PANDA FOUNDATION INC: Form 990EZ, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: PANDA FOUNDATION INC (EIN 65-1011999)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-16
IRS object ID: 202023219349210777
Schema version: 2019v5.0
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-EZ
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-16T20:48:25-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	202447814	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KB ACCOUNTING & TAX SERVICES LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1887	AddressLine1Txt
City	BRADENTON	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	342061887	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990EZ	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	651011999	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PANDA FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PAND	BusinessNameControlTxt
Phone	9417130610	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3302 69TH ST W	AddressLine1Txt
City	BRADENTON	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34209	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT DAVIS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9417130610	PhoneNum
Signature	2020-11-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KERRI L BLENKER	PreparerPersonNm
PTIN	P00129276	PTIN
Phone	8335221040	PhoneNum
Preparation	2020-11-16	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	47.200.219.213	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-16	IPDt
IP Tm	20:48:25	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	3DE469E04C1E6BE8CC14BA8CBEA0B8DC9BD444BA	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3DE469E04C1E6BE8CC14BA8CBEA0B8DC9BD444BA	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-EZ IRS990EZ

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Website Address	WWW.PANDAFDN.COM	WebsiteAddressTxt
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Gross Receipts	$174,993	GrossReceiptsAmt
Info In Schedule O Part I	Yes (X)	InfoInScheduleOPartIInd
Contributions Gifts Grants Etc	$124,961	ContributionsGiftsGrantsEtcAmt
Program Service Revenue	$50,032	ProgramServiceRevenueAmt
Total Revenue	$174,993	TotalRevenueAmt
Grants And Similar Amounts Paid	$121,836	GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct	$9,876	FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint	$22,894	OccupancyRentUtltsAndMaintAmt
Printing Publications Postage	$282	PrintingPublicationsPostageAmt
Other Expenses Total	$44,241	OtherExpensesTotalAmt
Total Expenses	$199,129	TotalExpensesAmt
Excess Or Deficit For Year	-$24,136	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$40,842	NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets	$5,797	OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY	$22,503	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part II	Yes (X)	InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$40,842	BOYAmt
EOY	$16,706	EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

Field	Value	IRS element (for citing)
EOY	$5,797	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$40,842	BOYAmt
EOY	$22,503	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$40,842	BOYAmt
EOY	$22,503	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Primary Exempt Purpose	OUR MISSION IS TWOFOLD: FIRST,TO HELP CHILDREN BY INTERVENING IN THEIR LIVES AND FACILITATING THEIR SUCCESSFUL FUTURES, USING TENNIS AS THE HOOK. LITERACY, READING, PROPER NUTRITION AND EDUCATION ARE OUR MISSIONS PRIMARY FOCAL POINTS, BUT WE ADDRESS NEEDS OF THE ENTIRE FAMILY TO ENSURE SUCCESS. SECOND, TO PROVIDE THE TRAINING AND RESOURCES TO HELP THOSE YOUNGSTERS THAT ASPIRE TO PROFESSIONAL TENNIS CAREERS. OUR PARTNERSHIP WITH THE BOLLETTIERI TENNIS AND LEARNING PROGRAM (BTL) HAS ACHIEVED PHENOMENAL SUCCESS BY OUR COLLABORATION WITH THE UNIVERSITY OF SOUTH FLORIDA.	PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

Field	Value	IRS element (for citing)
Description Program Srvc Accom	WE PROVIDE CHILDREN WITH EDUCATIONAL MATERIAL, MENTORING, AND TRAINING SEMINARS USING TENNIS AS THE VEHICLE TO DELIVER THESE SERVICES. OUR SERVICE INCLUDES ITEMS CRITICAL TO SUCCESS LIKE TUTORING, GUIDANCE, AND MEDICAL SUPPORT TO ADDRESS THE ISSUE OF CHILDHOOD OBESITY AND DIABETES. WE PROVIDE FAMILIES WITH CHILD CARE ALTERNATIVES, EMPLOYMENT SKILLS, HEALTH AND NUTRITION EDUCATION, PARENTING TRAINING AND RECREATION.	DescriptionProgramSrvcAccomTxt
Grants And Allocations	$121,836	GrantsAndAllocationsAmt
Program Service Expenses	$175,336	ProgramServiceExpensesAmt

Field	Value	IRS element (for citing)
Total Program Service Expenses	$175,336	TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp

