LADDERS FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: LADDERS FOUNDATION (EIN 81-0931609)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-10-26
IRS object ID: 201802999349100620
Schema version: 2017v2.3
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
Form 990-PF
Other Expenses Schedule
Other Notes Loans Rcvbl Short Sch2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-10-26T12:37:05-04:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	464245481	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GERSHON BIEGELEISEN & CO CPAS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 MADISON AVE	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	810931609	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LADDERS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LADD	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MOSHE BODNER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2018-10-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GERSHON BIEGELEISEN	PreparerPersonNm
PTIN	P00117676	PTIN
Phone	7328866311	PhoneNum
Preparation	2018-10-25	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	167.68.16.49	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-10-26	IPDt
IP Tm	11:37:05	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	E239B0134808776A5D3BBE8D3D070E54B44E5BD0	AtSubmissionCreationDeviceId
At Submission Filing Device Id	648C8AD4B4919CE9EA9754D96F8D5D1D695341EB	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2018-06-14 16:35:46Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$145,117	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$0	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$1,033	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,033	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$11,800	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$11,800	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$12,833	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$11,800	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$12,833	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$157,950	CashBOYAmt
Cash EOY	$70,117	CashEOYAmt
Cash EOYFMV	$70,117	CashEOYFMVAmt
Other Nts And Loans Rcvbl	$75,000	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY	$75,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$75,000	OtherNtsAndLoansRcvblEOYFMVAmt
Total Assets BOY	$157,950	TotalAssetsBOYAmt
Total Assets EOY	$145,117	TotalAssetsEOYAmt
Total Assets EOYFMV	$145,117	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$157,950	UnrestrictedBOYAmt
Unrestricted EOY	$145,117	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$157,950	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$145,117	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$157,950	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$145,117	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$157,950	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$12,833	ExcessRevenueOverExpensesAmt
Subtotal	$145,117	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$145,117	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$24,050	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$6,482	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	3.710275	DistributionYr1Rt
Net Vl Noncharitable Assets Yr2	$3,694	NetVlNoncharitableAssetsYr2Amt
Total Distribution	3.710275	TotalDistributionRt
Average Distribution	3.710275	AverageDistributionRt
Net Vl Noncharitable Assets	$126,402	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$468,986	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$468,986	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$11,800	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	FOUNDATION	IndividualWithBooksNm
Phone	2124705029	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MOSHE BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	3.00	$0	$0	$0
RUCHAMA BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$128,327	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$128,327	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$128,327	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,925	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$126,402	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,320	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,320	MinimumInvestmentReturnAmt
Distributable Before Adj	$6,320	DistributableBeforeAdjAmt
Distributable Before Ded	$6,320	DistributableBeforeDedAmt
Distributable As Adjusted	$6,320	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$11,800	ExpensesAndContributionsAmt
Qualifying Distributions	$11,800	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$11,800	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$6,320	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1	$23,541	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$23,541	TotalExcessDistributionCyovAmt
Qualifying Distributions	$11,800	QualifyingDistributionsAmt
Applied To Current Year	$6,320	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$5,480	RemainingDistriFromCorpusAmt
Total Corpus	$29,021	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$29,021	ExcessDistriCyovToNextYrAmt
Excess From Year1	$23,541	ExcessFromYear1Amt
Excess From Current Year	$5,480	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
DERECH HATORAH
2810 NOSTRAND AVE	BROOKLYN	NY	11229	NONE	CHARITABLE	$2,200
YESHIVA NEFESH HACHAYIM
76 DRAKE ROAD	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$1,000
AHAVAS TZEDAKAH
816 FOREST AVE	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$500
GEMACH OF JACKSON
2 HARVEST CT	JACKSON	NJ	08527	NONE	CHARITABLE	$2,000
GG THERAPY SERVICES
212 CASE ROAD	LAKEWOOD	NJ	08701	NONE	HEALTH	$450	THE JEWISH EFT INSTITUTE
KEREN AVREICHIM
21 SHENANDOAH DRIVE	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$500	C/O ORGANIZATION
KEREN EZRAS SHABBOS
3822A 15TH AVE	BROOKLYN	NY	11218	NONE	CHARITABLE	$500
KIBBUTZ HAMESIVTOS
21 SHENANDOAH DRIVE	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$1,100	C/O ORGANIZATION
MESIVTA TIFERES YISROEL
1271 E 35TH STREET	BROOKLYN	NY	11210	NONE	EDUCATIONAL	$2,600
SHAAGAS ARYEH
975 CROSS STREET	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$600
YESHIVA OF HILLSIDE
1845-52 STREET APT 5	BROOKLYN	NY	11204	NONE	EDUCATIONAL	$50
CHARITABLE ORGANIZATION
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$300	C/O ORGANIZATION

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$11,800	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
RETURN DEPOSIT	$1,000
BANK SERVICE CHARGES	$15
OFFICE SUPPLIES	$18

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)

Balance DueBalanceDueAmt
HARRY SUSSMAN LOAN
$50,000
JONATHAN KRANZ LOAN
$25,000

LADDERS FOUNDATION: Form 990PF, tax year 2017

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)

Comments