MICHELSON 20MM FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MICHELSON 20MM FOUNDATION INC (EIN 27-2898736)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201743189349102394
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Employee Compensation Expln
- Expenditure Responsibility Stmt
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T15:57:09-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTHOUSE CARLIN & VAN TRIGT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3011 TOWNSGATE ROAD SUITE 400 | AddressLine1Txt |
| City | WESTLAKE VILLAGE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91361 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272898736 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MICHELSON 20MM FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KARLIN ASSET MANAGEMENT | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 3108069700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BOULEVARD STE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHIL KIM | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3108069700 | PhoneNum |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stephanie Wilkinson | PreparerPersonNm |
| PTIN | P01231617 | PTIN |
| Phone | 8053748555 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 174.46.231.234 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 95206420173185000002 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 57FE427CF71500767F2646D8C46EE74D4CD1F48F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D0B7512D8211446A79798A7359B3DA21E2768048 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $293,635 | 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 | $750,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $15 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $15 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $15 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,752 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $748,263 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $15 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $266,673 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $266,673 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $6,110 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $6,110 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,332 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $13,332 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,634 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,634 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $29,463 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,463 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $85 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $85 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $15,430 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $42,697 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $42,697 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $43,659 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $43,659 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $295,076 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $221,932 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $718,159 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $629,585 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $718,159 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $629,585 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $30,104 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $15 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $164,706 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $45,613 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $45,613 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $100,917 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $89,020 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $26,153 | LandBOYAmt |
| Land EOY | $11,897 | LandEOYAmt |
| Land EOYFMV | $11,897 | LandEOYFMVAmt |
| Other Assets BOY | $2,625 | OtherAssetsBOYAmt |
| Other Assets EOY | $236,125 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $236,125 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $193,484 | TotalAssetsBOYAmt |
| Total Assets EOY | $293,635 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $293,635 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,532 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $73,579 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $250 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $250 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,782 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $73,829 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $189,702 | UnrestrictedBOYAmt |
