Civic Intelligence

Fayette Street Educational Foundation

990 • Fiscal year 2019 • EIN 85-0336034

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 14, 2020

830 Fayette StSanta Fe, NM 87505

(505) 982-3396

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Net Margin

47th percentile

2.7%

Higher net margin than 47% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$43,142

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Asset Growth

58th percentile

7.8%

Faster asset growth than 58% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

4.1%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$102,156

Up $7,414 (+7.8%) from 2018

Net Assets

Up

$102,156

Up $7,414 (+7.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$273,457

Up $10,731 (+4.1%) from 2018

Expenses

Down

$266,043

Down $6,387 (-2.3%) from 2018

Net Income

Up

$7,414

Up $17,118 (+176%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $132,039Liabilities 2011: $0Net Assets 2011: $132,0392011Assets 2012: $110,603Liabilities 2012: $0Net Assets 2012: $110,6032012Assets 2013: $136,056Liabilities 2013: $0Net Assets 2013: $136,0562013Assets 2014: $115,743Liabilities 2014: $0Net Assets 2014: $115,7432014Assets 2015: $119,941Liabilities 2015: $0Net Assets 2015: $119,9412015Assets 2016: $113,799Liabilities 2016: $0Net Assets 2016: $113,7992016Assets 2017: $105,278Liabilities 2017: $832Net Assets 2017: $104,4462017Assets 2018: $94,742Liabilities 2018: $0Net Assets 2018: $94,7422018Assets 2019: $102,156Liabilities 2019: $0Net Assets 2019: $102,1562019Assets 2020: $103,780Liabilities 2020: $25,531Net Assets 2020: $78,2492020Assets 2021: $113,408Liabilities 2021: $36,706Net Assets 2021: $76,7022021Assets 2022: $151,493Liabilities 2022: $393Net Assets 2022: $151,1002022Assets 2023: $183,994Liabilities 2023: $1,285Net Assets 2023: $182,7092023Assets 2024: $175,476Liabilities 2024: $2,002Net Assets 2024: $173,4742024

Highlighted filing

2019

Assets$102,156
Liabilities$0
Net Assets$102,156

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $348,921Expenses 2011: $336,539Net Income 2011: $12,3822011Revenue 2012: $301,663Expenses 2012: $323,099Net Income 2012: -$21,4362012Revenue 2013: $349,890Expenses 2013: $324,437Net Income 2013: $25,4532013Revenue 2014: $305,818Expenses 2014: $326,131Net Income 2014: -$20,3132014Revenue 2015: $307,260Expenses 2015: $303,062Net Income 2015: $4,1982015Revenue 2016: $313,551Expenses 2016: $319,693Net Income 2016: -$6,1422016Revenue 2017: $286,759Expenses 2017: $295,280Net Income 2017: -$8,5212017Revenue 2018: $262,726Expenses 2018: $272,430Net Income 2018: -$9,7042018Revenue 2019: $273,457Expenses 2019: $266,043Net Income 2019: $7,4142019Revenue 2020: $268,335Expenses 2020: $292,242Net Income 2020: -$23,9072020Revenue 2021: $158,214Expenses 2021: $159,761Net Income 2021: -$1,5472021Revenue 2022: $445,015Expenses 2022: $370,617Net Income 2022: $74,3982022Revenue 2023: $432,037Expenses 2023: $400,428Net Income 2023: $31,6092023Revenue 2024: $429,397Expenses 2024: $438,632Net Income 2024: -$9,2352024

Highlighted filing

2019

Revenue$273,457
Expenses$266,043
Net Income$7,414
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 14, 2020
Return Version
2019v5.0
Gross Receipts
$278,016
Mission and Program Overview

Mission

The Board of Fayette Street Educational Foundation has as its primary mission to operate and maintain a children's school. This school meets all of the requirements of non-discrimination as outlined in the 501(c)3 requirements.

Fayette Street Educational Foundation has as its mission to operate and maintain a children's school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,742$102,156▲ $7,414
Rtn Earn Endowment Incm Other Fnds$94,742$102,156▲ $7,414
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$94,742$102,156▲ $7,414
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$94,742$102,156▲ $7,414
Total Liabilities and Net Assets / Fund Balance$94,742$102,156▲ $7,414

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$14,717$14,717
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen MurphyDirector/TeacherFT$43,142$43,142
Tara ChandlerDirector/Head of SchoolFT$33,715$33,715

