Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024
BCheck if applicable:
CName of organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1000 PARKWOOD CIRCLE SE 805
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30339
D Employer identification number

58-1533966
E Telephone number

G Gross receipts $ 5,652,471
F Name and address of principal officer:
PHILIP KENNEDY
1000 PARKWOOD CIRCLE SE SUITE 805
ATLANTA,GA30339
I
Tax-exempt status: (   ) (insert no.) or
J
Website:
THEAMERICANOPPORTUNITYFOUNDATION.COM
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number 7174
K Form of organization:  
L Year of formation: 1983
M State of legal domicile: GA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: OWNING AND SUPPORTING HOUSING FOR MODERATE-TO-LOW INCOME FAMILIES AND THE ELDERLY.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 5
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 3
5 Total number of individuals employed in calendar year 2024 (Part V, line 2a) ...... 5 2
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 5,553,500 1,626,800
9 Program service revenue (Part VIII, line 2g) ......... 340,098 970,964
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 2,614,058 3,054,707
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 0 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 8,507,656 5,652,471
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 434,487 487,655
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,070,975 1,310,375
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) 0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,330,510 1,491,167
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 2,835,972 3,289,197
19 Revenue less expenses. Subtract line 18 from line 12....... 5,671,684 2,363,274
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 71,992,207 76,191,238
21 Total liabilities (Part X, line 26)............. 376,318 641,009
22 Net assets or fund balances. Subtract line 21 from line 20..... 71,615,889 75,550,229
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2024)
Form 990 (2024)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: OWNING AND SUPPORTING HOUSING FOR MODERATE-TO-LOW INCOME FAMILIES AND THE ELDERLY.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 3,033,132 including grants of $ 487,655 ) (Revenue $ 970,964 )
OBTAINING FINANCING FOR AND ACQUIRING MULTIFAMILY LOW-INCOME HOUSING AND SUPPORTING THEIR OPERATION.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses3,033,132
Form 990 (2024)
Form 990 (2024)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment
List of Attached Documents:
// Content
.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment
List of Attached Documents:
// Content
....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment
List of Attached Documents:
// Content
..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment
List of Attached Documents:
// Content
.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment
List of Attached Documents:
// Content
............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment
List of Attached Documents:
// Content
......................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2024)
Form 990 (2024)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
List of Attached Documents:
// Content
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
List of Attached Documents:
// Content
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
List of Attached Documents:
// Content
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
0
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2024)
Form 990 (2024)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
2
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2024)
Form 990 (2024)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
5
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
3
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
GA , CA
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
KATHRYN WALKER1000 PARKWOOD CIRCLE SE SUITE 805   ATLANTA,GA30339 (770) 937-0377
Form 990 (2024)
Form 990 (2024)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) PHILIP J KENNEDY......................................................................
PRESIDENT, TRUSTEE
 35.00
.................
10.00 		X   X       515,000 0 83,720
(2) ROBERT R DERRICK......................................................................
TRUSTEE
 0.20
.................
  		X           15,000 0 0
(3) WILLIAM P FISHER III......................................................................
TRUSTEE
 0.20
.................
  		X           25,000 0 0
(4) JACK T HAMMER......................................................................
TRUSTEE
 0.20
.................
  		X           15,000 0 0
(5) KATHRYN WALKER......................................................................
VICE PRESIDENT, SECRETARY
 35.00
.................
10.00 		X   X       380,000 0 63,415
























Form 990 (2024)
Form 990 (2024)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;


























