ALVARADO DAY SCHOOL INCORPORATED

EIN: 850273112 501(c)(3)

ALBUQUERQUE, NM

Total Revenue
$1,239,559
Total Expenses
$910,045
Total Assets
$460,669
Net Assets
$423,271
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NM
Phone
5052981026
Tax Period
2021-07-01 to 2022-06-30

ALVARADO DAY SCHOOL INCORPORATED, founded in 1979, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2021. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $330K, a strong 27% operating margin.

Mission

We believe this daycare center serves as a vital extension of todays families. We accomplish this by creating and maintaining an environment of stability providing suitable child care from trained professionals and creating a great learning environment through play and the opportunity to make decisions. This center meets the educational physical and emotional support needed by the children of ages infants-12 yr. and their families.

Program Service Accomplishments

Program 1
Expenses: $910,045 Revenue: $1,239,559

Child care services are provided to approximately 75 children students of which 90% are from low-income and or single-parent families. Full-time care is provided to children students ages infants-12...

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Child care services are provided to approximately 75 children students of which 90% are from low-income and or single-parent families. Full-time care is provided to children students ages infants-12 of working-parent families. This daycare center operates 0600-1830 Monday-Friday. Existing programs provide a well-rounded learning environment that meets all kids social cognitive physical and educational needs. In addition this center provides bus services to and from local public schools three well-balanced meals and three snacks for all children students. By having a tax-exempt status we can provide childcare services at a low and affordable price to families of various income levels within the community. The center provides no grants to attending children students.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $95,355
Program Service Revenue $1,144,204
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,239,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $638,359
Fundraising Expenses $0
Program Expenses $910,045
Other Expenses $271,686
TOTAL EXPENSES $910,045

Year-over-Year Comparison

2021 2020 Change
Revenue $1,239,559 $795,981 +0.6%
Expenses $910,045 $716,615 +0.3%
Net Income $329,514 $79,366 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
36
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$19,000
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dwayne Decosta President 4.00
Officer
$0 $0 $0
Natalie Gutierrez Vice President 5.00
Officer
$19,000 $0 $19,000
Irving Ortiz Secretary Treasurer 4.00
Officer Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $1,239,559 $910,045 $460,669 $329,514
2021 $795,981 $716,615 $131,527 $79,366
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