GRIDLEY FAM FOUNDATION TR: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- GRIDLEY FAM FOUNDATION TR (EIN 04-3528697)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-08
- IRS object ID
- 202431909349100108
- Schema version
- 2023v5.1
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-08T09:02:27-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 201564384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANNEMAN CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3455 N AMIDON AVE | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672044147 | 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 | 043528697 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GRIDLEY FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRID | BusinessNameControlTxt |
| Phone | 3166486157 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 N ROCK ISLAND APT 2D | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY HOOVER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3166486157 | PhoneNum |
| Signature | 2024-06-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TRACY | PersonFirstNm |
| Person Last | HOOVER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN M MONTIEL CPA | PreparerPersonNm |
| PTIN | P01624829 | PTIN |
| Phone | 3168321123 | PhoneNum |
| Preparation | 2024-06-26 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $4,196,287 | 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 |
| Dividends Rev And Expnss | $19,841 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $19,841 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$13,629 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $244,670 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $6,212 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $19,841 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $142 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $142 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,511 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,385 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $180,074 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $47 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $195,249 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,527 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $196,249 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,527 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$190,037 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,841 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $40,184 | CashBOYAmt |
| Cash EOY | $7,981 | CashEOYAmt |
| Cash EOYFMV | $7,981 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $916 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $14,921 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $14,921 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $501,966 | CorporateStockBOYAmt |
| Corporate Stock EOY | $503,554 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $498,950 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,486,728 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $812,293 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,854,509 | LandBOYAmt |
| Land EOY | $3,674,435 | LandEOYAmt |
| Land EOYFMV | $3,674,435 | LandEOYFMVAmt |
| Total Assets BOY | $4,397,575 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,200,891 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,196,287 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $269,835 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $269,835 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $6,647 | MortgagesAndNotesPayableBOYAmt |
| Total Liabilities BOY | $276,482 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $269,835 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,388,450 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,388,450 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,732,643 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,542,606 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,121,093 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,931,056 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,397,575 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,200,891 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,121,093 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$190,037 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,931,056 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,931,056 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | VANGUARD SHRT TRM CORP BD ETF (VCSH) | PropertyDesc |
| Acquired | 2017-12-15 | AcquiredDt |
