SARAH BONWELL HUDGINS FOUNDATION INC: Form 990, tax year 2023
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- Organization
- SARAH BONWELL HUDGINS FOUNDATION INC (EIN 54-0971072)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-03-26
- IRS object ID
- 202500859349300525
- Schema version
- 2023v6.0
- 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 | 2025-03-26T12:04:51-04:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 921496310 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIENTS 1ST CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 878 | AddressLine1Txt |
| City | YORKTOWN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23692 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540971072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARAH BONWELL HUDGINS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 7578278757 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1706 TODDS LANE BOX 194 | AddressLine1Txt |
| City | HAMPTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23666 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER REGISTER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7578278757 | PhoneNum |
| Signature | 2024-03-17 | 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 | KATHRYN LIGHTNER CPA | PreparerPersonNm |
| PTIN | P01231145 | PTIN |
| Phone | 8772513687 | PhoneNum |
| Preparation | 2025-03-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Condition | WWWSARAHBONWELLHUDGINSORG | SpecialConditionDesc |
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | JENNIFER REGISTER | PrincipalOfficerNm |
| Gross Receipts | $2,340,215 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SARAHBONWELLHUDGINS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $12,045 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,543 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $161,921 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $41,189 | CYProgramServiceRevenueAmt |
| PY Investment Income | $99,715 | PYInvestmentIncomeAmt |
| CY Investment Income | -$736,814 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $273,681 | PYTotalRevenueAmt |
| CY Total Revenue | -$667,082 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $16,133 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $146,367 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $137,605 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $423,440 | PYOtherExpensesAmt |
| CY Other Expenses | $262,075 | CYOtherExpensesAmt |
| PY Total Expenses | $572,307 | PYTotalExpensesAmt |
| CY Total Expenses | $415,813 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$298,626 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,082,895 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,206,422 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,264,279 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $195,385 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,050 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,011,037 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,260,229 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $319,325 | ExpenseAmt |
| Grant | $16,133 | GrantAmt |
| Desc | TO ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. | Desc |
| Total Program Service Expenses | $319,325 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORRI POWERS | PersonNm |
| Phone | 7578278757 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1706 TODDS LANE BOX 194 | AddressLine1Txt |
| City | HAMPTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23666 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| LORRI POWERS | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $101,261 | $0 | $0 | |
| JENNIFER REGISTER | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ANDREW SULLIVAN | ||||||
| FIRST VICE P | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RICHARD BAGLEY JR | ||||||
| SECOND VICE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| HERBERT GREEN | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SARAH PUCKETT | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JONATHAN MINKOFF | ||||||
| ASSOCIATE TR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| PAUL BABCOCK | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| KRISTI CHAMBERLAIN | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| GEORGE LEAGUE | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DONALD SWAIN | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ASHLEY SMITH | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| KIRK WALL | ||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $101,261 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $28,543 | AllOtherContributionsAmt |
| Total Contributions | $28,543 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMPLEX RENTAL | Desc |
| Business | 532000 | BusinessCd |
| Total Revenue Column | $41,189 | TotalRevenueColumnAmt |
| Exclusion | $41,189 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $41,189 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,690 | TotalRevenueColumnAmt |
| Exclusion | $107,690 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $170,793 | SecuritiesAmt |
| Other | $1,992,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $122,841 | SecuritiesAmt |
| Other | $2,884,456 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,952 | SecuritiesAmt |
| Other | -$892,456 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$844,504 | TotalRevenueColumnAmt |
| Exclusion | -$844,504 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$667,082 | TotalRevenueColumnAmt |
| Exclusion | -$695,625 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,133 | TotalAmt |
