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THE RAY & KAY LITTLER TRUST: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
THE RAY & KAY LITTLER TRUST (EIN 83-0320342)
Tax period
2010-07-01 to 2011-06-30
Filed
2011-09-01
IRS object ID
201112449349100001
Schema version
2010v3.2
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)
Timestamp2011-09-01T09:29:24-07:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Dooley and Jelly CPAsBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1293 South Main StreetAddressLine1
CityBuffaloCity
StateWYState
ZIP Code828341826ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN830320342EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LITT - The Ray and Kay Littler TrustBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLITTNameControl
Phone3076847270Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 922AddressLine1
CityBUFFALOCity
StateWYState
ZIP Code82834ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCW JohnsonName
TitleTrusteeTitle
Date Signed2011-09-01DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameWilliam L DooleyName
Phone3076845519Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY709686FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss66InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm66InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss16307DividendsRevAndExpnss
Dividends Net Invst Incm16307DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss6395NetGainSaleAssetsRevAndExpnss
Gross Sales Price70277GrossSalesPrice
Capital Gain Net Incm Net Invst Incm6395CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss146OtherIncomeRevAndExpnss
Other Income Net Invst Incm146OtherIncomeNetInvstIncm
Total Revenue And Expenses22914TotalRevenueAndExpenses
Total Net Investment Income22914TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss9000CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm2000CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps7000CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1850AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps1850AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss4012OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm4012OtherProfFeesNetInvstIncm
Deprec And Depletion Rev And Expnss0DeprecAndDepletionRevAndExpnss
Trav Conf Meeting Rev And Expnss102TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm51TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps51TravConfMeetingDsbrsChrtblPrps
Printing And Pub Rev And Expnss96PrintingAndPubRevAndExpnss
Printing And Pub Net Invst Incm24PrintingAndPubNetInvstIncm
Printing And Pub Dsbrs Chrtbl Prps72PrintingAndPubDsbrsChrtblPrps
Other Expenses Rev And Expnss66OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm39OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps27OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss15126TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm6126TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps9000TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss23565ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps23565ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss38691TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm6126TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps32565TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-15777ExcessOfRevenueOverExpenses
Net Investment Income16788NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY11840SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY11016SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV11016SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY668212InvestmentsCorpStockBOY
Investments Corp Stock EOY653259InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV698670InvestmentsCorpStockEOYFMV
Total Assets BOY680052TotalAssetsBOY
Total Assets EOY664275TotalAssetsEOY
Total Assets EOYFMV709686TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY680052CapitalStockBOY
Capital Stock EOY664275CapitalStockEOY
Total Net Assets BOY680052TotalNetAssetsBOY
Total Net Assets EOY664275TotalNetAssetsEOY
Total Liabilities Net Assets BOY680052TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY664275TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY680052TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-15777ExcessOfRevenueOverExpenses
Subtotal664275Subtotal
Total Net Assets Fund Balances EOY664275TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetVARIOUS STOCKSDescriptionOfAsset
How AcquiredPHowAcquired
Date Acquired2009-01-01DateAcquired
Date Sold2010-01-01DateSold
Gross Sales Price70277GrossSalesPrice
Cost Or Other Basis63882CostOrOtherBasis
Gain Or Loss6395GainOrLoss
Gains Minus Excess Or Losses6395GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income6395CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year144821QualifyingDistributionsYear1
Noncharitable Assets Year1635122NoncharitableAssetsYear1
Distribution Ratio Year10.07057DistributionRatioYear1
Qualifying Distributions Year237231QualifyingDistributionsYear2
Noncharitable Assets Year2595626NoncharitableAssetsYear2
Distribution Ratio Year20.06251DistributionRatioYear2
Qualifying Distributions Year348040QualifyingDistributionsYear3
Noncharitable Assets Year3975245NoncharitableAssetsYear3
Distribution Ratio Year30.04926DistributionRatioYear3
Qualifying Distributions Year451233QualifyingDistributionsYear4
Noncharitable Assets Year41023010NoncharitableAssetsYear4
Distribution Ratio Year40.05008DistributionRatioYear4
Qualifying Distributions Year541620QualifyingDistributionsYear5
Noncharitable Assets Year5906023NoncharitableAssetsYear5
Distribution Ratio Year50.04594DistributionRatioYear5
Total Distribution Ratio0.27836TotalDistributionRatio
Average Distribution Ratio0.05567AverageDistributionRatio
Net Noncharitable Assets680224NetNoncharitableAssets
Adjusted Noncharitable Assets37869AdjustedNoncharitableAssets
One Percent Net Investment Income168OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One38037AdjNonchrtblAssetsAndOnePct
Qualifying Distributions32565QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax336InvestmentIncomeExciseTax
Subtotal336Subtotal
Tax Based On Investment Income336TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment1387EstTaxPaymentsAndOverpayment
Total Credits And Payments1387TotalCreditsAndPayments
Overpayment1051Overpayment
Amount Credited To Next Year1051AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1CW JOHNSONBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number3076847270BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1143 NORTH CARRINGTON AVEAddressLine1
CityBUFFALOCity
StateWYState
ZIP Code828341611ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
CW JOHNSON
143 NORHT CARRINGTONBUFFALOWY82834Trustee1.003000
GL GODDARD
412 NORTH MAIN STBUFFALOWY82834Trustee1.003000
DD OSBORN
77 ROBINSON CANYON ROADBUFFALOWY82834Trustee1.003000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1Gifts to 10 charitable organizations.Description1
Expenses122215Expenses1
Description2Gift to one family for medical travel.Description2
Expenses21350Expenses2

