Albacete Forum
- Assets
- $18.0k
- Revenue
- $26.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronxville, NY
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-2210883
Organization Overview
Albacete Forum is located in Bronxville, NY. The organization was established in 2017. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albacete Forum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Albacete Forum generated $26.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 59.6% each year . All expenses for the organization totaled $25.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LORENZO ALBACETE FOUNDATION HONORS THE LIFE AND LEGACY OF ITS NAMESAKE. THE ORGANIZATION'S GOALS ARE TO KEEP MSGR. ALBACETE'S WORKS IN THE PUBLIC SPHERE AND TO PROMOTE HIS OUTLOOK AND INTERESTS IN THE WIDER WORLD OF THE CHURCH AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LORENZO ALBACETE FOUNDATION HONORS THE LIFE AND LEGACY OF ITS NAMESAKE. THE ORGANIZATION'S GOALS ARE TO KEEP MSGR. ALBACETE'S WORKS IN THE PUBLIC SPHERE AND TO PROMOTE HIS OUTLOOK AND INTERESTS IN THE WIDER WORLD OF THE CHURCH AND SOCIETY.
THE LORENZO ALBACETE FOUNDATION HONORS THE LIFE AND LEGACY OF ITS NAMESAKE. THE ORGANIZATION'S GOALS ARE TO KEEP MSGR. ALBACETE'S WORKS IN THE PUBLIC SPHERE AND TO PROMOTE HIS OUTLOOK AND INTERESTS IN THE WIDER WORLD OF THE CHURCH AND SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivetta Danese Treasurer | Officer | 10 | $0 |
Stephen Sanchez President | Officer | 2 | $0 |
Maureen Rooney Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,505 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,284 |
| Advertising and promotion | $1,765 |
| Office expenses | $644 |
| Information technology | $1,479 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $81 |
| Total functional expenses | $25,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,026 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,026 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $18,026 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,026 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albacete Forum has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Somos Healthcare Providers Inc Bronx, NY PURPOSE: FORUM ON HISPANIC AMERICANS AND 2020 DEMOCRATIC PROCESS | $10,000 |
Somos Healthcare Providers Inc Bronx, NY PURPOSE: FORUM ON HISPANIC AMERICANS AND 2020 DEMOCRATIC PROCESS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Heritage Aflame Inc Bolivar, NY | $1,304,768 | $4,768,942 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Global Outreach Mission Inc Getzville, NY | $2,858,077 | $4,945,312 |
Peylim Lev Lachim lakewood, NJ | $4,589 | $4,953,588 |
Noor Uliman Schools Inc Monmouth Junction, NJ | $5,196,914 | $5,544,541 |