Civic Intelligence

New Space New Mexico

EIN 84-1966957 • 501(c)3 • Albuquerque, NM

Profile

Foster an entrepreneurial, business-focused commercial space ecosystem in new mexico by making connections, advocating for stakeholders, and preparing for the future.

2420 Alamo Ave Ste 102Albuquerque, NM 87106

www.newspacenexus.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

60th percentile

9.9%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

44%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,065,545

Up $323,081 (+44%) from 2023

Liabilities

Up

$470,920

Up $80,959 (+21%) from 2023

Net Assets

Up

$594,625

Up $242,122 (+69%) from 2023

Revenue

Up

$2,458,181

Up $274,436 (+13%) from 2023

Expenses

Up

$2,214,895

Up $133,321 (+6.4%) from 2023

Net Income

Up

$243,286

Up $141,115 (+138%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2020: $204,943Liabilities 2020: $165,147Net Assets 2020: $39,7962020Assets 2021: $406,206Liabilities 2021: $423,869Net Assets 2021: -$17,6632021Assets 2022: $580,191Liabilities 2022: $558,941Net Assets 2022: $21,2502022Assets 2023: $742,464Liabilities 2023: $389,961Net Assets 2023: $352,5032023Assets 2024: $1,065,545Liabilities 2024: $470,920Net Assets 2024: $594,6252024

Highlighted filing

2024

Assets$1,065,545
Liabilities$470,920
Net Assets$594,625

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $594,496Expenses 2020: $559,941Net Income 2020: $34,5552020Revenue 2021: $914,911Expenses 2021: $972,369Net Income 2021: -$57,4582021Revenue 2022: $2,056,537Expenses 2022: $2,017,624Net Income 2022: $38,9132022Revenue 2023: $2,183,745Expenses 2023: $2,081,574Net Income 2023: $102,1712023Revenue 2024: $2,458,181Expenses 2024: $2,214,895Net Income 2024: $243,2862024

Highlighted filing

2024

Revenue$2,458,181
Expenses$2,214,895
Net Income$243,286

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$2,458,181
Mission and Program Overview

Mission

Foster an entrepreneurial, business-focused commercial space ecosystem in new mexico by making connections, advocating for stakeholders, and preparing for the future.

Foster an entrepreneurial, business-focused commercial space ecosystem in new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$71,478$300,778▲ $229,300
Accounts Receivable$339,418$254,515▼ $84,903
Land, Buildings, and Equipment, Net$260,154$248,047▼ $12,107
Prepaid Expenses and Deferred Charges$18,590$15,015▼ $3,575
Total Assets$742,464$1,065,545▲ $323,081
Other Assets Total$52,824$247,190▲ $194,366
Liabilities
Other Liabilities$52,824$247,190▲ $194,366
Accounts Payable and Accrued Expenses$333,804$223,730▼ $110,074
Mortgage Notes Payable Secured by Investment Property$3,333--
Total Liabilities$389,961$470,920▲ $80,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$352,503$594,625▲ $242,122
Total Net Assets Fund Balance$352,503$594,625▲ $242,122
Total Liabilities and Net Assets / Fund Balance$742,464$1,065,545▲ $323,081

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$248,047$21,250$269,297
Leasehold Improvements$0$24,497$24,497
Other Assets Org$-309,032--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Casey Anglada DeraadCEOFT$235,798$43,446$279,244
Scott R MaethnerVP, Operations & IntegrationFT$210,080$34,042$244,122
Jason SadlerSenior AdvisorFT$129,086$22,864$151,950
Arial DeherreraVP, ProgramsFT$101,390$24,816$126,206

Board Members and Trustees

NameTitle
Joe SciabicaBoard Chair
Barbara BrazilDirector
Deborah PeacockDirector
Gary KingDirector
Jill HalversonDirector
Joel MozerDirector
Donna SiergiejSecretary
Hank AndrewsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Erika Hecht - Market AscentConsulting12231 ACADEMY RD NE 301, Albuquerque, NM 87111$147,621
Revenue and Support

