GRIDLEY FAM FOUNDATION TR: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GRIDLEY FAM FOUNDATION TR (EIN 04-3528697)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-02
IRS object ID
202342149349100909
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)
Return2023-08-02T09:58:00-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN201564384PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANNEMAN CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13455 N AMIDON AVEAddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP672044147ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043528697EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRIDLEY FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRIDBusinessNameControlTxt
Phone3167336485PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 49173AddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCURTIS GRIDLEYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3167336485PhoneNum
Signature2023-07-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCURTISPersonFirstNm
Person LastGRIDLEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN M MONTIEL CPAPreparerPersonNm
PTINP01624829PTIN
Phone3168321123PhoneNum
Preparation2023-07-18PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$4,376,737FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$9,354DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,354DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$2,531NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$83,998GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$963OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$7,786TotalRevAndExpnssAmt
Total Net Invst Incm$9,354TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$1,915LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,050AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$2,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$426InterestRevAndExpnssAmt
Interest Net Invst Incm$0InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$426InterestDsbrsChrtblAmt
Taxes Rev And Expnss$12,198TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$12,025TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$205,674DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$8,937OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$301OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$8,636OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$233,200TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$301TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$21,087TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$40,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$40,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$274,000TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$301TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$61,887TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$266,214ExcessRevenueOverExpensesAmt
Net Investment Income$9,053NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$11,616CashBOYAmt
Cash EOY$40,184CashEOYAmt
Cash EOYFMV$40,184CashEOYFMVAmt
Sav And Temp Cash Invst BOY$10,473SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$916SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$916SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$588,496CorporateStockBOYAmt
Corporate Stock EOY$501,966CorporateStockEOYAmt
Corporate Stock EOYFMV$481,128CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$4,486,728LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$632,219LandBldgEquipAccumDeprecAmt
Land BOY$4,060,183LandBOYAmt
Land EOY$3,854,509LandEOYAmt
Land EOYFMV$3,854,509LandEOYFMVAmt
Total Assets BOY$4,670,768TotalAssetsBOYAmt
Total Assets EOY$4,397,575TotalAssetsEOYAmt
Total Assets EOYFMV$4,376,737TotalAssetsEOYFMVAmt
Loans From Officers BOY$269,835LoansFromOfficersBOYAmt
Loans From Officers EOY$269,835LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY$13,626MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$6,647MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY$283,461TotalLiabilitiesBOYAmt
Total Liabilities EOY$276,482TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,388,450CapitalStockBOYAmt
Capital Stock EOY$1,388,450CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$2,998,857RetainedEarningBOYAmt
Retained Earning EOY$2,732,643RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,387,307TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,121,093TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,670,768TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,397,575TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,387,307TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$266,214ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$4,121,093SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,121,093TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT)2018-03-152022-03-17$25,130$25,382-$252-$252
VANGUARD SHRT TRM CORP BD ETF (VCSH)2017-12-152022-07-21$7,621$7,948-$327-$327
PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT)2018-03-152022-09-16$24,785$25,382-$597-$597
VANGUARD SHRT TRM CORP BD ETF (VCSH)2017-12-152020-09-16$26,462$27,817-$1,355-$1,355
FieldValueIRS element (for citing)
Capital Gain Net Income-$2,531CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$126InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$126SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$126TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$126TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3167336485PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 49173AddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67201ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnYes (1)BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CURTIS D GRIDLEY
