AMERI-FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- AMERI-FOUNDATION INC (EIN 20-1101280)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-03-17
- IRS object ID
- 202500769349100120
- Schema version
- 2024v5.0
- 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 | 2025-03-17T15:57:19-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 992171045 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRESCIA MCCLUSKEY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11300 US HIGHWAY 1 STE 600 | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201101280 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERI-FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 5618208877 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7711 N MILITARY TRAIL SUITE 300 | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33410 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LARRY J WOERNER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5618208877 | PhoneNum |
| Signature | 2025-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN J BRESCIA CPA CFP | PreparerPersonNm |
| PTIN | P00510940 | PTIN |
| Phone | 5612344117 | PhoneNum |
| Preparation | 2025-03-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $165,598 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $60,061 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $8,475 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,475 | DividendsNetInvstIncmAmt |
| Total Rev And Expnss | $68,542 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,481 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $61 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $61 | OtherProfFeesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $61 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $61 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $111,320 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $111,320 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $111,381 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $111,381 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$42,839 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,481 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $56,183 | CashBOYAmt |
| Cash EOY | $22,909 | CashEOYAmt |
| Cash EOYFMV | $22,909 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $435 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $89,732 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $89,732 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $151,461 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $52,644 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $52,957 | USGovtObligationsEOYFMVAmt |
| Total Assets BOY | $208,079 | TotalAssetsBOYAmt |
| Total Assets EOY | $165,285 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $165,598 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $45 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $45 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $208,079 | RetainedEarningBOYAmt |
| Retained Earning EOY | $165,240 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $208,079 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $165,240 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $208,079 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $165,285 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $208,079 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$42,839 | ExcessRevenueOverExpensesAmt |
| Subtotal | $165,240 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $165,240 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $118 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $118 | SubtotalAmt |
| Tax Based On Investment Income | $118 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $118 | TaxDueAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 |
| Individual With Books | JOHN LEAVITT | IndividualWithBooksNm |
| Phone | 5618208877 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7711 N MILITARY TRAIL SUITE 300 | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33410 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| LARRY J WOERNER | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| CAROL S WOERNER | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | TREASURER | 1.00 | $0 | $0 | $0 |
| DARREN WOERNER | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | VICE PRESIDE | 1.00 | $0 | $0 | $0 |
| PHILLIP WOERNER | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | VICE PRESIDE | 1.00 | $0 | $0 | $0 |
| JULIE PAPKE | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | VICE PRESIDE | 1.00 | $0 | $0 | $0 |
| JOHN LEAVITT | ||||||||
| 7711 N MILITARY TRAIL SUITE 300 | PALM BEACH GARDENS | FL | 33410 | SECRETARY | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $150,562 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $47,690 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $198,252 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $198,252 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,974 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $195,278 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,764 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,764 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $118 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $118 | TotalTaxAmt |
| Distributable Before Adj | $9,646 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $9,646 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $9,646 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $111,381 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $111,381 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,646 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $60,988 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $35,966 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $37,284 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $145,691 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $41,052 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $320,981 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $111,381 | QualifyingDistributionsAmt |
| Applied To Current Year | $9,646 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $101,735 | RemainingDistriFromCorpusAmt |
| Total Corpus | $422,716 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $60,988 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $361,728 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $35,966 | ExcessFromYear4Amt |
| Excess From Year3 | $37,284 | ExcessFromYear3Amt |
| Excess From Year2 | $145,691 | ExcessFromYear2Amt |
| Excess From Year1 | $41,052 | ExcessFromYear1Amt |
| Excess From Current Year | $101,735 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CHRIST FELLOWSHIP CHURCH | ||||||||
| 5343 NORTHLAKE BLVD | PALM BEACH GARDENS | FL | 33418 | CHARITY | RELIGIOUS WORK | $44,000 | ||
| FIRST CARE | ||||||||
| 2200 N FLORIDA MANGO | WEST PALM BEACH | FL | 33409 | CHARITY | $10,300 | SUITE 102 | ||
| COMMUNITY OF HOPE CHURCH | ||||||||
| 14055 OKEECHOBEE BLVD | LOXAHATCHEE GROVES | FL | 33470 | CHARITY | $5,000 | |||
| FIRE INTERNATIONAL | ||||||||
| 6509 HUDSPETH ROAD | HARRISBURG | NC | 28075 | CHARITY | $2,020 | CHARITY | ||
| HEARTLAND CHRISTIAN | ||||||||
| 3340 WEST 100 SOUTH | NEW CASTLE | IN | 47362 | CHARITY | EDUCATION | $50,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $111,320 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,475 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $8,481 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,481 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERI-COMPANIES MANAGEMENT INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7711 N MILITARY TRAIL SUITE 300 | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33410 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $60,061 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $52,644 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $52,957 | USGovtObligationsEOYFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADMINISTRATIVE: OTHER PROFESSION | CategoryTxt |
| Amt | $61 | Amt |
| Disbursements Charitable Prps | $61 | DisbursementsCharitablePrpsAmt |