Civic Intelligence

New Mexico Tech Foundation

990 • Fiscal year 2020 • EIN 85-0194323

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 09, 2021

801 Leroy PlaceSocorro, NM 87801

(575) 835-5658

Siviq Scores

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

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.35x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

78th percentile

$412,148

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 22.0% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

41st percentile

4.1%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$29,029,841

Up $1,153,175 (+4.1%) from 2019

Net Assets

Up

$28,370,885

Up $535,188 (+1.9%) from 2019

Liabilities

Up

$658,956

Up $617,987 (+1508%) from 2019

Revenue

Up

$1,877,558

Up $263,020 (+16%) from 2019

Expenses

Up

$2,160,691

Up $196,517 (+10%) from 2019

Net Income

Up

-$283,133

Up $66,503 (+19%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $18,717,060Liabilities 2010: $1,406,938Net Assets 2010: $17,310,1222010Assets 2011: $20,524,750Liabilities 2011: $907,002Net Assets 2011: $19,617,7482011Assets 2012: $20,362,328Liabilities 2012: $1,190,435Net Assets 2012: $19,171,8932012Assets 2013: $22,182,653Liabilities 2013: $1,357,866Net Assets 2013: $20,824,7872013Assets 2014: $27,118,051Liabilities 2014: $2,444,127Net Assets 2014: $24,673,9242014Assets 2015: $26,579,693Liabilities 2015: $1,841,199Net Assets 2015: $24,738,4942015Assets 2016: $26,777,062Liabilities 2016: $2,336,944Net Assets 2016: $24,440,1182016Assets 2017: $25,261,134Liabilities 2017: $122,385Net Assets 2017: $25,138,7492017Assets 2018: $28,077,473Liabilities 2018: $1,409,242Net Assets 2018: $26,668,2312018Assets 2019: $27,876,666Liabilities 2019: $40,969Net Assets 2019: $27,835,6972019Assets 2020: $29,029,841Liabilities 2020: $658,956Net Assets 2020: $28,370,8852020Assets 2021: $40,798,875Liabilities 2021: $198Net Assets 2021: $40,798,6772021Assets 2022: $38,498,574Liabilities 2022: $1,861,274Net Assets 2022: $36,637,3002022Assets 2023: $41,037,147Liabilities 2023: $287,897Net Assets 2023: $40,749,2502023Assets 2024: $43,864,530Liabilities 2024: $214,882Net Assets 2024: $43,649,6482024

Highlighted filing

2020

Assets$29,029,841
Liabilities$658,956
Net Assets$28,370,885

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,670,6612010Expenses 2011: $1,169,4042011Expenses 2012: $1,327,2412012Revenue 2013: $233,739Expenses 2013: $1,152,689Net Income 2013: -$918,9502013Revenue 2014: $1,528,630Expenses 2014: $1,383,218Net Income 2014: $145,4122014Revenue 2015: $2,296,243Expenses 2015: $3,210,618Net Income 2015: -$914,3752015Revenue 2016: $1,922,883Expenses 2016: $2,406,177Net Income 2016: -$483,2942016Revenue 2017: $840,049Expenses 2017: $2,202,010Net Income 2017: -$1,361,9612017Revenue 2018: $2,520,315Expenses 2018: $2,473,154Net Income 2018: $47,1612018Revenue 2019: $1,614,538Expenses 2019: $1,964,174Net Income 2019: -$349,6362019Revenue 2020: $1,877,558Expenses 2020: $2,160,691Net Income 2020: -$283,1332020Revenue 2021: $7,982,677Expenses 2021: $2,609,363Net Income 2021: $5,373,3142021Revenue 2022: $2,517,298Expenses 2022: $3,211,554Net Income 2022: -$694,2562022Revenue 2023: $5,945,035Expenses 2023: $3,708,912Net Income 2023: $2,236,1232023Revenue 2024: $3,416,400Expenses 2024: $3,160,865Net Income 2024: $255,5352024

Highlighted filing

2020

Revenue$1,877,558
Expenses$2,160,691
Net Income-$283,133
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 9, 2021
Return Version
2019v5.2
Gross Receipts
$1,877,558
Mission and Program Overview

Mission

The foundation is organized to promote and advance the interests of the new mexico institute of mining and technology by making funds available for institutional support and scholarships.

Promote and advance the interests of the new mexico institute of mining and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$25,411,711$27,343,268▲ $1,931,557
Land, Buildings, and Equipment, Net$1,448,533$1,388,601▼ $59,932
Cash and Non-Interest-Bearing Accounts$217,346$182,656▼ $34,690
Savings and Temporary Cash Investments$188,474$68,515▼ $119,959
Pledges and Grants Receivable$477,327$35,938▼ $441,389
Other Notes and Loans Receivable, Net$133,275$10,863▼ $122,412
Total Assets$27,876,666$29,029,841▲ $1,153,175
Liabilities
Other Liabilities$40,969$629,617▲ $588,648
Accounts Payable and Accrued Expenses-$29,339-
Total Liabilities$40,969$658,956▲ $617,987
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,287,569$19,388,974▲ $101,405
Net Assets With Donor Restrictions$8,548,128$8,981,911▲ $433,783
Total Net Assets Fund Balance$27,835,697$28,370,885▲ $535,188
Total Liabilities and Net Assets / Fund Balance$27,876,666$29,029,841▲ $1,153,175

