SSS FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SSS FOUNDATION INC (EIN 32-0314794)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-05-02
IRS object ID
202521229349102132
Schema version
2023v6.0
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)
Return2025-05-02T18:38:04-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592921780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WELLS HOUSER & SCHATZEL PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 94TH AVE NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337022406ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320314794EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SSS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSSSFBusinessNameControlTxt
Phone7275781040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 94TH AVENUE NORTHAddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33072ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETER C SCHATZELPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7275781040PhoneNum
Signature2025-05-02SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER C SCHATZELPreparerPersonNm
PTINP00430290PTIN
Phone7275781040PhoneNum
Preparation2025-05-02PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$111,285FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,454,774ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$80,807InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$80,807InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,337DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,337DividendsNetInvstIncmAmt
Total Rev And Expnss$1,538,918TotalRevAndExpnssAmt
Total Net Invst Incm$84,144TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$3,398OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,470OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$3,398TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,470TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,139,770ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,139,770ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,143,168TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,470TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,139,770TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$395,750ExcessRevenueOverExpensesAmt
Net Investment Income$81,674NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$103,610CashBOYAmt
Cash EOY$1,530,839CashEOYAmt
Sav And Temp Cash Invst BOY$5,137,719SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,106,240SavAndTempCashInvstEOYAmt
Acct Rcvbl$200AcctRcvblAmt
Acct Rcvbl BOY$200AcctRcvblBOYAmt
Acct Rcvbl EOY$200AcctRcvblEOYAmt
Corporate Stock BOY$49,852CorporateStockBOYAmt
Corporate Stock EOY$49,852CorporateStockEOYAmt
Corporate Stock EOYFMV$111,285CorporateStockEOYFMVAmt
Total Assets BOY$5,291,381TotalAssetsBOYAmt
Total Assets EOY$5,687,131TotalAssetsEOYAmt
Total Assets EOYFMV$111,285TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$5,291,381NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$5,687,131NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$5,291,381TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,687,131TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,291,381TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,687,131TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,291,381TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$395,750ExcessRevenueOverExpensesAmt
Subtotal$5,687,131SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,687,131TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,135InvestmentIncomeExciseTaxAmt
Subtotal$1,135SubtotalAmt
Tax Based On Investment Income$1,135TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$9EsPenaltyAmt
Tax Due$1,144TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
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 StateFLOrgReportOrRegisterStateCd
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
Individual With BooksPETER C SCHATZELIndividualWithBooksNm
Phone7275781040PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1500 94TH AVENUE NORTHAddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337022406ZIPCd
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 OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAYAPRAKASH K KAMATH
500 94TH AVENUE NORTHST PETERSBURGFL337022406PRESIDENT0.50$0$0$0
GEETHA J KAMATH
500 94TH AVENUE NORTHST PETERSBURGFL337022406SECRETARY0.75$0$0$0
PETER C SCHATZEL
500 94TH AVENUE NST PETERSBURGFL337022406TREASURER0.25$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$112,741AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,805,800AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$200FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,918,741TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,918,741AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$73,781CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,844,960NetVlNoncharitableAssetsAmt
Minimum Investment Return$242,248MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$242,248MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,135TaxBasedOnInvestmentIncomeAmt
Total Tax$1,135TotalTaxAmt
