Civic Intelligence

Albuquerque Oasis

990 • Fiscal year 2024 • EIN 32-0081580

Jan 01, 2024 to Dec 31, 2024 • Filed on May 12, 2025

3301 Menaul Blvd NE Suite 118Albuquerque, NM 87107

(505) 884-4529

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.38x

Higher debt load relative to assets than 84% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.33x

Higher debt load relative to revenue than 83% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$122,702

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

21%

Faster revenue growth than 66% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$606,639

Down $86,162 (-12%) from 2023

Net Assets

Down

$373,644

Down $20,036 (-5.1%) from 2023

Liabilities

Down

$232,995

Down $66,126 (-22%) from 2023

Revenue

Up

$709,001

Up $122,914 (+21%) from 2023

Expenses

Up

$764,250

Up $23,780 (+3.2%) from 2023

Net Income

Up

-$55,249

Up $99,134 (+64%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $140,562Liabilities 2011: $16,311Net Assets 2011: $124,2512011Assets 2012: $168,262Liabilities 2012: $17,552Net Assets 2012: $150,7102012Assets 2013: $209,569Liabilities 2013: $20,353Net Assets 2013: $189,2162013Assets 2014: $220,742Liabilities 2014: $26,533Net Assets 2014: $194,2092014Assets 2015: $324,365Liabilities 2015: $30,592Net Assets 2015: $293,7732015Assets 2016: $384,979Liabilities 2016: $37,488Net Assets 2016: $347,4912016Assets 2017: $518,730Liabilities 2017: $51,286Net Assets 2017: $467,4442017Assets 2018: $563,068Liabilities 2018: $50,420Net Assets 2018: $512,6482018Assets 2019: $694,362Liabilities 2019: $82,581Net Assets 2019: $611,7812019Assets 2020: $765,715Liabilities 2020: $177,785Net Assets 2020: $587,9302020Assets 2021: $808,495Liabilities 2021: $103,682Net Assets 2021: $704,8132021Assets 2022: $683,761Liabilities 2022: $178,203Net Assets 2022: $505,5582022Assets 2023: $692,801Liabilities 2023: $299,121Net Assets 2023: $393,6802023Assets 2024: $606,639Liabilities 2024: $232,995Net Assets 2024: $373,6442024

Highlighted filing

2024

Assets$606,639
Liabilities$232,995
Net Assets$373,644

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $239,8372011Expenses 2012: $264,4402012Revenue 2013: $326,221Expenses 2013: $287,715Net Income 2013: $38,5062013Revenue 2014: $368,800Expenses 2014: $363,807Net Income 2014: $4,9932014Revenue 2015: $481,357Expenses 2015: $378,463Net Income 2015: $102,8942015Revenue 2016: $474,849Expenses 2016: $418,734Net Income 2016: $56,1152016Revenue 2017: $568,576Expenses 2017: $457,613Net Income 2017: $110,9632017Revenue 2018: $561,021Expenses 2018: $504,503Net Income 2018: $56,5182018Revenue 2019: $672,472Expenses 2019: $625,810Net Income 2019: $46,6622019Revenue 2020: $572,857Expenses 2020: $637,818Net Income 2020: -$64,9612020Revenue 2021: $718,325Expenses 2021: $653,245Net Income 2021: $65,0802021Revenue 2022: $584,543Expenses 2022: $712,935Net Income 2022: -$128,3922022Revenue 2023: $586,087Expenses 2023: $740,470Net Income 2023: -$154,3832023Revenue 2024: $709,001Expenses 2024: $764,250Net Income 2024: -$55,2492024

Highlighted filing

2024

Revenue$709,001
Expenses$764,250
Net Income-$55,249
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.0
Gross Receipts
$709,001
Mission and Program Overview

Mission

To promote successful aging for adults age 50 and older through lifelong learning, health programs and volunteer engagement. Our vision is that adults age 50 plus have opportunities to pursue vibrant, healthy, productive and meaningful lives.

To enrich the lives of mature adults through lifelong learning and service opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$280,349$265,385▼ $14,964
Pledges and Grants Receivable$28,335$71,626▲ $43,291
Cash and Non-Interest-Bearing Accounts$104,277$45,068▼ $59,209
Savings and Temporary Cash Investments$32,552$36,647▲ $4,095
Accounts Receivable$1,750$28,292▲ $26,542
Prepaid Expenses and Deferred Charges$3,673$10,578▲ $6,905
Land, Buildings, and Equipment, Net$32,856$4,393▼ $28,463
Total Assets$692,801$606,639▼ $86,162
Other Assets Total$209,009$144,650▼ $64,359
Liabilities
Other Liabilities$204,170$160,735▼ $43,435
Accounts Payable and Accrued Expenses$63,869$39,477▼ $24,392
Deferred Revenue$31,082$32,783▲ $1,701
Total Liabilities$299,121$232,995▼ $66,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$332,681$305,885▼ $26,796
Net Assets With Donor Restrictions$60,999$67,759▲ $6,760
Total Net Assets Fund Balance$393,680$373,644▼ $20,036
Total Liabilities and Net Assets / Fund Balance$692,801$606,639▼ $86,162

