STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE RINA & BHARAT PARIKH FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE RINA & BHARAT PARIKH FOUNDATION INC (EIN 81-4791103)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-15
IRS object ID
202043209349100154
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-15T08:53:42-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DHARMESH PARIKHCPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1906 OAKTREE ROAD SUITE RAddressLine1Txt
CitySOUTH PLAINFIELDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07080ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814791103EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AASKI FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAASKBusinessNameControlTxt
Phone8132532020PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19651 MILANO DRIVEAddressLine1Txt
CityNEW PORT RICHEYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34655ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBHARAT PARIKHPersonNm
Person TitlePRESIDENT & TREASURERPersonTitleTxt
Phone8132532020PhoneNum
Signature2020-07-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDHARMESH PARIKH CPAPreparerPersonNm
PTINP00188711PTIN
Phone9082260821PhoneNum
Preparation2020-11-15PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.251.192.55IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-15IPDt
IP Tm08:53:28IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdAB74ED2492F25CE7FBE7B3FBEB1CB85BA9035CC2AtSubmissionCreationDeviceId
At Submission Filing Device IdF7E6E2017D95D96271BB7A6C67317585897F1877AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$820,433FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Dividends Rev And Expnss$23,379DividendsRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$3,355OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$3,355OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$26,739TotalRevAndExpnssAmt
Total Net Invst Incm$3,355TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,000AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$0TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$5,190OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5,190OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,190TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,190TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$34,001ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$34,001ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$41,191TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,190TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$34,001TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$14,452ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$47,823CashBOYAmt
Cash EOY$7,915CashEOYAmt
Cash EOYFMV$7,915CashEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY$495,236CorporateStockBOYAmt
Corporate Stock EOY$383,361CorporateStockEOYAmt
Corporate Stock EOYFMV$444,543CorporateStockEOYFMVAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments BOY$218,751OtherInvestmentsBOYAmt
Other Investments EOY$356,082OtherInvestmentsEOYAmt
Other Investments EOYFMV$367,975OtherInvestmentsEOYFMVAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$761,810TotalAssetsBOYAmt
Total Assets EOY$747,358TotalAssetsEOYAmt
Total Assets EOYFMV$820,433TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$761,810CapitalStockBOYAmt
Capital Stock EOY$747,358CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$761,810TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$747,358TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$761,810TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$747,358TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$761,810TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$14,452ExcessRevenueOverExpensesAmt
Subtotal$747,358SubtotalAmt
Tot Net Ast Or Fund Balances EOY$747,358TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$31,782AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$704,871NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.045089DistributionYr1Rt
Adjusted Qlfy Distri Yr2$18,245AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$494,512NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.036895DistributionYr2Rt
Adjusted Qlfy Distri Yr3$0AdjustedQlfyDistriYr3Amt
Total Distribution0.081984TotalDistributionRt
Average Distribution0.040992AverageDistributionRt
Net Vl Noncharitable Assets$808,127NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$33,127AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$33,127AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$34,001QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksBHARAT PARIKHIndividualWithBooksNm
Phone9083096655PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19651 MILANO DRIVEAddressLine1Txt
CityTRINITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34655ZIPCd
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
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BHARAT PARIKH
9651 MILANO DRIVENEW PORT RICHEYFL34655PRESIDENT2.00$0$0$0
RINA PARIKH
9651 MILANO DRIVENEW PORT RICHEYFL34655VICE PRESIDENT2.00$0$0$0
SAGAR PARIKH
7 ROLLAR ROAD EASTASBURY PARKNJ07712SECRETARY2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$812,519AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,915AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$820,434TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$820,434AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,307CashDeemedCharitableAmt
Net Vl Noncharitable Assets$808,127NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,406MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,406MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$40,406DistributableBeforeAdjAmt
Distributable Before Ded$40,406DistributableBeforeDedAmt
Distributable As Adjusted$40,406DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$34,001ExpensesAndContributionsAmt
Qualifying Distributions$34,001QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$34,001AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$40,406DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$0ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$31,782ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$31,782TotalExcessDistributionCyovAmt
Qualifying Distributions$34,001QualifyingDistributionsAmt
Applied To Year1$31,782AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$2,219RemainingDistriFromCorpusAmt
Total Corpus$34,001TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$40,406UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$34,001ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$31,782ExcessFromYear1Amt
Excess From Current Year$2,219ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EKAL VIDYALAYA FOUNDATION OF USA
1712 HIGHWAY 6 SOUTHHOUSTONTX77077NON PROFITEDUCATION$18,250
GANDEVI SEVA SAMAJ OF NORTH AMERICA INC
26 BELLE OAK LNBELLEVILLENJ07109NON PROFITEDUCATION, CULTURAL ACTIVITY$250
TRAGEDY ASSITANCE FOR SURVIVORS INC
3033 WILSON BLVDARLINGTONVA22201NON PROFITAssist Surviving Families$10,000
DABHOI SAMAJ OF AMERICA INC
906 OAKTREE ROAD SUITE RSOUTH PLAINFIELDNJ07080NON PROFITCULTRAL ACTIVITY$3,501
THE OM FOUNDATION
1 SCENIC WAYMONROE TOWNSHIPNJ08831NON PROFITPROMOTE CANCER AWARNESS$500
AUSA ABERDEEN CHAPTER
2425 WILSON BLVDARLINGTONVA22201NON PROFITSUPPORT THE US ARMY$1,500
(no name)
$0
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$34,001TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$23,379ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,358ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$26,742ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$26,742TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
US EQUITY$383,361$444,543
NON US EQUITY$0$0

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT GRADE FIXED INCOMECategoryOrItemTxt
Book Value$356,082BookValueAmt
EOYFMV$367,975EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescInvestment FeesDesc
Revenue And Expenses Per Books$5,190RevenueAndExpensesPerBooksAmt
Net Investment Income$5,190NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
From Investment$3,355$3,355
Short and long term Gain