THE RAY & KAY LITTLER TRUST: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE RAY & KAY LITTLER TRUST (EIN 83-0320342)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-09-23
IRS object ID: 201322669349100202
Schema version: 2012v2.0
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
Form 990-PF
Accounting Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-09-23T08:09:05-07:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Dooley and Jelly CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	293 South Main Street	AddressLine1
City	Buffalo	City
State	WY	State
ZIP Code	828341826	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	830320342	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LITT - The Ray and Kay Littler Trust	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LITT	NameControl
Phone	3076847270	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 922	AddressLine1
City	BUFFALO	City
State	WY	State
ZIP Code	82834	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CW Johnson	Name
Title	Trustee	Title
Date Signed	2013-09-23	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Tracey Jelly	Name
PTIN	P00239536	PTIN
Phone	3076845519	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	754983	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	13	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	13	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	17740	DividendsRevAndExpnss
Dividends Net Invst Incm	17740	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	70041	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	450873	GrossSalesPrice
Other Income Rev And Expnss	415	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	415	OtherIncomeNetInvstIncm
Total Revenue And Expenses	88209	TotalRevenueAndExpenses
Total Net Investment Income	18168	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	9000	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	2000	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	7000	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	1500	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	1500	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	2255	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	2255	OtherProfFeesNetInvstIncm
Trav Conf Meeting Rev And Expnss	84	TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm	42	TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	42	TravConfMeetingDsbrsChrtblPrps
Printing And Pub Rev And Expnss	114	PrintingAndPubRevAndExpnss
Printing And Pub Net Invst Incm	57	PrintingAndPubNetInvstIncm
Printing And Pub Dsbrs Chrtbl Prps	57	PrintingAndPubDsbrsChrtblPrps
Other Expenses Rev And Expnss	66	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	39	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	27	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	13019	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	4393	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	8626	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	28770	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	28770	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	41789	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	4393	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	37396	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	46420	ExcessOfRevenueOverExpenses
Net Investment Income	13775	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	13474	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	25084	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	25084	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	631431	InvestmentsCorpStockBOY
Investments Corp Stock EOY	666241	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	729899	InvestmentsCorpStockEOYFMV
Total Assets BOY	644905	TotalAssetsBOY
Total Assets EOY	691325	TotalAssetsEOY
Total Assets EOYFMV	754983	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	644905	CapitalStockBOY
Capital Stock EOY	691325	CapitalStockEOY
Total Net Assets BOY	644905	TotalNetAssetsBOY
Total Net Assets EOY	691325	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	644905	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	691325	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	644905	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	46420	ExcessOfRevenueOverExpenses
Subtotal	691325	Subtotal
Total Net Assets Fund Balances EOY	691325	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	28585	QualifyingDistributionsYear1
Noncharitable Assets Year1	680179	NoncharitableAssetsYear1
Distribution Ratio Year1	0.04203	DistributionRatioYear1
Qualifying Distributions Year2	32565	QualifyingDistributionsYear2
Noncharitable Assets Year2	680224	NoncharitableAssetsYear2
Distribution Ratio Year2	0.04787	DistributionRatioYear2
Qualifying Distributions Year3	44821	QualifyingDistributionsYear3
Noncharitable Assets Year3	635122	NoncharitableAssetsYear3
Distribution Ratio Year3	0.07057	DistributionRatioYear3
Qualifying Distributions Year4	37231	QualifyingDistributionsYear4
Noncharitable Assets Year4	595626	NoncharitableAssetsYear4
Distribution Ratio Year4	0.06251	DistributionRatioYear4
Qualifying Distributions Year5	48040	QualifyingDistributionsYear5
Noncharitable Assets Year5	975245	NoncharitableAssetsYear5
Distribution Ratio Year5	0.04926	DistributionRatioYear5
Total Distribution Ratio	0.27224	TotalDistributionRatio
Average Distribution Ratio	0.05445	AverageDistributionRatio
Net Noncharitable Assets	735011	NetNoncharitableAssets
Adjusted Noncharitable Assets	40019	AdjustedNoncharitableAssets
One Percent Net Investment Income	138	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	40157	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	37396	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	276	InvestmentIncomeExciseTax
Subtotal	276	Subtotal
Tax Based On Investment Income	276	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	848	EstTaxPaymentsAndOverpayment
Total Credits And Payments	848	TotalCreditsAndPayments
Overpayment	572	Overpayment
Amount Credited To Next Year	572	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CW JOHNSON	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	3076847270	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	143 NORTH CARRINGTON AVE	AddressLine1
City	BUFFALO	City
State	WY	State
ZIP Code	828341611	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
CW JOHNSON
143 NORTH CARRINGTON	BUFFALO	WY	82834	Trustee	1.00	3000
GL GODDARD
412 NORTH MAIN ST	BUFFALO	WY	82834	Trustee	1.00	3000
DD OSBORN
77 ROBINSON CANYON ROAD	BUFFALO	WY	82834	Trustee	1.00	3000

