CAMI FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CAMI FOUNDATION INC (EIN 46-3960068)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349102811
- Schema version
- 2020v4.0
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Other Receivables Officers Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T10:11:38-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650282278 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORSHEE & LOCKWOOD PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 SOUTH DOUGLAS ROAD STE 406 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331346134 | 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 | 463960068 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMI FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAMI | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 521 S MASHTA DRIVE | AddressLine1Txt |
| City | KEY BISCAYNE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33149 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAURICE R FERRE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2021-11-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MAURICE | PersonFirstNm |
| Person Last | FERRE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM H FORSHEE | PreparerPersonNm |
| PTIN | P00734681 | PTIN |
| Phone | 3054470777 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
| 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 | $3,207,800 | 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 |
| Interest On Sav Rev And Expnss | $1,268 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,268 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $39,417 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $39,417 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$43,062 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,392,463 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | -$1,045 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$1,045 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$3,422 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $39,640 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $63,081 | OtherProfFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $28,362 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $28,362 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $343 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $343 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $13,350 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $13,350 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $105,136 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $42,055 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $305,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $305,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $410,136 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $42,055 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $305,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$413,558 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $56,692 | CashBOYAmt |
| Cash EOY | $9,729 | CashEOYAmt |
| Cash EOYFMV | $9,729 | CashEOYFMVAmt |
| Rcvbl From Officers BOY | $1,719 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $76,237 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $76,237 | RcvblFromOfficersEOYFMVAmt |
| Corporate Stock BOY | $2,214,463 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,545,545 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,849,863 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $666,175 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $636,971 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,211,971 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $60,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $60,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $60,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,999,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,328,482 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,207,800 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $1,394,601 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,134,663 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,394,601 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,134,663 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,000,049 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,000,049 | CapitalStockEOYAmt |
| Retained Earning BOY | -$1,395,601 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,806,230 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,604,448 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,193,819 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,999,049 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,328,482 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,604,448 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$413,558 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,929 | OtherIncreasesAmt |
| Subtotal | $1,193,819 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,193,819 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| MERRILL LYNCH 2026- SEE ATTACHED | P | $123,423 | $123,058 | $365 | $365 |
| MERRILL LYNCH 2026- SEE ATTACHED | P | $438,777 | $460,802 | -$22,025 | -$22,025 |
| MERRILL LYNCH 2027- SEE ATTACHED | P | $2,355,647 | $2,386,291 | -$30,644 | -$30,644 |
| MERRILL LYNCH 2027- SEE ATTACHED | P | $428,138 | $465,374 | -$37,236 | -$37,236 |
| CAPITAL GAIN DISTRIBUTION | P | $119 | $119 | $119 | |
| LONG TERM CAPITAL GAIN - SBC K-1 | P | $46,359 | $46,359 | $46,359 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$43,062 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$30,279 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Estimated Plus Ovpmt Incm Tx | $1,885 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,885 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,885 | OverpaymentAmt |
| Applied To ES Tax | $1,885 | AppliedToESTaxAmt |
