certi}i'O

101 South Union Roswell, New Mexico 88203

J<!~~~erge

!i!ccountant, P. C.
(575) 627-7595 FAX (575) 627-7599

October 18, 2011 INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of the NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the accompanying statement of financial position of the NMMI Alumni Association, Inc. (the "Association"), a nonprofit organization, as of June 30, 2011, and the related statements of activities, functional expenses and cash flows for the year then ended. These financial statements are the responsibility of the Association's management. My responsibility is to express an opinion on these financial statements based on my audit. lconducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion. In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Association as of June 30, 2011, and the changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, I have also issued my report dated October 18, 2011, on my consideration of the Association's internal control over financial reporting and my tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of my testing on internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal-control over financial reporting or compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of my audit.

MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

NEW MEXICO SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

certiji'u 51ccouniani,
101 South Union

Jc;~~Jlerge

P. C.
(575) 627-7595 FAX (575) 627-7599

Roswell, New Mexico 88203

October 18,2011

REPORT ON INTERNAL CONTROL OVER FINANCIAL

REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Directors of the NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the financial statements of the NMMI Alumni Association, Inc. ("the Association"), as of and for the year ended June 30, 2011, and have issued my report thereon dated October 18, 2011. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Internal Control Over Financial Reporting In planning and performing my audit, I considered the Association's internal control over financial reporting as a basis for designing my auditing procedures for the purpose of expressing my opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I do not express an opinion on the effectiveness of the Association's internal control over financial reporting. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of control deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. My consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be deficiencies, significant deficiencies, or material weaknesses. I did not identify any deficiencies in internal control over financial reporting that I consider to be material weaknesses, as defined above.

15
MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS NEW MEXICO SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Board of Directors of the NMMI Alumni Association, Inc. October 18, 2011

Compliance and Other Matters As part of obtaining reasonable assurance about whether the Association's financial statements are free of material misstatement, I performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of my audit, and accordingly, I do not express such an opinion. The results of my tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. This report is intended solely for the information and use of the Board of Directors and management of the Association and is not intended to be and should not be used by anyone other than these specified parties.

16

certiji'O
101 South Union Roswell, New Mexico 88203

J<;~~]}erge 5!ccountant, P. C.
(575) 627 -7595 FAX (575) 627-7599

November 1,2010

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors ofthe NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the accompanying statement of financial position of the NMMI Alumni Association, Inc. (the "Association"), a nonprofit organization, as of June 30, 20 I0, and the related statements of activities, functional expenses and cash flows for the year then ended. These financial statements are the responsibility ofthe Association's management. My responsibility is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion. In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Association as of June 30, 2010, and the changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, I have also issued my report dated November 1, 2010, on my consideration of the Association's internal control over financial reporting and my tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of my testing on internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of my audit.

MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

NEW MEXICO SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

certijieO Accountant, P.e.

101 South Union Roswell, New Mexico 88203 (575) 627-7595 FAX (575) 627-7599

J,?~~J)erge

November 1,2010

REPORT ON INTERNAL CONTROL OVER FINANCIAL

REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Directors of the NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the financial statements of the NMMI Alumni Association, Inc. ("the Association"), as of and for the year ended June 30, 2010, and have issued my report thereon dated November 1, 2010. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Internal Control Over Financial Reporting In planning and performing my audit, I considered the Association's internal control over financial reporting as a basis for designing my auditing procedures for the purpose of expressing my opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I do not express an opinion on the effectiveness of the Association's internal control over financial reporting. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of control deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. My consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be deficiencies, significant deficiencies, or material weaknesses. I did not identify any deficiencies in internal control over financial reporting that I consider to be material weaknesses, as defined above.

15
MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS NEW MEXICO SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Board of Directors of the NMMI Alumni Association, Inc. November 1,2010 Compliance and Other Matters As part of obtaining reasonable assurance about whether the Association's financial statements are free of material misstatement, I performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of my audit, and accordingly, I do not express such an opinion. The results of my tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. I noted certain other matters that I reported to management of the Association in a separate letter dated November 1,2010. This report is intended solely for the information and use of the Board of Directors and management of the Association and is not intended to be and should not be used by anyone other than these specified parties.

16

certifieO
101 South Union Roswell, New Mexico 88203

J<;~~]]erge :Accountant, P.e.

(575) 627-7595 FAX (575) 627-7599

August 10,2010 INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of the NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the accompanying statement of financial position of the NMMI Alumni Association, Inc. (the "Association"), a nonprofit organization, as of June 30, 2009, and the related statements of activities, functional expenses and cash flows for the year then ended. These fmancial statements are the responsibility of Association's management. My responsibi lity is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion. In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Association as of June 30, 2009, and the changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, I have also issued my report dated August 10,2010, on my consideration of the Association's internal control over financial reporting and my tests of its compl iance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of my testing on internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of my audit.

MEMBER

OF AMERICAN

INSTITUTE

OF CERTIFIED

PUBLIC ACCOUNTANTS

NEW MEXICO SOCIETY

OF CERTIFIED

PUBLIC ACCOUNTANTS

certijieO
10 I South Union Roswell, New Mexico 88203

J~~~]}erge Jlccountont, c.
P.
(575) 627-7595 FAX (575) 627-7599

August 10,2010

REPORT ON INTERNAL CONTROL OVER FINANCIAL

REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Directors of the NMMI Alumni Association, Inc. 101 West College Boulevard Roswell, New Mexico 88201 I have audited the financial statements of the NMMI Alumni Association, Inc. ("the Association"), as of and for the year ended June 30, 2009, and have issued my report thereon dated August 10, 20 I 0. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General ofthe United States. Internal Control Over Financial Reporting In planning and performing my audit, I considered the Association's internal control over financial reporting as a basis for designing my auditing procedures for the purpose of expressing my opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control over financial reporting. Accordingly, I do not express an opinion on the effectiveness ofthe Association's internal control over financial reporting A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of control deficiencies, in internal control such that thereis a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented or detected and corrected on a timely basis. My consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be deficiencies, significant deficiencies, or material weaknesses. I did not identify any deficiencies in internal control over financial reporting that I consider to be material weaknesses, as defined above.

13
MEMBER Of: AMERICAN'INSTITUTE Of: CERTIf:IED PUBLIC ACCOUNTANTS NEW MEXICO SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Board of Directors of the NMMI Alumni Association, Inc. August 10,2010 Compliance and Other Matters As part of obtaining reasonable assurance about whether the Association's financial statements are free of material misstatement, I performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of my audit, and accordingly, I do not express such an opinion. The results of my tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. This report is intended solely for the information and use of the Board of Directors and management of the Association and is not intended to be and should not be used by anyone other than these specified parties.

14