Rgec INC
Supports children's social and academic dreams through community services. For fiscal year 2024 it reported $9.3M in revenue, $6.8M in expenses, and $12.4M in net assets.Pt I
- Founded
- 2000
- Type
- Public charity (501(c)(3)) · Education
- Location
- Albuquerque, NM
- Website
- rgec.org
- Filings
- 4 on file (2021–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The new mexico early childhood education and care department program aligns with the before and after school program by allowing us to work with children who normally could not attend the PROGRAM.WE license as many locations as possible through ececd, which allows ececd to qualify families and enter into contracts with them for child…
The new mexico early childhood education and care department food program works hand in hand with the rgec before and after school program because it allows us to provide nutritious snacks and meals to children attending the program 156,570 meals were served during the past school year.
Rgec before and after school programs operate in more than 50 elementary schools in the albuquerque, belen, moriarty, socorro and rio rancho areas. We utilize two education models to ensure a high quality and unique environment for our children, the e-cubed model enrichment model exclusive to our program, and the four corners teaching…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Peter Sanchez’s $222K as CEO is at the 87th percentile of top reported officer pay among 3393 $1–10M 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 · 7 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Peter Sanchez | $221,686 | $221,686 | $236,686 | $192,712 | $150,000 |
| Brian Oconnell | $130,000 | $123,846 | $125,000 | $125,000 | $69,808 |
| Randolph Sanchez | $9,875 | $18,000 | $8,000 | — | — |
| Thaddeus Lucero | $8,875 | $18,000 | $8,000 | — | — |
| Charles Pena | $8,625 | $18,000 | $8,000 | — | — |
| Ray Mares | $8,625 | $18,000 | $8,000 | — | — |
| Roberta Ricci | $8,625 | $16,000 | $8,000 | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 69% | — | — |
| Overhead ratio | 31% | — | — |
| Revenue growth | -6% | — | — |
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.
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Filings & Schedule Manifest
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Sources
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