SUNRISE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
SUNRISE FOUNDATION (EIN 65-1288276)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-04-06
IRS object ID
201240979349100009
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)
Timestamp2012-04-06T14:31:41-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1HJS AN ACCOUNTANCY CORPORATIONBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line13250 WILSHIRE BLVD STE 1700AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900101607ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN651288276EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SUNRISE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSUNRNameControl
Phone9053731555Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1
CityRNACHO CUCAMONGACity
StateCAState
ZIP Code91730ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSUNNY HWANGName
TitlePRESIDENTTitle
Phone9053731555Phone
Date Signed2012-03-28DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Date Prepared2012-03-29DatePrepared
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 EOY713379FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss500000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss3351InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm3351InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm3351InterestOnSavingsAdjNetIncm
Total Revenue And Expenses503351TotalRevenueAndExpenses
Total Net Investment Income3351TotalNetInvestmentIncome
Total Adjusted Net Income3351TotalAdjustedNetIncome
Legal Fees Rev And Expnss75LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps75LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss650AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps650AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss40TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps40TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss765TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps765TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss246010ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps246010ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss246775TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps246775TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses256576ExcessOfRevenueOverExpenses
Net Investment Income3351NetInvestmentIncome
Adjusted Net Income3351AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY456803CashBOY
Cash EOY713379CashEOY
Cash EOYFMV713379CashEOYFMV
Total Assets BOY456803TotalAssetsBOY
Total Assets EOY713379TotalAssetsEOY
Total Assets EOYFMV713379TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY456803UnrestrictedBOY
Unrestricted EOY713379UnrestrictedEOY
Total Net Assets BOY456803TotalNetAssetsBOY
Total Net Assets EOY713379TotalNetAssetsEOY
Total Liabilities Net Assets BOY456803TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY713379TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY456803TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses256576ExcessOfRevenueOverExpenses
Subtotal713379Subtotal
Total Net Assets Fund Balances EOY713379TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1170622QualifyingDistributionsYear1
Noncharitable Assets Year1258649NoncharitableAssetsYear1
Distribution Ratio Year10.659666DistributionRatioYear1
Qualifying Distributions Year2102820QualifyingDistributionsYear2
Noncharitable Assets Year2183752NoncharitableAssetsYear2
Distribution Ratio Year20.559559DistributionRatioYear2
Total Distribution Ratio1.219225TotalDistributionRatio
Average Distribution Ratio0.609613AverageDistributionRatio
Net Noncharitable Assets363566NetNoncharitableAssets
Adjusted Noncharitable Assets221635AdjustedNoncharitableAssets
One Percent Net Investment Income34OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One221669AdjNonchrtblAssetsAndOnePct
Qualifying Distributions246775QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax34InvestmentIncomeExciseTax
Subtotal34Subtotal
Tax Based On Investment Income34TaxBasedOnInvestmentIncome
Tax Due34TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameSUNNY HWANGBooksInCareOfPersonName
Books In Care Of Phone Number9093731555BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1
CityRANCHO CUCAMONGACity
StateCAState
ZIP Code91730ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
SUNNY HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730PRESIDENT10.00000
CHIN HEE HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730SECRETARY10.00000
WILLY HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730DIRECTOR40.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances369103AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets369103TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets369103AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable5537CashDeemedCharitable
Net Noncharitable Assets363566NetNoncharitableAssets
Minimum Investment Return18178MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return18178MinimumInvestmentReturn
Tax Based On Investment Income34TaxBasedOnInvestmentIncome
Total Tax34TotalTax
Distributable Amount Before Adj18144DistributableAmountBeforeAdj
Distributable Amount Before Ded18144DistributableAmountBeforeDed
Distributable Amount As Adjusted18144DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions246775ExpensesAndContributions
Qualifying Distributions246775QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm34OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions246741AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted18144DistributableAmountAsAdjusted
Excess Distri Carryover Year418651ExcessDistriCarryoverYear4
Excess Distri Carryover Year356070ExcessDistriCarryoverYear3
Excess Distri Carryover Year293731ExcessDistriCarryoverYear2
Excess Distri Carryover Year1157750ExcessDistriCarryoverYear1
Total Excess Distri Carryover326202TotalExcessDistriCarryover
Qualifying Distributions246775QualifyingDistributions
Applied To Current Year18144AppliedToCurrentYear
Remaining Distri From Corpus228631RemainingDistriFromCorpus
Total Corpus554833TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year554833ExcessDistriCyovToNextYear
Excess From Year418651ExcessFromYear4
Excess From Year356070ExcessFromYear3
Excess From Year293731ExcessFromYear2
Excess From Year1157750ExcessFromYear1
Excess From Current Year228631ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodePurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmountBusiness Name Line2RecipientBusinessName/BusinessNameLine2
KIMBO FOUNDATION
72 SANTA ANA AVESAN FRANCISCOCA94127SCHOLARSHIP$152,000
KAVC
690 WILSHIRE PLACELOS ANGELESCA90005SCHOLARSHIP$94,010KOREAN AMERICAN VOLUNTEER CORPORATION
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year246010TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$3,351ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$3,351ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA3351TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualSUNNY DESIGNS INCContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1
CityRANCHO CUCAMONGACity
StateCAState
ZIP Code91730ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions500000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$650Amount
Disbursements Charitable Prps650DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

SUNNY HWANG
CHIN HEE HWANG
WILLY HWANG

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
CategoryATTORNEY GENERAL'S REGISTRYCategory
Amount$75Amount

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountDisbursements Charitable PrpsDisbursementsCharitablePrps
FEDERAL INCOME TAX$3030
STATE INCOME TAX$1010

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