NEWSOME FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- NEWSOME FAMILY FOUNDATION (EIN 20-0482177)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-07
- IRS object ID
- 202121279349101517
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-07T11:02:10-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631130097 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABROMS & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1426 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35631 | 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 | 200482177 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEWSOME FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ABROMS AND ASSOCIATES P C | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWS | BusinessNameControlTxt |
| Phone | 2059127215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1426 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35631 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J NEWSOME | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2059127215 | PhoneNum |
| Signature | 2021-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | NEWSOME | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUCY C TROUSDALE | PreparerPersonNm |
| PTIN | P00838360 | PTIN |
| Phone | 2567670740 | PhoneNum |
| Preparation | 2021-05-05 | PreparationDt |
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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $227,999 | 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 | $83 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $10 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $10 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,397 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,397 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,779 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $79,016 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,779 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $6,269 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,186 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,233 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $17 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $149 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,037 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,010 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,436 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,243 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $44 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,436 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,243 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $44 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,833 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,943 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $64,806 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,932 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,932 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $104,447 | CorporateStockBOYAmt |
| Corporate Stock EOY | $143,199 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $199,067 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $45 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $169,298 | TotalAssetsBOYAmt |
| Total Assets EOY | $172,131 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $227,999 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $169,298 | RetainedEarningBOYAmt |
| Retained Earning EOY | $172,131 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $169,298 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $172,131 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $169,298 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $172,131 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $169,298 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,833 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $172,131 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $172,131 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (84 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1 CHUBB | D | 2016-04-06 | 2020-01-07 | $154 | $119 | $35 | $35 |
