New Mexico Tech Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 904,991 | 1,169,404 | −264,413 | 201.3 | 3% |
| 2012 | 295,272 | 1,327,241 | −1,031,969 | 173.3 | 4% |
| 2013 | 233,739 | 1,152,689 | −918,950 | 216.8 | 9% |
| 2014 | 1,528,630 | 1,383,218 | 145,412 | 214.1 | 1% |
| 2015 | 2,296,243 | 3,210,618 | −914,375 | 92.5 | 2% |
| 2016 | 1,922,883 | 2,406,177 | −483,294 | 121.9 | 0% |
| 2017 | 840,049 | 2,202,010 | −1,361,961 | 137.0 | 0% |
| 2018 | 2,520,315 | 2,473,154 | 47,161 | 129.4 | 0% |
| 2019 | 1,614,538 | 1,964,174 | −349,636 | 170.1 | 0% |
| 2020 | 1,877,558 | 2,160,691 | −283,133 | 157.6 | 0% |
| 2021 | 7,982,677 | 2,609,363 | 5,373,314 | 187.6 | 0% |
| 2022 | 2,517,298 | 3,211,554 | −694,256 | 136.9 | 0% |
| 2023 | 5,945,035 | 3,708,912 | 2,236,123 | 131.8 | 0% |
In its most recent public year (2023), this organization brought in $2,236,123 more than it spent. Its reserves stood at about 131.8 months of spending, down from 201.3 in 2011. Staff pay was 0% of spending. $19,138,486 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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