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Nonprofit · EIN 26-1371678

ALTA MONTE CHILD DEVELOPMENT CENTER INC

Tax-exempt · ALBUQUERQUE, NM 87107

Financials

$1.2M$1.1M2023$1.2M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of ALTA MONTE CHILD DEVELOPMENT CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,231,052$1,110,516$120,536$1,756,558$570,438$1,186,120
December 31, 2023990$1,198,741$1,093,151$105,590$1,093,933$45,577$1,048,356
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,217,976
Investment income
$13,076
Net gain from sales of assets
$4,288
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$635,067
Salaries, compensation and benefits (total)
$688,087
Professional fundraising fees
$0
Accounting fees
$32,485
Occupancy
$225,346
Depreciation
$29,796
Program services (functional)
$993,560
Management and general (functional)
$116,956

Balance sheet and other

Total assets, start of year
$1,093,933
Total assets, end of year
$1,756,558
Total liabilities, end of year
$570,438
Net assets, end of year
$1,186,120
Land, buildings and equipment
$250,920
Publicly traded securities
$287,358
Net assets without donor restrictions
$1,186,120
Gross receipts
$1,286,930
Employees
37
Year formed
2007
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LORENA FOUSTPRESIDENT
Trustee or director, Officer
–$0
MICHAEL COXSECRETARY/TR
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
LORENA FOUSTPRESIDENT
Trustee or director, Officer
20$0
MICHAEL COXSECRETARY/TR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
3305 ALTA MONTE AVE NE, ALBUQUERQUE, NM 87107-4461
Principal officer (990 for 2024)
LORENA FOUST, 604 CEDAR HILL RD NE, ALBUQUERQUE, NM 87122
Signed the 990
LORENA FOUST, PRESIDENT
Phone
(505) 883-8530
Return prepared by
SCHLENKER & CANTWELL PA

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

990 for the year ended December 31, 2024

Program accomplishments

  • CHILDREN'S DAYCARE THAT RECEIVES STATE FINANCIAL ASSISTANCE FOR THOSE FAMILIES THAT CANNOT AFFORD DAYCARE COSTS, INCLUDING RECEIPT OF FINANCIAL ASSISTANCE FOR DAILY NUTRITION FROM FEDERAL ASSISTANCE. ADDITIONALLY, THE DAYCARE COSTS TO THE COMMUNITY AT LARGE ARE 10-20% LESS THAN THE DAYCARE AT NATIONAL CHAINS.
    Expenses $993,560

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1371678
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P33)
Assets (IRS master file)
$1,756,558
Income (IRS master file)
$1,286,930

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,231,052$1,110,516$1,756,558XML
990December 2023$1,198,741$1,093,151$1,093,933XML
990December 2022$1,260,464$987,137$1,306,991IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1371678).

Questions about ALTA MONTE CHILD DEVELOPMENT CENTER INC

What is the EIN of ALTA MONTE CHILD DEVELOPMENT CENTER INC?
The employer identification number (EIN) of ALTA MONTE CHILD DEVELOPMENT CENTER INC is 26-1371678.
Is ALTA MONTE CHILD DEVELOPMENT CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to ALTA MONTE CHILD DEVELOPMENT CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALTA MONTE CHILD DEVELOPMENT CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALTA MONTE CHILD DEVELOPMENT CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALTA MONTE CHILD DEVELOPMENT CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ALTA MONTE CHILD DEVELOPMENT CENTER INC?
The 990 for the year ended December 31, 2024 names LORENA FOUST.
Who are the officers and directors of ALTA MONTE CHILD DEVELOPMENT CENTER INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ALTA MONTE CHILD DEVELOPMENT CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,231,052, expenses of $1,110,516 and total assets of $1,756,558 at year end.

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