CHOSON FOUNDATION TR: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHOSON FOUNDATION TR (EIN 58-6456333)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-26
- IRS object ID
- 202132389349100803
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-26T14:56:18-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582477564 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSENTHAL & KAPLIN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1117 PERIMETER CTR W STE E201 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30338 | 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 | 586456333 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHOSON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHOS | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5903-B PEACHTREE INDUSTRIAL BLVD | AddressLine1Txt |
| City | PEACHTREE CORNERS | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 300923400 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES J CHO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7709344321 | PhoneNum |
| Signature | 2021-08-13 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES J | PersonFirstNm |
| Person Last | CHO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ELLIOTT KARLIP CPA | PreparerPersonNm |
| PTIN | P00044895 | PTIN |
| Phone | 7705518665 | PhoneNum |
| Preparation | 2021-08-26 | PreparationDt |
| 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 | $4,799,955 | 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 | $550,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $33,266 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33,266 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $33,266 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $50,772 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $46,868 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $50,772 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$10,346 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $875,676 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,668 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,944 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,944 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $9,944 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $633,636 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $92,746 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $93,982 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,530 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,787 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $3,959 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $7,500 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $20,903 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $36,679 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $163,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $163,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $200,179 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $163,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $433,457 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $92,746 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $93,982 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,837,432 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,977,430 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,977,430 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,363,793 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,659,703 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,809,051 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $91,487 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $78,012 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $17,433 | LandBOYAmt |
| Land EOY | $13,475 | LandEOYAmt |
| Land EOYFMV | $13,474 | LandEOYFMVAmt |
| Total Assets BOY | $4,218,658 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,650,608 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,799,955 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,507 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,507 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,217,151 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,650,608 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,217,151 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,650,608 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,218,658 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,650,608 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,217,151 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $433,457 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,650,608 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,650,608 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,668 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,289 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,289 | SubtotalAmt |
| Tax Based On Investment Income | $1,289 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,023 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,750 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,773 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $5 | EsPenaltyAmt |
| Overpayment | $1,479 | OverpaymentAmt |
| Applied To ES Tax | $1,479 | AppliedToESTaxAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JAMES J CHO OFFICER | IndividualWithBooksNm |
| Phone | 7709344321 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1035 CARNOUSTIE LANE | AddressLine1Txt |
| City | ALPHARETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | KS | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES J CHO | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1035 CARNOUSTIE LANE | AddressLine1Txt |
| City | ALPHARETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANTS TO INDIVIDUALS | Description1Txt |
