STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLASTAD CHARITABLE TR: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GLASTAD CHARITABLE TR (EIN 65-6239371)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-16
IRS object ID
202331069349100708
Schema version
2022v5.0
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)
Return2023-04-16T18:06:02-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-04-16SignatureDt
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)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$637,443FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$2,221DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,221DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$22,061NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$687,920GrossSalesPriceAmt
Total Rev And Expnss-$19,840TotalRevAndExpnssAmt
Total Net Invst Incm$2,221TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$9,404TaxesRevAndExpnssAmt
Taxes Net Invst Incm$9,404TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,904TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,904TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,904TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,904TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$60,744ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$51,407SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$144,941SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$144,941SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$645,487CorporateStockBOYAmt
Corporate Stock EOY$491,209CorporateStockEOYAmt
Corporate Stock EOYFMV$492,502CorporateStockEOYFMVAmt
Total Assets BOY$696,894TotalAssetsBOYAmt
Total Assets EOY$636,150TotalAssetsEOYAmt
Total Assets EOYFMV$637,443TotalAssetsEOYFMVAmt
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$139,400RetainedEarningBOYAmt
Retained Earning EOY$78,656RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$637,563TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$576,819TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$696,894TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$636,150TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$637,563TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$60,744ExcessRevenueOverExpensesAmt
Subtotal$576,819SubtotalAmt
Tot Net Ast Or Fund Balances EOY$576,819TotNetAstOrFundBalancesEOYAmt

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 securitiesP2022-06-302022-12-31$127,375$140,365-$12,990-$12,990
Publicly traded securitiesP2018-06-302022-12-31$560,545$569,616-$9,071-$9,071
FieldValueIRS element (for citing)
Capital Gain Net Income-$22,061CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$12,990NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$4,720EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,720TotalPaymentsAndCreditsAmt
Overpayment$4,720OverpaymentAmt
Applied To ES Tax$4,720AppliedToESTaxAmt

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$568,995AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$98,174AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$667,169TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$667,169AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,008CashDeemedCharitableAmt
Net Vl Noncharitable Assets$657,161NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,858MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,858MinimumInvestmentReturnAmt
Distributable Before Adj$32,858DistributableBeforeAdjAmt
Distributable Before Ded$32,858DistributableBeforeDedAmt
Distributable As Adjusted$32,858DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,000ExpensesAndContributionsAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$32,858DistributableAsAdjustedAmt
Undistributed Income PY$26,605UndistributedIncomePYAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Applied To Year1$26,605AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,395AppliedToCurrentYearAmt
Undistributed Income CY$29,463UndistributedIncomeCYAmt

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
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$4,000
Team Giving
PO Box 1683Carol StreamIL60132NonePCGeneral support$1,000
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
Global Service Network
844 56th StreetBrooklynNY11220NonePCGeneral support$2,000
Baylor Foundation
3500 Gaston AveDallasTX75246NonePCGeneral 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
Lutheran Brethren Missions
1020 W Alcott AveFergus FallsMN56537NonePCSupport$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

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,221ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$22,061RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,221ExclusionAmt
Related Or Exempt Function Incm-$22,061RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$19,840TotalIncomeProducingActyAmt

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

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForm 990-PF taxesCategoryTxt
Amt$9,404Amt
Net Investment Income$9,404NetInvestmentIncomeAmt