AK FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- AK FOUNDATION INC (EIN 83-1146676)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202543219349104364
- Schema version
- 2024v5.0
- 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
- Form 990-PF
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T13:41:14-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352651091 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOLIERI GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 S DOUGLAS RD NORTH TOWER STE | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831146676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AKFO | BusinessNameControlTxt |
| Phone | 4042744413 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 S ALHAMBRA CIRCLE | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAVITHA PALANI | PersonNm |
| Person Title | PRESIDENT/DI | PersonTitleTxt |
| Phone | 4042744413 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FERNANDO REY | PreparerPersonNm |
| PTIN | P01604638 | PTIN |
| Phone | 7867422001 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,865,841 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $8,229 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $28,160 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28,160 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $539 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $539 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $71,562 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $301,784 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $70,625 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,137 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $20,051 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$3,914 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $124,627 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $119,375 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | -$3,914 | TotalAdjNetIncmAmt |
| Taxes Rev And Expnss | $435 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $5,134 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $5,569 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $45,995 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $45,995 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $51,564 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $45,995 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $73,063 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $119,375 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $71,694 | CashBOYAmt |
| Cash EOY | $17,046 | CashEOYAmt |
| Cash EOYFMV | $17,046 | CashEOYFMVAmt |
| Other Investments BOY | $887,452 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,644,937 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,848,795 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $33,968 | OtherAssetsBOYAmt |
| Total Assets BOY | $993,114 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,661,983 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,865,841 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $65,444 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $231,962 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $124,320 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $231,962 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $189,764 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $761,152 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,472,219 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $761,152 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,472,219 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $993,114 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,661,983 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $761,152 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $73,063 | ExcessRevenueOverExpensesAmt |
| Other Increases | $735,612 | OtherIncreasesAmt |
| Subtotal | $1,569,827 | SubtotalAmt |
| Other Decreases | $97,608 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,472,219 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SALE OF AMD | P | 2023-09-01 | 2024-05-08 | $15,309 | $11,143 | $4,166 | $4,166 |
| SALE OF GRAYSCALE ETHEREUM ETF | P | 2023-09-01 | 2024-05-10 | $68,284 | $21,132 | $47,152 | $47,152 |
| SALE OF GRAYSCALE BITCOIN ETF | P | 2023-09-01 | 2024-05-10 | $181,464 | $51,825 | $129,639 | $129,639 |
| SALE OF INTEL CORP | P | 2023-09-01 | 2024-09-12 | $5,856 | $15,300 | -$9,444 | -$9,444 |
| SALE OF INVESCO QQQ ETF | P | 2023-09-01 | 2024-05-08 | $29,934 | $25,259 | $4,675 | $4,675 |
| DISPOSAL OF WORTHLESS TOKENS | P | $105,563 | -$105,563 | -$105,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $70,625 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $176,188 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,659 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,659 | SubtotalAmt |
| Tax Based On Investment Income | $1,659 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $1,200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,200 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $61 | EsPenaltyAmt |
| Tax Due | $520 | 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 | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | KAVITHA PALANI | IndividualWithBooksNm |
| Phone | 4042744413 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 S ALHAMBRA CIRCLE | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33146 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | ||||||||
| 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | TREASURER/DI | 1.00 | $0 | $0 | $0 |
| KAVITHA PALANI | ||||||||
| 1151 S ALHAMBRA CIRCLE | CORAL GABLES | FL | 33146 | PRESIDENT/DI | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SUPPORTED RANSOM EVERGLADES HIGH SCHOOL TO CONTRIBUTE TO STUDENT PROGRAMS AND COMMUNITY INITIATIVES THAT ENCOURAGE LEADERSHIP, EDUCATION, AND SERVICE. | Description1Txt |
