ADES FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ADES FAMILY FOUNDATION INC (EIN 85-2853438)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-06-13
- IRS object ID
- 202421659349100502
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-13T08:27:12-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 260547877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSDT & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9300 S DADELAND BLVD STE 600 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331562721 | 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 | 852853438 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADES FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ADES | BusinessNameControlTxt |
| Phone | 3055605200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY STE 2900 | AddressLine1Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL ADES | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3055605200 | PhoneNum |
| Signature | 2024-06-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIEL | PersonFirstNm |
| Person Last | ADES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN L HOFMANN | PreparerPersonNm |
| PTIN | P00009637 | PTIN |
| Phone | 3056703370 | PhoneNum |
| Preparation | 2024-06-13 | 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 | $18,216,395 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $389,971 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $547,953 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $547,953 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $547,953 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $69,214 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,646,426 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $69,214 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $69,214 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $215 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $215 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,007,353 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $617,167 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $617,382 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $143,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $143,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,209 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,209 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $298 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $298 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,520 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $17,520 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $96,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $90,000 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $416 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $12,437 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,437 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,117 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,069 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $290,497 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $48 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $284,033 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $242,952 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $242,952 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $533,449 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $48 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $526,985 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $473,904 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $617,119 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $617,382 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,923,842 | CashBOYAmt |
| Cash EOY | $41,277 | CashEOYAmt |
| Cash EOYFMV | $41,277 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $3,055,119 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,055,119 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $78,775 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $492,979 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $492,979 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $499,792 | USGovtObligationsEOYFMVAmt |
| Corporate Stock EOY | $390,225 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $585,224 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,783,639 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,592,221 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,283,361 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,114,656 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $729 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,133,512 | LandBOYAmt |
| Land EOY | $8,113,927 | LandEOYAmt |
| Land EOYFMV | $8,114,656 | LandEOYFMVAmt |
| Other Assets BOY | $1,599,650 | OtherAssetsBOYAmt |
| Other Assets EOY | $636,966 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $636,966 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,012,397 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,322,714 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,216,395 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,400 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $4,400 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $17,007,997 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,322,714 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,007,997 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,322,714 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,012,397 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,322,714 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,007,997 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $473,904 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,481,901 | SubtotalAmt |
