GERING FAMILY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GERING FAMILY FOUNDATION INC (EIN 39-1874006)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-11-07
- IRS object ID
- 202323119349101967
- Schema version
- 2021v4.0
- 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
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-07T15:53:13-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391336018 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GASSNER COMPANY SC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 S 3RD AVE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 544014635 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391874006 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERING FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GERI | BusinessNameControlTxt |
| Phone | 7158459231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD GERING | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 7158459231 | PhoneNum |
| Signature | 2022-06-02 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | GERING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 888008888 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEXANDER J GASSNER CPA | PreparerPersonNm |
| PTIN | P01978641 | PTIN |
| Phone | 7158459231 | PhoneNum |
| Preparation | 2023-11-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,113,324 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $481,412 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $4 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $35,003 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $35,003 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $35,003 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,044,774 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,664,785 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,044,774 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $115,132 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $41,883 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $41,883 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,603,076 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,079,781 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $192,022 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $162,220 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $14,047 | PensionEmplBnftRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $4,118 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $4,463 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $34,522 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $3,901 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $80,229 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $162,049 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,906 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $465,549 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,906 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $235,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $235,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $700,549 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,906 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $235,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $902,527 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,068,875 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $192,022 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $18,782 | CashBOYAmt |
| Cash EOY | $99,849 | CashEOYAmt |
| Cash EOYFMV | $99,849 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,283,867 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,042,720 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,140,698 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,050,885 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $178,108 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $890,556 | LandBOYAmt |
| Land EOY | $872,777 | LandEOYAmt |
| Land EOYFMV | $872,777 | LandEOYFMVAmt |
| Total Assets BOY | $3,193,205 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,015,346 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,113,324 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $23,373 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $22,073 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $23,373 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,073 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,169,832 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,993,273 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,169,832 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,993,273 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,193,205 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,015,346 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,169,832 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $902,527 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,072,359 | SubtotalAmt |
| Other Decreases | $1,079,086 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,993,273 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| BAIRD | P | 2010-01-01 | 2021-12-31 | $246 | $246 | $246 | |
| BAIRD | P | 2010-01-01 | 2021-12-31 | $1,311,428 | $927,252 | $927,252 | $384,176 |
| BAIRD | P | 2021-01-01 | 2021-12-31 | $350,967 | $115,132 | $115,132 | $235,835 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,044,774 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $115,132 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,857 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $14,857 | SubtotalAmt |
| Tax Based On Investment Income | $14,857 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $365 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $365 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3 | EsPenaltyAmt |
| Tax Due | $14,495 | TaxDueAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RICHARD GERING | IndividualWithBooksNm |
