BETA

EESHA FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
EESHA FOUNDATION INC (EIN 16-1571508)
Tax period
2021-06-01 to 2022-05-31
Filed
2022-12-13
IRS object ID
202203479349101000
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)
Return2022-12-13T09:50:55-05:00ReturnTs
Tax Period End2022-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161287624PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HALL & DETTOR LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 423AddressLine1Txt
CityFAYETTEVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP130660423ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN161571508EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EESHA FOUNDATION INCBusinessNameLine1Txt
Business Name Line2C/O SALIL GUPTABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEESHBusinessNameControlTxt
Phone3154692062PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16807 MOREHOUSE FLATS RDAddressLine1Txt
CityJAMESVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSALIL GUPTA MDPersonNm
Person TitleOFFICERPersonTitleTxt
Phone3154692062PhoneNum
Signature2022-12-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSALILPersonFirstNm
Person LastGUPTAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT C HALLPreparerPersonNm
PTINP00332502PTIN
Phone3156373159PhoneNum
Preparation2022-12-08PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$897,918FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Dividends Rev And Expnss$9,303DividendsRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss$24,026NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,606,587GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$21,549CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$33,334TotalRevAndExpnssAmt
Total Net Invst Incm$21,549TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$1,000AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$447TaxesRevAndExpnssAmt
Taxes Adj Net Incm$447TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$10,761OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$891OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$9,870OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$12,208TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$891TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$11,317TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,208TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$891TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$11,317TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$21,126ExcessRevenueOverExpensesAmt
Net Investment Income$20,658NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$36,492CashBOYAmt
Cash EOY$120,828CashEOYAmt
Cash EOYFMV$120,828CashEOYFMVAmt
Corporate Stock BOY$79,137CorporateStockBOYAmt
Corporate Stock EOY$215,320CorporateStockEOYAmt
Corporate Stock EOYFMV$211,130CorporateStockEOYFMVAmt
Other Assets BOY$655,226OtherAssetsBOYAmt
Other Assets EOY$455,833OtherAssetsEOYAmt
Other Assets EOYFMV$565,960OtherAssetsEOYFMVAmt
Total Assets BOY$770,855TotalAssetsBOYAmt
Total Assets EOY$791,981TotalAssetsEOYAmt
Total Assets EOYFMV$897,918TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$770,855NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$791,981NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$770,855TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$791,981TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$770,855TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$791,981TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$770,855TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$21,126ExcessRevenueOverExpensesAmt
Subtotal$791,981SubtotalAmt
Tot Net Ast Or Fund Balances EOY$791,981TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$21,549CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$287InvestmentIncomeExciseTaxAmt
Subtotal$287SubtotalAmt
Tax Based On Investment Income$287TaxBasedOnInvestmentIncomeAmt
Tax Due$287TaxDueAmt

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
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSALIL GUPTA MDIndividualWithBooksNm
Phone3154692062PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16807 MOREHOUSE FLATS RDAddressLine1Txt
CityJAMESVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13078ZIPCd
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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12020UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
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

FieldValueIRS element (for citing)
PersonSALIL GUPTA MDPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16807 MOREHOUSE FLATS RDAddressLine1Txt
CityJAMESVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13078ZIPCd
FieldValueIRS element (for citing)
TitleOFFICERTitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
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)
Description1DONATIONS TO QUALIFIED ORGANIZATIONSDescription1Txt

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$305,738AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$69,878AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$597,753FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$973,369TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$973,369AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,601CashDeemedCharitableAmt
Net Vl Noncharitable Assets$958,768NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,938MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,938MinimumInvestmentReturnAmt
Tax Based On Investment Income$287TaxBasedOnInvestmentIncomeAmt
Total Tax$287TotalTaxAmt
Distributable Before Adj$47,651DistributableBeforeAdjAmt
Distributable Before Ded$47,651DistributableBeforeDedAmt
Distributable As Adjusted$47,651DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,651DistributableAsAdjustedAmt
Undistributed Income PY$35,969UndistributedIncomePYAmt
Taxable2$35,969Taxable2Amt
Undistributed Income CY$47,651UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSALIL GUPTA MDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line16807 MOREHOUSE FLATS RDAddressLine1Txt
CityJAMESVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13078ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3154301765RecipientPhoneNum
Recipient Email AddressSGUPTA@NHACNY.COMRecipientEmailAddressTxt
Form And Info And MaterialsIN WRITINGFormAndInfoAndMaterialsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Business900001BusinessCd
Unrelated Business Taxbl Incm$5UnrelatedBusinessTaxblIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Business900001BusinessCd
Unrelated Business Taxbl Incm$9,303UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$24,026RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$9,308UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm$24,026RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,334TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,000Amt
Adjusted Net Income$1,000AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
RAYMOND JAMES - SEE ATTACHED2021-07PURCHASE2021-12$1,524,767$1,508,631$16,136
RAYMOND JAMES - SEE ATTACHED2020-12PURCHASE2022-01$56,980$50,000$6,980
RAYMOND JAMES - SEE ATTACHED2021-04PURCHASE2022-05$3,291$23,930-$20,639

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockRAYMOND JAMESStockNm
EOY Book Value$215,320EOYBookValueAmt
EOYFMV$211,130EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MUTUAL FUNDS$429,906$455,833$565,960
OPTIONS/MARGIN$225,320

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$9,870$9,870
BANK & MISCELLANEOUS
INVESTMENT EXPENSE$891$891

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationMISCOMMUNICATON BETWEEN TAXPAYER AND PREPARER REGARDING EXTENSION REQUEST BEING FILED RESULTED IN REQUEST NOT BEING FILED. PREPARER BELIEVED RETURNS WERE EXTENED AND WE ASK FOR THE RETURN TO BE CONSIDERED TIMELY FILED AS IF THE EXTENSION REQUEST WAS IN PLACE.ExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FOREIGN TAXES ON INVESTMENT
2020 990$447$447

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.