BETA

HELP SOM-CHILD FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HELP SOM-CHILD FOUNDATION INC (EIN 13-3319142)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-11
IRS object ID
202141319349100709
Schema version
2019v5.0
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)
Return2021-05-11T05:42:05-07:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113549288PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bruce A Rosen CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17 Cobblestone CourtAddressLine1Txt
CityCenterportCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133319142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HELP SOM-CHILD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHELPBusinessNameControlTxt
Phone2125819340PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 MADISON AVENUE - 5TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMY MORGAN SOMMERPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,794,708FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$339InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$339InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$339InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$26,436DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,436DividendsNetInvstIncmAmt
Dividends Adj Net Incm$26,436DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$23,951NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$346,324GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$23,951CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$50,726TotalRevAndExpnssAmt
Total Net Invst Incm$50,726TotalNetInvstIncmAmt
Total Adj Net Incm$26,775TotalAdjNetIncmAmt
Taxes Rev And Expnss$3,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$8,163OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$8,163OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$8,163OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$11,163TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,163TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$8,163TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$145,950ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$145,950ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$157,113TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,163TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$8,163TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$145,950TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$106,387ExcessRevenueOverExpensesAmt
Net Investment Income$42,563NetInvestmentIncomeAmt
Adjusted Net Income$18,612AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$120,642SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$191,415SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$191,415SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$832,506CorporateStockBOYAmt
Corporate Stock EOY$485,415CorporateStockEOYAmt
Corporate Stock EOYFMV$1,227,981CorporateStockEOYFMVAmt
Other Investments BOY$377,044OtherInvestmentsBOYAmt
Other Investments EOY$546,975OtherInvestmentsEOYAmt
Other Investments EOYFMV$375,312OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,330,192TotalAssetsBOYAmt
Total Assets EOY$1,223,805TotalAssetsEOYAmt
Total Assets EOYFMV$1,794,708TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,330,192RetainedEarningBOYAmt
Retained Earning EOY$1,223,805RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,330,192TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,223,805TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,330,192TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,223,805TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,330,192TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$106,387ExcessRevenueOverExpensesAmt
Subtotal$1,223,805SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,223,805TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
DEUTSCHE BANKP2020-01-012020-01-01$7,506$10,060-$2,554-$2,554
DEUTSCHE BANKP2005-01-012020-01-01$329,155$312,313$16,842$16,842
Capital Gain Dividends$9,663
FieldValueIRS element (for citing)
Capital Gain Net Income$23,951CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$2,554NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$93,443AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,669,773NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05596DistributionYr1Rt
Adjusted Qlfy Distri Yr2$92,846AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,602,285NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05795DistributionYr2Rt
Adjusted Qlfy Distri Yr3$78,057AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,487,266NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05248DistributionYr3Rt
Adjusted Qlfy Distri Yr4$67,860AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,454,541NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04665DistributionYr4Rt
Adjusted Qlfy Distri Yr5$72,110AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,517,589NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04752DistributionYr5Rt
Total Distribution0.260561TotalDistributionRt
Average Distribution0.052112AverageDistributionRt
Net Vl Noncharitable Assets$1,729,848NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$90,146AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$426NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$90,572AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$145,950QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$426InvestmentIncomeExciseTaxAmt
Subtotal$426SubtotalAmt
Tax Based On Investment Income$426TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,977EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,977TotalPaymentsAndCreditsAmt
Overpayment$4,551OverpaymentAmt
Applied To ES Tax$4,551AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
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 ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125819340PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1555 MADISON AVENUE - 5TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AMY MORGAN SOMMER
1112 MONTANA AVENUE 610SANTA MONICACA90403President0.00$0
BEVERLY SOMMER
555 MADISON AVENUE - 5TH FLNEW YORKNY10022Vice President0.00$0
ANZHELA SHAPOVALOVA
555 MADISON AVENUE - 5TH FLNEW YORKNY10022Treasurer0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,600,162AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$156,029AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,756,191TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,756,191AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$26,343CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,729,848NetVlNoncharitableAssetsAmt
Minimum Investment Return$86,492MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$86,492MinimumInvestmentReturnAmt
Tax Based On Investment Income$426TaxBasedOnInvestmentIncomeAmt
Total Tax$426TotalTaxAmt
Distributable Before Adj$86,066DistributableBeforeAdjAmt
Distributable Before Ded$86,066DistributableBeforeDedAmt
Distributable As Adjusted$86,066DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$145,950ExpensesAndContributionsAmt
Qualifying Distributions$145,950QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$426PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$145,524AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$86,066DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$5,460ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$16,090ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$12,678ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$34,228TotalExcessDistributionCyovAmt
Qualifying Distributions$145,950QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$86,066AppliedToCurrentYearAmt
Remaining Distri From Corpus$59,884RemainingDistriFromCorpusAmt
Total Corpus$94,112TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$94,112ExcessDistriCyovToNextYrAmt
Excess From Year3$5,460ExcessFromYear3Amt
Excess From Year2$16,090ExcessFromYear2Amt
Excess From Year1$12,678ExcessFromYear1Amt
Excess From Current Year$59,884ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAMY MORGAN SOMMERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SCHEDULEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Recipient Relationshipn/aRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeVARIOUSGrantOrContributionPurposeTxt
Amt$145,950Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$145,950TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$339RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26,436RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,951RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$50,726RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$50,726TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDEUTSCHE BANK - EQUITIESStockNm
EOY Book Value$485,415EOYBookValueAmt
EOYFMV$1,227,981EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
DEUTSCHE BANK - OTHERAT COST$16,853$21,238
DEUTSCHE BANK - FIXED INCOMEAT COST$530,122$354,074

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT ADVISORY FEES$7,913$7,913$7,913
REGISTRATION FEES$250$250$250

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$3,000Amt

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