THEA FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THEA FOUNDATION (EIN 52-2356755)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201403219349309800
- Schema version
- 2013v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T15:49:11-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710519090 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EGP PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 MAIN STREET | AddressLine1 |
| City | NORTH LITTLE ROCK | City |
| State | AR | State |
| ZIP Code | 721145395 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522356755 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THEA FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THEA | BusinessNameControlTxt |
| Phone | 5013793512 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 MAIN ST NO 100 | AddressLine1 |
| City | NORTH LITTLE ROCK | City |
| State | AR | State |
| ZIP Code | 72114 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL LEOPOULOS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5013799512 | PhoneNum |
| Signature | 2014-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN GREEN CPA | PreparerPersonNm |
| PTIN | P01366776 | PTIN |
| Phone | 5013742910 | PhoneNum |
| Preparation | 2014-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL LEOPOULOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 MAIN STREET | AddressLine1 |
| City | NORTH LITTLE ROCK | City |
| State | AR | State |
| ZIP Code | 72114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,665,303 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | THEAFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,180,733 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,003,494 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $135,166 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $579,815 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,862 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,864 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$46,417 | PYOtherRevenueAmt |
| CY Other Revenue | -$65,085 | CYOtherRevenueAmt |
| PY Total Revenue | $1,275,344 | PYTotalRevenueAmt |
| CY Total Revenue | $1,544,088 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $64,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $69,150 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $268,660 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $328,651 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,662 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $481,582 | PYOtherExpensesAmt |
| CY Other Expenses | $562,139 | CYOtherExpensesAmt |
| PY Total Expenses | $814,742 | PYTotalExpensesAmt |
| CY Total Expenses | $959,940 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $460,602 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $584,148 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,437,422 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,074,097 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,948 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,962 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,422,474 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,040,135 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,745 | ExpenseAmt |
| Revenue | $12,306 | RevenueAmt |
| Desc | THEA'S ART CLOSET IS A PROGRAM THROUGH WHICH THE FOUNDATION DONATES ART SUPPLIES TO ART EDUCATORS ACROSS THE STATE OF ARKANSAS. DEVELOPED IN RESPONSE TO THE GROWING TREND OF ART EDUCATORS' SHORTAGE OF SUPPLIES IN THE CLASSROOM. THE PROGRAM EXISTS TO GIVE ALL ARKANSAS STUDENTS THE CHANCE TO EXPERIENCE UNHINDERED CREATIVITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $105,782 | ExpenseAmt |
| Grant | $69,150 | GrantAmt |
| Revenue | $91,274 | RevenueAmt |
| Desc | THE FOUNDATION AWARDS SCHOLARSHIPS TO HIGH SCHOOL SENIORS ACROSS THE STATE OF ARKANSAS. SCHOLARSHIP CATEGORIES INCLUDE VISUAL ART, PERFORMING ARTS, CREATIVE WRITING, FILMMAKING, AND POETRY SLAM. THE MOTIVATION BEHIND THE SCHOLARSHIP PROGRAM IS TO REWARD HARDWORKING STUDENTS AND TO INSPIRE THEM TO BE CONFIDENT AND AMBITIOUS. IN TWELVE YEARS, THEA HAS DISTRIBUTED OVER $1.5 MILLION IN SCHOLARSHIPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $216,223 | ExpenseAmt |
| Revenue | $410,856 | RevenueAmt |
| Desc | THE ARKANSAS A+ SCHOOLS PROGRAM DEVELOPS AND IMPLEMENTS AN INTERDISCIPLINARY MODEL OF ART INSRUCTION DESIGNED TO INCORPORATE ART EDUCATION INTO ARKANSAS' STATE MANDATED CURRICULUM. THE PRINCIPLES-BASED PROGRAM OFFERS TRAINING TO SCHOOL FACULTY AND STAFF, AND ENCOMPASSES BOTH DOCTRINAL DEVELOPMENT AND METHODS APPLICATION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $307,151 | ExpenseAmt |
| Revenue | $65,379 | RevenueAmt |
| Desc | VARIOUS OTHER PROGRAM SERVICES, INCLUDING WORKSHOPS AND CLASSES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $307,151 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $65,379 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $649,901 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5013799512 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 MAIN ST | AddressLine1 |
| City | NORTH LITTLE ROCK | City |
| State | AR | State |
| ZIP Code | 72114 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| SUE GASKIN | ||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KYLE PITTS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PRESIDENT BILL CLINTON | ||||||
| DIRECTOR EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK COX | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ERRIN DEAN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GAYLA JUNGMEYER | ||||||
| VICE PRESIDENT | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BETTIE ANN MAHONY | ||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RUSTY MATHIS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DELITA MARTIN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CAROLINE ELLIOT | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR DANNY FLETCHER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GERT CLARK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT TREVINO | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| NANCY STEENBURGEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GWEN STRASSLE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBYN HORN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA SATTERFIELD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ZACK RILEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL LEOPOULOS | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $80,855 | $0 | $0 | |
