U N M Lobo Club
- Assets
- $4.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 11/1968
- Data as of
- 06/2021
- EIN
- 85-6018840
Organization Overview
U N M Lobo Club is located in Albuquerque, NM. The organization was established in 1968. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U N M Lobo Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, U N M Lobo Club generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNM LOBO CLUB RAISES FUNDS NECESSARY TO PROVIDE FINANCIAL SUPPORT FOR STUDENT-ATHLETE SCHOLARSHIPS, FACILITIES, PROGRAMS THAT SUPPORT STUDENT- ATHLETE SUCCESS, AND OPERATIONAL SUPPORT TO CREATE AN ATHLETICS PROGRAM OF EXCELLENCE FOR THE UNIVERSITY OF NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING ACTIVITIES AND PROGRAMS FOR THE BENEFIT OF THE ATHLETIC DEPARTMENT OF THE UNIVERSITY OF NEW MEXICO THAT ASSISTS THE DEPARTMENT IN SUPPORTING FACILITIES AND STUDENT-ATHLETES.
UNM LOBO CLUB RAISES FUNDS NECESSARY TO PROVIDE FINANCIAL SUPPORT FOR STUDENT-ATHLETE SCHOLARSHIPS, FACILITIES, PROGRAMS THAT SUPPORT STUDENT- ATHLETE SUCCESS, AND OPERATIONAL SUPPORT TO CREATE AN ATHLETICS PROGRAM OF EXCELLENCE FOR THE UNIVERSITY OF NEW MEXICO.
FUNDRAISING ACTIVITIES AND PROGRAMS FOR THE BENEFIT OF THE ATHLETIC DEPARTMENT OF THE UNIVERSITY OF NEW MEXICO THAT ASSISTS THE DEPARTMENT IN SUPPORTING FACILITIES AND STUDENT-ATHLETES.
UNM LOBO CLUB RAISES FUNDS NECESSARY TO PROVIDE FINANCIAL SUPPORT FOR STUDENT-ATHLETE SCHOLARSHIPS, FACILITIES, PROGRAMS THAT SUPPORT STUDENT- ATHLETE SUCCESS, AND OPERATIONAL SUPPORT TO CREATE AN ATHLETICS PROGRAM OF EXCELLENCE FOR THE UNIVERSITY OF NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jalen Dominguez Executive Di | OfficerTrustee | 40 | $0 |
Bart Kinney Past Preside | OfficerTrustee | 2 | $0 |
Sherman Mccorkle Director | OfficerTrustee | 2 | $0 |
Dale Armstrong Director | Trustee | 2 | $0 |
Adrian Chavez Director | Trustee | 2 | $0 |
Norm Burns Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,874,523 |
| Noncash contributions included in lines 1a–1f | $7,391 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,874,523 |
| Total Program Service Revenue | $0 |
| Investment income | $11,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $87,738 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,973,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,427 |
| Advertising and promotion | $28,631 |
| Office expenses | $3,669 |
| Information technology | $14,457 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,192 |
| All other expenses | $180,602 |
| Total functional expenses | $2,104,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113 |
| Savings and temporary cash investments | $4,067,170 |
| Pledges and grants receivable | $8,596 |
| Accounts receivable, net | $33,001 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,544 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,128,424 |
| Accounts payable and accrued expenses | $242,771 |
| Grants payable | $1,100,000 |
| Deferred revenue | $632,123 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,974,894 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,153,530 |
| Total liabilities and net assets/fund balances | $4,128,424 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that U N M Lobo Club has recieved totaling $40,351.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $38,200 |
Bhai Jaita Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
John L Santikos Charitable Foundation San Antonio, TX | $496,690,264 | -$37,218,989 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Sparkjoy Foundation Salt Lake City, UT | $86,245,916 | $12,155,838 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
Mdc Richmond American Homes Foundation Denver, CO | $62,577,099 | $11,290,556 |
Goodwill Of Colorado Colorado Springs, CO | $19,789,763 | $4,278,008 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |