New Mexico Coalition For Literacy
- Assets
- $177.1k
- Revenue
- $957.2k
- Investments
- $0.0
- Employees
- 13
- Location
- Santa Fe, NM
- Founding
- 06/1988
- Data as of
- 06/2020
- EIN
- 85-0361082
Organization Overview
New Mexico Coalition For Literacy is located in Santa Fe, NM. The organization was established in 1988. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2020, New Mexico Coalition For Literacy employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Coalition For Literacy 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 06/2020, New Mexico Coalition For Literacy generated $957.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $984.4k during the year ending 06/2020. While expenses have increased by 4.2% per year over the past 6 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 2015, New Mexico Coalition For Literacy has awarded 96 individual grants totaling $2,274,968. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NEW MEXICO COALITION FOR LITERACY IS TO COORDINATE, EXPAND, AND ENHANCE NEW MEXICO PROGRAMS SO ADULTS CAN READ AND WRITE TO ACHIEVE THEIR GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NMCL PROVIDED OPERATING ASSISTANCE TO 12 PROGRAMS IN 12 COUNTIES THAT SERVED 903 ADULT STUDENTS WHO RECEIVED 480 ONE-TO-ONE AND GROUP INSTRUCTIONAL HOURS WITH THE HELP OF 460 VOLUNTEERTUTORS WHO CONTRIBUTED 28,174 HOURS OF THEIR TIME IN PREPARATION AND INSTRUCTION. 148 INDIVIDUALS RECEIVED PRE-SERVICE TUTOR TRAINING, BOARD TRAINING, IN-SERVICE TRAINING, PROFESSIONAL DEVELOPMENT, AND OUTREACH ASSISTANCE FOR RECRUITMENT AND TO RAISE AWARENESS. 43 INDIVIDUALS WERE RECRUITED AND REFERRED THROUGH THE NMCLS PR CAMPAIGN AND TOLL-FREE ADULT LITERACY HOTLINE.
NMCL PROVIDED OPERATING ASSISTANCE TO 12 PROGRAMS IN 12 COUNTIES THAT SERVED 903 ADULT STUDENTS WHO RECEIVED 480 ONE-TO-ONE AND GROUP INSTRUCTIONAL HOURS WITH THE HELP OF 460 VOLUNTEERTUTORS WHO CONTRIBUTED 28,174 HOURS OF THEIR TIME IN PREPARATION AND INSTRUCTION. 148 INDIVIDUALS RECEIVED PRE-SERVICE TUTOR TRAINING, BOARD TRAINING, IN-SERVICE TRAINING, PROFESSIONAL DEVELOPMENT, AND OUTREACH ASSISTANCE FOR RECRUITMENT AND TO RAISE AWARENESS. 43 INDIVIDUALS WERE RECRUITED AND REFERRED THROUGH THE NMCLS PR CAMPAIGN AND TOLL-FREE ADULT LITERACY HOTLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Heunermund Executive Director | Officer | 40 | $68,349 |
Braden Anderson President | OfficerTrustee | 1 | $0 |
Malcolm Winston Vice Presidenttreasurer | OfficerTrustee | 1 | $0 |
Spencer Wright Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Montoya Director | Trustee | 1 | $0 |
Jim Terr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,879 |
| Investment income | $95 |
| 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 | $957,169 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,589 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,774 |
| Advertising and promotion | $67 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,423 |
| Travel | $772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $271 |
| Insurance | $3,895 |
| All other expenses | $0 |
| Total functional expenses | $984,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $140,795 |
| 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 | $1,195 |
| Investments—publicly traded securities | $26,525 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $875 |
| Total assets | $177,105 |
| Accounts payable and accrued expenses | $97,768 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $37,900 |
| Other liabilities | $0 |
| Total liabilities | $135,668 |
| 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 |
| Total liabilities and net assets/fund balances | $41,437 |
Grants Awarded
Over the last fiscal year, New Mexico Coalition For Literacy has awarded $601,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: OPERATING ASSISTANCE & INSTRUCTIONAL MAT | $28,500 |
Santa Fe, NM PURPOSE: OPERATING ASSISTANCE & INSTRUCTIONAL MAT | $28,500 |
Deming, NM PURPOSE: OPERATING ASSISTANCE | $28,000 |
Moriarty, NM PURPOSE: OPERATING ASSISTANCE | $28,000 |
Silver City, NM PURPOSE: OPERATING ASSISTANCE | $28,000 |
Deming, NM PURPOSE: OPERATING ASSISTANCE | $28,000 |
Endowment Analysis
| Beg. Balance | $26,467 |
| Earnings | $115 |
| Admin Expense | $57 |
| Ending Balance | $26,525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Area Contractors Safety Council Pasadena, TX | $102,679,863 | $32,993,689 |
Educause Boulder, CO | $45,912,990 | $23,875,929 |
International School Of Denver Inc Denver, CO | $37,011,628 | $17,937,302 |
Aspen Global Change Institute Inc Basalt, CO | $40,273,287 | $16,176,198 |
Api Fund For Payroll Education Inc San Antonio, TX | $20,801,740 | $7,778,526 |
Texas Association Of School Business Officials Austin, TX | $13,552,555 | $8,546,890 |
Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
Wellmed Charitable Foundation San Antonio, TX | $5,288,908 | $6,529,021 |
M E B Alliance For Educator Diversity Inc Austin, TX | $22,314,291 | $21,147,131 |
Center For American And International Law Plano, TX | $32,656,244 | $3,952,050 |
Construction Education Foundation Inc Dfw Airport, TX | $1,773,818 | $2,270,031 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |