FURP.ORG / PUBLIC DATA EXPLORER

THE MDBSD FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE MDBSD FOUNDATION (EIN 68-0618643)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-09
IRS object ID
202301299349105350
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-09T15:15:46-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN300125842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ESI Financial ServicesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17837 La Mesa BoulevardAddressLine1Txt
CityLa MesaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91942ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN680618643EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MDBSD FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMDBSBusinessNameControlTxt
Phone8587752880PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17710 BALBOA AVENUE 302AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL D BOYDPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAEL DPersonFirstNm
Person LastBOYDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteven K Farrington CPAPreparerPersonNm
PTINP00879553PTIN
Phone6193285054PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$238,600ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,266InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,266InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,266InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$239,866TotalRevAndExpnssAmt
Total Net Invst Incm$1,266TotalNetInvstIncmAmt
Total Adj Net Incm$1,266TotalAdjNetIncmAmt
Taxes Rev And Expnss$88TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$88TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$114,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$114,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$114,588TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$114,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$125,278ExcessRevenueOverExpensesAmt
Net Investment Income$1,266NetInvestmentIncomeAmt
Adjusted Net Income$1,266AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$999,188SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,124,466SavAndTempCashInvstEOYAmt
Total Assets BOY$999,188TotalAssetsBOYAmt
Total Assets EOY$1,124,466TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$999,188NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,124,466NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$999,188TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,124,466TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$999,188TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,124,466TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$999,188TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$125,278ExcessRevenueOverExpensesAmt
Subtotal$1,124,466SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,124,466TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$18InvestmentIncomeExciseTaxAmt
Subtotal$18SubtotalAmt
Tax Based On Investment Income$18TaxBasedOnInvestmentIncomeAmt
Tax Due$18TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL BOYDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8584960551PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17710 BALBOA AVENUE 302AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92111ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MICHAEL D BOYD
7710 BALBOA AVENUE SUITE 302SAN DIEGOCA92111Pres & Dir1.00$0
TED R ZACK
7710 BALBOA AVENUE SUITE 302SAN DIEGOCA92111Sec/Treas/Dir0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$962,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$962,632TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$962,632AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,439CashDeemedCharitableAmt
Net Vl Noncharitable Assets$948,193NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,410MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,410MinimumInvestmentReturnAmt
Tax Based On Investment Income$18TaxBasedOnInvestmentIncomeAmt
Total Tax$18TotalTaxAmt
Distributable Before Adj$47,392DistributableBeforeAdjAmt
Distributable Before Ded$47,392DistributableBeforeDedAmt
Distributable As Adjusted$47,392DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$114,500ExpensesAndContributionsAmt
Qualifying Distributions$114,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,392DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$54,866ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$66,192ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$13,549ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$32,282ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$6,092ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$172,981TotalExcessDistributionCyovAmt
Qualifying Distributions$114,500QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$47,392AppliedToCurrentYearAmt
Remaining Distri From Corpus$67,108RemainingDistriFromCorpusAmt
Total Corpus$240,089TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$54,866ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$185,223ExcessDistriCyovToNextYrAmt
Excess From Year4$66,192ExcessFromYear4Amt
Excess From Year3$13,549ExcessFromYear3Amt
Excess From Year2$32,282ExcessFromYear2Amt
Excess From Year1$6,092ExcessFromYear1Amt
Excess From Current Year$67,108ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL D BOYDContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VFW
2885 Lemon Grove AveLemon GroveCA91945N/AN/ASUPPORT CHARITY$8,500
RESTORATION CHURCH
10960 VIA FRONTERASAN DIEGOCA92127N/AN/ASUPPORT CHARITY$1,500
ASELTINE SCHOOL
3665 S GRANADA AVESPRING VALLEYCA91977N/AN/ASUPPORT CHARITY$6,000
BOYS TO MEN MENTORING
3322 SWEETWATER SPRINGS BLVD 204SPRING VALLEYCA91977N/AN/ASUPPORT CHARITY$1,000
CURA SMILES
3952 D Clairemont Mesa Blvd 222San DiegoCA92117N/AN/ASUPPORT CHARITY$10,000
MAKERS CHURCH
3810 Bancroft streetSan DiegoCA92104N/AN/ASUPPORT CHARITY$30,000
SAN DIEGO FOOD BANK
9850 DISTRIBUTION AVESAN DIEGOCA92121N/AN/ASUPPORT COMMUNITY$6,000
GROSSMONT EDU FOUNDATION
PO Box 1043La MesaCA91944N/ASUPPORT COMMUNITY$1,000
GENERATIONS NORTH
8017 EAST 131ST ST SBIXBYOK74008N/ASUPPORT CHARITY$1,500
YOUNG LIFE
PO BOX 5184HARLANIA51593N/ASUPPORT COMMUNITY$1,500
ENCINITAS ED FOUNDATION
101 SOUTH RANCHO SANTA FE ROADENCINITASCA92024N/ASUPPORT COMMUNITY$1,500
THE VERTICAL CHURCH
3142 S ARIZONA AVEYUMAAZ85364N/ASUPPORT CHARITY$25,000
ADOPT TOGETHER
251 W CENTRAL AVE 278SPRINGBOROOH45066N/ASUPPORT COMMUNITY$10,000
POINTBREAK VOLLEYBALL CLUB
6225 PROGRESSIVE AVESAN DIEGOCA92154N/ASUPPORT COMMUNITY$10,000
THE ROCK SCHOOL
9818 SW 24TH AVENUEGAINESVILLEFL32607N/ASUPPORT COMMUNITY$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$114,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion$1,266ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,266ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,266TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
CLUB BUSINESS CONCEPTS LLC
17710 BALBOA AVENUE SUITE 302SAN DIEGOCA92111$64,826Yes (X)
CBC COMPANY LLC
27710 BALBOA AVENUE SUITE 302SAN DIEGOCA92111$28,703Yes (X)
MICHAEL BOYD
36513 CARTHAGE STREETSAN DIEGOCA92120$44,100Yes (X)
K&M MARKETING LLC
47710 BALBOA AVENUE SUITE 302SAN DIEGOCA92111$99,000Yes (X)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
Business Tax$75
Federal$13