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Nonprofit · EIN 83-1080761

AEQUITAS EDUCATION

Tax-exempt · GALLUP, NM 87301

Financials

$719K$306K2023$899K$452K2024
Revenue Expenses · by fiscal year end
Financials of AEQUITAS EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$898,668$452,165$446,503$8,502,031$7,194,983$1,307,048
December 31, 2023990$719,209$305,518$413,691$8,540,718$7,680,173$860,545
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$251,898
Program service revenue
$0
Investment income
$0
Net rental income
$646,770
Other revenue
$646,770

Expenses

Grants and similar amounts paid
$138,450
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$57,924
Occupancy
$214,458
Program services (functional)
$386,680
Management and general (functional)
$65,485

Balance sheet and other

Total assets, start of year
$8,540,718
Total assets, end of year
$8,502,031
Total liabilities, end of year
$7,194,983
Net assets, end of year
$1,307,048
Land, buildings and equipment
$7,439,669
Net assets without donor restrictions
$1,307,048
Gross receipts
$1,679,898
Employees
0
Volunteers
10
Year formed
2017
State of legal domicile
NM

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
Patrick T MasonPresident
Trustee or director, Officer
12$0
Joshua MontagniniVice President
Trustee or director, Officer
0.5$0
Shane TerrillSecretary/Tres.
Trustee or director, Officer
0.5$0
Lance TannerDirector
Trustee or director
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Patrick T MasonPresident
Trustee or director, Officer
12$0
Michael D ByrneVice President
Trustee or director, Officer
0.5$0
Shane TerrillSecretary/Tres.
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
104 E AZTEC AVE, GALLUP, NM 87301-6256
Mailing address (990-N for 2018)
104 E Aztec Ave, Gallup NM 87301
Principal officer (990 for 2024)
Patrick T Mason, 104 E Aztec Ave, Gallup, NM 87301
Principal officer (990-N for 2018)
Patrick T Mason, 104 E Aztec Ave, Gallup NM 87301
Signed the 990
Patrick T Mason, President
Phone
(505) 862-9498
Return prepared by
Janice Moen CPA

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • Supported the continued develop and operation of Hozho Academy Charter School in New Mexico. This school is currently Grades K-12 and serves 850 full time students. Approximately 60% Native American and 15% Hispanic. We also held a major DC event with the Secretary of Energy at the National Archives, and welcomed Secretary Kennedy to our school for a visit.Supported other local organizations in the area that are focused on formation of the population in various ways. This included partnering in a workforce development program with Southwest Indian Foundation.Supported general operations funds at Sacred Heart Catholic School.
    Expenses $386,680 · grants $138,450

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
83-1080761
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$8,502,031
Income (IRS master file)
$1,679,898

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$898,668$452,165$8,502,031XML
990December 2023$719,209$305,518$8,540,718XML
990December 2022$542,741$672,748$7,740,158IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2018
Officer: Patrick T Mason
December 31, 2018≤ $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 83-1080761).

Questions about AEQUITAS EDUCATION

What is the EIN of AEQUITAS EDUCATION?
The employer identification number (EIN) of AEQUITAS EDUCATION is 83-1080761.
Is AEQUITAS EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to AEQUITAS EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AEQUITAS EDUCATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AEQUITAS EDUCATION 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 AEQUITAS EDUCATION 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 AEQUITAS EDUCATION?
The 990 for the year ended December 31, 2024 names Patrick T Mason.
Who are the officers and directors of AEQUITAS EDUCATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does AEQUITAS EDUCATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $898,668, expenses of $452,165 and total assets of $8,502,031 at year end.

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