Civic Intelligence

The Ward Oaks Foundation Inc

EIN 52-2252149 • 501(c)3 • Chestertown, MD

Profile

To acquire, construct, develop, operate and provide multi-family housing and all related amenities and services to benefit homeless persons,the elderly, and/or persons of moderate income. To also help the environment by promoting the use of renewable energy sources, to invest in research and development of renewable energy sources, to encourage and promote the cost effective financing and operating of renewable energy facilities in order to reduce the cost of building and operating such facilities and to reduce the cost of the energy produced by such facilities; to acquire, develop, invest in, own and operate renewable energy sources in order to demonstrate their efficiency, promote their use, and reduce reliance upon foreign energy sources, and to participate in programs designed to accomplish any of the foregoing.

104 S Cross Street 1st FloorChestertown, MD 21620

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-50%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-4.1%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

214%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$4,052,560

Down $171,442 (-4.1%) from 2023

Liabilities

Up

$2,914

Up $2,557 (+716%) from 2023

Net Assets

Down

$4,049,646

Down $173,999 (-4.1%) from 2023

Operations
Liabilities / Revenue27th percentileNet Margin7th percentile

Revenue

Up

$364,692

Up $248,719 (+214%) from 2023

Expenses

Up

$546,458

Up $47,343 (+9.5%) from 2023

Net Income

Up

-$181,766

Up $201,376 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $1,094,292Liabilities 2010: $5,000Net Assets 2010: $1,089,2922010Assets 2011: $1,057,011Liabilities 2011: $0Net Assets 2011: $1,057,0112011Assets 2012: $1,012,680Liabilities 2012: $3,485Net Assets 2012: $1,009,1952012Assets 2013: $2,248,197Liabilities 2013: $1,001,529Net Assets 2013: $1,246,6682013Assets 2014: $289,476Liabilities 2014: $832,687Net Assets 2014: -$543,2112014Assets 2015: $2,145,620Liabilities 2015: $696,723Net Assets 2015: $1,448,8972015Assets 2016: $1,032,362Liabilities 2016: $515,812Net Assets 2016: $516,5502016Assets 2017: $932,889Liabilities 2017: $438Net Assets 2017: $932,4512017Assets 2018: $1,040,121Liabilities 2018: $200,847Net Assets 2018: $839,2742018Assets 2019: $2,350,065Liabilities 2019: $12,180Net Assets 2019: $2,337,8852019Assets 2020: $5,439,081Liabilities 2020: $117,635Net Assets 2020: $5,321,4462020Assets 2021: $4,872,666Liabilities 2021: $6,660Net Assets 2021: $4,866,0062021Assets 2022: $4,633,553Liabilities 2022: $2,139Net Assets 2022: $4,631,4142022Assets 2023: $4,224,002Liabilities 2023: $357Net Assets 2023: $4,223,6452023Assets 2024: $4,052,560Liabilities 2024: $2,914Net Assets 2024: $4,049,6462024

Highlighted filing

2024

Assets$4,052,560
Liabilities$2,914
Net Assets$4,049,646
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0M$0-$5.0MExpenses 2010: $37,4902010Expenses 2011: $103,3402011Expenses 2012: $133,5352012Revenue 2013: $519,224Expenses 2013: $281,730Net Income 2013: $237,4942013Revenue 2014: -$4,441,282Expenses 2014: $368,386Net Income 2014: -$4,809,6682014Revenue 2015: $2,310,110Expenses 2015: $311,502Net Income 2015: $1,998,6082015Revenue 2016: $548,823Expenses 2016: $1,483,850Net Income 2016: -$935,0272016Revenue 2017: $122,402Expenses 2017: $221,742Net Income 2017: -$99,3402017Revenue 2018: $167,728Expenses 2018: $260,900Net Income 2018: -$93,1722018Revenue 2019: $3,213,074Expenses 2019: $1,680,793Net Income 2019: $1,532,2812019Revenue 2020: $3,540,432Expenses 2020: $550,996Net Income 2020: $2,989,4362020Revenue 2021: $104,977Expenses 2021: $564,015Net Income 2021: -$459,0382021Revenue 2022: $23,070Expenses 2022: $260,147Net Income 2022: -$237,0772022Revenue 2023: $115,973Expenses 2023: $499,115Net Income 2023: -$383,1422023Revenue 2024: $364,692Expenses 2024: $546,458Net Income 2024: -$181,7662024

