GREEN OCEAN FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GREEN OCEAN FOUNDATION (EIN 82-0832382)
- Tax period
- 2021-03-01 to 2022-02-28
- Filed
- 2022-06-18
- IRS object ID
- 202211699349100301
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-18T14:07:05-07:00 | ReturnTs |
| Tax Period End | 2022-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263000418 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABEST TAX SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621A S MAIN ST | AddressLine1Txt |
| City | MILPITAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820832382 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN OCEAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREE | BusinessNameControlTxt |
| Phone | 4082605899 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10438 VISTA DRIVE | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YUAN NING TSENG | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Signature | 2022-06-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | YUAN NING | PersonFirstNm |
| Person Last | TSENG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHUANG MAO | PreparerPersonNm |
| PTIN | P00660082 | PTIN |
| Phone | 4083929977 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,803,829 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $17,421 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,421 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $17,421 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $52,703 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $399,389 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $52,703 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $52,703 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $70,124 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $70,124 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $70,124 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,795 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,795 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $520 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $520 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,937 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $3,337 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,337 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $33,986 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $33,986 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $41,575 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $39,638 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $92,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $92,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $134,325 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $132,388 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$64,201 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $70,124 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $70,124 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $643,171 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $497,219 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $497,219 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $999,558 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,069,512 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,296,290 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $25,311 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,445 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,139 | LandBOYAmt |
| Land EOY | $17,866 | LandEOYAmt |
| Land EOYFMV | $10,000 | LandEOYFMVAmt |
| Other Assets EOY | $320 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $320 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,646,868 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,584,917 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,803,829 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,039 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,289 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,039 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,289 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,645,829 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,581,628 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,645,829 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,581,628 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,646,868 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,584,917 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,645,829 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$64,201 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,581,628 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,581,628 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Merrill - 2176 | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2021-05-01 | AcquiredDt |
| Sold | 2021-05-01 | SoldDt |
| Gross Sales Price | $399,389 | GrossSalesPriceAmt |
| Cost Or Other Basis | $346,686 | CostOrOtherBasisAmt |
| Gain Or Loss | $52,703 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $52,703 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $52,703 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $52,703 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $975 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $975 | SubtotalAmt |
| Tax Based On Investment Income | $975 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $14 | EsPenaltyAmt |
| Tax Due | $989 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | false | 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 | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHIH CHANG CHANG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4082605899 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10438 VISTA DRIVE | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| YUAN NING TSENG | ||||||
| 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | President & CEO | 4.00 | $0 |
| SHIH CHANG CHANG | ||||||
| 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | Secretary & CFO | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,340,286 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $558,913 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,899,199 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,899,199 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $28,488 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,870,711 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $93,536 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $93,536 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $975 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $975 | TotalTaxAmt |
| Distributable Before Adj | $92,561 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $92,561 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $92,561 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $132,388 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $15,663 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $148,051 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $92,561 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $32,817 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $57,311 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $28,516 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $118,644 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $148,051 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $92,561 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $55,490 | RemainingDistriFromCorpusAmt |
| Total Corpus | $174,134 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $174,134 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $32,817 | ExcessFromYear4Amt |
| Excess From Year3 | $57,311 | ExcessFromYear3Amt |
| Excess From Year1 | $28,516 | ExcessFromYear1Amt |
| Excess From Current Year | $55,490 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | YUAN NING TSENG | ContributingManagerNm |
| Contributing Manager | SHIH CHANG CHANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| St Jude Internet | |||||||
| 262 Danny Thomas Place | Memphis | TN | 38105 | Donation | PC | To advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. | $2,750 |
| Chang Tseng Family Foundation | |||||||
| 10438 Vista Drive | Cupertino | CA | 95014 | Donation | POF | To provide financial relief to the poor. The distressed and underprivileged; support advancement of education and science; support universities, schools, libraries, churches, temples and other places of general public benefit. | $90,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $92,750 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $17,421 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $52,703 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $70,124 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $70,124 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $1,795 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,795 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 2017-12-28 | $1,818 | $1,446 | 200DB | 0.1094 | $199 | |
| FURNITURE | 2019-09-02 | $1,314 | $510 | 200DB | 0.1749 | $230 |
| FURNITURE | 2020-06-06 | $924 | $132 | 200DB | 0.2449 | $226 |
| FURNITURE | 2020-06-10 | $549 | $78 | 200DB | 0.2449 | $134 |
| FURNITURE | 2020-06-11 | $258 | $37 | 200DB | 0.2449 | $63 |
| FURNITURE | 2020-06-12 | $844 | $121 | 200DB | 0.2449 | $207 |
| OFFICE IMPROVEMENT | 2021-08-23 | $2,405 | SL | 0.0197 | $47 | |
| OFFICE IMPROVEMENT | 2021-08-27 | $3,405 | SL | 0.0197 | $67 | |
| OFFICE IMPROVEMENT | 2021-09-02 | $5,105 | SL | 0.0167 | $85 | |
| FURNITURE | 2021-06-02 | $893 | 200DB | 0.1429 | $128 | |
| FURNITURE | 2021-09-29 | $3,855 | 200DB | 0.1429 | $551 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| TD Ameritrade - 9992 | $22,392 | $104,356 |
| Merrill - 2176 | $1,047,120 | $1,191,934 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $8,638 | $2,417 | $6,221 | $3,000 |
| Machinery and Equipment | $5,758 | $4,829 | $929 | $500 |
| Improvements | $10,915 | $199 | $10,716 | $6,500 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Advance to Founder | Desc |
| EOY Book Value | $320 | EOYBookValueAmt |
| EOYFMV | $320 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Advisory Fee | $16,195 | $16,195 |
| Automobile Expense | $1,416 | $1,416 |
| Bank Service Charge | $435 | $435 |
| Dues and Subscriptions Expense | $289 | $289 |
| Filing Expense | $25 | $25 |
| Meals and Entertainment | $12,285 | $12,285 |
| Office Expense | $411 | $411 |
| Office Supply | $252 | $252 |
| Parking & Tolls Expense | $45 | $45 |
| Postage Expense | $125 | $125 |
| Repair & Maintenance | $259 | $259 |
| Take Out | $293 | $293 |
| Telephone Expense | $1,956 | $1,956 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Credit Card Payable | Desc |
| BOY Book Value | $1,039 | BOYBookValueAmt |
| EOY Book Value | $3,289 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | IRS - Income Tax | CategoryTxt |
| Amt | $520 | Amt |
| Disbursements Charitable Prps | $520 | DisbursementsCharitablePrpsAmt |
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