2025-02-20T10:12:32-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2023-07-01 850434438 ALBUQUERQUE PUBLIC SCHOOLS FOUNDATION ALBU 5058810841 PO BOX 25704 ALBUQUERQUE NM 871250704 SHANNON BARNHILL EXECUTIVE DIRECTOR 5058810841 2025-02-19 1 1 STEPHEN LIVINGSTON P00317845 5058428290 2025-02-19 2023 2025-03-06 01:10:19Z SHANNON BARNHILL PO BOX 25704 ALBUQUERQUE NM 871250704 3424208 0 X WWW.APSEDUCATIONFOUNDATION.ORG X 1995 NM PARTNERS WITH THE COMMUNITY TO INVEST IN INNOVATIVE AND ENHANCED LEARNING OPPORTUNITIES TO HELP APS STUDENTS REACH THEIR FULL POTENTIAL. 30 30 0 110 0 0 2205638 2582166 38349 26171 213807 165705 -30055 -71416 2427739 2702626 1748745 1557254 0 0 288669 322761 0 0 96985 272285 308354 2309699 2188369 118040 514257 9983107 10816168 225026 135912 9758081 10680256 PARTNERS WITH THE COMMUNITY TO INVEST IN INNOVATIVE AND ENHANCED LEARNING OPPORTUNITIES TO HELP APS STUDENTS REACH THEIR FULL POTENTIAL. 0 0 1616298 1557254 26171 THE APS FOUNDATION ADMINISTERS OVER 75 AGENCY FUNDS, 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 $600,000 IN 104 GRANTS TO VARIOUS SCHOOLS AND DEPARTMENTS, WHICH BENEFITTED 25,000 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. 1616298 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 10 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X SHANNON BARNHILL 5058810841 6400 UPTOWN BLVD NE STE 630E ALBUQUERQUE NM 87110 ADRIAN CHAVEZ PRESIDENT 1.00 X X 0 0 0 BRENDA BEGLEY VICE PRESIDENT 1.00 X X 0 0 0 JEFF CAIN TREASURER 1.00 X X 0 0 0 RHIANN ATENCIO DIRECTOR 1.00 X 0 0 0 MARLENE BACA DIRECTOR 1.00 X 0 0 0 JARED BLASCHKE DIRECTOR 1.00 X 0 0 0 MARK BURKHARD DIRECTOR 1.00 X 0 0 0 EDWARD B CALABAZA DIRECTOR 1.00 X 0 0 0 VICKI DEVIGNE DIRECTOR 1.00 X 0 0 0 CARLOS FOURZAN DIRECTOR 1.00 X 0 0 0 ALARIE RAY-GARCIA DIRECTOR 1.00 X 0 0 0 DOMINIC GONZALES DIRECTOR 1.00 X 0 0 0 ANJALI HARVILLE STUDENT BOARD MEMBER 1.00 X 0 0 0 MICHELLE HECKROTH DIRECTOR 1.00 X 0 0 0 HOWIE KAIBEL DIRECTOR 1.00 X 0 0 0 PAULA MAES DIRECTOR 1.00 X 0 0 0 DIANA MONTOYA DIRECTOR 1.00 X 0 0 0 AMY NIGRELLI DIRECTOR 1.00 X 0 0 0 KRISTA KOSS PARKER DIRECTOR 1.00 X 0 0 0 JULIANNE PHARES DIRECTOR 1.00 X 0 0 0 LUIS QUINONES DIRECTOR 1.00 X 0 0 0 JOSH ROBINSON STUDENT BOARD MEMBER 1.00 X 0 0 0 RACHEL ROMERO DIRECTOR 1.00 X 0 0 0 JULIE ROWEY DIRECTOR 1.00 X 0 0 0 KATIE SANDOVAL DIRECTOR 1.00 X 0 0 0 SHAUNA SHANNON DIRECTOR 1.00 X 0 0 0 ANTHONY SPRATLEY DIRECTOR 1.00 X 0 0 0 JOSEPH F VARRO JR DIRECTOR 1.00 X 0 0 0 KATRINA WAGNER DIRECTOR 1.00 X 0 0 0 AVA WEINBERG STUDENT BOARD MEMBER 1.00 X 0 0 0 SHANNON BARNHILL EXECUTIVE DIRECTOR 40.00 X 0 164431 0 0 164431 0 0 0 1 0 0 8123 330158 2243885 