KIDS FUND INC: Form 990EZ, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- KIDS FUND INC (EIN 52-2031702)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-10-04
- IRS object ID
- 201202789349200205
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-10-04T06:55:47-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rusk & Company PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 Front Avenue Suite 201 | AddressLine1 |
| City | Lutherville | City |
| State | MD | State |
| ZIP Code | 210935365 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522031702 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIDS FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIDS | NameControl |
| Phone | 4105329330 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 W SEMINARY AVENUE 200 | AddressLine1 |
| City | LUTHERVILLE | City |
| State | MD | State |
| ZIP Code | 21093 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH F PALMISANO JR | Name |
| Title | President | Title |
| Date Signed | 2012-09-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL H RUSK CPA | Name |
| Phone | 4108218700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Other | MOD CASH | MethodOfAccountingOther |
| Schedule B Not Required | X | ScheduleBNotRequired |
| Web Site | N/A | WebSite |
| Organization501c3 | X | Organization501c3 |
| Gross Receipts | 119920 | GrossReceipts |
| Info In Schedule O Part I | X | InfoInScheduleOPartI |
| Contributions Gifts Grants Etc | 6880 | ContributionsGiftsGrantsEtc |
| Investment Income | 3532 | InvestmentIncome |
| Gross Amount From Sale Of Assets | 109508 | GrossAmountFromSaleOfAssets |
| Cost Other Basis And Sales Expenses | 98520 | CostOtherBasisAndSalesExpenses |
| Gain Or Loss From Sale Of Assets | 10988 | GainOrLossFromSaleOfAssets |
| Fundraising Gross Income | 0 | FundraisingGrossIncome |
| Special Events Direct Expenses | 0 | SpecialEventsDirectExpenses |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
| Total Revenue | 21400 | TotalRevenue |
| Grants And Similar Amounts Paid | 1500 | GrantsAndSimilarAmountsPaid |
| Fees And Oth Pymt To Ind Contractors | 1400 | FeesAndOthPymtToIndContractors |
| Printing Publications Postage | 366 | PrintingPublicationsPostage |
| Other Expenses Total | 10814 | OtherExpensesTotal |
| Total Expenses | 14080 | TotalExpenses |
| Excess Or Deficit For Year | 7320 | ExcessOrDeficitForYear |
| Net Assets Or Fund Balances BOY | 143341 | NetAssetsOrFundBalancesBOY |
| Other Changes In Net Assets | -19049 | OtherChangesInNetAssets |
| Net Assets Or Fund Balances EOY | 131612 | NetAssetsOrFundBalancesEOY |
Cash Savings And Investments CashSavingsAndInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143341 | BOY |
| EOY | 131612 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143341 | BOY |
| EOY | 131612 | EOY |
Net Assets Or Fund Balances NetAssetsOrFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143341 | BOY |
| EOY | 131612 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | TO PROVIDE SCHOLARSHIPS & GRANTS. | PrimaryExemptPurpose |
Program Service Accomplishment ProgramServiceAccomplishment (2 entries)
| Description Program Service AccomDescriptionProgramServiceAccom | Grants And AllocationsGrantsAndAllocations |
|---|---|
| PROVIDED LAST DOLLAR COLLEGE TUITION GRANTS TO BALTIMORE CITY STUDENTS SHOWING EVIDENCE OF NEED. | 1500 |
| TOWING & REPAIR COSTS OF DONATED VEHICLES TO PREPARE THEM FOR SALE. PROCEEDS FROM SALE OF VEHICLES PROVIDES FUNDS FOR SCHOLARSHIP GRANTS. | 455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | 1955 | TotalProgramServiceExpenses |
Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| HARRY BAUMOHL | ||||||
| 25 HOOKS LANE SUITE 214 | BALTIMORE | MD | 21208 | Director | 0 | 0 |
| JOSEPH F PALMISANO JR | ||||||
| 205 ST MARYS ROAD | BALTIMORE | MD | 21221 | President | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRpt |
| Made Changes To Orgnzng Etc Doc | false | MadeChangesToOrgnzngEtcDoc |
| Organization Had UBI | false | OrganizationHadUBI |
| Organization Filed990 T | false | OrganizationFiled990T |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Organization Dissolved Etc | false | OrganizationDissolvedEtc |
| Did Org File Form1120 POL This Year | false | DidOrgFileForm1120POLThisYear |
| Made Loans To From Officers | false | MadeLoansToFromOfficers |
| Initiation Fees And Capital Contri | 0 | InitiationFeesAndCapitalContri |
| Gross Receipts For Public Use | 0 | GrossReceiptsForPublicUse |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTrans |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOSEPH F PALMISANO JR | NamePerson |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 W SEMINARY AVENUE 200 | AddressLine1 |
| City | LUTHERVILLE | City |
| State | MD | State |
| ZIP Code | 21093 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4439012648 | TelephoneNumber |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccount |
| Foreign Office | false | ForeignOffice |
| Maintain Any Donor Advised Funds | false | MaintainAnyDonorAdvisedFunds |
| Does Org Have Hospital | false | DoesOrgHaveHospital |
| Tanning Services Provided | false | TanningServicesProvided |
| Form720 Filed | false | Form720Filed |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction With Control Entity | false | TransactionWithControlEntity |
| Engage Political Cmpgn Activities | false | EngagePoliticalCmpgnActivities |
| Engage In Lobbying Activities | false | EngageInLobbyingActivities |
| Operating School | false | OperatingSchool |
| Trnsfrs Exempt Non Char Related Org | false | TrnsfrsExemptNonCharRelatedOrg |
| Related Org Section527 Org | false | RelatedOrgSection527Org |
| Part VI Of Comp Of Highest Paid Empl | NONE | PartVIOfCompOfHighestPaidEmpl |
| Part VIA Hghst Paid Cntrct Prof Ser | NONE | PartVIAHghstPaidCntrctProfSer |
| Filed Schedule A | true | FiledScheduleA |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 66600 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 33075 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16461 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9704 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6880 | CurrentTaxYear |
| Total | 132720 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 66600 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 33075 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16461 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9704 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6880 | CurrentTaxYear |
| Total | 132720 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 132720 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11641 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6201 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3783 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4337 | CurrentTaxYearMinus1Year |
| Total | 25962 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 158682 | TotalSupport |
| Public Support Pertcentage170 | 0.83640 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.87230 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990-EZ, Part I, Line 20.1 | Other Changes In Net Assets Or Fund Balances - Other Decreases.1 | FMV ADJUSTMENT OF SECURITIES $19049 |
| Form 990-EZ, Part I, Line 16.5 | Other Expenses.5 | OFFICE SUPPLIES $88 |
| Form 990-EZ, Part I, Line 16.4 | Other Expenses.4 | DUES & SUBSCRIPTIONS $116 |
| Form 990-EZ, Part I, Line 16.3 | Other Expenses.3 | TELEPHONE $150 |
| Form 990-EZ, Part I, Line 16.1 | Other Expenses.1 | COST INCURRED-DONATED VEHICLES $455 |
| Form 990-EZ, Part I, Line 16.1001 | Other Expenses.1001 | Advertising and Promotion $10005 |
| Client Note 2 - NOTE REGARDING CONTRIBUTIONS IN EXCESS OF $5,000-------------------------------------------------THERE WERE NO CONTRIBUTORS WHO DONATED MORE THAN $5,000 IN CASH AND/OR GOODS TO THE ORGANIZATION DURING THE FISCAL YEAR ENDING JUNE 30, 2010. | ||
| Client Note 1 - SCHEDULE A, PART III, QUESTION 3A---------------------------------KIDS FUND, INC. PROVIDES GRANTS AND FINANCIAL AID FOR COLLEGE TUITION, BOOKS, FEES AND SUPPLIES FOR NEEDY BALTIMORE AREA STUDENTS WHO MEET MODEST REQUIREMENTS. COLLEGEBOUND FOUNDATION, INC., A BALTIMORE BASED CHARITY, TAKES APPLICATION REQUESTS FROM STUDENTS AND ADMINISTERS THE GRANTS ON BEHALF OF KIDS FUND, INC. NO GRANTS WERE ISSUED DURING FYE JUNE 30, 2010. REQUIREMENTS TO RECEIVE A GRANT ARE 1) BALTIMORE CITY RESIDENCY, 2) AN OVERALL "C" AVERAGE OR BETTER IN HIGH SCHOOL CLASSES AND 3) FINANCIAL NEED BASED ON FAMILY INCOME, ASSETS AND OTHER FINANCIAL AID AVAILABLE TO THE STUDENT. |
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