586

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,409,841-$2,409,841
Buildings$1,153,965$1,096,271$2,250,236
Other Assets Org$81,535--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$6,474,327$604,821▲ $129,289$18,679$7,074,570
2015$5,188,553$1,601,032▼ $105,399$12,270$6,474,327
2014$5,173,919$75,289▲ $184,798$30,242$5,188,553
2013$4,979,804$157,776▲ $180,365$15,182$5,173,919
2012$4,310,892$268,666▲ $524,386-$4,979,804
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sam MinnerChairman of the Board
William E GarciaPresident
Tina M CordovaFirst Vice President
Albert GirardDirector
Antonio LopezDirector
Barbara a Perea CaseyDirector
Carlotta E LockmillerDirector
D Pauline RindoneDirector
Dewayne MatthewsDirector
Eileen MadridDirector
G Doyle Daves JrDirector
Jim FrankenDirector
Joe H Staley JrDirector
John LesselyongDirector
Joseph MontoyaDirector
Linda Mitchell DavisDirector
Mike MeltonDirector
Rick MieraDirector
Vince MarchiDirector
Theresa LawExecutive Director
Jay D MooreSecond VP & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,059,706
Program Service Revenue
$418,896
Investment Income
$137,668
Other Revenue
$9,830
All Other Contributions
$1,059,706
Change in Net Assets
$617,723

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$196,925Fair Market Value (FMV)
Other Non Cash Contri Table90$13,451Comparable Sales
Total Noncash Contributions91$210,376-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,626,100
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$855,556
Total Revenue per Audited Statements
$2,481,656
Total Revenue per Form 990
$1,626,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$516,845
Grants and Similar Amounts Paid$491,532
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$491,532--$491,532
Fees for Services Other-$71,897-$71,897
Depreciation Depletion$57,698--$57,698
Conferences and Meetings$51,177--$51,177
Fees for Service Investment Mgmnt Fees-$45,188-$45,188
Other Expenses$40,390--$40,390
Office Expenses-$36,602-$36,602
Interest$34,816--$34,816
Travel-$33,886-$33,886
Occupancy$16,562--$16,562
Insurance$6,670--$6,670
Total Functional Expenses$820,804$187,573$0$1,008,377

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,213,048
Expenses per Audited Statements$1,008,377
Total Expenses per Form 990$1,008,377
Expenses Not Reported on Form 990$204,671
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Mexico Highlands UniversityLas Vegas, NM-Other University Support$267,152
New Mexico Highlands UniversityLas Vegas, NM-Scholarships and Research Grants for Students$224,380
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,830
Fundraising Direct Expenses$0
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
Assets Held for Others$2,320,072
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

The form 990 is initially reviewed by the finance officer and executive director. The full board then reviews the form 990 at its march meeting.

Form 990, Part VI, Section B, Line 12C

Existence of any conflicts of interest shall be disclosed before any transaction is consumated. It shall be the continuing responsiblity of the board, officers, adn management employees to scrutinize their transactions and outside business interests and relationship for potential conflicts and to immediately make such disclosures. This process is conducted at least annually.

Form 990, Part VI, Section B, Line 15

The organization has no employees. The executive director and others who work for the organization are hired by, and are paid by, the new mexico highlands university.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and 990 are available upon request. The form 990 is also available to the public through guidestar at www.guidestar.org.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, financial statements and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New Mexico Highlands University
EIN
75-0121368
Phone
5054543248
Address
905 UNIVERSITY AVE, LAS VEGAS, NM 87701

Signing Officer

Name
Theresa Law
Title
Executive Director
Phone
5054543248
Signed
2018-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theresa Law
Formed
1984
Legal Domicile
Nm
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
30

Preparer

Firm
Ricci & Company LLC
Address
6200 UPTOWN BLVD NE STE 400, ALBUQUERQUE, NM 87110
Preparer
Maria Matonti
Phone
5053380800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net prior period adjustments -336,749.

FORM 990, PART XII, LINE 2C:

The organization's finance committee assumes responsibility for the oversight of the audit process and selection of the independent accountant is made by the nm highlands university board. This process has not changed from the prior year.

Financial Statement Notes

PART III, LINE 4:

The dr. Bell & talbot print collection is a wide-ranging collection of art and prints from both well-known and emerging artists. The collection allows the organization to exhibit this artwork to the unversity student body, provide the basis for an on-going lecture series, and further develop the organization's cultural assets necessary as an institution of higher education.

PART IV, LINE 2B:

The organization holds endowment funds specifically marked for use by new mexico highlands university (nmhu) - additions are comprised of earnings and investment appreciation/depreciation and distributions represent amounts given to nmhu for its scholarship fund.

PART V, LINE 4:

The organization's endowment fund is used to provide scholarships to students and promote faculty advancement and university support.

PART X, LINE 2:

The foundation applies the provisions of financial accounting standards board (fasb) accounting standards codification (asc) 740, income taxes. There were no uncertain tax positions taken by the foundation for the year ended june 30, 2017. The foundation's policy is to classify income tax penalties and interest, when applicable, according to their natural classification. There were no income tax penalties or interest for the year ended june 30, 2016. Under the statute of limitations, the foundation's tax returns are no longer subject to examination by tax authorities for years prior to 2013.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Prior period contributions 163,251.

