THE ROUSE FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE ROUSE FOUNDATION INC (EIN 46-4698448)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-31
- IRS object ID
- 202002139349100110
- Schema version
- 2019v5.1
- 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
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-31T08:01:18-00:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Samet Consulting | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4672 Oxford Circle | AddressLine1Txt |
| City | Macon | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464698448 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Rouse Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROUS | BusinessNameControlTxt |
| Phone | 4787571070 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 129 Bankhead Highway | AddressLine1Txt |
| City | Carrollton | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30117 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Charlie Rouse | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-07-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Meyer H Samet | PreparerPersonNm |
| Phone | 4787571070 | PhoneNum |
| Preparation | 2020-07-31 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $697 | 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 | $51,255 | ContriRcvdRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $15,195 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $66,450 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $71,066 | OthEmplSlrsWgsRevAndExpnssAmt |
| Taxes Rev And Expnss | $327 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $327 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,576 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $4,576 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $75,969 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,903 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $75,969 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,903 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$9,519 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,114 | CashBOYAmt |
| Cash EOY | $697 | CashEOYAmt |
| Cash EOYFMV | $697 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $2,800 | AcctRcvblBOYAmt |
| Total Assets BOY | $9,914 | TotalAssetsBOYAmt |
| Total Assets EOY | $697 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $697 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,667 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,528 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $3,667 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,528 | TotalLiabilitiesEOYAmt |
| Retained Earning BOY | $6,247 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$2,831 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,247 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$2,831 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,914 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $697 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,247 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$9,519 | ExcessRevenueOverExpensesAmt |
| Other Increases | $441 | OtherIncreasesAmt |
| Subtotal | -$2,831 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | -$2,831 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,576 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,576 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 000001.000000 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,989 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,988 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 000001.000335 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $919 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,714 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 000000.536173 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $350 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $421 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 000000.831354 | DistributionYr4Rt |
| Total Distribution | 000003.367862 | TotalDistributionRt |
| Average Distribution | 000000.673572 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $687 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $463 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $463 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,903 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Rouse Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7708388440 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 129 Bankhead Highway | AddressLine1Txt |
| City | Caorrollton | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Charlie Rouse | ||||||
| 129 Bankhead Highway | Carrollton | GA | 30117 | President | 004.00 | $0 |
| Deidre Fouse | ||||||
| 129 Bankhead Highway | Carrollton | GA | 30117 | Vice Presdient | 001.00 | $0 |
| Chaturia Rouse | ||||||
| 129 Bankhead Highway | Carrollton | GA | 30117 | Secretary | 001.00 | $0 |
| Camaray Rouse | ||||||
| 129 Bankhead Highway | Carrollton | GA | 30117 | Treasurer | 001.00 | $0 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $697 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $697 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $697 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $687 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $34 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $34 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $34 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $34 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $34 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,903 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,903 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $4,903 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $34 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $329 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $833 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,840 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $4,002 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,903 | QualifyingDistributionsAmt |
| Applied To Current Year | $34 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,869 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,871 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $8,871 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $329 | ExcessFromYear4Amt |
| Excess From Year3 | $833 | ExcessFromYear3Amt |
| Excess From Year2 | $2,840 | ExcessFromYear2Amt |
| Excess From Year1 | $4,358 | ExcessFromYear1Amt |
| Excess From Current Year | $4,869 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Charlie Rouose | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
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 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Business Expense | $270 | $270 |
| Equipment Rental | $204 | $204 |
| King of Hearts | $223 | $223 |
| Mission Supplies | $413 | $413 |
| Books, Subscriptions, Reference | $700 | $700 |
| Postage, Mailing Service | $506 | $506 |
| Supplies | $2,150 | $2,150 |
| Other Costs | $110 | $110 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Donations | Desc |
| Revenue And Expenses Per Books | $15,195 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Carry Forward Amounts | Desc |
| Amt | $441 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Taxes | CategoryTxt |
| Amt | $327 | Amt |
| Disbursements Charitable Prps | $327 | DisbursementsCharitablePrpsAmt |