CUSP FOUNDATION INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CUSP FOUNDATION INC (EIN 81-5101281)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-16
IRS object ID
202111369349202121
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-16T20:19:01-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1222 SECOND AVE SOUTH STE 1240AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37201ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN815101281EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CUSP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCUSPBusinessNameControlTxt
Phone6154304726PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 DEKEMONT LANEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHUGH QUEENERPersonNm
Person TitleCHAIRMAN AND EDPersonTitleTxt
Phone6154304726PhoneNum
Signature2021-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHUGHPersonFirstNm
Person LastQUEENERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA G MOONPreparerPersonNm
PTINP00034774PTIN
Phone6153836592PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressHTTPS://CUSPFOUNDATION.BLOG/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$192,551GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$192,519ContributionsGiftsGrantsEtcAmt
Investment Income$32InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$877CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets-$877GainOrLossFromSaleOfAssetsAmt
Total Revenue$191,674TotalRevenueAmt
Grants And Similar Amounts Paid$266,350GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$2,500FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$516OtherExpensesTotalAmt
Total Expenses$269,366TotalExpensesAmt
Excess Or Deficit For Year-$77,692ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$135,991NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$58,299NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$120,790BOYAmt
EOY$55,799EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$15,300BOYAmt
EOY$2,500EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$136,090BOYAmt
EOY$58,299EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$99BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$135,991BOYAmt
EOY$58,299EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeWE PARTNER WITH A PRIMARY SCHOOL AND COMMUNITY CENTER IN HOWICK, SOUTH AFRICA THAT SERVE CHILDREN FROM EXTREME POVERTY. BOTH ORGAINZATIONS ARE NOT FOR PROFIT AND HAVE AUDITED FINANCIALS. WE PROVIDE FUNDING FOR CAPITAL, CURRENTLY ASSISTING WITH A SCHOOL ADDITION AND OPERATING FUNDING GAPS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
ANGELS CARE CENTRE - CONTRIBUTION TO ASSIST WITH GENERAL OPERATIONS.$135,000$135,000
THEMBELIHLE PRIMARY SCHOOL - SPONSORS SCHOOL FEES, CAPITAL CAMPAIGN CONTRIBUTION, SUPPORT FOR OPERATIONS.$131,350$131,350
FieldValueIRS element (for citing)
Total Program Service Expenses$266,350TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WAYNE LENNINGTON
DIRECTOR0.25$0$0$0
DENISE LENNINGTON
DIRECTOR0.25$0$0$0
MICHAEL WALKER
DIRECTOR0.25$0$0$0
BRENDA GRIFFIN
DIRECTOR0.25$0$0$0
TERRI NEWPORT
DIRECTOR0.25$0$0$0
LESLIE CARPENTER
DIRECTOR0.25$0$0$0
HUGH QUEENER
EXECUTIVE DIRECTOR1.00$0$0$0
LAURA QUEENER
SECRETARY1.00$0$0$0
SARAE LEWIS
TREASURER0.50$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUGH QUEENERBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 DEKEMONT LANEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37027ZIPCd
FieldValueIRS element (for citing)
Phone6154304726PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$448,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$138,214CurrentTaxYearMinus1YearAmt
Current Tax Year$192,519CurrentTaxYearAmt
Total$950,144TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$448,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$138,214CurrentTaxYearMinus1YearAmt
Current Tax Year$192,519CurrentTaxYearAmt
Total$950,144TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$950,144PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$32CurrentTaxYearAmt
Total$32TotalAmt
FieldValueIRS element (for citing)
Total Support$950,176TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: INVESTMENT INCOME. AMOUNT: 32.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SPONSORS SCHOOL FEES/CAPITAL CAMPAIGN/OPERATIONS. GRANTEE NAME: THEMBELIHLE PRIMARY SCHOOL. GRANTEE ADDRESS: 90 MAIN ST HOWICK, SOUTH AFRICA 3290. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 131,350.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: OPERATIONS. GRANTEE NAME: ANGELS CARE CENTRE. GRANTEE ADDRESS: 38 MORLING ST HOWICK, SOUTH AFRICA 3290. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 135,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 266,350.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: FILING FEES. AMOUNT: 376. DESCRIPTION: BANK CHARGES. AMOUNT: 140. TOTAL TO FORM 990-EZ, LINE 16: 516.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: PLEDGES AND GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 15,300. END OF YEAR AMOUNT: 2,500.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 99. END OF YEAR AMOUNT: 0.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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