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BOBS DISCOUNT FURNITURE CHARITABLE FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BOBS DISCOUNT FURNITURE CHARITABLE FOUNDATION INC (EIN 06-1475682)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-25
IRS object ID
202532379349100413
Schema version
2024v5.2
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)
Return2025-08-25T06:40:18-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061609121PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Adam P Cohen CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line181 South Main St Suite 9AddressLine1Txt
CityWest HartfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06107ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061475682EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Bobs Discount Furniture CharitableBusinessNameLine1Txt
Business Name Line2Foundation IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBOBSBusinessNameControlTxt
Phone8604741266PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1779 Norwich Salem TpkAddressLine1Txt
CityOakdaleCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06370ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRobert KaufmanPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-08-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAdam P CohenPreparerPersonNm
PTINP00046319PTIN
Phone8605216400PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$62,881FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$828,304ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$828,304TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$12,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$12,500AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$327DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$12,684OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$12,684OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$25,511TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$25,184TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$812,059ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$812,059ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$837,570TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$837,243TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,266ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$69,504CashBOYAmt
Cash EOY$62,417CashEOYAmt
Cash EOYFMV$62,417CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,636LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,172LandBldgEquipAccumDeprecAmt
Land BOY$791LandBOYAmt
Land EOY$464LandEOYAmt
Land EOYFMV$464LandEOYFMVAmt
Total Assets BOY$70,295TotalAssetsBOYAmt
Total Assets EOY$62,881TotalAssetsEOYAmt
Total Assets EOYFMV$62,881TotalAssetsEOYFMVAmt
Accounts Payable EOY$1,852AccountsPayableEOYAmt
Total Liabilities EOY$1,852TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$70,295RetainedEarningBOYAmt
Retained Earning EOY$61,029RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$70,295TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$61,029TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$70,295TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$62,881TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$70,295TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,266ExcessRevenueOverExpensesAmt
Subtotal$61,029SubtotalAmt
Tot Net Ast Or Fund Balances EOY$61,029TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
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 Addresswww.mybobs.com/charityWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Kathryn PiantaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8604741266PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1779 Norwich Salem TpkAddressLine1Txt
CityOakdaleCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06370ZIPCd
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
Robert Kaufman
779 Norwich Salem TpkeOakdaleCT06370President3.00$0
Ilene Kaufman
779 Norwich Salem TpkeOakdaleCT06370Secretary1.00$0
Kathryn Pianta
779 Norwich Salem TpkeOakdaleCT06370VicePresident40.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$108,239AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$108,239TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$108,239AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,624CashDeemedCharitableAmt
Net Vl Noncharitable Assets$106,615NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,331MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$5,331MinimumInvestmentReturnAmt
Distributable Before Adj$5,331DistributableBeforeAdjAmt
Distributable Before Ded$5,331DistributableBeforeDedAmt
Distributable As Adjusted$5,331DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$837,243ExpensesAndContributionsAmt
Qualifying Distributions$837,243QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,331DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,051,848ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$457,489ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$782,258ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$707,178ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$804,591ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,803,364TotalExcessDistributionCyovAmt
Qualifying Distributions$837,243QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$5,331AppliedToCurrentYearAmt
Remaining Distri From Corpus$831,912RemainingDistriFromCorpusAmt
Total Corpus$4,635,276TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,051,848ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,583,428ExcessDistriCyovToNextYrAmt
Excess From Year4$457,489ExcessFromYear4Amt
Excess From Year3$782,258ExcessFromYear3Amt
Excess From Year2$707,178ExcessFromYear2Amt
Excess From Year1$804,591ExcessFromYear1Amt
Excess From Current Year$831,912ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKathryn PiantaRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1434 Tolland TpkeAddressLine1Txt
CityManchesterCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06042ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8604741266RecipientPhoneNum
Form And Info And MaterialsThe Foundation requires that a letter be submitted that includes a description of the organization, exempt purpose the funds are to be used for, organization's ID number and exempt status.FormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNone.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSee AttachmentRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1779 Norwich Salem TpkAddressLine1Txt
CityOakdaleCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06370ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeOperating supportGrantOrContributionPurposeTxt
Amt$812,059Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$812,059TotalGrantOrContriPdDurYrAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonBob's Discount Furniture LLCContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1434 Tolland TurnpikeAddressLine1Txt
CityManchesterCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06370ZIPCd
FieldValueIRS element (for citing)
Total Contributions$775,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$12,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$12,500DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyLaptop computerPropertyDesc
Acquired2021-05-17AcquiredDt
Cost Or Other Basis$1,636CostOrOtherBasisAmt
Prior Year Depreciation$845PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Life5.0000LifeRt
Current Year Expense$327CurrentYearExpenseAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Furniture and Fixtures$1,636$1,172$464
Machinery and Equipment$464

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank and credit card fees$11,458$11,458
Office expense$1,226$1,226

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