PRANAN FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRANAN FOUNDATION INC (EIN 82-3201792)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-12-18
- IRS object ID
- 202443539349100909
- 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
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-18T18:21:51-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581540139 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN M BERMAN & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3445 PEACHTREE ROAD NE SUITE 1150 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | 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 | 823201792 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PRANAN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRAN | BusinessNameControlTxt |
| Phone | 6786400143 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 WILDERBLUFF COURT | AddressLine1Txt |
| City | SANDY SPRINGS | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VIKAS VERMA | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6786400143 | PhoneNum |
| Signature | 2024-12-18 | 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 | RONALD J GREEN | PreparerPersonNm |
| PTIN | P00153816 | PTIN |
| Phone | 4042622181 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,667,765 | 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 | $381,930 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $31,850 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $31,850 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $78,458 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $78,458 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $124,171 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,104,715 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $124,171 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $616,409 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $234,479 | 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 |
| Other Prof Fees Rev And Expnss | $12,835 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,835 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $71 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $51 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,906 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $12,835 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $51 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $294,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $294,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $307,906 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $12,835 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $294,051 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $308,503 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $221,644 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,277,041 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,222,408 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,222,408 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,061,028 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,542,642 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,804,866 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $686,239 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,641,470 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,637,013 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $75,976 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,211 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,478 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,478 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,101,495 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,409,998 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,667,765 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $6,264 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $6,264 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,264 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,264 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,095,231 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,403,734 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,095,231 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,403,734 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,101,495 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,409,998 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,095,231 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $308,503 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,403,734 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,403,734 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (43 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 275 SHS. TARGET CORP | P | 2022-09-14 | 2023-06-06 | $36,409 | $46,028 | -$9,619 | -$9,619 |
