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HELP SOM-CHILD FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
HELP SOM-CHILD FOUNDATION INC (EIN 13-3319142)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-11
IRS object ID
201610429349100401
Schema version
2014v6.0
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)
Return2016-02-11T07:14:11-08:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bruce A Rosen CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17 Cobblestone CourtAddressLine1Txt
CityCenterportCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11721ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133319142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HELP SOM-CHILD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHELPBusinessNameControlTxt
Phone2125819340PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE - 29 FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFRANK J STELLAPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2016-02-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,549,818FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$24,725DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,725DividendsNetInvstIncmAmt
Dividends Adj Net Incm$24,725DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$82,200NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$384,995GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$82,200CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$5,358NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$106,937TotalRevAndExpnssAmt
Total Net Invst Incm$106,937TotalNetInvstIncmAmt
Total Adj Net Incm$30,095TotalAdjNetIncmAmt
Taxes Rev And Expnss$3,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$6,380OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,380OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$6,380OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$9,380TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,380TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$6,380TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$72,110ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$72,110ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$81,490TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,380TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$6,380TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$72,110TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$25,447ExcessRevenueOverExpensesAmt
Net Investment Income$100,557NetInvestmentIncomeAmt
Adjusted Net Income$23,715AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$151,062SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$68,075SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$68,075SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$553,087CorporateStockBOYAmt
Corporate Stock EOY$629,433CorporateStockEOYAmt
Corporate Stock EOYFMV$925,278CorporateStockEOYFMVAmt
Corporate Bonds BOY$50,537CorporateBondsBOYAmt
Corporate Bonds EOY$25,071CorporateBondsEOYAmt
Corporate Bonds EOYFMV$25,649CorporateBondsEOYFMVAmt
Other Investments BOY$422,663OtherInvestmentsBOYAmt
Other Investments EOY$480,217OtherInvestmentsEOYAmt
Other Investments EOYFMV$530,816OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,177,349TotalAssetsBOYAmt
Total Assets EOY$1,202,796TotalAssetsEOYAmt
Total Assets EOYFMV$1,549,818TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,177,349RetainedEarningBOYAmt
Retained Earning EOY$1,202,796RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,177,349TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,202,796TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,177,349TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,202,796TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,177,349TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$25,447ExcessRevenueOverExpensesAmt
Subtotal$1,202,796SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,202,796TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
DEUTSCHE BANKP2014-01-012015-01-01$139,192$133,834$5,358$5,358
DEUTSCHE BANKP2003-01-012015-01-01$239,189$168,961$70,228$70,228
Capital Gain Dividends
$6,614
FieldValueIRS element (for citing)
Capital Gain Net Income$82,200CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$5,358NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$71,880AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,431,123NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05023DistributionYr1Rt
Adjusted Qlfy Distri Yr2$59,019AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,329,111NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04441DistributionYr2Rt
Adjusted Qlfy Distri Yr3$57,270AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,302,632NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04397DistributionYr3Rt
Adjusted Qlfy Distri Yr4$71,464AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,314,489NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05437DistributionYr4Rt
Adjusted Qlfy Distri Yr5$69,470AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,358,205NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.05115DistributionYr5Rt
Total Distribution0.24411TotalDistributionRt
Average Distribution0.04882AverageDistributionRt
Net Vl Noncharitable Assets$1,517,589NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$74,092AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,006NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$75,098AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$72,110QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,011InvestmentIncomeExciseTaxAmt
Subtotal$2,011SubtotalAmt
Tax Based On Investment Income$2,011TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,963EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$2,500AppliedToEsTaxAmt
Total Payments And Credits$5,463TotalPaymentsAndCreditsAmt
Overpayment$3,452OverpaymentAmt
Applied To ES Tax$3,452AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125819340PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE - 29 FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AMY MORGAN SOMMER
1112 MONTANA AVENUE 610SANTA MONICACA90403President0.00$0
BEVERLY SOMMER
810 SEVENTH AVENUENEW YORKNY10019Vice President0.00$0
FRANK J STELLA
810 SEVENTH AVENUENEW YORKNY10019Treasurer0.00$0
DOROTHY WAITS
810 SEVENTH AVENUENEW YORKNY10019Secretary0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$103,417AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,437,283FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,540,700TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,540,700AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$23,111CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,517,589NetVlNoncharitableAssetsAmt
Minimum Investment Return$75,879MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$75,879MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,011TaxBasedOnInvestmentIncomeAmt
Total Tax$2,011TotalTaxAmt
Distributable Before Adj$73,868DistributableBeforeAdjAmt
Distributable Before Ded$73,868DistributableBeforeDedAmt
Distributable As Adjusted$73,868DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$72,110ExpensesAndContributionsAmt
Qualifying Distributions$72,110QualifyingDistributionsAmt
Adjusted Qualifying Distri$72,110AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$73,868DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$4,720ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$2,640ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,360TotalExcessDistributionCyovAmt
Qualifying Distributions$72,110QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$72,110AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$1,758ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$1,758ExcessDistributionCyovAppCYAmt
Total Corpus$5,602TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,602ExcessDistriCyovToNextYrAmt
Excess From Year4$2,962ExcessFromYear4Amt
Excess From Year1$2,640ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAMY MORGAN SOMMERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SCHEDULEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Recipient Relationshipn/aRecipientRelationshipTxt
Recipient Foundation StatusapprovedRecipientFoundationStatusTxt
Grant Or Contribution PurposeVARIOUSGrantOrContributionPurposeTxt
Amt$72,110Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$72,110TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$24,725RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$82,200RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$106,937RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$106,937TotalIncomeProducingActyAmt

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$25,071EOYBookValueAmt
EOYFMV$25,649EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$629,433EOYBookValueAmt
EOYFMV$925,278EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENT FUNDSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$480,217BookValueAmt
EOYFMV$530,816EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT ADVISORY FEES$6,130$6,130$6,130
REGISTRATION FEES$250$250$250

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$3,000Amt

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