BETA

NATIONAL FOUNDATION FOR YOUTH INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
NATIONAL FOUNDATION FOR YOUTH INC (EIN 59-3184658)
Tax period
2013-07-01 to 2014-06-30
Filed
2014-11-14
IRS object ID
201443189349300344
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 ReturnHeader

FieldValueIRS element (for citing)
Return2014-11-14T07:56:41-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592369629PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CARR RIGGS & INGRAM LLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1215 BAYTREE DRIVE SUITE 1AddressLine1
CityMELBOURNECity
StateFLState
ZIP Code329402195ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593184658EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL FOUNDATION FOR YOUTH INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone3216312022PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1516 DELANNOY AVEAddressLine1
CityCOCOACity
StateFLState
ZIP Code32922ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES T SWANN IIIPersonNm
Person TitleCHAIRMAN, DIRECTOR, TREASURERPersonTitleTxt
Phone3216312022PhoneNum
Signature2014-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARBARA J OSWALT CPAPreparerPersonNm
PTINP00124238PTIN
Phone3212550088PhoneNum
Preparation2014-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES T SWANN IIIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1516 DELANNOY AVEAddressLine1
CityCOCOACity
StateFLState
ZIP Code32922ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$13,823,691GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO RAISE, MAINTAIN AND ADMINISTER FUNDS TO NON-PROFIT ORGANIZATIONS PROVIDING EDUCATIONAL, REHABILITATIVE, THERAPEUTIC AND ENVIRONMENTAL PROGRAMS FOR YOUTH AND YOUNG ADULTS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,171,469PYInvestmentIncomeAmt
CY Investment Income$1,992,998CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,171,469PYTotalRevenueAmt
CY Total Revenue$1,992,998CYTotalRevenueAmt
PY Grants And Similar Paid$1,784,840PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,384,386CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$24,500PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$30,000CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$185,534PYOtherExpensesAmt
CY Other Expenses$226,310CYOtherExpensesAmt
PY Total Expenses$1,994,874PYTotalExpensesAmt
CY Total Expenses$2,640,696CYTotalExpensesAmt
PY Revenues Less Expenses$176,595PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$647,698CYRevenuesLessExpensesAmt
Total Assets BOY$55,004,215TotalAssetsBOYAmt
Total Assets EOY$62,637,771TotalAssetsEOYAmt
Total Liabilities BOY$424,236TotalLiabilitiesBOYAmt
Total Liabilities EOY$825,784TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$54,579,979NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$61,811,987NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE A CHANNEL OF SUPPORT FOR CHARITABLE ORGANIZATIONS WHICH PROVIDE NON-TRADITIONAL OR INNOVATIVE PROGRAMS OF EDUCATION, REHABILITATION AND INTERVENTION FOR AT-RISK CHILDREN, YOUTH AND YOUNG ADULTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,384,386ExpenseAmt
Grant$2,384,386GrantAmt
DescRAISED FUNDS AND GRANTED THEM TO ORGANIZATIONS SUCH AS ECKERD YOUTH ALTERNATIVES, INC. AND THE FLORIDA STATE UNIVERSITY FOUNDATION WHICH PROVIDES PROGRAMS FOR INTERVENTION AND EDUCATION FOR AT-RISK CHILDREN, YOUTH AND YOUNG ADULTS.Desc
Total Program Service Expenses$2,384,386TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES SWANNBusinessNameLine1
FieldValueIRS element (for citing)
Phone3216312022PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1516 DELANNOY AVEAddressLine1
CityCOCOACity
StateFLState
ZIP Code32922ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAMES SWANN
CHAIRMAN1.000.30Yes (X)Yes (X)$3,000$0$0
NANCY ECKERD NICHOLS
DIRECTOR7.000.30Yes (X)$18,000$0$0
CHERYL E ERNST
DIRECTOR1.00Yes (X)$3,000$0$0
RICHARD ECKERD
DIRECTOR1.00Yes (X)$3,000$0$0
JOHN PHILLIP SHORT
DIRECTOR2.00Yes (X)$5,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$32,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,142,424TotalRevenueColumnAmt
Exclusion$1,142,424ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$12,681,267SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$11,830,693SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$850,574SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$850,574TotalRevenueColumnAmt
Exclusion$850,574ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,992,998TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,992,998ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,384,386TotalAmt
Program Services$2,384,386ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Management And General$30,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,702TotalAmt
Management And General$1,702ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,737TotalAmt
Management And General$22,737ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$175,261TotalAmt
Management And General$175,261ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$135TotalAmt
Management And General$135ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,317TotalAmt
Management And General$16,317ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,600TotalAmt
