STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLASTAD CHARITABLE TR: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GLASTAD CHARITABLE TR (EIN 65-6239371)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-08
IRS object ID
202540989349100034
Schema version
2024v5.1
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)
Return2025-04-08T16:28:15-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Phone9735254797PhoneNum
Signature2025-04-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
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
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$653,300FMVAssetsEOYAmt
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$8,060InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8,060InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$28,119DividendsRevAndExpnssAmt
Dividends Net Invst Incm$28,119DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$29,230NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,476,357GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$29,230CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$65,409TotalRevAndExpnssAmt
Total Net Invst Incm$65,409TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$390LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$390LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$390LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$750AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$750AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss$54InterestRevAndExpnssAmt
Interest Net Invst Incm$54InterestNetInvstIncmAmt
Other Expenses Rev And Expnss$7OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,951TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,201TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,140TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$31,951TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,201TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$31,140TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$33,458ExcessRevenueOverExpensesAmt
Net Investment Income$64,208NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,575SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,623SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,623SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$608,506CorporateStockBOYAmt
Corporate Stock EOY$650,677CorporateStockEOYAmt
Corporate Stock EOYFMV$650,677CorporateStockEOYFMVAmt
Total Assets BOY$610,081TotalAssetsBOYAmt
Total Assets EOY$653,300TotalAssetsEOYAmt
Total Assets EOYFMV$653,300TotalAssetsEOYFMVAmt
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$541,382CapitalStockEOYAmt
Retained Earning BOY$52,587RetainedEarningBOYAmt
Retained Earning EOY$52,587RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$550,750TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$593,969TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$610,081TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$653,300TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$550,750TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$33,458ExcessRevenueOverExpensesAmt
Other Increases$9,761OtherIncreasesAmt
Subtotal$593,969SubtotalAmt
Tot Net Ast Or Fund Balances EOY$593,969TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Publicly traded securitiesP2024-01-022024-12-31$229,438$228,514$924$924
Publicly traded securitiesP2024-01-022024-12-31$2,131,853$2,103,564$28,289$28,289
Publicly traded securitiesP2023-01-022024-12-31$115,066$115,049$17$17
FieldValueIRS element (for citing)
Capital Gain Net Income$29,230CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$29,213NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$892InvestmentIncomeExciseTaxAmt
Subtotal$892SubtotalAmt
Tax Based On Investment Income$892TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,581EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,581TotalPaymentsAndCreditsAmt
Overpayment$3,689OverpaymentAmt
Applied To ES Tax$3,689AppliedToESTaxAmt

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$629,592AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,099AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$631,691TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$631,691AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,475CashDeemedCharitableAmt
Net Vl Noncharitable Assets$622,216NetVlNoncharitableAssetsAmt
Minimum Investment Return$31,111MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$31,111MinimumInvestmentReturnAmt
Tax Based On Investment Income$892TaxBasedOnInvestmentIncomeAmt
Total Tax$892TotalTaxAmt
Distributable Before Adj$30,219DistributableBeforeAdjAmt
Distributable Before Ded$30,219DistributableBeforeDedAmt
Distributable As Adjusted$30,219DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$31,140ExpensesAndContributionsAmt
Qualifying Distributions$31,140QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$30,219DistributableAsAdjustedAmt
Undistributed Income PY$31,018UndistributedIncomePYAmt
Qualifying Distributions$31,140QualifyingDistributionsAmt
Applied To Year1$31,018AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$122AppliedToCurrentYearAmt
Undistributed Income CY$30,097UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 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
Teach Beyond
PO Box 610Downers GroveIL60515NonePCGeneral support$1,200
Student Mobilization
PO Box 567ConwayAR72033NonePCGeneral support$1,000
Wheaton Academy
900 Prince Crossing RoadWest ChicagoIL60185NonePCGeneral support$1,000
Global Service Network
844 56th StreetBrooklynNY11220NonePCGeneral support$2,000
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
POIEMA Foundation
PO Box 757RockwallTX75097NonePCSupport$900
Hope Dawning
710 McFarlin PlaceRockwallTX75087NonePCSupport$900
1517ORG
PO Box 54032IrvineCA92619NonePCReligious support$2,000
Washed in the World
PO Box 288CladwellNJ07006NonePCProvide support$4,000
Rooted
3300 River RoadMt BethelPA18343NonePCSupport for religious education$1,000
Wheels of Hope
701 E I30RockwallTX75087NonePCSupport for needy$1,000
Mosaic Church of Houston
10003 Mystic Springs LaneRichmondTX77407NonePCReligious support$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,060ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28,119ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$29,230ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$65,409ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$65,409TotalIncomeProducingActyAmt

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$750NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$750DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryJeff Knapp, Esq.CategoryTxt
Legal Fees$390LegalFeesAmt
Net Investment Income$390NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$390DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescDeluxe checks printDesc
Revenue And Expenses Per Books$7RevenueAndExpensesPerBooksAmt
Net Investment Income$7NetInvestmentIncomeAmt