GRANITE STEPS FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GRANITE STEPS FOUNDATION (EIN 20-7377814)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-02
- IRS object ID
- 201211849349100306
- 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 | 2012-07-02T11:58:50-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARSON K GOLDSTEIN CPA PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 796 DEER PARK AVENUE SUITE1 | AddressLine1 |
| City | NORTH BABYLON | City |
| State | NY | State |
| ZIP Code | 11703 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 207377814 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANITE STEPS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAN | NameControl |
| Phone | 6312432445 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 186 CAPTAINS WAY | AddressLine1 |
| City | BAY SHORE | City |
| State | NY | State |
| ZIP Code | 11706 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL PARKAS | Name |
| Title | COMPTROLLER | Title |
| Phone | 6312432445 | Phone |
| Date Signed | 2012-05-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARSON K GOLDSTEIN CPA | Name |
| Phone | 6312432445 | Phone |
| Date Prepared | 2012-07-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 124890 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 30 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 30 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 30 | DividendsAdjNetIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 30 | TotalRevenueAndExpenses |
| Total Net Investment Income | 30 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 30 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 52 | TaxesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 52 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 50500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 50552 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 0 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -50522 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 30 | NetInvestmentIncome |
| Adjusted Net Income | 30 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 174999 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 84390 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 84390 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock EOY | 40500 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 40500 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 174999 | TotalAssetsBOY |
| Total Assets EOY | 124890 | TotalAssetsEOY |
| Total Assets EOYFMV | 124890 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 174999 | RetainedEarningsBOY |
| Retained Earnings EOY | 124890 | RetainedEarningsEOY |
| Total Net Assets BOY | 174999 | TotalNetAssetsBOY |
| Total Net Assets EOY | 124890 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 174999 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 124890 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 174999 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -50522 | ExcessOfRevenueOverExpenses |
| Other Increases | 413 | OtherIncreases |
| Subtotal | 124890 | Subtotal |
| Total Net Assets Fund Balances EOY | 124890 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distribution Ratio Year1 | 0.000000 | DistributionRatioYear1 |
| Distribution Ratio Year2 | 0.000000 | DistributionRatioYear2 |
| Distribution Ratio Year3 | 0.000000 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 10250 | QualifyingDistributionsYear4 |
| Total Distribution Ratio | 0.000000 | TotalDistributionRatio |
| Average Distribution Ratio | 0.000000 | AverageDistributionRatio |
| Adj Nonchrtbl Assets And One | 0 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 0 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 1 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 1 | Subtotal |
| Tax Based On Investment Income | 1 | TaxBasedOnInvestmentIncome |
| Tax Paid With Extension | 20 | TaxPaidWithExtension |
| Total Credits And Payments | 20 | TotalCreditsAndPayments |
| Original Return Overpayment | -20 | OriginalReturnOverpayment |
| Overpayment | 19 | Overpayment |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
| Amount To Be Refunded | 19 | AmountToBeRefunded |
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 |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | 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 Person Name | PAUL PARKAS | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6316478848 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 186 CAPTAINS WAY | AddressLine1 |
| City | BAY SHORE | City |
| State | NY | State |
| ZIP Code | 11706 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| 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 |
|---|---|---|---|---|---|---|---|---|
| LOUIS FANTOZZI | ||||||||
| 12 BURNHAM ROAD | WINDHAM | NH | 03087 | Trustee | 1.00 | 0 | 0 | 0 |
| COLLEEN FANTOZZI | ||||||||
| 12 BURNHAM ROAD | WINDAHM | NH | 03087 | Trustee | 1.00 | 0 | 0 | 0 |
| PAUL PARKAS | ||||||||
| 186 CAPTAINS WAY | BAY SHORE | NY | 11706 | Comptroller | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
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 | 1 | TaxBasedOnInvestmentIncome |
| Total Tax | 1 | TotalTax |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 0 | ExpensesAndContributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| CAMP SUNSHINE | ||||||
| 35 ACADIA ROAD | CASCO | ME | 04015 | 501c3 | Medical retreat forterminally ill | $5,000 |
| ST JUDE HOSPITAL | ||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 38105 | 501c3 | Medical Research | $2,500 |
| FRAXA RESEARCH FNDTN | ||||||
| 45 PLEASANT STREET | NEWBURRYPORT | MA | 01950 | 501C3 | RESEARCH | $1,500 |
| NH SPECIAL OLYMPICS | ||||||
| 650 ELM STREET | MANCHESTER | NH | 03101 | 501C3 | SPECIAL OLYMPICS | $5,000 |
| CHILDRENS HOSPITAL BOSTON | ||||||
| 300 LONGWOOD AVE | BOSTON | MA | 02115 | 501C3 | MEDICAL RESEARCH | $5,000 |
| ROSIE'S PLACE | ||||||
| 889 HARRISON AVENUE | BOSTON | MA | 02118 | 501C3 | BATTERED CHILDREN | $2,500 |
| MEALS ON WHEELS | ||||||
| 106 NORTH ROAD | BRENTWOOD | NH | 03833 | 501C3 | FOOD BANK | $1,000 |
| HOME FOR LITTLE WANDERERS | ||||||
| 271 HUNTINGTON AVENUE | BOSTON | MA | 02115 | 501C3 | CHILDREN'S SHELTER | $5,000 |
| NH FOOD BANK | ||||||
| 700 EAST INDUSTRIAL PARK DRIVE | MANCHESTER | NH | 03101 | 501C3 | FOOD BANK | $2,500 |
| DANA -FABER CANCER INSTITUTE | ||||||
| 10 BROOKLINE PLACE | BROOKLINE | MA | 02445 | 501C3 | CANCER RESEARCH | $10,000 |
| CHILDREN'S HOSPITAL | ||||||
| 300 LONGWOOD AVENUE | BOSTON | MA | 02115 | 501C3 | MEDICAL RESEARCH | $5,000 |
| MAKE A WISH FOUNDATION | ||||||
| 814 ELM STREET ST 300 | MANCHESTER | NH | 03101 | 501C3 | TERMINALLY ILL | $5,000 |
| ST NICHOLAS CHURCH FOOD DRIVE | ||||||
| 200 GREAT EAST NECK ROAD | WEST BABYLON | NY | 11706 | 501C3 | FOOD BANK | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 50500 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 30 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 30 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 30 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 | LineNumber |
| Relationship Statement | Interest income on cash balances | 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 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STOCK GAINS | Description |
| Amount | $413 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount |
|---|---|
| 990PF | $2 |
| NYS CHAR 500 | $50 |
Comments