﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.3">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2014-02-13T18:01:08-06:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ACCOUNTING &amp; CONSULTING GROUP LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 368</AddressLine1>
        <City>HOBBS</City>
        <State>NM</State>
        <ZIPCode>88240</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>453751544</EIN>
      <Name>
        <BusinessNameLine1>NMJC RESEARCH FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>NMJC</NameControl>
      <Phone>5753924510</Phone>
      <USAddress>
        <AddressLine1>5317 N LOVINGTON HWY</AddressLine1>
        <City>HOBBS</City>
        <State>NM</State>
        <ZIPCode>88240</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RON BLACK</Name>
      <Title>PRESIDENT</Title>
      <Phone>5753924510</Phone>
      <DateSigned>2014-02-07</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>CINDY MOFFATT BRYAN</Name>
      <Phone>5753923377</Phone>
      <DatePrepared>2014-02-13</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc2">
      <InitialReturn>X</InitialReturn>
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>0</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>250000</ContriReceivedRevAndExpnss>
        <TotalRevenueAndExpenses>250000</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>0</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>96763</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstDsbrsChrtblPrps>96763</CompOfcrDirTrstDsbrsChrtblPrps>
        <OthEmplSlrsWgsRevAndExpnss>1500</OthEmplSlrsWgsRevAndExpnss>
        <OthEmplSlrsWgsDsbrsChrtblPrps>1500</OthEmplSlrsWgsDsbrsChrtblPrps>
        <PensionEmplBnftRevAndExpnss>15451</PensionEmplBnftRevAndExpnss>
        <PensionEmplBnftDsbrsChrtblPrps>15451</PensionEmplBnftDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc6">147500</OtherProfFeesRevAndExpnss>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc8">10091</TaxesRevAndExpnss>
        <TaxesDsbrsChrtblPrps>10091</TaxesDsbrsChrtblPrps>
        <TravConfMeetingRevAndExpnss>16405</TravConfMeetingRevAndExpnss>
        <TravConfMeetingDsbrsChrtblPrps>16405</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc4">46081</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>46081</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>333791</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>186291</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>0</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>0</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>333791</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>186291</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-83791</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <TotalAssetsEOY>0</TotalAssetsEOY>
        <TotalAssetsEOYFMV>0</TotalAssetsEOYFMV>
        <OtherLiabilitiesEOY referenceDocumentId="RetDoc5">83791</OtherLiabilitiesEOY>
        <TotalLiabilitiesEOY>83791</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedEOY>-83791</UnrestrictedEOY>
        <TotalNetAssetsEOY>-83791</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>0</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>0</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <ExcessOfRevenueOverExpenses>-83791</ExcessOfRevenueOverExpenses>
        <Subtotal>-83791</Subtotal>
        <TotalNetAssetsFundBalancesEOY>-83791</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>0</InvestmentIncomeExciseTax>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>NM</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc7">true</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>WWW.NMJC.EDU</WebsiteAddress>
        <BooksInCareOfPersonName>DAN HARDIN</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>5754922769</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>5317 LOVINGTON HWY</AddressLine1>
          <City>HOBBS</City>
          <State>NM</State>
          <ZIPCode>88240</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">RON BLACK</PersonName>
          <USAddress>
            <AddressLine1>216 W ALBERTSON DRIVE</AddressLine1>
            <City>HOBBS</City>
            <State>NM</State>
            <ZIPCode>88240</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">DR STEVE MCCLEERY</PersonName>
          <USAddress>
            <AddressLine1>5317 LOVINGTON HWY</AddressLine1>
            <City>HOBBS</City>
            <State>NM</State>
            <ZIPCode>88240</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDE</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">GREGG FULFER</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 548</AddressLine1>
            <City>JAL</City>
            <State>NM</State>
            <ZIPCode>88252</ZIPCode>
          </USAddress>
          <Title>SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">MIKE GALLAGHER</PersonName>
          <USAddress>
            <AddressLine1>100 N MAIN STREET</AddressLine1>
            <City>HOBBS</City>
            <State>NM</State>
            <ZIPCode>88240</ZIPCode>
          </USAddress>
          <Title>TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">GUY KESNER</PersonName>
          <USAddress>
            <AddressLine1>4020 FIESTA</AddressLine1>
            <City>HOBBS</City>
            <State>NM</State>
            <ZIPCode>88240</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">DAVID SCHMIDLY</PersonName>
          <USAddress>
            <AddressLine1>60 HOMESTED ROAD</AddressLine1>
            <City>PLACITAS</City>
            <State>NM</State>
            <ZIPCode>87043</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">DALE GANNAWAY</PersonName>
          <USAddress>
            <AddressLine1>5317 LOVINGTON HWY</AddressLine1>
            <City>HOBBS</City>
            <State>NM</State>
            <ZIPCode>88240</ZIPCode>
          </USAddress>
          <Title>EXEC DIR</Title>
          <AvgHoursPerWkDevotedToPosition>50.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>96763</Compensation>
          <ContriToEmplBenefitPlansEtc>15451</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>THE SIGNING OF A MASTER COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT (CRADA) WITH THE ARMY RESEARCH, DEVELOPMENT, AND ENGINEERING CENTER (ARDEC).</Description1>