| Unrestricted EOY | $219,806 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $189,702 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $219,806 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $193,484 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $293,635 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $189,702 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $30,104 | ExcessRevenueOverExpensesAmt |
| Subtotal | $219,806 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $219,806 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $790,267 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $115,135 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 6.863829 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,185,634 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $228,505 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 5.188657 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,111,720 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $262,125 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 4.241183 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,023,324 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $382,450 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 2.675707 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,236,383 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $468,295 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 4.775586 | DistributionYr5Rt |
| Total Distribution | 23.744962 | TotalDistributionRt |
| Average Distribution | 4.748992 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $132,031 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $627,014 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $627,014 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $829,585 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $367 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $367 | TotalPaymentsAndCreditsAmt |
| Overpayment | $367 | OverpaymentAmt |
| Applied To ES Tax | $367 | AppliedToESTaxAmt |
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.20MM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARLIN ASSET MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3108069700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BOULEVARD SUITE 140 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| Gary K Michelson M D | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| PHIL KIM | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | PRESIDENT | 40.0 | $0 | $0 | $0 |
| DAVID COHEN | ||||||||
| 11755 WILSHIRE BOULEVARD STE 1400 | LOS ANGELES | CA | 90025 | CFO AND SECRETARY | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MAYRA LOMBERA | ||||||||
| 595 E COLORADO BLVD STE 602 | PASADENA | CA | 91101 | DEVELOPMENT DIRECTOR | 40.0 | $85,000 | $16,402 | $0 |
| FIDEL MAHANGEL | ||||||||
| 595 E COLORADO BLVD STE 602 | PASADENA | CA | 91101 | ASSOCIATE | 40.0 | $55,250 | $13,730 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORDS & NUMBERS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2050 ROCKROSE AVENUE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULT./PUBLISHING | ServiceTypeTxt |
| Compensation | $85,675 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUND AND SUPPORT THE CREATION, MARKETING AND ADOPTION OF LEARNING RESOURCES AT NO COST TO LEARNERS AND EXIST UNDER A FLEXIBLE LICENSE FOR REUSE AND REPURPOSING. | Description1Txt |
| Expenses1 | $305,574 | Expenses1Amt |
| Description2 | SUPPORT ORGANIZATIONS AND INITIATIVES THAT ARE HELPING TO BRIDGE THE SKILLS GAP AND CREATE A WORKFORCE FOR TODAY'S INFORMATION ECONOMY. | Description2Txt |
| Expenses2 | $135,393 | Expenses2Amt |
| Description3 | SUPPORT ORGANIZATIONS AND INITIATIVES SEEKING TO REFORM HISTORICALLY INEFFECTIVE REMEDIAL EDUCATION PRACTICES. | Description3Txt |
| Expenses3 | $152,728 | Expenses3Amt |
| Description4 | SUPPORT INNOVATIVE ONLINE DELIVERY MODELS THAT DEFY THE TRADITIONAL CONSTRAINTS OF HIGHER EDUCATION AND SEEK TO PROVIDE UNDERSERVED STUDENT POPULATIONS WITH HIGHER ED. | Description4Txt |
| Expenses4 | $135,393 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CONV. NOTE - MOTOMATIC - AUTOMATIC MOTIVATIONAL SUPPORT SYSTEM THAT IMPROVES OUTCOMES FOR STUDENTS IN HIGHER EDUCATION. | Description1Txt |
| Expenses1 | $100,000 | Expenses1Amt |
| Description2 | CONV. NOTE - REUP - PARTNER WITH COLLEGES AND UNIVERSITIES TO FIND STUDENTS WITH SOME COLLEGE AND NO DEGREE TO RE-ENROLL AND GRADUATE. | Description2Txt |
