IN A PERFECT WORLD FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- IN A PERFECT WORLD FOUNDATION (EIN 20-4083846)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-03-23
- IRS object ID
- 202310829349100501
- Schema version
- 2022v5.0
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-23T09:37:55-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461335331 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALTRUIC ADVISORS CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4088 WASHTENAW AVE | AddressLine1Txt |
| City | ANN ARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204083846 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IN A PERFECT WORLD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INAP | BusinessNameControlTxt |
| Phone | 8334444279 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 BURBANK BLVD SUITE 120 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91367 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MANUELA TESTOLINI | PersonNm |
| Person Title | FOUNDER/CEO | PersonTitleTxt |
| Phone | 8334444279 | PhoneNum |
| Signature | 2023-03-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MANUELA | PersonFirstNm |
| Person Last | TESTOLINI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIK D LADEWIG CPA | PreparerPersonNm |
| PTIN | P02364512 | PTIN |
| Phone | 8882985297 | PhoneNum |
| Preparation | 2023-03-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,516,068 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $414,690 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $246 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $246 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $55,852 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $55,852 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$59,800 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $177,551 | GrossSalesPriceAmt |
| Total Rev And Expnss | $410,988 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $56,098 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $156,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $98,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $20,159 | OthEmplSlrsWgsRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $23,324 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $25,210 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $33,829 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,889 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $33,529 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,187 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $7,984 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,666 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $2,333 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $5,852 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $2,198 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,780 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,736 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $175 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $175 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $222,159 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $159,260 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $511,341 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,889 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $2,333 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $306,882 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $35,038 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $35,038 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $546,379 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,889 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $2,333 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $341,920 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$135,391 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $39,209 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $144,357 | CashBOYAmt |
| Cash EOY | $95,922 | CashEOYAmt |
| Cash EOYFMV | $95,922 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $35,104 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $129,328 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $129,328 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $9,100 | AcctRcvblBOYAmt |
| Pledges Rcvbl BOY | $33,000 | PledgesRcvblBOYAmt |
| Prepaid Expenses BOY | $3,477 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $4,799 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $4,799 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,868,446 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,256,889 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,256,889 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,333 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $11,667 | LandEOYAmt |
