NEW HORIZONS FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NEW HORIZONS FOUNDATION (EIN 45-3751544)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-12
- IRS object ID
- 201640439349100614
- Schema version
- 2014v6.0
- 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
- Depreciation Schedule
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-12T17:09:26-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 850454285 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RPC CPAS CONSULTANTS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 368 | AddressLine1Txt |
| City | HOBBS | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453751544 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NMJC RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NMJC | 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 | RON BLACK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5753924510 | PhoneNum |
| Signature | 2016-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CINDY MOFFATT BRYAN | PreparerPersonNm |
| PTIN | P00805956 | PTIN |
| Phone | 5753923377 | PhoneNum |
| Preparation | 2016-02-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $290,055 | 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 | $850,000 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $850,000 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $126,784 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $126,784 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,270 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,270 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $39,160 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $39,160 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $442,155 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $442,155 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,429 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $19,736 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $19,736 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $36,521 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $36,521 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $668,055 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $666,626 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $668,055 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $666,626 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $181,945 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $228,470 | CashBOYAmt |
| Cash EOY | $280,055 | CashEOYAmt |
| Cash EOYFMV | $280,055 | CashEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,619 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,810 | LandBOYAmt |
| Land EOY | $7,381 | LandEOYAmt |
| Land EOYFMV | $10,000 | LandEOYFMVAmt |
| Total Assets BOY | $237,280 | TotalAssetsBOYAmt |
| Total Assets EOY | $287,436 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $290,055 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $237,280 | UnrestrictedBOYAmt |
| Unrestricted EOY | $287,436 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $237,280 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $287,436 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $237,280 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $287,436 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $237,280 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $181,945 | ExcessRevenueOverExpensesAmt |
| Subtotal | $419,225 | SubtotalAmt |
| Other Decreases | $131,789 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $287,436 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $619,530 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $237,280 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 2.610966 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $186,291 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $43,241 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 4.308203 | DistributionYr2Rt |
| Total Distribution | 6.919169 | TotalDistributionRt |
| Average Distribution | 3.459585 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $311,275 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,076,882 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,076,882 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $666,626 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NM | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.NHFOUNDATION.NET | WebsiteAddressTxt |
| Individual With Books | DAN HARDIN | 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 | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| RON BLACK | ||||||||
| 216 W ALBERTSON DRIVE | HOBBS | NM | 88240 | PRESIDENT | 1.50 | $0 | $0 | $0 |
| DR STEVE MCCLEERY | ||||||||
| 5317 LOVINGTON HWY | HOBBS | NM | 88240 | VICE PRESIDE | 2.50 | $0 | $0 | $0 |
| GREGG FULFER | ||||||||
| PO BOX 548 | JAL | NM | 88252 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MIKE GALLAGHER | ||||||||
| 100 N MAIN STREET | HOBBS | NM | 88240 | TREASURER | 1.00 | $0 | $0 | $0 |
| GUY KESNER | ||||||||
| 4020 FIESTA | HOBBS | NM | 88240 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID SCHMIDLY | ||||||||
| 60 HOMESTED ROAD | PLACITAS | NM | 87043 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DALE GANNAWAY | ||||||||
| 5317 LOVINGTON HWY | HOBBS | NM | 88240 | EXEC DIR | 50.00 | $126,784 | $24,814 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RAYMOND TIM WITTIG | |||||
| 4618 HOLLY RIDGE ROAD | ROCKVILLE | MD | 20853 | CONSULTING | $350,000 |
| GREENBURG TRAURIG | |||||
| 2200 ROSS AVE SUITE 5200 | DALLAS | TX | 75201 | ATTORNEY | $60,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE ONGOING APPLICATION AND USE OF A MASTER COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT (CRADA) TO CONTINUALLY UPDATE IT WITH ADDITIONAL AGREEMENTS TO FACILITATE WORK WITH THE ARMY RESEARCH, DEVELOPMENT, AND ENGINEERING CENTER (ARDEC). | Description1Txt |
| Expenses1 | $260,541 | Expenses1Amt |
| Description2 | ONGOING OPERATION AND STAFFING OF THE WASHINGTON DC OFFICE TO GIVE THE FOUNDATION A PRESENCE IN WASHINGTON DC WHERE MANY OF THE DEPARTMENT OF DEFENSE LABORATORIES ARE LOCATED. | Description2Txt |
| Expenses2 | $33,403 | Expenses2Amt |
| Description3 | FUNDING FOR THE TECHNOLOGY TRANSFER TEAM OF FOUR PROFESSIONALS WITH A WIDE RANGE OF SKILLS THAT GIVES SOUTHEASTERN NEW MEXICO CAPABILITIES THAT HAVE NEVER BEEN AVAILABLE FOR KNOWLEDGE-BASED ECONOMIC DEVELOPMENT IN THE REGION. | Description3Txt |
| Expenses3 | $253,861 | Expenses3Amt |
| Description4 | ONGOING EDUCATION OF THE CITIZENS OF THE SOUTHEASTERN NEW MEXICO REGION AS TO WHAT "KNOWLEDGE-BASED" ECOMONIC DEVELOPEMENT IS AND WHY IT IS IMPORTANT. | Description4Txt |
| Expenses4 | $120,250 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $316,015 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $316,015 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $316,015 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,740 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $311,275 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $15,564 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $15,564 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $15,564 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $15,564 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $15,564 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $666,626 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $666,626 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $666,626 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,564 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $184,129 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $619,530 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $803,659 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $666,626 | QualifyingDistributionsAmt |
| Applied To Current Year | $15,564 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $651,062 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,454,721 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,454,721 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $184,129 | ExcessFromYear2Amt |
| Excess From Year1 | $619,530 | ExcessFromYear1Amt |
| Excess From Current Year | $651,062 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (true) | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| NEW MEXICO JUNIOR COLLEGE | ||||||
| 1 | 5317 LOVINGTON HWY | HOBBS | NM | 88240 | $450,000 | Yes (X) |
| LEA COUNTY NEW MEXICO | ||||||
| 2 | 100 N MAIN STREET | HOBBS | NM | 88240 | $400,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PATENT - CARBON FIBER | PropertyDesc |
| Acquired | 2013-09-12 | AcquiredDt |
| Cost Or Other Basis | $10,000 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $1,190 | PriorYearDepreciationAmt |
| Computation Method | S/L | ComputationMethodTxt |
| Life | 7.0000 | LifeRt |
| Current Year Expense | $1,429 | CurrentYearExpenseAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $10,000 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,619 | AccumulatedDepreciationAmt |
| Book Value | $7,381 | BookValueAmt |
| EOYFMV | $10,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSFERS TO NMJC | Desc |
| Amt | $131,789 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| TELEPHONE | $673 | $673 |
| COPIER EXPENSE | $760 | $760 |
| DUES & MEMBERHSIPS | $885 | $885 |
| POSTAGE | $121 | $121 |
| SUPPLIES | $5,595 | $5,595 |
| INSURANCE | $28,476 | $28,476 |
| WORKMAN'S COMP FEE | $11 | $11 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PROFESSIONAL SERVICE AGREEMENT | ||
| - TIM WITTIG | $350,000 | $350,000 |
| ATTORNEY FEES | $60,000 | |
| OTHER PROFESSIONAL FEES | $32,155 | $92,155 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| NEW MEXICO JUNIOR COLLEGE | |||
| 5317 LOVINGTON HWY | HOBBS | NM | 88240 |
| LEA COUNTY NEW MEXICO | |||
| 100 N MAIN STREET | HOBBS | NM | 88240 |