MAKING WAVES FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: MAKING WAVES FOUNDATION INC (EIN 68-0204312)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2018-03-20
IRS object ID: 201840799349100609
Schema version: 2016v3.1
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
Schedule B
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Stock Schedule
Land Etc Schedule2
Legal Fees Schedule
Mortgages And Notes Payable Sch
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-03-20T14:05:55-07:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2210 E ROUTE 66	AddressLine1Txt
City	GLENDORA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	917404676	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	680204312	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MAKING WAVES FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MAKI	BusinessNameControlTxt
Phone	5102376027	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3220 BLUME DRIVE SUITE 250	AddressLine1Txt
City	RICHMOND	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94806	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STEVEN ROTH	PersonNm
Person Title	COO	PersonTitleTxt
Phone	5102621551	PhoneNum
Signature	2017-11-07	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DERRICK DEBRUYNE CPA	PreparerPersonNm
PTIN	P00591016	PTIN
Phone	6268577300	PhoneNum
Preparation	2018-03-08	PreparationDt

Filing Security Information FilingSecurityInformation

Field	Value	IRS element (for citing)
At Submission Creation Device Id	3877D7B1DE71DCD9662C451795298FFD489133B6	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3877D7B1DE71DCD9662C451795298FFD489133B6	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$152,492,348	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$69,344,497	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$241,739	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$241,739	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$241,739	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$544,960	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,593,317	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$544,960	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$2,393,247	OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm	$2,393,247	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$72,524,443	TotalRevAndExpnssAmt
Total Net Invst Incm	$786,699	TotalNetInvstIncmAmt
Total Adj Net Incm	$2,634,986	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$558,388	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$558,388	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$3,142,146	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$3,142,146	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$777,091	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl	$777,091	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,399	LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm	$1,399	LegalFeesAdjNetIncmAmt
Accounting Fees Rev And Expnss	$27,870	AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm	$7,075	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$20,795	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,644,861	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$30	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$123,600	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,521,231	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$586,081	InterestRevAndExpnssAmt
Taxes Rev And Expnss	$15,227	TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss	$1,956,507	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Adj Net Incm	$1,741,696	DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss	$1,641,326	OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl	$1,641,326	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$49,897	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$49,897	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$17,038	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$17,038	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$3,871,298	OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm	$733,442	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$3,137,856	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$14,289,129	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$30	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$2,607,212	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$10,865,768	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$320,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$320,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$14,609,129	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$30	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$2,607,212	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$11,185,768	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$57,915,314	ExcessRevenueOverExpensesAmt
Net Investment Income	$786,669	NetInvestmentIncomeAmt
Adjusted Net Income	$27,774	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3,953,937	CashBOYAmt
Cash EOY	$38,180,888	CashEOYAmt
Cash EOYFMV	$38,180,888	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$2,506,905	SavAndTempCashInvstBOYAmt
Acct Rcvbl	$561,692	AcctRcvblAmt
Acct Rcvbl BOY	$788	AcctRcvblBOYAmt
Acct Rcvbl EOY	$561,692	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$561,692	AcctRcvblEOYFMVAmt
Pledges Rcvbl	$1,488,743	PledgesRcvblAmt
Pledges Rcvbl BOY	$1,454,160	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$1,488,743	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$1,488,743	PledgesRcvblEOYFMVAmt
Prepaid Expenses BOY	$648,723	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$731,266	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$731,266	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$8,774,629	CorporateStockBOYAmt
Corporate Stock EOY	$14,344,894	CorporateStockEOYAmt
Corporate Stock EOYFMV	$14,344,894	CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,764,995	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$621,518	LandBldgEquipAccumDeprecAmt
Land BOY	$1,351,252	LandBOYAmt
Land EOY	$1,143,477	LandEOYAmt
Land EOYFMV	$1,143,477	LandEOYFMVAmt
Other Assets BOY	$42,889,189	OtherAssetsBOYAmt
Other Assets EOY	$96,041,388	OtherAssetsEOYAmt
Other Assets EOYFMV	$96,041,388	OtherAssetsEOYFMVAmt
Total Assets BOY	$61,579,583	TotalAssetsBOYAmt
Total Assets EOY	$152,492,348	TotalAssetsEOYAmt
Total Assets EOYFMV	$152,492,348	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$1,331,628	AccountsPayableBOYAmt
Accounts Payable EOY	$2,505,491	AccountsPayableEOYAmt
Deferred Revenue BOY	$12,380	DeferredRevenueBOYAmt
Mortgages And Notes Payable BOY	$12,585,408	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$43,739,725	MortgagesAndNotesPayableEOYAmt
Other Liabilities EOY	$109,075	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$13,929,416	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$46,354,291	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$31,120,075	UnrestrictedBOYAmt
Unrestricted EOY	$88,344,931	UnrestrictedEOYAmt
Temporarily Restricted BOY	$3,530,092	TemporarilyRestrictedBOYAmt
Temporarily Restricted EOY	$4,793,126	TemporarilyRestrictedEOYAmt
Permanently Restricted BOY	$13,000,000	PermanentlyRestrictedBOYAmt
Permanently Restricted EOY	$13,000,000	PermanentlyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$47,650,167	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$106,138,057	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$61,579,583	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$152,492,348	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$47,650,167	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$57,915,314	ExcessRevenueOverExpensesAmt
Other Increases	$572,576	OtherIncreasesAmt
Subtotal	$106,138,057	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$106,138,057	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VANGUARD STOCK SALES	P	2015-01-01	2016-12-31	$6,586,910	$6,041,935	$544,975	$544,975
CISCO SYSTEMS	D	2016-11-30	2016-11-30	$3,281	$3,277	$4	$4
ARCHER-DANIELS-MIDLAND CO	D	2016-12-09	2016-12-09	$3,126	$3,145	-$19	-$19