| Land EOYFMV | $11,667 | LandEOYFMVAmt |
| Other Assets BOY | $17,463 | OtherAssetsBOYAmt |
| Other Assets EOY | $17,463 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $17,463 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,110,947 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,516,068 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,516,068 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,499 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,982 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $45,845 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $28,696 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $47,344 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,678 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,028,603 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,485,390 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $35,000 | DonorRstrNetAssetsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,063,603 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,483,057 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,110,947 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,513,735 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,063,603 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$135,391 | ExcessRevenueOverExpensesAmt |
| Other Increases | -$445,155 | OtherIncreasesAmt |
| Subtotal | $2,483,057 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,483,057 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $545 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $545 | SubtotalAmt |
| Tax Based On Investment Income | $545 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $12 | EsPenaltyAmt |
| Tax Due | $557 | TaxDueAmt |
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 | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MN | 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 | IAPW.ORG | WebsiteAddressTxt |
| Individual With Books | STEPHANIE GRIFFIN | IndividualWithBooksNm |
| Phone | 8334444279 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8491 S SUNSET BLVD BOX 515 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90069 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| MANUELA TESTOLINI | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | FOUNDER/CEO | 40.00 | $84,000 | $0 | $0 |
| STEPHANIE GRIFFIN | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | SECRETARY | 40.00 | $72,000 | $0 | $0 |
| NORMAN BAILEY | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | CHAIR | 2.00 | $0 | $0 | $0 |
| CHRISTINE ONESKY | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | TREASURER | 2.00 | $0 | $0 | $0 |
| LINDA LIVINGSTON | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| ANDY TAYLOR | ||||||||
| 21255 BURBANK BLVD SUITE 120 | LOS ANGELES | CA | 91367 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | YOUTH AMBASSADORS IAPW YOUTH AMBASSADORS, OUR SIGNATURE YOUTH EMPOWERMENT PROGRAM, PROVIDE TEENS WITH SOCIAL EMOTIONAL, AND LEADERSHIP SKILLS, EMPOWERING THEM TO FIND PURPOSE AND DEVELOP THE LIFE-READINESS AND CRITICAL THINKING NEEDED TO MAKE AN IMPACT ON THE WORLD. IAPW YOUTH AMBASSADORS ARE YOUNG PEOPLE AGES 13-18 PASSIONATE ABOUT SOCIAL CHANGE. THEY LEARN ABOUT GLOBAL ISSUES AS THEY MOVE THROUGH THE CURRICULUM IN A BROAD RANGE OF AREAS THAT INCLUDES HEALTH, HUNGER, HOMELESSNESS, CLIMATE CHANGE, EQUALITY, EDUCATION, AND POVERTY. IAPW PROVIDES SERVICE-ORIENTED EDUCATION WITH A CAPSTONE THAT INVOLVES ACTIVE PARTICIPATION IN AN INTERNATIONAL RURAL EDUCATION AND COMMUNITY HARMONY PROJECT. | Description1Txt |
| Expenses1 | $100,922 | Expenses1Amt |
| Description2 | RURAL EDUCATION AND COMMUNITY HARMONY (REACH) THROUGH REACH, IAPW'S GLOBAL, RURAL EDUCATION AND COMMUNITY DEVELOPMENT PROGRAM, WE BRING SCHOOLS AND RESOURCES TO RURAL COMMUNITIES IN SOME OF THE MOST ECONOMICALLY DISADVANTAGED COUNTRIES, HARNESSING THE POWER OF EDUCATION TO EMPOWER ALL CHILDREN TO HAVE A VOICE IN THE WORLD. WITH 34 SCHOOLS IN 8 DIFFERENT COUNTRIES, WE'VE PROVIDED THOUSANDS OF CHILDREN WITH ACCESS TO EDUCATION, HELPING TO BREAK THE CYCLE OF POVERTY AND ILLITERACY. WHETHER IT'S BEEN BUILT SO THAT CHILDREN WOULDN'T HAVE TO WALK 10KM TO THE NEAREST SCHOOL OR REMODELING AN EXISTING SCHOOL WITH UPDATED FACILITIES TO PROVIDE A CLEAN, SAFE, AND NURTURING LEARNING ENVIRONMENT, EVERY SCHOOL HAS MADE A DIFFERENCE IN A COMMUNITY. SITTING IN COUNCIL WITH ELDERS, EDUCATORS, AND PARENTS IN THE COMMUNITY, WE IDENTIFY REMAINING BARRIERS TO EDUCATION FOR STUDENTS AND WORK TO IMPLEMENT SUPPORTING, WRAPAROUND SERVICES SUCH AS CLEAN WATER, SUSTAINABLE FARMING, SCHOOL MEAL PROGRAMS, SOLAR PO | Description2Txt |
