SKYSTONE FOUNDATION INC: Form 990PF, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- SKYSTONE FOUNDATION INC (EIN 94-2842873)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-14
- IRS object ID
- 201120459349100552
- Schema version
- 2009v1.7
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Employee Compensation Expln
- General Explanation Attachment
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-14T15:00:39-08:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORDSTROM & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 W DALE AVE STE 2 | AddressLine1 |
| City | Flagstaff | City |
| State | AZ | State |
| ZIP Code | 86001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942842873 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SKYSTONE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SKYS | NameControl |
| Phone | 9282260937 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O NA PO BOX 220 | AddressLine1 |
| City | FLAGSTAFF | City |
| State | AZ | State |
| ZIP Code | 86002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD ANDREWS | Name |
| Title | President | Title |
| Date Signed | 2011-02-14 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARJORIE MCCLANAHAN | Name |
| Phone | 9287745086 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | 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 | 15054136 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 481000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 729 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 729 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 729 | InterestOnSavingsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 0 | NetGainSaleAssetsRevAndExpnss |
| Other Income Rev And Expnss | 801250 | OtherIncomeRevAndExpnss |
| Total Revenue And Expenses | 1282979 | TotalRevenueAndExpenses |
| Total Net Investment Income | 729 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 729 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 35000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 35000 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 93679 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 93679 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 1538 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 1538 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 8475 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 8475 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 7630 | TaxesRevAndExpnss |
| Taxes Dsbrs Chrtbl Prps | 7630 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 169300 | DeprecAndDepletionRevAndExpnss |
| Trav Conf Meeting Rev And Expnss | 6602 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 6602 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 1356725 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 1356725 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1678949 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1509649 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1678949 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1509649 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -395970 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 729 | NetInvestmentIncome |
| Adjusted Net Income | 729 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 52875 | CashBOY |
| Cash EOY | 126048 | CashEOY |
| Cash EOYFMV | 126048 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 29494 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 504239 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 504239 | SavingsAndTempCashInvstEOYFMV |
| Land Building And Equipment Basis | 13373999 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 377419 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 13941552 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 12996580 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 14423849 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 14023921 | TotalAssetsBOY |
| Total Assets EOY | 13626867 | TotalAssetsEOY |
| Total Assets EOYFMV | 15054136 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 3666 | AccountsPayableBOY |
| Accounts Payable EOY | 2582 | AccountsPayableEOY |
| Other Liabilities BOY | 2 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 2 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 3668 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2584 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 14020253 | UnrestrictedBOY |
| Unrestricted EOY | 13505531 | UnrestrictedEOY |
| Temporarily Restricted EOY | 118752 | TemporarilyRestrictedEOY |
| Total Net Assets BOY | 14020253 | TotalNetAssetsBOY |
| Total Net Assets EOY | 13624283 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 14023921 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 13626867 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 14020253 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -395970 | ExcessOfRevenueOverExpenses |
| Subtotal | 13624283 | Subtotal |
| Total Net Assets Fund Balances EOY | 13624283 | TotalNetAssetsFundBalancesEOY |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 15 | InvestmentIncomeExciseTax |
| Subtotal | 15 | Subtotal |
| Tax Based On Investment Income | 15 | TaxBasedOnInvestmentIncome |
| Tax Due | 15 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
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 | AZ | 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.Rodencrater.org | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORDSTROM & ASSOCIATES PC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9282260937 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 W DALE AVE SUITE 2 | AddressLine1 |
| City | FLAGSTAFF | City |
| State | AZ | State |
| ZIP Code | 86001 | ZIPCode |
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 | true | 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 (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| MICHAEL GOVAN | ||||||
| 5905 W WILSHIRE BLVD | LOS ANGELES | CA | 90056 | Vice President | 0.00 | 0 |
| SUZANNE DEAL BOOTH | ||||||
| 201 CARMELINA AVE | LOS ANGELES | CA | 90049 | Vice President | 0.00 | 0 |
| RICHARD ANDREWS | ||||||
| 1862 E HAMLIN STREET | SEATTLE | WA | 98112 | President | 8.00 | 10000 |
| NANCY TAYLOR | ||||||
| RT 4 BOX 705 | FLAGSTAFF | AZ | 86001 | Treasurer | 40.00 | 25000 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES BOWELS | Name |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 W LOWER COCONINO | AddressLine1 |
| City | FLAGSTAFF | City |
| State | AZ | State |
| ZIP Code | 86001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | SECURITY | Title |
| Average Hours Per Week | 40.00 | AverageHoursPerWeek |
| Compensation | 65000 | Compensation |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tom McGrath Consulting Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4225 E Coburn | AddressLine1 |
| City | Flagstaff | City |
| State | AZ | State |
| ZIP Code | 86004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | construction liaison | TypeOfService |
| Compensation | 163851 | Compensation |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NATURE OF PERCEPTION IN CONJUNCTION WITH THE SCIENCE OF ASTRONOMY IN THE FORM OF EDUCATIONAL ACTIVITIES CARRIED OUT BY PRACTICAL DEMONSTRATION AND PUBLISHED ARTICLES TO THE GENERAL PUBLIC. CONSTRUCTION OF BUILDINGS FOR SCIENTIFIC STUDY IS TAKING PLACE AT THE PRESENT TIME. | 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 | 1509649 | ExpensesAndContributions |
| Qualifying Distributions | 1509649 | QualifyingDistributions |
| Adj Qualifying Distributions | 1509649 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 1999-09-29 | 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 | 1509649 | CurrentYear |
| Year1 | 487998 | Year1 |
| Year2 | 476944 | Year2 |
| Year3 | 460615 | Year3 |
| Total | 2935206 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 1509649 | CurrentYear |
| Year1 | 487998 | Year1 |
| Year2 | 476944 | Year2 |
| Year3 | 460615 | Year3 |
| Total | 2935206 | Total |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 13626867 | CurrentYear |
| Year1 | 14023919 | Year1 |
| Year2 | 14980170 | Year2 |
| Year3 | 14867600 | Year3 |
| Total | 57498556 | Total |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 13626867 | CurrentYear |
| Year1 | 14023919 | Year1 |
| Year2 | 14980170 | Year2 |
| Year3 | 14867600 | Year3 |
| Total | 57498556 | 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) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Code | 900001 | BusinessCode |
| Unrelated Business Income | $729 | UnrelatedBusinessIncomeAmount |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|
| REBATE | ||
| CONSTRUCTION REMEDIATION | 1 | $801,250 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $729 | UnrelatedBusinessIncomeAmount |
| Exclusion | $801,250 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 801979 | TotalPartXVIA |
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 (3 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 3 | BRUCE HALLEY FAMILY FOUNDATION | 20225 N SCOTTSDALE | SCOTTSDALE | AZ | 85255 | 75000 | X |
| 2 | LOS ANGELES COUNTY MUSEUM | 5905 WILSHIRE BLVD | LOS ANGELES | CA | 90036 | 385000 | X |
| 1 | LANNAN FOUNDATION | 313 READ STREET | SANTE FE | NM | 87501 | 20000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $8,475 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 8475 | DisbursementsCharitablePrps |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Explanation ContractorCompExplanation