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$821,001$1,035,190$1,648,127
Other Land Buildings$332,500--
Land$235,100--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$7,099,595$222,788▲ $411,387-$7,593,310
2018$5,252,655$1,451,260▲ $535,549-$7,099,595
2017$4,364,519$612,063▲ $405,669-$5,252,655
2016$3,996,108$13,000▲ $475,527$10,281$4,364,520
2015$3,421,736$612,251▲ $57,734-$3,996,108
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joanna DebrinePresident
Jerry a ArmijoVice President
Colleen FosterExecutive Director
Borden Putnam IiiTrustee
Clinton MarrsTrustee
Dr Cleve McdanielTrustee
Dr Raul DejuTrustee
Dr Stephen WellsTrustee
Wd PetersonTrustee
William DailyTrustee
James ReistAssistant Secretary
Jeffrey CoreyTreasurer/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Parrish Group INC Dba Kennari ConsFundraising Campiagn Consulting Services401 HALL ST SW SUITE 309, Grand Rapids, MI 49503$142,520
Revenue and Support

Revenue Composition

Contributions and Grants
$1,104,560
Program Service Revenue
$75,125
Investment Income
$697,873
Other Revenue
$0
All Other Contributions
$1,104,560
Change in Net Assets
$-283,133

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$421,139Fair Market Value (FMV)
Total Noncash Contributions8$421,139-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,877,558
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$818,321
Total Revenue per Audited Statements
$2,695,879
Total Revenue per Form 990
$1,877,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,671,262
Professional Fundraising Fees$257,611
Total Fundraising Expense$257,611
Other Expenses$231,818
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,665,212--$1,665,212
Fees for Services Professional Fundraising--$257,611$257,611
Other Expenses$112,020--$112,020
Depreciation Depletion$59,932--$59,932
Fees for Services Accounting-$19,963-$19,963
Fees for Service Investment Mgmnt Fees-$17,012-$17,012
Grants to Domestic Individuals$6,050--$6,050
Fees for Services Lobbying-$5,848-$5,848
Fees for Services Legal-$4,783-$4,783
Conferences and Meetings-$3,404-$3,404
Fees for Services Other-$3,000-$3,000
Office Expenses-$2,682-$2,682
Information Technology-$1,753-$1,753
Insurance-$1,408-$1,408
Travel-$13-$13
Total Functional Expenses$1,843,214$59,866$257,611$2,160,691

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,160,691
Total Expenses per Audited Statements$2,160,691
Total Expenses per Form 990$2,160,691
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Mexico Institute of Mining & TechnologySocorro, NM501(c)(3)SCHOLARSHIPS ($1,154,456) AND ACADEMIC SUPPORT ($510,756)$1,665,212
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$257,611
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to New Mexico Tech$623,948
Other Non-current$5,669
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The following officers and directors have a business relationship with one another by virtue of their positions as directors or employees of the new mexico institute of mining and technology, a related organization: dr. Cleve mcdaniel, w.d. Peterson, jerry armijo, stephen wells, and colleen foster.

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

The form 990 is first reviewed by the director. An electronic copy of the final form 990 is sent to all the board members for review. Board members are given sufficient time to review the form 990 and submit comments and provide approval. Once the board approves the form 990, it is submitted to the irs.

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

A conflict of interest disclosure statement is filed at least annually with the secretary of the board. All disclosures are made known to the members of the executive committee. If further action is needed, further disclosures will be taken to other members of the board. Discussions and votes take place without the interested covered person present.

Form 990, Part VI, Section C, Line 19

The audited financial statements and all other governing and organizing documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
New Mexico Tech Foundation
EIN
85-0194323
Phone
5758355658
Address
801 LEROY PLACE, SOCORRO, NM 87801

Signing Officer

Name
Colleen Foster
Title
Executive Director
Phone
5758355658
Signed
2021-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Foster
Formed
1965
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Moss Adams Llp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization's intended use of the endowment funds is to provide scholarships to students as established by the donors of the endowment.

