Civic Intelligence

Friends of Mark Armijo Academy

EIN 47-3064751 • 501(c)3 • Albuquerque, NM

Profile

To support the operations and activities of Mark Armijo Academy a public charter school in New Mexico.

6800 Gonzales Rd SWAlbuquerque, NM 87121
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

26.01x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

37th percentile

-0.1%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

122%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$1,044,551

Down $26,757 (-2.5%) from 2024

Liabilities

Down

$1,000,656

Down $25,800 (-2.5%) from 2024

Net Assets

Down

$43,895

Down $957 (-2.1%) from 2024

Operations
Liabilities / Revenue99th percentileNet Margin93rd percentile

Revenue

Down

$30,096

Down $9,363 (-24%) from 2024

Expenses

Up

$31,053

Up $16,480 (+113%) from 2024

Net Income

Down

-$957

Down $25,843 (-104%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$1.5M$1.0M$500K$0Assets 2020: $1,136,253Liabilities 2020: $1,127,116Net Assets 2020: $9,1372020Assets 2021: $1,123,310Liabilities 2021: $1,109,016Net Assets 2021: $14,2942021Assets 2022: $1,099,455Liabilities 2022: $1,083,216Net Assets 2022: $16,2392022Assets 2023: $1,072,222Liabilities 2023: $1,052,256Net Assets 2023: $19,9662023Assets 2024: $1,071,308Liabilities 2024: $1,026,456Net Assets 2024: $44,8522024Assets 2025: $1,044,551Liabilities 2025: $1,000,656Net Assets 2025: $43,8952025

Highlighted filing

2025

Assets$1,044,551
Liabilities$1,000,656
Net Assets$43,895
Open 2025 Filing

Operations Trend

Revenue Growth94th percentile

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

$40K$20K$0-$20KRevenue 2020: $10,498Expenses 2020: $2,283Net Income 2020: $8,2152020Revenue 2021: $7,178Expenses 2021: $2,021Net Income 2021: $5,1572021Revenue 2022: $11,937Expenses 2022: $9,992Net Income 2022: $1,9452022Revenue 2023: $17,797Expenses 2023: $14,070Net Income 2023: $3,7272023Revenue 2024: $39,459Expenses 2024: $14,573Net Income 2024: $24,8862024Revenue 2025: $30,096Expenses 2025: $31,053Net Income 2025: -$9572025

Highlighted filing

2025

Revenue$30,096
Expenses$31,053
Net Income-$957
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,044,551
Liabilities
$1,000,656
Net assets
$43,895
Revenue
$30,096
Expenses
$31,053
Net income
-$957
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.04$1.00$0.04$0.03$0.03$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.07$1.03$0.04$0.04$0.01$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.07$1.05$0.02$0.02$0.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.10$1.08$0.02$0.01$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.12$1.11$0.01$0.01$0.00$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.14$1.13$0.01$0.01$0.00$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 11, 2026
Return Version
2025v4.0
Gross Receipts
$144,239
Mission and Program Overview

Mission

To support the operations and activities of Mark Armijo Academy a public charter school in New Mexico.

To support the operations and building purchase of Mark Armijo Academy, a public charter school in New Mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,026,456$1,000,656▼ $25,800
Cash and Non-Interest-Bearing Accounts$44,852$43,895▼ $957
Total Assets$1,071,308$1,044,551▼ $26,757
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,026,456$1,000,656▼ $25,800
Total Liabilities$1,026,456$1,000,656▼ $25,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$44,852$43,895▼ $957
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$44,852$43,895▼ $957
Total Liabilities and Net Assets / Fund Balance$1,071,308$1,044,551▼ $26,757

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,000,656$159,960$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Monica AguilarPresident
Trish GallegosSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$12,096
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$18,000
All Other Contributions
$4,500
Change in Net Assets
$-957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,053
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
All Other Expenses$24,595$0$0$24,595
Fees for Services Accounting$6,458--$6,458
Total Functional Expenses$31,053$0$0$31,053
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
No
Backup withholding compliance
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
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, Part VI, Section B, Line 11B

“The Form 990 was sent electronically via email to all board members for review.”

Form 990, Part VI, Section C, Line 19

“Friends of Mark Armijo Academy Foundation supplies all documents upon request.”

Filing and Contact Details

Filer

Filer Name
Friends of Mark Armijo Academy
EIN
47-3064751
Phone
5058737758
Address
6800 Gonzales Rd SW, Albuquerque, NM 87121

Signing Officer

Name
Rhonda Cordova
Title
Accountant
Phone
5056045056
Signed
2026-03-11

Organization Details

Principal Officer
Monica Aguilar
Formed
2014
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Funds were used for 2025 events that were funded by various fundraisers. Events funded were the Holiday Hope Drive, Think Like a Bee, and graduation.”

Raw XML Appendix311 raw XML fields

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/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt0144239
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IRS990/GrossRentsGrp/RealAmt0132143
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 was sent electronically via email to all board members for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Friends of Mark Armijo Academy Foundation supplies all documents upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Funds were used for 2025 events that were funded by various fundraisers. Events funded were the Holiday Hope Drive, Think Like a Bee, and graduation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accountant
ReturnHeader/BusinessOfficerGrp/PhoneNum05056045056
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-11
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ReturnHeader/Filer/BusinessNameControlTxt0FRIE
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ReturnHeader/Filer/USAddress/CityNm0Albuquerque
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ReturnHeader/ReturnTs02026-03-16T14:10:42-07:00
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ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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