HAMMER INTERNATIONAL FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HAMMER INTERNATIONAL FOUNDATION (EIN 98-0153886)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-13
- IRS object ID
- 202332869349100628
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-13T11:20:21-07:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954120221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clumeck Stern Schenkelberg & Getzoff | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17404 Ventura Bl 2nd Floor | AddressLine1Txt |
| City | Encino | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91316 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980153886 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAMMER INTERNATIONAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HAMM | BusinessNameControlTxt |
| Phone | 8189901475 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17404 VENTURA BLVD 2ND FL | AddressLine1Txt |
| City | ENCINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91316 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK ALFANO | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2023-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | ALFANO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | L LARRY CLUMECK | PreparerPersonNm |
| PTIN | P01371460 | PTIN |
| Phone | 8189062230 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Organization | Yes (X) | ForeignOrganizationInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $73,836,532 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $4,127 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $63,230 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $63,230 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $63,230 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $644,772 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,837,012 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $68,016 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $53,655 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $53,655 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $765,784 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $184,901 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $63,230 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $108,196 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $28,010 | AccountingFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $1,167 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $53 | InterestNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $151,003 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $17,342 | OccupancyRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $21,887 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $261,109 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $28,173 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $588,714 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,226 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $175,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $175,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $763,714 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,226 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $175,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,070 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $156,675 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $63,230 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $23,494 | CashBOYAmt |
| Cash EOY | $160,071 | CashEOYAmt |
| Cash EOYFMV | $160,071 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $37,935 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $49,436 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $49,436 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,056,602 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,434,559 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,434,559 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $7,003,509 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $5,027,520 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $7,003,509 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $7,003,509 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $320,238 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $44,547,470 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $60,997,470 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,686,325 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,502,685 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $77,810 | LandBOYAmt |
| Land EOY | $3,183,640 | LandEOYAmt |
| Land EOYFMV | $3,183,640 | LandEOYFMVAmt |
| Other Assets BOY | $1,267,694 | OtherAssetsBOYAmt |
| Other Assets EOY | $7,847 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $7,847 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,811,293 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,386,532 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $73,836,532 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $6,740,648 | MortgagesAndNotesPayableBOYAmt |
| Other Liabilities BOY | $63,814 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,804,462 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,006,831 | RetainedEarningBOYAmt |
| Retained Earning EOY | $57,386,531 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,006,831 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $57,386,531 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,811,293 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $57,386,532 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,006,831 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,070 | ExcessRevenueOverExpensesAmt |
| Other Increases | $54,847,613 | OtherIncreasesAmt |
| Subtotal | $57,856,514 | SubtotalAmt |
| Other Decreases | $469,983 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $57,386,531 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Morgan Stanley ST Covered | P | 2022-01-01 | 2022-12-31 | $20,111 | $21,407 | -$1,296 | -$1,296 |
| Morgan Stanley LT Covered | P | 2020-01-01 | 2022-12-31 | $933,770 | $905,864 | $27,906 | $27,906 |
| Partnership income - Long Term Gain | P | 2020-01-01 | 2022-12-31 | $2,625 | -$2,625 | -$2,625 | |
| Partnership income - Short Term Gain | P | 2022-01-01 | 2022-12-31 | $2,159 | -$2,159 | -$2,159 | |
| Capital Gain Dividends | $46,190 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $68,016 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$3,455 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,396 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,396 | SubtotalAmt |
| Tax Based On Investment Income | $7,396 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,400 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $8,400 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1 | EsPenaltyAmt |
| Overpayment | $1,003 | OverpaymentAmt |
| Applied To ES Tax | $1,003 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK ALFANO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8189901475 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SW 3rd ST Ste 5100 V | AddressLine1Txt |
| City | Pompano Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2021 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MARK ALFANO | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Treasurer | 10.00 | $0 |
| REX ALEXANDER | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Vice President | 1.00 | $0 |
| SAMUEL I LTD | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Director | 1.00 | $0 |
