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HELP SOM-CHILD FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HELP SOM-CHILD FOUNDATION INC (EIN 13-3319142)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-24
IRS object ID
202520559349101112
Schema version
2023v6.0
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)
Return2025-02-24T12:41:00-08:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN871477713PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sasserath & Co LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14175 Veterans Memorial Highway SuitAddressLine1Txt
CityRonkonkomaCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11779ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133319142EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HELP SOM-CHILD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHELPBusinessNameControlTxt
Phone2125819340PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14077 HYLAN BLVD 10AddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10308ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMY MORGAN SOMMERPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-02-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROSEN CPAPreparerPersonNm
PTINP00041268PTIN
Phone6317541600PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,908,758FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$21,404DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,404DividendsNetInvstIncmAmt
Dividends Adj Net Incm$21,404DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$38,746NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$194,376GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$38,746CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$546NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$60,152TotalRevAndExpnssAmt
Total Net Invst Incm$60,152TotalNetInvstIncmAmt
Total Adj Net Incm$21,952TotalAdjNetIncmAmt
Taxes Rev And Expnss$5,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$275OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$275OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$275OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$5,275TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$275TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$275TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$184,875ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$184,875ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$190,150TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$275TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$275TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$184,875TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$129,998ExcessRevenueOverExpensesAmt
Net Investment Income$59,877NetInvestmentIncomeAmt
Adjusted Net Income$21,677AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$5,003SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$25,107SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$25,107SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$473,048CorporateStockBOYAmt
Corporate Stock EOY$458,476CorporateStockEOYAmt
Corporate Stock EOYFMV$1,448,151CorporateStockEOYFMVAmt
Other Investments BOY$551,065OtherInvestmentsBOYAmt
Other Investments EOY$415,535OtherInvestmentsEOYAmt
Other Investments EOYFMV$435,500OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,029,116TotalAssetsBOYAmt
Total Assets EOY$899,118TotalAssetsEOYAmt
Total Assets EOYFMV$1,908,758TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,029,116RetainedEarningBOYAmt
Retained Earning EOY$899,118RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,029,116TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$899,118TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,029,116TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$899,118TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,029,116TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$129,998ExcessRevenueOverExpensesAmt
Subtotal$899,118SubtotalAmt
Tot Net Ast Or Fund Balances EOY$899,118TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

How AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtPropertyPropertyDesc
P2024-01-012024-01-01$2,616$2,070$546$546
P2005-01-012024-01-01$191,422$153,560$37,862$37,862
$338Capital Gain Dividends
FieldValueIRS element (for citing)
Capital Gain Net Income$38,746CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$546NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$832InvestmentIncomeExciseTaxAmt
Subtotal$832SubtotalAmt
Tax Based On Investment Income$832TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,165EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$6,165TotalPaymentsAndCreditsAmt
Overpayment$5,333OverpaymentAmt
Applied To ES Tax$5,333AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125819340PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14077 HYLAN BLVD 10AddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10308ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AMY MORGAN SOMMER
4077 HYLAN BLVD 10STATEN ISLANDNY10308President0.00$0
BEVERLY SOMMER
4077 HYLAN BLVD 10STATEN ISLANDNY10308Vice President0.00$0
ANZHELA SHAPOVALOVA
4077 HYLAN BLVD 10STATEN ISLANDNY10308Treasurer0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,799,465AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$15,055AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,814,520TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,814,520AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$27,218CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,787,302NetVlNoncharitableAssetsAmt
Minimum Investment Return$89,365MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$89,365MinimumInvestmentReturnAmt
Tax Based On Investment Income$832TaxBasedOnInvestmentIncomeAmt
Total Tax$832TotalTaxAmt
Distributable Before Adj$88,533DistributableBeforeAdjAmt
Distributable Before Ded$88,533DistributableBeforeDedAmt
Distributable As Adjusted$88,533DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$184,875ExpensesAndContributionsAmt
Qualifying Distributions$184,875QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$88,533DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$12,678ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$59,884ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$55,679ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$116,874ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$245,115TotalExcessDistributionCyovAmt
Qualifying Distributions$184,875QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$88,533AppliedToCurrentYearAmt
Remaining Distri From Corpus$96,342RemainingDistriFromCorpusAmt
Total Corpus$341,457TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$12,678ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$328,779ExcessDistriCyovToNextYrAmt
Excess From Year4$59,884ExcessFromYear4Amt
Excess From Year2$55,679ExcessFromYear2Amt
Excess From Year1$116,874ExcessFromYear1Amt
Excess From Current Year$96,342ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAMY MORGAN SOMMERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHEDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SCHEDULEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Recipient Relationshipn/aRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeVARIOUSGrantOrContributionPurposeTxt
Amt$184,875Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$184,875TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$21,404RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$38,746RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$60,152RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$60,152TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMORGAN STANLEY - EQUITIESStockNm
EOY Book Value$458,476EOYBookValueAmt
EOYFMV$1,448,151EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
MORGAN STANLEY - OTHERAT COST$27,318$87,082
MORGAN STANLEY - MUTUAL FUNDSAT COST$388,217$348,418

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
PORTFOLIO DEDUCTIONS$25$25$25
REGISTRATION FEES$250$250$250

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$5,000Amt

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