626932 2582166 ADMINISTRATIVE FEES 611710 26171 26171 26171 256079 256079 7184 7184 472639 563013 -90374 -90374 -90374 79969 330158 158569 -78600 -78600 2702626 26171 0 94289 1557254 1557254 164431 29598 134833 158330 29446 128884 59979 59979 62143 62143 35802 35802 35375 35375 7606 7606 EVENT EXPENSES 96985 96985 BOARD ACTIVITY 6067 6067 SUPPLIES 4397 4397 2188369 1616298 475086 96985 3006766 288709 1278558 4653613 15550 41232 3287672 3534003 147137 0 2247424 2298611 9983107 10816168 115501 34862 109525 101050 225026 135912 X 3725126 4146254 6032955 6534002 9758081 10680256 9983107 10816168 X 514257 356731 51187 X X 0 1 X 1 0 X 1654180 1777283 3404221 2205638 2582166 11623488 1654180 1777283 3404221 2205638 2582166 11623488 1166744 10456744 86985 58101 92392 115253 263263 615994 99 99 12239581 122435 0.85430 0.87240 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 99. SCHEDULE A, PART II: ANY AMOUNTS REPORTED IN SECTION B, LINE 9, REPRESENT NET INCOME FROM VARIOUS FUNDRAISING ACTIVITIES THAT ARE CONSIDERED UNRELATED BUSINESS ACTIVITES THAT ARE NOT REGULARILY CARRIED ON FOR PURPOSES OF SCHEDULE A REPORTING. SINCE THESE ACTIVITIES ARE NOT REGULARILY CARRIED ON, THEY ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 BENEFICIAL INTEREST IN REMAINDER TRUST 2298611 2298611 3206970 356731 51187 407918 2799052 62143 -158569 -96426 2702626 2284795 158569 158569 2126226 62143 62143 2188369 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 51,187. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXP DEDUCTED FROM REVENUES ON FORM 990 -158,569. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXP DEDUCTED FROM REVENUES ON FORM 990 158,569. SUPERINTENDENT'S CUP 198236 147080 51156 28108 10533 46978 GOLD BAR 192742 163929 28813 4763 24838 43349 1 19149 19149 410127 330158 79969 32871 35371 90327 158569 -78600 1 ALBUQUERQUE PUBLIC SCHOOLS 6400 UPTOWN ALBUQUERQUE NM 87110 856000101 115-GOVT 1557254 0 N/A N/A TO SUPPORT APS PROGRAMS AND SCHOOLS 1 0 PART I, LINE 2: THE APS FOUNDATION SERVES AS A FISCAL SPONSOR AND AGENT FOR ALBUQUERQUE PUBLIC SCHOOLS (APS). THE APS FOUNDATION PROVIDES GRANT WRITING AND SUBMISSION ASSISTANCE AND HAS POLICIES AND PROCEDURES IN PLACE FOR EACH DUE TO AGENCY ACCOUNT HOLDING GRANT FUNDING. THE APS FOUNDATION PROVIDES GRANT MONITORING AND MANAGEMENT. A FISCAL SPONSOR/AGENT AGREEMENT IS SIGNED TO ENSURE ADEQUATE CONTROLS ARE IN PLACE FOR THE GRANTEES TO BE COMPLIANT WITH REQUIREMENTS, BUDGET AND FUNDING ACCOUNTABILITY, AND PROGRESS AGAINST PROJECT GOALS, AND THE FUNDING IS MEETING THE CRITERIA OF THE GRANT AND PROVIDES THE REQUIRED EVALUATION AND END YEAR REPORT. THE