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	Gifts to 10 charitable organizations.	Description1
Expenses1	28770	Expenses1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	720285	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	25919	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	746204	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	746204	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	11193	CashDeemedCharitable
Net Noncharitable Assets	735011	NetNoncharitableAssets
Minimum Investment Return	36751	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	36751	MinimumInvestmentReturn
Tax Based On Investment Income	276	TaxBasedOnInvestmentIncome
Total Tax	276	TotalTax
Distributable Amount Before Adj	36475	DistributableAmountBeforeAdj
Distributable Amount Before Ded	36475	DistributableAmountBeforeDed
Distributable Amount As Adjusted	36475	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	37396	ExpensesAndContributions
Qualifying Distributions	37396	QualifyingDistributions
Adj Qualifying Distributions	37396	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	36475	DistributableAmountAsAdjusted
Undistributed Income Prior Year	22787	UndistributedIncomePriorYear
Qualifying Distributions	37396	QualifyingDistributions
Applied To Year1	22787	AppliedToYear1
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	14609	AppliedToCurrentYear
Undistributed Income CY	21866	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	Littler Foundation	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	412 N Main St	AddressLine1
City	Buffalo	City
State	WY	State
ZIP Code	82834	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	3076849595	RecipientPhoneNumber
Form And Info And Materials	Letter demonstrating financial need	FormAndInfoAndMaterials
Submission Deadlines	Approximately April 1	SubmissionDeadlines
Restrictions On Awards	Johnson County, Wyoming, residents--books and supplies for post-secondary education--family travel for children with medical needs--other chartiable needs	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (10 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
Northern Wyoming Scottich Rite
372 US Highway 16 East	Buffalo	WY	82834	none	NonProfit	Provide children with language arts.	$600
Greenhouse Living of Sheridan
2311 Shirley Avenue	Sheridan	WY	82801	none	NonProfit	Provide housing for the elderly	$2,000
Habitat for Humanity
PO Box 721	Buffalo	WY	82834	none	NonProfit	Provide economical housing for the economically challenged	$2,000
Buffalo Youth Baseball
PO Box 204	Buffalo	WY	82834	none	NonProfit	Provide economical baseball for under privileged children	$1,500
BUFFALO CHILDREN'S CENTER
PO BOX 238	BUFFALO	WY	82834	none	none	To purchase toy supplies	$1,975
BREAD OF LIFE FOOD PANTRY
PO BOX 909	BUFFALO	WY	82834	none	none	TO PURCHASE FOOD STAPLES FOR THE NEEDY	$3,000
BUFFALO SENIOR CENTER INC
PO BOX 941	Buffalo	WY	82834	none	none	Equipment purchase, repairs, and seed money for fundraising	$10,000
Learning Tree Christian School
25 Patch Road	Buffalo	WY	82834	none	none	PURCHASE EQUIPMENT	$2,000
Family Crisis Center
PO Box 1001	Buffalo	WY	82834	none	none	Purchase equipment	$1,695
JC Family YMCA
PO Box 95	Buffalo	WY	82834	none	none	ASSISTED MEMBERSHIP PROGRAM	$4,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	28770	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$13	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$17,740	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$70,041	ExclusionAmount

Other Revenue Described OtherRevenueDescribed

Field	Value	IRS element (for citing)
Description	Countrywide Litigation	Description
Exclusion Code	1	ExclusionCode
Exclusion	$415	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$88,209	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	88209	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	Accounting	Category
Amount	$1,500	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	1500	DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
PO Box Rental	56	33	23
Bank Fees	10	6	4

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	Countrywide Litigation	Description
Revenue And Expenses Per Books	415	RevenueAndExpensesPerBooks

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	Merrill Lynch Management Fees	Category
Amount	$2,255	Amount
Net Investment Income	2255	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps