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Nonprofit · EIN 84-2735129

AMERICAN OPPORTUNITY FOUNDATION

Also known as EL CID AFFORDABLE HOUSING CORP

Tax-exempt · ATLANTA, GA 30339

Financials

$104K$5902023$10K$112K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN OPPORTUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$10,000$112,022-$102,022$2,816$2,500$316
December 31, 2023990-EZ$104,021$590$103,431$106,938$4,600$102,338
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Program service revenue
$10,000

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$112,022
Program services (functional)
$112,000

Balance sheet and other

Total assets, start of year
$106,938
Total assets, end of year
$2,816
Total liabilities, end of year
$2,500
Net assets, end of year
$316
Cash, savings and investments
$2,216
Gross receipts
$10,000

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM F FISHERDIRECTOR0.1$0
DANIEL DO-KHANHDIRECTOR0.1$0
L REID SCHOTTDIRECTOR0.1$0
KATHRYN T WALKERPRESIDENT, DIRECTOR0.1$0
SARA FAYVICE PRESIDENT, DIRECTOR0.1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILLIAM F FISHERDIRECTOR0.1$0
DANIEL DO-KHANHDIRECTOR0.1$0
L REID SCHOTTDIRECTOR0.1$0
KATHRYN T WALKERPRESIDENT, DIRECTOR0.1$0
SARA FAYVICE PRESIDENT, DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
1000 PARKWOOD CIR SE STE 805, ATLANTA, GA 30339-6627
In care of
% AMERICAN OPPORTUNITY FOUNDATION
Signed the 990-EZ
KATHRYN T WALKER, PRESIDENT
Phone
(770) 937-0377
Return prepared by
CARTER & COMPANY CPAS LLC

Mission

TO FOSTER, SUPPORT, PROVIDE, DEVELOP, ACQUIRE, CONSTRUCT, REHABILITATE AND/OR OPERATE QUALIFIED AFFORDABLE HOUSING FOR LOW-TO-MODERATE INCOME PERSONS AND FAMILIES, ELDERLY PERSONS AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • GENERAL PARTNERSHIP INTEREST IN A PARTNERSHIP THAT PROVIDES 72 AFFORDABLE HOUSING UNITS TO LOW-INCOME, ELDERLY AND/OR PHYSICALLY DISABLED PERSONS AND FAMILIES.
    Expenses $112,000

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 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-2735129
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
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$2,816
Income (IRS master file)
$10,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$10,000$112,022$2,816XML
990-EZDecember 2023$104,021$590$106,938XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 84-2735129).

Questions about AMERICAN OPPORTUNITY FOUNDATION

What is the EIN of AMERICAN OPPORTUNITY FOUNDATION?
The employer identification number (EIN) of AMERICAN OPPORTUNITY FOUNDATION is 84-2735129.
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 December 31, 2025) is due May 15, 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-EZ for the year ended December 2024.
Who are the officers and directors of AMERICAN OPPORTUNITY FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does AMERICAN OPPORTUNITY FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $10,000, expenses of $112,022 and total assets of $2,816 at year end.

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