CRANBERRY SUNSET FARM INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CRANBERRY SUNSET FARM INC (EIN 45-5164072)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-07-21
- IRS object ID
- 202212029349100811
- 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
- Amortization Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-21T14:27:39-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043035636 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE YEE & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 SOUTHWEST PARK | AddressLine1Txt |
| City | WESTWOOD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 020901548 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455164072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRANBERRY SUNSET FARM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRAN | BusinessNameControlTxt |
| Phone | 8609304301 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 113 FIRST AVENUE | AddressLine1Txt |
| City | OSTERVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02655 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LESLIE BALLOTTI | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 8609304301 | PhoneNum |
| Signature | 2022-07-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LESLIE | PersonFirstNm |
| Person Last | BALLOTTI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD H LEE | PreparerPersonNm |
| PTIN | P00956473 | PTIN |
| Phone | 7812372525 | PhoneNum |
| Preparation | 2022-07-21 | PreparationDt |
| 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 | $2,282,316 | 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 | $164,652 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $36 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $36 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $36 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $23,646 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $23,646 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $23,646 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $43,088 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $316,583 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $374,524 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $280,540 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $374,524 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $605,946 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $304,222 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $398,206 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,200 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $18,600 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $83,680 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $83,680 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,891 | PensionEmplBnftRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $11,239 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $3,546 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $93,077 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $288,263 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $198,863 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $533,896 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $198,863 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $102,280 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $533,896 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $198,863 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $102,280 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $72,050 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $304,222 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $199,343 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $330,018 | CashBOYAmt |
| Cash EOY | $114,647 | CashEOYAmt |
| Cash EOYFMV | $114,647 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,829,344 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,167,669 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,167,669 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,144,780 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $551,359 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $644,325 | LandBOYAmt |
| Land EOY | $593,421 | LandEOYAmt |
| Total Assets BOY | $2,803,687 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,875,737 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,282,316 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,803,687 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,875,737 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,803,687 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,875,737 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,803,687 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,875,737 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,803,687 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $72,050 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,875,737 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,875,737 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,229 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,229 | SubtotalAmt |
| Tax Based On Investment Income | $4,229 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $70 | EsPenaltyAmt |
| Tax Due | $4,299 | TaxDueAmt |
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 | MA | 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 | CRANBERRYSUNSETFARM.COM | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BUSINESS OFFICE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5087754409 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 290 WINTER STREET | AddressLine1Txt |
| City | HYANNIS | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02601 | 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 |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| LESLIE BALLOTTI | ||||||||
| 113 FIRST AVE | OSTERVILLE | MA | 02655 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| PETER DYRNESS | ||||||||
| 113 FIRST AVE | OSTERVILLE | MA | 02655 | CLERK | 30.00 | $37,200 | $7,089 | $0 |
| MICHELLE KENNEDY | ||||||||
| 51 SUNSET LANE | OSTERVILLE | MA | 02655 | TREASURER | 2.00 | $0 | $0 | $0 |
| LYNN ROTH | ||||||||