| Expenses1 | $28,357 | Expenses1Amt |
| Description2 | SUPPORT OF THE GOANNA FOUNDATION FOR GOVERNANCE OF THE PROJECT WHICH INCLUDES, BUT NOT LIMITED TO, THE GROWING COLLECTION OF GOANNA-INSPIRED NFTS LAUNCHED ON THE ALGORAND BLOCKCHAIN. | Description2Txt |
| Expenses2 | $14,638 | Expenses2Amt |
| Description3 | DONATED TO HIMALAYAN CHILDREN'S CHARITIES TO SUPPORT EDUCATION AND EMPOWERMENT PROGRAMS FOR ORPHANED AND VULNERABLE CHILDREN IN NEPAL. | Description3Txt |
| Expenses3 | $3,000 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,091,195 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $44,370 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $175,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,310,565 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,310,565 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $19,658 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,290,907 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $64,545 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $64,545 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,659 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,659 | TotalTaxAmt |
| Distributable Before Adj | $62,886 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $62,886 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $62,886 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $45,995 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $45,995 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $62,886 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $252,527 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $25,189 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $277,716 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $45,995 | QualifyingDistributionsAmt |
| Applied To Current Year | $45,995 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $16,891 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $16,891 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $260,825 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $235,636 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $25,189 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $25,189 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| RANSOM EVERGLADES SCHOOL | ||||||||||
| 3375 MAIN HWY | MIAMI | FL | 33133 | POF | HELP ENRICH ACADEMIA AND ATHLETIC PR | $28,357 | ||||
| GOANNA FOUNDATION | ||||||||||
| POF | AID MENTAL HEALTH PROGRAMS IN SCHOOL | $14,638 | LEVEL 1 44 MARTIN PLACE | SYDNEY | AS | 2000 | ||||
| HIMALAYAN CHILDREN'S CHARITIES | ||||||||||
| PO BOX 8958 | ATLANTA | GA | 31106 | POF | AID CHILDREN IN POVERTY IN NEPAL | $3,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $45,995 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,160 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $539 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,051 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $937 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $70,625 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|---|
| 11-11 LEAP CREDIT | 900003 | -$2,287 | 14 |
| BITWISE 10 CRYPTO | 900003 | -$1,627 | 14 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,977 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $119,375 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $116,398 | 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 | false | RelationshipsNonchrtblEOInd |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | LONG-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY | AssetDesc |
| Gross Sales Price | $937 | GrossSalesPriceAmt |
| Total Net | $937 | TotalNetAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 11-11 LEAP CREDIT | AT COST | $125,000 | $125,000 |
| AK FOUNDATION LEDGER 1 ETH | AT COST | $714 | $1,007 |
| AK FOUNDATION LEDGER 1 USDT | AT COST | $4,896 | $4,896 |
| AKF EXCLSIVE LEDGER ALGO ALGO | AT COST | $4,806 | $9,114 |
| AKF EXCLUSIVE LEDGER ALGO USDC | AT COST | $4,500 | $4,500 |
| AKF EXCLUSIVE LEDGER BTC | AT COST | $56,981 | $186,169 |
| AKF EXCLUSIVE LEDGER ETH ETH | AT COST | $578 | $1,048 |
| AKF EXECUTIVE LEDGER SOL | AT COST | $35,637 | $246,457 |
| AKR EXCLUSIVE LEDGER ETH USDC | AT COST | $4,038 | $4,038 |
| BC LOAN WALLET ALGO | AT COST | $21 | $34 |
| BC LOAN WALLET GALGO | AT COST | $121,924 | $195,001 |
| CIRCLE USD | AT COST | ||
| COPPER AK FOUNDATION VAULT | AT COST | $376 | $1,054 |
| COPPER DEFAULT TRADE | AT COST | $3,894 | |
| GILBERT INVESTMENT WALLET | AT COST | $45,315 | $32,054 |
| HNT WALLET 1 HNT | AT COST | $10,000 | $48,683 |
| INSTITUTIONAL COINBASE BTC | AT COST | $14 | $45 |
| INSTITUTIONAL COINBASE USD | AT COST | ||
| INSTITUTIONAL COINBASE USDC | AT COST | $3 | $3 |
| INSTITUTIONAL COINBASE AVAX | AT COST | $1,584 | $1,723 |
| INSTITUTIONAL COINBASE HNT | AT COST | $3,021 | $3,927 |
| INSTITUTIONAL COINBASE HONEY | AT COST | $1,850 | $1,710 |
| KAVI SIGN RAKEY ALGO | AT COST | $6 | $2 |
| LOAN GIVEN TO IGC VENTURES LLC | AT COST | $50,000 | $50,000 |
| OTHER INVESTMENTS | AT COST | $502,164 | |
| COPPER SOL | AT COST | $55,961 | $222,372 |
| TDA CRYPTO | AT COST | ||
| BROKERAGE INVESTMENTS | AT COST | $611,654 | $709,958 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLES | Desc |
| BOY Book Value | $33,968 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| BANK SERVICE CHARGES | $190 |
| PROFESSIONAL FEES | $3,615 |
| DUES AND SUBS | $929 |
| ENTERTAINMENT | $400 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| GUARANTEED PAYMENTS | $8,250 | $8,250 | |
| STAKING REVENUE | $11,801 | $11,801 | |
| 11-11 LEAP CREDIT | -$2,287 | -$2,287 | |
| BITWISE 10 CRYPTO | -$1,627 | -$1,627 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $735,612 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYABLES | $107,642 | |
| LOANS | $124,320 | $124,320 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT TAXES/LICENSES | CategoryTxt |
| Amt | $435 | Amt |
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