| Program Services | $16,133 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,261 | TotalAmt |
| Program Services | $60,757 | ProgramServicesAmt |
| Management And General | $40,504 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,626 | TotalAmt |
| Program Services | $12,375 | ProgramServicesAmt |
| Management And General | $8,251 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,245 | TotalAmt |
| Program Services | $2,547 | ProgramServicesAmt |
| Management And General | $1,698 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,473 | TotalAmt |
| Program Services | $1,160 | ProgramServicesAmt |
| Management And General | $10,313 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,500 | TotalAmt |
| Program Services | $3,705 | ProgramServicesAmt |
| Management And General | $2,795 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,923 | TotalAmt |
| Program Services | $19,318 | ProgramServicesAmt |
| Management And General | $14,605 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750 | TotalAmt |
| Program Services | $750 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,471 | TotalAmt |
| Program Services | $11,471 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,081 | TotalAmt |
| Program Services | $47,577 | ProgramServicesAmt |
| Management And General | $2,504 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,087 | TotalAmt |
| Program Services | $8,224 | ProgramServicesAmt |
| Management And General | $3,863 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| POST 140 EXPENSES | $110,851 | $110,851 | |
| REPAIRS AND MAINTENANCE | $13,411 | $7,242 | $6,169 |
| UTILITIES | $10,592 | $8,540 | $2,052 |
| MISCELLANEOUS | $4,408 | $2,865 | $1,543 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,001 | TotalAmt |
| Program Services | $5,810 | ProgramServicesAmt |
| Management And General | $2,191 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,813 | TotalAmt |
| Program Services | $319,325 | ProgramServicesAmt |
| Management And General | $96,488 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $474,137 | BOYAmt |
| EOY | $227,738 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,935 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,662 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,901,675 | BOYAmt |
| EOY | $273 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,825,142 | BOYAmt |
| EOY | $5,000,588 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,468 | BOYAmt |
| EOY | $35,680 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,206,422 | BOYAmt |
| EOY | $5,264,279 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,821 | BOYAmt |
| EOY | $1,845 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184,564 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,000 | BOYAmt |
| EOY | $2,205 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,385 | BOYAmt |
| EOY | $4,050 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,011,037 | BOYAmt |
| EOY | $5,260,229 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,011,037 | BOYAmt |
| EOY | $5,260,229 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,206,422 | BOYAmt |
| EOY | $5,264,279 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,082,895 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $335,296 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$3,209 | InvestmentExpenseAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,833 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $133,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $85,570 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,045 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,543 | CurrentTaxYearAmt |
| Total | $290,335 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,833 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $133,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $85,570 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,045 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,543 | CurrentTaxYearAmt |
| Total | $290,335 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $290,335 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $161,966 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $176,798 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $160,260 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $99,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $107,690 | CurrentTaxYearAmt |
| Total | $706,429 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $41,189 | CurrentTaxYearAmt |
| Total | $41,189 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,037,953 | TotalSupportAmt |
| Public Support CY170 | 0.27970 | PublicSupportCY170Pct |
| Public Support PY170 | 0.17810 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | FOR THE CURRENT YEAR, THE FOUNDATION MET THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS: -DURING THE FISCAL YEAR, THE FOUNDATION RECEIVED GENERAL PUBLIC SUPPORT IN EXCESS OF 10% AND THE PRIOR 5-YEAR AVERAGE WAS IN EXCESS OF 10%. -THE FOUNDATION HAD A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE EXECUTIVE DIRECTOR WAS TASKED WITH INCREASING THE PUBLIC SUPPORT IN THE UPCOMING YEARS. -THE SUPPORT CAME FROM VARIOUS INDIVIDUAL MEMBERS AND BUSINESSES IN THE LOCAL COMMUNITY. -THE BOARD OF TRUSTEES REPRESENTED A BROAD RANGE OF INDIVIDUALS FROM THE LOCAL COMMUNITY AND PUBLIC OFFICIALS. -THE FOUNDATION PROVIDED HOUSING AND WORK/ACTIVITIES FOR INDIVIDUALS WITH MENTAL AND PHYSICAL DISABILITIES. THIS WAS DONE BY MAINTAINING GROUP HOUSING FOR INDIVIDUALS AND RENTAL OF FACILITIES AT BELOW MARKET RENTS TO ORGANIZATIONS THAT SUPPORT THAT MISSION. DUE TO RECENT CHANGES IN LAW, REGULATIONS, AND REQUIREMENTS FOR PAYMENT ASSISTANCE, CAMPUS-STYLE