SONECHA FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
SONECHA FOUNDATION (EIN 51-6502415)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-07-06
IRS object ID
201221889349100102
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

FieldValueIRS element (for citing)
Timestamp2012-07-06T12:53:17-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN510293511EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ROWLAND JOHNSON & COMPANY PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12 READS WAY SUITE 100AddressLine1
CityNEW CASTLECity
StateDEState
ZIP Code19720ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN516502415EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SONECHA FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSONENameControl
Phone3022540100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 CONTINENTAL DRIVE NO 410AddressLine1
CityNEWARKCity
StateDEState
ZIP Code19713ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJAY SONECHAName
TitlePRESIDENTTitle
Phone3022540100Phone
Date Signed2012-05-24DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameR JEFFREY JOHNSONName
PTINP00175871PTIN
Phone3023240780Phone
Date Prepared2012-05-24DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY492692FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss553InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm553InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses553TotalRevenueAndExpenses
Total Net Investment Income553TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Taxes Rev And Expnss39TaxesRevAndExpnss
Taxes Net Invst Incm0TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps0TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss450OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss489TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss16000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps16000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss16489TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps16000TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-15936ExcessOfRevenueOverExpenses
Net Investment Income553NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY508628SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY492692SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV492692SavingsAndTempCashInvstEOYFMV
Total Assets BOY508628TotalAssetsBOY
Total Assets EOY492692TotalAssetsEOY
Total Assets EOYFMV492692TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY508628RetainedEarningsBOY
Retained Earnings EOY492692RetainedEarningsEOY
Total Net Assets BOY508628TotalNetAssetsBOY
Total Net Assets EOY492692TotalNetAssetsEOY
Total Liabilities Net Assets BOY508628TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY492692TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY508628TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-15936ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal492692Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY492692TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year19250QualifyingDistributionsYear1
Noncharitable Assets Year1503731NoncharitableAssetsYear1
Distribution Ratio Year10.018363DistributionRatioYear1
Qualifying Distributions Year22250QualifyingDistributionsYear2
Noncharitable Assets Year2510523NoncharitableAssetsYear2
Distribution Ratio Year20.004407DistributionRatioYear2
Qualifying Distributions Year325750QualifyingDistributionsYear3
Noncharitable Assets Year3529000NoncharitableAssetsYear3
Distribution Ratio Year30.048677DistributionRatioYear3
Qualifying Distributions Year434750QualifyingDistributionsYear4
Noncharitable Assets Year4531205NoncharitableAssetsYear4
Distribution Ratio Year40.065417DistributionRatioYear4
Qualifying Distributions Year528275QualifyingDistributionsYear5
Noncharitable Assets Year5546092NoncharitableAssetsYear5
Distribution Ratio Year50.051777DistributionRatioYear5
Total Distribution Ratio0.188641TotalDistributionRatio
Average Distribution Ratio0.037728AverageDistributionRatio
Net Noncharitable Assets500163NetNoncharitableAssets
Adjusted Noncharitable Assets18870AdjustedNoncharitableAssets
One Percent Net Investment Income6OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One18876AdjNonchrtblAssetsAndOnePct
Qualifying Distributions16000QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax11InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal11Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income11TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due11TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithDEStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameJAY SONECHABooksInCareOfPersonName
Books In Care Of Phone Number3022540100BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1220 CONTINENTAL DRIVE SUITE 410AddressLine1
CityNEWARKCity
StateDEState
ZIP Code19713ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years1UndistributedIncomePriorYears
Undistributed Income Prior Year12010UndistributedIncomePriorYear1
Undistr Income4942a2 Not Applied1UndistrIncome4942a2NotApplied
Undistr Income4942a2 App Year12010UndistrIncome4942a2AppYear1
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JAY SONECHA
220 CONTINENTAL DRIVE SUITE 410NEWARKDE19713TRUSTEE1.00000
KASHMIRA SONECHA
220 CONTINENTAL DRIVE SUITE 410NEWARKDE19713TRUSTEE1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances507780AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets507780TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets507780AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable7617CashDeemedCharitable
Net Noncharitable Assets500163NetNoncharitableAssets
Minimum Investment Return25008MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return25008MinimumInvestmentReturn
Tax Based On Investment Income11TaxBasedOnInvestmentIncome
Total Tax11TotalTax
Distributable Amount Before Adj24997DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded24997DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted24997DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions16000ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions16000QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions16000AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted24997DistributableAmountAsAdjusted
Undistributed Income Prior Year19750UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions16000QualifyingDistributions
Applied To Year116000AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year0AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount23750TaxableAmount2
Undistributed Income CY24997UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJAY SONECHAContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
LEAD THE WAY FUND
PO BOX 281MANHASSETNY11030UNRELATEDPUBLIC CHARITYGENERAL$2,500
PASSYUNK SQUARE CIVIC ASSOCIATION
PO BOX 18052PHILADELPHIAPA19147UNRELATEDPUBLIC CHARITYGENERAL$1,500
RONALD MCDONALD HOUSE
1901 ROCKLAND ROADWILMINGTONDE19803UNRELATEDPUBLIC CHARITYGENERAL$1,000
AYUDA
6925 B WILLOW STREET NWWASHINGTONDC20012UNRELATEDPUBLIC CHARITYGENERAL$3,500
HABITAT FOR HUMANITY
1920 HUTTON STREETWILMINGTONDE19802UNRELATEDPUBLIC CHARITYGENERAL$5,000
COMBINED CAMPAIGN FOR JUSTICE
PO BOX 2113WILMINGTONDE19899UNRELATEDPUBLIC CHARITYGENERAL$1,000
FOOD BANK OF DELAWARE
14 GARFIELD WAYNEWARKDE19713UNRELATEDPUBLIC CHARITYGENERAL$1,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year16000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$553ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$553ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA553TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionSERVICE CHARGESDescription
Revenue And Expenses Per Books450RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
INCOME TAXES$1400
FRANCHISE TAX$2500

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