LADDERS FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: LADDERS FOUNDATION (EIN 81-0931609)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202123199349109937
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
Other Notes Loans Rcvbl Short Sch2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T19:12:54-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	464245481	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GERSHON BIEGELEISEN & CO CPAS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 MADISON AVE	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	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	810931609	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LADDERS FOUNDATION	BusinessNameLine1Txt
Business Name Line2	1	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	LADD	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MOSHE BODNER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2021-11-04	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MOSHE	PersonFirstNm
Person Last	BODNER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GERSHON BIEGELEISEN	PreparerPersonNm
PTIN	P00117676	PTIN
Phone	7328866311	PhoneNum
Preparation	2021-11-15	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	$19,000	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
Total Rev And Expnss	$0	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$22,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$22,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$22,000	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$22,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$22,000	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$9,542	CashBOYAmt
Cash EOY	$12,542	CashEOYAmt
Other Nts And Loans Rcvbl	$19,000	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$44,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$19,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$19,000	OtherNtsAndLoansRcvblEOYFMVAmt
Total Assets BOY	$53,542	TotalAssetsBOYAmt
Total Assets EOY	$31,542	TotalAssetsEOYAmt
Total Assets EOYFMV	$19,000	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$53,542	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$31,542	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$53,542	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$31,542	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$53,542	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$31,542	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$53,542	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$22,000	ExcessRevenueOverExpensesAmt
Subtotal	$31,542	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$31,542	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

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
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
Individual With Books	FOUNDATION	IndividualWithBooksNm
Phone	2124705029	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	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	false	BusinessHoldingsInd
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 (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
MOSHE BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	1.00	$0	$0	$0
RUCHAMA BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	1.00	$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	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$10,709	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$19,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$29,709	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$29,709	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$446	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$29,263	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,463	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,463	MinimumInvestmentReturnAmt
Distributable Before Adj	$1,463	DistributableBeforeAdjAmt
Distributable Before Ded	$1,463	DistributableBeforeDedAmt
Distributable As Adjusted	$1,463	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$22,000	ExpensesAndContributionsAmt
Qualifying Distributions	$22,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$22,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,463	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$23,541	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$5,480	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$61,328	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$25,386	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$115,735	TotalExcessDistributionCyovAmt
Qualifying Distributions	$22,000	QualifyingDistributionsAmt
Applied To Current Year	$1,463	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$20,537	RemainingDistriFromCorpusAmt
Total Corpus	$136,272	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$136,272	ExcessDistriCyovToNextYrAmt
Excess From Year4	$23,541	ExcessFromYear4Amt
Excess From Year3	$5,480	ExcessFromYear3Amt
Excess From Year2	$61,328	ExcessFromYear2Amt
Excess From Year1	$25,386	ExcessFromYear1Amt
Excess From Current Year	$20,537	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
TAT OF TYP
6063 DREXEL ROAD	PHILADELPHIA	PA	19131	NONE	EDUCATIONAL	$1,000
KEREN AVREICHEM
LAKEWOOD	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$2,000
YESHIVA DERECH HATORAH
64 CHICANOS DRIVE	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$4,000
TALMUDO BYADO MISHNAYOS CLUBS
1072 MADISON AVE	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$15,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$22,000	TotalGrantOrContriPdDurYrAmt

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

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)

Balance DueBalanceDueAmt
HARRY SUSSMAN LOAN
$6,000
JONATHAN KRANZ LOAN
$13,000

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