BETA

LEYTON FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LEYTON FOUNDATION (EIN 27-1447571)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202033219349106003
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)
Return2020-11-16T13:47:03-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330269446PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1The Donovan CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19930 Research Drive Suite 100AddressLine1Txt
CityIrvineCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271447571EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Leyton FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEYTBusinessNameControlTxt
Phone8882886617PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12271 W Malvern AveAddressLine1Txt
CityFullertonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92833ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMitchell LeytonPersonNm
Person TitleCEO & CFOPersonTitleTxt
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonThomas G DonovanPreparerPersonNm
PTINP00234335PTIN
Phone9496401333PhoneNum
Self EmployedYes (X)SelfEmployedInd
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$119,054FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$49,906ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$355DividendsRevAndExpnssAmt
Dividends Net Invst Incm$355DividendsNetInvstIncmAmt
Dividends Adj Net Incm$355DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$16,298NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$25,587GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,298CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$66,559TotalRevAndExpnssAmt
Total Net Invst Incm$16,653TotalNetInvstIncmAmt
Total Adj Net Incm$355TotalAdjNetIncmAmt
Taxes Rev And Expnss$10TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$108OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$118TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,818TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$55,741ExcessRevenueOverExpensesAmt
Net Investment Income$16,653NetInvestmentIncomeAmt
Adjusted Net Income$355AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$20,079CashBOYAmt
Cash EOY$50,203CashEOYAmt
Cash EOYFMV$50,203CashEOYFMVAmt
Corporate Stock EOY$10,472CorporateStockEOYAmt
Corporate Stock EOYFMV$37,020CorporateStockEOYFMVAmt
Other Investments EOY$15,145OtherInvestmentsEOYAmt
Other Investments EOYFMV$31,831OtherInvestmentsEOYFMVAmt
Total Assets BOY$20,079TotalAssetsBOYAmt
Total Assets EOY$75,820TotalAssetsEOYAmt
Total Assets EOYFMV$119,054TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$20,079RetainedEarningBOYAmt
Retained Earning EOY$75,820RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$20,079TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$75,820TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$20,079TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$75,820TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$20,079TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$55,741ExcessRevenueOverExpensesAmt
Subtotal$75,820SubtotalAmt
Tot Net Ast Or Fund Balances EOY$75,820TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property750 Bank of AmericaPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2010-10-19AcquiredDt
Sold2019-12-16SoldDt
Gross Sales Price$25,587GrossSalesPriceAmt
Cost Or Other Basis$9,289CostOrOtherBasisAmt
Gain Or Loss$16,298GainOrLossAmt
Gains Minus Excess Or Losses$16,298GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$16,298CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$333InvestmentIncomeExciseTaxAmt
Subtotal$333SubtotalAmt
Tax Based On Investment Income$333TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3TotalPaymentsAndCreditsAmt
Tax Due$330TaxDueAmt

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 ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.leytonfoundation.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Michell C LeytonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8883971593PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12271 W Malvern Ave 424AddressLine1Txt
CityFullertonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92833ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Mitchell Leyton
2271 W Malvern Ave 424FullertonCA92833CEO & CFO0.00$0
Corey Leyton
PO Box 14225OrangeCA92863Secretary0.00$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$17,203AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$17,097AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,300TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$34,300AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$515CashDeemedCharitableAmt
Net Vl Noncharitable Assets$33,785NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,689MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,689MinimumInvestmentReturnAmt
Tax Based On Investment Income$333TaxBasedOnInvestmentIncomeAmt
Total Tax$333TotalTaxAmt
Distributable Before Adj$1,356DistributableBeforeAdjAmt
Distributable Before Ded$1,356DistributableBeforeDedAmt
Distributable As Adjusted$1,356DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,700ExpensesAndContributionsAmt
Qualifying Distributions$10,700QualifyingDistributionsAmt
Adjusted Qualifying Distri$10,700AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,356DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$30,356ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$29,465ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$26,499ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$8,827ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,758ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$99,905TotalExcessDistributionCyovAmt
Qualifying Distributions$10,700QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,356AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,344RemainingDistriFromCorpusAmt
Total Corpus$109,249TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$30,356ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$78,893ExcessDistriCyovToNextYrAmt
Excess From Year4$29,465ExcessFromYear4Amt
Excess From Year3$26,499ExcessFromYear3Amt
Excess From Year2$8,827ExcessFromYear2Amt
Excess From Year1$4,758ExcessFromYear1Amt
Excess From Current Year$9,344ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMitchell LeytonContributingManagerNm
Contributing ManagerCorey LeytonContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonLeyton FoundationRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12271 W Malvern Ave 424AddressLine1Txt
CityFullertonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92833ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8882886617RecipientPhoneNum
Recipient Email Addresswww.leytonfoundation.orgRecipientEmailAddressTxt
Form And Info And MaterialsApplications can be accessed through the foundation website and mailed to the above address or emailed to mitch@leytonfoundation.org.FormAndInfoAndMaterialsTxt
Submission DeadlinesThroughout the yearSubmissionDeadlinesTxt
Restrictions On AwardsThe Leyton Foundation is a public charity that helps students needing financial assistance to attend college or participate in extra-curricular educational activities. Awards range from $250 to $3,000 per semester/activity.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Janet Esqueda
635 Willow DrBreaCA92821NoneIEducational Scholarship$3,000
Javier Marin Munoz
291 Kraemer Cir 820BreaCA92821NoneIEducational Scholarship$2,000
Boys and Girls Club
502 S Sievers AveBreaCA92821NonePCGrants and contributions are for the donee's unrestricted use in their charity$3,000
Mariposa Elementary PTA
1111 Mariposa DrBreaCA92821NonePCGrants and contributions are for the donee's unrestricted use in their charity$200
Pop Warner Little Scholars Inc
PO Box 701BreaCA92822NonePCGrants and contributions are for the donee's unrestricted use in their charity$1,000
Brea Education Foundation
PO Box 300BreaCA92822NonePCGrants and contributions are for the donee's unrestricted use in their charity$500
Stephanie Serna
130 N Orange StBreaCA92821NoneIEducational Scholarship$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$355ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,298RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$355ExclusionAmt
Related Or Exempt Function Incm$16,298RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,653TotalIncomeProducingActyAmt

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 PersonMitch LeytonContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11071 N Tustin Ave Ste 105AddressLine1Txt
CityAnaheimCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92807ZIPCd
FieldValueIRS element (for citing)
Total Contributions$15,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockStocksStockNm
EOY Book Value$10,472EOYBookValueAmt
EOYFMV$37,020EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemExchange-traded and Closed-end FundsCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$15,145BookValueAmt
EOYFMV$31,831EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Website registration and hosting$100
Paper Checks$8

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryCalifornia TaxesCategoryTxt
Amt$10Amt

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