SRI LANKA FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SRI LANKA FOUNDATION (EIN 06-1701803)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202013219349103581
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)
Return2020-11-16T11:17:25-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953695224PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VIRANI UY & ARANDA ACCOUNTANCY CORPORATIONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line116530 Ventura Blvd Suite 306AddressLine1Txt
CityEncinoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91436ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061701803EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SRI LANKA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSRILBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11930 WILSHIRE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90057ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER JAYASINGHE MDPersonNm
Person TitleBOARD CHAIRMANPersonTitleTxt
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERLINDA C ARANDAPreparerPersonNm
PTINP00291455PTIN
Phone8189070632PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$83,902FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,444,123ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$1,444,123TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$145,538CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$72,769CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$310,560OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$155,280OthEmplSlrsWgsDsbrsChrtblAmt
Taxes Rev And Expnss$85TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$43TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$17,687DeprecAndDpltnRevAndExpnssAmt
Occupancy Rev And Expnss$269,155OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl$134,578OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$674,756OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$537,699OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,417,781TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$900,369TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,300ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,300ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,420,081TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$902,669TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$24,042ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$16,644SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,199SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,199SavAndTempCashInvstEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$116,511LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,808LandBldgEquipAccumDeprecAmt
Land BOY$2LandBOYAmt
Land EOY$77,703LandEOYAmt
Land EOYFMV$77,703LandEOYFMVAmt
Other Assets BOY$3OtherAssetsBOYAmt
Other Assets EOY$1OtherAssetsEOYAmt
Total Assets BOY$16,649TotalAssetsBOYAmt
Total Assets EOY$83,903TotalAssetsEOYAmt
Total Assets EOYFMV$83,902TotalAssetsEOYFMVAmt
Other Liabilities BOY$3OtherLiabilitiesBOYAmt
Other Liabilities EOY$43,215OtherLiabilitiesEOYAmt
Total Liabilities BOY$3TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,215TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$16,646NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$16,646TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$40,688TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$16,649TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$83,903TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$16,646TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$24,042ExcessRevenueOverExpensesAmt
Subtotal$40,688SubtotalAmt
Tot Net Ast Or Fund Balances EOY$40,688TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1WALTER JAYASINGHE MDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2134831552PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11930 WILSHIRE BLVD STE 1100AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90057ZIPCd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DISHAN JAYASINHA
1930 WILSHIRE BLVDLOS ANGELESCA90057President20.00$101,538
AESHEA JAYASINGHE
880 ROSALIND ROADSAN MARINOCA91108Director10.00$0
DR J DE SILVA
1930 WILSHIRE BLVDLOS ANGELESCA90057Director0.00$0
ANUREE DE SILVA
1930 WILSHIRE BLVDLOS ANGELESCA90057Director0.00$0
SHIRANI STANISLAUS
1930 WILSHIRE BLVDLOS ANGELESCA90057Secretary30.00$44,000
WALTER JAYASINGHE
880 ROSALIND ROADSAN MARINOCA91108BOARD CHAIRMAN10.00$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonACHALA WEERASINGHEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12405 AMELIA CTAddressLine1Txt
CitySIGNAL HILLCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90755ZIPCd
FieldValueIRS element (for citing)
TitleDIR CULTURALTitleTxt
Average Hrs Per Wk Devoted To Pos40.00AverageHrsPerWkDevotedToPosRt
Compensation$59,800CompensationAmt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DIMENSION GRAPHICSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11930 WILSHIRE BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90057ZIPCd
FieldValueIRS element (for citing)
Service TypeWEB DESIGN/MAINTENANServiceTypeTxt
Compensation$50,683CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1CONDUCTED/SPONSORED SEVERAL MUSICAL AND CULTURAL PROGRAMS THROUGHOUT THE YEAR TO PROMOTE THE ADVANCEMENT AND ENJOYMENT OF SRI LANKAN CULTURE IN THE COUNTRYDescription1Txt
Expenses1$537,699Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$41,729AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$78,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$119,729TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$119,729AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,796CashDeemedCharitableAmt
Net Vl Noncharitable Assets$117,933NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,897MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,897MinimumInvestmentReturnAmt
Distributable Before Adj$5,897DistributableBeforeAdjAmt
Distributable Before Ded$5,897DistributableBeforeDedAmt
Distributable As Adjusted$5,897DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$902,669ExpensesAndContributionsAmt
Qualifying Distributions$902,669QualifyingDistributionsAmt
Adjusted Qualifying Distri$902,669AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,897DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$214,375ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$239,855ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$535,353ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$584,449ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,002,620ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,576,652TotalExcessDistributionCyovAmt
Qualifying Distributions$902,669QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$5,897AppliedToCurrentYearAmt
Remaining Distri From Corpus$896,772RemainingDistriFromCorpusAmt
Total Corpus$3,473,424TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$214,375ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,259,049ExcessDistriCyovToNextYrAmt
Excess From Year4$239,855ExcessFromYear4Amt
Excess From Year3$535,353ExcessFromYear3Amt
Excess From Year2$584,449ExcessFromYear2Amt
Excess From Year1$1,002,620ExcessFromYear1Amt
Excess From Current Year$896,772ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
SLAASC
624 EAST HALEY STREETSANTA BARBARACA93103NONEBENEFIT CONCERT$300
SOUTHERN CALIF CRICKET ASSOCIATION
28126 PEACOCKRIDGE DR STE 103RANCHO PALOS VERDESCA90275NONEPROMOTE & PRESERVE CRICKET TOURNAMENTS TO THE SRI LANKAN COMMUNITY$2,000PC
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,300TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

