NMC INC

EIN: 260370262 501(c)(3) Education

LOS ALAMOS, NM

Total Revenue
$18,360,316
Total Expenses
$17,489,760
Total Assets
$12,187,180
Net Assets
$8,932,584
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NM
Principal Officer
JOHN R ENGEN
Phone
5054124200
Tax Period
2024-07-01 to 2025-06-30

NMC INC, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $18.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $17.5M left a modest 5% surplus.

Mission

NEW MEXICO CONSORTIUM (NMC) INTEGRATES THE NEEDS OF NEW MEXICO'S RESEARCH UNIVERSITIES TO BUILD LIASON RESEARCH BETWEEN LOCAL UNIVERSITIES AND ORGANIZATIONS. NMC BUILDS STRATEGIC CONNECTIONS WITH SCIENTIFIC INSTITUTIONS THROUGHOUT THE WORLD IN ORDER TO SUPPORT RESEARCH AND EDUCATION IN THE PUBLIC INTEREST. NMC DEVELOPS AND PURSUES RESEARCH AND EDUCATION PROGRAMS IN THE SCIENTIFIC FIELDS.

Program Service Accomplishments

Program 1
Expenses: $15,867,085 Revenue: $17,123,584

SCIENTIFIC RESEARCH AND COLLABORATIVE PROGRAMS WITH INSTITUTIONAL AND INDUSTRIAL TEAMS WHO COORDINATE AND LEAD COLLABORATIVE RESEARCH PROJECTS IN THE FOLLOWING AREAS: 1. THE ULTRASCALE SYSTEMS...

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SCIENTIFIC RESEARCH AND COLLABORATIVE PROGRAMS WITH INSTITUTIONAL AND INDUSTRIAL TEAMS WHO COORDINATE AND LEAD COLLABORATIVE RESEARCH PROJECTS IN THE FOLLOWING AREAS: 1. THE ULTRASCALE SYSTEMS RESEARCH CENTER (USRC) IS A COLLABORATIVE CENTER FOCUSED ON RESEARCH TO SUPPORT HIGH PERFORMANCE COMPUTING AT EXASCALE AND BEYOND, ESTABLISHED TO FOSTER COLLABORATION IN EXASCALE RESEARCH. 2. NASA VAN ALLEN PROBES MISSION SCIENCE SUPPORT (NASA). 3. FUNDS TO LOCAL UNIVERSITIES AND COLLEGES IN SUPPORT FOR THE IMPROVEMENT OF CAPABILITIES, COURSE MATERIALS, AND EXPERIENCE-BASED ACADEMIC LEARNING THAT LEADS TO A BETTER TRAINED WORKFORCE ENTERING AND SUPPORTING LANLS MISSION NNSA SUPPORTED). 4. RESEARCH COLLABORATION AGREEMENT FOR THE COLLABORATION FOR AIDS VACCINE DISCOVERY AND COMPREHENSIVE ANTIBODY VACCINE IMMUNE MONITORING CONSORTIUM (GATES FOUNDATION). 5. RESEARCH AT THE NMC INCLUDES ADVANCED COMPUTING, BIOFUELS, BIOMEDICAL AND HUMAN HEALTH, CLIMATE CHANGE, HYDROLOGY, MATERIAL SCIENCE, NEUROMORPHIC COMPUTING, PLANT BIOLOGY AND AGRICULTURE, PHYSICS, SEISMIC RESEARCH, AND SPACE SCIENCE. 6. CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE. THE MISSION OF CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE IS TO ADVANCE NEXT GENERATION TOOLS, TECHNOLOGIES, AND SCIENCE IN SUPPORT OF ECOSYSTEMS, CONSERVATION, AND CULTURAL RESOURCE MANAGEMENT AND RESEARCH. THEY DRAW FROM EXPERTISE IN FIRE BEHAVIOR AND ECOSYSTEM PROCESS MODELING, FIELD-BASED CONSERVATION AND WILDLIFE STUDIES, QUANTITATIVE FIRE ARCHAEOLOGY AND FIRE EFFECTS, PALEO- FIRE STUDIES, ADVANCED FUELS MAPPING, AND REMOTE SENSING. CENTER SCIENTISTS WORK CLOSELY WITH FEDERAL, TRIBAL, AND ACADEMIC PARTNERS TO DEVELOP TOOLS AND SCIENCE TO INFORM CONSERVATION AND MANAGEMENT OF CULTURAL AND NATURAL RESOURCES ACROSS THE US. 7. ADVANCED COMPUTING PROGRAM ENABLES CUTTING-EDGE RESEARCH, COLLABORATION, AND WORKFORCE DEVELOPMENT BY PROVIDING ACCESS TO HIGH-PERFORMANCE COMPUTING (HPC), DATA-INTENSIVE RESOURCES, ARTIFICIAL INTELLIGENCE, AND EMERGING TECHNOLOGIES SUCH AS QUANTUM COMPUTING. THROUGH STRATEGIC PARTNERSHIPS WITH UNIVERSITIES, NATIONAL LABORATORIES, AND INDUSTRY, NMC ADVANCES COMPUTATIONAL CAPABILITIES THAT SUPPORT SCIENTIFIC DISCOVERY, INNOVATION, AND REGIONAL AND NATIONAL RESEARCH PRIORITIES.