| 173 SHS. TARGET CORP | P | 2023-02-06 | 2023-06-06 | $22,904 | $29,895 | -$6,991 | -$6,991 |
| 1270 SHS. TRUIST FINL CORP | P | 2022-08-10 | 2023-03-15 | $40,475 | $65,136 | -$24,661 | -$24,661 |
| 252 SHS. ABBOTT LABORATORIES | P | 2021-04-05 | 2023-02-06 | $27,941 | $30,178 | -$2,237 | -$2,237 |
| 252 SHS. ABBOTT LABORATORIES | P | 2021-04-22 | 2023-02-06 | $27,941 | $31,369 | -$3,428 | -$3,428 |
| 225 SHS. ABBOTT LABORATORIES | P | 2021-06-18 | 2023-02-06 | $24,947 | $24,858 | $89 | $89 |
| 177 SHS. CHEVRON CORP | P | 2021-04-05 | 2023-02-06 | $29,979 | $18,631 | $11,348 | $11,348 |
| 83 SHS. S & P GLOBAL INC | P | 2021-04-05 | 2023-07-31 | $32,762 | $30,246 | $2,516 | $2,516 |
| 63 SHS. S & P GLOBAL INC | P | 2021-04-22 | 2023-07-31 | $24,846 | $24,206 | $640 | $640 |
| 20 SHS. S & P GLOBAL INC | P | 2021-04-22 | 2023-07-31 | $7,894 | $7,684 | $210 | $210 |
| 40 SHS. S & P GLOBAL INC | P | 2021-06-18 | 2023-07-31 | $15,775 | $15,618 | $157 | $157 |
| 320 SHS. VANGUARD SMALL-CAP INDEX FUND | P | 2021-11-15 | 2023-05-26 | $58,998 | $75,976 | -$16,978 | -$16,978 |
| 50 SHS. ABBOTT LABORATORIES | P | 2023-07-31 | 2023-12-15 | $5,374 | $5,575 | -$201 | -$201 |
| 118 SHS. VISA INC. | P | 2023-02-06 | 2023-12-15 | $30,300 | $27,047 | $3,253 | $3,253 |
| 29 SHS. ADOBE INC | P | 2021-07-29 | 2023-12-15 | $16,931 | $18,075 | -$1,144 | -$1,144 |
| 60 SHS. ALPHABET INC | P | 2021-04-22 | 2023-12-15 | $7,912 | $6,818 | $1,094 | $1,094 |
| 140 SHS. ALPHABET INC | P | 2021-06-18 | 2023-12-15 | $18,462 | $16,826 | $1,636 | $1,636 |
| 60 SHS AMAZON .COM INC | P | 2021-06-18 | 2023-12-15 | $8,963 | $10,427 | -$1,464 | -$1,464 |
| 74 SHS. ANALOG DEVICES INC | P | 2021-04-05 | 2023-12-15 | $14,915 | $11,983 | $2,932 | $2,932 |
| 120 SHS. ANALOG DEVICES INC | P | 2021-06-18 | 2023-12-15 | $24,187 | $19,491 | $4,696 | $4,696 |
| 241 SHS. APPLE INC | P | 2021-04-22 | 2023-12-15 | $47,576 | $32,202 | $15,374 | $15,374 |
| 81 SHS. APPLE INC | P | 2021-06-18 | 2023-12-15 | $15,990 | $10,559 | $5,431 | $5,431 |
| 33 SHS. CDW CORP | P | 2021-04-05 | 2023-12-15 | $7,291 | $5,628 | $1,663 | $1,663 |
| 178 SHS. CDW CORP | P | 2021-04-22 | 2023-12-15 | $39,328 | $32,377 | $6,951 | $6,951 |
| 110 SHS. CHEVRON CORP | P | 2021-04-05 | 2023-12-15 | $16,379 | $11,578 | $4,801 | $4,801 |
| 67 SHS. CHEVRON CORP | P | 2021-06-18 | 2023-12-15 | $9,977 | $7,031 | $2,946 | $2,946 |
| 155 SHS. CISCO SYSTEMS INC | P | 2022-07-16 | 2023-12-15 | $7,723 | $6,791 | $932 | $932 |
| 500 SHS. COCA-COLA CO | P | 2021-04-22 | 2023-12-15 | $29,515 | $27,317 | $2,198 | $2,198 |
| 250 SHS. ELI LILLY & CO | P | 2021-06-18 | 2023-12-15 | $141,759 | $54,591 | $87,168 | $87,168 |
| 97 SHS. EXXON MOBIL CORP | P | 2022-07-19 | 2023-12-15 | $9,756 | $8,480 | $1,276 | $1,276 |
| 6 SHS. HOME DEPOT INC | P | 2021-04-05 | 2023-12-15 | $2,119 | $1,878 | $241 | $241 |
| 96 SHS. HOME DEPOT INC. | P | 2021-04-22 | 2023-12-15 | $33,897 | $30,946 | $2,951 | $2,951 |
| 226 SHS. INTERCONTINENTAL EXCHANGE INC | P | 2021-04-22 | 2023-12-15 | $27,676 | $27,204 | $472 | $472 |
| 110 SHS. JOHNSON & JOHNSON | P | 2021-06-18 | 2023-12-15 | $17,034 | $17,891 | -$857 | -$857 |
| 135 SHS. JP MORGAN CHASE & CO. | P | 2022-06-17 | 2023-12-15 | $22,209 | $15,163 | $7,046 | $7,046 |
| 85 SHS. MERCK & CO. INC | P | 2022-06-17 | 2023-12-15 | $8,963 | $7,106 | $1,857 | $1,857 |
| 121 SHS. MICROSOFT CORP | P | 2021-04-22 | 2023-12-15 | $44,875 | $31,468 | $13,407 | $13,407 |
| 31 SHS. MICROSOFT CORP | P | 2021-06-18 | 2023-12-15 | $11,497 | $8,052 | $3,445 | $3,445 |
| 110 SHS. MORGAN STANLEY COM | P | 2021-04-22 | 2023-12-15 | $10,060 | $8,707 | $1,353 | $1,353 |
| 140 SHS. MORGAN STANLEY COM | P | 2021-06-18 | 2023-12-15 | $12,804 | $11,939 | $865 | $865 |
| 95 SHS. PARKER-HANNIFIN CORP | P | 2021-04-05 | 2023-12-15 | $43,367 | $30,393 | $12,974 | $12,974 |
| 55 SHS. PARKER-HANNIFIN CORP | P | 2021-04-22 | 2023-12-15 | $25,107 | $17,458 | $7,649 | $7,649 |
