BOB PREVATTE EDUCATION FOUNDATION INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BOB PREVATTE EDUCATION FOUNDATION INC (EIN 16-1766252)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-20
- IRS object ID
- 202412339349200936
- Schema version
- 2023v5.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-20T16:31:37-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464212457 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOOKKEEPING & TAX PROFESSIONALS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 203 Overbrook Dr P O Box 673 | AddressLine1Txt |
| City | Gaffney | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29341 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161766252 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOB PREVATTE EDUCATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOBP | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 2102 | AddressLine1Txt |
| City | Gaffney | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 293422102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIKE SPEARMAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8646491554 | PhoneNum |
| Signature | 2024-08-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TINA M MCSWAIN EA | PreparerPersonNm |
| PTIN | P00040973 | PTIN |
| Phone | 8646491554 | PhoneNum |
| Preparation | 2024-08-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Gross Receipts | $28,573 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $13,240 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $15,333 | InvestmentIncomeAmt |
| Total Revenue | $28,573 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $10,000 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $3,031 | OtherExpensesTotalAmt |
| Total Expenses | $13,031 | TotalExpensesAmt |
| Excess Or Deficit For Year | $15,542 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $347,244 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $25,002 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $387,788 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,244 | BOYAmt |
| EOY | $387,788 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,244 | BOYAmt |
| EOY | $387,788 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,244 | BOYAmt |
| EOY | $387,788 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | PROVIDE EDUCATIONAL SCHOLARSHIPS | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | PROVIDE EDUCATIONAL SCHOLARSHIPS TO HIGH SCHOOL SENIORS | DescriptionProgramSrvcAccomTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (2 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| STEVE SPARKS | ||||
| PRESIDENT | 12.00 | $0 | $0 | $0 |
| MIKE SPEARMAN | ||||
| TREASURER SECRETARY | 12.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIKE SPEARMAN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 2102 | AddressLine1Txt |
| City | Gaffney | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 293422102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8648122295 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,920 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,970 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,240 | CurrentTaxYearAmt |
| Total | $30,455 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,920 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,970 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,240 | CurrentTaxYearAmt |
| Total | $30,455 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $30,455 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,906 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,281 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,333 | CurrentTaxYearAmt |
| Total | $80,702 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,906 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,281 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,333 | CurrentTaxYearAmt |
| Total | $80,702 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,956 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,201 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,973 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,573 | CurrentTaxYearAmt |
| Total | $111,157 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.27400 | PublicSupportCY509Pct |
| Public Support PY509 | 0.22220 | PublicSupportPY509Pct |
| Investment Income CY | 0.73000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.78000 | InvestmentIncomePYPct |
| Private Foundation509 | Yes (X) | PrivateFoundation509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity SCHOLARSHIPS Grantee STUDENTS Street GAFFNEY City, State, Zip Gaffney, SC 29341Relationship NONE Amount 10,000 |
| Description of other expenses Part I line 16 | Description AmountPO BOX RENT 118INVESTMENT MGMT FEES 2,861LICENSE RENEWAL 52 |
| Other changes in net assets or fund balances Part I line 20 | Description AmountSTOCK VALUE CHANGES ON ENDOWMENT AC 25,002INVESTMENTS AT RAYMOND JAMES INVESTMENTS, CHANGES VALUES BASED ON STOCK MARKET |