Civic Intelligence

Aarq Trust

990 • Fiscal year 2022 • EIN 51-6518581

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

Organization ProfileWWW.AARQ.NET
2001 L Street NW 1000Washington, DC 20036-4910

(202) 987-2972

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

98th percentile

64%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$4,000

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

94th percentile

61%

Faster asset growth than 94% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

76%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,776,555

Up $671,776 (+61%) from 2021

Net Assets

Up

$1,763,314

Up $681,018 (+63%) from 2021

Liabilities

Down

$13,241

Down $9,242 (-41%) from 2021

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin98th percentile

Revenue

Up

$1,070,174

Up $463,196 (+76%) from 2021

Expenses

Down

$389,156

Down $31,478 (-7.5%) from 2021

Net Income

Up

$681,018

Up $494,674 (+265%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,423,812Liabilities 2011: $2,423,812Net Assets 2011: $1,000,0002011Assets 2012: $2,403,811Liabilities 2012: $1,403,811Net Assets 2012: $1,000,0002012Assets 2013: $2,183,679Liabilities 2013: $1,183,679Net Assets 2013: $1,000,0002013Assets 2014: $1,769,685Liabilities 2014: $769,685Net Assets 2014: $1,000,0002014Assets 2015: $1,730,656Liabilities 2015: $730,656Net Assets 2015: $1,000,0002015Assets 2016: $1,767,913Liabilities 2016: $767,913Net Assets 2016: $1,000,0002016Assets 2017: $2,177,243Liabilities 2017: $1,177,243Net Assets 2017: $1,000,0002017Assets 2018: $2,383,792Liabilities 2018: $1,383,792Net Assets 2018: $1,000,0002018Assets 2019: $1,290,368Liabilities 2019: $290,368Net Assets 2019: $1,000,0002019Assets 2020: $984,196Liabilities 2020: $88,244Net Assets 2020: $895,9522020Assets 2021: $1,104,779Liabilities 2021: $22,483Net Assets 2021: $1,082,2962021Assets 2022: $1,776,555Liabilities 2022: $13,241Net Assets 2022: $1,763,3142022Assets 2023: $2,315,488Liabilities 2023: $1,065,488Net Assets 2023: $1,250,0002023Assets 2024: $1,437,333Liabilities 2024: $187,333Net Assets 2024: $1,250,0002024

Highlighted filing

2022

Assets$1,776,555
Liabilities$13,241
Net Assets$1,763,314
Open 2022 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,718,3212011Revenue 2012: $1,631,807Expenses 2012: $1,631,807Net Income 2012: $02012Revenue 2013: $1,399,075Expenses 2013: $1,399,075Net Income 2013: $02013Revenue 2014: $967,944Expenses 2014: $967,944Net Income 2014: $02014Revenue 2015: $975,992Expenses 2015: $975,992Net Income 2015: $02015Revenue 2016: $977,765Expenses 2016: $977,765Net Income 2016: $02016Revenue 2017: $1,471,524Expenses 2017: $1,471,524Net Income 2017: $02017Revenue 2018: $1,772,326Expenses 2018: $1,772,326Net Income 2018: $02018Revenue 2019: $570,062Expenses 2019: $570,062Net Income 2019: $02019Revenue 2020: $274,954Expenses 2020: $379,002Net Income 2020: -$104,0482020Revenue 2021: $606,978Expenses 2021: $420,634Net Income 2021: $186,3442021Revenue 2022: $1,070,174Expenses 2022: $389,156Net Income 2022: $681,0182022Revenue 2023: $1,250,451Expenses 2023: $1,763,765Net Income 2023: -$513,3142023Revenue 2024: $795,795Expenses 2024: $795,795Net Income 2024: $02024

Highlighted filing

2022

Revenue$1,070,174
Expenses$389,156
Net Income$681,018
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$1,070,174
Mission and Program Overview

Mission

Collect, hold, manage, invest and distribute any proceeds received from managing on an open tender basis the tariff-rate quota for milled rice granted by the european union to the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,104,769$1,770,834▲ $666,065
Total Assets$1,104,779$1,776,555▲ $671,776
Other Assets Total$10$5,721▲ $5,711
Liabilities
Accounts Payable and Accrued Expenses$22,483$13,241▼ $9,242
Total Liabilities$22,483$13,241▼ $9,242
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,082,296$1,763,314▲ $681,018
Total Net Assets Fund Balance$1,082,296$1,763,314▲ $681,018
Total Liabilities and Net Assets / Fund Balance$1,104,779$1,776,555▲ $671,776
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleBaseTotal
-Trustee$4,000$4,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Trq Services LLCAdministrator2001 L STREET NW SUITE 500, Washington, DC 20036$201,912
Baker & Hostetler LLPLegal Counsel1050 CONNECTICUT AVE SUITE 1100, Washington, DC 20036$165,873
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,046,168
Investment Income
$24,006
Other Revenue
$0
Change in Net Assets
$681,018