| 1159 SHS. PFIZER INC | P | 2022-07-18 | 2023-08-14 | $41,898 | $59,718 | -$17,820 | -$17,820 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $124,171 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,081 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,081 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,081 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $908 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,908 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,827 | OverpaymentAmt |
| Applied To ES Tax | $2,827 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | 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 |
| Individual With Books | VIKAS VERMA | IndividualWithBooksNm |
| Phone | 6786400143 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 WILDERBLUFF COURT | AddressLine1Txt |
| City | SANDY SPRINGS | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30328 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| VIKAS VERMA | ||||||||
| 115 WILDERBLUFF COURT | SANDY SPRINGS | GA | 30328 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| ACHALA VERMA | ||||||||
| 115 WILDERBLUFF COURT | SANDY SPRINGS | GA | 30328 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| RITU V GORDON | ||||||||
| 115 WILDERBLUFF COURT | SANDY SPRINGS | GA | 30328 | SECRETARY | 1.00 | $0 | $0 | $0 |
| PRIYANKA VERMA | ||||||||
| 115 WILDERBLUFF COURT | SANDY SPRINGS | GA | 30328 | TREASURER | 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 |
| 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 | $3,139,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,197,827 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,337,456 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,337,456 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $65,062 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,272,394 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $213,620 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $213,620 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,081 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,081 | TotalTaxAmt |
| Distributable Before Adj | $210,539 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $210,539 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $210,539 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $294,051 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $294,051 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $210,539 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $118,324 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $294,051 | QualifyingDistributionsAmt |
| Applied To Year1 | $118,324 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $175,727 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $34,812 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A B C OF GEORGIA CHARITABLE FOUNDATION | |||||||
| 8975 ROSWELL RD | ATLANTA | GA | 30350 | N/A | PUBLIC | GENERAL FUNDING | $6,000 |
| ATLANTA ANGELS | |||||||
| 2555 NORTHWINDS PKWY | ALPHARETTA | GA | 30009 | N/A | PUBLIC | SUPPORT FOR FOSTER CARE | $8,000 |
| ATLANTA COMMUNITY FOOD BANK | |||||||
| 3400 N DESERT DR | EAST POINT | GA | 30344 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| ATLANTA MISSION | |||||||
| PO BOX 1807 | ATLANTA | GA | 30301 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| ATLANTA MUSIC PROJECT | |||||||
| 883 DILL AVE SW | ATLANTA | GA | 30310 | N/A | PUBLIC | SUPPORT FOR CURRENT PROJECTS | $10,000 |
| BE THE MATCH FOUNDATION | |||||||
| 500 N 5TH ST | MINNEAPOLIS | MN | 55401 | N/A | PUBLIC | GERERAL FUNDING | $10,000 |
| BONNIE YOUTH CLUB | |||||||
| 1221 CHURCH AVE | BROOKLY | NY | 11218 | N/A | PUBLIC | GENERAL FUNDING TO SUPPORT YOUTH PROJECTS | $10,000 |
| BOYS AND GIRLS CLUB OF METRO ATLANTA | |||||||
| 2880 DRESDEN DR | CHAMBLEE | GA | 30341 | N/A | PUBLIC | GENERAL FUNDING | $2,000 |
| BREAST CANCER RESEARCH FOUNDATION | |||||||
| 28 WEST 44TH ST SUITE 609 | NEW YORK | NY | 10036 | N/A | PUBLIC | SUPPORT FOR RESEARCH PROGRAMS | $10,000 |
| CAMP HORIZON INC | |||||||
| 5825 GLENRIDGE DR 101 | ATLANTA | GA | 30328 | N/A | PUBLIC | SUPPORT FOR FOSTER CARE | $10,000 |
| CHILDSPRING INTERNATIONAL | |||||||
| 1328 PEACHTREE ST NE | ATLANTA | GA | 30309 | N/A | PUBLIC | SUPPORT MISSION:SURGERIES FOR CHILDREN FROM DEVELOPING COUNTRIES | $5,000 |
| DRESS FOR SUCCESS ATLANTA | |||||||
| 6255 BARFIELD RD 155 | ATLANTA | GA | 30328 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| FIFTH AVENUE COMMITTEE | |||||||
| 621 DEGRAW ST | BROOKLYN | NY | 11217 | N/A | PUBLIC | GENERAL FUNDING | $6,000 |
