Albuquerque Oasis FY2021 filing

Albuquerque, NM501(c)(3)EIN 32-0081580Revenue $718K in FY2021

On file with the IRSoasisabq.orgPo Box 35518, 87176-5518 · Albuquerque, NMTax-exempt since Sep 2001Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To enrich the lives of mature adults through lifelong learning and service opportunities.

78¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $68K a year · 11% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$104K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$718K
+25% vs prior year
Spent
$653K
To programs
78%
Net assets
$705K
By yearFY2020–FY2024
Revenue
$718K
FY2021▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$573K
FY2021$718K
FY2022$585K
FY2023$586K
FY2024$709K
Expenses
$653K
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$638K
FY2021$653K
FY2022$713K
FY2023$740K
FY2024$764K
Net assets
$705K
FY2021▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$588K
FY2021$705K
FY2022$506K
FY2023$394K
FY2024$374K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $508K Management & general 18% · $115K Fundraising 5% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

7 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$93,108Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kathleen Raskob—$80,382$88,269$93,108$79,692
Scott Sharp$89,732————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Albuquerque Oasis executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enriches mature adults' lives with lifelong learning and service.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $495K · in their own filed words · FY2021
01

Education

Albuquerque oasis offers courses and presentations across a wide range of subjects, including the arts, science, humanities, WELLNESS/HEALTH, musical performances, as well as hikes and walks. During 2021 and due to the continuation of the COVID-19 pandemic, off-site offerings, musical performances, and day trips were curtailed.

$244Kprogram expense
02

Volunteer Service

Albuquerque oasis works with the albuquerque public school district, belen consolidated schools, and the bernalillo public school district to offer the oasis intergenerational tutoring program.

$142Kprogram expense
03

Health

Albuquerque oasis focuses on increasing awareness, knowledge and skills for older adults to address their individual health and wellness needs. The classes emphasize current research on aging, falls prevention, physical activities and exercise, as well as other health issues facing older adults.

$109Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$718K
Ln 12
Gifts and grantsLn 1h$515K
Fees for servicesLn 2g$195K
Investment incomeLn 3$8K
Money outPt IX
$653K
Ln 25
Programscol B$508K
Managementcol C$115K
Fundraisingcol D$31K
Owns and owesPt X
$705K
net assets · Ln 32
Cash and savingsLn 1–2$97K
Total assetsLn 16$808K
LiabilitiesLn 26$104K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$515K
Government grantsLn 1e$331K
Fees for servicesLn 2g$195K
Investment incomeLn 3$8K
Total revenueLn 12$718K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$50K
Cash and savings togetherLn 1–2$97K
InvestmentsLn 11–13$389K
Land, buildings, equipmentLn 10c$114K
Other assetsLn 15$185K
Total assetsLn 16$808K
LiabilitiesLn 26$104K
Net assetsLn 32$705K
OperationsPt I, VI
EmployeesI 57
VolunteersI 6529
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$156K$97K
InvestmentsLn 11–13$349K$389K
Land, buildings, equipmentLn 10c$150K$114K
Total assetsLn 16$766K$808K
LiabilitiesLn 26$178K$104K
Net assetsLn 32$588K$705K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$75K$16K$16K
Other salaries and wagesLn 7$210K$193K$14K$4K
Other employee benefitsLn 9$19K$18K$808$481
Payroll taxesLn 10$23K$21K$2K$642
Accounting feesLn 11c$29K$29K
Other fees for servicesLn 11g$26K$14K$12K
Advertising and promotionLn 12$980$980
Office expensesLn 13$32K$25K$7K$841
OccupancyLn 16$55K$46K$6K$2K
TravelLn 17$448$109$339
Conferences, conventions and meetingsLn 19$282$99$183
Depreciation, depletion and amortizationLn 22$43K$36K$5K$2K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$81K$68K$13K
All other expensesLn 24e$21K$11K$5K$5K
Total functional expensesLn 25$653K$508K$115K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $709K$764K−$55K$374K 990 PDF
FY2023 $586K$740K−$154K$394K 990 PDF
FY2022 $585K$713K−$128K$506K 990 PDF
FY2021 Viewing $718K$653K$65K$705K 990 PDF
FY2020 $573K$638K−$65K$588K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $718,325 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $359,507$514,953
I-9 Program service revenuePrior year $202,960$195,060
I-10 Investment incomePrior year $7,726$8,312
I-11 Other revenuePrior year $2,664$0
I-12 Total revenuePrior year $572,857$718,325
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $364,066$360,374
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $273,752$292,871
I-18 Total expensesPrior year $637,818$653,245
I-19 Revenue less expensesPrior year −$64,961$65,080
Part VI · Governance 5 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $718,325 across 6 lines filed
VIII-1e Government grants$331,345
VIII-1f All other contributions, gifts and grants$183,608
VIII-1h Total contributions, gifts and grants$514,953
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $195,060$195,060
VIII-3 Investment incomeExcluded from tax $8,312$8,312
VIII-12 Total revenueRelated to mission $195,060 · Unrelated business $0 · Excluded from tax $8,312$718,325
Part IX · Statement of functional expenses $653,245 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $75,313 · Management $16,137 · Fundraising $16,139$107,589
IX-7 Other salaries and wagesPrograms $193,212 · Management $13,553 · Fundraising $3,506$210,271
IX-9 Other employee benefitsPrograms $17,768 · Management $808 · Fundraising $481$19,057
IX-10 Payroll taxesPrograms $20,615 · Management $2,200 · Fundraising $642$23,457
IX-11c Accounting feesManagement $28,900$28,900
IX-11g Other fees for servicesPrograms $13,657 · Management $12,446$26,103
IX-12 Advertising and promotionManagement $980$980
IX-13 Office expensesPrograms $24,530 · Management $6,545 · Fundraising $841$31,916
IX-16 OccupancyPrograms $46,274 · Management $6,404 · Fundraising $1,949$54,627
IX-17 TravelPrograms $109 · Management $339$448
IX-19 Conferences, conventions and meetingsPrograms $99 · Management $183$282
IX-22 Depreciation, depletion and amortizationPrograms $36,311 · Management $4,974 · Fundraising $1,573$42,858
IX-23 InsuranceManagement $4,267$4,267
IX-24 Other expenses (24a–d)Programs $68,496 · Management $12,682$81,178
IX-24e All other expensesPrograms $11,180 · Management $4,713 · Fundraising $5,419$21,312
IX-25 Total functional expensesPrograms $507,564 · Management $115,131 · Fundraising $30,550$653,245
Part X · Balance sheet $808,495 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $156,014$46,976
X-2 Savings and temporary cash investmentsStart of year $0$50,463
X-3 Pledges and grants receivableStart of year $48,494$10,000
X-4 Accounts receivableStart of year $3,350$5,850
X-9 Prepaid expenses and deferred chargesStart of year $6,845$7,690
X-10c Land, buildings and equipment, netStart of year $150,252$113,701
X-11 Publicly traded securitiesStart of year $349,430$388,955
X-15 Other assetsStart of year $51,330$184,860
X-16 Total assetsStart of year $765,715$808,495
X-17 Accounts payable and accrued expensesStart of year $56,265$61,721
X-19 Deferred revenueStart of year $41,160$37,309
X-25 Other liabilitiesStart of year $17,060$4,652
X-26 Total liabilitiesStart of year $177,785$103,682
X-27 Net assets without donor restrictionsStart of year $482,548$631,082
X-28 Net assets with donor restrictionsStart of year $105,382$73,731
X-32 Total net assets or fund balancesStart of year $587,930$704,813
X-33 Total liabilities and net assetsStart of year $765,715$808,495
Part XI · Reconciliation of net assets $704,813 net assets at year end
XI-1 Total revenue$718,325
XI-2 Total expenses$653,245
XI-3 Revenue less expenses$65,080
XI-4 Net assets at start of year$587,930
XI-5 Net unrealized gains (losses) on investments$52,407
XI-9 Other changes in net assets−$604
XI-10 Net assets at end of year$704,813

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.