Liabilities / Assets
77th percentile
Tied with the lowest-debt nonprofits in its peer group.
Albuquerque Forward Fund
990EZ • Fiscal year 2023 • EIN 47-4736722
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
79th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$24,908
Down $14,245 (-36%) from 2022
Net Assets
Down$24,908
Down $7,245 (-23%) from 2022
Liabilities
Down$0
Down $7,000 (-100%) from 2022
Revenue And Expenses
Revenue
Down$500
Down $9,835 (-95%) from 2022
Expenses
Down$7,745
Down $12,182 (-61%) from 2022
Net Income
Up-$7,245
Up $2,347 (+24%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Sep 12, 2024
- Return Version
- 2023v5.1
- 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
| Description | Grants | Expenses |
|---|---|---|
| ONLINE RESEARCH TOOL USED FOR BUSINESS PLANNING AND ANALYSIS TO SUPPORT AND ASSIST EXISTING BUSINESSES. | - | $4,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEEAN KRAVITZ | President | - | $0 | - | - |
| RAY SMITH | Director | - | $0 | - | - |
| JENNIFER THOMAS | Director | - | $0 | - | - |
| ERICK WEINSTEIN | Director | - | $0 | - | - |
| GARY GORDON | Director | - | $0 | - | - |
| MARK HUMPHREY | Director | - | $0 | - | - |
| RATHI CASEY | Director | - | $0 | - | - |
| HELEN WERTHEIM | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Albuquerque Forward Fund
- EIN
- 47-4736722
- Address
- 201 THIRD STREET NW STE 1900, Albuquerque, NM 87102
Signing Officer
- Name
- Leean Kravitz
- Title
- President
- Phone
- 5057053777
- Signed
- 2024-09-12
- 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 7,745”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearACCOUNTS PAYABLE 7,000 0”
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 Appendix172 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5057053777 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 201 THIRD STREET NW SUITE 1900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Albuquerque |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 87102 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 39153 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24908 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 500 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7245 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39153 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24908 |
| IRS990EZ/GrossReceiptsAmt | 0 | 500 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 32153 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24908 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 32153 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24908 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LEEAN KRAVITZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RAY SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JENNIFER THOMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ERICK WEINSTEIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GARY GORDON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARK HUMPHREY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | RATHI CASEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | HELEN WERTHEIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7745 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ONLINE RESEARCH TOOL USED FOR BUSINESS PLANNING AND ANALYSIS TO SUPPORT AND ASSIST EXISTING BUSINESSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 4500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 7745 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 4500 |
| IRS990EZ/TotalRevenueAmt | 0 | 500 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ABQFORWARDFUND.ORG |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | AN IRS DETERMINATION LETTER DATED 12/29/2016 APPROVES ALBUQUERQUE FORWARD FUND AS A SUPPORTINGORGANIZATION OF ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE, THE SUPPORTED ENTITY, WHICH WAS A501(C)(6) ORGANIZATION UNTIL 2021. AREA HAS BEEN DETERMINED BY THE IRS TO BE EXEMPT UNDER SECTION 501(C)(3) SINCE TAX YEAR 2022. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Supported Organizations listed Part IV line 1 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 850157216 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ABQ REGIONAL ECONOMIC ALLIANCE |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountOFFICE EXPENSE 7,745 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearACCOUNTS PAYABLE 7,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LEEAN KRAVITZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5057053777 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-09-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALBUQUERQUE FORWARD FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALBU |
| ReturnHeader/Filer/EIN | 0 | 474736722 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 201 THIRD STREET NW STE 1900 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Albuquerque |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 87102 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 463916466 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Jaramillo Accounting Group LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4700 Lincoln Road NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Albuquerque |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 87109 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5053232035 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-09-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT ELIASON |
| ReturnHeader/ReturnTs | 0 | 2024-09-12T14:06:44-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,908
- Liabilities
- $0
- Net assets
- $24,908
- Revenue
- $500
- Expenses
- $7,745
- Net income
- -$7,245