BERGEN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BERGEN FOUNDATION (EIN 95-6044540)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-11-21
- IRS object ID
- 202203259349100125
- 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
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-21T16:22:04-08:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William H Downs CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13701 Riverside Drive 400 | AddressLine1Txt |
| City | Sherman Oaks | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 956044540 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bergen Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERG | BusinessNameControlTxt |
| Phone | 8189813505 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13701 Riverside Drive 800 | AddressLine1Txt |
| City | Sherman Oaks | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91423 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kris Bergen | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Signature | 2022-11-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Kris | PersonFirstNm |
| Person Last | Bergen | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William H Downs | PreparerPersonNm |
| PTIN | P00081850 | PTIN |
| Phone | 8189814313 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,378,509 | 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 |
| Dividends Rev And Expnss | $253,367 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $253,367 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $856,196 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,889,305 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $856,196 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $459,831 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $459,831 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,569,394 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,569,394 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $410,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $237,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $173,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,905 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,905 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,780 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,890 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,890 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $14,732 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,662 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,070 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $9,937 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,956 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,981 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,936 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,936 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $101,698 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $99,776 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,922 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $546,988 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $356,189 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $190,799 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $646,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $646,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,193,488 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $356,189 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $837,299 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $375,906 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,213,205 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $416,679 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $41,747 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $730,720 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $730,720 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,765,258 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,894,237 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,047,151 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,103,135 | CorporateBondsBOYAmt |
| Other Investments BOY | $501,403 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $594,403 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $594,403 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,000,635 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,006,235 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,006,235 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $14,828,857 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,225,595 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,378,509 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $14,828,857 | NoDonorRstrNetAssestsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,828,857 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,225,595 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,828,857 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,225,595 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,828,857 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $375,906 | ExcessRevenueOverExpensesAmt |
| Other Increases | $20,832 | OtherIncreasesAmt |
| Subtotal | $15,225,595 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $15,225,595 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Various | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2020-01-01 | AcquiredDt |
| Sold | 2021-11-30 | SoldDt |
| Gross Sales Price | $2,889,305 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,033,109 | CostOrOtherBasisAmt |
| Gain Or Loss | $856,196 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $856,196 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $856,196 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,864 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,864 | SubtotalAmt |
| Tax Based On Investment Income | $16,864 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $17,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $17,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $146 | EsPenaltyAmt |
| Tax Due | $10 | 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 |
| 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 | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Larkin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8189813505 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13701 Riverside Drive Eighth Floor | AddressLine1Txt |
| City | Sherman Oaks | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91423 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
|---|---|---|---|---|---|---|
| Kris Bergen | ||||||
| c/o Foundation address | Sherman Oaks | CA | 91423 | President | 25.00 | $250,000 |
| Candice Bergen | ||||||
| c/o Foundation address | Sherman Oaks | CA | 91423 | Secretary | 1.00 | $0 |
| John Larkin | ||||||
| 13701 Riverside Drive Ste 800 | Sherman Oaks | CA | 91423 | Director | 20.00 | $160,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,858,161 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $588,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $594,403 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,040,969 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $17,040,969 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $255,615 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,785,354 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $839,268 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $839,268 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,864 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,864 | TotalTaxAmt |
| Distributable Before Adj | $822,404 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $822,404 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $822,404 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $837,299 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $837,299 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $837,299 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $822,404 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,756 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $104,202 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $146,041 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $41,767 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $293,766 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $837,299 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $822,404 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $14,895 | RemainingDistriFromCorpusAmt |
| Total Corpus | $308,661 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $308,661 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,756 | ExcessFromYear4Amt |
| Excess From Year3 | $104,202 | ExcessFromYear3Amt |
| Excess From Year2 | $146,041 | ExcessFromYear2Amt |
| Excess From Year1 | $41,767 | ExcessFromYear1Amt |
| Excess From Current Year | $14,895 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Do not send applications | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13701 Riverside Drive Suite 800 | AddressLine1Txt |
| City | Sherman Oaks | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | Do not submit. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Not applicable | SubmissionDeadlinesTxt |
| Restrictions On Awards | Not applicable | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See list attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Checks written to | AddressLine1Txt |
| City | public charities | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | Char | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Public Charity | GrantOrContributionPurposeTxt |
| Amt | $646,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $646,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $253,367 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $856,196 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| Partnership income | 16 | $449,831 |
| Royalty and license fee | 15 | $10,000 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $713,198 | ExclusionAmt |
| Related Or Exempt Function Incm | $856,196 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,569,394 | 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 | Accounting | CategoryTxt |
| Amt | $3,780 | Amt |
| Net Investment Income | $1,890 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,890 | DisbursementsCharitablePrpsAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal | CategoryTxt |
| Legal Fees | $1,905 | LegalFeesAmt |
| Net Investment Income | $1,905 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Prepaid payroll tax | $635 | $6,235 | $6,235 |
| Tangible & intangible items | $1,000,000 | $1,000,000 | $1,000,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FTB & AG Filing fee | $293 | $293 | |
| Investment advisor | $99,397 | $99,397 | |
| Office and other | $758 | $379 | $379 |
| Storage | $1,250 | $1,250 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Partnership income | $449,831 | $449,831 |
| Royalty and license fee | $10,000 | $10,000 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PPP Loan | Desc |
| Amt | $20,832 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Federal excise tax | $6,070 | $6,070 | |
| Foreign tax on dividends | $127 | $127 | |
| Payroll tax | $8,535 | $8,535 |