| Expenses2 | $50,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $50,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $200,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $134,042 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $134,042 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $134,042 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,011 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $132,031 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,602 | 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 | $629,585 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $200,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $829,585 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $829,585 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2012-09-05 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $15 | CurrentYearAmt |
| Year1 | $13 | Year1Amt |
| Year2 | $23 | Year2Amt |
| Year3 | $13,106 | Year3Amt |
| Total | $13,157 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $13 | CurrentYearAmt |
| Year1 | $11 | Year1Amt |
| Year2 | $20 | Year2Amt |
| Year3 | $11,140 | Year3Amt |
| Total | $11,184 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $829,585 | CurrentYearAmt |
| Year1 | $790,267 | Year1Amt |
| Year2 | $1,185,634 | Year2Amt |
| Year3 | $1,111,721 | Year3Amt |
| Total | $3,917,207 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year1 | $8,600 | Year1Amt |
| Year2 | $50,197 | Year2Amt |
| Total | $58,797 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $829,585 | CurrentYearAmt |
| Year1 | $781,667 | Year1Amt |
| Year2 | $1,135,437 | Year2Amt |
| Year3 | $1,111,721 | Year3Amt |
| Total | $3,858,410 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Assets | TotalAssetsGrp |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,401 | CurrentYearAmt |
| Year1 | $3,838 | Year1Amt |
| Year2 | $7,617 | Year2Amt |
| Year3 | $8,737 | Year3Amt |
| Total | $24,593 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GARY K MICHELSON MD | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MAYRA LOMBERA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD SUITE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3108069700 | RecipientPhoneNum |
| Form And Info And Materials | GRANT-SEEKING ORGANIZATIONS CAN SEND AN EMAIL THROUGH THE MICHELSON 20MM FOUNDATION, INC. WEBSITE, WWW.20MM.ORG. AFTER AN INITIAL CONVERSATION, THE MICHELSON 20MM FOUNDATION, INC. MAY EXTEND AN INVITATION TO FORMALLY SUBMIT AN APPLICATION. IN THE CASE WHERE THE MICHELSON 20MM FOUNDATION, INC. PUTS OUT A REQUEST FOR PROPOSAL (RFP), THE APPLICATION WILL LIKELY BE INCLUDED AS PART OF THE RFP PACKAGE. REQUESTED MATERIALS MAY VARY, BUT THE MICHELSON 20MM FOUNDATION, INC. WILL LIKELY ASK FOR FINANCIALS, A PRESENTATION DECK, REFERENCES (EXISTING FUNDERS OR INVESTORS), AND ANY PARTICULARS AROUND THE ORGANIZATION'S INITIATIVE, PROJECT, OR PRODUCT. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE MICHELSON 20MM FOUNDATION, INC. FUNDS U.S. ORGANIZATIONS OR COMPANIES PRIMARILY IN THE HIGHER EDUCATION SPACE WHICH LEVERAGE LEADING-EDGE TECHNOLOGIES PARTICULARLY FOR THE PURPOSE OF INCREASING AFFORDABILITY OF EDUCATION FOR TRADITIONALLY UNDERSERVED COMMUNITIES. | RestrictionsOnAwardsTxt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Div And Int From Sec Part VII | DivAndIntFromSecPartVIIGrp | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,752 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$1,737 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$1,737 | TotalIncomeProducingActyAmt |
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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUND ANIMALS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | SAME FOUNDER | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Gary K Michelson MD | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11755 WILSHIRE BLVD STE 1400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $750,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,634 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,634 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CONV. NOTE - PRAGYA - HIGHER EDUCATION TECHNOLOGY TO SIMPLIFY THE FLOW OF INFORMATION ON AND OFF CAMPUS. | $25,000 |
| LRNR (POCHYS VENTURES INC.)- SUPPORT CONTENT ALIGNED WITH ASSESSMENT AND A FOCUS ON OPEN EDUCATIONAL RESOURCES. | $25,000 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (21 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| FURNITURE | 2010-11-17 | $5,588 | $4,057 | SL | 7 | $798 |
| COMPUTER EQUIPMENT | 2010-11-10 | $1,338 | $1,338 | SL | 5 | |
| WEBSITE COSTS | 2012-02-01 | $1,250 | $1,250 | SL | 3 | |
| FURNITURE | 2011-10-04 | $1,584 | $961 | SL | 7 | $226 |
| WEBSITE COSTS | 2012-02-01 | $6,310 | $6,310 | SL | 3 | |
| COMPUTER EQUIPMENT | 2011-08-01 | $1,060 | $936 | SL | 5 | $124 |
| TELEPHONE SYSTEM | 2011-11-15 | $5,494 | $4,579 | SL | 5 | $915 |
| FURNITURE | 2012-07-20 | $729 | $355 | SL | 7 | $104 |
| DIGITAL PUBLISHING | 2012-08-16 | $4,750 | $4,750 | SL | 3 | |
| DIGITAL PUBLISHING | 2012-08-16 | $12,700 | $12,700 | SL | 3 | |
| FURNITURE | 2013-11-15 | $8,098 | $2,507 | SL | 7 | $1,157 |
