Overview
What is Excellent Schools New Mexico?
Excellent Schools New Mexico is a nonprofit organization situated in Albuquerque, New Mexico. Its primary mission is to identify New Mexico's most promising public schools and school leaders. The organization makes informed investments to help these schools expand and grow, funding their development with data-driven strategies. Additionally, Excellent Schools New Mexico offers ongoing support to these schools, aiming to amplify their impact on the community. With a team of three dedicated individuals, this nonprofit is committed to enhancing education in New Mexico.
Official website here: www.excellentschoolsnm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Excellent Schools New Mexico has achieved a strong rating of 92%, reflecting excellent accountability and financial health. The organization boasts an independent board composed entirely of independent members and has received top scores for key metrics related to financial oversight, such as no material diversion of assets and a favorable liabilities-to-assets ratio. The high program expense ratio indicates that a significant portion of its funds is allocated directly to programs rather than administrative costs.
However, there are areas identified for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which are important for maintaining transparency and accountability. Despite these shortcomings, the overall financial efficiency remains commendable, with minimal fundraising expenses relative to the funds raised.
Overall, Excellent Schools New Mexico demonstrates a commitment to effective governance and program delivery, effectively using the majority of its resources for its educational mission while also maintaining strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Excellent Schools New Mexico legitimate?
Excellent Schools New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excellent Schools New Mexico 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: $201,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,399
For more financial information, click here
Official website here: www.excellentschoolsnm.org
What is the mission statement of Excellent Schools New Mexico?
Excellent Schools New Mexico is a nonprofit organization that identifies New Mexico's most promising public schools and school leaders. Its mission is to make data-driven investments to fund their growth and provide ongoing support to expand their impact. The organization aims to back these promising schools and leaders, fostering their development to reach a broader student base. By doing so, Excellent Schools New Mexico aims to contribute to the overall improvement of education in New Mexico. The organization has also made investments to prepare new school leaders and aid in the launch of new schools.
Official website here: www.excellentschoolsnm.org
Who is the CEO of Excellent Schools New Mexico?
Pat Mcdonough is the Executive Dir. of Excellent Schools New Mexico.
Official website here: www.excellentschoolsnm.org
What is the revenue of Excellent Schools New Mexico?
Excellent Schools New Mexico's revenue in 2022 was $1,511,996.
Official website here: www.excellentschoolsnm.org
Who are the executives of Excellent Schools New Mexico and what are their salaries?
The average compensation at Excellent Schools New Mexico during 2022 was $103,712. There are 3 employees at Excellent Schools New Mexico.
Here are 10 key members and their salaries:
- Compensation: $194,602
- Related: $0
- Other: $7,136
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.excellentschoolsnm.org
Where can I find the form 990 for Excellent Schools New Mexico?
Excellent Schools New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.excellentschoolsnm.org
Learn more at the official website: www.excellentschoolsnm.org
Mission Statement of Excellent Schools New Mexico
Excellent Schools New Mexico, a nonprofit organization, is dedicated to identifying New Mexico's most promising public schools and school leaders. Its mission is twofold: firstly, it makes data-driven investments to support the growth of these schools, and secondly, it provides ongoing assistance to help these schools expand their impact. In essence, Excellent Schools New Mexico aims to foster the growth and success of high-performing schools and educational leaders in New Mexico.
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Impact
July, 2024
Excellent Schools New Mexico has made significant investments to help grow several schools and prepare new school leaders to launch new schools in New Mexico. Their data-driven approach ensures that the most promising public schools and school leaders receive the support they need to expand their impact. By identifying and funding these schools and leaders, Excellent Schools New Mexico is working to improve the quality of education in the state and create a positive impact on students, families, and communities.
This information is meant to be a general summary of Excellent Schools New Mexico. 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: $1,511,996
Assets and Liabilities:
- Total Assets: $2,524,655
- Total Liabilities: $106,924
- Net Assets: $2,417,731
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Organization Details
Founding Year
2016
Phone
(505) 850-8769Principal Officer
Pat Mcdonough
Main Address
PO Box 27501, Albuquerque, NM, 87125
Website
www.excellentschoolsnm.orgNTEE Category
Code: B29 - Education
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