| Phone | 7158459231 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD GERING | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | VICE PRESIDE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $2,200,000 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $200,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,000,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,400,000 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,400,000 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $51,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,349,000 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $167,450 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $167,450 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,857 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,857 | TotalTaxAmt |
| Distributable Before Adj | $152,593 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $152,593 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $152,593 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $235,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $235,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $152,593 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,312 | UndistributedIncomePYAmt |
| Qualifying Distributions | $235,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,312 | AppliedToYear1Amt |
| Applied To Current Year | $152,593 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $80,095 | RemainingDistriFromCorpusAmt |
| Total Corpus | $80,095 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $80,095 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $80,095 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | RICK GERING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6870 CR-W | AddressLine1Txt |
| City | WINCHESTER | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54557 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7158459231 | RecipientPhoneNum |
| Recipient Email Address | WINMANTRAILS@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | SEND WRITTEN APPLICATIONS TO ADDRESS AS LISTED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APRIL 15TH | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS APPROVED BY BOARD. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CONSERVANCY OF SW FLORIDA | ||||||
| 1495 SMITH PRESERVE WAY | NAPLES | FL | 34102 | NONE | GENERAL SUPPORT | $1,000 |
| GIGI'S PLAYHOUSE | ||||||
| 3910 SCHOFIELD AVE SUITE3 | WESTON | WI | 54476 | NONE | GENERAL SUPPORT | $1,000 |
| EVEREST GRIDIRON | ||||||
| 1000 MACHMUELLER ST | WESTON | WI | 54476 | NONE | GENERAL SUPPORT | $1,000 |
| MW HISTORICAL SOCIETY | ||||||
| PO BOX 100 | MANITOWISH WATERS | WI | 54545 | NONE | GENERAL SUPPORT | $1,000 |
| WINMAN TRAILS | ||||||
| 6870 COUNTY HWY W | WINCHESTER | WI | 54557 | GENERAL SUPPORT | $231,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $235,000 | 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 | $4 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $35,003 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,044,774 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,121,664 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,121,664 | 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 FEES | CategoryTxt |
| Amt | $4,463 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (19 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| CHALET | 2017-07-01 | $244,133 | $21,649 | S/L | 39.0000 | $6,259 |
| STORAGE BUILDING | 2017-07-01 | $50,245 | $4,455 | S/L | 39.0000 | $1,289 |
| TABLES OFFICE EQUIP & PERSONAL PROPERTY | 2017-07-01 | $11,610 | $7,983 | 200DB | 7.0000 | $1,037 |
| CHALET | 2018-07-01 | $161,567 | $10,184 | S/L | 39.0000 | $4,143 |
| TRAIL EQUIPMENT & TOOLS | 2018-07-01 | $25,815 | $9,220 | S/L | 7.0000 | $3,687 |
| LAND IMPROVMENTS | 2019-07-01 | $173,004 | $12,975 | S/L | 20.0000 | $8,650 |
| CHALET FURNITURE | 2019-07-01 | $8,253 | $3,200 | 200DB | 7.0000 | $1,444 |
| EQUIPMENT | 2019-07-01 | $24,051 | $5,154 | S/L | 7.0000 | $3,436 |
| LAND IMPROVMENTS | 2020-07-01 | $197,450 | $9,873 | 150DB | 15.0000 | $18,757 |
| CHALET FURNITURE | 2020-07-01 | $4,818 | $688 | 200DB | 7.0000 | $1,180 |
| LEVELING GROOMER | 2020-07-01 | $5,500 | $786 | 200DB | 7.0000 | $1,347 |
| CANYCOM | 2020-07-01 | $14,203 | $2,029 | 200DB | 7.0000 | $3,478 |
| JOHN DEERE 4500 | 2020-07-01 | $25,000 | $3,571 | 200DB | 7.0000 | $6,123 |
| EXCAVATOR BUCKET THUMB | 2020-07-01 | $2,880 | $411 | 200DB | 7.0000 | $706 |
| GATOR | 2020-01-01 | $31,931 | $4,562 | 200DB | 7.0000 | $7,819 |
| GROOMER | 2020-07-01 | $7,975 | $1,139 | 200DB | 7.0000 | $1,953 |
| TILLER | 2021-01-28 | $32,000 | 200DB | 7.0000 | $4,571 | |
| E26 BOBCAT | 2021-06-15 | $29,370 | 200DB | 7.0000 | $4,196 | |
| WELDER | 2021-10-21 | $1,080 | 200DB | 7.0000 | $154 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $1,050,885 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $178,108 | AccumulatedDepreciationAmt |
| Book Value | $872,777 | BookValueAmt |
| EOYFMV | $872,777 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $4,118 | LegalFeesAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAINS | Desc |
| Amt | $1,079,086 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (22 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| ADVERTISING / PROMOTIONAL | $22,230 | |
| SHIPPING COSTS | $150 | |
| INSURANCE | $19,106 | |
| RENT EQUIPMENT | $2,868 | |
| REPAIRS | $18,474 | |
| SNOW REMOVAL | $1,125 | |
| SUBCONTRACTORS | $32,020 | |
| SUPPLIES | $5,397 | |
| UTILITIES | $4,973 | |
| MISC | $4,572 | |
| GAS | $3,875 | |
| DUES | $1,892 | |
| TRAVEL COSTS | $2,079 | |
| CASH MANAGEMENT ADVISOR FEES | $10,906 | $10,906 |
| TRAIL EQUIP | $2,610 | |
| SIGNS | $628 | |
| TRAIL IMPROVEMENTS | $10,205 | |
| BUG CONTROL | $436 | |
| DONATION | $750 | |
| CREDIT CARD FEES | $11 | |
| EMPLOYEE BENEFITS | $17,742 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Revenue And Expenses Per Books | $41,883 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $41,883 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| GATOR LOAN | $23,373 | $15,672 |
| SALES TAX | $2,169 | |
| PAYROLL TAX PAYABLE | $4,232 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | CategoryTxt |
| Amt | $34,522 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | REAL ESTATE TAXES | CategoryTxt |
| Amt | $3,901 | Amt |