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$41$273,504$273,545
Other Land Buildings-$26,619$26,619
Equipment$4,352$15,440$19,792
Other Assets Org$37,191--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn AndersonTreasurer--$122,702$122,702
Scott SharpExecutive DiFT$89,732-$89,732

Board Members and Trustees

NameTitle
Lorna WigginsPresident
Ann SaponDirector
Todd GriffinDirector
Wei-ann BayDirector
William ItohDirector
Bret HeinrichVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$354,396
Program Service Revenue
$343,416
Investment Income
$8,373
Other Revenue
$2,816
All Other Contributions
$219,750
Change in Net Assets
$-55,249

Audited Revenue Reconciliation

Revenue per Audited Statements
$709,001
Revenue Not Reported on Form 990
$56,543
Total Revenue per Audited Statements
$765,544
Total Revenue per Form 990
$709,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$419,066
Other Expenses$345,184
Total Fundraising Expense$33,848
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$237,627$14,209$5,882$257,718
Fees for Services Other$93,167$1,300-$94,467
Current Officers, Directors, Trustees, and Key Employees$62,812$13,460$13,460$89,732
Occupancy$72,696$10,261$3,063$86,020
Payroll Taxes$41,424$3,835$2,685$47,944
Office Expenses$29,962$17,055$195$47,212
Depreciation Depletion$24,164$3,223$1,078$28,465
Other Employee Benefits$20,452$1,894$1,326$23,672
Fees for Services Accounting-$22,445-$22,445
Insurance-$9,760-$9,760
Fees for Services Management-$7,500-$7,500
Information Technology$5,071$702$214$5,987
Other Expenses$7,253$2,770$5,945$2,770
Travel$329$386-$715
Fees for Services Legal-$70-$70
Conferences and Meetings-$47-$47
Interest-$24-$24
Total Functional Expenses$620,810$109,592$33,848$764,250

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$785,580
Expenses per Audited Statements$764,250
Total Expenses per Form 990$764,250
Expenses Not Reported on Form 990$21,330
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
Lease Liability - Current$62,312
Lease Liability - Long Term$59,707
Due to Network$26,255
Due to Annuitant$12,461
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 by the executive director of albuquerque oasis and the cfo & accounting manager of oasis institute. The return is then provided to all members of the board for further review and discussion prior to submission.

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

Officers and directors, committee members, staff, and consultants are required to sign a conflict of interest policy each year and disclose any potential issues. Those forms are reviewed for potential conflicts and issues are handled on a case by case basis. If an individual finds that he or she has, or is considering the assumption of, a financial interest or outside relationship which might involve a conflict of interest, the individual should refrain from any exercise of responsibility in any manner which might reasonably be considered to be affected by any adverse interest.

Form 990, Page 6, Part VI, Line 15A

Officer compensation is determined by the board of directors based on current market conditions and similar salaried positions at comparable organizations.

Form 990, Page 6, Part VI, Line 15B

Officer compensation is determined by the board of directors based on current market conditions and similar salaried positions at comparable organizations.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Albuquerque Oasis
EIN
32-0081580
Phone
5058844529
Address
3301 MENAUL BLVD NE SUITE 118, ALBUQUERQUE, NM 87107

Signing Officer

Name
Scott Sharp
Title
Executive Director
Phone
5058844529
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Sharp
Formed
2003
Legal Domicile
Nm
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
549

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, Page 1, Part I, Line 6

Volunteers provide tutoring services through the intergenerational tutoring program. Tutors work with students from albuquerque public schools, belen consolidated schools, and bernalillo public schools.

Form 990, Page 2, Part III, Line 4A

2024 was a time of transition for albuquerque oasis. Kathleen raskob, who served as the executive director of oasis for nine years, retired opening the door for new leadership in the person of scott sharp. Additionally, albuquerque oasis moved its bookkeeping and banking to local sources resulting in more responsive service and a community focus. On the program level, 2024 was highlighted by: 1.increased lifelong learning experiences 2.increased health and wellness opportunities 3.increased number of students served through the oasis intergenerational tutoring program 4.improved revenue/decreased deficit over 2023 the albuquerque oasis board of directors was very involved in 2024. Two members assisted the executive director in the development of a five-year strategic plan. Members of the board of directors were also involved in the intergenerational tutoring program.

