Santa Teresa Charitable Foundation is located in Santa Teresa, NM. The organization was established in 2014. 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. Santa Teresa Charitable 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 12/2023, Santa Teresa Charitable Foundation generated $123.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $112.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ELEMENTARY AND SECONDARY EDUCATION AS WELL AS TO SUPPORT CIVIC EDUCATION.
Describe the Organization's Program Activity:
Part 3
COMPLETION OF THE VETERANS MEMORIAL PARK IN SANTA TERESA NEW MEXICO
SUPPORT SANTA TERESA PUBLIC SCHOOL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johnathos Cisneros Administrative | 20 | $12,576 | |
Jerry Pacheco Secretary | 2 | $0 | |
Joshua Orozco Director | 2 | $0 | |
Ilse Arreola Chairperson | 2 | $0 | |
Susana Cisneros Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $90,759 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9,552 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,200 |
Other Revenue | $0 |
Total Revenue | $123,511 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $13,614 |
Professional fees and other payments to independent contractors | $2,935 |
Occupancy, rent, utilities, and maintenance | $12,780 |
Printing, publications, postage, and shipping | $5,539 |
Other expenses | $77,838 |
Total expenses | $112,706 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $217,399 |
Other assets | $0 |
Total assets | $217,399 |
Total liabilities | $10,874 |
Net assets or fund balances | $206,525 |