1150 FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
1150 FOUNDATION (EIN 46-1547070)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202513179349102016
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-13T12:43:01-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN880384266PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWAN & GARDINER CPA'S LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19005 W SAHARA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89117ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461547070EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line11150 FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control1150BusinessNameControlTxt
Phone7028579546PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD LEAVITTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7028579546PhoneNum
Signature2025-10-17SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDALLAS CONSTANTINEPreparerPersonNm
PTINP01983018PTIN
Phone7028699700PhoneNum
Preparation2025-10-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$30,945FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$116,749ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$26InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$26InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$26InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$116,775TotalRevAndExpnssAmt
Total Net Invst Incm$26TotalNetInvstIncmAmt
Total Adj Net Incm$26TotalAdjNetIncmAmt
Taxes Rev And Expnss$487TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$115TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$3,278OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,880TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$176,155ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$176,155ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$180,035TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$176,155TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$63,260ExcessRevenueOverExpensesAmt
Net Investment Income$26NetInvestmentIncomeAmt
Adjusted Net Income$26AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$94,205CashBOYAmt
Cash EOY$30,945CashEOYAmt
Cash EOYFMV$30,945CashEOYFMVAmt
Total Assets BOY$94,205TotalAssetsBOYAmt
Total Assets EOY$30,945TotalAssetsEOYAmt
Total Assets EOYFMV$30,945TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$94,205NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$30,945NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$94,205TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$30,945TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$94,205TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$30,945TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$94,205TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$63,260ExcessRevenueOverExpensesAmt
Subtotal$30,945SubtotalAmt
Tot Net Ast Or Fund Balances EOY$30,945TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 StateNVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksRICHARD LEAVITTIndividualWithBooksNm
Phone7028579546PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP891105221ZIPCd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
RICHARD LEAVITT
7081 MONTANA AVELAS VEGASNV891105221PRESIDENT1.00$0$0$0
MELODY LEAVITT
12115 W VAN BUREN ST 2712AVONDALEAZ85323SECRETARY000.00$0$0$0
R ALLEN LEAVITT
7251 W LAKE MEAD BLVD 300LAS VEGASNV89128DIRECTOR000.00$0$0$0
CAROLYN LEAVITT
7081 MONTANA AVELAS VEGASNV89110DIRECTOR000.00$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)
Description1SCHOLARSHIPS AND OTHER EDUCATION SUPPORT FOR FAMILY MEMBER OF HANDICAPPED PERSONSDescription1Txt
Expenses1$70,510Expenses1Amt
Description2OPERATION AND MAINTENANCE OF RESPITE HOUSE FOR FAMILY AND CAREGIVERS OF HANDICAPPED PERSONSDescription2Txt
Expenses2$22,601Expenses2Amt
Description3ASSISTANCE FOR HANDICAPPED PERSONSDescription3Txt
Expenses3$78,347Expenses3Amt
Description4CONTRIBUTIONS & GIFTS TO LOCAL SCHOOLS & CHARITIES.Description4Txt
Expenses4$4,670Expenses4Amt