| NICHOLAS LEOPOULOS | ||||||
| ASSISTANT DIRECTOR | 40.00 | Yes (X) | $45,000 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $125,855 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $642,542 | FundraisingAmt |
| Government Grants | $81,620 | GovernmentGrantsAmt |
| All Other Contributions | $279,332 | AllOtherContributionsAmt |
| Total Contributions | $1,003,494 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ARKANSAS A+ | 711300 | $430,856 | $430,856 |
| SCHOLARSHIPS | 711300 | $91,274 | $91,274 |
| OTHER PROGRAMS | 711300 | $23,580 | $23,580 |
| THEA'S ART CLOSET | 711300 | $12,306 | $12,306 |
| PROFESSIONAL DEV. | 711300 | $11,625 | $11,625 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,174 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,174 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $579,815 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,864 | TotalRevenueColumnAmt |
| Exclusion | $25,864 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $56,130 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $37,953 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,177 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,177 | TotalRevenueColumnAmt |
| Exclusion | $18,177 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $642,542 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $83,262 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$83,262 | TotalRevenueColumnAmt |
| Exclusion | -$83,262 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,544,088 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $579,815 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$39,221 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,150 | TotalAmt |
| Program Services | $69,150 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,855 | TotalAmt |
| Management And General | $125,855 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,167 | TotalAmt |
| Program Services | $113,496 | ProgramServicesAmt |
| Management And General | $65,671 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,629 | TotalAmt |
| Program Services | $8,789 | ProgramServicesAmt |
| Management And General | $14,840 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,121 | TotalAmt |
| Program Services | $3,985 | ProgramServicesAmt |
| Management And General | $11,136 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,548 | TotalAmt |
| Program Services | $139 | ProgramServicesAmt |
| Management And General | $3,409 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,290 | TotalAmt |
| Program Services | $21,150 | ProgramServicesAmt |
| Management And General | $140 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,754 | TotalAmt |
| Program Services | $13,470 | ProgramServicesAmt |
| Management And General | $42,284 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,079 | TotalAmt |
| Program Services | $64,522 | ProgramServicesAmt |
| Management And General | $557 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,745 | TotalAmt |
| Program Services | $10,647 | ProgramServicesAmt |
| Management And General | $4,436 | ManagementAndGeneralAmt |
| Fundraising | $2,662 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,606 | TotalAmt |
| Program Services | $3,606 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OUTSIDE CONTRACT EXPENS | $169,214 | $169,214 | |
| OFFICE SUPPLIES | $133,715 | $132,401 | $1,314 |
| OTHER TAXES & LICENSES | $28,576 | $348 | $28,228 |
| VENUE | $12,063 | $12,063 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,428 | TotalAmt |
| Program Services | $26,921 | ProgramServicesAmt |
| Management And General | $9,507 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $959,940 | TotalAmt |
| Program Services | $649,901 | ProgramServicesAmt |
| Management And General | $307,377 | ManagementAndGeneralAmt |
| Fundraising | $2,662 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $406,203 | BOYAmt |
| EOY | $563,030 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,088 | BOYAmt |
| EOY | $557,831 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $217,550 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,063 | BOYAmt |
| EOY | $23,117 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,225 | BOYAmt |
| EOY | $6,954 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,278,637 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $186,599 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,068,656 | BOYAmt |
| EOY | $1,092,038 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,093 | BOYAmt |
| EOY | $45,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,488 | BOYAmt |
| EOY | $567,182 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,606 | BOYAmt |
| EOY | $1,395 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,437,422 | BOYAmt |
| EOY | $3,074,097 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,397 | BOYAmt |
| EOY | $32,567 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,551 | BOYAmt |
| EOY | $1,395 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,948 | BOYAmt |
| EOY | $33,962 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,847,421 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $684,960 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $507,754 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,422,474 | BOYAmt |
| EOY | $3,040,135 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,437,422 | BOYAmt |
| EOY | $3,074,097 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $584,148 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $33,513 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
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 Minus4 Years | $449,901 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $738,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $637,643 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,047,953 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,583,308 | CurrentTaxYearAmt |
