Albuquerque Public Schools Foundation
EIN: 850434438 · Albuquerque, NM · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $2.3M |
| Net Assets | $9.8M |
Is Albuquerque Public Schools Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albuquerque Public Schools Foundation
Albuquerque Public Schools Foundation (EIN: 850434438) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B12. The organization reported total revenue of $6.0M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albuquerque Public Schools Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albuquerque Public Schools Foundation is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$118K |
| Total Assets | $10.0M |
| Total Liabilities | $225K |
| Net Assets | $9.8M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 51.9 months |
Financial Health Grade: A
In 2023, Albuquerque Public Schools Foundation reported a surplus of $118K with revenue exceeding expenses, holds 51.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Albuquerque Public Schools Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | -3.7% | +2.9% |
| 2022 | +16.1% | +52.6% | +2.2% |
| 2021 | +28.5% | +5.8% | +11.9% |
| 2020 | -14.9% | -29.9% | +2.3% |
| 2019 | -9.5% | +2.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albuquerque Public Schools Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albuquerque Public Schools Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $118K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Albuquerque Public Schools Foundation
Is Albuquerque Public Schools Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albuquerque Public Schools Foundation (EIN: 850434438) insufficient data. 0 red flags identified, 0 strengths noted.
How does Albuquerque Public Schools Foundation spend its money?
Detailed spending breakdown data is not yet available for Albuquerque Public Schools Foundation. Check back for updated IRS 990 analysis.
Are donations to Albuquerque Public Schools Foundation tax-deductible?
Albuquerque Public Schools Foundation is registered as a tax-exempt nonprofit (EIN: 850434438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albuquerque Public Schools Foundation located?
Albuquerque Public Schools Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850434438. It is classified under NTEE code B12.
How many years of IRS 990 filings does Albuquerque Public Schools Foundation have?
Albuquerque Public Schools Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.0M in total revenue.
Filing History
IRS 990 filing history for Albuquerque Public Schools Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Albuquerque Public Schools Foundation's revenue has grown by 60.1%, moving from $1.5M to $2.4M. Total assets increased by 47.9% over the same period, from $6.7M to $10.0M. Total functional expenses rose by 227.6%, from $705K to $2.3M. In its most recent filing year (2023), Albuquerque Public Schools Foundation reported a surplus of $118K, with revenue exceeding expenses. The organization holds $225K in liabilities against $10.0M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.3M | $10.0M | $225K | — | View 990 |
| 2022 | $2.7M | $2.4M | $9.7M | $87K | — | View 990 |
| 2021 | $2.3M | $1.6M | $9.5M | $59K | — | View 990 |
| 2020 | $1.8M | $1.5M | $8.5M | $9K | — | View 990 |
| 2019 | $2.1M | $2.1M | $8.3M | $209K | — | View 990 |
| 2018 | $2.3M | $2.1M | $8.1M | $120K | — | View 990 |
| 2017 | $2.4M | $2.1M | $7.5M | $103K | — | View 990 |
| 2016 | $1.6M | $1.8M | $7.4M | $220K | — | View 990 |
| 2015 | $2.5M | $2.0M | $7.4M | $96K | — | View 990 |
| 2014 | $3.2M | $3.0M | $7.0M | $78K | — | View 990 |
| 2013 | $2.8M | $2.5M | $6.6M | $16K | — | View 990 |
| 2012 | $1.0M | $911K | $6.4M | $1.9M | — | View 990 |
| 2011 | $1.5M | $705K | $6.7M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.3M, and assets of $10.0M (revenue -9.1% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.4M, and assets of $9.7M (revenue +16.1% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.6M, and assets of $9.5M (revenue +28.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $8.5M (revenue -14.9% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $8.3M (revenue -9.5% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.1M, and assets of $8.1M (revenue -1.5% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.1M, and assets of $7.5M (revenue +46.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.8M, and assets of $7.4M (revenue -34.4% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.0M, and assets of $7.4M (revenue -23.7% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.0M, and assets of $7.0M (revenue +16.7% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.5M, and assets of $6.6M (revenue +170.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $911K, and assets of $6.4M (revenue -32.7% year-over-year).
- 2011: Revenue of $1.5M, expenses of $705K, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albuquerque Public Schools Foundation:
Data Sources and Methodology
This transparency report for Albuquerque Public Schools Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.