Civic Intelligence

New Mexico Highlands University Foundation Inc.

990 • Fiscal year 2018 • EIN 75-0121368

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

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

40th percentile

0.22x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.63x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

88th percentile

33%

Higher net margin than 88% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

18th percentile

$0

Higher top officer pay than 18% of similar nonprofits.

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

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

61st percentile

7.1%

Faster asset growth than 61% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-15%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$16,647,220

Up $1,108,613 (+7.1%) from 2017

Net Assets

Up

$13,001,491

Up $584,614 (+4.7%) from 2017

Liabilities

Up

$3,645,729

Up $523,999 (+17%) from 2017

Revenue

Down

$1,384,883

Down $241,217 (-15%) from 2017

Expenses

Down

$925,658

Down $82,719 (-8.2%) from 2017

Net Income

Down

$459,225

Down $158,498 (-26%) from 2017

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

2018

Assets$16,647,220
Liabilities$3,645,729
Net Assets$13,001,491

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

2018

Revenue$1,384,883
Expenses$925,658
Net Income$459,225
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$1,402,976
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$6,665,001$6,853,508▲ $188,507
Land, Buildings, and Equipment, Net$3,563,806$3,521,609▼ $42,197
Savings and Temporary Cash Investments$1,393,371$1,404,311▲ $10,940
Cash and Non-Interest-Bearing Accounts$126,135$482,864▲ $356,729
Pledges and Grants Receivable$65,000$234,844▲ $169,844
Prepaid Expenses and Deferred Charges$3,125$3,337▲ $212
Accounts Receivable$0$2,597▲ $2,597
Total Assets$15,538,607$16,647,220▲ $1,108,613
Other Assets Total$3,722,169$4,144,150▲ $421,981
Liabilities
Other Liabilities$2,320,072$2,350,169▲ $30,097
Mortgage Notes Payable Secured by Investment Property$769,231$1,278,774▲ $509,543
Accounts Payable and Accrued Expenses$32,427$16,786▼ $15,641
Total Liabilities$3,121,730$3,645,729▲ $523,999
Net Assets / Fund Balance
Unrestricted Net Assets$6,688,294$7,272,908▲ $584,614
Permanently Rstr Net Assets$4,433,937$4,433,937→ $0
Temporarily Rstr Net Assets$1,294,646$1,294,646→ $0
Total Net Assets Fund Balance$12,416,877$13,001,491▲ $584,614
Total Liabilities and Net Assets / Fund Balance$15,538,607$16,647,220▲ $1,108,613

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,425,341-$2,425,341
Buildings$1,096,268$1,153,969$2,250,237
Other Assets Org$572,078--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$7,074,570$382,921▲ $354,913$13,575$7,568,090
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
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$742,107
Program Service Revenue
$417,180
Investment Income
$220,609
Other Revenue
$4,987
All Other Contributions
$723,266
Change in Net Assets
$459,225

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
Works of Art10$114,600Comparable Sales
Other Non Cash Contri Table1$26,250Comparable Sales
Other Non Cash Contri Table90$20,089Comparable Sales
Real Estate Other1$15,500Fair Market Value (FMV)
Total Noncash Contributions102$176,439-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,384,883
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$328,740
Total Revenue per Audited Statements
$1,713,623
Total Revenue per Form 990
$1,384,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$507,113
Grants and Similar Amounts Paid$418,545
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$418,545--$418,545
Fees for Services Other-$142,818-$142,818
Conferences and Meetings$62,925--$62,925
Fees for Service Investment Mgmnt Fees-$58,469-$58,469
Depreciation Depletion$57,698--$57,698
Other Expenses$47,669--$47,669
Interest$46,201--$46,201
Travel-$39,665-$39,665
Office Expenses-$29,929-$29,929
Occupancy$15,288--$15,288
Insurance$6,451--$6,451
Total Functional Expenses$654,777$270,881$0$925,658

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,129,009
Expenses per Audited Statements$925,658
Total Expenses per Form 990$925,658
Expenses Not Reported on Form 990$203,351
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Mexico Highlands UniversityLas Vegas, NM-Other University Support$240,312
New Mexico Highlands UniversityLas Vegas, NM-Scholarships and Research Grants for Students$178,233
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,460
Fundraising Direct Expenses$5,473
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Fundraisers$17,246---
Homecoming Banquet$10,460$10,460$5,473$4,987
Total Events$27,706$10,460$5,473$4,987
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$2,350,169
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
Yes
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 A, Line 4

The organization's by-laws were amended to reflect changes made to officer titles.

