2024-06-28T11:28:01-07:00 2023-12-31 860553260 Janice Moen CPA 12 Vista Drive Hooksett NH 03106 990 2023-01-01 831080761 Aequitas Education AEQU 5058629498 104 E Aztec Ave Gallup NM 87301 Patrick T Mason President 2024-06-28 true Patrick T Mason 999009999 true Janice Moen CPA P01206712 5052502231 X 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Patrick T Mason 104 E Aztec Ave Gallup NM 87301 1420045 false X https://aequitaseducation.org/ X 2017 NM Supporting high-quality education in the liberal arts for all people with classical learning, high expectations, moral character and civic virtue. 3 3 0 15 0 33067 5045 0 0 509674 714164 542741 719209 395004 0 0 0 0 0 277744 305518 672748 305518 -130007 413691 7740158 8540718 7293304 7680173 446854 860545 Supporting high-quality education in the liberal arts for all people.Classical Learning: Proper education does not rely on modern tricks or gimmicks for learning, but rather on the self-discipline of students and the natural joy of learning the True, the Good, and the Beautiful.High Expectations: Proper education is one that upholds a standard of excellence and is based on the truth that students will achieve their best potential when challenged with high expectations.Moral Character: Students educated in a holistic program are more likely to develop a strong moral character and live a life of virtue.Civic Virtue: Students should be taught not only how to excel in academics, but also how to excel in their communities and how to act for the Common Good of all. false false 250331 Supported the continued develop and operation of Hozho Academy Charter School in New Mexico. This school is currently Grades K-9 and serves 715 full time students. Approximately 60% Native American and 15% Hispanic. As part of these efforts, we purchased additional portables and also continued renovation of the permanent facility. Supported other local organizations in the area that are focused on formation of the population in various ways.Supported need-based scholarships for minority students at Sacred Heart Catholic School. 250331 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false 0 false false false false false false false X 3 3 true false false false false false false true true false false true true true true true false false false false NM X Patrick T Mason 5058629498 104 E Aztec Ave Gallup NM 87301 X Patrick T Mason President 12.00 0.00 X X 0 0 0 Michael D Byrne Vice President 0.50 0.00 X X 0 0 0 Shane Terrill Secretary/Tres. 0.50 0.00 X X 0 0 0 0 false false false 0 5045 5045 0 0 0 0 1415000 700836 714164 714164 714164 0 0 0 0 0 719209 714164 X 0 0 0 0 0 0 0 0 0 0 0 0 49698 49698 0 0 0 57292 56342 950 0 0 3259 3259 0 189476 189476 0 0 0 0 0 0 0 Miscellaneous expenses 3948 3948 Classroom supplies 1254 1254 Bank fees 591 591 0 305518 250331 55187 0 10336 7268 0 0 210579 0 0 0 0 0 8055170 451763 7729822 7603407 0 0 0 0 719464 7740158 8540718 102853 47071 7022451 6817890 168000 815212 7293304 7680173 X 446854 860545 446854 860545 7740158 8540718 413691 X false true X true false X 400000 754081 249681 33067 5045 1441874 0 70227 -105062 393615 509674 714164 1582618 0 0 470227 649019 643296 542741 719209 3024492 0 0 3024492 0 0 0 0 470227 649019 643296 542741 719209 3024492 1.00000 1.00000 0.00000 X 895000 895000 6878595 394152 6484443 281575 57611 223964 7603407 Right-of-use Asset 719462 Rounding 2 719464 Grants Payable 77000 Right-of-use liability 738212 815212 X 1420045 700836 700836 719209 719209 1006354 700836 700836 305518 305518 Part X : FIN48 Footnote Aequitas Education is a not-for-profit organization that is exempt from federal and New Mexico income taxes under Section 501(c)(3) of the Internal Revenue Code. Aequitas Education is also exempt from paying gross receipt tax on the purchase of tangible personal property, real estate, and personal property taxes to the State of New Mexico. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental expenses netted against revenue $700836 Part XII, Line 2d: Other expenses and losses per audited F/S Rental expenses netted against revenue $700836 Form 990, Part VI, Section A, Line 2 Shane Terrill is Brother-In Law of Patrick Mason. Form 990, Part VI, Section B, Line 11b The organization provides a copy of this Form 990 to all members of its governing body before filing with IRS. Form 990, Part VI, Section B, Line 12c Aequitas Education has a conflict of interest policy which includes having all new board members sign an acknowledgement they have read and understood the policy. All board members are required annually and in writing to disclose all businesses or other organizations of which they receive compensation or remuneration of any sort, with which Aequitas Education competes or with which Aequitas Education has, or might reasonably in the future enter into, a relationship or a transaction. Aequitas Education also has a policy directing the Board Chair and other Board Members on how to disclose a potential conflict of interest when issues are discussed or voted on, which includes disclosure and the party removing themselves from the meeting during discussion and vote. Form 990, Part VI, Section C, Line 19 Governing documents, policies, financial statements and the IRS Form 990 are made available to the public upon request within three working days of the date the request was made.