Form 990, Part IX, Line 11G

Commission expense-gallery / 0 1,300 0 prof fees-catalog layout 6,878 0 0 prof fees: background checks 9,794 0 0 program-instructor fee 76,495 0 0 total 93,167 1,300 0

Form 990, Part XI, Line 9

Change in value of gift annuity -621

Financial Statement Notes

Schedule D, Page 3, Part X

Albuquerque oasis annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the organization takes meet the definition of an uncertain tax position under the income taxes topic of the financial accounting standards codification. As of december 31, 2024 there were no uncertain tax positions noted. Albuquerque oasis' policy is to classify income tax penalties and interest, when applicable, according to their natural classification. Under the statute of limitations, albuquerque oasis' tax returns are no longer subject to examination by tax authorities for years prior to 2021.

Schedule D, Page 4, Part XI, Line 2D

Change in value of gift annuity -621

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IRS990/MissionDesc0TO ENRICH THE LIVES OF MATURE ADULTS THROUGH LIFELONG LEARNING AND SERVICE OPPORTUNITIES.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0393680
IRS990/NetAssetsOrFundBalancesEOYAmt0373644
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IRS990/OccupancyGrp/FundraisingAmt03063
IRS990/OccupancyGrp/ManagementAndGeneralAmt010261
IRS990/OccupancyGrp/ProgramServicesAmt072696
IRS990/OccupancyGrp/TotalAmt086020
IRS990/OfficeExpensesGrp/FundraisingAmt0195
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IRS990/OfficeExpensesGrp/ProgramServicesAmt029962
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IRS990/OtherChangesInNetAssetsAmt0-621
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01326
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01894
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020452
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023672
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1VOLUNTEER EXPENSE
IRS990/OtherExpensesGrp/Desc2FUNDRAISING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt05945
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0651
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12770
IRS990/OtherExpensesGrp/ProgramServicesAmt025853
IRS990/OtherExpensesGrp/ProgramServicesAmt17253
IRS990/OtherExpensesGrp/TotalAmt026504
IRS990/OtherExpensesGrp/TotalAmt17253
IRS990/OtherExpensesGrp/TotalAmt25945
IRS990/OtherExpensesGrp/TotalAmt32770
IRS990/OtherLiabilitiesGrp/BOYAmt0204170
IRS990/OtherLiabilitiesGrp/EOYAmt0160735
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02816
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02816
IRS990/OtherRevenueTotalAmt02816
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05882
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014209
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0237627
IRS990/OtherSalariesAndWagesGrp/TotalAmt0257718
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02685
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03835
IRS990/PayrollTaxesGrp/ProgramServicesAmt041424
IRS990/PayrollTaxesGrp/TotalAmt047944
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028335
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt071626
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03673
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010578
IRS990/PrincipalOfficerNm0SCOTT SHARP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc1HEALTH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0221079
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1122337
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1122337
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0295210
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08284
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IRS990/PYProgramServiceRevenueAmt0282340
IRS990/PYRevenuesLessExpensesAmt0-154383
IRS990/PYSalariesCompEmpBnftPaidAmt0372196
IRS990/PYTotalExpensesAmt0740470
IRS990/PYTotalRevenueAmt0586087
IRS990/ReconcilationRevenueExpnssAmt0-55249
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0343416
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036647
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE OASIS INSTITUTE HAS A LONG STANDING RELATIONSHIP WITH ALBUQUERQUE OASIS. THIS RELATIONSHIP IS CONFIRMED BY THE OASIS SUPPORTING ORGANIZATION AGREEMENTS BETWEEN ALBUQUERQUE OASIS AND THE OASIS INSTITUTE. THIS AGREEMENT REQUIRES THAT ALBUQUERQUE OASIS BE ORGANIZED AND OPERATED FOR THE SOLE PURPOSE OF BENEFITING, PERFORMING THE FUNCTIONS OF, AND / OR CARRYING OUT THE PRUPOSES OF THE OASIS INSTITUTE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0431830354
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0620810
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE OASIS INSTITUTE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0620810
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt021330
IRS990ScheduleD/DonatedServicesUseFcltsAmt021330
IRS990ScheduleD/EquipmentGrp/BookValueAmt04352
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019792
IRS990ScheduleD/ExpensesNotReportedAmt021330
IRS990ScheduleD/ExpensesSubtotalAmt0764250
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0273504
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0273545
IRS990ScheduleD/NetUnrealizedGainsInvstAmt035834
