COLEN FAMILY CHARITABLE TR: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- COLEN FAMILY CHARITABLE TR (EIN 83-6802589)
- Tax period
- 2024-04-01 to 2025-03-31
- Filed
- 2026-02-14
- IRS object ID
- 202600459349100505
- Schema version
- 2024v5.2
- 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
- Amortization Schedule
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-14T10:44:23-08:00 | ReturnTs |
| Tax Period End | 2025-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 592142260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CS&L CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 E KENNEDY BOULEVARD SUITE 1460 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 836802589 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Colen Family Charitable Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLE | BusinessNameControlTxt |
| Phone | 3523877492 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8435 SW 80th St 2 | AddressLine1Txt |
| City | Ocala | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34481 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth D Colen | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2026-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Susan O Thompson | PreparerPersonNm |
| PTIN | P00276728 | PTIN |
| Phone | 8134904490 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $188,167,103 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,777,324 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $81,258 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $81,258 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $81,258 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,442,502 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,442,502 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,442,502 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $80,138 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,530,119 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $80,138 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $3,314 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $11,067 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$7,753 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | -$7,753 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $5,444,784 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $5,444,784 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $10,818,253 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,603,898 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $7,960,791 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $101,319 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $101,319 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,972,396 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,993,330 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $634,568 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $635,743 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $155,631 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $155,743 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $110,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,360 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $1,360 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $108,840 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $107,588 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $13,681 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $13,681 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $94,978 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $272,661 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $439 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $439 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $246,536 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,391,877 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $660,768 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $660,082 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,035 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,035 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,432,382 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $5,444,784 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | -$4,065,605 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,846,425 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,480 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $5,460,264 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $938,001 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,846,425 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,480 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $5,460,264 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $938,001 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,971,828 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,588,418 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,500,527 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $669,948 | CashBOYAmt |
| Cash EOY | $1,031,912 | CashEOYAmt |
| Cash EOYFMV | $1,031,912 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $541,458 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $407,606 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $407,606 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $78,892 | AcctRcvblAmt |