FOUNDATION MAINTAINS RECORDS OF THE GRANT FINANCIAL TRANSACTIONS AND ENSURES FUNDING IS USED AS INTENDED. THE GRANTS HELD AT THE FOUNDATION ARE TYPICALLY FOR ONE YEAR. IF THEIR GRANT DONOR HAS REQUESTED A REPORT AS INDICATED IN THE GRANT AGREEMENT THOSE GUIDELINES MUST BE FOLLOWED. THE FINAL REPORTS VARY AND ARE RELIANT ON THE GRANT FUNDERS' PREFERENCES, THE FOUNDATION ENSURES THOSE FINAL REPORT REQUIREMENTS ARE MET BY PROVIDING ASSISTANCE WITH THE FINANCIAL ACCOUNTING REPORTS AND NARRATIVES. 0 0 0 0 0 0 0 0 0 SHANNON BARNHILL EXECUTIVE DIRECTOR 0 164431 0 0 0 0 0 0 0 0 0 164431 0 0 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. X APS FUNDING 1 461747 FMV X GOLD BAR 176 60695 FMV X GOODWILL VOUCHERS 1 54076 FMV X SUPERCUP 3875 50414 FMV 0 0 1 0 PART I, COLUMN (B): APS FUNDING AND GOODWILL CLOTHING VOUCHERS LISTS THE NUMBER OF DONORS. GOLD BAR AND SUPERCUP FUNDRAISING IN-KIND REPRESENT THE NUMBER OF ITEMS DONATED. FORM 990, PART I, LINE 15 AND PART IX, LINES 5 AND 7: THE APS FOUNDATION IS A COMPONENT UNIT OF ALBUQUERQUE PUBLIC SCHOOLS (APS) AND, AS SUCH, IS PART OF THEIR BUDGET PROCESS AND REPORTED IN THEIR CONSOLIDATED AUDITED GOVERNMENTAL FINANCIAL STATEMENTS. IN ADDITION, THE FOUNDATION AS A SEPARATE SECTION 501(C)(3) ORGANIZATION IS REQUIRED TO OBTAIN SEPARATE AUDITED FINANCIAL STATEMENTS UNDER THE NM CHARITABLE SOLICITATIONS ACT. APS, AS PART OF THEIR BUDGETING PROCESS, BUDGETS FOR THE PAYMENT OF FOUNDATION EXPENSES INCLUDING EMPLOYEE COMPENSATION COSTS. SINCE APS CAN PROVIDE MUCH BETTER BENEFITS UNDER THEIR STATE SPONSORED EDUCATIONAL SYSTEM THAN THE FOUNDATION COULD BY HIRING AND PAYING THEIR OWN EMPLOYEES, THE FOUNDATION IS ABLE TO ATTRACT AND RETAIN HIGHLY QUALIFIED EMPLOYEES BY HAVING THEM PAID UNDER THE APS PAYROLL SYSTEM. THE FOUNDATION ACTUALLY MAKES THE HIRING DECISIONS FOR THE EMPLOYEES WORKING FOR THEM AND APS BUDGETS AND PAYS A MAJORITY OF THE FOUNDATION EMPLOYEE SALARIES AND CHARGES THESE EXPENSES TO THE FOUNDATION PORTION OF THE APS BUDGET. IN ORDER TO REFLECT THE EXPENSES PAID DIRECTLY BY APS UNDER THE FOUNDATION BUDGET FOR THE SEPARATE FINANCIAL REPORTING OF THE FOUNDATION, AN ENTRY IS MADE ON THE FOUNDATION BOOKS REFLECTING THE COST OF THE SALARY AND OTHER EXPENSES PAID DIRECTLY BY APS. THIS IS DONE FOR ADMINISTRATIVE CONVENIENCE RATHER THAN ACTUALLY EXCHANGING CHECKS BETWEEN THE APS AND THE FOUNDATION BANK ACCOUNTS THAT WOULD BE ELIMINATED IN THE CONSOLIDATED GOVERNMENTAL FINANCIAL STATEMENTS. IN THE PAST, THE SALARY COSTS WERE ELIMINATED FROM THE FOUNDATION EXPENSES AND DONATION REVENUE FOR FORM 990 REPORTING PURPOSES UNDER THE BELIEF THEY WERE DONATED SERVICES. HOWEVER, THE