1150 FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
1150 FOUNDATION (EIN 46-1547070)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-09
IRS object ID
202432539349100428
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-09T18:24:13-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN880384266PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWAN & GARDINER CPA'S LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19005 W SAHARA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89117ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461547070EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line11150 FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control1150BusinessNameControlTxt
Phone7028579546PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD LEAVITTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7028579546PhoneNum
Signature2024-08-30SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW H SWANPreparerPersonNm
PTINP00286806PTIN
Phone7028699700PhoneNum
Preparation2024-08-30PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$94,205FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$184,987ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$152InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$152InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$152InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$185,139TotalRevAndExpnssAmt
Total Net Invst Incm$152TotalNetInvstIncmAmt
Total Adj Net Incm$152TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$100AccountingFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$1,466TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$2,020OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,586TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$113,392ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$113,392ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$116,978TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$113,392TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$68,161ExcessRevenueOverExpensesAmt
Net Investment Income$152NetInvestmentIncomeAmt
Adjusted Net Income$152AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$26,044CashBOYAmt
Cash EOY$94,205CashEOYAmt
Cash EOYFMV$94,205CashEOYFMVAmt
Total Assets BOY$26,044TotalAssetsBOYAmt
Total Assets EOY$94,205TotalAssetsEOYAmt
Total Assets EOYFMV$94,205TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$26,044NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$94,205NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$26,044TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$94,205TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$26,044TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$94,205TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$26,044TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$68,161ExcessRevenueOverExpensesAmt
Subtotal$94,205SubtotalAmt
Tot Net Ast Or Fund Balances EOY$94,205TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2InvestmentIncomeExciseTaxAmt
Subtotal$2SubtotalAmt
Tax Based On Investment Income$2TaxBasedOnInvestmentIncomeAmt
Tax Due$2TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRICHARD LEAVITTIndividualWithBooksNm
Phone7028579546PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP891105221ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD LEAVITT
7081 MONTANA AVELAS VEGASNV891105221PRESIDENT000.00$0$0$0
MELODY LEAVITT
12115 W VAN BUREN ST 2712AVONDALEAZ85323SECRETARY000.00$0$0$0
R ALLEN LEAVITT
7251 W LAKE MEAD BLVD 300LAS VEGASNV89128DIRECTOR000.00$0$0$0
CAROLYN LEAVITT
7081 MONTANA AVELAS VEGASNV89110DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SCHOLARSHIPS AND OTHER EDUCATION SUPPORT FOR FAMILY MEMBER OF HANDICAPPED PERSONSDescription1Txt
Expenses1$49,718Expenses1Amt
Description2OPERATION AND MAINTENANCE OF RESPITE HOUSE FOR FAMILY AND CAREGIVERS OF HANDICAPPED PERSONSDescription2Txt
Expenses2$29,699Expenses2Amt
Description3ASSISTANCE FOR HANDICAPPED PERSONSDescription3Txt
Expenses3$12,919Expenses3Amt
Description4ASSISTANCE FOR FAMILY MEMBERS OF HANDICAPPED PERSONS.Description4Txt
Expenses4$5,155Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,907AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$30,907TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$30,907AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$464CashDeemedCharitableAmt
Net Vl Noncharitable Assets$30,443NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,522MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,522MinimumInvestmentReturnAmt
Tax Based On Investment Income$2TaxBasedOnInvestmentIncomeAmt
Total Tax$2TotalTaxAmt
Distributable Before Adj$1,520DistributableBeforeAdjAmt
