Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-6008015

ALBUQUERQUE ACADEMY FOR BOYS TRUST 1

Tax-exempt · PENNINGTON, NJ 08534

Financials

$4.9M$1.7M2023$2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,958,481$1,211,894$746,587$34,676,161$0$34,676,161
June 30, 2024990$4,936,148$1,674,127$3,262,021$33,924,203$0$33,924,203
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,958,481
Net gain from sales of assets
$1,013,418
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,013,547
Compensation of officers, directors and key employees
$191,443
Salaries, compensation and benefits (total)
$191,443
Professional fundraising fees
$0
Program services (functional)
$1,090,124
Management and general (functional)
$121,770

Balance sheet and other

Total assets, start of year
$33,924,203
Total assets, end of year
$34,676,161
Total liabilities, end of year
$0
Net assets, end of year
$34,676,161
Publicly traded securities
$34,120,215
Gross receipts
$2,845,891
Employees
0
Year formed
2009
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 / weekCompensation
BANK OF AMERICA NACO-TRUSTEE
Institutional trustee
2$191,443
CHRISTOPHER J JILLSONCO-TRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensation
BANK OF AMERICA NACO-TRUSTEE
Institutional trustee
2$215,863
CHRISTOPHER J JILLSONCO-TRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 1532, PENNINGTON, NJ 08534-0691
In care of
% BANK OF AMERICA
Principal officer (990 for 2024)
BANK OF AMERICA NA, PO BOX 1532, PENNINGTON, NJ 08534
Signed the 990
BANK OF AMERICA N A, MANAGING DIR
Phone
(888) 866-3275

Mission

PROVIDE DISTRIBUTIONS TO THE ALBUQUERQUE ACADEMY FOR OPERATION OF A SECONDARY EDUCATIONAL COLLEGE PREPARATORY SCHOOL

990 for the year ended June 30, 2025

Program accomplishments

  • TO SUPPORT THE ALBUQUERQUE ACADEMY'S PURPOSE OF THE ACADEMIC, CREATIVE, MORAL, AND PHYSICAL DEVELOPMENT OF STUDENTS. THE ALBUQUERQUE ACADEMY INSTILLS IN EVERY STUDENT A POSITIVE SET OF VALUES, A MORAL, INTELLECTUAL, AND CREATIVE DISCIPLINE. OVER 1,000 STUDENTS ENROLLED IN GRADE SIX THROUGH TWELVE.
    Expenses $1,013,547 · grants $1,013,547

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
85-6008015
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1960
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,676,161
Income (IRS master file)
$2,845,891

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,958,481$1,211,894$34,676,161XML
990June 2024$4,936,148$1,674,127$33,924,203XML
990June 2023$714,073$1,624,936$30,664,796IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 85-6008015).

Questions about ALBUQUERQUE ACADEMY FOR BOYS TRUST 1

What is the EIN of ALBUQUERQUE ACADEMY FOR BOYS TRUST 1?
The employer identification number (EIN) of ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 is 85-6008015.
Is ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 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 ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 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 ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 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 ALBUQUERQUE ACADEMY FOR BOYS TRUST 1?
The 990 for the year ended June 30, 2025 names BANK OF AMERICA NA.
Who are the officers and directors of ALBUQUERQUE ACADEMY FOR BOYS TRUST 1?
The 990 for the year ended June 30, 2025 lists 2 people; 1 received compensation from the organization, the highest $191,443 (BANK OF AMERICA NA, CO-TRUSTEE).
How much revenue does ALBUQUERQUE ACADEMY FOR BOYS TRUST 1 have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,958,481, expenses of $1,211,894 and total assets of $34,676,161 at year end.

Other nonprofits in PENNINGTON

All nonprofits in PENNINGTON · New Jersey