JOEL AND RACHEL BOMGAR FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JOEL AND RACHEL BOMGAR FOUNDATION (EIN 47-2367603)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202433199349102443
- 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
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T13:23:45-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 201941244 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HORNE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 661 SUNNYBROOK ROAD STE 100 | AddressLine1Txt |
| City | RIDGELAND | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39157 | 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 | 472367603 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOEL AND RACHEL BOMGAR FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOEL | BusinessNameControlTxt |
| Phone | 6015734198 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 KIOWA DRIVE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOEL BOMGAR | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 6015734198 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY WILSON SMITH CPA | PreparerPersonNm |
| PTIN | P01612501 | PTIN |
| Phone | 6013261000 | PhoneNum |
| Preparation | 2024-11-11 | 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 | $1,214,348 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $174 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $174 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $6,250 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,250 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $36,406 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $167,704 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $36,406 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $42,830 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $42,830 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,975 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,975 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,202 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,202 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,676 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,676 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,828 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,853 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,975 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $151,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $151,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $164,128 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,853 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $153,275 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$121,298 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $31,977 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $401,648 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $286,864 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $286,864 | SavAndTempCashInvstEOYFMVAmt |
| Other Assets BOY | $363,125 | OtherAssetsBOYAmt |
| Other Assets EOY | $927,484 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $927,484 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $764,773 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,214,348 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,214,348 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $764,773 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,214,348 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $764,773 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,214,348 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $764,773 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,214,348 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $764,773 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$121,298 | ExcessRevenueOverExpensesAmt |
| Other Increases | $570,873 | OtherIncreasesAmt |
| Subtotal | $1,214,348 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,214,348 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| AQR LARGE CAP MULTI-STYLE R6 (QCERX) CORPORATION | 2022-06-15 | 2023-05-24 | $6,500 | $6,874 | -$374 | -$374 | |
| AQR LARGE CAP MULTI-STYLE R6 (QCERX) CORPORATION | 2022-06-15 | 2023-09-29 | $3,990 | $3,885 | $105 | $105 | |
| DFA EMERGING MARKETS CORE EQUITY INSTL (DFCEX) CORPORATION | 2016-06-24 | 2023-05-24 | $5,000 | $3,922 | $1,078 | $1,078 | |
| DFA EMERGING MARKETS CORE EQUITY INSTL (DFCEX) CORPORATION | 2016-06-24 | 2023-12-11 | $3,490 | $2,685 | $805 | $805 | |