| MAIN STREET | OSTERVILLE | MA | 02655 | PRESIDENT | 2.00 | $0 | $0 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TO BUILD UPON EACH CHILD'S ABILITY BY PROVIDING THEM WITH LIFE SKILLS AND OPPORTUNITIES TO SUCCEED BY OVERCOMING PARTICULAR OBSTACLES, THUS BECOMING MORE SELF-SUFFICIENT IN THEIR OWN LIVES. | Description1Txt |
| Expenses1 | $501,352 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,900,000 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $100,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,000,000 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,000,000 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $30,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,970,000 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $98,500 | 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 | $102,280 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $102,280 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $102,280 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $102,280 | RemainingDistriFromCorpusAmt |
| Total Corpus | $102,280 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2019-01-01 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $98,500 | CurrentYearAmt |
| Total | $98,500 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $83,725 | CurrentYearAmt |
| Total | $83,725 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $102,280 | CurrentYearAmt |
| Year1 | $95,539 | Year1Amt |
| Year2 | $229,015 | Year2Amt |
| Total | $426,834 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $102,280 | CurrentYearAmt |
| Year1 | $95,539 | Year1Amt |
| Year2 | $229,015 | Year2Amt |
| Total | $426,834 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $65,667 | CurrentYearAmt |
| Year1 | $64,025 | Year1Amt |
| Total | $129,692 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| HORSE LESSONS | $41,705 |
| FUNDRAISING | $44,869 |
| STALL RENT | $7,410 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $36 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $23,646 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $280,540 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $43,088 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $441,294 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $441,294 | 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 |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | CLOSING COSTS | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2015-05-15 | AcquiredCompletedOrExpendedDt |
| Amortized | $5,440 | AmortizedAmt |
| Deduction For Prior Years | $2,055 | DeductionForPriorYearsAmt |
| Amortization Period | 15.0000 | AmortizationPeriodRt |
| Current Year Amortization | $362 | CurrentYearAmortizationAmt |
| Total Amortization | $2,417 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (26 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| BUILDING - GARAGE | 2014-10-01 | $94,591 | $15,158 | S/L | 39.0000 | $2,426 |
| LAND IMPROVEMENTS | 2014-12-04 | $6,964 | $2,824 | S/L | 15.0000 | $465 |
| EQUIPMENT | 2014-12-15 | $1,082 | $1,082 | S/L | 5.0000 | |
| HORSE | 2014-05-01 | $20,000 | $13,333 | S/L | 10.0000 | $2,000 |
| AUTOMOBILE | 2015-12-01 | $7,300 | $7,300 | S/L | 5.0000 | |
| EQUIPMENT | 2015-11-01 | $2,000 | $2,000 | S/L | 5.0000 | |
| HORSE ARENA | 2015-07-01 | $143,888 | $52,759 | S/L | 15.0000 | $9,592 |
| CRANBERRY BOG | 2015-05-25 | $525,000 | $262,500 | S/L | 10.0000 | $52,500 |
| SHEDS | 2015-07-01 | $18,889 | $5,194 | S/L | 20.0000 | $945 |
| EQUIPMENT | 2016-12-01 | $19,000 | $15,517 | S/L | 5.0000 | $3,483 |
| LEASEHOLD IMPROVEMENTS | 2016-07-01 | $12,880 | $3,864 | S/L | 15.0000 | $858 |
| ARENA | 2017-06-01 | $148,674 | $35,517 | S/L | 15.0000 | $9,911 |
| LEASEHOLD IMPROVEMENTS | 2017-06-01 | $19,490 | $4,656 | S/L | 15.0000 | $1,300 |
| FORD PICKUP TRUCK | 2017-08-15 | $24,000 | $24,000 | S/L | 5.0000 | |
| EQUIPMENT | 2018-01-31 | $5,680 | $3,313 | S/L | 5.0000 | $1,136 |
| LEASEHOLD IMPROVEMENTS | 2018-01-31 | $3,079 | $898 | S/L | 10.0000 | $308 |
| EQUIPMENT | 2019-02-11 | $2,860 | $784 | S/L | 7.0000 | $408 |
| EQUIPMENT | 2019-03-15 | $5,800 | $1,519 | S/L | 7.0000 | $828 |
| EQUIPMENT | 2019-03-19 | $8,995 | $2,249 | S/L | 7.0000 | $1,285 |
| LEASEHOLD IMPROVEMENTS | 2020-03-25 | $16,633 | $832 | S/L | 15.0000 | $1,109 |
| EQUIPMENT | 2020-04-29 | $4,000 | $381 | S/L | 7.0000 | $571 |
| EQUIPMENT | 2020-09-25 | $4,500 | $161 | S/L | 7.0000 | $643 |
| EQUIPMENT | 2020-11-03 | $500 | $12 | S/L | 7.0000 | $71 |
| EQUIPMENT | 2020-12-04 | $1,000 | $12 | S/L | 7.0000 | $143 |
| BUILDING IMPROVEMENT | 2021-12-21 | $10,035 | S/L | 10.0000 | ||
| FARM EQUIPMENT | 2021-04-29 | $32,500 | S/L | 7.0000 | $3,095 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| GOLDMAN SACHS | PURCHASE | $259,333 | $219,158 | $40,175 |
| GOLDMAN SACHS | PURCHASE | $57,250 | $54,337 | $2,913 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | GOLDMAN SACHS | StockNm |
| EOY Book Value | $2,167,669 | EOYBookValueAmt |
| EOYFMV | $2,167,669 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BUILDINGS, EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $1,144,780 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $551,359 | AccumulatedDepreciationAmt |
| Book Value | $593,421 | BookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| EXPENSES | ||
| DUES AND SUBSCRIPTIONS | $225 | |
| ADVERTISING | $3,479 | |
| AUTO EXPENSES | $8,760 | |
| CONTRACT SERVICES | $50,010 | $50,010 |
| FARM SUPPLIES | $60,719 | $60,719 |
| FUNDRAISING EXPENSES | $7,277 | |
| INSURANCE | $10,665 | |
| OFFICE EXPENSES | $1,193 | |
| MEALS | $467 | $233 |
| PAYROLL FEES | $1,287 | |
| UTILITIES | $470 | |
| VET | $12,880 | $12,880 |
| HAY | $75,021 | $75,021 |
| REPAIRS AND MAINTENANCE | $42,066 | |
| MISCELLANEOUS | ||
| TELEPHONE | $211 | |
| TOOLS AND EQUIPMENT | $1,808 | |
| TRASH REMOVAL | $1,075 | |
| TRAVEL & MEETINGS | $121 | |
| BANK AND INVESTMENT FEES | $10,167 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| HORSE LESSONS | $41,705 | $41,705 | |
| FUNDRAISING | $44,869 | $44,869 | |
| STALL RENT | $7,410 | $7,410 | |
| UNREALIZED GAIN | $280,540 | $280,540 | $280,540 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $11,239 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| LICENSES & PERMITS | |
| TAXES | $3,546 |
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