NEW MEXICO HIGHLANDS UNIVERSITY FO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

PAUL GRINDSTAFF

Phone

5054543039

Tax Period

2024-07-01 to 2025-06-30

NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC, founded in 1984, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.5M left a modest 14% surplus.

Mission

THE MISSION OF THE NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION IS TO PROVIDE SUPPORT TO BENEFIT STUDENTS OF THE UNIVERSITY AND THE UNIVERSITY AS A WHOLE THROUGH THE ACQUISITION, DEVELOPMENT, AND ADMINISTRATION OF FINANCIAL AND OTHER RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $268,185

THE FOUNDATION PROVIDES SCHOLARSHIP AWARDS AND RESEARCH GRANTS TO STUDENTS ATTENDING NEW MEXICO HIGHLANDS UNIVERSITY.

Program 2

Expenses: $659,081 Revenue: $17,794

THE FOUNDATION SOLICITS, RECEIVES AND MANAGES FUNDS CONTRIBUTED BY INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND OTHERS FOR THE BENEFIT OF NEW MEXICO HIGHLANDS UNIVERSITY, ITS FACULTY, AND ITS STUDENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,241,680

Program Service Revenue $0

Investment Income $517,243

Other Revenue $-33,253

TOTAL REVENUE $1,725,670

Expense Breakdown

Grants Paid $922,159

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $927,266

Other Expenses $563,265

TOTAL EXPENSES $1,485,424

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,725,670	$1,875,910	-0.1%
Expenses	$1,485,424	$1,491,812	0.0%
Net Income	$240,246	$384,098	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCE MARCHI	PRESIDENT	5.00	Officer Director	$0	$0	$0
VIOLA MARTINEZ	DIRECTOR	1.00	Officer Director	$0	$0	$0
FELICIA ORTIZ	TREASURER	1.00	Officer Director	$0	$0	$0
SHARI JONES	DIRECTOR	1.00	Director	$0	$0	$0
DR JAMES ABREU	DIRECTOR	1.00	Director	$0	$0	$0
LEAH SAIZ-WOLFF	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE MARRJUO	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CASSIDY	VICE PRESIDENT	1.00	Director	$0	$0	$0
ROMAN ROMERO	DIRECTOR	1.00	Director	$0	$0	$0
LOUELLA-MARR MONTOYA	DIRECTOR	1.00	Director	$0	$0	$0
JEANNAE LEGER	SECRETARY	1.00	Director	$0	$0	$0
VICTORIA SANCHEZ	DIRECTOR	1.00	Director	$0	$0	$0
ERNESTO FRESQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SOUTH	DIRECTOR	1.00	Officer Director	$0	$0	$0
DR PAUL GRINDSTAFF	EXECTUTIVE VP/DIR	20.00	Officer	$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	$1,725,670	$1,485,424	$34,655,523	$240,246
2024	$1,875,910	$1,491,812	$24,898,809	$384,098
2023	$3,310,694	$1,592,581	$22,544,225	$1,718,113
2022	$1,758,292	$1,688,390	$20,264,132	$69,902
2021	$2,216,109	$700,705	$21,680,797	$1,515,404
2020	$2,281,616	$826,838	$18,242,034	$1,454,778
2019	$1,534,897	$894,317	$17,313,174	$640,580
2018	$1,384,883	$925,658	$16,647,220	$459,225

NEW MEXICO HIGHLANDS UNIVERSITY FOUNDATION INC