| Total | $4,457,512 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $449,901 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $738,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $637,643 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,047,953 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,583,308 | CurrentTaxYearAmt |
| Total | $4,457,512 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $4,457,512 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,641 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$4,284 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,041 | CurrentTaxYearAmt |
| Total | $54,695 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,512,207 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $22,700 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98790 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99440 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $60,606 | BeginningYearBalanceAmt |
| Contributions | $442,187 | ContributionsAmt |
| Investment Earnings Or Losses | $4,961 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $507,754 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,548 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,346 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $288 | AdministrativeExpensesAmt |
| End Year Balance | $60,606 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,582 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $245 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $279 | AdministrativeExpensesAmt |
| End Year Balance | $54,548 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,102 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,546 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $66 | AdministrativeExpensesAmt |
| End Year Balance | $54,582 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $125,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $125,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,079,667 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $175,880 | DepreciationAmt |
| Book Value | $903,787 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $26,630 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $3,859 | DepreciationAmt |
| Book Value | $22,771 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $47,340 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $6,860 | DepreciationAmt |
| Book Value | $40,480 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,092,038 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WELLS FARGO BANK DEPOSITS | Desc |
| Book Value | $567,182 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $567,182 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUNDABLE DEPOSITS PAYABLE | Desc |
| Amt | $1,395 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,395 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,646,702 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $102,615 | OtherRevenueAmt |
| Revenue Not Reported | $102,615 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,544,087 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,544,088 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,062,555 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $102,617 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $102,617 | ExpensesNotReportedAmt |
| Expenses Subtotal | $959,938 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $959,940 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SOLE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUND RAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 83,262. DEPRECIATION NETTED AGAINST RENTAL 19,353. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 1. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUND RAISING EXPENSES NETTED AGAINST FUND RAISING INCOME 83,264. DEPRECIATION NETTED AGAINST RENTAL 19,353. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 2. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINNER | NameOfEvent1Amt |
| Gross Receipts Event1 | $632,292 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $632,292 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $76,847 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | GOVERNOR'S CULINARY CHALLENGE | NameOfEvent2Amt |
| Gross Receipts Event2 | $10,250 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $10,250 | CharitableContriEvent2Amt |
| Other Direct Expenses Event2 | $6,415 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $642,542 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $642,542 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $83,262 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $83,262 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$83,262 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | COLLEGE SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 28 | RecipientCnt |
| Cash Grant | $69,150 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION SENDS SCHOLARSHIP CHECKS DIRECTLY TO RECIPIENTS SCHOOL TO BE APPLIED TO STUDENTS ACCOUNT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE EXECUTIVE DIRECTOR OF THEA FOUNDATION (PAUL LEOPOULOS) IS THE FATHER OF THE ASSISTANT DIRECTOR OF THEA FOUNDATION (NICHOLAS LEOPOULOS). |
| FORM 990, PART VI, SECTION B, LINE 11 | MAILED A COPY TO EACH BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 12C | THEA FOUNDATION'S BYLAW REQUIRE DIRECTORS TO DICLOSE MATERIAL FACTS TO THE BOARD OF DIRECTORS REGARDING ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WIHTIN A REASONABLE TIME AFTER THE DIRECTOR BECOMES AWARE THAT A CONFLICT EXISTS, AND BEFORE ANY VOTE IS TAKEN ON A MATTER WHICH COULD BE AFFECTED BY THE DIRECTOR'S OPINIONS OR STATEMENTS ON THE ISSUE SUBJECT TO VOTE. MOREOEVER, A DIRECTOR IS NOT ALLOWED TO VOTE ON ANY TRANSACTION THAT MAY GIVE RISE TO AN ACTUAL/POTENTIAL CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROPOSED COMPENSATION IS COMPARED TO SIMILAR NONPROFIT EXECUTIVE DIRECTORS AROUND THE NATION WITH SIMILAR YEARS OF SERVICE AND APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |