Civic Intelligence

Aof Miami Dade Affordable Housing Corp

990 • Fiscal year 2017 • EIN 81-5278581

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 08, 2018

Organization ProfileN/A
4401 Northside Parkway No 711Atlanta, GA 30327

(770) 937-0377

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

33.83x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

6th percentile

-39%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

67th percentile

$469,886

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 25.1% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$62,711,070

No earlier filing loaded for comparison.

Net Assets

-$740,810

No earlier filing loaded for comparison.

Liabilities

$63,451,880

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin6th percentile

Revenue

$1,875,630

No earlier filing loaded for comparison.

Expenses

$2,616,440

No earlier filing loaded for comparison.

Net Income

-$740,810

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80M$60M$40M$20M$0-$20MAssets 2017: $62,711,070Liabilities 2017: $63,451,880Net Assets 2017: -$740,8102017Assets 2018: $41,946,392Liabilities 2018: $45,573,096Net Assets 2018: -$3,626,7042018Assets 2019: $44,869,263Liabilities 2019: $51,314,669Net Assets 2019: -$6,445,4062019Assets 2020: $44,313,063Liabilities 2020: $52,018,373Net Assets 2020: -$7,705,3102020Assets 2021: $43,727,797Liabilities 2021: $52,403,041Net Assets 2021: -$8,675,2442021Assets 2023: $6,777,597Liabilities 2023: $0Net Assets 2023: $6,777,5972023Assets 2024: $4,054,724Liabilities 2024: $0Net Assets 2024: $4,054,7242024

Highlighted filing

2017

Assets$62,711,070
Liabilities$63,451,880
Net Assets-$740,810
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40M$20M$0-$20M-$40MRevenue 2017: $1,875,630Expenses 2017: $2,616,440Net Income 2017: -$740,8102017Revenue 2018: $8,402,017Expenses 2018: $11,287,911Net Income 2018: -$2,885,8942018Revenue 2019: $5,058,774Expenses 2019: $7,877,476Net Income 2019: -$2,818,7022019Revenue 2020: $5,370,158Expenses 2020: $6,630,062Net Income 2020: -$1,259,9042020Revenue 2021: $5,651,215Expenses 2021: $6,621,149Net Income 2021: -$969,9342021Revenue 2023: $36,868Expenses 2023: $31,000,072Net Income 2023: -$30,963,2042023Revenue 2024: $167,340Expenses 2024: $2,890,213Net Income 2024: -$2,722,8732024

Highlighted filing

2017

Revenue$1,875,630
Expenses$2,616,440
Net Income-$740,810
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 8, 2018
Return Version
2016v3.0
Gross Receipts
$1,875,630
Mission and Program Overview

Mission

The corporation was organized to acquire, rehabilitate, operate and sell affordable housing for moderate to low-income, elderly and/or mentally or physically challenged persons or families.

The corporation was organized to acquire, rehabilitate, operate and sell affordable housing for low-income, elderly and/or mentally or physically challenged persons or families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$58,937,171▲ $58,937,171
Cash and Non-Interest-Bearing Accounts-$1,512,695-
Intangible Assets-$545,009-
Prepaid Expenses and Deferred Charges-$227,194-
Accounts Receivable-$97,870-
Total Assets$0$62,711,070▲ $62,711,070
Other Assets Total$0$1,391,131▲ $1,391,131
Liabilities
Mortgage Notes Payable Secured by Investment Property-$60,000,000-
Other Liabilities$0$1,864,627▲ $1,864,627
Accounts Payable and Accrued Expenses-$1,496,603-
Deferred Revenue-$90,650-
Total Liabilities$0$63,451,880▲ $63,451,880
Net Assets / Fund Balance
Unrestricted Net Assets-$-740,810-
Total Net Assets Fund Balance$0$-740,810▼ $740,810
Total Liabilities and Net Assets / Fund Balance$0$62,711,070▲ $62,711,070

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$51,794,010$337,258$52,131,268
Land$5,900,000-$5,900,000
Equipment$1,243,161$31,546$1,274,707
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleOtherTotal
Thomas NullVice President, Trustee$125,000$125,000

Board Members and Trustees

NameTitle
Philip J KennedyPresident, Trustee
Kathryn T WalkerVice President, Trustee
Robert R DerrickTrustee
William F Fisher IiiTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,875,630
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-740,810

