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IMEDRA FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
IMEDRA FAMILY FOUNDATION (EIN 81-4706604)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-16
IRS object ID
202312899349101216
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)
Return2023-10-16T13:57:06-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN821805214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MIRAE ACCOUNTANCY & CONSULTANTS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12525 W 8TH ST STE 300AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900575239ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814706604EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IMEDRA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIMEDBusinessNameControlTxt
Phone3236627943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13919 BEVERLY BLVD STE 202AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD KIMPersonNm
Person TitleC.E.O.PersonTitleTxt
Phone3236627943PhoneNum
Signature2023-10-09SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOON JONG NO CPAPreparerPersonNm
PTINP00369768PTIN
Phone2133883030PhoneNum
Preparation2023-10-09PreparationDt
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$63,655FMVAssetsEOYAmt
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$16InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$16InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$15,060DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,060DividendsNetInvstIncmAmt
Total Rev And Expnss$15,076TotalRevAndExpnssAmt
Total Net Invst Incm$15,076TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,200AccountingFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$115,125ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$115,125ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$116,325TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$115,125TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$101,249ExcessRevenueOverExpensesAmt
Net Investment Income$15,076NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,726CashBOYAmt
Cash EOY$7,282CashEOYAmt
Cash EOYFMV$7,282CashEOYFMVAmt
Sav And Temp Cash Invst BOY$186,923SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$56,373SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$56,373SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$851,195CorporateStockBOYAmt
Corporate Stock EOY$878,940CorporateStockEOYAmt
Total Assets BOY$1,043,844TotalAssetsBOYAmt
Total Assets EOY$942,595TotalAssetsEOYAmt
Total Assets EOYFMV$63,655TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,043,844NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$942,595NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,043,844TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$942,595TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,043,844TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$942,595TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,043,844TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$101,249ExcessRevenueOverExpensesAmt
Subtotal$942,595SubtotalAmt
Tot Net Ast Or Fund Balances EOY$942,595TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$210InvestmentIncomeExciseTaxAmt
Subtotal$210SubtotalAmt
Tax Based On Investment Income$210TaxBasedOnInvestmentIncomeAmt
Tax Due$210TaxDueAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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
Individual With BooksRICHARD KIMIndividualWithBooksNm
Phone3236627943PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13919 BEVERLY BLVD STE 202AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90004ZIPCd
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 KIMPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13919 BEVERLY BLVD STE 202AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90004ZIPCd
FieldValueIRS element (for citing)
TitleC.E.O.TitleTxt
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)
Description1CHARITABLE CONTRIBUTION TO EDUCATIONAL ORGANIZATIONDescription1Txt
Expenses1$115,125Expenses1Amt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$210TaxBasedOnInvestmentIncomeAmt
Total Tax$210TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$115,125ExpensesAndContributionsAmt
Qualifying Distributions$115,125QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$15,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$18,837ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$123,088ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$95,125ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$252,050TotalExcessDistributionCyovAmt
Qualifying Distributions$115,125QualifyingDistributionsAmt
Remaining Distri From Corpus$115,125RemainingDistriFromCorpusAmt
Total Corpus$367,175TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$367,175ExcessDistriCyovToNextYrAmt
Excess From Year4$15,000ExcessFromYear4Amt
Excess From Year3$18,837ExcessFromYear3Amt
Excess From Year2$123,088ExcessFromYear2Amt
Excess From Year1$95,125ExcessFromYear1Amt
Excess From Current Year$115,125ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
POLYTECHNIC SCHOOL
1030 E CALIFORNIA BLVDPASADENACA911063RD PARTY501(C)(3)EDUCATION$25,000
HILLSIDES
815 COLORADO BLVD 300LOS ANGELESCA900413RD PARTY501(C)(3)HUMAN SERVICES$5,000
ST EDMUND'S NURSERY SCHOOL
1175 SAN GABRIEL BLVDSAN MARINOCA911183RD PARTY501(C)(3)EDUCATION$4,000
LACPC
2241 E EASTERN AVELOS ANGELESCA900323RD PARTY501(C)(3)RELIGIOUS ORGANIZATION$80,000
SNUAA-USA
158-14 NORTHER BLVD 2FLFLUSHINGNY113583RD PARTY501(C)(3)EDUCATION$1,125
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$115,125TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,060RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,076RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,076TotalIncomeProducingActyAmt

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)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,200Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNmEOY Book ValueEOYBookValueAmt
NVDA 1540SHARES$76,192
AAPL 7900 SHARES$450,210
DIREXION FDS DAILY SEMICONDUCTOR 200$12,186
ISHARES CORE DIVIDEND GROW 1000 SHR$51,710
PROSHARES ULTRA QQQ 800 SHRS$68,780
PROSHARES ULTRA S&P 500 50 SHRS$6,572
SCHWAB STRATEGIC TR 1000 SHRS$76,010
ISHARE CORE DIVEDEND GROWTH 1000 SHR$50,000
PROSHARE ULTRA S&P 500 80 SHRS$11,270
SCHWAB US DIVIDEND EQUITY ETF 1000 S$76,010