| 6 UNITED TECHNOLOGIES | D | 2015-07-13 | 2020-01-07 | $915 | $670 | $245 | $245 |
| 6 CHUBB | D | 2016-04-06 | 2020-02-21 | $981 | $711 | $270 | $270 |
| 18 COCA COLA | D | 2018-11-08 | 2020-02-21 | $1,081 | $886 | $195 | $195 |
| 11 INTEL CORP | D | 2015-06-30 | 2020-02-21 | $703 | $336 | $367 | $367 |
| 31 INTEL CORP | D | 2015-06-30 | 2020-02-21 | $1,994 | $945 | $1,049 | $1,049 |
| 9 MARSH & MCLENNAN | D | 2015-09-09 | 2020-02-14 | $1,066 | $483 | $583 | $583 |
| 20 DIAGEO PLC | D | 2015-06-30 | 2020-03-11 | $2,600 | $2,329 | $271 | $271 |
| 4 DIAGEO PLC | D | 2015-07-13 | 2020-03-10 | $545 | $477 | $68 | $68 |
| 6 DIAGEO PLC | D | 2015-07-13 | 2020-03-11 | $780 | $715 | $65 | $65 |
| 10 DIAGEO PLC | D | 2015-07-27 | 2020-03-11 | $1,300 | $1,127 | $173 | $173 |
| 10 INTEL CORP | D | 2015-06-30 | 2021-03-10 | $514 | $305 | $209 | $209 |
| 1 MARSH & MCLENNAN | D | 2015-09-09 | 2021-03-10 | $101 | $54 | $47 | $47 |
| 18 MARSH & MCLENNAN | D | 2015-09-09 | 2020-03-11 | $1,767 | $966 | $801 | $801 |
| 2 ROCKWELL | D | 2015-07-13 | 2020-03-11 | $314 | $249 | $65 | $65 |
| 15 SUNCOR | D | 2015-07-27 | 2020-03-11 | $2,356 | $1,744 | $612 | $612 |
| 60 SUNCOR | D | 2017-01-27 | 2020-03-11 | $1,134 | $1,895 | -$761 | -$761 |
| 4 SUNCOR | D | 2017-01-27 | 2020-03-12 | $62 | $126 | -$64 | -$64 |
| 47 SUNCOR | D | 2018-12-18 | 2020-03-12 | $727 | $1,357 | -$630 | -$630 |
| 28.79 TRUIST | D | 2018-04-13 | 2020-03-11 | $969 | $1,511 | -$542 | -$542 |
| 22.02 TRUIST | D | 2018-10-12 | 2020-03-11 | $741 | $1,068 | -$327 | -$327 |
| 27.20 TRUIST | D | 2018-12-18 | 2020-03-11 | $915 | $1,100 | -$185 | -$185 |
| 20 UNITED TECHNOLOGIES | D | 2015-06-30 | 2020-03-11 | $2,167 | $2,218 | -$51 | -$51 |
| 4 UNITED TECHNOLOGIES | D | 2015-07-13 | 2020-03-11 | $433 | $447 | -$14 | -$14 |
| 15 UNITED TECHNOLOGIES | D | 2015-07-27 | 2020-03-11 | $1,625 | $1,482 | $143 | $143 |
| 2 ACCENTURE | D | 2015-11-20 | 2020-06-19 | $404 | $216 | $188 | $188 |
| 1 BLACKROCK | D | 2016-12-22 | 2020-06-19 | $549 | $388 | $161 | $161 |
| 12 INTEL CORP | D | 2015-06-30 | 2020-06-19 | $716 | $366 | $350 | $350 |
| 4 NEXTERA | D | 2015-06-30 | 2020-08-25 | $1,121 | $393 | $728 | $728 |
| 13 AMER ELECTRIC | D | 2019-09-16 | 2020-10-30 | $1,167 | $1,193 | -$26 | -$26 |
| 1 AMER ELECTRIC | D | 2019-09-16 | 2020-11-18 | $86 | $92 | -$6 | -$6 |
| 1 LOCKHEED | D | 2019-04-10 | 2020-11-18 | $379 | $300 | $79 | $79 |
| 4 ACCENTURE | D | 2020-01-07 | 2020-01-08 | $817 | $821 | -$4 | -$4 |
| 20 COCA COLA | D | 2020-01-07 | 2020-01-08 | $1,086 | $1,086 | $0 | $0 |
| 37 COCA COLA | D | 2020-01-07 | 2020-02-21 | $2,222 | $2,010 | $212 | $212 |
| 26 INTEL CORP | D | 2020-01-07 | 2020-01-31 | $1,663 | $1,545 | $118 | $118 |
| 2 LINDE PLC | D | 2019-10-04 | 2020-02-21 | $438 | $390 | $48 | $48 |
| 9 LINDE PLC | D | 2020-01-07 | 2020-02-21 | $1,973 | $1,851 | $122 | $122 |
| 15 MCDONALDS | D | 2020-01-07 | 2020-02-21 | $3,238 | $3,015 | $223 | $223 |
| 21 MICROSOFT | D | 2020-01-07 | 2020-02-20 | $3,859 | $3,337 | $522 | $522 |
| 2 NEXTERA ENERGY | D | 2020-01-07 | 2020-01-31 | $537 | $481 | $56 | $56 |
| 2 NEXTERA ENERGY | D | 2020-01-07 | 2020-02-14 | $556 | $481 | $75 | $75 |
| 3 ROCKWELL | D | 2020-01-07 | 2020-02-21 | $628 | $614 | $14 | $14 |
| 13 TEXAS INSTRUMENTS | D | 2020-01-07 | 2020-02-21 | $1,672 | $1,696 | -$24 | -$24 |
| 4 ACCENTURE | D | 2020-01-07 | 2020-03-10 | $682 | $821 | -$139 | -$139 |
| 11 COMCAST | D | 2020-01-07 | 2020-03-10 | $417 | $492 | -$75 | -$75 |
| 54 COMCAST | D | 2020-01-07 | 2020-03-11 | $2,034 | $2,413 | -$379 | -$379 |
| 38 CRANE CO | D | 2020-01-07 | 2020-03-11 | $2,189 | $3,300 | -$1,111 | -$1,111 |
| 1 DIAGEO PLC | D | 2020-01-07 | 2020-03-10 | $136 | $167 | -$31 | -$31 |
| 25 JOHNSON & JOHNSON | D | 2020-01-07 | 2020-03-10 | $2,061 | $2,148 | -$87 | -$87 |
| 3 JP MORGAN | D | 2020-01-07 | 2020-03-10 | $292 | $411 | -$119 | -$119 |
| 2 LOCKHEED MARTIN | D | 2019-04-10 | 2020-03-10 | $719 | $600 | $119 | $119 |