Field	Value	IRS element (for citing)
Capital Gain Net Income	$544,960	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$21,250,522	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$17,668,990	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	1.202702	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$4,496,145	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$19,218,409	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.233950	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$4,023,542	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$21,390,353	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.188101	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$7,207,378	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$21,397,136	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.336838	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$4,616,586	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$10,064,576	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.458697	DistributionYr5Rt
Total Distribution	2.420288	TotalDistributionRt
Average Distribution	0.484058	AverageDistributionRt
Net Vl Noncharitable Assets	$32,403,776	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$15,685,307	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$7,867	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$15,693,174	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$58,599,657	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$7,867	InvestmentIncomeExciseTaxAmt
Subtotal	$7,867	SubtotalAmt
Tax Based On Investment Income	$7,867	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$237	EsPenaltyAmt
Tax Due	$8,104	TaxDueAmt

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
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (true)	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	WWW.MAKING-WAVES.ORG	WebsiteAddressTxt
Individual With Books	ORGANIZATION	IndividualWithBooksNm
Phone	5102376027	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	3220 BLUME DRIVE STE 250	AddressLine1Txt
City	RICHMOND	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94806	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	Yes (true)	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
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 (15 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
JOHN H SCULLY
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	CHAIRMAN	2.00	$0	$0	$0
RONALD A COHAN
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	SEC./TREAS.	2.00	$0	$0	$0
SUZANNE DUCA
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
PHILLIP GORDON
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
ESTHER HUGO
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
ALICIA MALET KLEIN
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
IAN MCGUIRE
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
HAMID MOGHADAM
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
REBECA RANGEL
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
SHERRY A SMITH
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	MANAGING DIR	40.00	$302,088	$32,818	$0
ELI J WEINBERG
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
MIKE YUEN
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
STEVEN ROTH
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	COO	40.00	$256,300	$37,290	$0
JONATHAN STERN
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0
DEBRA GORE-MANN
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIRECTOR	2.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt
MELISSA FRIES
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	DIR. COLLEGE	40.00	$224,000	$18,609
IVETTE HOUSE
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	LEAD FINANCI	40.00	$189,521	$14,845
ANA ROSA CALDERON
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	FINANCIAL SE	40.00	$170,744	$19,184
HEATHER DAVIS
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	ASSOCIATE CF	40.00	$166,200	$9,280
RALPH NUBLA
3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	FINANCIAL SE	40.00	$164,309	$8,608

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	24	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
STUDIO BONDY ARCHITECTURE
110 LINDEN ST	OAKLAND	CA	94607	ARCHITECT	$1,161,997
AMBROSE GROUP
3967 MT DIABLO BLVD STE 250	LAFAYETTE	CA	94549	REPAIRS & MAINT	$823,202
FORTE SYSTEMS INC
3260 BLUME DRIVE STE 324	RICHMOND	CA	94806	IT CONSULTING	$689,865
CAMPUS LLC
5860 W LA POSITAS BLVD STE 21	PLEASANTON	CA	94588	ARCHITECT	$409,044
ALLEN MATKINS
THREE EMBARCADERO CENTER STE 1200	SAN FRANCISCO	CA	94111	LEGAL SERVICES	$368,748