| Sold | 2023-09-19 | SoldDt |
| Gross Sales Price | $244,670 | GrossSalesPriceAmt |
| Cost Or Other Basis | $258,299 | CostOrOtherBasisAmt |
| Gain Or Loss | -$13,629 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$13,629 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$13,629 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $276 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $276 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $276 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $276 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3166486157 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 N ROCK ISLAND APT 2D | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (1) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| CURTIS D GRIDLEY | ||||||||
| 151 N ROCK ISLAND APT 2D | WICHITA | KS | 67202 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| TRACY A HOOVER | ||||||||
| 151 N ROCK ISLAND APT 2D | WICHITA | KS | 67202 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $490,025 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $36,392 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $526,417 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $526,417 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,896 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $518,521 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,926 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,926 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $276 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $276 | TotalTaxAmt |
| Distributable Before Adj | $25,650 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $25,650 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $25,650 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,527 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,527 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $25,650 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $492,304 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,614,684 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $858,001 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $367,878 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $34,669 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,367,536 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,527 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,527 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $16,123 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $16,123 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,351,413 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $476,181 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,875,232 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,614,684 | ExcessFromYear4Amt |
| Excess From Year3 | $858,001 | ExcessFromYear3Amt |
| Excess From Year2 | $367,878 | ExcessFromYear2Amt |
| Excess From Year1 | $34,669 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VDGSA | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 N ROCK ISLAND 2D | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $1,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,841 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$13,629 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,212 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,212 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,975 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (33 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| BUILDING | 2019-01-01 | $922,704 | $93,650 | SL | 39.000000000000 | $23,659 | $0 |
| BUILDING REMODEL - DESIGN & CONSTRUCTION | 2019-11-01 | $2,368,773 | $189,806 | SL | 39.000000000000 | $60,738 | $0 |
| ELECTRICAL WORK | 2021-02-08 | $2,555 | $123 | SL | 39.000000000000 | $66 | $0 |
| CHAIRS | 2019-11-01 | $61,397 | $48,798 | 200DB | 5.000000000000 | $8,399 | $0 |
| FILING CABINETS | 2019-11-01 | $7,658 | $6,087 | 200DB | 5.000000000000 | $1,047 | $0 |
| TABLES & COUNTERTOPS | 2019-11-01 | $36,375 | $28,911 | 200DB | 5.000000000000 | $4,976 | $0 |
| STANDING DESKS | 2019-11-01 | $3,565 | $2,834 | 200DB | 5.000000000000 | $487 | $0 |
| TELEVISIONS | 2019-11-01 | $3,000 | $2,384 | 200DB | 5.000000000000 | $411 | $0 |
| PHONE BOOTH | 2019-11-01 | $3,940 | $3,131 | 200DB | 5.000000000000 | $539 | $0 |
| OTHER BUILDING EQUIPMENT | 2021-06-30 | $254,689 | $98,757 | 200DB | 7.000000000000 | $44,552 | $0 |
| 2ND PHONE BOOTH | 2020-02-20 | $3,740 | $2,663 | 200DB | 5.000000000000 | $431 | $0 |
| SOFT SEATING | 2020-01-13 | $4,122 | $2,935 | 200DB | 5.000000000000 | $475 | $0 |
