New Mexico Engineering Foundation in Albuquerque, New Mexico (NM)

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New Mexico Engineering Foundation
Employer Identification Number (EIN)850394080
Name of OrganizationNew Mexico Engineering Foundation
In Care of NameKris Johnson
AddressPo Box 3828, Albuquerque, NM 87190-3828
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date10/1991
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$124,969
Amount of Income$50,503
Form 990 Revenue Amount$50,503

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$50,503
Contributions, gifts, grants, and similar amounts received$50,499
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$4
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$54,428
Total net assets$124,969
Deficit for the year$-3,926
Net assets or fund balances at beginning of year$114,819
Other changes in net assets or fund balances$14,076
Balance Sheets (for 2011)
Total assets$124,969
Total liabilities$0
Net assets or fund balances$124,969
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$217,217
Gifts, grants, contributions, and membership fees received$204,176
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$4,220
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$8,822
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