Santa Fe Educational Services EIN 46-4303416

Santa Fe Educational Services

EIN  46-4303416 Public charity (501(c)(3)) Santa Fe, NM
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
an education nonprofit
Leadership
Beth a Clayton · President
Money in and out
$806K revenue, $719K expenses
Bottom line
75% program efficiency

Santa Fe Educational Services is an education nonprofit based in Santa Fe, NM. For fiscal year 2024 it reported $806K in revenue, $719K in expenses, and $800K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$806K
Pt VIII · Ln 12
Total expenses
$719K
Pt IX · Ln 25
Net assets
$800K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $87K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25 Fundraising $0.00
Program efficiency
75%
of spending reaches programs▼ -25% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$806K
FY2024▲ +4%
Expenses
$719K
FY2024▲ +8%
Total assets
$809K
FY2024▲ +12%
Total liabilities
$9K
FY2024▲ +162%
Total revenue
$806K
Pt VIII · Ln 12
Total expenses
$719K
Pt IX · Ln 25
Net assets
$800K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$87K
Total assetsPt X · Ln 16$809K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $536K of program spending, described in the organization's own filed words · FY2024.
01

Educational Services Using the Montessori System

$536Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSanta Fe Educational Services
EINHdr · item D46-4303416
Principal addressHdr · item CSanta Fe, NM
WebsiteHdr · item Jjourneymontessorischool.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022
Beth Clayton$151,132
Beth Clayton$78,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$750K · 93%
Contributions & grants$38K · 5%
Investment income$19K · 2%
Program service revenue93%$750K
Contributions & grants5%$38K
Investment income2%$19K
Total revenueLn 12$806K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25 Fundraising $0.00
Program services75%$536K
Management & general25%$180K
Fundraising$2K
Total functional expensesLn 25$719K

Balance Sheet

Part X · end of year
CashLn 1$705K
Total assetsLn 16$809K
Total liabilitiesLn 26$9K
Total net assetsLn 32$800K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $705K · Operating expenses/yr $719K
11.8 months
Where the money goes
Program services
Program services $536K · Total expenses $719K
75%
Management & General
Management & general $180K · Total expenses $719K
25%
Fundraising
Fundraising $2K · Total expenses $719K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $714 · Solicited contributions (3-yr avg) $29K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $38K · Total revenue $806K
5%
Government reliance
Government grants — · Total revenue $806K
Earned-income share
Program service revenue $750K · Total revenue $806K
93%
Investment reliance
Investment income $19K · Total revenue $806K
+2%
Program self-sufficiency
Program service revenue $750K · Total expenses $719K
104%
Growth & trend
Revenue growth (YoY)
This year $806K · Prior year $774K
+4%
Revenue CAGR
FY2020 $493K · FY2024 $806K
+13%
Net-asset trend (YoY)
End of year $800K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $806K · Expenses $719K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $809K
Net-asset ratio
Net assets $800K · Total assets $809K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $809K
0%
People & payroll
Highest Reported Total Compensation
Individual Beth a Clayton · Reported title President · Highest reported compensation $0 · Total expenses $719K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $464K · Total expenses $719K
65%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Fundraising cost ratio 6%
Revenue growth 4%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$35K
Grants paid · 2 grants · $11K · 2023–2023
Unitemized GrantFY2023$10,567
Unitemized GrantFY2023$100

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$806K revenue · viewing · ⤓ 990 PDF
FY2023$774K revenue · ⤓ 990 PDF
FY2022$646K revenue · ⤓ 990 PDF
FY2021$792K revenue · ⤓ 990 PDF
FY2020$493K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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