NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION

EIN: 201415351 501(c)(3) Education

SOCORRO, NM

Total Revenue
$99,979
Total Expenses
$246,345
Total Assets
$3,306,664
Net Assets
$1,672,712
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NM
Principal Officer
DALE DEKKER
Phone
5758355658
Tax Period
2024-07-01 to 2025-06-30

NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION, founded in 2004, is a micro nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2024. Revenue surged 216% from the prior year, signaling strong growth momentum. Expenses of $246K exceeded revenue, resulting in a 146% operating deficit.

Mission

TO PROMOTE INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF PRIVATE INDUSTRIES TO NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, AND IF POSSIBLE, TO THE SOCORRO AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $41,726
Investment Income $58,253
Other Revenue $0
TOTAL REVENUE $99,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $203,026
Other Expenses $246,345
TOTAL EXPENSES $246,345

Year-over-Year Comparison

2024 2023 Change
Revenue $99,979 $31,646 +2.2%
Expenses $246,345 $157,509 +0.6%
Net Income $-146,366 $-125,863 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$293,677
Total Directors
19
$1,175,897
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DOYLE VICE PRESIDENT (THROUGH JANUARY 2025) 1.00
Officer Director
$0 $33,957 $293,677
RICHARD CERVANTES DIRECTOR (THROUGH APRIL 2025) 1.00
Director
$0 $29,832 $319,140
DR MYRRIAH TOMAR DIRECTOR 1.00
Director
$0 $21,726 $166,996
CALLUM BELL DIRECTOR 1.00
Director
$0 $0 $0
MEMO INAL SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DR MAHYAR AMOUZEGAR DIRECTOR 1.00
Director
$0 $89,134 $396,084
ERNIE C'DEBACA DIRECTOR (THROUGH SEPTEMBER 2024) 1.00
Director
$0 $0 $0
DALE DEKKER PRESIDENT 1.00
Officer Director
$0 $0 $0
JEB FLEMMING DIRECTOR (THROUGH SEPTEMBER 2024) 1.00
Director
$0 $0 $0
BEN HARBURG DIRECTOR (THROUGH SEPTEMBER 2024) 1.00
Director
$0 $0 $0
DR YOLANDA JONES KING VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DAMIEN OCAMPO DIRECTOR (THROUGH SEPTEMBER 2024) 1.00
Director
$0 $0 $0
DR WARREN OSTERGEN DIRECTOR 0.50
Director
$0 $0 $0
JOHN SAIZ DIRECTOR 1.00
Director
$0 $0 $0
LAWRENCE UDELL DIRECTOR 1.00
Director
$0 $0 $0
DELILAH WALSH DIRECTOR 1.00
Director
$0 $0 $0
DR LIQUE COOLEN DIRECTOR 1.00
Director
$0 $0 $0
WARD HENDON DIRECTOR 1.00
Director
$0 $0 $0
HAROLD LAVENDER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $99,979 $246,345 $3,306,664 $-146,366
2024 $31,646 $157,509 $3,239,455 $-125,863
2023 $29,537 $165,468 $2,816,676 $-135,931
2022 $1,645,926 $86,743 $2,441,450 $1,559,183
2021 $1,000 $114,219 $674,329 $-113,219
2020 $70,585 $1,608,857 $511,980 $-1,538,272
2019 $76,982 $447,029 $1,905,512 $-370,047
2018 $340,141 $38,024 $2,221,866 $302,117
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