Civic Intelligence

Atc Foundation

EIN 30-0327561 • 501(c)3 • Santa Fe, NM

Profile

Atc foundation operates for the exclusive benefit of the new mexico charter school "academy of technology and the classics", its students, and its staff, to provide education and related services.

1225 S Saint Francis Dr Ste CSanta Fe, NM 87505

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.78x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

10.10x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

25th percentile

-3.9%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

83rd percentile

45%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Down

$3,819,977

Down $317,266 (-7.7%) from 2023

Liabilities

Down

$2,970,131

Down $159,074 (-5.1%) from 2023

Net Assets

Down

$849,846

Down $158,192 (-16%) from 2023

Revenue

Up

$294,053

Up $154,826 (+111%) from 2023

Expenses

Up

$399,756

Up $193,826 (+94%) from 2023

Net Income

Down

-$105,703

Down $39,000 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $5,456,353Liabilities 2014: $4,304,746Net Assets 2014: $1,151,6072014Assets 2015: $5,318,201Liabilities 2015: $4,110,516Net Assets 2015: $1,207,6852015Assets 2016: $5,162,713Liabilities 2016: $3,934,240Net Assets 2016: $1,228,4732016Assets 2019: $4,828,820Liabilities 2019: $3,606,641Net Assets 2019: $1,222,1792019Assets 2020: $4,572,291Liabilities 2020: $3,432,434Net Assets 2020: $1,139,8572020Assets 2021: $4,426,473Liabilities 2021: $3,329,064Net Assets 2021: $1,097,4092021Assets 2022: $4,280,130Liabilities 2022: $3,205,389Net Assets 2022: $1,074,7412022Assets 2023: $4,137,243Liabilities 2023: $3,129,205Net Assets 2023: $1,008,0382023Assets 2025: $3,819,977Liabilities 2025: $2,970,131Net Assets 2025: $849,8462025

Highlighted filing

2025

Assets$3,819,977
Liabilities$2,970,131
Net Assets$849,846

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,437,529Expenses 2014: $790,214Net Income 2014: $1,647,3152014Revenue 2015: $288,419Expenses 2015: $232,341Net Income 2015: $56,0782015Revenue 2016: $222,063Expenses 2016: $201,275Net Income 2016: $20,7882016Revenue 2019: $241,240Expenses 2019: $258,070Net Income 2019: -$16,8302019Revenue 2020: $137,531Expenses 2020: $219,853Net Income 2020: -$82,3222020Revenue 2021: $141,609Expenses 2021: $184,057Net Income 2021: -$42,4482021Revenue 2022: $138,583Expenses 2022: $161,250Net Income 2022: -$22,6672022Revenue 2023: $139,227Expenses 2023: $205,930Net Income 2023: -$66,7032023Revenue 2025: $294,053Expenses 2025: $399,756Net Income 2025: -$105,7032025

Highlighted filing

2025

Revenue$294,053
Expenses$399,756
Net Income-$105,703

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 15, 2025
Return Version
2024v5.2
Gross Receipts
$294,053
Mission and Program Overview

Mission

Atc foundation operates for the exclusive benefit of the new mexico charter school "academy of technology and the classics", its students, and its staff, to provide education and related services.

Atc foundation operates for the exclusive benefit of the new mexico charter school academy of technology and the classics, its students, and its staff, to provide education and related services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,781,438$3,631,009▼ $150,429
Intangible Assets$102,313$101,045▼ $1,268
Cash and Non-Interest-Bearing Accounts$118,817$83,100▼ $35,717
Savings and Temporary Cash Investments$7,414$4,823▼ $2,591
Prepaid Expenses and Deferred Charges$831--
Total Assets$4,010,813$3,819,977▼ $190,836
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,052,039$2,970,131▼ $81,908
Accounts Payable and Accrued Expenses$21,770--
Other Liabilities$481--
Total Liabilities$3,074,290$2,970,131▼ $104,159
Net Assets / Fund Balance
Net Assets With Donor Restrictions$451,000$451,000→ $0
Net Assets Without Donor Restrictions$485,523$398,846▼ $86,677
Total Net Assets Fund Balance$936,523$849,846▼ $86,677
Total Liabilities and Net Assets / Fund Balance$4,010,813$3,819,977▼ $190,836

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,137,600$2,658,887-
Land$451,000--
Leasehold Improvements$42,409$32,382-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea FisetSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$53
Other Revenue
$294,000
Change in Net Assets
$-105,703

Audited Revenue Reconciliation

Revenue per Audited Statements
$294,207
Revenue Not Reported on Form 990
$-154
Total Revenue per Audited Statements
$294,053
Total Revenue per Form 990
$294,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$365,756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$189,962--$189,962
Depreciation Depletion$155,397--$155,397
Benefits to Members$34,000--$34,000
Fees for Services Other-$12,049-$12,049
Fees for Services Accounting-$5,985-$5,985
Insurance-$2,362-$2,362
Other Expenses-$1-$1
Total Functional Expenses$379,359$20,397$0$399,756

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$282,293
Expenses per Audited Statements$169,375
Total Expenses per Form 990$169,375
Expenses Not Reported on Form 990$112,918
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

No review was or will be conducted

Governing documents etc available to public Part VI line 19

Audited financial statements are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Atc Foundation
EIN
30-0327561
In Care Of
% JASON MORGAN
Phone
5059200414
Address
1225 S SAINT FRANCIS DR STE C, SANTA FE, NM 87505

Signing Officer

Name
Jason Morgan
Title
Treasurer
Phone
5059200414
Signed
2025-12-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Andrea Fiset
Formed
2005
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Tax & Accounting Solutions LLC
Address
1225 S Saint Francis Dr Ste C, Santa Fe, NM 87505-4043
Preparer
Eloisa Rivera Ea
Phone
5059840646
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

PRIOR PERIOD ADJUSTMENTS

Financial Statement Notes

Part XII, Line 2D-Other expenses included on Sch D but not on 990

BOOK / TAX DEPRECIATION

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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/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087505
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05059200414
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ATC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ATCF
ReturnHeader/Filer/EIN0300327561
ReturnHeader/Filer/InCareOfNm0% JASON MORGAN
ReturnHeader/Filer/PhoneNum05059200414
ReturnHeader/Filer/USAddress/AddressLine1Txt01225 S SAINT FRANCIS DR STE C
ReturnHeader/Filer/USAddress/CityNm0SANTA FE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087505
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463403498
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax & Accounting Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01225 S Saint Francis Dr Ste C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Santa Fe
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0875054043
ReturnHeader/PreparerPersonGrp/PhoneNum05059840646
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELOISA RIVERA EA
ReturnHeader/ReturnTs02025-12-17T18:06:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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