BETA

SINGLETON FOUNDATION FOR FINANCIAL LITERACY AND ENTREPRENEURSHIP: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SINGLETON FOUNDATION FOR FINANCIAL LITERACY AND ENTREPRENEURSHIP (EIN 47-5679434)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-02
IRS object ID
201833069349100118
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-02T13:02:47-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261185944PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JEAN M GADEA CPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1505 N ALVERNON WAYAddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85711ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN475679434EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SINGLETON FOUNDATION FOR FINANCIALBusinessNameLine1Txt
Business Name Line2LITERACY AND ENTREPRENEURSHIPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSINGBusinessNameControlTxt
Phone6266398259PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1212 26TH STREET 208AddressLine1Txt
CitySANTA MONICACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM SINGLETONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6266398259PhoneNum
Signature2018-10-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEAN M GADEAPreparerPersonNm
PTINP00166422PTIN
Phone5203261540PhoneNum
Preparation2018-10-04PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address34.215.98.249IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-10-04IPDt
IP Tm15:09:23IPTm
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF61130B5F35C9D26257A625420DA459B316176E7AtSubmissionCreationDeviceId
At Submission Filing Device Id1D2B786774A68C812CF172E58E6167B3E113C903AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$27,980FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$250,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$250,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$130,417CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$130,417CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$15,206PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$15,206PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$19,669LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$19,669LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,850AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,850AccountingFeesChrtblPrpsAmt
Occupancy Rev And Expnss$4,770OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl$4,770OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$4,585TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$4,585TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$84,866OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$84,866OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$261,363TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$261,363TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$268,863TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$268,863TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,863ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$27,226CashBOYAmt
Cash EOY$27,305CashEOYAmt
Cash EOYFMV$27,305CashEOYFMVAmt
Prepaid Expenses EOY$675PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$675PrepaidExpensesEOYFMVAmt
Total Assets BOY$27,226TotalAssetsBOYAmt
Total Assets EOY$27,980TotalAssetsEOYAmt
Total Assets EOYFMV$27,980TotalAssetsEOYFMVAmt
Accounts Payable EOY$19,617AccountsPayableEOYAmt
Total Liabilities EOY$19,617TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$27,226UnrestrictedBOYAmt
Unrestricted EOY$8,363UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$27,226TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,363TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$27,226TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$27,980TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$27,226TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,863ExcessRevenueOverExpensesAmt
Subtotal$8,363SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,363TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$272,774AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$19,700NetVlNoncharitableAssetsYr1Amt
Distribution Yr113.846396DistributionYr1Rt
Total Distribution13.846396TotalDistributionRt
Average Distribution13.846396AverageDistributionRt
Net Vl Noncharitable Assets$29,550NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$409,161AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$409,161AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$268,863QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.SINGLETONFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksTHE FOUNDATIONIndividualWithBooksNm
Phone6266398259PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1212 26TH STREET 208AddressLine1Txt
CitySANTA MONICACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90402ZIPCd
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
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WILLIAM SINGLETON
212 26TH STREET 208SANTA MONICACA90402PRESIDENT10.00$0$0$0
CAROLYN SINGLETON
212 26TH STREET 208SANTA MONICACA90402VICE PRESIDE10.00$0$0$0
JEAN GADEA
212 26TH STREET 208SANTA MONICACA90402SECRETARY/TR2.00$0$0$0
WILL THORNDIKE
212 26TH STREET 208SANTA MONICACA90402DIRECTOR1.00$0$0$0
SHELLEY MILES
212 26TH STREET 208SANTA MONICACA90402CEO40.00$130,417$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1TO PROMOTE FINANCIAL LITERACY AND ENTREPRENEURSHIP FOR EVERYONE. THE SINGLETON FOUNDATION WORKS TO RAISE AWARENESS, EFFECT CHANGE AND IMPROVE LIVES THROUGH A VARIETY OF PROGRAMS, INCLUDING DIGITAL OUTREACH, EDUCATIONAL ADVOCACY, SOCIAL IMPACT PARTNERSHIPS, GAMING, AND OUR SINGLETON CEO PRIZE FOR EXCELLENCE IN BUSINESS LEADERSHIP.Description1Txt
Expenses1$268,863Expenses1Amt
Description2CALIFORNIA COUNCIL ON ECONOMIC EDUCATION SPONSORSHIPDescription2Txt
Expenses2$7,500Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$30,000TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$30,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$450CashDeemedCharitableAmt
Net Vl Noncharitable Assets$29,550NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,478MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$268,863ExpensesAndContributionsAmt
Qualifying Distributions$268,863QualifyingDistributionsAmt
Adjusted Qualifying Distri$268,863AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$268,863QualifyingDistributionsAmt
Remaining Distri From Corpus$268,863RemainingDistriFromCorpusAmt
Total Corpus$268,863TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2015-11-19PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$268,863CurrentYearAmt
Year1$272,774Year1Amt
Total$541,637TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$268,863CurrentYearAmt
Year1$272,774Year1Amt
Total$541,637TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$985CurrentYearAmt
Year1$657Year1Amt
Total$1,642TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CCEEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line123430 HAWTHORNE BLVDAddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90505ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposePUBLIC CHARITYGrantOrContributionPurposeTxt
Amt$7,500Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,500TotalGrantOrContriPdDurYrAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonWILLIAM SINGLETONContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1212 26TH STREET 208AddressLine1Txt
CitySANTA MONICACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90402ZIPCd
FieldValueIRS element (for citing)
Total Contributions$250,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$1,850Amt
Disbursements Charitable Prps$1,850DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$19,669LegalFeesAmt
Disbursements Charitable Prps$19,669DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
OPERATING EXPENSES$22,559$22,559
PROGRAM DEVELOPMENT$48,500$48,500
PROMOTION$13,807$13,807

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