Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 30.1% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Up$513,913
Up $37,117 (+7.8%) from 2018
Net Assets
Up$410,306
Up $51,078 (+14%) from 2018
Liabilities
Down$103,607
Down $13,961 (-12%) from 2018
Revenue
Up$398,175
Up $28,906 (+7.8%) from 2018
Expenses
Up$347,097
Up $21,720 (+6.7%) from 2018
Net Income
Up$51,078
Up $7,186 (+16%) from 2018
To organize and work with local and state businesses, government and educational institutions for the purposes of achieving objectives that will improve the economic welfare of the city of albuquerque, county of bernalillo and the state of new mexico.
To organize and work with local and state businesses, government and education institutions for the purpose of achieving objectives that will improve the economic welfare of metropolitan albuquerque.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $373,375 | $409,049 | ▲ $35,674 |
| Cash and Non-Interest-Bearing Accounts | $71,062 | $62,543 | ▼ $8,519 |
| Accounts Receivable | $29,280 | $33,336 | ▲ $4,056 |
| Land, Buildings, and Equipment, Net | $2,700 | $8,495 | ▲ $5,795 |
| Prepaid Expenses and Deferred Charges | $379 | $490 | ▲ $111 |
| Total Assets | $476,796 | $513,913 | ▲ $37,117 |
| Liabilities | |||
| Deferred Revenue | $116,628 | $103,607 | ▼ $13,021 |
| Accounts Payable and Accrued Expenses | $940 | - | - |
| Total Liabilities | $117,568 | $103,607 | ▼ $13,961 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $359,228 | $410,306 | ▲ $51,078 |
| Total Net Assets Fund Balance | $359,228 | $410,306 | ▲ $51,078 |
| Total Liabilities and Net Assets / Fund Balance | $476,796 | $513,913 | ▲ $37,117 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $8,495 | $25,048 | $33,543 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Robert Murphy | Executive Director | FT | $120,000 | $120,000 |
| Name | Title |
|---|---|
| Marcus Mims | Chairman |
| Michael Canfield | Past Chairman |
| Kevin Lorenzen | Vice Chair |
| Jim Chynoweth | Director |
| Leann Kravitz | Director |
| Michelle Coons | Director |
| Michelle Franks | Director |
| Pat Vincent-collawn | Director |
| Paul Mondragon | Director |
| Candace Beeke | Secretary |
| Jason Harrington | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $188,728 |
| Other Expenses | $158,369 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $120,000 |
| Conferences and Meetings | - | - | - | $90,120 |
| Other Salaries and Wages | - | - | - | $55,000 |
| Fees for Services Lobbying | - | - | - | $27,023 |
| Occupancy | - | - | - | $17,889 |
| Payroll Taxes | - | - | - | $13,728 |
| Fees for Services Accounting | - | - | - | $6,473 |
| Information Technology | - | - | - | $5,949 |
| Office Expenses | - | - | - | $4,553 |
| Insurance | - | - | - | $2,212 |
| Depreciation Depletion | - | - | - | $1,726 |
| Travel | - | - | - | $1,391 |
| Fees for Services Legal | - | - | - | $803 |
| Other Expenses | - | - | - | $20 |
| Total Functional Expenses | $0 | $0 | $0 | $347,097 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“All full dues paying members have the right to vote for directors (governing body). The board of directors approves significant issues in regard to operations of the entity.”
“All full dues-paying members have the right to vote for directors (governing body).”
“There are no committees with authority to act on behalf of the governing board.”
“Form 990 is reviewed and approved at the appropriately timed board of directors meeting prior to filing.”
“Determination of the compensation for the executive director is reviewed and/or recommended by the board chairman and other officers. Any proposed changes are approved by the full board. There are no other key employees of the organization.”
“The organization makes its governing documents, policies and financial statements available upon request. Inquiries should be made to the executive director.”
“The oversight process of the audit, review, compilation of the financial statements and selection of an independent accountant has not changed since the prior year.”