1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 950,000 0 147,135
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 2
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0
Form 990 (2024)
Form 990 (2024)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d 1,623,000
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f 3,800
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f....... 1,626,800
Program Service RevenueAmt Business Code
2a MANAGEMENT FEES 561000 591,800 591,800    
b INTEREST INCOME 900099 379,164 379,164    
c
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f ..... 970,964
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 3,054,707     3,054,707
4 Income from investment of tax-exempt bond proceeds        
5 Royalties...........        
(i) Real (ii) Personal
6a Gross rents 6a    
b Less: rental expenses 6b    
c Rental income or (loss) 6c    
d Net rental income or (loss).......        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a    
b Less: cost or other basis and sales expenses 7b    
c Gain or (loss) 7c    
d Net gain or (loss).........        
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..        
OtherRevenueMiscAmt
Business Code
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......  
12 Total revenue. See instructions..... 5,652,471 970,964 0 3,054,707
Form 990 (2024)
Form 990 (2024)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 484,000 484,000
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 3,655 3,655
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 1,251,471 1,091,524 159,947  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........        
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....        
9 Other employee benefits .......        
10 Payroll taxes ........... 58,904 53,014 5,890  
11 Fees for services (non-employees):        
a Management ......        
b Legal .........        
c Accounting ........... 8,000   8,000  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 31,250   31,250  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 22,551   22,551  
12 Advertising and promotion ....        
13 Office expenses ....... 17,026 12,026 5,000  
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 32,268 22,587 9,681  
17 Travel ............ 68,858 68,858    
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings ....        
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 5,666 2,833 2,833  
23 Insurance ... 3,018 1,509 1,509  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a BAD DEBTS 1,074,121 1,074,121    
b SOCIAL SERVICES EXPENSE 207,113 207,113    
c TELEPHONE 8,487 5,941 2,546  
d MISCELLANEOUS ADMINISTR 5,906   5,906  
e All other expenses 6,903 5,951 952  
25 Total functional expenses. Add lines 1 through 24e 3,289,197 3,033,132 256,065 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).        
Form 990 (2024)
Form 990 (2024)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 365,255 1 143,374
2 Savings and temporary cash investments ......... 552 2 4,499
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net ............. 232,730 4 205,249
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ........... 6,829,288 7 5,642,500
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 17,725 9 10,000
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 53,417
b Less: accumulated depreciation 10b 46,603 12,480 10c 6,814
11 Investments—publicly traded securities . 64,515,704 11 69,192,530
12 Investments—other securities. See Part IV, line 11 .....   12  
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 18,473 15 986,272
16 Total assets. Add lines 1 through 15 (must equal line 33)... 71,992,207 16 76,191,238
Liabilities 17 Accounts payable and accrued expenses ..... 363,886 17 340,547
18 Grants payable ...   18  
19 Deferred revenue ......... 12,432 19  
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 0 25 300,462
26 Total liabilities. Add lines 17 through 25.. 376,318 26 641,009
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 71,615,889 27 75,550,229
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 71,615,889 32 75,550,229
33 Total liabilities and net assets/fund balances ........ 71,992,207 33 76,191,238
Form 990 (2024)
Form 990 (2024)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
5,652,471
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
3,289,197
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
2,363,274
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
71,615,889
5
Net unrealized gains (losses) on investments ...............
5
1,571,066
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
75,550,229
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2024)
Form 990 (2024)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public
Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(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
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..            
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            
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.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
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.)..            
11 Total support. Add lines 7 through 10  
12
12
 
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
33 1/3% support test—2024. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2023. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . 855,000 24,168,455 31,540,000 5,553,500 1,626,800 63,743,755
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 475,597 755,319 410,337 340,098 970,964 2,952,315
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 1,330,597 24,923,774 31,950,337 5,893,598 2,597,764 66,696,070
7a Amounts included on lines 1, 2, and 3 received from disqualified persons           0
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.           0
c Add lines 7a and 7b..           0
8 Public support. (Subtract line 7c from line 6.) 66,696,070
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2020 (b) 2021 (c) 2022 (d) 2023 (e) 2024 (f) Total
9 Amounts from line 6... 1,330,597 24,923,774 31,950,337 5,893,598 2,597,764 66,696,070
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 652,834 153,690 584,702 2,383,963 3,054,707 6,829,896
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b. 652,834 153,690 584,702 2,383,963 3,054,707 6,829,896
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.).. 1,983,431 25,077,464 32,535,039 8,277,561 5,652,471 73,525,966
14
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow
Section C. Computation of Public Support Percentage
15
15
90.710 %
16
16
94.390 %
Section D. Computation of Investment Income Percentage
17
17
9.290 %
18
18
5.610 %
19a
33 1/3% support tests-2024. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3 % support tests—2023. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
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  
7
Schedule A (Form 990) 2024

Schedule A (Form 990) 2024
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
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 2024 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-2024 		(iii)
Distributable
Amount for 2024
1 Distributable amount for 2024 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2024:
a From 2019.......  
b From 2020.......  
c From 2021.......  
d From 2022.......  
e From 2023.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2024 distributable amount  
i Carryover from 2019 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2024 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2024 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2024, 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 2024. 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 2025. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2020.....  
b Excess from 2021.....  
c Excess from 2022.....  
d Excess from 2023.....  
e Excess from 2024.....  
Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990) 2024


Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
  		Employer identification number
58-1533966
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
  		Employer identification number

58-1533966
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
  		Employer identification number

58-1533966
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow  
b
Permanent endowment right arrow  
c
Term endowment right arrow  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements        
d Equipment ....   53,417 46,603 6,814
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 6,814
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow  
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
LEASE LIABILITY 462
DUE TO AFFILIATE 300,000







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 300,462
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 7,223,537
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 1,571,066
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d ..................... 2e 1,571,066
3 Subtract line 2e from line 1.................. 3 5,652,471
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c 0
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 5,652,471
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 3,289,197
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d.................... 2e 0
3 Subtract line 2e from line 1................... 3 3,289,197
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b..................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 3,289,197
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART X, LINE 2: THE CORPORATION IS CLASSIFIED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10 INCOME TAXES. IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION OF ASC 740-10 HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES.
Schedule D (Form 990) (Rev. 1-2025)


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Schedule I
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number
58-1533966
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) KENNESAW STATE UNIVERSITY FOUNDATION
1000 CHASTAIN ROAD NO 9101
KENNESAW,GA30144 		23-7034345 501(C)(3) 99,000 0     EMERGENCY HOUSING FOR HOMELESS STUDENTS, SCHOLARSHIPS & COMPUTERS
(2) WARRICK DUNN CHARITIES INC
229 PEACHTREE STREET NE SUITE 675
ATLANTA,GA30303 		42-1545318 501(C)(3) 50,000 0     SCHOLARSHIPS FOR DISADVANTAGED STUDENTS
(3) NAMI GEORGIA
4120 PRESIDENTIAL PKWY STE 200
ATLANTA,GA30340 		58-1466482 501(C)(3) 25,000 0     TO ASSIST THOSE WITH MENTAL ILLNESSES
(4) CHILDREN WITHOUT BEDS CORP
601 WEST CROSSVILLE RD
ROSWELL,GA30075 		82-3080153 501(C)(3) 30,000 0     PROVIDING BEDS TO UNDERPRIVILEDGE CHILDREN
(5) GEORGE HUGHES FOUNDATION
210 INTERSTATE N PKWY 700
ATLANTA,GA30339 		20-5447785 501(C)(3) 50,000 0     AWARD SCHOLARSHIPS TO HIGH SCHOOL SENIORS FROM THE NORTH METRO-ATLANTA AREA
(6) IRIE DELL GRANT MEMORIAL SCHOLARSHIP FUND
2912 KATHLEEN LN
FLOSSMOOR,IL60422 		84-4105210 501(C)(3) 10,000 0     AWARD EDUCATION SCHOLARSHIPS TO QUALIFIED STUDENTS
(7) THE NATIONAL ALUMNAE ASSOCIATION OF SPELMAN COLLEGE ATLANTA CHP
PO BOX 42828
ATLANTA,GA30311 		58-2170384 501(C)(3) 18,200 0     EDCATIONAL SCHOLARSHIPS TO QUALIFIED STUDENTS
(8) 826 NEW ORLEANS
1750 ST BERNARD AVE
NEW ORLEANS,LA70116 		47-2743923 501(C)(3) 15,000 0     SUPPORT YOUNG WRITERS THROUGH COLLABORATIONS WITH SCHOOLS AND COMMUNITIES
(9) THE BOYCE L ANSLEY SCHOOL INC
120 RALPH MCGILL BLVD
ATLANTA,GA30308 		82-3440705 501(C)(3) 110,000 0     ASSIST WITH THE EDUCATION OF CHILDREN FACING HOMELESSNESS
(10) SPELMAN COLLEGE
350 SPELMAN LANE SW
ATLANTA,GA30314 		58-0566243 501(C)(3) 6,800 0     EDCATIONAL SCHOLARSHIPS TO QUALIFIED STUDENTS
(11) BIG BROTHERS BIG SISTERS OF METRO ATLANTA INC
680 MURPHY AVE SW STE 1090
ATLANTA,GA30310 		58-0861895 501(C)(3) 52,000 0     MENTORING PROGRAM
(12) AOF GEORGIA AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE STE 805
ATLANTA,GA30339 		87-3241481 501(C)(3) 15,000 0     LOW INCOME AFFORDABLE HOUSING
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
12
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) Rev. 1-2025

Schedule I (Form 990) Rev. 1-2025
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) HERITAGE STATION FAMILY APARTMENTS 3 3,655      
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I (Form 990) Rev. 1-2025



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Schedule J
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1PHILIP J KENNEDY
PRESIDENT, TRUSTEE 		(i)

(ii)		 450,000
-------------
0 		50,000
-------------
0 		15,000
-------------
0 		42,991
-------------
0 		40,729
-------------
0 		598,720
-------------
0 		0
-------------
0
2KATHRYN WALKER
VICE PRESIDENT, SECRETARY 		(i)

(ii)		 285,000
-------------
0 		80,000
-------------
0 		15,000
-------------
0 		42,991
-------------
0 		20,424
-------------
0 		443,415
-------------
0 		0
-------------
0
Schedule J (Form 990) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A IN ACCORDANCE WITH ESTABLISHED CORPORATE TRAVEL POLICY FIRST CLASS TRAVEL MAY BE PERMITTED WITH PRIOR EXECUTIVE LEVEL APPROVAL BASED ON AN EVALUATION OF THE FOLLOWING CRITERIA: 1. SCHEDULE FLIGHT DURATION IN EXCESS OF 4 HOURS. 2. TIME OF DAY OF THE TRAVEL. 3. FARE DIFFERENTIAL WITH PUBLISHED COACH CLASS FARES. 4. AVAILABLE SEATING IN COACH CLASS. FIRST CLASS TRAVEL IS ALSO PERMITTED FOR LAST MINUTE NECESSARY CORPORATE TRAVEL WHEN NO COACH CLASS SEATS ARE AVAILABLE. COMPANION TRAVEL IS PERMITTED TO CORPORATE FUNCTIONS AND INDUSTRY SEMINAR AND NETWORKING GATHERINGS WHERE THE ABSENCE OF A SPOUSE OR COMPANION WOULD BE DEEMED CONSPICUOUS.
Schedule J (Form 990) (Rev. 1-2025)