PO BOX 49173WICHITAKS67201TRUSTEE0.00$0$0$0
TRACY A HOOVER
PO BOX 49173WICHITAKS67201TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$535,961AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$19,248AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$555,209TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$555,209AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,328CashDeemedCharitableAmt
Net Vl Noncharitable Assets$546,881NetVlNoncharitableAssetsAmt
Minimum Investment Return$27,344MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$27,344MinimumInvestmentReturnAmt
Tax Based On Investment Income$126TaxBasedOnInvestmentIncomeAmt
Total Tax$126TotalTaxAmt
Distributable Before Adj$27,218DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$27,218DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$27,218DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$61,887ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$61,887QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$27,218DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$492,304ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,614,684ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$858,001ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$367,878ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,332,867TotalExcessDistributionCyovAmt
Qualifying Distributions$61,887QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$27,218AppliedToCurrentYearAmt
Remaining Distri From Corpus$34,669RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$4,367,536TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,367,536ExcessDistriCyovToNextYrAmt
Excess From Year4$492,304ExcessFromYear4Amt
Excess From Year3$2,614,684ExcessFromYear3Amt
Excess From Year2$858,001ExcessFromYear2Amt
Excess From Year1$367,878ExcessFromYear1Amt
Excess From Current Year$34,669ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GROOVER LABS
334 N ST FRANCIS AVEWICHITAKS67202CONTROLLED ENTITYPCGENERAL SUPPORT$25,000
KPTS
320 W 21ST ST NWICHITAKS67203NONEPCGENERAL SUPPORT$250
BARTLETT ARBORETUM
301 N LINE STBELLE PAINEKS67013NONEPCGENERAL SUPPORT$300
WELLESLEY COLLEGE
106 CENTRAL STWELLESLEYMA02481NONEPCGENERAL SUPPORT$500
WICHITA STATE ULRICH MUSEUM
1845 FAIRMOUNTWICHITAKS67260NONEPCGENERAL SUPPORT$1,000
WICHITA ART MUSEUM
1400 WEST MUSEUM BLVDWICHITAKS67203NONEPCGENERAL SUPPORT$1,250
WICHITA STATE UNIVERSITY
1845 FAIRMOUNTWICHITAKS67260NONEPCGENERAL SUPPORT$1,500
LINDA HALL LIBRARY
5109 CHERRY STKANSAS CITYMO64110NONEPCGENERAL SUPPORT$5,000
MIT
77 MASSACHUSETTS AVECAMBRIDGEMA02139NONEPCGENERAL SUPPORT$5,000
VDGSA
151 N ROCK ISLAND 2DWICHITAKS67202NONEPCGENERAL SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$40,800TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,354ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$2,531ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescFEDERAL TAX REFUNDDesc
Exclusion14ExclusionCd
Exclusion$963ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$7,786ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,786TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,050Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (33 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
BUILDING2019-01-01$922,704$69,991SL39.000000000000$23,659$0
BUILDING REMODEL - DESIGN & CONSTRUCTION2019-11-01$2,368,773$129,068SL39.000000000000$60,738$0
ELECTRICAL WORK2021-02-08$2,555$57SL39.000000000000$66$0
CHAIRS2019-11-01$61,397$40,399200DB5.000000000000$8,399$0
FILING CABINETS2019-11-01$7,658$5,039200DB5.000000000000$1,048$0
TABLES & COUNTERTOPS2019-11-01$36,375$23,935200DB5.000000000000$4,976$0
STANDING DESKS2019-11-01$3,565$2,346200DB5.000000000000$488$0
TELEVISIONS2019-11-01$3,000$1,974200DB5.000000000000$410$0
PHONE BOOTH2019-11-01$3,940$2,592200DB5.000000000000$539$0
OTHER BUILDING EQUIPMENT2021-06-30$254,689$36,384200DB7.000000000000$62,373$0
2ND PHONE BOOTH2020-02-20$3,740$1,945200DB5.000000000000$718$0
SOFT SEATING2020-01-13$4,122$2,143200DB5.000000000000$792$0
A/V SYSTEM2020-01-03$50,000$26,000200DB5.000000000000$9,600$0
STOREFRONT INTERIOR GLASS2020-07-13$6,296$3,274200DB5.000000000000$1,209$0
BUILDING REMODEL & CONSTRUCTION2020-04-30$647,309$28,356SL39.000000000000$16,598$0
BUILDING COST2021-02-10$5,000$112SL39.000000000000$128$0
COURTYARD2021-05-05$8,546$137SL39.000000000000$219$0
MAKER SPACE EQUIPMENT2019-11-01$7,935$4,031200DB7.000000000000$1,115$0
TORMACH EQUIPMENT2019-11-01$9,000$4,572200DB7.000000000000$1,265$0
LASER CUTTER2019-11-01$3,091$1,570200DB7.000000000000$435$0
WELDING EQUIPMENT2019-11-01$4,570$2,321200DB7.000000000000$643$0
GRIZZLEY EQUIPMENT2019-11-01$3,674$1,866200DB7.000000000000$517$0
TORMACH EQUIPMENT2019-11-01$2,899$1,473200DB7.000000000000$407$0
TORMACH EQUIPMENT2019-11-01$5,220$2,651200DB7.000000000000$734$0
GRIZZLY EQUIPMENT2019-11-01$2,698$1,370200DB7.000000000000$379$0
CNC ROUTER TABLE2019-11-01$7,224$3,670200DB7.000000000000$1,015$0
SAW STOP2019-11-01$3,377$1,716200DB7.000000000000$475$0
TVS AND MOUNTS2019-11-01$2,655$1,349200DB7.000000000000$373$0
SECURITY CAMERAS2019-11-01$2,942$1,494200DB7.000000000000$414$0
NETWORKING EQUIPMENT2019-11-01$4,383$2,228200DB7.000000000000$616$0
Z RACKS2019-11-01$5,025$2,553200DB7.000000000000$706$0
WELDING TABLE2020-01-18$5,067$1,966200DB7.000000000000$886$0
FORD TRANSIT VAN2019-11-02$27,299$17,963200DB5.000000000000$3,734$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT)$243,667$236,760
VANGUARD SHRT TRM CORP BD ETF (VCSH)$258,299$244,368

