NEW HORIZONS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEW HORIZONS FOUNDATION (EIN 45-3751544)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202501359349105280
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T17:28:59-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 994625061 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRI ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1002 W PIERCE ST | AddressLine1Txt |
| City | CARLSBAD | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88220 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453751544 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW HORIZONS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWH | BusinessNameControlTxt |
| Phone | 5753924510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5317 N LOVINGTON HWY | AddressLine1Txt |
| City | HOBBS | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88240 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GUY KESNER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5753924510 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CINDY MOFFATT BRYAN | PreparerPersonNm |
| PTIN | P00805956 | PTIN |
| Phone | 5758854184 | PhoneNum |
| Preparation | 2025-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,150,065 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $403,000 | ContriRcvdRevAndExpnssAmt |
| Gross Rents Rev And Expnss | $8,520 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $8,520 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $451 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $411,520 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,520 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $80,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $80,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $18,524 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $18,524 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $20,301 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $20,301 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $108,193 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,630 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $105,563 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,530 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $7,530 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,577 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,577 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $81,313 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $47,896 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $33,417 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $322,438 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,526 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $271,912 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $322,438 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,526 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $271,912 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $89,082 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $243,903 | CashBOYAmt |
| Cash EOY | $243,162 | CashEOYAmt |
| Cash EOYFMV | $243,162 | CashEOYFMVAmt |
| Acct Rcvbl | $801,948 | AcctRcvblAmt |
| Acct Rcvbl BOY | $733,610 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $801,948 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $801,948 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $18,200 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $23,093 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $23,093 | PrepaidExpensesEOYFMVAmt |
| Other Assets BOY | $76,529 | OtherAssetsBOYAmt |
| Other Assets EOY | $81,862 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $81,862 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,072,242 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,150,065 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,150,065 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $25,506 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $14,247 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $25,506 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,247 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,046,736 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,135,818 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,046,736 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,135,818 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,072,242 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,150,065 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,046,736 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $89,082 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,135,818 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,135,818 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.NHFOUNDATION.NET | WebsiteAddressTxt |
| Individual With Books | NEW MEXICO JUNIOR COLLEGE | IndividualWithBooksNm |
| Phone | 5754922769 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5317 LOVINGTON HWY | AddressLine1Txt |
| City | HOBBS | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GREGG FULFER | ||||||||
| PO BOX 548 | JAL | NM | 88252 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| GUY KESNER | ||||||||
| 300 N LINAM | HOBBS | NM | 88240 | PRESIDENT | 1.50 | $0 | $0 | $0 |
| TRES HICKS | ||||||||
| 100 E NAVAJO DRIVE SUITE 100 | HOBBS | NM | 88240 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| DENNIS HOLMBERG | ||||||||
| 5317 LOVINGTON HWY | HOBBS | NM | 88240 | EXECUTIVE DIRECTOR | 20.00 | $80,000 | $1,563 | $0 |
| GARY EIDSON | ||||||||
| 412 N DAL PASO STREET | HOBBS | NM | 88240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| PAUL LORSKULSINT | ||||||||
| PO BOX 1789 | EUNICE | NM | 88231 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| PHILLIP INGRAM | ||||||||
