STRATEGY STUDIO / PUBLIC DATA EXPLORER

ALBACETE FORUM: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ALBACETE FORUM (EIN 82-2210883)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202231339349307353
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-13T14:23:53-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474417861PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LTA US ADVISORS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1509 MADISON AVEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822210883EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ALBACETE FORUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALBABusinessNameControlTxt
Phone2122535777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 KRAFT AVEAddressLine1Txt
CityBRONXVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10708ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOLIVETTA DANESEPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2122535777PhoneNum
Signature2022-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstOLIVETTAPersonFirstNm
Person LastDANESEPersonLastNm
FieldValueIRS element (for citing)
SSN888008888SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFILIPPO AMOROSOPreparerPersonNm
PTINP01954833PTIN
Phone6467620822PhoneNum
Preparation2022-05-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerOLIVETTA DANESEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line142 BROADWAY SUITE 12-115AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$26,219GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.ALBACETEFORUM.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,113PYContributionsGrantsAmt
CY Contributions Grants$25,505CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$76PYOtherRevenueAmt
CY Other Revenue$714CYOtherRevenueAmt
PY Total Revenue$18,189PYTotalRevenueAmt
CY Total Revenue$26,219CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,440CYTotalFundraisingExpenseAmt
PY Other Expenses$8,546PYOtherExpensesAmt
CY Other Expenses$25,758CYOtherExpensesAmt
PY Total Expenses$8,546PYTotalExpensesAmt
CY Total Expenses$25,758CYTotalExpensesAmt
PY Revenues Less Expenses$9,643PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$461CYRevenuesLessExpensesAmt
Total Assets BOY$17,565TotalAssetsBOYAmt
Total Assets EOY$18,026TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,565NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,026NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$12,879ExpenseAmt
DescTHE 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.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTHE 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.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$12,879TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OLIVETTA DANESEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122535777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line142 BROADWAY SUITE 12-115AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
STEPHEN SANCHEZ
PRESIDENT2.002.00Yes (X)$0$0$0
MAUREEN ROONEY
SECRETARY2.002.00Yes (X)$0$0$0
OLIVETTA DANESE
TREASURER10.0010.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$25,505AllOtherContributionsAmt
Total Contributions$25,505TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SALE OF PRODUCTS713990$521$521
ROYALTIES713990$193$193
FieldValueIRS element (for citing)
Other Revenue Total$714OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,219TotalRevenueColumnAmt
Related Or Exempt Func Income$714RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,284TotalAmt
Program Services$9,142ProgramServicesAmt
Management And General$4,571ManagementAndGeneralAmt
Fundraising$4,571FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,765TotalAmt
Program Services$883ProgramServicesAmt
Management And General$441ManagementAndGeneralAmt
Fundraising$441FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$644TotalAmt
Program Services$322ProgramServicesAmt
Management And General$161ManagementAndGeneralAmt
Fundraising$161FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,479TotalAmt
Program Services$739ProgramServicesAmt
Management And General$370ManagementAndGeneralAmt
Fundraising$370FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,505TotalAmt
Program Services$1,752ProgramServicesAmt
Management And General$876ManagementAndGeneralAmt
Fundraising$877FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Total$81TotalAmt
Program Services$41ProgramServicesAmt
Management And General$20ManagementAndGeneralAmt
Fundraising$20FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$25,758TotalAmt
Program Services$12,879ProgramServicesAmt
Management And General$6,439ManagementAndGeneralAmt
Fundraising$6,440FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$17,565BOYAmt
EOY$18,026EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,565BOYAmt
EOY$18,026EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,565BOYAmt
EOY$18,026EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,565BOYAmt
EOY$18,026EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,565BOYAmt
EOY$18,026EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$461ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,038CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$7,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,113CurrentTaxYearMinus1YearAmt
Current Tax Year$25,505CurrentTaxYearAmt
Total$54,864TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,038CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$7,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,113CurrentTaxYearMinus1YearAmt
Current Tax Year$25,505CurrentTaxYearAmt
Total$54,864TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$54,864PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,038CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$7,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,113CurrentTaxYearMinus1YearAmt
Current Tax Year$25,505CurrentTaxYearAmt
Total$54,864TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5090.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 WAS REVIEWED AND APPROVED BY THE GOVERNING BODY BEFORE IT WAS FILED.
FORM 990, PART VI, SECTION C, LINE 19PROVIDED WHEN REQUESTED
FORM 990, PART IX, LINE 11GMULTIMEDIA CONTEXT CREATIONS: PROGRAM SERVICE EXPENSES 9,136. MANAGEMENT AND GENERAL EXPENSES 4,568. FUNDRAISING EXPENSES 4,568. TOTAL EXPENSES 18,272. FILING FEES: PROGRAM SERVICE EXPENSES 6. MANAGEMENT AND GENERAL EXPENSES 3. FUNDRAISING EXPENSES 3. TOTAL EXPENSES 12.