SERVICES ARE NOT DONATED TO THE FOUNDATION BY APS. THEY ARE BUDGETED TO THE FOUNDATION AT COST AND ARE INCLUDED IN THE APS CONSOLIDATED FINANCIAL STATEMENTS ALONG WITH THE EXPENSES PAID SEPARATELY OUT OF THE SEPARATE FOUNDATION BANK ACCOUNTS. THE FOUNDATION IS NOW REPORTING THE COMPENSATION AND OTHER EXPENSES PAID BY APS ON THEIR BEHALF IN THEIR FUNCTIONAL EXPENSE SCHEDULE, INCLUDING THE FOUNDATION EMPLOYEES THAT ARE PAID BY APS TO PERFORM SERVICES FOR THE FOUNDATION AND THAT ARE HIRED BY THE FOUNDATION. IT IS THE OPINION OF THE FOUNDATION'S CPA FIRM THAT PREPARES THE FORM 990 THAT THIS REPORTING MORE ACCURATELY REFLECTS THE FOUNDATION EXPENSES BASED UPON THE STRUCTURE OF THE TRANSACTION UNDER THE APS MEMORANDUM OF UNDERSTANDING WITH THE FOUNDATION AND THAT THE COMPENSATION COSTS ARE NOT DONATED SERVICES UNDER THE IRS GUIDELINES. FORM 990, PART V, LINE 2A: THE APS FOUNDATION STAFF ARE EMPLOYEES OF ALBUQUERQUE PUBLIC SCHOOLS (APS). APS ISSUES AND FILES THE W-2'S AND OTHER PAYROLL TAX REPORTS AS REQUIRED. THE APS FOUNDATION DOES NOT HAVE ANY EMPLOYEES AND, THEREFORE, IS NOT REQUIRED TO FILE, AND DOES NOT FILE, ANY W-2'S OR OTHER PAYROLL TAX REPORTS. SINCE THE APS FOUNDATION, THROUGH ITS MEMORANDUM OF UNDERSTANDING WITH APS, EFFECTIVELY REIMBURSES THE COMPENSATION OF APS EMPLOYEES FOR TIME SPENT WORKING ON FOUNDATION BUSINESS, THIS COMPENSATION EXPENSE HAS BEEN REPORTED ON LINES 5 THOUGH 7 IN THE PART IX STATEMENT OF FUNCTIONAL EXPENSES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 DRAFT IS REVIEWED AND VOTED ON BY THE FINANCE COMMITTEE OF THE ALBUQUERQUE PUBLIC SCHOOLS EDUCATION FOUNDATION. FOLLOWING APPROVAL BY THE FINANCE COMMITTEE, THE DRAFT WILL BE PRESENTED TO THE FULL BOARD FOR REVIEW AND A VOTE AT THE SUBSEQUENT QUARTERLY MEETING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES, OFFICERS, AND BOARD MEMBERS ARE SUBJECT TO THE CONFLICT INTEREST POLICY. EMPLOYEES AND OFFICERS ATTEST TO THEIR INDEPENDENCE WHEN HIRED AND ARE REQUIRED TO INFORM THE ORGANIZATION SHOULD THEIR SITUATION CHANGE. BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST POLICY UPON APPOINTMENT AND ARE REQUIRED TO ATTEST TO THEIR INDEPENDENCE ANNUALLY. IF A CONFLICT ARISES, IT IS REVIEWED BY INDEPENDENT MEMBERS OF THE BOARD. A PERSON WITH A CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON THE TRANSACTION ON WHICH THE CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE EXECUTIVE DIRECTOR AND ANY OTHER KEY EMPLOYEES ARE 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. THIS PROCESS WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 51,187. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.