FIVE TWO FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FIVE TWO FOUNDATION (EIN 46-4329847)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-28
IRS object ID
202002419349300745
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)
Return2020-08-28T15:19:33-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263052066PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPN ENTERPRISES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17500 COLLEGE BLVD SUITE 500AddressLine1Txt
CityOVERLAND PARKCityNm
State AbbreviationKSStateAbbreviationCd
ZIP66210ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464329847EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FIVE TWO FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFIVEBusinessNameControlTxt
Phone7035392026PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14369 STRAWFLOWER STREETAddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEX LIMPersonNm
Person TitleTREASURERPersonTitleTxt
Signature2020-08-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKYLE P NAGY CPAPreparerPersonNm
PTINP00892716PTIN
Phone9136937984PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address4.53.35.134IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id4342852020197j002075FederalOriginalSubmissionId
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id70B15D1966104EE16CC891B46B2C8E5A8D9E4EBFAtSubmissionCreationDeviceId
At Submission Filing Device IdB3C9D1FD8621DB2CADAD6EDDE536C5AEF2CDDFE8AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALEX LIMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14369 STRAWFLOWER STREETAddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$248,921GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO MULTIPLY GODS RESOURCES FOR THE COMMON GOOD BY PROVIDING A PLATFORM FOR DONATIONS TO FURTHER GODS KINGDOM IN ASIA, PRIMARILY IN SOUTH KOREA.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$48,031PYContributionsGrantsAmt
CY Contributions Grants$248,921CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$48,031PYTotalRevenueAmt
CY Total Revenue$248,921CYTotalRevenueAmt
PY Grants And Similar Paid$25,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$204,368CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,889CYTotalFundraisingExpenseAmt
PY Other Expenses$4,275PYOtherExpensesAmt
CY Other Expenses$29,438CYOtherExpensesAmt
PY Total Expenses$29,275PYTotalExpensesAmt
CY Total Expenses$233,806CYTotalExpensesAmt
PY Revenues Less Expenses$18,756PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$15,115CYRevenuesLessExpensesAmt
Total Assets BOY$18,756TotalAssetsBOYAmt
Total Assets EOY$33,871TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,756NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$33,871NetAssetsOrFundBalancesEOYAmt
MissionTO MULTIPLY GODS RESOURCES FOR THE COMMON GOOD BY PROVIDING A PLATFORM FOR DONATIONS TO FURTHER GODS KINGDOM IN ASIA, PRIMARILY IN SOUTH KOREA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$219,986ExpenseAmt
Grant$204,368GrantAmt
DescTHE ORGANIZATION PRIMARILY EXECUTES ITS EXEMPT PURPOSE THROUGH ADesc
Total Program Service Expenses$219,986TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALEX LIMPersonNm
Phone7035392026PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14369 STRAWFLOWEAddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MATT SCHOCKI
PRESIDENT50Yes (X)Yes (X)$0$0$0
ALEX LIM
TREASURER50Yes (X)Yes (X)$0$0$0
ELLEN PARK
SECRETARY50Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$248,921AllOtherContributionsAmt
Total Contributions$248,921TotalContributionsAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$248,921TotalRevenueColumnAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$204,368TotalAmt
Program Services$204,368ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,224TotalAmt
Program Services$918ProgramServicesAmt
Fundraising$306FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,221TotalAmt
Program Services$364ProgramServicesAmt
Management And General$3,857ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,165TotalAmt
Program Services$2,791ProgramServicesAmt
Management And General$2,791ManagementAndGeneralAmt
Fundraising$5,583FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,828TotalAmt
Program Services$11,545ProgramServicesAmt
Management And General$1,283ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$233,806TotalAmt
Program Services$219,986ProgramServicesAmt
Management And General$7,931ManagementAndGeneralAmt
Fundraising$5,889FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$18,756BOYAmt
EOY$33,871EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,756BOYAmt
EOY$33,871EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,756BOYAmt
EOY$33,871EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,756BOYAmt
EOY$33,871EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,756BOYAmt
EOY$33,871EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$15,115ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$48,031CurrentTaxYearMinus1YearAmt
Current Tax Year$248,921CurrentTaxYearAmt
Total$296,952TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$48,031CurrentTaxYearMinus1YearAmt
Current Tax Year$248,921CurrentTaxYearAmt
Total$296,952TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$52,071SubstantialContributorsTotAmt
Public Support Total170$244,881PublicSupportTotal170Amt
Total Support$296,952TotalSupportAmt
Public Support CY1700.82460PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionE ASIA & PACIFICRegionTxt
Offices1OfficesCnt
Employee2EmployeeCnt
Type Of Activities ConductedPROGRAMTypeOfActivitiesConductedTxt
Region Total Expenditures$216,277RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$216,277SubtotalSpentAmt
Total Spent$216,277TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionE ASIA PACIRegionTxt
Purpose Of GrantPROGRAMPurposeOfGrantTxt
Cash Grant$204,368CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
Description Of Non Cash AsstNADescriptionOfNonCashAsstTxt
Valuation Method UsedNAValuationMethodUsedDesc
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I - LINE 2 GRANTMAKINGTHE ORGANIZATION GRANTS FUNDS TO A FOREIGN ORGANIZATION WHICH PRIMARILY EXECUTES THE EXEMPT PURPOSES OF THE ORGANIZATION OVERSEAS. THE DIRECTORS OF THE ORGANIZATION PERSONALLY ARE IN DIRECT CONTACT WITH THOSE INDIVIDUALS
PART I - LINE 2 GRANTMAKING CONTINUEDMANAGING AND DISPERING FUNDS FOR THE FOREIGN ORGANIZATION TO ENSURE THAT FUNDS ARE USED APPROPRIATELY AND TOWARDS THE ORGANIZATION'S EXEMPT PURPOSE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VI, LINE 11B - 990 REVIEWTHE DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD ELECTRONICALLY PRIOR TO FILING AND ANY COMMENTS OR QUESTIONS ARE ADDRESSED AS NEEDED.
PART VI, LINE 15A/B - OFFICER COMPENSATIONOFFICERS ARE NOT COMPENSATED BY THE ORGANIZATION, THEREFORE NO COMPENSATION STUDIES ARE REQUIRED.
PART VI, LINE 19 - 990 INSPECTIONTHE ORGANIZATION PROVIDES A COPY OF ITS BYLAWS, 1023, AND FORM 990S TO ANY PERSON REQUESTING THEM.

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