Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
24th percentile
Higher top officer pay than 24% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Assets
Down$7,740,158
Down $232,074 (-2.9%) from 2021
Net Assets
Up$446,854
Up $219,993 (+97%) from 2021
Liabilities
Down$7,293,304
Down $452,067 (-5.8%) from 2021
Revenue
Down$542,741
Down $100,555 (-16%) from 2021
Expenses
Up$672,748
Up $255,160 (+61%) from 2021
Net Income
Down-$130,007
Down $355,715 (-158%) from 2021
Supporting high-quality education in the liberal arts for all people.Classical Learning: Proper education does not rely on modern tricks or gimmicks for learning, but rather on the self-discipline of students and the natural joy of learning the True, the Good, and the Beautiful.High Expectations: Proper education is one that upholds a standard of excellence and is based on the truth that students will achieve their best potential when challenged with high expectations.Moral Character: Students educated in a holistic program are more likely to develop a strong moral character and live a life of virtue.Civic Virtue: Students should be taught not only how to excel in academics, but also how to excel in their communities and how to act for the Common Good of all.
Supporting high-quality education in the liberal arts for all people with classical learning, high expectations, moral character and civic virtue.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $7,723,373 | $7,729,822 | ▲ $6,449 |
| Accounts Receivable | $195,000 | $0 | ▼ $195,000 |
| Cash and Non-Interest-Bearing Accounts | $53,859 | $10,336 | ▼ $43,523 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $7,972,232 | $7,740,158 | ▼ $232,074 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $7,313,979 | $7,022,451 | ▼ $291,528 |
| Other Liabilities | $350,000 | $168,000 | ▼ $182,000 |
| Accounts Payable and Accrued Expenses | $74,892 | $102,853 | ▲ $27,961 |
| Deferred Revenue | $6,500 | - | - |
| Total Liabilities | $7,745,371 | $7,293,304 | ▼ $452,067 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $226,861 | $446,854 | ▲ $219,993 |
| Total Net Assets Fund Balance | $226,861 | $446,854 | ▲ $219,993 |
| Total Liabilities and Net Assets / Fund Balance | $7,972,232 | $7,740,158 | ▼ $232,074 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $6,656,408 | $222,187 | $6,878,595 |
| Land | $895,000 | - | $895,000 |
| Equipment | $178,414 | $44,055 | $222,469 |
| Name | Title |
|---|---|
| Patrick T Mason | President |
| Michael D Byrne | Vice President |
| Shane Terrill | Secretary/Tres. |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $395,004 |
| Other Expenses | $277,744 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $395,004 | - | - | $395,004 |
| Occupancy | $271,118 | - | - | $271,118 |
| Office Expenses | - | $5,586 | - | $5,586 |
| Fees for Services Other | $507 | - | - | $507 |
| Other Expenses | - | $333 | - | $333 |
| Travel | $200 | - | - | $200 |
| Total Functional Expenses | $666,829 | $5,919 | $0 | $672,748 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,423,074 |
| Expenses Not Reported on Form 990 | $750,326 |
| Expenses per Audited Statements | $672,748 |
| Total Expenses per Form 990 | $672,748 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Fnd for the Annunciation | Hulbert, OK | 501(c)(3) | Operation grant | $286,061 |
| Hozho Academy | Gallup, NM | 501(c)(3) | Operation grant | $108,943 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Grants Payable | $168,000 |
“Shane Terrill is Brother-In Law of Patrick Mason.”
“The organization provides a copy of this Form 990 to all members of its governing body before filing with IRS.”
“Aequitas Education has a conflict of interest policy which includes having all new board members sign an acknowledgement they have read and understood the policy. All board members are required annually and in writing to disclose all businesses or other organizations of which they receive compensation or remuneration of any sort, with which Aequitas Education competes or with which Aequitas Education has, or might reasonably in the future enter into, a relationship or a transaction. Aequitas Education also has a policy directing the Board Chair and other Board Members on how to disclose a potential conflict of interest when issues are discussed or voted on, which includes disclosure and the party removing themselves from the meeting during discussion and vote.”
“Governing documents, policies, financial statements and the IRS Form 990 are made available to the public upon request within three working days of the date the request was made.”
“Aequitas Education is a not-for-profit organization that is exempt from federal and New Mexico income taxes under Section 501(c)(3) of the Internal Revenue Code. Aequitas Education is also exempt from paying gross receipt tax on the purchase of tangible personal property, real estate, and personal property taxes to the State of New Mexico.”