| Expenses2 | $73,388 | Expenses2Amt |
| Description3 | DREAMCATCHERS THROUGH THE POWER OF ART AND STORYTELLING, WE TEACH KIDS AGES 5-12 IN THE U.S. AND CANADA ABOUT SOCIAL ISSUES FROM HUNGER AND POVERTY TO CLEAN WATER AND CLIMATE CHANGE, CULTIVATING THEIR NATURAL EMPATHY FOR OTHER CHILDREN AND FOR THE PLANET AND EMPOWERING THEM TO MAKE A DIFFERENCE. THE IAPW BACKPACK DRIVE IS A COMPONENT OF OUR DREAMCATCHERS PROGRAM. WHAT STARTED AS A 5-YEAR-OLD'S SERVICE PROJECT HAS GROWN INTO AN ANNUAL STRATEGIC INITIATIVE THAT SUPPORTS 1,500+ CHILDREN FROM LOW-INCOME FAMILIES IN LOS ANGELES. IN RECENT YEARS, OUR BACKPACK DRIVE EXPANDED TO HELP VULNERABLE CHILDREN AND FAMILIES IN THE L.A. AND THE BAY AREA WITH FOOD SECURITY AND REMOTE EDUCATION NEEDS. THROUGH YOUTH-LED FUNDRAISING EFFORTS, WE RAISED OVER 50,000 FOR KIDS IN NEED. | Description3Txt |
| Expenses3 | $65,949 | Expenses3Amt |
| Description4 | LOVE 4 ONE ANOTHER LOVE 4 ONE ANOTHER WAS ESTABLISHED BY IN A PERFECT WORLD TO HONOR AND BUILD UPON THE PHILANTHROPIC WORK BETWEEN IN A PERFECT WORLD FOUNDER, MANUELA TESTOLINI, AND PRINCE ROGERS NELSON. THROUGH LOVE 4 ONE ANOTHER, WE HARNESS THE POWER OF MUSIC, ART, AND TECHNOLOGY TO EMPOWER YOUNG PEOPLE IN UNDER- RESOURCED SCHOOLS AND COMMUNITIES. BY PROVIDING MUSICAL INSTRUMENTS, MUSIC THERAPY INTERVENTIONS, AND MULTIMEDIA TOOLS, WE PROMOTE WELL-BEING AND GIVE KIDS THE CHANCE TO STRENGTHEN THEIR ACADEMICS AND HAVE THEIR VOICES HEARD. GIVEN THE TOOLS THEY NEED TO UNLEASH THEIR CREATIVITY, YOUNG PEOPLE ARE INSPIRED TO FIND THEIR VOICE, RALLY THEIR COMMUNITY, AND BRING LIGHT TO THE ISSUES THEY CARE ABOUT. | Description4Txt |
| Expenses4 | $41,158 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,431,819 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $167,565 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,599,384 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,599,384 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $38,991 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,560,393 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $128,020 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $128,020 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $545 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $545 | TotalTaxAmt |
| Distributable Before Adj | $127,475 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $127,475 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $127,475 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $341,920 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $341,920 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $127,475 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $294,758 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $329,480 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $508,653 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $430,735 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $167,024 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,730,650 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $341,920 | QualifyingDistributionsAmt |
| Applied To Current Year | $127,475 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $214,445 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,945,095 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $294,758 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,650,337 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $329,480 | ExcessFromYear4Amt |
| Excess From Year3 | $508,653 | ExcessFromYear3Amt |
| Excess From Year2 | $430,735 | ExcessFromYear2Amt |
| Excess From Year1 | $167,024 | ExcessFromYear1Amt |
| Excess From Current Year | $214,445 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MANUELA TESTOLINI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FORMIDABLE JOY | ||||||
| 7819 TORREYSON DRIVE | LOS ANGELES | CA | 90046 | 501(C)(3) | SOLAR WATER PROJECT MALAWI SCHOOL | $12,794 |
| SCHOOL THE WORLD | ||||||
| 109 STATE STREET STE 403 | BOSTON | MA | 02109 | 501(C)(3) | SCHOLARSHIPS, BOOKS, TUTORS | $22,244 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $35,038 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $246 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $55,852 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$59,800 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $56,098 | ExclusionAmt |
| Related Or Exempt Function Incm | -$59,800 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$3,702 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (23 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Address Line2ContributorUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| TOYOTA MOTOR NORTH AMERICA | |||||||
