NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC (EIN 52-1665967)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202513189349309946
Schema version
2024v5.2
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)
Return2025-11-14T13:51:33-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471767422PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TKR ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11911 N FORT MYER DRIVE SUITE 600AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22209ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521665967EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL FOUNDATION FOR AFFORDABLEBusinessNameLine1Txt
Business Name Line2HOUSING SOLUTIONS INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone3019980400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE SUITE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTODD TRAVISPersonNm
Person TitleMANAGING MEMBERPersonTitleTxt
Phone3019980400PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW ABERNETHYPreparerPersonNm
PTINP10527388PTIN
Phone7032489200PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION HOUSINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerTODD TRAVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,352,404GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://FOUNDATIONHOUSING.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$39,815,929PYProgramServiceRevenueAmt
CY Program Service Revenue$8,352,404CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$39,815,929PYTotalRevenueAmt
CY Total Revenue$8,352,404CYTotalRevenueAmt
PY Grants And Similar Paid$368,060PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$283,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,415,706PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,151,498CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,836,177PYOtherExpensesAmt
CY Other Expenses$2,251,155CYOtherExpensesAmt
PY Total Expenses$11,619,943PYTotalExpensesAmt
CY Total Expenses$5,685,653CYTotalExpensesAmt
PY Revenues Less Expenses$28,195,986PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,666,751CYRevenuesLessExpensesAmt
Total Assets BOY$272,168,973TotalAssetsBOYAmt
Total Assets EOY$274,835,724TotalAssetsEOYAmt
Total Liabilities BOY$3,042,213TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,042,213TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$269,126,760NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$271,793,511NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,245,696ExpenseAmt
Grant$283,000GrantAmt
Revenue$5,803,712RevenueAmt
DescTHE EO RESEARCHES VARIOUS APPROACHES TO PRESERVE OUR NATION'S SUPPLY OF ADEQUATE AFFORDABLE HOUSING. IT SPEAKS AND DEALS WITH INDUSTRY LEADERS, CREATES FINANCIAL MODELS AND PREPARES VARIOUS POSITION REMARKS. IT ALSO FACILITATES NON-PROFIT OWNERSHIP OF AFFORDABLE HOUSING. IN ADDITION, IT CREATES 509(A)(3) ORGANIZATIONS THAT ACQUIRE AFFORDABLE LOW-INCOME HOUSING.Desc
Total Program Service Expenses$5,245,696TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TODD TRAVISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3019980401PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE SUITE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
GREGORY O'DELL
DIRECTOR1.00Yes (X)$31,500$0$0
BERNARD BEAL
DIRECTOR1.00Yes (X)$31,500$0$0
MARK WELLER
DIRECTOR1.00Yes (X)$28,000$0$0
JASON GOLDBLATT
CEO AND CHAIRMAN40.00Yes (X)$426,350$0$0Yes (X)
JON SHIFFMAN
DIRECTOR1.00Yes (X)$28,000$0$0
BENJAMIN M SOTO
DIRECTOR1.00Yes (X)$31,500$0$0
CANDACE HERRING
DIRECTOR1.00Yes (X)$28,000$0$0
GILEAD MORSE
DIRECTOR1.00Yes (X)$31,500$0$0
TODD TRAVIS
PRESIDENT AND COO40.00$387,350$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,023,700TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FEDERAL REALTY INVESTMENT TRUST
PO BOX 8500 LOCKBOX 9320PHILADELPHIAPA191789320OFFICE SPACE LEASE$639,696
CAREFIRST BLUECROSS BLUESHIELD
1501 S CLINTON STREETBALTIMOREMD21224HEALTHCARE$325,162
KING & SPAULDING
1700 PENNSYLVANIA AVENUE NW SUITEWASHINGTONDC20006LEGAL SERVICES$295,748
NTIVA INC
7900 WESTPARK DRIVE SUITE A100MCLEANVA22102TECH SUPPORT$186,994
TKR ADVISORS LLC
1110 NORTH GLEBE ROAD SUITE 650ARLINGTONVA22201ACCOUNTING AND TAX$173,452
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST NOTE RECEIVAB531390$5,069,620$5,069,620
SUPPORTING ORGAN FEE I531390$2,474,260$2,474,260
OTHER REVENUE531390$808,524$808,524
FieldValueIRS element (for citing)
Total Program Service Revenue$8,352,404TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,352,404TotalRevenueColumnAmt
Related Or Exempt Func Income$8,352,404RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$283,000TotalAmt
Program Services$283,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,965,864TotalAmt
Program Services$1,965,864ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,077,171TotalAmt
Program Services$1,077,171ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$108,463TotalAmt
Program Services$108,463ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$317,752TotalAmt
Management And General$317,752ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$111,911TotalAmt
Management And General$111,911ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$353,829TotalAmt
Program Services$353,829ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$689,695TotalAmt
Program Services$689,695ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,294TotalAmt
Management And General$10,294ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$123,662TotalAmt
Program Services$123,662ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$149,178TotalAmt