Highlighted filing

2024

Revenue$364,692
Expenses$546,458
Net Income-$181,766
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,052,560
Liabilities
$2,914
Net assets
$4,049,646
Revenue
$364,692
Expenses
$546,458
Net income
-$181,766
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.00$4.05$0.36$0.55$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$0.12$0.50$0.38
2022Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$0.02$0.26$0.24
2021Detailed filing. Detailed filing data is available for this year.$4.87$0.01$4.87$0.10$0.56$0.46
2020Detailed filing. Detailed filing data is available for this year.$5.44$0.12$5.32$3.54$0.55$2.99
2019Detailed filing. Detailed filing data is available for this year.$2.35$0.01$2.34$3.21$1.68$1.53
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.20$0.84$0.17$0.26$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.12$0.22$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.52$0.52$0.55$1.48$0.94
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.70$1.45$2.31$0.31$2.00
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.83$0.54$4.44$0.37$4.81
2013Detailed filing. Detailed filing data is available for this year.$2.25$1.00$1.25$0.52$0.28$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.01$1.09$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$4,176,027
Mission and Program Overview

Mission

To acquire, construct, develop, operate and provide multi-family housing and all related amenities and services to benefit homeless persons,the elderly, and/or persons of moderate income. To also help the environment by promoting the use of renewable energy sources, to invest in research and development of renewable energy sources, to encourage and promote the cost effective financing and operating of renewable energy facilities in order to reduce the cost of building and operating such facilities and to reduce the cost of the energy produced by such facilities; to acquire, develop, invest in, own and operate renewable energy sources in order to demonstrate their efficiency, promote their use, and reduce reliance upon foreign energy sources, and to participate in programs designed to accomplish any of the foregoing.

To support affordable housing, the environment, and renewable energy, and other charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,267,560--
Investments Program Related$1,176,205$2,191,165▲ $1,014,960
Cash and Non-Interest-Bearing Accounts$189,894$958,523▲ $768,629
Other Notes and Loans Receivable, Net$57,255$448,262▲ $391,007
Savings and Temporary Cash Investments$319,860$243,374▼ $76,486
Investments Other Securities$213,228$211,236▼ $1,992
Total Assets$4,224,002$4,052,560▼ $171,442
Liabilities
Accounts Payable and Accrued Expenses$357$2,914▲ $2,557
Total Liabilities$357$2,914▲ $2,557
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,223,645$4,049,646▼ $173,999
Total Net Assets Fund Balance$4,223,645$4,049,646▼ $173,999
Total Liabilities and Net Assets / Fund Balance$4,224,002$4,052,560▼ $171,442

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,412,840--
Other Securities$211,236--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Daryl JonesChairman
James MitchellDirector
Michael FalconeExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$364,692
Other Revenue
$0
Change in Net Assets
$-181,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,158
Grants and Similar Amounts Paid$205,300
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$205,300--$205,300
Fees for Services Other-$36,000-$36,000
Fees for Service Investment Mgmnt Fees-$16,119-$16,119
Fees for Services Accounting-$7,218-$7,218
Occupancy-$6,000-$6,000
Other Expenses$3,806$200-$200
Total Functional Expenses$480,921$65,537$0$546,458
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mcdonogh School IncOwings Mills, MD501(c)(3)General Purpose$150,000
Community Organizing AllianceLewiston, ME501(c)(3)General Purpose$10,000
Portland Community SquashPortland, ME501(c)(3)General Purpose$10,000
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael FalconeExecutive DirectorFEES PAID TO WARD OAKS LLC, OWNED 97% BY MICHAEL FALCONE.No$34,920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“There is an accounting management review of the 990 for reasonableness and completeness.”

Form 990, Part VI, Section C, Line 19

“Documents, policies, and statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Ward Oaks Foundation Inc
EIN
52-2252149
Phone
4103363779
Address
104 S CROSS STREET 1ST FLOOR, CHESTERTOWN, MD 21620

Signing Officer

Name
Michael Falcone
Title
President
Phone
4103363779
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Falcone
Formed
2000
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Katz Abosch
Address
9690 DEERECO RD STE 500, TIMONIUM, MD 21093
Preparer
Lauren K Owoc CPA
Phone
4108286432
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 13

“As part of the organization's exempt function to provide clean and renewable energy sources, as well as low-income housing for the homeless, elderly, and persons of low income, the organization takes a position as either a limited partner or the general partner in various partnerships. The organization's goal is to enhance projects that provide renewable energy and affordable housing for those in need. The organization does not charge special fees to tenants and rents charged for low-income housing are kept largely affordable per regulatory guidelines. Major fluctuations in the balance sheet investment asset account occur due to acquisitions and dispositions of these various partnership interests. Gains and losses recognized on the tax return are determined from flow-through income and losses from the partnership k-1's.”

