Civic Intelligence

Albuquerque Forward Fund

EIN 47-4736722 • 501(c)3 • Albuquerque, NM

Profile

To expend its funds on charitable projects that advance economic development in the albuquerque metropolitan area, including educational and research projects. These programs and projects must be intended and designed to lessen the burdens of government, strengthen and diversify the economy of the albuquerque metropolitan area, and generate jobs that will relieve poverty and unemployment and lead to community revitalization.

201 Third Street NW Ste 1900Albuquerque, NM 87102

www.abqforwardfund.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

2.86x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-4247%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-80%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

0.0%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,103

Down $19,805 (-80%) from 2023

Liabilities

Up

$1,430

Up $1,430 from 2023

Net Assets

Down

$3,673

Down $21,235 (-85%) from 2023

Revenue

Flat

$500

Flat from 2023

Expenses

Up

$21,735

Up $13,990 (+181%) from 2023

Net Income

Down

-$21,235

Down $13,990 (-193%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $46,966Liabilities 2017: $4,828Net Assets 2017: $42,1382017Assets 2018: $42,357Liabilities 2018: $3,045Net Assets 2018: $39,3122018Assets 2019: $50,337Liabilities 2019: $928Net Assets 2019: $49,4092019Assets 2020: $49,973Liabilities 2020: $0Net Assets 2020: $49,9732020Assets 2021: $41,745Liabilities 2021: $0Net Assets 2021: $41,7452021Assets 2022: $39,153Liabilities 2022: $7,000Net Assets 2022: $32,1532022Assets 2023: $24,908Liabilities 2023: $0Net Assets 2023: $24,9082023Assets 2024: $5,103Liabilities 2024: $1,430Net Assets 2024: $3,6732024

Highlighted filing

2024

Assets$5,103
Liabilities$1,430
Net Assets$3,673

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $67,271Expenses 2017: $25,133Net Income 2017: $42,1382017Revenue 2018: $34,864Expenses 2018: $37,690Net Income 2018: -$2,8262018Revenue 2019: $36,062Expenses 2019: $25,965Net Income 2019: $10,0972019Revenue 2020: $6,430Expenses 2020: $5,866Net Income 2020: $5642020Revenue 2021: $26,346Expenses 2021: $34,574Net Income 2021: -$8,2282021Revenue 2022: $10,335Expenses 2022: $19,927Net Income 2022: -$9,5922022Revenue 2023: $500Expenses 2023: $7,745Net Income 2023: -$7,2452023Revenue 2024: $500Expenses 2024: $21,735Net Income 2024: -$21,2352024

Highlighted filing

2024

Revenue$500
Expenses$21,735
Net Income-$21,235

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.2
Gross Receipts
$500
Mission and Program Overview

Mission

To expend its funds on charitable projects that advance economic development in the albuquerque metropolitan area, including educational and research projects. These programs and projects must be intended and designed to lessen the burdens of government, strengthen and diversify the economy of the albuquerque metropolitan area, and generate jobs that will relieve poverty and unemployment and lead to community revitalization.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
ONLINE RESEARCH TOOL USED FOR BUSINESS PLANNING AND ANALYSIS TO SUPPORT AND ASSIST EXISTING BUSINESSES.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEEAN KRAVITZDirector-$0--
RAY SMITHDirector-$0--
PAUL MONDRAGONDirector-$0--
ERIC WEINSTEINPresident-$0--
GARY GORDONDirector-$0--
MARK HUMPHREYDirector-$0--
RATHI CASEYDirector-$0--
JEREMY OSWALDDirector-$0--
HELEN WERTHEIMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Albuquerque Forward Fund
EIN
47-4736722
In Care Of
% ERIC WEINSTEIN
Phone
5057053777
Address
201 THIRD STREET NW STE 1900, Albuquerque, NM 87102

Signing Officer

Name
Eric Weinstein
Title
President
Phone
5057053777
Signed
2025-10-23
Discuss with paid preparer
Yes

Preparer

Firm
Jaramillo Accounting Group LLC
Address
4700 Lincoln Road NE, Albuquerque, NM 87109
Preparer
Scott Eliason
Phone
5053232035
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountOFFICE EXPENSE 315

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDUE TO AREA 0 1,430

Part III response or note to any other line in Part III

Form 990-ez, part iii, primary exempt purpose - to expend its funds on charitable projects that advance economic development in the albuquerque metropolitan area,including educational and research projects. These programs and projects must be intended and designed to lessen the burdens of government, strengthen and diversify the economy of the albuquerque metropolitan area, and generate jobs that will relieve poverty and unemployment and lead to community revitalization.

Raw XML Appendix183 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum05057053777
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 THIRD STREET NW SUITE 1900
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Albuquerque
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd087102
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024908
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21235
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt021420
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt024908
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05103
IRS990EZ/GrossReceiptsAmt0500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024908
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03673
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024908
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03673
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEEAN KRAVITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RAY SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL MONDRAGON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIC WEINSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GARY GORDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK HUMPHREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RATHI CASEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JEREMY OSWALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8HELEN WERTHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0315
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ONLINE RESEARCH TOOL USED FOR BUSINESS PLANNING AND ANALYSIS TO SUPPORT AND ASSIST EXISTING BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01430
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt021735
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ABQFORWARDFUND.ORG
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
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/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AN IRS DETERMINATION LETTER DATED 12/29/2016 APPROVES ALBUQUERQUE FORWARD FUND AS A SUPPORTING ORGANIZATION OF ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE, THE SUPPORTED ENTITY, WHICH IS A 501(C)(3) ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Supported Organizations listed Part IV line 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0850157216
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ABQ REGIONAL ECONOMIC ALLIANCE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountOFFICE EXPENSE 315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearDUE TO AREA 0 1,430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - TO EXPEND ITS FUNDS ON CHARITABLE PROJECTS THAT ADVANCE ECONOMIC DEVELOPMENT IN THE ALBUQUERQUE METROPOLITAN AREA,INCLUDING EDUCATIONAL AND RESEARCH PROJECTS. THESE PROGRAMS AND PROJECTS MUST BE INTENDED AND DESIGNED TO LESSEN THE BURDENS OF GOVERNMENT, STRENGTHEN AND DIVERSIFY THE ECONOMY OF THE ALBUQUERQUE METROPOLITAN AREA, AND GENERATE JOBS THAT WILL RELIEVE POVERTY AND UNEMPLOYMENT AND LEAD TO COMMUNITY REVITALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC WEINSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05057053777
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBUQUERQUE FORWARD FUND
ReturnHeader/Filer/BusinessNameControlTxt0ALBU
ReturnHeader/Filer/EIN0474736722
ReturnHeader/Filer/InCareOfNm0% ERIC WEINSTEIN
ReturnHeader/Filer/PhoneNum05057053777
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 THIRD STREET NW STE 1900
ReturnHeader/Filer/USAddress/CityNm0Albuquerque
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087102
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463916466
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jaramillo Accounting Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04700 Lincoln Road NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albuquerque
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087109
ReturnHeader/PreparerPersonGrp/PhoneNum05053232035
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT ELIASON
ReturnHeader/ReturnTs02025-10-23T19:16:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.