GOOSEFOOT COMMUNITY FUND A NOT FOR PROFIT CORPORATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: GOOSEFOOT COMMUNITY FUND A NOT FOR PROFIT CORPORATION (EIN 91-1960139)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-31
IRS object ID: 201341519349100604
Schema version: 2012v2.0
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
Amortization Schedule
Depreciation Schedule
Land Etc Schedule2
Mortgages And Notes Payable Sch
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-31T13:57:41-07:00	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	Luby & Thomson PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	419 Occidental Avenue South Suite 6	AddressLine1
City	Seattle	City
State	WA	State
ZIP Code	981042886	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	911960139	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Goosefoot Community Fund	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GOOS	NameControl
Phone	3603214535	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 114	AddressLine1
City	Langley	City
State	WA	State
ZIP Code	98260	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Debbie Torget	Name
Title	Executive Dir.	Title
Date Signed	2013-05-31	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Pamela A Thomson	Name
PTIN	P00172042	PTIN
Phone	2066284991	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	6949082	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	109786	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	629	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	629	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	629	InterestOnSavingsAdjNetIncm
Other Income Rev And Expnss	682765	OtherIncomeRevAndExpnss
Other Income Adj Net Incm	682765	OtherIncomeAdjNetIncm
Total Revenue And Expenses	793180	TotalRevenueAndExpenses
Total Net Investment Income	629	TotalNetInvestmentIncome
Total Adjusted Net Income	683394	TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss	62353	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Adj Net Incm	62353	CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	19953	CompOfcrDirTrstDsbrsChrtblPrps
Oth Empl Slrs Wgs Rev And Expnss	29486	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Adj Net Incm	29486	OthEmplSlrsWgsAdjNetIncm
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	9436	OthEmplSlrsWgsDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	944	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Adj Net Incm	944	PensionEmplBnftAdjNetIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	302	PensionEmplBnftDsbrsChrtblPrps
Accounting Fees Rev And Expnss	14335	AccountingFeesRevAndExpnss
Accounting Fees Adj Net Incm	14335	AccountingFeesAdjNetIncm
Other Prof Fees Rev And Expnss	152	OtherProfFeesRevAndExpnss
Other Prof Fees Adj Net Incm	152	OtherProfFeesAdjNetIncm
Other Prof Fees Dsbrs Chrtbl Prps	49	OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss	405557	InterestRevAndExpnss
Interest Adj Net Incm	405557	InterestAdjNetIncm
Taxes Rev And Expnss	49607	TaxesRevAndExpnss
Taxes Adj Net Incm	49607	TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps	4157	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	231680	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Adj Net Incm	231680	DeprecAndDepletionAdjNetIncm
Printing And Pub Rev And Expnss	1577	PrintingAndPubRevAndExpnss
Printing And Pub Adj Net Incm	1577	PrintingAndPubAdjNetIncm
Other Expenses Rev And Expnss	232719	OtherExpensesRevAndExpnss
Other Expenses Adj Net Incm	-112297	OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps	348899	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1028410	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	683394	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	382796	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	1028410	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	683394	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	382796	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-235230	ExcessOfRevenueOverExpenses
Net Investment Income	629	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	92378	CashBOY
Cash EOY	105648	CashEOY
Cash EOYFMV	105648	CashEOYFMV
Savings And Temp Cash Invst BOY	227264	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	227894	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	227894	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	11461	AccountsReceivable
Accounts Receivable BOY	7236	AccountsReceivableBOY
Accounts Receivable EOY	11461	AccountsReceivableEOY
Accounts Receivable EOYFMV	11461	AccountsReceivableEOYFMV
Other Notes And Loans Receivable	131979	OtherNotesAndLoansReceivable
Other Notes And Loans Rcvbl BOY	123468	OtherNotesAndLoansRcvblBOY
Other Notes And Loans Rcvbl EOY	131979	OtherNotesAndLoansRcvblEOY
Other Notes And Loans Rcvbl EOYFMV	131979	OtherNotesAndLoansRcvblEOYFMV
Prepaid Expenses BOY	553	PrepaidExpensesBOY
Prepaid Expenses EOY	553	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	553	PrepaidExpensesEOYFMV
Investments Other BOY	810046	InvestmentsOtherBOY
Investments Other EOY	825098	InvestmentsOtherEOY
Investments Other EOYFMV	825098	InvestmentsOtherEOYFMV
Land Building And Equipment Basis	14785703	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	1923091	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	13089297	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	12862612	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	5598959	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	103205	OtherAssetsBOY
Other Assets EOY	47490	OtherAssetsEOY
Other Assets EOYFMV	47490	OtherAssetsEOYFMV
Total Assets BOY	14453447	TotalAssetsBOY
Total Assets EOY	14212735	TotalAssetsEOY
Total Assets EOYFMV	6949082	TotalAssetsEOYFMV
Accounts Payable BOY	47919	AccountsPayableBOY
Accounts Payable EOY	42437	AccountsPayableEOY
Mortgages And Notes Payable BOY	8000000	MortgagesAndNotesPayableBOY
Mortgages And Notes Payable EOY	8000000	MortgagesAndNotesPayableEOY
Other Liabilities BOY	9650	OtherLiabilitiesBOY
Other Liabilities EOY	9650	OtherLiabilitiesEOY
Total Liabilities BOY	8057569	TotalLiabilitiesBOY
Total Liabilities EOY	8052087	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	6395878	UnrestrictedBOY
Unrestricted EOY	6160648	UnrestrictedEOY
Total Net Assets BOY	6395878	TotalNetAssetsBOY
Total Net Assets EOY	6160648	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	14453447	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	14212735	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	6395878	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-235230	ExcessOfRevenueOverExpenses
Subtotal	6160648	Subtotal
Total Net Assets Fund Balances EOY	6160648	TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	13	InvestmentIncomeExciseTax
Subtotal	13	Subtotal
Tax Based On Investment Income	13	TaxBasedOnInvestmentIncome
Tax Due	13	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
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	WA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	true	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	www.goosefoot.org	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Debbie Torget	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	3603214535	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 114	AddressLine1
City	Langley	City
State	WA	State
ZIP Code	98260	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
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
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
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (12 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Board Member
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Debbie Torget
PO Box 114	Langley	WA	98260	Executive Dir.	40.00	62353
Kevin Engstrom
PO Box 114	Langley	WA	98260	Board Member	0.00	0
Deana Duncan
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Nancy Nordhoff
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Marsha Morgan
PO Box 114	Langley	WA	98260	Vice President	2.00	0
Judy Feldman
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Mariam Coates
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Deborah Admiral
PO Box 114	Langley	WA	98260	Board Member	2.00	0
Bob Gentz
PO Box 114	Langley	WA	98260	Sec-Treas	2.00	0
Candace Jordan
PO Box 114	Langley	WA	98260	President	2.00	0
Gordy Edberg
PO Box 114	Langley	WA	98260	Board Member	2.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	Preservation and protection of historic building, rural character and natural environment of Island County through economic development and related efforts to combat community deterioration. Obtained new markets tax credit financing to be used for economic development and to combat community deterioration. Held 14 related activity community events at Bayview cash store.	Description1
Expenses1	0	Expenses1

