Navajo Technical College
- Assets
- $120.4m
- Revenue
- $48.5m
- Investments
- $0.0
- Employees
- 511
- Location
- Crownpoint, NM
- Founding
- 04/1984
- Data as of
- 05/2023
- EIN
- 85-0303705
Organization Overview
Navajo Technical College is located in Crownpoint, NM. The organization was established in 1984. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 05/2023, Navajo Technical College employed 511 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navajo Technical College 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 05/2023, Navajo Technical College generated $48.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $42.8m during the year ending 05/2023. While expenses have increased by 6.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NAVAJO TECHNICAL UNIVERSITY PROMOTES AWARENESS ABOUT EDUCATION AND CHARACTER TRAITS OF INTEGRITY AND LOYALTY TO NAVAJO INDIVIDUALS. NAVAJO TECHNICAL UNIVERSITY OFFERS QUALITY TECHNICAL, VOCATIONAL, AND ACADEMIC DEGREES AND EDUCATION IN A NONDISCRIMINATORY ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Platero Chairperson | OfficerTrustee | 2 | $0 |
Delores Greyeyes Vice Chair P | OfficerTrustee | 2 | $0 |
Dr Carolyn Morris Secretary/tr | OfficerTrustee | 2 | $0 |
Roselyn John Member | Trustee | 1 | $0 |
Gloria Grant Member | Trustee | 1 | $0 |
Jasmine Charley Student Sena | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dyron Murphy Architects Pc Professional | 5/30/23 | $667,688 |
Mick Rich Contractors Inc Construction | 5/30/23 | $306,692 |
Precision Environments Inc Professional | 5/30/23 | $208,156 |
American Fence Company Construction | 5/30/23 | $158,675 |
Harshwal & Company Llp Professional | 5/30/23 | $136,447 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,785,009 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,079,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,864,477 |
| Total Program Service Revenue | $1,068,202 |
| Investment income | $366,034 |
| 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 | $159,592 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,458,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,940,186 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,207 |
| Compensation of current officers, directors, key employees. | $50,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,431,686 |
| Pension plan accruals and contributions | $774,363 |
| Other employee benefits | $1,037,455 |
| Payroll taxes | $1,076,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,801 |
| Fees for services: Accounting | $124,234 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,313,588 |
| Advertising and promotion | $673,997 |
| Office expenses | $872,021 |
| Information technology | $539,771 |
| Royalties | $0 |
| Occupancy | $1,296,428 |
| Travel | $1,405,799 |
| 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 | $5,708,515 |
| Insurance | $521,514 |
| All other expenses | $455,266 |
| Total functional expenses | $42,756,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,883,814 |
| Savings and temporary cash investments | $2,897,605 |
| Pledges and grants receivable | $15,749,495 |
| Accounts receivable, net | $559,487 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $972,846 |
| Prepaid expenses and deferred charges | $259,932 |
| Net Land, buildings, and equipment | $47,322,569 |
| Investments—publicly traded securities | $18,469,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,329,931 |
| Total assets | $120,444,795 |
| Accounts payable and accrued expenses | $3,181,084 |
| Grants payable | $0 |
| Deferred revenue | $39,121,460 |
| 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 | $534,292 |
| Total liabilities | $42,836,836 |
| 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 | $77,607,959 |
| Total liabilities and net assets/fund balances | $120,444,795 |