        <Expenses1>94101</Expenses1>
        <Description2>OPENING OF THE WASHINGTON DC OFFICE TO GIVE THE FOUNDATION A PRESENCE IN WASHINGTON DC WHERE MANY OF THE DOD LABS ARE LOCATED.</Description2>
        <Expenses2>88692</Expenses2>
        <Description3>CREATION OF THE TECHNOLOGY TRANSFER TEAM THAT GIVES SOUTHEASTERN NEW MEXICO CAPABILITIES THAT HAVE NEVER BEEN AVAILABLE FOR KNOWLEDGE-BASED ECONOMIC DEVELOPMENT.</Description3>
        <Expenses3>77118</Expenses3>
        <Description4>THE FOUDNATION BEGAN EDUCATING THE CITIZENS OF THE REGION AS TO WHAT "KNOWLEDGE-BASED" ECOMONIC DEVELOPEMENT IS AND WHY IT IS IMPORTANT.</Description4>
        <Expenses4>79880</Expenses4>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>0</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>43899</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>43899</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>43899</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>658</CashDeemedCharitable>
        <NetNoncharitableAssets>43241</NetNoncharitableAssets>
        <MinimumInvestmentReturn>2162</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>2162</MinimumInvestmentReturn>
        <DistributableAmountBeforeAdj>2162</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>2162</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>2162</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>186291</ExpensesAndContributions>
        <QualifyingDistributions>186291</QualifyingDistributions>
        <AdjQualifyingDistributions>186291</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>2162</DistributableAmountAsAdjusted>
        <QualifyingDistributions>186291</QualifyingDistributions>
        <AppliedToCurrentYear>2162</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>184129</RemainingDistriFromCorpus>
        <TotalCorpus>184129</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>184129</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>184129</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
      </SupplementaryInformation>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>true</RelationshipsNoncharitableEOs>
        <RelationshipSchedule>
          <NameOfOrganization>
            <BusinessNameLine1>NM JUNIOR COLLEGE</BusinessNameLine1>
          </NameOfOrganization>
          <TypeOfOrganization>COLLEGE</TypeOfOrganization>
          <DescriptionOfRelationship>FUNDING &amp; BOOKKEEPING SERVICES</DescriptionOfRelationship>
        </RelationshipSchedule>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>NEW MEXICO JUNIOR COLLEGE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>5317 LOVINGTON HWY</AddressLine1>
          <City>HOBBS</City>
          <State>NM</State>
          <ZIPCode>88240</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>LEA COUNTY NEW MEXICO</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>100 N MAIN STREET</AddressLine1>
          <City>HOBBS</City>
          <State>NM</State>
          <ZIPCode>88240</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>150000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <CompensationExplanation documentId="RetDoc3">
      <Compensation>
        <PersonName>RON BLACK</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DR STEVE MCCLEERY</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>GREGG FULFER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>MIKE GALLAGHER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>GUY KESNER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DAVID SCHMIDLY</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DALE GANNAWAY</PersonName>
      </Compensation>
    </CompensationExplanation>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADVERTISING</Description>
        <RevenueAndExpensesPerBooks>1080</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1080</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TELEPHONE</Description>
        <RevenueAndExpensesPerBooks>867</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>867</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>COPIER EXPENSE</Description>
        <RevenueAndExpensesPerBooks>1445</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1445</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES &amp; MEMBERHSIPS</Description>
        <RevenueAndExpensesPerBooks>1095</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1095</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>POSTAGE</Description>
        <RevenueAndExpensesPerBooks>97</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>97</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SUPPLIES</Description>
        <RevenueAndExpensesPerBooks>3814</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>3814</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CONTRACT LABOR</Description>
        <RevenueAndExpensesPerBooks>37683</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>37683</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc5">
      <OtherLiabilities>
        <Description>DUE TO NEW MEXICO JUNIOR COLLEGE</Description>
        <EOYBookValue>83791</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc6">
      <OtherProfessionalFees>
        <Category>PROFESSIONAL SERVICE AGREEMENT</Category>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>- TIM WITTIG</Category>
        <Amount>147500</Amount>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc7">
      <SubstantialContributor>
        <PersonName>NEW MEXICO JUNIOR COLLEGE</PersonName>
        <USAddress>
          <AddressLine1>5317 LOVINGTON HWY</AddressLine1>
          <City>HOBBS</City>
          <State>NM</State>
          <ZIPCode>88240</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <PersonName>LEA COUNTY NEW MEXICO</PersonName>
        <USAddress>
          <AddressLine1>100 N MAIN STREET</AddressLine1>
          <City>HOBBS</City>
          <State>NM</State>
          <ZIPCode>88240</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc8">
      <Taxes>
        <Category>PAYROLL TAXES</Category>
        <Amount>10091</Amount>
        <DisbursementsCharitablePrps>10091</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>