REQUITY FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- REQUITY FOUNDATION INC (EIN 84-5001046)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-18
- IRS object ID
- 202343229349300219
- Schema version
- 2022v5.0
- 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 | 2023-11-18T18:58:16-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | 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 | 2023-11-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | ROSENBAND | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | 2023-11-18 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | 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 | $523,291 | 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 | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $523,291 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| CY Total Revenue | $523,291 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $31,120 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| CY Other Expenses | $104,722 | CYOtherExpensesAmt |
| CY Total Expenses | $135,842 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $387,449 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,199 | TotalAssetsBOYAmt |
| Total Assets EOY | $405,351 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $3,703 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,199 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $401,648 | 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 | $21,831 | ExpenseAmt |
| Desc | CARVER HOUSE, REQUITYS SIGNATURE PROJECT, IS FOCUSED ON RENOVATING A VACANT ROWHOUSE WITH HIGH SCHOOL STUDENTS INTO AN AFFORDABLE NET-ZERO HOME. PARTNERING WITH NEIGHBORING CARVER VO-TECH HIGH SCHOOL, CARVER HOUSE ALIGNS PROJECT-BASED LEARNING WITH THE VOCATION CURRICULUM. BY APPLYING CLASSROOM LESSONS TO AUTHENTIC WORK, STUDENTS IN CARPENTRY, ELECTRICAL, MASONRY, INTERACTIVE MEDIA, BUSINESS, AND HVAC ARE TRAINED, EQUIPPED, AND EXPERIENCED FOR CONSTRUCTION JOBS AND CAREER PATHWAYS. OUR GOAL IS TO PRODUCE A SKILLED AND EMPLOYABLE CONSTRUCTION WORKFORCE TO SATISFY THE LABOR NEED IN BALTIMORE. THIS WORK IS ESSENTIAL BECAUSE DESPITE LEARNING CONSTRUCTION TRADES AND GRADUATING, BALTIMORE CITY HIGH SCHOOL STUDENTS FROM VOCATIONAL PROGRAMS EARN FAR BELOW NATIONAL AVERAGES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,284 | ExpenseAmt |
| Desc | REQUITY WAS AWARDED TWO BEAUTIFICATION GRANTS FROM THE UNITED WAY OF CENTRAL MARYLAND TO PROVIDE A VIBRANT NEIGHBORHOOD SPACE FOR THE RESIDENTS LIVING ON 2200 PRESSTMAN AND THE STUDENTS ATTENDING CARVER VOCATIONAL TECHNICAL HIGH SCHOOL. THROUGH LANDSCAPING AND THE INSTALLATION OF SOLAR POWERED LIGHTING, REQUITY IS COLLABORATING WITH THE LOCAL COMMUNITY TO HELP IMPROVE SAFETY. THE ENERGY EFFICIENCY OF PRESSTMAN STREET CAN BE IMPROVED THROUGH AN ADDED TREE CANOPY, WHICH WILL HELP REGULATE HEATING AND COOLING. THE STREET OFFERS AN OPPORTUNITY FOR COMMUNITY DRIVEN BEAUTIFICATION AND CLEAN UP, WHILE PROVIDING AN OPPORTUNITY FOR CARVER STUDENTS TO RECEIVE VOCATIONAL EXPERIENCE. REQUITY AIMS TO SUPPORT THE COMMUNITY WITH SUPPLIES, INSTALLATION, AND COMMUNITY MEETINGS TO KEEP RESIDENTS INFORMED AND BUILD ONGOING, SUSTAINABLE PARTNERSHIPS. PLEASANT PRESSTMAN IS A COLLABORATIVE EFFORT TO GIVE THE RESIDENTS OWNERSHIP OF THEIR NEIGHBORHOOD AND HAVE A VOICE IN ITS DEVELOPMENT. THIS PARTNERSHIP PROVIDES FOR ORGANIC COMMUNITY ENGAGEMENT, PROVIDING RESIDENTS OPPORTUNITIES FOR NETWORKING AND WORK OPPORTUNITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $36,115 | 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 | false | 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 | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | 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 | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | 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 |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MICHAEL ROSENBAND | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | Yes (X) | $25,001 | $0 | $0 |
| STANELY ARNOLD | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| AMY SHEININ | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $25,001 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Federated Campaigns | $478,060 | FederatedCampaignsAmt |
| Government Grants | $45,231 | GovernmentGrantsAmt |
| Total Contributions | $523,291 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $523,291 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,001 | TotalAmt |
| Management And General | $25,001 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,931 | TotalAmt |
| Program Services | $2,140 | ProgramServicesAmt |
| Management And General | $1,791 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,188 | TotalAmt |
| Program Services | $58 | ProgramServicesAmt |
| Management And General | $2,130 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,750 | TotalAmt |
| Management And General | $2,750 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,706 | TotalAmt |
