Center For Educational Initiatives in Albuquerque, New Mexico (NM)

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Center For Educational Initiatives
Employer Identification Number (EIN)850477271
Name of OrganizationCenter For Educational Initiatives
In Care of NameAlan Marks
Address240 Valley High St Sw, Albuquerque, NM 87105-0739
SubsectionEducational Organization
Ruling Date05/2002
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,668,256
Amount of Income$2,052,038
Form 990 Revenue Amount$168,783
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support

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Amount of income in 2013: $2,052,038 (it was $3,590,253 in 2012)
Center For Educational Initiatives: 

Other organizations performing similar types of work: 


Assets in 2013: $2,668,256 (it was $2,845,766 in 2012)
Center For Educational Initiatives: 

Other organizations performing similar types of work: 


Expenses in 2012: $105,550
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2012: 19.4
Center For Educational Initiatives: 

Other organizations performing similar types of work: 


Grants share in income in 2012: 2.0%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,502,483
Contributions, Gifts, Grants and Other Similar Amounts$30,500
Program Service Revenue$72,189
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$47,393
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$1,352,401
Gross amount from sales of assets other than inventory (Securities / Other)$1,140,171 / $2,300,000
Less: cost or other basis and sales expenses (Securities / Other)$1,137,859 / $949,911
Gain or (loss) (Securities / Other)$2,312 / $1,350,089
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$105,550
Compensation of current officers, directors, trustees, and key employees$7,955
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$2,845,766
Total liabilities$44,243
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$2,801,523
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$164,012
Gifts, grants, contributions, and membership fees received$112,910
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$51,102
Gross receipts from related activities, etc.$72,189
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3University Of Virginia Investment Management CompanyPO BOX 400215, Charlottesvle, VA 22904-4215VA2005-03$242,927,388
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18Friends Of Portales Municipal Schools Foundation212 W 1st St, Portales, NM 88130-5920NM2001-11$70,000
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Number of organizations performing similar types of work
District of Columbia38
North Carolina343
North Dakota19
New Hampshire72
New Jersey372
New Mexico65
New York493
Rhode Island28
South Carolina136
South Dakota34
West Virginia67
Total10,796 is not associated with, endorsed by, or sponsored by Center For Educational Initiatives and has no official or unofficial affiliation with Center For Educational Initiatives