FURP.ORG / PUBLIC DATA EXPLORER

RATNA SABAPATHY FAMILY FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RATNA SABAPATHY FAMILY FOUNDATION INC (EIN 45-3512047)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-07-26
IRS object ID
202122079349100002
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-26T08:52:15-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273121426PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KK MEHTA CPA ASSOCIATES PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 RING RD STE 300AddressLine1Txt
CityGARDEN CITYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11530ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453512047EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RATNA SABAPATHY FAMILY FOUNDATION IBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRATNBusinessNameControlTxt
Phone5164674574PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14 HARBOR ACRES ROADAddressLine1Txt
CitySANDSPOINTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11050ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHEMALATHA SABAPATHYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2021-05-27SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHEMALATHAPersonFirstNm
Person LastSABAPATHYPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRAVI BADLANI CPAPreparerPersonNm
PTINP01085260PTIN
Phone5166635990PhoneNum
Preparation2021-06-01PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$885,982FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$8InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$8InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$11,451DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,451DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,451DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$64,134NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,140,329GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$64,134CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$40,058NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$105,593TotalRevAndExpnssAmt
Total Net Invst Incm$75,593TotalNetInvstIncmAmt
Total Adj Net Incm$51,517TotalAdjNetIncmAmt
Taxes Rev And Expnss$1,053TaxesRevAndExpnssAmt
Taxes Net Invst Incm$11TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,404OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,404OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,457TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,415TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$24,130ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$24,130ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$31,587TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,415TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$24,130TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$74,006ExcessRevenueOverExpensesAmt
Net Investment Income$69,178NetInvestmentIncomeAmt
Adjusted Net Income$51,517AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$16,724CashBOYAmt
Cash EOY$35,444CashEOYAmt
Cash EOYFMV$35,444CashEOYFMVAmt
Corporate Stock BOY$688,472CorporateStockBOYAmt
Corporate Stock EOY$738,554CorporateStockEOYAmt
Corporate Stock EOYFMV$850,538CorporateStockEOYFMVAmt
Total Assets BOY$705,196TotalAssetsBOYAmt
Total Assets EOY$773,998TotalAssetsEOYAmt
Total Assets EOYFMV$885,982TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$705,196NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$773,998NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$705,196TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$773,998TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$705,196TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$773,998TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$705,196TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$74,006ExcessRevenueOverExpensesAmt
Subtotal$779,202SubtotalAmt
Other Decreases$5,204OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$773,998TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGO 1660P$448,631$408,586$40,045$40,045
WELLS FARGO 1660P$130,013$130,000$13$13
WELLS FARGO 1660P$381,619$384,244-$2,625-$2,625
WELLS FARGO 1660P$180,061$153,365$26,696$26,696
FieldValueIRS element (for citing)
Capital Gain Net Income$64,134CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$40,058NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$962InvestmentIncomeExciseTaxAmt
Subtotal$962SubtotalAmt
Tax Based On Investment Income$962TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$471EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$1,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,471TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$1EsPenaltyAmt
Overpayment$508OverpaymentAmt