| Acct Rcvbl BOY | $35,290 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $78,892 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $78,892 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $311,817 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $262,106 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $262,106 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $74,429 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $548,727 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $550,829 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,652,046 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,030,763 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,962,817 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,369,758 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,646,941 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,624,342 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $160,506,814 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $160,628,564 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $134,062,909 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $50,416,511 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,573,269 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $43,833,921 | LandBOYAmt |
| Land EOY | $46,843,242 | LandEOYAmt |
| Land EOYFMV | $46,843,242 | LandEOYFMVAmt |
| Other Assets BOY | $2,611,139 | OtherAssetsBOYAmt |
| Other Assets EOY | $342,448 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $342,448 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $211,606,620 | TotalAssetsBOYAmt |
| Total Assets EOY | $213,821,201 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $188,167,103 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,962,115 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,206,596 | AccountsPayableEOYAmt |
| Deferred Revenue EOY | $760 | DeferredRevenueEOYAmt |
| Total Liabilities BOY | $2,962,115 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,207,356 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $208,644,505 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $211,613,845 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $208,644,505 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $211,613,845 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $211,606,620 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $213,821,201 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $208,644,505 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,971,828 | ExcessRevenueOverExpensesAmt |
| Subtotal | $211,616,333 | SubtotalAmt |
| Other Decreases | $2,488 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $211,613,845 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Raymond James - Short Term | P | 2024-04-01 | 2025-03-31 | $3,157,761 | $3,172,835 | -$15,074 | -$15,074 |
| Raymond James - Long Term | P | 2023-04-01 | 2025-03-31 | $372,358 | $277,146 | $95,212 | $95,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $80,138 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$15,074 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,979 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,979 | SubtotalAmt |
| Tax Based On Investment Income | $35,979 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $35,979 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | iacafl.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rebecca Rogers | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3523877492 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8435 SW 80th Street Ste 2 | AddressLine1Txt |
| City | Ocala | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34481 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Kenneth D Colen | ||||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Trustee | 20.00 | $0 | ||
| Rebecca Rogers | ||||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Executive Dir | 25.00 | $97,644 | $1,575 | $2,100 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Vanessa Tillis Baxley | |||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Principal | 40.00 | $110,434 | $15,968 |
| Angela Swain | |||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Administrator | 40.00 | $110,346 | $13,602 |
| Hazel Jeanette Loera | |||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Administrator | 40.00 | $80,984 | $10,599 |
| Susan Schwartz DeMar | |||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Teacher | 40.00 | $75,619 | $12,364 |
| Tracy Cecil | |||||||
| 8345 SW 80th Street Ste 2 | Ocala | FL | 34481 | Elementary Teacher | 40.00 | $65,323 | $17,605 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 26 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ausley Construction Company LLC | |||||
| 1521 SE 36th Ave | Ocala | FL | 34471 | Construction Management | $1,430,595 |
| Circle Square Foundation | |||||
| 8435 SW 80th Street 2 | Ocala | FL | 34481 | Leased Employees | $357,619 |
| School Financial Services Inc | |||||
| 54 South Martin Street | Bonifay | FL | 32425 | Controller Services | $96,600 |
| De Los Angeles Cleaning Services Inc | |||||
| 314 Marion Oaks Course | Ocala | FL | 34473 | Cleaning Services | $122,656 |
| Nelson & Company LLC | |||||
| 3914 Beach Blvd Suite 100 | Jacksonville | FL | 32207 | HVAC Services | $105,336 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 6 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Maintenance and renovation of the Ina A. Colen Academy, A Charter school located in Marion County, Florida. | Description1Txt |
