THE INSTITUTE FOR FINANCIAL MARKETS: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE INSTITUTE FOR FINANCIAL MARKETS (EIN 52-1634508)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202413189349100706
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T05:43:03-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 521634508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE FOR FINANCIAL MARKETS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % R GUY SHEETZ | InCareOfNm |
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 2022231528 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 K Street NW Suite 725 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA FOSHEE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2022231528 | PhoneNum |
| Signature | 2024-11-13 | 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 | Marc Berger | PreparerPersonNm |
| PTIN | P01871563 | PTIN |
| Phone | 7038930600 | PhoneNum |
| 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 | $4,944,781 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $119,428 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $119,428 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$55,268 | NetGainSaleAstRevAndExpnssAmt |
| Other Income Rev And Expnss | $361,510 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $425,670 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $119,428 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $286,149 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $286,149 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $237,746 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $85,948 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $24,300 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,650 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,650 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,469 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $14,469 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $264,113 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $30,069 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,977 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $20,113 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $41,676 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $20,838 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $20,838 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $19,129 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $19,129 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $119,711 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,592 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $73,695 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,118,681 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $69,499 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $443,230 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,118,681 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $69,499 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $443,230 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$693,011 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $49,929 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $206,840 | CashBOYAmt |
| Cash EOY | $93,153 | CashEOYAmt |
| Cash EOYFMV | $93,153 | CashEOYFMVAmt |
| Acct Rcvbl | $59,086 | AcctRcvblAmt |
| Acct Rcvbl BOY | $21,981 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $59,086 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $59,086 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $10,910 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $37,544 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $37,544 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $4,819,769 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,732,827 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,732,827 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $151,394 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $129,223 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $39,997 | LandBOYAmt |
| Land EOY | $22,171 | LandEOYAmt |
| Land EOYFMV | $22,171 | LandEOYFMVAmt |
| Total Assets BOY | $5,099,497 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,944,781 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,944,781 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $187,088 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $181,847 | AccountsPayableEOYAmt |
| Deferred Revenue EOY | $31,014 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $2,283 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $36,593 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $189,371 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $249,454 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $4,910,126 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,695,327 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,910,126 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,695,327 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,099,497 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,944,781 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,910,126 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$693,011 | ExcessRevenueOverExpensesAmt |
| Other Increases | $478,212 | OtherIncreasesAmt |
| Subtotal | $4,695,327 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,695,327 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $694 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $694 | SubtotalAmt |
| Tax Based On Investment Income | $694 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $306 | OverpaymentAmt |
| Applied To ES Tax | $306 | 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 |
| Form990 PF Filed With Atty Gen | false | 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 | WWW.THEIFM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R GUY SHEETZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022231528 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 K STREET NW SUITE 725 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|
| Patricia Foshee | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | President | 32.5 | $286,149 | $24,300 | $0 |
| Walter Lukken | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Trustee | 0.5 | $0 | $0 | $0 |
| Michael C Dawley | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Chairman | 0.5 | $0 | $0 | $0 |
| Gary A DeWaal | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Vice Chairman | 0.5 | $0 | $0 | $0 |
| Daniel Driscoll | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Secretary/Treasurer | 0.5 | $0 | $0 | $0 |
| Peter Borish | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| John M Damgard | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Arhtur W Hahn | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Eric Aldous | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Mary Ann Burns | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Alicia Crighton | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Karen K Wuertz | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Member of Board of Trustees | 0.5 | $0 | $0 | $0 |
| Myrtle Allen | ||||||||
| 2001 K Street NW Suite 725 | WASHINGTON | DC | 20006 | Administrative Manager | 32.5 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,776,298 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $149,997 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,926,295 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,926,295 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $73,894 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,852,401 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $242,620 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $242,620 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $694 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $694 | TotalTaxAmt |
| Distributable Before Adj | $241,926 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $241,926 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $241,926 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $443,230 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $443,230 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $241,926 | DistributableAsAdjustedAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $146,944 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $146,944 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $443,230 | QualifyingDistributionsAmt |
| Applied To Current Year | $241,926 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $201,304 | RemainingDistriFromCorpusAmt |
| Total Corpus | $348,248 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $348,248 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $146,944 | ExcessFromYear1Amt |
| Excess From Current Year | $201,304 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRODUCTS & CLASSES | Desc |
| Business | 900099 | BusinessCd |
| Related Or Exempt Function Incm | $271,821 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp | |
| Dividends And Interest From Sec Dtl | DividendsAndInterestFromSecDtl | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $119,428 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$55,268 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|
| MISCELLANEOUS INCOME | 900099 | $757 |
| OTHER INCOME | 900099 | $88,932 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $64,160 | ExclusionAmt |
| Related Or Exempt Function Incm | $361,510 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $425,670 | 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 | Yes (true) | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | Yes (true) | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (2 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| FUTURES INDUSTRY | ||
| 1b(3) | $41,676 | SHARING OF FACILITIES, EQUIP. |
| FUTURES INDUSTRY | ||
| 1b(4) | $160,404 | SHARING OF PAID EMPLOYEES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $14,469 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $14,469 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS | StockNm |
| EOY Book Value | $4,732,827 | EOYBookValueAmt |
| EOYFMV | $4,732,827 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,650 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,650 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INFORMATION TECHNOLOGY | $63,743 | $0 | $0 | $63,743 |
| OFFICE EXPENSE | $14,768 | $0 | $0 | $0 |
| ADVERTISING | $10,072 | $0 | $0 | $0 |
| CONFERENCES | $9,952 | $0 | $0 | $9,952 |
| TRUSTEE & CUSTODIAL FEES | $8,145 | $8,145 | $0 | $0 |
| BANK SERVICE CHARGES | $5,853 | $5,853 | $0 | $0 |
| CREDIT CARD SERVICE CHARGES | $4,594 | $4,594 | $0 | $0 |
| INSURANCE | $2,090 | $0 | $0 | $0 |
| OTHER | $494 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Products and Classes | $271,821 |
| Other Income | $88,932 |
| MISCELLANEOUS INCOME | $757 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $478,212 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IFM DUE TO FIA | Desc |
| BOY Book Value | $2,283 | BOYBookValueAmt |
| EOY Book Value | $36,593 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $234,044 | $0 | $0 | $0 |
| INVESTMENT FEES | $30,069 | $30,069 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $24,977 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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