CUSP FOUNDATION INC: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CUSP FOUNDATION INC (EIN 81-5101281)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-08
IRS object ID
201913129349201616
Schema version
2018v3.1
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)
Return2019-11-08T13:48:49-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1222 SECOND AVE SOUTH STE 1240AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37201ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN815101281EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CUSP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCUSPBusinessNameControlTxt
Phone6154304726PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 DEKEMONT LANEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHUGH QUEENERPersonNm
Person TitleCHAIRMAN AND EDPersonTitleTxt
Phone6154304726PhoneNum
Signature2019-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA G MOONPreparerPersonNm
PTINP00034774PTIN
Phone6153836592PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.80.143.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-08IPDt
IP Tm10:16:51IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id1614B048C5D714BD8125ADCF375DA181E0CF03B7AtSubmissionCreationDeviceId
At Submission Filing Device Id2FF319B3CE2B43652A7ED6DCC0B88F842DF00A82AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressHTTPS://CUSPFOUNDATION.BLOG/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$170,721GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$170,721ContributionsGiftsGrantsEtcAmt
Cost Or Other Basis Expense Sale$204CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets-$204GainOrLossFromSaleOfAssetsAmt
Special Events Direct Expenses$4,163SpecialEventsDirectExpensesAmt
Special Events Net Income Loss-$4,163SpecialEventsNetIncomeLossAmt
Total Revenue$166,354TotalRevenueAmt
Grants And Similar Amounts Paid$323,500GrantsAndSimilarAmountsPaidAmt
Printing Publications Postage$846PrintingPublicationsPostageAmt
Other Expenses Total$456OtherExpensesTotalAmt
Total Expenses$324,802TotalExpensesAmt
Excess Or Deficit For Year-$158,448ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$442,604NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$284,156NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$213,790BOYAmt
EOY$212,293EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$234,900BOYAmt
EOY$71,863EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$448,690BOYAmt
EOY$284,156EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,086BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$442,604BOYAmt
EOY$284,156EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeWE PARTNER WITH A PRIMARY SCHOOL AND COMMUNITY CENTER IN HOWICK, SOUTH AFRICA THAT SERVE CHILDREN FROM EXTREME POVERTY. BOTH ORGAINZATIONS ARE NOT FOR PROFIT AND HAVE AUDITED FINANCIALS. WE PROVIDE FUNDING FOR CAPITAL, CURRENTLY ASSISTING WITH A SCHOOL ADDITION AND OPERATING FUNDING GAPS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
THEMBELIHLE AND ANGELS CARE - CONTRIBUTION TO ASSIST WITH GENERAL OPERATIONS.$23,500$23,500
THEMBELIHLE PRIMARY SCHOOL - CAPITAL CAMPAIGN CONTRIBUTION FOR SCHOOL ADDITION.$300,000$300,000
FieldValueIRS element (for citing)
Total Program Service Expenses$323,500TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WAYNE LENNINGTON
DIRECTOR0.25$0$0$0
DENISE LENNINGTON
DIRECTOR0.25$0$0$0
MICHAEL WALKER
DIRECTOR0.25$0$0$0
BRENDA GRIFFIN
DIRECTOR0.25$0$0$0
TERRI NEWPORT
DIRECTOR0.25$0$0$0
LESLIE CARPENTER
DIRECTOR0.25$0$0$0
HUGH QUEENER
EXECUTIVE DIRECTOR1.00$0$0$0
LAURA QUEENER
SECRETARY1.00$0$0$0
SARAE LEWIS
TREASURER0.50$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUGH QUEENERBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 DEKEMONT LANEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37027ZIPCd
FieldValueIRS element (for citing)
Phone6154304726PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$448,690CurrentTaxYearMinus1YearAmt
Current Tax Year$170,721CurrentTaxYearAmt
Total$619,411TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$448,690CurrentTaxYearMinus1YearAmt
Current Tax Year$170,721CurrentTaxYearAmt
Total$619,411TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$619,411PublicSupportTotal170Amt
Total Support$619,411TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SPONSORS SCHOOL FEES. GRANTEE NAME: THEMBELIHLE PRIMARY SCHOOL. GRANTEE ADDRESS: 90 MAIN ST HOWICK, SOUTH AFRICA 3290. AMOUNT GIVEN: 300,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SPONSORS SCHOOL FEES. GRANTEE NAME: ANGLES CARE CENTRE. GRANTEE ADDRESS: 38 MORLING ST HOWICK, SOUTH AFRICA 3290. AMOUNT GIVEN: 23,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 323,500.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK FEES. AMOUNT: 15. DESCRIPTION: FILING FEES. AMOUNT: 441. TOTAL TO FORM 990-EZ, LINE 16: 456.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: PLEDGES AND GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 150,294. END OF YEAR AMOUNT: 71,863. DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 84,606. END OF YEAR AMOUNT: 0.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 6,086. END OF YEAR AMOUNT: 0.

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