ECONOMY DATA FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ECONOMY DATA FOUNDATION (EIN 42-1152386)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-07-18
IRS object ID
202321999349100407
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)
Return2023-07-18T06:01:23-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420721983PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Timmins Jacobsen & Strawhacker LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110550 New York Ave Suite 200AddressLine1Txt
CityDes MoinesCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50322ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN421152386EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ECONOMY DATA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlECONBusinessNameControlTxt
Phone3035225922PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1694 SYRACUSE STAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80230ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANN TORGERSONPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-07-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANNPersonFirstNm
Person LastTORGERSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY F STRAWHACKER CPAPreparerPersonNm
PTINP00034782PTIN
Phone5152708080PhoneNum

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$1,218,007FMVAssetsEOYAmt
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$44InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$44InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$44InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$37,273DividendsRevAndExpnssAmt
Dividends Net Invst Incm$37,273DividendsNetInvstIncmAmt
Dividends Adj Net Incm$37,273DividendsAdjNetIncmAmt
Total Rev And Expnss$37,317TotalRevAndExpnssAmt
Total Net Invst Incm$37,317TotalNetInvstIncmAmt
Total Adj Net Incm$37,317TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$375AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$375AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$1,192TaxesRevAndExpnssAmt
Taxes Adj Net Incm$1,192TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,942TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$375TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,192TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$375TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$65,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$65,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,942TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$375TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,192TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$65,375TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,625ExcessRevenueOverExpensesAmt
Net Investment Income$36,942NetInvestmentIncomeAmt
Adjusted Net Income$36,125AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$52,007CashBOYAmt
Cash EOY$22,382CashEOYAmt
Cash EOYFMV$22,382CashEOYFMVAmt
Other Investments BOY$274,496OtherInvestmentsBOYAmt
Other Investments EOY$274,496OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,195,625OtherInvestmentsEOYFMVAmt
Total Assets BOY$326,503TotalAssetsBOYAmt
Total Assets EOY$296,878TotalAssetsEOYAmt
Total Assets EOYFMV$1,218,007TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$220,798CapitalStockBOYAmt
Capital Stock EOY$220,798CapitalStockEOYAmt
Retained Earning BOY$105,705RetainedEarningBOYAmt
Retained Earning EOY$76,080RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$326,503TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$296,878TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$326,503TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$296,878TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$326,503TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,625ExcessRevenueOverExpensesAmt
Subtotal$296,878SubtotalAmt
Tot Net Ast Or Fund Balances EOY$296,878TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$513InvestmentIncomeExciseTaxAmt
Subtotal$513SubtotalAmt
Tax Based On Investment Income$513TaxBasedOnInvestmentIncomeAmt
Tax Due$513TaxDueAmt
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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1ANN TORGERSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3035225922PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1694 SYRACUSE STAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80230ZIPCd
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
ANN TORGERSON
694 SYRACUSE STDENVERCO80230President1.00$0
