GRIDLEY FAM FOUNDATION TR: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GRIDLEY FAM FOUNDATION TR (EIN 04-3528697)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-08-08
IRS object ID
202202209349100910
Schema version
2021v4.2
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)
Return2022-08-08T07:30:46-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721568015PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GIFFORD & COX LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11215 S POPLAR SUITE 100AddressLine1Txt
CityNORTH PLATTECityNm
State AbbreviationNEStateAbbreviationCd
ZIP69101ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043528697EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRIDLEY FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRIDBusinessNameControlTxt
Phone3167336485PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 49173AddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCURTIS GRIDLEYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3167336485PhoneNum
Signature2022-07-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCURTISPersonFirstNm
Person LastGRIDLEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN MONTIELPreparerPersonNm
PTINP01624829PTIN
Phone3085344000PhoneNum
Preparation2022-07-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$4,677,458FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$9,328DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,328DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,148NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$266,308GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,148CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$12,476TotalRevAndExpnssAmt
Total Net Invst Incm$12,476TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$2,483LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$4,500OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$1,662InterestRevAndExpnssAmt
Interest Net Invst Incm$0InterestNetInvstIncmAmt
Interest Adj Net Incm$0InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl$1,662InterestDsbrsChrtblAmt
Taxes Rev And Expnss$2,018TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$204,846DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$118,754OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$117,696OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$335,463TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$119,358TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$21,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$21,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$356,963TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$140,858TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$344,487ExcessRevenueOverExpensesAmt
Net Investment Income$12,476NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$43,967CashBOYAmt
Cash EOY$11,616CashEOYAmt
Cash EOYFMV$11,616CashEOYFMVAmt
Sav And Temp Cash Invst BOY$15,226SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$10,473SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$10,473SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$851,657CorporateStockBOYAmt
Corporate Stock EOY$588,496CorporateStockEOYAmt
Corporate Stock EOYFMV$595,186CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$4,486,728LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$426,545LandBldgEquipAccumDeprecAmt
Land BOY$3,994,239LandBOYAmt
Land EOY$4,060,183LandEOYAmt
Land EOYFMV$4,060,183LandEOYFMVAmt
Total Assets BOY$4,905,089TotalAssetsBOYAmt
Total Assets EOY$4,670,768TotalAssetsEOYAmt
Total Assets EOYFMV$4,677,458TotalAssetsEOYFMVAmt
Loans From Officers BOY$153,924LoansFromOfficersBOYAmt
Loans From Officers EOY$269,835LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY$19,371MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$13,626MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY$173,295TotalLiabilitiesBOYAmt
Total Liabilities EOY$283,461TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,388,450CapitalStockBOYAmt
Capital Stock EOY$1,388,450CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$3,343,344RetainedEarningBOYAmt
Retained Earning EOY$2,998,857RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,731,794TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,387,307TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,905,089TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,670,768TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,731,794TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$344,487ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$4,387,307SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,387,307TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT)2018-03-152021-12-14$132,058$132,012$46$46
VANGUARD SHRT TRM CORP BD ETF (VCSH)2017-12-152021-12-14$134,250$131,148$3,102$3,102
FieldValueIRS element (for citing)
Capital Gain Net Income$3,148CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$173InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$173SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$173TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$173TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTHE FOUNDATIONIndividualWithBooksNm
Phone3167336485PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 49173AddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67201ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnYes (1)BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CURTIS D GRIDLEY
PO BOX 49173WICHITAKS67201TRUSTEE0.00$0$0$0