| PO BOX 2978 | HOBBS | NM | 88241 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| DR DEREK MOORE | ||||||||
| 5317 LOVINGTON HWY | HOBBS | NM | 88240 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUNDING FOR THE TECHNOLOGY TRANSFER TEAM OF PROFESSIONALS WHO POSSESS A WIDE RANGE OF SKILS AND EXPERTISE THAT GIVES SOUTHEASTERN NEW MEXICO CAPABILITIES THAT HAVE NEVER BEEN AVAILABLE FOR KNOWLEDGE-BASED ECONOMIC DEVELOPMENT BEFORE. | Description1Txt |
| Expenses1 | $210,808 | Expenses1Amt |
| Description2 | CONTINUED DEVELOPMENT OF THE HYDROTOOL FOR USE IN THE OILFIELD. THIS IS A DOWNHOLE TOOL THAT USES PATENT THAT WAS ENHANCED THROUGH THE DOD LABS TO IMPROVE ITS CAPABILITIES. NHF IS NOW DEVELOPING REALLIFE DATA BASE BY USING THE TOOL AND COLLECTING DATA ON THE SAFETY, DURABILITY, AND OUTCOMES FROM USE. THE INVENTOR OF THE HYDROTOOL IS LOCAL, AND NHF TECHNOLOGY CONTACTS HAVE IMPROVED THE MARKETABILITY OF THE HYDROTOOL. PRELIMINARY REVENUE PROJECTIONS, IF THE HYDROTOOL TECHNOLOGY IS SOLD, COULD BRING $8 MILLION, WITH HALF OF THOSE PROCEEDS GOING TO NHF FOR FUTURE DEVELOPMENT OPPORTUNITIES. | Description2Txt |
| Expenses2 | $24,442 | Expenses2Amt |
| Description3 | UNDING THE ONGOING EDUCATION OF THE CITIZENS OF THE LEA COUNTY, SOUTHEASTERN NEW MEXICO, AND THE PERMIAN BASIN AS TO WHAT "KNOWLEDGE-BASED" ECOMONIC DEVELOPEMENT IS AND THE VALUE IT POSSESSES FOR THE FUTURE. | Description3Txt |
| Expenses3 | $21,386 | Expenses3Amt |
| Description4 | CONTINUED FUNDING THE ONGOING DEVELOPMENT OF VORTEX MUFFLER PROJECT, WHICH CAME OUT OF THE MASTER COOPERATIVE RESEARCH & DEVELOPMENT AGREEMENT (CRADA); CURRENT PROJECT DEVELOPMENT INCLUDES REDESIGN FROM THE LARGER FRAC UNIT MUFFLERS TO A SMALLER SIZE THAT CAN BE USED IN A NUMBER OF SMALLER ENGINES; THIS PROJECT COULD CREATE MULTIPLE LICENSING OPPORTUNITIES FOR THIS TECHNOLOGY | Description4Txt |
| Expenses4 | $15,276 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $178,767 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $178,767 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $178,767 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,682 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $176,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $8,804 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $8,804 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $8,804 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $8,804 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $8,804 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $271,912 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $271,912 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $8,804 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $634,600 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $661,919 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $159,333 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $236,929 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $231,983 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,924,764 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $271,912 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $8,804 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $263,108 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,187,872 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $634,600 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,553,272 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $661,919 | ExcessFromYear4Amt |
| Excess From Year3 | $159,333 | ExcessFromYear3Amt |
| Excess From Year2 | $236,929 | ExcessFromYear2Amt |
| Excess From Year1 | $231,983 | ExcessFromYear1Amt |
| Excess From Current Year | $263,108 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 21 | ExclusionCd |
| Exclusion | $451 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $451 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $451 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NM JUNIOR COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | COLLEGE | OrganizationTypeDesc |
| Relationship Description | FUNDING & BOOKKEEPING SERVICES | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO JUNIOR COLLEGE | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5317 LOVINGTON HWY | AddressLine1Txt |
| City | HOBBS | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $403,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HYDRO TOOL LICENSE | $65,084 | $77,519 | $77,519 |
| MUFFLER LICENSE | $30,000 | $30,000 | $30,000 |
| ACCUMULATED AMORTIZATION MUFFLER LICENSE & HYDRO TOOL LICENSE | -$18,555 | -$25,657 | -$25,657 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADVERTISING | $7,558 | $0 | $0 | $7,558 |
| GENERAL & ADMINISTRATIVE | $4,389 | $3,532 | $0 | $857 |
| INSURANCE | $32,297 | $32,297 | $0 | $0 |
| DUES AND MEMBERSHIP | $800 | $0 | $0 | $800 |
| SUPPLIES | $3,393 | $0 | $0 | $3,393 |
| TELEPHONE | $22 | $0 | $0 | $22 |
| RESEARCH AND DEVELOPMENT | $3,405 | $0 | $0 | $3,405 |
| EVENTS | $14,272 | $0 | $0 | $14,272 |
| PROJECT HYDRO TOOL RESEARCH | $6,076 | $6,076 | $0 | |
| PROJECT MUFFLER MODELING | $1,993 | $1,993 | $0 | |
| AMORTIZATION | $7,108 | $3,998 | $3,110 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $108,193 | Amt |
| Net Investment Income | $2,630 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $105,563 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO JUNIOR COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5317 LOVINGTON HIGHWAY | AddressLine1Txt |
| City | HOBBS | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88240 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $7,530 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,530 | DisbursementsCharitablePrpsAmt |
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