Adelante Now Foundation

Private foundation · Grantmaker Albuquerque, NM EIN: 85-0480126

Adelante Now Foundation is a private foundation focused on Education, based in Albuquerque, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12K in total assets.

Key facts about Adelante Now Foundation

EIN
85-0480126
Latest 990 filing
Form 990-PF, 2025
Total assets
$11,875

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$12K

-14.7% YoY

Revenue

$23K

+478.7% YoY

Net Investment Income

—

-100.0% YoY

Expenses

$25K

+1190.6% YoY

Under IRS private-foundation payout rules, Adelante Now Foundation reported a distributable amount of $237 for 2025 — the minimum it must pay out in qualifying distributions.

How Adelante Now Foundation gives

  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

States

Cities

Deming

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grants20190 grants20200 grants20210 grants20220 grants20230 grants20240 grants2025

In 2019 it made 1 grant totaling $10K.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019202020212022202320242025
Metric202520242023
Total Assets$11,875$13,915$11,866
Revenue$23,152$4,001$13,502
Expenses$25,192$1,952$4,065
Qualifying Distributions———
Net Investment Income—$1$2
Distributable Amount$237$487$373

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 7, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 7, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Adelante Now Foundation is led by Ryan Cangiolosi, President & Director since 2024 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ryan Cangiolosi

    President & Director

    Treasurer & Director → President & Director, 2024

    On filings since 2019

    No compensation reported

  • Harvey Yates III

    Director

    President & Director → Director, 2024

    On filings since 2019

    No compensation reported

  • Scott Chandler

    Vice President & Director

    Director → Vice President & Director, 2024

    On filings since 2019

    No compensation reported

  • Tom Wright

    Director

    On filings since 2019

    No compensation reported

  • Doug Turner

    Director

    On filings since 2023

    No compensation reported

  • Francisco Romero

    Secretary & Treasurer

    On filings since 2024

    No compensation reported

Former officers (12)
  • Former: Barrett E. Yates-Mack (2019–2023) — Secretary & Director
  • Former: Carlos Salazar (2019–2023) — Director
  • Former: Garth Simms (2019–2023) — Director
  • Former: Peyton Yates (2019–2023) — Director
  • Former: Phil Archuletta (2019–2023) — Director
  • Former: Tim Jennings (2019–2023) — Director
  • Former: Jose Garcia (2023) — Director
  • Former: Michael Kakuska (2019–2022) — Director
  • Former: Nina Gonzales (2019–2022) — Director
  • Former: Robert Davey (2019–2022) — Director
  • Former: Drjose Garcia (2020–2021) — Director
  • Former: Mike Mechenbier (2020–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Adelante Now Foundation

How large is Adelante Now Foundation?

Adelante Now Foundation reported $12K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $23K.

What is Adelante Now Foundation?

Adelante Now Foundation is a private foundation focused on Education, based in Albuquerque, NM. It holds $12K in total assets as of 2025.

Where does Adelante Now Foundation operate?

Adelante Now Foundation has awarded grants in New Mexico.

How much is Adelante Now Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Adelante Now Foundation reported a distributable amount of $237 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Adelante Now Foundation's EIN?

Adelante Now Foundation's EIN (Employer Identification Number) is 85-0480126. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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