CHENG FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CHENG FAMILY FOUNDATION (EIN 90-0883149)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349105749
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T14:23:48-08:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara L Nielsen CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2629 Foothill Blvd 320 | AddressLine1Txt |
| City | La Crescenta | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91214 | 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 | 900883149 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHENG FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHEN | BusinessNameControlTxt |
| Phone | 6265781978 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WAVERLY DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CHENG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6265781978 | PhoneNum |
| Signature | 2020-07-12 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara L Nielsen | PreparerPersonNm |
| PTIN | P00537965 | PTIN |
| Phone | 8189572208 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 137.25.58.189 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 14:23:36 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F2C8C9440B91311C21C349BBBCA30974F0E086D8 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F2C8C9440B91311C21C349BBBCA30974F0E086D8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,468,856 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $566 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $566 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $17,252 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,252 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $290,519 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $290,519 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $3,687 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,549 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $0 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $220,407 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $216,236 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $525,195 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $524,573 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $247,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $123,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $123,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $27,260 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $314 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $13,014 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,507 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $616 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $157 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $41,608 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $26,337 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $11,899 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $80,572 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $80,488 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $12,813 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $6,407 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,407 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $171,615 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $144,537 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,281 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $594,812 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $387,933 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $143,087 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $459,391 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $459,391 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,054,203 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $387,933 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $602,478 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$529,008 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $136,640 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $10,192 | CashEOYAmt |
| Cash EOYFMV | $10,192 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $340,158 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $94,530 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $94,530 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl BOY | $900,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations EOY | $374,432 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $374,699 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,578,265 | CorporateStockBOYAmt |
| Corporate Stock EOY | $465,892 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $500,610 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $5,084,132 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $572,103 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $168,532 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,512,029 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $5,289,680 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $246,300 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $198,798 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,236 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,109 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $211 | LandBOYAmt |
| Land EOY | $127 | LandEOYAmt |
| Land EOYFMV | $127 | LandEOYFMVAmt |
| Other Assets BOY | $1,214,626 | OtherAssetsBOYAmt |
| Other Assets EOY | $220 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $220 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,201,792 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,703,722 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,468,856 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $357 | AccountsPayableBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $1,900,000 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $357 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,900,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,201,435 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,803,722 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,201,435 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,803,722 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,201,792 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,703,722 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,201,435 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$529,008 | ExcessRevenueOverExpensesAmt |
| Other Increases | $600,917 | OtherIncreasesAmt |
| Subtotal | $4,273,344 | SubtotalAmt |
| Other Decreases | $469,622 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,803,722 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SECURITIES, SHORT-TERM, MERRILL LYNCH | P | 2019-01-01 | 2019-07-01 | $19,248 | $0 | $0 | $19,248 | $0 | $0 | $0 | $19,248 |
| SECURITIES, SHORT-TERM, TD AMERITRADE | P | 2019-07-01 | 2019-12-31 | $0 | $0 | $36,160 | -$36,160 | $0 | $0 | $0 | -$36,160 |
| SECURITIES, LONG-TERM, MERRILL LYNCH | P | 2018-07-01 | 2019-07-01 | $10,213 | $0 | $0 | $10,213 | $0 | $0 | $0 | $10,213 |
| SECURITIES, LONG-TERM, TD AMERITRADE | P | 2018-07-01 | 2019-07-01 | $4,531 | $0 | $0 | $4,531 | $0 | $0 | $0 | $4,531 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$2,168 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$16,912 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,175,581 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,434,341 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.265108 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,844,790 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,694,389 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.392978 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,296,241 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,764,905 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.224850 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $839,544 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,665,076 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.125962 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $695,368 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,754,230 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.059159 | DistributionYr5Rt |
| Total Distribution | 1.068057 | TotalDistributionRt |
| Average Distribution | 0.213611 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,818,919 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,029,374 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,366 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,030,740 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $602,478 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,733 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,733 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,733 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $859 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,359 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$7,359 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $60 | EsPenaltyAmt |
| Overpayment | $4,566 | OverpaymentAmt |
| Applied To ES Tax | $4,566 | 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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| 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 | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTEGRITY ACCOUNTING SOLUTIONS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8184140332 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N BRAND BLVD Ste 200 | AddressLine1Txt |
| City | GLENDALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 912033590 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JENNIFER CHENG | ||||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PRESIDENT & DIRECTOR | 30.00 | $247,000 | $0 | $11,166 |
| KEITH CHENG | ||||||||
| 17542 MARDEE AVE | LAKE OSWEGO | OR | 97035 | DIRECTOR & SECRETARY | 2.00 | $0 | $0 | $0 |
| JEAN LING | ||||||||
| 6152 AVALON CT | LONG BEACH | CA | 90803 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| EUGENE CHENG | ||||||||
| 1931 E IRON ST | MILWAUKEE | WI | 53207 | DIRECTOR & TREASURER | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,213,890 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $170,079 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,508,335 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,892,304 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $4,892,304 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $73,385 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,818,919 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $240,946 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $240,946 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,733 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,733 | TotalTaxAmt |
| Distributable Before Adj | $238,213 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $238,213 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $238,213 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $602,478 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $602,478 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $602,478 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $238,213 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $370,700 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $920,462 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,864,331 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,619,018 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,175,581 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,950,092 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $602,478 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $602,478 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,552,570 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $238,213 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $370,700 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,181,870 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $920,462 | ExcessFromYear4Amt |
| Excess From Year3 | $1,864,331 | ExcessFromYear3Amt |
| Excess From Year2 | $1,619,018 | ExcessFromYear2Amt |
| Excess From Year1 | $1,175,581 | ExcessFromYear1Amt |
| Excess From Current Year | $602,478 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ARGRYOS THE | ||||||
| 120 MAIN ST S | KETCHUM | ID | 83340 | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| CHAMBER MUSIC NORTHWEST | ||||||
| 522 SW 5TH AVENUE | PORTLAND | OR | 97204 | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| DANCE CONSERVATORY OF PASADENA SCHOOL | ||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PUBLIC CHARITY | GENERAL SUPPORT | $160,000 |
| DIAVOLO DANCE THEATER | ||||||
| 616 MOULTON AVENUE | LOS ANGELES | CA | 90031 | PUBLIC CHARITY | GENERAL SUPPORT | $12,000 |
| FRANCISCO MARTINEZ DANCE THEATER | ||||||
| 6723 MATILIJA AVENUE | VAN NUYS | CA | 91405 | PUBLIC CHARITY | GENERAL SUPPORT | $1,000 |
| GRAND CIRCLE FOUNDATION | ||||||
| 347 CONGRESS STREET | BOSTON | MA | 02210 | PUBLIC CHARITY | GENERAL SUPPORT | $35,000 |
| LOMA LINDA UNIVERSITY | ||||||
| 11370 ANDERSON 1800 | LOMA LINDA | CA | 92354 | PUBLIC CHARITY | GENERAL SUPPORT | $75,000 |
| MONTEREY BAY AQUARIUM | ||||||
| 886 CANNERY ROW | MONTEREY | CA | 93940 | PUBLIC CHARITY | GENERAL SUPPORT | $50,000 |
| OHSU DIVISION OF CHILD PSYCHIATRY | ||||||
| 3181 SW SAM JACKSON PARK RD | PORTLAND | OR | 97239 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| PARK ACADEMY | ||||||
| PO BOX 242 | MARYLHURST | OR | 97036 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| THE HUNTINGTON LIBRARY & ART GALLERY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PUBLIC CHARITY | GENERAL SUPPORT | $3,500 |
| THE HUNTINGTON LIBRARY & ART GALLERY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PUBLIC CHARITY | LECTURE SERIES SPONSOR | $2,891 |
| TRILLIUM FAMILY SERVICES | ||||||
| 3415 SE POWELL BLVD | PORTLAND | OR | 97202 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | ||||||
| 840 WEST 34TH STREET | LOS ANGELES | CA | 90089 | PUBLIC CHARITY | GENERAL SUPPORT | $55,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $459,391 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$3,549 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$3,549 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$3,549 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 0 | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 506 CANYON DR #85, OCEANSIDE | 2012-05-18 | $186,577 | $24,168 | SL | 27.500000000000 | $3,648 |
| COMMISSION - LAND PURCHASE | 2013-12-11 | $2,567 | $0 | NA | 0.000000000000 | $0 |
| COMMISSION - BUILDING PURCHASE | 2013-12-11 | $3,013 | $554 | SL | 27.500000000000 | $5 |
| IMPROVEMENTS | 2014-09-30 | $1,299 | $202 | SL | 27.500000000000 | $2 |
| COMPUTER (CFF) | 2016-10-17 | $1,236 | $407 | 200DB | 5.000000000000 | $84 |
| RENTAL HOUSE - PARK SOLDI (CFF) | 2019-10-03 | $1,387,723 | SL | 27.500000000000 | $5,176 | |
| HARDWOOD FLOOR-PARK SOLDI (CFF) | 2019-10-03 | $26,253 | SL | 27.500000000000 | $199 | |
| COMMERC'L PROPERTY-HAPPY VALLEY RD, AZ | 2012-06-15 | $3,483,579 | $467,454 | SL | 39.000000000000 | $71,458 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|
| COMMISSION - BUILDING PURCHASE | 2013-12 | 2019-01 | $0 | $3,013 | -$2,454 | $559 |
| IMPROVEMENTS | 2014-09 | 2019-01 | $0 | $1,299 | -$1,095 | $204 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PARTNERSHIP - RVMA BEACON, LLC | $168,377 | $168,377 |
| OPTIONS - AMERITRADE | $77,923 | $30,421 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RVMA BEACON, LLC - PARTNERSHIP INVESTMENT | $194,674 | $0 | $0 |
| DUE FROM CA FOUNDATION | $729,405 | $0 | $0 |
| INVESTMENT IN OAKLAND APT LLC | $254,849 | $0 | $0 |
| ESCROW DEPOSIT | $40,000 | $0 | $0 |
| OTHER ASSET | -$4,302 | $0 | $0 |
| DUE FROM LEXINGTON, PROPERTY MGMT | $0 | $220 | $220 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK NET CAPITAL LOSS LIMITED TO ZERO FOR TAX | $2,168 |
| PRIOR PERIOD ADJUST-AZ BUILDING DEPRECIATION | $467,454 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (29 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVERTISING & PROMOTION | $400 | ||
| AUTO EXPENSE | $11,166 | $5,583 | |
| BANK SERVICE CHARGES | $563 | ||
| COMMISSION, COLGATE LOAN | $9,000 | $9,000 | |
| COMPUTER & INTERNET CHARGES | $3,834 | $3,834 | |
| DUES & SUBSCRIPTIONS | $1,401 | $1,401 | |
| INSURANCE | $3,359 | $3,359 | |
| INVESTMENT MANAGEMENT FEES | $11,085 | $11,085 | |
| MEALS | $1,754 | $877 | |
| OFFICE SUPPLIES | $2,101 | ||
| PARKING | $35 | ||
| PAYROLL SERVICES | $1,616 | $404 | $404 |
| POSTAGE | $462 | ||
| TELEPHONE | $225 | ||
| AZ RENTAL CAM CHARGES | $4,255 | $4,255 | |
| OCEANSIDE RENTAL HOA DUES | $3,991 | $3,991 | |
| OCEANSIDE RENTAL INSURANCE | $814 | $814 | |
| OCEANSIDE RENTAL PROPERTY MGMT | $972 | $972 | |
| OCEANSIDE RENTAL REPAIRS & MAINT | $9,663 | $8,163 | |
| OCEANSIDE RENTAL UTILITIES | $30 | $30 | |
| PARK SOLDI RENTAL HOA DUES | $3,311 | $3,311 | |
| PARK SOLDI MANAGEMENT | $990 | $990 | |
| PARK SOLDI PERMITS | $4,373 | $4,373 | |
| PARK SOLDI REPAIRS & MAINT | $76,912 | $76,912 | |
| PARK SOLDI UTILITIES | $6,060 | $6,060 | |
| STORAGE | $12,922 | ||
| PENALTY-FTB (LLC) | $26 | ||
| PENALTY - FTB STMT OF INFO | $250 | ||
| PENALTY-IRS | $45 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INTEREST INCOME-GLENDALE & 43RD LOAN | $123,496 | $123,496 |
| INTEREST INCOME-COLGATE LOAN | $92,021 | $92,021 |
| OTHER INVESTMENT INCOME, INSTIT TRANSITION | $6,093 | $6,094 |
| PARTNERSHIP LOSS-RVMA BEACON LLC | -$5,375 | -$5,375 |
| FEDERAL TAX REFUND-CA 2018 | $4,172 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LOSS ON FIXED ASSET DISPOSALS, TAX > BOOK | $3,556 |
| PRIOR PERIOD ADUST - CORRECT MERGER ENTRIES | $597,361 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (13 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CA FTB FEE | $20 | $20 | |
| CA REGISTRY OF CHAR TRUSTS | $75 | $75 | |
| AZ SALES TAX ON LEASE | $4,389 | $4,389 | |
| FEDERAL TAX-2018 EXT | $5,000 | $5,000 | |
| CA FTB - LLC 2018 EXT | $200 | ||
| CA FTB - LLC 2019 ESTIMATES | $1,700 | ||
| DE FEES | $397 | $397 | |
| FOREIGN TAXES | $56 | $56 | |
| PAYROLL TAXES | $14,229 | $6,407 | $6,407 |
| OCEANSIDE RENTAL PROPERTY TAX | $2,329 | $2,329 | |
| PARK SOLDI RENTAL PROPERTY TAX | $13,156 | $13,156 | |
| LICENSE & PERMITS | $45 | ||
| MISC FEES | $12 |