REAP FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
REAP FOUNDATION (EIN 41-2261098)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-12
IRS object ID
202341329349104604
Schema version
2021v4.0
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)
Return2023-05-12T20:25:29-04:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN852613310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRADLEY M NOELLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16247 WESTERN SIERRA WAYAddressLine1Txt
CityEL DORADO HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95762ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN412261098EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REAP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREAPBusinessNameControlTxt
Phone5413080589PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 170AddressLine1Txt
CityODELLCityNm
State AbbreviationORStateAbbreviationCd
ZIP97044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARTHEA NOELLPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5597308070PhoneNum
Signature2023-05-12SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARTHEAPersonFirstNm
Person LastNOELLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRADLEY M NOELLPreparerPersonNm
PTINP01345722PTIN
Phone6617250186PhoneNum
Preparation2023-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,476,055FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,300,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$15InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$15InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$60,397DividendsRevAndExpnssAmt
Dividends Net Invst Incm$60,397DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$15,782NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$96,243GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$15,782CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,376,194TotalRevAndExpnssAmt
Total Net Invst Incm$76,194TotalNetInvstIncmAmt
Taxes Rev And Expnss$2,926TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$120OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,046TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$122,387ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$122,387ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$125,433TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$122,387TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,250,761ExcessRevenueOverExpensesAmt
Net Investment Income$76,194NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$254,670CashBOYAmt
Cash EOY$230,736CashEOYAmt
Cash EOYFMV$230,736CashEOYFMVAmt
Corporate Stock BOY$1,275,342CorporateStockBOYAmt
Corporate Stock EOY$2,550,037CorporateStockEOYAmt
Corporate Stock EOYFMV$2,245,319CorporateStockEOYFMVAmt
Total Assets BOY$1,530,012TotalAssetsBOYAmt
Total Assets EOY$2,780,773TotalAssetsEOYAmt
Total Assets EOYFMV$2,476,055TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,530,012RetainedEarningBOYAmt
Retained Earning EOY$2,780,773RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,530,012TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,780,773TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,530,012TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,780,773TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,530,012TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,250,761ExcessRevenueOverExpensesAmt
Subtotal$2,780,773SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,780,773TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VANGUARD INVESTMENTS DETAILS ON REQP2020-12-012021-07-21$71,215$59,900$11,315$11,315
VANGUARD INVESTMENTS DETAILS ON REQP2020-12-012021-12-27$25,028$20,561$4,467$4,467
FieldValueIRS element (for citing)
Capital Gain Net Income$15,782CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$11,315NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,059InvestmentIncomeExciseTaxAmt
Subtotal$1,059SubtotalAmt
Tax Based On Investment Income$1,059TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,858EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,858TotalPaymentsAndCreditsAmt
Overpayment$799OverpaymentAmt
Applied To ES Tax$799AppliedToESTaxAmt

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 AddressREAPFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksMARTHEA NOELLIndividualWithBooksNm
Phone5413080589PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 401AddressLine1Txt
CityGLENBROOKCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89413ZIPCd
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
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 (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID EVANS
PO BOX 170ODELLOR97044PRESIDENT2.00$0$0$0
PETER HARMAN
PO BOX 170ODELLOR97044EXEC VP1.00$0$0$0
ROBERT REINIERS
1095 E GREEN STREETPASADENACA91106SECRETARY0.50$0$0$0
MARTHEA NOELL
PO BOX 401GLENBROOKNV89413TREASURER0.50$0$0$0
TOM ROONEY
371 E HERMOSALINDSAYCA93247DIRECTOR1.00$0$0$0
CHRISTINA TORRES
1849 E TULARE AVELINDSAYCA93247DIRECTOR1.00$0$0$0
YOLANDA VALDEZ
12623 AVE 416OROSICA93647DIRECTOR1.00$0$0$0
LISA CASTILLO
12623 AVE 416OROSICA93647DIRECTOR1.00$0$0$0
KRISTIN REINIERS
1095 E GREEN STPASADENACA91106DIRECTOR0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,660,504AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$260,530AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,921,034TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,921,034AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$28,816CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,892,218NetVlNoncharitableAssetsAmt
Minimum Investment Return$94,611MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$94,611MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,059TaxBasedOnInvestmentIncomeAmt
Total Tax$1,059TotalTaxAmt
Distributable Before Adj$93,552DistributableBeforeAdjAmt
Distributable Before Ded$93,552DistributableBeforeDedAmt
Distributable As Adjusted$93,552DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$122,387ExpensesAndContributionsAmt
Qualifying Distributions$122,387QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$93,552DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$9,471ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$29,860ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$39,331TotalExcessDistributionCyovAmt
Qualifying Distributions$122,387QualifyingDistributionsAmt
Applied To Current Year$93,552AppliedToCurrentYearAmt
Remaining Distri From Corpus$28,835RemainingDistriFromCorpusAmt
Total Corpus$68,166TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$68,166ExcessDistriCyovToNextYrAmt
Excess From Year4$9,471ExcessFromYear4Amt
Excess From Year1$29,860ExcessFromYear1Amt
Excess From Current Year$28,835ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CUTLER OROSI UNFIED SCHOOL DISTRICT
12623 AVE 416OROSICA93647NONEPUBLIC SCHOOSUPPORT COLLEGE SCHOLARSHIPS AWARDS$97,387
LINDSAY UNIFIED SCHOOL DISTRICT
371 E HERMOSALINDSAYCA93247NONEPUBLIC SCHOOSUPPORT COLLEGE SCHOLARSHIP AWARDS$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$122,387TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$60,397ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,782RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$60,412ExclusionAmt
Related Or Exempt Function Incm$15,782RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$76,194TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
DAVID POLLY EVANS
13004 FIR MOUNTAIN ROADHOOD RIVEROR97031$200,000Yes (X)
ROBERT BETSY REINERS
21095 E GREEN STREETPASADENACA91104$1,100,000Yes (X)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockVANGUARD INVESTMENTSStockNm
EOY Book Value$2,550,037EOYBookValueAmt
EOYFMV$2,245,319EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
SUPPLIES$80
STATE FILING FEES$40

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXESCategoryTxt
Amt$2,926Amt

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