Overview
What is Durango Education Center?
The Durango Education Center, situated in Suite 301, Durango, Colorado, is a dedicated nonprofit organization with a mission to bridge educational gaps. Established 35 years ago, it has served the community in the southwest Colorado region commendably. Despite the challenges posed by the pandemic, the center has managed to maintain and even surpass the educational standards set by state and federal grant bodies. With a caring learning environment, Durango Education Center provides the necessary skills and knowledge for securing livable wage careers, pursuing post-secondary education, and fostering social and economic mobility. The organization boasts a team of 25 highly qualified and dedicated staff members, ensuring its continued growth towards pre-pandemic levels in 2022.
Official website here: www.durangoadulted.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Durango Education Center has achieved an impressive 96% score on Charity Navigator, indicating a strong level of accountability and financial transparency. This rating is particularly significant as it reflects the nonprofit's commitment to effective governance and responsible financial management, with no noted material diversion of assets.
The organization demonstrates robust oversight through an entirely independent board, which enhances its credibility. Furthermore, it showcases excellent financial health indicated by a low liabilities to assets ratio of 3.23% and a high program expense ratio of 84.94%, ensuring that a substantial portion of its funding is directed towards its educational programs.
However, it is worth noting that the Durango Education Center is missing a conflict of interest policy, which could be a potential area for improvement. Despite this limitation, the nonprofit's overall governance practices and financial reporting are well-regarded, making it a reliable choice for donors seeking to support effective educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Durango Education Center legitimate?
Durango Education Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durango Education Center 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: $68,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,297
For more financial information, click here
Official website here: www.durangoadulted.org
What is the mission statement of Durango Education Center?
The Durango Education Center, serving as a nurturing learning environment, strives to bridge educational gaps by equipping individuals with the necessary skills and knowledge for livable wage careers, higher education, and social and economic advancement. Despite the challenges of 2021, the center maintained its commitment to achieving these goals while ensuring the safety of its students and staff. Even with a decrease in GED and ESL student numbers, the center managed to meet or surpass all educational objectives set by state and federal standards. The institution has consistently hired qualified and exceptional staff, leading to a steady increase in student numbers approaching pre-pandemic levels in 2022. As the center celebrates its 35th anniversary this year, it remains dedicated to ensuring the success of its programs for the next three decades through sound financial practices and a devoted staff and Board of Directors.
Official website here: www.durangoadulted.org
Who is the CEO of Durango Education Center?
Susan Hakanson is the Executive Dir. of Durango Education Center.
Official website here: www.durangoadulted.org
What is the revenue of Durango Education Center?
Durango Education Center's revenue in 2022 was $769,376.
Official website here: www.durangoadulted.org
Who are the executives of Durango Education Center and what are their salaries?
The average compensation at Durango Education Center during 2022 was $18,775. There are 25 employees and 22 volunteers at Durango Education Center.
Here are 12 key members and their salaries:
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Official website here: www.durangoadulted.org
Where can I find the form 990 for Durango Education Center?
Durango Education Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.durangoadulted.org
Learn more at the official website: www.durangoadulted.org
Mission Statement of Durango Education Center
Durango Education Center, as a compassionate learning community, is dedicated to bridging educational gaps by equipping individuals with the necessary skills and knowledge for livable wage careers, further education, and social and economic mobility. The organization's mission is to contribute positively to the lives of its students, ensuring they have the tools needed to excel in their chosen paths and improve their overall quality of life. Despite facing challenges in 2020 and 2021, Durango Education Center has maintained a strong commitment to its mission, achieving or surpassing educational goals set by state and federal grant standards. The organization continues to attract and retain highly qualified and dedicated staff, thereby ensuring the longevity and success of its programs. As Durango Education Center celebrates its 35th anniversary of service to the community in 2022, it remains steadfast in its mission to continue providing essential education and empowering individuals towards a brighter future.
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Impact
July, 2024
Durango Education Center's impact can be seen through its dedication to filling educational gaps and providing the skills and knowledge necessary for livable wage careers, post-secondary education, and social and economic mobility. Despite facing challenges in recent years, the center has continued to help students meet or exceed educational goals set by state and federal grant standards. With a qualified and dedicated staff, Durango Education Center has been able to serve its community for 35 years, making a lasting impact on the individuals it serves and the region as a whole.
This information is meant to be a general summary of Durango Education Center. 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.
- Investment Income: $151
- Program Service Revenue: $4,501
- Gross Receipts: $772,056
Assets and Liabilities:
- Total Assets: $1,880,922
- Total Liabilities: $60,816
- Net Assets: $1,820,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$4,501
Organization Details
Founding Year
1990
Phone
(970) 385-4354Principal Officer
Susan Hakanson
Main Address
701 Camino Del Rio Suite 301, Durango, CO, 81031
Website
www.durangoadulted.orgNTEE Category
Code: B99Z - Education
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