Civic Intelligence

The Fox Aarons Foundation

EIN 81-4159057 • Wilmington, DE

Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

1386%

Higher net margin than 100% of similar nonprofits.

$500k-$1M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

$500k-$1M nonprofits • Source year 2025

Asset Growth

4th percentile

-59%

Faster asset growth than 4% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$507,082

Down $720,875 (-59%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

Down

$507,082

Down $720,875 (-59%) from 2023

Revenue

Down

-$52,018

Down $334,415 (-118%) from 2023

Expenses

Down

$668,857

Down $137,580 (-17%) from 2023

Net Income

Down

-$720,875

Down $196,835 (-38%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $4,591,781Liabilities 2017: $0Net Assets 2017: $4,591,7812017Assets 2018: $4,324,491Liabilities 2018: $0Net Assets 2018: $4,324,4912018Assets 2019: $3,808,031Liabilities 2019: $1Net Assets 2019: $3,808,0312019Assets 2020: $2,985,053Liabilities 2020: $1Net Assets 2020: $2,985,0532020Assets 2021: $2,678,267Liabilities 2021: $1Net Assets 2021: $2,678,2672021Assets 2022: $1,751,997Liabilities 2022: $1Net Assets 2022: $1,751,9972022Assets 2023: $1,227,957Liabilities 2023: $1Net Assets 2023: $1,227,9572023Assets 2024: $507,082Liabilities 2024: $0Net Assets 2024: $507,0822024

Highlighted filing

2024

Assets$507,082
Liabilities$0
Net Assets$507,082

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $196,959Expenses 2017: $611,146Net Income 2017: -$414,1872017Revenue 2018: $319,013Expenses 2018: $586,303Net Income 2018: -$267,2902018Revenue 2019: -$119,825Expenses 2019: $396,635Net Income 2019: -$516,4602019Revenue 2020: $32,176Expenses 2020: $855,154Net Income 2020: -$822,9782020Revenue 2021: $431,869Expenses 2021: $738,655Net Income 2021: -$306,7862021Revenue 2022: $17,822Expenses 2022: $944,092Net Income 2022: -$926,2702022Revenue 2023: $282,397Expenses 2023: $806,437Net Income 2023: -$524,0402023Revenue 2024: -$52,018Expenses 2024: $668,857Net Income 2024: -$720,8752024

Highlighted filing

2024

Revenue-$52,018
Expenses$668,857
Net Income-$720,875

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 12, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip AaronsDir, Treas-$0--
Shelley Fox AaronsDir, Pres-$0--
Zachary AaronsDir, Sec-$0--
Filing and Contact Details

Filer

Filer Name
The Fox Aarons Foundation
EIN
81-4159057
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Shelley Fox Aarons
Title
President
Phone
8008391754
Signed
2025-07-12
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix376 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.

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LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $655,250. This amount represents 25% or more of the Foundation's net assets of $1,098,569 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1State or Local Filing Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt013582
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt013582
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ReasonableCauseExplanation/ExplanationTxt0We respectfully request that The Fox Aarons Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $2 penalty indicated on Form 2220 be abated because the underpayment in Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q4 estimate based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Shelley Fox Aarons
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Fox Aarons Foundation
ReturnHeader/Filer/BusinessNameControlTxt0FOXA
ReturnHeader/Filer/EIN0814159057
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
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ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02025-07-21T14:05:35-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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