Field	Value	IRS element (for citing)
Contractor Paid Over50k	4	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	ACADEMIC COACHING, GRANTS AND/OR SCHOLARSHIPS TRAINING IN PERSONAL DEVELOPMENT, PROVIDING NEW RECREATIONAL AND CULTURE DEVELOPMENT AND CAREER OPPORTUNITY EXPOSURE.	Description1Txt
Expenses1	$3,806,190	Expenses1Amt
Description2	DEVELOPMENT EXPENDITURES.	Description2Txt
Expenses2	$631,998	Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	THE FOUNDATION HAS ACQUIRED THREE PARCELS OF REAL ESTATE IN CALIFORNIA THAT WILL MORE THAN DOUBLE THE SIZE OF THE CAMPUS USED BY MAKING WAVES ACADEMY. THE FOUNDATION HAS AND IS ACTIVELY PURSUING DEFINITE PLANS TO CONVERT THE REAL ESTATE FROM ITS PRESENT COMMERCIAL RENTAL USE TO USE AS A SCHOOL CAMPUS. HOWEVER, THE ZONING AND REGULATORY APPROVAL PROCESS REQUIRED TO ADAPT THE REAL ESTATE TO SCHOOL USE IS EXTENSIVE. THE FOUNDATION EXPECTS THAT WITHIN THREE TO FIVE YEARS THE REGULATORY PROCESS AND CONSTRUCTION WILL HAVE BEEN COMPLETED AND THE REAL ESTATE WILL HAVE BEEN FULLY CONVERTED FROM COMMERCIAL USE TO EDUCATIONAL USE.	Description1Txt
Expenses1	$47,413,889	Expenses1Amt
Total	$47,413,889	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$10,003,986	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$20,167,014	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$2,726,235	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$32,897,235	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$32,897,235	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$493,459	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$32,403,776	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,620,189	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$11,185,768	ExpensesAndContributionsAmt
Program Related Invst Total	$47,413,889	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$58,599,657	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$7,867	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$58,591,790	AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	1999-07-21	PrivateOperatingFndtnRulingDt
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$27,774	CurrentYearAmt
Year1	$522,378	Year1Amt
Year2	$514,283	Year2Amt
Total	$1,064,435	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$23,608	CurrentYearAmt
Year1	$444,021	Year1Amt
Year2	$437,141	Year2Amt
Total	$904,770	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$58,599,657	CurrentYearAmt
Year1	$21,250,522	Year1Amt
Year2	$4,496,145	Year2Amt
Year3	$4,023,542	Year3Amt
Total	$88,369,866	TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Field	Value	IRS element (for citing)
Current Year	$47,413,889	CurrentYearAmt
Total	$47,413,889	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$11,185,768	CurrentYearAmt
Year1	$21,250,522	Year1Amt
Year2	$4,496,145	Year2Amt
Year3	$4,023,542	Year3Amt
Total	$40,955,977	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Year1	$60,476,901	Year1Amt
Year2	$45,579,716	Year2Amt
Year3	$50,700,612	Year3Amt
Total	$156,757,229	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Year1	$41,464,068	Year1Amt
Year2	$26,977,759	Year2Amt
Year3	$26,686,058	Year3Amt
Total	$95,127,885	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$1,080,126	CurrentYearAmt
Year1	$588,967	Year1Amt
Year2	$640,613	Year2Amt
Year3	$713,012	Year3Amt
Total	$3,022,718	TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MAKING WAVES ACADEMY	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	4123 LAKESIDE DRIVE	AddressLine1Txt
City	RICHOMOND	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94806	ZIPCd

Field	Value	IRS element (for citing)
Recipient Foundation Status	PC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	PROVIDE FUNDING FOR SCHOOL	GrantOrContributionPurposeTxt
Amt	$320,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$320,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
RENTAL INCOME	$762,000
RENTAL INCOME	$1,601,462

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$241,739	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$544,960	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Exclusion	41	ExclusionCd
Exclusion	$29,785	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$816,484	ExclusionAmt
Related Or Exempt Function Incm	$2,363,462	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,179,946	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxt

Relationship StatementRelationshipStatementTxt

THIS PROPERTY IS LEASED TO MAKING WAVES ACADEMY (AN EXEMPT ORGANIZATION) AND ALLOWS THE FOUNDATION TO EXPAND ITS EXEMPT FUNCTIONS IN EDUCATING UNDER SERVED STUDENTS.

