GOLDEN APPLE FOUNDATION OF NEW MEXI

EIN: 850420305 501(c)(3) Philanthropy & Grantmaking

ALBUQUERQUE, NM

Total Revenue
$164,196
Total Expenses
$107,853
Total Assets
$265,445
Net Assets
$171,958
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Principal Officer
JULIE KOONTZ
Tax Period
2020-01-01 to 2020-12-31

GOLDEN APPLE FOUNDATION OF NEW MEXI, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $164K in total revenue in fiscal year 2020. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 34% operating margin.

Mission

TO CATALYZE TEACHING EXCELLENCE THROUGH RECOGNITION, PROFESSIONAL DEVELOPMENT, AND COMMUNITY ENGAGEMENT.

Program Service Accomplishments

Program 1

DUE TO COVID-19, GOLDEN APPLE FOUNDATION OF NEW MEXICO WAS UNABLE TO HOLD SEVERAL IN-PERSON EVENTS THAT ALSO SERVE AS FUNDRAISING OPPORTUNITIES. OUR ANNUAL CELEBRATION OF TEACHING EXCELLENCE HAS BEEN...

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DUE TO COVID-19, GOLDEN APPLE FOUNDATION OF NEW MEXICO WAS UNABLE TO HOLD SEVERAL IN-PERSON EVENTS THAT ALSO SERVE AS FUNDRAISING OPPORTUNITIES. OUR ANNUAL CELEBRATION OF TEACHING EXCELLENCE HAS BEEN DELAYED, OUR SUMMER CONFERENCE WAS CANCELLED, AND OUR MATH INSTITUTE WAS MOVED TO A VIRTUAL PLATFORM. ALL THESE EVENTS PROVIDE INCOME TO GOLDEN APPLE FOUNDATION OF NEW MEXICO. IN ADDITION, THE SHIFT REQUIRED US TO IMPROVE OUR ABILITY TO DELIVER WORKSHOPS IN A VIRTUAL SETTING AND UPGRADE OUR WEBSITE.

Program 2
Expenses: $19,534

FELLOWS PROGRAM: TO PROVIDE RECOGNITION AND AWARDS TO SELECTED TEACHERS IN NEW MEXICO. SELECTION IS MADE THROUGH A RIGOROUS AND COMPREHENSIVE PROCESS THAT INCLUDES TEAMS OF EVALUATORS MAKING SITE...

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FELLOWS PROGRAM: TO PROVIDE RECOGNITION AND AWARDS TO SELECTED TEACHERS IN NEW MEXICO. SELECTION IS MADE THROUGH A RIGOROUS AND COMPREHENSIVE PROCESS THAT INCLUDES TEAMS OF EVALUATORS MAKING SITE VISITS TO SCHOOLS AND CLASSROOMS. VARIOUS AWARDS, STIPENDS, AND ONGOING PROFESSIONAL DEVELOPMENT OPPORTUNITIES, INCLUDING MEMBERSHIP AS GOLDEN APPLE FELLOW IN THE GOLDEN APPLE ACADEMY ARE OFFERED. AGAIN NO AWARDS WERE RECEIVED THIS YEAR SEE OUR COVID 19 STATEMENT LISTED IN 1ST EXEMPT PURPOSE STATEMENT.

Program 3
Expenses: $51,554

PROFESSIONAL DEVELOPMENT PROGRAM: TO PROVIDE OPPORTUNITIES TO TEACHERS AT ALL LEVELS IN NEW MEXICO TO IMPROVE THEIR PRACTICE AND CONFER WITH THEIR PEERS. ACTIVITIES INCLUDE AN ANNUAL CONFERENCE AND...

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PROFESSIONAL DEVELOPMENT PROGRAM: TO PROVIDE OPPORTUNITIES TO TEACHERS AT ALL LEVELS IN NEW MEXICO TO IMPROVE THEIR PRACTICE AND CONFER WITH THEIR PEERS. ACTIVITIES INCLUDE AN ANNUAL CONFERENCE AND SMALLER REGIONAL INSTITUTES, INCLUDING VIRTUAL LEARNING SERIES.

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Trantor Score

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $159,415
Program Service Revenue $0
Investment Income $931
Other Revenue $3,850
TOTAL REVENUE $164,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,310
Fundraising Expenses $11,253
Program Expenses $71,088
Other Expenses $28,543
TOTAL EXPENSES $107,853

Year-over-Year Comparison

2020 2019 Change
Revenue $164,196 $287,591 -0.4%
Expenses $107,853 $197,174 -0.5%
Net Income $56,343 $90,417 -0.4%
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
15
Independent Members
15
Employees
3
Volunteers
21

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
4
$36,753
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE BEVERLY MEMBER 1.00
Director
$0 $0 $0
GARRETT HENNESSY MEMBER 1.00
Director
$0 $0 $0
MARY ANN CONSTANTINI MEMBER 1.00
Director
$0 $0 $0
JAMES GERWELS MEMBER 1.00
Director
$0 $0 $0
DENNIS DAVIS MEMBER 1.00
Director
$0 $0 $0
GRETCHEN ROCKENFIELD MEMBER 1.00
Director
$0 $0 $0
JONATHAN SCHAUMBERG MEMBER 1.00
Director
$0 $0 $0
MICHAEL SILVA MEMBER 1.00
Director
$0 $0 $0
LESLIE CARPENTER MEMBER 1.00
Director
$0 $0 $0
CHAMIZA PACHECO DE ALAS MEMBER 1.00
Director
$0 $0 $0
PAULA JACKSON MEMBER 1.00
Director
$0 $0 $0
JULIE KOONTZ PRESIDENT 3.00
Officer
$0 $0 $0
JEFF TUTTLE TREASURER, M 2.00
Officer
$0 $0 $0
DIANE DENISH PAST PRESIDE 1.00
Officer
$0 $0 $0
BRIAN O'CONNELL EXECUTIVE DI 1.00
Officer
$36,753 $0 $36,753
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
2020 $164,196 $107,853 $265,445 $56,343
2019 $287,591 $298,298 $210,327 $-10,707
2018 $275,352 $277,062 $228,732 $-1,710
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