Civic Intelligence

National College of Midwifery Inc.

EIN 85-0387957 • 501(c)3 • Taos, NM

Pub. 78 Eligible

Profile

To provide aspiring direct-entry midwives with access to superlative clinical and didactic education culminating in an accredited degree emphasizing maternal and infant risk-reduction. The degree programs of the National College of Midwifery are implemented in diverse learning environments chosen by the student and the preceptor, from individual and group apprenticeships, to classroom settings, allowing for multiple approaches to learning while requiring a high degree of initiative and discipline from the student.

1041 Reed Lane Ste CTaos, NM 87571

midwiferycollege.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.33x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.28x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

30th percentile

-4.9%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

68th percentile

$52,255

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

9th percentile

-35%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

3.1%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$549,386

Down $298,438 (-35%) from 2022

Liabilities

Down

$178,962

Down $14,034 (-7.3%) from 2022

Net Assets

Down

$370,424

Down $284,404 (-43%) from 2022

Revenue

Up

$637,675

Up $19,330 (+3.1%) from 2022

Expenses

Up

$669,136

Up $31,049 (+4.9%) from 2022

Net Income

Down

-$31,461

Down $11,719 (-59%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $264,675Liabilities 2011: $2,092Net Assets 2011: $262,5832011Assets 2012: $269,202Liabilities 2012: $6,656Net Assets 2012: $262,5462012Assets 2013: $301,363Liabilities 2013: $2,496Net Assets 2013: $298,8672013Assets 2014: $253,517Liabilities 2014: $7,273Net Assets 2014: $246,2442014Assets 2015: $321,282Liabilities 2015: $3,170Net Assets 2015: $318,1122015Assets 2016: $215,239Liabilities 2016: $2,867Net Assets 2016: $212,3722016Assets 2017: $326,380Liabilities 2017: $3,049Net Assets 2017: $323,3312017Assets 2018: $265,790Liabilities 2018: $4,619Net Assets 2018: $261,1712018Assets 2019: $259,644Liabilities 2019: $4,898Net Assets 2019: $254,7462019Assets 2020: $835,548Liabilities 2020: $253,715Net Assets 2020: $581,8332020Assets 2021: $881,468Liabilities 2021: $206,898Net Assets 2021: $674,5702021Assets 2022: $847,824Liabilities 2022: $192,996Net Assets 2022: $654,8282022Assets 2023: $549,386Liabilities 2023: $178,962Net Assets 2023: $370,4242023

Highlighted filing

2023

Assets$549,386
Liabilities$178,962
Net Assets$370,424

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $189,756Expenses 2011: $165,124Net Income 2011: $24,6322011Revenue 2012: $174,372Expenses 2012: $174,409Net Income 2012: -$372012Revenue 2013: $232,826Expenses 2013: $196,505Net Income 2013: $36,3212013Revenue 2014: $187,832Expenses 2014: $240,455Net Income 2014: -$52,6232014Revenue 2015: $255,193Expenses 2015: $183,325Net Income 2015: $71,8682015Revenue 2016: $100,776Expenses 2016: $206,516Net Income 2016: -$105,7402016Revenue 2017: $309,748Expenses 2017: $198,789Net Income 2017: $110,9592017Revenue 2018: $200,940Expenses 2018: $254,731Net Income 2018: -$53,7912018Revenue 2019: $266,874Expenses 2019: $273,299Net Income 2019: -$6,4252019Revenue 2020: $379,373Expenses 2020: $332,207Net Income 2020: $47,1662020Revenue 2021: $555,277Expenses 2021: $462,540Net Income 2021: $92,7372021Revenue 2022: $618,345Expenses 2022: $638,087Net Income 2022: -$19,7422022Revenue 2023: $637,675Expenses 2023: $669,136Net Income 2023: -$31,4612023

Highlighted filing

2023

Revenue$637,675
Expenses$669,136
Net Income-$31,461

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.49$1.79$3.70$6.38$6.69$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$1.93$6.55$6.18$6.38$0.20
2021Detailed filing. Detailed filing data is available for this year.$8.81$2.07$6.75$5.55$4.63$0.93
2020Detailed filing. Detailed filing data is available for this year.$8.36$2.54$5.82$3.79$3.32$0.47
2019Detailed filing. Detailed filing data is available for this year.$2.60$0.05$2.55$2.67$2.73$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.66$0.05$2.61$2.01$2.55$0.54
2017Detailed filing. Detailed filing data is available for this year.$3.26$0.03$3.23$3.10$1.99$1.11
2016Detailed filing. Detailed filing data is available for this year.$2.15$0.03$2.12$1.01$2.07$1.06
2015Detailed filing. Detailed filing data is available for this year.$3.21$0.03$3.18$2.55$1.83$0.72
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.07$2.46$1.88$2.40$0.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.02$2.99$2.33$1.97$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.07$2.63$1.74$1.74$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.02$2.63$1.90$1.65$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Dec 4, 2025
Return Version
2022v5.0
Gross Receipts
$645,750
Mission and Program Overview

Mission

To provide aspiring direct-entry midwives with access to superlative clinical and didactic education culminating in an accredited degree emphasizing maternal and infant risk-reduction. The degree programs of the National College of Midwifery are implemented in diverse learning environments chosen by the student and the preceptor, from individual and group apprenticeships, to classroom settings, allowing for multiple approaches to learning while requiring a high degree of initiative and discipline from the student.