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SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 WILL BE E-MAILED TO ALL BOARD MEMBERS TO REVIEW AND COMMENT.
FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE POLICY ANNUALLY AND SIGNS THE POLICY EACH YEAR, AS DO ALL OFFICERS.
FORM 990, PART VI, SECTION B, LINE 15 THE AMERICAN OPPORTUNITY FOUNDATION, INC HAS A COMPENSATION COMMITTEE AND UTILIZED A COMPENSATION STUDY PREPARED BY OUTSIDE, INDEPENDENT COMPENSATION CONSULTING FIRMS TO ASSIST IN SETTING TOP MANAGEMENT COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE BY REQUEST.
FORM 990, PART XII, LINE 2C: THE EXECUTIVE COMMITTEE OF THE BOARD HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. A MEMBER OF THE EXECUTIVE COMMITTEE SIGNS THE ANNUAL ENGAGEMENT LETTER FOR THE WORK TO BE PERFORMED BY THE INDEPENDENT ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) (Rev. 1-2025)


Additional Data


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SCHEDULE R
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
Open to Public Inspection
Name of the organization
THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Employer identification number

58-1533966
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)AOFATLANTA AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
58-2382647 		LOW INCOME HOUSING GA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(2)AOFBEXAR AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
58-2381397 		LOW INCOME HOUSING TX 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(3)AOFHOUSTON AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
58-2484113 		LOW INCOME HOUSING TX 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(4)AOFSHADYBROOK AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
58-2416462 		LOW INCOME HOUSING OK 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(5)BASTROP COMMUNITY DEVELOPMENT CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
20-4890384 		LOW INCOME HOUSING LA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(6)SOUTH FORTY COMMUNITY DEVELOPMENT CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
26-0530325 		LOW INCOME HOUSING MT 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(7)AOFPACIFIC AFFORDABLE HOUSING CORP
7755 CENTER AVENUE SUITE 575

HUNTINGTON BEACH,CA92647
33-0741689 		LOW INCOME HOUSING CA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(8)AOFGOLDEN STATE COMMUNITY DEVELOPMENT CORP
7755 CENTER AVENUE SUITE 575

HUNTINGTON BEACH,CA92647
33-0861387 		LOW INCOME HOUSING CA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(9)AOF BRISTOL AFFORDABLE HOUSING CORP
7755 CENTER AVENUE SUITE 575

HUNTINGTON BEACH,CA92647
45-5551346 		LOW INCOME HOUSING CA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(10)AOF FLORIDA AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
81-2682104 		LOW INCOME HOUSING FL 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(11)AOF HADLEY GARDENS AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
82-0798057 		LOW INCOME HOUSING FL 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(12)AOF OCEANSIDE AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
82-2074654 		LOW INCOME HOUSING FL 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(13)AOF MIAMI DADE AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
81-5278581 		LOW INCOME HOUSING FL 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(14)AOF HSI MANAGEMENT SERVICES CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
84-2147133 		LOW INCOME HOUSING GA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
(15)AOF GEORGIA AFFORDABLE HOUSING CORP
1000 PARKWOOD CIRCLE SE SUITE 805

ATLANTA,GA30339
87-3241481 		LOW INCOME HOUSING GA 501(C)(3) LINE 10 THE AMERICAN OPPORTUNITY FOUNDATION INC
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) 1024 ROYAL OAKS LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
20-0998307 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(2) 1315 MEADOW LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
33-2261995 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(3) 1625 ROSEMARIE LIMITED PARTNERSHIP

1516 S BUNDY DRIVE SUITE 300
LOS ANGELES,CA90025
95-4742397 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(4) 3200 LAKEWOOD LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
20-3746743 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(5) 3800 CROMWELL LIMITED PARTNERSHIP

1516 S BUNDY DRIVE SUITE 300
LOS ANGELES,CA90025
95-4742398 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(6) AHP - PARKWOOD LP

4075 PROSPECT AVE STE 101
YORBA LINDA,CA92886
47-0878702 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(7) CHICO GARDENS LIMITED PARTNERSHIP

1516 S BUNDY DRIVE SUITE 300
LOS ANGELES,CA90025
95-4742396 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(8) KDF HERMOSA LP

2801 W COAST HIGHWAY SUITE 250
NEWPORT BEACH,CA92663
80-0079910 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(9) KDF HESPERIA LP