“Rental expenses netted against revenue $750326”
“Rental expenses netted against revenue $750326”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 74892 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 102853 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 195000 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Supporting high-quality education in the liberal arts for all people with classical learning, high expectations, moral character and civic virtue. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 33067 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Patrick T Mason |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5058629498 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 104 E Aztec Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Gallup |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 87301 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 53859 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 10336 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 33067 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 395004 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 277744 |
| IRS990/CYOtherRevenueAmt | 0 | 509674 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -130007 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 672748 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 542741 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 6500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Supported the continued develop and operation of Hozho Academy Charter School in New Mexico. This school is currently Grades K-9 and serves 715 full time students. Approximately 60% Native American and 15% Hispanic. As part of these efforts, we purchased additional portables and also continued renovation of the permanent facility. Supported other local organizations in the area that are focused on formation of the population in various ways.Supported need-based scholarships for minority students at Sacred Heart Catholic School. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 666829 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 507 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 507 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Patrick T Mason |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Michael D Byrne |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Shane Terrill |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary/Tres. |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2017 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 395004 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 395004 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 395004 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1293067 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 1260000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 266242 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 7723373 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7729822 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7996064 |
| IRS990/LegalDomicileStateCd | 0 | NM |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 750326 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Supporting high-quality education in the liberal arts for all people.Classical Learning: Proper education does not rely on modern tricks or gimmicks for learning, but rather on the self-discipline of students and the natural joy of learning the True, the Good, and the Beautiful.High Expectations: Proper education is one that upholds a standard of excellence and is based on the truth that students will achieve their best potential when challenged with high expectations.Moral Character: Students educated in a holistic program are more likely to develop a strong moral character and live a life of virtue.Civic Virtue: Students should be taught not only how to excel in academics, but also how to excel in their communities and how to act for the Common Good of all. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 7313979 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 7022451 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 226861 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 446854 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 509674 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 509674 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 226861 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 446854 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 271118 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 271118 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 5586 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 5586 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Bank fees |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 333 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 333 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 350000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 168000 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Patrick T Mason |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 350000 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 249681 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 259588 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 158000 |
| IRS990/PYOtherRevenueAmt | 0 | 393615 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 225708 |
| IRS990/PYTotalExpensesAmt | 0 | 417588 |
| IRS990/PYTotalRevenueAmt | 0 | 643296 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -130007 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 509674 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 33067 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 249681 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 754081 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 400000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1436864 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 509674 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 393615 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | -105062 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 70227 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 75000 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 943454 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
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| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 542741 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 643296 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 649019 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 470227 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 75035 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2380318 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 643296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 649019 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 470227 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 75035 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 6656408 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 222187 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6878595 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 178414 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 44055 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 222469 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 750326 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 672748 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 895000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 895000 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 750326 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 168000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Grants Payable |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 750326 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 750326 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 542741 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Aequitas Education is a not-for-profit organization that is exempt from federal and New Mexico income taxes under Section 501(c)(3) of the Internal Revenue Code. Aequitas Education is also exempt from paying gross receipt tax on the purchase of tangible personal property, real estate, and personal property taxes to the State of New Mexico. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Rental expenses netted against revenue $750326 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | Rental expenses netted against revenue $750326 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part XII, Line 2d: Other expenses and losses per audited F/S |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 168000 |
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| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1293067 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1423074 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
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| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 108943 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Operation grant |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | Operation grant |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Fnd for the Annunciation |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | Hozho Academy |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 731539587 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 822871097 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 5804 West Monastery Rd |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 306 NM-564 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Hulbert |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | Gallup |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | NM |
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| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 87301 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Aequita Education monitors larger grants by reviewing the grantees monthly budget as well as attending the grantee's finance committee meetings. We also require a detailed list of expenditures. Aequita Education monitors smaller or onetime grants by requiring the organization to provide reports on expenditure of funds with documentation. We also check in on programs in person to see that the grantee is utilizing the funds properly. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grantmaker's Description of How Grants are Used |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 2 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Shane Terrill is Brother-In Law of Patrick Mason. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The organization provides a copy of this Form 990 to all members of its governing body before filing with IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Aequitas Education has a conflict of interest policy which includes having all new board members sign an acknowledgement they have read and understood the policy. All board members are required annually and in writing to disclose all businesses or other organizations of which they receive compensation or remuneration of any sort, with which Aequitas Education competes or with which Aequitas Education has, or might reasonably in the future enter into, a relationship or a transaction. Aequitas Education also has a policy directing the Board Chair and other Board Members on how to disclose a potential conflict of interest when issues are discussed or voted on, which includes disclosure and the party removing themselves from the meeting during discussion and vote. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Governing documents, policies, financial statements and the IRS Form 990 are made available to the public upon request within three working days of the date the request was made. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 19 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NM |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 7740158 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7740158 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 33067 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 5919 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 666829 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 672748 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 7745371 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 7293304 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 7745371 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 7293304 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 226861 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 446854 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 666829 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 509674 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 542741 |
| IRS990/TotalVolunteersCnt | 0 | 15 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7740158 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 200 |
| IRS990/TravelGrp/TotalAmt | 0 | 200 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 104 E Aztec Ave |
| IRS990/USAddress/CityNm | 0 | Gallup |
| IRS990/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/USAddress/ZIPCd | 0 | 87301 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | https://aequitaseducation.org/ |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.