Board Members and Trustees

NameTitle
John ChamberlainPresident
Ele Simons-HarwoodSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$267,155
Investment Income
$0
Other Revenue
$6,302
All Other Contributions
$0
Change in Net Assets
$7,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,825
Other Expenses$78,846
Total Fundraising Expense$7,054
Grants and Similar Amounts Paid$372
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,748$5,617$2,808$96,173
Current Officers, Directors, Trustees, and Key Employees$58,585$14,429$3,843$76,857
Occupancy$25,022$2,780$0$27,802
Payroll Taxes$12,586$806$403$13,795
Fees for Services Other$11,075$260$0$11,335
Insurance$4,433$4,433$0$8,866
All Other Expenses$6,229$757$0$6,986
Office Expenses$2,357$262$0$2,619
Advertising$1,442$0$0$1,442
Fees for Services Accounting$0$878$0$878
Other Expenses$824$0$0$824
Grants to Domestic Orgs$372--$372
Conferences and Meetings$191$21$0$212
Total Functional Expenses$226,958$32,031$7,054$266,043
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,861
Fundraising Direct Expenses$4,559
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kathleen MurphyDirectorCompensationNo$43,142
Tara ChandlerDirector/Head of SchoolCompensationNo$33,715
John ChamberlainOfficerLease - School Building and EquipmentNo$27,900

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John Chamberlain, Board President of the Foundation, is the parent of Tara Chandler, Director and Head of School.

Form 990, Part VI, Section B, Line 11B

A draft of the 990 is provided to all Board members for their review. Any questions or concerns are communicated to the Secretary/Treasurer or President. Upon receiving no further questions, the Secretary/Treasurer instructs the Form 990 be finalized and submitted to the Internal Revenue Service.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are made available to the public upon request. Governing policies are contained on the organization's website and are available as printed material to be be distributed to the public.

Filing and Contact Details

Filer

Filer Name
Fayette Street Educational Foundationf
EIN
85-0336034
Phone
5059823396
Address
830 Fayette St, Santa Fe, NM 87505
Doing Business As
Fayette Street Academy

Signing Officer

Name
Tara Chandler
Title
Director/Head of School
Phone
5059823396
Signed
2020-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Chamberlain
Formed
1982
Legal Domicile
Nm
Voting Board Members
4
Independent Board Members
1
Employees
10
Volunteers
55

Preparer

Firm
Deanna Einspahr
Address
725 Mesilla Rd, Santa Fe, NM 87501
Preparer
Deanna Einspahr
Phone
5059835643
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Fees for Services (Non-employees), other, includes $11,075 in payments to independent contractors for teaching specialized subjects such as music, art and science.

Raw XML AppendixShowing 400 of 540 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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IRS990/OccupancyGrp/ManagementAndGeneralAmt02780
IRS990/OccupancyGrp/ProgramServicesAmt025022
IRS990/OccupancyGrp/TotalAmt027802
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0262
IRS990/OfficeExpensesGrp/ProgramServicesAmt02357
IRS990/OfficeExpensesGrp/TotalAmt02619
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Equipment Rental
IRS990/OtherExpensesGrp/Desc2Program Materials and Supplies
IRS990/OtherExpensesGrp/Desc3Field Workshops & Field Trips
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01403
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1240
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2145
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt012629
IRS990/OtherExpensesGrp/ProgramServicesAmt12160
IRS990/OtherExpensesGrp/ProgramServicesAmt21305
IRS990/OtherExpensesGrp/ProgramServicesAmt3824
IRS990/OtherExpensesGrp/TotalAmt014032
IRS990/OtherExpensesGrp/TotalAmt12400
IRS990/OtherExpensesGrp/TotalAmt21450
IRS990/OtherExpensesGrp/TotalAmt3824
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02808
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt087748
IRS990/OtherSalariesAndWagesGrp/TotalAmt096173
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0403
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0806
IRS990/PayrollTaxesGrp/ProgramServicesAmt012586
IRS990/PayrollTaxesGrp/TotalAmt013795
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John Chamberlain
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0267155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0267155
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0341
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt092705
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0262726
IRS990/PYRevenuesLessExpensesAmt0-9704
IRS990/PYSalariesCompEmpBnftPaidAmt0179384
IRS990/PYTotalExpensesAmt0272430
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0262726
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt07414
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0267155
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt094742
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0102156
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014717
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014717
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.02$1.73$4.29$4.39$0.09
2023Summary only. Only limited summary data is available for this year.$1.84$0.01$1.83$4.32$4.00$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$4.45$3.71$0.74
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.37$0.77$1.58$1.60$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.26$0.78$2.68$2.92$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$2.73$2.66$0.07
2018Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$2.63$2.72$0.10
2017Summary only. Only limited summary data is available for this year.$1.05$0.01$1.04$2.87$2.95$0.09
2016Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$3.14$3.20$0.06
2015Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$3.07$3.03$0.04
2014Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$3.06$3.26$0.20
2013Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$3.50$3.24$0.25
2012Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$3.02$3.23$0.21
2011Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$3.49$3.37$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits