KAHNG FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
KAHNG FOUNDATION (EIN 74-2883492)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-04
IRS object ID
201521249349100217
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)
Return2015-05-04T11:08:34-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ledwith Houghton & Co CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1643 Bair Island Rd 105AddressLine1Txt
CityRedwood CityCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94063ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742883492EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAHNG FOUNDATIONBusinessNameLine1Txt
Business Name Line2CO STEPHEN KAHNGBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlKAHNBusinessNameControlTxt
Phone5126577777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12106 CLIFF EDGE DRAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78733ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN KAHNGPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2015-05-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN R HOUGHTON CPAPreparerPersonNm
PTINP01328531PTIN
Phone6503061400PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,932,021FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$137,899DividendsRevAndExpnssAmt
Dividends Net Invst Incm$137,899DividendsNetInvstIncmAmt
Dividends Adj Net Incm$137,899DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$3,202,340NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,262,215GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,202,340CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$3,340,239TotalRevAndExpnssAmt
Total Net Invst Incm$3,340,239TotalNetInvstIncmAmt
Total Adj Net Incm$137,899TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$48,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$48,000CompOfcrDirTrstNetInvstIncmAmt
Pension Empl Bnft Rev And Expnss$21,027PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$21,027PensionEmplBnftNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,400AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,400AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss$1,059InterestRevAndExpnssAmt
Interest Net Invst Incm$1,059InterestNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$15,752DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$15,752DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$13,819OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$13,819OccupancyNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$8,375TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$8,375TravConfMeetingNetInvstIncmAmt
Other Expenses Rev And Expnss$22,872OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$22,872OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$133,304TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$133,304TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$599,149ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$599,149ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$732,453TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$133,304TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$599,149TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,607,786ExcessRevenueOverExpensesAmt
Net Investment Income$3,206,935NetInvestmentIncomeAmt
Adjusted Net Income$137,899AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$56,604CashBOYAmt
Cash EOY$216,398CashEOYAmt
Cash EOYFMV$216,398CashEOYFMVAmt
Sav And Temp Cash Invst BOY$174,405SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$174,513SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$174,513SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,016,442CorporateStockBOYAmt
Corporate Stock EOY$956,567CorporateStockEOYAmt
Corporate Stock EOYFMV$9,552,651CorporateStockEOYFMVAmt
Other Investments BOY$1,960,515OtherInvestmentsBOYAmt
Other Investments EOY$2,988,459OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,988,459OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$614,334LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,253LandBldgEquipAccumDeprecAmt
Land BOY$603,833LandBOYAmt
Land EOY$588,081LandEOYAmt
Total Assets BOY$3,811,799TotalAssetsBOYAmt
Total Assets EOY$4,924,018TotalAssetsEOYAmt
Total Assets EOYFMV$12,932,021TotalAssetsEOYFMVAmt
Loans From Officers BOY$1,600,000LoansFromOfficersBOYAmt
Loans From Officers EOY$100,000LoansFromOfficersEOYAmt
Other Liabilities BOY$3,047OtherLiabilitiesBOYAmt
Other Liabilities EOY$7,480OtherLiabilitiesEOYAmt
Total Liabilities BOY$1,603,047TotalLiabilitiesBOYAmt
Total Liabilities EOY$107,480TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Additional Paid In Capital BOY$2,208,752AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$4,816,538AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$2,208,752TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,816,538TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,811,799TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,924,018TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,208,752TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,607,786ExcessRevenueOverExpensesAmt
Subtotal$4,816,538SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,816,538TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
14000 APPLEP2000-09-122014-11-24$3,260,922$42,920$3,218,002$3,218,002
116 LSIP2005-05-312014-05-06$1,293$16,955-$15,662-$15,662
FieldValueIRS element (for citing)
Capital Gain Net Income$3,202,340CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$460,700AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$11,747,950NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.03922DistributionYr1Rt
Adjusted Qlfy Distri Yr2$427,679AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$9,872,984NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04332DistributionYr2Rt
Adjusted Qlfy Distri Yr3$315,700AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$8,389,791NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.03763DistributionYr3Rt
Adjusted Qlfy Distri Yr4$260,950AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$6,964,272NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.03747DistributionYr4Rt
Adjusted Qlfy Distri Yr5$220,940AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$4,710,684NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04690DistributionYr5Rt
Total Distribution0.20453TotalDistributionRt
Average Distribution0.04091AverageDistributionRt
Net Vl Noncharitable Assets$12,711,575NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$519,992AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$32,069NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$552,061AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$599,149QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$32,069InvestmentIncomeExciseTaxAmt
Subtotal$32,069SubtotalAmt
Tax Based On Investment Income$32,069TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$9,801EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$9,801TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$430EsPenaltyAmt
Tax Due$22,698TaxDueAmt