"improving care for mothers and babies through midwifery education. "to provide a degree granting, educational route for the training of midwives in their community setting to contain costs. "to provide accessible midwifery training to student midwives in any location and at any level of training under the guidance of an approved preceptor(s). "to promote community involvement and keep the student's family structure intact. "to provide a core curriculum for each of the degrees offered. "to provide an associates of science in midwifery and a bachelor of science in midwifery. "to provide courses and guidance to professional and state entities to fill expressed needs for specific courses of subject areas. "to allow the student to choose their own preceptor(s) according to a mutually acceptable agreement based on college guidelines. "to provide a faculty board made up of volunteers in the field of midwifery education and related disciplines to provide for reviewing proposed research projec

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$251,554--
Cash and Non-Interest-Bearing Accounts$267,731$223,629▼ $44,102
Land, Buildings, and Equipment, Net$202,433$195,855▼ $6,578
Savings and Temporary Cash Investments$126,106$129,902▲ $3,796
Total Assets$847,824$549,386▼ $298,438
Liabilities
Mortgage Notes Payable Secured by Investment Property$177,893$159,920▼ $17,973
Other Liabilities$4,500$15,649▲ $11,149
Accounts Payable and Accrued Expenses$10,603$3,393▼ $7,210
Total Liabilities$192,996$178,962▼ $14,034
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$654,828$370,424▼ $284,404
Total Net Assets Fund Balance$654,828$370,424▼ $284,404
Total Liabilities and Net Assets / Fund Balance$847,824$549,386▼ $298,438

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$195,855$59,053$254,908
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tanya Smith-johnsonDirectorFT$52,255$52,255

Board Members and Trustees

NameTitle
Ezra DeppermanPresident /
Chritina CastroDirector
Monica EsparzaVP / Treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$21,586
Program Service Revenue
$558,516
Investment Income
$0
Other Revenue
$57,573
All Other Contributions
$21,586
Change in Net Assets
$-31,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$381,115
Other Expenses$288,021
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$218,256$54,564-$272,820
Information Technology$114,893$653-$115,546
Current Officers, Directors, Trustees, and Key Employees$41,804$10,451-$52,255
Payroll Taxes$31,274$7,819-$39,093
Office Expenses$10,470$14,846-$25,316
Travel$13,126$3,281-$16,407
Occupancy$15,488--$15,488
Other Employee Benefits$10,640$2,660-$13,300
Interest-$11,693-$11,693
Fees for Services Other-$8,091-$8,091
Fees for Services Accounting-$6,597-$6,597
Depreciation Depletion$6,578--$6,578
Insurance$3,743$1,760-$5,503
Pension Plan Contributions$2,917$730-$3,647
Other Expenses$20,228$292-$292
Advertising$176--$176
Conferences and Meetings$32--$32
Total Functional Expenses$545,699$123,437$0$669,136
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposit$11,149
Other Liability$4,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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

The form 990 is reviewed and signed by the organization's treasurer and presented to the board for review when there is time for a board meeting before filing. If there is not sufficient time, it is reviewed in the first board meeting after the due dateof the filing.

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

To ensure the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, includethe following subjects: whether compensation and benefits are reasonable, based on competent survey information, and the results of arms length bargaining. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissable private benefit, or in an excess benefit transaction.

Form 990, Page 6, Part VI, Line 19

The organization keeps all governing documents, policies and financial statements available upon request at their offices.

