KENNETH W ODEN CHARITABLE TR 052704: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
KENNETH W ODEN CHARITABLE TR 052704 (EIN 20-7052490)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349104634
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T02:15:05-00:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561988973PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ingersoll Law Practice PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13733 National Dr Ste 215AddressLine1Txt
CityRaleighCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27612ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN207052490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kenneth W Oden Charitable TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Jean L DixonInCareOfNm
Business Name ControlKENNBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line142198 Askins Creek DriveAddressLine1Txt
CityAvonCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJean Lousie DixonPersonNm
Person TitleDirecterPersonTitleTxt
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJean LousiePersonFirstNm
Person LastDixonPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonShaun A IngersollPreparerPersonNm
PTINP01370121PTIN
Phone9197830236PhoneNum
Preparation2023-11-15PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$265,938FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$78,636ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$21InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$21InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$8,191DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,191DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$9,073NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$68,223GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,073CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$160OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$96,081TotalRevAndExpnssAmt
Total Net Invst Incm$17,285TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$20,885OthEmplSlrsWgsRevAndExpnssAmt
Legal Fees Rev And Expnss$1,790LegalFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$188TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$60,179OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$83,042TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$38,953ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$38,953ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$121,995TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$38,953TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$25,914ExcessRevenueOverExpensesAmt
Net Investment Income$17,285NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$14,677CashBOYAmt
Cash EOY$21,565CashEOYAmt
Cash EOYFMV$21,565CashEOYFMVAmt
Sav And Temp Cash Invst BOY$6,328SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,263SavAndTempCashInvstEOYAmt
Corporate Stock BOY$300,971CorporateStockBOYAmt
Corporate Stock EOY$244,373CorporateStockEOYAmt
Corporate Stock EOYFMV$244,373CorporateStockEOYFMVAmt
Total Assets BOY$321,976TotalAssetsBOYAmt
Total Assets EOY$276,201TotalAssetsEOYAmt
Total Assets EOYFMV$265,938TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$321,976RetainedEarningBOYAmt
Retained Earning EOY$276,201RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$321,976TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$276,201TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$321,976TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$276,201TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$321,976TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$25,914ExcessRevenueOverExpensesAmt
Subtotal$296,062SubtotalAmt
Other Decreases$19,861OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$276,201TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Wells Fargo AccountP2021-08-272022-05-25$9,557$9,192$365$365
Wells Fargo AccountP2022-01-242022-01-24$60$60$60
Wells Fargo AccountP2018-12-182022-05-26$58,606$50,076$8,648$8,648
FieldValueIRS element (for citing)
Capital Gain Net Income$9,073CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$425NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$240InvestmentIncomeExciseTaxAmt
Subtotal$240SubtotalAmt
Tax Based On Investment Income$240TaxBasedOnInvestmentIncomeAmt
Tax Due$240TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresshatterasyouth.comWebsiteAddressTxt
Individual With BooksJean-Louise DixonIndividualWithBooksNm
Phone2529956086PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line142198 Askins Creek DriveAddressLine1Txt
CityAvonCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27915ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Jean-Louise Dixon
42198 Askins Creek DriveAvonNC27915Trustee005.00$0
Warren Gaskins III
PO Box 159AvonNC27915Director000.50$0
Jim Lyons
PO Box 698BuxtonNC27920Director000.50$0
Christy Oberbeck
PO Box 853BuxtonNC27915Director000.50$0
Daniel Garcia
PO Box 443HatterasNC27943Director000.50$0
Barrett Bodiford
PO Box 472AvonNC27936Director000.50$0
Shaun A Ingersoll
3733 National Drive Ste 215RaleighNC27612secretary000.10$0
Sherry Couch
PO Box 1001BuxtonNC27920Director000.50$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1The Foundation supports the local public schools on Hatteras Island, North Carolina, so as to meet the initial purpose to benefit the children of Hatteras Island. Grants are made to professional educators and administrators of the local elementary, secondary and high school to enhance educational programsDescription1Txt
Expenses1$0Expenses1Amt
Description2The grants support all of the students of the only local public schools on Hatteras Island which educate over 500 studentsDescription2Txt
Expenses2$0Expenses2Amt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$240TaxBasedOnInvestmentIncomeAmt
Total Tax$240TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$38,953ExpensesAndContributionsAmt
Qualifying Distributions$38,953QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$42,558ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$21,802ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$33,450ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$42,945ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$8,759ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$149,514TotalExcessDistributionCyovAmt
Qualifying Distributions$38,953QualifyingDistributionsAmt
Remaining Distri From Corpus$38,953RemainingDistriFromCorpusAmt
Total Corpus$188,467TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$42,558ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$145,909ExcessDistriCyovToNextYrAmt
Excess From Year4$21,802ExcessFromYear4Amt
Excess From Year3$33,450ExcessFromYear3Amt
Excess From Year2$42,945ExcessFromYear2Amt
Excess From Year1$8,759ExcessFromYear1Amt
Excess From Current Year$38,953ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagernoneContributingManagerNm
Shareholder ManagernoneShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJean-Louise DixonRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line142198 Askins Creek DriveAddressLine1Txt
CityAvonCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27915ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2529956086RecipientPhoneNum
Form And Info And MaterialsContact Trustee Jean-Louise Dixon by phone for application or visit websiteFormAndInfoAndMaterialsTxt
Submission DeadlinesnoneSubmissionDeadlinesTxt
Restrictions On AwardsAll Grants must directly benifit the children of Hatteras Island, North Carolina. See Bylaws for infoRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Hatteras Island Elementary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$1,000
Hatteras Island Elementary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Elementary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$7,271
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$1,075
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$5,000
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$1,899
Hatteras Island Elementary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$585
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$1,275
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$4,244
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$3,125
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$5,500
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$600
Hatteras Island Secondary School
47500 Middle Ridge TrailBuxtonNC27920noneGOVeducational support$4,379
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$38,953TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockWells Fargo Inv. Acct.StockNm
EOY Book Value$244,373EOYBookValueAmt
EOYFMV$244,373EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal feesCategoryTxt
Legal Fees$1,790LegalFeesAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Descasset depreciation plugDesc
Amt$19,861Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
supplies$12,464
trophies and awards$11,062
advertising$3,025
storage$1,100
meals$4,320
misc$424
contract labor$20,885
wwix$480
insurance$833
computer software$5,203
cleaning$300
postage$83

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Descrefunds from previous unused grantsDesc
Revenue And Expenses Per Books$160RevenueAndExpensesPerBooksAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Taxes Schedule TaxesSchedule

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.