PACE ACADEMY FOUNDATION: Form 990EZ, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PACE ACADEMY FOUNDATION (EIN 47-1309747)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-05-15
IRS object ID: 201721359349203802
Schema version: 2016v3.0
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-EZ
Schedule A
Schedule B
Compensation Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-15T09:51:14-00:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	UNITED TAX AND ACCOUNTING	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5241 LINCOLN AVE SUITE C2	AddressLine1Txt
City	CYPRESS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90630	ZIPCd

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	471309747	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PACE ACADEMY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PACE	BusinessNameControlTxt
Phone	7142209900	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5241 LINCOLN AVE Room C7	AddressLine1Txt
City	CYPRESS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90630	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JANICE PARK	PersonNm
Person Title	PRESIENT	PersonTitleTxt
Phone	7142209111	PhoneNum
Signature	2017-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HEE Y PARK	PreparerPersonNm
Phone	7142209111	PhoneNum
Preparation	2017-05-15	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	23.243.35.111	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-05-15	IPDt
IP Tm	16:53:25	IPTm
IP Timezone	PD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	FD1A295E50742AFBA26A95643405AA42B2F6F9B3	AtSubmissionCreationDeviceId
At Submission Filing Device Id	C79DE72B26B42E9C844BA17D2FD184D043A1BD9A	AtSubmissionFilingDeviceId

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

Form 990-EZ IRS990EZ

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Gross Receipts	$15,000	GrossReceiptsAmt
Contributions Gifts Grants Etc	$15,000	ContributionsGiftsGrantsEtcAmt
Total Revenue	$15,000	TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct	$1,240	FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint	$1,716	OccupancyRentUtltsAndMaintAmt
Printing Publications Postage	$891	PrintingPublicationsPostageAmt
Total Expenses	$3,847	TotalExpensesAmt
Excess Or Deficit For Year	$11,153	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$19,866	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$31,019	NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$19,866	BOYAmt
EOY	$31,019	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$19,866	BOYAmt
EOY	$31,019	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$19,866	BOYAmt
EOY	$31,019	EOYAmt

Field	Value	IRS element (for citing)
Primary Exempt Purpose	COMMUNITY VOLUNTEER EDUCATIONAL SERVICE	PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

Field	Value	IRS element (for citing)
Description Program Srvc Accom	Pace Academy Foundation seeks to promote volunteerism. To achieve this goal, the foundation will have a community service program. Within the program, students will volunteer to help the community, not least of all those within th	DescriptionProgramSrvcAccomTxt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
JANICE E PARK
PRESIDENT	010.00	$0
SUNG H YOO
CFO	010.00	$0
HYERIM KIM
SECRETARY	000.00	$0

Field	Value	IRS element (for citing)
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt	false	ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI	false	OrganizationHadUBIInd
Organization Filed990 T	false	OrganizationFiled990TInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Form1120 Pol Filed	false	Form1120PolFiledInd
Made Loans To From Officers	false	MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911	$0	TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912	$0	TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955	$0	TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	HEE Y PARK	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5241 LINCOLN AVE C2	AddressLine1Txt
City	CYPRESS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90630	ZIPCd

Field	Value	IRS element (for citing)
Phone	7142209111	PhoneNum

Field	Value	IRS element (for citing)
Foreign Financial Account	false	ForeignFinancialAccountInd
Foreign Office	false	ForeignOfficeInd
Donor Advised Fnds	false	DonorAdvisedFndsInd
Operate Hospital	false	OperateHospitalInd
Tanning Services Provided	false	TanningServicesProvidedInd
Form720 Filed	false	Form720FiledInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
School Operating	false	SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 Org	false	RelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd Empl	NONE	PartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof Srvc	NONE	PartVIHghstPdCntrctProfSrvcTxt
Filed Schedule A	Yes (true)	FiledScheduleAInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind
Public Support Total170	$0	PublicSupportTotal170Amt
Public Support CY170	0.00000	PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$11,400	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,200	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,800	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,000	CurrentTaxYearAmt
Total	$47,400	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$11,400	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,200	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,800	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,000	CurrentTaxYearAmt
Total	$47,400	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$47,400	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Post1975 UBTI Post1975UBTIGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$11,400	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,200	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,800	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,000	CurrentTaxYearAmt
Total	$47,400	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	1.00000	PublicSupportCY509Pct
Public Support PY509	1.00000	PublicSupportPY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Compensation Explanation CompensationExplanation

Comments