Management And General$6,600ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescCONSULTINGDesc
Total$3,558TotalAmt
Management And General$3,558ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,640,696TotalAmt
Program Services$2,384,386ProgramServicesAmt
Management And General$256,310ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$41,078BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,600BOYAmt
EOY$7,001EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$53,422,796BOYAmt
EOY$61,291,118EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,533,741BOYAmt
EOY$1,339,652EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$55,004,215BOYAmt
EOY$62,637,771EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$424,236BOYAmt
EOY$825,784EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$424,236BOYAmt
EOY$825,784EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,355,364BOYAmt
EOY$40,258,905EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,224,615BOYAmt
EOY$21,553,082EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$54,579,979BOYAmt
EOY$61,811,987EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$55,004,215BOYAmt
EOY$62,637,771EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$647,698ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$7,879,706NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Non FuncYes (X)SupportingOrgType3NonFuncInd
CertificationYes (X)CertificationInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ECKERD YOUTH ALTERNATIVES INCBusinessNameLine1
FieldValueIRS element (for citing)
EIN592551416EIN
Organization Type2OrganizationTypeDesc
Governing Document ListedYes (1)GoverningDocumentListedInd
Supported Org NotifiedYes (1)SupportedOrgNotifiedInd
US OrganizedYes (1)USOrganizedInd
Support$2,374,386SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$2,374,386SupportSumAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,224,615BeginningYearBalanceAmt
Investment Earnings Or Losses$2,328,467InvestmentEarningsOrLossesAmt
End Year Balance$21,553,082EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,732,886BeginningYearBalanceAmt
Investment Earnings Or Losses$1,491,729InvestmentEarningsOrLossesAmt
End Year Balance$19,224,615EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,062,563BeginningYearBalanceAmt
Investment Earnings Or Losses-$329,677InvestmentEarningsOrLossesAmt
End Year Balance$17,732,886EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,508,927BeginningYearBalanceAmt
Investment Earnings Or Losses$1,553,636InvestmentEarningsOrLossesAmt
End Year Balance$18,062,563EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,656,509BeginningYearBalanceAmt
Investment Earnings Or Losses$852,418InvestmentEarningsOrLossesAmt
End Year Balance$16,508,927EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:AN AMOUNT EQUAL TO ONE PERCENT OF THE AVERAGE MARKET VALUE OF THE PERMANENT ENDOWMENT FUND (BASED ON THE EIGHT PRECEDING QUARTERS) IS DISTRIBUTED QUARTERLY TO ECKERD YOUTH ALTERNATIVES, INC., A FLORIDA NON-PROFIT CORPORATION.
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THEREFORE, ONLY INCOME FROM BUSINESS UNRELATED TO THE FOUNDATION'S CHARITABLE PURPOSE IS SUBJECT TO FEDERAL OR STATE INCOME TAX. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2014, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE FOUNDATION HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2
ECKERD YOUTH ALTERNATIVES INC
100 NORTH STARCREST DRIVECLEARWATERFL33765592551416501(C)(3)$2,374,386SUPPORT THE GROUP'S PROGRAMS OF EDUCATION FOR AT-RISK CHILDREN & ADULTS.
THE FLORIDA STATE UNIVERSITY FOUNDATION
2010 LEVY AVENUE BUILDING B SUITETALLAHASSEEFL32310596152180501(C)(3)$10,000PROVIDE FUNDS TO THE REUBIN O'D. ASKEW EDUCATION ENDOWMENT300
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
JAMES SWANN
BOARD MEMBER$2,374,386GRANTS0
NANCY ECKERD NICHOLS
BOARD MEMBER$2,374,386GRANTS0
JAMES SWANN
BOARD MEMBER$1,535ACCOUNTING SERVICESYes (1)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2EXCEPT FOR JOHN SHORT, WHO IS THE GRANDSON OF RUTH ECKERD, AND CHERYL ERNST, WHO IS THE GRANDDAUGHTER OF JACK ECKERD, THE REST OF THE DIRECTORS ARE ALL CHILDREN OF JACK AND RUTH ECKERD, FOUNDERS OF ECKERD YOUTH ALTERNATIVES, INC., ONE OF THE ORGANIZATIONS TO WHICH GRANTS ARE GIVEN.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS PROVIDED AND REVIEWED BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD MEMBERS AND STAFF ARE EXPECTED TO DISCLOSE CONFLICTS OR THE APPEARANCE THEREOF AS SOON AS IT IS APPARENT.
FORM 990, PART VI, SECTION B, LINE 15ATTORNEY REVIEWS AND GIVES APPROVAL.
FORM 990, PART VI, SECTION C, LINE 19THE STATEMENT OF POLICIES ARE AVAILABLE UPON REQUEST.
SCH L PART IV - BUSINESS RELATIONSHIP WITH AN INTERESTED PARTY:JAMES SWANN, BOARD DIRECTOR, OWNS 50% OF EKS, INC, A COMPANY TO WHICH FEES WERE PAID FOR ACCOUNTING SERVICES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ECKERD YOUTH ALTERNATIVES INCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 STARCREST DRIVEAddressLine1
CityCLEARWATERCity
StateFLState
ZIP Code33765ZIPCode
FieldValueIRS element (for citing)
EIN592551416EIN
Primary ActivitiesPROVIDES PROGRAMS FOR INTERVENTION AND EDUCATION FOR AT-RISK CHILDREN, YOUTHPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status170(B)(1)(A)(II)PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.