Raw XML Appendix371 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/BOYAmt0357
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02914
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT AFFORDABLE HOUSING, THE ENVIRONMENT, AND RENEWABLE ENERGY, AND OTHER CHARITABLE PURPOSES.
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL FALCONE
IRS990/BooksInCareOfDetail/PhoneNum04103363779
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 WEST AVE APT 2801
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078701
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0189894
IRS990/CashNonInterestBearingGrp/EOYAmt0958523
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0205300
IRS990/CYInvestmentIncomeAmt0364692
IRS990/CYOtherExpensesAmt0341158
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-181766
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0546458
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0364692
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDING CLEAN AND RENEWABLE ENERGY SOURCES TO COMMUNITIES THROUGH OWNERSHIP IN VARIOUS PARTNERSHIPS THAT ALIGN WITH THIS MISSION.CONTRIBUTING TO ORGANIZATIONS WHOSE EXEMPT PURPOSE ALIGNS WITH THAT OF THE FOUNDATION'S MISSIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0480921
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07218
IRS990/FeesForServicesAccountingGrp/TotalAmt07218
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt036000
IRS990/FeesForServicesOtherGrp/TotalAmt036000
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt016119
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016119
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0DARYL JONES
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL FALCONE
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES MITCHELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0282803
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0205300
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0205300
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0205300
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04094138
IRS990/GrossReceiptsAmt04176027
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt081889
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt081889
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0213228
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0211236
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01176205
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02191165
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02267560
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03811335
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ALSO HELP THE ENVIRONMENT BY PROMOTING THE USE OF RENEWABLE ENERGY SOURCES, TO INVEST IN RESEARCH AND DEVELOPMENT OF RENEWABLE ENERGY SOURCES, TO ENCOURAGE AND PROMOTE THE COST EFFECTIVE FINANCING AND OPERATING OF RENEWABLE ENERGY FACILITIES IN ORDER TO REDUCE THE COST OF BUILDING AND OPERATING SUCH FACILITIES AND TO REDUCE THE COST OF THE ENERGY PRODUCED BY SUCH FACILITIES. TO ACQUIRE, DEVELOP, INVEST IN, OWN AND OPERATE RENEWABLE ENERGY SOURCES IN ORDER TO DEMONSTRATE THEIR EFFICIENCY, PROMOTE THEIR USE, AND REDUCE RELIANCE UPON FOREIGN ENERGY SOURCES. TO PARTICIPATE IN PROGRAMS DESIGNED TO ACCOMPLISH ANY OF THE FOREGOING, AS WELL AS OTHER CHARITABLE PURPOSES, TO INCLUDE AFFORDABLE HOUSING FOR THE HOMELESS, ELDERLY, AND PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04223645
IRS990/NetAssetsOrFundBalancesEOYAmt04049646
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0282803
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0282803
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt07767
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04223645
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04049646
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06000
IRS990/OccupancyGrp/TotalAmt06000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PASS-THROUGH PARTNERSHI
IRS990/OtherExpensesGrp/Desc1PASS-THROUGH - OTHER DE
IRS990/OtherExpensesGrp/Desc2BANK & INVEST CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0200
IRS990/OtherExpensesGrp/ProgramServicesAmt0271815
IRS990/OtherExpensesGrp/ProgramServicesAmt13806
IRS990/OtherExpensesGrp/TotalAmt0271815
IRS990/OtherExpensesGrp/TotalAmt13806
IRS990/OtherExpensesGrp/TotalAmt2200
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt057255
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0448262
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL FALCONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0282976
IRS990/PYInvestmentIncomeAmt0115973
IRS990/PYOtherExpensesAmt0216139
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-383142
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0499115
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0115973
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-181766
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0319860
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0243374
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt031430
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt081889
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt099101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0108056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt068524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036173
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0393743
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03344891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03344891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt081889
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt099101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0108056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt068524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0393743
IRS990ScheduleA/InvestmentIncomeCYPct00.10440