Revenue Composition

Contributions and Grants
$2,306,679
Program Service Revenue
$150,538
Investment Income
$0
Other Revenue
$964
All Other Contributions
$17,500
Change in Net Assets
$243,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,257,141
Other Expenses$891,914
Grants and Similar Amounts Paid$65,840
Total Fundraising Expense$20,577
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$696,830$141,901$9,263$847,994
Current Officers, Directors, Trustees, and Key Employees$198,263$78,189$2,792$279,244
Fees for Services Other$278,736--$278,736
Occupancy$117,016$152-$117,168
Travel$85,688--$85,688
Fees for Services Accounting$57,022$26,258-$83,280
Payroll Taxes$61,128$14,969$823$76,920
Advertising$51,040$18,136$5,860$75,036
Grants to Domestic Orgs$65,840--$65,840
Conferences and Meetings$38,150$12,208$509$50,867
Other Employee Benefits$27,116$6,554$365$34,035
Other Expenses$32,207$33,879$429$33,879
Depreciation Depletion$21,438$28-$21,466
Pension Plan Contributions$15,713$3,027$208$18,948
Insurance$6,432$4,701-$11,133
Office Expenses$9,947$44$58$10,049
Interest-$8,876-$8,876
All Other Expenses$2,731$431$270$3,432
Fees for Services Legal$2,134$982-$3,116
Total Functional Expenses$1,833,677$360,641$20,577$2,214,895
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The University of New Mexico FoundationAlbuquerque, NM501(c)(3)Global Scaling Challenge$60,000
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
Rou Lease Liability$247,190
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 8B

There are no committees with authority to act on behalf of the governing body.

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

The cfo and the treasurer review the form 990 prior to filing.

Form 990, Part VI, Section B, Line 15A

The organization's process for determining the ceo's compensation includes review of compensation surveys for functionally comparable positions in similarly situated organizations and subsequent approval by the board. The deliberation and determination of compensation is documented accordingly. The last year this process was completed was 2024.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
New Space New Mexico
EIN
84-1966957
Phone
5052355141
Address
2420 ALAMO AVE STE 102, ALBUQUERQUE, NM 87106
Doing Business As
New Space Nexus

Signing Officer

Name
Casey Anglada Deraad
Title
CEO
Phone
5052355141
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Casey Anglada Deraad
Formed
2019
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
12
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
121 SOUTH TEJON STREET SUITE 1100, COLORADO SPRINGS, CO 80903
Preparer
Sarah Hintz
Phone
7196350330
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4B

Part iii, section 4b, other program services: alliance - join hundreds of organizations in the national newspace alliance! Build your knowledge and strengthen your network by participating in ongoing opportunities to learn, share and engage with space professionals across industry, government and academia. Free to join, newspace alliance members can attend monthly tech talks, industry webinars, networking events, industry forums and our nationally-recognized state of the space industrial base conference. Membership is free. Ignitor - space companies can apply to join our next cohort and move from concept to product to sales faster with services that focus on accelerating product development and customer contracts. Co-innovation workspaces - space companies can work at launchpad, an 8,700 square foot facility that is the only work environment in albuquerque that provides access to shared work, collaboration and prototyping spaces and testing, integration and manufacturing equipment. Pathway to the stars: workforce programming with a complete pathway spanning elementary to early career, that includes a participant support system and engagement from industry at each stage. Provides inspiration, skills development, and mentorship and a diversified regional talent pool.

Form 990, Part IX, Line 11G

Consulting services: program service expenses 278,736. Management and general expenses 0. Fundraising expenses 0. Total expenses 278,736.

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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/MissionDesc0NEWSPACE NEW MEXICO IS A 501(C)(3) NON-PROFIT THAT IS ACCELERATING THE PACE OF SPACE INNOVATION BY UNITING AND IGNITING THE INDUSTRY. THROUGH UNITE & IGNITE SPACE, A FIRST-OF-ITS-KIND CO-INNOVATION HUB, STAKEHOLDERS GAIN ACCESS TO WORKSPACES, EQUIPMENT, PROGRAMMING, RAPID PROTOTYPING AND DEMONSTRATION, AND RESOURCES NEEDED FOR INNOVATION AND RAPID PROGRESS. SERVICES INCLUDE ACCESS TO SPACE ECOSYSTEM KNOWLEDGE, PUBLIC EVENTS, AND NETWORKING; NAVIGATION SERVICES THAT PROVIDE TAILORED GUIDANCE AND DIRECT ASSISTANCE TO FAST-TRACK BUSINESS GROWTH, AND COLLABORATIVE INNOVATION SERVICES THAT IGNITE PRODUCT AND SOLUTION DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03333
IRS990/NetAssetsOrFundBalancesBOYAmt0352503
IRS990/NetAssetsOrFundBalancesEOYAmt0594625
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0352503
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0594625
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0152
IRS990/OccupancyGrp/ProgramServicesAmt0117016
IRS990/OccupancyGrp/TotalAmt0117168
IRS990/OfficeExpensesGrp/FundraisingAmt058
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt044
IRS990/OfficeExpensesGrp/ProgramServicesAmt09947
IRS990/OfficeExpensesGrp/TotalAmt010049
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt052824
IRS990/OtherAssetsTotalGrp/EOYAmt0247190
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0365
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06554
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027116
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034035
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1EVENTS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0429
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010306
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt133879
IRS990/OtherExpensesGrp/ProgramServicesAmt066246
IRS990/OtherExpensesGrp/ProgramServicesAmt132207
IRS990/OtherExpensesGrp/TotalAmt066246
IRS990/OtherExpensesGrp/TotalAmt142942
IRS990/OtherExpensesGrp/TotalAmt233879
IRS990/OtherLiabilitiesGrp/BOYAmt052824
IRS990/OtherLiabilitiesGrp/EOYAmt0247190
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0964
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0964
IRS990/OtherRevenueTotalAmt0964
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09263
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0141901
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0696830
IRS990/OtherSalariesAndWagesGrp/TotalAmt0847994
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0823
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014969
IRS990/PayrollTaxesGrp/ProgramServicesAmt061128
IRS990/PayrollTaxesGrp/TotalAmt076920
IRS990/PensionPlanContributionsGrp/FundraisingAmt0208
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03027
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015713
IRS990/PensionPlanContributionsGrp/TotalAmt018948
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018590
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015015
IRS990/PrincipalOfficerNm0CASEY ANGLADA DERAAD
IRS990/PriorPeriodAdjustmentsAmt0-1164
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1RESEARCH/TECH SUPPORT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt166000
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt166000
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER PROGRAMS - SEE SCHEDULE O
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01086183
IRS990/ProgSrvcAccomActy2Grp/GrantAmt065840
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0150538
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01970545
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt01164773
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0213199
IRS990/PYRevenuesLessExpensesAmt0102171
IRS990/PYSalariesCompEmpBnftPaidAmt0916801
IRS990/PYTotalExpensesAmt02081574
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02183745
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0243286
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC INCOME - 2024 AMOUNT: $ 964.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01970545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02013171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0902906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0594496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07787797
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0419108
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0964
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0964
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.97980
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02306679
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02013171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0902906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0594496
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07787797
IRS990ScheduleA/TotalSupportAmt07788762
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0248047
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021250
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0269297
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024497
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt024497
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0556222
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1-309032
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ROU ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCUM AMORT-ROU ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0247190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ROU LEASE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0248047
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0247190
IRS990ScheduleD/TotalLiabilityAmt0247190
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt060000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GLOBAL SCALING CHALLENGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE UNIVERSITY OF NEW MEXICO FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0850275408
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0TWO WOODWARD CENTER 700 LOMAS BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALBUQUERQUE

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