BETA

LEADERS FOLLOWING CHRIST INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LEADERS FOLLOWING CHRIST INC (EIN 26-2277424)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-08
IRS object ID
202041909349100304
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)
Return2020-07-08T08:56:44-04:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464308610PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PERETORE ACCOUNTING LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12701 NORTH STREETAddressLine1Txt
CityEndicottCityNm
State AbbreviationNYStateAbbreviationCd
ZIP13760ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262277424EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEADERS FOLLOWING CHRISTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEADBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 INDUSTRIAL PARK DRIVEAddressLine1Txt
CityBINGHAMTONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP13904ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL R BABCOCKPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone6077443660PhoneNum
Signature2020-04-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK PERETOREPreparerPersonNm
PTINP01506936PTIN
Phone6077854070PhoneNum
Preparation2020-07-08PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.74.56.66IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-08IPDt
IP Tm09:02:46IPTm
Federal Original Submission Id16633020201904yjvhroFederalOriginalSubmissionId
Federal Original Submission Id2020-07-08FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDB424ED672C627189D64FC9958892AE9AF449E55AtSubmissionCreationDeviceId
At Submission Filing Device IdDB424ED672C627189D64FC9958892AE9AF449E55AtSubmissionFilingDeviceId
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$37,861FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200,988ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Total Rev And Expnss$200,988TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$97,332OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$97,332OthEmplSlrsWgsDsbrsChrtblAmt
Taxes Rev And Expnss$8,660TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$8,660TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$2,269TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$2,269TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$21,236OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$21,236OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$129,497TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$129,497TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$23,689ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$23,689ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$153,186TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$153,186TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$47,802ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$39,664CashBOYAmt
Cash EOY$37,459CashEOYAmt
Cash EOYFMV$37,459CashEOYFMVAmt
Other Assets BOY$402OtherAssetsBOYAmt
Other Assets EOY$402OtherAssetsEOYAmt
Other Assets EOYFMV$402OtherAssetsEOYFMVAmt
Total Assets BOY$40,066TotalAssetsBOYAmt
Total Assets EOY$37,861TotalAssetsEOYAmt
Total Assets EOYFMV$37,861TotalAssetsEOYFMVAmt
Other Liabilities BOY$50,047OtherLiabilitiesBOYAmt
Other Liabilities EOY$40OtherLiabilitiesEOYAmt
Total Liabilities BOY$50,047TotalLiabilitiesBOYAmt
Total Liabilities EOY$40TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY-$9,981RetainedEarningBOYAmt
Retained Earning EOY$37,821RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY-$9,981TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$37,821TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$40,066TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$37,861TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$9,981TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$47,802ExcessRevenueOverExpensesAmt
Subtotal$37,821SubtotalAmt
Tot Net Ast Or Fund Balances EOY$37,821TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$171,885AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,955NetVlNoncharitableAssetsYr1Amt
Distribution Yr158.167513DistributionYr1Rt
Net Vl Noncharitable Assets Yr2$798NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.0DistributionYr2Rt
Total Distribution58.167513TotalDistributionRt
Average Distribution11.633503AverageDistributionRt
Net Vl Noncharitable Assets$2,955NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$34,377AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$34,377AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$153,186QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt

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
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressLEADERSFOLLOWINGCHRIST.ORGWebsiteAddressTxt
Individual With BooksCHELSEA BABCOCKIndividualWithBooksNm
Phone6073213019PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11382 PELHAM RDAddressLine1Txt
CityWELLINGTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33414ZIPCd
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
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

FieldValueIRS element (for citing)
PersonDANIEL R BABCOCKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11382 PELHAM RDAddressLine1Txt
CityWELLINGTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33414ZIPCd
FieldValueIRS element (for citing)
TitleCHARIMANTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
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$3,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,000TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$45CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,955NetVlNoncharitableAssetsAmt
Minimum Investment Return$148MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$148MinimumInvestmentReturnAmt
Distributable Before Adj$148DistributableBeforeAdjAmt
Distributable Before Ded$148DistributableBeforeDedAmt
Distributable As Adjusted$148DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$153,186ExpensesAndContributionsAmt
Qualifying Distributions$153,186QualifyingDistributionsAmt
Adjusted Qualifying Distri$153,186AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$148DistributableAsAdjustedAmt
Prior Year12014PriorYear1Yr
Prior Year22015PriorYear2Yr
Prior Year32016PriorYear3Yr
Excess Distribution Cyov Yr1$171,185ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$171,185TotalExcessDistributionCyovAmt
Qualifying Distributions$153,186QualifyingDistributionsAmt
Applied To Prior Years$512AppliedToPriorYearsAmt
Applied To Current Year$148AppliedToCurrentYearAmt
Remaining Distri From Corpus$152,526RemainingDistriFromCorpusAmt
Total Corpus$323,711TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$323,711ExcessDistriCyovToNextYrAmt
Excess From Year1$171,185ExcessFromYear1Amt
Excess From Current Year$152,526ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDANIEL R BABCOCKContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonDANIEL R BABCOCKRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11382 PHELHAM RDAddressLine1Txt
CityWELLINGTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33414ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeCONTRIBUTIONSGrantOrContributionPurposeTxt
Amt$100,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$100,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

FieldValueIRS element (for citing)
Recipient PersonDAN BABCOCKRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11382 PHELHAM RDAddressLine1Txt
CityWELLINGTONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33414ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeCONTRIBUTIONSGrantOrContributionPurposeTxt
Amt$100,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$100,000TotalGrantOrContriApprvFutAmt

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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescCREDIT SUISSEDesc
BOY Book Value$402BOYBookValueAmt
EOY Book Value$402EOYBookValueAmt
EOYFMV$402EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$515$0$0$515
WEBSITE$3,360$0$0$3,360
MISCELLANEOUS EXPENSES$7,429$0$0$7,429
PAYROLL PROCESSING$1,085$0$0$1,085
CREDIT CARD$3,911$0$0$3,911
BANK CHARGES$709$0$0$709
PHONE$1,259$0$0$1,259
CONF CONV AND MEETINGS$1,338$0$0$1,338
OUTSIDE CONTRACT$709$0$0$709
PROFESSIONAL FEES$921$0$0$921

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
NY PAID FAMILY LEAVE$47$40
NOTE PAYABLEDANIEL R BABCOCK$50,000$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES$8,610$0$0$8,610
TAXES$50$0$0$50

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.