PUBLIC PROPERTY FINANCING CORPORATION OF CALIFORNIA: Form 990EZ, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PUBLIC PROPERTY FINANCING CORPORATION OF CALIFORNIA (EIN 33-0463530)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-02-24
- IRS object ID
- 202110559349200121
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-24T15:39:50-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954192266 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSCHKE & WALL BUSINESS ADV AND CPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30300 AGOURA RD 250 | AddressLine1Txt |
| City | AGOURA HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 913015417 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330463530 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC PROPERTY FINANCING | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION OF CALIFORNIA | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PUBL | BusinessNameControlTxt |
| Phone | 8057191236 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2945 TOWNSGATE ROAD SUITE 200 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM MORTON | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8057191236 | PhoneNum |
| Signature | 2021-02-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | MORTON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY A WALL | PreparerPersonNm |
| PTIN | P00294816 | PTIN |
| Phone | 8189911099 | PhoneNum |
| Preparation | 2021-02-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $105,500 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Program Service Revenue | $105,500 | ProgramServiceRevenueAmt |
| Cost Or Other Basis Expense Sale | $3,695 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | -$3,695 | GainOrLossFromSaleOfAssetsAmt |
| Total Revenue | $101,805 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $95,750 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $15,682 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $11,112 | OtherExpensesTotalAmt |
| Total Expenses | $122,544 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$20,739 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $162,032 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $141,293 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,337 | BOYAmt |
| EOY | $141,293 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,695 | BOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,032 | BOYAmt |
| EOY | $141,293 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,032 | BOYAmt |
| EOY | $141,293 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | TO SUPPORT PUBLIC WELFARE, CHARITABLE, AND EDUCATIONAL PURPOSES. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt | Grants And AllocationsGrantsAndAllocationsAmt |
|---|---|---|
| RENDER ASSISTANCE TO CALIFORNIA PUBLIC AGENCIES BY SERVING AS A COUNTERPARTY TO FINANCING AGREEMENTS FOR THE ACQUISITION OR IMPROVEMENT OF REAL AND PERSONAL PROPERTY FOR THE PUBLIC BENEFIT. | $26,794 | |
| RENDER FINANCIAL SUPPORT TO NON-PROFIT ORGANIZATIONS BENEFITTING PUBLIC WELFARE, CHARITABLE AND EDUCATIONAL PURPOSES THROUGH GRANTS AND DONATIONS. | $95,750 | $95,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $122,544 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| WILLIAM MORTON | ||
| SECRETARY | 000.00 | $0 |
| STEFAN A MORTON | ||
| TREASURER | 000.00 | $0 |
| WILLIAM J FAWELL | ||
| CHAIRMAN | 000.00 | $0 |
| STEPHEN DEWAR | ||
| DIRECTOR | 000.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM MORTON | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2945 TOWNSGATE ROAD SUITE 200 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8057191236 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $161,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $132,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $67,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $124,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $105,500 | CurrentTaxYearAmt |
| Total | $591,500 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $161,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $132,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $67,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $124,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $105,500 | CurrentTaxYearAmt |
| Total | $591,500 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $591,500 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $161,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $132,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $67,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $124,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $105,500 | CurrentTaxYearAmt |
| Total | $591,500 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | NAME: SHERWOOD CHARITABLE FOUNDATION ADDRESS: 320 W. STAFFORD ROAD THOUSAND OAKS, CA 91361 CASH CONTRIBUTION: 12,500 NAME: SHERWOOD CHARITABLE FOUNDATION ADDRESS: 320 W. STAFFORD ROAD THOUSAND OAKS, CA 91361 CASH CONTRIBUTION: 14,250 NAME: WEST VALLEY FOOD PANTRY ADDRESS: 5700 RUDNICK AVENUE WOODLAND HILLS, CA 91367 CASH CONTRIBUTION: 10,000 NAME: JUDICIAL WATCH ADDRESS: 2540 HUNTINGTON DRIVE PASADENA, CA 91108 CASH CONTRIBUTION: 10,000 NAME: SEACREST FOUNDATION ADDRESS: 211 SAXONY ROAD ENCINITAS, CA 92024 CASH CONTRIBUTION: 25,000 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ACCEPTANCE FEES 2,400 BANK SERVICE FEES 315 NOTARY FEES 1,780 POSTAGE & DELIVERY 1,823 TAX & LICENSE 75 CUSTODIAL FEES 3,400 OFFICE EXPENSE 119 REPORTING FEE 1,200 TOTAL 11,112 |
| FORM 990-EZ, PART II, LINE 24 | OFFICE EQUIPMENT 3,695 0 TOTAL 3,695 0 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (4 entries)
| WILLIAM MORTON |
| STEFAN A MORTON |
| WILLIAM J FAWELL |
| STEPHEN DEWAR |