Civic Intelligence

Alta Monte Child Development Center Inc.

990 • Fiscal year 2021 • EIN 26-1371678

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

3305 Alta Monte Avenue NEAlbuquerque, NM 87107

(505) 883-8530

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.38x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.33x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE P • $1M-$5M nonprofits • Source year 2021

Asset Growth

86th percentile

61%

Faster asset growth than 86% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

38%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,047,251

Up $395,135 (+61%) from 2020

Net Assets

Up

$647,792

Up $468,874 (+262%) from 2020

Liabilities

Down

$399,459

Down $73,739 (-16%) from 2020

Revenue

Up

$1,196,194

Up $331,883 (+38%) from 2020

Expenses

Down

$774,806

Down $33,989 (-4.2%) from 2020

Net Income

Up

$421,388

Up $365,872 (+659%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $173,820Liabilities 2010: $250,446Net Assets 2010: -$76,6262010Assets 2011: $185,623Liabilities 2011: $235,662Net Assets 2011: -$50,0392011Assets 2012: $162,905Liabilities 2012: $227,674Net Assets 2012: -$64,7692012Assets 2013: $140,404Liabilities 2013: $227,576Net Assets 2013: -$87,1722013Assets 2014: $171,313Liabilities 2014: $250,258Net Assets 2014: -$78,9452014Assets 2015: $131,202Liabilities 2015: $248,201Net Assets 2015: -$116,9992015Assets 2016: $119,661Liabilities 2016: $231,378Net Assets 2016: -$111,7172016Assets 2017: $224,738Liabilities 2017: $234,487Net Assets 2017: -$9,7492017Assets 2018: $161,878Liabilities 2018: $227,443Net Assets 2018: -$65,5652018Assets 2019: $325,003Liabilities 2019: $232,121Net Assets 2019: $92,8822019Assets 2020: $652,116Liabilities 2020: $473,198Net Assets 2020: $178,9182020Assets 2021: $1,047,251Liabilities 2021: $399,459Net Assets 2021: $647,7922021Assets 2022: $1,306,991Liabilities 2022: $404,282Net Assets 2022: $902,7092022Assets 2023: $1,093,933Liabilities 2023: $45,577Net Assets 2023: $1,048,3562023Assets 2024: $1,756,558Liabilities 2024: $570,438Net Assets 2024: $1,186,1202024

Highlighted filing

2021

Assets$1,047,251
Liabilities$399,459
Net Assets$647,792

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $607,4632010Expenses 2011: $689,7412011Expenses 2012: $661,2042012Revenue 2013: $472,461Expenses 2013: $494,864Net Income 2013: -$22,4032013Revenue 2014: $552,408Expenses 2014: $544,181Net Income 2014: $8,2272014Revenue 2015: $625,396Expenses 2015: $663,450Net Income 2015: -$38,0542015Revenue 2016: $593,682Expenses 2016: $588,400Net Income 2016: $5,2822016Revenue 2017: $675,343Expenses 2017: $573,375Net Income 2017: $101,9682017Revenue 2018: $947,078Expenses 2018: $1,002,876Net Income 2018: -$55,7982018Revenue 2019: $978,496Expenses 2019: $820,049Net Income 2019: $158,4472019Revenue 2020: $864,311Expenses 2020: $808,795Net Income 2020: $55,5162020Revenue 2021: $1,196,194Expenses 2021: $774,806Net Income 2021: $421,3882021Revenue 2022: $1,260,464Expenses 2022: $987,137Net Income 2022: $273,3272022Revenue 2023: $1,198,741Expenses 2023: $1,093,151Net Income 2023: $105,5902023Revenue 2024: $1,231,052Expenses 2024: $1,110,516Net Income 2024: $120,5362024

Highlighted filing

2021

Revenue$1,196,194
Expenses$774,806
Net Income$421,388
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.0
Gross Receipts
$1,196,194
Mission and Program Overview

Mission

Children's preschool provided at costs of 10-20% below national averages so that families can have a safe, affordable option for their childcare needs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$313,163$595,937▲ $282,774
Loans From Officers Directors$377,375$377,375→ $0
Investments in Publicly Traded Securities$250,000$250,000→ $0
Land, Buildings, and Equipment, Net$84,917$182,530▲ $97,613
Intangible Assets$4,036$18,784▲ $14,748
Total Assets$652,116$1,047,251▲ $395,135
Liabilities
Mortgage Notes Payable Secured by Investment Property$77,000--
Accounts Payable and Accrued Expenses$18,823$22,084▲ $3,261
Total Liabilities$473,198$399,459▼ $73,739
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$178,918$647,792▲ $468,874
Total Net Assets Fund Balance$178,918$647,792▲ $468,874
Total Liabilities and Net Assets / Fund Balance$652,116$1,047,251▲ $395,135

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$145,761-$145,761
Buildings$64,962$11,509$76,471
Equipment$-33,932$80,851$46,919
Leasehold Improvements$5,739-$5,739
Compensation and Service Providers

Board Members and Trustees

NameTitle
William RodwayFormer President
Lorena FoustPresident
William RodwayFormer Presi
Michael CoxSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$553,788
Program Service Revenue
$639,319
Investment Income
$0
Other Revenue
$3,087
All Other Contributions
$476,788
Change in Net Assets
$421,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$441,350
Other Expenses$331,167
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$406,742--$406,742
Occupancy$196,369--$196,369
Depreciation Depletion$34,364--$34,364
Payroll Taxes$32,319--$32,319
Fees for Services Accounting-$14,500-$14,500
Insurance$10,797--$10,797
All Other Expenses$6,127--$6,127
Information Technology$4,667--$4,667
Other Expenses$4,351--$4,351
Other Employee Benefits$2,289--$2,289
Benefits to Members$2,289--$2,289
Office Expenses$1,507--$1,507
Total Functional Expenses$760,306$14,500$0$774,806
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$377,375$377,375→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Each board member is provided a copy of the form 990 for their review before filing.

Form 990, Page 6, Part VI, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understood it, has agreed to comply with it and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policies and financial statements are available to the public upon written request received by the organization at their office of business.

Filing and Contact Details

Filer

Filer Name
Altamonte Child Development Center
EIN
26-1371678
Phone
5058838530
Address
3305 ALTA MONTE AVENUE NE, ALBUQUERQUE, NM 87107

Signing Officer

Name
Lorena Foust
Title
President
Phone
5058838530
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorena Foust
Formed
2007
Legal Domicile
Nm
Voting Board Members
2
Independent Board Members
2
Employees
27

Preparer

Firm
Schlenker & Cantwell Pa
Address
PO BOX 92318, ALBUQUERQUE, NM 87199-2318
Preparer
Kenyon R Schlenker
Phone
5052753915
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 21,222

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILLIAM J RODWAY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT/DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0WILLIAM RODWAY IS THE OWNER OF GOZFAST LLC, WHICH OWNS THE BUILDING THAT ALTAMONTE CHILD DEVELOPMENT CENTER LEASES. WILLIAM RODWAY IS ALSO THE PRESIDENT/DIRECTOR OF ALTAMONTE CHILD DEVELOPMENT CENTER.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt0377375
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER IS PROVIDED A COPY OF THE FORM 990 FOR THEIR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTOOD IT, HAS AGREED TO COMPLY WITH IT AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST RECEIVED BY THE ORGANIZATION AT THEIR OFFICE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 21,222
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SANDIA CHILD DEVELOPMENT CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0231371597
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRESCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02433 CHELWOOD PARK BLVD NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd087112
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0652116
IRS990/TotalAssetsEOYAmt01047251
IRS990/TotalAssetsGrp/BOYAmt0652116
IRS990/TotalAssetsGrp/EOYAmt01047251
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0553788
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0760306
IRS990/TotalFunctionalExpensesGrp/TotalAmt0774806
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0473198
IRS990/TotalLiabilitiesEOYAmt0399459
IRS990/TotalLiabilitiesGrp/BOYAmt0473198
IRS990/TotalLiabilitiesGrp/EOYAmt0399459
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0178918
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0647792
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03933
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03933
IRS990/TotalProgramServiceExpensesAmt0760306
IRS990/TotalProgramServiceRevenueAmt0639319
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0642406
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01196194
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0652116
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01047251
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02433 CHELWOOD NE
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087112
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.ALTAMONTECHILDCARE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LORENA FOUST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05058838530
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTAMONTE CHILD DEVELOPMENT CENTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0ALTA
ReturnHeader/Filer/EIN0261371678
ReturnHeader/Filer/PhoneNum05058838530
ReturnHeader/Filer/USAddress/AddressLine1Txt03305 ALTA MONTE AVENUE NE
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850463232
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHLENKER & CANTWELL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 92318
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0871992318
ReturnHeader/PreparerPersonGrp/PhoneNum05052753915
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENYON R SCHLENKER
ReturnHeader/ReturnTs02022-11-15T16:01:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LORENA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FOUST
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.57$1.19$1.23$1.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.05$1.05$1.20$1.09$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.40$0.90$1.26$0.99$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.40$0.65$1.20$0.77$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.47$0.18$0.86$0.81$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.23$0.09$0.98$0.82$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.23$0.07$0.95$1.00$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.23$0.01$0.68$0.57$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.23$0.11$0.59$0.59$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.25$0.12$0.63$0.66$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.25$0.08$0.55$0.54$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.23$0.09$0.47$0.49$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.23$0.06$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.24$0.05$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.25$0.08$0.61