HINKLE FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
HINKLE FOUNDATION (EIN 23-7367419)
Tax period
2017-10-01 to 2018-09-30
Filed
2019-08-15
IRS object ID
201922279349302597
Schema version
2017v2.2
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)
Return2019-08-15T12:46:13-07:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rodnunsky & AssociatesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Canyon Blvd Suite 220AddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237367419EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Hinkle FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHINKBusinessNameControlTxt
Phone8187371090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Canyon BlvdAddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY METZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8187371090PhoneNum
Signature2019-02-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER RICHARDSPreparerPersonNm
PTINP01061708PTIN
Phone8187371090PhoneNum
Preparation2019-08-15PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address173.198.35.234IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-08-15IPDt
IP Tm12:46:05IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9C4F74DEE35C4C5A35B63C87B1365BBAF99ACA29AtSubmissionCreationDeviceId
At Submission Filing Device Id6F4A6170363D7FF756368CE727A0868A73175CBDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARY METZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1615 S Manhattan PlAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,999,845GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionUNTIL JUNE 2014, THE HINKLE FOUNDATION (FORMERLY "CHRIST UNITY MANOR") PROVIDED LOW INCOME ELDERLY HOUSINGIN A 156 UNIT HUD APARTMENT COMPLEX, WHICH WAS SOLD IN JUNE, 2014. THE ORGANIZATION IS NOW COMMITTED TO SUPPORTING LOW INCOME HOUSING FOR THE ELDERLY.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$170,700CYProgramServiceRevenueAmt
CY Investment Income$756,739CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$927,439CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$505,295CYOtherExpensesAmt
CY Total Expenses$505,295CYTotalExpensesAmt
CY Revenues Less Expenses$422,144CYRevenuesLessExpensesAmt
Total Assets BOY$22,535,666TotalAssetsBOYAmt
Total Assets EOY$25,740,376TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$22,535,666NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,740,376NetAssetsOrFundBalancesEOYAmt
MissionUntil June 2014, The Hinkle Foundation (formerly "Christ Unity Manor") provided low income elderlyMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Revenue$170,700RevenueAmt
DescAS STATED ABOVE, THE HINKLE FOUNDATION HAS INVESTED THE PROCEEDS OF THE SALE OF ITS HUD APARTMENT COMPLEX IN A DIVERSIFIED PORTFOLIO OF PUBLICLY TRADED SECURITIES. THE FOUNDATION HAS MADE A $3,600,000 LOAN (AT BELOW MARKET INTEREST) TO A PROVIDER OF LOW INCOME SENIOR/ELDERLY HOUSING. THE FOUNDATION CONTINUES TO ACTIVELY PURSUE INVESTMENTS AND PROJECTS WHICH WILL PROVIDE AND/OR SUPPORT LOW INCOME SENIOR HOUSING. FOR ITS YEAR ENDED 9/30/2018, THE FOUNDATION HAS RECEIVED $170,700 IN PAYMENTS ON ITS LOAN TO THE ABOVE-MENTIONED PROVIDER OF LOW INCOME SENIOR/ELDERLY HOUSING.Desc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Rodnunsky & AssociatesBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8187371090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Cyn BlAddressLine1Txt
CitySteCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARY METZ
Sect/Treas20.00Yes (X)Yes (X)$0$0$0
IRMA VARNADO
Director20.00Yes (X)Yes (X)$0$0$0
RUTH REED
Director20.00Yes (X)$0$0$0
CESAR SANDOVAL
Director20.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescProgram Revenue - InterestDesc
Business531110BusinessCd
Total Revenue Column$170,700TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$170,700TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$348,361TotalRevenueColumnAmt
Exclusion$348,361ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,480,784SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,072,406SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$408,378SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$408,378TotalRevenueColumnAmt
Exclusion$408,378ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$927,439TotalRevenueColumnAmt
Related Or Exempt Func Income$170,700RelatedOrExemptFuncIncomeAmt
Exclusion$756,739ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$12,350TotalAmt
Program Services$0ProgramServicesAmt
Management And General$12,350ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$154,686TotalAmt
Program Services$0ProgramServicesAmt
Management And General$154,686ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$77,332TotalAmt
Program Services$0ProgramServicesAmt
Management And General$77,332ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$235,895TotalAmt
Program Services$0ProgramServicesAmt
Management And General$235,895ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,032TotalAmt
Program Services$0ProgramServicesAmt
Management And General$25,032ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$505,295TotalAmt
Program Services$0ProgramServicesAmt
Management And General$505,295ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$145,793BOYAmt
EOY$2,511,716EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$603,000BOYAmt
EOY$812,450EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$18,282,300BOYAmt
EOY$18,995,673EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$3,504,573BOYAmt
EOY$3,420,537EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,535,666BOYAmt
EOY$25,740,376EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,035,666BOYAmt
EOY$5,240,376EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,500,000BOYAmt
EOY$20,500,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,535,666BOYAmt
EOY$25,740,376EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,535,666BOYAmt
EOY$25,740,376EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$422,144ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,782,566NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$935,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$44,789CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$88,043CurrentTaxYearMinus1YearAmt
Current Tax Year$85,952CurrentTaxYearAmt
Total$1,153,885TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$935,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$44,789CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$88,043CurrentTaxYearMinus1YearAmt
Current Tax Year$85,952CurrentTaxYearAmt
Total$1,153,885TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,153,885PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$391,774CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$398,726CurrentTaxYearMinus1YearAmt
Current Tax Year$344,804CurrentTaxYearAmt
Total$1,135,304TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$391,774CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$398,726CurrentTaxYearMinus1YearAmt
Current Tax Year$344,804CurrentTaxYearAmt
Total$1,135,304TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$2,289,189TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.50410PublicSupportCY509Pct
Public Support PY5090.99980PublicSupportPY509Pct
Investment Income CY0.49590InvestmentIncomeCYPct
Investment Income PY0.00020InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests PY509Yes (X)ThirtyThrPctSuprtTestsPY509Ind

Schedule D IRS990ScheduleD

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescLoan Income Senior Housing LoanDesc
Book Value$3,420,537BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$3,420,537TotalBookValueProgramRltdAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bThe Board Of Directors of the Hinkle Foundation is periodically informed of all of the significant financial information appearing on this Form 990. The Board is given the opportunity to ask questions and receive further information.
Pt VI, Line 12cAll significant transactions are reviewed by the Board of Directors of the Hinkle Foundation to determine if an actual or possible conflict of interest exists with respect to any Director or Officer of the Hinkle Foundation. Any Director or Officer with an actual or possible conflict of interest is prohibited from participating in the Board's deliberations on the transaction.
Pt VI, Line 19By filing with the Califonia Attorney General's Office, Registry of Charitable Trusts.

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