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Nonprofit · EIN 58-2484113

AMERICAN OPPORTUNITY FOUNDATION

Also known as AOF-HOUSTON AFFORDABLE HOUSING CORP

Tax-exempt · ATLANTA, GA 30339

Financials

$0$1.2M2022$0$362K2023$0$355K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN OPPORTUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$0$354,750-$354,750$3,077$0$3,077
June 30, 2024990$0$362,261-$362,261$357,827$0$357,827
June 30, 2023990$0$1,158,090-$1,158,090$720,088$0$720,088
Financial details: 990 for the year ended June 30, 2025

Revenue

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

Expenses

Grants and similar amounts paid
$350,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$350,000
Management and general (functional)
$4,750

Balance sheet and other

Total assets, start of year
$357,827
Total assets, end of year
$3,077
Total liabilities, end of year
$0
Net assets, end of year
$3,077
Net assets without donor restrictions
$3,077
Gross receipts
$0
Employees
0
Volunteers
0
Year formed
1999
State of legal domicile
TX

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PHILIP J KENNEDYTREASURER, TRUSTEE
Trustee or director, Officer
1$0$515,000$83,720
KATHRYN T WALKERTRUSTEE, SECRETARY
Trustee or director, Officer
1$0$380,000$63,415
GABRIELLE MILLERTRUSTEE
Trustee or director
0.2$0$0$0
TRUDI TAYLORTRUSTEE
Trustee or director
0.2$0$0$0
NATALIE BREAULTTRUSTEE
Trustee or director
0.2$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PHILIP J KENNEDYTREASURER, TRUSTEE
Trustee or director, Officer
1$0$1,165,000$77,237
KATHRYN T WALKERTRUSTEE, SECRETARY
Trustee or director, Officer
1$0$400,000$59,815
GABRIELLE MILLERTRUSTEE
Trustee or director
0.2$0$0$0
TRUDI TAYLORTRUSTEE
Trustee or director
0.2$0$0$0
NATALIE BREAULTTRUSTEE
Trustee or director
0.2$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PHILIP J KENNEDYTREASURER, TRUSTEE
Trustee or director, Officer
1$0$993,125$72,431
KATHRYN T WALKERTRUSTEE, SECRETARY
Trustee or director, Officer
1$0$365,000$57,670
GABRIELLE MILLERTRUSTEE
Trustee or director
0.2$0$0$0
TRUDI TAYLORTRUSTEE
Trustee or director
0.2$0$0$0
NATALIE BREAULTTRUSTEE
Trustee or director
0.2$0$0$0

Address and contacts

Address (IRS master file)
1000 PARKWOOD CIR SE STE 805, ATLANTA, GA 30339-6627
In care of
% PHILIP J KENNEDY
Principal officer (990 for 2024)
PHILIP J KENNEDY, 1000 PARKWOOD CIRCLE SE SUITE 805, ATLANTA, GA 30339
Signed the 990
KATHRYN T WALKER, VICE PRESIDENT
Phone
(770) 937-0377
Return prepared by
CARTER & COMPANY CPAS LLC

Mission

AOF/HOUSTON AFFORDABLE HOUSING CORP. IS A 501(C)(3) NON PROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE HIGH-QUALITY, AFFORDABLE HOUSING FOR MODERATE TO LOW INCOME HOUSEHOLDS AND THE ELDERLY IN TEXAS, PRIMARILY BY ACQUIRING AND OPERATING APARTMENT COMPLEXES WHICH LEASE TO RESIDENTS THAT MEET SPECIFIC FINANCIAL REQUIREMENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATION OF TWO APARTMENT COMPLEXES FOR LOW-INCOME AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS OR FAMILIES.
    Expenses $350,000 · grants $350,000

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-2484113
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
1985
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,077

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$0$354,750$3,077IRS
990June 2024$0$362,261$357,827IRS
990June 2023$0$1,158,090$720,088IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 58-2484113).

Questions about AMERICAN OPPORTUNITY FOUNDATION

What is the EIN of AMERICAN OPPORTUNITY FOUNDATION?
The employer identification number (EIN) of AMERICAN OPPORTUNITY FOUNDATION is 58-2484113.
Is AMERICAN OPPORTUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Which annual return does AMERICAN OPPORTUNITY FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AMERICAN OPPORTUNITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN OPPORTUNITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AMERICAN OPPORTUNITY FOUNDATION?
The 990 for the year ended June 30, 2025 names PHILIP J KENNEDY.
Who are the officers and directors of AMERICAN OPPORTUNITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does AMERICAN OPPORTUNITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $354,750 and total assets of $3,077 at year end.

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