MICHELSON 20MM FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON 20MM FOUNDATION INC (EIN 27-2898736)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-16
- IRS object ID
- 202343209349101689
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-16T17:48:44-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3011 TOWNSGATE ROAD SUITE 400 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | 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 | 272898736 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHELSON 20MM FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHELSON PHILANTHROPIES | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 3108069700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 S Robertson Blvd Suite 105 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90034 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHIL KIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3108069700 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PHIL | PersonFirstNm |
| Person Last | KIM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephanie Wilkinson | PreparerPersonNm |
| PTIN | P01231617 | PTIN |
| Phone | 8053748555 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,374,656 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,815,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $26 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $26 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $26 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,619 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,619 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,619 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $396,621 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $555,854 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $396,621 | CapGainNetIncmNetInvstIncmAmt |
| Incm Modifications Adj Net Incm | $705,854 | IncmModificationsAdjNetIncmAmt |
| Other Income Rev And Expnss | $15,325 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,243 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $14,315 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $3,228,591 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $411,509 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $721,814 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $945,991 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $945,991 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $154,961 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $154,961 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,907 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,907 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,553 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,777 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,776 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $80,749 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $80,749 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $200 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $200 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $703 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $98,970 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $98,970 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $75,628 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $75,628 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $139,168 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | -$32,823 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,513,830 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,777 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,335,359 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $982,665 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $982,665 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,496,495 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,777 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,318,024 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $732,096 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $405,732 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $721,814 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $524,479 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,291,576 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,291,576 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $3,169 | AcctRcvblAmt |