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,875,630
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,875,630
Total Revenue per Form 990
$1,875,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,430,815
Salaries, Compensation, and Employee Benefits$185,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,071,551--$1,071,551
Depreciation Depletion$723,137$12,500-$735,637
Occupancy$202,819--$202,819
Other Salaries and Wages$142,873--$142,873
Insurance$128,938--$128,938
Fees for Services Management-$77,738-$77,738
Office Expenses$29,995--$29,995
Other Employee Benefits$27,890--$27,890
Fees for Services Other-$17,254-$17,254
Payroll Taxes$14,862--$14,862
Information Technology$10,424--$10,424
Advertising$5,521--$5,521
Other Expenses$2,360$3,910-$2,360
Fees for Services Legal-$1,200-$1,200
Total Functional Expenses$2,503,838$112,602$0$2,616,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,616,440
Total Expenses per Audited Statements$2,616,440
Total Expenses per Form 990$2,616,440
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable Aof$1,225,000
Tenant Security Deposits$639,627
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

“A copy of form 990 is provided to the cfo and president of the parent company for review. Once the review is completed, the form 990 is then provided to each trustee and filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The cfo and president of the parent company monitor and enforce the policy.”

Form 990, Part VI, Section C, Line 19

“The organization makes these documents available to the public upon request. Copies are available for public review at the corporate offices.”

Filing and Contact Details

Filer

Filer Name
Aof Miami Dade Affordable Housing Corp
EIN
81-5278581
Phone
7709370377
Address
4401 NORTHSIDE PARKWAY NO 711, ATLANTA, GA 30327

Signing Officer

Name
Kathryn T Walker
Title
Vice President
Phone
7709370377
Signed
2018-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip J Kennedy
Formed
2017
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors assumes responsibility for oversight of the audited financial statements and the selection of an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The corporation has adopted accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation had no impact on the corporation's consolidated statement of financial position or consolidated statement of activities. The corporation does not believe their financial statements include any uncertain tax positions and that no income taxes are due for their activities. Therefore, no provision for income taxes is included in the consolidated financial statements.”

Raw XML AppendixShowing 400 of 464 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S CONSOLIDATED STATEMENT OF FINANCIAL POSITION OR CONSOLIDATED STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE THEIR FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR THEIR ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058937171
IRS990ScheduleD/TotalExpensesPerForm990Amt02616440
IRS990ScheduleD/TotalLiabilityAmt01864627
IRS990ScheduleD/TotalRevenuePerForm990Amt01875630
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01875630
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02616440
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt070000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt165000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0330000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt031587
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt122906
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt026299
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt012000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PHILIP J KENNEDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KATHRYN T WALKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT, TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0469886
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1271246
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE CFO AND PRESIDENT OF THE PARENT COMPANY FOR REVIEW. ONCE THE REVIEW IS COMPLETED, THE FORM 990 IS THEN PROVIDED TO EACH TRUSTEE AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CFO AND PRESIDENT OF THE PARENT COMPANY MONITOR AND ENFORCE THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES ARE AVAILABLE FOR PUBLIC REVIEW AT THE CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0AOF MIAMI DADE AFFORDABLE HOUSING CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1AOF MIAMI DADE AFFORDABLE HOUSING CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2AOF MIAMI DADE AFFORDABLE HOUSING CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0AOF CEDAR GROVE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1AOF EMERALD DUNES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2AOF RUNNING BROOK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0364859387
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1364859298
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2384026764
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt029358984
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt112812216
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt219994861
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0903767
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1389765
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt2582098
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04401 NORTHSIDE PARKWAY STE 711
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt14401 NORTHSIDE PARKWAY STE 711
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt24401 NORTHSIDE PARKWAY STE 711
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1ATLANTA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2ATLANTA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd030327
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd130327
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd230327
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE AMERICAN OPPORTUNITY FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581533966
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04401 NORTHSIDE PARKWAY SUITE 711
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030327
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01225000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE AMERICAN OPPORTUNITY FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt062711070
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt062711070
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112602
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02503838
IRS990/TotalFunctionalExpensesGrp/TotalAmt02616440
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,711,070
Liabilities
$63,451,880
Net assets
-$740,810
Revenue
$1,875,630
Expenses
$2,616,440
Net income
-$740,810
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.00$4.05$0.17$2.89$2.72
2023Detailed filing. Detailed filing data is available for this year.$6.78$0.00$6.78$0.04$31.0$31.0
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.7$52.4$8.68$5.65$6.62$0.97
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.3$52.0$7.71$5.37$6.63$1.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.9$51.3$6.45$5.06$7.88$2.82
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.9$45.6$3.63$8.40$11.3$2.89
2017Detailed filing. Detailed filing data is available for this year.$62.7$63.5$0.74$1.88$2.62$0.74