BETA

HELP SOM-CHILD FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
HELP SOM-CHILD FOUNDATION INC (EIN 13-3319142)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201941349349102864
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)
Return2019-05-14T11:52:18-07:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113549288PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bruce A Rosen CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17 Cobblestone CourtAddressLine1Txt
CityCenterportCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133319142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HELP SOM-CHILD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHELPBusinessNameControlTxt
Phone2125819340PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE - 29 FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMY MORGAN SOMMERPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,672,730FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$309InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$309InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$309InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$25,033DividendsRevAndExpnssAmt
Dividends Net Invst Incm$25,033DividendsNetInvstIncmAmt
Dividends Adj Net Incm$25,033DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$149,445NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$552,327GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$149,445CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$174,787TotalRevAndExpnssAmt
Total Net Invst Incm$174,787TotalNetInvstIncmAmt
Total Adj Net Incm$25,342TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$6,877OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,877OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$6,877OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$8,877TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,877TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$6,877TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$94,525ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$94,525ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$103,402TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,877TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$6,877TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$94,525TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$71,385ExcessRevenueOverExpensesAmt
Net Investment Income$167,910NetInvestmentIncomeAmt
Adjusted Net Income$18,465AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$63,224SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$70,590SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$70,590SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$696,285CorporateStockBOYAmt
Corporate Stock EOY$849,225CorporateStockEOYAmt
Corporate Stock EOYFMV$1,237,995CorporateStockEOYFMVAmt
Other Investments BOY$457,856OtherInvestmentsBOYAmt
Other Investments EOY$368,935OtherInvestmentsEOYAmt
Other Investments EOYFMV$364,145OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,217,365TotalAssetsBOYAmt
Total Assets EOY$1,288,750TotalAssetsEOYAmt
Total Assets EOYFMV$1,672,730TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,217,365RetainedEarningBOYAmt
Retained Earning EOY$1,288,750RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,217,365TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,288,750TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,217,365TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,288,750TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,217,365TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$71,385ExcessRevenueOverExpensesAmt
Subtotal$1,288,750SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,288,750TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
DEUTSCHE BANKP2018-01-012018-06-30$69,984$70,322-$338-$338
DEUTSCHE BANKP2005-01-012018-06-30$482,343$332,560$149,783$149,783
FieldValueIRS element (for citing)
Capital Gain Net Income$149,445CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$338NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$78,057AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,487,266NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05248DistributionYr1Rt
Adjusted Qlfy Distri Yr2$67,860AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,454,541NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04665DistributionYr2Rt
Adjusted Qlfy Distri Yr3$72,110AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,517,589NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04752DistributionYr3Rt
Adjusted Qlfy Distri Yr4$71,880AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,431,123NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05023DistributionYr4Rt
Adjusted Qlfy Distri Yr5$59,019AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,329,111NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04441DistributionYr5Rt
Total Distribution0.241285TotalDistributionRt
Average Distribution0.048257AverageDistributionRt
Net Vl Noncharitable Assets$1,602,285NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$77,321AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,679NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$79,000AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$94,525QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,679InvestmentIncomeExciseTaxAmt
Subtotal$1,679SubtotalAmt
Tax Based On Investment Income$1,679TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,018EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5,018TotalPaymentsAndCreditsAmt
Overpayment$3,339OverpaymentAmt
Applied To ES Tax$3,339AppliedToESTaxAmt

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 StateNYOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125819340PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE - 29 FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
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

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
AMY MORGAN SOMMER
1112 MONTANA AVENUE 610SANTA MONICACA90403President0.00$0
BEVERLY SOMMER
810 SEVENTH AVENUENEW YORKNY10019Vice President0.00$0
DOROTHY WAITS
810 SEVENTH AVENUENEW YORKNY10019Secretary0.00$0
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$1,559,765AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$66,920AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,626,685TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,626,685AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$24,400CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,602,285NetVlNoncharitableAssetsAmt
Minimum Investment Return$80,114MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$80,114MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,679TaxBasedOnInvestmentIncomeAmt
Total Tax$1,679TotalTaxAmt
Distributable Before Adj$78,435DistributableBeforeAdjAmt
Distributable Before Ded$78,435DistributableBeforeDedAmt
Distributable As Adjusted$78,435DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$94,525ExpensesAndContributionsAmt
Qualifying Distributions$94,525QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,679PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$92,846AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$78,435DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$2,286ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$5,460ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,746TotalExcessDistributionCyovAmt
Qualifying Distributions$94,525QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$78,435AppliedToCurrentYearAmt
Remaining Distri From Corpus$16,090RemainingDistriFromCorpusAmt
Total Corpus$23,836TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$23,836ExcessDistriCyovToNextYrAmt
Excess From Year4$2,286ExcessFromYear4Amt
Excess From Year1$5,460ExcessFromYear1Amt
Excess From Current Year$16,090ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAMY MORGAN SOMMERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SCHEDULEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Recipient Relationshipn/aRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeVARIOUSGrantOrContributionPurposeTxt
Amt$94,525Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$94,525TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$309RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25,033RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$149,445RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$174,787RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$174,787TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDEUTSCHE BANK - EQUITIESStockNm
EOY Book Value$849,225EOYBookValueAmt
EOYFMV$1,237,995EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
DEUTSCHE BANK - OTHERAT COST$16,853$18,263
DEUTSCHE BANK - INVESTMENT FUNDSAT COST$352,082$345,882

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT ADVISORY FEES$6,627$6,627$6,627
REGISTRATION FEES$250$250$250

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$2,000Amt

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