THE ASOMUGHA FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE ASOMUGHA FOUNDATION (EIN 20-3196099)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-06
IRS object ID
202023119349100827
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)
Return2020-11-06T19:15:54-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOLTHOUSE CARLIN & VAN TRIGT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1355 S GRAND AVE STE 1710AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90071ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203196099EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Asomugha FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% DR LILIAN I ASOMUGHAInCareOfNm
Business Name ControlASOMBusinessNameControlTxt
Phone3103250009PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111633 South Western AvenueAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90047ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR LILIAN ASOMUGHAPersonNm
Person TitlePresident and CEOPersonTitleTxt
Phone3103250009PhoneNum
Signature2020-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S DREYERPreparerPersonNm
PTINP00002084PTIN
Phone2136838790PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address76.87.203.112IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id96719820203115000001FederalOriginalSubmissionId
Federal Original Submission Id2020-11-06FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id596DC0BB793532E20B17DBE54C853DF6553BCDD7AtSubmissionCreationDeviceId
At Submission Filing Device Id30B136C85C64ED3436C4A0E89394F884E8A0AE0EAtSubmissionFilingDeviceId
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$34,462FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$145,035ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$145,035TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Oth Empl Slrs Wgs Rev And Expnss$31,796OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$31,796OthEmplSlrsWgsDsbrsChrtblAmt
Taxes Rev And Expnss$10,397TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$10,397TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$121,910OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$121,910OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$164,103TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$164,103TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$164,103TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$164,103TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$19,068ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$31,040CashBOYAmt
Cash EOY$13,394CashEOYAmt
Cash EOYFMV$13,394CashEOYFMVAmt
Other Assets BOY$21,068OtherAssetsBOYAmt
Other Assets EOY$21,068OtherAssetsEOYAmt
Other Assets EOYFMV$21,068OtherAssetsEOYFMVAmt
Total Assets BOY$52,108TotalAssetsBOYAmt
Total Assets EOY$34,462TotalAssetsEOYAmt
Total Assets EOYFMV$34,462TotalAssetsEOYFMVAmt
Accounts Payable BOY$2,997AccountsPayableBOYAmt
Accounts Payable EOY$378AccountsPayableEOYAmt
Total Liabilities BOY$2,997TotalLiabilitiesBOYAmt
Total Liabilities EOY$378TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Tot Net Ast Or Fund Balances BOY$49,111TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$34,084TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$52,108TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$34,462TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$49,111TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$19,068ExcessRevenueOverExpensesAmt
Other Increases$4,041OtherIncreasesAmt
Subtotal$34,084SubtotalAmt
Tot Net Ast Or Fund Balances EOY$34,084TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail
Qlfy Und Sect4940e Reduced TaxQlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

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 StateCAOrgReportOrRegisterStateCd
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 RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.buildingtoday.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1DR LILIAN I ASOMUGHABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3103250009PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111633 SOUTH WESTERN AVENUEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90047ZIPCd
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 PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
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 (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DR LILIAN I ASOMUGHA
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047PRESIDENT/DIRECTOR0$0$0$0
NNAMDI ASOMUGHA
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
CHIJIOKE ASOMUGHA
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
RICHARD ROZMAN
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
FRANK OTI
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
ARI WARMERDAM
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
AKBAR GBAJABIAMILA
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0
AMAKA AKUDINOBI
11633 SOUTH WESTERN AVENUELOS ANGELESCA90047DIRECTOR0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1ACTS SCHOLARSHIPS AND TRAVEL EXPENSES FOR TRIPS TO VISIT COLLEGESDescription1Txt
Expenses1$79,759Expenses1Amt
Description2EVENTS FOR GLOBAL WOMEN'S CONFERENCE HELD TO ADVANCE GLOBAL WOMEN'S ISSUES AND RAISE AWARENESSDescription2Txt
Expenses2$4,176Expenses2Amt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,427AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$23,427TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$23,427AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$351CashDeemedCharitableAmt
Net Vl Noncharitable Assets$23,076NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,154MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,154MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$1,154DistributableBeforeAdjAmt
Distributable Before Ded$1,154DistributableBeforeDedAmt
Distributable As Adjusted$1,154DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$164,103ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$164,103QualifyingDistributionsAmt
Adjusted Qualifying Distri$164,103AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,154DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12017PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32015PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$148,042ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$199,922ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$347,964TotalExcessDistributionCyovAmt
Qualifying Distributions$164,103QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$1,154AppliedToCurrentYearAmt
Remaining Distri From Corpus$162,949RemainingDistriFromCorpusAmt
Total Corpus$510,913TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$510,913ExcessDistriCyovToNextYrAmt
Excess From Year2$148,042ExcessFromYear2Amt
Excess From Year1$199,922ExcessFromYear1Amt
Excess From Current Year$162,949ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNNAMDI ASOMUGHAContributingManagerNm
Contributing ManagerLILIAN ASOMUGHAContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing ActySubtotalsIncmProducingActyGrp

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 (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
NNAMDI ASOMUGHA
111633 SOUTH WESTERN AVENUELOS ANGELESCA90047$105,000Yes (X)
LILIAN ASOMUGHA
211633 SOUTH WESTERN AVENUELOS ANGELESCA90047$15,500Yes (X)
VARIOUS 5000
311633 SOUTH WESTERN AVENUELOS ANGELESCA90047$19,535Yes (X)
JONES ZAFARI GROUP
42049 CENTURY PARK EAST 12TH FLOORLOS ANGELESCA90067$5,000Yes (X)

Depreciation Schedule DepreciationSchedule

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
FURNITURE & FIXTURES$8,993$8,993$8,993
MACHINERY & EQUIPMENT$894$894$894
PLEDGES AND GRANT RECEIVABLE$11,181$11,181$11,181

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL FEE$5,334$5,334
WEB SERVICE$100$100
MERCHANT SERVICE$498$498
ACTS SCHOLAR$18,215$18,215
INSURANCE$1,308$1,308
MARKETING$100$100
MISC VAR EXPENSE$3,574$3,574
SHIPPING$1,240$1,240
GLOBAL WOMEN'S CONFERENCE$4,176$4,176
BANK SERVICE FEE$132$132
IRS RECLASSIFICATION$400$400
ACTS MERCHANDISE$3,792$3,792
ACTS HOTEL/AIRFARE$40,187$40,187
ACTS TRANSPORTATION$17,564$17,564
MEALS$6,199$6,199
ENTERTAINMENT$1,906$1,906
CREDIT CARD FEES$1,108$1,108
DEMARO RICKETTS$500$500
OWINA$14,000$14,000
DR. LILIAN$567$567
GOLD CREST ASSOCIATION$1,010$1,010

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPRIOR PERIOD ADJUSTMENTDesc
Amt$4,041Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAX$10,377$10,377
FTB$20$20

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