Raw XML AppendixShowing 400 of 636 raw XML fields

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/GrantsToDomesticOrgsGrp/ProgramServicesAmt01665212
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01665212
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01877558
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01753
IRS990/InformationTechnologyGrp/TotalAmt01753
IRS990/InsuranceGrp/ManagementAndGeneralAmt01408
IRS990/InsuranceGrp/TotalAmt01408
IRS990/InvestmentIncomeGrp/ExclusionAmt0697873
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0697873
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt025411711
IRS990/InvestmentsPubTradedSecGrp/EOYAmt027343268
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01035190
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01448533
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01388601
IRS990/LandBldgEquipCostOrOtherBssAmt02423791
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS ORGANIZED TO PROMOTE AND ADVANCE THE INTERESTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY BY MAKING FUNDS AVAILABLE FOR INSTIUTIONAL SUPPORT AND SCHOLARSHIPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt027835697
IRS990/NetAssetsOrFundBalancesEOYAmt028370885
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0818321
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt019287569
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt019388974
IRS990/NoncashContributionsAmt0421139
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02682
IRS990/OfficeExpensesGrp/TotalAmt02682
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PARTICIPANT SUPPORT COS
IRS990/OtherExpensesGrp/ProgramServicesAmt0112020
IRS990/OtherExpensesGrp/TotalAmt0112020
IRS990/OtherLiabilitiesGrp/BOYAmt040969
IRS990/OtherLiabilitiesGrp/EOYAmt0629617
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0133275
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010863
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0477327
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt035938
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0COLLEEN FOSTER
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075125
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PROVIDES FUNDING FOR MEETINGS AND OTHER EVENTS FOR THE ADMINISTRATIVE STAFF TO SUPPORT THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY IN THESE AREAS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0622776
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0510756
IRS990/ProgSrvcAccomActy3Grp/Desc0LEASES APARTMENTS TO NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY FOR ITS STUDENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt059932
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt075125
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0843208
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01704941
IRS990/PYInvestmentIncomeAmt0681180
IRS990/PYOtherExpensesAmt0259233
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt090150
IRS990/PYRevenuesLessExpensesAmt0-349636
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01964174
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01614538
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-283133
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0188474
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068515
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PRIMARY PURPOSE OF THE NM TECH FOUNDATION IS TO PROVIDE SUPPORT TO THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF STUDENT SCHOLARSHIPS AND SUPPORT FOR ONGOING RESEARCH TAKING PLACE AT THE UNIVERSITY. THE FOUNDATION CONFERS WITH THE UNIVERSITY AS TO THE SUPPORT THE UNIVERSITY NEEDS AND RESPONDS ACCORDINGLY ON AN ONGOING BASIS. ALL OF THE FOUNDATION'S ACTIVITIES ARE TRACKED REGULARLY TO DETERMINE THAT THE SUPPORT GIVEN TO THE UNIVERSITY CONSTITUTES SUBSTANTIALLY ALL OF ITS ACTIVITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE PRIMARY PURPOSE OF THE NM TECH FOUNDATION IS TO PROVIDE SUPPORT TO THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY. THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF STUDENT SCHOLARSHIPS AND SUPPORT FOR ONGOING RESEARCH TAKING PLACE AT THE UNIVERSITY. THESE TWO ACTIVITIES ARE KEY ASPECTS OF THE UNIVERSITY AND WOULD HAVE TAKEN PLACE WHETHER OR NOT THE FOUNDATION WAS INVOLVED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0856000411
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01671262
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NM INSTITUTE OF MINING AND TECHNOLOGY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt01671262
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
IRS990ScheduleC/DirectContactLegislatorsAmt05848
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0ACTIVITIES INCLUDE LOBBYING IN THE STATE LEGISLATURE FOR BILLS THAT HELP THE SCHOOL, SUCH AS CAPITAL OUTLAY AND BUDGETS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt05848
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0821001
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01035190
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0208064
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01648127
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07099595
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0222788
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07593310
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0140460
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0411387
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05252655
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01451260
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07099595
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0139869
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0535549
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04364519
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0612063
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05252655
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0129596
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0405669
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03996108
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt013000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04364520
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0109834
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0475527
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt010281
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03421736
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0612251
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03996108
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt095613
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057734
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02160691
IRS990ScheduleD/LandGrp/BookValueAmt0235100
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0235100
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0818321
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0332500
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0332500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0623948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15669

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.9$0.21$43.6$3.42$3.16$0.26
2023Detailed filing. Detailed filing data is available for this year.$41.0$0.29$40.7$5.95$3.71$2.24
2022Detailed filing. Detailed filing data is available for this year.$38.5$1.86$36.6$2.52$3.21$0.69
2021Detailed filing. Detailed filing data is available for this year.$40.8$0.00$40.8$7.98$2.61$5.37
2020Detailed filing. Detailed filing data is available for this year.$29.0$0.66$28.4$1.88$2.16$0.28
2019Summary only. Only limited summary data is available for this year.$27.9$0.04$27.8$1.61$1.96$0.35
2018Detailed filing. Detailed filing data is available for this year.$28.1$1.41$26.7$2.52$2.47$0.05
2017Detailed filing. Detailed filing data is available for this year.$25.3$0.12$25.1$0.84$2.20$1.36
2016Detailed filing. Detailed filing data is available for this year.$26.8$2.34$24.4$1.92$2.41$0.48
2015Detailed filing. Detailed filing data is available for this year.$26.6$1.84$24.7$2.30$3.21$0.91
2014Detailed filing. Detailed filing data is available for this year.$27.1$2.44$24.7$1.53$1.38$0.15
2013Summary only. Only limited summary data is available for this year.$22.2$1.36$20.8$0.23$1.15$0.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$1.19$19.2$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.91$19.6$1.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$1.41$17.3$1.67