| Acct Rcvbl BOY | $27 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $3,169 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,169 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $0 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $22,270 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $22,270 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $70,701 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $70,701 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $9,935 | LandBOYAmt |
| Other Assets BOY | $2,749,371 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,057,641 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,057,641 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $3,283,812 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,374,656 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,374,656 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $153,951 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $301,712 | AccountsPayableEOYAmt |
| Grants Payable BOY | $0 | GrantsPayableBOYAmt |
| Grants Payable EOY | $46,500 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $8,521 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $153,951 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $356,733 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,129,861 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $4,017,923 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,129,861 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,017,923 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,283,812 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,374,656 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,129,861 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $732,096 | ExcessRevenueOverExpensesAmt |
| Other Increases | $155,966 | OtherIncreasesAmt |
| Subtotal | $4,017,923 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,017,923 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| KNOWLEDGE DIFFUSION - PRI | P | 2022-11-09 | $555,854 | $150,000 | $405,854 | $405,854 |
| DISPOSAL OF ASSETS | P | $0 | $9,233 | -$9,233 | -$9,233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $396,621 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,640 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,640 | SubtotalAmt |
| Tax Based On Investment Income | $5,640 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,862 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $11,862 | TotalPaymentsAndCreditsAmt |
| Overpayment | $6,222 | OverpaymentAmt |
| Applied To ES Tax | $6,222 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 | WWW.20MM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELSON PHILANTHROPIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108069700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 S ROBERTSON BLVD SUITE 105 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90034 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| Gary K Michelson M D | ||||||||
| 3000 S Robertson Blvd Suite 105 | LOS ANGELES | CA | 90034 | CEO | 1.0 | $0 | $0 | $0 |
| PHIL KIM | ||||||||
| 3000 S Robertson Blvd Suite 105 | LOS ANGELES | CA | 90034 | PRESIDENT | 15.0 | $0 | $0 | $0 |
| DAVID COHEN | ||||||||
| 3000 S Robertson Blvd Suite 105 | LOS ANGELES | CA | 90034 | CFO | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MAYRA LOMBERA | ||||||||
| 3000 S ROBERTSON AVE | LOS ANGELES | CA | 90034 | COO | 40.0 | $163,499 | $47,003 | $0 |
| MIGUEL LEON | ||||||||
| 3000 S ROBERTSON AVE | LOS ANGELES | CA | 90034 | STRATEGIC DIRECTOR | 40.0 | $106,047 | $20,140 | $0 |
| RYAN ERICKSON-KULAS | ||||||||
| 3000 S ROBERTSON AVE | LOS ANGELES | CA | 90034 | PROGRAMS DIRECTOR | 40.0 | $98,261 | $10,827 | $0 |
| KENIA MIRANDA VERDUGO | ||||||||
| 3000 S ROBERTSON AVE | LOS ANGELES | CA | 90034 | PROGRAM MANAGER | 40.0 | $76,298 | $6,372 | $0 |
| CAILYN NAGLE | ||||||||
| 3000 S ROBERTSON AVE | LOS ANGELES | CA | 90034 | PROGRAM MANAGER | 40.0 | $74,973 | $8,444 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 5 | OtherEmployeePaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THIS PROGRAM SUPPORTS DIGITAL EQUITY EFFORTS AIMED AT CLOSING THE DIGITAL DIVIDE, PARTICULARLY AMONGST UNDERSERVED AND HISTORICALLY MARGINALIZED COMMUNITIES. | Description1Txt |
| Expenses1 | $485,103 | Expenses1Amt |
| Description2 | THIS PROGRAM SUPPORTS COMPANIES WORKING ON HIGHER LEARNING TECHNOLOGIES: PROGRAMS, PRODUCTS, AND/OR SERVICES THAT IMPROVE EQUITY, ACCESS, AND EFFICACY IN POSTSECONDARY ED. | Description2Txt |
| Expenses2 | $413,248 | Expenses2Amt |