| WEBSITE COSTS | 2013-09-15 | $32,575 | $25,335 | SL | 3 | $7,240 |
| DIGITAL PUBLISHING | 2013-09-26 | $8,000 | $6,001 | SL | 3 | $1,999 |
| COMPUTER EQUIPMENT | 2013-11-11 | $4,779 | $2,071 | SL | 5 | $956 |
| COMPUTER EQUIPMENT | 2013-03-05 | $5,026 | $2,848 | SL | 5 | $1,005 |
| FURNITURE | 2014-02-07 | $832 | $228 | SL | 7 | $119 |
| COMPUTER EQUIPMENT | 2014-05-05 | $689 | $230 | SL | 5 | $138 |
| COMPUTER EQUIPMENT | 2015-02-25 | $875 | $146 | SL | 5 | $175 |
| OFFICE EQUIPMENT | 2015-11-16 | $1,094 | $13 | SL | 7 | $156 |
| COMPUTER EQUIPMENT | 2016-02-17 | $1,909 | SL | 5 | $318 | |
| COMPUTER EQUIPMENT | 2016-12-31 | $1,016 | SL | 5 |
Employee Compensation Expln EmployeeCompensationExpln
Employee Comp Explanation EmployeeCompExplanationGrp (2 entries)
| EmployeeEmployeeNm | ExplanationExplanationTxt |
|---|---|
| MAYRA LOMBERA | SEE ATTACHMENT 16 |
| FIDEL MAHANGEL | SEE ATTACHMENT 16 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTIMATIC | |||||||||||
| 540 Howard Street | San Francisco | CA | 94105 | 2016-08-12 | $100,000 | Automatic motivational support system THAT IMPROVES OUTCOMES FOR STUDENTS IN HIGHER ED. | $100,000 | NO | 08/18/2017 | 2017-08-18 | VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| REUP EDUCATION INC | |||||||||||
| 44 TEHAMA STREET | SAN FRANCISCO | CA | 94105 | 2016-08-11 | $50,000 | PARTNER WITH UNIV. TO FIND STUDENTS WITH SOME COLLEGE AND NO DEGREE TO RE-ENROLL AND GRADUATE. | $50,000 | NO | 07/18/2017 | 2017-07-18 | VERIFICATION CONFIRMED THAT $50,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| PRAGYA SYSTEMS CORP | |||||||||||
| One Broadway 14th Floor | Cambridge | MA | 02142 | 2016-08-01 | $25,000 | HIGHER EDUCATION TECHNOLOGY TO SIMPLIFY THE FLOW OF INFORMATION ON AND OFF CAMPUS | $25,000 | NO | 07/18/2017 | 2017-07-18 | VERIFICATION CONFIRMED THAT $25,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
| LRNR (POCHYS VENTURES INC) | |||||||||||
| 47 SHOAL DR E | VALLEJO | CA | 94591 | 2016-08-03 | $25,000 | SUPPORT CONTENT ALIGNED WITH ASSESSMENT AND A FOCUS ON OPEN EDUCATIONAL RESOURCES. | $25,000 | NO | 11/06/2017 | 2017-11-06 | VERIFICATION CONFIRMED THAT $25,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION. |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (21 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE | $5,588 | $4,855 | $733 |
| COMPUTER EQUIPMENT | $1,338 | $1,338 | |
| WEBSITE COSTS | $1,250 | $1,250 | |
| FURNITURE | $1,584 | $1,187 | $397 |
| WEBSITE COSTS | $6,310 | $6,310 | |
| COMPUTER EQUIPMENT | $1,060 | $1,060 | |
| TELEPHONE SYSTEM | $5,494 | $5,494 | |
| FURNITURE | $729 | $459 | $270 |
| DIGITAL PUBLISHING | $4,750 | $4,750 | |
| DIGITAL PUBLISHING | $12,700 | $12,700 | |
| FURNITURE | $8,098 | $3,664 | $4,434 |
| WEBSITE COSTS | $32,575 | $32,575 | |
| DIGITAL PUBLISHING | $8,000 | $8,000 | |
| COMPUTER EQUIPMENT | |||
| COMPUTER EQUIPMENT | $5,026 | $3,853 | $1,173 |
| FURNITURE | $832 | $347 | $485 |
| COMPUTER EQUIPMENT | $689 | $368 | $321 |
| COMPUTER EQUIPMENT | $875 | $321 | $554 |
| OFFICE EQUIPMENT | $1,094 | $169 | $925 |
| COMPUTER EQUIPMENT | $1,909 | $318 | $1,591 |
| COMPUTER EQUIPMENT | $1,016 | $1,016 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $13,332 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,332 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSIT | $2,625 | $2,625 | $2,625 |
| WEBSITE | $0 | $33,500 | $33,500 |
| CONV. NOTE - MOTOMATIC - PRI | $0 | $100,000 | $100,000 |
| CONV. NOTE - REUP - PRI | $0 | $50,000 | $50,000 |
| CONV. NOTE - PRAGYA - PRI | $0 | $25,000 | $25,000 |
| LRNR (POCHYS VENTURES INC) PRI | $0 | $25,000 | $25,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | $9,539 | $0 | $0 | $9,539 |
| PARKING | $9,235 | $0 | $0 | $9,235 |
| TELEPHONE | $1,589 | $0 | $0 | $1,589 |
| POSTAGE & DELIVERY | $417 | $0 | $0 | $417 |
| INSURANCE | $2,227 | $0 | $0 | $2,227 |
| OFFICE EXPENSE | $1,780 | $0 | $0 | $1,780 |
| MISCELLANEOUS EXPENSES | $21,348 | $0 | $0 | $21,348 |
| MEALS | $12,989 | $0 | $0 | $9,892 |
| MARKETING EXPENSE | $17,670 | $0 | $0 | $17,670 |
| PROGRAM EXPENSES | $213,088 | $0 | $0 | $213,088 |
| INFORMATION TECHNOLOGY | $5,194 | $0 | $0 | $5,194 |
| ACCRUAL TO CASH ADJUSTMENT | -$73,579 | |||
| REVERSAL OF PRIOR YEAR ACCRUAL | ||||
| TO CASH ADJUSTMENT | $3,532 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSIT | Desc |
| BOY Book Value | $250 | BOYBookValueAmt |
| EOY Book Value | $250 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $29,463 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $29,463 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CALIFORNIA FILING FEES | CategoryTxt |
| Amt | $85 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $85 | DisbursementsCharitablePrpsAmt |
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