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 StateTXOrgReportOrRegisterStateCd
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 Line1STEPHEN KAHNGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5126577777PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12106 CLIFF EDGE DRAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78733ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CHOONJA KAHNG
2106 CLIFF EDGE DRAUSTINTX78733President5.00$24,000
STEPHEN KAHNG
2106 CLIFF EDGE DRAUSTINTX78733Treasurer5.00$24,000
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$10,119,317AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,474,875AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$310,960FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$12,905,152TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$12,905,152AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$193,577CashDeemedCharitableAmt
Net Vl Noncharitable Assets$12,711,575NetVlNoncharitableAssetsAmt
Minimum Investment Return$635,579MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$635,579MinimumInvestmentReturnAmt
Tax Based On Investment Income$32,069TaxBasedOnInvestmentIncomeAmt
Total Tax$32,069TotalTaxAmt
Distributable Before Adj$603,510DistributableBeforeAdjAmt
Distributable Before Ded$603,510DistributableBeforeDedAmt
Distributable As Adjusted$603,510DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$599,149ExpensesAndContributionsAmt
Qualifying Distributions$599,149QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$32,069PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$567,080AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$603,510DistributableAsAdjustedAmt
Undistributed Income PY$577,766UndistributedIncomePYAmt
Qualifying Distributions$599,149QualifyingDistributionsAmt
Applied To Year1$577,766AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$21,383AppliedToCurrentYearAmt
Undistributed Income CY$582,127UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ASIAN ART MUSEUM OF SF
200 Larkin StSAN FRANCISCOCA94102NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$53,000
HARVARD UNIVERSITY
124 MOUNT AUBURN STREETCAMBRIDGEMA02138NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$20,000
US Comm for Human RIGHTS
1101 15th Street NW Ste 80WashingtonDC20005NONEN/ATO PROMOTE HUMAN RIGHTS IN NORTH KOREA IN A MULTI-STEP PROGRAM$10,000
STANFORD UNIVERSITY
PO BOX 20466STANFORDCA94309NONEN/ATO SUPPORT THE ONGOING EDUCATIONAL ACTIVITIES OF THE ORGANIZATION$160,000
WHITNEY MUSEUM
945 Madison AveNew YorkNY10021NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$21,000
ASIA FOUNDATION
465 CALIFORNIA ST 9SAN FRANCISCOCA94104NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$75,000
Holy Korean Martyrs Catholic Church
531 East Weddell DrSunnyvaleCA94089NONEN/ASUPPORT KOREAN CATHOLIC CHURCH$50,000
Korean American Community Foundatio
3rd Fl 501 5th AveNew YorkNY10017NONENONETO SUPPORT THE ONGOING EDUCATIONAL ACTIVITIES OF THE ORGANIZATION$15,000
CKA COUNCIL OF KOREAN AMERICANS
PO Box 47Dunn LoringVA22027NONEN/ATO SUPPORT KOREAN AMERICA VOICES ON CRITICAL ISSUES$1,500
DE YOUNG MUSEUM
50 Hagiwara Tea Garden DriveSAN FRANCISCOCA94118NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$99
El Camino Hospital Foundation
2500 Grant Road PAR 116MOUNTAIN VIEWCA94040NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE HOSPITAL$50
Korean War Veterans Memorial Founda
10301 McKinstry Mill RoadNew WindsorMD21776NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$100,000
MUSIC FOR MINORS
1100 Industrial Road Suite 10SAN CARLOSCA94070NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$3,000
UNIVERSITY OF SOUTHERN CALIFORNIA
ADM 160 MC 4017Los AngelesCA90089NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$10,000
SAN FRANCISCO OPERA
301 Van Ness AvenueSAN FRANCISCOCA94102NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$80,000
United Way Silicon Valley
1400 Parkmoor Avenue Suite 250San JoseCA95126NONEN/ATO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$599,149TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$137,899ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3,202,340RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$137,899ExclusionAmt
Related Or Exempt Function Incm$3,202,340RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,340,239TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryLHCO, CPA'SCategoryTxt
Amt$2,400Amt
Net Investment Income$2,400NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
Property150 WEST EDITH #11 CONDOPropertyDesc
Acquired2013-04-16AcquiredDt
Cost Or Other Basis$614,334CostOrOtherBasisAmt
Prior Year Depreciation$10,501PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Life39.0000LifeRt
Current Year Expense$15,752CurrentYearExpenseAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCHARLES SCHWABStockNm
EOY Book Value$956,567EOYBookValueAmt
EOYFMV$9,552,651EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
BOTTLE NOTS INVESTMENTAT COST$50,000$50,000
MODO LABS INVESTMENT LLCAT COST$198,766$198,766

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemBuildingsCategoryOrItemTxt
Cost Or Other Basis$614,334CostOrOtherBasisAmt
Accumulated Depreciation$26,253AccumulatedDepreciationAmt
Book Value$588,081BookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
INSURANCE$12,341$12,341
INVESTMENT EXPENSE$929$929
INVESTMENT PS EXPENSES$776$776
LLC FEES$1,600$1,600
PAYROLL TAXES$4,372$4,372
SUBSCRIPTIONS$402$402
SUPPLIES$2,452$2,452

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescACCRUED SALARIESDesc
BOY Book Value$3,047BOYBookValueAmt
EOY Book Value$7,480EOYBookValueAmt

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