Filing and Contact Details

Filer

Filer Name
National College of Midwifery
EIN
85-0387957
Phone
5757588914
Address
1041 REED LANE STE C, TAOS, NM 87571

Signing Officer

Name
Tanya Smith-johnson
Title
Director
Phone
5757588914
Signed
2025-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tanya Smith-johnson
Formed
1989
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
3
Employees
9

Preparer

Firm
Waters & Company LLC
Address
3311 CANDELARIA RD NE STE D, ALBUQUERQUE, NM 87107
Preparer
Ollie D Waters
Phone
5052600616
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

"improving care for mothers and babies through midwifery education. "to provide a degree granting, educational route for the training of midwives in their community setting to contain costs. "to provide accessible midwifery training to student midwives in any location and at any level of training under the guidance of an approved preceptor(s). "to promote community involvement and keep the student's family structure intact. "to provide a core curriculum for each of the degrees offered. "to provide an associates of science in midwifery and a bachelor of science in midwifery. "to provide courses and guidance to professional and state entities to fill expressed needs for specific courses of subject areas. "to allow the student to choose their own preceptor(s) according to a mutually acceptable agreement based on college guidelines. "to provide a faculty board made up of volunteers in the field of midwifery education and related disciplines to provide for reviewing proposed research projects. "to address the following concerns about midwifery apprenticeship nationally: o consistency from preceptorship to preceptorship in academic content. O guidance for the preceptor and student through materials to be covered. O credibility for the national program.

Raw XML Appendix348 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/Desc0FOR THE PERIOD OF SEPTEMBER 1, 2022 TO OCTOBER 31, 2023, NCM HAD 272 STUDENTS THAT WERE ACTIVE. WE ENROLLED 49 NEW STUDENTS. TWENTY-TWO STUDENTS RECEIVED THEIR ASSOCIATE OF SCIENCE IN MIDWIFERY AND 2 RECEIVED THEIR BACHELOR OF SCIENCE IN MIDWIFERY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT /
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DISCLOSES THE POLICY ON ITS WEBSITE AND ON ALL RELEVANT PRINTED MATERIALS. MIDWIFERYCOLLEGE.EDU WWW.MIDWIFERYCOLLEGE.EDU/PHILOSOPHY-NATIONAL-COLLEGE-OF- MIDWIFERY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0"IMPROVING CARE FOR MOTHERS AND BABIES THROUGH MIDWIFERY EDUCATION. "TO PROVIDE A DEGREE GRANTING, EDUCATIONAL ROUTE FOR THE TRAINING OF MIDWIVES IN THEIR COMMUNITY SETTING TO CONTAIN COSTS. "TO PROVIDE ACCESSIBLE MIDWIFERY TRAINING TO STUDENT MIDWIVES IN ANY LOCATION AND AT ANY LEVEL OF TRAINING UNDER THE GUIDANCE OF AN APPROVED PRECEPTOR(S). "TO PROMOTE COMMUNITY INVOLVEMENT AND KEEP THE STUDENT'S FAMILY STRUCTURE INTACT. "TO PROVIDE A CORE CURRICULUM FOR EACH OF THE DEGREES OFFERED. "TO PROVIDE AN ASSOCIATES OF SCIENCE IN MIDWIFERY AND A BACHELOR OF SCIENCE IN MIDWIFERY. "TO PROVIDE COURSES AND GUIDANCE TO PROFESSIONAL AND STATE ENTITIES TO FILL EXPRESSED NEEDS FOR SPECIFIC COURSES OF SUBJECT AREAS. "TO ALLOW THE STUDENT TO CHOOSE THEIR OWN PRECEPTOR(S) ACCORDING TO A MUTUALLY ACCEPTABLE AGREEMENT BASED ON COLLEGE GUIDELINES. "TO PROVIDE A FACULTY BOARD MADE UP OF VOLUNTEERS IN THE FIELD OF MIDWIFERY EDUCATION AND RELATED DISCIPLINES TO PROVIDE FOR REVIEWING PROPOSED RESEARCH PROJECTS. "TO ADDRESS THE FOLLOWING CONCERNS ABOUT MIDWIFERY APPRENTICESHIP NATIONALLY: O CONSISTENCY FROM PRECEPTORSHIP TO PRECEPTORSHIP IN ACADEMIC CONTENT. O GUIDANCE FOR THE PRECEPTOR AND STUDENT THROUGH MATERIALS TO BE COVERED. O CREDIBILITY FOR THE NATIONAL PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND SIGNED BY THE ORGANIZATION'S TREASURER AND PRESENTED TO THE BOARD FOR REVIEW WHEN THERE IS TIME FOR A BOARD MEETING BEFORE FILING. IF THERE IS NOT SUFFICIENT TIME, IT IS REVIEWED IN THE FIRST BOARD MEETING AFTER THE DUE DATEOF THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDETHE FOLLOWING SUBJECTS: WHETHER COMPENSATION AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULTS OF ARMS LENGTH BARGAINING. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSABLE PRIVATE BENEFIT, OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION KEEPS ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THEIR OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TANYA SMITH-JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL COLLEGE OF MIDWIFERY
ReturnHeader/Filer/BusinessNameControlTxt0NATI
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ReturnHeader/PreparerPersonGrp/PhoneNum05052600616
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OLLIE D WATERS
ReturnHeader/ReturnTs02025-12-10T08:32:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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