PRIME FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRIME FOUNDATION INC (EIN 81-4380271)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202443189349104354
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T22:29:12+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive Suite 2600 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | 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 | 814380271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Prime Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRIM | BusinessNameControlTxt |
| Phone | 5742749502 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 SR 4 | AddressLine1Txt |
| City | Lakeville | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Majorie D Skaggs | PersonNm |
| Person Title | President/Treasurer | PersonTitleTxt |
| Phone | 5742749502 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jennifer Burke | PreparerPersonNm |
| PTIN | P01342224 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Preparation | 2024-11-14 | 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 | $24,689,081 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $688,379 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $688,379 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $563,041 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,842,903 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $563,041 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,251,420 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,251,420 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $4,655 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,164 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,993 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,248 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $49,158 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,147 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $148,539 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $143,006 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $215,345 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $149,565 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,562,025 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,562,025 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,777,370 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $149,565 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,562,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$525,950 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,101,855 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,598,537 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $415,456 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $415,456 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,520,372 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,161,971 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,621,205 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,788,366 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,788,648 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,652,420 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,907,275 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,366,075 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,689,081 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $18,907,275 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,366,075 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,907,275 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,366,075 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,907,275 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,366,075 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,907,275 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$525,950 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $18,381,325 | SubtotalAmt |
| Other Decreases | $15,250 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,366,075 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| Gross Sales Price | $4,842,903 | GrossSalesPriceAmt |
| Cost Or Other Basis | $4,279,862 | CostOrOtherBasisAmt |
| Gain Or Loss | $563,041 | GainOrLossAmt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $563,041 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $563,041 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,316 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,316 | SubtotalAmt |
| Tax Based On Investment Income | $15,316 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $25,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $9,684 | OverpaymentAmt |
| Applied To ES Tax | $9,684 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | IN | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Marjorie D Skaggs | IndividualWithBooksNm |
| Phone | 5742749502 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 St Rd 4 | AddressLine1Txt |
| City | Lakeville | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Jennifer Merrill | ||||||||
| 21255 SR 4 | Lakeville | IN | 46536 | Secretary | 1.000 | $0 | $0 | $0 |
| Marjorie D Skaggs | ||||||||
| 21255 SR 4 | Lakeville | IN | 46536 | President/Treasurer | 1.000 | $0 | $0 | $0 |
| Scotty L Merrill | ||||||||
