Santa Fe Educational Services EIN 46-4303416 Form 990 (PDF) Claim this org

Santa Fe Educational Services FY2021 filing

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Santa Fe Educational Services is an education nonprofit based in Santa Fe, NM. For fiscal year 2021 it reported $792K in revenue, $530K in expenses, and $583K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Santa Fe, NM
Website
journeymontessorischool.org
Filings
5 on file (2020–2021)
Revenue
$792KFY2021
Expenses
$530K
Net assets
$583K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4303416 Public charity (501(c)(3)) Santa Fe, NM
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
an education nonprofit
Leadership
Beth Clayton · President
Money in and out
$792K revenue, $530K expenses
Bottom line
95% program efficiency
Where the money goes · FY2021
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$583K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $262K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$792K
FY2021▲ +61%
Expenses
$530K
FY2021▲ +23%
Total assets
$583K
FY2021▲ +97%
Total liabilities
$-400
FY2021▼ -130%
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$583K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$262K
Total assetsPt X · Ln 16$583K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

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
President
$0Pt VII · Sec A

Beth Clayton’s $78K as Director is at the 70th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

Educational services using the montessori system

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$679K · 86%
Contributions & grants$113K · 14%
Program service revenue86%$679K
Contributions & grants14%$113K
Investment income$22
Total revenueLn 12$792K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$502K
Management & general5%$28K
Total functional expensesLn 25$530K

Balance Sheet

Part X · end of year
CashLn 1$481K
Total assetsLn 16$583K
Total liabilitiesLn 26$-400
Total net assetsLn 32$583K
Months of cash on handcomputed10.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $481K · Operating expenses/yr $530K
10.9 months
Where the money goes
Program services
Program services $502K · Total expenses $530K
95%
Management & General
Management & general $28K · Total expenses $530K
5%
Fundraising
Fundraising $0 · Total expenses $530K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $59K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $113K · Total revenue $792K
14%
Government reliance
Government grants — · Total revenue $792K
Earned-income share
Program service revenue $679K · Total revenue $792K
86%
Investment reliance
Investment income $22 · Total revenue $792K
<0.01%
Program self-sufficiency
Program service revenue $679K · Total expenses $530K
128%
Growth & trend
Revenue growth (YoY)
This year $792K · Prior year $493K
+61%
Net-asset trend (YoY)
End of year $583K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $792K · Expenses $530K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $583K
Net-asset ratio
Net assets $583K · Total assets $583K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $583K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Beth Clayton · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $530K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $331K · Total expenses $530K
62%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 61%

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 · ⤓ 990 PDF
FY2023$774K revenue · ⤓ 990 PDF
FY2022$646K revenue · ⤓ 990 PDF
FY2021$792K revenue · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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