| 1 MCDONALDS | D | 2020-01-07 | 2020-03-11 | $187 | $201 | -$14 | -$14 |
| 2 NEXTERA ENERGY | D | 2019-07-02 | 2020-03-10 | $498 | $412 | $86 | $86 |
| 1 NEXTERA ENER1GY | D | 2020-01-07 | 2020-03-10 | $249 | $240 | $9 | $9 |
| 8 NOVARTIS | D | 2020-01-07 | 2020-03-10 | $668 | $759 | -$91 | -$91 |
| 11 PROCTER | D | 2020-01-07 | 2020-03-10 | $1,282 | $1,352 | -$70 | -$70 |
| 15 PROCTER | D | 2020-01-07 | 2020-03-11 | $1,675 | $1,844 | -$169 | -$169 |
| 1 REPUBLIC SERVICES | D | 2020-01-07 | 2020-03-10 | $91 | $90 | $1 | $1 |
| 1 ROCKWELL | D | 2020-01-07 | 2020-03-11 | $157 | $205 | -$48 | -$48 |
| 4 ROCKWELL | D | 2020-01-08 | 2020-03-11 | $628 | $818 | -$190 | -$190 |
| 30 SUNCOR | D | 2020-01-07 | 2020-03-11 | $567 | $1,011 | -$444 | -$444 |
| 16 TRUIST | D | 2020-01-07 | 2020-03-11 | $539 | $887 | -$348 | -$348 |
| 4 VF CORP | D | 2019-09-20 | 2020-03-12 | $229 | $350 | -$121 | -$121 |
| 16 VF CORP | D | 2020-01-07 | 2020-03-12 | $917 | $1,599 | -$682 | -$682 |
| 2 BLACKROCK | D | 2020-01-07 | 2020-04-08 | $899 | $1,016 | -$117 | -$117 |
| 2 ACCENTURE | D | 2020-01-07 | 2020-06-19 | $404 | $410 | -$6 | -$6 |
| 5 CISCO SYSTEMS | D | 2020-02-14 | 2020-06-19 | $226 | $235 | -$9 | -$9 |
| 6 JP MORGAN | D | 2020-01-07 | 2020-06-19 | $582 | $823 | -$241 | -$241 |
| 1 MARSH & MCLENNAN | D | 2020-05-06 | 2020-06-19 | $106 | $99 | $7 | $7 |
| 2 UNION PACIFIC | D | 2020-01-07 | 2020-06-19 | $334 | $359 | -$25 | -$25 |
| 3 VF CORP | D | 2019-09-20 | 2020-06-19 | $188 | $263 | -$75 | -$75 |
| 6 AMER ELECTRIC | D | 2019-09-16 | 2020-08-25 | $477 | $551 | -$74 | -$74 |
| 9 AMER ELECTRIC | D | 2020-01-07 | 2020-08-25 | $715 | $839 | -$124 | -$124 |
| 7 PROCTER | D | 2020-01-07 | 2020-08-25 | $971 | $861 | $110 | $110 |
| 10 JOHNSON & JOHNSON | D | 2020-06-19 | 2020-10-02 | $1,470 | $1,434 | $36 | $36 |
| 20 NOVARTIS | D | 2020-01-07 | 2020-10-02 | $1,752 | $1,896 | -$144 | -$144 |
| 10 HOME DEPOT | D | 2020-01-07 | 2020-11-18 | $2,748 | $2,193 | $555 | $555 |
| 2 LINDE PLC | D | 2020-06-19 | 2020-11-18 | $506 | $413 | $93 | $93 |
| 2 LOCKHEED MARTIN | D | 2020-06-19 | 2020-11-18 | $758 | $750 | $8 | $8 |
| 3 PROCTER | D | 2020-01-07 | 2020-11-18 | $424 | $369 | $55 | $55 |
| 4 PROCTER | D | 2020-06-19 | 2020-11-18 | $565 | $476 | $89 | $89 |
| 1 UNION PACIFIC | D | 2020-01-07 | 2020-11-18 | $206 | $179 | $27 | $27 |
| 2 UNION PACIFIC | D | 2020-01-08 | 2020-11-18 | $413 | $356 | $57 | $57 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,779 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $41 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $41 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $41 | 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 | $0 | EsPenaltyAmt |
| Tax Due | $41 | 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 | AL | 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 | ABROMS AND ASSOCIATES PC | IndividualWithBooksNm |
| Phone | 2567670740 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SOUTH COURT ST STE 610 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35630 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL J NEWSOME | ||||||||
| 3012 SHANDWICK COURT | BIRMINGHAM | AL | 35242 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| STACEY N WALD | ||||||||
| 2636 BLANTON CT | MARIETTA | GA | 300624839 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| KELLY N FREDETTE | ||||||||
| 1115 HAZELTINE LANE | KENNESAW | GA | 30152 | DIRECTOR | 0.00 | $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 | $171,059 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $36,054 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $207,113 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $207,113 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,107 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $204,006 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,200 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,200 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $41 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $41 | TotalTaxAmt |
