THE MICHAEL D AND MARGARET ANN: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE MICHAEL D AND MARGARET ANN (EIN 43-6767967)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-10
- IRS object ID
- 202401319349102480
- Schema version
- 2023v5.0
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-10T16:06:27-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 431305868 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLFF & TAYLOR PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 S CENTRAL AVE STE 402 | AddressLine1Txt |
| City | SAINT LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 436767967 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHAEL D AND MARGARET ANN | BusinessNameLine1Txt |
| Business Name Line2 | LATTA CHARITABLE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 3149910737 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 816 S HANELY ROAD UNIT 16A | AddressLine1Txt |
| City | SAINT LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL D LATTA | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3149910737 | PhoneNum |
| Signature | 2024-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | LATTA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAWRENCE E WOLFF | PreparerPersonNm |
| PTIN | P00509098 | PTIN |
| Phone | 3147273700 | PhoneNum |
| Preparation | 2024-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $275,801 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $355 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $355 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $355 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $7,483 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,483 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $7,483 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $7,838 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,838 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $7,838 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $950 | AccountingFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $4 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $954 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $26,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $26,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $26,954 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $26,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$19,116 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,834 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,838 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $193,883 | CashBOYAmt |
| Cash EOY | $9,767 | CashEOYAmt |
| Cash EOYFMV | $9,766 | CashEOYFMVAmt |
| Corporate Stock BOY | $83,330 | CorporateStockBOYAmt |
| Corporate Stock EOY | $248,330 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $266,035 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $277,213 | TotalAssetsBOYAmt |
| Total Assets EOY | $258,097 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $275,801 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $277,213 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $258,097 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $277,213 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $258,097 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $277,213 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $258,097 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $277,213 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$19,116 | ExcessRevenueOverExpensesAmt |
| Subtotal | $258,097 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $258,097 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $109 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $109 | SubtotalAmt |
| Tax Based On Investment Income | $109 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $695 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $695 | TotalPaymentsAndCreditsAmt |
| Overpayment | $586 | OverpaymentAmt |
| Applied To ES Tax | $586 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MICHAEL D LATTA | IndividualWithBooksNm |
| Phone | 3149910737 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 816 S HANLEY ROAD UNIT 16A | AddressLine1Txt |
| City | SAINT LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL D LATTA | |||||||||
| 816 S HANLEY ROAD UNIT 16A | SAINT LOUIS | MO | 63105 | TRUSTEE | 0.50 | $0 | $0 | $0 | |
| MARGARET ANN LATTA | |||||||||
| 816 S HANLEY ROAD | SAINT LOUIS | MO | 63105 | TRUSTEE | 0.10 | $0 | $0 | $0 | UNIT 16A |
| ANN M SETTIMI | |||||||||
| 823 INGLESIDE PLACE | EVANSTON | IL | 60201 | TRUSTEE | 0.10 | $0 | $0 | $0 | |
| ADAM M GOFFSTEIN | |||||||||
| 4960 PERSHING PLACE | SAINT LOUIS | MO | 63108 | TRUSTEE | 0.10 | $0 | $0 | $0 | |
| MICHAEL D LATTA JR | |||||||||
| 155 N HANLEY ROAD UNIT 205 | SAINT LOUIS | MO | 63105 | TRUSTEE | 0.10 | $0 | $0 | $0 | UNIT 205 |
| WILLIAM R LATTA | |||||||||
| 13505 WESTON PARK DRIVE | SAINT LOUIS | MO | 63131 | TRUSTEE | 0.10 | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $204,573 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $66,700 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $271,273 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $271,273 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,069 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $267,204 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,360 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,360 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $109 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $109 | TotalTaxAmt |
| Distributable Before Adj | $13,251 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $13,251 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $13,251 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $26,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $26,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,251 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $14,160 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,163 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $8,659 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,575 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $11,236 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $44,793 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $26,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $13,251 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $12,749 | RemainingDistriFromCorpusAmt |
| Total Corpus | $57,542 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $14,160 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $43,382 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,163 | ExcessFromYear4Amt |
| Excess From Year3 | $8,659 | ExcessFromYear3Amt |
| Excess From Year2 | $8,575 | ExcessFromYear2Amt |
| Excess From Year1 | $11,236 | ExcessFromYear1Amt |
| Excess From Current Year | $12,749 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CITY ACADEMY | ||||||
| 4175 N KINGSHIGHWAY BLVD | SAINT LOUIS | MO | 63115 | 501(C)3 | EDUCATION | $10,000 |
| THE MUNY | ||||||
| 1 THEATRE DRIVE | SAINT LOUIS | MO | 63112 | 501(C)3 | ARTS & EDUCATION | $8,000 |
| MICDS | ||||||
| 101 N WARSON ROAD | SAINT LOUIS | MO | 63124 | 501(C)3 | EDUCATION | $8,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $26,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $355 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,483 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $7,838 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,838 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $950 | Amt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF AMERICA | $28,479 | $33,670 |
| STIFEL FINANCIAL | $27,954 | $51,863 |
| ALIBABA GROUP HOLDING LTD | $26,897 | $15,502 |
| SCHWAB GOVT MONEY MARKET FUND | $165,000 | $165,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| AMERICAN DEPOSITARY RECEIPT F | $4 | $4 |