Nonprofit · EIN 85-3667734
AEQUO FOUNDATION INC
Tax-exempt · BALTIMORE, MD 21201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$542,812 | $568,107 | -$1,110,919 | $16,623,328 | $17,353,607 | -$730,279 |
| December 31, 2023 | 990 | $402,664 | $248,812 | $153,852 | $15,605,845 | $15,248,649 | $357,196 |
| December 31, 2022 | 990 | $205,317 | $25,230 | $180,087 | $1,006,687 | $803,343 | $203,344 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $944,658
- of which government grants
- $939,658
- Program service revenue
- $0
- Investment income
- $169,234
- Net rental income
- -$1,656,704
- Net gain from sales of assets
- $66,006
- Other revenue
- -$1,656,704
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,763
- Accounting fees
- $15,170
- Occupancy
- $1,140
- Program services (functional)
- $524,781
- Management and general (functional)
- $43,326
Balance sheet and other
- Total assets, start of year
- $15,605,845
- Total assets, end of year
- $16,623,328
- Total liabilities, end of year
- $17,353,607
- Net assets, end of year
- -$730,279
- Land, buildings and equipment
- $11,396,450
- Publicly traded securities
- $2,093,605
- Net assets without donor restrictions
- -$730,279
- Gross unrelated business income
- -$1,656,704
- Gross receipts
- $4,710,684
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2020
- State of legal domicile
- MD
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 |
|---|---|---|---|
| ERNST VALERY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JILL DUN | SECRETARY Trustee or director, Officer | 5 | $0 |
| CAREN LICHTER | TREASURER Trustee or director, Officer | 5 | $0 |
| DAVID ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| JALAL GREEN | DIRECTOR Trustee or director | 1 | $0 |
| ANNE NELSON | DIRECTOR Trustee or director | 1 | $0 |
| TREVOR PARHAM | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT PIPIK | DIRECTOR Trustee or director | 1 | $0 |
| ALEKSANDR SUURNA | DIRECTOR Trustee or director | 1 | $0 |
| DANA VALERY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNST VALERY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JILL DUN | SECRETARY Trustee or director, Officer | 5 | $0 |
| CAREN LICHTER | TREASURER Trustee or director, Officer | 5 | $0 |
| DAVID ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| JALAL GREEN | DIRECTOR Trustee or director | 1 | $0 |
| ANNE NELSON | DIRECTOR Trustee or director | 1 | $0 |
| TREVOR PARHAM | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT PIPIK | DIRECTOR Trustee or director | 1 | $0 |
| ALEKSANDR SUURNA | DIRECTOR Trustee or director | 1 | $0 |
| DANA VALERY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNST VALERY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JILL DUN | SECRETARY Trustee or director, Officer | 5 | $0 |
| CAREN LICHTER | TREASURER Trustee or director, Officer | 5 | $0 |
| DAVID ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| JALAL GREEN | DIRECTOR Trustee or director | 1 | $0 |
| ANNE NELSON | DIRECTOR Trustee or director | 1 | $0 |
| TREVOR PARHAM | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT PIPIK | DIRECTOR Trustee or director | 1 | $0 |
| ALEKSANDR SUURNA | DIRECTOR Trustee or director | 1 | $0 |
| DANA VALERY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1707 N CHARLES ST, BALTIMORE, MD 21201-5801
- In care of
- % ERNST VALERY
- Mailing address (990-N for 2021)
- 1707 North Charles St 200A, Baltimore MD 21201
- Principal officer (990 for 2024)
- ERNST VALERY, 1707 NORTH CHARLES STREET, BALTIMORE, MD 21201
- Principal officer (990-N for 2021)
- Ernst Valery, 1707 North Charles St 200A, Baltimore MD 21201
- Signed the 990
- ERNST VALERY, PRESIDENT
- Phone
- (410) 962-5460
- Website
- WWW.AEQUOFOUNDATION.ORG
- Return prepared by
- LUMSDEN & MCCORMICK LLP
Mission
TO SUPPORT EMERGING REAL-ESTATE DEVELOPERS OF NON-TRADITIONAL BACKGROUNDS (SUCH AS MINORITIES, WOMEN AND IMMIGRANTS) WHO SEEK TO ADVANCE IN THE REAL ESTATE FIELD
Program accomplishments
- TO SUPPORT EMERGING REAL-ESTATE DEVELOPERS OF NON-TRADITIONAL BACKGROUNDS (SUCH AS MINORITIES, WOMEN AND IMMIGRANTS) WHO SEEK TO ADVANCE IN THE REAL ESTATE FIELDExpenses $524,781 · revenue $192,679
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
- 85-3667734
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $16,623,328
- Income (IRS master file)
- $4,710,684
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$542,812 | $568,107 | $16,623,328 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $402,664 | $248,812 | $15,605,845 | XML |
| 990 | December 2022 | $205,317 | $25,230 | $1,006,687 | XML |
| 990-N for 2021 Officer: Ernst Valery | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Ernst Valery | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-3667734).
Questions about AEQUO FOUNDATION INC
- What is the EIN of AEQUO FOUNDATION INC?
- The employer identification number (EIN) of AEQUO FOUNDATION INC is 85-3667734.
- Is AEQUO FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to AEQUO FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AEQUO FOUNDATION INC 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 AEQUO FOUNDATION INC 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 AEQUO FOUNDATION INC 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 AEQUO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ERNST VALERY.
- Who are the officers and directors of AEQUO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does AEQUO FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$542,812, expenses of $568,107 and total assets of $16,623,328 at year end.
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