STRATEGY STUDIO / PUBLIC DATA EXPLORER

ABUNDANT LIFE FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
ABUNDANT LIFE FOUNDATION (EIN 46-3569790)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201703199349102930
Schema version
2016v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-15T11:56:20-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN870495153PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STAYNER BATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1510 S 200 W STE 200AddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84101ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463569790EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ABUNDANT LIFE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlABUNBusinessNameControlTxt
Phone8015968707PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11305 IMPERIA DRIVEAddressLine1Txt
CityHENDERSONCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89052ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENNETH C KNUDSONPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone8015968707PhoneNum
Signature2017-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBECCA HILL SCHREYERPreparerPersonNm
PTINP00224295PTIN
Phone8015319100PhoneNum
Preparation2017-10-24PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id6942DBE293EE23EAAFB65441E4C497608E5EF7E2AtSubmissionCreationDeviceId
At Submission Filing Device Id54043A608B15D9709ECFD4C1C4EF8B0683683D57AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,491,630FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,180,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$308,503InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$308,503InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$308,503InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$2,222OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$2,222OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$2,222OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$2,490,725TotalRevAndExpnssAmt
Total Net Invst Incm$310,725TotalNetInvstIncmAmt
Total Adj Net Incm$310,725TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$2,455LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$2,455LegalFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$144OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$144OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,599TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,599TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$160,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$160,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$162,599TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,599TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$160,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,328,126ExcessRevenueOverExpensesAmt
Net Investment Income$308,126NetInvestmentIncomeAmt
Adjusted Net Income$310,725AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,279,498CashBOYAmt
Cash EOY$6,491,630CashEOYAmt
Cash EOYFMV$6,491,630CashEOYFMVAmt
Other Nts And Loans Rcvbl$235,994OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$2,120,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$235,994OtherNtsAndLoansRcvblEOYAmt
Total Assets BOY$4,399,498TotalAssetsBOYAmt
Total Assets EOY$6,727,624TotalAssetsEOYAmt
Total Assets EOYFMV$6,491,630TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$4,399,498UnrestrictedBOYAmt
Unrestricted EOY$6,727,624UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$4,399,498TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,727,624TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,399,498TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,727,624TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,399,498TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,328,126ExcessRevenueOverExpensesAmt
Subtotal$6,727,624SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,727,624TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$102,252AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$525,278NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.194663DistributionYr1Rt
Adjusted Qlfy Distri Yr2$50,967AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$979,025NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.052059DistributionYr2Rt
Total Distribution0.246722TotalDistributionRt
Average Distribution0.123361AverageDistributionRt
Net Vl Noncharitable Assets$3,685,960NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$454,704AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3,081NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$457,785AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$160,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,163InvestmentIncomeExciseTaxAmt
Subtotal$6,163SubtotalAmt
Tax Based On Investment Income$6,163TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$52EsPenaltyAmt
Tax Due$6,215TaxDueAmt

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 StateNVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KENNETH C KNUDSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8015968707PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110450 S EASTERN AVE STE 100AddressLine1Txt
CityHENDERSONCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89052ZIPCd
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 (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOSEPH C KNUDSON
1305 IMPERIA DRIVEHENDERSONNV89052PRESIDENT1.00$0$0$0
KENNETH C KNUDSON
10450 S EASTERN AVE STE 100HENDERSONNV89052SECRETARY1.00$0$0$0
LEANN R KNUDSON
1305 IMPERIA DRIVEHENDERSONNV89052DIRECTOR1.00$0$0$0
CARLA BURTON
10450 S EASTERN AVE STE 100HENDERSONNV89052DIRECTOR1.00$0$0$0
GORDON T ZITTING
7 ALTWOOD LANESANDYUT84092DIRECTOR1.00$0$0$0
JOYCE STEED
10450 S EASTERN AVE STE 100HENDERSONNV89052DIRECTOR1.00$0$0$0
MARY HAMMON
10450 S EASTERN AVE STE 100HENDERSONNV89052DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,742,091AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,742,091TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,742,091AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$56,131CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,685,960NetVlNoncharitableAssetsAmt
Minimum Investment Return$184,298MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$184,298MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,163TaxBasedOnInvestmentIncomeAmt
Total Tax$6,163TotalTaxAmt
Distributable Before Adj$178,135DistributableBeforeAdjAmt
Distributable Before Ded$178,135DistributableBeforeDedAmt
Distributable As Adjusted$178,135DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$160,000ExpensesAndContributionsAmt
Qualifying Distributions$160,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$160,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$178,135DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$2,082ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$79,484ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$81,566TotalExcessDistributionCyovAmt
Qualifying Distributions$160,000QualifyingDistributionsAmt
Applied To Current Year$160,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$18,135ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$18,135ExcessDistributionCyovAppCYAmt
Total Corpus$63,431TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$63,431ExcessDistriCyovToNextYrAmt
Excess From Year1$63,431ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WORK OF JESUS CHRISTBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 61AddressLine1Txt
CityCOLORADO CITYCityNm
State AbbreviationAZStateAbbreviationCd
ZIP86021ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCHARITABLEGrantOrContributionPurposeTxt
Amt$160,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$160,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$308,503ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescORIGINATION FEE INCOMEDesc
Exclusion14ExclusionCd
Exclusion$2,222ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$310,725ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$310,725TotalIncomeProducingActyAmt

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
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
JOSEPH KNUDSON
11305 IMPERIA DRIVEHENDERSONNV89052$1,500,000Yes (X)
KENNETH KNUDSON
21305 IMPERIA DRIVEHENDERSONNV89052$400,000Yes (X)
JOYCE STEED
31305 IMPERIA DRIVEHENDERSONNV89052$85,000Yes (X)
CARLA BURTON
41305 IMPERIA DRIVEHENDERSONNV89052$195,000Yes (X)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,455LegalFeesAmt
Net Investment Income$2,455NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK FEES$44$44
DUES AND SUBSCRIPTIONS$100$100

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescORIGINATION FEE INCOMEDesc
Revenue And Expenses Per Books$2,222RevenueAndExpensesPerBooksAmt
Net Investment Income$2,222NetInvestmentIncomeAmt
Adjusted Net Income$2,222AdjustedNetIncomeAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1OTHER LOANS RECEIVABLEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$235,994BalanceDueAmt