Nonprofit · EIN 85-0895407
FRIENDS OF AAS FOUNDATION
Tax-exempt · BETHESDA, MD 20814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,128,890 | $188,217 | $940,673 | $29,858,327 | $0 | $29,858,327 |
| December 31, 2023 | 990 | -$261,982 | $10,125,657 | -$10,387,639 | $26,739,476 | $0 | $26,739,476 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,128,890
- Net gain from sales of assets
- $188,558
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $42,230
- Program services (functional)
- $50,000
- Management and general (functional)
- $138,217
Balance sheet and other
- Total assets, start of year
- $26,739,476
- Total assets, end of year
- $29,858,327
- Total liabilities, end of year
- $0
- Net assets, end of year
- $29,858,327
- Publicly traded securities
- $29,375,495
- Net assets without donor restrictions
- $29,858,327
- Gross receipts
- $3,961,452
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- DE
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES COLLINS | CHAIR Trustee or director, Officer | 1 | $0 |
| LEIGH SARTY | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT LANGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHELLE BOND | DIRECTOR Trustee or director | 1 | $0 |
| ELLEN STERN | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES BARDER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES COLLINS | CHAIR Trustee or director, Officer | 1 | $0 |
| LEIGH SARTY | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT LANGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHELLE BOND | DIRECTOR Trustee or director | 1 | $0 |
| ELLEN STERN | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES BARDER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4550 MONTGOMERY AVE 800, BETHESDA, MD 20814-3304
- In care of
- % RICHARD LOCASTRO
- Principal officer (990 for 2024)
- JAMES COLLINS, 4550 MONTGOMERY AVE 800, BETHESDA, MD 20814
- Signed the 990
- ROBERT LANGER, SECRETARY
- Phone
- (212) 888-3033
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
FRIENDS OF AASM FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE FRIENDS OF THE ANGLO-AMERICAN SCHOOL OF MOSCOW, INC. (FAASM), (SEE SCHEDULE O) AND THE DIPLOMATIC SCHOOL ANGLO AMERICAN SCHOOL OF MOSCOW (DIPLOMATIC SCHOOL AAS) CHARTERED BY THE EMBASSIES OF THE UNITED STATES, UNITED KINGDOM AND CANADA IN 1949, & THE NON-COMMERCIAL ORGANIZATION ANGLO AMERICAN SCHOOL OF MOSCOW (AAS NCO), (COLLECTIVELY, THE SUPPORTED ORGANIZATIONS).
Program accomplishments
- FRIENDS OF AAS FOUNDATION WILL RECEIVE, INVEST, AND MANAGE FUNDS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATIONS AND MAKE DISTRIBUTIONS AND GRANTS IN SUPPORT OF THE SUPPORTED ORGANIZATIONS.Expenses $50,000 · grants $50,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0895407
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $29,858,327
- Income (IRS master file)
- $3,961,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,128,890 | $188,217 | $29,858,327 | XML |
| 990 | December 2023 | -$261,982 | $10,125,657 | $26,739,476 | XML |
| 990 | December 2022 | $733,113 | $9,361,561 | $32,354,330 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-0895407).
Questions about FRIENDS OF AAS FOUNDATION
- What is the EIN of FRIENDS OF AAS FOUNDATION?
- The employer identification number (EIN) of FRIENDS OF AAS FOUNDATION is 85-0895407.
- Is FRIENDS OF AAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to FRIENDS OF AAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does FRIENDS OF AAS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRIENDS OF AAS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF AAS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FRIENDS OF AAS FOUNDATION?
- The 990 for the year ended December 31, 2024 names JAMES COLLINS.
- Who are the officers and directors of FRIENDS OF AAS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF AAS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,128,890, expenses of $188,217 and total assets of $29,858,327 at year end.
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