Nonprofit · EIN 85-0463453
FOUNDATION FOR BUILDING
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $426,506 | $399,446 | $27,060 | $1,518,720 | $1,091 | $1,517,629 |
| December 31, 2024 | 990 | $460,878 | $262,979 | $197,899 | $1,494,407 | $3,838 | $1,490,569 |
| December 31, 2023 | 990 | $367,375 | $243,529 | $123,846 | $1,331,688 | $39,018 | $1,292,670 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $226,037
- Investment income
- $284,465
- Net gain from sales of assets
- $260,671
- Tax-exempt bond proceeds
- $23,794
- Other revenue
- -$83,996
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $35,993
- Salaries, compensation and benefits (total)
- $35,993
- Professional fundraising fees
- $0
- Accounting fees
- $12,860
- Travel
- $4,500
- Program services (functional)
- $399,446
Balance sheet and other
- Total assets, start of year
- $1,494,407
- Total assets, end of year
- $1,518,720
- Total liabilities, end of year
- $1,091
- Net assets, end of year
- $1,517,629
- Land, buildings and equipment
- $451,745
- Publicly traded securities
- $974,545
- Net assets without donor restrictions
- $1,517,629
- Gross receipts
- $4,165,395
- Employees
- 1
- Year formed
- 1999
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Folkman | PresidentExec Director Officer | 25 | $35,993 |
| Steve Hale | Treasurer Officer | 25 | $14,223 |
| Lora Vassar | Secretary Officer | 1 | $0 |
| Robin Ribble-Harder | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Folkman | PresidentExec Director Officer | 25 | $33,333 |
| Steve Hale | Treasurer Officer | 25 | $27,924 |
| Lora Vassar | Secretary Officer | 1 | $0 |
| Robin Ribble-Harder | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lora Vassar | Secretary Officer | 1 | $0 |
| Robin Ribble-Harder | Vice President Officer | 1 | $0 |
| James Folkman | PresidentExec Director Officer | 25 | $0 |
| Steve Hale | Treasurer Officer | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 7800 HEADLINE BLVD NE UNIT 1130, ALBUQUERQUE, NM 87109-4599
- In care of
- % JAMES FOLKMAN
- Principal officer (990 for 2025)
- James Folkman, 7800 Headline Blvd Unit 1130, Albuquerque, NM 87109
- Signed the 990
- JAMES FOLKMAN, President
- Phone
- (505) 400-0864
- Return prepared by
- Anna A Schneider EA LLC
Mission
See schedule O
Program accomplishments
- Foundation for Building provides technical training to property owners, builders, and remodelers, and education to the general public on the attributes and value of constructiong and renovating energy-efficient and green structures within the built-enviroment and provides broad-based support to a wide range of substainability programs. It provides third-party certification for the performance of those structures.Expenses $399,446 · revenue $203,425
- Founded on BuildGreen NM sustainablility principals, provided guidance, technical advice, and assistance in the ultimate acquisistion and development of an education, nursery, and staffing facilitiy for TreeNM, a 501(c)(3) NM Corporation and; provided operations and other support to Fraction Farms, a project of El Prado, a 501(c)(3) NM Corporation.revenue $22,612
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0463453
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $1,518,720
- Income (IRS master file)
- $4,165,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $426,506 | $399,446 | $1,518,720 | XML |
| 990 | December 2024 | $460,878 | $262,979 | $1,494,407 | IRS |
| 990 | December 2023 | $367,375 | $243,529 | $1,331,688 | XML |
| 990 | December 2022 | $232,463 | $221,075 | $1,173,150 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 85-0463453).
Questions about FOUNDATION FOR BUILDING
- What is the EIN of FOUNDATION FOR BUILDING?
- The employer identification number (EIN) of FOUNDATION FOR BUILDING is 85-0463453.
- Is FOUNDATION FOR BUILDING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FOUNDATION FOR BUILDING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR BUILDING 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 FOUNDATION FOR BUILDING due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR BUILDING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FOUNDATION FOR BUILDING?
- The 990 for the year ended December 31, 2025 names James Folkman.
- Who are the officers and directors of FOUNDATION FOR BUILDING?
- The 990 for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $35,993 (James Folkman, PresidentExec Director).
- How much revenue does FOUNDATION FOR BUILDING have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $426,506, expenses of $399,446 and total assets of $1,518,720 at year end.
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