ITS POSSIBLE FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ITS POSSIBLE FOUNDATION INC (EIN 47-5255658)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-28
- IRS object ID
- 202112719349100311
- Schema version
- 2020v4.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-28T10:33:00-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391203191 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SVA CERTIFIED PUBLIC ACCTS SC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1221 JOHN Q HAMMONS DRIVE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53717 | 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 | 475255658 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IT'S POSSIBLE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ITSP | BusinessNameControlTxt |
| Phone | 6087774649 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 E GILMAN STREET NO 5000 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53703 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THERESA A DVORAK | PersonNm |
| Person Title | PRESIDENT/TREASURER/DIRECTOR | PersonTitleTxt |
| Phone | 6087774649 | PhoneNum |
| Signature | 2021-09-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THERESA | PersonFirstNm |
| Person Last | DVORAK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIRSTEN HOUGHTON | PreparerPersonNm |
| PTIN | P01273230 | PTIN |
| Phone | 6088318181 | PhoneNum |
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 |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,337,165 | 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 | $2,672 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,672 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $41,634 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $41,634 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$19,925 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,309,640 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $41,466 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $41,466 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $65,847 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $85,772 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $22,819 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $22,819 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,075 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,075 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,354 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,354 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,210 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $92 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $92 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $37,625 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,521 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,894 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $41,625 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,521 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $28,894 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $24,222 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $78,251 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,106,632 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $658,717 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $658,717 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $407,949 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $48,566 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $48,566 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $456,387 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,013,110 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,013,110 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $209,107 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $610,038 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $610,038 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,734 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,734 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,180,075 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,337,165 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,337,165 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,180,075 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,337,165 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,180,075 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,337,165 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,180,075 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,337,165 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,180,075 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $24,222 | ExcessRevenueOverExpensesAmt |
| Other Increases | $132,868 | OtherIncreasesAmt |
| Subtotal | $2,337,165 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,337,165 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| Gross Sales Price | $1,309,640 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,329,565 | CostOrOtherBasisAmt |
| Gain Or Loss | -$19,925 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$19,925 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$19,925 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$19,925 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,088 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,088 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,088 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $22 | EsPenaltyAmt |
| Tax Due | $1,110 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | THERESA A DVORAK | IndividualWithBooksNm |
| Phone | 6087774649 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 E GILMAN ST SUITE 5000 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| THERESA DVORAK | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | PRESIDENT/TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| CARL DVORAK | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| ALYSSA DVORAK | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | SECRETARY | 1.00 | $0 | $0 | $0 |
| BOB SORGE | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID REINECKE | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID NORTHCUTT | ||||||||
| 150 E GILMAN ST SUITE 5000 | MADISON | WI | 53703 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,456,216 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $305,597 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,761,813 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,761,813 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $26,427 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,735,386 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $86,769 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $86,769 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,088 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,088 | TotalTaxAmt |
| Distributable Before Adj | $85,681 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $85,681 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $85,681 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $28,894 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $28,894 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $28,894 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $85,681 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $63,192 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $63,192 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $28,894 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $28,894 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $56,787 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $56,787 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,405 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,405 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $6,405 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DESTINY FOUNDATION | BusinessNameLine1Txt |
Recipient Foreign Address RecipientForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | KWA LONINGO | AddressLine1Txt |
| City | ILBORU | CityNm |
| Province Or State | ARUSHA | ProvinceOrStateNm |
| Country | TZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SET UP COSTS | GrantOrContributionPurposeTxt |
| Amt | $4,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,672 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,634 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,466 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$19,925 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $65,847 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $65,847 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,150 | Amt |
| Net Investment Income | $2,075 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,075 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (28 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERC TOWER CORP | $21,238 | $21,238 |
| CAPITAL ONE FINL | $22,663 | $22,663 |
| CITIGROUP INC | $23,406 | $23,406 |
| COACH INC | $21,574 | $21,574 |
| CROWN CASTLE INTE | $22,540 | $22,540 |
| DISCOVERY INC | $21,819 | $21,819 |
| EBAY INC | $21,769 | $21,769 |
| EXPRESS SCRIPTS HOL | $21,104 | $21,104 |
| KINDER MORGAN ENE | $20,151 | $20,151 |
| L-3 COMMUNICATION | $21,293 | $21,293 |
| MOTOROLA SOLUTION | $21,142 | $21,142 |
| TEXTRON INC | $21,946 | $21,946 |
| THE KRAFT HEINZ | $21,953 | $21,953 |
| VALERO ENERGY CORP | $21,872 | $21,872 |
| VERISK ANALYTIC | $21,087 | $21,087 |
| VIACOMCBS INC | $21,740 | $21,740 |
| WALGREENS BOOTS A | $22,041 | $22,041 |
| WELLS FARGO BK NA | $23,367 | $23,367 |
| FAMILY DOLLAR STORE | $20,064 | $20,064 |
| SOUTHERN CO GAS | $20,306 | $20,306 |
| MARRIOTT INTERNTN | $20,242 | $20,242 |
| AMERICAN INTERN | $22,122 | $22,122 |
| ZIMMER BIOMET HO | $22,102 | $22,102 |
| ROPER TECHNOLOGIE | $23,038 | $23,038 |
| HUMANA INC | $23,023 | $23,023 |
| RPM INTERNTNL IN | $22,110 | $22,110 |
| BORGWARNER INC. | $21,486 | $21,486 |
| O'REILLY AUTOMOTIVE | $22,840 | $22,840 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (78 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALEXION PHARMA INC. | $3,906 | $3,906 |
| ALPHABET INC | $35,053 | $35,053 |
| AMAZON.COM INC | $32,569 | $32,569 |
| ANTHEM INC | $11,238 | $11,238 |
| APPLE INC | $52,413 | $52,413 |
| BANK OF AMERICA CORP | $16,367 | $16,367 |
| BECTON, DICKINS | $11,260 | $11,260 |
| BERKSHIRE HATHAWAY | $15,072 | $15,072 |
| BOOKING HOLDINGS INC | $4,455 | $4,455 |
| BRISTOL-MYERS SQUIBB | $14,577 | $14,577 |
| BROOKFIELD ASSET MGM | $10,318 | $10,318 |
| CBRE GROUP INC | $9,722 | $9,722 |
| CISCO SYSTEMS INC | $7,831 | $7,831 |
| CITIGROUP INC | $16,032 | $16,032 |
| COMCAST CORP | $13,100 | $13,100 |
| CONSTELLATION BR | $10,953 | $10,953 |
| DUPONT DE NEMOURS INC | $8,889 | $8,889 |
| FEDEX CORP | $7,789 | $7,789 |
| HCA HEALTHCARE INC | $10,690 | $10,690 |
| ISHARES NASDAQ | $11,362 | $11,362 |
| JOHNSON & JOHNSON | $21,246 | $21,246 |
| JP MORGAN CHASE & CO | $7,624 | $7,624 |
| LIBERTY GLOBAL INC | $10,170 | $10,170 |
| MEDTRONIC PLC | $7,614 | $7,614 |
| MICROSOFT CORP | $53,381 | $53,381 |
| NORTONLIFELOCK INC | $11,533 | $11,533 |
| ORACLE CORP | $12,938 | $12,938 |
| PEPSICO INC | $10,381 | $10,381 |
| PROCTER & GAMBLE | $13,914 | $13,914 |
| QUALCOMM INC | $9,902 | $9,902 |
| UNITEDHEALTH GRP INC | $19,287 | $19,287 |
| VANGUARD INDUSTRIALS | $15,299 | $15,299 |
| VANGUARD MORTGAGE BACKED | $21,628 | $21,628 |
| VGRD FTSE ALL WRLD EX US | $10,356 | $10,356 |
| VISA INC | $15,311 | $15,311 |
| ABBVIE INV | $12,429 | $12,429 |
| AGILENT TECHNOLOGIES | $10,664 | $10,664 |
| APPLIED MATERIALS | $10,788 | $10,788 |
| ARISTA NETWORKS INC | $5,811 | $5,811 |
| AUTODESK INC | $6,107 | $6,107 |
| AUTOZONE INC | $11,854 | $11,854 |
| BROADCOM INC | $13,136 | $13,136 |
| CARMAX INC | $9,918 | $9,918 |
| CHECK PT SOFTWARE | $11,297 | $11,297 |
| CIGNA CORP | $10,409 | $10,409 |
| CITRIX SYSTEMS INC | $5,204 | $5,204 |
| EBAY INC | $12,814 | $12,814 |
| EOG RESOURCES INC | $7,730 | $7,730 |
| FACEBOOK INC | $19,121 | $19,121 |
| FLEETCOR TECHNOLOGIES | $10,640 | $10,640 |
| GENERAL DYNAMICS CO | $11,162 | $11,162 |
| GOLDMAN SACHS GROUP | $10,548 | $10,548 |
| HONEYWELL INTL INC | $7,445 | $7,445 |
| INTEL CORP | $12,953 | $12,953 |
| KEURIG DR PEPPER INC | $8,480 | $8,480 |
| LILLY ELI & CO | $18,572 | $18,572 |
| LINDE PLC | $5,270 | $5,270 |
| LOWES COS INC | $15,248 | $15,248 |
| L3HARRIS TECHNOLOGIES INC | $11,341 | $11,341 |
| MARATHON PETE CORP | $8,479 | $8,479 |
| MASTERCARD INC | $12,493 | $12,493 |
| MERCK & CO INC | $15,951 | $15,951 |
| MICRON TECHNOLOGY | $10,525 | $10,525 |
| MONDELEZ INTL | $9,940 | $9,940 |
| NIKE INC | $4,951 | $4,951 |
| NORFOLK SOUTHERN INC | $5,940 | $5,940 |
| ROYALTY PHARMA PLC | $7,508 | $7,508 |
| STARBUCKS CORP | $5,349 | $5,349 |
| TAKE TWO INTERACTV | $9,351 | $9,351 |
| VERTEX PHARMACEUTICAL | $5,909 | $5,909 |
| VMWARE INC | $10,520 | $10,520 |
| WASTE MANAGEMENT INC | $9,434 | $9,434 |
| WELLS FARGO & CO | $10,412 | $10,412 |
| 3M CO | $13,109 | $13,109 |
| SELECT SECTOR UTI SELECT | $17,556 | $17,556 |
| VANGUARD FTSE EMERGING | $10,774 | $10,774 |
| VANGUARD MID CAP ETF | $15,507 | $15,507 |
| VANGUARD SMALL CAP ETF | $26,281 | $26,281 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $48,566 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $48,566 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | AMERN TOWER CORP REIT | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $6,734 | BookValueAmt |
| EOYFMV | $6,734 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $22,819 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $22,819 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OFFICE EXPENSES | Desc |
| Revenue And Expenses Per Books | $92 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $92 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST ON LOAN RECEIVABLE | Desc |
| Revenue And Expenses Per Books | $41,466 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $41,466 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $132,868 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $5,354 | Amt |
| Net Investment Income | $5,354 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| 2018 EXCISE TAX | $3,092 | $0 | $0 | $0 |
| 2019 EXCISE TAX | $2,077 | $0 | $0 | $0 |
| ADDITIONAL 2019 EXCISE TAX | $41 | $0 | $0 | $0 |