“Economic forum has adopted the provisions of asc 740-10, accounting for uncertainty in income taxes. The forum recognizes the tax (benefit) expense from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. Any such tax (benefit) expense is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The forum had no unrecognized tax benefits at december 31, 2019 or 2018. The forum files an exempt return with the internal revenue service (irs). It is not a "private foundation" for tax purposes. Forum had no taxable unrelated business income for the years ended december 31, 2019 and 2018. Accordingly, a provision for income taxes has not been established in the accompanying financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 940 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 29280 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 33336 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO ORGANIZE AND WORK WITH LOCAL AND STATE BUSINESSES, GOVERNMENT AND EDUCATION INSTITUTIONS FOR THE PURPOSE OF ACHIEVING OBJECTIVES THAT WILL IMPROVE THE ECONOMIC WELFARE OF METROPOLITAN ALBUQUERQUE. |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ROBERT MURPHY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5058832505 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2500 LOUISIANA NE STE 512 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALBUQUERQUE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 87110 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 71062 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 62543 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 120000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 90120 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5675 |
| IRS990/CYOtherExpensesAmt | 0 | 158369 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 392500 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 51078 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 188728 |
| IRS990/CYTotalExpensesAmt | 0 | 347097 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 398175 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 116628 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 103607 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1726 |
| IRS990/Desc | 0 | INFORM LOCAL AND STATE BUSINESSES, GOVERNMENT AND EDUCATIONAL INSTITUTIONS FOR THE PURPOSE OF ACHIEVING OBJECTIVES THAT WILL IMPROVE THE ECONOMIC WELFARE OF THE CITY OF ALBUQUERQUE, COUNTY OF BERNALILLO AND STATE OF NEW MEXICO. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6473 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 803 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 27023 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARCUS MIMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KEVIN LORENZEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL CANFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JASON HARRINGTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CANDACE BEEKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LEANN KRAVITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JIM CHYNOWETH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PAT VINCENT-COLLAWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHELLE COONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MICHELLE FRANKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | PAUL MONDRAGON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ROBERT MURPHY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 120000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PAST CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 398175 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 5949 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2212 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5675 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5675 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 25048 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2700 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 8495 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 33543 |
| IRS990/LegalDomicileStateCd | 0 | NM |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ORGANIZE AND WORK WITH LOCAL AND STATE BUSINESSES, GOVERNMENT AND EDUCATIONAL INSTITUTIONS FOR THE PURPOSES OF ACHIEVING OBJECTIVES THAT WILL IMPROVE THE ECONOMIC WELFARE OF THE CITY OF ALBUQUERQUE, COUNTY OF BERNALILLO AND THE STATE OF NEW MEXICO. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 359228 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 410306 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 359228 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 410306 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 17889 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4553 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | LICENSES AND PERMITS |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 210 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 55000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 13728 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 379 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 490 |
| IRS990/PrincipalOfficerNm | 0 | ROBERT MURPHY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MEETING INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 305849 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 86651 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 305849 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 86651 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1174 |
| IRS990/PYOtherExpensesAmt | 0 | 128888 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 368095 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 43892 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 196489 |
| IRS990/PYTotalExpensesAmt | 0 | 325377 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 369269 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 51078 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 373375 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 409049 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 8495 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 25048 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 33543 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ECONOMIC FORUM HAS ADOPTED THE PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FORUM RECOGNIZES THE TAX (BENEFIT) EXPENSE FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. ANY SUCH TAX (BENEFIT) EXPENSE IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FORUM HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2019 OR 2018. THE FORUM FILES AN EXEMPT RETURN WITH THE INTERNAL REVENUE SERVICE (IRS). IT IS NOT A "PRIVATE FOUNDATION" FOR TAX PURPOSES. FORUM HAD NO TAXABLE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN ESTABLISHED IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ALL FULL DUES PAYING MEMBERS HAVE THE RIGHT TO VOTE FOR DIRECTORS (GOVERNING BODY). THE BOARD OF DIRECTORS APPROVES SIGNIFICANT ISSUES IN REGARD TO OPERATIONS OF THE ENTITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL FULL DUES-PAYING MEMBERS HAVE THE RIGHT TO VOTE FOR DIRECTORS (GOVERNING BODY). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 IS REVIEWED AND APPROVED AT THE APPROPRIATELY TIMED BOARD OF DIRECTORS MEETING PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DETERMINATION OF THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND/OR RECOMMENDED BY THE BOARD CHAIRMAN AND OTHER OFFICERS. ANY PROPOSED CHANGES ARE APPROVED BY THE FULL BOARD. THERE ARE NO OTHER KEY EMPLOYEES OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. INQUIRIES SHOULD BE MADE TO THE EXECUTIVE DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE OVERSIGHT PROCESS OF THE AUDIT, REVIEW, COMPILATION OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XII, LINE 2C |
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| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 513913 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 347097 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 117568 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 103607 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 117568 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 103607 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 410306 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 5675 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 513913 |
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| IRS990/TravelGrp/TotalAmt | 0 | 1391 |
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| IRS990/USAddress/CityNm | 0 | ALBUQUERQUE |
| IRS990/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/USAddress/ZIPCd | 0 | 87110 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2020-09-23 17:36:50Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT MURPHY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5058832505 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-04-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ECONOMIC FORUM |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ECON |
| ReturnHeader/Filer/EIN | 0 | 850322187 |
| ReturnHeader/Filer/PhoneNum | 0 | 5058832505 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2500 LOUISIANA NE NO 512 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 87110 |
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| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 343FC8D8C9E489DD609C5BF0285F6F6BB5B515FA |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 12.129.4.211 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-04-29 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | MD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 21:50:48 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 910189318 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MOSS ADAMS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6565 AMERICAS PARKWAY NE STE 600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 87110 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5058787200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-04-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAMELA ALEXANDERSON |
| ReturnHeader/ReturnTs | 0 | 2020-04-29T21:51:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.