| Description3 | SUPPORTS ORGANIZATIONS AND INITIATIVES THAT SEEK TO INCREASE AWARENESS AND DEMOCRATIZE ACCESS TO INTELLECTUAL PROPERTY EDUCATION ACROSS U.S. INSTITUTIONS OF HIGHER ED. | Description3Txt |
| Expenses3 | $384,455 | Expenses3Amt |
| Description4 | THIS PROGRAM SUPPORTS INCARCERATED, RETURNING, AND SYSTEMS IMPACTED STUDENTS AS THEY ACHIEVE THEIR FULLEST ACADEMIC POTENTIAL. | Description4Txt |
| Expenses4 | $270,457 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EDQUITY- OFFERS AUTOMATED ASSISTANCE AROUND COLLEGE FINANCIAL MATCHING, PLANNING, FAFSA COMPLETION, AND COLLEGE FINANCIAL MANAGEMENT FOR HIGH SCHOOL AND COLLEGE STUDENTS. | Description1Txt |
| Expenses1 | $300,000 | Expenses1Amt |
| Total | $300,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $684,557 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $684,557 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $684,557 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,268 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $674,289 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $33,714 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,318,024 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $300,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,618,024 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-09-05 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $33,714 | CurrentYearAmt |
| Year1 | $23,577 | Year1Amt |
| Year2 | $30,982 | Year2Amt |
| Year3 | $15,822 | Year3Amt |
| Total | $104,095 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $28,657 | CurrentYearAmt |
| Year1 | $20,040 | Year1Amt |
| Year2 | $26,335 | Year2Amt |
| Year3 | $13,449 | Year3Amt |
| Total | $88,481 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,618,024 | CurrentYearAmt |
| Year1 | $2,097,929 | Year1Amt |
| Year2 | $2,336,276 | Year2Amt |
| Year3 | $2,434,899 | Year3Amt |
| Total | $9,487,128 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $982,665 | CurrentYearAmt |
| Year1 | $751,175 | Year1Amt |
| Year2 | $619,900 | Year2Amt |
| Year3 | $352,000 | Year3Amt |
| Total | $2,705,740 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,635,359 | CurrentYearAmt |
| Year1 | $1,346,754 | Year1Amt |
| Year2 | $1,716,376 | Year2Amt |
| Year3 | $2,082,899 | Year3Amt |
| Total | $6,781,388 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $22,476 | CurrentYearAmt |
| Year1 | $15,718 | Year1Amt |
| Year2 | $20,655 | Year2Amt |
| Year3 | $27,338 | Year3Amt |
| Total | $86,187 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GARY K MICHELSON MD | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MAYRA LOMBERA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3108069700 | RecipientPhoneNum |
| Form And Info And Materials | GRANT-SEEKING ORGANIZATIONS CAN SEND AN EMAIL THROUGH THE MICHELSON 20MM FOUNDATION, INC. WEBSITE, WWW.20MM.ORG. AFTER AN INITIAL CONVERSATION, THE MICHELSON 20MM FOUNDATION, INC. MAY EXTEND AN INVITATION TO FORMALLY SUBMIT AN APPLICATION. IN THE CASE WHERE THE MICHELSON 20MM FOUNDATION, INC. PUTS OUT A REQUEST FOR PROPOSAL (RFP), THE APPLICATION WILL LIKELY BE INCLUDED AS PART OF THE RFP PACKAGE. REQUESTED MATERIALS MAY VARY, BUT THE MICHELSON 20MM FOUNDATION, INC. WILL LIKELY ASK FOR FINANCIALS, A PRESENTATION DECK, REFERENCES (EXISTING FUNDERS OR INVESTORS), AND ANY PARTICULARS AROUND THE ORGANIZATION'S INITIATIVE, PROJECT, OR PRODUCT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | n/a | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE MICHELSON 20MM FOUNDATION, INC. FUNDS U.S. ORGANIZATIONS OR COMPANIES PRIMARILY IN THE HIGHER EDUCATION SPACE WHICH LEVERAGE LEADING-EDGE TECHNOLOGIES PARTICULARLY FOR THE PURPOSE OF INCREASING AFFORDABILITY OF EDUCATION FOR TRADITIONALLY UNDERSERVED COMMUNITIES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The Academic Senate For CA Community Colleges | |||||||
| ONE CAPITOL MALL suite 230 | SACRAMENTO | CA | 95814 | NONE | PC | Education Access & Affordability | $3,000 |
| CALIFORNIA COMMUNITY FOUNDATION | |||||||
| 221 S FIGUEROA STREET SUITE 400 | LOS ANGELES | CA | 90012 | NONE | PC | EDUCATION ACCESS & AFFORDABILITY | $4,000 |
| The Rand Corporation | |||||||
| 1776 MAIN STREET PO BOX 2138 | SANTA MONICA | CA | 90407 | NONE | PC | Resources for People Impacted by Mass Incarceration | $25,000 |
| COMMUNITY PARTNERS | |||||||
| 1000 NORTH ALAMEDA STREET SUITE 24 | LOS ANGELES | CA | 90012 | NONE | PC | Resources for People Impacted by Mass Incarceration COMMUNITY PROJECTS FOR PUBLIC GOOD EDUCATION ACCESS & AFFORDABILITY INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $127,500 |
