TOPH FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: TOPH FOUNDATION INC (EIN 84-3880045)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202423209349102777
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
Other Expenses Schedule
Other Income Schedule2
Sales Of Inventory List

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T11:58:46-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	030367787	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	J A Goldsbury PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1795 Williston Road Suite 130	AddressLine1Txt
City	South Burlington	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05403	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	843880045	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Toph Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TOPH	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1795 Williston Road STE 130	AddressLine1Txt
City	South Burlington	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05403	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	James A Goldsbury	PersonNm
Person Title	Acting Presiden	PersonTitleTxt
Phone	8028636788	PhoneNum
Signature	2024-11-15	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	James A Goldsbury CPA	PreparerPersonNm
PTIN	P01207833	PTIN
Phone	8028636788	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	$38,159	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	$13,775	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Gross Sales Less Ret And Allwnc	$2,607	GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold	$1,768	CostOfGoodsSoldAmt
Gross Profit Rev And Expnss	$839	GrossProfitRevAndExpnssAmt
Gross Profit Adj Net Incm	$839	GrossProfitAdjNetIncmAmt
Other Income Rev And Expnss	$1,214	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$15,828	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Total Adj Net Incm	$839	TotalAdjNetIncmAmt
Printing And Pub Rev And Expnss	$267	PrintingAndPubRevAndExpnssAmt
Other Expenses Rev And Expnss	$1,620	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,887	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$13,263	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$15,150	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$678	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$839	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$37,481	CashBOYAmt
Cash EOY	$11,717	CashEOYAmt
Cash EOYFMV	$11,717	CashEOYFMVAmt
Sav And Temp Cash Invst EOY	$25,005	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$25,005	SavAndTempCashInvstEOYFMVAmt
Inventories EOY	$1,437	InventoriesEOYAmt
Inventories EOYFMV	$1,437	InventoriesEOYFMVAmt
Total Assets BOY	$37,481	TotalAssetsBOYAmt
Total Assets EOY	$38,159	TotalAssetsEOYAmt
Total Assets EOYFMV	$38,159	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$37,481	RetainedEarningBOYAmt
Retained Earning EOY	$38,159	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$37,481	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$38,159	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$37,481	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$38,159	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$37,481	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$678	ExcessRevenueOverExpensesAmt
Subtotal	$38,159	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$38,159	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt

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
Org Report Or Register State	VT	OrgReportOrRegisterStateCd
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
Individual With Books	Joseph A Goldsbury	IndividualWithBooksNm
Phone	8028636788	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1795 Williston Road Suite 130	AddressLine1Txt
City	South Burlington	CityNm
State Abbreviation	VT	StateAbbreviationCd
ZIP	05403	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
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
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 (8 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
Erica Antell
124 Legdewood Circle Apt 102	Burlington	VT	05401	Chairperson	1.00	$0	$0	$0
James A Goldsbury
578 Sunderland Woods Road	Colchester	VT	05446	Acting Pres	3.00	$0	$0	$0
Janice W Goldsbury
578 Sunderland Woods	Colchester	VT	05446	Director	1.00	$0	$0	$0
Daniel W Goldsbury
134 Vincent Road	Dedham	MA	02026	Director	2.00	$0	$0	$0
Joseph A Goldsbury
1795 Williston Road Suite 130	South Burlington	VT	05403	Director	3.00	$0	$0	$0
Mark S Antell
305 Marble Island Road	Colchester	VT	05446	Director	1.00	$0	$0	$0
Susan P Scott
1795 Williston Road	South Burlington	VT	05403	Director	1.00	$0	$0	$0
Nicholas Antell
402 Valley View Road	Waterbury Center	VT	05677	Director	1.00	$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

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$37,000	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$37,000	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$37,000	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$555	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$36,445	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,822	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,822	MinimumInvestmentReturnAmt
Distributable Before Adj	$1,822	DistributableBeforeAdjAmt
Distributable Before Ded	$1,822	DistributableBeforeDedAmt
Distributable As Adjusted	$1,822	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt
Set Aside Cash Distri Test	$13,263	SetAsideCashDistriTestAmt
Qualifying Distributions	$13,263	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,822	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$2,594	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$3,113	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,922	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$8,629	TotalExcessDistributionCyovAmt
Qualifying Distributions	$13,263	QualifyingDistributionsAmt
Applied To Current Year	$1,822	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$11,441	RemainingDistriFromCorpusAmt
Total Corpus	$20,070	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$20,070	ExcessDistriCyovToNextYrAmt
Excess From Year3	$2,594	ExcessFromYear3Amt
Excess From Year2	$3,113	ExcessFromYear2Amt
Excess From Year1	$2,922	ExcessFromYear1Amt
Excess From Current Year	$11,441	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Colchester School District
Laker Lane	Colchester	VT	05446	I	Scholarship awards to Soccer program recipients	$3,000
Leukemia Lymphoma Society
3 International Drive	Port Chester	NY	10573	PC	Cancer research for Lymphoma	$2,000
The Jimmy Fund Dana-Farber
10 Brookline Place West	Brookline	MA	02445	PC	Dana-Farber cancer research	$2,000
Vermont Food Bank
33 Parker Road	Barre	VT	05641	PC	Support of local food shelf needs	$2,000
Camp Ta-Kum-Ta
77 Sunset View Road	South Hero	VT	05486	PC	Support mission of Camp for children with cancer	$2,000
Interval Center Inc
180 Intervale Road	Burlington	VT	05401	PC	Support of local community food systems	$1,000
Barre Universalist Church
19 Church St	Barre	VT	05641	PC	Response to July 2023 Vermont floods	$763
VT Foundation of Recovery
78 Pearl St	Essex Junction	VT	05453	PC	Substance abuse recovery and integration	$400
Flyin Ryan Hawks Foundation
50 Lakeside Ave Box 99	Burlington	VT	05401	PC	Support of mission to promote Core Values in lfe	$100

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$13,263	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	Foundation functions exp	Desc
Revenue And Expenses Per Books	$1,620	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Chris Goldsbury Golf Classic	Desc
Revenue And Expenses Per Books	$1,214	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Sales Of Inventory List SalesOfInventoryList

Inventory Sale InventorySaleGrp

Field	Value	IRS element (for citing)
Category	MERCHANDISE	CategoryTxt
Gross Sales	$2,607	GrossSalesAmt
Cost Of Goods Sold	$1,768	CostOfGoodsSoldAmt
Net	$839	NetAmt

TOPH FOUNDATION INC: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Sales Of Inventory List SalesOfInventoryList

Inventory Sale InventorySaleGrp

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