THIS PROPERTY WAS PURCHASED FOR THE PURPOSE OF LEASING FACILITIES TO MAKING WAVES ACADEMY. MAKING WAVES ACADEMY IS AN EXEMPT ORGANIZATION, THIS ACTIVITY ALLOWS THE FOUNDATION TO EXPAND ITS EXEMPT FUNCTIONS IN EDUCATING UNDER SERVED STUDENTS. THE FOUNDATION HAS ACQUIRED 12 PARCELS OF REAL ESTATE LOCATED IN CALIFORNIA THAT WILL MORE THAN DOUBLE THE SIZE OF THE CAMPUS USED BY THE ACADEMY. THE FOUNDATION HAS AND IS ACTIVELY PURSUING DEFINITE PLANS TO CONVERT THE REAL ESTATE FROM ITS PRESENT COMMERCIAL RENTAL USE TO USE AS A SCHOOL CAMPUS. HOWEVER, THE ZONING AND REGULATORY APPROVAL PROCESS REQUIRED TO ADAPT THE REAL ESTATE TO SCHOOL USE IS EXTENSIVE. THE FOUNDATION EXPECTS THAT WITHIN TWO TO FOUR YEARS THE REGULATORY PROCESS AND CONSTRUCTION WILL HAVE BEEN COMPLETED AND THE REAL ESTATE WILL HAVE BEEN FULLY CONVERTED FROM COMMERCIAL USE TO EDUCATIONAL USE.

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (27 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Business Name Line2ContributorBusinessName/BusinessNameLine2Txt
DODGE & COX
1	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$20,000	Yes (X)
PHILLIP GORDON
7	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$10,000	Yes (X)
RON MARY COHAN
13	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$25,000	Yes (X)
T ROWE PRICE
19	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$14,306	Yes (X)
FIDELITY CHARITABLE
25	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,250	Yes (X)
2311 CORPORATION
2	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$41,000	Yes (X)
KIM MARIE SUMMERS-SILVA TRUST
8	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
DEBORAH JONATHAN PARKER
14	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
STANFORD UNIVERSITY
20	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$402,494	Yes (X)
BOB CAROL MOMSEN
26	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
ZALEC FAMILIAN & LILIAN
3	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$10,000	Yes (X)	LEVINSON FOUNDATION
DENNIS RITA WILLIAMS
9	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
HAZEL FOUNDATION
15	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
KRISTIN ANN HITE
21	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
JASMINE KIM
27	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
SCHWAB CHARITABLE FUND
4	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$60,000	Yes (X)
UNITED WAY
10	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$10,000	Yes (X)
SCULLY MEMORIAL FOUNDATION
16	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$65,240,079	Yes (X)
MICHAEL ANN PARKER
22	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
SCULLY 1994 FAMILY TRUST NO 2
5	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$3,096,647	Yes (X)
ROBERT DANA EMERY
11	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$10,000	Yes (X)
SUZANNE DUCA
17	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$100,000	Yes (X)
ELLEN BOB PECK
23	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)
KURT TAMRA MOBLEY TRUST
6	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$20,000	Yes (X)
ERNEST W MOODY
12	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$25,000	Yes (X)
PAYETTE RIVER FOUNDATION
18	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$100,000	Yes (X)
STEPHANIE GEORGE TENET
24	3220 BLUME DRIVE STE 250	RICHMOND	CA	94806	$5,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$27,870	Amt
Adjusted Net Income	$7,075	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$20,795	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (14 entries)