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,070,174
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,070,174
Total Revenue per Form 990
$1,070,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,156
Salaries, Compensation, and Employee Benefits$4,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$201,912
Fees for Services Legal---$165,873
Fees for Services Accounting---$7,500
Other Expenses---$7,288
Current Officers, Directors, Trustees, and Key Employees---$4,000
Insurance---$2,583
Total Functional Expenses$0$0$0$389,156

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$389,156
Total Expenses per Audited Statements$389,156
Total Expenses per Form 990$389,156
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“The trustee is the sole party authorized to act on behalf of the trust, but the trustee's actions are governed by the trust agreement (dated march 1, 1998) which provides that the trustee must obtain the approval of aarq, inc. For certain actions. The trustee may make disbursements of the trust's funds as directed by the board of directors of aarq, inc. Acting through its chairman, or as directed by the trq administrator in accordance with the operating agreement. The trustee also has the authority and the duty to invest the bid proceeds as permitted under the trust agreement.”

Form 990, Part VI, Section A, Line 8A

“As the trustee is the sole member of the governing body of the trust, there are no meetings held by the governing body. Thus, minutes are not documented.”

Form 990, Part VI, Section A, Line 8B

“As the trustee is the sole member of the governing body of the trust, there are no meetings held by the governing body. Thus, minutes are not documented.”

Form 990, Part VI, Section B, Line 11B

“The 990 is prepared by the cpa firm. Prior to filing, the 990 is provided to (a) the aarq administrator, (b) the aarq trustee, and (c) aarq counsel. The administrator performs a detailed review, and any questions and concerns are discussed with the cpa firm and the chairman and other board members of aarq, inc as necessary. The form 990 as filed is provided to aarq, inc. At the next board meeting.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

FORM 990, PART VI, LINE 9 AND PART VII, SECTION A ADDRESS FOR TRUSTEE:

“Bny mellon trust of delaware 301 bellevue parkway, 3rd floor wilmington, de 19809”

Filing and Contact Details

Filer

Filer Name
Aarq Trust
EIN
51-6518581
Phone
2029872972
Address
2001 L STREET NW 1000, WASHINGTON, DC 20036-4910

Signing Officer

Name
Bny Mellon Trust of Delaware
Title
Trustee
Phone
2029872972
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bny Mellon Trust Delaware
Formed
1998
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Subrina Wood CPA
Phone
2023319880
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“As directed by the board of directors of aarq, inc. The aarq administrator assumes responsibility for oversight of the audit of the aarq trust's financial statements. The aarq, inc. Board of directors approves the selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The trust follows the authoritative guidance relating to accounting for uncertainty in income taxes included in accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The trust performed an evaluation of uncertain tax positions for the years ended december 31, 2022 and 2021 and determined that there were no additional matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status.”