Distributable Before Ded$1,520DistributableBeforeDedAmt
Distributable As Adjusted$1,520DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$113,392ExpensesAndContributionsAmt
Qualifying Distributions$113,392QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,520DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$16,414ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$65,573ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$109,501ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$166,623ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$122,131ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$480,242TotalExcessDistributionCyovAmt
Qualifying Distributions$113,392QualifyingDistributionsAmt
Applied To Current Year$1,520AppliedToCurrentYearAmt
Remaining Distri From Corpus$111,872RemainingDistriFromCorpusAmt
Total Corpus$592,114TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$16,414ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$575,700ExcessDistriCyovToNextYrAmt
Excess From Year4$65,573ExcessFromYear4Amt
Excess From Year3$109,501ExcessFromYear3Amt
Excess From Year2$166,623ExcessFromYear2Amt
Excess From Year1$122,131ExcessFromYear1Amt
Excess From Current Year$111,872ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRICHARD LEAVITTContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRICHARD LEAVITTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7028579546RecipientPhoneNum
Recipient Email AddressRICHARD@LEAVITTLEAVITT.COMRecipientEmailAddressTxt
Form And Info And MaterialsNO PARTICULAR FORM IS REQUIRED. APPLICATIONS SHOULD INCLUDE INFORMATION ESTABLISHING QUALIFICATION, SPECIFYING NATURE AND AMOUNT OF FUNDING NEED, AND LIFE IMPROVEMENT ANTICIPATED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONE. WE GENERALLY REQUEST APPLICATIONS BE SUBMITTED PRIOR TO FUNDING NEED, BUT WILL LIBERALLY CONSISubmissionDeadlinesTxt
Restrictions On AwardsGRANTEES MUST BE HANDICAPPED PERSONS, OR IMMEDIATE FAMILY MEMBER OF HANDICAPPED PERSON, AND BE DISADVANTAGED BY THE HANDICAP.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCd
BROADWAY KIDS ACADAMY
4151 N RANCHO RD 140LAS VEGASNV89130SCHOLARSHIPS$9,499
BELLA BILLINGS
303 WEST 1600 SOUTHPAYSONUT84651SCOLARSHIP$1,000
CASA DE LOS BEDLAMITOS
RESPITE OPERATION & MAINTENANCE$29,699CARRE TERRE ENSENADABAJA CALIFORNIATIJUANAMX
FAMILIA CAMEJO
6285 MESSOSPHERE CTLAS VEGASNV89110HANDICAP ASSISTANCE$5,155
CAMP NO LIMITS
265 CENTRE ROADWALESME04280SCHOLARSHIPS$265
CARLA BARNUM
321 RONALD LNLAS VEGASNV89110HANDICAP ASSISTANCE$600
CHRISTIE GOUDY
299 LINN LNLAS VEGASNV89110SCHOLARSHIP$6,700
HANNAH VANORDEN
4835 N HORSESHOE DRENOCHUT84721SCHOLARSHIP$31,228
EVA HOAGLAND
112 CHELSEANN STLAS VEGASNV89110HANDYCAP ASSISTANCE$5,109
JEFF JONES CHARITY
4628 ELM AVENUELAS VEGASNV89110PROVIDING THANKSGIVING MEALS$2,000
JIU NI
7081 MONTANA AVELAS VEGASNV89110PROVIDING RECREATION$750
LINDSAY FERRIN
689 S 75 E 5CEDAR CITYUT84720HANDYCAP ASSISTANCE$1,156
THE CHURCH OF JESUS CHRIST OF LDS
325 HOLLYWOOD BLVDLAS VEGASNV89110RELIGIOUS CHARITY$2,272
LAS VEGAS HIGH SCHOOL
6500 E SAHARA AVELAS VEGASNV89110PUBLIC SCHOOL ORCHESTRA PROGRAM$5,000
MIKE SWAPP
182 N 200 EASTWASHINGTONUT84780HANDICAP ASSISTANCE$5,019
PENNY CRAFT
132 SIR NOBLELAS VEGASNV89110HANDICAP ASSISTANCE$650
BONNIE STROUD
6811 EL CORDOBES AVELAS VEGASNV89110HANDICAP ASSISTANCE$292
HOMELESS PROJECT
7081 MONTANA AVELAS VEGASNV89110PROVIDING MEAL CARD FOR HOMELESS$583
HEADSTONES PROJECT
7081 MONTANA AVELAS VEGASNV89110MEMORIAL MAINTENANCE$3,041
WATER AID
233 BROADWAY STE 2705NEW YORKNY10279PUBLIC CHARITY$2,084
WON NA MUSIC STUDIO
5216 REMINI COURTLAS VEGASNV89130SCHOLARSHIPS$1,290
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$113,392TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$152RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$152RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$152TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionIndPerson ContributionPersonContributionInd
RICHARD LEAVITT
17081 MONTANA AVELAS VEGASNV89110$179,987Yes (X)
BEAZER CHARITY FOUNDATION
21000 ABERNATHY ROAD SUITE 2601ATLANTAGA30328$5,000Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1100 SHARES TESLA$10,9752023-01-06
1200 SHARES TESLA$27,1692023-01-19
1300 SHARES TESLA$58,6462023-03-07
1200 SHARES NVDA$83,1972023-09-22

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$100Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$75
OFFICE EXPENSE$1,945

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
RICHARD LEAVITT
7081 MONTANA AVELAS VEGASNV89110
BEAZER CHARITY FOUNDATION
1000 ABERNATHY RD STE 2601ATLANTAGA30328

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.