LABY FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LABY FAMILY FOUNDATION (EIN 77-0496226)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-25
- IRS object ID
- 201402379349100060
- Schema version
- 2013v3.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-08-25T14:45:28-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 800525056 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LES SHAPIRO & COMPANY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BLVD 235 | AddressLine1 |
| City | WESTLAKE VILLAGE | City |
| State | CA | State |
| ZIP Code | 91362 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770496226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LABY FAMILY FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | C/O LES SHAPIRO & COMPANY LLP | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABY | BusinessNameControlTxt |
| Phone | 8057194820 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL NO 235 | AddressLine1 |
| City | WESTLAKE VILLAGE | City |
| State | CA | State |
| ZIP Code | 91362 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA LABY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8056448666 | PhoneNum |
| Signature | 2014-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LES SHAPIRO CPA | PreparerPersonNm |
| PTIN | P00310702 | PTIN |
| Phone | 8187107818 | PhoneNum |
| Preparation | 2014-08-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $639,521 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $315,576 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $291 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $291 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,466 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,641 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $49,073 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $169,744 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $49,073 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$2,631 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $369,775 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $55,005 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,110 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,800 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,668 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $476 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,054 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $128,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $128,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $138,154 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $128,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $231,621 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $55,005 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $14,336 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,888 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,888 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $115,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $115,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $115,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $189,462 | CorporateStockBOYAmt |
| Corporate Stock EOY | $340,046 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $415,636 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $15,447 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $70,184 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $61,142 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $103,997 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $26 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $289,455 | TotalAssetsBOYAmt |
| Total Assets EOY | $521,076 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $639,521 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $289,455 | UnrestrictedBOYAmt |
| Unrestricted EOY | $406,076 | UnrestrictedEOYAmt |
| Temporarily Restricted EOY | $115,000 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $289,455 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $521,076 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $289,455 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $521,076 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $289,455 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $231,621 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $521,076 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $521,076 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PITNEY BOWES | P | 2009-10-30 | 2013-06-15 | $15,000 | $15,447 | -$447 | -$447 |
| CHEVRONTEXACO CORP | P | 2002-02-08 | 2013-03-04 | $5,852 | $2,055 | $3,797 | $3,797 |
| COCA COLA COMPANY | P | 2009-12-10 | 2013-03-14 | $3,890 | $2,929 | $961 | $961 |
| CONOCO PHILLIPS | P | 2005-12-22 | 2013-11-25 | $3,633 | $4,644 | -$1,011 | -$1,011 |
| COSTCO WHOLESALE CORP | P | 2011-12-28 | 2013-05-21 | $5,637 | $4,209 | $1,428 | $1,428 |
| DOMINION | P | 2005-12-22 | 2013-03-04 | $5,623 | $3,966 | $1,657 | $1,657 |
| DOMINION | P | 2005-12-22 | 2013-03-14 | $5,629 | $3,966 | $1,663 | $1,663 |
| DOMINION | P | 2005-12-22 | 2013-04-02 | $5,841 | $3,966 | $1,875 | $1,875 |
| DOMINION | P | 2005-12-22 | 2013-05-21 | $6,037 | $3,966 | $2,071 | $2,071 |
| DONALDSON COMPANY, INC. | P | 2007-12-12 | 2013-02-05 | $1,505 | $908 | $597 | $597 |
| DONALDSON COMPANY, INC. | P | 2009-12-10 | 2013-02-05 | $3,763 | $2,103 | $1,660 | $1,660 |
| JOHNSON & JOHNSON | P | 2009-12-10 | 2013-12-06 | $4,686 | $3,239 | $1,447 | $1,447 |
| MCDONALDS CORP. | D | 2011-12-28 | 2013-05-21 | $5,105 | $4,979 | $126 | $126 |
| MCDONALDS CORP. | D | 2011-12-28 | 2013-10-21 | $4,704 | $4,979 | -$275 | -$275 |
| NOBLE ENERGY INC. | P | 2010-12-13 | 2013-10-21 | $3,598 | $4,121 | -$523 | -$523 |
| PROCTER & GAMBLE | P | 2005-06-22 | 2013-03-14 | $7,717 | $5,439 | $2,278 | $2,278 |
| TEVA PHARMACEUTICALS | P | 2006-12-26 | 2013-10-21 | $4,030 | $3,167 | $863 | $863 |
| TEVA PHARMACEUTICALS | P | 2006-12-26 | 2013-11-25 | $4,032 | $3,167 | $865 | $865 |
| VISA INC. | D | 2011-12-28 | 2013-04-02 | $4,203 | $2,518 | $1,685 | $1,685 |
| ENTERPRISE PRODUCTS PARTNERS LP | P | 2010-12-13 | 2013-03-04 | $5,710 | $2,827 | $2,883 | $2,883 |
| ENTERPRISE PRODUCTS PARTNERS LP | P | 2010-12-13 | 2013-04-02 | $6,083 | $2,827 | $3,256 | $3,256 |
| ENTERPRISE PRODUCTS PARTNERS LP | P | 2010-12-13 | 2013-05-21 | $6,229 | $2,827 | $3,402 | $3,402 |
| ENTERPRISE PRODUCTS PARTNERS LP | P | 2010-12-13 | 2013-11-25 | $6,330 | $2,827 | $3,503 | $3,503 |
| HCP INC. | P | 2005-12-22 | 2013-03-04 | $4,952 | $2,548 | $2,404 | $2,404 |
| HCP INC. | P | 2005-12-22 | 2013-04-02 | $5,041 | $2,548 | $2,493 | $2,493 |
| HCP INC. | P | 2005-12-22 | 2013-05-21 | $5,508 | $2,547 | $2,961 | $2,961 |
| KINDER MORGAN ENERGY | P | 2009-12-10 | 2013-05-21 | $4,417 | $651 | $3,766 | $3,766 |
| SIMON PPTY GROUP | P | 2010-12-13 | 2013-03-04 | $4,037 | $2,473 | $1,564 | $1,564 |
| SIMON PPTY GROUP | P | 2010-12-13 | 2013-04-02 | $3,997 | $2,474 | $1,523 | $1,523 |
| VORNADO REALTY TRUST | P | 2010-12-13 | 2013-08-29 | $8,164 | $8,177 | -$13 | -$13 |
| VISA INC. | P | 2010-12-13 | 2013-10-21 | $8,791 | $8,177 | $614 | $614 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $49,073 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $231,057 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $454,689 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.508165 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $188,743 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $497,423 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.379442 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $130,392 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $465,717 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.279981 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $244,819 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $442,302 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.553511 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $88,950 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $730,893 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.121700 | DistributionYr5Rt |
| Total Distribution | 1.842799 | TotalDistributionRt |
| Average Distribution | 0.368560 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $347,875 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $128,213 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $550 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $128,763 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $128,100 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,100 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,100 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,100 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,407 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,407 | TotalPaymentsAndCreditsAmt |
| Overpayment | $307 | OverpaymentAmt |
| Applied To ES Tax | $307 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LES SHAPIRO COMPANY LLP | IndividualWithBooksNm |
