BETA

THE STEVE SMITH FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THE STEVE SMITH FAMILY FOUNDATION (EIN 30-0778749)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-08-13
IRS object ID
201902259349100800
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)
Return2019-08-13T09:46:26-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832891693PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MILLER MCNEISH & BREEDLOVE PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1309 S Laurel AveAddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28207ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300778749EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Steve Smith Family FoundationBusinessNameLine1Txt
Business Name Line2co Stevonne L Smith SrBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSTEVBusinessNameControlTxt
Phone7042663689PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 77401AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28271ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonStevonne L Smith SrPersonNm
Person TitleTrusteePersonTitleTxt
Signature2019-08-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErik L CobbPreparerPersonNm
PTINP00678564PTIN
Phone7043768415PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$434,500FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200,120ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$676InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$676InterestOnSavNetInvstIncmAmt
Other Income Rev And Expnss$76,513OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$277,309TotalRevAndExpnssAmt
Total Net Invst Incm$676TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$52,000CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$9,804LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$5,363AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$3,978TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$6,681DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$108TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$83,324OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$676OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$161,258TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$676TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$47,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$47,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$208,858TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$676TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$47,600TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$68,451ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$100,688SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$127,820SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$127,820SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$500RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$500RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$500RcvblFromOfficersEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$306,180LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,986LandBldgEquipAccumDeprecAmt
Land BOY$295,875LandBOYAmt
Land EOY$289,194LandEOYAmt
Land EOYFMV$306,180LandEOYFMVAmt
Total Assets BOY$397,063TotalAssetsBOYAmt
Total Assets EOY$417,514TotalAssetsEOYAmt
Total Assets EOYFMV$434,500TotalAssetsEOYFMVAmt
Mortgages And Notes Payable BOY$78,832MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$30,832MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY$78,832TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,832TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$318,231RetainedEarningBOYAmt
Retained Earning EOY$386,682RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$318,231TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$386,682TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$397,063TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$417,514TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$318,231TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$68,451ExcessRevenueOverExpensesAmt
Subtotal$386,682SubtotalAmt
Tot Net Ast Or Fund Balances EOY$386,682TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$109,743AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$86,323NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.27131DistributionYr1Rt
Adjusted Qlfy Distri Yr2$40,375AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$79,228NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.50961DistributionYr2Rt
Adjusted Qlfy Distri Yr3$122,558AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$39,936NetVlNoncharitableAssetsYr3Amt
Distribution Yr33.06886DistributionYr3Rt
Net Vl Noncharitable Assets Yr4$13,796NetVlNoncharitableAssetsYr4Amt
Net Vl Noncharitable Assets Yr5$12,632NetVlNoncharitableAssetsYr5Amt
Total Distribution4.849772TotalDistributionRt
Average Distribution0.969954AverageDistributionRt
Net Vl Noncharitable Assets$137,724NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$133,586AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$133,586AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$47,600QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMDOrgReportOrRegisterStateCd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Org Report Or Register StateSCOrgReportOrRegisterStateCd
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.stevesmithfamilyfdn.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Stevonne L Smith Sr TrusteeBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7042663689PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 77401AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28271ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Stevonne L Smith Sr
PO Box 77401CharlotteNC28271Trustee5.00$0
Angela P Smith
PO Box 77401CharlotteNC28271Trustee5.00$0
David G Littlejohn
13312 Eastfield Village LaneCharlotteNC28269Director10.00$52,000
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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$139,821AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$139,821TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$139,821AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,097CashDeemedCharitableAmt
Net Vl Noncharitable Assets$137,724NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,886MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,886MinimumInvestmentReturnAmt
Distributable Before Adj$6,886DistributableBeforeAdjAmt
Distributable Before Ded$6,886DistributableBeforeDedAmt
Distributable As Adjusted$6,886DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$47,600ExpensesAndContributionsAmt
Qualifying Distributions$47,600QualifyingDistributionsAmt
Adjusted Qualifying Distri$47,600AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,886DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$178,582ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$120,561ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$36,414ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$105,427ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$440,984TotalExcessDistributionCyovAmt
Qualifying Distributions$47,600QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,886AppliedToCurrentYearAmt
Remaining Distri From Corpus$40,714RemainingDistriFromCorpusAmt
Total Corpus$481,698TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$481,698ExcessDistriCyovToNextYrAmt
Excess From Year4$178,582ExcessFromYear4Amt
Excess From Year3$120,561ExcessFromYear3Amt
Excess From Year2$36,414ExcessFromYear2Amt
Excess From Year1$105,427ExcessFromYear1Amt
Excess From Current Year$40,714ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerStevonne L Smith SrContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonStevonne L Smith SrRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 77401AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28271ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7042663689RecipientPhoneNum
Form And Info And MaterialsRequests for funds should be submitted in writing and include a description of the following: (1) Organization/Individual requesting funds, (2) desired usage of the funds, and (3) whom the funds will benefit.FormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsThe amount of the grant will depend on the application and the need for funds.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Project 658
3646 Central AvenueCharlotteNC28205N/AExemptContribution$25,000
Shelter Care Ministries
218 7th StreetRockfordIL61104N/AExemptCharitable$1,500
NC Med Assist
4428 Taggart Creek Rd 101CharlotteNC28208N/AExemptCharitable$600
Adopt a Block
1607 Cromwell Bridge RdBaltimoreMD21324N/AExemptCharitable$1,000
Charlotte Family Housing
300 Hawthorne LnCharlotteNC28204N/AExemptCharitable$5,000
Charlotte Hornets Foundation
333 E Trade StreetCharlotteNC28202N/AExemptCharitable$6,000
City of Charlotte
600 East 4th StreetCharlotteNC28202N/AExemptCharitable$2,000
Domestic Violence Shelter
P O Box 1555WilmingtonNC28402N/AExemptCharitable$4,000
Dream on 3
4311 School House Common RdHarrisburgNC28075N/AExemptCharitable$1,000
Dahlia Grove Inc
155 Lansdowne RdCharlotteNC28270N/AExemptCharitable$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$47,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$676ExclusionAmt

Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp

FieldValueIRS element (for citing)
Business531120BusinessCd
Unrelated Business Taxbl Incm-$9,780UnrelatedBusinessTaxblIncmAmt

Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26,450RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm-$9,780UnrelatedBusinessTaxblIncmAmt
Exclusion$676ExclusionAmt
Related Or Exempt Function Incm$26,450RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,346TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number9LineNumberTxt
Relationship StatementStrike Out Domestic Violence: This is a bowling competition to raise awareness about domestic violence prevention and avenues for victims to seek help. Some sponsors pay a fee to enter a team in the event. Some sponsors just pay a sponsorship fee and do not bowl. There also is a silent auction associated with the event.Lace-Up-Son 5K: A 5K race of which a protion of the proceeds benefits the Siskey YMCA. Revenue is derived from 2 sources: sponsorships and runners. The runners pay an entry fee to participate in the race.Life Inside the Huddle: This is a dinner event in which an NFL player or former player is interviewed as part of the event. Revenue comes primarily from sponsorships and the sale of tables for the event. There is a sports themed silent auction as well. Our net proceeds from the event are in turn donated to Project 658, Inc. for the Smith Family Wellness Center.Tee Up For Health: This is a charity golf tournament hosted at Top Golf. Businesses, groups, and organizations pRelationshipStatementTxt

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 (11 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
The Durban Group LLC
1106 Foster AvenueCharlotteNC28203$5,500Yes (X)
Elevation Church
211416 E Independence BlvdMatthewsNC28105$40,000Yes (X)
Morgan Capital Management
313024 Ballantyne Corporate PlCharlotteNC28277$5,000Yes (X)
Verizon
41 Verizon WayBasking RidgeNJ07920$53,000Yes (X)
Michael Salamone
5100 Highland ForestCharlotteNC28270$5,000Yes (X)
Academy Sports
61800 N Mason RdKatyTX77449$7,500Yes (X)
American Airlines
75501 Josh Birmingham PkwyCharlotteNC28219$27,500Yes (X)
Charlotte Hornets Basketball LLC
8333 E Trade StCharlotteNC28202$50,104Yes (X)
Diamonds Direct
94521 Sharon Rd Ste 101CharlotteNC28211$5,000Yes (X)
Enterprise Holdings
108335 IBM Drive Suite 100CharlotteNC28262$5,000Yes (X)
NSA Sports Marketing LLC
11400 E Pratt St Suite 700BaltimoreMD21202$5,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$5,363Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyBuildingPropertyDesc
Acquired2016-06-29AcquiredDt
Cost Or Other Basis$260,553CostOrOtherBasisAmt
Prior Year Depreciation$10,305PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Rt0.0256Rt
Current Year Expense$6,681CurrentYearExpenseAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$260,553$16,986$243,567$260,553
Land$45,627$45,627$45,627

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal FeesCategoryTxt
Legal Fees$9,804LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

FieldValueIRS element (for citing)
Mortgage$30,832MortgageAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Bank Charges$2,187$676
Marketing$21,837
Meals$1,577
Office Expense$2,318
Payroll Processing Fees$669
Rental Expenses$3,099
Special Event Expenses$50,063
Storage Space$750
Utilities$824

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescIncome From Special EventsDesc
Revenue And Expenses Per Books$76,513RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPayroll TaxesCategoryTxt
Amt$3,978Amt

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