| Creative Commons Corporation | |||||||
| PO Box 741107 | Los Angeles | CA | 90074 | NONE | PC | Education Access & Affordability | $27,500 |
| CSULB 49er Foundation | |||||||
| 6300 E STATE UNIVERSITY DR SUITE | LONG BEACH | CA | 90815 | NONE | PC | Education Access & Affordability | $5,000 |
| NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTR | |||||||
| ONE FEDERAL STREET SUITE 101 | SPRINGFIELD | MA | 01105 | NONE | PC | Intellectual Property Education/Support | $20,000 |
| MOREHOUSE COLLEGE | |||||||
| 830 WESTVIEW DRIVE SW | ATLANTA | GA | 30314 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| VENTUREWELL | |||||||
| 100 VENTURA WAY 1ST FLOOR | HADLEY | MA | 01035 | NONE | PC | Intellectual Property Education/Support | $2,000 |
| NEW VENTURE FUND | |||||||
| PO Box 37734 | Baltimore | MD | 21297 | NONE | PC | Education Access & Affordability | $38,250 |
| Norfolk State University Foundation Inc | |||||||
| 700 PARK AVENUE Suite 410 | NORFOLK | VA | 23504 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| Open Education Global Incorporated | |||||||
| 60 THOREAU STREET SUITE 238 | CONCORD | MA | 01742 | NONE | PC | Education Access & Affordability | $1,000 |
| Public Policy Institute of California | |||||||
| 500 WASHINGTON STREET SUITE 600 | SAN FRANCISCO | CA | 94111 | NONE | PC | Public Policy Research, Digital Services Access & Affordability | $35,000 |
| Purdue University | |||||||
| 23510 Network Place | Chicago | IL | 60673 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| South Carolina State University | |||||||
| 300 College Avenue NE / PO Box 700 | ORANGEBURG | SC | 29117 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| Tuskegee University | |||||||
| 110 Henderson Hall | TUSKEGEE INSTITUTE | AL | 36088 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| Xavier University | |||||||
| 1 DREXEL DRIVE BOX 66 | NEW ORLEANS | LA | 70125 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $10,000 |
| Young Invincibles | |||||||
| 1201 Connecticut Avenue NW Suite 6 | Washington | DC | 20036 | NONE | PC | EDUCATION ACCESS & AFFORDABILITY | $25,000 |
| UNITED STATES INTELLECTUAL PROPERTY ALLIANCE INC | |||||||
| PO BOX 1362 | VILLA RICA | GA | 30180 | NONE | PC | INTELLECTUAL PROPERTY EDUCATION/SUPPORT | $2,500 |
| THE URBAN ASSOC OF FORESTRY AND FIRE PROFESSIONALS | |||||||
| 110 W 6TH STREET SUITE 162 | AsUzA | CA | 91702 | NONE | PC | Resources for People Impacted by Mass Incarceration | $25,000 |
| ROOT & REBOUND | |||||||
| 1730 FRANKLIN STREET SUITE 300 | OAKLAND | CA | 94612 | NONE | PC | Resources for People Impacted by Mass Incarceration | $2,500 |
| CONNECT TO COMPETE INC | |||||||
| 714 W OLYMPIC BLVD SUITE 924 | LOS ANGELES | CA | 90015 | NONE | PC | Digital Services Access & Affordability | $5,000 |
| AMERICAN ASSOCIATION OF COLLEGES AND UNIVERSITIES | |||||||
| 1818 R STREET NW | WASHINGTON | DC | 20009 | NONE | PC | Education Access & Affordability | $25,000 |
| BENTON INSTITUTE FOR BROADBAND & SOCIETY | |||||||
| 1041 RIDGE RD SUITE 214 | WILMETTE | IL | 60091 | NONE | POF | Digital Services Access & Affordability | $10,000 |
| BETHUNE COOKMAN UNIVERSITY INC | |||||||
| 640 DR MARY MCLEOD BETHUNE BLVD | DAYTONA BEACH | FL | 32114 | NONE | PC | Intellectual Property Education/Support | $25,000 |
| BOARD OF REGENTS NEVADA SYSTEM OF HIGHER EDUCATION | |||||||
| 4505 S MARYLAND PKWY BOX 456034 | LAS VEGAS | NV | 89154 | NONE | PC | Intellectual Property Education/Support | $2,500 |
| CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION | |||||||
| 4910 N CHESTNUT AVE | FRESNO | CA | 93726 | NONE | PC | Education Access & Affordability | $5,000 |
| CASA OF LOS ANGELES | |||||||
| 201 CENTRE PLAZA DRIVE 1100 | MONTEREY PARK | CA | 91754 | NONE | PC | Resources for People Impacted by Mass Incarceration | $1,500 |
| CENTER FOR ACCESSIBLE TECHNOLOGY | |||||||
| 3075 ADELINE ST SUITE 220 | BERKELEY | CA | 94703 | NONE | PC | Digital Services Access & Affordability | $100,000 |
| community college league of california | |||||||
| 2017 O street | SACRAMENTO | CA | 95811 | NONE | PC | Education Access & Affordability | $8,000 |
| CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION | |||||||
| 18111 NORDHOFF STREET VALERA HALL | NORTHRIDGE | CA | 91330 | NONE | PC | Resources for People Impacted by Mass Incarceration | $25,000 |
| ELEVATE COMMUNITY SERVICES INC | |||||||
| PO BOX 9309 | FRESNO | CA | 93791 | NONE | PC | Education Access & Affordability | $25,000 |
| FOOD RESEARCH AND ACTION CENTER | |||||||