| Other Decreases | $159,187 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,322,714 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BK OF AMERICA CORP SENIOR UNSECURED | P | 2022-09-22 | 2023-09-14 | $495,250 | $487,418 | $7,832 | $7,832 |
| UNITED STATES TREASURY BONDS | P | 2023-10-03 | 2023-11-21 | $676,563 | $631,743 | $44,820 | $44,820 |
| UNITED STATES TREASURY BONDS | P | 2023-10-04 | 2023-11-21 | $474,613 | $458,051 | $16,562 | $16,562 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $69,214 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $69,214 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,578 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,578 | SubtotalAmt |
| Tax Based On Investment Income | $8,578 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,528 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $31,528 | TotalPaymentsAndCreditsAmt |
| Overpayment | $22,950 | OverpaymentAmt |
| Applied To ES Tax | $22,950 | 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 | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.THEADESFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | DANIEL ADES | IndividualWithBooksNm |
| Phone | 3055605200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY | AddressLine1Txt |
| Address Line2 | STE 2900 | AddressLine2Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL ADES | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| GISELA ADES | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | SECRETARY | 1.00 | $0 | $0 | $0 |
| CARLOS FELIPE LEMOS | |||||||||
| 1010 S FEDERAL HWY | STE 2900 | HALLANDALE BEACH | FL | 33009 | VICE PRESIDE | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GIL PERL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22205 LARKSPUR TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33433 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CEO | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 12.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $143,500 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GIL PERL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22205 LARKSPUR TRAIL | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33433 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | FUNDRAISING | ServiceTypeTxt |
| Compensation | $54,000 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACQUIRED LAND AND LEASED IT TO JEWISH LEADERSHIP ACADEMY, A SECTION 501(C)(3) ORGANIZATION. | Description1Txt |
| Expenses1 | $284,033 | Expenses1Amt |
| Description2 | PROVIDED MONETARY SUPPORT TO VARIOUS TAX-EXEMPT ORGANIZATIONS TO FURTHER THIER CHARITABLE ACTIVITIES. | Description2Txt |
| Expenses2 | $242,952 | Expenses2Amt |
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 | $5,499,599 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,283,195 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,060 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,788,854 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $7,788,854 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $116,833 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,672,021 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $383,601 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $383,601 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,578 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,578 | TotalTaxAmt |
| Distributable Before Adj | $375,023 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $375,023 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $375,023 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $526,985 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $526,985 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $375,023 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $5,297,773 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,122,002 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $831,892 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,251,667 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $526,985 | QualifyingDistributionsAmt |
| Applied To Current Year | $375,023 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $151,962 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,403,629 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $8,403,629 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $5,297,773 | ExcessFromYear3Amt |
| Excess From Year2 | $2,122,002 | ExcessFromYear2Amt |
| Excess From Year1 | $831,892 | ExcessFromYear1Amt |
| Excess From Current Year | $151,962 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DANIEL ADES | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| AMERICA GIVES | |||||||||
| 1732 1ST AVE | UNIT 27091 | NEW YORK | NY | 10128 | NONE | PC | CHARITABLE DONATION | $3,600 | |
| AMERICAN FRIENDS OF LIBI | |||||||||
| 45 BARTLETT CRESCENT | BROOKLINE | MA | 02446 | NONE | PC | CHARITABLE DONATION | $43,500 | ||
| AMERICAN FRIENDS OF MAGEN | |||||||||
| 20 W 36TH ST | NEW YORK | NY | 10018 | NONE | PC | CHARITABLE DONATION | $10,000 | DAVID ADOM | |
| AMERICAN ISRAEL EDUCATION | |||||||||
| 251 H ST NW | WASHINGTON | DC | 20001 | NONE | PC | CHARITABLE DONATION | $75,000 | FOUNDATION | |
