Enmr Education Foundation
- Assets
- $3.4m
- Revenue
- $309.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Clovis, NM
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 85-0385194
Organization Overview
Enmr Education Foundation is located in Clovis, NM. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Enmr 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, Enmr Education Foundation generated $309.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $170.1k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 4 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.
Since 2019, Enmr Education Foundation has awarded 353 individual grants totaling $535,505. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF ENMR TELEPHONE COOPERATIVE INC. AND TO THEIR IMMEDIATE FAMILY MEMBERS. IN ADDITION, THE COOPERATIVE PAID FOR SELECTED STUDENTS TO ATTEND WASHINGTON DC YOUTH TOUR.
TO PROVIDE GRANTS TO LOCAL SCHOOLS AND NON-PROFIT ORGANIZATIONS TO UPGRADE THEIR TECHNOLOGICAL EQUIPMENT. IN 2021, THE FOUNDATION GAVE GRANTS TO LOCAL SCHOOL DISTRICTS, LOCAL GOVERNMENTS, AND OTHER NON-PROFIT ORGANIZATIONS IN THE E.N.M.R. TELEPHONE COOPERATIVE SERVICE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Powhatan Carter III Secretary/treasurer | 1 | $0 | |
Larry Wallin President | 1 | $0 | |
Frank Garnett Vice President | 1 | $0 | |
Milo Aragon Director | 1 | $0 | |
Shirley Carter Director | 1 | $0 | |
Mabel Flores Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,822 |
| Interest on Savings | $1,069 |
| Dividends & Interest | $21,882 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,155 |
| Capital Gain Net Income | $36,155 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $309,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $428 |
| Total operating and administrative expenses | $15,108 |
| Contributions, gifts, grants paid | $155,012 |
| Total expenses and disbursements | $170,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,126,292 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,405,766 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $15,196 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,196 |
Grants Awarded
Over the last fiscal year, Enmr Education Foundation has awarded $155,012 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
ROY MUNICIPAL SCHOOLS PURPOSE: INNOVATIONS FOR SCHOOLS PUBLIC GRANT | $4,917 |
CLAYTON MUNICIPAL SCHOOLS PURPOSE: INNOVATIONS FOR SCHOOLS PUBLIC GRANT | $4,754 |
DISCOVERY EDUCATION INC PURPOSE: INNOVATIONS FOR SCHOOLS GRANT | $3,286 |
BAYLEE DELAYNE SOURS PURPOSE: SCHOLARSHIP | $3,000 |
LUKE A PHIPPS PURPOSE: SCHOLARSHIP | $3,000 |
KOELLE BRANDENBERGER PURPOSE: SCHOLARSHIP | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |