REQUITY FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- REQUITY FOUNDATION INC (EIN 84-5001046)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349318393
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T15:49:37-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260612272 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRED H BURKE CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 FELL ST FL 1 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 845001046 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REQUITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | REQU | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 S MADEIRA ST | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21231 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL ROSENBAND | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Signature | 2024-11-15 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRED H BURKE CPA | PreparerPersonNm |
| PTIN | P01382810 | PTIN |
| Phone | 4105630848 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL ROSENBAND | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 S MADEIRA ST | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $230,198 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | REQUITY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Activity Or Mission | TO BUILD CHARACTER, COMMUNITY AND CAREERS BY CULTIVATING RELEVANT AND TRANSFERABLE INTERPERSONAL SKILLS, APPLYING CLASSROOM LESSONS TO REAL-WORLD EXPERIENCES, AND CREATING PATHWAYS TO EQUITABLE EMPLOYMENT AND THRIVING CAREERS FOR ALL OF OUR STUDENTS | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $523,291 | PYContributionsGrantsAmt |
| CY Contributions Grants | $230,198 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $523,291 | PYTotalRevenueAmt |
| CY Total Revenue | $230,198 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,120 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,224 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $104,722 | PYOtherExpensesAmt |
| CY Other Expenses | $282,728 | CYOtherExpensesAmt |
| PY Total Expenses | $135,842 | PYTotalExpensesAmt |
| CY Total Expenses | $296,952 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $387,449 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$66,754 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $405,351 | TotalAssetsBOYAmt |
| Total Assets EOY | $336,821 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,703 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $828 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $401,648 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $335,993 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BUILD CHARACTER, COMMUNITY AND CAREERS BY CULTIVATING RELEVANT AND TRANSFERABLE INTERPERSONAL SKILLS, APPLYING CLASSROOM LESSONS TO REAL-WORLD EXPERIENCES, AND CREATING PATHWAYS TO EQUITABLE EMPLOYMENT AND THRIVING CAREERS FOR ALL OF OUR STUDENTS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $21,667 | ExpenseAmt |
| Desc | CARVER HOUSE: RENOVATIONS OF CARVER HOUSE PROVIDE SPECIALTY KNOWLEDGE AND WORK-BASED LEARNING FOR STUDENTS. BY APPLYING CLASSROOM LESSONS TO AUTHENTIC WORK, STUDENTS IN CARPENTRY, ELECTRICAL, MASONRY, INTERACTIVE MEDIA, BUSINESS, AND HVAC WILL BE TRAINED, EXPERIENCED, AND PREPARED TO JOIN A SPECIALIZED WORKFORCE FOR THE EMERGING LOW-CARBON EMISSIONS BUILDING INDUSTRY THROUGH APPRENTICESHIP AND PATHWAY PROGRAMS. THE CARVER HOUSE PROGRAM IS ALSO AIMING TO IMPLEMENT A CONSTRUCTION STANDARD THAT PRODUCES EXCEPTIONALLY ENERGY EFFICIENT, VIRTUALLY AIRTIGHT HOUSES WHERE MINIMUM ENERGY IS USED FOR HEATING AND COOLING, CURBING CLIMATE-RELATED EMISSIONS WHILE SAVING RESIDENTS UP TO NINETY PERCENT IN HEATING AND UTILITY COSTS. UTILIZING THESE TRADE SKILLS WILL BENEFIT THE NEIGHBORHOOD RESIDENTS THROUGH AFFORDABLE HOUSING AND A HEALTHIER INDOOR ENVIRONMENT. SUSTAINABLE BUILDING SCIENCE WILL CONTRIBUTE TO OUR ENVIRONMENTAL FOCUS OF REDUCING EMISSIONS FROM ENERGY CONSUMPTION AND IMPROVE STORM-WATER MANAGEMENT. OUR GOAL IS TO PRODUCE A SKILLED AND EMPLOYABLE CONSTRUCTION WORKFORCE TO SATISFY THE LABOR NEEDS IN BALTIMORE AND BEYOND. IN 2023 WORK REQUITY CONTINUED THE RENOVATION OF THE PILOT PROJECT, CARVER HOUSE. STUDENTS WORKED WITH MASONRY TEACHER TO COMPLETE THE NECESSARY MASONRY WORK IN THE BASEMENT & TEMPORARY ROOF REPAIRS, WHILE THE ARCHITECTURAL DESIGN AND PERMITTING WERE BEING COMPLETED THROUGH THE STATE OF MARYLAND. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,308 | ExpenseAmt |
| Desc | CARVER HUT: AN EXPANSION OF THE PASSIVE WALL 2022 PROJECT, THE CARVER HUT IS BUILDING SCIENCE TRAINING FOR THE CARVER HOUSE ON A SMALLER SCALE. STUDENTS FROM MASONRY, CARPENTRY, ELECTRICAL, AND BUSINESS TRADES ARE COLLABORATING WITH TEACHERS, STAFF, PARTNERS, AND VOLUNTEERS TO BUILD THREE ADDITIONAL HIGHLY INSULATED WALLS, ADD INSULATED FLOORING, INSTALL A HIGH-PERFORMANCE DOOR AND WINDOW, AND ERECT THE ROOF WITH A SOLAR PV SYSTEM. ONCE COMPLETE, THE CARVER HUT WILL BE UTILIZED TO TEACH TESTING PROCESSES FOR PASSING HIGH- PERFORMANCE BUILDING STANDARDS. 13 STUDENTS FROM THREE BALTIMORE CITY HIGH SCHOOLS LEARNED AND APPLIED BUILDING SCIENCE PRINCIPLES TO CONSTRUCT THE CARVER PASSIVE HUT IN CARVER'S MASONRY LAB. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,579 | ExpenseAmt |
| Desc | REQUITY CULINARY: REQUITY CULINARY AIMS TO OFFER WORK-BASED LEARNING AND TRAINING FOR CULINARY TRADE STUDENTS, COLLABORATING WITH PROFESSIONALS IN REAL-WORLD SETTINGS. THEY RECOGNIZE THE SIGNIFICANCE OF NOURISHMENT IN BUILDING CONNECTIONS AMONG COMMUNITY RESIDENTS, CARVER STUDENTS, AND THE REQUITY TEAM. IMPLEMENTING "WE ALL EAT WEDNESDAYS," REQUITY PARTNERS WITH CULINARY STUDENTS TO PLAN, PREP, COOK, AND DELIVER MEALS TO RESIDENTS ON THE 2100 AND 2200 BLOCKS OF PRESSTMAN STREET. MOREOVER, REQUITY CULINARY CATERS FOR VARIOUS REQUITY ENGAGEMENTS, INCLUDING BIWEEKLY CARVER FACULTY MEETINGS AND OTHER IMPORTANT EVENTS AT THE REQUITY HEADQUARTERS. THEIR EFFORTS AIM TO HARMONIZE WORK-BASED LEARNING WITH THE "FOOD SERVICE PRO" CURRICULUM, COVERING PROFESSIONAL FOOD PREPARATION, SAFETY, CUSTOMER SERVICE, ACCOUNTING, COST CONTROL, MARKETING, AND INVENTORY. SINCE OCTOBER 2023, THEY'VE PROVIDED OVER 913 MEALS TO THE PLEASANT PRESSTMAN COMMUNITY, INTEGRATING CULINARY EDUCATION WITH COMMUNITY SUPPORT. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $103,132 | ExpenseAmt |
| Desc | OTHER PROGRAM SERVICES OFFERED INCLUDING YOUTH BASEBALL AND BEAUTIFICATION | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $103,132 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $146,686 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL ROSENBAND | PersonNm |
| Phone | 6462490437 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 S MADEIRA ST | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| STANELY ARNOLD | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MONICA BRADLEY | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| STERLING HARDY | ||||||
| COMMUNICATIO | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL ROSENBAND | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| AMY SHEININ | ||||||
| MEMBER AT LA | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Federated Campaigns | $230,198 | FederatedCampaignsAmt |
| Total Contributions | $230,198 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $230,198 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,213 | TotalAmt |
| Program Services | $13,213 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,011 | TotalAmt |
| Program Services | $1,011 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200 | TotalAmt |
| Management And General | $1,200 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,921 | TotalAmt |
| Program Services | $88,308 | ProgramServicesAmt |
| Management And General | $84,613 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,098 | TotalAmt |
| Program Services | $923 | ProgramServicesAmt |
| Management And General | $4,175 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,236 | TotalAmt |
| Program Services | $199 | ProgramServicesAmt |
| Management And General | $19,037 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,838 | TotalAmt |
| Management And General | $18,838 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,128 | TotalAmt |
| Program Services | $3,190 | ProgramServicesAmt |
| Management And General | $938 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,857 | TotalAmt |
| Program Services | $1,857 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,446 | TotalAmt |
| Management And General | $10,446 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| UNIFORMS - PROGRAM SERVIC | $10,505 | $10,505 | |
| MEALS - OPERATIONS | $9,435 | $6,823 | $2,612 |
| CONSTRUCTION PSA2 | $4,853 | $4,853 | |
| WEBSITE DEVELOPMENT | $4,125 | $4,125 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,086 | TotalAmt |
| Program Services | $15,804 | ProgramServicesAmt |
| Management And General | $4,282 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $296,952 | TotalAmt |
| Program Services | $146,686 | ProgramServicesAmt |
| Management And General | $150,266 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,615 | BOYAmt |
| EOY | $199,726 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $758 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $12,242 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,482 | BOYAmt |
| EOY | $124,853 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,351 | BOYAmt |
| EOY | $336,821 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,703 | BOYAmt |
| EOY | $828 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,703 | BOYAmt |
| EOY | $828 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $401,648 | BOYAmt |
| EOY | $335,993 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $401,648 | BOYAmt |
| EOY | $335,993 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,351 | BOYAmt |
| EOY | $336,821 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$66,754 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,099 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $523,291 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $230,198 | CurrentTaxYearAmt |
| Total | $753,489 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $523,291 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $230,198 | CurrentTaxYearAmt |
| Total | $753,489 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $753,489 | PublicSupportTotal170Amt |
| Total Support | $753,489 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $758 | DepreciationAmt |
| Book Value | $12,242 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,242 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BUILDINGS TO BE SOLD | $118,383 |
| UNDEPOSITED FUNDS | $2,510 |
| GROUND RENT PURCHASE | $2,060 |
| SECURITY DEPOSIT | $1,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $124,853 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYROLL LIABILITIES | $866 |
| ADVANCE | -$38 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $828 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO BUILD CHARACTER, COMMUNITY AND CAREERS BY CULTIVATING RELEVANT AND TRANSFERABLE INTERPERSONAL SKILLS, APPLYING CLASSROOM LESSONS TO REAL-WORLD EXPERIENCES, AND CREATING PATHWAYS TO EQUITABLE EMPLOYMENT AND THRIVING CAREERS FOR ALL OF OUR STUDENTS |
| FORM 990, PAGE 2, PART III, LINE 4A | CARVER HOUSE: RENOVATIONS OF CARVER HOUSE PROVIDE SPECIALTY KNOWLEDGE AND WORK-BASED LEARNING FOR STUDENTS. BY APPLYING CLASSROOM LESSONS TO AUTHENTIC WORK, STUDENTS IN CARPENTRY, ELECTRICAL, MASONRY, INTERACTIVE MEDIA, BUSINESS, AND HVAC WILL BE TRAINED, EXPERIENCED, AND PREPARED TO JOIN A SPECIALIZED WORKFORCE FOR THE EMERGING LOW-CARBON EMISSIONS BUILDING INDUSTRY THROUGH APPRENTICESHIP AND PATHWAY PROGRAMS. THE CARVER HOUSE PROGRAM IS ALSO AIMING TO IMPLEMENT A CONSTRUCTION STANDARD THAT PRODUCES EXCEPTIONALLY ENERGY EFFICIENT, VIRTUALLY AIRTIGHT HOUSES WHERE MINIMUM ENERGY IS USED FOR HEATING AND COOLING, CURBING CLIMATE-RELATED EMISSIONS WHILE SAVING RESIDENTS UP TO NINETY PERCENT IN HEATING AND UTILITY COSTS. UTILIZING THESE TRADE SKILLS WILL BENEFIT THE NEIGHBORHOOD RESIDENTS THROUGH AFFORDABLE HOUSING AND A HEALTHIER INDOOR ENVIRONMENT. SUSTAINABLE BUILDING SCIENCE WILL CONTRIBUTE TO OUR ENVIRONMENTAL FOCUS OF REDUCING EMISSIONS FROM ENERGY CONSUMPTION AND IMPROVE STORM-WATER MANAGEMENT. OUR GOAL IS TO PRODUCE A SKILLED AND EMPLOYABLE CONSTRUCTION WORKFORCE TO SATISFY THE LABOR NEEDS IN BALTIMORE AND BEYOND. IN 2023 WORK REQUITY CONTINUED THE RENOVATION OF THE PILOT PROJECT, CARVER HOUSE. STUDENTS WORKED WITH MASONRY TEACHER TO COMPLETE THE NECESSARY MASONRY WORK IN THE BASEMENT & TEMPORARY ROOF REPAIRS, WHILE THE ARCHITECTURAL DESIGN AND PERMITTING WERE BEING COMPLETED THROUGH THE STATE OF MARYLAND. |
| FORM 990, PAGE 2, PART III, LINE 4C | REQUITY CULINARY: REQUITY CULINARY AIMS TO OFFER WORK-BASED LEARNING AND TRAINING FOR CULINARY TRADE STUDENTS, COLLABORATING WITH PROFESSIONALS IN REAL-WORLD SETTINGS. THEY RECOGNIZE THE SIGNIFICANCE OF NOURISHMENT IN BUILDING CONNECTIONS AMONG COMMUNITY RESIDENTS, CARVER STUDENTS, AND THE REQUITY TEAM. IMPLEMENTING "WE ALL EAT WEDNESDAYS," REQUITY PARTNERS WITH CULINARY STUDENTS TO PLAN, PREP, COOK, AND DELIVER MEALS TO RESIDENTS ON THE 2100 AND 2200 BLOCKS OF PRESSTMAN STREET. MOREOVER, REQUITY CULINARY CATERS FOR VARIOUS REQUITY ENGAGEMENTS, INCLUDING BIWEEKLY CARVER FACULTY MEETINGS AND OTHER IMPORTANT EVENTS AT THE REQUITY HEADQUARTERS. THEIR EFFORTS AIM TO HARMONIZE WORK-BASED LEARNING WITH THE "FOOD SERVICE PRO" CURRICULUM, COVERING PROFESSIONAL FOOD PREPARATION, SAFETY, CUSTOMER SERVICE, ACCOUNTING, COST CONTROL, MARKETING, AND INVENTORY. SINCE OCTOBER 2023, THEY'VE PROVIDED OVER 913 MEALS TO THE PLEASANT PRESSTMAN COMMUNITY, INTEGRATING CULINARY EDUCATION WITH COMMUNITY SUPPORT. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER PROGRAM SERVICES OFFERED INCLUDING YOUTH BASEBALL AND BEAUTIFICATION |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART IX, LINE 11G | CONTRACTORS PSA1 21,468 0 0 CONTRACTORS PSA2 10,382 0 0 CONTRACTORS PSA 3 5,185 0 0 CONTRACTORS - OPERATIONS 0 84,613 0 CONTRACOTS - PROGRAM SERVICE 51,273 0 0 TOTAL 88,308 84,613 0 |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 1,099 |