AK FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- AK FOUNDATION INC (EIN 83-1146676)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349100040
- 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
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T08:46:06-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 455408593 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCOUNTANTS RESOURCE LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3372 PEACHTREE ROAD NE STE 115 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | 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 | 831146676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AKFO | BusinessNameControlTxt |
| Phone | 4042744413 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 S ALHAMBRA CIRCLE | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAVITHA PALANI | PersonNm |
| Person Title | PRESIDENT/DIRECTOR | PersonTitleTxt |
| Phone | 4042744413 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | ROBERT L WHITEHURST | PreparerPersonNm |
| PTIN | P01383986 | PTIN |
| Phone | 8882723683 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $993,114 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $40,329 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $29,621 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $29,621 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $424 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $424 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $39,155 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $54,669 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $46,606 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $48,760 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $156,135 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $78,805 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $20,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,395 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $212,117 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $233,512 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $233,512 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $0 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$77,377 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $78,805 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $133,982 | CashBOYAmt |
| Cash EOY | $71,694 | CashEOYAmt |
| Cash EOYFMV | $71,694 | CashEOYFMVAmt |
| Other Investments BOY | $704,553 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $887,452 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $887,452 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $33,968 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $33,968 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $838,535 | TotalAssetsBOYAmt |
| Total Assets EOY | $993,114 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $993,114 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $231,962 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $231,962 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $838,535 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $761,152 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $838,535 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $761,152 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $838,535 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $993,114 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $838,535 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$77,377 | ExcessRevenueOverExpensesAmt |
| Subtotal | $761,158 | SubtotalAmt |
| Other Decreases | $6 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $761,152 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,095 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,095 | SubtotalAmt |
| Tax Based On Investment Income | $1,095 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $700 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $700 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $13 | EsPenaltyAmt |
| Tax Due | $408 | TaxDueAmt |
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 |
| 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 | KAVITHA PALANI | IndividualWithBooksNm |
| Phone | 4042744413 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 BISCAYNE BLVD STE 2401 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33132 | 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 |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | ||||||||
| 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | TREASURER/DI | 1.00 | $0 | $0 | $0 |
| KAVITHA PALANI | ||||||||
| 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | PRESIDENT/DI | 1.00 | $20,000 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SUPPORT OF THE GOANNA FOUNDATION FOR GOVERNANCE OF THE PROJECT WHICH INCLUDES, BUT NOT LIMITED TO, THE GROWING COLLECTION OF GOANNA-INSPIRED NFTS LAUNCHED ON THE ALGORAND BLOCKCHAIN. | Description1Txt |
| Expenses1 | $205,728 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | 11-11 LEAP CREDIT | Description1Txt |
| Expenses1 | $8,466 | Expenses1Amt |