Contractor Name Business ContractorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tom McGrath Consulting Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | laison between artist, architects, engineers, construction companies for the project | Explanation |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (10 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Computation MethodComputationMethod | RateRate | Current Year ExpenseCurrentYearExpense | Prior Years DepreciationPriorYearsDepreciation | LifeLife |
|---|---|---|---|---|---|---|---|
| PHASE 1 - BLDG CONSTRUCTI | 2009-12-31 | 11446872 | 87 | 0.0139 | 159226 | ||
| TRAILER | 2009-01-20 | 4500 | 54 | 0.2000 | 900 | 450 | |
| STORAGE UNIT | 2006-10-30 | 7228 | 58 | 0.1428 | 1032 | 2582 | |
| TRAVEL TRAILER | 2006-11-06 | 4500 | 54 | 0.2000 | 900 | 2250 | |
| LODGE FURNITURE | 2005-12-31 | 835 | 91 | 119 | 417 | 7.0000 | |
| EQUIPMENT | 2005-01-01 | 2287 | 91 | 230 | 2057 | 5.0000 | |
| LODGE FURNITURE | 2003-09-30 | 26765 | 91 | 3824 | 21988 | 7.0000 | |
| METES & BOUNDS HOUSE | 1999-10-29 | 82618 | 87 | 0.0256 | 2118 | 20565 | |
| LAND IMPROVMENTS | 1997-12-31 | 8760 | 67 | 0.0667 | 584 | 6716 | |
| LAND IMPROV.-WELL | 1996-07-01 | 5500 | 67 | 0.0667 | 367 | 4587 |
Employee Compensation Expln EmployeeCompensationExpln
Employee Comp Explanation EmployeeCompExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Employee Name | JAMES BOWELS | EmployeeName |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | STATEMENT 1-ACONSTRUCTION REMEDIATION SETTLEMENTTHIS STATEMENT IS TO PROVIDE ADDITIONAL INFORMATION CONCERNING THE AMOUNT REPORTED ON FORM 990-PF PART 1 LINE 11 AND FORM 990-PF PART 1 LINE 23.990-PF PART 1 LINE 11:THE AMOUNT LISTED ON THIS LINE RELATES TO PAYMENTS THE FOUNDATION RECEIVED AS A RESULT OF LEGAL ACTION TAKEN BY THE FOUNDATION. THIS ACTION WAS TAKEN TO REMEDY DEFECTS IN THE CONSTRUCTION OF A TUNNEL BUILT ON THE FOUNDATIONS PROPERTY FOR WHICH THE WORK PERFORMED DID NOT MEET THE CONTRACTED STANDARDS. THE SETTLEMENT AMOUNT WAS RECEIVED FROM THE FOLLOWING CONTRACTORS:KIEWIT WESTERN COMPANY $ 185,000HOPPER FINISHES, INC $ 100,000MKB CONSTRUCTION $ 114,170TNEMEC PAINT CO $ 251,250SKIDMORE OWINGS & MERRILL $ 150,000990-PF PART 1 LINE 23:CONSTRUCTION REMEDIATION EXPENSE - FAULTY CIPFURTHER, THE ORIGINAL WORK PERFORMED BY THE CONTRACTORS HAD BEEN CAPITALIZED AND PLACED INTO CONSTRUCTION IN PROCESS, PENDING THE FOUNDATIONS DECISION THAT THE WORK WAS COMPLETED AND IN USE FOR TAX DEPRECIATION PURPOSES. IT HAS BEEN DETERMINED FROM REVIEW OF THE HISTORICAL RECORDS OF THE CONTRACTS THAT THE COSTS INCURRED DURING THE ORIGINAL CONSTRUCTION WERE APPROXIMATELY $1,080,000. AS SUCH THE FOUNDATION HAS DECIDED THAT IS APPROPRIATE TO WRITE THESE COSTS OFF AS AN EXPENSE IN THE CURRENT FISCAL YEAR AND WILL CAPITALIZE THE COSTS OF REPAIR ON THE DAMAGED AREAS AS THEY ARE COMPLETED. | Explanation |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (6 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Book ValueBookValue | EOYFMVEOYFMV | Accumulated DepreciationAccumulatedDepreciation |
|---|---|---|---|---|
| Land | 1111751 | 1111751 | 1111751 | |
| Improvements | 81867 | 2451 | 2451 | 79416 |
| Buildings | 12054574 | 11872665 | 13300000 | 181909 |
| Machinery and Equipment | 72845 | 347 | 347 | 72498 |
| Furniture and Fixtures | 37115 | 4866 | 4800 | 32249 |
| Auto./Transportation Equip. | 15847 | 4500 | 4500 | 11347 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $1,538 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 1538 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (17 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| WEBSITE | 1000 | 1000 |
| TELEPHONE AND INTERNET | 3522 | 3522 |
| SPECIAL EVENTS | 568 | 568 |
| RODEN CRATER FIELD OFFICE | 165634 | 165634 |
| Rental Expenses | 3212 | 3212 |
| POSTAGE | 620 | 620 |
| PERMITS & LICENSE | 10 | 10 |
| PAYROLL PROCESSING | 757 | 757 |
| OFFICE EXPENSE | 739 | 739 |
| MISC. EXPENSE | 1931 | 1931 |
| LAND LEASE | 7995 | 7995 |
| INSURANCE | 19268 | 19268 |
| ENTERTAINMENT | 59 | 59 |
| CRATER REPAIRS & MAINT | 68754 | 68754 |
| CONSTRUCTION REMEDIATION-EXP FAULTY CIP | 1080000 | 1080000 |
| BANK CHARGES | 49 | 49 |
| AUTO | 2607 | 2607 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONSTRUCTION REMEDIATION | Description |
| Revenue And Expenses Per Books | 801250 | RevenueAndExpensesPerBooks |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Rounding | Description |
| BOY Book Value | 2 | BOYBookValue |
| EOY Book Value | 2 | EOYBookValue |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| PROPERTY TAXES | $538 | 538 |
| PAYROLL TAXES | $7,092 | 7092 |
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