HINKLE FOUNDATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
HINKLE FOUNDATION (EIN 23-7367419)
Tax period
2015-10-01 to 2016-09-30
Filed
2017-08-14
IRS object ID
201712269349302341
Schema version
2015v3.0
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)
Return2017-08-14T14:10:34-07:00ReturnTs
Tax Period End2016-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rodnunsky & AssociatesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Canyon Blvd Suite 220AddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237367419EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Hinkle FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHINKBusinessNameControlTxt
Phone8187371090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Canyon BlvdAddressLine1Txt
CityWoodland HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY METZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8187371090PhoneNum
Signature2016-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER RICHARDSPreparerPersonNm
Phone8187371090PhoneNum
Preparation2017-08-14PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARY METZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1615 S Manhattan PlAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$932,655GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionUntil June 2014, the Hinkle Foundation (formerly Christ Unity Manor) provided low income elderly housing, in a 156 unit federally (HUD) apartment complex.In June 2014,the HUD project was sold. The organization's current mission is to invest its funds in support of low income elderly housing.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$922,941PYProgramServiceRevenueAmt
CY Program Service Revenue$44,789CYProgramServiceRevenueAmt
PY Investment Income$2,472PYInvestmentIncomeAmt
CY Investment Income$557,138CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$925,413PYTotalRevenueAmt
CY Total Revenue$601,927CYTotalRevenueAmt
PY Grants And Similar Paid$50,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$199,593PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$580,297PYOtherExpensesAmt
CY Other Expenses$258,344CYOtherExpensesAmt
PY Total Expenses$829,890PYTotalExpensesAmt
CY Total Expenses$258,344CYTotalExpensesAmt
PY Revenues Less Expenses$95,523PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$343,583CYRevenuesLessExpensesAmt
Total Assets BOY$21,014,841TotalAssetsBOYAmt
Total Assets EOY$21,358,424TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$21,014,841NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,358,424NetAssetsOrFundBalancesEOYAmt
MissionUntil June 2014, the Hinkle Foundation (formerly Christ Unity Manor) provided lowMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Revenue$44,789RevenueAmt
DescAS STATED ABOVE, THE HINKLE FOUNDATION HAS INVESTED THE PROCEEDS OF THE SALE OF ITS HUD APARTMENT COMPLEX IN A DIVERSIFIED PORTFOLIO OF SECURITIES, AND HAS MADE A $3,600,000 (AT LESS THAN MARKET INTEREST)LOAN TO A PROVIDER OF LOW INCOME ELDERLY HOUSING. THE HINKLE FOUNDATION IS CURRENTLY CONSIDERING A NUMBER OF INVESTMENTS/PROJECTS WHICH WILL PROVIDE AND/OR SUPPORT LOW INCOME HOUSING FOR THE ELDERLY. FOR ITS YEAR ENDED 9/30/2016, THE ORGANIZATION RECEIVED $44,789 IN INTEREST PAYMENTS ON ITS LOAN TO A PROVIDER OF LOW INCOME ELDERLY HOUSING.Desc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRODNUNSKY ASSOCIATESPersonNm
Phone8187371090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15959 Topanga Cyn BlAddressLine1Txt
CitySteCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARY METZ
Director; President10.00Yes (X)Yes (X)$0$0$0
IRMA VARNADO
Director;Sec/Treas10.00Yes (X)Yes (X)$0$0$0
RUTH REED
Director10.00Yes (X)$0$0$0
CESAR SANDOVAL
Director10.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescProgram Rev - InterestDesc
Business531110BusinessCd
Total Revenue Column$44,789TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$44,789TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$391,774TotalRevenueColumnAmt
Exclusion$391,774ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$496,092SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$330,728SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$165,364SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$165,364TotalRevenueColumnAmt
Exclusion$165,364ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$601,927TotalRevenueColumnAmt
Related Or Exempt Func Income$44,789RelatedOrExemptFuncIncomeAmt
Exclusion$557,138ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$172,184TotalAmt
Program Services$0ProgramServicesAmt
Management And General$172,184ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$86,160TotalAmt
Program Services$0ProgramServicesAmt
Management And General$86,160ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$258,344TotalAmt
Program Services$0ProgramServicesAmt
Management And General$258,344ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,430BOYAmt
EOY$65,150EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$400,000BOYAmt
EOY$403,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$20,604,411BOYAmt
EOY$17,331,274EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$3,559,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,014,841BOYAmt
EOY$21,358,424EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$514,841BOYAmt
EOY$858,424EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,500,000BOYAmt
EOY$20,500,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,014,841BOYAmt
EOY$21,358,424EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,014,841BOYAmt
EOY$21,358,424EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$343,583ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,099,959CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,183,863CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$935,101CurrentTaxYearMinus2YearsAmt
Current Tax Year$44,789CurrentTaxYearAmt
Total$3,263,712TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,099,959CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,183,863CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$935,101CurrentTaxYearMinus2YearsAmt
Current Tax Year$44,789CurrentTaxYearAmt
Total$3,263,712TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$3,263,712PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$318CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$330CurrentTaxYearMinus3YearsAmt
Current Tax Year$391,774CurrentTaxYearAmt
Total$392,422TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$318CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$330CurrentTaxYearMinus3YearsAmt
Current Tax Year$391,774CurrentTaxYearAmt
Total$392,422TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$3,656,134TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.89270PublicSupportCY509Pct
Public Support PY5090.99980PublicSupportPY509Pct
Investment Income CY0.10730InvestmentIncomeCYPct
Investment Income PY0.00020InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescLow Income Housing LoanDesc
Book Value$3,559,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$3,559,000TotalBookValueProgramRltdAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bThe Hinkle Foundation's Board is given a copy of form 990 before it is filed.
Pt VI, Line 12cAll transactions are reviewed by the Board of the Hinkle Foundation. Any Director with a conflict or a potential conflict are prohibited from participating in the Board's deliberations on the transaction.
Pt VI, Line 19The Hinkle Foundation provides copies of its Articles, Bylaws, Conflict of Interest Policy and Financial Statements upon request. The Hinkle Foundation's is also available through the California Attorney General's Registry of Charitable Trusts.

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