SANTORO EDUCATION OF LIFESKILLS FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SANTORO EDUCATION OF LIFESKILLS FOUNDATION INC (EIN 46-2784776)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-20
- IRS object ID
- 202102329349100710
- Schema version
- 2020v4.1
- 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
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-20T11:19:48-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223453068 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAFFEI MASIELLO & COMPANY PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 210 | AddressLine1Txt |
| City | MENDHAM | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079450210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462784776 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANTORO EDUCATION OF LIFESKILLS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SANT | BusinessNameControlTxt |
| Phone | 3522054711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1946 LAKE MIONA DRIVE | AddressLine1Txt |
| City | THE VILLAGES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32162 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOE SANTORO | PersonNm |
| Person Title | DIRECTOR/PRESIDENT | PersonTitleTxt |
| Phone | 3522054711 | PhoneNum |
| Signature | 2021-08-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOE | PersonFirstNm |
| Person Last | SANTORO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN R MAFFEI CPA | PreparerPersonNm |
| PTIN | P00292851 | PTIN |
| Phone | 9735436055 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $2,399,884 | 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 | $43,142 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $43,142 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $65,402 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $179,717 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $94,476 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $62 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $62 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $108,606 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $137,618 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $62 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,683 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,683 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,475 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,504 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,971 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $25,755 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,871 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,138 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,138 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,096 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,678 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $62 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $35,356 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $77,147 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,736 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $62 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $38,465 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $126,482 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $126,482 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $203,629 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,736 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $62 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $164,947 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$95,023 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $122,882 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $243,420 | CashBOYAmt |
| Cash EOY | $259,421 | CashEOYAmt |
| Cash EOYFMV | $259,421 | CashEOYFMVAmt |
| Other Investments BOY | $1,867,140 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,797,256 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,140,463 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $20,397 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,130,957 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,056,677 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,399,884 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $499 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $21,242 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $499 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,242 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $2,130,458 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,035,435 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,130,458 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,035,435 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,130,957 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,056,677 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,130,458 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$95,023 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,035,435 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,035,435 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| VANGUARD GROWTH | 2018-12-14 | 2020-10-20 | $24,883 | $14,969 | $9,914 | $9,914 | |
| VANGUARD GROWTH | 2018-12-14 | 2020-11-25 | $88,588 | $51,828 | $36,760 | $36,760 | |
| CAPITAL WORLD GROWTH & INCOME FUND | 2015-12-31 | 2020-11-25 | $62,393 | $18,444 | $43,949 | $43,949 | |
| CAPITAL GAINS DIVIDENDS | $3,853 | $3,853 | $3,853 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $94,476 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,708 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,708 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,708 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $292 | OverpaymentAmt |
| Applied To ES Tax | $292 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://SANTOROFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | JOE SANTORO | IndividualWithBooksNm |
| Phone | 3522054711 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1946 LAKE MIONA DRIVE | AddressLine1Txt |
| City | THE VILLAGES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32162 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOE SANTORO | ||||||||
| 1946 LAKE MIONA DRIVE | THE VILLAGES | FL | 32162 | DIRECTOR & PRESIDENT | 0.00 | $0 | $0 | $0 |
| KATE SANTORO | ||||||||
| 1946 LAKE MIONA DRIVE | THE VILLAGES | FL | 32162 | DIRECTOR, SECRETARY, & TRE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,006,676 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $172,244 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,178,920 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,178,920 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $32,684 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,146,236 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $107,312 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $107,312 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,708 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,708 | TotalTaxAmt |
