Form 990 for tax year 2024
Filed by ALBUQUERQUE PUBLIC SCHOOLS FOUNDATION.
Totals
- Total revenue
- $3,398,944
- Total expenses
- $2,698,838
- Contributions and grants received
- $3,323,872
- Grants paid
- $2,042,458
- Program service revenue
- $65,702
- Investment income
- $119,701
- Other revenue
- -$110,331
- Total assets, end of year
- $12,450,810
- Total liabilities, end of year
- $139,931
- Net assets or fund balances, end of year
- $12,310,879
- Program services expenses (Part IX)
- $2,170,022
- Management and general expenses
- $427,640
- Fundraising expenses
- $101,176
- Program service expenses (Part III)
- $2,170,022
Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$15,297
-
1c · Fundraising events
$310,157
-
1f · All other contributions, gifts and grants
$2,998,418
-
1g · Noncash contributions included above
$664,279
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $65,702 · related or exempt $65,702
-
3 · Investment income
total $242,502 · excluded $242,502
-
5 · Royalties
total $6,640 · excluded $6,640
-
7a · Gross sales of assets other than inventory
securities $2,271,732
-
7b · Less cost or other basis and sales expenses
securities $2,394,533
-
7c · Gain or loss
securities -$122,801
-
7d · Net gain or loss
total -$122,801 · excluded -$122,801
-
8a · Fundraising events: gross income
$86,498
-
8a · Fundraising events: contributions included on line 1c
$310,157
-
8b · Fundraising events: direct expenses
$203,469
-
8c · Net income from fundraising events
total -$116,971 · excluded -$116,971
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,042,458 · program services $2,042,458
-
5 · Compensation of officers, directors and key employees
total $153,339 · program services $46,201 · management and general $78,970 · fundraising $28,168
-
7 · Other salaries and wages
total $303,968 · program services $81,363 · management and general $190,829 · fundraising $31,776
-
11c · Fees: accounting
total $21,479 · management and general $21,479
-
11f · Fees: investment management
total $31,874 · management and general $31,874
-
11g · Fees: other
total $17,496 · management and general $17,496
-
12 · Advertising and promotion
total $24,434 · management and general $24,434
-
13 · Office expenses
total $49,565 · management and general $49,565
-
19 · Conferences, conventions and meetings
total $5,071 · management and general $5,071
-
24a · Other expenses: OTHER FUNDRAISING
total $41,232 · fundraising $41,232
-
24b · Other expenses: BOARD ACTIVITY
total $5,682 · management and general $5,682
-
24c · Other expenses: SUPPLIES
total $2,240 · management and general $2,240
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $288,709 · end of year $246,408
-
2 · Savings and temporary cash investments
beginning of year $4,653,613 · end of year $5,324,670
-
3 · Pledges and grants receivable
end of year $750,000
-
9 · Prepaid expenses and deferred charges
beginning of year $41,232
-
11 · Investments: publicly traded securities
beginning of year $3,534,003 · end of year $3,825,947
-
15 · Other assets
beginning of year $2,298,611 · end of year $2,303,785
-
17 · Accounts payable and accrued expenses
beginning of year $34,862 · end of year $64,881
-
19 · Deferred revenue
beginning of year $101,050 · end of year $75,050
-
27 · Net assets without donor restrictions
beginning of year $4,146,254 · end of year $4,397,411
-
28 · Net assets with donor restrictions
beginning of year $6,534,002 · end of year $7,913,468
Mission and programs · 2024
Mission
PARTNERS WITH THE COMMUNITY TO INVEST IN INNOVATIVE AND ENHANCED LEARNING OPPORTUNITIES TO HELP APS STUDENTS REACH THEIR FULL POTENTIAL.
-
THE APS FOUNDATION ADMINISTERS OVER 100 AGENCY FUNDS, 27 SCHOLARSHIP ACCOUNTS, 1 CHARITABLE TRUST FOR THE MUSIC DEPARTMENT, AND 1 PERMANENT ENDOWMENT TO SUPPORT THE SCHOOL NURSES VISION CARE FUND FOR ALBUQUERQUE PUBLIC SCHOOLS STUDENTS. OVER $700,000 IN FUNDS WAS DISTRIBUTED TO PROGRAMS THROUGH AGENCY ACCOUNTS MAINTAINED BY THE FOUNDATION.THE FOUNDATION AWARDED OVER $700,000 IN 154 GRANTS TO VARIOUS SCHOOLS AND DEPARTMENTS, WHICH BENEFITTED 70,000 STUDENTS THROUGHOUT THE DISTRICT. GRANT PROGRAMS FOCUSED ON INNOVATIVE APPROACHES TO ACADEMIC FOCUS AREAS AS WELL AS SOCIAL EMOTIONAL LEARNING AND OUT OF SCHOOL TIME PROGRAMMING.
Expenses $2,170,022 · Grants $2,042,458 · Revenue $65,702
As filed on the 2024 return.
Listed in Part VII
-
BRENDA BEGLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
LUIS QUINONES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH F VARRO JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MARLENE BACA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK BURKHARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NICK CAINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EDWARD B CALABAZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ADRIAN CHAVEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VICKI DEVIGNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SABRINA GREINEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANJALI HARVILLE
STUDENT DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE HECKROTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HOWIE KAIBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PAULA MAES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DEBRA MENKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DIANA MONTOYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HENRY NEWCOMB
STUDENT DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NICOLE NOTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
IDA MARIE PEREA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JULIANNE PHARES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KODI PITTMAN
STUDENT DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMANDEEP PRASANKUMAR
STUDENT DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RACHEL ROMERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATIE SANDOVAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHAUNA SHANNON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANTHONY SPRATLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TY STACY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREA TRYBUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHANNON BARNHILL
EXECUTIVE DIRECTOR
- Total calculated
- $153,339
- From this org
- $0
- From related orgs
- $153,339
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $153,339 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $153,339 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE SALARY OF THE EXECUTIVE DIRECTOR IS DETERMINED BY ALBUQUERQUE PUBLIC SCHOOL'S (APS) DISTRICT COMPENSATION COMMITTEE UNDER THE GUIDELINES FOR APS EMPLOYEES SINCE THEY ARE EMPLOYED BY APS. THIS PROCESS INCLUDES THE REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND THE USE OF A SALARY GRADE SYSTEM, AND CONTEMPORANEOUS SUBSTANTIATION OF THE SALARY DECISION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,042,458
TO SUPPORT APS PROGRAMS AND SCHOOLS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620509349300737
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.