230 NEWPORT CENTER DRIVE SUITE 210
NEWPORT BEACH,CA92660
20-3736331 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(10) KDF HESPERIA II LP

230 NEWPORT CENTER DRIVE SUITE 210
NEWPORT BEACH,CA92660
20-5198767 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(11) ONTARIO 4TH STREET LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
26-2498169 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(12) PINES AFFORDABLE HOUSING LLC

512 NORTH PINES ROAD
SPOKANE,WA99206
20-4242875 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(13) PONDEROSA AFFORDABLE SENIOR HOUSING

9314 E MONTGOMERY AVE
SPOKANE,WA99206
20-1904218 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(14) SAN JOSE ARTIST HOUSING LP

470 SOUTH MARKET STREET
SAN JOSE,CA95113
20-0983837 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(15) SILVERWOOD ALLIANCE APARTMENTS LLC

1120 E TERRACE ST SUITE 300
SEATTLE,WA98122
91-2137784 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(16) W-FOUNTAINS DIAMOND-BAR LP

2566 OVERLAND AVE 700
LOS ANGELES,CA90064
20-8673269 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(17) PACIFIC PARK EXECUTIVE PLAZA LP

4530 E THOUSAND OAKS BLVD STE 100
WESTLAKE VILLAGE,CA91362
82-0540216 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(18) VERANDA GREEN TNC LLC

1120 E TERRACE ST SUITE 300
SEATTLE,WA98122
20-8740216 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(19) ALE HOUSING LP

2 COOPER STREET
CAMDEN,NJ08101
26-1957584 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(20) CRESCENT MANOR PARTNERS LP

2607 2ND AVENUE SUITE 300
SEATTLE,WA98121
27-0736916 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(21) CAPITAL FORESIGHT COMMUNITIES I LP

2980 BEVERLY GLEN CIRCLE SUITE 300
BEL AIR,CA90077
27-5312853 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(22) RIALTO FAMILY HOUSING PARTNERS II LP

3105 EAST GUASTI ROAD SUITE 100
ONTARIO,CA917618641
45-3961684 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(23) RIALTO FAMILY HOUSING PARTNERS LP

3105 EAST GUASTI ROAD SUITE 100
ONTARIO,CA917618641
45-2688650 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(24) 1621 MESA DRIVE LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
27-5219666 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(25) APD HOUSING PARTNERS 21 LP

415 1ST AVENUE NORTH 19240
SEATTLE,WA98109
27-2043801 		AFFORDABLE HOUSING AK AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(26) LAUREL WOODS AFFORDABLE HOUSING LP

7755 CENTER AVENUE SUITE 575
HUNTINGTON BEACH,CA92647
20-5781295 		AFFORDABLE HOUSING CA AOFGOLDEN STATE COMMUNITY DEVELOPMENT CORP
  		N/A       No     No  
(27) AVHTV LP

7755 CENTER AVENUE SUITE 575
HUNTINGTON BEACH,CA92647
80-0640638 		AFFORDABLE HOUSING CA AOFGOLDEN STATE COMMUNITY DEVELOPMENT CORP
  		N/A       No     No  
(28) 7777 VALLEY VIEW LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
33-0789831 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(29) CAMINO MERCADO PARTNERS LP

4530 E THOUSAND OAKS BLVD SUITE 100
WESTLAKE VILLAGE,CA91362
22-3857055 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(30) DESERT VILLA PARTNERS LP

2607 2ND AVENUE SUITE 3002607 2ND A
SEATTLE,WA98121
45-4233117 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(31) APD HOUSING PARTNERS 16 LP

2 COOPER STREET
CAMDEN,NJ08101
26-2204759 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(32) ARLINGTON 8405 LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
45-3638993 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(33) 22702 PACIFIC PARK DRIVE LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
33-0556579 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(34) CALENDULA COURT HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
46-3797929 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(35) POMONA COMMUNITY PARTNERS LP

17731 MITCHELL N SUITE 200
IRVINE,CA92614
27-4337697 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(36) RESERVE AT EVERETT PARTNERS LLLP

323 TELEGRAPH ROAD
BELLINGHAM,WA98226
90-1006950 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(37) CATHEDRAL GARDENS PARTNERS LP

2607 2ND AVENUE SUITE 300
SEATTLE,WA98121
46-2579785 		AFFORDABLE HOUSING OR AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(38) SUMMERCREST APARTMENTS ASSOCIATES LP

18006 SKY PARK CIRCLE SUITE 200
IRVINE,CA92614
82-3433412 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(39) ST JOHNS PARTNERS LP

2607 2ND AVENUE SUITE 300
SEATTLE,WA98121
46-1458685 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(40) HERALD APARTMENTS LP

10573 WEST PICO BLVD 294
LOS ANGELES,CA90064
54-2093196 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(41) CF AVENTERRA II 2014 LP

