Nonprofit · EIN 85-0477271
CENTER FOR EDUCATIONAL INITIATIVES
Tax-exempt · ALBUQUERQUE, NM 87105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $121,282 | $142,928 | -$21,646 | $2,656,565 | $191 | $2,656,374 |
| December 31, 2023 | 990-PF | $23,148 | $104,163 | -$81,015 | $2,382,946 | $127 | $2,382,819 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $27,429
- Interest
- $14
- Net gain from sales of assets
- $93,839
Expenses
- Grants and similar amounts paid
- $124,500
- Disbursements for charitable purposes
- $129,158
- Excise tax on investment income
- $191
Balance sheet and other
- Total assets, start of year
- $2,382,946
- Total assets, end of year
- $2,656,565
- Total liabilities, end of year
- $191
- Net assets, end of year
- $2,656,374
- Fair market value of assets
- $3,167,253
- Qualifying distributions
- $129,158
- Net investment income
- $27,443
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN MARKS 240 VALLEY HIGH SW, ALBUQUERQUE, NM 87105 | PRESIDENT | 0 | $0 |
| ARTURO SANDOVAL 604 15TH ST NW, ALBUQUERQUE, NM 87104 | SEC/DIRECTOR | 0 | $0 |
| ELAINE MONTOYA 9439 RIO GRANDE BLVD NW, ALBUQUERQUE, NM 87114 | VP/DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN MARKS 240 VALLEY HIGH SW, ALBUQUERQUE, NM 87105 | PRESIDENT | 0 | $0 |
| ARTURO SANDOVAL 604 15TH ST NW, ALBUQUERQUE, NM 87104 | SEC/DIRECTOR | 0 | $0 |
| ELAINE MONTOYA 9439 RIO GRANDE BLVD NW, ALBUQUERQUE, NM 87114 | VP/DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 240 VALLEY HIGH ST SW, ALBUQUERQUE, NM 87105-0739
- In care of
- % ALAN MARKS
- Signed the 990-PF
- ALAN MARKS, PRESIDENT
- Phone
- (505) 362-0813
- Return prepared by
- Valerie J Borrego CPA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-0477271
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $2,656,565
- Income (IRS master file)
- $543,406
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $121,282 | $142,928 | $2,656,565 | XML |
| 990-PF | December 2023 | $23,148 | $104,163 | $2,382,946 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 85-0477271).
Questions about CENTER FOR EDUCATIONAL INITIATIVES
- What is the EIN of CENTER FOR EDUCATIONAL INITIATIVES?
- The employer identification number (EIN) of CENTER FOR EDUCATIONAL INITIATIVES is 85-0477271.
- Is CENTER FOR EDUCATIONAL INITIATIVES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CENTER FOR EDUCATIONAL INITIATIVES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CENTER FOR EDUCATIONAL INITIATIVES file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CENTER FOR EDUCATIONAL INITIATIVES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTER FOR EDUCATIONAL INITIATIVES last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of CENTER FOR EDUCATIONAL INITIATIVES?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CENTER FOR EDUCATIONAL INITIATIVES have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $121,282, expenses of $142,928 and total assets of $2,656,565 at year end.
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