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Nonprofit · EIN 37-1876713

AEROX FOUNDATION

Tax-exempt · WINSTON SALEM, NC 27120

Financials

$405K$410K2023$4K$5K2024
Revenue Expenses · by fiscal year end
Financials of AEROX FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,500$5,147-$1,647$14,083$0$14,083
December 31, 2023990$405,000$409,547-$4,547$15,730$0$15,730
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,500
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,000
Salaries, compensation and benefits (total)
$1,000
Professional fundraising fees
$0
Legal fees
$2,390
Management and general (functional)
$5,147

Balance sheet and other

Total assets, start of year
$15,730
Total assets, end of year
$14,083
Total liabilities, end of year
$0
Net assets, end of year
$14,083
Land, buildings and equipment
$13,054
Gross receipts
$3,500
Employees
0
Volunteers
3
Year formed
2017
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
L DAVID MOUNTSPRESIDENT
Trustee or director, Officer
0$0
BASIL YAPSECRETARY & TREASURER
Trustee or director, Officer
0$0
GEORGE PETERSONVP & EXECUTIVE DIRECTOR
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
L DAVID MOUNTSPRESIDENT
Trustee or director, Officer
0$0
BASIL YAPSECRETARY & TREASURER
Trustee or director, Officer
0$0
GEORGE PETERSONVP & EXECUTIVE DIRECTOR
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 21565, WINSTON SALEM, NC 27120-1565
In care of
% DAVID MOUNTS GONZALEZ
Mailing address (990-N for 2020)
P O Box 21565, Winston Salem NC 27120
Principal officer (990 for 2024)
DAVIS MOUNTS GONZALEZ, PO BOX 21565, WINSTONSALEM, NC 27120
Principal officer (990-N for 2020)
Lonnie Mounts, P O Box 21565, Winston Salem NC 27120
Signed the 990
DAVIS MOUNTS GONZALEZ, PRESIDENT
Phone
(336) 505-8286
Return prepared by
PwC US Tax LLP

Mission

FOSTER AND SUPPORT STUDENTS INTERESTED IN SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH THROUGH ROBOTICS AND RELATED ENDEAVORS

990 for the year ended December 31, 2024

Program accomplishments

  • AEROX FOUNDATION FOCUSES ON BUILDING THE ROBOTICS COMMUNITY, CREATE PLACES FOR MENTORS AND STUDENTS TO MEET AND LEARN, AND SPREAD A CULTURE OF CURIOUS LEARNERS AND GRACIOUS PROFESSIONALISM.
    revenue $3,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-1876713
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$14,083
Income (IRS master file)
$3,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,500$5,147$14,083IRS
990December 2023$405,000$409,547$15,730XML
990December 2022$458,500$440,051$20,277IRS
990December 2021–––IRS
990-N for 2020
Officer: Lonnie Mounts
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Lonnie David Mounts
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1876713).

Questions about AEROX FOUNDATION

What is the EIN of AEROX FOUNDATION?
The employer identification number (EIN) of AEROX FOUNDATION is 37-1876713.
Is AEROX FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to AEROX FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AEROX FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AEROX FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AEROX FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AEROX FOUNDATION?
The 990 for the year ended December 31, 2024 names DAVIS MOUNTS GONZALEZ.
Who are the officers and directors of AEROX FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does AEROX FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,500, expenses of $5,147 and total assets of $14,083 at year end.

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