Foundation for Building

EIN: 850463453 501(c)(3) Education

Albuquerque, NM

Total Revenue
$426,506
Total Expenses
$399,446
Total Assets
$1,518,720
Net Assets
$1,517,629
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NM
Principal Officer
James Folkman
Phone
5054000864
Tax Period
2025-01-01 to 2025-12-31

Foundation for Building, founded in 1999, is a small nonprofit in the Education sector that reported $427K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $399K left a modest 6% surplus.

Mission

Foundation for Building provides technical training to property owners, builders, and remodelers, and education to the general public on the attributes and value of constucting and renovating energy-efficient and green stuctures within the built-enviroment and provides broad-based support to a wide range of sustainability programs. It provides third-party certification for the performance of those structures.

Program Service Accomplishments

Program 1
Expenses: $399,446 Revenue: $203,425

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...

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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.

Program 2
Revenue: $22,612

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $226,037
Investment Income $284,465
Other Revenue $-83,996
TOTAL REVENUE $426,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,993
Fundraising Expenses $0
Program Expenses $399,446
Other Expenses $363,453
TOTAL EXPENSES $399,446

Year-over-Year Comparison

2025 2024 Change
Revenue $426,506 $460,878 -0.1%
Expenses $399,446 $262,979 +0.5%
Net Income $27,060 $197,899 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$50,216
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Folkman PresidentExec Director 25.00
Officer
$35,993 $0 $35,993
Steve Hale Treasurer 25.00
Officer
$14,223 $0 $14,223
Lora Vassar Secretary 1.00
Officer
$0 $0 $0
Robin Ribble-Harder Vice President 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $426,506 $399,446 $1,518,720 $27,060
2024 $460,878 $262,979 $1,494,407 $197,899
2023 $367,375 $243,529 $1,331,688 $123,846
2022 $232,463 $221,075 $1,173,150 $11,388
2021 $357,937 $239,350 $1,158,129 $118,587
2020 $414,615 $229,692 $1,041,109 $184,923
2019 $365,832 $148,348 $856,424 $217,484
2018 $257,836 $159,461 $636,442 $98,375
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