STRATEGY STUDIO / PUBLIC DATA EXPLORER

HINSON CHRISTIAN FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HINSON CHRISTIAN FOUNDATION (EIN 20-3447101)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-08
IRS object ID
202311289349103766
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)
Return2023-05-08T16:10:47-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN262669494PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVIES GOLDSTEIN & ASSOCIATES CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 156AddressLine1Txt
CityMATTHEWSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28106ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203447101EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HINSON CHRISTIAN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHINSBusinessNameControlTxt
Phone7048462062PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 COX RDAddressLine1Txt
CityMATTHEWSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28104ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD HINSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7048462062PhoneNum
Signature2023-04-28SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY I GOLDSTEINPreparerPersonNm
PTINP00534322PTIN
Phone7046840555PhoneNum
Preparation2023-05-01PreparationDt
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$1,161,268FMVAssetsEOYAmt
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$40,867DividendsRevAndExpnssAmt
Dividends Net Invst Incm$31,991DividendsNetInvstIncmAmt
Dividends Adj Net Incm$40,867DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$47,916NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$66,055GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$24,679CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$88,783TotalRevAndExpnssAmt
Total Net Invst Incm$56,670TotalNetInvstIncmAmt
Total Adj Net Incm$40,867TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$950AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$950AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,075TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,075TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,075TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$1OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$1OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$2,026TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,026TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,026TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$63,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$63,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$65,726TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,026TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,026TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$63,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$23,057ExcessRevenueOverExpensesAmt
Net Investment Income$54,644NetInvestmentIncomeAmt
Adjusted Net Income$38,841AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$51,335CashBOYAmt
Cash EOY$58,056CashEOYAmt
Cash EOYFMV$58,056CashEOYFMVAmt
Corporate Stock BOY$968,032CorporateStockBOYAmt
Corporate Stock EOY$965,033CorporateStockEOYAmt
Corporate Stock EOYFMV$1,103,212CorporateStockEOYFMVAmt
Total Assets BOY$1,019,367TotalAssetsBOYAmt
Total Assets EOY$1,023,089TotalAssetsEOYAmt
Total Assets EOYFMV$1,161,268TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,019,367RetainedEarningBOYAmt
Retained Earning EOY$1,023,089RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,019,367TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,023,089TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,019,367TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,023,089TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,019,367TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$23,057ExcessRevenueOverExpensesAmt
Subtotal$1,042,424SubtotalAmt
Other Decreases$19,335OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,023,089TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$24,679CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$760InvestmentIncomeExciseTaxAmt
Subtotal$760SubtotalAmt
Tax Based On Investment Income$760TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$800EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$800TotalPaymentsAndCreditsAmt
Overpayment$40OverpaymentAmt
Applied To ES Tax$40AppliedToESTaxAmt

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 BooksRICHARD HINSONIndividualWithBooksNm
Phone7048462062PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11300 COX RDAddressLine1Txt
CityMATTHEWSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28104ZIPCd
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

FieldValueIRS element (for citing)
PersonRICHARD HINSONPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 COX RDAddressLine1Txt
CityMATTHEWSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28104ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
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)
Description1DONATIONS TO VARIOUS RELIGIOUS AND BENEVOLENT CHARITIESDescription1Txt
Expenses1$63,700Expenses1Amt

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$1,093,165AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$54,706AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,147,871TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,147,871AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,218CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,130,653NetVlNoncharitableAssetsAmt
Minimum Investment Return$56,533MinimumInvestmentReturnAmt

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$63,700ExpensesAndContributionsAmt
Qualifying Distributions$63,700QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$63,700QualifyingDistributionsAmt
Remaining Distri From Corpus$63,700RemainingDistriFromCorpusAmt
Total Corpus$63,700TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j5Yes (X)Section4942j5Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$63,700CurrentYearAmt
Year1$57,500Year1Amt
Year2$57,500Year2Amt
Year3$58,000Year3Amt
Total$236,700TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$63,700CurrentYearAmt
Year1$57,500Year1Amt
Year2$57,500Year2Amt
Year3$58,000Year3Amt
Total$236,700TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$37,689CurrentYearAmt
Year1$38,646Year1Amt
Year2$36,734Year2Amt
Year3$42,798Year3Amt
Total$155,867TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CALVARY CHURCH GGCC RTS SHEPERDSBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11300 COX ROADAddressLine1Txt
CityMATTHEWSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28104ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeFINANCIAL SUPPORTGrantOrContributionPurposeTxt
Amt$63,700Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$63,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,876ExclusionAmt
Related Or Exempt Function Incm$31,991RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$47,916RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,876ExclusionAmt
Related Or Exempt Function Incm$79,907RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$88,783TotalIncomeProducingActyAmt

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)
CategoryLEGAL AND ACCOUNTINGCategoryTxt
Amt$950Amt
Net Investment Income$950NetInvestmentIncomeAmt
Adjusted Net Income$950AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
FIDELITYPURCHASE2022-12$1,377$3,970-$2,593
FIDELITYPURCHASE2022-12$39,999$14,169$25,830

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFIDELITY INVESTMENTSStockNm
EOY Book Value$965,033EOYBookValueAmt
EOYFMV$1,103,212EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENT TO COST BASISDesc
Amt$19,335Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
INVESTMENT FEES$1$1$1

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINCOME TAXCategoryTxt
Amt$1,075Amt
Net Investment Income$1,075NetInvestmentIncomeAmt
Adjusted Net Income$1,075AdjustedNetIncomeAmt