| Expenses1 | $99,500 | Expenses1Amt |
| Description2 | SCHOLARSHIPS | Description2Txt |
| Expenses2 | $46,000 | Expenses2Amt |
| Description3 | CHURCH MISSIONS | Description3Txt |
| Expenses3 | $10,000 | Expenses3Amt |
| Description4 | OTHER 501(C)(3) CHARITIES | Description4Txt |
| Expenses4 | $8,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,285,562 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $470,897 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,474 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,769,933 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,769,933 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $56,549 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,713,384 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $185,669 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $163,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $163,500 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $163,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $163,500 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $163,500 | RemainingDistriFromCorpusAmt |
| Total Corpus | $163,500 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $93,982 | CurrentYearAmt |
| Year1 | $95,876 | Year1Amt |
| Year2 | $80,840 | Year2Amt |
| Year3 | $67,029 | Year3Amt |
| Total | $337,727 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $79,885 | CurrentYearAmt |
| Year1 | $81,495 | Year1Amt |
| Year2 | $68,714 | Year2Amt |
| Year3 | $56,975 | Year3Amt |
| Total | $287,069 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $163,500 | CurrentYearAmt |
| Year1 | $158,335 | Year1Amt |
| Year2 | $109,008 | Year2Amt |
| Year3 | $105,912 | Year3Amt |
| Total | $536,755 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $163,500 | CurrentYearAmt |
| Year1 | $158,335 | Year1Amt |
| Year2 | $109,008 | Year2Amt |
| Year3 | $105,912 | Year3Amt |
| Total | $536,755 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,650,608 | CurrentYearAmt |
| Year1 | $3,756,768 | Year1Amt |
| Year2 | $3,350,146 | Year2Amt |
| Year3 | $3,334,299 | Year3Amt |
| Total | $15,091,821 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,650,608 | CurrentYearAmt |
| Year1 | $3,756,768 | Year1Amt |
| Year2 | $3,350,146 | Year2Amt |
| Year3 | $3,334,299 | Year3Amt |
| Total | $15,091,821 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| JUNG YUN OTHERS | |||||||
| 5903-B PEACHTREE | INDUSTRIAL BLVD | PEACHTREE CORNERS | GA | 30092 | HUMANITARIAN RELIEF | $99,500 | |
| OTHER CHARITIES | |||||||
| 5903-B PEACHTREE | INDUSTRIAL BLVD | PEACHTREE CORNERS | GA | 30092 | GRANTS TO OTHER 501(C)(3) CHARITIES | $8,000 | OTHER CHARITIES |
| NAE PROJECT & OTHERS | |||||||
| 5903-B PEACHTREE | INDUSTRIAL BLVD | PEACHTREE CORNERS | GA | 30092 | EDUCATIONAL SCHOLARSHIP FUNDING | $46,000 | SCHOLARSHIPS |
| PERU MISSION | |||||||
| 5903-B PEACHTREE | INDUSTRIAL BLVD | PEACHTREE CORNERS | GA | 30092 | MISSIONS HEALTHCARE, CONSTRUCTION | $10,000 | CHURCH MISSIONS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $163,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $33,266 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $50,772 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $9,944 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$10,346 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $83,636 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $83,636 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| PATRICK Y CHO | ||||||
| 1 | 1035 CARNOUSTIE LANE | ALPHARETTA | GA | 30005 | $65,000 | Yes (X) |
| JAMES AND UN CHO | ||||||
| 2 | 1035 CARNOUSTIE LANE | ALPHARETTA | GA | 30005 | $105,000 | Yes (X) |
| AM-KO LANDSCAPING SERVICES INC | ||||||
| 3 | 5903-B PEACHTREE INDUSTRIAL BLVD | NORCROSS | GA | 30092 | $130,000 | Yes (X) |
| AM-KO INC | ||||||
| 4 | 5903-B PEACHTREE INDUSTRIAL BLVD | NORCROSS | GA | 30092 | $250,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,530 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $3,959 | CurrentYearExpenseAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| NATIONAL FINANCIAL SERVICES 6385 | 2018-06 | PURCHASE | 2020-10 | $150,210 | $149,873 | $337 |
| NATIONAL FINANCIAL SERVICES 5120 | 2019-11 | PURCHASE | 2020-07 | $284,086 | $326,124 | -$42,038 |
| NATIONAL FINANCIAL SERVICES 5120 | 2017-12 | PURCHASE | 2020-11 | $438,712 | $410,025 | $28,687 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY INVESTMENTS 5120 | $858,167 | $962,480 |
| FIDELITY INVESTMENTS 6385 | $1,303,809 | $1,344,527 |
| LINCOLN NATIONAL INSURANCE ANNUITY | $497,727 | $502,044 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|---|
| KEYBOARD | $1,975 | $1,975 | $43,390 | |
| SOUND SYSTEM | $1,383 | $1,383 | ||
| PROJECTOR | $5,000 | $5,000 | ||
| VEHCILES | $77,929 | $68,465 | $9,464 | |
| BOAT DOCK | $5,200 | $1,189 | $4,011 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| COMPUTER EXPENSE | $600 |
| INVESTMENT FEES | $14,895 |
| ADVERTISING | $3,000 |
| BANK SERVICE CHARGES | $80 |
| INSURANCE | $2,328 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INVESTMENT INCOME | $1,250 | $1,250 | $1,250 |
| ANNUITY TAXABLE INCOME | $8,694 | $8,694 | $8,694 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AM-KO BUILDING MAINTENANCE, I | Desc |
| BOY Book Value | $1,507 | BOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| JAMES UN H CHO | |||
| 1035 CARNOUSTIE LANE | ALPHARETTA | GA | 30005 |
| PATRICK Y CHO | |||
| 1035 CARNOUSTIE LANE | ALPHARETTA | GA | 30005 |
| AM-KO LANDSCAPING INC | |||
| 5903 B PEACHTREE INDUSTRIAL BLVD | PEACHTREE CORNERS | GA | 30092 |
| AM-KO INC | |||
| 5903 B PEACHTREE INDUSTRILA BLVD | PEACHTREE CORNERS | GA | 30092 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FOREIGN TAX PAID | $378 |
| PROPERTY TAXES | $504 |
| FEDERAL INCOME TAX | $905 |