| Distributable Before Adj | $105,604 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $105,604 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $105,604 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $164,947 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $164,947 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $164,947 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $105,604 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $89,344 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $25,972 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $86,586 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $70,724 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $272,626 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $164,947 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $105,604 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $59,343 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $331,969 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $89,344 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $242,625 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $25,972 | ExcessFromYear3Amt |
| Excess From Year2 | $86,586 | ExcessFromYear2Amt |
| Excess From Year1 | $70,724 | ExcessFromYear1Amt |
| Excess From Current Year | $59,343 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOE SANTORO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S FOUNDATION | |||||||
| 322 EIGHTH AVENUE 16TH FLOOR | NEW YORK | NY | 10001 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $500 |
| CORNERSTONE HOSPICE FOUNDATION | |||||||
| 2445 LANE PARK ROAD | TAVARES | FL | 32778 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $1,000 |
| INTERVALE SCHOOL | |||||||
| 60 PIT ROAD | BOOTON | NJ | 07005 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $500 |
| PRESCHOOL ADVANTAGE | |||||||
| 25 LINDSLEY DRIVE SUIT 307 | MORRISTOWN | NJ | 07960 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $11,000 |
| THE GODDARD SCHOOL | |||||||
| 2 JACKSONVILLE ROAD | TOWACO | NJ | 07082 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $7,662 |
| HEIFER INTERNATIONAL | |||||||
| 1 WORLD AVENUE | LITTLE ROCK | AZ | 72202 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $10,000 |
| ALEX'S LEMONADE STAND FOUNDATION | |||||||
| 111 PRESIDENTIAL BLVD | BALA CYNWYD | PA | 19004 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $5,000 |
| CITIZENS FOR RADIOACTIVE RADON REDUCTION | |||||||
| 618 EVANSVILLE AVE | WATERLOO | IL | 62298 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $2,000 |
| WORLDMIND NATURE IMMERSION SCHOOL | |||||||
| 1801 N WILLIAMS STREET | DENVER | CO | 80218 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $1,000 |
| ANGEL SNUGS INC | |||||||
| 8297 CHAMPIONS GATE BLVD | CHAMPIONS GATE | FL | 33896 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $20 |
| SUMTER YOUTH CENTER | |||||||
| 406 N ST CLAIR ST | WILDWOOD | FL | 34785 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $50 |
| SUMTER COUNTY SCHOOL BOARD | |||||||
| 2680 WEST COUNTY ROAD 476 | BUSHNELL | FL | 33513 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $1,000 |
| SQ EDUCATIONAL FOUNDATION | |||||||
| 2680 WEST COUNTY ROAD 476 | BUSHNELL | FL | 33513 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $1,750 |
| LAKE SUMTER CHILDREN'S ADVOCACY CENTER | |||||||
| 300 S CANAL ST | LEESBURG | FL | 34748 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $1,000 |
| AMAZING GRACE ELC | |||||||
| 4886 CO RD 472 | OXFORD | FL | 34484 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $50,000 |
| CHOOSE LOVE FOUNDATION | |||||||
| PO BOX 605 | NEWTOWN | CT | 06470 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $9,000 |
| NATE VON DER EMBSE CO USF SCHOOL OF PSYCHOLOGY | |||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $10,000 |
| CALIFORNIA POLICY CENTER | |||||||
| 18002 IRVINE BLVE STE 110 | TUSTIN | CA | 92780 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $5,000 |
| UNITED WAY OF LAKE & SUMTER COUNTIES | |||||||
| 32644 BLOSSOM LANE | LEESBURG | FL | 32778 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $5,000 |
| LAKELAND HILLS YMCA | |||||||
| 100 FANNY ROAD | MOUNTAIN LAKES | NJ | 07046 | NONE | 501(C)(3) | CHARITABLE BEQUEST | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $126,482 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43,142 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $65,402 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK SALES | Desc |
| Related Or Exempt Function Incm | $62 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $108,544 | ExclusionAmt |
| Related Or Exempt Function Incm | $62 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $108,606 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | COMMISSIONS ON BOOK SALES PROMOTING EDUCATION & LIFESKILLS | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $5,475 | Amt |
| Net Investment Income | $3,504 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,971 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LIST OF CONTROLLED ENTITIES | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PAGE 5, PART VII-A, LINE 11 | FormAndLineReferenceDesc |
| Medium Explanation | PEAR TREE CORP, 115 US HIGHWAY 46, MOUNTAIN LAKES, NJ 07046, EIN:22-3092725 NOT AN EXCESS BUSINESS HOLDING.JOE SANTORO HOLDINGS, INC., 115 US HIGHWAY 46, MOUNTAIN LAKES, NJ 07046, EIN:20-2031003 NOT AN EXCESS BUSINESS HOLDING. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 523.72 SHS AMERICAN CAPITAL WORLD GROWTH FUND | AT COST | $22,865 | $31,062 |
| VANGUARD GROWTH ETF | AT COST | $104,772 | $186,447 |
| VANGUARD LARGE CAP ETF | AT COST | $83,184 | $120,233 |
| VANGUARD S&P 500 INDEX | AT COST | $178,715 | $252,487 |
| VANGUARD INTERMEDIATE TERM | AT COST | $207,183 | $213,659 |
| VANGUARD SHORT TERM INVESTMENT | AT COST | $131,089 | $134,225 |
| VANGUARD EXTENDED MARKET | AT COST | $207,080 | $286,721 |
| VANGUARD TOTAL BOND MARKET | AT COST | $323,892 | $335,683 |
| VANGUARD TOTAL INTL STOCK INDEX | AT COST | $252,261 | $290,747 |
| VANGUARD TOTAL INTL BOND INDEX | AT COST | $166,271 | $164,849 |
| VANGUARD VALUE EFT | AT COST | $119,944 | $124,350 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $2,683 | LegalFeesAmt |
| Net Investment Income | $2,683 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN RECEIVABLE | Desc |
| BOY Book Value | $20,397 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE SUPPLIES | $11,285 | $0 | $62 | $11,223 |
| MISCELLANEOUS | $1,374 | $0 | $0 | $1,374 |
| CONSULTING | $10,312 | $0 | $0 | $10,312 |
| INVESTMENT FEES | $6,678 | $6,678 | $0 | $0 |
| INSURANCE | $1,132 | $0 | $0 | $1,132 |
| ADVERTISING | $3,112 | $0 | $0 | $3,112 |
| DUES AND SUBSCRIPTIONS | $5,421 | $0 | $0 | $5,421 |
| MEALS | $2,430 | $0 | $0 | $2,430 |
| REGISTRATION FEES | $285 | $0 | $0 | $285 |
| BANK FEES | $67 | $0 | $0 | $67 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK SALES | Desc |
| Revenue And Expenses Per Books | $62 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $62 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD PAYABLE | Desc |
| BOY Book Value | $499 | BOYBookValueAmt |
| EOY Book Value | $21,242 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX PAID ON DIVIDENDS | $600 | $600 | $0 | $0 |
| FEDERAL INCOME TAXES PAID | $23,884 | $0 | $0 | $0 |
| INVESTMENT PROPERTY TAXES | $1,271 | $1,271 | $0 | $0 |
Comments