Nonprofit · EIN 81-3215356
FATHERS BUILDING FUTURES
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $594,135 | $548,057 | $46,078 | $132,602 | $661,936 | -$529,334 |
| June 30, 2024 | 990 | $373,955 | $433,859 | -$59,904 | $172,615 | $748,027 | -$575,412 |
| June 30, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 2 | $0 | $255,865 | $22,013 |
| BRIAN OCONNELL | COOCFO Officer | 2 | $0 | $130,000 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN Trustee or director, Officer | 0.2 | $0 | $9,875 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,875 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,625 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,625 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,625 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 2 | $0 | $261,255 | $22,500 |
| BRIAN OCONNELL | COOCFO Officer | 2 | $0 | $123,846 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $0 | $18,000 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $0 | $18,000 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN Trustee or director, Officer | 0.2 | $0 | $18,000 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $0 | $16,000 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $0 | $16,000 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 2 | $0 | $248,603 | $6,373 |
| BRIAN OCONNELL | COOCFO Officer | 2 | $0 | $125,000 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,000 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,000 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,000 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $0 | $8,000 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN 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
- Website
- FATHERSBUILDINGFUTURES.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $594,135 | $548,057 | $132,602 | IRS |
| 990 | June 2024 | $373,955 | $433,859 | $172,615 | IRS |
| 990 | June 2023 | $211,109 | $450,741 | $164,569 | XML |
| 990 | June 2022 | $232,748 | $480,828 | $32,298 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: ZOE OTERO-MARTINEZ | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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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