Kit Carson Electric Education Foundation Inc
- Assets
- $63.5k
- Revenue
- $57.0k
- Investments
- $25.4k
- Employees
- 0
- Location
- Taos, NM
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 31-1578049
Organization Overview
Kit Carson Electric Education Foundation Inc is located in Taos, NM. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kit Carson Electric Education Foundation Inc 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 12/2022, Kit Carson Electric Education Foundation Inc generated $57.0k in total revenue. All expenses for the organization totaled $21.3k during the year ending 12/2022. While expenses have increased by 12.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Ortega President | 2 | $0 | |
Bruce Jassman Secretary | 1 | $0 | |
Manuel Medina Treasurer | 1 | $0 | |
Cristobal Duran Director | 1 | $0 | |
Arthur Rodarte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $961 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,964 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $259 |
| Printing and publications | $0 |
| Other expenses | $563 |
| Total operating and administrative expenses | $822 |
| Contributions, gifts, grants paid | $20,500 |
| Total expenses and disbursements | $21,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,067 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $63,499 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kit Carson Electric Education Foundation Inc has awarded $20,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
JUAN ARELANE PURPOSE: EDUCATION SCHOLARSHIP | $500 |
NATALIA FLORES PURPOSE: EDUCATION SCHOLARSHIP | $750 |
CALISIA MONTOYA PURPOSE: EDUCATION SCHOLARSHIP | $500 |
ODALYS GALINDO PURPOSE: EDUCATION SCHOLARSHIP | $750 |
KEENAN GREYWOLF PURPOSE: EDUCATION SCHOLARSHIP | $750 |
MARISSA ORTEGA PURPOSE: EDUCATION SCHOLARSHIP | $750 |