Nonprofit · EIN 81-1754189
INDIGENOUS EDUCATION INC
Tax-exempt · ALBUQUERQUE, NM 87110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,653,063 | $10,552,750 | $100,313 | $4,846,888 | $4,435,207 | $411,681 |
| December 31, 2024 | 990 | $10,059,894 | $10,295,227 | -$235,333 | $4,529,362 | $4,217,994 | $311,368 |
| December 31, 2023 | 990 | $7,848,383 | $7,913,732 | -$65,349 | $3,715,000 | $3,168,299 | $546,701 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $10,511,222
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $141,841
Expenses
- Grants and similar amounts paid
- $8,760,164
- Compensation of officers, directors and key employees
- $209,490
- Other salaries and wages
- $676,711
- Salaries, compensation and benefits (total)
- $1,026,577
- Professional fundraising fees
- $0
- Legal fees
- $25,952
- Accounting fees
- $85,804
- Occupancy
- $78,126
- Travel
- $328,334
- Depreciation
- $3,808
- Program services (functional)
- $9,887,478
- Management and general (functional)
- $665,272
Balance sheet and other
- Total assets, start of year
- $4,529,362
- Total assets, end of year
- $4,846,888
- Total liabilities, end of year
- $4,435,207
- Net assets, end of year
- $411,681
- Land, buildings and equipment
- $38,214
- Net assets without donor restrictions
- $411,681
- Gross receipts
- $10,653,063
- Employees
- 13
- Year formed
- 2016
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELVIN E MONETTE | CEO Officer | 40 | $131,057 | $3,433 |
| KELLY FAYARD | VICE CHAIR Trustee or director, Officer | 5 | $25,000 | $0 |
| CLINTON CARROLL | CHAIR Trustee or director, Officer | 5 | $25,000 | $0 |
| CARMEN JIMENEZ | TREASURER Trustee or director, Officer | 5 | $25,000 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELVIN E MONETTE | CEO Officer | 40 | $123,691 | $2,474 |
| KELLY FAYARD | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CLINTON CARROLL | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CARMEN JIMENEZ | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELVIN E MONETTE | PRESIDENT/CE Trustee or director, Officer | 40 | $126,489 | $13,551 |
| KELLY FAYARD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CLINTON CARROLL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2155 LOUISIANA BLVD NE, ALBUQUERQUE, NM 87110-5409
- In care of
- % MR MELVIN MONETTE
- Principal officer (990 for 2025)
- MELVIN E MONETTE, 2155 LOUISIANA BLVD NE SUITE 10100, ALBUQUERQUE, NM 87110
- Signed the 990
- MELVIN E MONETTE, CEO
- Phone
- (505) 313-0032
- Website
- COBELLSCHOLAR.ORG
- Return prepared by
- PULAKOS CPAS PC
Mission
PROVIDING ELEVATED OPPORTUNITIES FOR NATIVE COLLEGE STUDENTS THROUGH EMPOWERING THEM WITH AN IMPACTFUL SCHOLARSHIP EXPERIENCE DESIGNED TO SUPPORT THEIR SUCCESS IN HIGHER EDUCATION.
Program accomplishments
- FOR THE YEAR ENDED DECEMBER 31, 2025, THE ORGANIZATION PROVIDED 8,760,164 TO 2,116 STUDENTS TO ATTEND THE 2025 SPRING, 2025 SUMMER, AND 2025 FALL ACADEMIC TERMS. UNDERGRADUATE LEVEL STUDENTS COMPRISED 1,820 OF THESE SCHOLARS WHILE GRADUATE AND PROFESSIONAL STUDENTS MADE UP THE OTHER 296 SCHOLARS.Expenses $9,887,478 · grants $8,760,164
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1754189
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $4,846,888
- Income (IRS master file)
- $10,653,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,653,063 | $10,552,750 | $4,846,888 | XML |
| 990 | December 2024 | $10,059,894 | $10,295,227 | $4,529,362 | IRS |
| 990 | December 2023 | $7,848,383 | $7,913,732 | $3,715,000 | XML |
| 990 | December 2022 | $7,601,899 | $7,724,357 | $3,871,747 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 81-1754189).
Questions about INDIGENOUS EDUCATION INC
- What is the EIN of INDIGENOUS EDUCATION INC?
- The employer identification number (EIN) of INDIGENOUS EDUCATION INC is 81-1754189.
- Is INDIGENOUS EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to INDIGENOUS EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIGENOUS EDUCATION 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 INDIGENOUS EDUCATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIGENOUS EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDIGENOUS EDUCATION INC?
- The 990 for the year ended December 31, 2025 names MELVIN E MONETTE.
- Who are the officers and directors of INDIGENOUS EDUCATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $131,057 (MELVIN E MONETTE, CEO).
- How much revenue does INDIGENOUS EDUCATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,653,063, expenses of $10,552,750 and total assets of $4,846,888 at year end.
Other nonprofits in ALBUQUERQUE
- UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED EIN 85-0275408 · last filed 990 for 2025
- ALBUQUERQUE ACADEMY EIN 85-0129165 · last filed 990 for 2025
- SANDIA SCHOOL EIN 85-0196115 · last filed 990 for 2025
- HOPE CHRISTIAN SCHOOLS INC EIN 85-0244670 · last filed 990 for 2025
- BOSQUE SCHOOL EIN 85-0420092 · last filed 990 for 2025
- NATIVE FORWARD SCHOLARS FUND EIN 85-0222386 · last filed 990 for 2025
- NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION EIN 85-0291313 · last filed 990 for 2025
- RGEC INC EIN 85-0471881 · last filed 990 for 2025