| DFA EMERGING MARKETS CORE EQUITY INSTL (DFCEX) CORPORATION | 2016-06-24 | 2023-04-11 | $2,000 | $1,543 | $457 | $457 | |
| DFA INTERNATIONAL CORE EQUITY INSTL (DFIEX) CORPORATION | 2016-06-24 | 2023-04-11 | $8,000 | $5,966 | $2,034 | $2,034 | |
| DFA INTERNATIONAL CORE EQUITY INSTL (DFIEX) CORPORATION | 2016-06-24 | 2023-05-24 | $5,000 | $3,791 | $1,209 | $1,209 | |
| DFA INTERNATIONAL CORE EQUITY INSTL (DFIEX) CORPORATION | 2016-06-24 | 2023-04-21 | $4,500 | $3,309 | $1,191 | $1,191 | |
| DFA INTERNATIONAL SMALL CAP VALUE INSTL (DISVX) CORPORATION | 2016-06-24 | 2002-09-29 | $5,990 | $5,368 | $622 | $622 | |
| DFA LARGE CAP INTL (DFALX) CORPORATION | 2022-06-15 | 2023-04-21 | $4,500 | $4,047 | $453 | $453 | |
| DFA LARGE CAP INTL (DFALX) CORPORATION | 2022-06-15 | 2023-12-11 | $2,990 | $2,728 | $262 | $262 | |
| DFA LARGE CAP INTL (DFALX) CORPORATION | 2022-06-15 | 2023-09-29 | $1,990 | $1,901 | $89 | $89 | |
| DFA REAL ESTATE SECURITIES INSTL (DFREX) CORPORATION | 2022-06-15 | 2023-04-21 | $3,800 | $4,196 | -$396 | -$396 | |
| DFA REAL ESTATE SECURITIES INSTL (DFREX) CORPORATION | 2022-06-15 | 2023-12-11 | $3,490 | $3,843 | -$353 | -$353 | |
| DFA US CORE EQUITY II INSTL (DFQTX) CORPORATION | 2016-06-24 | 2023-09-29 | $18,790 | $10,527 | $8,263 | $8,263 | |
| DFA US CORE EQUITY II INSTL (DFQTX) CORPORATION | 2016-06-24 | 2023-04-21 | $15,000 | $8,640 | $6,360 | $6,360 | |
| DFA US CORE EQUITY II INSTL (DFQTX) CORPORATION | 2016-06-24 | 2023-04-11 | $14,000 | $8,093 | $5,907 | $5,907 | |
| DFA US CORE EQUITY II INSTL (DFQTX) CORPORATION | 2016-06-24 | 2023-05-24 | $6,700 | $3,908 | $2,792 | $2,792 | |
| DIMENSIONAL INTERNATIONAL VALUE ETF (DFIV) CORPORATION | 2022-06-15 | 2023-04-21 | $564 | $522 | $42 | $42 | |
| DIMENSIONAL INTERNATIONAL VALUE ETF (DFIV) CORPORATION | 2016-12-05 | 2023-04-21 | $3,913 | $3,232 | $681 | $681 | |
| DIMENSIONAL INTERNATIONAL VALUE ETF (DFIV) CORPORATION | 2022-06-15 | 2023-09-29 | $1,954 | $1,844 | $110 | $110 | |
| DIMENSIONAL US SMALL CAP ETF (DFAS) CORPORATION | 2022-06-15 | 2023-05-24 | $5,900 | $5,706 | $194 | $194 | |
| DIMENSIONAL US SMALL CAP ETF (DFAS) CORPORATION | 2022-06-15 | 2023-12-11 | $4,986 | $4,378 | $608 | $608 | |
| DIMENSIONAL US SMALL CAP ETF (DFAS) CORPORATION | 2022-06-15 | 2023-09-29 | $3,148 | $2,951 | $197 | $197 | |
| DIMENSIONAL US TARGETED VALUE ETF (DFAT) CORPORATION | 2022-06-15 | 2023-05-24 | $5,601 | $5,516 | $85 | $85 | |
| DIMENSIONAL US TARGETED VALUE ETF (DFAT) CORPORATION | 2022-06-15 | 2023-12-11 | $4,992 | $4,295 | $697 | $697 | |
| DIMENSIONAL US TARGETED VALUE ETF (DFAT) CORPORATION | 2022-06-15 | 2023-09-29 | $3,973 | $3,663 | $310 | $310 | |
| VANGUARD S&P 500 (VOO) CORPORATION | 2022-06-15 | 2023-05-24 | $6,408 | $5,901 | $507 | $507 | |
| VANGUARD S&P 500 (VOO) CORPORATION | 2022-06-15 | 2023-09-29 | $3,526 | $3,124 | $402 | $402 | |
| VANGUARD SHORT-TERM INFLATION PROTECTED SECS INDEX (VTAPX) CORPORATION | 2022-06-15 | 2023-09-29 | $4,580 | $4,940 | -$360 | -$360 | |
| CAPITAL GAINS DIVIDENDS | $2,429 | $2,429 | $2,429 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $36,406 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $444 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $444 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $444 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,560 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,560 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,116 | OverpaymentAmt |
| Applied To ES Tax | $2,116 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MS | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOEL BOMGAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6015734198 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 KIOWA DRIVE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| JOEL BOMGAR | ||||||||
| 357 KIOWA DRIVE | MADISON | MS | 39110 | CHAIRMAN AND DIRECTOR | 8.00 | $0 | $0 | $0 |
| RACHEL BOMGAR | ||||||||
| 357 KIOWA DRIVE | MADISON | MS | 39110 | DIRECTOR | 8.00 | $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 |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $349,438 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $927,484 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,276,922 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,276,922 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,154 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,257,768 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $62,888 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $62,888 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $444 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $444 | TotalTaxAmt |
| Distributable Before Adj | $62,444 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $62,444 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $62,444 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $153,275 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $153,275 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $62,444 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $60,484 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $344,468 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $285,327 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $300,942 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $140,895 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,132,116 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $153,275 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $62,444 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $90,831 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,222,947 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $60,484 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,162,463 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $344,468 | ExcessFromYear4Amt |
| Excess From Year3 | $285,327 | ExcessFromYear3Amt |
| Excess From Year2 | $300,942 | ExcessFromYear2Amt |
| Excess From Year1 | $140,895 | ExcessFromYear1Amt |
| Excess From Current Year | $90,831 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOEL BOMGAR | ContributingManagerNm |
| Contributing Manager | RACHEL BOMGAR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ACTIVE IMPACT INTERNATIONAL | ||||||||
| P O BOX 465 | CLINTON | MS | 39060 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION IN ITS MISSION TO ACTIVELY IMPACT AND REACH THE WORLD FOR CHRIST. | $25,000 | |
| COMMUNITY FOUNDATION FOR MISSISSIPPI | ||||||||
| 119 SOUTH PRESIDENT STREET 1ST | JACKSON | MS | 39201 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION IN ITS MISSION TO MAKE MEANINGFUL AND LASTING CHANGE FOR MISSISSIPPI. | $7,500 | FLOOR |
| LIBERTARIAN CHRISTIAN INSTITUTE | ||||||||
| 11016 PEM ROAD | ST LOUIS | MO | 63146 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION IN ITS MISSION TO PROMOTE LIBERTARIANISM FROM A CHRISTIAN POINT OF VIEW | $5,000 | |
| MARIJUANA POLICY PROJECT FOUNDATION | ||||||||
| PO BOX 21731 | WASHINGTON | DC | 20009 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION IN ITS MISSION TO END THE PROHIBITION OF CANNABIS. | $10,000 | |
| MISSION TO THE WORLD | ||||||||
| 1600 NORTH BROWN ROAD | LAWRENCEVILLE | GA | 30043 | N/A | PC | THIS CONTRIBUTION ALLOWS MISSION TO THE WORLD TO PROVIDE FINANCIAL SUPPORT TO THE PRESBYTERIAN MISSIONARIES THAT THEY SUPPORT ABROAD. | $18,000 | |
| MISSISSIPPI FUTURE FOUNDATION | ||||||||
| 1059 PEBBLE CREEK DRIVE | OXFORD | MS | 38655 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION TO FURTHER EDUCATIONAL PURPOSES THROUGH AN INDEPENDENT AND OBJECTIVE EXPOSITION OF STATE REGULATIONS, INCLUDING NONPARTISAN ANALYSIS, STUDY AND RESEARCH. | $25,000 | |
| MISSISSIPPI HISTORY PROJECT INC | ||||||||
| PO BOX 1488 | JACKSON | MS | 39215 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION IN EDUCATING THE PUBLIC ON THE HISTORY OF THE STATE OF MISSISSIPPI. | $36,000 | |
| REDEEMER CHURCH | ||||||||
| 640 EAST NORTHSIDE DRIVE | JACKSON | MS | 39206 | N/A | PC | THE CONTRIBUTION WAS MADE TO ASSIST THE ORGANIZATION TO FURTHER THEIR MINISTRIES. | $24,800 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $151,300 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $174 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,250 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,406 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $42,830 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $42,830 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,950 | Amt |
| Net Investment Income | $1,975 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,975 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BITCOIN | Desc |
| BOY Book Value | $363,125 | BOYBookValueAmt |
| EOY Book Value | $927,484 | EOYBookValueAmt |
| EOYFMV | $927,484 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT MANAGEMENT FEES | Desc |
| Revenue And Expenses Per Books | $3,676 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,676 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $570,873 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $5,202 | Amt |
| Net Investment Income | $5,202 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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