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities678700AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances11883AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets690583TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets690583AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable10359CashDeemedCharitable
Net Noncharitable Assets680224NetNoncharitableAssets
Minimum Investment Return34011MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return34011MinimumInvestmentReturn
Tax Based On Investment Income336TaxBasedOnInvestmentIncome
Total Tax336TotalTax
Distributable Amount Before Adj33675DistributableAmountBeforeAdj
Distributable Amount Before Ded33675DistributableAmountBeforeDed
Distributable Amount As Adjusted33675DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions32565ExpensesAndContributions
Qualifying Distributions32565QualifyingDistributions
Adj Qualifying Distributions32565AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted33675DistributableAmountAsAdjusted
Undistributed Income Prior Year16456UndistributedIncomePriorYear
Qualifying Distributions32565QualifyingDistributions
Applied To Year116456AppliedToYear1
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year16109AppliedToCurrentYear
Undistributed Income CY17566UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameLittler FoundationRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1412 N Main StAddressLine1
CityBuffaloCity
StateWYState
ZIP Code82834ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number3076849595RecipientPhoneNumber
Form And Info And MaterialsLetter demonstrating financial needFormAndInfoAndMaterials
Submission DeadlinesApproximately April 1SubmissionDeadlines
Restrictions On AwardsJohnson County, Wyoming, residents--books and supplies for post-secondary education--family travel for children with medical needs--other chartiable needsRestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (11 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
TOBIN KORSCH
50 N LOBBAN AVEBUFFALOWY82834nonenoneFamily medical travel$1,350
PARENT INFORMATION CENTER
500 W LOTT SUITE ABUFFALOWY82834nonenonePurchase Web Master Internet Services$2,000
JOHNSON COUNTY ARTS HUMANITIES COUN
PO BOX 714BUFFALOWY82834nonenoneSponsor summer camp and childrens theatre$1,500
BUFFALO CHILDREN'S CENTER
PO BOX 238BUFFALOWY82834nonenoneTo purchase toy supplies$1,810
BUFFALO YOUTH BASEBALL INC
PO BOX 204BUFFALOWY82834nonenonePURCHASE EQUIPMENT$1,000
HABITAT FOR HUMANITY
PO BOX 721BUFFALOWY82834nonenoneConstrution costs of recent habitat home$2,000
BREAD OF LIFE FOOD PANTRY
PO BOX 909BUFFALOWY82834nonenoneTO PURCHASE FOOD STAPLES FOR THE NEEDY$2,000
BUFFALO SENIOR CENTER INC
PO BOX 941BuffaloWY82834nonenoneEquipment purchase, repairs, and seed money for fundraising$6,000
Learning Tree Christian School
25 Patch RoadBuffaloWY82834nonenonePURCHASE EQUIPMENT$1,000
Family Crisis Center
PO Box 1001BuffaloWY82834nonenonePurchase equipment$1,905
JC Family YMCA
PO Box 95BuffaloWY82834nonenoneASSISTED MEMBERSHIP PROGRAM$3,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year23565TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$66ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$16,307ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code1ExclusionCode
Exclusion$146ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$6,395ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$22,914ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA22914TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryPREPARATION FEESCategory
Amount$1,850Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps1850DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
Fidelity Sparton Index 500 Fund
Brandes Manged Invest. Account653259698670

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
PO BOX RENTAL563422
BANK FEES1055

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionOther Investment IncomeDescription
Revenue And Expenses Per Books146RevenueAndExpensesPerBooks
Net Investment Income146NetInvestmentIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
Amount$4,012Amount
Net Investment Income4012NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps