KIM YONG HWAN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KIM YONG HWAN FOUNDATION (EIN 20-1880931)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2023-10-02
- IRS object ID
- 202322759349101102
- Schema version
- 2020v4.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-02T15:58:38-04:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261687311 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DWC ACCOUNTANCY CORP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 WILSHIRE BLVD STE 2220 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900102632 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201880931 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KIM YONG HWAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIMY | BusinessNameControlTxt |
| Phone | 2134460660 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2028 PRAY ST | AddressLine1Txt |
| City | FULLETON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92833 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAENG CHA KIM | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2134460660 | PhoneNum |
| Signature | 2023-10-02 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HAENG CHA | PersonFirstNm |
| Person Last | KIM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DONGWAN D CHONG | PreparerPersonNm |
| PTIN | P00439474 | PTIN |
| Phone | 2133841189 | PhoneNum |
| Preparation | 2023-10-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,584,724 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $13,139 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,139 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $13,139 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $35,260 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $35,260 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $35,260 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $130,029 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,483,295 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $130,029 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $178,428 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $178,428 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $48,399 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $300 | CompOfcrDirTrstNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $28,442 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,635 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,288 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,288 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $815 | DeprecAndDpltnRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $36,545 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $33,223 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $152,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $152,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $188,545 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $33,223 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $152,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$10,117 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $145,205 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $48,399 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $256,201 | CashBOYAmt |
| Cash EOY | $524,791 | CashEOYAmt |
| Cash EOYFMV | $524,791 | CashEOYFMVAmt |
| US Government Obligations BOY | $283,736 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $92,048 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $95,419 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,571,032 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,583,673 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,504,214 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $415,909 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $447,503 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $460,300 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $75,051 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $72,606 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,260 | LandBOYAmt |
| Land EOY | $2,445 | LandEOYAmt |
| Total Assets BOY | $2,530,138 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,650,460 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,584,724 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,530,138 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,650,460 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,530,138 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,650,460 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,530,138 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,650,460 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,530,138 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$10,117 | ExcessRevenueOverExpensesAmt |
| Other Increases | $130,439 | OtherIncreasesAmt |
| Subtotal | $2,650,460 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,650,460 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| WELLS FARGO | P | 2020-01-01 | 2020-12-31 | $600,237 | $600,894 | -$657 | $130,029 |
| WELLS FARGO | P | 2019-01-01 | 2020-12-31 | $883,059 | $752,372 | $130,686 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $130,029 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,018 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,018 | SubtotalAmt |
| Tax Based On Investment Income | $2,018 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,701 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,701 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,683 | OverpaymentAmt |
| Applied To ES Tax | $1,683 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | HAENG CHA KIM | IndividualWithBooksNm |
| Phone | 2134460660 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2028 PRAY ST | AddressLine1Txt |
| City | FULLERTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92833 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CHARLIE KIM | ||||||||
| 2028 PRAY ST | FULLERTON | CA | 92833 | TRUSTEE | 10.00 | $0 | $0 | $0 |
| HAENG CHA KIM | ||||||||
| 2028 PRAY ST | FULLERTON | CA | 92833 | TRUSTEE | 20.00 | $0 | $0 | $0 |
| PATRICK KIM | ||||||||
| 2028 PRAY ST | FULLERTON | CA | 92833 | TRUSTEE | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,228,643 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $251,129 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,479,772 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,479,772 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $52,197 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,427,575 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $171,379 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $152,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $152,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $152,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $171,379 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $152,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $152,000 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $19,379 | UndistributedIncomeCYAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2020-01-01 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $48,399 | CurrentYearAmt |
| Year1 | $71,363 | Year1Amt |
| Year2 | $60,913 | Year2Amt |
| Year3 | $67,761 | Year3Amt |
| Total | $248,436 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $41,139 | CurrentYearAmt |
| Year1 | $60,659 | Year1Amt |
| Year2 | $51,776 | Year2Amt |
| Year3 | $57,597 | Year3Amt |
| Total | $211,171 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $152,000 | CurrentYearAmt |
| Year1 | $156,500 | Year1Amt |
| Year2 | $142,000 | Year2Amt |
| Year3 | $149,000 | Year3Amt |
| Total | $599,500 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $152,000 | CurrentYearAmt |
| Year1 | $156,500 | Year1Amt |
| Year2 | $142,000 | Year2Amt |
| Year3 | $149,000 | Year3Amt |
| Total | $599,500 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $114,253 | CurrentYearAmt |
| Year1 | $100,604 | Year1Amt |
| Year2 | $102,130 | Year2Amt |
| Year3 | $96,791 | Year3Amt |
| Total | $413,778 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| HANMI FAMILY COUNSELING CENTER | ||||||
| 12362 BEACH BLVD 1 | STANTON | CA | 90680 | FUNDING FOR FAMILIES IN NEED | $10,000 | |
| KCBN | ||||||
| 3400 W 6TH ST | LOS ANGELES | CA | 90020 | CHRISTIAN BROADCASTING ASSISTANCE | $10,000 | SUITE 310 |
| KOREAN AMERICAN COALITION | ||||||
| 3727 W 6TH STREET | LOS ANGELES | CA | 90020 | SUPPORTING SUMMER INTERNSHIP PROGRAM | $67,000 | SUITE 305 |
| SHALOM CHURCH | ||||||
| 20050 S VERMONT AVE | TORRANCE | CA | 90502 | CHURCH MINISTRY ASSISTANCE | $65,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $152,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $13,139 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $35,260 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $130,029 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $178,428 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $178,428 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEE | CategoryTxt |
| Amt | $3,000 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2006-09-27 | $452 | $452 | S/L | 7.0000 | |
| FURNITURE | 2006-11-17 | $11,956 | $11,956 | S/L | 7.0000 | |
| COMPUTER | 2007-04-26 | $1,238 | $1,238 | S/L | 7.0000 | |
| OFFICE EQUIPMENT | 2008-02-05 | $2,000 | $2,000 | S/L | 7.0000 | |
| FURNITURE | 2008-12-08 | $15,015 | $15,015 | S/L | 7.0000 | |
| FURNITURE | 2008-12-29 | $9,900 | $9,900 | S/L | 7.0000 | |
| OFFICE FURNITURE | 2009-12-14 | $7,893 | $7,893 | S/L | 7.0000 | |
| OFFICE EQUIPMET | 2009-12-29 | $6,307 | $6,307 | S/L | 7.0000 | |
| OFFICE EQUIPMENT | 2010-11-29 | $2,757 | $2,757 | S/L | 7.0000 | |
| FURNITURE | 2010-12-28 | $11,828 | $11,828 | S/L | 7.0000 | |
| COMPUTER | 2016-12-31 | $5,705 | $2,445 | S/L | 7.0000 | $815 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| WELLS FARGO | 2020-01 | PURCHASE | 2020-11 | $600,237 | $600,894 | -$657 |
| WELLS FARGO | 2015-01 | PURCHASE | 2020-11 | $882,456 | $752,372 | $130,084 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $447,503 | EOYBookValueAmt |
| EOYFMV | $460,300 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $1,583,673 | EOYBookValueAmt |
| EOYFMV | $2,504,214 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $75,051 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $72,606 | AccumulatedDepreciationAmt |
| Book Value | $2,445 | BookValueAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCREASE | Desc |
| Amt | $130,439 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $28,442 | Amt |
| Net Investment Income | $28,635 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 2020 EXCISE TAX | $2,967 | $2,967 |
| REGISTRATION RENEWAL FEE | $75 | $75 |
| FRANCHISE TAX BOARD | $800 | $800 |
| FOREIGN TAX PAID | $446 | $446 |