AUDACIOUS FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AUDACIOUS FOUNDATION (EIN 47-4602068)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202323139349102357
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T14:47:08-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 272087941 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELISSA PETERSEN AND COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 92202 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | 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 | 474602068 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Audacious Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AUDA | BusinessNameControlTxt |
| Phone | 8055642186 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 931901340 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Catherine Brozowski | PersonNm |
| Person Title | President/Secretary | PersonTitleTxt |
| Phone | 8055642186 | PhoneNum |
| Signature | 2023-10-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Catherine | PersonFirstNm |
| Person Last | Brozowski | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Melissa Petersen | PreparerPersonNm |
| PTIN | P01072423 | PTIN |
| Phone | 8056948331 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $5,195,842 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $120,513 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $120,513 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $294,586 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,855,799 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $294,586 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,996 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $10,996 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $10,996 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $426,095 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $426,095 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $10,996 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $155,167 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $155,167 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $88,865 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $88,865 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $83,418 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $83,418 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,060 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,060 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,256 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $814 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,442 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $3,101 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,101 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $489 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $77,548 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $77,548 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $28,931 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $28,931 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $442,835 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,915 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $438,431 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,143,223 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,143,223 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,586,058 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,915 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,581,654 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,159,963 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $422,180 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $10,996 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $277,594 | CashBOYAmt |
| Cash EOY | $366,295 | CashEOYAmt |
| Cash EOYFMV | $366,295 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $348,219 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $111,835 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $111,835 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,666 | AcctRcvblAmt |
| Acct Rcvbl BOY | $15,618 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,666 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,666 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $10,561 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | -$1,626 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | -$1,626 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,359,217 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,467,839 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,467,839 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $242,148 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $242,148 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $242,148 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,788 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,103 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $983 | LandBOYAmt |
| Land EOY | $685 | LandEOYAmt |
| Land EOYFMV | $685 | LandEOYFMVAmt |
| Total Assets BOY | $7,254,340 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,195,842 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,195,842 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $216 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $14,844 | AccountsPayableEOYAmt |
| Grants Payable BOY | $27,500 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $27,716 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,844 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $7,226,624 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,180,998 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,226,624 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,180,998 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,254,340 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,195,842 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,226,624 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,159,963 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,066,661 | SubtotalAmt |
| Other Decreases | $885,663 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,180,998 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| Clorox Co - 325 shares | 2021-11-24 | 2022-05-27 | $47,855 | $54,687 | -$6,832 | -$6,832 |
| Clorox Co - 100 shares | 2021-11-24 | 2022-10-31 | $14,661 | $16,867 | -$2,206 | -$2,206 |
