Broad Family Charitable Foundation Inc: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
Broad Family Charitable Foundation Inc (EIN 37-1446385)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-04-27
IRS object ID
201511179349100521
Schema version
2014v5.0
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)
Return2015-04-27T12:05:34-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Michael BroadBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 600307AddressLine1Txt
CityNewtonvilleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02460ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN371446385EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Broad Family Charitable Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBROABusinessNameControlTxt
Phone6175495543PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 600307AddressLine1Txt
CityNewtonvilleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02460ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL BROADPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6175495543PhoneNum
Signature2015-04-23SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL BROADPreparerPersonNm
Phone6175495543PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,260FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$0TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,500TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,500ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,760CashBOYAmt
Cash EOY$4,260CashEOYAmt
Cash EOYFMV$4,260CashEOYFMVAmt
Total Assets BOY$5,760TotalAssetsBOYAmt
Total Assets EOY$4,260TotalAssetsEOYAmt
Total Assets EOYFMV$4,260TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$5,760UnrestrictedBOYAmt
Unrestricted EOY$4,260UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$5,760TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,260TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,760TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,260TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,760TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,500ExcessRevenueOverExpensesAmt
Subtotal$4,260SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,260TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,079AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$6,552NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.164683DistributionYr1Rt
Adjusted Qlfy Distri Yr2$159,924AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$41,644NetVlNoncharitableAssetsYr2Amt
Distribution Yr23.840265DistributionYr2Rt
Adjusted Qlfy Distri Yr3$6,246AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$149,092NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.041894DistributionYr3Rt
Adjusted Qlfy Distri Yr4$5,629AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$153,820NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.036595DistributionYr4Rt
Adjusted Qlfy Distri Yr5$4,149AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$126,414NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.032821DistributionYr5Rt
Total Distribution4.116258TotalDistributionRt
Average Distribution0.823252AverageDistributionRt
Net Vl Noncharitable Assets$4,916NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$4,047AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$4,047AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
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
Individual With BooksMICHAEL BROADIndividualWithBooksNm
Phone6175495543PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 600307AddressLine1Txt
CityNewtonvilleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP024600307ZIPCd
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 PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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

FieldValueIRS element (for citing)
PersonMICHAEL BROADPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 600307AddressLine1Txt
CityNewtonvilleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02460ZIPCd
FieldValueIRS element (for citing)
TitlePres,TreasTitleTxt
Average Hrs Per Wk Devoted To Pos0.25AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,991AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,991TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,991AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$75CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,916NetVlNoncharitableAssetsAmt
Minimum Investment Return$246MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$246MinimumInvestmentReturnAmt
Distributable Before Adj$246DistributableBeforeAdjAmt
Distributable Before Ded$246DistributableBeforeDedAmt
Distributable As Adjusted$246DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,500ExpensesAndContributionsAmt
Qualifying Distributions$1,500QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$246DistributableAsAdjustedAmt
Undistributed Income PY$328UndistributedIncomePYAmt
Excess Distribution Cyov Yr5$4,149ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$5,655ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$6,275ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$159,955ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,079ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$177,113TotalExcessDistributionCyovAmt
Qualifying Distributions$1,500QualifyingDistributionsAmt
Remaining Distri From Corpus$1,500RemainingDistriFromCorpusAmt
Total Corpus$178,613TotalCorpusAmt
Taxable2$328Taxable2Amt
Undistributed Income CY$246UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$4,149ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$174,464ExcessDistriCyovToNextYrAmt
Excess From Year4$5,655ExcessFromYear4Amt
Excess From Year3$6,275ExcessFromYear3Amt
Excess From Year2$159,955ExcessFromYear2Amt
Excess From Year1$1,079ExcessFromYear1Amt
Excess From Current Year$1,500ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL BROADContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
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 PurposeGrantOrContributionPurposeTxtAmtAmt
Institute for Policy Studies
1112 16th St NW 600WashingtonDC20036publiccharityunrestricted fund$1,000
Nonhuman Rights Project
5195 NW 112th TerraceCoral SpringsFL33076publiccharityunrestricted fund$250
Breakthrough Manchester at Derryfield Sch
2108 River RoadManchesterNH03104publiccharityunrestricted fund$250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,500TotalGrantOrContriPdDurYrAmt

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

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePart VII-B, Item 1(a)(3)FormAndLineReferenceDesc
Medium ExplanationTHE CORPORATION IS OPERATED OUT OF THE BUSINESS OFFICE OF THE PRESIDENT AND THUS RECEIVES OFFICE SPACE, SERVICES, AND OFFICE SUPPLIES FROM A DISQUALIFIED PERSON. THERE IS NO CHARGE TO THE CORPORATION OR PAYMENT TO THE PRESIDENT FOR THESE ITEMS.MediumExplanationTxt

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