Applied To ES Tax$508AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
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 ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksHEMALATHA SABAPATHYIndividualWithBooksNm
Phone5166635990PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14 HARBOR ACRES ROADAddressLine1Txt
CitySANDSPOINTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11050ZIPCd
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 PYfalseUndistributedIncomePYInd
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
HEMALATHA SABAPATHY
4 HARBOR ACRES RDSANDS POINTNY11050PRESIDENT000.00$0$0$0
SATISH PATOLE
4 HARBOR ACRES RDSANDS POINTNY11050DIRECTOR000.00$0$0$0
SARASWARTHY SABAPATHY
4 HARBOR ACRES RDSANDS POINTNY11050DIRECTOR000.00$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$805,531AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$26,084AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$831,615TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$831,615AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,474CashDeemedCharitableAmt
Net Vl Noncharitable Assets$819,141NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,957MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,957MinimumInvestmentReturnAmt
Tax Based On Investment Income$962TaxBasedOnInvestmentIncomeAmt
Total Tax$962TotalTaxAmt
Distributable Before Adj$39,995DistributableBeforeAdjAmt
Distributable Before Ded$39,995DistributableBeforeDedAmt
Distributable As Adjusted$39,995DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$24,130ExpensesAndContributionsAmt
Qualifying Distributions$24,130QualifyingDistributionsAmt
Adjusted Qualifying Distri$24,130AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,995DistributableAsAdjustedAmt
Undistributed Income PY$6,710UndistributedIncomePYAmt
Qualifying Distributions$24,130QualifyingDistributionsAmt
Applied To Year1$6,710AppliedToYear1Amt
Applied To Current Year$17,420AppliedToCurrentYearAmt
Undistributed Income CY$22,575UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHEMALATHA SABAPATHYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14 HARBOR ACRES ROADAddressLine1Txt
CitySANDS POINTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11050ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5163160622RecipientPhoneNum
Recipient Email AddressHSABAPATHY@GMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsNAFormAndInfoAndMaterialsTxt
Submission DeadlinesNASubmissionDeadlinesTxt
Restrictions On AwardsNARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
HINDU TEMPLE OF N AMERICA
45-57 BROWNE STQUEENSNY11355NONEEXEMPTCHARITY$5,400
WORLD WILDLIFE
1250 24TH STREET NWWASHINGTONDC20037NONEEXEMPTCHARITY$480
USO
PO BOX 96860WASHINGTONDC20077NONEEXEMPTCHARITY$3,300
ASPCA
424 E 92ND STNEW YORKNY10128NONEEXEMPTCHARITY$4,200
PETA
501 FRONT STNORFOLKVA23510NONEEXEMPTCHARITY$500
CITY HARVEST
6 E 32ND STNEW YORKNY10016NONEEXEMPTCHARITY$1,500
INTERNATIONAL FUND FOR ANIMAL WELFA
290 SUMMER STREETYARMOUTH PORTMA02675NONEEXEMPTCHARITY$2,000
MARA ELEPHANT PROJECT
4000 W 106TH STREETCAMELIN46032NONEEXEMPTCHARITY$2,000SUITE 125-238
GUIDE DOGS FOR THE BLIND
371 NY-25SMITHTOWNNY11787NONEEXEMPTCHARITY$500
ISLAND HARVEST
126 SPAGNOLI ROADMELVILLENY11747NONEEXEMPTCHARITY$1,000
KEEPERS OF THE WILD
13441 EAST HIGHWAY 66VALENTINEAZ86437NONEEXEMPTCHARITY$1,000
PETS OF THE HOMELESS
400 WEST KING STREETCARSON CITYNV89703NONEEXEMPTCHARITY$1,000SUITE 200
SECOND CHANCES FOR BLIND DOGS
204B GLEN COVE ROADCARLE PLACENY11514NONEEXEMPTCHARITY$500
SHELTER CONNECTION
75 MARINO AVENUEPORT WASHINGTONNY11050NONEEXEMPTCHARITY$250
PRIDEROCK WILDLIFE REFUGE
17194 CO RD 329TERRELLTX75161NONEEXEMPTCHARITY$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$24,130TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$8RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,451RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$64,134RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$75,593RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$75,593TotalIncomeProducingActyAmt

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 PersonHEMALATHA SABAPATHYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14 HARBOR ACRES RDAddressLine1Txt
CitySANDS POINTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11050ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockWELLS FARGO 1660StockNm
EOY Book Value$738,554EOYBookValueAmt
EOYFMV$850,538EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBASIS ADJDesc
Amt$5,204Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
WELLS FARGO 1660$209$209
BANK SERVICE CHARGE$81$81
WELLS FARGO 1660$6,114$6,114

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
NYS DEPARTMENT OF LAW$100
UNITED STATE OF TREASURY$942
FOREIGN TAX PAID$11$11