WILD SHEEP LEGACY FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
WILD SHEEP LEGACY FOUNDATION (EIN 46-3766422)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-28
IRS object ID
202311189349300821
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)
Return2023-04-28T12:02:15-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN830280959PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAMES REILLY CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2528AddressLine1Txt
CityCODYCityNm
State AbbreviationWYStateAbbreviationCd
ZIP82414ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463766422EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILD SHEEP LEGACY FOUNDATIONBusinessNameLine1Txt
Business Name Line2ATTN OSCAR CARLSONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWILDBusinessNameControlTxt
Phone3075276261PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16985 NORTH SHORE TRAILAddressLine1Txt
CityFOREST LAKECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55025ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOSCAR CARLSONPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone4064048751PhoneNum
Signature2023-04-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstOSCARPersonFirstNm
Person LastCARLSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES W REILLYPreparerPersonNm
PTINP00654585PTIN
Phone3075876256PhoneNum
Preparation2023-04-19PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN BABLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 OLD WILDWOOD ROADAddressLine1Txt
CityMAHTOMEDICityNm
State AbbreviationMNStateAbbreviationCd
ZIP55025ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,005,770GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTHE WILD SHEEP LEGACY FOUNDATION WILL EXCLUSIVELY SUPPORT THE CHARITABLE, CONSERVATION, SCIENTIFIC, RESEARCH AND EDUCATIONAL EFFORTS OF THE WILD SHEEP FOUNDATION.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$477,685PYContributionsGrantsAmt
CY Contributions Grants$372,768CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$981,912PYInvestmentIncomeAmt
CY Investment Income$837,713CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,459,597PYTotalRevenueAmt
CY Total Revenue$1,210,481CYTotalRevenueAmt
PY Grants And Similar Paid$665,336PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$92,497PYOtherExpensesAmt
CY Other Expenses$81,015CYOtherExpensesAmt
PY Total Expenses$757,833PYTotalExpensesAmt
CY Total Expenses$81,015CYTotalExpensesAmt
PY Revenues Less Expenses$701,764PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,129,466CYRevenuesLessExpensesAmt
Total Assets BOY$11,469,458TotalAssetsBOYAmt
Total Assets EOY$10,311,910TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,469,458NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,311,910NetAssetsOrFundBalancesEOYAmt
MissionTHE WILD SHEEP LEGACY FOUNDATION WILL EXCLUSIVELY SUPPORT THE CHARITABLE, CONSERVATION, SCIENTIFIC, RESEARCH AND EDUCATIONAL EFFORTS OF THE WILD SHEEP FOUNDATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$79,665ExpenseAmt
DescTHE WILD SHEEP LEGACY FOUNDATION WILL EXCLUSIVELY SUPPORT THE CHARITABLE, CONSERVATION, SCIENTIFIC, RESEARCH AND EDUCATIONAL EFFORTS OF THE WILD SHEEP FOUNDATION.Desc
Total Program Service Expenses$79,665TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJAMES W REILLY CPAPersonNm
Phone3075876256PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2528AddressLine1Txt
CityCODYCityNm
State AbbreviationWYStateAbbreviationCd
ZIP82414ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LEE ANDERSON
CHAIR EMERIT2.00Yes (X)$0$0$0
JOHN BABLER
TREASURER2.00Yes (X)$0$0$0Yes (X)
STEVE BRUGGEMAN
TRUSTEE2.00Yes (X)$0$0$0Yes (X)
TONY CALIGIURI
TRUSTEE2.00Yes (X)$0$0$0
OSCAR CARLSON
CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
GLEN PYNE DVM
TRUSTEE2.00Yes (X)$0$0$0
ROBERT HANSON
SECRETARY2.00Yes (X)$0$0$0Yes (X)
ROGER MCCOSKER
TRUSTEE2.00Yes (X)$0$0$0
KEVIN RINKE
TRUSTEE2.00Yes (X)$0$0$0
LOUIS RUPP
TRUSTEE2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$372,768AllOtherContributionsAmt
Total Contributions$372,768TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$212,860TotalRevenueColumnAmt
Related Or Exempt Func Income$212,860RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,420,142SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,795,289SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$624,853SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$624,853TotalRevenueColumnAmt
Related Or Exempt Func Income$624,853RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,210,481TotalRevenueColumnAmt
Related Or Exempt Func Income$837,713RelatedOrExemptFuncIncomeAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,350TotalAmt
Management And General$1,350ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$77,616TotalAmt
Program Services$77,616ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,700TotalAmt
Program Services$1,700ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTAXES & LICENSESDesc
Total$349TotalAmt
Program Services$349ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$81,015TotalAmt
Program Services$79,665ProgramServicesAmt
Management And General$1,350ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,250BOYAmt
EOY$16,850EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$765,387BOYAmt
EOY$1,202,454EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$10,701,821BOYAmt
EOY$9,092,606EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,469,458BOYAmt
EOY$10,311,910EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,469,458BOYAmt
EOY$10,311,910EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,469,458BOYAmt
EOY$10,311,910EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,469,458BOYAmt
EOY$10,311,910EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,129,466ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,287,014NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$105,076CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$188,407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$375,799CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$477,685CurrentTaxYearMinus1YearAmt
Current Tax Year$372,768CurrentTaxYearAmt
Total$1,519,735TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$171,501CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$179,228CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$145,513CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,306CurrentTaxYearMinus1YearAmt
Current Tax Year$212,860CurrentTaxYearAmt
Total$812,408TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$276,577CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$367,635CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$521,312CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$580,991CurrentTaxYearMinus1YearAmt
Current Tax Year$585,628CurrentTaxYearAmt
Total$2,332,143TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,332,143PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$276,577CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$367,635CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$521,312CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$580,991CurrentTaxYearMinus1YearAmt
Current Tax Year$585,628CurrentTaxYearAmt
Total$2,332,143TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, PART I, LINE 6VOLUNTEERS GIVE THEIR TIME TO MANAGE FUNDS RAISED BY THE FOUNDATION AND GIVE FINANCIAL GUIDANCE TO THE WILD SHEEP FOUNDATION.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST TO THE FOUNDATIONS CHAIRMAN.
FORM 990, PART XI, LINE 9ROUNDING 0

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