| 1 | 6565 HEADQUARTERS DR | PLANO | TX | 75024 | $35,000 | Yes (X) | |
| LATANYA JACKSON | |||||||
| 7 | 21255 BURBANK BLVD | LOS ANGELES | CA | 91367 | $15,000 | Yes (X) | |
| PHILIP MCDONALD | |||||||
| 13 | 833 AMERICANA WAY | GLENDALE | CA | 91210 | $5,260 | Yes (X) | |
| SUZETTE YAMANI | |||||||
| 19 | 4744 AZUCENA RD | WOODLANDS HILLS | CA | 91364 | $5,000 | Yes (X) | |
| THRIVENT | |||||||
| 2 | 600 PORTLAND AVENUE S | MINNEAPOLIS | MN | 55415 | $35,000 | Yes (X) | |
| THE ADI AND JERRY GREENSBURG | |||||||
| 8 | 101 FEDERAL STREET STE 1405 | BOSTON | MA | 02110 | $10,000 | Yes (X) | |
| LOS ANGELES LAKERS | |||||||
| 14 | 2275 E MARIPOSA AVE | EL SEGUNDO | CA | 90245 | $5,000 | Yes (X) | |
| KIRAN RAI | |||||||
| 20 | 93 WORTH ST | NEW YORK | NY | 10013 | $5,000 | Yes (X) | |
| FRIESE FOUNDATION | |||||||
| 3 | 20021 NORTHRIDGE ROAD | CHATSWORTH | CA | 91311 | $20,000 | Yes (X) | |
| ALICIA ETHEREDGE-BROWN | |||||||
| 9 | 16255 VENTURA BLVD | ENCINO | CA | 91436 | $10,000 | Yes (X) | |
| DELTA AIRLINES | |||||||
| 15 | 1030 DELTA BLVD | ATLANTA | GA | 30354 | $5,000 | Yes (X) | |
| MAXINE ANDERSON MD | |||||||
| 21 | 6927 KENTWOOD CT | LOS ANGELES | CA | 90045 | $5,000 | Yes (X) | |
| DERRICK JONES | |||||||
| 4 | 21255 BURBANK BLVD | LOS ANGELES | CA | 91367 | $15,780 | Yes (X) | |
| TYLER PERRY FOUNDATION INC | |||||||
| 10 | 541 10TH NW 172 | ATLANTA | GA | 30318 | $10,000 | Yes (X) | |
| DEXTER WILLIAMS | |||||||
| 16 | 864 NORTH BUNDY DRIVE | LOS ANGELES | CA | 90049 | $10,000 | Yes (X) | |
| CHARMEAN NEITHART | |||||||
| 22 | 277 E MOUNTAIN DRIVE | MONTECITO | CA | 93108 | $5,000 | Yes (X) | |
| DEBORAH SANTANA | |||||||
| 5 | 14320 VENTURA BLVD SUITE 471 | SHERMAN OAKS | CA | 94123 | $10,000 | Yes (X) | |
| WILLIAM SANDERS | |||||||
| 11 | 510 MADISON AVENUE | NEW YORK | NY | 10022 | $25,000 | Yes (X) | 17TH FLOOR |
| SIMONE SMITH | |||||||
| 17 | 888 6TH AVE 4TH FLOOR | NEW YORK | NY | 10106 | $5,000 | Yes (X) | |
| HEAD HEART PHILANTHROPY | |||||||
| 23 | 5111 TELEGRAPH | OAKLAND | CA | 94609 | $5,000 | Yes (X) | |
| EARVIN AND EARLEATHA JOHNSON | |||||||
| 6 | 21255 BURBANK BLVD | LOS ANGELES | CA | 91367 | $15,000 | Yes (X) | |
| EDEN ALPERT | |||||||
| 12 | 3951 CODY RD | SHERMAN OAKS | CA | 91403 | $10,000 | Yes (X) | |
| FRONTGATE | |||||||
| 18 | 23500 LONG VALLEY RD | HIDDEN HILLS | CA | 91302 | $5,000 | Yes (X) | |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,210 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|
| WEBSITE DEVELOPMENT | 2022-06-30 | $14,000 | S/L | 3.0000 | $2,333 | $2,333 |
| WEBSITE | 2022-06-30 | $14,000 | STRAIGHT LINE | 3.0000 | $2,333 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| ROYAL ALLIANCE LT | 2021-03 | PURCHASE | 2022-04 | $50,000 | $55,079 | -$5,079 |
| ROYAL ALLIANCE LT | 2021-03 | PURCHASE | 2022-06 | $30,000 | $39,233 | -$9,233 |
| ROYAL ALLIANCE ST | 2022-03 | PURCHASE | 2022-08 | $616 | $1,228 | -$612 |
| ROYAL ALLIANCE LT | 2021-03 | PURCHASE | 2022-08 | $50,964 | $83,052 | -$32,088 |
| ROYAL ALLIANCE ST | 2022-03 | PURCHASE | 2022-09 | $9,466 | $12,584 | -$3,118 |
| ROYAL ALLIANCE LT | 2021-03 | PURCHASE | 2022-09 | $36,505 | $46,175 | -$9,670 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $2,256,889 | EOYBookValueAmt |
| EOYFMV | $2,256,889 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $14,000 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,333 | AccumulatedDepreciationAmt |
| Book Value | $11,667 | BookValueAmt |
| EOYFMV | $11,667 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $23,324 | LegalFeesAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY Book Value | $17,463 | BOYBookValueAmt |
| EOY Book Value | $17,463 | EOYBookValueAmt |
| EOYFMV | $17,463 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| PERSONNEL COSTS | $3,000 | |
| CONTRACT SERVICES | $20,159 | $20,159 |
| BUSINESS DEVELOPMENT | $56,695 | $56,181 |
| MARKETING ADVERTISING | $41,308 | $38,464 |
| OFFICE EXPENSES | $17,359 | $6,933 |
| INSURANCE | $5,622 | $111 |
| BANK AND MERCHANT FEES | $10,423 | $8,131 |
| PLEDGE WRITE OFFS | $33,000 | |
| EXCHANGE GAIN OR LOSS | $5,312 | |
| PROGRAM COSTS | $29,281 | $29,281 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN/LOSS | -$452,155 |
| PRIOR PERIOD ADJUSTMENT | $7,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY Book Value | $45,845 | BOYBookValueAmt |
| EOY Book Value | $28,696 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| HR SERVICES | $900 | $900 | |
| PROFESSIONAL SERVICES | $16,040 | $15,740 | |
| ASSET MANAGEMENT FEES | $16,889 | $16,889 | $16,889 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PAYROLL TAXES | $12,604 | $7,884 |
| LICENSES & PERMITS | $1,583 | $100 |
Comments