| 1200 18TH STREET NW SUITE 400 | WASHINGTON | DC | 20036 | NONE | PC | Education Access & Affordability | $20,000 |
| HAMPTON UNIVERSITY | |||||||
| AFFAURS AND TREASURER | HAMPTON | VA | 23668 | NONE | PC | Intellectual Property Education/Support | $25,000 |
| HUMAN-I-T | |||||||
| PO BOX 102708 | PASADENA | CA | 91189 | NONE | PC | Digital Services Access & Affordability | $25,000 |
| INSTITUTE FOR LOCAL SELF RELIANCE INC | |||||||
| 2720 EAST 22ND STREET | MINNEAPOLIS | MN | 55406 | NONE | PC | Digital Services Access & Affordability | $25,000 |
| INTELLECTUAL PROPERTY OWNERS EDUCATION FOUNDATION | |||||||
| 1501 M STREET NW SUITE 1150 | WASHINGTON | DC | 20005 | NONE | PC | Intellectual Property Education/Support | $10,000 |
| LOS ANGELES COUNTY SCIENCE AND ENGINEERING FAIR | |||||||
| 9300 IMPERIAL HIGHWAY | DOWNEY | CA | 90241 | NONE | PC | Intellectual Property Education/Support | $5,000 |
| NATIONAL ACADEMY OF INVENTORS INC | |||||||
| 3702 SPECTRUM BLVD SUITE 165 | TAMPA | FL | 33612 | NONE | PC | Intellectual Property Education/Support | $2,000 |
| NATIONAL STUDENT LEGAL DEFENSE NETWORK | |||||||
| 1015 15TH STREET NW 600 | WASHINGTON | DC | 20005 | NONE | PC | Education Access & Affordability | $21,415 |
| NEXTGEN CLIMATE AMERICA INC | |||||||
| 1414 K STREET 6TH FL | SACRAMENTO | CA | 95814 | NONE | PC | Digital Services Access & Affordability | $25,000 |
| PUBLIC ADVOCATES INC | |||||||
| 131 STEUART ST SUITE 300 | SAN FRANCISCO | CA | 94105 | NONE | PC | EDUCATION ACCESS & AFFORDABILITY | $25,000 |
| REGENTS OF THE UNIVERSITY OF CA IRVINE | |||||||
| 120 THEORY SUITE 200 | IRVINE | CA | 92617 | NONE | PC | Resources for People Impacted by Mass Incarceration | $25,000 |
| SAN DIEGO STATE UNIVERSITY FOUNDATION | |||||||
| 6475 ALVARADO ROAD | SAN DIEGO | CA | 92120 | NONE | SO III FI | Intellectual Property Education/Support | $1,500 |
| SOUTHERN CALIFORNIA GRANTMAKERS | |||||||
| 1000 NORTH ALAMEDA STREET SUITE 23 | LOS ANGELES | CA | 90012 | NONE | PC | Support for Southern California Latinxs in Philanthropy | $5,000 |
| THE EDUCATION TRUST INC | |||||||
| 1501 K STREET NW 200 | WASHINGTON | DC | 20005 | NONE | PC | Education Access & Affordability | $25,000 |
| THE UTILITY REFORM NETWORK | |||||||
| 268 BUSH STREET suite 3933 | SAN FRANCISCO | CA | 94104 | NONE | PC | Digital Services Access & Affordability | $100,000 |
| TIDES CENTER | |||||||
| 1012 TORNEY AVE | SAN FRANCISCO | CA | 94129 | NONE | PC | Digital Services Access & Affordability | $5,500 |
| STUDENT SENATE FOR CALIFORNIA COMMUNITY COLLEGE | |||||||
| 1102 Q ST 6TH FL | SACRAMENTO | CA | 95811 | NONE | PC | Education Access & Affordability | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $982,665 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $26 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,619 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $396,621 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME | 01 | $956 |
| CONSULTING INCOME | 01 | $116 |
| TAX REFUND | 01 | $1,010 |
| INTEREST INCOME - PRIS | 14 | $13,243 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $413,591 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $413,591 | 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 | Yes (true) | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | Yes (true) | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (2 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| MICHELSON CENTER FOR | ||
| 1b(4) | $12,226 | RESOURCE SHARING OF EMPLOYEES |
| MICHELSON CENTER FOR | ||
| 1c | $12,226 | RESOURCE SHARING OF EMPLOYEES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELSON CENTER FOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | SAME FOUNDER | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MICHELSON MEDICAL RESEARCH FOUNDATI | ||||||
| 1 | 11755 WILSHIRE BLVD SUITE 1400 | LOS ANGELES | CA | 90025 | $2,500,000 | Yes (X) |
| BAY AREA AIR QUALITY MANAGEMENT DIS | ||||||
| 2 | 375 BEALE STREET SUITE 600 | SAN FRANCISCO | CA | 94105 | $75,000 | Yes (X) |
| WALTER S JOHNSON FOUNDATION | ||||||
| 3 | 505 MONTGOMERY STREET SUITE 1200 | SAN FRANCISCO | CA | 94111 | $20,000 | Yes (X) |
| THE SAN FRANCISCO FOUNDATION | ||||||
| 4 | ONE EMBARCADERO CENTER 1400 | SAN FRANCISCO | CA | 94111 | $50,000 | Yes (X) |
| SILICON VALLEY COMMUNITY FOUNDATION | ||||||
| 5 | 2440 WEST EL CAMINO REAL suite 300 | MOUNTAIN VIEW | CA | 94040 | $50,000 | Yes (X) |
| CALIFORNIA COMMUNITY FOUNDATION | ||||||
| 6 | 221 S FIGUEROA ST SUITE 400 | LOS ANGELES | CA | 90012 | $100,000 | Yes (X) |