TRACY A HOOVER
PO BOX 49173WICHITAKS67201TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION PURCHASED A WAREHOUSE BUILDING AND REMODELED IT FOR THE 501(C)(3) ORGANIZATION, GROOVER LABS, INC, TO RUN ITS CHARITABLE OPERATIONS.Description1Txt
Expenses1$270,791Expenses1Amt
Total$270,791TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$858,561AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$33,694AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$892,255TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$892,255AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$13,384CashDeemedCharitableAmt
Net Vl Noncharitable Assets$878,871NetVlNoncharitableAssetsAmt
Minimum Investment Return$43,944MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$43,944MinimumInvestmentReturnAmt
Tax Based On Investment Income$173TaxBasedOnInvestmentIncomeAmt
Total Tax$173TotalTaxAmt
Distributable Before Adj$43,771DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$43,771DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$43,771DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$140,858ExpensesAndContributionsAmt
Program Related Invst Total$270,791ProgramRelatedInvstTotalAmt
Qualifying Distributions$411,649QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$43,771DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr3$492,304ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,614,684ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$858,001ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,964,989TotalExcessDistributionCyovAmt
Qualifying Distributions$411,649QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$43,771AppliedToCurrentYearAmt
Remaining Distri From Corpus$367,878RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$4,332,867TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,332,867ExcessDistriCyovToNextYrAmt
Excess From Year3$492,304ExcessFromYear3Amt
Excess From Year2$2,614,684ExcessFromYear2Amt
Excess From Year1$858,001ExcessFromYear1Amt
Excess From Current Year$367,878ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GROOVER LABS
334 N ST FRANCIS AVEWICHITAKS67202CONTROLLED ENTITYPCGENERAL SUPPORT$10,000
KMUW
121 N MEADWICHITAKS67202NONEPCGENERAL SUPPORT$2,500
KPTS
320 W 21ST ST NWICHITAKS67203NONEPCGENERAL SUPPORT$250
LINDA HALL LIBRARY
5109 CHERRY STKANSAS CITYMO64110NONEPCGENERAL SUPPORT$2,000
VDGSA
151 N ROCK ISLAND 2DWICHITAKS67202NONEPCGENERAL SUPPORT$1,000
WELLESLEY COLLEGE
106 CENTRAL STWELLESLEYMA02481NONEPCGENERAL SUPPORT$500
WICHITA ART MUSEUM
1400 WEST MUSEUM BLVDWICHITAKS67203NONEPCGENERAL SUPPORT$1,250
WICHITA STATE ULRICH MUSEUM
1845 FAIRMOUNTWICHITAKS67260NONEPCGENERAL SUPPORT$1,000
WICHITA STATE UNIVERSITY
1845 FAIRMOUNTWELLESLEYKS67260NONEPCGENERAL SUPPORT$1,500
BARTLETT ARBORETUM SOCIETY
301 N LINE STBELLE PLAINEKS67013NONEPCGENERAL SUPPORT$500
MAMAFILM
156 S PINECREST STREETWICHITAKS67218NONEPCGENERAL SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$21,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,328ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,148ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$12,476ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$12,476TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,200Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (33 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
BUILDING2019-01-01$922,704$46,332SL39.000000000000$23,659$0$0
BUILDING REMODEL - DESIGN & CONSTRUCTION2019-11-01$2,368,773$68,330SL39.000000000000$60,738$0$0
CHAIRS2019-11-01$61,397$26,401200DB5.000000000000$13,998$0$0
FILING CABINETS2019-11-01$7,658$3,293200DB5.000000000000$1,746$0$0
MAKER SPACE EQUIPMENT2019-11-01$7,935$2,469200DB7.000000000000$1,562$0$0
FORD TRANSIT VAN2019-11-02$27,299$11,739200DB5.000000000000$6,224$0$0
TABLES & COUNTERTOPS2019-11-01$36,375$15,641200DB5.000000000000$8,294$0$0
STANDING DESKS2019-11-01$3,565$1,533200DB5.000000000000$813$0$0
TELEVISIONS2019-11-01$3,000$1,290200DB5.000000000000$684$0$0
PHONE BOOTH2019-11-01$3,940$1,694200DB5.000000000000$898$0$0
TORMACH EQUIPMENT2019-11-01$9,000$2,801200DB7.000000000000$1,771$0$0
LASER CUTTER2019-11-01$3,091$961200DB7.000000000000$609$0$0
WELDING EQUIPMENT2019-11-01$4,570$1,422200DB7.000000000000$899$0$0
GRIZZLEY EQUIPMENT2019-11-01$3,674$1,143200DB7.000000000000$723$0$0
TORMACH EQUIPMENT2019-11-01$2,899$903200DB7.000000000000$570$0$0
TORMACH EQUIPMENT2019-11-01$5,220$1,624200DB7.000000000000$1,027$0$0
GRIZZLY EQUIPMENT2019-11-01$2,698$839200DB7.000000000000$531$0$0
CNC ROUTER TABLE2019-11-01$7,224$2,248200DB7.000000000000$1,422$0$0
SAW STOP2019-11-01$3,377$1,051200DB7.000000000000$665$0$0
TVS AND MOUNTS2019-11-01$2,655$826200DB7.000000000000$523$0$0
SECURITY CAMERAS2019-11-01$2,942$915200DB7.000000000000$579$0$0
NETWORKING EQUIPMENT2019-11-01$4,383$1,366200DB7.000000000000$862$0$0
Z RACKS2019-11-01$5,025$1,564200DB7.000000000000$989$0$0
2ND PHONE BOOTH2020-02-20$3,740$748200DB5.000000000000$1,197$0$0
SOFT SEATING2020-01-13$4,122$824200DB5.000000000000$1,319$0$0
A/V SYSTEM2020-01-03$50,000$10,000200DB5.000000000000$16,000$0$0
STOREFRONT INTERIOR GLASS2020-07-13$6,296$1,259200DB5.000000000000$2,015$0$0
BUILDING REMODEL - DESIGN & CONSTRUCTION2020-04-30$647,309$11,758SL39.000000000000$16,598$0$0
WELDING TABLE2020-01-18$5,067$725200DB7.000000000000$1,241$0$0
ELECTRICAL WORK2021-02-08$2,555SL39.000000000000$57$0$0
BUILDING COST2021-02-10$5,000SL39.000000000000$112$0$0
COURTYARD2021-05-05$8,546SL39.000000000000$137$0$0
OTHER BUILDING EQUIPMENT2021-06-30$254,689200DB7.000000000000$36,384$0$0