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$40,214AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$40,214TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$40,214AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$603CashDeemedCharitableAmt
Net Vl Noncharitable Assets$39,611NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,981MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,981MinimumInvestmentReturnAmt
Distributable Before Adj$1,981DistributableBeforeAdjAmt
Distributable Before Ded$1,981DistributableBeforeDedAmt
Distributable As Adjusted$1,981DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$176,155ExpensesAndContributionsAmt
Qualifying Distributions$176,155QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,981DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$65,573ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$109,501ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$166,623ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$122,131ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$111,872ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$575,700TotalExcessDistributionCyovAmt
Qualifying Distributions$176,155QualifyingDistributionsAmt
Applied To Current Year$1,981AppliedToCurrentYearAmt
Remaining Distri From Corpus$174,174RemainingDistriFromCorpusAmt
Total Corpus$749,874TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$65,573ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$684,301ExcessDistriCyovToNextYrAmt
Excess From Year4$109,501ExcessFromYear4Amt
Excess From Year3$166,623ExcessFromYear3Amt
Excess From Year2$122,131ExcessFromYear2Amt
Excess From Year1$111,872ExcessFromYear1Amt
Excess From Current Year$174,174ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRICHARD LEAVITTContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRICHARD LEAVITTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7028579546RecipientPhoneNum
Recipient Email AddressRICHARD@LEAVITTLEAVITT.COMRecipientEmailAddressTxt
Form And Info And MaterialsNO PARTICULAR FORM IS REQUIRED. APPLICATIONS SHOULD INCLUDE INFORMATION ESTABLISHING QUALIFICATION, SPECIFYING NATURE AND AMOUNT OF FUNDING NEED, AND LIFE IMPROVEMENT ANTICIPATED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONE. WE GENERALLY REQUEST APPLICATIONS BE SUBMITTED PRIOR TO FUNDING NEED, BUT WILL LIBERALLY CONSISubmissionDeadlinesTxt
Restrictions On AwardsGRANTEES MUST BE HANDICAPPED PERSONS, OR IMMEDIATE FAMILY MEMBER OF HANDICAPPED PERSON, AND BE DISADVANTAGED BY THE HANDICAP.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCd
BROADWAY KIDS ACADAMY
4151 N RANCHO RD 140LAS VEGASNV89130SCHOLARSHIPS$12,000
BELLA BILLINGS
303 WEST 1600 SOUTHPAYSONUT84651SCHOLARSHIPS$500
CASA DE LOS BEDLAMITOS
RESPITE OPERATION & MAINTENANCE$21,051CARRE TERRE ENSENADABAJA CALIFORNIATIJUANAMX
FAMILIA CAMEJO
6285 MESSOSPHERE CTLAS VEGASNV89110HANDICAP ASSISTANCE$2,500
HANNAH VANORDEN
4835 N HORSESHOE DRENOCHUT84721SCHOLARSHIPS$56,560
JEFF JONES CHARITY
4628 ELM AVENUELAS VEGASNV89110PROVIDING THANKSGIVING MEALS$2,000
JIU NI
7081 MONTANA AVELAS VEGASNV89110PROVIDING RECREATION$1,550
LINDSAY FERRIN
689 S 75 E 5CEDAR CITYUT84720HANDYCAP ASSISTANCE$703
MIKE SWAPP
182 N 200 EASTWASHINGTONUT84780HANDICAP ASSISTANCE$5,000
PENNY CRAFT
132 SIR NOBLELAS VEGASNV89110HANDICAP ASSISTANCE$2,358
HEADSTONES PROJECT
7081 MONTANA AVELAS VEGASNV89110MEMORIAL MAINTENANCE$2,300
WON NA MUSIC STUDIO
5216 REMINI COURTLAS VEGASNV89130SCHOLARSHIPS$1,450
LIZ FERRIN
1850 WHITLEY 712LOS ANGELESCA90028HANDICAP ASSISTANCE$7,650
SEBASTIAN PENA
4621 LITTLE WREN LANELAS VEGASNV89115HANDICAP ASSISTANCE$1,135
VERN LUECK
4437 SHERRILL AVELAS VEGASNV89110FUNERAL$5,000
HIGHLAND HIGH SCHOOL
2166 S 1700 ESALT LAKE CITYUT84106SCHOLARSHIPS$300
ZAK JENSEN
1699 RAINBOW ROADSANTA CLARAUT84765HANDICAP ASSISTANCE$2,200
CLARK COUNTY SCHOOL DISTRICT
5100 W SAHARA AVELAS VEGASNV89146CHARITY FUNDRAISER$70
AIDA ORTIZ MARQUEZ
727 CLAYTON STLAS VEGASNV89110HANDICAP ASSISTANCE$17,951
JILL GARCIA
132 SIR NOBLELAS VEGASNV89110HANDICAP ASSISTANCE$375
DAVID KENNEDY
413 GREENBROOKLAS VEGASNV89110HANDICAP ASSISTANCE$1,396
KHRYNE CUTLER
321 SIR RICHARD DRLAS VEGASNV89110HANDICAP ASSISTANCE$22,266
LAURA ROGERS
3952 COMB COURTLAS VEGASNV89104HANDICAP ASSISTANCE$2,830
MIKE FERRIN
182 N 200 EWASHINGTONUT84780HANDICAP ASSISTANCE$510
RACHEL VAN ORDEN
1228 FIR ST APT BCEDAR CITYUT84720HANDICAP ASSISTANCE$2,000
RICK FERRIN
182 N 200 EWASHINGTONUT84780HANDICAP ASSISTANCE$4,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$176,155TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$26TotalIncomeProducingActyAmt

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 PersonRICHARD LEAVITTContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line17081 MONTANA AVEAddressLine1Txt
CityLAS VEGASCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89110ZIPCd
FieldValueIRS element (for citing)
Total Contributions$116,749TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1100 SHARES AMZN$17,8092024-04-23
1340 SHARES NVIDIA$47,2482024-06-20
11000 SHARES INTEL$20,3492024-08-28
1100 SHARES NVIDIA$11,9042024-09-12
1100 SHARES AMZN$19,4392024-09-25

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$897
OFFICE EXPENSE$2,381

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$487Amt

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