| ECMC FOUNDATION | ||||||
| 7 | 444 S Flower St Suite 2550 | LOS ANGELES | CA | 90071 | $20,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $11,553 | Amt |
| Net Investment Income | $5,777 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,776 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (25 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| DIGITAL PUBLISHING | 2012-08-16 | $4,750 | $4,750 | SL | 3 | |
| DIGITAL PUBLISHING | 2012-08-16 | $12,700 | $12,700 | SL | 3 | |
| DIGITAL PUBLISHING | 2013-09-26 | $8,000 | $8,000 | SL | 3 | |
| OFFICE EQUIPMENT | 2015-11-16 | $1,094 | $949 | SL | 7 | |
| FURNITURE | 2017-12-26 | $2,935 | $1,676 | SL | 7 | |
| COMPUTER EQUIPMENT | 2017-07-05 | $1,093 | $985 | SL | 5 | |
| COMPUTER EQUIPMENT | 2017-08-16 | $1,077 | $932 | SL | 5 | |
| COMPUTER EQUIPMENT | 2017-12-20 | $2,971 | $2,376 | SL | 5 | |
| COMPUTER EQUIPMENT | 2017-12-26 | $2,726 | $2,180 | SL | 5 | |
| WEBSITE | 2017-02-13 | $33,500 | $33,500 | SL | 3 | |
| COMPUTER EQUIPMENT | 2018-12-18 | $1,080 | $648 | SL | 5 | |
| COMPUTER EQUIPMENT | 2018-12-18 | $2,172 | $1,302 | SL | 5 | |
| WEBSITE | 2018-02-27 | $4,000 | $4,000 | SL | 3 | |
| WEBSITE | 2018-04-05 | $1,000 | $1,000 | SL | 3 | |
| WEBSITE | 2019-02-19 | $1,000 | $944 | SL | 3 | $56 |
| WEBSITE | 2019-03-20 | $250 | $229 | SL | 3 | $21 |
| WEBSITE | 2019-04-02 | $1,688 | $1,548 | SL | 3 | $140 |
| WEBSITE | 2019-04-25 | $1,625 | $1,445 | SL | 3 | $180 |
| WEBSITE | 2019-04-30 | $1,063 | $944 | SL | 3 | $119 |
| WEBSITE | 2019-06-24 | $1,125 | $938 | SL | 3 | $187 |
| COMPUTER EQUIPMENT | 2019-05-23 | $2,153 | $1,113 | SL | 5 | |
| COMPUTER EQUIPMENT | 2019-04-25 | $1,240 | $661 | SL | 5 | |
| COMPUTER EQUIPMENT | 2020-09-30 | $2,205 | $551 | SL | 5 | |
| COMPUTER EQUIPMENT | 2020-12-31 | $1,099 | $220 | SL | 5 | |
| COMPUTER EQUIPMENT | 2021-05-31 | $1,110 | $130 | SL | 5 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTIMATIC | |||||||||||
| 95 THIRD STREET 2ND FLOOR | San Francisco | CA | 94103 | 2016-08-12 | $102,252 | Automatic motivational support system THAT IMPROVES OUTCOMES FOR STUDENTS IN HIGHER ED. | $102,252 | NO | 05/2020 ,02/04/2021, 3/10/2023 | 2023-03-10 | VERIFICATION CONFIRMED THAT $102,252 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| REUP EDUCATION INC | |||||||||||
| 55 2nd street floor 25 | SAN FRANCISCO | CA | 94105 | $145,498 | PARTNER WITH UNIV. TO FIND STUDENTS WITH SOME COLLEGE AND NO DEGREE TO RE-ENROLL AND GRADUATE. | $145,498 | NO | 03/01/2023 | 2023-03-01 | VERIFICATION CONFIRMED THAT $145,498 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| PRAGYA SYSTEMS CORP | |||||||||||
| 101 MAIN STREET | Cambridge | MA | 02142 | $50,000 | HIGHER EDUCATION TECHNOLOGY TO SIMPLIFY THE FLOW OF INFORMATION ON AND OFF CAMPUS | $50,000 | NO | 10/31/2022, 2/09/2023 | 2023-02-09 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| LRNR (POCHYS VENTURES INC) | |||||||||||
| 47 SHOAL DRIVE EAST | VALLEJO | CA | 94591 | 2016-08-03 | $25,000 | SUPPORT CONTENT ALIGNED WITH ASSESSMENT AND A FOCUS ON OPEN EDUCATIONAL RESOURCES. | $25,000 | NO | 04/30/2019 | 2019-04-30 | The Michelson 20MM Foundation, Inc. (20MM) made its investment according to the expenditure responsibility requirements, complied with the IRS reporting requirements, and made reasonable efforts to obtain the required follow-up reporting from LRNR (POCHYS VENTURES INC). 20MM confirmed the $25,000 was spent toward the investment purpose with no diversion as of the last obtained report (8/14/2018), but LRNR (POCHYS VENTURES INC) has been unresponsive to multiple requests for additional reports. 20MM will withhold all future payments to LRNR (POCHYS VENTURES INC) until the required reporting is furnished. |
| OPPORTUNITYWORK | |||||||||||
| 1111 19TH STREET NW SUITE 1180 | WASHINGTON | DC | 20036 | 2018-01-09 | $118,785 | CHANGE THE WAY EMPLOYERS HIRE BY USING A HIRING CHANNEL THAT FOCUSES ON SKILLS AND COMPETENCY. | $118,785 | NO | 08/01/2022 | 2022-08-01 | VERIFICATION CONFIRMED THAT $118,785 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| ADMITHUB | |||||||||||
| 38 CHAUNCY STREET | BOSTON | MA | 02111 | $221,454 | ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO FACILITATE THE PATH TO AND THROUGH COLLEGE. | $221,454 | NO | 07/31/2022, 5/18/2023 | 2023-05-18 | VERIFICATION CONFIRMED THAT $221,454 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| APL NEXTED (KATHLEEN GIBSON) | |||||||||||