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
Reduction Claimed	0	ReductionClaimed
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)
Sect4942j3j5 Fndtn And Frgn Org	X	Sect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	382796	ExpensesAndContributions
Qualifying Distributions	382796	QualifyingDistributions
Adj Qualifying Distributions	382796	AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Field	Value	IRS element (for citing)
Date Of Ruling	2001-09-17	DateOfRuling
Section4942j3	X	Section4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	0	CurrentYear
Total	0	Total

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Current Year	382796	CurrentYear
Year1	497008	Year1
Year2	824718	Year2
Year3	12631	Year3
Total	1717153	Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

Field	Value	IRS element (for citing)
Current Year	382796	CurrentYear
Year1	497008	Year1
Year2	824718	Year2
Year3	12631	Year3
Total	1717153	Total

Total Assets TotalAssets

Field	Value	IRS element (for citing)
Current Year	14212735	CurrentYear
Year1	14453447	Year1
Year2	14849533	Year2
Year3	15554652	Year3
Total	59070367	Total

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi

Field	Value	IRS element (for citing)
Current Year	14212735	CurrentYear
Year1	14453447	Year1
Year2	14849533	Year2
Year3	15554652	Year3
Total	59070367	Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Field	Value	IRS element (for citing)
Total	0	Total

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	Nancy Nordhoff	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Analysis Income Producing Acty AnalysisIncomeProducingActy

