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SWEET BAY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SWEET BAY FOUNDATION (EIN 33-0776397)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-13
IRS object ID
202521339349104197
Schema version
2024v5.1
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

FieldValueIRS element (for citing)
Return2025-05-13T16:45:35-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330541034PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Haynie & Company CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14910 Campus DriveAddressLine1Txt
CityNewport BeachCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330776397EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SWEET BAY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSWEEBusinessNameControlTxt
Phone9497863397PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 HALFMOONAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLOUIS T MOORE JRPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFF MCNERNEYPreparerPersonNm
PTINP01500701PTIN
Phone9497241880PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$706,706FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Net Gain Sale Ast Rev And Expnss$13,373NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$64,821GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,373CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$13,373TotalRevAndExpnssAmt
Total Net Invst Incm$13,373TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$14,000CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$659LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$330LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$329LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$3,320AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,320AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$18,004TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,650TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$354TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$43,004TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,650TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,354TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,631ExcessRevenueOverExpensesAmt
Net Investment Income$9,723NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$15,178CashBOYAmt
Cash EOY$41,344CashEOYAmt
Cash EOYFMV$41,344CashEOYFMVAmt
Corporate Stock BOY$585,759CorporateStockBOYAmt
Corporate Stock EOY$665,362CorporateStockEOYAmt
Corporate Stock EOYFMV$665,362CorporateStockEOYFMVAmt
Total Assets BOY$600,937TotalAssetsBOYAmt
Total Assets EOY$706,706TotalAssetsEOYAmt
Total Assets EOYFMV$706,706TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$600,937RetainedEarningBOYAmt
Retained Earning EOY$706,706RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$600,937TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$706,706TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$600,937TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$706,706TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$600,937TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,631ExcessRevenueOverExpensesAmt
Other Increases$135,400OtherIncreasesAmt
Subtotal$706,706SubtotalAmt
Tot Net Ast Or Fund Balances EOY$706,706TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
47 SPDR DOW JONESP2023-01-132024-10-29$19,888$15,943$3,945$3,945
69 SPDR DOW JONESP2023-01-132024-12-17$30,065$23,405$6,660$6,660
26 SPDR S&P MIDCAP 400 ETF IVP2023-01-132024-10-29$14,868$12,100$2,768$2,768
FieldValueIRS element (for citing)
Capital Gain Net Income$13,373CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$135InvestmentIncomeExciseTaxAmt
Subtotal$135SubtotalAmt
Tax Based On Investment Income$135TaxBasedOnInvestmentIncomeAmt
Tax Due$135TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 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 Line1LOUIS MOOREBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9498927363PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line120 HALFMOONAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
LOUIS T MOORE JR
20 HALFMOONIRVINECA92614President5.00$8,000
MARIANNA MOORE
1127 11TH STREETSANTA MONICACA90403Director2.00$2,000
CHRISTOPHER HOUSEN
3016 NE 69TH STVANCOUVERWA98665Director2.00$0
DAMIEN MOORE
51 BRIDGEPORT ROADNEWPORT COASTCA92657Director2.00$2,000
TERESA EDMONDS
2066 HISTORIC DECATUR RDSAN DIEGOCA92106Director2.00$2,000
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$646,952AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$18,965AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$665,917TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$665,917AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,989CashDeemedCharitableAmt
Net Vl Noncharitable Assets$655,928NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,796MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,796MinimumInvestmentReturnAmt
Tax Based On Investment Income$135TaxBasedOnInvestmentIncomeAmt
Total Tax$135TotalTaxAmt
Distributable Before Adj$32,661DistributableBeforeAdjAmt
Distributable Before Ded$32,661DistributableBeforeDedAmt
Distributable As Adjusted$32,661DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,354ExpensesAndContributionsAmt
Qualifying Distributions$25,354QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$32,661DistributableAsAdjustedAmt
Undistributed Income PY$21,436UndistributedIncomePYAmt
Qualifying Distributions$25,354QualifyingDistributionsAmt
Applied To Year1$21,436AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,918AppliedToCurrentYearAmt
Undistributed Income CY$28,743UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLOUIS T MOORE JRContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LOYOLA HIGH SCHOOL
1901 VENICE BLVDLOS ANGELESCA90006PCUNDESIGNATED$5,500
NATIONAL ALLIANCE ON MENTAL ILLNESS
1810 17TH STREETSANTA ANACA92705PCUNDESIGNATED$2,000
ST THERESE OF CARMEL CATHOLIC CHURC
4355 DEL MAR TRAILS ROADSAN DIEGOCA92130PCUNDESIGNATED$2,000
ST CHARLES BORROMEO CATHOLIC CHURCH
10800 MOORPARK STREETNORTH HOLLYWOODCA91602PCUNDESIGNATED$4,000
ST JOHN NEUMANN CHURCH
5101 ALTON PKWYIRVINECA92604PCUNDESIGNATED$3,500
UNIVERSITY OF CALIFORNIA
110 SPROUL HALL 5800BERKELEYCA94720PCUNDESIGNATED$500
UNIVERSITY OF VIRGINIA
PO BOX 400194CHARLOTTESVILLEVA22904PCUNDESIGNATED$500
PUPS WITHOUT BORDERS
2108 OAK STLOS ANGELESCA90007PCUNDESIGNATED$500
PRINCE OF PEACE
1421 W BALL ROADANAHEIMCA92802PCUNDESIGNATED$500
BEST BUDDIES INTERNATIONAL
100 SOUTHEAST SECOND ST SUITE 2200MIAMIFL33131PCUNDESIGNATED$2,000
JSERRA CATHOLIC HIGH SCHOOL
26351 JUNIPERO SERRA RDSAN JUAN CAPISTRANOCA92675PCUNDESIGNATED$4,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,373RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,373RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,373TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$3,320Amt
Net Investment Income$3,320NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$659LegalFeesAmt
Net Investment Income$330NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$329DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescADJUST BOOK VALUE OF INVESTMENTSDesc
Amt$135,400Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryDEPARTMENT OF JUSTICECategoryTxt
Amt$25Amt
Disbursements Charitable Prps$25DisbursementsCharitablePrpsAmt