LGFSM CORP: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LGFSM CORP (EIN 20-2372883)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-23
- IRS object ID
- 201121439349100062
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-23T15:22:14-04:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EF SILBERBERG ASSOCIATES | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1566 EAST 32ND STREET | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11234 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202372883 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LGFSM CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LGFS | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 KINGS HIGHWAY | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11223 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ISRAEL MANDELBAUM | Name |
| Title | PRESIDENT | Title |
| Date Signed | 2011-05-24 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EPHRAIM SILBERBERG | Name |
| Phone | 9174355408 | Phone |
| Date Prepared | 2011-05-23 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 81007 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 35000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 446 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 446 | InterestOnSavingsNetInvstIncm |
| Total Revenue And Expenses | 35446 | TotalRevenueAndExpenses |
| Total Net Investment Income | 446 | TotalNetInvestmentIncome |
| Tot Opr Expenses Rev And Expnss | 0 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 25560 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 25560 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 25560 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 25560 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 9886 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 446 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 71121 | CashBOY |
| Cash EOY | 36005 | CashEOY |
| Cash EOYFMV | 36005 | CashEOYFMV |
| Savings And Temp Cash Invst EOY | 45002 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 45002 | SavingsAndTempCashInvstEOYFMV |
| Total Assets BOY | 71121 | TotalAssetsBOY |
| Total Assets EOY | 81007 | TotalAssetsEOY |
| Total Assets EOYFMV | 81007 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 71121 | UnrestrictedBOY |
| Unrestricted EOY | 81007 | UnrestrictedEOY |
| Total Net Assets BOY | 71121 | TotalNetAssetsBOY |
| Total Net Assets EOY | 81007 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 71121 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 81007 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 71121 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 9886 | ExcessOfRevenueOverExpenses |
| Subtotal | 81007 | Subtotal |
| Total Net Assets Fund Balances EOY | 81007 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions Year1 | 34460 | QualifyingDistributionsYear1 |
| Qualifying Distributions Year2 | 75736 | QualifyingDistributionsYear2 |
| Qualifying Distributions Year3 | 37359 | QualifyingDistributionsYear3 |
| Qualifying Distributions Year5 | 63332 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 87138 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.726801 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.726801 | TotalDistributionRatio |
| Average Distribution Ratio | 0.14536 | AverageDistributionRatio |
| Net Noncharitable Assets | 74923 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 10891 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 10895 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 25560 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 4 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 4 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 4 | TaxBasedOnInvestmentIncome |
| Tax Due | 4 | TaxDue |
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 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| 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 |
| Books In Care Of Person Name | ISRAEL MANDELBAUM | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 7189981234 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 KINGS HIGHWAY | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11223 | 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 |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
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 | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| ISRAEL MANDELBAUM | ||||||||
| 901 KINGS HIGHWAY | Brooklyn | NY | 11223 | DIRECTOR | 5 | 0 | 0 | 0 |
| CHANIE MANDELBAUM | ||||||||
| 901 KINGS HIGHWAY | Brooklyn | NY | 11223 | DIRECTOR | 5 | 0 | 0 | 0 |
| SARAH CLAIRE SIMAH | ||||||||
| 901 KINGS HIGHWAY | Brooklyn | NY | 11223 | DIRECTOR | 5 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 76064 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 76064 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 76064 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1141 | CashDeemedCharitable |
| Net Noncharitable Assets | 74923 | NetNoncharitableAssets |
| Minimum Investment Return | 3746 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 3746 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 4 | TaxBasedOnInvestmentIncome |
| Total Tax | 4 | TotalTax |
| Distributable Amount Before Adj | 3742 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 3742 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 3742 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 25560 | ExpensesAndContributions |
| Qualifying Distributions | 25560 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 4 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 25556 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3742 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 37407 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 75736 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 34462 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 147605 | TotalExcessDistriCarryover |
| Qualifying Distributions | 25560 | QualifyingDistributions |
| Applied To Current Year | 3742 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 21818 | RemainingDistriFromCorpus |
| Total Corpus | 169423 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 169423 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 37407 | ExcessFromYear3 |
| Excess From Year2 | 75736 | ExcessFromYear2 |
| Excess From Year1 | 34462 | ExcessFromYear1 |
| Excess From Current Year | 147605 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| MISCELANEOUS CONTRIBUTIONS | |||||||
| 901 KINGS HWY | Brooklyn | NY | 11210 | NONE | EXEMPT | EDUCATIONRELIGOUSRELIGOUS | $18,560 |
| lev bais yaakov | |||||||
| 2710 AVE X | Brooklyn | NY | 11223 | none | exempt | education | $7,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 25560 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $445 | UnrelatedBusinessIncomeAmount |
| Exclusion Code | 14 | ExclusionCode |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $445 | UnrelatedBusinessIncomeAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 445 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | BIS APPLE LIQUIDATORS | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 KINGS HIGHWAY | AddressLine1 |
| City | Brooklyn | City |
| State | NY | State |
| ZIP Code | 11223 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 35000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |