Durango Adult Education Center Inc
990 • Fiscal year 2011 • EIN 84-1118878
Scores are not available for this record yet.
Assets
Flat$1,387,032
Flat from 2011
Net Assets
Flat$1,372,163
Flat from 2011
Liabilities
Flat$14,869
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$1,187,471
Flat from 2011
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Nov 1, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $1,243,983
Mission
The mission of durango education center, as a caring learning community, is to fill educational gaps by providing the skills and knowledge necessary for livable wage careers, postsecondary education, and social and economic mobility
Filer
- EIN
- 84-1118878
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| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | INVESTMENT LOSSES 11,546 INVESTMENT IN SIEC INCOME -6,106 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 2 | ON MAY 23, 2011, THE OPERATIONS OF DURANGO LATINO EDUCATION COALITION, DOING BUSINESS AS DEL ALMA, WERE MERGED WITH DAEC. THE COMBINATION IS CONSIDERED AN ACQUISITION. NO AUDIT PROCEDURES WERE PERFORMED ON DEL ALMA PROGRAMS PRIOR TO MAY 23, 2011. DEL ALMA WILL ABANDON ITS 501(C)(3) STATUS BUT WILL MAINTAIN A COMMITTEE THAT ASSISTED WITH DEL ALMA FUND-RAISERS. THE DEL ALMA COMMITTEE RECOMMENDS TWO MEMBERS FOR ELECTION TO THE DAEC BOARD. AT THE TIME OF THE ACQUISITION, THE ONLY ASSET OF DEL ALMA WAS CASH IN THE AMOUNT OF 48,446. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | RECONCILIATION OF CHANGES - OTHER |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 2 | SUPPLEMENTAL FINANCIAL INFORMATION |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 8 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 2 | SCHEDULE D, PAGE 4, PART XIV |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 0 | 967096 |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 1 | 179788 |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 0 | 50% EQUITY INTEREST - TCLLLLC |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 1 | 50% EQUITY INTEREST - SIEC |
| IRS990ScheduleD/LeaseholdImprovements/BookValue | 0 | 12642 |
| IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis | 0 | 12642 |
| IRS990ScheduleD/OtherAmount | 0 | 5440 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | -98371 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 98371 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 2822 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | DUE TO SIEC |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | ALPINE BANK LOC 1001 |
| IRS990ScheduleD/OtherLiabilities/Description | 2 | AGENCY ACCOUNT |
| IRS990ScheduleD/OtherRevenues | 0 | 5440 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 23226 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1243983 |
| IRS990ScheduleD/Sect170hRequirementsSatisfied | 0 | false |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | false |
| IRS990ScheduleD/TotalAdjustments | 0 | 5440 |
| IRS990ScheduleD/TotalExpenses | 0 | 1187471 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 1187471 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 2822 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 86250 |
| IRS990ScheduleD/TotalOfBookValueProgramRelated | 0 | 1146884 |
| IRS990ScheduleD/TotalRevenue | 0 | 1243983 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1243983 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 1205257 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1267209 |
| IRS990ScheduleD/WrittenPolicyMonitoring | 0 | false |
| IRS990ScheduleE/ComplianceWithRevProc7550 | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPolicies | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthleticProg | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPolicies | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmnFaculty | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActy | 0 | false |
| IRS990ScheduleE/DiscriminateRaceScholarships | 0 | false |
Document Assets
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Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,387,032
- Liabilities
- $14,869
- Net assets
- $1,372,163
- Revenue
- -
- Expenses
- $1,187,471
- Net income
- -