CALM FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CALM FOUNDATION (EIN 45-3337097)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-29
- IRS object ID
- 202531199349100548
- Schema version
- 2024v5.0
- 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
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-29T13:59:29-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 822968572 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L&H CPAS AND ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10000 N CENTRAL EXPY STE 710 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75231 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453337097 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CALM | BusinessNameControlTxt |
| Phone | 7196417777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1915 WOOD AVE | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80907 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LISA TESSAROWICZ | PersonNm |
| Person Title | PRESIDENT/TREASURER | PersonTitleTxt |
| Phone | 7196417777 | PhoneNum |
| Signature | 2025-04-24 | SignatureDt |
| 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 | BRYAN DAVIS CPA | PreparerPersonNm |
| PTIN | P00171069 | PTIN |
| Phone | 9724211099 | PhoneNum |
| Preparation | 2025-04-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | 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 | $75,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $26,619 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $26,619 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,115 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,115 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$15,733 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $111,908 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,280 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $48,687 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $48,687 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $137,688 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $79,701 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,500 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,043 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $16,770 | OccupancyRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $23,265 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $23,265 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $44,578 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,277 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $62,537 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,537 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $107,115 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,277 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $62,537 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $30,573 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $56,424 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Nts And Loans Rcvbl | $325,839 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $348,194 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $325,839 | OtherNtsAndLoansRcvblEOYAmt |
| Other Investments BOY | $271,380 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $321,601 | OtherInvestmentsEOYAmt |
| Other Assets BOY | $583,793 | OtherAssetsBOYAmt |
| Other Assets EOY | $586,500 | OtherAssetsEOYAmt |
| Total Assets BOY | $1,203,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,233,940 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,203,367 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,233,940 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,203,367 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,233,940 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,203,367 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,233,940 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,203,367 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $30,573 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,233,940 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,233,940 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,280 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $784 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $784 | SubtotalAmt |
| Tax Based On Investment Income | $784 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $45 | EsPenaltyAmt |
| Tax Due | $829 | 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 |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| 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 | NONE | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA TESSAROWICZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7196417777 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2023 N CASCADE AVE | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80907 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL TESSAROWICZ | ||||||||
| 1915 WOOD AVE | COLORADO SPRINGS | CO | 80907 | DIRECTOR | 0.04 | $0 | $0 | $0 |
| CHRISTINE TESSAROWICZ | ||||||||
| 1915 WOOD AVE | COLORADO SPRINGS | CO | 80907 | SECRETARY | 0.25 | $0 | $0 | $0 |
| ALEC TESSAROWICZ | ||||||||
| 3285 BRIGGS AVENUE | ALAMEDA | CA | 94501 | DIRECTOR | 0.04 | $0 | $0 | $0 |
| LISA TESSAROWICZ | ||||||||
| 2023 N CASCADE AVE | COLORADO SPRINGS | CO | 80907 | PRESIDENT/TR | 10.00 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $296,491 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $922,163 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,218,654 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,218,654 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $18,280 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,200,374 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $60,019 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $60,019 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $784 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $784 | TotalTaxAmt |
