LAZARIAN FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LAZARIAN FOUNDATION INC (EIN 95-4740552)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202443169349101429
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-11T09:00:54-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953654092PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Beeson Hoffman & Siddall IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 North Central Ave Suite 325AddressLine1Txt
CityGlendaleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91203ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954740552EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lazarian Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAZABusinessNameControlTxt
Phone6267443221PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12668 E Foothill BlvdAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91107ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTANLEY R LAZARIANPersonNm
Person TitleCFO / DIRECTORPersonTitleTxt
Signature2024-11-08SignatureDt
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 PersonGordon P Hoffman CPAPreparerPersonNm
PTINP00161674PTIN
Phone8182408322PhoneNum
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$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$265,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$47InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$47InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$47InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$27,365DividendsRevAndExpnssAmt
Dividends Net Invst Incm$27,365DividendsNetInvstIncmAmt
Dividends Adj Net Incm$27,365DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$17,138NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$150,818GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$17,138CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$309,550TotalRevAndExpnssAmt
Total Net Invst Incm$44,550TotalNetInvstIncmAmt
Total Adj Net Incm$27,412TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,850AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$8,067OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$1,029TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$10,946TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$156,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$156,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$167,446TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$156,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$142,104ExcessRevenueOverExpensesAmt
Net Investment Income$44,550NetInvestmentIncomeAmt
Adjusted Net Income$27,412AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$10,093SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,068SavAndTempCashInvstEOYAmt
Other Investments BOY$858,105OtherInvestmentsBOYAmt
Other Investments EOY$1,064,580OtherInvestmentsEOYAmt
Total Assets BOY$868,198TotalAssetsBOYAmt
Total Assets EOY$1,085,648TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$868,198NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,085,648NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$868,198TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,085,648TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$868,198TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,085,648TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$868,198TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$142,104ExcessRevenueOverExpensesAmt
Other Increases$75,346OtherIncreasesAmt
Subtotal$1,085,648SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,085,648TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyVARIOUS INVESTMENTSPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2021-01-01AcquiredDt
Sold2023-12-31SoldDt
Gross Sales Price$150,818GrossSalesPriceAmt
Cost Or Other Basis$133,680CostOrOtherBasisAmt
Gain Or Loss$17,138GainOrLossAmt
Gains Minus Excess Or Losses$17,138GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$17,138CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$619InvestmentIncomeExciseTaxAmt
Subtotal$619SubtotalAmt
Tax Based On Investment Income$619TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$800EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$800TotalPaymentsAndCreditsAmt
Overpayment$181OverpaymentAmt
Applied To ES Tax$181AppliedToESTaxAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1The FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6267443221PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12650 E Foothill BlvdAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91107ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
STAN LAZARIAN
2668 E FOOTHILL BLVD SUITE 200PASADENACA91107CEO / DIRECTOR10.00$0
STEPHEN H LAZARIAN JR
2650 E FOOTHILL BLVD SUITE 200PASADENACA91107VP / DIRECTOR2.00$0
DARLENE LAZARIAN WARD
2650 E FOOTHILL BLVD SUITE 200PASADENACA91107SECRETARY / DIR2.00$0
KRISTEN LAZARIAN
2650 E FOOTHILL BLVD SUITE 200PASADENACA91107CFO / DIRECTOR2.00$0
SEAN LAZARIAN
2668 E FOOTHILL BLVD SUITE 200PASADENACA91107Director1.00$0
JEREMY ROSE
2650 E FOOTHILL BLVD SUITE 200PASADENACA91107Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$619TaxBasedOnInvestmentIncomeAmt
Total Tax$619TotalTaxAmt
Distributable Before Adj$619DistributableBeforeAdjAmt
Distributable Before Ded$619DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$156,500ExpensesAndContributionsAmt
Qualifying Distributions$156,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$6,896ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$8,007ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$41,760ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,806ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$62,469TotalExcessDistributionCyovAmt
Qualifying Distributions$156,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$156,500RemainingDistriFromCorpusAmt
Total Corpus$218,969TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$218,969ExcessDistriCyovToNextYrAmt
Excess From Year4$6,896ExcessFromYear4Amt
Excess From Year3$8,007ExcessFromYear3Amt
Excess From Year2$41,760ExcessFromYear2Amt
Excess From Year1$5,806ExcessFromYear1Amt
Excess From Current Year$156,500ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ARMENIAN RELIEF AND DEVELOPMENT ASS
PO BOX 5727PASADENACA91107NONEPCGENERAL SUPPORT$30,000
DOOR OF HOPE
PO BOX 90455PASADENACA91109NONEPCGENERAL SUPPORT$105,000
YOUNG LIFE
PO BOX 70065PRESCOTTAZ86304NONEPCGENERAL SUPPORT$4,000
INTERNATIONAL ACCELERATED MISSIONS
114 ROCK ROADBERNENY12023NONEPCGENERAL SUPPORT$3,500
LAZARIAN WORLD HOMES
PO BOX 968EAGLEID83616NONEPCGENERAL SUPPORT$2,000
CORNERSTONE FAITH ASSEMBLY MINISTRY
39837 SHERIDAN COURTMURRIETACA92563NONEPCGENERAL SUPPORT$2,000
CHRISTIAN LEADERSHIP INTERNATIONAL
PO BOX 250673GLENDALECA91225NONEPCGENERAL SUPPORT$2,500
DYNAMIC CHURCH PLANTING INTL
PO BOX 4119OCEANSIDECA92052NONEPCGENERAL SUPPORT$6,500
PASADENA CHRISTIAN SCHOOL
1515 N LOS ROBLES AVEPASADENACA91104NONEPCGENERAL SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$156,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$47ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$27,365ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,138RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,412ExclusionAmt
Related Or Exempt Function Incm$17,138RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$44,550TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
LAZARIAN FAMILY TRUST
11107 SOUTH FAIR OAKS AVESOUTH PASADENACA91030$200,000Yes (X)
LAZARIAN FAMILY TRUST
2253 OAKLAND RDGLENDORACA91741$40,000Yes (X)
JEFFREY DARLENE WARD
3PO BOX 1390GUALALACA95445$25,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$1,850Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (6 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmt
MUTUAL FUNDSFMV$591,697
BOND FUNDSFMV
EQUITY FUNDSFMV$259,046
EXCHANGE TRADED FUNDSFMV$87,651
OTHERFMV$8,851
CASH INVESTMENTSFMV$117,335

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$8,067Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL / STATECategoryTxt
Amt$1,029Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.