| Program Services | $31,138 | ProgramServicesAmt |
| Management And General | $37,568 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,001 | TotalAmt |
| Program Services | $940 | ProgramServicesAmt |
| Management And General | $3,061 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,903 | TotalAmt |
| Program Services | $14 | ProgramServicesAmt |
| Management And General | $4,889 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,032 | TotalAmt |
| Management And General | $1,032 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,687 | TotalAmt |
| Management And General | $2,687 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,763 | TotalAmt |
| Management And General | $5,763 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| AUTO | $3,663 | $3,663 | |
| AWARDS | $3,018 | $3,018 | |
| MEALS | $2,850 | $1,665 | $1,185 |
| UNIFORMS | $1,652 | $1,343 | $309 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,697 | TotalAmt |
| Program Services | $331 | ProgramServicesAmt |
| Management And General | $3,366 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,842 | TotalAmt |
| Program Services | $36,115 | ProgramServicesAmt |
| Management And General | $99,727 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,199 | BOYAmt |
| EOY | $337,615 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $254 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $67,482 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,199 | BOYAmt |
| EOY | $405,351 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,703 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $3,703 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,260 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,199 | BOYAmt |
| EOY | $398,388 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,199 | BOYAmt |
| EOY | $401,648 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,199 | BOYAmt |
| EOY | $405,351 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $387,449 | ReconcilationRevenueExpnssAmt |
| 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 | $523,291 | CurrentTaxYearAmt |
| Total | $523,291 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $523,291 | CurrentTaxYearAmt |
| Total | $523,291 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $523,291 | PublicSupportTotal170Amt |
| Total Support | $523,291 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| 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 Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BUILDINGS TO BE SOLD | $66,705 |
| UNDEPOSITED FUNDS | $777 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $67,482 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| Amt | $3,703 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,703 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 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, REQUITYS SIGNATURE PROJECT, IS FOCUSED ON RENOVATING A VACANT ROWHOUSE WITH HIGH SCHOOL STUDENTS INTO AN AFFORDABLE NET-ZERO HOME. PARTNERING WITH NEIGHBORING CARVER VO-TECH HIGH SCHOOL, CARVER HOUSE ALIGNS PROJECT-BASED LEARNING WITH THE VOCATION CURRICULUM. BY APPLYING CLASSROOM LESSONS TO AUTHENTIC WORK, STUDENTS IN CARPENTRY, ELECTRICAL, MASONRY, INTERACTIVE MEDIA, BUSINESS, AND HVAC ARE TRAINED, EQUIPPED, AND EXPERIENCED FOR CONSTRUCTION JOBS AND CAREER PATHWAYS. OUR GOAL IS TO PRODUCE A SKILLED AND EMPLOYABLE CONSTRUCTION WORKFORCE TO SATISFY THE LABOR NEED IN BALTIMORE. THIS WORK IS ESSENTIAL BECAUSE DESPITE LEARNING CONSTRUCTION TRADES AND GRADUATING, BALTIMORE CITY HIGH SCHOOL STUDENTS FROM VOCATIONAL PROGRAMS EARN FAR BELOW NATIONAL AVERAGES. |
| FORM 990, PAGE 2, PART III, LINE 4B | REQUITY WAS AWARDED TWO BEAUTIFICATION GRANTS FROM THE UNITED WAY OF CENTRAL MARYLAND TO PROVIDE A VIBRANT NEIGHBORHOOD SPACE FOR THE RESIDENTS LIVING ON 2200 PRESSTMAN AND THE STUDENTS ATTENDING CARVER VOCATIONAL TECHNICAL HIGH SCHOOL. THROUGH LANDSCAPING AND THE INSTALLATION OF SOLAR POWERED LIGHTING, REQUITY IS COLLABORATING WITH THE LOCAL COMMUNITY TO HELP IMPROVE SAFETY. THE ENERGY EFFICIENCY OF PRESSTMAN STREET CAN BE IMPROVED THROUGH AN ADDED TREE CANOPY, WHICH WILL HELP REGULATE HEATING AND COOLING. THE STREET OFFERS AN OPPORTUNITY FOR COMMUNITY DRIVEN BEAUTIFICATION AND CLEAN UP, WHILE PROVIDING AN OPPORTUNITY FOR CARVER STUDENTS TO RECEIVE VOCATIONAL EXPERIENCE. REQUITY AIMS TO SUPPORT THE COMMUNITY WITH SUPPLIES, INSTALLATION, AND COMMUNITY MEETINGS TO KEEP RESIDENTS INFORMED AND BUILD ONGOING, SUSTAINABLE PARTNERSHIPS. PLEASANT PRESSTMAN IS A COLLABORATIVE EFFORT TO GIVE THE RESIDENTS OWNERSHIP OF THEIR NEIGHBORHOOD AND HAVE A VOICE IN ITS DEVELOPMENT. THIS PARTNERSHIP PROVIDES FOR ORGANIC COMMUNITY ENGAGEMENT, PROVIDING RESIDENTS OPPORTUNITIES FOR NETWORKING AND WORK OPPORTUNITIES. |
| 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 | CURRICULUM DEVELOPMENT 1,850 0 0 CONTRACTORS 17,813 37,568 0 CONTRACTORS PSA 2 11,475 0 0 TOTAL 31,138 37,568 0 |