| Distributable Before Adj | $59,235 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $59,235 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $59,235 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $62,537 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $62,537 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $59,235 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $2,316 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $5,973 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,289 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $62,537 | QualifyingDistributionsAmt |
| Applied To Current Year | $59,235 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,302 | RemainingDistriFromCorpusAmt |
| Total Corpus | $11,591 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $11,591 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $2,316 | ExcessFromYear3Amt |
| Excess From Year1 | $5,973 | ExcessFromYear1Amt |
| Excess From Current Year | $3,302 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LISA TESSAROWICZ | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2023 N CASCADE AVE | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80907 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7196417777 | RecipientPhoneNum |
| Form And Info And Materials | NOT APPLICABLE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NOT APPLICABLE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NOT APPLICABLE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| ROCKY MTN WOMEN'S FILM FESTIVAL | |||||
| 421 S TEJON ST SUITE 333 | COLORADO SPRINGS | CO | 80903 | 3-DAY CELEBRATION OF WOMEN & FILM | $3,537 |
| YOUTH DOCUMENTARY ACADEMY | |||||
| 2727 N CASCADE AVE 140 | COLORADO SPRINGS | CO | 80907 | TRAINS YOUTH IN FILMMAKING | $5,000 |
| SUN MOUNTAIN TAIKO | |||||
| 19195 BLACK FOREST RD | COLORADO SPRINGS | CO | 80908 | ADVANCE THE ART OF TAIKO | $2,500 |
| YU MING CHARTER SCHOOL | |||||
| 675 41ST ST | OAKLAND | CA | 94609 | MANDARIN IMMERSION EDUCATION | $10,000 |
| EARLY CONNECTIONS | |||||
| 104 E RIO GRANDE | COLORADO SPRINGS | CO | 80903 | PRESCHOOL | $15,000 |
| ROCKY MOUNTAIN PBS | |||||
| 2101 ARAPAHOE ST | DENVER | CO | 80205 | PUBLIC BROADCASTING | $6,000 |
| SHUTTER AND STRUM | |||||
| 2217 E PLATT AVE | COLORADO SPRINGS | CO | 80909 | PROMOTE VISUAL ARTS | $7,500 |
| FRESH FOOD CONNECT | |||||
| PO BOX 181582 | DENVER | CO | 80218 | HUNGER RELIEF | $6,000 |
| ROUNDUP FELLOWSHIP | |||||
| 5045 LIST DRIVE | COLORADO SPRINGS | CO | 80919 | INSPIRE & EMPOWER PEOPLE | $2,000 |
| SENOR MANUELS | |||||
| 4660 N NEVADA AVE | COLORADO SPRINGS | CO | 80918 | RECOVERY FROM FIRE DAMAGE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,537 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $26,619 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,115 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $48,687 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$15,733 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $62,688 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $62,688 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | MICHAEL TESSAROWICZ | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1915 WOOD AVE | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80907 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $75,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $3,500 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (7 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| VGHCX | PURCHASE | 2024-12 | $3,493 | $3,490 | $3 |
| QQQ | PURCHASE | 2024-10 | $21,619 | $5,592 | $16,027 |
| IBB | PURCHASE | 2024-09 | $10,154 | $5,097 | $5,057 |
| VGHCX | PURCHASE | 2024-12 | $53,048 | $50,291 | $2,757 |
| VWO | PURCHASE | 2024-09 | $22,314 | $20,956 | $1,358 |
| LEE SPIRITS | PURCHASE | 2024-12 | $25,000 | -$25,000 | |
| PEAK CITY ATHLETICS | PURCHASE | 2024-12 | $17,215 | -$17,215 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FIDELITY INVESTMENTS | CategoryOrItemTxt |
| Book Value | $321,601 | BookValueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INVESTMENT IN LEE SPIRITS | $25,000 | |
| INVESTMENT IN SNAPADVICE | $10,000 | $10,000 |
| INVESTMENT IN LIL MARKET | $370,000 | $370,000 |
| INVESTMENT IN CS PIONEER FUND | $76,244 | $117,934 |
| INVESTMENT IN CRAGMOR ROAD | $28,805 | $10,076 |
| INVESTMENT IN TRAILSIDE PIKES PEAK | $73,744 | $78,490 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| INVESTMENT MANAGEMENT FEES | $23,264 | $23,264 |
| OTHER | $1 | $1 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CS PIONEER COMMUNITY FUND K1 | $41,710 | $41,710 |
| LIL MARKET K1 | $9,119 | $9,119 |
| EPD K1 | -$919 | -$919 |
| CRAGMOR ROAD | -$3,298 | -$3,298 |
| TRAILSIDE PEAKS | -$10,254 | -$10,254 |
| UNREALIZED GAINS | $12,329 | $12,329 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (13 entries)
| Balance DueBalanceDueAmt |
|---|
| LOYAL COFFEE |
| $65,000 |
| BREAD AND BUTTER |
| $5,000 |
| 749 E WILLAMETTE |
| $50,000 |
| DAVIS THREE JEC |
| $100,000 |
| SPARK MINDSET |
| $14,765 |
| PEAK CITY ATHLETICS |
| EARLY BIRD PUBLISHING |
| LUXE DAQUIRI BAR |
| $14,412 |
| 18SIERRA |
| REMNANTS |
| $10,262 |
| STOMPIN GROUNDS |
| $20,000 |
| FOOD TO POWER |
| $26,400 |
| NEW DAY LIVING |
| $20,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL INCOME TAX | $1,031 | |
| FOREIGN INCOME TAX | $12 | $12 |