Overview
What is Indigenous Education Inc?
Indigenous Education Inc, based in Albuquerque, New Mexico, is a nonprofit organization situated at 2155 Louisiana Blvd NE Suite 10100. Their primary mission is to elevate opportunities for Native college students by providing them with a transformative scholarship experience. This support aims to boost their success in higher education. During the 2022 summer, fall, and 2023 academic terms, the organization distributed funds to 1,632 students, with undergraduate scholars accounting for 1,373 and graduate and professional students making up the remaining 259. The organization, with a team of 13 dedicated individuals, is committed to empowering Native students in their academic journeys.
Official website here: www.cobellscholar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%).
Indigenous Education Inc. has received a two-star rating from Charity Navigator, indicating the organization faces challenges that affect its overall evaluation. The accountability and finance score is strong at 100%, but the overall rating is pulled down largely due to lower financial metrics. Key metrics such as fundraising efficiency and working capital ratio are notably poor, which raises concerns about long-term sustainability.
The organization demonstrates a commitment to transparency with a majority independent board and several policies in place, such as conflict of interest and whistleblower policies. However, a significant limitation is the missing tax form on their website, which is a critical document for public accountability. Additionally, the lack of data on key personnel salaries and other financial specifics may hinder a deeper understanding of their operational health.
User reviews from GreatNonprofits could not be retrieved, so further insights into the general sentiment from the community are not available. Overall, while Indigenous Education Inc. shows promise through its strong program expense ratio and commitment to accountability, it is essential for the organization to address its financial management challenges to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Indigenous Education Inc legitimate?
Indigenous Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indigenous Education Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $137,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $475,564
For more financial information, click here
Official website here: www.cobellscholar.org
What is the mission statement of Indigenous Education Inc?
Indigenous Education Inc's mission is centered around providing enhanced opportunities for Native college students. This is achieved by empowering these students with a transformative scholarship experience, designed to support their academic success in higher education. The organization's activities are geared towards providing financial aid, with a total of $6,709,423 distributed to 1,632 students in the 2022 summer, fall, and 2023 academic terms. Among these scholars, undergraduate students comprised 1,373 individuals, while graduate and professional students made up the remaining 259 scholars.
Official website here: www.cobellscholar.org
Who is the CEO of Indigenous Education Inc?
Melvin E Monette is the Board Member of Indigenous Education Inc.
Official website here: www.cobellscholar.org
What is the revenue of Indigenous Education Inc?
Indigenous Education Inc's revenue in 2022 was $7,601,899.
Official website here: www.cobellscholar.org
Who are the executives of Indigenous Education Inc and what are their salaries?
The average compensation at Indigenous Education Inc during 2022 was $47,176. There are 13 employees at Indigenous Education Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $126,588
- Related: $0
- Other: $11,138
Official website here: www.cobellscholar.org
Where can I find the form 990 for Indigenous Education Inc?
Indigenous Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cobellscholar.org
Learn more at the official website: www.cobellscholar.org
Mission Statement of Indigenous Education Inc
Indigenous Education Inc, a nonprofit organization, is committed to offering elevated opportunities for Native college students. Their mission is to empower these students with an impactful scholarship experience, meticulously designed to support their success in higher education. By providing financial assistance, Indigenous Education Inc enables Native American undergraduate, graduate, and professional students to attend various academic terms, including summer, fall, and the following academic year. This support not only aids in covering educational expenses but also contributes to the overall success of these students in their academic pursuits.
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Impact
July, 2024
Indigenous Education Inc's impact can be seen in the elevated opportunities it provides for Native college students through empowering them with an impactful scholarship experience designed to support their success in higher education. In the recent terms, the organization provided substantial financial support amounting to $6,709,423 to 1,632 students, enabling them to attend the 2022 summer, 2022 fall, and 2023 academic terms. Among these scholars, 1,373 were undergraduate students, while 259 were graduate and professional students. This direct assistance contributes significantly to advancing the academic pursuits and achievements of Native college students, fostering their educational journeys and future success.
This information is meant to be a general summary of Indigenous Education Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $7,601,899
Assets and Liabilities:
- Total Assets: $3,871,747
- Total Liabilities: $3,259,697
- Net Assets: $612,050
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Organization Details
Founding Year
2016
Phone
(505) 313-0032Principal Officer
Melvin E Monette
Main Address
2155 LOUISIANA BLVD NE SUITE 10100, ALBUQUERQUE, NM, 87110
Website
www.cobellscholar.orgNTEE Category
Code: B82 - Education
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