2980 BEVERLY GLEN CIRCLE SUITE 300
BEL AIR,CA90077
32-0446738 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(42) PARK GRAND LANDMARK LP

10600 SANTA MONICA BOULEVARD
LOS ANGELES,CA90025
46-3827385 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(43) CF TUSCANY 2014 LP

2980 BEVERLY GLEN CIRCLE SUITE 300
BEL AIR,CA90077
47-1837795 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(44) CF CITRUS BREEZE 2014 LP

2980 BEVERLY GLEN CIRCLE SUITE 300
LOS ANGELES,CA90077
35-2513834 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(45) SUNNYLANE VILLAGE HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
46-4410258 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(46) SYCAMORE POINTE PARTNERSHIP LP

2566 OVERLAND AVE STE 700
LOS ANGELES,CA90064
46-5465045 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(47) TURNER HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
46-4410369 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(48) VILLAS AT LAKEWOOD PARTNERS LLLP

323 TELEGRAPH ROAD
BELLINGHAM,WA98226
46-1232211 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(49) 2555 WEST WINSTON ROAD LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
46-4618410 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(50) 1300 NORTH SHAFFER PARTNERS LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
33-0771023 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(51) SANTA MONICA AFFORDABLE PARTNERS LP

1100 PARK PLACE SUITE 200
SAN MATEO,CA94403
90-1006156 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(52) LA BREA AFFORDABLE PARTNERS LP

1100 PARK PLACE SUITE 200
SAN MATEO,CA94403
80-0942019 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(53) ISG CANOAS TERRACE LP

235 MONTGOMERY STREET SUITE 1169
SAN FRANCISCO,CA941015401
47-3533057 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(54) 15811 EAST ALICANTE ROAD LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
47-4748672 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(55) PC MEADOWGLEN LP LLC

4956 N 300 W STE 300
PROVO,UT84604
47-5670336 		AFFORDABLE HOUSING UT AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(56) WOODMARK PARTNERSHIP LP

2566 OVERLAND AVENUE SUITE 700
LOS ANGELES,CA90064
47-2873220 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(57) THE DOUGLAS LP

506 2ND AVENUE 20TH FLOOR
SEATTLE,WA98104
47-1554173 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(58) THE WINTHROP LP

506 2ND AVENUE 20TH FLOOR
SEATTLE,WA98104
32-0448449 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(59) RAYMOND MANOR HOLDINGS LLC

520 PIKE STREET SUITE 1010
SEATTLE,WA981014058
35-2519088 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(60) ANTELOPE VALLEY APARTMENT ASSOC LP

18006 SKY PARK CIRCLE 200
IRVINE,CA92614
30-0809206 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		        No     No  
(61) CF AVENTERRA I 2014 LP

2980 BEVERLY GLEN CIRCLE SUITE 300
BEL AIR,CA90077
30-0838320 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(62) EVERGREEN HOUSING PARTNERS LP

2607 2ND AVENUE SUITE 300
SEATTLE,WA98121
47-3561133 		AFFORDABLE HOUSING IL AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(63) LARC KENT STATION LLC

110 110TH AVE SUITE 550
BELLEVUE,WA98004
47-5646726 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(64) 1150 TESORO GROVE WAY LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
82-0942567 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(65) 1920 BATSON AVENUE LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
94-3296535 		AFFORDABLE HOUSING CA N/A
 N/A       No     No  
(66) WRIGHT PARK HOUSE LP

506 2ND AVENUE 20TH FLOOR
SEATTLE,WA98104
30-0931261 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(67) DESERT HOT SPRINGS PORTFOLIO HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
81-2795050 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(68) FINLEY SQUARE HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
81-4109955 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(69) ST MARKS PRESERVATION LP

250 WEST 55TH STREET 35TH FLOOR
NEW YORK,NY10019
81-3141519 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(70) VILLA RITA HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
81-4193460 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(71) LINDEN FLATS LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
30-0940263 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(72) JUNEAU SENIOR HOUSING PARTNERS LP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
30-0890175 		AFFORDABLE HOUSING AK AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(73) HOMESTEAD APARTMENTS LP

506 2ND AVENUE 20TH FLOOR
SEATTLE,WA98104
38-4038286 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(74) CASA PULETA APARTMENTS LP

310 N WESTLAKE BLVD SUITE 210
WESTLAKE VILLAGE,CA91362
81-3841345 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(75) VIEWCREST ALLIANCE APARTMENTS LLC

18006 SKY PARK CIRCLE SUITE 200
IRVINE,CA92614
73-1636992 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(76) OLYMPIA VISTA APARTMENT ASSOCIATES LLC

110 110TH AVE NE SUITE 550
BELLEVUE,WA98004
46-1693340 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(77) SAN CARLOS WILLARD ASSOCIATES LP

470 SOUTH MARKET STREET
SAN JOSE,CA95113
47-0873403 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(78) LARC BURIEN LLC

