Excellent Schools New Mexico
- Assets
- $1.8m
- Revenue
- $512.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Albuquerque, NM
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-1988916
Organization Overview
Excellent Schools New Mexico is located in Albuquerque, NM. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 12/2021, Excellent Schools New Mexico employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excellent Schools New Mexico 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 12/2021, Excellent Schools New Mexico generated $512.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $910.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Excellent Schools New Mexico has awarded 20 individual grants totaling $1,817,365. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXCELLENT SCHOOLS NEW MEXICO IS NONPROFIT ORGANIZATION THAT IDENTIFIES NEW MEXICOS MOST PROMISING PUBLIC SCHOOLS AND SCHOOL LEADERS, MAKES DATA-DRIVEN INVESTMENTS TO FUND THEIR GROWTH, AND PROVIDES ONGOING SUPPORT TO EXPAND THEIR IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXCELLENT SCHOOLS NEW MEXICO MADE INVESTMENTS TO INCUBATE, GROW, AND IMPROVE STUDENT OUTCOMES AT SEVERAL NEW MEXICO SCHOOLS, AS WELL AS LAUNCH AN EDUCATION FELLOWSHIP GEARED TOWARDS NEW MEXICO CIVIC LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hindman Executive Dir. | Officer | 60 | $184,479 |
Ron Rivera Fin Comm Chair | OfficerTrustee | 1 | $0 |
Pat Mcdonough Chairman | OfficerTrustee | 2 | $0 |
Joe Lujan Director | Trustee | 1 | $0 |
Kurt Sommer Director | Trustee | 1 | $0 |
Alan Bell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $470,193 |
| Noncash contributions included in lines 1a–1f | $74,645 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,993 |
| Total Program Service Revenue | $18,200 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $512,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,860 |
| 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. | $193,494 |
| Compensation of current officers, directors, key employees. | $29,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,728 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,037 |
| Payroll taxes | $20,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,721 |
| Fees for services: Accounting | $14,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $378,744 |
| Advertising and promotion | $0 |
| Office expenses | $28,218 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,662 |
| 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 | $5,721 |
| All other expenses | $0 |
| Total functional expenses | $910,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,431,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $63,200 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $280,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,152 |
| 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 | $1,796,096 |
| Accounts payable and accrued expenses | $104,705 |
| 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 | $0 |
| Total liabilities | $104,705 |
| Net assets without donor restrictions | $1,476,779 |
| Net assets with donor restrictions | $214,612 |
| 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 | $1,796,096 |
Grants Awarded
Over the last fiscal year, Excellent Schools New Mexico has awarded $155,860 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALBUQUERQUE COLLEGIATE INC PURPOSE: Grade level and enrollment | $100,000 |
Boston, MA PURPOSE: New BES Fellow recruitment | $30,000 |
Santa Fe, NM PURPOSE: Supporting NDI at MAS Charter Sch | $25,860 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Excellent Schools New Mexico has recieved totaling $564,640.
| Awarding Organization | Amount |
|---|---|
New Schools Fund Oakland, CA PURPOSE: INNOVATIVE SCHOOLS | $215,000 |
Louis Calder Foundation Denver, CO PURPOSE: SCHOOL GROWTH | $150,000 |
Louis Calder Foundation Denver, CO PURPOSE: SCHOOL GROWTH | $100,000 |
Daniels Fund Denver, CO PURPOSE: FIVE-YEAR PLAN FACILITATION: NEW MEXICO STUDENT SUCCESS COALITION | $49,623 |
Thomas R Nickoloff Family Foundation Santa Fe, NM PURPOSE: LONG-TERM STRATEGIC GROWTH PLAN FOR CHARTER SCHOOL | $40,000 |
Santa Fe Community Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
Jubilee Academic Center Inc San Antonio, TX | $137,938,000 | $77,234,033 |
Asu Preparatory Academy Tempe, AZ | $49,146,223 | $66,068,953 |
Utah Charter Academies Draper, UT | $87,193,817 | $47,458,045 |
Strive Preparatory Schools Denver, CO | $16,366,153 | $54,741,372 |
Kipp Colorado Schools Denver, CO | $14,636,055 | $38,026,869 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Goal Academy Pueblo, CO | $51,570,908 | $48,674,529 |
East Texas Advanced Academies Longview, TX | $2,379,457 | $32,700,344 |
Basis Texas Charter Schools Inc San Antonio, TX | $92,451,409 | $31,933,223 |
Spectrum Academy North Salt Lake City, UT | $38,407,104 | $29,729,025 |