PATH SHALA INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
PATH SHALA INC (EIN 59-3673374)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-10
IRS object ID
201633159349100413
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-10T09:22:52-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592482214PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRSCPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 66TH ST NAddressLine1Txt
CitySAINT PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP337105501ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593673374EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATH SHALA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPATHBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNILESH PATELPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone8137863286PhoneNum
Signature2016-11-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL E HOROWITZPreparerPersonNm
PTINP01474269PTIN
Phone7273471120PhoneNum
Preparation2016-11-09PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$738,492FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,000ContriRcvdRevAndExpnssAmt
Gross Rents Rev And Expnss$32,273GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$32,273GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$32,273GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$15,129NetRentalIncomeOrLossAmt
Total Rev And Expnss$57,273TotalRevAndExpnssAmt
Total Net Invst Incm$32,273TotalNetInvstIncmAmt
Total Adj Net Incm$32,273TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,750AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,750AccountingFeesAdjNetIncmAmt
Occupancy Rev And Expnss$15,314OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$15,314OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$15,314OccupancyAdjNetIncmAmt
Other Expenses Rev And Expnss$80OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$80OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$80OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$17,144TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$17,144TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$17,144TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$36,100ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$36,100ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$53,244TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$17,144TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$17,144TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$36,100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$4,029ExcessRevenueOverExpensesAmt
Net Investment Income$15,129NetInvestmentIncomeAmt
Adjusted Net Income$15,129AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$295,952CashBOYAmt
Cash EOY$67,108CashEOYAmt
Cash EOYFMV$67,108CashEOYFMVAmt
Acct Rcvbl$900AcctRcvblAmt
Acct Rcvbl EOY$900AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$900AcctRcvblEOYFMVAmt
Other Investments EOY$232,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$232,000OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$264,839LandBldgEquipCostOrOtherBssAmt
Land BOY$264,839LandBOYAmt
Land EOY$264,839LandEOYAmt
Land EOYFMV$432,384LandEOYFMVAmt
Other Assets BOY$6,100OtherAssetsBOYAmt
Other Assets EOY$6,100OtherAssetsEOYAmt
Other Assets EOYFMV$6,100OtherAssetsEOYFMVAmt
Total Assets BOY$566,891TotalAssetsBOYAmt
Total Assets EOY$570,947TotalAssetsEOYAmt
Total Assets EOYFMV$738,492TotalAssetsEOYFMVAmt
Accounts Payable BOY$286AccountsPayableBOYAmt
Accounts Payable EOY$313AccountsPayableEOYAmt
Total Liabilities BOY$286TotalLiabilitiesBOYAmt
Total Liabilities EOY$313TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$566,605UnrestrictedBOYAmt
Unrestricted EOY$570,634UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$566,605TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$570,634TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$566,891TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$570,947TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$566,605TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$4,029ExcessRevenueOverExpensesAmt
Subtotal$570,634SubtotalAmt
Tot Net Ast Or Fund Balances EOY$570,634TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$14,012AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$725,614NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.019311DistributionYr1Rt
Adjusted Qlfy Distri Yr2$21,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$725,143NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.028960DistributionYr2Rt
Total Distribution0.048271TotalDistributionRt
Average Distribution0.024136AverageDistributionRt
Net Vl Noncharitable Assets$674,730NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$16,285AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$151NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$16,436AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$36,100QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$151InvestmentIncomeExciseTaxAmt
Subtotal$151SubtotalAmt
Tax Based On Investment Income$151TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$623EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$623TotalPaymentsAndCreditsAmt
Overpayment$472OverpaymentAmt
Applied To ES Tax$472AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksPATH SHAYLAIndividualWithBooksNm
Phone8139317258PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110320 CARROLL COVE PLAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33612ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NILESH PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
GHANSYAM PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
SUNIL GANDI
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
HARDEV PATEL
10320 CARROLL COVE PLTAMPAFL33612DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1WEEKLY OR MORE FREQUENT LANGUAGE CLASSES AND STUDY GROUPS TO CONTINUE TO PROMOTE THE NATIVE CENTRAL ASIA/INDIA CULTURE. MEETINGS GENERALLY HAVE 30-50 ADULT AND/OR YOUTH ATTENDEES. ADDITIONALLY, SPECIAL EVENTS ARE HELD AND PROMOTED SUCH AS GEETA SPEECH COMPETITIONS, STREET PLAYS ON THE TIMES OF JANMASTAMI, AND TWO WEEK YOUTH CAMPS ANNUALLY.Description1Txt
Expenses1$1,276Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$252,621AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$432,384FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$685,005TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$685,005AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,275CashDeemedCharitableAmt
Net Vl Noncharitable Assets$674,730NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,737MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$36,100ExpensesAndContributionsAmt
Qualifying Distributions$36,100QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$151PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$35,949AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$36,100QualifyingDistributionsAmt
Remaining Distri From Corpus$36,100RemainingDistriFromCorpusAmt
Total Corpus$36,100TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$15,129CurrentYearAmt
Year1$11,671Year1Amt
Year2$36,257Year2Amt
Total$63,057TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$12,860CurrentYearAmt
Year1$9,920Year1Amt
Year2$30,818Year2Amt
Total$53,598TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$36,100CurrentYearAmt
Year1$14,012Year1Amt
Year2$21,000Year2Amt
Year3$7,000Year3Amt
Total$78,112TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$36,100CurrentYearAmt
Year1$14,012Year1Amt
Year2$21,000Year2Amt
Year3$7,000Year3Amt
Total$78,112TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$22,491CurrentYearAmt
Year1$24,187Year1Amt
Year2$24,171Year2Amt
Year3$15,005Year3Amt
Total$85,854TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ISHA FOUNDATION OF ADI YOCE PROJECT
951 ISHA LANEMCMINNVILLETN37110501(C)(3)EDUCATION/NON PROFIT YOGA FOUNDATION$4,100
DEEPKIRAN FOUNDATION
101 ASTRON TECH PARK OPPGUJARAT INDIAFL33612EDUCATION$25,000
PATHSHALA CHARITABLE TRUST
AT PO VANADARAGUJARAT INDIAFL33612EDUCATION$7,000DIST VADODARA
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$36,100TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$15,129ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$15,129ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,129TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonGORDHANBHAI B PATELContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line16102 BOLLINGER RDAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95159ZIPCd
FieldValueIRS element (for citing)
Total Contributions$25,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Category1323 PROPERTYCategoryTxt
Amt$1,750Amt
Net Investment Income$1,750NetInvestmentIncomeAmt
Adjusted Net Income$1,750AdjustedNetIncomeAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
LOAN K&P PARTNERS L.P.AT COST$200,000$200,000
LOAN VED SUVICHAR, INCAT COST$32,000$32,000

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$262,135$262,135$432,384
EQUIPMENT$2,704$2,704

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSECURITY DEPOSITDesc
BOY Book Value$6,100BOYBookValueAmt
EOY Book Value$6,100EOYBookValueAmt
EOYFMV$6,100EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
1323 PROPERTY
BANK CHARGES$80$80$80

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