Program Service Revenue Part VII ProgramServiceRevenuePartVII

Field	Value	IRS element (for citing)
Description	Tenant Rents	Description
Related Or Exempt Function Income	666115	RelatedOrExemptFunctionIncome

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$629	ExclusionAmount

Other Revenue Described OtherRevenueDescribed (2 entries)

DescriptionDescription	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Exclusion CodeExclusionCode	ExclusionExclusionAmount
Misc income	1598
Bayview Grocery Inc.		3	$15,052

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$15,681	ExclusionAmount
Related Or Exempt Function Income	667713	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	683394	TotalPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Field	Value	IRS element (for citing)
Line Number	1A	LineNumber
Relationship Statement	Program to provide space to businesses that contribute to the rural tradition and character of Island County.	RelationshipStatement

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo (8 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType
8	Bob and Linda Helsell	PO Box 114	Langley	WA	98260	5000	X
7	Karl and Erika Miller	PO Box 114	Langley	WA	98260	5000	X
6	William Lewis	PO Box 114	Langley	WA	98260	5000	X
5	Goldman Sachs Philanthropy Fund	PO Box 114	Langley	WA	98260	5000	X
4	Marcia and Klaus Zech	PO Box 114	Langley	WA	98260	5000	X
3	Nancy John Zevenbergen	PO Box 114	Langley	WA	98260	10000	X
2	John Merritt Atwood	PO Box 114	Langley	WA	98260	5000	X
1	Nancy Nordoff	PO Box 114	Langley	WA	98260	10000	X

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
Accounting - review & tax work	$7,914	0	7914	0
Accounting	$6,421	0	6421	0

Amortization Schedule AmortizationSchedule

Amortization Amortization (2 entries)

Description Of Amortized ExpensesDescriptionOfAmortizedExpenses	Date Acquired Completed ExpendedDateAcquiredCompletedExpended	Amount AmortizedAmountAmortized	Deduction For Prior YearsDeductionForPriorYears	Amortization PeriodAmortizationPeriod	Current Year AmortizationCurrentYearAmortization	Total Amount Of AmortizationTotalAmountOfAmortization
Loan fees	2009-07-02	9433	3370	7.0000	1348	4718
Loan fees	2005-11-01	380569	283986	7.0000	45306	329292

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (43 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense	Prior Years DepreciationPriorYearsDepreciation
Public Restrooms	2012-07-01	2890	91	39.0000	37
Cash Register	2012-04-13	565	91	5.0000	85
Refurbished iMac	2012-07-03	1541	91	5.0000	154
Roof replacement	2010-07-07	120829	91	39.0000	3098	4737
Light fixtures for office	2009-03-31	1049	91	5.0000	210	570
Sharp copier, printer, sc	2009-07-01	7356	91	5.0000	1471	3678
Mac mini comp, moni, key	2009-03-01	912	91	5.0000	182	516
Storage shed	2009-08-01	796	91	7.0000	114	275
Bldg-Cash Store 2009	2009-07-01	10072	91	39.0000	258	645
Shopping center improveme	2009-12-01	1082010	91	39.0000	27744	57800
Tenant improvements	2009-01-01	12388	91	7.0000	1770	5310
Bldg-Tenant Improvments	2006-03-01	2500	91	39.0000	64	373
Bldg-Bank Building	2005-07-01	241621	91	39.0000	6195	39751
Bldg-Shopping Center	2005-07-01	1916097	91	39.0000	49131	347405
Bldg-Grimm Shed	1998-05-01	125281	91	39.0000	3212	43901
Bldg-Sears House Grimm	1998-08-01	582365	91	39.0000	14932	200342
Bldg-Composting Toilet Op	1998-08-01	288208	91	39.0000	7390	99149
Bldg-Kiosk Open Space	1998-06-01	16566	91	39.0000	425	5771
Bldg-Cash Store Recycling	2007-04-01	8305	91	39.0000	213	1012
Bldg-Cash Store Pavillion	1998-06-01	36321	91	39.0000	931	12646
Bldg-Cash Store Art Store	1998-06-01	179381	91	39.0000	4600	62483
Bldg-Cash Store 2008	2008-01-01	2979	91	39.0000	76	304
Bldg-Cash Store 2007	2007-01-01	1338	91	39.0000	34	170
Bldg-Cash Store	2000-04-01	4094849	91	39.0000	104996	722291
Website Design	2008-04-04	7140	91	5.0000	1428	5355
Paritions at Cash Store	2008-12-15	1580	91	7.0000	226	697
Grimm Shed Elec Fixtures	2007-01-13	1873	91	7.0000	268	1339
Shredder	2005-09-02	218	91	7.0000	1	217
HVAC system	2006-08-01	7900	91	7.0000	1129	5306
Flash Space Cabinetry	2006-06-27	1040	91	7.0000	147	893
Flash Space Sink	2006-06-19	2291	91	7.0000	327	1963
Flash Space Cabinets	2006-06-12	1733	91	7.0000	246	1487
Bayview Corner Signs	2006-05-10	936	91	7.0000	133	803
Fixtures from Eventually	2006-05-03	540	91	7.0000	77	462
Cash Store Signage	2006-01-03	2825	91	7.0000	402	2423
Lawn Mower	2008-01-01	2000	91	5.0000	400	1600
Pressure Washter	2007-05-04	746	91	5.0000	1	745
Septic Pump	2006-06-09	1018	91	7.0000	145	871
Table Umbrella	2005-03-28	960	91	7.0000	1	959
Gas Meter	2005-03-03	487	91	10.0000	49	342
Gas Meter	2005-03-03	487	91	10.0000	49	342
Hotwater Heater	2005-02-23	4581	91	7.0000	2	4579
Electric Meter	2006-05-05	1440	91	7.0000	204	1236

