National College Of Midwifery Inc
- Assets
- $847.8k
- Revenue
- $618.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Taos, NM
- Founding
- 04/1991
- Data as of
- 09/2022
- EIN
- 85-0387957
Organization Overview
National College Of Midwifery Inc is located in Taos, NM. The organization was established in 1991. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 09/2022, National College Of Midwifery Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National College Of Midwifery Inc 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 09/2022, National College Of Midwifery Inc generated $618.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $638.1k during the year ending 09/2022. While expenses have increased by 17.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASPIRING DIRECT-ENTRY MIDWIVES WITH ACCESS TO SUPERLATIVE CLINICAL AND DIDACTIC EDUCATION CULMINATING IN AN ACCREDITED DEGREE EMPHASIZING MATERNAL AND INFANT RISK-REDUCTION. THE DEGREE PROGRAMS OF THE NATIONAL COLLEGE OF MIDWIFERY ARE IMPLEMENTED IN DIVERSE LEARNING ENVIRONMENTS CHOSEN BY THE STUDENT AND THE PRECEPTOR, FROM INDIVIDUAL AND GROUP APPRENTICESHIPS, TO CLASSROOM SETTINGS, ALLOWING FOR MULTIPLE APPROACHES TO LEARNING WHILE REQUIRING A HIGH DEGREE OF INITIATIVE AND DISCIPLINE FROM THE STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING MIDWIVES IN A VARIETY OF HEALTH CARE SETTINGS. DURING FY 2021-2022 27 STUDENTS GRADUATED, 66 NEW ENROLLMENTS. THE TOTAL NUMBER OF STUDENTS ENROLLED DURING THE YEAR TOTALLED 152. THE ORGANIZATION STRIVES FOR THE DEVELOPMENT OF EXPANDING LEARNING OBJECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Smith-Johnson Director | Trustee | 40 | $29,165 |
Martha Andrew Director | Trustee | 40 | $22,460 |
Monica Esparza VP / Treasurer | OfficerTrustee | 1 | $0 |
Christina Castro Director | Trustee | 1 | $0 |
Ezra Depperman President/sec | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,215 |
| Total Program Service Revenue | $573,132 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,929 |
| 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 | $618,345 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $51,625 |
| Compensation of current officers, directors, key employees. | $12,906 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $274,224 |
| Pension plan accruals and contributions | $4,543 |
| Other employee benefits | $0 |
| Payroll taxes | $25,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82 |
| Fees for services: Accounting | $17,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,836 |
| Advertising and promotion | $3,277 |
| Office expenses | $1,889 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,009 |
| Travel | $8,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,143 |
| Insurance | $13,611 |
| All other expenses | $0 |
| Total functional expenses | $638,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,731 |
| Savings and temporary cash investments | $126,106 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $251,554 |
| 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 | $202,433 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,824 |
| Accounts payable and accrued expenses | $10,603 |
| 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 | $177,893 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,500 |
| Total liabilities | $192,996 |
| Net assets without donor restrictions | $654,828 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $847,824 |