Albuquerque Pre School Cooperative

Tax-deductible

Albuquerque, NM501(c)(3)EducationEIN 85-0196580Revenue $305K in FY2025

On file with the IRSabqpreschoolcoop.com606 Candelaria Rd Nw, 87107-2406 · Albuquerque, NMTax-exempt since May 1969School — 170(b)(1)(A)(ii)

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To provide quality Pre-School education and childcare for children ages 2 to 6 years old in an un-hurried, pressure-free environment.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 75 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $34K a year · 14% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 19% of spending
Top officer’s pay lower than 57% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $85
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$305K
+2% vs prior year
Spent
$270K
To programs
67%
Net assets
$453K
By yearFY2020–FY2025
Revenue
$305K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$212K
FY2021$63K
FY2022$369K
FY2023$263K
FY2024$300K
FY2025$305K
Expenses
$270K
FY2025▲ +0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$218K
FY2021$112K
FY2022$199K
FY2023$238K
FY2024$268K
FY2025$270K
Net assets
$453K
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$216K
FY2021$190K
FY2022$357K
FY2023$366K
FY2024$413K
FY2025$453K

From the FY2025 Form 990 (year ending May 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $180K Management & general 33% · $90K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $51K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$51,412Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Community
$0Pt VII · Sec A

Yvette Asenap’s $51K as Executive Di is at the 43rd 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Yvette Asenap$51,412$52,987$47,116$22,338$30,503$39,149

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers unhurried, pressure-free preschool education and childcare for young children.

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Provided by the organization

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1 program · $180K · in their own filed words · FY2024
01

Quality pre-school education and childcare for children ages 2 to 6 years old in an un-hurried, pressure-free environment.

$180Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$85

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$305K
Ln 12
Fees for servicesLn 2g$287K
Investment incomeLn 3$11K
Other incomeLn 4–11$5K
Money outPt IX
$270K
Ln 25
Programscol B$180K
Managementcol C$90K
Owns and owesPt X
$453K
net assets · Ln 32
Cash and savingsLn 1–2$301K
Total assetsLn 16$460K
LiabilitiesLn 26$6K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1K
Fees for servicesLn 2g$287K
Investment incomeLn 3$11K
Other incomeLn 4–11$5K
Total revenueLn 12$305K
Assets in detailPt X, end of year
CashLn 1$247K
SavingsLn 2$54K
Cash and savings togetherLn 1–2$301K
InvestmentsLn 11–13$131K
Land, buildings, equipmentLn 10c$28K
Total assetsLn 16$460K
LiabilitiesLn 26$6K
Net assetsLn 32$453K
OperationsPt I, VI
EmployeesI 57
VolunteersI 675
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$271K$301K
InvestmentsLn 11–13$121K$131K
Land, buildings, equipmentLn 10c$29K$28K
Total assetsLn 16$422K$460K
LiabilitiesLn 26$9K$6K
Net assetsLn 32$413K$453K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$62K$41K$21K
Other salaries and wagesLn 7$155K$102K$53K
Pension plan contributionsLn 8$865$571$294
Other employee benefitsLn 9$429$283$146
Payroll taxesLn 10$16K$11K$6K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$25$25
Office expensesLn 13$630$630
Information technologyLn 14$2K$2K
OccupancyLn 16$5K$5K
TravelLn 17$362$362
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$758$758
InsuranceLn 23$5K$3K$2K
Other expenses (24a–d)Ln 24$9K$9K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$270K$180K$90K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $305K$270K$35K$453K 990 PDF
FY2024 $300K$268K$31K$413K 990 PDF
FY2023 $263K$238K$25K$366K 990 PDF
FY2022 $369K$199K$170K$357K 990 PDF
FY2021 $63K$112K−$50K$190K 990 PDF
FY2020 $212K$218K−$6K$216K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $304,554 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,453$1,300
I-9 Program service revenuePrior year $283,410$286,807
I-10 Investment incomePrior year $4,890$11,039
I-11 Other revenuePrior year $3,791$5,408
I-12 Total revenuePrior year $299,544$304,554
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $231,597$234,739
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $36,460$34,853
I-18 Total expensesPrior year $268,057$269,592
I-19 Revenue less expensesPrior year $31,487$34,962
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $304,554 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,300
VIII-1h Total contributions, gifts and grants$1,300
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $286,807$286,807
VIII-3 Investment incomeExcluded from tax $11,039$11,039
VIII-8 Net income from fundraising eventsExcluded from tax $5,408$5,408
VIII-12 Total revenueRelated to mission $286,807 · Excluded from tax $16,447$304,554
Part IX · Statement of functional expenses $269,592 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $41,083 · Management $21,164$62,247
IX-7 Other salaries and wagesPrograms $102,207 · Management $52,652$154,859
IX-8 Pension plan contributionsPrograms $571 · Management $294$865
IX-9 Other employee benefitsPrograms $283 · Management $146$429
IX-10 Payroll taxesPrograms $10,784 · Management $5,555$16,339
IX-11c Accounting feesManagement $8,079$8,079
IX-12 Advertising and promotionPrograms $25$25
IX-13 Office expensesPrograms $630$630
IX-14 Information technologyPrograms $1,879$1,879
IX-16 OccupancyPrograms $5,071$5,071
IX-17 TravelPrograms $362$362
IX-19 Conferences, conventions and meetingsPrograms $3,240$3,240
IX-22 Depreciation, depletion and amortizationPrograms $758$758
IX-23 InsurancePrograms $3,299 · Management $1,700$4,999
IX-24 Other expenses (24a–d)Programs $8,539$8,539
IX-24e All other expensesPrograms $1,271$1,271
IX-25 Total functional expensesPrograms $180,002 · Management $89,590 · Fundraising $0$269,592
Part X · Balance sheet $459,587 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $217,439$246,814
X-2 Savings and temporary cash investmentsStart of year $54,050$54,056
X-10c Land, buildings and equipment, netStart of year $28,875$28,117
X-11 Publicly traded securitiesStart of year $121,305$130,600
X-16 Total assetsStart of year $421,669$459,587
X-17 Accounts payable and accrued expenses$400
X-19 Deferred revenueStart of year $8,679$6,046
X-26 Total liabilitiesStart of year $8,679$6,446
X-27 Net assets without donor restrictionsStart of year $412,990$453,141
X-32 Total net assets or fund balancesStart of year $412,990$453,141
X-33 Total liabilities and net assetsStart of year $421,669$459,587
Part XI · Reconciliation of net assets $453,141 net assets at year end
XI-1 Total revenue$304,554
XI-2 Total expenses$269,592
XI-3 Revenue less expenses$34,962
XI-4 Net assets at start of year$412,990
XI-5 Net unrealized gains (losses) on investments−$1,739
XI-8 Prior period adjustments$6,928
XI-10 Net assets at end of year$453,141

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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