| Expenses1 | $1,973,247 | Expenses1Amt |
| Description2 | Operation and management of the Ina A Colen Academy providing education services to students in Kindergarten- 8th Grade in the Ocala, FL area | Description2Txt |
| Expenses2 | $6,536,331 | Expenses2Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $138,619,777 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,281,648 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $139,901,425 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $139,901,425 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,098,521 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $137,802,904 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,890,145 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $938,001 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $2,070,537 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $3,008,538 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2019-04-29 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,500,527 | CurrentYearAmt |
| Year1 | $3,273,726 | Year1Amt |
| Year2 | $4,424,128 | Year2Amt |
| Year3 | $3,193,054 | Year3Amt |
| Total | $13,391,435 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,125,448 | CurrentYearAmt |
| Year1 | $2,782,667 | Year1Amt |
| Year2 | $3,760,509 | Year2Amt |
| Year3 | $2,714,096 | Year3Amt |
| Total | $11,382,720 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,008,538 | CurrentYearAmt |
| Year1 | $4,912,098 | Year1Amt |
| Year2 | $14,938,158 | Year2Amt |
| Year3 | $7,348,616 | Year3Amt |
| Total | $30,207,410 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,008,538 | CurrentYearAmt |
| Year1 | $4,912,098 | Year1Amt |
| Year2 | $14,938,158 | Year2Amt |
| Year3 | $7,348,616 | Year3Amt |
| Total | $30,207,410 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,593,430 | CurrentYearAmt |
| Year1 | $4,751,068 | Year1Amt |
| Year2 | $5,371,589 | Year2Amt |
| Year3 | $5,418,471 | Year3Amt |
| Total | $20,134,558 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Service Revenue | Desc |
| Related Or Exempt Function Incm | $5,444,784 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $81,258 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,442,502 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $80,138 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 3 | ExclusionCd |
| Exclusion | -$7,753 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,596,145 | ExclusionAmt |
| Related Or Exempt Function Incm | $5,444,784 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,040,929 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Circle Square Foundation | ||||||
| 1 | 8435 SW 80th Street 2 | Ocala | FL | 34481 | $2,731,905 | Yes (X) |
| Kenneth D Colen | ||||||
| 2 | 8435 SW 80th Street | Ocala | FL | 34481 | $10,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Accounting Fees | $13,600 | $1,360 | $1,360 | $12,240 |
| Controller Service | $96,600 | $0 | $0 | $96,600 |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | Trademark Branding | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2021-05-28 | AcquiredCompletedOrExpendedDt |
| Amortized | $465 | AmortizedAmt |
| Deduction For Prior Years | $88 | DeductionForPriorYearsAmt |
| Amortization Period | 15.0000 | AmortizationPeriodRt |
| Current Year Amortization | $31 | CurrentYearAmortizationAmt |
| Total Amortization | $119 | TotalAmortizationAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rebecca Rogers | PersonNm |
| Short Explanation | The Colen Family Charitable Trust is party to a shared expense agreement. The officer compensation shown in part VII reflects the costs allocable to The Colen Family Charitable Trust. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (13 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| IACA Charter School Building | 2022-07-20 | $41,043,908 | $1,798,955 | SL | 0.0256 | $1,052,366 |
| School Signage | 2022-07-20 | $72,153 | $15,463 | SL | 0.1429 | $10,311 |
| School Furniture | 2022-07-20 | $1,332,601 | $285,577 | SL | 0.1429 | $190,429 |
| Communications Equipment | 2022-07-20 | $243,576 | $52,198 | SL | 0.1429 | $34,807 |
| Communications Equipment | 2023-03-30 | $7,002 | $1,501 | SL | 0.1429 | $1,001 |
| Building Renovations | 2023-10-25 | $617,251 | $7,265 | SL | 0.0256 | $15,826 |
| Food Service Equipment | 2023-10-19 | $191,873 | $13,700 | SL | 0.1429 | $27,419 |
| Generator & Screen Wall | 2023-11-11 | $266,601 | $2,567 | SL | 0.0256 | $6,836 |
| School Furnishings | 2023-11-30 | $58,348 | $4,166 | SL | 0.1429 | $8,338 |
| Instruments | 2024-09-11 | $10,000 | SL | 0.0714 | $714 | |
| Building D | 2024-12-06 | $4,207,846 | SL | 0.0075 | $31,517 | |
| School Furnishings | 2024-04-01 | $169,287 | SL | 0.0714 | $12,087 | |
| Green House Building | 2024-08-08 | $14,065 | SL | 0.0161 | $226 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (29 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Astrazeneca PLC NTS | $97,445 | $96,435 |
| Bank of Nova Scotia NTS | $99,023 | $97,027 |
| Canadian Imperial Bank of Commerce | $99,250 | $96,191 |
| Home Depot, Inc | $24,943 | $22,812 |
| JP Morgan Chase & Co (US48128G3V01) | $99,600 | $96,225 |
| Morgan Stanley MTN ISIN | $27,699 | $24,723 |
| Salesforce.Com, Inc. | $28,401 | $24,629 |
| The Charles Schwab Corporation | $25,748 | $23,349 |
| Toyota Motor Credit Corporation | $25,565 | $23,237 |