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0107459
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt137191
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING ROU ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM NETWORK
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026619
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt159707
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt226255
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt312461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY - CURRENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY - LONG TERM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO NETWORK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO ANNUITANT
IRS990ScheduleD/OtherRevenueAmt0-621
IRS990ScheduleD/RevenueNotReportedAmt056543
IRS990ScheduleD/RevenueSubtotalAmt0709001
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ALBUQUERQUE OASIS ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2024 THERE WERE NO UNCERTAIN TAX POSITIONS NOTED. ALBUQUERQUE OASIS' POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. UNDER THE STATUTE OF LIMITATIONS, ALBUQUERQUE OASIS' TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN VALUE OF GIFT ANNUITY -621
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04393
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0144650
IRS990ScheduleD/TotalExpensesPerForm990Amt0764250
IRS990ScheduleD/TotalLiabilityAmt0160735
IRS990ScheduleD/TotalRevenuePerForm990Amt0709001
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0765544
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0785580
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE TUTORING SERVICES THROUGH THE INTERGENERATIONAL TUTORING PROGRAM. TUTORS WORK WITH STUDENTS FROM ALBUQUERQUE PUBLIC SCHOOLS, BELEN CONSOLIDATED SCHOOLS, AND BERNALILLO PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12024 WAS A TIME OF TRANSITION FOR ALBUQUERQUE OASIS. KATHLEEN RASKOB, WHO SERVED AS THE EXECUTIVE DIRECTOR OF OASIS FOR NINE YEARS, RETIRED OPENING THE DOOR FOR NEW LEADERSHIP IN THE PERSON OF SCOTT SHARP. ADDITIONALLY, ALBUQUERQUE OASIS MOVED ITS BOOKKEEPING AND BANKING TO LOCAL SOURCES RESULTING IN MORE RESPONSIVE SERVICE AND A COMMUNITY FOCUS. ON THE PROGRAM LEVEL, 2024 WAS HIGHLIGHTED BY: 1.INCREASED LIFELONG LEARNING EXPERIENCES 2.INCREASED HEALTH AND WELLNESS OPPORTUNITIES 3.INCREASED NUMBER OF STUDENTS SERVED THROUGH THE OASIS INTERGENERATIONAL TUTORING PROGRAM 4.IMPROVED REVENUE/DECREASED DEFICIT OVER 2023 THE ALBUQUERQUE OASIS BOARD OF DIRECTORS WAS VERY INVOLVED IN 2024. TWO MEMBERS ASSISTED THE EXECUTIVE DIRECTOR IN THE DEVELOPMENT OF A FIVE-YEAR STRATEGIC PLAN. MEMBERS OF THE BOARD OF DIRECTORS WERE ALSO INVOLVED IN THE INTERGENERATIONAL TUTORING PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF ALBUQUERQUE OASIS AND THE CFO & ACCOUNTING MANAGER OF OASIS INSTITUTE. THE RETURN IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD FOR FURTHER REVIEW AND DISCUSSION PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS, COMMITTEE MEMBERS, STAFF, AND CONSULTANTS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY EACH YEAR AND DISCLOSE ANY POTENTIAL ISSUES. THOSE FORMS ARE REVIEWED FOR POTENTIAL CONFLICTS AND ISSUES ARE HANDLED ON A CASE BY CASE BASIS. IF AN INDIVIDUAL FINDS THAT HE OR SHE HAS, OR IS CONSIDERING THE ASSUMPTION OF, A FINANCIAL INTEREST OR OUTSIDE RELATIONSHIP WHICH MIGHT INVOLVE A CONFLICT OF INTEREST, THE INDIVIDUAL SHOULD REFRAIN FROM ANY EXERCISE OF RESPONSIBILITY IN ANY MANNER WHICH MIGHT REASONABLY BE CONSIDERED TO BE AFFECTED BY ANY ADVERSE INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICER COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON CURRENT MARKET CONDITIONS AND SIMILAR SALARIED POSITIONS AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICER COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON CURRENT MARKET CONDITIONS AND SIMILAR SALARIED POSITIONS AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMMISSION EXPENSE-GALLERY / 0 1,300 0 PROF FEES-CATALOG LAYOUT 6,878 0 0 PROF FEES: BACKGROUND CHECKS 9,794 0 0 PROGRAM-INSTRUCTOR FEE 76,495 0 0 TOTAL 93,167 1,300 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHANGE IN VALUE OF GIFT ANNUITY -621
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$2.33$3.74$7.09$7.64$0.55
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$2.99$3.94$5.86$7.40$1.54
2022Detailed filing. Detailed filing data is available for this year.$6.84$1.78$5.06$5.85$7.13$1.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$1.04$7.05$7.18$6.53$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.66$1.78$5.88$5.73$6.38$0.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.94$0.83$6.12$6.72$6.26$0.47
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.50$5.13$5.61$5.05$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$0.51$4.67$5.69$4.58$1.11
2016Detailed filing. Detailed filing data is available for this year.$3.85$0.37$3.47$4.75$4.19$0.56
2015Detailed filing. Detailed filing data is available for this year.$3.24$0.31$2.94$4.81$3.78$1.03
2014Detailed filing. Detailed filing data is available for this year.$2.21$0.27$1.94$3.69$3.64$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.20$1.89$3.26$2.88$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.18$1.51$2.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.16$1.24$2.40