| CLOSE UP FOUNDATION | |||||||||
| 671 N GLEBE RD | STE 900 | ARLINGTON | VA | 22203 | NONE | PC | CHARITABLE DONATION | $1,677 | |
| FALIC FAMILY FOUNDATION | |||||||||
| 6100 PINES BLVD | 7TH FLOOR | PEMBROKE PINES | FL | 33024 | NONE | PC | CHARITABLE DONATION | $10,000 | |
| HALACHA EDUCATION CENTER | |||||||||
| 254 CHESTNUT ST | ENGLEWOOD | NJ | 07631 | NONE | PC | CHARITABLE DONATION | $18,000 | ||
| JEWISH FUNDERS NETWORK | |||||||||
| 150 WEST 30TH ST | NEW YORK | NY | 10001 | NONE | PC | CHARITABLE DONATION | $2,575 | ||
| AMERICAN FRIENDS OF LEKET ISRAEL | |||||||||
| PO BOX 2090 | TEANECK | NJ | 076661490 | NONE | PC | CHARITABLE DONATION | $3,600 | ||
| MICHAEL-ANN RUSSELL JCC | |||||||||
| 18900 NE 25TH AVE | MIAMI | FL | 33180 | NONE | PC | CHARITABLE DONATION | $50,000 | ||
| PRIZMAH | |||||||||
| 254 W 54TH ST | 11TH FLOOR | NEW YORK | NY | 10019 | NONE | PC | CHARITABLE DONATION | $10,000 | |
| THE ALS ASSOCIATION | |||||||||
| 1300 WILSON BLVD | STE 600 | ARLINGTON | VA | 22209 | NONE | PC | CHARITABLE DONATION | $5,000 | |
| YACHAD | |||||||||
| 40 RECTOR ST | 4TH FLOOR | NEW YORK | NY | 10006 | NONE | PC | CHARITABLE DONATION | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $242,952 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $547,953 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $69,214 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $215 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $617,382 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $617,382 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | CLARA ADES GADA 10 LLC | ContributorPersonNm |
Contributor Foreign Address ContributorForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | R DR MELO ALVES 690 AP 151 | AddressLine1Txt |
| City | SAO PAOLO | CityNm |
| Country | BR | CountryCd |
| Foreign Postal | 01417-010 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $389,971 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 150 SH - NEW MILAN RR LTD. | NoncashPropertyDesc |
| Fair Market Value | $389,971 | FairMarketValueAmt |
| Received | 2023-12-20 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $17,520 | Amt |
| Disbursements Charitable Prps | $17,520 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| LAND NW 8TH AVE | 2021-08-28 | $1,305,237 | ||||
| LAND 95TH STREET | 2020-10-15 | $4,713,400 | ||||
| LAND 96TH ST | 2020-10-15 | $651,400 | ||||
| LAND NW 96 ST | 2021-03-15 | $926,200 | ||||
| COMPUTER | 2022-04-09 | $2,084 | $313 | S/L | 5.0000 | $416 |
| 928 NW 96TH ST | 2022-01-14 | $401,518 | ||||
| ROAD CLOSURE | 2022-06-14 | $114,817 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADLER TN TX NC SUBORDINATE SUB SECD | $170,426 | $160,566 |
| BK OF AMERICA | ||
| CORP 500 DEERFIELD IL JR SUB SER C | $364,636 | $470,959 |
| FAIR LAKES CIRCLE FAIRFAX 21-1 CL C | $437,796 | $724,134 |
| HEATHROW PORTFOLIO ORLANDO SER 21-1A | $120,557 | $200,420 |
| HIGHLAND LANDMARK LEASED BACKD SER | $186,881 | $187,747 |
| GOLDMAN SACHS GROUP INC SR 0.95% | $485,685 | $491,952 |
| INVESTMENT IN WRCOG | $416,228 | $503,134 |
| POINT IRVING TX JR SUB NTS SER 22-1 | $91,813 | $93,133 |
| MAKEFIELD CROSSING LEASE SER 22-1 | $254,023 | $335,895 |
| MOMOFUKU MANHATTAN | ||
| NORMANDALE LAKE BLOOMINGTON MN SER | $275,000 | $287,538 |
| WOOD-CENTRA METROBANK IDELIN SER 21 | $384,786 | $383,870 |
| TEXTRON FINL CORP SR NT 144A 7.376% | $307,504 | $326,314 |
| PLP LTD SER 2021-1 CL C 144A 6.897% | $355,275 | $366,876 |
| PLP LTD SER 2021-2 CL C 144A 7.872% | $184,050 | $193,262 |
| EXPRESS 12K DTW DETROIT MI SUB NT | $557,561 | $557,561 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NEW MILAN RR LTD | StockNm |
| EOY Book Value | $390,225 | EOYBookValueAmt |
| EOYFMV | $585,224 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $492,979 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $499,792 | USGovtObligationsEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTER | $2,084 | $729 | $1,355 | $2,084 |
| LAND | $8,112,572 | $8,112,572 | $8,112,572 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BUSINESS LEGAL FEES | CategoryTxt |
| Legal Fees | $298 | LegalFeesAmt |
| Disbursements Charitable Prps | $298 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DUE FROM CENTRO JUDAICO DE MIA | $749,650 | $416,966 | $416,966 |
| DUE FROM CHABAD OF GOLDEN BEACH | $850,000 | $220,000 | $220,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL INCOME TAX | $64,847 |
| PRIOR PERIOD ADJUSTMENT | $94,340 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK FEES | $1,848 | $16 | $1,832 |
| DUES AND SUBSCRIPTIONS | $187 | $187 | |
| OFFICE EXPENSE | $1,355 | $32 | $1,323 |
| PROPERTY INSURANCE | $220 | $220 | |
| SOFTWARE | $661 | $661 | |
| TELEPHONE EXPENSE | $1,656 | $1,656 | |
| WEBSITE | $2,500 | $2,500 | |
| WORKERS COMP INSURANCE | $690 | $690 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $215 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $215 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt |
|---|---|
| SECURITY DEPOSIT | $2,800 |
| LAST MONTH'S RENT | $1,600 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $96,000 | Amt |
| Disbursements Charitable Prps | $90,000 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLARA ADES GADA 10 LLC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 S FEDERAL HWY STE 2900 | AddressLine1Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33009 | ZIPCd |
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