PropertyPropertyDesc	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
IMPROVEMENTS - BLUME DRIVE	$121,153	$14,423	STRAIGHT LINE	8.0000	$16,586
FURNITURE & EQUIPMENT - LAKESIDE	$349,528	$193,996	STRAIGHT LINE	5.0000	$55,019
SOLAR PANELS - 2900 TECHNOLOGY COURT	$709,204	$29,550	STRAIGHT LINE	20.0000	$33,962	$33,962
FURNITURE & EQUIPMENT	$566,703	$120,033	STRAIGHT LINE	5.0000	$139,529
SOFTWARE	$18,407	$14,725	STRAIGHT LINE	5.0000	$3,677
BUILDING - LAKESIDE	$14,039,106	$2,453,189	STRAIGHT LINE	39.0000	$344,980	$344,980
BUILDING - 2900 TECHNOLOGY COURT	$11,662,299	$1,176,553	STRAIGHT LINE	39.0000	$321,366	$321,366
BUILDING - 3043-3055 RESEARCH DR	$499,001	$83,167	STRAIGHT LINE	3.0000	$166,334	$166,334
BUILDING - 3055-3075 RESEARCH DRIVE	$412,842		STRAIGHT LINE	3.0000	$137,614	$137,614
IMPROVEMENTS - 3043 - 3055 RESEARCH	$1,417,496		STRAIGHT LINE	4.0000	$35,928	$35,928
IMPROVEMENTS - 3055 - 3075 RESEARCH	$25,674		STRAIGHT LINE	4.0000	$4,546	$4,546
BUILDING - 1700 WEST 4TH ST	$3,671,939		STRAIGHT LINE	4.0000	$611,991	$611,991
BUILDING - 4175 - 4197 LAKESIDE	$267,814		STRAIGHT LINE	1.5000	$44,636	$44,636
BUILDING - 4075 LAKESIDE	$484,069		STRAIGHT LINE	4.0000	$40,339	$40,339

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
MUTUAL FUNDS	$4,317,334	$4,317,334
EQUITIES	$10,027,560	$10,027,560

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MACHINERY & EQUIPMENT	$1,643,842	$590,509	$1,053,333	$1,053,333
BUILDINGS & IMPROVEMENTS	$121,153	$31,009	$90,144	$90,144

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$1,399	LegalFeesAmt
Adjusted Net Income	$1,399	AdjustedNetIncomeAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Note Payable NotePayableGrp (3 entries)

Insider RelationshipInsiderRelationshipTxt	Loan OriginalLoanOriginalAmt	NoteNoteDt	Loan MaturityLoanMaturityDt	Repayment TermsRepaymentTermsTxt	InterestInterestRt	Security Provided BorrowerSecurityProvidedBorrowerTxt	Loan PurposeLoanPurposeTxt	Balance DueBalanceDueAmt
FIRST REPUBLIC BANK
NONE	$8,000,000	2014-03	1934-02	MONTHLY	0.0380	SECURITIES AND DEPOSIT ACCOUNTS	BUSINESS
MECHANICS BANK
NONE	$6,000,000	2009-08	2019-08	MONTHLY	0.0150	4123/4133 LAKESIDE DRIVE	REFINANCE PROPERTY
WESTERN ALLIANCE BANK
NONE	$45,000,000	2017-03	1937-03	MONTHLY	0.0417	CAMPUS BEING BUILT	CONSTRUCTION OF NEW CAMPUS	$43,739,725

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DEPOSITS	$551,818
CONSTRUCTION IN PROGRESS	$2,291,702	$8,767,390	$8,767,390
PROGRAM RELATED INVESTMENTS	$40,045,669	$87,273,998	$87,273,998

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
OFFICE EXPENSES	$797,247	$105,878	$691,369
INSURANCE	$172,134	$103,014	$69,120
OTHER EXPENSES	$320,080	$6,447	$313,633
DIRECT PROGRAM SERVICE EXPENS	$2,013,174		$2,013,174
ADVERTISING AND PROMOTION	$16,400	$500	$15,900
INFORMATION TECHNOLOGY	$45,918	$11,258	$34,660
PROGRAM RELATED INVEST. PROPE	$506,345	$506,345

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
RENTAL INCOME	$762,000	$762,000
RENTAL INCOME	$1,601,462	$1,601,462
MISCELLANEOUS REVENUE	$29,785	$29,785

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAINS	Desc
Amt	$572,576	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	ACCRUED LIABILITIES	Desc
EOY Book Value	$109,075	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
PAYROLL PROCESSING FEES	$15,296	$15,296
PROFESSIONAL FUNDRAISING SERV	$248,814	$248,814
PROFESSIONAL SERVICES OTHER	$1,380,751	$1,257,121	$30	$123,600

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAX	CategoryTxt
Amt	$15,227	Amt