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 ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
SATHY CHANDRAMOHAN
11946 LAMP POST AVELA CANADACA91011$15,000Yes (X)
JAYASINHALA FOUNDATION
2880 ROSALIND ROADSAN MARINOCA91108$1,405,000Yes (X)

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (6 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmt
OFFICE EQUIPMENT2019-07-19$2,894200DB0.1429$414
OFFICE EQUIPMENT2019-07-19$7,784200DB0.1429$1,112
OFFICE EQUIPMENT2019-07-19$1,027200DB0.1429$147
OFFICE FURNITURE2019-07-19$832200DB0.1429$119
OFFICE FURNITURE2019-08-29$11,821200DB0.1429$1,689
AUTO2019-02-09$71,030200DB0.2000$14,206

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceGeneral Explanation Supplemental Information for Form 990-PFFormAndLineReferenceDesc
Medium ExplanationATTACHMENTPART V111, LINE 1OTHER OFFICERS/DIRECTORS WORK ON "AS NEEDED" BASISATTACHMENTPART V111, # 2TITLE: DIRECTOR, CULTURAL AFFAIRSMediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (4 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Auto./Transportation Equip.$71,030$14,206$56,824
Furniture and Fixtures$32,944$22,810$10,134
Machinery and Equipment$12,537$1,792$10,745
Miscellaneous$77,703

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
EOY Book Value$1EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTO EXPENSE$7,496$3,748
BOOKS/SUBSCRIPTIONS$10$5
CONTRACT SERVICES$41,060$20,530
EVENT PROGRAM / ACTIVITIES$400,636$400,636
HEALTH INSURANCE$33,174$16,587
INSURANCE$11,380$5,690
LEGAL & ACCOUNTING$7,431$3,716
NEWSLETTER /PRINTING$6,299$3,150
OFFICE$4,115$2,058
OFFICE$5,500$2,750
OUTSIDE SERVICES$55,059$27,530
PAYROLL TAXES$38,410$19,205
SPONSORSHIP$5,656$2,828
SUPPLIES$1,162$581
TELEPHONE$7,161$3,581
TRAVEL/MEETINGS$207$104
WEB DESIGN / MAINTENANCE$50,000$25,000

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescEOY Book ValueEOYBookValueAmtBOY Book ValueBOYBookValueAmt
PAYROLL TAXES PAYABLE$43,215
AUTO LOAN PAYABLE
Rounding$3

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$85Amt
Disbursements Charitable Prps$43DisbursementsCharitablePrpsAmt

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