| 21255 SR 4 | Lakeville | IN | 46536 | Vice President | 1.000 | $0 | $0 | $0 |
| Mike Hardy | ||||||||
| 21255 SR 4 | Lakeville | IN | 46536 | Board Member | 1.000 | $0 | $0 | $0 |
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 | $22,542,807 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $705,407 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,248,214 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $23,248,214 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $348,723 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,899,491 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,144,975 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,144,975 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,316 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,316 | TotalTaxAmt |
| Distributable Before Adj | $1,129,659 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,129,659 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,129,659 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,562,025 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,562,025 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,129,659 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $57,186 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $13,429 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $70,615 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,562,025 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,129,659 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $432,366 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $502,981 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $57,186 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $445,795 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $13,429 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $432,366 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| University of Notre Dame Controllers Office | |||||||
| 724 Grace Hall | Notre Dame | IN | 46556 | None | PC | Charitable | $30,000 |
| Newton Park | |||||||
| 21255 SR 4 | Lakeville | IN | 46536 | None | POF | Charitable | $1,325,000 |
| Memorial Health Foundation Inc | |||||||
| 615 N Michigan St | South Bend | IN | 46601 | None | PC | Charitable | $30,000 |
| Real Services Inc | |||||||
| PO Box 1835 | South Bend | IN | 466341835 | None | PC | Alzheimer and Dementia Services | $1,000 |
| Junior Achievement of Northern IN Inc | |||||||
| 601 Noble Drive | Fort Wayne | IN | 46825 | None | PC | Charitable | $10,000 |
| Lakeville United Methodist Church | |||||||
| 610 N Michigan St | Lakeville | IN | 46536 | None | PC | Charitable | $11,000 |
| Nations of Coaches Inc | |||||||
| 303-D Beltline Place SW Box 231 | Decatur | AL | 35603 | None | PC | Charitable | $20,000 |
| Potawatomi Zoological Society Inc | |||||||
| PO Box 1764 | South Bend | IN | 46634 | None | PC | Charitable | $25,000 |
| St Joseph Cnty 4-H Fair Inc | |||||||
| 5117 S Ironwood | South Bend | IN | 46614 | None | PC | Charitable | $31,155 |
| Cultivate Culinary School and Catering Inc | |||||||
| 1403 Prairie Avenue | South Bend | IN | 46613 | None | PC | Charitable | $10,000 |
| JeffGordonChildrensFoundation | |||||||
| PO Box 620669 | Charlotte | NC | 28262 | None | PC | Charitable | $5,000 |
| AMERICAN BOER GOAT ASSOCIATION | |||||||
| 4258 S Jackson St | San Angelo | TX | 76903 | None | PC | Charitable | $10,000 |
| Our Brothers Place Company | |||||||
| 2526 E 38th Street | Indianapolis | IN | 46218 | None | PC | Charitable | $5,000 |
| JDRF INTERNATIONAL | |||||||
| 200 Vesey Street 28th Floor | New York | NY | 10281 | None | PC | Charitable | $5,000 |
| T J Martell Foundation | |||||||
| 2817 West End Ave Suite 126 206 | Nashville | TN | 37203 | None | PC | Charitable | $36,470 |
| LAKEVILLE MASONIC TEMPLE | |||||||
| 318 N MANGUS DRIVE | LAKEVILLE | IN | 465360247 | None | PC | Charitable | $100 |
| THE TONY STEWART FOUNDATION INC | |||||||
| 438 SOUTHPOINT CIRCLE | BROWNBURG | IN | 46112 | None | PC | Charitable | $5,000 |
| ST JOSEPH CTY 4-H BOOSTERS | |||||||
| 20995 Osborne Rd | Lakeville | IN | 46536 | None | NC | Charitable | $1,000 |
| Crosspointe Biker Church Ltd | |||||||
| 1130 E Baseline Rd | Connersville | IN | 47331 | None | PC | Charitable | $300 |
| LAKEVILLE POLICE DEPARTMENT | |||||||
| 105 S Michigan St | Lakeville | IN | 46536 | None | GOV | Charitable | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,562,025 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $688,379 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $563,041 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,251,420 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,251,420 | 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 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $12,993 | Amt |
| Net Investment Income | $3,248 | NetInvestmentIncomeAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWTON PARK INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 ST RD 4 | AddressLine1Txt |
| City | LAKEVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2023-01-01 | GrantDt |
| Grant | $1,325,000 | GrantAmt |
| Purpose Of Grant | For operating and capital needs to provide facility for youth in the community - provide facility to improve health of youth in community- sports, exercise, play, etc. | PurposeOfGrantTxt |
| Expended By Grantee | $1,325,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | No | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 01/01/2023 | DatesOfReportsByGranteeTxt |
| Verification | 2023-01-01 | VerificationDt |
| Results Of Verification | VERIFIED | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Affiliated Managers Group Inc Jr | $126,662 | $113,010 |
| American Financial Group | $154,569 | $146,744 |
| American FINL Group Inc | $31,018 | $27,213 |
| Bank of America Corp Dep | $166,975 | $156,788 |
| Bank of America Dep Shs | $26,970 | $23,010 |
| Blackrock Short Maturity Bond | $2,598,858 | $2,620,030 |
| Brighthouse Financial | $37,440 | $32,625 |
| Coffeyville KS | $200,000 | $196,062 |
| Duke Energy Company | $167,409 | $152,744 |
| Invesco | $243,389 | $215,872 |
| Ishares | $366,186 | $365,986 |
| JPMorgan Chase & Co | $143,552 | $137,331 |
| Keycorp New Dep SHS | $117,887 | $87,196 |
| Morgan Stanley DEP SHS | $203,339 | $177,211 |
| SPDR Bloomberg | $177,791 | $177,388 |
| US Bancorp DEP SHS | $26,603 | $23,210 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (79 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Abbvie Inc | $137,536 | $309,475 |
| Accenture PLC Ireland Class A New | $274,992 | $723,226 |
| Aflac Inc | $180,243 | $258,720 |
| Air Products & Chemicals | $313,536 | $304,739 |
| Allstate Corp | $302,516 | $305,716 |
| Alphabet Inc | $307,628 | $406,777 |
| Amgen Inc | $84,310 | $122,409 |
| Apple Inc | $46,396 | $319,022 |
| Arthur J Gallagher & Company | $208,800 | $326,076 |
| AT & T Inc | $0 | $0 |
| Automatic Data Processing | $63,329 | $150,033 |
| Blackrock Inc | $254,102 | $384,793 |
| Bristol Myers Squibb | $228,607 | $171,632 |
| Broadcom | $280,463 | $707,703 |
| Charles River Lab International | $157,711 | $146,568 |
| Chevron Corp | $237,280 | $317,114 |
| Chubb Ltd | $98,401 | $164,528 |
| Cisco Systems Inc | $252,536 | $302,110 |
| CME Group Inc CL A | $360,301 | $394,454 |
| Coca-Cola Company | $126,724 | $147,325 |
| Colgate-Palmolive Co | $0 | $0 |
| Consolidated Edison Inc | $137,160 | $162,018 |
| Costco Wholesale Corp | $192,773 | $295,716 |
| Crown Castle Intl Corp | $0 | $0 |
| Cummins Inc | $147,822 | $238,851 |
| CVS Health Corp | $107,579 | $122,783 |
| Danaher Corp | $88,621 | $290,332 |
| Darden Restaurants Inc | $312,234 | $332,708 |
| Dover Corp Common | $150,005 | $350,687 |
| Eaton Corp PLC | $32,141 | $123,541 |
| Elevance Health Inc | $279,447 | $281,050 |
| EOG Resources Inc | $104,161 | $182,635 |
| Exxon Mobil Corp | $164,603 | $252,350 |
| Fiserv Inc | $182,571 | $393,871 |
| Garmin LTD | $160,925 | $189,468 |
| General Dynamics Corp | $155,198 | $197,090 |
| Hartford Financial | $146,015 | $168,798 |
| Hexcel Corp New | $145,736 | $182,163 |
| Home Depot Inc | $324,036 | $657,752 |
| Honeywell International Inc | $194,469 | $357,556 |
| Houlihan Lokey Inc | $94,407 | $191,856 |
| Illinois Tool Works Inc | $94,787 | $172,880 |
| Intel Corp | $0 | $0 |
| Intercontinental Exchange Inc | $287,315 | $385,290 |
| International Business Machine Corp | $91,696 | $89,135 |
| Johnson & Johnson | $216,894 | $272,414 |
| JP Morgan chase & Co | $251,742 | $432,905 |
| Kimberly clark Corp | $162,680 | $218,652 |
| Kinder Morgan Inc DE | $122,935 | $157,878 |
| Lockheed Martin Corp | $172,732 | $213,929 |
| Medtronic PLC | $144,917 | $156,192 |
| Merck & Company Inc New | $157,422 | $226,326 |
| Microsoft Corp | $135,175 | $822,399 |
| Morgan Stanley | $263,668 | $331,504 |
| Motorola Solutions Inc | $184,663 | $335,006 |
| Nextera Energy Inc | $104,875 | $171,894 |
| Northrop Grumman Corp | $117,657 | $162,913 |
| Novartis AG | $160,663 | $262,522 |
| Paychex Inc | $165,061 | $299,919 |
| Pepsico Incorporated | $365,868 | $473,004 |
| Pfizer Incorporated | $98,448 | $90,257 |
| Price T Rowe Group Inc | $279,078 | $205,473 |
| Progressive Corp OH | $211,502 | $350,416 |
| Procter & Gamble Co | $0 | $0 |
| Raytheon Technologies Corp | $0 | $0 |
| Royal Bank Canada Montreal | $0 | $0 |
| RTX Corp | $234,721 | $252,168 |
| Southern Company | $117,081 | $161,416 |
| Starbucks Corp | $157,820 | $145,935 |
| Stryker Corp | $182,207 | $360,849 |
| Texas Instruments Inc | $315,305 | $396,830 |
| United Parcel Service | $349,740 | $299,994 |
| Union Pacific Corp | $260,213 | $288,849 |
| United Health Group | $174,052 | $181,105 |
| Valero Energy Corp | $139,752 | $222,689 |
| Verizon Communications Inc | $0 | $0 |
| Watsco Inc | $148,639 | $217,662 |
| WEC Energy Group Inc | $129,403 | $164,131 |
| Williams Cos Inc Del | $127,946 | $165,024 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $4,655 | LegalFeesAmt |
| Net Investment Income | $1,164 | NetInvestmentIncomeAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Period Adjustment | Desc |
| Amt | $15,250 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVESTMENT FEES STIFEL 7643 | $70,871 | $70,871 |
| INVESTMENT FEES STIFEL 8185 | $72,135 | $72,135 |
| Miscellaneous Expenses | $5,533 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $2,147 | $2,147 |
| TAXES | $47,011 |