1150 FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
1150 FOUNDATION (EIN 46-1547070)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-02
IRS object ID
202201229349101805
Schema version
2021v4.0
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)
Return2022-05-02T18:18:07-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN880384266PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWAN & GARDINER CPA'S LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19005 W SAHARA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89117ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461547070EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line11150 FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control1150BusinessNameControlTxt
Phone7028579546PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD LEAVITTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7028579546PhoneNum
Signature2022-04-28SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRICHARDPersonFirstNm
Person LastLEAVITTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW H SWANPreparerPersonNm
PTINP00286806PTIN
Phone7028699700PhoneNum
Preparation2022-04-28PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$65,233FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$204,903ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$4InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$204,907TotalRevAndExpnssAmt
Total Net Invst Incm$4TotalNetInvstIncmAmt
Total Adj Net Incm$4TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$50AccountingFeesRevAndExpnssAmt
Printing And Pub Rev And Expnss$698PrintingAndPubRevAndExpnssAmt
Other Expenses Rev And Expnss$294OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,042TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$168,989ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$168,989ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$170,031TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$168,989TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$34,876ExcessRevenueOverExpensesAmt
Net Investment Income$4NetInvestmentIncomeAmt
Adjusted Net Income$4AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$17,357CashBOYAmt
Cash EOY$52,233CashEOYAmt
Cash EOYFMV$52,233CashEOYFMVAmt
Acct Rcvbl$13,000AcctRcvblAmt
Acct Rcvbl BOY$13,000AcctRcvblBOYAmt
Acct Rcvbl EOY$13,000AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$13,000AcctRcvblEOYFMVAmt
Total Assets BOY$30,357TotalAssetsBOYAmt
Total Assets EOY$65,233TotalAssetsEOYAmt
Total Assets EOYFMV$65,233TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$30,357NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$65,233NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$30,357TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$65,233TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$30,357TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$65,233TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$30,357TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$34,876ExcessRevenueOverExpensesAmt
Subtotal$65,233SubtotalAmt
Tot Net Ast Or Fund Balances EOY$65,233TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmt
750 SH AAPLD2021-01-132001-02-22$101,622$101,622
325 SH AAPLD2021-09-072021-09-07$50,352$50,352
55 SH TSLAD2021-12-202021-12-20$50,439$50,439

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRICHARD LEAVITTIndividualWithBooksNm
Phone7028579546PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP891105221ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD LEAVITT
7081 MONTANA AVELAS VEGASNV891105221PRESIDENT000.00$0$0$0
MELODY LEAVITT
4140 W MCDOWELL RD 40-207PHOENIXAZ85009SECRETARY000.00$0$0$0
R ALLEN LEAVITT
7251 W LAKE MEAD BLVD 300LAS VEGASNV89128DIRECTOR000.00$0$0$0
CAROLYN LEAVITT
7081 MONTANA AVELAS VEGASNV89110DIRECTOR000.00$0$0$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)
Description1OPERATION AND MAINTENANCE OF RESPITE HOUSE FOR HANDICAPPED PERSONSDescription1Txt
Expenses1$107,276Expenses1Amt
Description2DONATION TO, FOR, AND IN BEHALF OF 501(C) ORGANIZATIONDescription2Txt
Expenses2$29,143Expenses2Amt
Description3ASSISTANCE FOR HANDICAPPED PERSONSDescription3Txt
Expenses3$15,109Expenses3Amt
Description4SCHOLARSHIPS AND OTHER EDUCATION SUPPORT FOR FAMILY MEMBERS OF HANDICAPPED PERSONS.Description4Txt
Expenses4$11,831Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$48,036AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$48,036TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$48,036AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$721CashDeemedCharitableAmt
Net Vl Noncharitable Assets$47,315NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,366MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,366MinimumInvestmentReturnAmt
Distributable Before Adj$2,366DistributableBeforeAdjAmt
Distributable Before Ded$2,366DistributableBeforeDedAmt
Distributable As Adjusted$2,366DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$168,989ExpensesAndContributionsAmt
Qualifying Distributions$168,989QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,366DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,087ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$43,264ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$16,414ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$65,573ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$109,501ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$244,839TotalExcessDistributionCyovAmt
Qualifying Distributions$168,989QualifyingDistributionsAmt
Applied To Current Year$2,366AppliedToCurrentYearAmt
Remaining Distri From Corpus$166,623RemainingDistriFromCorpusAmt
Total Corpus$411,462TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,087ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$401,375ExcessDistriCyovToNextYrAmt
Excess From Year4$43,264ExcessFromYear4Amt
Excess From Year3$16,414ExcessFromYear3Amt
Excess From Year2$65,573ExcessFromYear2Amt
Excess From Year1$109,501ExcessFromYear1Amt
Excess From Current Year$166,623ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRICHARD LEAVITTContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRICHARD LEAVITTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7028579546RecipientPhoneNum
Recipient Email AddressRICHARD@LEAVITTLEAVITT.COMRecipientEmailAddressTxt
Form And Info And MaterialsNO PARTICULAR FORM IS REQUIRED. APPLICATIONS SHOULD INCLUDE INFORMATION ESTABLISHING QUALIFICATION, SPECIFYING NATURE AND AMOUNT OF FUNDING NEED, AND LIFE IMPROVEMENT ANTICIPATED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONE. WE GENERALLY REQUEST APPLICATIONS BE SUBMITTED PRIOR TO FUNDING NEED, BUT WILL LIBERALLY CONSISubmissionDeadlinesTxt
Restrictions On AwardsGRANTEES MUST BE HANDICAPPED PERSONS, OR IMMEDIATE FAMILY MEMBER OF HANDICAPPED PERSON, AND BE DISADVANTAGED BY THE HANDICAP.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
HANNAH MOORE
755 S MAIN STREETSTE 4-166CEDAR CITYUT84720SCHOLARSHIP$350
BROADWAY KIDS ACADAMY
4151 N RANCHO RD 140LAS VEGASNV89130SCHOLARSHIPS$9,630
CASA DE LOS BEDLAMITOS
RESPITE OPERATION & MAINTENANCE$107,276CARRE TERRE ENSENADABAJA CALIFORNIATIJUANAMX
NEBO GYMNASTICS
3696 W 7550 SSPANISH FORKUT84660SCHOLARSHIPS$650
VIOLIN PROJECT
7081 MONTANA AVELAS VEGASNV89110RELIGEOUS CHARITY$250
WALTER LONG ELEMENTARY SCHOOL
200 S WALNUT RDLAS VEGASNV89104CLASS EQUIP FOR SPECIAL NEEDS$950
HOMELESS PROJECT
7081 MONTANA AVELAS VEGASNV89110PROVIDING MEAL CARD FOR HOMELESS$2,219
HEADSTONES PROJECT
7081 MONTANA AVELAS VEGASNV89110MEMORIAL MAINTENANCE$2,500
L M FERRIN
182 N 200 EWASHINGTONUT84780HANDICAP LIVING EXPENSES$13,052
THE CHURCH OF JESUS CHRIST OF
570 N TEMPLESALT LAKE CITYUT84150HUMANITARIAN & CHARITABLE GIFTS$29,193LATTER DAY SAINTS
WESTERN LEGACY FARM & RANCH
1600 S 160 WHURRICANEUT84737SCHOLARSHIPS$2,919
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$168,989TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$50Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$43
SECURITY SYSTEM$162
POSTAGE$63
OFFICE SUPPLIES$24
MISCELLANEOUS$2

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonRICHARD LEAVITTPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd

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