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (33 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$922,704$93,650$829,054$829,054
BUILDING REMODEL - DESIGN & CONSTRUCTION$2,368,773$189,806$2,178,967$2,178,967
ELECTRICAL WORK$2,555$123$2,432$2,432
CHAIRS$61,397$48,798$12,599$12,599
FILING CABINETS$7,658$6,087$1,571$1,571
TABLES & COUNTERTOPS$36,375$28,911$7,464$7,464
STANDING DESKS$3,565$2,834$731$731
TELEVISIONS$3,000$2,384$616$616
PHONE BOOTH$3,940$3,131$809$809
OTHER BUILDING EQUIPMENT$254,689$98,757$155,932$155,932
2ND PHONE BOOTH$3,740$2,663$1,077$1,077
SOFT SEATING$4,122$2,935$1,187$1,187
A/V SYSTEM$50,000$35,600$14,400$14,400
STOREFRONT INTERIOR GLASS$6,296$4,483$1,813$1,813
BUILDING REMODEL & CONSTRUCTION$647,309$44,954$602,355$602,355
BUILDING COST$5,000$240$4,760$4,760
COURTYARD$8,546$356$8,190$8,190
MAKER SPACE EQUIPMENT$7,935$5,146$2,789$2,789
TORMACH EQUIPMENT$9,000$5,837$3,163$3,163
LASER CUTTER$3,091$2,005$1,086$1,086
WELDING EQUIPMENT$4,570$2,964$1,606$1,606
GRIZZLEY EQUIPMENT$3,674$2,383$1,291$1,291
TORMACH EQUIPMENT$2,899$1,880$1,019$1,019
TORMACH EQUIPMENT$5,220$3,385$1,835$1,835
GRIZZLY EQUIPMENT$2,698$1,749$949$949
CNC ROUTER TABLE$7,224$4,685$2,539$2,539
SAW STOP$3,377$2,191$1,186$1,186
TVS AND MOUNTS$2,655$1,722$933$933
SECURITY CAMERAS$2,942$1,908$1,034$1,034
NETWORKING EQUIPMENT$4,383$2,844$1,539$1,539
Z RACKS$5,025$3,259$1,766$1,766
WELDING TABLE$5,067$2,852$2,215$2,215
FORD TRANSIT VAN$27,299$21,697$5,602$5,602

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$1,915LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MISCELLANEOUS$301$301$0
DE MINIMUS BUILDING EXPENSES$8,636$0$8,636

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFEDERAL TAX REFUNDDesc
Revenue And Expenses Per Books$963RevenueAndExpensesPerBooksAmt
Adjusted Net Income$963AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$2,000Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL INCOME TAX$173$0$0
PROPERTY TAXES$11,633$0$11,633
OTHER TAXES$392$0$392

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GROOVER LABS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 N ST FRANCIS STAddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67202ZIPCd
FieldValueIRS element (for citing)
EIN843484606EIN
DescTHE TRANSFER TO GROOVER LABS, INC IS A CHARITABLE CONTRIBUTION FOR WHICHDOCUMENTATION IS KEPT.Desc
Amt$25,000Amt
FieldValueIRS element (for citing)
Total$25,000TotalAmt

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