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ROSS ANGEL FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
ROSS ANGEL FOUNDATION (EIN 56-2013753)
Tax period
2010-05-01 to 2011-04-30
Filed
2011-09-15
IRS object ID
201132589349100008
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)
Timestamp2011-09-15T03:15:12-04:00Timestamp
Tax Period End Date2011-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FREEDOM ACCOUNTING BUSINESS SERVBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line13011 SPRING GARDEN ST STE EAddressLine1
CityGREENSBOROCity
StateNCState
ZIP Code27403ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN562013753EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Ross Angel FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlROSSNameControl
Phone3362922227Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13011 SPRING GARDEN ST STE BAddressLine1
CityGREENSBOROCity
StateNCState
ZIP Code27403ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRUSSELLENE J ANGELName
TitlePRESIDENTTitle
Phone3362922227Phone
Date Signed2011-09-14DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBETTY GAYDONName
Phone3368544141Phone
Date Prepared2011-09-15DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY602282FMVAssetsEOY
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 Expnss11753InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm11753InterestOnSavingsNetInvstIncm
Total Revenue And Expenses11753TotalRevenueAndExpenses
Total Net Investment Income11753TotalNetInvestmentIncome
Legal Fees Rev And Expnss500LegalFeesRevAndExpnss
Taxes Rev And Expnss161TaxesRevAndExpnss
Tot Opr Expenses Rev And Expnss661TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss0ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps0ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss661TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps0TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses11092ExcessOfRevenueOverExpenses
Net Investment Income11753NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY2837CashBOY
Cash EOY2176CashEOY
Cash EOYFMV2176CashEOYFMV
Savings And Temp Cash Invst BOY588353SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY600106SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV600106SavingsAndTempCashInvstEOYFMV
Total Assets BOY591190TotalAssetsBOY
Total Assets EOY602282TotalAssetsEOY
Total Assets EOYFMV602282TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY591190CapitalStockBOY
Capital Stock EOY602282CapitalStockEOY
Total Net Assets BOY591190TotalNetAssetsBOY
Total Net Assets EOY602282TotalNetAssetsEOY
Total Liabilities Net Assets BOY591190TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY602282TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY591190TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses11092ExcessOfRevenueOverExpenses
Subtotal602282Subtotal
Total Net Assets Fund Balances EOY602282TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year3268511QualifyingDistributionsYear3
Noncharitable Assets Year3615336NoncharitableAssetsYear3
Distribution Ratio Year30.436365DistributionRatioYear3
Total Distribution Ratio0.436365TotalDistributionRatio
Average Distribution Ratio0.436365AverageDistributionRatio
Net Noncharitable Assets584664NetNoncharitableAssets
Adjusted Noncharitable Assets255127AdjustedNoncharitableAssets
One Percent Net Investment Income118OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One255245AdjNonchrtblAssetsAndOnePct

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax235InvestmentIncomeExciseTax
Subtotal235Subtotal
Tax Based On Investment Income235TaxBasedOnInvestmentIncome
Tax Due235TaxDue

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 Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNCStatesFiledWith
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 Person NameRussellene AngelBooksInCareOfPersonName
Books In Care Of Phone Number3362922227BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line13011 B SPRING GARDEN STAddressLine1
CityGREENSBOROCity
StateNCState
ZIP Code27403ZIPCode
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

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
RUSSELINE ANGLE
4826 COUNTRY WOODS LNGreensboroNC27410PRESIDENT1.000
RICHARD FORMAN
1118 WESTRIDGE RDGREENSBORONC27405SECRETARY1.000
WILLIAM R JOHNSON JR
3011 SPRING GARDEN ST STE BGreensboroNC27403VICE PRESIDENT1.000
FieldValueIRS element (for citing)
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances593568AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets593568TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets593568AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable8904CashDeemedCharitable
Net Noncharitable Assets584664NetNoncharitableAssets
Minimum Investment Return29233MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return29233MinimumInvestmentReturn
Tax Based On Investment Income235TaxBasedOnInvestmentIncome
Total Tax235TotalTax
Distributable Amount Before Adj28998DistributableAmountBeforeAdj
Distributable Amount Before Ded28998DistributableAmountBeforeDed
Distributable Amount As Adjusted28998DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions0ExpensesAndContributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted28998DistributableAmountAsAdjusted
Excess Distri Carryover Year3268511ExcessDistriCarryoverYear3
Total Excess Distri Carryover268511TotalExcessDistriCarryover
Excess Distri Cyov App CY Corpus29115ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY29115ExcessDistriCyovAppliedCY
Total Corpus239396TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year239396ExcessDistriCyovToNextYear
Excess From Year3239396ExcessFromYear3

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion$11,753ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$11,753ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA11753TotalPartXVIA

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
CategoryCHANGE NAMECategory
Amount$500Amount

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryTAXCategory
Amount$161Amount