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (6 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Accumulated DepreciationAccumulatedDepreciation	Book ValueBookValue	EOYFMVEOYFMV
Miscellaneous	6004	5538	466
Land	5520621		5520621	5598959
Improvements	136903	15341	121562
Buildings	9024231	1814388	7209843
Machinery and Equipment	108903	98120	10783
Furniture and Fixtures	1049	780	269

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Field	Value	IRS element (for citing)
Total Mortgage	$8,000,000	TotalMortgageAmount

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (2 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
Net Intangible Assets	102648	46933	46933
Development Costs	557	557	557

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (31 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
Website	239	239
Utilities	61483	61483
Telephone	3263	3263
Repairs and Maintenance	49160	49160
Public Relations	4531	4531
Property Insurance	25096	25096
Professional development	1094	1094
Postage	613	613
Office supplies	1608	1608
Miscellaneous	1418	1418
Meals and meeting costs	189	189
Licenses and Permit	780	780
Less expenses in excess of revenue		-345016	345016
Insurance	3187	3187
Fundraising - software	2213	2213
Fundraising - printing & reproduction	634	634
Fundraising -postage	258	258
Fundraising - other expenses	22	22
Fundraising - meetings and meals	350	350
Fundraising - credit card costs	311	311
Employee benefits-medical insurance	12134	12134	3883
Dues and subscriptions	335	335
DSL expenses	500	500
Consulting	1024	1024
Computer Maintenance	65	65
Board Expense	296	296
Bank Charges	357	357
Auto expense	37	37
Amortization	55715	55715
Advertising	-60	-60
Activities - events	5867	5867

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Adjusted Net IncomeAdjustedNetIncome
Tenant Rents	666115	666115
Misc income	1598	1598
Bayview Grocery Inc.	15052	15052

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Tenant Security Deposit	Description
BOY Book Value	9650	BOYBookValue
EOY Book Value	9650	EOYBookValue

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	Payroll processing fees	Category
Amount	$152	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	152	AdjustedNetIncome
Disbursements Charitable Prps	49	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (4 entries)

CategoryCategory	AmountAmount	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
State taxes	$26	26
Property taxes	$36,565	36565
Payroll Tax	$12,992	12992	4157
Fedral income tax	$24	24

GOOSEFOOT COMMUNITY FUND A NOT FOR PROFIT CORPORATION: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (12 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Qualifying Distributions QualifyingDistributions

Qlfy Distri Made Directly QlfyDistriMadeDirectly

Total Assets TotalAssets

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Supplementary Information SupplementaryInformation

Analysis Income Producing Acty AnalysisIncomeProducingActy

Program Service Revenue Part VII ProgramServiceRevenuePartVII

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Other Revenue Described OtherRevenueDescribed (2 entries)

Subtotals Part XVIA SubtotalsPartXVIA

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (8 entries)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees (2 entries)

Amortization Schedule AmortizationSchedule

Amortization Amortization (2 entries)

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (43 entries)

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (6 entries)

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (31 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (3 entries)

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes (4 entries)

Comments