Nm Building Education Foundation
- Assets
- $33.5k
- Revenue
- $47.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 08/1989
- Data as of
- 12/2021
- EIN
- 85-0376929
Organization Overview
Nm Building Education Foundation is located in Albuquerque, NM. The organization was established in 1989. According to its NTEE Classification (U01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NM Building Education Foundation 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, NM Building Education Foundation generated $47.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $47.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS RE-PURPOSED IN 2014 BY ITS SPONSOR, ASSOCIATED GENERAL CONTRACTORS OF NM. IT GATHERS AND SHARES INDUSTRY RESOURCES FOR CAREER READINESS AND WORKFORCE DEVELOPMENT INITIATIVES THAT BEST PREPARE UNDEREMPLOYED YOUTH AND COMMUNITIES OF ADULTS. THE GOAL REMAINS TO DIRECT & TRANSFORM CAREER-READY PROGRAMS THAT MEET BOTH EMPLOYER NEEDS AND WORKER OPPORTUNITIES. 2018 FOCUSED ON THE GALLUP MCKINLEY REGION THROUGH A PLANNING GRANT FUNDED BY W.K. KELLOGG FOUNDATION. THE WORKFORCE DEVELOPMENT GOAL FOR THE GALLUP MCKINLEY REGION IS TO COMMUNICATE, CONNECT AND EMPLOY. THIS PARTNERSHIP IS RETHINKING THE RELATIONSHIP BETWEEN SCHOOLS, EMPLOYERS, BUSINESS LEADERS, GOVERNMENT OFFICIALS, EDUCATORS AND FAMILIES. "CONNECTED INSTRUCTION" INTEGRATES INDUSTRY-DRIVEN CURRICULUM WITH APPLIED LEARNING TO EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shad James President | 1 | $0 | |
Patrick Shaw Director | 1 | $0 | |
Jason Revels Director | 1 | $0 | |
Marni Goodrich Director | 1 | $0 | |
Aaron Stricker Director | 1 | $0 | |
Anne Black Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $504 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,603 |
| Total Revenue | $47,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,678 |
| Total operating and administrative expenses | $37,703 |
| Contributions, gifts, grants paid | $9,417 |
| Total expenses and disbursements | $47,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,867 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $9,600 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,467 |
| Accounts payable and accrued expenses | $15,632 |
| Grants payable | $0 |
| Deferred revenue | $4,270 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,404 |
| Total liabilities | $21,306 |
Grants Awarded
Over the last fiscal year, Nm Building Education Foundation has awarded $1,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Albuquerque, NM PURPOSE: EDUCATION & SCHOOL ASSISTANCE | $900 |
AGC UNM STUDENT CHAPTER PURPOSE: EDUCATION & SCHOOL ASSISTANCE | $800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nm Building Education Foundation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
W K Kellogg Foundation Battle Creek, MI PURPOSE: IMPROVE ECONOMIC SECURITY OF LOW-INCOME INDIVIDUALS IN MCKINLEY COUNTY, NEW MEXICO, BY PLANNING AND PILOTING AN INDUSTRY-DRIVEN CAREER EDUCATION PATHWAY INTO REGIONAL, HIGHER-QUALITY, GROWTH OCCUPATIONS | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bootstrap Org Inc Broomfield, CO | $38,949,196 | $21,730,821 |
Southern Gas Association Gas Machinery Research Council Dallas, TX | $4,250,621 | $1,049,454 |
Texas Grain Sorghum Association Inc Salado, TX | $211,690 | $408,036 |
Austin Tech Alliance Austin, TX | $45,517 | $0 |
Nm Building Education Foundation Albuquerque, NM | $33,467 | $47,107 |
March For Science-Southern Arizona Cortaro, AZ | $1,417 | $6,404 |