Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 35,375,561 | 32,242,918 | 27,046,069 | 18,573,450 | 12,204,500 | 125,442,498 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 35,375,561 | 32,242,918 | 27,046,069 | 18,573,450 | 12,204,500 | 125,442,498 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | 125,442,498 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 35,375,561 | 32,242,918 | 27,046,069 | 18,573,450 | 12,204,500 | 125,442,498 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 2,964 | 0 | 0 | 0 | 7,998 | 10,962 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 49,985 | 49,961 | 40,239 | 57,223 | 153,840 | 351,248 |
| 11 | Total support. Add lines 7 through 10 | 125,804,708 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER REVENUE - 2017 AMOUNT: $ 49,985. 2018 AMOUNT: $ 49,961. 2019 AMOUNT: $ 40,239. 2020 AMOUNT: $ 57,223. INSURANCE SETTLEMENT - 2021 AMOUNT: $ 132,836. REIMBURSEMENTS - 2021 AMOUNT: $ 21,004. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 3 | ON OCTOBER 15, 2021, AGUILA, INC. ("AGUILA") FILED A CHAPTER 11 PETITION IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK *CASE NO. 21-11776 - MG). BY ORDER DATED JUNE 24, 2022 ("CONFIRMATION ORDER"), THE BANKRUPTCY COURT CONFIRMED THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS' SECOND AMENDED PLAN OF LIQUIDATION ("CHAPTER 11 PLAN"). THE CHAPTER 11 PLAN WENT EFFECTIVE JULY 12, 2022. PURSUANT TO THE CONFIRMATION ORDER AND CHAPTER 11 PLAN, LORI LAPIN JONES, ESQ. WAS APPOINTED PLAN ADMINISTRATOR. AS OF JUNE 30, 2022, AGUILA CEASED OPERATIONS AND AS OF AUGUST 31, 2022, AGUILA HAS NO EMPLOYEES. THE PLAN ADMINISTRATOR IS OVERSEEING THE WINDDOWN OF THE CHAPTER 11 CASE WHICH INCLUDES, BUT IS NOT LIMITED TO, SELLING ASSETS, COLLECTING ACCOUNTS RECEIVABLE, REVIEWING CLAIMS, AND MAKING DISTRIBUTIONS TO CREDITORS. THE PLAN ADMINISTRATOR HAS BEEN INFORMED THAT IN OR ABOUT 2020 (PRIOR TO THE FILING OF THE CHAPTER 11 CASE), THE NEW YORK STATE ATTORNEY GENERAL ("NYAG") EXECUTED A SUBPOENA ON AGUILA'S OFFICES AND SEIZED RECORDS AS PART OF AN INVESTIGATION OF AGUILA'S THEN CHIEF EXECUTIVE OFFICER. THE PLAN ADMINISTRATOR IS FURTHER INFORMED THAT THE NYAG KEPT ALL OF AGUILA'S ORIGINAL RECORDS AND RETURNED RECORDS TO AGUILA IN ELECTRONIC FORM. THE INFORMATION PROVIDED BY THE PLAN ADMINISTRATOR IS BASED ON AGUILA'S RECORDS AVAILABLE TO THE PLAN ADMINISTRATOR. THE PLAN ADMINISTRATOR CANNOT ATTEST TO THE ACCURACY OR COMPLETENESS OF THESE RECORDS BUT HAS NO REASON TO BELIEVE THE RECORDS ARE NOT ACCURATE. |
| FORM 990, PART VI, SECTION B, LINE 11B | AGUILA, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE PLAN ADMINISTRATOR AND FINANCIAL CONSULTANT. WHEN IT IS APPROVED, THE 990 IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BEFORE THE ORGANIZATION FILED FOR BANKRUPTCY, EACH DIRECTOR, OFFICER, COMMITTEE MEMBER, AND EMPLOYEE WAS REQUIRED TO ANNUALLY SIGN A DISCLOSURE STATEMENT THAT AFFIRMED HE OR SHE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND COMPLIED WITH THE POLICY. THE DISCLOSURE STATEMENT ADDITIONALLY REQUIRED THE IDENTIFICATION OF POTENTIAL COVERED TRANSACTIONS. IF THE BOARD OR COMMITTEE DETERMINED THAT A COVERED TRANSACTION WOULD CREATE A CONFLICT OF INTEREST, THE COVERED TRANSACTION WOULD HAVE BEEN APPROVED IN ADVANCE BY THE BOARD OR COMMITTEE, ACTING WITHOUT THE INFLUENCE OR PARTICIPATION OF THE COVERED PERSON, IN ACCORDANCE WITH THE FOLLOWING PROCEDURES: THE COVERED PERSON MAY NOT BE PRESENT DURING ANY DISCUSSION OF THE COVERED TRANSACTION OTHER THAN TO ANSWER QUESTIONS. HE OR SHE FURTHERMORE MAY NOT VOTE ON THE COVERED TRANSACTION OR BE PRESENT WHEN THE VOTE IS TAKEN. THE BOARD OR COMMITTEE REVIEWED AVAILABLE INFORMATION REGARDING THE COST OR BENEFIT OF COMPARABLE TRANSACTIONS OR ARRANGEMENTS, IF ANY, AND MAY INVESTIGATE WHETHER THE CORPORATION SHOULD AND IS ABLE TO OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE DETERMINED BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE COVERED TRANSACTION IS IN THE CORPORATION'S BEST INTERESTS, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THAT DETERMINATION, THE BOARD OR COMMITTEE MADE ITS DECISION AS TO WHETHER TO ENTER INTO THE COVERED TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION WAS REVIEWED AND WAS SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | AGUILA, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS WERE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART IX, LINE 11G | SECURITY SERVICES: PROGRAM SERVICE EXPENSES 1,356,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,356,359. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 5,541. MANAGEMENT AND GENERAL EXPENSES 138,811. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,352. PAYROLL PROCESSING SERVICES: PROGRAM SERVICE EXPENSES 19,683. MANAGEMENT AND GENERAL EXPENSES 7,487. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,170. |
| FORM 990: | THE PLAN ADMINISTRATOR'S APPOINTMENT WAS EFFECTIVE IN JULY 2022. ALL OF THE INFORMATION REFLECTED ON THE RETURN PRECEDED THE PLAN ADMINISTRATOR'S APPOINTMENT. ACCORDINGLY, SHE DOES NOT HAVE FIRST-HAND KNOWLEDGE OF CERTAIN INFORMATION IN THE RETURN, BUT HAS NO REASON TO BELIEVE THAT PRIOR REPRESENTATIONS ON THE FORM 990'S ARE INCORRECT. |
| Software ID: | |
| Software Version: |