110 110TH AVE NE SUITE 550
BELLEVUE,WA98004
81-2742556 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(79) VILLA ESCONDIDO APARTMENTS LP

7755 CENTER AVENUE SUITE 575
HUNTINGTON BEACH,CA92647
38-4021496 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(80) HLH AFFORDABLE LP

701 S MYRTLE AVENUE
MONROVIA,CA91016
30-0877002 		AFFORDABLE HOUSING CA AOFGOLDEN STATE COMMUNITY DEVELOPMENT CORP
  		N/A       No     No  
(81) 10632 BOLSA AVENUE LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
81-4181936 		AFFORDABLE HOUSING CA AOFGOLDEN STATE COMMUNITY DEVELOPMENT CORP
  		N/A       No     No  
(82) PIERCE PARK APARTMENT ASSOCIATES LP

18006 SKY PARK CIRCLE 200
IRVINE,CA92647
47-5438328 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(83) DELANO GARDENS HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
82-2833634 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(84) ENCORE HOUSING LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
82-3949841 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(85) FAIRHAVEN HOUSING LIMITED PARTNERSHIP

3416 VIA OPORTO SUITE 301
NEWPORT BEACH,CA92663
81-3586604 		AFFORDABLE HOUSING OR AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(86) ADAMS CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4739443 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(87) ANGELS CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4799032 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(88) COCHRAN CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4559388 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(89) GARLAND CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4559392 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(90) GATEWAY CITY LIGHTS ASSOCIATES LP

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4757434 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(91) GRANDVIEW CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4651657 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(92) HAPPY VALLEY CITY LIGHTS

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4828368 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(93) MISSION CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4817630 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(94) WESTLAKE CITY LIGHTS

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4559395 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(95) WILSHIRE CITY LIGHTS ASSOCIATES

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
95-4799029 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(96) KING CROSSING HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
81-2776671 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(97) SANTA INEZ APARTMENTS LP

7755 CENTER AVENUE SUITE 575
HUNTINGTON BEACH,CA92647
82-3399309 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(98) SPRINGTREE WISHROCK LIMITED PARTNERSHIP

THREE CANAL PLAZA SUITE 501
PORTLAND,ME04101
82-3878387 		AFFORDABLE HOUSING OR AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(99) WILLOW CROSSING LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
83-1838622 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(100) 1996 MAPLE AVENUE LP

500 NEWPORT CENTER DRIVE SUITE 200
NEWPORT BEACH,CA92660
27-0342779 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(101) CLAREMONT VILLAGE VENTURE LP

2711 N SEPULVEDA BLVD 526
MANHATTAN BEACH,CA90266
82-3601000 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(102) PARKWOOD MANOR HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
82-2907073 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(103) CASA PAREDES HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
82-2630210 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(104) LIH ARBOR SQUARE LP

10866 WILSHIRE BLVD STE 565
LOS ANGELES,CA90024
84-2573663 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(105) HAMPSTEAD VILLA MIRAGE PARTNERS LP

250 W 55TH STREET FL 35
NEW YORK,NY10019
45-4254505 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(106) HAMPSTEAD MONO HILLTOP PARTNERS LP

250 W 55TH STREET FL 35
NEW YORK,NY10019
45-3142384 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(107) HAMPSTEAD WASCO ARMS PARTNERS LP

250 W 55TH STREET FL 35
NEW YORK,NY10019
45-3180892 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(108) CASA IMPERIAL HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
82-5198570 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(109) BROADWAY VISTAS A CALIFORNIA LIMITED PARTNERSHIP

3250 WILSHIRE BLVD SUITE 1805
LOS ANGELES,CA90010
06-1650153 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(110) LAKESIDE APARTMENT HOUSING LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
83-2376967 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(111) NEW ZION MANOR 2016 LP

20250 HARPER AVENUE
DETROIT,MI48225
47-5173725 		AFFORDABLE HOUSING MI AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(112) PINE VIEW PRESERVATION LP

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
83-4363751 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(113) VILLA VALLEY APARTMENTS LP

18006 SKY PARK CIRCLE 200
IRVINE,CA92614
84-2247447 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(114) QUAIL RUN PRESERVATION LLC

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
83-3274956 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(115) WHISPERWOOD PRESERVATION LLC

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
83-3292860 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(116) WINDSTONE APARTMENTS LLC

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
83-3308520 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(117) CAMERON VILLA 2018 LP

20250 HARPER AVENUE
DETROIT,MI48225
83-2178616 		AFFORDABLE HOUSING MI AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(118) CHANNEL ISLAND APARTMENTS LP

18006 SKY PARK CIRCLE 200
IRVINE,CA92614
82-3533900 		AFFORDABLE HOUSING DE AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(119) HERMOSA 2019 LP

230 NEWPORT CENTER DRIVE SUITE 210
NEWPORT BEACH,CA92660
83-4715616 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(120) MISSION COTTAGES LP