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierCONTROLLED ENTITY SUPPORTING STATEMENTIdentifierTxt
Form And Line Reference990PF, PAGE 5, PART VI-A, LINE 11FormAndLineReferenceDesc
Medium ExplanationGROOVER LABS, INC84-3484606334 N ST FRANCIS STWICHITA, KS 67202EXCESS BUSINESS HOLDINGS: NOMediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PIMCO ETF TRUST ENHAN SHRT MA AC ETF (MINT)$294,431$294,524
VANGUARD SHRT TRM CORP BD ETF (VCSH)$294,065$300,662

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (33 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
BUILDING$922,704$69,991$852,713
BUILDING REMODEL - DESIGN & CONSTRUCTION$2,368,773$129,068$2,239,705
CHAIRS$61,397$40,399$20,998
FILING CABINETS$7,658$5,039$2,619
MAKER SPACE EQUIPMENT$7,935$4,031$3,904
FORD TRANSIT VAN$27,299$17,963$9,336
TABLES & COUNTERTOPS$36,375$23,935$12,440
STANDING DESKS$3,565$2,346$1,219
TELEVISIONS$3,000$1,974$1,026
PHONE BOOTH$3,940$2,592$1,348
TORMACH EQUIPMENT$9,000$4,572$4,428
LASER CUTTER$3,091$1,570$1,521
WELDING EQUIPMENT$4,570$2,321$2,249
GRIZZLEY EQUIPMENT$3,674$1,866$1,808
TORMACH EQUIPMENT$2,899$1,473$1,426
TORMACH EQUIPMENT$5,220$2,651$2,569
GRIZZLY EQUIPMENT$2,698$1,370$1,328
CNC ROUTER TABLE$7,224$3,670$3,554
SAW STOP$3,377$1,716$1,661
TVS AND MOUNTS$2,655$1,349$1,306
SECURITY CAMERAS$2,942$1,494$1,448
NETWORKING EQUIPMENT$4,383$2,228$2,155
Z RACKS$5,025$2,553$2,472
2ND PHONE BOOTH$3,740$1,945$1,795
SOFT SEATING$4,122$2,143$1,979
A/V SYSTEM$50,000$26,000$24,000
STOREFRONT INTERIOR GLASS$6,296$3,274$3,022
BUILDING REMODEL - DESIGN & CONSTRUCTION$647,309$28,356$618,953
WELDING TABLE$5,067$1,966$3,101
ELECTRICAL WORK$2,555$57$2,498
BUILDING COST$5,000$112$4,888
COURTYARD$8,546$137$8,409
OTHER BUILDING EQUIPMENT$254,689$36,384$218,305

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,483LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE EXPENSES$704$0$0$0
SUPPLIES$354$0$0$0
DE MINIMUS BUILDING EXPENSES$117,696$0$0$117,696

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PROFESSIONAL FEESCategoryTxt
Amt$4,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROPERTY TAXES$1,530$0$0$0
VEHICLE REGISTRATION$453$0$0$0
ANNUAL REGISTRATION$35$0$0$0

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GROOVER LABS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 N ST FRANCIS STAddressLine1Txt
CityWICHITACityNm
State AbbreviationKSStateAbbreviationCd
ZIP67202ZIPCd
FieldValueIRS element (for citing)
EIN843484606EIN
DescTHE TRANSFER TO GROOVER LABS, INC IS A CHARITABLE CONTRIBUTION FOR WHICH DOCUMENTATION IS KEPT.Desc
Amt$10,000Amt
FieldValueIRS element (for citing)
Total$10,000TotalAmt

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