MUSSANI FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: MUSSANI FAMILY FOUNDATION (EIN 27-1787149)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-10-30
IRS object ID: 202043049349100034
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
Form 990-PF
Accounting Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-10-30T14:54:53-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt
Disaster Relief	EXTENSION GRANTED TO NOVEMBER 16, 2020	DisasterReliefTxt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	392070038	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RHAME & PERNA PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	14180 DALLAS PARKWAY STE 715	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	752544384	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	271787149	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MUSSANI FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MUSS	BusinessNameControlTxt
Phone	2149278245	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6506 PEMBERTON DRIVE	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75230	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SUE A MUSSANI	PersonNm
Person Title	DIRECTOR, PRESIDENT	PersonTitleTxt
Phone	2149278245	PhoneNum
Signature	2020-10-30	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID A PERNA	PreparerPersonNm
PTIN	P00162455	PTIN
Phone	9728515900	PhoneNum
Preparation	2020-10-30	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	216.201.152.149	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-10-30	IPDt
IP Tm	14:54:53	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	88BDFB37072F1AFA8CC06565253FE8878F5C2AE1	AtSubmissionCreationDeviceId
At Submission Filing Device Id	F12050855152932CBAB0F90D0C99BBAAFAEF3A61	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Special Condition	EXTENSION GRANTED TO NOVEMBER 16, 2020	SpecialConditionDesc
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$617	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$0	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$978	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$978	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$978	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$978	AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss	$978	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$978	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$978	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$978	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$978	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$978	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$978	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$978	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$978	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,595	CashBOYAmt
Cash EOY	$617	CashEOYAmt
Cash EOYFMV	$617	CashEOYFMVAmt
Total Assets BOY	$1,595	TotalAssetsBOYAmt
Total Assets EOY	$617	TotalAssetsEOYAmt
Total Assets EOYFMV	$617	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$1,595	RetainedEarningBOYAmt
Retained Earning EOY	$617	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,595	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$617	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,595	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$617	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,595	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$978	ExcessRevenueOverExpensesAmt
Subtotal	$617	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$617	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$963	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$2,235	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.430872	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,586	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$4,194	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.855031	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$2,273	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$2,161	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	1.051828	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$5,894	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,298	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	4.540832	DistributionYr4Rt
Total Distribution	6.878563	TotalDistributionRt
Average Distribution	1.719641	AverageDistributionRt
Net Vl Noncharitable Assets	$981	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,687	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,687	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$978	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	false	AtLeast5000InAssetsInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	LINDA CLEVELAND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2144172524	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1513 GREENBRIAR DRIVE	AddressLine1Txt
City	VAN ALSTYNE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75495	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
SUE A MUSSANI
6506 PEMBERTON DRIVE	DALLAS	TX	75230	DIRECTOR, PR	000.00	$0	$0	$0
ARIF MUSSANI
6739 NORWAY ROAD	DALLAS	TX	75230	DIRECTOR, TR	000.00	$0	$0	$0
MICHAEL D GINSBERG
16135 PRESTON ROAD SUITE 101	DALLAS	TX	75248	DIRECTOR	000.00	$0	$0	$0
TARIQ MUSSANI
5844 MEADERS LANE	DALLAS	TX	75230	DIRECTOR, SE	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$996	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$996	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$996	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$15	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$981	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$49	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$49	MinimumInvestmentReturnAmt
Distributable Before Adj	$49	DistributableBeforeAdjAmt
Distributable Before Ded	$49	DistributableBeforeDedAmt
Distributable As Adjusted	$49	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$978	ExpensesAndContributionsAmt
Qualifying Distributions	$978	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$978	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$49	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$2,860	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$5,829	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,165	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$3,376	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$851	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$15,081	TotalExcessDistributionCyovAmt
Qualifying Distributions	$978	QualifyingDistributionsAmt
Applied To Current Year	$49	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$929	RemainingDistriFromCorpusAmt
Total Corpus	$16,010	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$2,860	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$13,150	ExcessDistriCyovToNextYrAmt
Excess From Year4	$5,829	ExcessFromYear4Amt
Excess From Year3	$2,165	ExcessFromYear3Amt
Excess From Year2	$3,376	ExcessFromYear2Amt
Excess From Year1	$851	ExcessFromYear1Amt
Excess From Current Year	$929	ExcessFromCurrentYearAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$978	Amt
Net Investment Income	$978	NetInvestmentIncomeAmt
Adjusted Net Income	$978	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$978	DisbursementsCharitablePrpsAmt

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