| A/V SYSTEM | 2020-01-03 | $50,000 | $35,600 | 200DB | 5.000000000000 | $5,760 | $0 |
| STOREFRONT INTERIOR GLASS | 2020-07-13 | $6,296 | $4,483 | 200DB | 5.000000000000 | $725 | $0 |
| BUILDING REMODEL & CONSTRUCTION | 2020-04-30 | $647,309 | $44,954 | SL | 39.000000000000 | $16,598 | $0 |
| BUILDING COST | 2021-02-10 | $5,000 | $240 | SL | 39.000000000000 | $128 | $0 |
| COURTYARD | 2021-05-05 | $8,546 | $356 | SL | 39.000000000000 | $219 | $0 |
| MAKER SPACE EQUIPMENT | 2019-11-01 | $7,935 | $5,146 | 200DB | 7.000000000000 | $797 | $0 |
| TORMACH EQUIPMENT | 2019-11-01 | $9,000 | $5,837 | 200DB | 7.000000000000 | $904 | $0 |
| LASER CUTTER | 2019-11-01 | $3,091 | $2,005 | 200DB | 7.000000000000 | $310 | $0 |
| WELDING EQUIPMENT | 2019-11-01 | $4,570 | $2,964 | 200DB | 7.000000000000 | $459 | $0 |
| GRIZZLEY EQUIPMENT | 2019-11-01 | $3,674 | $2,383 | 200DB | 7.000000000000 | $369 | $0 |
| TORMACH EQUIPMENT | 2019-11-01 | $2,899 | $1,880 | 200DB | 7.000000000000 | $291 | $0 |
| TORMACH EQUIPMENT | 2019-11-01 | $5,220 | $3,385 | 200DB | 7.000000000000 | $524 | $0 |
| GRIZZLY EQUIPMENT | 2019-11-01 | $2,698 | $1,749 | 200DB | 7.000000000000 | $271 | $0 |
| CNC ROUTER TABLE | 2019-11-01 | $7,224 | $4,685 | 200DB | 7.000000000000 | $725 | $0 |
| SAW STOP | 2019-11-01 | $3,377 | $2,191 | 200DB | 7.000000000000 | $339 | $0 |
| TVS AND MOUNTS | 2019-11-01 | $2,655 | $1,722 | 200DB | 7.000000000000 | $267 | $0 |
| SECURITY CAMERAS | 2019-11-01 | $2,942 | $1,908 | 200DB | 7.000000000000 | $295 | $0 |
| NETWORKING EQUIPMENT | 2019-11-01 | $4,383 | $2,844 | 200DB | 7.000000000000 | $440 | $0 |
| Z RACKS | 2019-11-01 | $5,025 | $3,259 | 200DB | 7.000000000000 | $505 | $0 |
| WELDING TABLE | 2020-01-18 | $5,067 | $2,852 | 200DB | 7.000000000000 | $633 | $0 |
| FORD TRANSIT VAN | 2019-11-02 | $27,299 | $21,697 | 200DB | 5.000000000000 | $3,735 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | 990-PF, PAGE 5, PART VI-A, LINE 11 | FormAndLineReferenceDesc |
| Medium Explanation | SCHEDULE OF CONTROLLED ENTITIES:NAME OF CONTROLLED ENTITY: GROOVER LABS, INCEIN: 84-3484606ADDRESS: 334 N ST. FRANCIS ST., WICHITA, KS 67202EXCESS BUSINESS HOLDING: NO | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT) | StockNm |
| EOY Book Value | $503,554 | EOYBookValueAmt |
| EOYFMV | $498,950 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (33 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BUILDING | $922,704 | $117,309 | $805,395 | $805,395 |
| BUILDING REMODEL - DESIGN & CONSTRUCTION | $2,368,773 | $250,544 | $2,118,229 | $2,118,229 |
| ELECTRICAL WORK | $2,555 | $189 | $2,366 | $2,366 |
| CHAIRS | $61,397 | $57,197 | $4,200 | $4,200 |
| FILING CABINETS | $7,658 | $7,134 | $524 | $524 |
| TABLES & COUNTERTOPS | $36,375 | $33,887 | $2,488 | $2,488 |
| STANDING DESKS | $3,565 | $3,321 | $244 | $244 |
| TELEVISIONS | $3,000 | $2,795 | $205 | $205 |
| PHONE BOOTH | $3,940 | $3,670 | $270 | $270 |
| OTHER BUILDING EQUIPMENT | $254,689 | $143,309 | $111,380 | $111,380 |
| 2ND PHONE BOOTH | $3,740 | $3,094 | $646 | $646 |
| SOFT SEATING | $4,122 | $3,410 | $712 | $712 |
| A/V SYSTEM | $50,000 | $41,360 | $8,640 | $8,640 |
| STOREFRONT INTERIOR GLASS | $6,296 | $5,208 | $1,088 | $1,088 |
| BUILDING REMODEL & CONSTRUCTION | $647,309 | $61,552 | $585,757 | $585,757 |
| BUILDING COST | $5,000 | $368 | $4,632 | $4,632 |
| COURTYARD | $8,546 | $575 | $7,971 | $7,971 |
| MAKER SPACE EQUIPMENT | $7,935 | $5,943 | $1,992 | $1,992 |
| TORMACH EQUIPMENT | $9,000 | $6,741 | $2,259 | $2,259 |
| LASER CUTTER | $3,091 | $2,315 | $776 | $776 |
| WELDING EQUIPMENT | $4,570 | $3,423 | $1,147 | $1,147 |
| GRIZZLEY EQUIPMENT | $3,674 | $2,752 | $922 | $922 |
| TORMACH EQUIPMENT | $2,899 | $2,171 | $728 | $728 |
| TORMACH EQUIPMENT | $5,220 | $3,909 | $1,311 | $1,311 |
| GRIZZLY EQUIPMENT | $2,698 | $2,020 | $678 | $678 |
| CNC ROUTER TABLE | $7,224 | $5,410 | $1,814 | $1,814 |
| SAW STOP | $3,377 | $2,530 | $847 | $847 |
| TVS AND MOUNTS | $2,655 | $1,989 | $666 | $666 |
| SECURITY CAMERAS | $2,942 | $2,203 | $739 | $739 |
| NETWORKING EQUIPMENT | $4,383 | $3,284 | $1,099 | $1,099 |
| Z RACKS | $5,025 | $3,764 | $1,261 | $1,261 |
| WELDING TABLE | $5,067 | $3,485 | $1,582 | $1,582 |
| FORD TRANSIT VAN | $27,299 | $25,432 | $1,867 | $1,867 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Revenue And Expenses Per Books | $47 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $4,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL INCOME TAX | $126 | $0 | $0 |
| PROPERTY TAXES | $8,042 | $0 | $8,042 |
| OTHER TAXES | $343 | $0 | $343 |
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