| Federal Home Loan Banks 3.15% | $25,428 | $24,003 |
| Federal Farm Credit Banks 2.96% | $53,063 | $47,961 |
| Federal Home Loan Banks 5.00% | $49,925 | $50,054 |
| Federal Home Loan Mortgage Co .625% | $45,596 | $48,972 |
| Federal Home Loan Mortgage .50% | $45,431 | $48,948 |
| Bank of Ameica Corp (US06055JGA16) | $125,000 | $125,186 |
| Bank of Ameica Corp (US06055JGD54) | $124,988 | $124,476 |
| Bank of Ameica Corp (US06055JHB89) | $24,988 | $25,056 |
| JP Morgan Chase & Co (US48130CVG76) | $24,988 | $25,240 |
| National Bank of Canada NTS | $25,000 | $25,049 |
| Federal Home Loan Banks 5.00%(3130B2DZ5) | $50,000 | $49,990 |
| Federal Farm Credit Banks 5.25% | $24,969 | $24,998 |
| Federal Farm Credit Banks 5.17% | $99,975 | $99,888 |
| Federal Farm Credit Banks 5.30% | $24,975 | $25,015 |
| Federal Farm Credit Banks 5.15% | $24,988 | $25,050 |
| Federal Farm Credit Bank5.375%(3133ER56) | $24,981 | $24,977 |
| Federal Farm Credit Banks 5.23% | $24,991 | $25,078 |
| Federal Farm Credit Banks 5.44% | $50,000 | $50,009 |
| Federal Farm Credit Banks 5.12% | $124,981 | $124,800 |
| Federal Home Loan Mortgage .5.00% (ALK7) | $125,000 | $124,964 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (32 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| American Express Company | $64,030 | $134,525 |
| Intuit | $14,322 | $61,399 |
| Keurig Dr Pepper Incorporated | $84,870 | $102,660 |
| Nvidia Corporation | $16,708 | $433,520 |
| Unitedhealth Group Incorporated | $52,932 | $104,750 |
| Amer States Wtr Company | $63,970 | $62,944 |
| Atmos Energy Corporation | $41,511 | $61,832 |
| Becton Dickinson & Company | $69,213 | $68,718 |
| Chevron Corporation New | $52,834 | $100,374 |
| Expeditors International Wash Inc | $35,882 | $39,081 |
| Illinois Tool Wks Inc | $65,639 | $74,403 |
| International Business Machines | $42,429 | $87,031 |
| JP Morgan Chase & Company | $64,088 | $122,650 |
| Johnson & Johnson | $111,088 | $116,088 |
| Marsh & Mclennan Companies Inc | $53,241 | $97,612 |
| RPM International Inc | $33,452 | $46,272 |
| Raytheon Technologies Corp | $33,452 | $59,607 |
| Regions Financial Corporation | $41,156 | $47,806 |
| Rio Tinto PLC Sponsored | $101,268 | $90,120 |
| S&P Global Incorporated | $48,588 | $76,215 |
| Texas Instrs Incorporated | $110,139 | $107,820 |
| Truist Finl Corporation | $83,653 | $82,300 |
| United Parcel Service Incorporated | $140,135 | $109,990 |
| Linde PLC SHS | $32,421 | $58,205 |
| Microsoft Corporation | $63,300 | $65,693 |
| Taiwan Semiconductor MFG Limited | $81,147 | $132,800 |
| Target Corporation | $101,369 | $73,052 |
| Apple Incorporated (AAPL) | $39,548 | $49,979 |
| Sysco Corporation (SYY) | $59,469 | $60,032 |
| Tesla Corporation (TSLA) | $34,805 | $51,832 |
| Broadcom Incorporated | $100,827 | $83,715 |
| Verizon Communications Incorporated | $93,277 | $99,792 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| State Local Sec Book Vl EOY | $548,727 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $550,829 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Merrick Bank South Jordan, UT .40% | AT COST | $46,631 | $49,135 |
| Sallie Mae Bk .80% | AT COST | $47,315 | $49,524 |
| Savibank .45% | AT COST | $46,693 | $49,166 |
| Texas Exch Bank SSB .90% | AT COST | $46,871 | $49,171 |
| Goldman Sachs Bank USA 3.00% | AT COST | $99,361 | $99,847 |
| State Bank of India New York | AT COST | $249,938 | $250,010 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $2,084,840 | $657,711 | $1,427,129 | $1,427,129 |
| Buildings | $46,149,671 | $2,915,558 | $43,234,113 | $43,234,113 |
| Land | $2,182,000 | $2,182,000 | $2,182,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $155,631 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $155,743 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Construction in Progress | $2,548,762 | $218,102 | $218,102 |
| Due from CSF | $62,000 | $124,000 | $124,000 |
| Net Intangible Assets | $377 | $346 | $346 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book-Tax Difference on Sale of Contributed Stock | Desc |
| Amt | $2,488 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Amortization | $31 | ||
| Computer Support | $224,181 | $193,230 | |
| Dues & Subscriptions | $4,381 | $4,381 | |
| Insurance Expense | $519,578 | $495,477 | |
| Meals & Entertainment | $218 | $218 | |
| Office Expenses | $29,961 | $30,558 | |
| Payroll Fees | $59,931 | $61,202 | |
| Program Service Expenses | -$5,444,784 | $5,444,784 | |
| School Operating Expenses | $594,101 | $594,113 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Service Revenue | Desc |
| Revenue And Expenses Per Books | $5,444,784 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $5,444,784 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Advertising | $1,643 | $0 | $0 | $1,643 |
| Consultant Fees | $48,053 | $0 | $0 | $49,124 |
| Contracted Services | $44,211 | $0 | $0 | $44,211 |
| Investment Management Fees | $13,681 | $13,681 | $13,681 | $0 |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Spirit Store | CategoryTxt |
| Gross Sales | $3,314 | GrossSalesAmt |
| Cost Of Goods Sold | $11,067 | CostOfGoodsSoldAmt |
| Net | -$7,753 | NetAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign Taxes | $439 | $439 | $439 | |
| Licenses | $62 | $62 | ||
| Payroll Taxes | $271,493 | $245,807 | ||
| Real Estate Taxes | $667 | $667 |
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