STRATEGY STUDIO / PUBLIC DATA EXPLORER

ASK-LIFE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ASK-LIFE FOUNDATION (EIN 47-2619136)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-18
IRS object ID
202431709349100003
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)
Return2024-06-18T09:38:37-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN810835615PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARINO CPA FIRMBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12396 EASTEX FWYAddressLine1Txt
CityBEAUMONTCityNm
State AbbreviationTXStateAbbreviationCd
ZIP777034626ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472619136EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASK-LIFE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASK-BusinessNameControlTxt
Phone4092121728PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13610 SCARLET CREST LANEAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77494ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKANDASWAMY JAYARAJPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone4092121728PhoneNum
Signature2024-06-13SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKANDASWAMYPersonFirstNm
Person LastJAYARAJPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFF MARINOPreparerPersonNm
PTINP01032310PTIN
Phone4098988777PhoneNum
Preparation2024-06-13PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$0FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$300,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$9,103DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,103DividendsNetInvstIncmAmt
Dividends Adj Net Incm$9,103DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$37,485NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$232,248GrossSalesPriceAmt
Total Rev And Expnss$346,588TotalRevAndExpnssAmt
Total Net Invst Incm$9,103TotalNetInvstIncmAmt
Total Adj Net Incm$9,103TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$190AccountingFeesRevAndExpnssAmt
Taxes Net Invst Incm$234TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$190TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$234TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$20,190TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$234TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$20,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$326,398ExcessRevenueOverExpensesAmt
Net Investment Income$8,869NetInvestmentIncomeAmt
Adjusted Net Income$9,103AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$50,000CashBOYAmt
Cash EOY$49,424CashEOYAmt
Other Investments BOY$265,093OtherInvestmentsBOYAmt
Other Investments EOY$623,677OtherInvestmentsEOYAmt
Total Assets BOY$315,093TotalAssetsBOYAmt
Total Assets EOY$673,101TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$315,093NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$673,101NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$315,093TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$673,101TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$315,093TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$673,101TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$315,093TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$326,398ExcessRevenueOverExpensesAmt
Other Increases$78,198OtherIncreasesAmt
Subtotal$719,689SubtotalAmt
Other Decreases$46,588OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$673,101TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$123InvestmentIncomeExciseTaxAmt
Subtotal$123SubtotalAmt
Tax Based On Investment Income$123TaxBasedOnInvestmentIncomeAmt
Tax Due$123TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJEFFREY MARINOIndividualWithBooksNm
Phone4092121728PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12396 EASTEX FRWYAddressLine1Txt
CityBEAUMONTCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77703ZIPCd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KANDASWAMY JAYARAJ
3610 SCARLET CREST LANEHOUSTONTX77494DIRECTOR000.00$0$0$0
JEFFREY MARINO
2396 EASTEX FRWYBEAUMONTTX77703DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1ALL PERMISSIBLE CHARITABLE PURPOSES UNDER SECTION 501(C) (3), WITH SPECIAL EMPHASIS ON EDUCATION, YOUTH, SENIORS, AND INTERNATIONAL RELIEF.Description1Txt
Expenses1$500Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$600,000AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$50,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$650,000TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$650,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,750CashDeemedCharitableAmt
Net Vl Noncharitable Assets$640,250NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,013MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$20,000ExpensesAndContributionsAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$20,000QualifyingDistributionsAmt
Remaining Distri From Corpus$20,000RemainingDistriFromCorpusAmt
Total Corpus$20,000TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$9,103CurrentYearAmt
Year1$1,388Year1Amt
Total$10,491TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$7,738CurrentYearAmt
Year1$1,180Year1Amt
Total$8,918TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$20,000CurrentYearAmt
Total$20,000TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$20,000CurrentYearAmt
Total$20,000TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Year2$50,000Year2Amt
Total$50,000TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Year2$50,000Year2Amt
Total$50,000TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$21,342CurrentYearAmt
Year1$10,343Year1Amt
Year2$138Year2Amt
Total$31,823TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKANDASWAMY JAYARAJRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13610 SCARLET CREST LANEAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77494ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4098988777RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ISHA FOUNDATION
951 ISHA LANE951 ISHA LANEMCMINNVILLETN37110DONATION$5,000
IMHO
400 WEST WILSON BRIDGE RD400 WEST WILSON BRIDGE ROWORTHINGTONOH43085DONATION$10,000
SANKARA EYE FOUNDATION
1900 MCCARTHY BLVD1900 MCCARTHY BLVDMILPITASCA95035DONATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,103RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$37,485RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$46,588RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$46,588TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1JAYASHA PROPERTIES FLPBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13610 SCARLET CREST LNAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP774944090ZIPCd
FieldValueIRS element (for citing)
Total Contributions$300,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryFIDELITYCategoryTxt
Amt$190Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
VARIOUS FIDELITY 9226PURCHASE$71,590$45,371$26,219
VARIOUS FIDELITY 9226PURCHASE$160,658$149,392$11,266

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemFIDELITY 9226CategoryOrItemTxt
Book Value$623,677BookValueAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescINCOME REINVESTDesc
Amt$46,588Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN INVESTMENT VALUEDesc
Amt$78,198Amt