| Total | $8,466 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $671,004 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $102,837 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $141,984 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $915,825 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $915,825 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,737 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $902,088 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $45,104 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $45,104 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,095 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,095 | TotalTaxAmt |
| Distributable Before Adj | $44,009 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $44,009 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $44,009 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $0 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $8,466 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $8,466 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $44,009 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $251,365 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $252,527 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $25,189 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $529,081 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $8,466 | QualifyingDistributionsAmt |
| Applied To Current Year | $8,466 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $35,543 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $35,543 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $493,538 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $215,822 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $277,716 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $252,527 | ExcessFromYear4Amt |
| Excess From Year1 | $25,189 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,621 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $424 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,760 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $39,155 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 11-11 LEAP CREDIT | Desc |
| Business | 900003 | BusinessCd |
| Unrelated Business Taxbl Incm | -$2,154 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,154 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $78,805 | ExclusionAmt |
| Related Or Exempt Function Incm | $39,155 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $115,806 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ELEVEN ELEVEN ALGO CI LTD | |||||||
| 1 | 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | $17,607 | Yes (X) | Yes (X) |
| BORDERLESS MANAGEMENT LLC | |||||||
| 2 | 3333 PIEDMONT RD NE | ATLANTA | GA | 30305 | $14,110 | Yes (X) | |
| KAVITHA PALANI | |||||||
| 3 | 1000 BISCAYN BLVD STE 2401 | MIAMI | FL | 33132 | $5,270 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | ALGOS | $3,214 | 2023-04-18 |
| 1 | USDT | $4,996 | 2023-11-16 |
| 2 | ALGO | $14,110 | 2023-04-01 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | SALE OF TOKENS | AssetDesc |
| How Acquired | PURCHASE | HowAcquiredTxt |
| Gross Sales Price | $54,669 | GrossSalesPriceAmt |
| Basis | $15,514 | BasisAmt |
| Total Net | $39,155 | TotalNetAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (32 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 11-11 LEAP CREDIT | AT COST | $125,000 | $125,000 |
| TDA CRYPTO | AT COST | $360,941 | $360,941 |
| SILVERGATE MKT ACCOUNT | AT COST | ||
| COPPER DEFAULT TRADE | AT COST | $3,894 | $3,894 |
| COPPER AK FOUNDATION VAULT | AT COST | $376 | $376 |
| WALLET 2XBL | AT COST | ||
| WALLET WI4N | AT COST | ||
| LP DEPOSITS | AT COST | ||
| COLLATERALS GIVEN | AT COST | ||
| STAKED TOKENS | AT COST | $55,961 | $55,961 |
| COINBASE | AT COST | ||
| ALGODEX | AT COST | ||
| WALLET 4OPUA | AT COST | ||
| NFTS:4OPU & W4FA | AT COST | ||
| LOAN GIVEN TO IGC VENTURES LLC | AT COST | $50,000 | $50,000 |
| KAVI SIGN RAKEY ALGO | AT COST | $6 | $6 |
| AK FOUNDATION LEDGER 1 ETH | AT COST | $714 | $714 |
| AK FOUNDATION LEDGER LEDGER 1 USDT | AT COST | $4,896 | $4,896 |
| CIRCLE USD | AT COST | $9 | $9 |
| AKF EXCLUSIVE LEDGER ALGO ALGO | AT COST | $4,805 | $4,805 |
| AKF EXCLUSIVE LEDGER ALGO USDC | AT COST | $4,500 | $4,500 |
| AKF EXCLUSIVE LEDGER ETH ETH | AT COST | $579 | $579 |
| AKF EXCLUSIVE LEDGER ETH USDC | AT COST | $4,038 | $4,038 |
| INSTITUIONAL COINBASE BTC | AT COST | $14 | $14 |
| INSTITUIONAL COINBASE USDC | AT COST | $3 | $3 |
| INSTITUIONAL COINBASE USD | AT COST | $10,250 | $10,250 |
| GILBERT INVESTMENT WALLET 3 LP_P_ALG | AT COST | $45,315 | $45,315 |
| AKF EXCLUSIVE LEDGER BTC | AT COST | $56,981 | $56,981 |
| AKF EXCLUSIVE LEDGER SOL | AT COST | $28,976 | $28,976 |
| HNT WALLET 1 HNT | AT COST | $10,000 | $10,000 |
| BC LOAN WALLET ALGO | AT COST | $58,037 | $58,037 |
| BC LOAN WALLET GALGO | AT COST | $62,157 | $62,157 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLES | Desc |
| EOY Book Value | $33,968 | EOYBookValueAmt |
| EOYFMV | $33,968 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER DESCREASES | Desc |
| Amt | $6 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| BANK CHARGES | $584 |
| DUES & SUBSCRIPTIONS | $986 |
| MARKETING | $791 |
| NFT COLLECTION SERVICES | $3,899 |
| OFFICE SUPPLIES | $129 |
| NFT SUPPORT | $205,728 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $48,760 | $48,760 |
| 11-11 LEAP CREDIT | -$2,154 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| PAYABLES | $107,642 |
| LOANS | $124,320 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX DUE | CategoryTxt |
| Amt | $1,395 | Amt |
Comments