| MISTY HAMMER | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | President | 1.00 | $0 |
| MICHAEL A HAMMER | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Director | 1.00 | $0 |
| JEFF KATOFSKY | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Director | 1.00 | $0 |
| RAISHA PARK | ||||||
| 600 SW 3rd STREET SUITE 5100 | POMPANO BEACH | FL | 33060 | Director | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bull Canyon Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Toro Canyon | AddressLine1Txt |
| City | Carpenteria | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Consulting | ServiceTypeTxt |
| Compensation | $75,000 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,554,101 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $875,629 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $8,596,932 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,026,662 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,026,662 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $180,400 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,846,262 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $592,313 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $592,313 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,396 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,396 | TotalTaxAmt |
| Distributable Before Adj | $584,917 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $584,917 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $584,917 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $175,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $175,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $584,917 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $245,418 | UndistributedIncomePYAmt |
| Qualifying Distributions | $175,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $175,000 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Taxable2 | $70,418 | Taxable2Amt |
| Undistributed Income CY | $584,917 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARK ALFANO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SW 3RD STREET SUITE 5100 V | AddressLine1Txt |
| City | POMPANO BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3109405590 | RecipientPhoneNum |
| Form And Info And Materials | No particular Form required | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | No deadlines for submission of applications | SubmissionDeadlinesTxt |
| Restrictions On Awards | ORGANIZATIONS DESCRIBED IN IRS 509(A)(1)-93; NO GRANTS ARE MADE TOINDIVIDUALS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Pepperdine University | ||||||
| 24255 East Pacific Coast Highway | Malibu | CA | 90263 | PC | General operations | $100,000 |
| BACA Piney Woods Chapter | ||||||
| PO Box 151025 | Lufkin | TX | 75915 | PC | General operations | $5,000 |
| The Dream Center | ||||||
| 2301 BELLEVUE AVE | Los Angeles | CA | 90026 | PC | General operations | $20,000 |
| ARMAND HAMMER MUSEUM OF ART | ||||||
| 10899 WILSHIRE BLVD | Los Angeles | CA | 90024 | PC | General operations | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $175,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $63,230 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $644,772 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $53,655 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $761,657 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $761,657 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $28,010 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (18 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 2017 Jeep Wrangler | 2020-07-21 | $108,572 | $30,762 | SL | 0.2000 | $21,714 |
| Villa Real Building | 2011-03-09 | $282,600 | $78,499 | SL | 0.0256 | $7,246 |
| 2017 Chevy Silverado | 2019-10-28 | $47,500 | $20,583 | SL | 0.2000 | $9,500 |
| 39 Yr Improvements | 2011-04-04 | $1,967,478 | $485,004 | SL | 0.0256 | $50,446 |
| 15 Yr Improvements | 2011-04-04 | $198,625 | $107,171 | SL | 0.0667 | $13,248 |
| 15 Yr Land Improvements | 2011-04-04 | $43,775 | $15,962 | SL | 0.0667 | $2,920 |
| Security Camera Upgrade | 2016-07-11 | $58,274 | $45,787 | SL | 0.1429 | $8,327 |
| IMAC Computer | 2017-03-09 | $3,697 | $3,572 | SL | 0.1000 | $125 |
| IMAC Pro | 2019-04-10 | $6,035 | $3,319 | SL | 0.2000 | $1,207 |
| Artwork | 2017-06-24 | $4,600 | $4,140 | SL | 0.1000 | $460 |
| Artwork | 2017-09-25 | $25,000 | $21,250 | SL | 0.1000 | $2,500 |
| Artwork | 2017-10-06 | $20,000 | $17,000 | SL | 0.1000 | $2,000 |
| Artwork | 2019-05-01 | $49,450 | $26,373 | SL | 0.2000 | $9,890 |
| Artwork | 2019-05-09 | $6,500 | $3,467 | SL | 0.2000 | $1,300 |
| Rugs | 2020-01-22 | $6,000 | $2,300 | SL | 0.2000 | $1,200 |
| Art for Office | 2020-09-18 | $20,950 | $5,238 | SL | 0.2000 | $4,190 |
| Art for Office | 2021-02-11 | $22,850 | $4,189 | SL | 0.2000 | $4,570 |
| Art for Office | 2021-11-30 | $50,800 | $847 | SL | 0.2000 | $10,160 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Seacrest Condo #14 | AssetDesc |
| Acquired | 2020-01 | AcquiredDt |
| How Acquired | Purchase | HowAcquiredTxt |
| Sold | 2022-02 | SoldDt |
| Gross Sales Price | $1,836,941 | GrossSalesPriceAmt |
| Basis | $1,260,185 | BasisAmt |
| Basis Method | Cost | BasisMethodTxt |
| Total Net | $576,756 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Mututal Funds | $2,366,415 | $2,366,415 |
| Marketable Securities | $68,144 | $68,144 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Buildings | $6,887,656 | $6,887,656 | $6,887,656 |
| Land | $115,853 | $115,853 | $115,853 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Laws Street Partnership | AT COST | $264,734 | $264,734 |
| Kairos Venture Opportunities I LP | AT COST | $430,540 | $430,540 |
| Kairos Venture Partners III AIV LP | AT COST | $7,654 | $7,654 |
| Kairos Venture Partners III LP | AT COST | $791,292 | $791,292 |
| Artwork | AT COST | $43,053,250 | $59,503,250 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Auto./Transportation Equip. | $256,707 | $183,194 | $73,513 | $73,513 |
| Furniture and Fixtures | $548,753 | $463,677 | $85,076 | $85,076 |
| Machinery and Equipment | $42,713 | $41,204 | $1,509 | $1,509 |
| Buildings | $282,600 | $85,745 | $196,855 | $196,855 |
| Improvements | $2,268,152 | $728,865 | $1,539,287 | $1,539,287 |
| Land | $1,287,400 | $1,287,400 | $1,287,400 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $108,196 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| A/R Laws Street Partnership | $7,508 | $7,508 | $7,508 |
| Due to Michael Hammer | $339 | $339 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Automobile Expenses | $9,741 | |
| BANK FEES | $320 | |
| Computer & Internet | $5,401 | |
| Consulting | $97,500 | |
| Dues & Subscriptions | $5,877 | |
| Federal Excise Tax | $3,240 | |
| INSURANCE | $4,249 | |
| Investment advisory | $25,411 | $25,411 |
| Meals & Entertainment | $750 | |
| MISCELLANEOUS | $17,953 | |
| OFFICE EXPENSE | $419 | |
| Partnership expenses | $2,762 | $2,762 |
| Property Maintenance Fees | $69,951 | |
| repairs & Maintenance | $17,285 | |
| Sec of State Penalty | $250 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Income | Desc |
| Revenue And Expenses Per Books | $53,655 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $53,655 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Assets Transferred on Merger | $54,847,260 |
| Tax exempt income | $353 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| OTHER LIABILITIES | $63,814 | |
| Rounding | $1 |
Comments