CARMELO ANTHONY FOUNDATON INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CARMELO ANTHONY FOUNDATON INC (EIN 20-3293195)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-15
IRS object ID
201833199349104408
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)
Return2018-11-15T15:39:42-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELFAND RENNERT & FELDMAN LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11880 CENTURY PARK EAST SUITE 1600AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203293195EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Carmelo Anthony Family Foundation INCBusinessNameLine1Txt
Business Name Line2(AFA CARMELO ANTHONY FOUNDATION INC)BusinessNameLine2Txt
FieldValueIRS element (for citing)
In Care Of% GELFAND RENNERT&FELDMAN LLInCareOfNm
Business Name ControlCARMBusinessNameControlTxt
Phone3105531707PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11880 CENTURY PARK EAST SUITE 1600AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARMELO ANTHONYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3105531707PhoneNum
Signature2018-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeff GillmanPreparerPersonNm
PTINP00444657PTIN
Phone3105531707PhoneNum
Preparation2018-11-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.125.238.211IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id95705720183195000014FederalOriginalSubmissionId
Federal Original Submission Id2018-11-15FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id85046A664239AB07E4DC423B33CCCAD4E5A9444CAtSubmissionCreationDeviceId
At Submission Filing Device IdD90F9964E28AFF6682B2DB97230974C4CB60F2CBAtSubmissionFilingDeviceId
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$7,142FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$0TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Expenses Rev And Expnss$99,034OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$67,669OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$99,034TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$67,669TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$99,034TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$67,669TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$99,034ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$105,556CashBOYAmt
Cash EOY$7,142CashEOYAmt
Cash EOYFMV$7,142CashEOYFMVAmt
Prepaid Expenses BOY$620PrepaidExpensesBOYAmt
Land Bldg Equip Cost Or Other Bss$2,311LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,311LandBldgEquipAccumDeprecAmt
Total Assets BOY$106,176TotalAssetsBOYAmt
Total Assets EOY$7,142TotalAssetsEOYAmt
Total Assets EOYFMV$7,142TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$580CapitalStockBOYAmt
Capital Stock EOY$580CapitalStockEOYAmt
Retained Earning BOY$105,596RetainedEarningBOYAmt
Retained Earning EOY$6,562RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$106,176TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,142TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$106,176TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,142TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$106,176TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$99,034ExcessRevenueOverExpensesAmt
Subtotal$7,142SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,142TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$38,505AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$144,463NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.266539DistributionYr1Rt
Adjusted Qlfy Distri Yr2$592,469AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$91,595NetVlNoncharitableAssetsYr2Amt
Distribution Yr26.468355DistributionYr2Rt
Adjusted Qlfy Distri Yr3$609,672AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$117,780NetVlNoncharitableAssetsYr3Amt
Distribution Yr35.176363DistributionYr3Rt
Adjusted Qlfy Distri Yr4$397,233AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$77,618NetVlNoncharitableAssetsYr4Amt
Distribution Yr45.117795DistributionYr4Rt
Adjusted Qlfy Distri Yr5$967,296AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$66,849NetVlNoncharitableAssetsYr5Amt
Distribution Yr514.469865DistributionYr5Rt
Total Distribution31.498917TotalDistributionRt
Average Distribution6.299783AverageDistributionRt
Net Vl Noncharitable Assets$67,848NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$427,428AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$427,428AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$67,669QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

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
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 AddressWWW.CARMELOCARES.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1GELFAND RENNERT&FELDMAN LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3105531707PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11880 CENTURY PARK EAST STE 1600AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd
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

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CARMELO ANTHONY
1880 CENTURY PARK EAST STE 1600LOS ANGELESCA90067DIRECTOR/ PRESIDENT3.0$0$0$0
ROBERT FRAZIER
1880 CENTURY PARK E 1600LOS ANGELESCA90067BOARD MEMBER1.0$0$0$0
ALANI VAZQUEZ
1880 CENTURY PARK EAST 1600LOS ANGELESCA90067BOARD MEMBER1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$68,881AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$68,881TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$68,881AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,033CashDeemedCharitableAmt
Net Vl Noncharitable Assets$67,848NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,392MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,392MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$3,392DistributableBeforeAdjAmt
Distributable Before Ded$3,392DistributableBeforeDedAmt
Distributable As Adjusted$3,392DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$67,669ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$67,669QualifyingDistributionsAmt
Adjusted Qualifying Distri$67,669AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,392DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22014PriorYear2Yr
Prior Year32013PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$963,954ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$393,352ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$603,783ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$587,889ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$31,282ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,580,260TotalExcessDistributionCyovAmt
Qualifying Distributions$67,669QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$3,392AppliedToCurrentYearAmt
Remaining Distri From Corpus$64,277RemainingDistriFromCorpusAmt
Total Corpus$2,644,537TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$963,954ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,680,583ExcessDistriCyovToNextYrAmt
Excess From Year4$393,352ExcessFromYear4Amt
Excess From Year3$603,783ExcessFromYear3Amt
Excess From Year2$587,889ExcessFromYear2Amt
Excess From Year1$31,282ExcessFromYear1Amt
Excess From Current Year$64,277ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp
Subtotals Incm Producing ActySubtotalsIncmProducingActyGrp

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

Depreciation Schedule DepreciationSchedule

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemORGANIZATION COSTSCategoryOrItemTxt
Cost Or Other Basis$2,311CostOrOtherBasisAmt
Accumulated Depreciation$2,311AccumulatedDepreciationAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BUSINESS MANAGEMENT$24,601
EVENTS FEES$2,873$2,873
INSURANCE$1,488
OFFICE SUPPLIES & EXPENSES$869
TELEPHONE$482
ACCOUNTING FEE$563
LEGAL FEE$8,158$4,796
TRANSPORTATION FEE-RELIEF AIDE$60,000$60,000

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc
FEDERAL TAX REFUND
HOOD MOVEMENT RENTAL INCOME

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO AFFILIATE - MELO ENTERPDesc

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