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 | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAURICE R FERRE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3053612902 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 521 S MASHTA DRIVE | AddressLine1Txt |
| City | KEY BISCAYNE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33149 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| MAURICE R FERRE | ||||||||
| 521 S MASHTA DRIVE | KEY BISCAYNE | FL | 33149 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| MARIA CHAMORRO FERRE | ||||||||
| 521 S MASHTA DRIVE | KEY BISCAYNE | FL | 33149 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| ISABELLA FERRE | ||||||||
| 521 S MASHTA DRIVE | KEY BISCAYNE | FL | 33149 | SECRETARY | 000.00 | $0 | $0 | $0 |
| HANS HICKLER | ||||||||
| 521 S MASHTA DRIVE | KEY BISCAYNE | FL | 33149 | TREASURER | 000.00 | $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 |
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 | $3,122,500 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $75,540 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,198,040 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $3,198,040 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $47,971 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,150,069 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $157,503 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $157,503 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $157,503 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $157,503 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $157,503 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $305,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $305,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $305,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $157,503 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $219,828 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $152,870 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $337,747 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $254,686 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $67,131 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,032,262 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $305,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $157,503 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $147,497 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,179,759 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $219,828 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $959,931 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $152,870 | ExcessFromYear4Amt |
| Excess From Year3 | $337,747 | ExcessFromYear3Amt |
| Excess From Year2 | $254,686 | ExcessFromYear2Amt |
| Excess From Year1 | $67,131 | ExcessFromYear1Amt |
| Excess From Current Year | $147,497 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| THE EVERGLADES FOUNDATION | ||||||
| 18001 OLD CUTLER ROAD | SUITE 625 | PALMETTO BAY | FL | 33157 | CONTRIBUTION | $50,000 |
| BOSTON UNIVERSITY | ||||||
| 595 COMMONWEALTH AVENUE | SUITE 700 | BOSTON | MA | 02215 | CONTRIBUTION | $45,000 |
| CARROLLTON | ||||||
| 3747 MAIN HWY | MIAMI | FL | 33133 | CONTRIBUTION | $100,000 | |
| ENDEAVOR MIAMI | ||||||
| 396 ALHAMBRA CIRCLE | SUITE202 | CORAL GABLES | FL | 33134 | CONTRIBUTION | $75,000 |
| CENTRO MATER FOUNDATION | ||||||
| 418 SW 4TH AVENUE | MIAMI | FL | 33130 | CONTRIBUTION | $10,000 | |
| UFM LEONARD M MILLER SCHOOL | ||||||
| PO BOX 248073 | CORAL GABLES | FL | 33124 | CONTRIBUTION | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $305,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,268 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,417 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$43,062 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORD BUSINESS LOSS - SBC K-1 | Desc |
| Related Or Exempt Function Incm | -$1,045 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$2,377 | ExclusionAmt |
| Related Or Exempt Function Incm | -$1,045 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$3,422 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | STOCKS, ETF, & MUTUAL FUNDS | StockNm |
| EOY Book Value | $1,545,545 | EOYBookValueAmt |
| EOYFMV | $1,849,863 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN SBC MIAMI, LP | $238,190 | $238,190 |
| INVESTMENT IN MAGIC LEAP | $25,000 | $600,000 |
| INVESTMENT IN DERMASENSOR | $373,781 | $373,781 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM FASTRACK | Desc |
| BOY Book Value | $60,000 | BOYBookValueAmt |
| EOY Book Value | $60,000 | EOYBookValueAmt |
| EOYFMV | $60,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| INVESTMENT MGMT | $13,030 | $13,030 |
| BANK CHARGES | $320 | $320 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORD BUSINESS LOSS - SBC K-1 | Desc |
| Revenue And Expenses Per Books | -$1,045 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$1,045 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ADJUSTMENT | Desc |
| Amt | $2,929 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| BOY Book Value | $1,394,601 | BOYBookValueAmt |
| EOY Book Value | $1,134,663 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $63,081 | Amt |
Other Receivables Officers Sch OtherReceivablesOfficersSch
Officer Other Rcvbl OfficerOtherRcvblGrp (2 entries)
| Borrower TitleBorrowerTitleTxt | Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Repayment TermsRepaymentTermsTxt | Loan PurposeLoanPurposeTxt | Consideration FMVConsiderationFMVAmt |
|---|---|---|---|---|---|---|
| MAURICE FERRE | ||||||
| PRESIDENT | $1,719 | $1,719 | 2019-01 | ON DEMAND | PAYMENT OF CHARITABLE DONATION | $1,719 |
| MAURICE FERRE | ||||||
| PRESIDENT | $74,518 | $74,518 | 2020-08 | ON DEMAND | PAYMENT OF CHARITABLE DONATION | $74,518 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $343 | Amt |
| Net Investment Income | $343 | NetInvestmentIncomeAmt |
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