IRS990ScheduleA/InvestmentIncomePYPct00.05340
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.89560
IRS990ScheduleA/PublicSupportPY509Pct00.94660
IRS990ScheduleA/PublicSupportTotal509Amt03376321
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt031430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03344891
IRS990ScheduleA/Total509Grp/TotalAmt03376321
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt081889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt099101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0108056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt099954
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03381064
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03770064
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0778325
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11412840
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN PARTNERSHIP - TVEC BULGARIA SOLAR INVESTORS LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN PARTNERSHIP - VEP SMOLYAN LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0211236
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN PARTNERSHIP - EARLY LIGHT VENTURES FUND I, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt02191165
IRS990ScheduleD/TotalBookValueSecuritiesAmt0211236
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL PURPOSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MCDONOGH SCHOOL INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COMMUNITY ORGANIZING ALLIANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PORTLAND COMMUNITY SQUASH
IRS990ScheduleI/RecipientTable/RecipientEIN0566001577
IRS990ScheduleI/RecipientTable/RecipientEIN1131837418
IRS990ScheduleI/RecipientTable/RecipientEIN2462787590
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08600 MCDONOGH RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 113
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt266 NOYES ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OWINGS MILLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LEWISTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PORTLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1ME
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2ME
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd104240
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd204103
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1CASH
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL CHARITABLE DONATION REQUESTS ARE REVIEWED PRIOR TO APPROVAL BY A DIRECTOR TO ENSURE COMPLIANCE WITH ITS MISSION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MICHAEL FALCONE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt034920
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0FEES PAID TO WARD OAKS LLC, OWNED 97% BY MICHAEL FALCONE.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS AN ACCOUNTING MANAGEMENT REVIEW OF THE 990 FOR REASONABLENESS AND COMPLETENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS, POLICIES, AND STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS PART OF THE ORGANIZATION'S EXEMPT FUNCTION TO PROVIDE CLEAN AND RENEWABLE ENERGY SOURCES, AS WELL AS LOW-INCOME HOUSING FOR THE HOMELESS, ELDERLY, AND PERSONS OF LOW INCOME, THE ORGANIZATION TAKES A POSITION AS EITHER A LIMITED PARTNER OR THE GENERAL PARTNER IN VARIOUS PARTNERSHIPS. THE ORGANIZATION'S GOAL IS TO ENHANCE PROJECTS THAT PROVIDE RENEWABLE ENERGY AND AFFORDABLE HOUSING FOR THOSE IN NEED. THE ORGANIZATION DOES NOT CHARGE SPECIAL FEES TO TENANTS AND RENTS CHARGED FOR LOW-INCOME HOUSING ARE KEPT LARGELY AFFORDABLE PER REGULATORY GUIDELINES. MAJOR FLUCTUATIONS IN THE BALANCE SHEET INVESTMENT ASSET ACCOUNT OCCUR DUE TO ACQUISITIONS AND DISPOSITIONS OF THESE VARIOUS PARTNERSHIP INTERESTS. GAINS AND LOSSES RECOGNIZED ON THE TAX RETURN ARE DETERMINED FROM FLOW-THROUGH INCOME AND LOSSES FROM THE PARTNERSHIP K-1'S.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART X, LINE 13
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04224002
IRS990/TotalAssetsEOYAmt04052560
IRS990/TotalAssetsGrp/BOYAmt04224002
IRS990/TotalAssetsGrp/EOYAmt04052560
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065537
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0480921
IRS990/TotalFunctionalExpensesGrp/TotalAmt0546458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0357
IRS990/TotalLiabilitiesEOYAmt02914
IRS990/TotalLiabilitiesGrp/BOYAmt0357
IRS990/TotalLiabilitiesGrp/EOYAmt02914
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04223645
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04049646
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0480921
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0364692
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0364692
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04224002
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04052560
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 WEST AVENUE STE 2801
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078701
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL FALCONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04103363779
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WARD OAKS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WARD
ReturnHeader/Filer/EIN0522252149
ReturnHeader/Filer/PhoneNum04103363779
ReturnHeader/Filer/USAddress/AddressLine1Txt0104 S CROSS STREET 1ST FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHESTERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021620
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521003788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KATZ ABOSCH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09690 DEERECO RD STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04108286432
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN K OWOC CPA
ReturnHeader/ReturnTs02025-11-17T08:49:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.