Program Services$149,178ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONSULTING$328,554$328,554
OTHER EXPENSES$121,021$121,021
NON-REIMBURSABLE COSTS$45,259$45,259

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,685,653TotalAmt
Program Services$5,245,696ProgramServicesAmt
Management And General$439,957ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$55,951,047BOYAmt
EOY$17,611,901EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,916,979BOYAmt
EOY$40,423,837EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$43,496,447BOYAmt
EOY$62,746,447EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,916,107LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,601,532LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$438,237BOYAmt
EOY$314,575EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$130,597,690BOYAmt
EOY$138,970,391EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,768,573BOYAmt
EOY$14,768,573EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$272,168,973BOYAmt
EOY$274,835,724EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,627,028BOYAmt
EOY$2,627,028EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$415,185BOYAmt
EOY$415,185EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,042,213BOYAmt
EOY$3,042,213EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$269,126,760BOYAmt
EOY$271,793,511EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$269,126,760BOYAmt
EOY$271,793,511EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$272,168,973BOYAmt
EOY$274,835,724EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,666,751ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
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$9,259,850CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$43,758,497CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,383,257CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,383,257CurrentTaxYearMinus1YearAmt
Current Tax Year$2,474,260CurrentTaxYearAmt
Total$120,259,121TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,250,647CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,067,635CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,013,584CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,432,672CurrentTaxYearMinus1YearAmt
Current Tax Year$5,803,712CurrentTaxYearAmt
Total$61,568,250TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,510,497CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48,826,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$71,396,841CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,815,929CurrentTaxYearMinus1YearAmt
Current Tax Year$8,277,972CurrentTaxYearAmt
Total$181,827,371TotalAmt

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$181,827,371PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,893CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,014CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$74,432CurrentTaxYearAmt
Total$109,339TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,893CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,014CurrentTaxYearMinus3YearsAmt
Current Tax Year$74,432CurrentTaxYearAmt
Total$109,339TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,533,390CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48,838,146CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$71,396,841CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,815,929CurrentTaxYearMinus1YearAmt
Current Tax Year$8,352,404CurrentTaxYearAmt
Total$181,936,710TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99940PublicSupportCY509Pct
Public Support PY5090.99940PublicSupportPY509Pct
Investment Income CY0.00060InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,664,346OtherCostOrOtherBasisAmt
Depreciation$1,349,771DepreciationAmt
Book Value$314,575BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$251,761OtherCostOrOtherBasisAmt
Depreciation$251,761DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$314,575TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENTSDesc
Book Value$138,970,391BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$138,970,391TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ACQUISITION FEE (NET OF AMORTIZATION)$17,120
DEPOSITS$334,591
INTEREST RECEIVABLE$14,416,862
FieldValueIRS element (for citing)
Total Book Value Other Assets$14,768,573TotalBookValueOtherAssetsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFIN 48 DISCLOSURE:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE TAX YEAR ENDED DECEMBER 31, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS NOT SUBJECT TO INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. NONE OF THE SUBSIDIARY ENTITIES HAD UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUCT BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (23 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ABYSSINIAN FUND INC
1825 PARK AVENEW YORKNY10035270736516501(C)(3)$5,000$0TO REDUCE POVERTY IN ETHIOPIA
ATLANTA HUMANE SOCIETY
1551 PERRY BLVD NWATLANTAGA30318580685900501(C)(3)$6,000$0TO HELP HOMELESS ANIMALS FIND LOVING HOMES, OFFERING MEDICAL CARE TO THOSE IN PAIN, AND SUPPORTING OUTREACH PROGRAMS
BENDER JCC OF GREATER WASHINGTON
6125 MONTROSE RDROCKVILLEMD20852530205921501(C)(3)$5,000$0TO CULTIVATE COMMUNITIES AND CELEBRATE JEWISH LIFE AND VALUES
BPS FOUNDATION
1120 NORTH TOWN CENTER SUITE 160LAS VEGASNV89144882260784501(C)(3)$25,000$0TO SUPPORT HEATH AND ATHLETICS FOCUSED PUBLIC CHARITIES
BULLIS SCHOOL
10601 FALLS RDPOTOMACMD20854520635080501(C)(3)$5,000$0EDUCATION
CASEY CARES DONATION
7100 COLUMBIA GATEWAY DR SUITE 155COLUMBIAMD21046522259802501(C)(3)$35,000$0INVEST IN PROGRAMS AND SERVICES THAT CREATE A STRONG FOUNDATION FOR CHILDREN TO THRIVE LONG-TERM.
