UPSIDE DOWN FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- UPSIDE DOWN FOUNDATION (EIN 20-3701540)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-09
- IRS object ID
- 201131299349101518
- Schema version
- 2010v3.2
- 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 | 2011-05-09T13:55:22-07:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cashion Go & Company LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 S Jackson Street | AddressLine1 |
| City | Glendale | City |
| State | CA | State |
| ZIP Code | 91205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203701540 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Upside Down Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UPSI | NameControl |
| Phone | 8189524120 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 399 Flintridge Oaks Dr | AddressLine1 |
| City | La Canada | City |
| State | CA | State |
| ZIP Code | 91011 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jerry Wada | Name |
| Title | President & Dir | Title |
| Date Signed | 2011-05-09 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Aurora N Go | Name |
| Phone | 8185076874 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 259364 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 55720 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 5736 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 5736 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 5736 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 0 | NetGainSaleAssetsRevAndExpnss |
| Total Revenue And Expenses | 61456 | TotalRevenueAndExpenses |
| Total Net Investment Income | 5736 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 5736 | TotalAdjustedNetIncome |
| Deprec And Depletion Rev And Expnss | 0 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 71 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 71 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 55000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 55000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 55071 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 55000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 6385 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 5736 | NetInvestmentIncome |
| Adjusted Net Income | 5736 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 12 | CashBOY |
| Cash EOY | 110 | CashEOY |
| Cash EOYFMV | 110 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 94 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 644 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 644 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 11677 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 11985 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 21330 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 240852 | InvestmentsOtherBOY |
| Investments Other EOY | 246281 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 237280 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 252635 | TotalAssetsBOY |
| Total Assets EOY | 259020 | TotalAssetsEOY |
| Total Assets EOYFMV | 259364 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 252635 | RetainedEarningsBOY |
| Retained Earnings EOY | 259020 | RetainedEarningsEOY |
| Total Net Assets BOY | 252635 | TotalNetAssetsBOY |
| Total Net Assets EOY | 259020 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 252635 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 259020 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 252635 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 6385 | ExcessOfRevenueOverExpenses |
| Subtotal | 259020 | Subtotal |
| Total Net Assets Fund Balances EOY | 259020 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 97090 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 159894 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.60722 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 44961 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 155102 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.28988 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 52608 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 150168 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.35033 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 24755 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 86272 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.28694 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 24000 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 48269 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.49721 | DistributionRatioYear5 |
| Total Distribution Ratio | 2.03158 | TotalDistributionRatio |
| Average Distribution Ratio | 0.40632 | AverageDistributionRatio |
| Net Noncharitable Assets | 209068 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 84948 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 57 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 85005 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 55000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 115 | InvestmentIncomeExciseTax |
| Subtotal | 115 | Subtotal |
| Tax Based On Investment Income | 115 | TaxBasedOnInvestmentIncome |
| Tax Due | 115 | 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 | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | CA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | 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 | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jerry Wada | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8189524120 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 399 Flintridge Oaks Dr | AddressLine1 |
| City | La Canada | City |
| State | CA | State |
| ZIP Code | 91011 | 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 |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Jane Wada | ||||||
| 399 Flintridge Oaks Dr | La Canada | CA | 91011 | Secretary & Dir | 0.00 | 0 |
| Jerry Wada | ||||||
| 399 Fllintridge Oaks Dr | La Canada | CA | 91011 | President & Dir | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 210929 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1323 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 212252 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 212252 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 3184 | CashDeemedCharitable |
| Net Noncharitable Assets | 209068 | NetNoncharitableAssets |
| Minimum Investment Return | 10453 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 10453 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 115 | TaxBasedOnInvestmentIncome |
| Total Tax | 115 | TotalTax |
| Distributable Amount Before Adj | 10338 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 10338 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 10338 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 55000 | ExpensesAndContributions |
| Qualifying Distributions | 55000 | QualifyingDistributions |
| Adj Qualifying Distributions | 55000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 10338 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 21587 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 20557 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 45357 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 37323 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 89105 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 213929 | TotalExcessDistriCarryover |
| Qualifying Distributions | 55000 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 10338 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 44662 | RemainingDistriFromCorpus |
| Total Corpus | 258591 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 21587 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 237004 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 20557 | ExcessFromYear4 |
| Excess From Year3 | 45357 | ExcessFromYear3 |
| Excess From Year2 | 37323 | ExcessFromYear2 |
| Excess From Year1 | 89105 | ExcessFromYear1 |
| Excess From Current Year | 44662 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jerry Wada | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| First Evangelical Church Assoc | |||||||
| 40 West Bay State St | Alhambra | CA | 91801 | none | Public | Mission to India | $5,000 |
| Robert Pearl Allen | |||||||
| P O Box 59 | Mokelumne Hill | CA | 95245 | none | Public | Missionaries in China | $10,000 |
| Grace in Christ Foundation | |||||||
| 30411 Rhone Dr | Rancho Palos Verdes | CA | 90275 | none | Public | Missionary work in China | $20,000 |
| Crystal Powers | |||||||
| 17541 Johnstown Ct | Ft Myers | FL | 33967 | none | Public | Missionary work in Paraguay | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 55000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $5,736 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,736 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 5736 | 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 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Registration fees | 65 |
| Bank charges | 6 |
Comments