Raw XML Appendix304 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022483
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013241
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COLLECT, HOLD, MANAGE, INVEST AND DISTRIBUTE ANY PROCEEDS RECEIVED FROM MANAGING ON AN OPEN TENDER BASIS THE TARIFF-RATE QUOTA FOR MILLED RICE GRANTED BY THE EUROPEAN UNION TO THE UNITED STATES.
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0AARQ ADMINISTRATOR CO TRQ SERVICES
IRS990/BooksInCareOfDetail/PhoneNum02029872972
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02001 L STREET NW SUITE 500 50122
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
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IRS990/CollectionsOfArtInd00
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IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0201912
IRS990/ContractorCompensationGrp/CompensationAmt1165873
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02001 L STREET NW SUITE 500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11050 CONNECTICUT AVE SUITE 1100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BAKER & HOSTETLER LLP
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATOR
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL COUNSEL
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/CYInvestmentIncomeAmt024006
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IRS990/CYSalariesCompEmpBnftPaidAmt04000
IRS990/CYTotalExpensesAmt0389156
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01070174
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0COLLECT, HOLD, MANAGE, INVEST AND DISTRIBUTE ANY PROCEEDS RECEIVED FROM MANAGING ON AN OPEN TENDER BASIS THE TARIFF-RATE QUOTA FOR MILLED RICE GRANTED BY THE EUROPEAN UNION TO THE UNITED STATES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesLegalGrp/TotalAmt0165873
IRS990/FeesForServicesManagementGrp/TotalAmt0201912
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0BNY MELLON TRUST OF DELAWARE
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01070174
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024006
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0COLLECT, HOLD, MANAGE, INVEST AND DISTRIBUTE ANY PROCEEDS RECEIVED FROM MANAGING ON AN OPEN TENDER BASIS THE TARIFF-RATE QUOTA FOR MILLED RICE GRANTED BY THE EUROPEAN UNION TO THE UNITED STATES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01082296
IRS990/NetAssetsOrFundBalancesEOYAmt01763314
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01082296
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01763314
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt05721
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/TotalAmt07288
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/PYTotalExpensesAmt0420634
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IRS990/RelatedEntityInd01
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TRUST PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021 AND DETERMINED THAT THERE WERE NO ADDITIONAL MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0389156
IRS990ScheduleD/TotalRevenuePerForm990Amt01070174
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01070174
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0389156
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE IS THE SOLE PARTY AUTHORIZED TO ACT ON BEHALF OF THE TRUST, BUT THE TRUSTEE'S ACTIONS ARE GOVERNED BY THE TRUST AGREEMENT (DATED MARCH 1, 1998) WHICH PROVIDES THAT THE TRUSTEE MUST OBTAIN THE APPROVAL OF AARQ, INC. FOR CERTAIN ACTIONS. THE TRUSTEE MAY MAKE DISBURSEMENTS OF THE TRUST'S FUNDS AS DIRECTED BY THE BOARD OF DIRECTORS OF AARQ, INC. ACTING THROUGH ITS CHAIRMAN, OR AS DIRECTED BY THE TRQ ADMINISTRATOR IN ACCORDANCE WITH THE OPERATING AGREEMENT. THE TRUSTEE ALSO HAS THE AUTHORITY AND THE DUTY TO INVEST THE BID PROCEEDS AS PERMITTED UNDER THE TRUST AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS THE TRUSTEE IS THE SOLE MEMBER OF THE GOVERNING BODY OF THE TRUST, THERE ARE NO MEETINGS HELD BY THE GOVERNING BODY. THUS, MINUTES ARE NOT DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS THE TRUSTEE IS THE SOLE MEMBER OF THE GOVERNING BODY OF THE TRUST, THERE ARE NO MEETINGS HELD BY THE GOVERNING BODY. THUS, MINUTES ARE NOT DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PREPARED BY THE CPA FIRM. PRIOR TO FILING, THE 990 IS PROVIDED TO (A) THE AARQ ADMINISTRATOR, (B) THE AARQ TRUSTEE, AND (C) AARQ COUNSEL. THE ADMINISTRATOR PERFORMS A DETAILED REVIEW, AND ANY QUESTIONS AND CONCERNS ARE DISCUSSED WITH THE CPA FIRM AND THE CHAIRMAN AND OTHER BOARD MEMBERS OF AARQ, INC AS NECESSARY. THE FORM 990 AS FILED IS PROVIDED TO AARQ, INC. AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BNY MELLON TRUST OF DELAWARE 301 BELLEVUE PARKWAY, 3RD FLOOR WILMINGTON, DE 19809
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AS DIRECTED BY THE BOARD OF DIRECTORS OF AARQ, INC. THE AARQ ADMINISTRATOR ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE AARQ TRUST'S FINANCIAL STATEMENTS. THE AARQ, INC. BOARD OF DIRECTORS APPROVES THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, LINE 9 AND PART VII, SECTION A ADDRESS FOR TRUSTEE:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0C/O AARQ ADMIN 2001 L ST NW 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01776555
IRS990/TotalAssetsGrp/BOYAmt01104779
IRS990/TotalAssetsGrp/EOYAmt01776555
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IRS990/TotalEmployeeCnt00
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BNY MELLON TRUST OF DELAWARE
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
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ReturnHeader/PreparerPersonGrp/PhoneNum02023319880
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUBRINA WOOD CPA
ReturnHeader/ReturnTs02023-05-09T12:10:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BNY
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,776,555
Liabilities
$13,241
Net assets
$1,763,314
Revenue
$1,070,174
Expenses
$389,156
Net income
$681,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.19$1.25$0.80$0.80$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$1.07$1.25$1.25$1.76$0.51
2022Detailed filing. Detailed filing data is available for this year.$1.78$0.01$1.76$1.07$0.39$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.02$1.08$0.61$0.42$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.09$0.90$0.27$0.38$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.29$1.00$0.57$0.57$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$1.38$1.00$1.77$1.77$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$1.18$1.00$1.47$1.47$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.77$1.00$0.98$0.98$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.73$0.73$1.00$0.98$0.98$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.77$1.00$0.97$0.97$0.00
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$1.18$1.00$1.40$1.40$0.00
2012Summary only. Only limited summary data is available for this year.$2.40$1.40$1.00$1.63$1.63$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$2.42$1.00$2.72