FURP.ORG / PUBLIC DATA EXPLORER

THE MISSION 316 FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE MISSION 316 FOUNDATION (EIN 82-3560580)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-17
IRS object ID
202032309349100523
Schema version
2019v5.1
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)
Return2020-08-17T12:12:13-00:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUDMILA CPA INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1930 TAHOE BLVD STE 802-393AddressLine1Txt
CityINCLINE VILLAGECityNm
State AbbreviationNVStateAbbreviationCd
ZIP89451ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823560580EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MISSION 316 FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHRIBusinessNameControlTxt
Phone4252020951PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11760 Parkwood DriveAddressLine1Txt
CityProsperCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER HEASLIPPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2020-08-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLUDMILA Y POPPERPreparerPersonNm
Phone7756366601PhoneNum
Preparation2020-08-17PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,534,062FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,034,880ContriRcvdRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss-$281,623NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,753,257GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,753,257TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$645LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$645LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$550AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$550AccountingFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,195TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,195TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$220,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$220,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$221,195TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,195TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$220,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,532,062ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,000CashBOYAmt
Cash EOY$2,534,062CashEOYAmt
Cash EOYFMV$2,534,062CashEOYFMVAmt
Total Assets BOY$2,000TotalAssetsBOYAmt
Total Assets EOY$2,534,062TotalAssetsEOYAmt
Total Assets EOYFMV$2,534,062TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,000RetainedEarningBOYAmt
Retained Earning EOY$2,534,062RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,000TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,534,062TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,000TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,534,062TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,000TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,532,062ExcessRevenueOverExpensesAmt
Subtotal$2,534,062SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,534,062TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
240,000 SHS PUSHPAY HOLDING LTDD2019-07-022019-07-04$573,020$606,976-$33,956-$33,956
960,000 SHS PUSHPAY HOLDING LTDD2019-07-022019-12-13$2,180,237$2,427,904-$247,667-$247,667
FieldValueIRS element (for citing)
Capital Gain Net Income-$281,623CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$281,623NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Net Vl Noncharitable Assets Yr1$1,559NetVlNoncharitableAssetsYr1Amt
Net Vl Noncharitable Assets$271,206NetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$220,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 StateWAOrgReportOrRegisterStateCd
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 RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LUDMILA CPA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7756366601PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1930 TAHOE BLVD STE 802-393AddressLine1Txt
CityINCLINE VILLAGECityNm
State AbbreviationNVStateAbbreviationCd
ZIP89451ZIPCd
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
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
CHRISTOPHER BENJAMIN HEASLIP
1760 Parkwood DrivePROSPERTX75078DIRECTOR000.00$0
SARAH MARGARET HEASLIP
1760 Parkwood DrivePROSPERTX75078DIRECTOR000.00$0
DAVID DONALD SIMPKIN
DIRECTOR000.00$028 BOSCABEL DRIVEOHAUITI TAURANGANZ3112
BRYCE STAVELEY
DIRECTOR000.50$012 ARCADIA CRESCENT BAYVIEWAUCKLANDNZ0629

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$275,336AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$275,336TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$275,336AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,130CashDeemedCharitableAmt
Net Vl Noncharitable Assets$271,206NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,560MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$13,560MinimumInvestmentReturnAmt
Distributable Before Adj$13,560DistributableBeforeAdjAmt
Distributable Before Ded$13,560DistributableBeforeDedAmt
Distributable As Adjusted$13,560DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$220,000ExpensesAndContributionsAmt
Qualifying Distributions$220,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$220,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,560DistributableAsAdjustedAmt
Undistributed Income PY$78UndistributedIncomePYAmt
Qualifying Distributions$220,000QualifyingDistributionsAmt
Applied To Year1$78AppliedToYear1Amt
Applied To Current Year$13,560AppliedToCurrentYearAmt
Remaining Distri From Corpus$206,362RemainingDistriFromCorpusAmt
Total Corpus$206,362TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$206,362ExcessDistriCyovToNextYrAmt
Excess From Current Year$206,362ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHRISTOPHER B HEASLIPContributingManagerNm
Contributing ManagerSARAH M HEASLIPContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHILDREN'S LITERACY PROJECT
333 S STATE STLAKE OSWEGOOR97034NCCHARITABLE$10,000
MOSAIC CHURCH
7107 HOLLYWOOD BLVDLOS ANGELESCA90046NCCHARITABLE$200,000
CRU
100 LAKE HART DRORLANDOFL32832NCCHARITABLE$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$220,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion-$281,623ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$281,623ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$281,623TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionInd
CHRISTOPHER B HEASLIP
11760 Parkwood DrivePROSPERTX75078$1,517,440Yes (X)
SARAH M HEASLIP
21760 Parkwood DrivePROSPERTX75078$1,517,440Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1600,000 SHS PUSHPAY HOLDING LTD$1,517,4402019-07-02
2600,000 SHS PUSHPAY HOLDING LTD$1,517,4402019-07-02

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$550Amt
Net Investment Income$550NetInvestmentIncomeAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$645LegalFeesAmt
Net Investment Income$645NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
CHRISTOPHER B HEASLIP
1760 Parkwood DrivePROSPERTX75078
SARAH M HEASLIP
1760 Parkwood DrivePROSPERTX75078