CAVES VALLEY GOLF CLUB FOUNDATION
2910 BLENDON RDOWINGS MILLSMD21117521900251501(C)(3)$10,000$0TO IMPROVE THE LIVES OF YOUNG PEOPLETHROUGH EXPOSURE TO GOLFS CUSTOMS, TRADITIONS, AND RULES OF FAIR PLAY.
CHARLOTTE HORNETS FOUNDATION INC
333 E TRADE STCHARLOTTENC28202200946449501(C)(3)$5,000$0COMMUNITY SUPPORT
DC PUBLIC EDUCATION FUND
3407 14TH ST NWWASHINGTONDC20010261607955501(C)(3)$10,000$0EDUCATION
DUKE UNIVERSITY
324 BLCKWLL ST WASH BLDG STE 850DURHAMNC27701571211099501(C)(3)$10,000$0EDUCATION
GIFT OF LIFE MARROW REGISTRY
5901 BROKEN SOUND PKWY NW SUITE 600BOCA RATONFL33487223131232501(C)(3)$25,000$0TO CURE BLOOD CANCER THROUGH CELLULAR THERAPY.
LET'S WIN PANCREATIC CANCER FOUNDATION
422 EAST 72ND STREET SUITE 9DNEW YORKNY10021824411042501(C)(3)$25,000$0LET'S WIN! PANCREATIC CANCER FOUNDATION
MAIN STREET CONNECT
50 MONROE PLACEROCKVILLEMD20850815280080501(C)(3)$5,000$0TO SUPPORT DISABILITY HOUSING AND PROGRAMMING.
SANCTUARY FOR FAMILY INC
PO BOX 1406 WALL STREET STATIONNEW YORKNY10268133193119501(C)(3)$10,000$0NEW YORK'S LEADING SERVICE PROVIDER AND ADVOCATE FOR SURVIVORS OF DOMESTICVIOLENCE, SEX TRAFFICKING, AND RELATED FORMS OF GENDER VIOLENCE
TEMPLE OF ISRAEL OF HOLLYWOOD
7300 HOLLYWOOD BLVDLOS ANGELESCA90046951664124501(C)(3)$5,000$0TO FOSTER CONNECTION WITH GOD, JEWISH IDENTITY, JEWISH TRADITION, AND JEWISH PEOPLEHOOD
THE BLACKBAUD GIVING FUND
65 FAIRCHILD STDANIEL ISLANDSC29492460942102501(C)(3)$6,160$0TO FREE & FAIR LITIGATION GROUP
THE MECCA SOCIETY
2400 SIXTH STREET NWWASHINGTONDC20059920685327501(C)(3)$5,000$0CHARITY
TRUSTEES OF DEERFIELD ACADEMY
PO BOX 87DEERFIELDMA01342042103563501(C)(3)$5,000$0EDUCATION
THE UCLA FOUNDATION
10920 WILSHIRE BLVD STE 900LOS ANGELESCA90024952250801501(C)(3)$10,000$0EDUCATION
WASHINGTON JESUIT ACADEMY
900 VARNUM ST NEWASHINGTONDC20017522336694501(C)(3)$25,000$0EDUCATION
WESTERN GOLF ASSOCIATION
2501 PATRIOT BOULEVARDGLENVIEWIL60026366002857501(C)(3)$32,000$0TO SUPPORT THE EVANS SCHOLARS FOUNDATION AND PROMOTE THE GAME OF GOLF.
WOFFORD COLLEGE
429 N CHURCH STSPARTANBURGSC29303570314422501(C)(3)$5,000$0EDUCATION
WOODMONT COUNTRY CLUB
266 W 37TH STREET 20TH FLOORNEW YORKNY10018883029662501(C)(3)$5,000$0TO PARTICIPATE IN LITIGATION TO SUPPORT PRINCIPLES OF DEMOCRACY AND RULE OF LAW IN AMERICA.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JASON GOLDBLATT
CEO AND CHAIRMAN$349,850$0$0$0$76,500$0$0$0$0$0$426,350$0$0$0
TODD TRAVIS
PRESIDENT AND COO$318,350$0$0$0$69,000$0$0$0$0$0$387,350$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING, FORM 990 IS VETTED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND THIRD PARTY LEGAL AND ACCOUNTING PERSONNEL. FINAL APPROVAL IS THEN GIVEN BY THE CHAIRMAN OF THE BOARD AFTER HIS REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CAN AFFIRMATIVE SIGNED STATEMENT OF NO CONFLICTS IS REQUIRED, AND WHERE APPLICABLE, A WRITTEN DISCLOSURE OF ANY KNOWN CONFLICTS IS REQUIRED. CONFLICTS ARE DISCLOSED AND BOARD MEMBERS ARE RECUSED, AS NEEDED, ON A TRANSACTIONAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE REVIEWS AND MAKES DECISIONS WITH A THIRD PARTY COMPENSATION REPORT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.