Enchantment Legacy
- Assets
- $753.8k
- Revenue
- $955.3k
- Investments
- $0.0
- Employees
- 56
- Location
- Estancia, NM
- Founding
- 02/2007
- Data as of
- 06/2024
- EIN
- 84-1692566
Organization Overview
Enchantment Legacy is located in Estancia, NM. The organization was established in 2007. 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 06/2024, Enchantment Legacy employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Enchantment Legacy 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 06/2024, Enchantment Legacy generated $955.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $714.7k during the year ending 06/2024. While expenses have increased by 10.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING CUSTODIAL CARE FOR ELDERLY AND DISABLED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CUSTODIAL CARE FOR ELDERLY AND DISABLED ADULTS
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 |
|---|---|---|---|
Bonny Stock Director | Trustee | 1 | $0 |
Jesse Dudley Director | Trustee | 1 | $0 |
Shirley Maldonado Executive Board Member | Trustee | 1 | $0 |
Linda Griffin Director | Trustee | 1 | $0 |
Leah Riley Director | Trustee | 1 | $0 |
Cindy Abbott Chair | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $236,170 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,545 |
| Total Program Service Revenue | $693,859 |
| Investment income | $7,874 |
| 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 | $955,278 |
| 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 | $2,326 |
| 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 | $604,323 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,471 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,864 |
| Advertising and promotion | $3,094 |
| Office expenses | $13,680 |
| Information technology | $300 |
| Royalties | $0 |
| Occupancy | $6,340 |
| Travel | $19,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,557 |
| Interest | $8,751 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,111 |
| Insurance | $12,595 |
| All other expenses | $0 |
| Total functional expenses | $714,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,763 |
| Savings and temporary cash investments | $479,044 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $694 |
| 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 | $143,318 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $753,819 |
| Accounts payable and accrued expenses | $3,783 |
| 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 | $96,767 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $100,550 |
| Net assets without donor restrictions | $0 |
| 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 | $653,269 |
| Total liabilities and net assets/fund balances | $753,819 |