| 87 E LONG LAKE ROAD | VALPARAISO | IN | 46383 | 2018-03-07 | $50,000 | A COMPREHENSIVE FACULTY MANAGEMENT SOLUTION FOR MANAGING FACULTY WORKFLOW AND DATA. | $50,000 | NO | 05/31/2022, 06/05/2023 | 2023-06-05 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| BOOKNOOK INC | |||||||||||
| 600 GRAND AVENUE 410B | OAKLAND | CA | 94610 | 2018-03-26 | $100,000 | REVOLUTIONIZES THE WAY EDUCATORS TEACH K-5 STUDENTS HOW TO READ WITH TECHNOLOGY. | $100,000 | NO | 05/31/2022, 11/28/2022 | 2022-11-28 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| GOOROO (BOK SOLUTIONS) | |||||||||||
| 1 MORNINGSIDE DRIVE | NEW YORK | NY | 10025 | $300,000 | AN ONLINE MARKETPLACE THAT CONNECTS STUDENTS TO QUALIFIED TUTORS. | $300,000 | NO | 01/31/2022 | 2022-01-31 | VERIFICATION CONFIRMED THAT $300,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| MEASUREONE | |||||||||||
| 535 MISSION STREET 14TH FLOOR | SAN FRANCISCO | CA | 94105 | $175,000 | STREAMLINE INSTITUTIONAL PLACEMENT, FINANCIAL SERVICE ACCESS AND CAREER OPPORTUNITIES. | $175,000 | NO | 05/31/2022 | 2022-05-31 | VERIFICATION CONFIRMED THAT $175,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| NAMECOACH | |||||||||||
| 2627 HANOVER STREET | PALO ALTO | CA | 94304 | $175,000 | PLATFORM FOR ENABLING ACCURATE NAME AND PRONUNCIATION AND GENDER IDENTIFICATION. | $175,000 | NO | 04/30/2022 | 2022-04-30 | VERIFICATION CONFIRMED THAT $175,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| NEXUSEDGE EDUCATION INC | |||||||||||
| 312 ARIZONA AVENUE | SANTA MONICA | CA | 90401 | 2018-03-26 | $25,000 | HELP STUDENTS DISCOVER THEIR CAREER PATHS AND HELP EMPLOYERS MEET QUALIFIED CANDIDATES. | $25,000 | NO | 11/14/2022, 12/11/2022 | 2022-12-11 | VERIFICATION CONFIRMED THAT $25,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| OSMOSIS (KNOWLEDGE DIFFUSION) | |||||||||||
| 37 SOUTH ELLWOOD AVENUE | BALTIMORE | MD | 21224 | $150,000 | A PERSONALIZED LEARNING PLATFORM AND COMPREHENSIVE LIBRARY THAT EDUCATES THE WORLD'S HEALTH. | $150,000 | NO | 01/01/2020, 05/31/2020 | 2020-05-31 | VERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| QUALIFIED (ENTREFUSE INC) | |||||||||||
| 2443 FILLMORE STREET | SAN FRANCISCO | CA | 94115 | 2018-03-26 | $100,000 | TO ASSESS DEVELOPER TALENT THROUGH CODE ASSESSMENTS, LIVE INTERVIEW TOOL AND RECRUITING PROCESS. | $100,000 | NO | 11/29/2022, 12/05/2022 | 2022-12-05 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| THE WHETHER (BETTERWEEKDAYS INC) | |||||||||||
| 911 WASHINGTON AVENUE | ST LOUIS | MO | 63101 | 2018-03-26 | $50,000 | A PERSONALIZED CAREER GUIDE FOR COLLEGE STUDENTS FOR EMPLOYERS TO ATTRACT. | $50,000 | NO | 10/31/2022, 4/5/2023 | 2023-04-05 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| YELLOWBRICK (QUBED INC) | |||||||||||
| 995 MARKET STREET 2ND FLOOR | SAN FRANCISCO | CA | 94103 | 2018-03-26 | $150,000 | STRUCTURED GAP YEAR PROGRAM THAT PROVIDES COACHING FOR STUDENT SUCCESS BEFORE HIGHER EDUCATION. | $150,000 | NO | 09/30/2022 | 2022-09-30 | VERIFICATION CONFIRMED THAT $150,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| MOVING ANALYTICS | |||||||||||
| 800 WILSHIRE BLVD SUITE 200 | LOS ANGELES | CA | 90017 | 2019-05-20 | $100,000 | A DIGITAL CARDIAC REHAB PROGRAM THAT PATIENTS CAN DO AT HOME. | $100,000 | NO | 07/31/2022, 5/1/2023 | 2023-05-01 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| GIBLIB (PRAGMA INC) | |||||||||||
| 811 W 7TH STREET | LOS ANGELES | CA | 90017 | $250,000 | A STREAMING PLATFORM THAT OFFERS A LARGE LIBRARY OF ON-DEMAND MEDICAL LECTURES & SURGICAL VIDEOS. | $250,000 | NO | 10/31/2022, 03/24/2023 | 2023-03-24 | VERIFICATION CONFIRMED THAT $250,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| LOCALIZED INC | |||||||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | $89,999 | TO CONNECT YOUNG PROFESSIONALS IN EMERGING MARKETS WITH EXPERTS & EXPLOYERS LOOKING FOR TALENT. | $89,999 | NO | 10/31/2022, 01/03/2023 | 2023-01-03 | VERIFICATION CONFIRMED THAT $89,999 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| EDQUITY INC | |||||||||||
| 111 8TH AVENUE | NEW YORK | NY | 10011 | $449,999 | AUTOMATED ASSISTANCE AROUND COLLEGE FINANCIAL PLANNING FOR HIGH SCHOOL AND COLLEGE STUDENTS. | $449,999 | NO | 02/28/2022, 11/15/2022 | 2022-11-15 | VERIFICATION CONFIRMED THAT $449,999 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. | |
| BRIDGECARE FINANCE INC | |||||||||||
| 768 BELLEVUE AVENUE E APT 30 | SEATTLE | WA | 98102 | 2020-05-31 | $100,000 | WHITE-LABEL CHILD CARE DATA AND COMMUNITY MANAGEMENT PLATFORM TO SUPPORT PARENTS AND PROVIDERS. | $100,000 | NO | 10/27/2023 | 2023-10-27 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| New Apprenticeship Inc | |||||||||||
