FANTICOLA FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FANTICOLA FAMILY FOUNDATION INC (EIN 45-4080140)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-06-02
IRS object ID
202321539349101102
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)
Return2023-06-02T15:45:41-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953541142PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1James Jay Smith Accountancy CorporationBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1383 East Rowland StreetAddressLine1Txt
CityCovinaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91723ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454080140EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Fanticola Family Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFANTBusinessNameControlTxt
Phone7144444940PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11422 Edinger Avenue 150AddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92780ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoAnn FanticolaPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2023-05-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJoAnnPersonFirstNm
Person LastFanticolaPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJames J SmithPreparerPersonNm
PTINP01382838PTIN
Phone6269668351PhoneNum

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)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$19,649DividendsRevAndExpnssAmt
Dividends Net Invst Incm$19,649DividendsNetInvstIncmAmt
Dividends Adj Net Incm$19,649DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$10,108NetGainSaleAstRevAndExpnssAmt
Total Rev And Expnss$9,553TotalRevAndExpnssAmt
Total Net Invst Incm$19,661TotalNetInvstIncmAmt
Total Adj Net Incm$19,661TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$795AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$1,701OtherProfFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,496TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$39,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$39,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$41,496TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$39,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$31,943ExcessRevenueOverExpensesAmt
Net Investment Income$19,661NetInvestmentIncomeAmt
Adjusted Net Income$19,661AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,892CashBOYAmt
Cash EOY$18,507CashEOYAmt
Other Assets BOY$617,294OtherAssetsBOYAmt
Other Assets EOY$725,997OtherAssetsEOYAmt
Total Assets BOY$621,186TotalAssetsBOYAmt
Total Assets EOY$744,504TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$621,186NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$744,504NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$621,186TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$744,504TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$621,186TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$744,504TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$621,186TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$31,943ExcessRevenueOverExpensesAmt
Other Increases$294,310OtherIncreasesAmt
Subtotal$883,553SubtotalAmt
Other Decreases$139,049OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$744,504TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$273InvestmentIncomeExciseTaxAmt
Subtotal$273SubtotalAmt
Tax Based On Investment Income$273TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$532EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$532TotalPaymentsAndCreditsAmt
Overpayment$259OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$259RefundAmt

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 StateDEOrgReportOrRegisterStateCd
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 Line1Heather HerbergerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7144444940PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11422 Edinger Avenue Suite 150AddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92780ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Anthony Fanticola
1422 Edinger Ave Ste 150TustinCA92780President0.00$0
JoAnn Fanticola
1422 Edinger Ave Ste 150TustinCA92780Treasurer0.00$0
Heather Herberger
1422 Edinger Ave Ste 150TustinCA92780Secretary0.00$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$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$273TaxBasedOnInvestmentIncomeAmt
Total Tax$273TotalTaxAmt
Distributable Before Adj$273DistributableBeforeAdjAmt
Distributable Before Ded$273DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$39,000ExpensesAndContributionsAmt
Qualifying Distributions$39,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$15,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$17,500ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$19,180ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$24,250ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$15,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$90,930TotalExcessDistributionCyovAmt
Qualifying Distributions$39,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$39,000RemainingDistriFromCorpusAmt
Total Corpus$129,930TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$15,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$114,930ExcessDistriCyovToNextYrAmt
Excess From Year4$17,500ExcessFromYear4Amt
Excess From Year3$19,180ExcessFromYear3Amt
Excess From Year2$24,250ExcessFromYear2Amt
Excess From Year1$15,000ExcessFromYear1Amt
Excess From Current Year$39,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEWPORT BEACH JUNIOR LIFEGUARD
1090 SEA BLUFF DRCOSTA MESACA92627NONENCDONATION$5,500
OUR LADY OF MOUNT CARMEL PARISH
1441 W BALBOA BLVDNEWPORT BEACHCA92661NONENCOONATION$5,500
CHILDREN'S HOSPITAL LOS ANGELES
4650 SUNSET BLVD 29LOS ANGELESCA90027NONENCDONATION$5,500
SECOND HARVEST FOOD BANK
8014 MARINE WAYIRVINECA92618NONENCDONATION$6,000
NEWPORT BEACH POLICE ASSOCIATION
2549 EASTBLUFF DRIVE 358NEWPORT BEACHCA92660NONENCDONATION$5,500
MERGING VETS AND PLAYERS ASSOCIATIO
11700 W CHARLESTON BLVD 170-703LAS VEGASNV89118NONENCDONATION$5,500
TUNNEL TO TOWRRS FOUNDATION
2361 HYLAN BLVDSTATEN ISLANDNY10306NONENCDONATION$5,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$39,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion$12ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion$19,649ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion-$10,108ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$9,553ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$9,553TotalIncomeProducingActyAmt

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)
CategoryJAMES JAY SMITH ACCOUNTANCY CORPORATIONCategoryTxt
Amt$795Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
UBS-0487$617,294$493,518
UBS-0523$232,479

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescDECREASE IN MARKET VALUEDesc
Amt$139,049Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescOther IncreasesDesc
Amt$294,310Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CT CORPORATION$370$0$0$0
SECRETARY OF STATE$25$0$0$0
UBS ADVISORY FEES$1,306$0$0$0

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