| Phone | 8057194820 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4195 E THOUSAND OAKS BL 235 | AddressLine1 |
| City | WESTLAKE VILLAGE | City |
| State | CA | State |
| ZIP Code | 91362 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JORDAN M LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | CEO | 1.00 | $0 | $0 | $0 |
| SANDRA LABY | ||||||||
| 1389 BEACHMONT STREET | VENTURA | CA | 93001 | SECRETARY/CFO | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $333,424 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $19,749 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $353,173 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $353,173 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,298 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $347,875 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,394 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,394 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,100 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,100 | TotalTaxAmt |
| Distributable Before Adj | $16,294 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $16,294 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $16,294 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $128,100 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $128,100 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $128,100 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,294 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $53,001 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $223,066 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $107,322 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $164,386 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $208,709 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $756,484 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $128,100 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $16,294 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $111,806 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $868,290 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $53,001 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $815,289 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $223,066 | ExcessFromYear4Amt |
| Excess From Year3 | $107,322 | ExcessFromYear3Amt |
| Excess From Year2 | $164,386 | ExcessFromYear2Amt |
| Excess From Year1 | $208,709 | ExcessFromYear1Amt |
| Excess From Current Year | $111,806 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JORDAN M LABY | ContributingManagerNm |
| Contributing Manager | SANDRA LABY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| VENTURA MUSIC FESTIVAL | |||||||
| 472 E SANTA CLARA ST | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $25,000 |
| CAMERATA PACIFICA | |||||||
| PO BOX 30116 | SANTA BARBARA | CA | 93130 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $17,000 |
| RUBICON THEATRE | |||||||
| 1006 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $22,000 |
| OJAI FESTIVAL LTD | |||||||
| PO BOX 185 | OJAI | CA | 93024 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| NEW WEST SYMPHONY | |||||||
| 800 HOBSON WAY | OXNARD | CA | 93030 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $15,100 |
| VENTURA COUNTY BALLET COMPANY | |||||||
| 505 POLI STREET SUITE 402 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| PROJECT BANDALOOP | |||||||
| 221 PINE STREET 4TH FLOOR | SAN FRANCISCO | CA | 94104 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $10,000 |
| OJAI VALLEY SERVICE FOUNDATION | |||||||
| PO BOX 831 | OJAI | CA | 93024 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| VENTURA COLLEGE FOUNDATION | |||||||
| 4667 TELEGRAPH ROAD | VENTURA | CA | 93003 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $3,000 |
| FOCUS ON THE MASTERS | |||||||
| 505 POLI STREET SUITE 405 | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $6,000 |
| OJAI PERFORMING ARTS THEATER | |||||||
| 113 S MONTGOMERY ST | OJAI | CA | 93023 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $1,000 |
| CHANNEL ISLANDS CHAMBER ORCHESTRA | |||||||
| 61 SAN BENITO | VENTURA | CA | 93004 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $5,000 |
| MUSEUM OF VENTURA COUNTY | |||||||
| 100 EAST MAIN STREET | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $1,000 |
| PROJECT UNDERSTANDING | |||||||
| 43 E VINCE ST | VENTURA | CA | 93001 | NONE | OTHER PUBLIC CHARITY | TO PROVIDE RESOURCES FOR THE PURPOSE OF TRANSFORMING LIVES AND COMMUNITY THROUGH JUSTICE, MERCY AND COMPASSION. | $1,000 |
