THE INSTITUTE FOR FINANCIAL MARKETS: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE INSTITUTE FOR FINANCIAL MARKETS (EIN 52-1634508)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349108300
Schema version
2024v5.1
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)
Return2025-11-17T18:00:57+00:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135381590PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18401 GREENSBORO DR STE 800AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP221023599ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521634508EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INSTITUTE FOR FINANCIAL MARKETSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINSTBusinessNameControlTxt
Phone2022231528PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 K STREET NW SUITE 725AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICIA FOSHEEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2025-11-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTODD TERESCOPreparerPersonNm
PTINP00247720PTIN
Phone7038930600PhoneNum
Preparation2025-11-18PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,434,520FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$0InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$0InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$0InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$165,593DividendsRevAndExpnssAmt
Dividends Net Invst Incm$165,593DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$871,055NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,813,484GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$871,055CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc$0GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$377,085OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$0OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$1,413,733TotalRevAndExpnssAmt
Total Net Invst Incm$1,036,648TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$421,295CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$421,295CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$115,982OthEmplSlrsWgsRevAndExpnssAmt
Pension Empl Bnft Rev And Expnss$104,540PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$31,050PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$63,907LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$63,907LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$12,409AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$12,409AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$314,886OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$26,560OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$23,147TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$11,790DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$41,676OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$20,838OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$20,838OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$24,098TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$24,098TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$137,333OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$20,600OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$107,241OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,271,063TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$67,998TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$680,838TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$254ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$254ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,271,317TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$67,998TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$681,092TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$142,416ExcessRevenueOverExpensesAmt
Net Investment Income$968,650NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$93,153CashBOYAmt
Cash EOY$33,906CashEOYAmt
Cash EOYFMV$33,906CashEOYFMVAmt
Acct Rcvbl$47,234AcctRcvblAmt
Acct Rcvbl Allwnc Dbtfl Acct$1,315AcctRcvblAllwncDbtflAcctAmt
Acct Rcvbl BOY$59,086AcctRcvblBOYAmt
Acct Rcvbl EOY$45,919AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$45,919AcctRcvblEOYFMVAmt
Pledges Rcvbl EOY$0PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$0PledgesRcvblEOYFMVAmt
Rcvbl From Officers BOY$0RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$0RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl$0OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$0OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$0OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY$37,544PrepaidExpensesBOYAmt
Prepaid Expenses EOY$59,032PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$59,032PrepaidExpensesEOYFMVAmt
US Government Obligations BOY$0USGovernmentObligationsBOYAmt
US Government Obligations EOY$981,073USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$981,073USGovtObligationsEOYFMVAmt
Corporate Stock BOY$4,732,827CorporateStockBOYAmt
Corporate Stock EOY$1,355,539CorporateStockEOYAmt
Corporate Stock EOYFMV$1,355,539CorporateStockEOYFMVAmt
Corporate Bonds BOY$0CorporateBondsBOYAmt
Corporate Bonds EOY$1,948,669CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,948,669CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis$0InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$0InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$0LandBldgInvestmentsBOYAmt
Land Bldg Investments EOYFMV$0LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$0OtherInvestmentsBOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Other Investments EOYFMV$0OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$137,393LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$127,011LandBldgEquipAccumDeprecAmt
Land BOY$22,171LandBOYAmt
Land EOY$10,382LandEOYAmt
Land EOYFMV$10,382LandEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$4,944,781TotalAssetsBOYAmt
Total Assets EOY$4,434,520TotalAssetsEOYAmt
Total Assets EOYFMV$4,434,520TotalAssetsEOYFMVAmt
Accounts Payable BOY$181,847AccountsPayableBOYAmt
Accounts Payable EOY$97,151AccountsPayableEOYAmt
Deferred Revenue BOY$31,014DeferredRevenueBOYAmt
Deferred Revenue EOY$51,239DeferredRevenueEOYAmt
Loans From Officers BOY$0LoansFromOfficersBOYAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY$0MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$36,593OtherLiabilitiesBOYAmt
Other Liabilities EOY$44,149OtherLiabilitiesEOYAmt
Total Liabilities BOY$249,454TotalLiabilitiesBOYAmt
Total Liabilities EOY$192,539TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$4,695,327NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$4,241,981NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$4,695,327TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,241,981TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,944,781TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,434,520TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,695,327TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$142,416ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$4,837,743SubtotalAmt
Other Decreases$595,762OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,241,981TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLIC TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$3,813,484GrossSalesPriceAmt
Cost Or Other Basis$2,942,429CostOrOtherBasisAmt
Gain Or Loss$871,055GainOrLossAmt
Excess FMV Over Adjusted Bss$0ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses$871,055GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$871,055CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$13,464InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$13,464SubtotalAmt
Tax Based On Investment Income$13,464TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$696EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$696TotalPaymentsAndCreditsAmt
Tax Due$12,768TaxDueAmt
Refund$0RefundAmt

