GEORGE KIRVIN FLOYD FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GEORGE KIRVIN FLOYD FOUNDATION INC (EIN 26-1604802)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-17
IRS object ID
201533219349100608
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)
Return2015-11-17T11:15:13-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593721216PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBERSON & ASSOCIATES PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1116A SAILORS COVE DRAddressLine1Txt
CityPORT SAINT JOECityNm
State AbbreviationFLStateAbbreviationCd
ZIP324561890ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN261604802EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGE KIRVIN FLOYD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone7703645713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CitySAINT GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE KIRVIN FLOYDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7703645713PhoneNum
Signature2015-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRALPH C ROBERSON CPAPreparerPersonNm
PTINP00149032PTIN
Phone8502273838PhoneNum
Preparation2015-11-17PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$1,756,641FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$53,403InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$53,403InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$53,403InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$77,208DividendsRevAndExpnssAmt
Dividends Net Invst Incm$77,208DividendsNetInvstIncmAmt
Dividends Adj Net Incm$77,208DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$39,256NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$124,852GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$24,852CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$131,952OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$131,952OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$131,952OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$301,819TotalRevAndExpnssAmt
Total Net Invst Incm$287,415TotalNetInvstIncmAmt
Total Adj Net Incm$262,563TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$10,419OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$10,419TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$498,366ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$498,366ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$508,785TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$498,366TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$206,966ExcessRevenueOverExpensesAmt
Net Investment Income$287,415NetInvestmentIncomeAmt
Adjusted Net Income$262,563AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$645CashBOYAmt
Cash EOY$645CashEOYAmt
Cash EOYFMV$645CashEOYFMVAmt
Sav And Temp Cash Invst BOY$3,663SavAndTempCashInvstBOYAmt
Corporate Bonds BOY$2,175,080CorporateBondsBOYAmt
Corporate Bonds EOY$1,971,777CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,755,996CorporateBondsEOYFMVAmt
Total Assets BOY$2,179,388TotalAssetsBOYAmt
Total Assets EOY$1,972,422TotalAssetsEOYAmt
Total Assets EOYFMV$1,756,641TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$2,179,388RetainedEarningBOYAmt
Retained Earning EOY$1,972,422RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,179,388TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,972,422TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,179,388TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,972,422TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,179,388TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$206,966ExcessRevenueOverExpensesAmt
Subtotal$1,972,422SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,972,422TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$24,852CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxYes (true)LiableSection4942TaxInd

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,748InvestmentIncomeExciseTaxAmt
Subtotal$5,748SubtotalAmt
Tax Based On Investment Income$5,748TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$39EsPenaltyAmt
Tax Due$5,787TaxDueAmt

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 StateFLOrgReportOrRegisterStateCd
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 BooksGEORGE KIRVIN FLOYDIndividualWithBooksNm
Phone7703645713PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1957 EAST PINE AVENUEAddressLine1Txt
CityST GEORGE ISLANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32328ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GEORGE KIRVIN FLOYD
957 EAST PINE AVENUEST GEORGE ISLANDFL32328PRES/TREASUR1.00$0$0$0
JAMES C FLOYD
6224 WAKE ROBIN LANETALLAHASSEEFL32309VICE PRES1.00$0$0$0
JENNIFER F VAN HEUSEN
442 TOMBFIELD ROADCAMDENSC29020SECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$193,193AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$14,712AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$207,905TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$207,905AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,119CashDeemedCharitableAmt
Net Vl Noncharitable Assets$204,786NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,239MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,239MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,748TaxBasedOnInvestmentIncomeAmt
Total Tax$5,748TotalTaxAmt
Distributable Before Adj$4,491DistributableBeforeAdjAmt
Distributable Before Ded$4,491DistributableBeforeDedAmt
Distributable As Adjusted$4,491DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$498,366ExpensesAndContributionsAmt
Qualifying Distributions$498,366QualifyingDistributionsAmt
Adjusted Qualifying Distri$498,366AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,491DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$150,426ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$395,191ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$545,617TotalExcessDistributionCyovAmt
Qualifying Distributions$498,366QualifyingDistributionsAmt
Applied To Current Year$4,491AppliedToCurrentYearAmt
Remaining Distri From Corpus$493,875RemainingDistriFromCorpusAmt
Total Corpus$1,039,492TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,039,492ExcessDistriCyovToNextYrAmt
Excess From Year2$150,426ExcessFromYear2Amt
Excess From Year1$395,191ExcessFromYear1Amt
Excess From Current Year$493,875ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1APALACHICOLA MARITIME MUSEUMBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1103 WATER STREETAddressLine1Txt
CityAPALACHICOLACityNm
State AbbreviationFLStateAbbreviationCd
ZIP32320ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPUBLICRecipientFoundationStatusTxt
Grant Or Contribution PurposeEDUCATIONGrantOrContributionPurposeTxt
Amt$498,366Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$498,366TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$53,403ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$77,208ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$131,952ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,852ExclusionAmt
Related Or Exempt Function Incm$14,404RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$287,415ExclusionAmt
Related Or Exempt Function Incm$14,404RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$301,819TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
PIMCO HIGH YIELD2013-10PURCHASE2014-01$20,526$20,526
PIMCO HIGH YIELD2013-04PURCHASE2014-01$19,474$20,020-$546
GENERAL ELECTRIC2009-06PURCHASE2014-06$60,000$45,050$14,950

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE HOLDINGSBondNm
EOY Book Value$1,971,777EOYBookValueAmt
EOYFMV$1,755,996EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$10,419

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INVESTMENT INCOMEDesc
Revenue And Expenses Per Books$131,952RevenueAndExpensesPerBooksAmt
Net Investment Income$131,952NetInvestmentIncomeAmt
Adjusted Net Income$131,952AdjustedNetIncomeAmt

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