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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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VP & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
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IRS990/FSAuditedInd01
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0491532
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt01629960
IRS990/GroupReturnForAffiliatesInd00
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IRS990/InsuranceGrp/TotalAmt06670
IRS990/InterestGrp/ProgramServicesAmt034816
IRS990/InterestGrp/TotalAmt034816
IRS990/InvestmentIncomeGrp/ExclusionAmt0140553
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0140553
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01211665
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04844224
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06913859
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01096271
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03563806
IRS990/LandBldgEquipCostOrOtherBssAmt04660077
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03860
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS DEDICATED TO THE SUPPORT OF NEW MEXICO HIGHLANDS UNIVERSITY. IT'S PURPOSE IS TO SOLICIT, RECEIVE AND MANAGE CONTRIBUTIONS FOR THE BENEFIT OF THE UNIVERSITY AND ITS STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0942370
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0769231
IRS990/NetAssetsOrFundBalancesBOYAmt011648269
IRS990/NetAssetsOrFundBalancesEOYAmt012416877
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2885
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2885
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09830
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09830
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0487634
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0210376
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt016562
IRS990/OccupancyGrp/TotalAmt016562
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt036602
IRS990/OfficeExpensesGrp/TotalAmt036602
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03300449
IRS990/OtherAssetsTotalGrp/EOYAmt03473311
IRS990/OtherChangesInNetAssetsAmt0-336749
IRS990/OtherExpensesGrp/Desc0GAME GUARANTEE PASS-THR
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt065000
IRS990/OtherExpensesGrp/ProgramServicesAmt156959
IRS990/OtherExpensesGrp/ProgramServicesAmt240390
IRS990/OtherExpensesGrp/TotalAmt065000
IRS990/OtherExpensesGrp/TotalAmt156959
IRS990/OtherExpensesGrp/TotalAmt240390
IRS990/OtherLiabilitiesGrp/BOYAmt01711384
IRS990/OtherLiabilitiesGrp/EOYAmt02320072
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04937422
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04433937
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt085000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt065000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03103
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03125
IRS990/PrincipalOfficerNm0THERESA LAW
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0416255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12641
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION SOLICITS, RECEIVES AND MANAGES FUNDS CONTRIBUTED BY INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND OTHERS FOR THE BENEFIT OF NEW MEXICO HIGHLANDS UNIVERSITY, ITS FACULTY, AND ITS STUDENTS. THE FOUNDATION ALSO PROVIDES FACILITIES FOR THE UNIVERSITY'S RIO RANCHO, NM CAMPUS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0596424
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0267152
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0418896
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01376594
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0529098
IRS990/PYInvestmentIncomeAmt0114354
IRS990/PYOtherExpensesAmt0554637
IRS990/PYOtherRevenueAmt0220
IRS990/PYProgramServiceRevenueAmt0420455
IRS990/PYRevenuesLessExpensesAmt0827888
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01083735
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01911623
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0617723
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02454739
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01393371
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01069536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01376594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0990960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0623220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01382921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05443231
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0204671
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0174117
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0226278
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0236279
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0227727
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01069072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0140553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0136339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0130434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0114837
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0636517
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02173422
IRS990ScheduleA/PublicSupportCY170Pct00.87580
IRS990ScheduleA/PublicSupportPY170Pct00.90470
IRS990ScheduleA/PublicSupportTotal170Amt06277866
IRS990ScheduleA/SubstantialContributorsTotAmt0234437
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01274207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01550711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01217238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0859499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01610648
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06512303
IRS990ScheduleA/TotalSupportAmt07167948
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt017304
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt01824
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt019128
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$34.7$13.4$21.2$1.73$1.49$0.24
2024Detailed filing. Detailed filing data is available for this year.$24.9$4.66$20.2$1.88$1.49$0.38
2023Detailed filing. Detailed filing data is available for this year.$22.5$3.62$18.9$3.31$1.59$1.72
2022Detailed filing. Detailed filing data is available for this year.$20.3$3.59$16.7$1.76$1.69$0.07
2021Detailed filing. Detailed filing data is available for this year.$21.7$3.75$17.9$2.22$0.70$1.52
2020Detailed filing. Detailed filing data is available for this year.$18.2$3.35$14.9$2.28$0.83$1.45
2019Detailed filing. Detailed filing data is available for this year.$17.3$3.53$13.8$1.53$0.89$0.64
2018Detailed filing. Detailed filing data is available for this year.$16.6$3.65$13.0$1.38$0.93$0.46
2017Detailed filing. Detailed filing data is available for this year.$15.5$3.12$12.4$1.63$1.01$0.62
2016Detailed filing. Detailed filing data is available for this year.$14.3$2.66$11.6$1.91$1.08$0.83
2015Detailed filing. Detailed filing data is available for this year.$13.7$2.86$10.8$1.55$1.08$0.47
2014Detailed filing. Detailed filing data is available for this year.$13.3$2.96$10.3$1.25$0.97$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$2.83$9.53$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.76$2.41$6.35$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.40$2.12$6.28$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$2.11$5.66$1.11