| Clorox Co - 180 shares | 2022-02-16 | 2022-10-31 | $26,390 | $25,426 | $964 | $964 |
| Johnson & Johnson - 135 shares | 2021-11-24 | 2022-05-27 | $24,239 | $21,627 | $2,612 | $2,612 |
| Membership Collective GRClass - 4235 shares | 2022-03-01 | 2022-05-27 | $38,797 | $33,569 | $5,228 | $5,228 |
| Merck & Co - 985 shares | 2021-11-24 | 2022-05-20 | $91,396 | $80,925 | $10,471 | $10,471 |
| ADP - 180 shares | 2010-09-14 | 2022-05-27 | $40,236 | $6,399 | $33,837 | $33,837 |
| Broadridge Finl Solu - 405 shares | 2019-04-04 | 2022-05-27 | $58,962 | $43,495 | $15,467 | $15,467 |
| Broadridge Finl Solu - 345 shares | 2020-03-20 | 2022-05-27 | $50,227 | $32,346 | $17,881 | $17,881 |
| CDK Global Inc - 200000 shares | 2021-04-30 | 2022-07-06 | $196,500 | $211,928 | -$15,428 | -$15,428 |
| Clorox Co - 10 shares | 2020-03-20 | 2022-05-27 | $1,472 | $1,772 | -$300 | -$300 |
| Clorox Co. - 90 shares | 2021-01-20 | 2022-05-27 | $13,252 | $17,666 | -$4,414 | -$4,414 |
| Expedia Group - 250000 shares | 2021-01-21 | 2022-06-13 | $256,959 | $273,260 | -$16,301 | -$16,301 |
| Hershey Co - 785 shares | 2016-01-20 | 2022-05-27 | $165,922 | $67,002 | $98,920 | $98,920 |
| Hershey Co - 215 shares | 2021-01-20 | 2022-05-27 | $45,444 | $32,094 | $13,350 | $13,350 |
| Hershey Co - 155 shares | 2016-01-20 | 2022-10-14 | $34,593 | $13,230 | $21,363 | $21,363 |
| Johnson & Johnson - 170 shares | 2003-06-11 | 2022-05-27 | $30,523 | $8,957 | $21,566 | $21,566 |
| Johnson & Johnson - 415 shares | 2020-03-20 | 2022-05-27 | $74,512 | $51,435 | $23,077 | $23,077 |
| Johnson & Johnson - 375 shares | 2021-01-20 | 2022-05-27 | $67,330 | $60,914 | $6,416 | $6,416 |
| Kellogg Co - 2845 shares | 2020-05-21 | 2022-02-18 | $186,341 | $173,896 | $12,445 | $12,445 |
| Kellogg Co - 1470 shares | 2021-01-20 | 2022-02-18 | $96,282 | $84,944 | $11,338 | $11,338 |
| Merck & Co - 2605 shares | 2020-02-14 | 2022-05-20 | $241,713 | $204,503 | $37,210 | $37,210 |
| Merck & Co - 100 shares | 2021-01-20 | 2022-05-20 | $9,279 | $7,836 | $1,443 | $1,443 |
| Merck & Co - 465 shares | 2021-01-20 | 2022-10-14 | $42,914 | $36,435 | $6,479 | $6,479 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $294,586 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $10,237 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,868 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,868 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,868 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,374 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,374 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,494 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.audaciousfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Catherine Brozowski | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8055642186 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| Paul J Orfalea | ||||||||
| PO Box 91340 | Santa Barbara | CA | 93190 | Chair/Treasurer | 5.00 | $0 | $0 | $0 |
| Catherine Brozowski | ||||||||
| PO Box 91340 | Santa Barbara | CA | 93190 | President/Secretary | 25.00 | $155,167 | $20,499 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Adrianna Foss | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Early Childhood Dire | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 10.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $57,915 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Grantmaking for Whole Child Education | Description1Txt |
| Expenses1 | $1,143,223 | Expenses1Amt |
| Description2 | Host an Early Childhood Center Director's Retreat providing networking and professional development around whole child education | Description2Txt |
| Expenses2 | $72,949 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,174,448 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $833,984 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $242,147 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,250,579 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,250,579 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $93,759 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,156,820 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $307,841 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $307,841 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,868 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,868 | TotalTaxAmt |
| Distributable Before Adj | $301,973 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $301,973 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $301,973 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,581,654 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,581,654 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $301,973 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,938,049 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,106,172 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,955,771 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $412,676 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $466,330 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,878,998 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,581,654 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $301,973 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,279,681 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $11,158,679 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,938,049 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,220,630 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,106,172 | ExcessFromYear4Amt |
| Excess From Year3 | $3,955,771 | ExcessFromYear3Amt |
| Excess From Year2 | $412,676 | ExcessFromYear2Amt |
| Excess From Year1 | $466,330 | ExcessFromYear1Amt |
| Excess From Current Year | $1,279,681 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Paul J Orfalea | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BikeVentura | |||||||
| 490 N Ventura Ave | Ventura | CA | 93001 | 501(c)3 | in-school bicycle safety education for 2nd-8th graders | $22,123 | |
| Cal Poly State University Foundation | |||||||
| Office of Gift Planning and | San Luis Obispo | CA | 93407 | 501(c)3 | student packaging competition for sustainable and inclusive packaging solutions | $45,000 | Principal Gifts |
| Carpinteria Community Church-Kinderkirk | |||||||
| 1111 Vallecito Rd | Carpinteria | CA | 93013 | 501(c)3 | Early Childhood Education Retreat Best Practices | $250 | |
| Channel Islands YMCA | |||||||