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
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.THEIFM.ORGWebsiteAddressTxt
Individual With BooksR GUY SHEETZIndividualWithBooksNm
Phone2022231528PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12001 K ST NW SUITE 725AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
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
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 (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WALTER LUKKEN
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
PETER BORISH
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
JOHN M DAMGARD
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
ARHTUR W HAHN
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
ERIC ALDOUS
2001 K STREET NW SUITE 725WASHINGTONDC20006SECRETARY/TREASURER0.50$0$0$0
ALICIA CRIGHTON
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
KAREN K WUERTZ
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0
PATRICIA FOSHEE
2001 K STREET NW SUITE 725WASHINGTONDC20006PRESIDENT37.50$406,475$45,870$0
MICHAEL C DAWLEY
2001 K STREET NW SUITE 725WASHINGTONDC20006CHAIRMAN0.50$0$0$0
GARY A DEWAAL
2001 K STREET NW SUITE 725WASHINGTONDC20006VICE CHAIRMAN0.50$0$0$0
DANIEL DRISCOLL
2001 K STREET NW SUITE 725WASHINGTONDC20006MEMBER OF BOARD OF TRUSTEES0.50$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonMYRTLE ALLENPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 K STREET NW SUITE 725AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
TitleADMIN. MANAGERTitleTxt
Average Hrs Per Wk Devoted To Pos37.50AverageHrsPerWkDevotedToPosRt
Compensation$160,502CompensationAmt
Employee Benefits$28,772EmployeeBenefitsAmt
Expense Account$0ExpenseAccountAmt
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARY ANN BURNSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line144768 MAIDEN PLACEAddressLine1Txt
CityASHBURNCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20147ZIPCd
FieldValueIRS element (for citing)
Service TypeCONSULTANTServiceTypeTxt
Compensation$120,000CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,616,816AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$180,481AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,797,297TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,797,297AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$56,959CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,740,338NetVlNoncharitableAssetsAmt
Minimum Investment Return$187,017MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$187,017MinimumInvestmentReturnAmt
Tax Based On Investment Income$13,464TaxBasedOnInvestmentIncomeAmt
Total Tax$13,464TotalTaxAmt
Distributable Before Adj$173,553DistributableBeforeAdjAmt
Distributable Before Ded$173,553DistributableBeforeDedAmt
Distributable As Adjusted$173,553DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$681,092ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$681,092QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$173,553DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year32020PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$0ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$146,944ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$201,304ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$348,248TotalExcessDistributionCyovAmt
Qualifying Distributions$681,092QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$173,553AppliedToCurrentYearAmt
Remaining Distri From Corpus$507,539RemainingDistriFromCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$855,787TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$855,787ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$146,944ExcessFromYear2Amt
Excess From Year1$201,304ExcessFromYear1Amt
Excess From Current Year$507,539ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ARLINGTON HEIGHTS HISTORICAL SOCIETY
1110 W FREMONT STREETARLINGTONIL60004NONEPCGENERAL PURPOSE$150
PREVENTION FOR BLINDNESS SOCIETY
415 2ND STREET NE SUITE 200WASHINGTONDC20002NONEPCGENERAL PURPOSE$104
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$254TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
DescPRODUCTS & CLASSESDesc
Business900099BusinessCd
Related Or Exempt Function Incm$289,689RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$165,593ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$871,055ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescBusinessBusinessCdRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
OTHER INCOME900099$87,180
MISCELLANEOUS INCOME900099$216

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,036,648ExclusionAmt
Related Or Exempt Function Incm$377,085RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,413,733TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
FormPRODUCTS & CLASSES
FormOTHER INCOME
FormMISCELLANEOUS INCOME

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 AssetsYes (true)RentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsYes (true)ReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcYes (true)SharingOfFacilitiesEtcInd

Transfer Schedule Detail TransferScheduleDetail (3 entries)

Line NumberLineNumberTxtInvolvedInvolvedAmtTransfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc
FUTURES INDUSTRY ASSOCIATION INC
1b(3)$41,676OFFICE RENT PROVIDED AS GRANT FROM FIA
FUTURES INDUSTRY ASSOCIATION INC
1c$45,504OVERHEAD SALARIES ALLOCATION FROM FIA PROVIDED THROUGH GRANT
FUTURES INDUSTRY ASSOCIATION INC
1b(4)$118,260REIMBURSED TO FIA FOR STAFFING COSTS FOR MANAGEMENT OF PROGRAMS
FieldValueIRS element (for citing)
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$12,409Amt
Disbursements Charitable Prps$12,409DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
Current Year Expense$11,790CurrentYearExpenseAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBONDS - WELLS FARGOBondNm
EOY Book Value$1,948,669EOYBookValueAmt
EOYFMV$1,948,669EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENTSStockNm
EOY Book Value$1,355,539EOYBookValueAmt
EOYFMV$1,355,539EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$981,073USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$981,073USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (4 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
INTELLECTUAL PROPERTY$30,000$21,666$8,334$8,334
FURNITURE & FIXTURES$2,287$572$1,715$1,715
COMPUTER EQUIPMENT$3,996$3,663$333$333
COMPUTER SOFTWARE$101,110$101,110$0$0

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$63,907LegalFeesAmt
Disbursements Charitable Prps$63,907DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSSDesc
Amt$595,762Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
INFORMATION TECHNOLOGY$67,477$67,477
CONFERENCES$34,630$34,630
TRUSTEE & CUSTODIAL FEES$8,454$8,454
OFFICE EXPENSE$7,944
BANK SERVICE CHARGES$6,330$6,330
CREDIT CARD SERVICE CHARGES$5,816$5,816
ADVERTISING$5,134$5,134
OTHER$1,548

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
PRODUCTS AND CLASSES$289,689
OTHER INCOME$87,180
MISCELLANEOUS INCOME$216

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescIFM DUE TO FIADesc
BOY Book Value$36,593BOYBookValueAmt
EOY Book Value$44,149EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
MANAGEMENT FEES$288,326
INVESTMENT FEES$26,560$26,560

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPAYROLL TAXESCategoryTxt
Amt$23,147Amt

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