Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
9 people listed on the 990; $48K paid to officers and key staff.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Craig N Denekas | $14,500 | $14,500 | $14,500 | $14,500 | $12,000 | $12,000 |
| Owen W Wells | $14,500 | $14,500 | $14,500 | $14,500 | $12,000 | $12,000 |
| Pendred E Noyce | $14,500 | $14,500 | $13,500 | $14,500 | $12,000 | $12,000 |
| William J Ryan | $14,500 | $14,500 | $14,500 | $14,500 | $12,000 | $12,000 |
| Rhianon Liu | $14,500 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See August Corporation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Manages property, collects rent, and gives income to Libra Foundation.
Questions for August Corporation
Your first name shows with your question. August Corporation answers here, for everyone.
The organization received net rental income from properties held for libra foundation.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $6K | $10K |
| Land, buildings, equipmentLn 10c | $29.5M | $29.4M |
| Total assetsLn 16 | $29.5M | $29.4M |
| LiabilitiesLn 26 | $253K | $31K |
| Net assetsLn 32 | $29.3M | $29.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Total functional expensesLn 25 | $0 | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 26, 2026 | −$1.7M | $0 | −$1.7M | $22.1M | 990 PDF |
| FY2024Filed with the IRS May 9, 2025 | −$1.7M | $0 | −$1.7M | $23.4M | 990 PDF |
| FY2023Filed with the IRS May 13, 2024 | −$1.7M | $0 | −$1.7M | $24.7M | 990 PDF |
| FY2022Filed with the IRS May 11, 2023 | −$2.3M | $0 | −$2.3M | $26.2M | 990 PDF |
| FY2021Filed with the IRS May 12, 2022 | −$1.8M | $0 | −$1.8M | $28.0M | 990 PDF |
| FY2020 ViewingFiled with the IRS Jan 10, 2022 | −$1.8M | $0 | −$1.8M | $29.4M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary −$1,757,458 revenue, 12 lines filed
Part VI · Governance 2 of 4 board members independent, no flags
Part VIII · Statement of revenue −$1,757,458 across 4 lines filed
Part IX · Statement of functional expenses $0 across 0 lines filed
Part X · Balance sheet $29,420,001 assets, 12 lines filed
Part XI · Reconciliation of net assets $29,389,205 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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