Durango Education Center

Organization Overview

Durango Education Center, operating under the name Durango Adult Education Center, is located in Durango, CO. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Durango Adult Education Center employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durango Adult Education Center 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, Durango Adult Education Center generated $899.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $876.6k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF DURANGO EDUCATION CENTER, AS A CARING LEARNING COMMUNITY, IS TO FILL EDUCATIONAL GAPS BY PROVIDING THE SKILLS AND KNOWLEDGE NECESSARY FOR LIVABLE WAGE CAREERS, POSTSECONDARY EDUCATION, AND SOCIAL AND ECONOMIC MOBILITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

DAEC STUDENTS CONTINUED TO MEET OR EXCEED ALL EDUCATIONAL GOALS AS SET BY STATE AND FEDERAL GRANT STANDARDS. DAEC HAS CONTINUED TO FILL POSITIONS WITH HIGHLY QUALIFIED AND EXCELLENT STAFF, AND NUMBERS CONTINUE TO CLIMB BACK TOWARDS PREPANDEMIC LEVELS. THROUGH EXCELLENT PROGRAMS, A QUALIFIED AND DEDICATED STAFF AND BOARD OF DIRECTORS, PRUDENT AND CAREFUL BUDGETING AND FINANCIAL PRACTICES, DAEC WILL CONTINUE TO ENSURE THAT THESE IMPORTANT PROGRAMS CONTINUE TO THRIVE.


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Board, Officers & Key Employees

Name (title)Compensation
Kathleen Pierson
Treasurer
$0
Alison Aichele
Director
$0
Dean Brookie
Director
$0
Matthew Gomez
President
$0
Bruce Leclaire
Secretary
$0
Virginia Miller-Cavanagh
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $595,298
All other contributions, gifts, grants, and similar amounts not included above$303,307
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$898,605
Total Program Service Revenue$5,006
Investment income $1,646
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$7,388
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $899,100

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