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Nonprofit · EIN 81-3215356

FATHERS BUILDING FUTURES

Tax-exempt · ALBUQUERQUE, NM 87102

Financials

$211K$451K2022$374K$434K2023$594K$548K2024
Revenue Expenses · by fiscal year end
Financials of FATHERS BUILDING FUTURES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$594,135$548,057$46,078$132,602$661,936-$529,334
June 30, 2024990$373,955$433,859-$59,904$172,615$748,027-$575,412
June 30, 2023990$211,109$450,741-$239,632$164,569$680,077-$515,508
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$507,821
of which government grants
$331,364
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$9,352
Other revenue
$86,314

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$308,131
Salaries, compensation and benefits (total)
$398,134
Professional fundraising fees
$0
Accounting fees
$6,294
Occupancy
$23,687
Travel
$11,985
Depreciation
$45,549
Program services (functional)
$378,677
Management and general (functional)
$169,380

Balance sheet and other

Total assets, start of year
$172,615
Total assets, end of year
$132,602
Total liabilities, end of year
$661,936
Net assets, end of year
-$529,334
Land, buildings and equipment
$939
Net assets without donor restrictions
-$529,334
Gross receipts
$609,018
Employees
25
Year formed
2016
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER SANCHEZCEO
Officer
2$0$255,865$22,013
BRIAN OCONNELLCOOCFO
Officer
2$0$130,000$0
RANDOLPH SANCHEZCHAIRMAN
Trustee or director, Officer
0.2$0$9,875$0
THADDEUS LUCEROBOARD MEMBER
Trustee or director
0.2$0$8,875$0
CHARLES PENABOARD MEMBER
Trustee or director
0.2$0$8,625$0
RAY MARESBOARD MEMBER
Trustee or director
0.2$0$8,625$0
ROBERTA RICCIBOARD MEMBER
Trustee or director
0.2$0$8,625$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER SANCHEZCEO
Officer
2$0$261,255$22,500
BRIAN OCONNELLCOOCFO
Officer
2$0$123,846$0
RAY MARESBOARD MEMBER
Trustee or director
0.2$0$18,000$0
CHARLES PENABOARD MEMBER
Trustee or director
0.2$0$18,000$0
RANDOLPH SANCHEZCHAIRMAN
Trustee or director, Officer
0.2$0$18,000$0
ROBERTA RICCIBOARD MEMBER
Trustee or director
0.2$0$16,000$0
THADDEUS LUCEROBOARD MEMBER
Trustee or director
0.2$0$16,000$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER SANCHEZCEO
Officer
2$0$248,603$6,373
BRIAN OCONNELLCOOCFO
Officer
2$0$125,000$0
THADDEUS LUCEROBOARD MEMBER
Trustee or director
0.2$0$8,000$0
ROBERTA RICCIBOARD MEMBER
Trustee or director
0.2$0$8,000$0
CHARLES PENABOARD MEMBER
Trustee or director
0.2$0$8,000$0
RAY MARESBOARD MEMBER
Trustee or director
0.2$0$8,000$0
RANDOLPH SANCHEZCHAIRMAN
Trustee or director, Officer
0.2$0$8,000$0

Address and contacts

Address (IRS master file)
1223 4TH ST NW, ALBUQUERQUE, NM 87102-1414
In care of
% BRIAN OCONNELL
Mailing address (990-N for 2019)
4301 4TH STREET NW, ALBUQUERQUE NM 87107
Principal officer (990 for 2024)
PETER SANCHEZ, 6260 RIVERSIDE PLAZA LANE NW STE A, Albuquerque, NM 87120
Principal officer (990-N for 2019)
ZOE OTERO-MARTINEZ, 4301 4TH ST NW, ALBUQUERQUE NM 87107
Signed the 990
BRIAN OCONNELL, CFO & COO
Phone
(505) 873-6035
Return prepared by
Jaramillo Accounting Group LLC

Mission

TO ENSURE PARENTS AND FAMILIES WITH BARRIERS TO INCARCERATION HAVE THE BEST OPPORTUNITIES FOR STABILITY SOCIALLY, EMOTIONALLY, AND FINANCIALLY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE JOB DEVELOPMENT PROGRAM SERVED 26 CLIENTS PRIOR TO AND AFTER BEING RELEASED FROM BERNALILLO COUNTY METRO DETENTION CENTER IN ALBUQUERQUE. PARTICIPANTS ENGAGED IN PARENTING AND FINANCIAL LITERACY CLASSES, EMPLOYABILITY TRAINING AND ON-THE-JOB TRAINING IN THE FATHERS BUILDING FUTURES WOOD SHOP.
    Expenses $378,677

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-3215356
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$132,602
Income (IRS master file)
$609,018

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$594,135$548,057$132,602IRS
990June 2024$373,955$433,859$172,615IRS
990June 2023$211,109$450,741$164,569XML
990June 2022$232,748$480,828$32,298IRS
990June 2021–––IRS
990-N for 2019
Officer: ZOE OTERO-MARTINEZ
June 30, 2020≤ $50,000 receipts––e-Postcard
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3215356).

Questions about FATHERS BUILDING FUTURES

What is the EIN of FATHERS BUILDING FUTURES?
The employer identification number (EIN) of FATHERS BUILDING FUTURES is 81-3215356.
Is FATHERS BUILDING FUTURES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to FATHERS BUILDING FUTURES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FATHERS BUILDING FUTURES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FATHERS BUILDING FUTURES due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FATHERS BUILDING FUTURES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FATHERS BUILDING FUTURES?
The 990 for the year ended June 30, 2025 names PETER SANCHEZ.
Who are the officers and directors of FATHERS BUILDING FUTURES?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does FATHERS BUILDING FUTURES have?
On its 990 for the year ended June 30, 2025 it reported revenue of $594,135, expenses of $548,057 and total assets of $132,602 at year end.

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