Skip to content
Nonprofiteer
← AERA FOUNDATION INC

Form 990 for tax year 2024

Filed by AERA FOUNDATION INC.

Totals

Total revenue
$76,599
Total expenses
$123
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$76,599
Other revenue
$0
Total assets, end of year
$1,663,053
Total liabilities, end of year
$2,158
Net assets or fund balances, end of year
$1,660,895
Program services expenses (Part IX)
$0
Management and general expenses
$123
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $76,599 · excluded $76,599

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $123 · management and general $123

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,454 · end of year $10,053

  • 2 · Savings and temporary cash investments

    beginning of year $1,576,000 · end of year $1,653,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,035 · end of year $2,158

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,584,419 · end of year $1,660,895

Mission and programs · 2024

Mission

THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE ORGANIZATION ARE TO ASSIST CHARTER PUBLIC SCHOOLS IN THE PROVISION OF HIGH-QUALITY PRE-K-12 EDUCATION PROGRAMS AND SPECIFIC ALTERNATIVE EDUCATIONAL PROGRAMS, IN SOME CASES, FOR STUDENTS IN PRE-K-12, IN THE UNITED STATES. THE ORGANIZATION MAY ALSO SUPPORT EDUCATIONAL CHOICE PROGRAMS IN OTHER COUNTRIES.

  • TO ACQUIRE OR DEVELOP, FOR SALE OR LEASE, QUALITY CHARTER SCHOOL FACILITIES, ON A BASIS MORE FAVORABLE TO THE CHARTER SCHOOL OPERATOR THAN OTHERWISE AVAILABLE TO SUCH OPERATOR IN THEN-CURRENT MARKET CONDITIONS.

  • TO ASSIST CHARTER SCHOOLS IN OBTAINING FINANCING FOR PHYSICAL PLANT (BUILDINGS AND FF&E).

  • TO ARRANGE FOR OR PROVIDE DIRECTLY ADMINISTRATOR, LEAD TEACHER, TEACHER AND STAFF PROFESSIONAL DEVELOPMENT PROGRAMS, INCLUDING FOSTERING AND PROMOTING COLLEGIAL FORUMS FOR SHARING BEST PRACTICES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bernie Montero

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Judith C Marti

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Carlos Alvarez

    TREASURER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533219349305313

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.