| Distributable Before Adj | $10,159 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $10,159 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $10,159 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $44 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $44 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $44 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $10,159 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,959,212 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,724,036 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,225 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,084 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,219 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,695,776 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $44 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $44 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $10,115 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $10,115 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,685,661 | 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 | $2,949,097 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,736,564 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,724,036 | ExcessFromYear4Amt |
| Excess From Year3 | $4,225 | ExcessFromYear3Amt |
| Excess From Year2 | $3,084 | ExcessFromYear2Amt |
| Excess From Year1 | $5,219 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL J NEWSOME | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | 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 | $10 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,397 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,779 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,186 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,186 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL NEWSOME | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3012 SHADWICK COURT | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $83 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION & ACCOUNTING | CategoryTxt |
| Amt | $1,250 | Amt |
| Net Investment Income | $1,233 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $17 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 30 ACCENTURE IRELAND | $3,231 | $7,836 |
| 33 AMERICAN ELECTRIC | $2,723 | $2,748 |
| 29 AMGEN | $6,967 | $6,668 |
| 8 BLACKROCK INC | $3,510 | $5,772 |
| 49 CHEVRON CORP | $5,302 | $4,138 |
| 39 CHUBB LTD | $4,725 | $6,003 |
| 198 CISCO SYSTEMS | $8,376 | $8,861 |
| 95 COCA COLA CO | $4,175 | $5,210 |
| 155 COMCAST CORP | $5,804 | $8,122 |
| 14 DIAGEO PLC | $1,993 | $2,223 |
| 33 HOME DEPOT | $4,405 | $8,765 |
| 101 INTEL CORP | $2,938 | $5,032 |
| 61 JOHNSON & JOHNSON COM | $8,188 | $9,600 |
| 61 JP MORGAN CAHSE & CO | $6,611 | $7,751 |
| 28 LINDE PLC EUR | $5,006 | $7,378 |
| 16 LOCKHEED MARTIN | $3,528 | $5,680 |
| 47 MARSH & MCLENNAN COS | $2,887 | $5,499 |
| 27 MCDONALDS | $5,344 | $5,794 |
| 85 MEDTRONIC PLC | $7,307 | $9,957 |
| 64 MICROSOFT CORP | $3,710 | $14,235 |
| 56 NEXTERA ENERGY INC | $1,374 | $4,320 |
| 74 NOVARTIS AG SPON | $6,638 | $6,988 |
| 68 PHILLIPS | $4,746 | $4,756 |
| 55 PROCTOR & GAMBLE | $5,775 | $7,653 |
| 56 RAYTHEON | $2,958 | $3,289 |
| 49 REPLUBLIC SERVICES INC | $3,658 | $4,719 |
| 10 ROCKWELL AUTOMATION | $2,081 | $2,508 |
| 50 TRUIST BANK | $1,967 | $2,396 |
| 52 TEXAS INSTRUMENTS | $5,050 | $8,535 |
| 33 UNION PACIFIC CORP | $4,046 | $6,872 |
| 26 UNITED PARCEL | $4,435 | $4,378 |
| 63 VF CORP | $3,741 | $5,381 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OVERPAID TAXES - APPLIED TO 2011 TAX LIABILITY | Desc |
| BOY Book Value | $45 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBS BROKERAGE FEES | Desc |
| Revenue And Expenses Per Books | $2,037 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,010 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $27 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX COMMISSION | $108 | $0 | $0 |
| FEDERAL INCOME TAX | $41 | $0 | $0 |