PATH SHALA INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PATH SHALA INC (EIN 59-3673374)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-12
IRS object ID
202322559349100507
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)
Return2023-09-12T11:04:22-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592482214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRSCPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 66TH ST NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337105501ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593673374EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATH SHALA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPATHBusinessNameControlTxt
Phone8137863286PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNILESH G PATELPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137863286PhoneNum
Signature2023-09-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNILESHPersonFirstNm
Person LastPATELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2023-09-11PreparationDt
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$859,003FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$16,000DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,000DividendsNetInvstIncmAmt
Dividends Adj Net Incm$16,000DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss$32,665GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$32,665GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$32,665GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$13,207NetRentalIncomeOrLossAmt
Total Rev And Expnss$48,665TotalRevAndExpnssAmt
Total Net Invst Incm$48,665TotalNetInvstIncmAmt
Total Adj Net Incm$48,665TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,500AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,500AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$479TaxesRevAndExpnssAmt
Taxes Net Invst Incm$479TaxesNetInvstIncmAmt
Taxes Adj Net Incm$479TaxesAdjNetIncmAmt
Occupancy Rev And Expnss$19,953OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$17,958OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$17,958OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$1,995OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,551OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,551OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$1,551OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$23,483TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$21,488TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$21,488TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,995TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$15,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$15,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$38,483TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$21,488TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$21,488TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$16,995TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$10,182ExcessRevenueOverExpensesAmt
Net Investment Income$27,177NetInvestmentIncomeAmt
Adjusted Net Income$27,177AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$109,787CashBOYAmt
Cash EOY$121,475CashEOYAmt
Cash EOYFMV$121,475CashEOYFMVAmt
Other Investments BOY$200,000OtherInvestmentsBOYAmt
Other Investments EOY$200,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$200,000OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$264,839LandBldgEquipCostOrOtherBssAmt
Land BOY$264,839LandBOYAmt
Land EOY$264,839LandEOYAmt
Land EOYFMV$536,300LandEOYFMVAmt
Other Assets BOY$1,228OtherAssetsBOYAmt
Other Assets EOY$1,228OtherAssetsEOYAmt
Other Assets EOYFMV$1,228OtherAssetsEOYFMVAmt
Total Assets BOY$575,854TotalAssetsBOYAmt
Total Assets EOY$587,542TotalAssetsEOYAmt
Total Assets EOYFMV$859,003TotalAssetsEOYFMVAmt
Accounts Payable BOY$5AccountsPayableBOYAmt
Accounts Payable EOY$1,511AccountsPayableEOYAmt
Total Liabilities BOY$5TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,511TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$575,849NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$586,031NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$575,849TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$586,031TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$575,854TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$587,542TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$575,849TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$10,182ExcessRevenueOverExpensesAmt
Subtotal$586,031SubtotalAmt
Tot Net Ast Or Fund Balances EOY$586,031TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$378InvestmentIncomeExciseTaxAmt
Subtotal$378SubtotalAmt
Tax Based On Investment Income$378TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$387EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$387TotalPaymentsAndCreditsAmt
Overpayment$9OverpaymentAmt
Applied To ES Tax$9AppliedToESTaxAmt

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
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 FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksNILESH PATELIndividualWithBooksNm
Phone8137863286PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NILESH G PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
GHANSYAM L PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
RASHMI GANATRA
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
YOGESHKUMAR PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1WEEKLY OR MORE FREQUENT LANGUAGE CLASSES AND STUDY GROUPS TO CONTINUE TO PROMOTE THE NATIVE CENTRAL ASIA/INDIA CULTURE. MEETINGS GENERALLY HAVE 50-75 ADULT AND/OR YOUTH ATTENDEES. ADDITIONALLY, SPECIAL EVENTS ARE HELD AND PROMOTED SUCH AS GEETA SPEECH COMPETITIONS AND STREET PLAYS ON THE TIMES OF JANMASTAMI.Description1Txt
Expenses1$1,995Expenses1Amt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$112,083AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$536,300FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$648,383TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$648,383AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,726CashDeemedCharitableAmt
Net Vl Noncharitable Assets$638,657NetVlNoncharitableAssetsAmt
Minimum Investment Return$31,933MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,995ExpensesAndContributionsAmt
Qualifying Distributions$16,995QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$16,995QualifyingDistributionsAmt
Remaining Distri From Corpus$16,995RemainingDistriFromCorpusAmt
Total Corpus$16,995TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$27,177CurrentYearAmt
Year2$27,846Year2Amt
Year3$20,418Year3Amt
Total$75,441TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$23,100CurrentYearAmt
Year2$23,669Year2Amt
Year3$17,355Year3Amt
Total$64,124TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$16,995CurrentYearAmt
Year1$26,000Year1Amt
Year2$32,000Year2Amt
Year3$34,000Year3Amt
Total$108,995TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$16,995CurrentYearAmt
Year1$26,000Year1Amt
Year2$32,000Year2Amt
Year3$34,000Year3Amt
Total$108,995TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$21,289CurrentYearAmt
Year1$21,923Year1Amt
Year2$22,564Year2Amt
Year3$23,459Year3Amt
Total$89,235TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PATHSHALA CHARITABLE TRUSTBusinessNameLine1Txt

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1AT PO VANADARAAddressLine1Txt
CityGUJARAT INDIACityNm
Province Or StateGUJARATProvinceOrStateNm
CountryINCountryCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeEDUCATIONGrantOrContributionPurposeTxt
Amt$15,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$15,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,000ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$13,207ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$29,207ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$29,207TotalIncomeProducingActyAmt

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)
Category1323 PROPERTYCategoryTxt
Amt$1,500Amt
Net Investment Income$1,500NetInvestmentIncomeAmt
Adjusted Net Income$1,500AdjustedNetIncomeAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemLOAN K&P PARTNERS L.P.CategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$200,000BookValueAmt
EOYFMV$200,000EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$262,135$262,135$536,300
EQUIPMENT$2,704$2,704

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSECURITY DEPOSITDesc
BOY Book Value$1,228BOYBookValueAmt
EOY Book Value$1,228EOYBookValueAmt
EOYFMV$1,228EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
OFFICE EXPENSE$1,551$1,551$1,551

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
IRS PAYMENTS
LICENSES AND PERMITS$479$479$479

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