Dual Language Education Of New Mexico
- Assets
- $1.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 14
- Location
- Albuquerque, NM
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 85-0477820
Organization Overview
Dual Language Education Of New Mexico is located in Albuquerque, NM. The organization was established in 2007. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, Dual Language Education Of New Mexico employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dual Language Education Of New Mexico 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, Dual Language Education Of New Mexico generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 3.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DUAL LANGUAGE EDUCATION OF NEW MEXICO WAS INCORPORATED IN 2001 AS AN EDUCATIONAL ORGANIZATION TO SERVE THE PROFESSIONAL AND INFORMATIONAL NEEDS OF SCHOOL COMMUNITIES. DLENM'S MISSION IS TO DEVELOP, SUPPORT AND ADVOCATE FOR HIGH-QUALITY DUAL LANGUAGE ENRICHED EDUCATION IN NEW MEXICO. THE SERVICES PROVIDED BY DUAL LANGUAGE EDUCATION OF NEW MEXICO HELP SUPPORT EDUCATOR'S PROFESSIONAL DEVELOPMENT AND STUDENT'S EDUCATIONAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE ANNUAL CONFERENCE, SEMINARS, TRAINING, AND MEETINGS, DUAL LANGUAGE EDUCATION OF NEW MEXICO REACHES A BROAD AUDIENCE AND ACTIVELY WORKS WITH COMMUNITIES, DISTRICTS, SCHOOLS AND TEACHERS TO CLOSE THE ACHIEVEMENT GAP FOR ENGLISH LANGUAGE LEARNERS, HERITAGE LANGUAGE SPEAKERS, AND NATIVE ENGLISH LANGUAGE STUDENTS WHILE ALSO ENHANCING THE LINGUISTIC AND SOCIOCULTURAL CAPITAL OF THEIR COMMUNITIES. THE PRIMARY BENEFICIARIES OF DUAL LANGUAGE EDUCATION OF NEW MEXICO'S WORK CONTINUES TO BE SUPPORTING OUR STATES LINGUISTICALLY AND CULTURALLY DIVERSE POPULATIONS, THE MAJORITY COMING FROM THE LOWEST SOCIO-ECONOMIC COMMUNITIES IN NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rogers Ed, Director | Officer | 40 | $69,795 |
Loretta Booker Co-Chair | Trustee | 1 | $0 |
Al Gurule Treasurer | Trustee | 1 | $0 |
Sylvia Martinez Co-Chair | Trustee | 1 | $0 |
Hilda Perez Director | Trustee | 1 | $0 |
Viridiana Cisneros Director | Trustee | 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 | $768,723 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $768,723 |
| Total Program Service Revenue | $1,755,879 |
| Investment income | $0 |
| 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 | $90,225 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,673,763 |
| 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. | $69,795 |
| Compensation of current officers, directors, key employees. | $10,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,486,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $122,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,833 |
| Advertising and promotion | $3,810 |
| Office expenses | $139,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,566 |
| Travel | $14,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $104,975 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,840 |
| All other expenses | $8,273 |
| Total functional expenses | $2,288,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,621 |
| Savings and temporary cash investments | $650,991 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $754,155 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $152,019 |
| Prepaid expenses and deferred charges | $10,321 |
| Net Land, buildings, and equipment | $14,115 |
| Investments—publicly traded securities | $47,700 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,814 |
| Total assets | $1,700,736 |
| Accounts payable and accrued expenses | $69,846 |
| 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 | $29,482 |
| Other liabilities | $593,358 |
| Total liabilities | $692,686 |
| Net assets without donor restrictions | $836,680 |
| Net assets with donor restrictions | $171,370 |
| 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 | $1,700,736 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dual Language Education Of New Mexico has recieved totaling $275,000.
| Awarding Organization | Amount |
|---|---|
New Schools Fund Oakland, CA PURPOSE: LEARNING SOLUTIONS | $250,000 |
Marshall L And Perrine D Mccune Charitable Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT (CULTURALLY AND LINGUISTICALLY RESPONSIVE INSTRUCTION THROUGH VIRTUAL ENGAGEMENT AND ECHO) | $25,000 |
Endowment Analysis
| Beg. Balance | $11,232 |
| Ending Balance | $11,232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bscs Science Learning Colorado Springs, CO | $4,778,283 | $10,912,233 |
Learn Lonestar Education And Research Network Lubbock, TX | $26,698,796 | $7,275,450 |
Learning Forward Richardson, TX | $5,036,186 | $5,068,048 |
Careerwise Colorado Denver, CO | $4,848,790 | $6,258,093 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Minga Education Group Peyton, CO | $63,725 | $3,961,328 |
Wilco Montessori Partners Georgetown, TX | $1,123,507 | $4,175,636 |
Multilateral Endowment Management Company Edmond, OK | $918,741 | $2,430,214 |
Dual Language Education Of New Mexico Albuquerque, NM | $1,700,736 | $2,673,763 |
Hers Denver, CO | $2,564,797 | $1,973,261 |
Future Focused Education Albuquerque, NM | $1,699,690 | $1,944,772 |
Trojan Real Properties Inc Addison, TX | $21,854,020 | $3,395,133 |