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Nonprofit · EIN 20-8875029

FOUNDATION OF CARLO INC

Tax-exempt · ALBUQUERQUE, NM 87125

Financials

$312K$100K2023$113K$111K2024$139K$118K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION OF CARLO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$138,606$117,754$20,852$2,064,499$0$2,064,499
December 31, 2024990-PF$112,924$111,422$1,502$2,043,647$0$2,043,647
December 31, 2023990-PF$311,892$100,000$211,892$2,042,145$0$2,042,145
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$36,915
Net gain from sales of assets
$101,691

Expenses

Grants and similar amounts paid
$114,998
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$114,948
Excise tax on investment income
$1,927

Balance sheet and other

Total assets, start of year
$2,043,647
Total assets, end of year
$2,064,499
Total liabilities, end of year
$0
Net assets, end of year
$2,064,499
Fair market value of assets
$2,395,237
Qualifying distributions
$114,948
Net investment income
$138,606

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
VICTOR J BACHECHI
PO BOX 25966, ALBUQUERQUE, NM 87125
PRESIDENT1$0
ROBERTO FIORVENTO
2975 MATHERS AVENUE, WEST VANCOUVER, WEST VANCOUVER V7V237, CA
VICE PRESIDENT1$0
KARL W GUSTAFSON
7020 PROSPECT PLACE NE, ALBUQUERQUE, NM 87110
SECRETARY/TREASURER1$0
MOLLY O BACHECHO
PO BOX 25966, ALBUQUERQUE, NM 87125
DIRECTOR1$0
MELISSA FIORVENTO
2975 MATHERS AVENUE, WEST VANCOUVER, WEST VANCOUVER V7V237, CA
DIRECTOR1$0
CHARLES BACHECHI
PO BOX 25966, ALBUQUERQUE, NM 87125
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
VICTOR J BACHECHI
PO BOX 25966, ALBUQUERQUE, NM 87125
DIRECTOR, PRESIDENT1$0
ROBERTO FIORVENTO
2975 MATHERS AVENUE, WEST VANCOUVER, WEST VANCOUVER V7V237, CA
DIRECTOR, VICE PRESIDENT1$0
KARL W GUSTAFSON
7020 PROSPECT PLACE NE, ALBUQUERQUE, NM 87110
DIRECTOR, SECRETARY/TREASU1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
VICTOR J BACHECHI
PO BOX 25966, ALBUQUERQUE, NM 87125
DIRECTOR, PRESIDENT1$0
ROBERTO FIORVENTO
2975 MATHERS AVENUE, WEST VANCOUVER, WEST VANCOUVER V7V237, CA
DIRECTOR, VICE PRESIDENT1$0
KARL W GUSTAFSON
7020 PROSPECT PLACE NE, ALBUQUERQUE, NM 87110
DIRECTOR, SECRETARY/TREASU1$0

Address and contacts

Address (IRS master file)
PO BOX 25966, ALBUQUERQUE, NM 87125-0966
In care of
% CARLO INC
Signed the 990-PF
VICTOR J BACHECHI, PRESIDENT
Phone
(505) 268-2500
Return prepared by
CAPSTONE ACCOUNTING & TAX

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-8875029
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,064,499
Income (IRS master file)
$138,606

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$138,606$117,754$2,064,499XML
990-PFDecember 2024$112,924$111,422$2,043,647IRS
990-PFDecember 2023$311,892$100,000$2,042,145XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 20-8875029).

Questions about FOUNDATION OF CARLO INC

What is the EIN of FOUNDATION OF CARLO INC?
The employer identification number (EIN) of FOUNDATION OF CARLO INC is 20-8875029.
Is FOUNDATION OF CARLO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to FOUNDATION OF CARLO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOUNDATION OF CARLO INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FOUNDATION OF CARLO INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION OF CARLO INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of FOUNDATION OF CARLO INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does FOUNDATION OF CARLO INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $138,606, expenses of $117,754 and total assets of $2,064,499 at year end.

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