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GEORGE KIRVIN FLOYD FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GEORGE KIRVIN FLOYD FOUNDATION INC (EIN 26-1604802)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202223199349107427
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)
Return2022-11-15T16:23:33-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN581794921PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HLM ACCOUNTING & TAX INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1160 CLAIREMONT AVENUE STE 630AddressLine1Txt
CityDECATURCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30030ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN261604802EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGE KIRVIN FLOYD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone7703645713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CitySAINT GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE KIRVIN FLOYDPersonNm
Person TitlePRESIDENT/TREASURERPersonTitleTxt
Phone7703645713PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGEORGEPersonFirstNm
Person LastFLOYDPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMERCEDES M PASQUALETTI EAPreparerPersonNm
PTINP01495977PTIN
Phone4048361120PhoneNum
Preparation2022-11-15PreparationDt
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$2,637,072FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$9InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$9InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$91,652DividendsRevAndExpnssAmt
Dividends Net Invst Incm$91,652DividendsNetInvstIncmAmt
Dividends Adj Net Incm$91,652DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$79,864NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$223,680GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,156CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$181,525TotalRevAndExpnssAmt
Total Net Invst Incm$95,817TotalNetInvstIncmAmt
Total Adj Net Incm$91,661TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,405AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,405AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,405AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,375TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,375TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,375TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$11,284OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$11,284OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$11,284OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$14,064TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$14,064TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$14,064TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$80,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$80,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$94,064TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$14,064TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$14,064TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$80,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$87,461ExcessRevenueOverExpensesAmt
Net Investment Income$81,753NetInvestmentIncomeAmt
Adjusted Net Income$77,597AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$44,546CashBOYAmt
Cash EOY$36,352CashEOYAmt
Cash EOYFMV$36,352CashEOYFMVAmt
Corporate Stock BOY$1,353,920CorporateStockBOYAmt
Corporate Stock EOY$1,425,323CorporateStockEOYAmt
Corporate Stock EOYFMV$2,204,607CorporateStockEOYFMVAmt
Other Investments BOY$371,012OtherInvestmentsBOYAmt
Other Investments EOY$401,925OtherInvestmentsEOYAmt
Other Investments EOYFMV$396,113OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,769,478TotalAssetsBOYAmt
Total Assets EOY$1,863,600TotalAssetsEOYAmt
Total Assets EOYFMV$2,637,072TotalAssetsEOYFMVAmt
Deferred Revenue BOY$1,958DeferredRevenueBOYAmt
Deferred Revenue EOY$8,619DeferredRevenueEOYAmt
Total Liabilities BOY$1,958TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,619TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,767,520RetainedEarningBOYAmt
Retained Earning EOY$1,854,981RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,767,520TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,854,981TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,769,478TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,863,600TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,767,520TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$87,461ExcessRevenueOverExpensesAmt
Subtotal$1,854,981SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,854,981TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$4,156CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,136InvestmentIncomeExciseTaxAmt
Subtotal$1,136SubtotalAmt
Tax Based On Investment Income$1,136TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$6EsPenaltyAmt
Tax Due$1,142TaxDueAmt

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
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksGEORGE KIRVIN FLOYDIndividualWithBooksNm
Phone7703645713PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CityST GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GEORGE KIRVIN FLOYD
957 EAST PINE AVENUEST GEORGE ISLANDFL32328PRESIDENT/TR1.00$0$0$0
JAMES C FLOYD
6224 WAKE ROBIN LANETALLAHASSEEFL32309VICE PRESIDE000.00$0$0$0
JENNIFER F VAN HEUSEN
442 TOMBFIELD ROADCAMDENSC29020SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$2,548,526AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$37,335AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,585,861TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,585,861AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$38,788CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,547,073NetVlNoncharitableAssetsAmt
Minimum Investment Return$127,354MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$127,354MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,136TaxBasedOnInvestmentIncomeAmt
Total Tax$1,136TotalTaxAmt
Distributable Before Adj$126,218DistributableBeforeAdjAmt
Distributable Before Ded$126,218DistributableBeforeDedAmt
Distributable As Adjusted$126,218DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$80,000ExpensesAndContributionsAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$126,218DistributableAsAdjustedAmt
Undistributed Income PY$95,183UndistributedIncomePYAmt
Qualifying Distributions$80,000QualifyingDistributionsAmt
Applied To Year1$80,000AppliedToYear1Amt
Taxable2$15,183Taxable2Amt
Undistributed Income CY$126,218UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonGEORGE FLOYDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CityST GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7703645713RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MAYO CLINIC
200 1ST STREET SWROCHESTERMN55902CHARITABLE$25,000
APALACHICOLA MARITIME MUSEUM
103 WATER STREETAPALACHICOLAFL32320CHARIITBLE$45,000
FIRST UNITED METHODIST CHURCH -
75 5TH STAPALACHICOLAFL32320CHARITABLE$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$80,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$91,652ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$79,864RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$91,661ExclusionAmt
Related Or Exempt Function Incm$79,864RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$171,525TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonGEORGE FLOYDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CitySAINT GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd
FieldValueIRS element (for citing)
Total Contributions$10,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,405Amt
Net Investment Income$1,405NetInvestmentIncomeAmt
Adjusted Net Income$1,405AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
BANK OF AMERICA 07399 S/T2021-01PURCHASE2021-01$30,717$24,606$6,111
BANK OF AMERICA 79399 L/T2019-01PURCHASE2021-12$188,807$119,210$69,597

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$1,425,323EOYBookValueAmt
EOYFMV$2,204,607EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
HEDGE FUNDSAT COST$316,284$319,685
TANGIBLE ASSETSAT COST$85,641$76,428

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSSDesc

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
BANK ACCOUNT MANGMT FEES$11,284$11,284$11,284

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX PAIDCategoryTxt
Amt$1,375Amt
Net Investment Income$1,375NetInvestmentIncomeAmt
Adjusted Net Income$1,375AdjustedNetIncomeAmt

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