| 110 E HOUSTON ST | SAN ANTONIO | TX | 78205 | 2021-09-24 | $99,999 | develop highly skilled,diverse early career-tech talent via an integrated apprenticeship program | $99,999 | NO | 03/31/2022, 09/06/2022, 08/04/2023 | 2023-08-04 | VERIFICATION CONFIRMED THAT $99,999 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| BENTON INSTITUTE FOR BROADBAND & SOCIETY | |||||||||||
| 1041 RIDGE RD SUITE 214 | WILMETTE | IL | 60091 | 2022-03-31 | $10,000 | Digital Services Access & Affordability | $10,000 | NO | 03/31/2023 | 2023-03-31 | VERIFICATION CONFIRMED THAT $10,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION. |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| DIGITAL PUBLISHING | $4,750 | $4,750 |
| DIGITAL PUBLISHING | $12,700 | $12,700 |
| DIGITAL PUBLISHING | $8,000 | $8,000 |
| OFFICE EQUIPMENT | ||
| FURNITURE | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| WEBSITE | $33,500 | $33,500 |
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| WEBSITE | $4,000 | $4,000 |
| WEBSITE | $1,000 | $1,000 |
| WEBSITE | $1,000 | $1,000 |
| WEBSITE | $250 | $250 |
| WEBSITE | $1,688 | $1,688 |
| WEBSITE | $1,625 | $1,625 |
| WEBSITE | $1,063 | $1,063 |
| WEBSITE | $1,125 | $1,125 |
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT | ||
| COMPUTER EQUIPMENT |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,907 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,907 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (27 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSIT | $11,328 | $0 | $0 |
| MOTIMATIC - EQUITY - PRI | $102,252 | $128,628 | $128,628 |
| PRAGYA - EQUITY - PRI | $50,884 | $50,883 | $50,883 |
| LRNR (POCHYS VENTURES INC) PRI | $25,000 | $25,000 | $25,000 |
| LOCALIZED INC - PRI | $90,866 | $91,360 | $91,360 |
| ADMITHUB - EQUITY - PRI | $221,454 | $221,499 | $221,499 |
| OPPORTUNITY AT WORK LOAN - PRI | $56,736 | $40,040 | $40,040 |
| BETTERWEEKDAYS, INC - PRI | $58,310 | $63,065 | $63,065 |
| BOK SOLUTIONS - PRI | $300,000 | $343,732 | $343,732 |
| BOOKNOOK, INC - PRI | $100,000 | $100,000 | $100,000 |
| ENTREFUSE, INC PRI | $108,626 | $110,000 | $110,000 |
| BRIDGECARE FINANCE, INC - PRI | $103,475 | $108,425 | $108,425 |
| KATHLEEN GIBSON - PRI | $57,381 | $57,564 | $57,564 |
| KNOWLEDGE DIFFUSION - PRI | $150,000 | $0 | $0 |
| MEASUREONE - PRI | $185,071 | $77,512 | $77,512 |
| NAMECOACH - PRI | $179,602 | $199,503 | $199,503 |
| NEXUSEDGE EDUCATION, INC - PRI | $27,474 | $27,500 | $27,500 |
| QUBED, INC - PRI | $150,000 | $150,000 | $150,000 |
| MOVING ANALYTICS - PRI | $111,578 | $130,807 | $130,807 |
| GIBLIB (PRAGMA, INC) - PRI | $256,832 | $283,540 | $283,540 |
| REUP EDUCATION - PRI | $152,504 | $0 | $0 |
| EDQUITY, INC - PRI | $149,999 | $449,999 | $449,999 |
| NEW APPRENTICESHIP, INC - PRI | $99,999 | $99,999 | $99,999 |
| REUP HOLDINGS LLC-PRI | $0 | $276,075 | $276,075 |
| DUE FROM MICHELSON CENTER FOR | $0 | $410 | $410 |
| DUE FROM MICHELSON FOUND ANIMA | $0 | $2,100 | $2,100 |
| POOLED FUND | $0 | $20,000 | $20,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| DUES & SUBSCRIPTIONS | $8,254 | $8,254 |
| FURNITURE & FIXTURES | $200 | $200 |
| UTILITIES | $7,660 | $7,660 |
| POSTAGE & DELIVERY | $582 | $582 |
| OFFICE EXPENSE | $9,573 | $9,573 |
| MEALS | $25,022 | $25,022 |
| MARKETING EXPENSE | $69,478 | $69,478 |
| SOFTWARE | $16,036 | $16,036 |
| INSURANCE | $869 | $869 |
| BANKING & CREDIT CARD FEES | $10 | $10 |
| TRAINING AND DEVELOPMENT | $1,484 | $1,484 |
| ACCRUAL TO CASH ADJUSTMENT | -$325,942 | |
| REVERSAL OF PRIOR YEAR ACCRUAL | ||
| TO CASH ADJUSTMENT | $153,951 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OTHER INCOME | $956 | $956 | |
| CONSULTING INCOME | $116 | $116 | |
| tax refund | $1,010 | ||
| Interest Income-PRIS | $13,243 | $13,243 | $13,243 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN | $151,962 |
| PRIOR PERIOD ADJUSTMENT | $4,004 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO MICHELSON PHILANTHROPIES, INC. | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $8,521 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CONSULTING FEES | $20,230 | $20,230 |
| OTHER PROFESSIONAL FEES | $8,248 | $8,248 |
| INFORMATION TECHNOLOGY | $5,658 | $5,658 |
| HUMAN RESOURCES | $5,428 | $5,428 |
| TEMP STAFFING | $41,185 | $41,185 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | STATE FILING FEES | CategoryTxt |
| Amt | $200 | Amt |
| Disbursements Charitable Prps | $200 | DisbursementsCharitablePrpsAmt |
Comments