Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
990 • Fiscal year 2024 • EIN 85-3667734
Refreshing map…
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Up$16,623,328
Up $1,017,483 (+6.5%) from 2023
Net Assets
Down-$730,279
Down $1,087,475 (-304%) from 2023
Liabilities
Up$17,353,607
Up $2,104,958 (+14%) from 2023
Revenue
Down-$542,812
Down $945,476 (-235%) from 2023
Expenses
Up$568,107
Up $319,295 (+128%) from 2023
Net Income
Down-$1,110,919
Down $1,264,771 (-822%) from 2023
To support emerging real-estate developers of non-traditional backgrounds (such as minorities, women and immigrants) who seek to advance in the real estate field
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,638,871 | $11,396,450 | ▲ $757,579 |
| Investments in Publicly Traded Securities | $2,038,435 | $2,093,605 | ▲ $55,170 |
| Other Notes and Loans Receivable, Net | $1,120,347 | $1,754,306 | ▲ $633,959 |
| Cash and Non-Interest-Bearing Accounts | $295,416 | $611,023 | ▲ $315,607 |
| Accounts Receivable | $333,127 | $364,905 | ▲ $31,778 |
| Savings and Temporary Cash Investments | $996,543 | $231,447 | ▼ $765,096 |
| Investments Program Related | $149,139 | $133,137 | ▼ $16,002 |
| Loans From Officers Directors | $121,801 | $120,520 | ▼ $1,281 |
| Prepaid Expenses and Deferred Charges | $33,967 | $38,455 | ▲ $4,488 |
| Total Assets | $15,605,845 | $16,623,328 | ▲ $1,017,483 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $14,023,347 | $16,208,024 | ▲ $2,184,677 |
| Accounts Payable and Accrued Expenses | $400,478 | $701,762 | ▲ $301,284 |
| Other Liabilities | $703,023 | $323,301 | ▼ $379,722 |
| Total Liabilities | $15,248,649 | $17,353,607 | ▲ $2,104,958 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $357,196 | $-730,279 | ▼ $1,087,475 |
| Total Net Assets Fund Balance | $357,196 | $-730,279 | ▼ $1,087,475 |
| Total Liabilities and Net Assets / Fund Balance | $15,605,845 | $16,623,328 | ▲ $1,017,483 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $11,206,450 | $415,900 | $11,622,350 |
| Land | $190,000 | - | $190,000 |
| Name | Title |
|---|---|
| Ernst Valery | President |
| Aleksandr Suurna | Director |
| Anne Nelson | Director |
| Dana Valery | Director |
| David Alexander | Director |
| Jalal Green | Director |
| Robert Pipik | Director |
| Trevor Parham | Director |
| Jill Dun | Secretary |
| Caren Lichter | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $568,107 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $107,255 | - | - | $107,255 |
| Other Expenses | $18,116 | - | - | $18,116 |
| Fees for Services Other | $7,687 | $7,688 | - | $15,375 |
| Fees for Services Accounting | - | $15,170 | - | $15,170 |
| Fees for Services Legal | $5,882 | $5,881 | - | $11,763 |
| Fees for Service Investment Mgmnt Fees | - | $8,698 | - | $8,698 |
| Office Expenses | - | $3,151 | - | $3,151 |
| All Other Expenses | - | $2,168 | - | $2,168 |
| Occupancy | $570 | $570 | - | $1,140 |
| Total Functional Expenses | $524,781 | $43,326 | $0 | $568,107 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Ownership Interest of an Officer | Accounting Services | No | $6,162 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $121,801 | $120,520 | ▼ $1,281 |
| Liability | Amount |
|---|---|
| Refundable Advances | $201,982 |
| Accrued Interest | $96,164 |
| Security Deposits | $25,155 |
“Dana and ernst valery are spouses. David alexander and ernst valery have a business relationship.”
“The foundation does not have established committees and the board of directors handles all governance of the foundation.”
“A copy of the 990 is provided to the board of directors for review prior to filing.”
“The organization's governing docuemnts, conflict of interest policy and financial statements are available to the public upon request.”
“Net unrelated business income is negative ($1,675,109) resulting in no ubti. Additionally, the unrelated business income generating asset is a temporary holding that was sold in 2024.”
“The process has not changed from the prior year.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 400478 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 701762 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 333127 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 364905 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO SUPPORT EMERGING REAL-ESTATE DEVELOPERS OF NON-TRADITIONAL BACKGROUNDS (SUCH AS MINORITIES, WOMEN AND IMMIGRANTS) WHO SEEK TO ADVANCE IN THE REAL ESTATE FIELD |
| IRS990/AllOtherContributionsAmt | 0 | 5000 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2168 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2168 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CAREN LICHTER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4106026500 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6115 FALLS RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BALTIMORE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 21209 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 1 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 295416 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 611023 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 944658 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 169234 |
| IRS990/CYOtherExpensesAmt | 0 | 568107 |
| IRS990/CYOtherRevenueAmt | 0 | -1656704 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1110919 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 568107 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | -542812 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | TO SUPPORT EMERGING REAL-ESTATE DEVELOPERS OF NON-TRADITIONAL BACKGROUNDS (SUCH AS MINORITIES, WOMEN AND IMMIGRANTS) WHO SEEK TO ADVANCE IN THE REAL ESTATE FIELD |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 524781 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 15170 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15170 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5881 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 5882 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11763 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 7688 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 7687 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 15375 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 8698 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 8698 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | 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/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ERNST VALERY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JILL DUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CAREN LICHTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAVID ALEXANDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JALAL GREEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ANNE NELSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TREVOR PARHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ROBERT PIPIK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ALEKSANDR SUURNA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DANA VALERY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 66006 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 939658 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1659189 |
| IRS990/GrossReceiptsAmt | 0 | 4710684 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 2003609 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 107255 |
| IRS990/InterestGrp/TotalAmt | 0 | 107255 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 103228 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 103228 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 149139 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 133137 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2038435 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2093605 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 415900 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10638871 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 11396450 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11812350 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1593183 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 3660313 |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 121801 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 120520 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO SUPPORT EMERGING REAL-ESTATE DEVELOPERS OF NON-TRADITIONAL BACKGROUNDS (SUCH AS MINORITIES, WOMEN AND IMMIGRANTS) WHO SEEK TO ADVANCE IN THE REAL ESTATE FIELD |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 14023347 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 16208024 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 357196 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -730279 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 66006 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 66006 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -1656704 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -1656704 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 23444 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 357196 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -730279 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 570 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 570 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1140 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3151 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3151 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | COST OF SALES |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 385271 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 18116 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 385271 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 18116 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 703023 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 323301 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1120347 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1754306 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 33967 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 38455 |
| IRS990/PrincipalOfficerNm | 0 | ERNST VALERY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 972583 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 80019 |
| IRS990/PYOtherExpensesAmt | 0 | 248812 |
| IRS990/PYOtherRevenueAmt | 0 | -843995 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 194057 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 153852 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 248812 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 402664 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1110919 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -1656704 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 192679 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 996543 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 231447 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 944658 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 972583 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1932491 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 103228 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 103295 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 194057 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1932491 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 944658 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 972583 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1932491 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2035786 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| 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 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 11206450 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 415900 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 11622350 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 190000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 190000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 201982 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 96164 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 25155 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | REFUNDABLE ADVANCES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | SECURITY DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 11396450 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 323301 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | LICHTER GROUP |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | OWNERSHIP INTEREST OF AN OFFICER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 6162 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | ACCOUNTING SERVICES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 120520 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | STUART ALEXANDER & ASSOCIATES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | CASH FLOW SUPPORT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 121801 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | BOARD MEMBERS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 120520 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NET UNRELATED BUSINESS INCOME IS NEGATIVE ($1,675,109) RESULTING IN NO UBTI. ADDITIONALLY, THE UNRELATED BUSINESS INCOME GENERATING ASSET IS A TEMPORARY HOLDING THAT WAS SOLD IN 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DANA AND ERNST VALERY ARE SPOUSES. DAVID ALEXANDER AND ERNST VALERY HAVE A BUSINESS RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION DOES NOT HAVE ESTABLISHED COMMITTEES AND THE BOARD OF DIRECTORS HANDLES ALL GOVERNANCE OF THE FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION'S GOVERNING DOCUEMNTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART V, LINE 3B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | AEQUO FOUNDATION INC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | AEQUO FOUNDATION INC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LAKESIDE PHASED LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | AEQUO PITTSBURGH LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 0 | 922974860 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 1 | 922861547 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 12358739 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 1 | 1765543 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 1 | PA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | RENTAL HOUSING |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 1 | HOUSING DEVELOPMENT |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 0 | 1985204 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 1 | 146485 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | 1707 N CHARLES ST SUITE 200 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 1 | 1707 N CHARLES ST SUITE 200 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | BALTIMORE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 1 | BALTIMORE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 1 | MD |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 21201 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 1 | 21201 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | AEQUO FUND MANAGEMENT LLC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 1 | S |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | MD |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 1 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | INVESTING IN REAL ESTATE DEVELOPED BY MINORITIES, WOMEN, AND IMMIGRANTS |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 1 | REAL ESTATE INVESTMENT FIRM |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | AEQUO FUND |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 1 | ERNST VALERY INVESTMENT CORPORATION |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 1707 N CHARLES STREET SUITE 200A |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 1 | 1707 N CHARLES STREET SUITE 200A |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | BALTIMORE |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 1 | BALTIMORE |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 1 | MD |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 21201 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 1 | 21201 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | METROPOLITAN INVESTMENT TRUST AEQUO BALTIMORE LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | MD |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | HOUSING DEVELOPMENT ACTIVITIES |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | MOUNT STREET PROPERTIES LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 1707 N CHARLES STREET SUITE 200A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | BALTIMORE |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | MD |
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Displayed year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.