DESAI FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- DESAI FOUNDATION (EIN 20-5845478)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-03
- IRS object ID
- 201321239349100712
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-03T11:39:55-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSTAFA M AFR PHD CPA PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26300 TELEGRAPH RD FL 2 | AddressLine1 |
| City | SOUTHFIELD | City |
| State | MI | State |
| ZIP Code | 48033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205845478 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DESAI FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DESA | NameControl |
| Phone | 2483592305 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 26300 TELEGRAPH RD - 2ND FLOOR | AddressLine1 |
| City | SOUTHFIELD | City |
| State | MI | State |
| ZIP Code | 48033 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SAROJINI H DESAI | Name |
| Title | PRESIDENT | Title |
| Phone | 2483592305 | Phone |
| Date Signed | 2007-05-23 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MOSTAFA M AFR | Name |
| Phone | 2483592300 | Phone |
| Date Prepared | 2013-04-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 466336 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 190000 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 3463 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 3463 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 3463 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 721 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 721 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 721 | DividendsAdjNetIncm |
| Total Revenue And Expenses | 194184 | TotalRevenueAndExpenses |
| Total Net Investment Income | 4184 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 4184 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 180 | TaxesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 180 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 96890 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 96890 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 97070 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 96890 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 97114 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 4184 | NetInvestmentIncome |
| Adjusted Net Income | 4184 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 119856 | CashBOY |
| Cash EOY | 238345 | CashEOY |
| Cash EOYFMV | 238345 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 369498 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 348123 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 227991 | SavingsAndTempCashInvstEOYFMV |
| Total Assets BOY | 489354 | TotalAssetsBOY |
| Total Assets EOY | 586468 | TotalAssetsEOY |
| Total Assets EOYFMV | 466336 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 489354 | UnrestrictedBOY |
| Unrestricted EOY | 586468 | UnrestrictedEOY |
| Total Net Assets BOY | 489354 | TotalNetAssetsBOY |
| Total Net Assets EOY | 586468 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 489354 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 586468 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 489354 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 97114 | ExcessOfRevenueOverExpenses |
| Subtotal | 586468 | Subtotal |
| Total Net Assets Fund Balances EOY | 586468 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 12069 | QualifyingDistributionsYear1 |
| Qualifying Distributions Year2 | 31232 | QualifyingDistributionsYear2 |
| Qualifying Distributions Year3 | 10370 | QualifyingDistributionsYear3 |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| One Percent Net Investment Income | 42 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 42 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 96890 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 42 | InvestmentIncomeExciseTax |
| Subtotal | 42 | Subtotal |
| Tax Based On Investment Income | 42 | TaxBasedOnInvestmentIncome |
| Tax Due | 42 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A&A MANAGEMENT LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2483592300 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26300 TELEGRAPH RD | AddressLine1 |
| City | SOUTHFIELD | City |
| State | MI | State |
| ZIP Code | 48033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| SAROJINI DESAI | ||||||||
| 3365 INDIAN SUMMER DR | BLOOMFIELD HILLS | MI | 48302 | PRESIDENT | 1.00 | 0 | 0 | 0 |
| HARSHAD DESAI | ||||||||
| 3365 INDIAN SUMMER DR | BLOOMFIELD HILLS | MI | 48302 | VICE-PRES | 1.00 | 0 | 0 | 0 |
| SAROJINI DESAI | ||||||||
| 3365 INDIAN SUMMER DR | BLOOMFIELD HILLS | MI | 48302 | TREASURER | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 42 | TaxBasedOnInvestmentIncome |
| Total Tax | 42 | TotalTax |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 96890 | ExpensesAndContributions |
| Qualifying Distributions | 96890 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 42 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 96848 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 10370 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 31269 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 12249 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 53888 | TotalExcessDistriCarryover |
| Qualifying Distributions | 96890 | QualifyingDistributions |
| Remaining Distri From Corpus | 96890 | RemainingDistriFromCorpus |
| Total Corpus | 150778 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 150778 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 10370 | ExcessFromYear3 |
| Excess From Year2 | 31269 | ExcessFromYear2 |
| Excess From Year1 | 12249 | ExcessFromYear1 |
| Excess From Current Year | 96890 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| SRI SHIRDI SAIBABA TEMPLE | |||||||
| 28875 W7 MILE RD | LIVONA | MI | 48152 | NONE | NOT FOR PROF | CHARITY | $21 |
| SHRI HARINAM SANKIRTAN MANDAL | |||||||
| 42611 KEYSTONE | CANTON | MI | 48187 | NONE | NOT FOR PROF | CHARITY | $517 |
| THE HINDU TEMPLE OF CANTON | |||||||
| 44955 CHERRY HILL RD | CANTON | MI | 48188 | NONE | NOT FOR PROF | CHARITY | $22 |
| IHRF | |||||||
| 603 BEDFORDSHIRE | LOUISVILLE | KY | 40222 | NONE | NOT FOR PROF | CHARITY | $85,201 |
| THE BHARATIYA TEMPLE | |||||||
| 6850 NORTH ADAMS RD | TROY | MI | 48098 | NONE | NOT FOR PROF | CHARITY | $10,074 |
| ISKCON TEMPLE | |||||||
| 383 LENOX AVE | DETRIOT | MI | 48215 | NONE | NONPROFIT | CHARITY | $1,055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 96890 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 3463 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 721 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 4184 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 4184 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| SAROJINI DESAI |
| HARSHAD DESAI |
| SAROJINI DESAI |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount |
|---|---|
| FORIGEN TAXES | |
| STATE | |
| IRS-TAX DUE | $180 |
Comments