San Juan College Foundation
- Assets
- $27.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Farmington, NM
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 23-7272197
Organization Overview
San Juan College Foundation is located in Farmington, NM. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, San Juan College Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Juan College Foundation 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 06/2022, San Juan College Foundation generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, San Juan College Foundation has awarded 27 individual grants totaling $28,405,424. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SAN JUAN COLLEGE FOUNDATION IS TO PROVIDE PRIVATE SECTOR RESOURCES FOR THE ADVANCEMENT OF SAN JUAN COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAN JUAN COLLEGE FOUNDATION ACTS PRIMARILY AS A FUNDRAISING ORGANIZATION TO SUPPLEMENT THE RESOURCES THAT ARE AVAILABE TO SAN JUAN COLLEGE (A NEW MEXICO STATE GOVERNMENTAL COLLEGE). ALTHOUGH THE COLLEGE DOES NOT CONTROL THE TIMING OR AMOUNT OF RECEIPTS FROM THE FOUNDATION, THE MAJORITY OF RESOURCES, OR INCOME THEREON THAT THE FOUNDATION HOLDS AND INVESTS ARE RESTRICTED TO THE ACTIVITIES OF THE COLLEGE BY THE DONORS. THE ORGANIZATION PROVIDED SCHOLARSHIP SUPPORT TO APPROXIMATELY 1,105 STUDENTS VALUED AT $532,925. IN ADDITION, IT PROVIDED SUPPORT FOR AWARDS, PROGRAMS, AND RELATIONS VALUED AT $442,601 TO SAN JUAN COLLEGE. THE ORGANIZATION REIMBURSED SAN JUAN COLLEGE $316,295 FOR OPERATIONAL EXPENSES INCURRED BY THE COLLEGE TO OPERATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle A Dean Executive Dir. | OfficerTrustee | 40 | $110,863 |
Mark Stockham Secretary | OfficerTrustee | 1 | $0 |
Dr Toni Pendergrass Director | OfficerTrustee | 40 | $0 |
Brandon Jakino Treasurer | OfficerTrustee | 1 | $0 |
Kathy Jo Myers Vice President | OfficerTrustee | 1 | $0 |
Danny Beyhan Director | Trustee | 1 | $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 | $1,136,083 |
| Noncash contributions included in lines 1a–1f | $18,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,136,083 |
| Total Program Service Revenue | $0 |
| Investment income | $507,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $26,643 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,084,023 |
| Net Income from Fundraising Events | -$23,240 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,731,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $975,526 |
| 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. | $110,863 |
| Compensation of current officers, directors, key employees. | $55,432 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,960 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $178,513 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,685 |
| Office expenses | $33,006 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,597 |
| 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 | $141,470 |
| Insurance | $9,811 |
| All other expenses | $0 |
| Total functional expenses | $1,667,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,967 |
| Savings and temporary cash investments | $76,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,805,357 |
| Investments—publicly traded securities | $25,296,595 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,770 |
| Total assets | $27,426,683 |
| Accounts payable and accrued expenses | $7,775 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $305,034 |
| Total liabilities | $312,809 |
| Net assets without donor restrictions | $7,621,376 |
| Net assets with donor restrictions | $19,492,498 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $27,426,683 |
Grants Awarded
Over the last fiscal year, San Juan College Foundation has awarded $975,526 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Farmington, NM PURPOSE: STUDENT SCHOLARSHIPS | $532,925 |
Farmington, NM PURPOSE: PROGRAM SUPPORT | $442,601 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that San Juan College Foundation has recieved totaling $157,280.
| Awarding Organization | Amount |
|---|---|
Merrion Family Foundation Wilmington, DE PURPOSE: FACE KICKSTART SCHOLARSHIP FUND | $30,000 |
Westmeath Foundation Wilmington, DE PURPOSE: CLEAR PROGRAM AT SAN JUAN COLLEGE | $26,300 |
Westmeath Foundation Wilmington, DE PURPOSE: FOOD SECURITY PROJECTS AT THE HARVEST FOOD HUB | $25,000 |
Westmeath Foundation Wilmington, DE PURPOSE: SAN JUAN COLLEGE VETERAN CENTER IMPROVEMENT PROJECT | $25,000 |
Merrion Family Foundation Wilmington, DE PURPOSE: MERRION HONORS PROGRAM | $25,000 |
Pierce Family Foundation Farmington, NM PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES | $10,000 |
Endowment Analysis
| Beg. Balance | $19,759,253 |
| Earnings | -$3,250,643 |
| Net Contributions | $489,426 |
| Other Expense | $108,552 |
| Grants | $421,207 |
| Ending Balance | $16,468,277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Childrens Womens Specialists Houston, TX | $84,810,627 | $8,522,353 |
Child Care Plus Training & Development Center Inc Montgomery, TX | $1,071,793 | $6,895,362 |
Naca-Inspired Schools Network Albuquerque, NM | $4,333,179 | $4,644,398 |
Unizin Ltd Austin, TX | $2,802,799 | $4,764,216 |
Sss Education Foundation Mesquite, TX | $79,366,180 | $3,445,001 |
Chandler School Boosters Inc Chandler, AZ | $2,971,586 | $4,921,052 |
Carruth Center Inc Houston, TX | $315,119 | $4,215,286 |
Denver Early Childhood Council Denver, CO | $1,380,072 | $3,651,532 |
Texas Association For The Education Of Young Children Austin, TX | $635,523 | $2,896,226 |
Colorado Digital Learning Solutions Broomfield, CO | $1,575,239 | $3,108,824 |
Pencil Box Inc Tulsa, OK | $4,507,396 | $4,826,837 |
Rio-South Texas Education And Community Development Fdn Inc Mission, TX | $43,626,836 | $12,367,166 |