WAHOOS FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WAHOOS FAMILY FOUNDATION (EIN 45-0472265)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-12
IRS object ID
201542249349100964
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)
Return2015-08-12T17:23:21-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205222574PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Castle & Company IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125301 Cabot Road Suite 201AddressLine1Txt
CityLaguna HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92653ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450472265EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WAHOOS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAHOBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12855 PULLMAN STREETAddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92705ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENATO LEEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9492220670PhoneNum
Signature2015-08-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteven J CastlePreparerPersonNm
PTINP00176907PTIN
Phone9498876959PhoneNum
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$660,695FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,739InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$826InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$826InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$7,822DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,822DividendsNetInvstIncmAmt
Dividends Adj Net Incm$7,822DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,406NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,656,810GrossSalesPriceAmt
Total Rev And Expnss$26,155TotalRevAndExpnssAmt
Total Net Invst Incm$8,648TotalNetInvstIncmAmt
Total Adj Net Incm$8,648TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$65LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$65LegalFeesNetInvstIncmAmt
Accounting Fees Rev And Expnss$915AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$915AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,624TaxesRevAndExpnssAmt
Taxes Net Invst Incm$110TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$8,307OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$8,307OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,911TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,397TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$42,343ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$42,343ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$55,254TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,397TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$42,343TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,099ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$8,648AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$38,269CashBOYAmt
Cash EOY$32,133CashEOYAmt
Cash EOYFMV$32,133CashEOYFMVAmt
Corporate Stock BOY$663,337CorporateStockBOYAmt
Corporate Stock EOY$640,374CorporateStockEOYAmt
Corporate Stock EOYFMV$628,562CorporateStockEOYFMVAmt
Total Assets BOY$701,606TotalAssetsBOYAmt
Total Assets EOY$672,507TotalAssetsEOYAmt
Total Assets EOYFMV$660,695TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$701,606UnrestrictedBOYAmt
Unrestricted EOY$672,507UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$701,606TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$672,507TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$701,606TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$672,507TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$701,606TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,099ExcessRevenueOverExpensesAmt
Subtotal$672,507SubtotalAmt
Tot Net Ast Or Fund Balances EOY$672,507TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySEE ATTACHEDPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2014-01-01AcquiredDt
Sold2014-12-31SoldDt
Gross Sales Price$1,656,810GrossSalesPriceAmt
Cost Or Other Basis$1,661,216CostOrOtherBasisAmt
Gain Or Loss-$4,406GainOrLossAmt
Gains Minus Excess Or Losses-$4,406GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,406CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$4,406NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Adj Net Vl Noncharitable Assets$0AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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
Individual With BooksRENATO LEEIndividualWithBooksNm
Phone9492220670PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12855 PULLMAN STREETAddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92705ZIPCd
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
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
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
EDUARDO LEE
2855 PULLMAN STREETSANTA ANACA92705DIRECTOR1.00$0$0$0
RENATO LEE
2855 PULLMAN STREETSANTA ANACA92705DIRECTOR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE ENTITY ONLY EXISTS TO FURTHER THE WORK OF OTHER QUALIFIED NON-PROFIT 501C3 ORGANIZATIONS AND DOES NOT CONDUCT AY OF ITS OWN ACTIVITIESDescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$35,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$650,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$685,000TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$685,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,275CashDeemedCharitableAmt
Net Vl Noncharitable Assets$674,725NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,736MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,736MinimumInvestmentReturnAmt
Distributable Before Adj$33,736DistributableBeforeAdjAmt
Distributable Before Ded$33,736DistributableBeforeDedAmt
Distributable As Adjusted$33,736DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$42,343ExpensesAndContributionsAmt
Qualifying Distributions$42,343QualifyingDistributionsAmt
Adjusted Qualifying Distri$42,343AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$33,736DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,696ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$18,743ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$50,225ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$70,664TotalExcessDistributionCyovAmt
Qualifying Distributions$42,343QualifyingDistributionsAmt
Applied To Current Year$33,736AppliedToCurrentYearAmt
Remaining Distri From Corpus$8,607RemainingDistriFromCorpusAmt
Total Corpus$79,271TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,696ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$77,575ExcessDistriCyovToNextYrAmt
Excess From Year4$18,743ExcessFromYear4Amt
Excess From Year1$50,225ExcessFromYear1Amt
Excess From Current Year$8,607ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEWPORT HARBOR HIGH SCHOOL
600 IRVINE AVENUENEWPORT BEACHCA92663NONEGOVFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$2,500
THOMAS HOUSE FAMILY SHELTER
PO BOX 2737GARDEN GROVECA92842NONEPCFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$5,993
SHARE OUR STRENGTH
1030 15TH STREET NW SUITE 1100 WWASHINGTONDC20005NONEPCFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$5,000
AFRICAN WILDLIFE FOUNDATION
1400 SIXTEENTH STREET NW SUITE 120WASHINGTONDC20036NONEPCTO SUPPORT THE CARE OF ANIMALS IN NEED$1,000
SOMEONE CARES SOUP KITCHEN
720 W 19TH STREETCOSTA MESACA92626NONEPCONGOING COMMUNITY SERVICE$5,000
BEST FRIENDS ANIMAL SANCTUARY
5001 ANGEL CANYON ROADKANABUT84741NONEPCTO SUPPORT THE CARE OF ANIMALS IN NEED$1,000
DOCTORS WITHOUT BORDERS
333 7TH AVENUE 2ND FLNEW YORKNY10001NONEPCFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$10,000
CONSERVATION FUND
1655 N FORT MYER DRIVE SUITE 1300ARLINGTONVA22209NONEPCFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$1,000
ASPCA
424 E 92ND STREETNEW YORKNY10128NONEPCTO SUPPORT THE CARE OF ANIMALS IN NEED$500
ST JUDE CHILDRENS HOSPITAL
501 ST JUDE PLACEMEMPHISTN38105NONEPCSUPPORT MEDICAL TREATMENT & RESEARCH FOR CHILDREN$10,000
VARIOUS SMALL DONATIONS 1000
LOCALSANTA ANACA92705NONEPCFUND ONGOING SERVICES FOR NEEDS WI THE COMMUNITY$350
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$42,343TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$826ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,822ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,648ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,648TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
EDUARDO LEE
112 BARISTOIRVINECA92612$10,000Yes (X)
RENATO LEE
2335 WALNUT STREETCOSTA MESACA92627$10,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$915Amt
Net Investment Income$915NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENTSStockNm
EOY Book Value$640,374EOYBookValueAmt
EOYFMV$628,562EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$65LegalFeesAmt
Net Investment Income$65NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Revenue And Expenses Per Books$8,307RevenueAndExpensesPerBooksAmt
Net Investment Income$8,307NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL TAX$3,514$0$0$0
STATE TAX$10$10$0$0
FOREIGN TAX$100$100$0$0

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