ASSISTANCE FOR THOSE WITH MENTAL DISABILITIES WAS NO LONGER FEASABLE. AS A RESULT, THE FOUNDATION IS TRANSITIONING TO BECOME A NON-OPERATING, GRANT-GIVING FOUNDATION WHICH WILL ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 17A | FOR THE CURRENT YEAR, THE FOUNDATION MET THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS: -DURING THE FISCAL YEAR, THE FOUNDATION RECEIVED GENERAL PUBLIC SUPPORT IN EXCESS OF 10% AND THE PRIOR 5-YEAR AVERAGE WAS IN EXCESS OF 10%. -THE FOUNDATION HAD A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE EXECUTIVE DIRECTOR WAS TASKED WITH INCREASING THE PUBLIC SUPPORT IN THE UPCOMING YEARS. -THE SUPPORT CAME FROM VARIOUS INDIVIDUAL MEMBERS AND BUSINESSES IN THE LOCAL COMMUNITY. -THE BOARD OF TRUSTEES REPRESENTED A BROAD RANGE OF INDIVIDUALS FROM THE LOCAL COMMUNITY AND PUBLIC OFFICIALS. -THE FOUNDATION PROVIDED HOUSING AND WORK/ACTIVITIES FOR INDIVIDUALS WITH MENTAL AND PHYSICAL DISABILITIES. THIS WAS DONE BY MAINTAINING GROUP HOUSING FOR INDIVIDUALS AND RENTAL OF FACILITIES AT BELOW MARKET RENTS TO ORGANIZATIONS THAT SUPPORT THAT MISSION. DUE TO RECENT CHANGES IN LAW, REGULATIONS, AND REQUIREMENTS FOR PAYMENT ASSISTANCE, CAMPUS-STYLE ASSISTANCE FOR THOSE WITH MENTAL DISABILITIES WAS NO LONGER FEASABLE. AS A RESULT, THE FOUNDATION IS TRANSITIONING TO BECOME A NON-OPERATING, GRANT-GIVING FOUNDATION WHICH WILL ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. |
| PART II, LINE 17B | FOR THE PRIOR YEAR, THE FOUNDATION MET THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS: -DURING THE PRIOR FISCAL YEAR, THE FOUNDATION RECEIVED GENERAL PUBLIC SUPPORT IN EXCESS OF 10% AND THE PRIOR 5-YEAR AVERAGE WAS IN EXCESS OF 10%. -THE FOUNDATION HAD A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE EXECUTIVE DIRECTOR WAS TASKED WITH INCREASING THE PUBLIC SUPPORT IN THE UPCOMING YEARS. -THE PRIOR YEAR SUPPORT CAME FROM VARIOUS INDIVIDUAL MEMBERS AND BUSINESSES IN THE LOCAL COMMUNITY. -THE BOARD OF DIRECTORS REPRESENTED A BROAD RANGE OF INDIVIDUALS FROM THE LOCAL COMMUNITY AND PUBLIC OFFICIALS. -THE FOUNDATION PROVIDED HOUSING AND WORK/ACTIVITIES FOR INDIVIDUALS WITH MENTAL AND PHYSICAL DISABILITIES. THIS WAS DONE BY MAINTAINING GROUP HOUSING FOR INDIVIDUALS AND RENTAL OF FACILITIES AT BELOW MARKET RENTS TO ORGANIZATIONS THAT SUPPORT THAT MISSION. -CONTRIBUTIONS IN THE PRIOR YEAR, AND THE YEAR BEFORE THAT YEAR, WERE NEGATIVELY IMPACTED BY COVID-19. |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,935 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,662 | DepreciationAmt |
| Book Value | $273 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $273 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED PAYROLL | Desc |
| Amt | $2,205 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,205 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | -$334,995 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $335,296 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $335,296 | RevenueNotReportedAmt |
| Revenue Subtotal | -$670,291 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $3,209 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $3,209 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | -$667,082 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $415,813 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $415,813 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $415,813 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR ANY INCOME RELATED TO ITS EXEMPT PURPOSE. THE FOUNDATION IS SUBJECT TO TAXATION ON UNRELATED NET BUSINESS INCOME BUT IT HAD NONE FOR THE YEAR ENDED JUNE 30, 2024. SARAH BONWELL HUDGINS FOUNDATION, INC. HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS REQUIRED TO BE DISCLOSED UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARAH'S CREW | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 VALMOORE DRIVE | AddressLine1Txt |
| City | POQUOSON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23662 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 934098645 | RecipientEIN |
| IRC Section | 3 | IRCSectionDesc |
| Cash Grant | $16,133 | CashGrantAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 2 | DUE TO RECENT CHANGES IN LAW, REGULATIONS, AND REQUIREMENTS FOR PAYMENT ASSISTANCE, CAMPUS-STYLE ASSISTANCE FOR THOSE WITH MENTAL DISABILITIES WAS NO LONGER FEASABLE. AS A RESULT, THE FOUNDATION IS TRANSITIONING TO BECOME A NON-OPERATING, GRANT-GIVING FOUNDATION WHICH WILL ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. |
| FORM 990, PAGE 2, PART III, LINE 3 | THE FOUNDATION HAS BEEN LIMITED IN THE SERVICES IT PROVIDES DUE TO RECENT CHANGES IN THE LAW, REGULATIONS AND IN THE REQUIREMENTS FOR PAYMENT ASSISTANCE. AS A RESULT, THE FOUNDATION IS TRANSITIONING TO BECOME A NON- OPERATING, GRANT-GIVING FOUNDATION WHICH WILL ENHANCE AND ELEVATE THE LIVES OF INDIVIDUALS WITH DISABILITIES ACROSS THE HAMPTON ROADS REGION IN VIRGINIA THROUGH SUSTAINABLE GIVING PROGRAMS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE TAX RETURN IS INITIALLY REVIEWED BY MANAGEMENT WITH QUESTIONS DIRECTED TO THE CPA. THE TREASURER OF THE BOARD THEN REVIEWS THE TAX RETURN WITH MANAGEMENT PRIOR TO THE SIGNING AND FILING OF THE TAX RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 15A | TRUSTEE STAFF SUPPORT COMMITTEE AND BUDGET AND FINANCE COMMITTEE PROPOSE A COST OF LIVING INCREASE BASED ON INFLATION AND THE ENTIRE BOARD APPROVES THE INCREASE AS PART OF THE ANNUAL BUDGET. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE MAINTAINED BY THE EXECUTIVE DIRECTOR AND ARE AVAILABLE UPON REQUEST. |
| FORM 990, PAGE 12, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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