| GIACC | |||||||
| 7742 SPALDING DR SUITE 209 | NORCROSS | GA | 30092 | N/A | PUBLIC | GENERAL FUNDING | $2,000 |
| GEORGIA CUP INC | |||||||
| 1 GOLF CLUB DR | ALPHARETTA | GA | 30005 | N/A | PUBLIC | GENERAL FUNDING | $6,000 |
| HABITAT FOR HUMANITY | |||||||
| 322 W LAMAR ST | AMERICUS | GA | 31709 | N/A | PUBLIC | SUPPORT GLOBAL IMPACT | $10,000 |
| IACA SCHOLARSHIP FUND | |||||||
| 1281 COOPER LAKE RD SE | SMYRNA | GA | 30082 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| INTOWN COLLABORATIVE MINISTRIES | |||||||
| 1026 PONCE DE LEON AVE | ATLANTA | GA | 30306 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| KATE'S CLUB | |||||||
| 1190 W DRUID HILLS DR NE | ATLANTA | GA | 30329 | N/A | PUBLIC | GENERAL FUNDING | $8,000 |
| MAXIMUS JANTON FOUNDATION | |||||||
| 5375 AZALEA CREST LANE | SUGAR HILL | GA | 30518 | N/A | PUBLIC | FRIENDS FOR MAX JANTON GOLF CLASSIC | $6,000 |
| MEDSHARE | |||||||
| 3240 CLIFTON SPRINGS RD | DECATUR | GA | 30034 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| NAMC | |||||||
| 6161 RED MAPLE RD | ATLANTA | GA | 30349 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| OPEN HAND | |||||||
| 181 ARMOUR DR NE | ATLANTA | GA | 30324 | N/A | PUBLIC | SUPPORT THE MISSION OF THE ORGANIZATION | $10,000 |
| OVARIAN CANCER RESEARCH ALLIANCE | |||||||
| 14 PENNSYLVANIA PLAZA | NEW YORK | NY | 10122 | N/A | PUBLIC | FUNDING FOR MEDICAL RESEARCH PROGRAMS | $10,000 |
| PROMISE OF JUSTICE | |||||||
| 636 BARONNE ST | NEW ORLEANS | LA | 70113 | N/A | PUBLIC | GENERAL FUNDING | $5,000 |
| RAKSHA | |||||||
| PO BOX 12337 | ATLANTA | GA | 30355 | N/A | PUBLIC | STRONGER AND HEALTHER SOUTH ASIAN COMMUNITIES | $23,000 |
| RONALD MCDONALD HOUSE - ATLANTA | |||||||
| 795 GATEWOOD RD NE | ATLANTA | GA | 30329 | N/A | PUBLIC | GENERAL SUPPORT FOR ATLANTA | $10,000 |
| SENIOR CITIZEN PROGRAM | |||||||
| 4059 KESWICK DR | ATLANTA | GA | 30339 | N/A | PUBLIC | GENERAL SUPPORT FOR THE AGING | $10,000 |
| ST JUDE | |||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | N/A | PUBLIC | ANN TAYLOR/CANCER RESEARCH | $6,000 |
| THE 410 BRIDGE | |||||||
| 3955 MARCONI DR | ALPHARETTA | GA | 30005 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| THE LUSTGARTEN FOUNDATION | |||||||
| 504 RXR PLAZA | UNIONDALE | NY | 11556 | N/A | PUBLIC | GENERAL FUNDING FOR PANCREATIC CANCER RESEARCH | $10,000 |
| TUNNEL TO TOWERS FOUNDATION | |||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | N/A | PUBLIC | GENERAL FUNDING | $10,000 |
| USGA FOUNDATION | |||||||
| 77 LIBERTY CORNER ROAD | LIBERTY CORNER | NJ | 07938 | N/A | PUBLIC | GENERAL FUNDING | $5,000 |
| WESTSIDE FEDERATION OF SENIOR & SUPPORTIVE HOUSING | |||||||
| 143 W 108TH ST | NEW YORK | NY | 10025 | N/A | PUBLIC | GENERAL FUNDING | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $294,000 | 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 | $31,850 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $78,458 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $124,171 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $234,479 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $234,479 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| THE VERMA FAMILY CHARITABLE TRUST | ||||||
| 1 | 990 HAMMOND DR | ATLANTA | GA | 30328 | $376,930 | Yes (X) |
| INSTALLED BUILDING PRODUCTS LLC | ||||||
| 2 | 9495 S HIGH STREET SUITE 50 | COLUMBUS | OH | 34215 | $5,000 | Yes (X) |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BONDS | BondNm |
| EOY Book Value | $1,641,470 | EOYBookValueAmt |
| EOYFMV | $1,637,013 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES - FIDELITIY 2256 | StockNm |
| EOY Book Value | $1,542,642 | EOYBookValueAmt |
| EOYFMV | $1,804,866 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED PURCHASE INTEREST | Desc |
| BOY Book Value | $1,211 | BOYBookValueAmt |
| EOY Book Value | $3,478 | EOYBookValueAmt |
| EOYFMV | $3,478 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $51 | $0 | $51 |
| NON-DEDUCTABLE EXPENSE | $20 | $0 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO VRP/VERMA | Desc |
| BOY Book Value | $6,264 | BOYBookValueAmt |
| EOY Book Value | $6,264 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $12,835 | Amt |
| Net Investment Income | $12,835 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $1,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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