STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLASTAD CHARITABLE TR: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GLASTAD CHARITABLE TR (EIN 65-6239371)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-01
IRS object ID
202430929349100328
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-01T17:00:26-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN270249502PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Gilbert & Calabrese LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1181 Route 206AddressLine1Txt
CityFlandersCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07836ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN656239371EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Glastad Charitable TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGLASBusinessNameControlTxt
Phone9735254797PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoyce EverswickPersonNm
Person TitleTrusteePersonTitleTxt
Signature2024-04-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJoycePersonFirstNm
Person LastEverswickPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael S Gilbert CPAPreparerPersonNm
PTINP00434805PTIN
Phone9734481099PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$623,003FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4,597InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,597InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,117DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,117DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$3,077NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,484,938GrossSalesPriceAmt
Total Rev And Expnss$8,637TotalRevAndExpnssAmt
Total Net Invst Incm$11,714TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss$206InterestRevAndExpnssAmt
Interest Net Invst Incm$206InterestNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,706TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,706TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$33,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$33,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,706TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,706TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$33,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$26,069ExcessRevenueOverExpensesAmt
Net Investment Income$10,008NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$144,941SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,575SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,575SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$491,209CorporateStockBOYAmt
Corporate Stock EOY$608,506CorporateStockEOYAmt
Corporate Stock EOYFMV$621,428CorporateStockEOYFMVAmt
Total Assets BOY$636,150TotalAssetsBOYAmt
Total Assets EOY$610,081TotalAssetsEOYAmt
Total Assets EOYFMV$623,003TotalAssetsEOYFMVAmt
Loans From Officers BOY$59,331LoansFromOfficersBOYAmt
Loans From Officers EOY$59,331LoansFromOfficersEOYAmt
Total Liabilities BOY$59,331TotalLiabilitiesBOYAmt
Total Liabilities EOY$59,331TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$498,163CapitalStockBOYAmt
Capital Stock EOY$498,163CapitalStockEOYAmt
Retained Earning BOY$78,656RetainedEarningBOYAmt
Retained Earning EOY$52,587RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$576,819TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$550,750TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$636,150TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$610,081TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$576,819TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$26,069ExcessRevenueOverExpensesAmt
Subtotal$550,750SubtotalAmt
Tot Net Ast Or Fund Balances EOY$550,750TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Publicly traded securitiesP2023-01-012023-12-31$1,458,817$1,461,895-$3,078-$3,078
Publicly traded securitiesP2023-01-012023-12-31$26,121$26,120$1$1
FieldValueIRS element (for citing)
Capital Gain Net Income-$3,077CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$3,077NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$139InvestmentIncomeExciseTaxAmt
Subtotal$139SubtotalAmt
Tax Based On Investment Income$139TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,720EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,720TotalPaymentsAndCreditsAmt
Overpayment$4,581OverpaymentAmt
Applied To ES Tax$4,581AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Joyce EverswickBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9735254797PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line156 Joyce DriveAddressLine1Txt
CitySuccasunnaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07876ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Joyce Everswick
56 Joyce DriveSuccasunnaNJ07876Trustee0.00$0
Mark Everswick
4398 Eakern Circle NEMonticelloMN55362Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$631,415AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$73,033AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$704,448TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$704,448AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,567CashDeemedCharitableAmt
Net Vl Noncharitable Assets$693,881NetVlNoncharitableAssetsAmt
Minimum Investment Return$34,694MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$34,694MinimumInvestmentReturnAmt
Tax Based On Investment Income$139TaxBasedOnInvestmentIncomeAmt
Total Tax$139TotalTaxAmt
Distributable Before Adj$34,555DistributableBeforeAdjAmt
Distributable Before Ded$34,555DistributableBeforeDedAmt
Distributable As Adjusted$34,555DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$33,000ExpensesAndContributionsAmt
Qualifying Distributions$33,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$34,555DistributableAsAdjustedAmt
Undistributed Income PY$29,463UndistributedIncomePYAmt
Qualifying Distributions$33,000QualifyingDistributionsAmt
Applied To Year1$29,463AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,537AppliedToCurrentYearAmt
Undistributed Income CY$31,018UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJoyce EverswickContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Allegro Organizational Solutions
5535 Memorial Drive Ste F-811HoustonTX77007NonePCGeneral support$2,000
CRU
100 Lake Hart DriveOrlandoFL32832NonePCGeneral support$2,000
SIM USA
14830 Choate CircleCharlotteNC28273NonePCGeneral support$1,000
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$2,000
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$3,000
Teach Beyond
PO Box 610Downers GroveIL60515NonePCGeneral support$1,200
Student Mobilization
PO Box 567ConwayAR72033NonePCGeneral support$1,000
Center Point Bible Institute
1009 Rennard StCaddo MillsTX75135NonePCGeneral support$1,000
Wheaton Academy
900 Prince Crossing RoadWest ChicagoIL60185NonePCGeneral support$1,000
Love God Greatly
1 Darrr RoadHeathTX75032NonePCGeneral support$2,000
TEAM
PO Box 1683Carol StreamIL60183NonePCGeneral Support$4,000
Bible Exposition Institute
1 800 S Loop 288 Suite 396DentonTX76205NonePCGeneral Support$3,000
Lutheran Bretheren International
PO Box 655Fergus FallsMN56538NonePCGeneral Support$1,000
POIEMA Foundation
PO Box 757RockwallTX75097NonePCSupport$900
Hope Dawning
710 McFarlin PlaceRockwallTX75087NonePCSupport$900
Camp of the Woods
106 Downey Ave PO Box 250SpeculatorNY12164NonePCLift Mission Trips$2,000
Pioneers USA
PO Box 621329OrlandoFL32862NonePCReligious support$250
Probe Ministries
2001 West Plano ParkwayPlanoTX75075NonePCMinistry$750
1517ORG
PO Box 54032IrvineCA92619NonePCReligious support$4,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$33,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,597ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,117ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$3,077ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,637ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,637TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryGilbert & Calabrese LLCCategoryTxt
Amt$1,500Amt
Net Investment Income$1,500NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt