AK FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AK FOUNDATION INC (EIN 83-1146676)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202313139349100041
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T11:40:48-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 455408593 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCOUNTANTS RESOURCE LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3372 PEACHTREE ROAD NE STE 115 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | 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 | 831146676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AKFO | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 S ALHAMBRA CIRCLE | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAVITHA PALANI | PersonNm |
| Person Title | PRESIDENT/DIRECTOR | PersonTitleTxt |
| Phone | 4042744413 | PhoneNum |
| Signature | 2023-10-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KAVITHA | PersonFirstNm |
| Person Last | PALANI | 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 | ROBERT L WHITEHURST | PreparerPersonNm |
| PTIN | P01383986 | PTIN |
| Phone | 8882723683 | PhoneNum |
| Preparation | 2023-11-04 | PreparationDt |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $838,535 | 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 | $312,833 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $27,007 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $27,007 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $624 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $624 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$8,557 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $171,765 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $14,638 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,433 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $346,545 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $45,064 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,000 | AccountingFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $179 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,358 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $7,409 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,409 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,732 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $24,678 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,409 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $42,455 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $42,455 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $67,133 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,864 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $279,412 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $45,064 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $581,400 | CashBOYAmt |
| Cash EOY | $133,982 | CashEOYAmt |
| Cash EOYFMV | $133,982 | CashEOYFMVAmt |
| Other Investments BOY | $395,763 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $704,553 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $704,553 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $977,163 | TotalAssetsBOYAmt |
| Total Assets EOY | $838,535 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $838,535 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $977,163 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $838,535 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $977,163 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $838,535 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $977,163 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $838,535 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $977,163 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $279,412 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,239 | OtherIncreasesAmt |
| Subtotal | $1,264,814 | SubtotalAmt |
| Other Decreases | $426,279 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $838,535 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| TD AMERITRADE | P | $17,378 | $24,969 | -$7,591 | -$7,591 |
| TD AMERITRADE | P | $24,938 | $24,938 | ||
| TD AMERITRADE | P | $1,053 | $1,053 | ||
| COPPER DEFAULT TRADING | P | $29,377 | $27,372 | $2,005 | $2,005 |
| HMBL2LT | P | $28,847 | $28,499 | $348 | $348 |
| W14N | P | $70,172 | $73,491 | -$3,319 | -$3,319 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$8,557 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$8,557 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $626 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $626 | SubtotalAmt |
| Tax Based On Investment Income | $626 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $27 | EsPenaltyAmt |
| Tax Due | $653 | TaxDueAmt |
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 |
| Individual With Books | KAVITHA PALANI | IndividualWithBooksNm |
| Phone | 4042744413 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 BISCAYNE BLVD STE 2401 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33132 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | ||||||||
| 610 W DILIDO DR | MIAMI BEACH | FL | 33139 | TREASURER/DI | 1.00 | $0 | $0 | $0 |
| KAVITHA PALANI | ||||||||
| 610 W DILIDO DR | MIAMI BEACH | FL | 33139 | PRESIDENT/DI | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE ORGANIZATION GRANTED FUNDS TO 6 DIFFERENT SECTION 501 (C)(3) ORGANIZATIONS THAT ASSIST CHILDREN IN POVERTY, HEALTHCARE, AND EDUCATION. | Description1Txt |
| Expenses1 | $49,864 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | 11-11 LEAP CREDIT | Description1Txt |
| Expenses1 | $19,411 | Expenses1Amt |
| Total | $19,411 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $425,158 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $357,690 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $125,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $907,848 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $907,848 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,618 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $894,230 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $44,712 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $44,712 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $626 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $626 | TotalTaxAmt |
| Distributable Before Adj | $44,086 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $44,086 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $44,086 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,864 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $19,411 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $69,275 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $44,086 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $251,365 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $252,527 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $503,892 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $69,275 | QualifyingDistributionsAmt |
| Applied To Current Year | $44,086 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $25,189 | RemainingDistriFromCorpusAmt |
| Total Corpus | $529,081 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $529,081 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $251,365 | ExcessFromYear4Amt |
| Excess From Year3 | $252,527 | ExcessFromYear3Amt |
| Excess From Current Year | $25,189 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| THE RED CURTAIN INTERNATIONAL INC | ||||||
| 5413 SAINT LYONN PLACE | MARIETTA | GA | 30068 | PROGRAM | $300 | |
| TREES FOR THE FUTURE | ||||||
| 10770 COLUMBIA PIKE 300 | SILVER SPRING | MD | 20901 | PROGRAM | $17,475 | |
| THE EVERGLADES FOUNDATION | ||||||
| 18001 OLD CUTLER RD 625 | PALMETTO BAY | FL | 33157 | PROGRAM | $5,843 | |
| ONE TREE PLANTED | ||||||
| 145 PINE HAVEN SHORES RD | SHELBURNE | VT | 05482 | PROGRAM | $11,503 | 1000D |
| NATIONAL FOREST FOUNDATION | ||||||
| 27 FORT MISSOULA RD STE 3 | MISSOULA | MT | 598047212 | PROGRAM | $4,334 | |
| AMERICAN RED CROSS | ||||||
| 430 17TH STREET NW | WASHINGTON | DC | 20006 | PROGRAM | $3,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $42,455 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,007 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $624 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,433 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$7,591 | ExclusionAmt |
| Related Or Exempt Function Incm | -$966 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 11-11 LEAP CREDIT | Desc |
| Business | 900003 | BusinessCd |
| Unrelated Business Taxbl Incm | -$2,795 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,795 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $37,473 | ExclusionAmt |
| Related Or Exempt Function Incm | -$966 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $33,712 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Address Line1ContributorForeignAddress/AddressLine1Txt | CityContributorForeignAddress/CityNm | Province Or StateContributorForeignAddress/ProvinceOrStateNm | CountryContributorForeignAddress/CountryCd | Foreign PostalContributorForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ELEVEN ELEVEN ALGO CI LTD | |||||||||||
| 1 | 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | $90,651 | Yes (X) | |||||
| WYETH HOLDINGS PTY LTD | |||||||||||
| 2 | $67,656 | Yes (X) | 7 MOON ST | BALLINA | NEW SOUTH WALES | AS | 2478 | ||||
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | ALGOS | $90,651 | |
| 2 | ALGO | $50,250 | 2022-09-21 |
| 2 | ALGO | $9,441 | 2022-09-22 |
| 2 | ALGO | $7,965 | 2022-10-02 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $3,000 | Amt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 11-11 LEAP CREDIT | AT COST | $125,000 | $125,000 |
| TDA CRYPTO | AT COST | $331,224 | $331,224 |
| ALGOS | AT COST | ||
| SILVERGATE MKT ACCOUNT | AT COST | $1,000 | $1,000 |
| COPPER DEFAULT TRADE | AT COST | $3,894 | $3,894 |
| COPPER AK FOUNDATION VAULT | AT COST | $4,103 | $4,103 |
| WALLET 2XBL | AT COST | $47,560 | $47,560 |
| WALLET WI4N | AT COST | $26,579 | $26,579 |
| LP DEPOSITS | AT COST | $23,292 | $23,292 |
| COLLATERALS GIVEN | AT COST | $21,578 | $21,578 |
| STAKED TOKENS | AT COST | $57,626 | $57,626 |
| COINBASE | AT COST | $7,848 | $7,848 |
| ALGODEX | AT COST | $10 | $10 |
| WALLET 4OPUA | AT COST | $1,020 | $1,020 |
| NFTS:4OPU & W4FA | AT COST | $3,819 | $3,819 |
| LOAN GIVEN TO IGC VENTURES LLC | AT COST | $50,000 | $50,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS | Desc |
| Amt | $426,279 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| BANK CHARGES | $299 |
| MARKETING | $11,933 |
| OTHER EXPENSES | $500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $17,433 | $17,433 |
| 11-11 LEAP CREDIT | -$2,795 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENT | Desc |
| Amt | $8,239 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| ANNUAL STATE REGISTRATION FEES | $40 |
| TAX DUE | $1,318 |
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