Distributable Before Adj$241,113DistributableBeforeAdjAmt
Distributable Before Ded$241,113DistributableBeforeDedAmt
Distributable As Adjusted$241,113DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,139,770ExpensesAndContributionsAmt
Qualifying Distributions$1,139,770QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$241,113DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$797,915ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$877,633ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$436,536ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,161,436ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$875,667ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,149,187TotalExcessDistributionCyovAmt
Qualifying Distributions$1,139,770QualifyingDistributionsAmt
Applied To Current Year$241,113AppliedToCurrentYearAmt
Remaining Distri From Corpus$898,657RemainingDistriFromCorpusAmt
Total Corpus$5,047,844TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$797,915ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,249,929ExcessDistriCyovToNextYrAmt
Excess From Year4$877,633ExcessFromYear4Amt
Excess From Year3$436,536ExcessFromYear3Amt
Excess From Year2$1,161,436ExcessFromYear2Amt
Excess From Year1$875,667ExcessFromYear1Amt
Excess From Current Year$898,657ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAYAPRAKASH K AND GEETHA J KAMATHContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonPETER SCHATZELRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1500 94TH AVENUE NORTHAddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33072ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7275781040RecipientPhoneNum
Form And Info And MaterialsTHE FOUNDATION USES A STANDARD GRANT APPLICATION FORM. THE APPLICATION FORM INCLUDES ALL INFORMATION ABOUT THE CHARITABLE ORGANIZATION NECESSARY FOR THE FOUNDATION'S CONSIDERATION. HOWEVER, THE FOUNDATION DOES NOT ACCEPT UNSOLICITED GRANT APPLICATION REQUESTS.FormAndInfoAndMaterialsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtBusiness Name Line2RecipientBusinessName/BusinessNameLine2TxtAddress Line2RecipientUSAddress/AddressLine2Txt
ST PETERSBURG FREE CLINIC
863 3RD AVENUE NORTHST PETERSBURGFL33701NONE509(A)(1)PROVIDE FOOD, SHELTER, MEDICAL CARE$2,120
DHAMMA WHEEL MEDITATION
1518 SOUTH HAVEN DRIVECLEARWATERFL33764NONE509(A)(1)OPERATING PURPOSES$5,000SOCIETY
ST VINCENT DE PAUL CARES
381 15TH STREET NST PETERSBURGFL33705NONE509(A)(1)MEALS AND REST ROOMS FOR HOMELESS$3,000
HINDU TEMPLE OF FLORIDA
5509 LYNN ROADTAMPAFL33624NONE509(A)1RELIGIOUS WORSHIP AND PROMOTE PEACE$1,000
SRI SATHYA SAI GLOBAL FOUNDATION
5716 STONE SCHOOL LANEFREDERICKMD21704NONE509(A)(1)HUMANITARIAN PROJECTS$25,000
SRI SATHYA SAI GLOBAL FOUNDATION
5716 STINE SCHOOL LANEFREDERICKMD21704NONE509(A)(1)HUMANITARIAN PROJECTS$10,000
SRI SATHYA SAI CENTRAL TRUST
PRASANTHI NILAYAMINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$350,000ANANTAPUR DT AP
SRI SATHYA SAI CENTRAL TRUST
PRASANTHI NILAYAMINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$300,000ANANTAPUR DT AP
SRI SATHYA SAI CENTRAL TRUST
PRASANTHI NILAYAMINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$300,000ANANTAPUR DT AP
ISHWARAMBA TRUST
4 CROSS ROAD GANDHINAGARINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$7,000MANGALORE KARNATAKA
SRI SATHYA SAI TRUST KARNATAKA
BRINDAVAN KADUGODA POINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$25,000BANGALORE KARNATAKA
SRI SATHYA SAI TRUST KARNATAKA
BRINDAVAN KADUGODA POINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$25,000BANGALORE KARNATAKA
SRI SATHYA SAI TRUST KARNATAKA
BRINDAVAN KADUGODA POINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$10,000BANGALORE KARNATAKA
SRI SATHYA SAI TRUST KARNATAKA
BRINDAVAN KADUGODA POINDIAFL33702NONER PROC 92-94SEE ATTACHED REV PRO 92-94 STATEMENT$15,050BANGALORE KARNATAKA
SRI SATHYA SAI TRUST
ANDHERI EAST MUMBAIINDIAFL33702NONERPROC 92-94SEE ATTACHED REV PRO92-94 STATEMENT$15,000MANGALORE KARNATAKA
BHAGAWAN SRI SATHYA SAI SEVA TRUST
VIDYA KENDRA CHOKKADIINDIAFL33702NONERPROC 92-94SEE ATTACHED REV PROC92-94 STATEMENT$5,000ARARAPADNOOR KARNATAKA
JSS ACADEMY OF HIGHER EDUCATION
NAGARE BANNIMANTAPINDIAFL33702NONE92-94SEE ATTACHED REV PROC92-94 STATEMENT$41,600MYSURU KARNATAKA
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,139,770TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$80,807ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,337ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$84,144ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$84,144TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJAYAPRAKASH K AND GEETHA J KAMATHContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12422 KENT PLACEAddressLine1Txt
CityCLEARWATERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33764ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,454,774TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockJOHNSON & JOHNSON 710 SHARESStockNm
EOY Book Value$49,852EOYBookValueAmt
EOYFMV$111,285EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES$928
FINANCIAL ADVISOR$2,470$2,470

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