Form 990, Part VI, Section B, Line 11B

The form 990 is initially reviewed by the finance officer and executive director. The full board is then provided the form 990 to review .

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
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theresa Law
Formed
1984
Legal Domicile
Nm
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

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 IX, Line 11G

Other professional fees: program service expenses 0. Management and general expenses 142,818. Fundraising expenses 0. Total expenses 142,818.

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, 2018. 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, 2018. Under the statute of limitations, the foundation's tax returns are no longer subject to examination by tax authorities for years prior to 2014.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 5,473.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Reclassed direct fundraising expenses 5,473.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt017246
IRS990/FundraisingDirectExpensesAmt05473
IRS990/FundraisingGrossIncomeAmt010460
IRS990/GainOrLossGrp/OtherAmt0-8915
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt01402976
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt06451
IRS990/InsuranceGrp/TotalAmt06451
IRS990/InterestGrp/ProgramServicesAmt046201
IRS990/InterestGrp/TotalAmt046201
IRS990/InvestmentIncomeGrp/ExclusionAmt0229524
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0229524
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06665001
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06853508
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt04675578
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt012620
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt01595
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/BOYAmt0769231
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01278774
IRS990/NetAssetsOrFundBalancesBOYAmt012416877
IRS990/NetAssetsOrFundBalancesEOYAmt013001491
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8915
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8915
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04987
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04987
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0125389
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0176439
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt015288
IRS990/OccupancyGrp/TotalAmt015288
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029929
IRS990/OfficeExpensesGrp/TotalAmt029929
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03722169
IRS990/OtherAssetsTotalGrp/EOYAmt04144150
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt047669
IRS990/OtherExpensesGrp/TotalAmt047669
IRS990/OtherLiabilitiesGrp/BOYAmt02320072
IRS990/OtherLiabilitiesGrp/EOYAmt02350169
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt04433937
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04433937
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt065000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0234844
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03125
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03337
IRS990/PrincipalOfficerNm0THERESA LAW
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0416041
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0416041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11139
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/ExpenseAmt0476544
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0240312
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0417180
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01059706
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0491532
IRS990/PYInvestmentIncomeAmt0137668
IRS990/PYOtherExpensesAmt0516845
IRS990/PYOtherRevenueAmt09830
IRS990/PYProgramServiceRevenueAmt0418896
IRS990/PYRevenuesLessExpensesAmt0617723
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01008377
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01626100
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0459225
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01393371
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01404311
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0742107
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01069536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01376594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0990960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0623220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04802417
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0197878
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0204671
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0174117
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0226278
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0236279
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01039223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0229524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0140553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0114354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0136339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0130434
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0751204
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02140602
IRS990ScheduleA/PublicSupportCY170Pct00.79670
IRS990ScheduleA/PublicSupportTotal170Amt05266116
IRS990ScheduleA/SubstantialContributorsTotAmt0575524
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0939985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01274207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01550711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01217238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0859499
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05841640
IRS990ScheduleA/TotalSupportAmt06610148
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt017304
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt017304
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AdditionsDuringYearAmt0113034
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt03489455
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt0114600
IRS990ScheduleD/BeginningBalanceAmt02320071
IRS990ScheduleD/BuildingsGrp/BookValueAmt01096268
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01153969
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02250237
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt058469
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07074570
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0382921
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07568090
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0172270
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0354913
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt013575
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt045188
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06474327
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0604821

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