BETA

HELP SOM-CHILD FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
HELP SOM-CHILD FOUNDATION INC (EIN 13-3319142)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-10
IRS object ID
201841309349100409
Schema version
2016v3.0
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)
Return2018-05-10T06:16:08-07:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2016-07-01TaxPeriodBeginDt

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
Signature2018-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,580,640FMVAssetsEOYAmt
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$162InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$162InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$162InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$25,897DividendsRevAndExpnssAmt
Dividends Net Invst Incm$25,897DividendsNetInvstIncmAmt
Dividends Adj Net Incm$25,897DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$68,593NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$299,528GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$68,593CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$7,952NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$94,652TotalRevAndExpnssAmt
Total Net Invst Incm$94,652TotalNetInvstIncmAmt
Total Adj Net Incm$34,011TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$6,310OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,310OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$6,310OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$8,310TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,310TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$6,310TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$78,940ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$78,940ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$87,250TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,310TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$6,310TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$78,940TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,402ExcessRevenueOverExpensesAmt
Net Investment Income$88,342NetInvestmentIncomeAmt
Adjusted Net Income$27,701AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$83,796SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$63,224SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$63,251SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$672,010CorporateStockBOYAmt
Corporate Stock EOY$696,285CorporateStockEOYAmt
Corporate Stock EOYFMV$1,128,958CorporateStockEOYFMVAmt
Other Investments BOY$454,157OtherInvestmentsBOYAmt
Other Investments EOY$457,856OtherInvestmentsEOYAmt
Other Investments EOYFMV$388,431OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,209,963TotalAssetsBOYAmt
Total Assets EOY$1,217,365TotalAssetsEOYAmt
Total Assets EOYFMV$1,580,640TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,209,963RetainedEarningBOYAmt
Retained Earning EOY$1,217,365RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,209,963TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,217,365TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,209,963TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,217,365TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,209,963TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,402ExcessRevenueOverExpensesAmt
Subtotal$1,217,365SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,217,365TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
DEUTSCHE BANKP2017-01-012017-01-01$62,852$54,900$7,952$7,952
DEUTSCHE BANKP2005-01-012017-01-01$234,753$176,035$58,718$58,718
Capital Gain Dividends$1,923
FieldValueIRS element (for citing)
Capital Gain Net Income$68,593CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$7,952NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$67,860AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,454,541NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04665DistributionYr1Rt
Adjusted Qlfy Distri Yr2$72,110AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,517,589NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04752DistributionYr2Rt
Adjusted Qlfy Distri Yr3$71,880AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,431,123NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05023DistributionYr3Rt
Adjusted Qlfy Distri Yr4$59,019AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,329,111NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04441DistributionYr4Rt
Adjusted Qlfy Distri Yr5$57,270AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,302,632NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04397DistributionYr5Rt
Total Distribution0.232766TotalDistributionRt
Average Distribution0.046553AverageDistributionRt
Net Vl Noncharitable Assets$1,487,266NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$69,237AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$883NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$70,120AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$78,940QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$883InvestmentIncomeExciseTaxAmt
Subtotal$883SubtotalAmt
Tax Based On Investment Income$883TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,901EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$2,000AppliedToEsTaxAmt
Total Payments And Credits$5,901TotalPaymentsAndCreditsAmt
Overpayment$5,018OverpaymentAmt
Applied To ES Tax$5,018AppliedToESTaxAmt

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$1,436,391AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$73,524AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,509,915TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,509,915AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$22,649CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,487,266NetVlNoncharitableAssetsAmt
Minimum Investment Return$74,363MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$74,363MinimumInvestmentReturnAmt
Tax Based On Investment Income$883TaxBasedOnInvestmentIncomeAmt
Total Tax$883TotalTaxAmt
Distributable Before Adj$73,480DistributableBeforeAdjAmt
Distributable Before Ded$73,480DistributableBeforeDedAmt
Distributable As Adjusted$73,480DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$78,940ExpensesAndContributionsAmt
Qualifying Distributions$78,940QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$883PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$78,057AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$73,480DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$2,286ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$2,286TotalExcessDistributionCyovAmt
Qualifying Distributions$78,940QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$73,480AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,460RemainingDistriFromCorpusAmt
Total Corpus$7,746TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$7,746ExcessDistriCyovToNextYrAmt
Excess From Year3$2,286ExcessFromYear3Amt
Excess From Current Year$5,460ExcessFromCurrentYearAmt

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$78,940Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$78,940TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$162RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25,897RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$68,593RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$94,652RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$94,652TotalIncomeProducingActyAmt

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$696,285EOYBookValueAmt
EOYFMV$1,128,958EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemDEUTSCHE BANK - INVESTMENT FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$457,856BookValueAmt
EOYFMV$388,431EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT ADVISORY FEES$6,060$6,060$6,060
REGISTRATION FEES$250$250$250

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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

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