STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE ROUSE FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE ROUSE FOUNDATION INC (EIN 46-4698448)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-13
IRS object ID
202132569349100768
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-09-13T09:00:44-00:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Samet ConsultingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14672 Oxford CircleAddressLine1Txt
CityMaconCityNm
State AbbreviationGAStateAbbreviationCd
ZIP31210ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464698448EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1cBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROUSBusinessNameControlTxt
Phone4787571070PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1129 Bankhead HighwayAddressLine1Txt
CityCarrolltonCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30117ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCharlie RousePersonNm
Person TitlePresidentPersonTitleTxt
Phone7708388440PhoneNum
Signature2021-09-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCharliePersonFirstNm
Person LastRousePersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMeyer H SametPreparerPersonNm
PTINP20443515PTIN
Phone4787571070PhoneNum
Preparation2021-09-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$45,402FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$83,707ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$83,707TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$64,786OthEmplSlrsWgsRevAndExpnssAmt
Other Expenses Rev And Expnss$15,547OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$10,575OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$80,333TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$10,575TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$86,033TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,275TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,326ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$697CashBOYAmt
Cash EOY$45,402CashEOYAmt
Cash EOYFMV$45,402CashEOYFMVAmt
Total Assets BOY$697TotalAssetsBOYAmt
Total Assets EOY$45,402TotalAssetsEOYAmt
Total Assets EOYFMV$45,402TotalAssetsEOYFMVAmt
Accounts Payable BOY$3,528AccountsPayableBOYAmt
Accounts Payable EOY$3,528AccountsPayableEOYAmt
Mortgages And Notes Payable EOY$38,500MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY$3,528TotalLiabilitiesBOYAmt
Total Liabilities EOY$42,028TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY-$3,528AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$543AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$697RetainedEarningBOYAmt
Retained Earning EOY$3,374RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY-$2,831TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,374TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$697TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$45,402TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$2,831TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,326ExcessRevenueOverExpensesAmt
Other Increases$8,531OtherIncreasesAmt
Subtotal$3,374SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,374TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website Addresswww.rousefoundation.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1The Rouse FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7708388440PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1129 Bankhead HighwayAddressLine1Txt
CityCaorrolltonCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30117ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Charlie Rouse
129 Bankhead HighwayCarrolltonGA30117President004.00$0
Deidre Fouse
129 Bankhead HighwayCarrolltonGA30117Vice Presdient001.00$0
Chaturia Rouse
129 Bankhead HighwayCarrolltonGA30117Secretary001.00$0
Camaray Rouse
129 Bankhead HighwayCarrolltonGA30117Treasurer001.00$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonUrsula PhillipsPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19978 Bridgewater PointeAddressLine1Txt
CityVila RicaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30180ZIPCd
FieldValueIRS element (for citing)
TitleDirectorTitleTxt
Average Hrs Per Wk Devoted To Pos024.00AverageHrsPerWkDevotedToPosRt
Compensation$64,786CompensationAmt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

FieldValueIRS element (for citing)
PersonUrsala PhillipsPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19978 Bridgewater PointeAddressLine1Txt
CityVilla RicaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30180ZIPCd
FieldValueIRS element (for citing)
Service TypeDirectorServiceTypeTxt
Compensation$65,980CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Go for the Red 250 participantsDescription1Txt
Expenses1$650Expenses1Amt
Description2Youth Summit 25 studentsDescription2Txt
Expenses2$3,000Expenses2Amt
Description3Healthy Heart Scholarship 15 studentsDescription3Txt
Expenses3$650Expenses3Amt
Description4Mission Supplie 500 recipientsDescription4Txt
Expenses4$947Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$45,402AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$45,402TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$45,402AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$681CashDeemedCharitableAmt
Net Vl Noncharitable Assets$44,721NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,236MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,275ExpensesAndContributionsAmt
Qualifying Distributions$16,275QualifyingDistributionsAmt
Adjusted Qualifying Distri$16,275AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$329ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$833ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,840ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$4,869ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,871TotalExcessDistributionCyovAmt
Undistributed Income CY$0UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCharlie RouoseContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Healthy Heart Scholarshlip
129 Bankhead HighwayCarroltonGA30117Motivate Children$1,200
Faith Outreach
129 Bankhead HighwayCarroltonGA30117Honduras disastger$1,500
Fred O'neal
129 Bankhead HighwayCarroltonGA30117Mission$500
One Body One MInd
129 Bankhead HighwayCarroltonGA30117Homeless$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,700TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

FieldValueIRS element (for citing)
Mortgage$38,500MortgageAmt

Note Payable NotePayableGrp

Lender Name LenderNameGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SBABusinessNameLine1Txt
FieldValueIRS element (for citing)
Loan Original$38,500LoanOriginalAmt
Balance Due$38,500BalanceDueAmt
Note2020-06NoteDt
Loan Maturity2050-06LoanMaturityDt
Repayment TermsNone till 2022RepaymentTermsTxt
Interest0000000000.032500000000InterestRt
Security Provided BorrowerFounderSecurityProvidedBorrowerTxt
Loan PurposeSeed MoneyLoanPurposeTxt
Lender ConsiderationCovid SBA loanLenderConsiderationDesc

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Business Expense$20$20
Construcation$2,500$2,500
Go for Red$650$650
Mission Supplies$705$705
Health Heart Scholarship$1,200$1,200
Operation$947
Youth Summit$3,000$3,000
Outgoing Donations$2,500$2,500
misc$2,831
misc$1,194

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
Descnet funds utilizedDesc
Amt$8,531Amt

Taxes Schedule TaxesSchedule