Nchems Management Services Inc
- Assets
- $887.5k
- Revenue
- $43.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 10/1984
- Data as of
- 09/2022
- EIN
- 84-0947696
Organization Overview
Nchems Management Services Inc is located in Boulder, CO. The organization was established in 1984. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, 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. Nchems Management Services 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 09/2022, Nchems Management Services Inc generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $70.8k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT RESEARCH AND DISSEMINATE INFORMATION FOR IMPROVED MANAGEMENT OF INSTITUTIONS OF HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING RESEARCH ON MANAGEMENT OF INSTITUTIONS OF HIGHER EDUCATION AND MAKING RECOMMENDATIONS BASED ON THE RESEARCH TO THOSE RESPONSIBLE FOR THE MANAGEMENT OF SUCH INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Prescott President | OfficerTrustee | 1 | $0 |
Sally Johnstone Vice Pres/treas | OfficerTrustee | 1 | $0 |
Rhonda Epper 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,438 |
| Investment income | $1,622 |
| 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 | $43,060 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,464 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,600 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $705 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $887,492 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $887,492 |
| Accounts payable and accrued expenses | $4,500 |
| 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 | $4,500 |
| Net assets without donor restrictions | $882,992 |
| Net assets with donor restrictions | $0 |
| 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 | $887,492 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nchems Management Services Inc has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: SUPPORT AND MANAGE A COMPETITIVE GRANT PROGRAM CALLED THE DATA FOR THE AMERICAN DREAM | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Careerwise Colorado Denver, CO | $4,848,790 | $6,258,093 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Minga Education Group Peyton, CO | $63,725 | $3,961,328 |
K-State Union Corporation Manhattan, KS | $7,214,331 | $4,559,696 |
Multilateral Endowment Management Company Edmond, OK | $918,741 | $2,430,214 |
Dual Language Education Of New Mexico Albuquerque, NM | $1,700,736 | $2,673,763 |
Hers Denver, CO | $2,564,797 | $1,973,261 |
Future Focused Education Albuquerque, NM | $1,699,690 | $1,944,772 |
United School Administrators Inc Topeka, KS | $634,454 | $1,417,531 |
Leman Educational Services Inc Tucson, AZ | $875 | $794,267 |
Strengthbuilding Partners Tucson, AZ | $214,827 | $939,701 |
Utah Association Of Public Charter Schools American Fork, UT | $778,526 | $886,550 |