ANDREW MASON
6112 ASHCROFT AVENUEEDINAMN55424Secretary1.00$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$1,224,171AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$37,195AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,261,366TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,261,366AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,920CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,242,446NetVlNoncharitableAssetsAmt
Minimum Investment Return$62,122MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$62,122MinimumInvestmentReturnAmt
Tax Based On Investment Income$513TaxBasedOnInvestmentIncomeAmt
Total Tax$513TotalTaxAmt
Distributable Before Adj$61,609DistributableBeforeAdjAmt
Distributable Before Ded$61,609DistributableBeforeDedAmt
Distributable As Adjusted$61,609DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$65,375ExpensesAndContributionsAmt
Qualifying Distributions$65,375QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$61,609DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$11,121ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$284ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,469ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$12,874TotalExcessDistributionCyovAmt
Qualifying Distributions$65,375QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$61,609AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,766RemainingDistriFromCorpusAmt
Total Corpus$16,640TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$16,640ExcessDistriCyovToNextYrAmt
Excess From Year4$11,121ExcessFromYear4Amt
Excess From Year3$284ExcessFromYear3Amt
Excess From Year2$1,469ExcessFromYear2Amt
Excess From Current Year$3,766ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LOWRY FOUNDATION
293 ROSLYN STREETDENVERCO80230NONECHARITABLE$2,000
HOYT ARBORETUM
4000 SW FAIRVIEW BLVDPORTLANDOR97221NONECHARITABLE$3,000
DONATE LIFE NORTHWEST
PO BOX 532PORTLANDOR97207NONECHARITABLE$2,000
NICK WILSON CHARITABLE GROUP
PO BOX 80852PORTLANDOR97280NONECHARITABLE$2,000
LEAP THERAPEUTIC WILDERNESS PROGRAM
806 SW BROADWAY SUITE 300PORTLANDOR97205NONECHARITABLE$1,000
DENVER BOTANIC GARDENS
909 YORK STDENVERCO80206NONECHARITABLE$2,000
DIRECT RELIEF
6100 WALLACE BECKNELL ROADSANTA BARBARACA93117NONECHARITABLE$2,000
AMERICARES
88 HAMILTON AVENUESTAMFORDCT06902NONECHARITABLE$2,000
WORLD HOPE INTERNATIONAL
PO BOX 743794ATLANTAGA30374NONECHARITABLE$1,000
SANDY HOOK PROMISE FOUNDATION
PO BOX 3489NEWTOWNCT06470NONECHARITABLE$5,000
PLANNED PARENTHOOD OF MN
1200 LAGOON AVENUEMINNEAPOLISMN55408NONECHARITABLE$4,000
PLANNED PARENTHOOD OF THE ROCKY MOU
7155 E 38TH AVENUEDENVERCO80207NONECHARITABLE$4,000
PLANNED PARENTHOOD COLUMBIA WILLAME
3727 NE MARTIN LUTHER KING BLVDPORTLANDOR97212NONECHARITABLE$4,000
PLANNED PARENTHOOD OF THE HEARTLAND
PO BOX 4557DES MOINESIA50305NONECHARITABLE$4,000
THE ROTARY FOUNDATION
1560 SHERMAN AVENUEEVANSTONIL60201NONECHARITABLE$2,000
FRIENDS OF OUTDOOR SCHOOL
PO BOX 82684PORTLANDOR97282NONECHARITABLE$1,000
JEWISH FAMILY SERVICES OF COLORADO
3201 S TAMARAC DRIVEDENVERCO80231NONECHARITABLE$3,000
CRAIG HOSPITAL
3425 S CLARKSON STREETENGLEWOODCO80113NONECHARITABLE$2,000
TREE TRUST
2231 EDGEWOOD AVENUE SST LOUIS PARKMN55426NONECHARITABLE$2,000
LOWRY ELEMENTARY PTO
8001 E CEDAR AVENUEDENVERCO80230NONECHARITABLE$2,000
YMCA CAMP WIDJIWAGAN
NW5901 PO BOX 1450MINNEAPOLISMN55485NONECHARITABLE$2,000
PLANNED PARENTHOOD ACTION FUND
PO BOX 96771WASHINGTONDC20090NONECHARITABLE$4,000
THE GRAND FOUNDATION
PO BOX 1342WINTER PARKCO80482NONECHARITABLE$4,000
CLEAN WATER FUND
301 4TH AVENUE S STE 365NMINNEAPOLISMN55415NONECHARITABLE$2,000
HABITAT FOR HUMANITY OF METRO DENVE
PO BOX 5202DENVERCO80217NONECHARITABLE$2,000
THE DENVER CHERRY CREEK ROTARY FDN
PO BOX 460763DENVERCO80246NONECHARITABLE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$65,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$44RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$37,273RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$37,317RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$37,317TotalIncomeProducingActyAmt

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)
Category990-PF PREPARATIONCategoryTxt
Amt$750Amt
Net Investment Income$375NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$375DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category2021 TAX RETURN FILINGCategoryTxt
Amt$1,192Amt
Adjusted Net Income$1,192AdjustedNetIncomeAmt

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