7777 CENTER AVENUE SUITE 230
HUNTINGTON BEACH,CA92647
82-1354730 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(121) FORT VANCOUVER PRESERVATION LLC

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
84-3873172 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(122) DENAIR MANOR 2019 LP

20250 HARPER AVENUE
DETROIT,MI48225
84-3711259 		AFFORDABLE HOUSING MI AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(123) DORIE MILLER MANOR HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
84-4564010 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(124) DONNER TRAIL MANOR HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
84-3540064 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(125) TAHOE PINES APARTMENTS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
84-4767646 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(126) ECLIPSE FREMONT LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
84-4619043 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(127) SURFSIDE OWNER LP

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
87-1356207 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(128) VUE ALAMEDA OWNER LP

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
85-1535530 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(129) SCRIPPS MRU OWNER LP

1100 PARK PLACE SUITE 200
SAN MATEO,CA94403
84-3185432 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(130) VILLAS AT CHANNEL ISLANDS LP

4530 E THOUSAND OAKS BLVD SUITE 100
WESTLAKE VILLAGE,CA91362
85-0956361 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(131) SCRIPPS AU OWNER LP

1100 PARK PLACE SUITE 200
SAN MATEO,CA94403
84-3195801 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(132) MERGE 56 AFFORDABLE LP

3525 DEL MAR HEIGHTS RD NUM 211
SAN DIEGO,CA92130
88-1421508 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(133) GMD RENTON LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
85-3296772 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(134) VICTORY NORTHGATE LLLP

520 PIKE STREET SUITE 1010
SEATTLE,WA98101
88-4243469 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(135) MENLO PARK HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
82-4423737 		AFFORDABLE HOUSING AZ AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(136) KERN COUNTY HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
87-2591601 		AFFORDABLE HOUSING CA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(137) BLUFFS AT EVERGREEN EXCHANGE LLC

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
87-3985741 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(138) CASA DE PAZ FILLMORE HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
88-1431035 		AFFORDABLE HOUSING AZ AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(139) CATALINA SQUARE HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
92-3256241 		AFFORDABLE HOUSING AZ AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(140) MARICOPA COUNTY HOUSING PARTNERS LP

26565 WEST AGOURA ROAD SUITE 200
CALABASAS,CA91302
84-4511430 		AFFORDABLE HOUSING AZ AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(141) DUNEAN MILL APARTMENTS LP

401 WILSHIRE BOULEVARD SUITE 1100
SANTA MONICA,CA90401
87-2530809 		AFFORDABLE HOUSING SC AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(142) CROSSROADS APARTMENTS LLC

121 11TH AVE E
SEATTLE,WA98102
35-2830309 		AFFORDABLE HOUSING WA AOFPACIFIC AFFORDABLE HOUSING CORP
  		N/A       No     No  
(143) ALICE COURT APARTMENTS LP

3920 BIRCH STREET SUITE 103
NEWPORT BEACH,CA92660
99-1765226 		AFFORDABLE HOUSING CA AFFORDABLE HOUSING ACCESS INC
  		N/A       No     No  
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) HSI MANAGEMENT INC

1000 PARKWOOD CIRCLE SE SUITE 805
ATLANTA,GA30339
58-1119868 		MANAGEMENT OF AFFORDABLE HOUSING GA AOF HSI MANAGEMENT SERVICES CORP
  		C         No
(2) AOF WISCONSIN LLC

7755 CENTER AVENUE SUITE 575
HUNTINGTON BEACH,CA92647
92-2831062 		MANAGEMENT OF AFFORDABLE HOUSING WI AOFPACIFIC AFFORDABLE HOUSING CORP
  		C         No










Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
Yes
 
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) AOFPACIFIC AFFORDABLE HOUSING CORP

 C 460,000 COST
(2) AOFPACIFIC AFFORDABLE HOUSING CORP

 L 180,000 COST
(3) HSI MANAGEMENT INC

 D 995,877 COST
(4) AOFHOUSTON AFFORDABLE HOUSING CORP

 C 300,000 COST
(5) AOF GEORGIA AFFORDABLE HOUSING CORP

 D 1,293,191 COST
(6) AOF MIAMI DADE AFFORDABLE HOUSING CORP

 C 835,000 COST
(7) AOF GEORGIA AFFORDABLE HOUSING CORP

 A 90,000 COST
(8) AOFPACIFIC AFFORDABLE HOUSING CORP

 A 291,335 COST
(9) WILLOW CROSSING LLLP

 A 8,516 COST
(10) AOFPACIFIC AFFORDABLE HOUSING CORP

 D 5,972,500 COST
(11) AOF MIAMI DADE AFFORDABLE HOUSING CORP

 E 300,000 COST
(12) EL CID AFFORDABLE HOUSING CORP

 L 104,000 FMV
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) (Rev. 1-2025)

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