WAHOOS FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
WAHOOS FAMILY FOUNDATION (EIN 45-0472265)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-15
IRS object ID
202321359349101712
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)
Return2023-05-15T07:21:06-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330212086PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RM White & AssociatesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line123 Corporate Plaza Dr Suite 150AddressLine1Txt
CityNewport BeachCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450472265EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Wahoos Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAHOBusinessNameControlTxt
Phone9492220670PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11185 Warner AvenueAddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92780ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENATO LEEPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRENATOPersonFirstNm
Person LastLEEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRichard WhitePreparerPersonNm
PTINP00116481PTIN
Phone9494747012PhoneNum

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$1,144,344FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$396InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$396InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$396InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,426DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,426DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,426DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$126,801NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$220,091GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$126,801CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$149,623TotalRevAndExpnssAmt
Total Net Invst Incm$149,623TotalNetInvstIncmAmt
Total Adj Net Incm$22,822TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$165LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$165LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$850AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$850AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$9,276OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,276OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$300OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$300OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$10,591TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,591TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$67,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$67,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$77,991TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,591TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$67,400TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$71,632ExcessRevenueOverExpensesAmt
Net Investment Income$139,032NetInvestmentIncomeAmt
Adjusted Net Income$22,822AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,634CashBOYAmt
Cash EOY$13,695CashEOYAmt
Corporate Stock BOY$703,714CorporateStockBOYAmt
Corporate Stock EOY$761,694CorporateStockEOYAmt
Corporate Stock EOYFMV$1,136,706CorporateStockEOYFMVAmt
Corporate Bonds BOY$4,989CorporateBondsBOYAmt
Corporate Bonds EOY$4,990CorporateBondsEOYAmt
Corporate Bonds EOYFMV$5,082CorporateBondsEOYFMVAmt
Other Investments BOY$307OtherInvestmentsBOYAmt
Other Investments EOY$307OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,556OtherInvestmentsEOYFMVAmt
Total Assets BOY$710,644TotalAssetsBOYAmt
Total Assets EOY$780,686TotalAssetsEOYAmt
Total Assets EOYFMV$1,144,344TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$710,644NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$780,686NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$710,644TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$780,686TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$710,644TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$780,686TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$710,644TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$71,632ExcessRevenueOverExpensesAmt
Subtotal$782,276SubtotalAmt
Other Decreases$1,590OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$780,686TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCHARLES SCHWABPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2001-01-01AcquiredDt
Sold2022-12-31SoldDt
Gross Sales Price$220,091GrossSalesPriceAmt
Cost Or Other Basis$93,290CostOrOtherBasisAmt
Gain Or Loss$126,801GainOrLossAmt
Gains Minus Excess Or Losses$126,801GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$126,801CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,933InvestmentIncomeExciseTaxAmt
Subtotal$1,933SubtotalAmt
Tax Based On Investment Income$1,933TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$740EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$740TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$18EsPenaltyAmt
Tax Due$1,211TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1RENATO LEEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9492220670PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11185 Warner AvenueAddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP927806458ZIPCd
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
EDUARDO LEE
2855 PULLMAN STREETSANTA ANACA92705Director1.00$0
RENATO LEE
2855 PULLMAN STREETSANTA ANACA92705Director2.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE ENTITY ONLY EXISTS TO FURTHER THE WORK OF OTHERQUALIFIED NON-PROFIT 501(C)(3) ORGANIZATIONS AND DOES NOT CONDUCT AY OF ITS OWN ACTIVITIES.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

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

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1,933TaxBasedOnInvestmentIncomeAmt
Total Tax$1,933TotalTaxAmt
Distributable Before Adj$1,933DistributableBeforeAdjAmt
Distributable Before Ded$1,933DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$67,400ExpensesAndContributionsAmt
Qualifying Distributions$67,400QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$710ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$15,594ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$930ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$51,100ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$65,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$133,834TotalExcessDistributionCyovAmt
Qualifying Distributions$67,400QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$67,400RemainingDistriFromCorpusAmt
Total Corpus$201,234TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$710ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$200,524ExcessDistriCyovToNextYrAmt
Excess From Year4$15,594ExcessFromYear4Amt
Excess From Year3$930ExcessFromYear3Amt
Excess From Year2$51,100ExcessFromYear2Amt
Excess From Year1$65,500ExcessFromYear1Amt
Excess From Current Year$67,400ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DOCTORS WITHOUT BORDERS
333 7TH AVENUE 2ND FLNEW YORKNY10001PCFUND ONGOING SERVICES FOR NEEDS$3,000
SOMEONE CARES SOUP KITCHEN
720 W 19TH STREETCOSTA MESACA92626PCONGOING COMMUNITY SERVICE$1,000
THOMAS HOUSE FAMILY SHELTER
PO BOX 2737GARDEN GROVECA92842PCFUND ONGOING SERVICES FOR NEEDS$26,000
WAHOO'S SCHOLARSHIP
2855 PULLMAN STREETSANTA ANACA92705VARIOUSSCHOOL FUND ONGOING SERVICES FOR NEEDS$31,400
Best Friends Animal Shelter
15321 S Brand BlvdMission HillsCA91345PCFUND ONGOING SERVICES FOR NEEDS$2,000
African Wildlife Foundation
1100 New Jersey Ave SE Suite 900WashingtonDC20003PCTO SUPPORT THE CARE OF ANIMALS IN NEED$1,000
Leukemia Lymphoma Society
3 International Drive Suite 200Rye BrookNY10573PCFUND ONGOING SERVICES FOR NEEDS$2,000
Guiding Eyes for the Blind
611 Granite Springs RoadYorktown HeightsNY10573PCFUND ONGOING SERVICES FOR NEEDS$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$67,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$396RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$22,426RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$126,801RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$149,623RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$149,623TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$850Amt
Net Investment Income$850NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$165LegalFeesAmt
Net Investment Income$165NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescOther decreaseDesc
Amt$1,590Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescOFFICE SUPPLIESDesc
Revenue And Expenses Per Books$300RevenueAndExpensesPerBooksAmt
Net Investment Income$300NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADR Fees$25$25$0$0
Investment Advisory Fees$9,251$9,251$0$0

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