PATH SHALA INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PATH SHALA INC (EIN 59-3673374)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202413169349100731
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)
Return2024-11-11T09:55:25-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592482214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRSCPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 66TH ST NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337105501ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593673374EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATH SHALA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPATHBusinessNameControlTxt
Phone8137863286PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNILESH G PATELPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137863286PhoneNum
Signature2024-10-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2024-10-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$875,000FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$12,000DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,000DividendsNetInvstIncmAmt
Dividends Adj Net Incm$12,000DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss$37,480GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$37,480GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$37,480GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$15,166NetRentalIncomeOrLossAmt
Total Rev And Expnss$49,480TotalRevAndExpnssAmt
Total Net Invst Incm$49,480TotalNetInvstIncmAmt
Total Adj Net Incm$49,480TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,700AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,700AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,700AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$585TaxesRevAndExpnssAmt
Taxes Net Invst Incm$585TaxesNetInvstIncmAmt
Taxes Adj Net Incm$585TaxesAdjNetIncmAmt
Occupancy Rev And Expnss$22,904OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$20,614OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$20,614OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$2,290OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$376OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$376OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$376OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$25,565TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,275TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$23,275TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,290TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,747ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,747ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$33,312TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,275TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$23,275TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$10,037TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$16,168ExcessRevenueOverExpensesAmt
Net Investment Income$26,205NetInvestmentIncomeAmt
Adjusted Net Income$26,205AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$121,475CashBOYAmt
Cash EOY$137,600CashEOYAmt
Cash EOYFMV$137,600CashEOYFMVAmt
Other Investments BOY$200,000OtherInvestmentsBOYAmt
Other Investments EOY$200,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$200,000OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$264,839LandBldgEquipCostOrOtherBssAmt
Land BOY$264,839LandBOYAmt
Land EOY$264,839LandEOYAmt
Land EOYFMV$536,300LandEOYFMVAmt
Other Assets BOY$1,228OtherAssetsBOYAmt
Other Assets EOY$1,100OtherAssetsEOYAmt
Other Assets EOYFMV$1,100OtherAssetsEOYFMVAmt
Total Assets BOY$587,542TotalAssetsBOYAmt
Total Assets EOY$603,539TotalAssetsEOYAmt
Total Assets EOYFMV$875,000TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,511AccountsPayableBOYAmt
Accounts Payable EOY$1,340AccountsPayableEOYAmt
Total Liabilities BOY$1,511TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,340TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$586,031NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$602,199NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$586,031TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$602,199TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$587,542TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$603,539TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$586,031TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$16,168ExcessRevenueOverExpensesAmt
Subtotal$602,199SubtotalAmt
Tot Net Ast Or Fund Balances EOY$602,199TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$364InvestmentIncomeExciseTaxAmt
Subtotal$364SubtotalAmt
Tax Based On Investment Income$364TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$378EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$378TotalPaymentsAndCreditsAmt
Overpayment$14OverpaymentAmt
Applied To ES Tax$14AppliedToESTaxAmt

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
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksNILESH PATELIndividualWithBooksNm
Phone8137863286PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd
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
NILESH G PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
GHANSYAM L PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
RASHMI GANATRA
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
YOGESHKUMAR PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$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)
Description1WEEKLY OR MORE FREQUENT LANGUAGE CLASSES AND STUDY GROUPS TO CONTINUE TO PROMOTE THE NATIVE CENTRAL ASIA/INDIA CULTURE. MEETINGS GENERALLY HAVE 50-75 ADULT AND/OR YOUTH ATTENDEES. ADDITIONALLY, SPECIAL EVENTS ARE HELD AND PROMOTED SUCH AS GEETA SPEECH COMPETITIONS AND STREET PLAYS ON THE TIMES OF JANMASTAMI.Description1Txt
Expenses1$2,290Expenses1Amt

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$131,159AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$536,300FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$667,459TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$667,459AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,012CashDeemedCharitableAmt
Net Vl Noncharitable Assets$657,447NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,872MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,037ExpensesAndContributionsAmt
Qualifying Distributions$10,037QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$10,037QualifyingDistributionsAmt
Remaining Distri From Corpus$10,037RemainingDistriFromCorpusAmt
Total Corpus$10,037TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$26,205CurrentYearAmt
Year1$27,177Year1Amt
Year3$27,846Year3Amt
Total$81,228TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$22,274CurrentYearAmt
Year1$23,100Year1Amt
Year3$23,669Year3Amt
Total$69,043TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$10,037CurrentYearAmt
Year1$16,995Year1Amt
Year2$26,000Year2Amt
Year3$32,000Year3Amt
Total$85,032TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$10,037CurrentYearAmt
Year1$16,995Year1Amt
Year2$26,000Year2Amt
Year3$32,000Year3Amt
Total$85,032TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$21,915CurrentYearAmt
Year1$21,289Year1Amt
Year2$21,923Year2Amt
Year3$22,564Year3Amt
Total$87,691TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PATHSHALA CHARITABLE TRUSTBusinessNameLine1Txt

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1AT PO VANADARAAddressLine1Txt
CityGUJARAT INDIACityNm
Province Or StateGUJARATProvinceOrStateNm
CountryINCountryCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeEDUCATIONGrantOrContributionPurposeTxt
Amt$7,747Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,747TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,000ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$15,166ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,166ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,166TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Category1323 PROPERTYCategoryTxt
Amt$1,700Amt
Net Investment Income$1,700NetInvestmentIncomeAmt
Adjusted Net Income$1,700AdjustedNetIncomeAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLOAN K&P PARTNERS L.P.CategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$200,000BookValueAmt
EOYFMV$200,000EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$262,135$262,135$536,300
EQUIPMENT$2,704$2,704

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSECURITY DEPOSITDesc
BOY Book Value$1,228BOYBookValueAmt
EOY Book Value$1,100EOYBookValueAmt
EOYFMV$1,100EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OFFICE EXPENSE$249$249$249
$127$127$127

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
IRS PAYMENTS$369$369$369
LICENSES AND PERMITS$216$216$216

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