Field	Value	IRS element (for citing)
Person	ROBERT DAVIS	PersonNm
Title	PRESIDENT	TitleTxt
Average Hrs Per Wk Devoted To Pos	000.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt

Field	Value	IRS element (for citing)
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt	false	ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI	false	OrganizationHadUBIInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Form1120 Pol Filed	false	Form1120PolFiledInd
Made Loans To From Officers	false	MadeLoansToFromOfficersInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	ROBERT DAVIS	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3302 69TH ST W	AddressLine1Txt
City	BRADENTON	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34209	ZIPCd

Field	Value	IRS element (for citing)
Phone	9417130610	PhoneNum

Field	Value	IRS element (for citing)
Foreign Financial Account	false	ForeignFinancialAccountInd
Foreign Office	false	ForeignOfficeInd
Donor Advised Fnds	false	DonorAdvisedFndsInd
Operate Hospital	false	OperateHospitalInd
Tanning Services Provided	false	TanningServicesProvidedInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
School Operating	false	SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd Empl	NONE	PartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof Srvc	NONE	PartVIHghstPdCntrctProfSrvcTxt
Filed Schedule A	Yes (true)	FiledScheduleAInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$124,961	CurrentTaxYearAmt
Total	$124,961	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$124,961	CurrentTaxYearAmt
Total	$124,961	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$124,961	PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$50,032	CurrentTaxYearAmt
Total	$50,032	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$174,993	TotalSupportAmt
Public Support CY170	0.71410	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10	NAME: BOLLETTIERI TENNIS AND LEARNING ADDRESS: 3643 CORTEZ ROAD, STE 150 BRADENTON, FL 34210 CASH CONTRIBUTION: 120,580
FORM 990-EZ, PART I, LINE 16	EXPENSES ADVERTISING & PROMOTIONAL EXP 8,714 OFFICE EXPENSE & SUPPLIES 5,794 TRAVEL 4,417 INSURANCE 1,901 BANK CHARGES 12 CERTIFICATIONS 2,950 DUES & SUBSCRIPTIONS 348 LICENSES 61 MEETING EXPENSE 1,001 OUTSIDE PROF SERVICES 250 REPAIRS & MAINTENANCE 9,106 SUPPLIES & EQUIPMENT 2,519 WEBSITE MARKETING 707 TAXES 500 NON-INVESTMENT DEPRECIATION 5,961 TOTAL 44,241
FORM 990-EZ, PART I, LINE 20	BOOK / TAX DEPRECIATION DIFFERENCE 5,797
FORM 990-EZ, PART II, LINE 24	FURNITURE & EQUIPMENT 0 5,961 LESS ACCUMULATED DEPRECIATION 0 164 TOTAL 0 5,797
FORM 990-EZ, PART III	OUR MISSION IS TWOFOLD: FIRST,TO HELP CHILDREN BY INTERVENING IN THEIR LIVES AND FACILITATING THEIR SUCCESSFUL FUTURES, USING TENNIS AS THE HOOK. LITERACY, READING, PROPER NUTRITION AND EDUCATION ARE OUR MISSIONS PRIMARY FOCAL POINTS, BUT WE ADDRESS NEEDS OF THE ENTIRE FAMILY TO ENSURE SUCCESS. SECOND, TO PROVIDE THE TRAINING AND RESOURCES TO HELP THOSE YOUNGSTERS THAT ASPIRE TO PROFESSIONAL TENNIS CAREERS. OUR PARTNERSHIP WITH THE BOLLETTIERI TENNIS AND LEARNING PROGRAM (BTL) HAS ACHIEVED PHENOMENAL SUCCESS BY OUR COLLABORATION WITH THE UNIVERSITY OF SOUTH FLORIDA.
FORM 990-EZ, PART III, LINE 28	WE PROVIDE CHILDREN WITH EDUCATIONAL MATERIAL, MENTORING, AND TRAINING SEMINARS USING TENNIS AS THE VEHICLE TO DELIVER THESE SERVICES. OUR SERVICE INCLUDES ITEMS CRITICAL TO SUCCESS LIKE TUTORING, GUIDANCE, AND MEDICAL SUPPORT TO ADDRESS THE ISSUE OF CHILDHOOD OBESITY AND DIABETES. WE PROVIDE FAMILIES WITH CHILD CARE ALTERNATIVES, EMPLOYMENT SKILLS, HEALTH AND NUTRITION EDUCATION, PARENTING TRAINING AND RECREATION.