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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 $1,071,525
Program Service Revenue $17,123,584
Investment Income $165,207
Other Revenue $0
TOTAL REVENUE $18,360,316

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,203,764
Fundraising Expenses $0
Program Expenses $15,867,085
Other Expenses $9,285,996
TOTAL EXPENSES $17,489,760

Year-over-Year Comparison

2024 2023 Change
Revenue $18,360,316 $14,103,483 +0.3%
Expenses $17,489,760 $13,926,453 +0.3%
Net Income $870,556 $177,030 +3.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
90
Volunteers
N/A

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
6
$631,675
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX LOVELL TROY RESEARCH SCI 40.00
Highest
$243,246 $16,790 $260,036
JOHN R ENGEN CEO 40.00
Officer
$228,612 $26,316 $254,928
JOHN MICHAEL BENT RESEARCH SCI 40.00
Highest
$210,882 $41,223 $252,105
DR UGANDHAR PORLA RESEARCH SCI 40.00
Highest
$177,763 $21,219 $198,982
IRINA IZVEKOVA COO 40.00
Officer
$164,100 $34,382 $198,482
DAVID A KNIGHT RESEARCH SCI 40.00
Highest
$170,868 $17,842 $188,710
GREG DYE CFO 40.00
Officer
$150,270 $27,995 $178,265
DR CARLOS ROMERO DIRECTOR 2.00
Director
$0 $0 $0
DR ELLEN FISHER DIRECTOR 2.00
Director
$0 $0 $0
DR HENGAMEH RAISSY CHAIR 2.00
Officer Director
$0 $0 $0
DR J PATRICK FITCH DIRECTOR 2.00
Director
$0 $0 $0
DR DUNCAN MCBRANCH DIRECTOR 2.00
Director
$0 $0 $0
LIQUE COOLEN VICE CHAIR/T 2.00
Officer Director
$0 $0 $0
VIMAL CHAITANYA SECRETARY 2.00
Officer Director
$0 $0 $0
PATRICIA SULLIVAN DIRECTOR 2.00
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 $18,360,316 $17,489,760 $12,187,180 $870,556
2024 No data No data No data No data
2023 $18,885,428 $15,474,303 $13,272,348 $3,411,125
2022 $12,482,692 $12,238,821 $7,880,970 $243,871
2021 $11,151,295 $10,833,269 $8,318,653 $318,026
2020 $18,891,056 $17,251,659 $7,739,929 $1,639,397
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