| 1180 Eugenia Place Ste 104 | Carpinteria | CA | 93013 | 501(c)3 | Summer Swim Lessons for students | $6,891 | |
| Channel Islands YMCA | |||||||
| 1180 Eugenia Place Ste 104 | Santa Barbara | CA | 93101 | 501(c)3 | Swim Lessons for low-income students of color with SeaLeague | $1,580 | |
| Children and Family Resource Services | |||||||
| 3970 La Colina Rd Suite 2 | Santa Barbara | CA | 93110 | 501(c)3 | Welcome Every Baby (WEB) program to provide nurse home visits | $100,000 | |
| Children and Family Resource Services | |||||||
| 3970 La Colina Rd Suite 2 | Santa Barbara | CA | 93110 | 501(c)3 | To provide orthodontia to 172 low-income students | $131,339 | |
| Children's Creative Project | |||||||
| 3970 La Colina Road Suite 9 | Santa Barbara | CA | 93110 | 501(c)3 | CCP Dance Workshops & Mindfulness Meditation for elementary schools | $35,690 | |
| City of Lompoc | |||||||
| 125 W Walnut Ave | Lompoc | CA | 93436 | 501(c)3 | swim passes | $700 | |
| Clinicas Del Camino Real Inc | |||||||
| 1040 Flynn Rd | Camarillo | CA | 93012 | 501(c)3 | Address orthodontia needs of children in low income families | $295,500 | |
| EPIC Leadership Center | |||||||
| PO Box 3252 | Ventura | CA | 93003 | 501(c)3 | Whole Child Activities for Youth at the Housing Authority Westview Village | $4,000 | |
| Girls Incorporated Of Carpinteria | |||||||
| 5315 Foothill Road | Carpinteria | CA | 93013 | 501(c)3 | STRONG Program for 2023 | $20,000 | |
| Leading From Within | |||||||
| PO Box 806 | Santa Barbara | CA | 93102 | 501(c)3 | 2022/2023 Katherine Harvey Fellows Sponsorship | $5,000 | |
| Oaks Parent Child Workshop | |||||||
| 605 W Junipero St | Santa Barbara | CA | 93105 | 501(c)3 | Early Childhood Education Retreat Best Practices | $500 | |
| One Sport Foundation | |||||||
| 315 Meigs Road Ste A-431 | Santa Barbara | CA | 93109 | 501(c)3 | after-school soccer clinics on school campuses Spring 2022 | $14,462 | |
| Parks and Recreation Community Foundation | |||||||
| PO Box 1990 | Santa Barbara | CA | 93102 | 501(c)3 | swim suits for low-income students participating in City swim lessons and recreation pool time | $4,800 | |
| Santa Barbara Bicycle Coalition | |||||||
| PO Box 92047 | Santa Barbara | CA | 93190 | 501(c)3 | bicycle education and bicycle, helmet and lock distributions in schools | $38,480 | |
| Santa Barbara Foundation | |||||||
| 1111 Chapala Street | Santa Barbara | CA | 93101 | 501(c)3 | the School Wellness Summit promoting health and wellness for students, teachers and staff in schools | $3,000 | |
| Santa Barbara Foundation | |||||||
| 1111 Chapala Street | Santa Barbara | CA | 93101 | 501(c)3 | Partnership for Excellence sponsorship | $2,500 | |
| Santa Barbara Middle School | |||||||
| 1321 Alameda Padre Serra | Santa Barbara | CA | 93103 | 501(c)3 | SBMS Scholarship Fund for 4 low-income students | $74,760 | |
| Santa Barbara Unified School District | |||||||
| 720 Santa Barbara St | Santa Barbara | CA | 93101 | 501(c)3 | financial literacy classes to 200 Freshman in the PEAC program | $10,000 | |
| The Foundation Roundtable | |||||||
| PO Box 60157 | Santa Barbara | CA | 93160 | 501(c)3 | Dues for 2022 | $1,000 | |
| The Hive Mentality | |||||||
| 8 S Addison St | Richmond | VA | 23220 | 501(c)3 | youth reform to help young people transition into adulthood | $25,000 | |
| University of California Santa Barbara | |||||||
| ICA Building 243 | Santa Barbara | CA | 93106 | 501(c)3 | scholarships for students to attend UCSB Basketball Camp | $498 | |
| Wilderness Youth Project Incorporated | |||||||
| 2040 Alameda Padre Serra Ste 224 | Santa Barbara | CA | 93103 | 501(c)3 | Bridge to Nature and Bike to Nature and scholarships for low and very low-income kids | $275,000 | |
| Wilderness Youth Project Incorporated | |||||||
| 2040 Alameda Padre Serra Ste 224 | Santa Barbara | CA | 93103 | 501(c)3 | Sea League's Big Blue Bridge to include low income youth of color in ocean sports | $25,000 | |
| Zaca Center Preschool | |||||||
| 27 Six Flags Circle | Buellton | CA | 93427 | 501(c)3 | Early Childhood Education Retreat Best Practices | $150 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,143,223 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $120,513 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,996 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $294,586 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $426,095 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $426,095 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $3,256 | Amt |
| Net Investment Income | $814 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,442 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| Laptop for Catherine | 2017-03-16 | $3,127 | $2,996 | SL | 5.000000000000 | $131 | $0 | $0 |
| Lenovo Thinkpad for CB | 2019-12-06 | $1,788 | $745 | SL | 5.000000000000 | $358 | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate Securities | StockNm |
| EOY Book Value | $4,467,839 | EOYBookValueAmt |
| EOYFMV | $4,467,839 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Coursebase, LLC | FMV | $149,400 | $149,400 |
| 1601 State Street Hotel | FMV | $92,748 | $92,748 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Lenovo Thinkpad for CB | CategoryOrItemTxt |
| Cost Or Other Basis | $1,788 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,103 | AccumulatedDepreciationAmt |
| Book Value | $685 | BookValueAmt |
| EOYFMV | $685 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $2,060 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,060 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized loss on investment | Desc |
| Amt | $885,663 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Computer/database | $6,821 | $0 | $0 | $6,821 |
| Other expenses | $7,034 | $0 | $0 | $7,034 |
| Insurance | $7,652 | $0 | $0 | $7,652 |
| Gifts given | $1,646 | $0 | $0 | $1,646 |
| Payroll fees | $4,424 | $0 | $0 | $4,424 |
| Workers compensation | $1,354 | $0 | $0 | $1,354 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue And Expenses Per Books | $10,996 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $10,996 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $10,996 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Taxes and licenses | CategoryTxt |
| Amt | $3,101 | Amt |
| Net Investment Income | $3,101 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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