| TRACY HUDAK POLITICAL ARTS | |||||||
| 230 W 7TH ST | OXNARD | CA | 93030 | NONE | OTHER PUBLIC CHARITY | TO FURTHER ADVANCEMENT IN THE ARTS | $2,000 |
| JEWISH FEDERATION | |||||||
| 6505 WILSHIRE BLVD | LOS ANGELES | CA | 90048 | NONE | OTHER PUBLIC CHARITY | TO ASSURE THE CONTINUITY OF JEWISH PEOPLE AND ITS COMMUNITIES. | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $128,100 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $291 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,466 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $49,073 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|
| KINDER MORGAN ENERGY PARTNERS, L.P. | -$1,660 |
| ENTERPRISE PRODUCT PARTNERS LP | -$971 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,631 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,757 | ExclusionAmt |
| Related Or Exempt Function Incm | $49,073 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $54,199 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1 | INVESTMENT SECURITIES WERE DISPOSED OF IN ORDER TO REINVEST FUNDS IN |
| 2 | ASSETS THAT WOULD GENERATE A HIGHER RATE OF RETURN. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| JORDAN SANDRA LABY | |||||||
| 1 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $63,391 | Yes (X) | |
| JORDAN SANDRA LABY | |||||||
| 2 | 1389 BEACHMONT STREET | VENTURA | CA | 93001 | $252,185 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $252,185 | FairMarketValueAmt |
| Received | 2013-12-20 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $3,110 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PITNEY BOWES | BondNm |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100 SHS PROCTER & GAMBLE | $0 | $0 |
| 150 SHRS NOBLE ENERGY INC | $4,121 | $10,217 |
| 170/100 SHS UNITED TECHNOLOGIES | $7,336 | $11,380 |
| 200 SHRS COSTCO WHOLESALE CORP. | $4,209 | $5,951 |
| 200 SHRS MCDONALDS CORP. | $9,958 | $9,703 |
| 400 SHRS THE SOUTHERN COMPANY | $15,776 | $16,444 |
| 200 SHS CHEVRON CORP | $6,166 | $18,737 |
| 200 SHS COCA COLA COMPANY | $12,791 | $16,524 |
| 250 SHRS VISA INC. | $7,554 | $16,701 |
| 250 SHS DONALDSON COMPANY, INC. | $4,540 | $8,692 |
| 250 SHS JOHNSON & JOHNSON | $9,716 | $13,739 |
| 300 SHS QUALCOMM INC. | $11,259 | $22,275 |
| 300 SHS TEVA PHARM INDS LTD ADRF | $20,743 | $21,042 |
| 40 SHR APPLE, INC. | $12,822 | $22,441 |
| 50 SHS APPLE INC | $3,929 | $11,220 |
| 500/300 SHS CONOCO PHILLIPS | $23,218 | $17,663 |
| 800/600 SHS DOMINION RES INC VA NEW | $3,966 | $6,469 |
| AQUA AMERICA INC. | $8,302 | $8,257 |
| BOEING CO. | $19,817 | $19,791 |
| EXXON MOBIL CORPORATION | $19,736 | $20,240 |
| GILEAD SCIENCES INC. | $29,864 | $30,040 |
| INTEL CORP. | $5,010 | $5,191 |
| INTERNATIONAL BUSINESS MACHINE | $9,001 | $9,379 |
| INTUITIVE SURGICAL | $36,435 | $38,408 |
| LINEAR TECHNOLOGY CORP. | $8,960 | $9,110 |
| PHILLIPS 66 | $22,209 | $23,139 |
| PROCTER & GAMBLE | $8,184 | $8,141 |
| VERIZON COMMUNICATIONS | $14,424 | $14,742 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1000/750 SHS HEALTH CARE PPTY INV INC | AT COST | $7,643 | $10,896 |
| 250 SHRS SIMON PPTY GROUP | AT COST | $9,895 | $15,216 |
| 300 SHRS VORNADO REALTY TRUST | AT COST | $0 | $0 |
| 400/300 SHS KINDER MORGAN ENERGY LP UNIT | AT COST | $156 | $20,164 |
| 700 SHRS ENTERPRISE PRD PRTNERS LP | AT COST | $6,164 | $19,889 |
| POWERSHARES EXCHANGE TRADE FUND | AT COST | $25,690 | $26,220 |
| SPDR GOLD TRUST | AT COST | $11,594 | $11,612 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST RECEIVABLE | Desc |
| BOY Book Value | $26 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE EXPENSES | Desc |
| Revenue And Expenses Per Books | $476 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| KINDER MORGAN ENERGY PARTNERS, L.P. | -$1,660 | -$1,660 |
| ENTERPRISE PRODUCT PARTNERS LP | -$971 | -$971 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)
| Balance DueBalanceDueAmt |
|---|
| KARYL LYNN BURNS |
| $35,000 |
| RUBICON THEATRE |
| $80,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $4,800 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORDAN SANDRA LABY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1389 BEACHMONT STREET | AddressLine1 |
| City | VENTURA | City |
| State | CA | State |
| ZIP Code | 930014225 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $1,668 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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