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WELZ FAMILY CHILDRENS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WELZ FAMILY CHILDRENS FOUNDATION (EIN 68-6190796)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-06
IRS object ID
202530659349100733
Schema version
2024v5.0
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)
Return2025-03-06T18:48:50-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942896712PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONNIE STONE CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1131 SOUTH AUBURN STREETAddressLine1Txt
CityGRASS VALLEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95945ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN686190796EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WELZ FAMILY CHILDRENS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWELZBusinessNameControlTxt
Phone5302725535PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 3046AddressLine1Txt
CityGRASS VALLEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95945ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUDY BAGLEYPersonNm
Person TitleDirectorPersonTitleTxt
Signature2025-03-06SignatureDt
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 PersonCONNIE STONEPreparerPersonNm
PTINP00082405PTIN
Phone5302736638PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Other Income Rev And Expnss$54,038OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$54,038TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$350AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$662TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$13,802DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$35,889OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$50,703TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$75,703TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$21,665ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,473CashBOYAmt
Cash EOY$652CashEOYAmt
Sav And Temp Cash Invst BOY$3,903SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,132SavAndTempCashInvstEOYAmt
Other Investments BOY$64,509OtherInvestmentsBOYAmt
Other Investments EOY$66,593OtherInvestmentsEOYAmt
Land Bldg Equip Cost Or Other Bss$744,046LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$254,794LandBldgEquipAccumDeprecAmt
Land BOY$503,054LandBOYAmt
Land EOY$489,252LandEOYAmt
Total Assets BOY$581,939TotalAssetsBOYAmt
Total Assets EOY$560,629TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Other Liabilities BOY$4,665OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,015OtherLiabilitiesEOYAmt
Total Liabilities BOY$4,665TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,015TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$577,274NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$555,614NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$577,274TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$555,614TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$581,939TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$560,629TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$577,274TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$21,665ExcessRevenueOverExpensesAmt
Other Increases$5OtherIncreasesAmt
Subtotal$555,614SubtotalAmt
Tot Net Ast Or Fund Balances EOY$555,614TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1JUDY BAGLEY DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5302711188PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1POB 3046AddressLine1Txt
CityGRASS VALLEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP959453046ZIPCd
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 (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JUDY BAGLEY
POB 3046GRASS VALLEYCA95945Director10.00$0
LENDA WELZ
625 ESKATON CRGRASS VALLEYCA95945Director10.00$0
HOSEA BOSTIC
POB 1861SEQUIMWA98382Director10.00$0
JUDY MICKEL
POB 3046GRASS VALLEYCA95945Director10.00$0
STEVE BAKER
PO BOX 992CEDAR RIDGECA95924Director0.00$0
VICKI DAY
PO BOX 628NEVADA CITYCA95959Director0.00$0
JOHN JEFFERY
11442 N BLOOMFIELDNEVADA CITYCA95959Director0.00$0
FRANS VELTHUIJSEN
13676 AVA CAPNEVADA CITYCA95959Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PROVIDE LOW COST OFFICE SPACE TO NON PROFIT ORGANIZATIONS SERVING CHILDREN.Description1Txt
Expenses1$0Expenses1Amt
Description2OBTAIN RENT FROM PROFIT TENNANTS TO GENERATE INCOME FOR DISTRIBUTION TO CHILDRENS CHARITIES.Description2Txt
Description3REDUCED RENT TO NON PROFITS OF NEVADA COUNTYDescription3Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,000ExpensesAndContributionsAmt
Qualifying Distributions$25,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$27,863ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$24,600ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$19,085ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$21,250ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$23,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$115,798TotalExcessDistributionCyovAmt
Qualifying Distributions$25,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$25,000RemainingDistriFromCorpusAmt
Total Corpus$140,798TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$27,863ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$112,935ExcessDistriCyovToNextYrAmt
Excess From Year4$24,600ExcessFromYear4Amt
Excess From Year3$19,085ExcessFromYear3Amt
Excess From Year2$21,250ExcessFromYear2Amt
Excess From Year1$23,000ExcessFromYear1Amt
Excess From Current Year$25,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLENDA WELZContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
BRIGHT FUTURES
POB 1362GRASS VALLEYCA95945SPONSOR BOWL FOR KIDS SAKE & PALS PROGRAM$5,000
SIERRA HARVEST
140 PARK AVENUEGRASS VALLEYCA95945OUTSIDE KITCHEN, WATER TANK, EXPANDING CROPS$5,000
CHILD ADVOCATES OF NEVADA COUNTY
200 PROVIDENCE MINE RDNEVADA CITYCA95959SPONSORSHIP FOR CHILDREN TO CHILDREN BENEFIT CONCERT$5,000
REDEMPTION YOUTH RANCH
25089 TROY RDGRASS VALLEYCA95949YOUTH REHABILITATION$5,000
MUSIC IN THE MOUNTAINS
131 S AUBURN STGRASS VALLEYCA95945YOUTH MUSIC COMPETITION$5,000NONE
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business531120BusinessCd
Unrelated Business Taxbl Incm$6,335UnrelatedBusinessTaxblIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Business523000BusinessCd
Unrelated Business Taxbl Incm$2,313UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$8,648UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,648TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$350Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (6 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtRtRt
RENTAL BUILDING2004-08-05$484,891$235,927SL40.0000$12,122
MAJOR REPAIRS2018-04-25$17,648$2,581SL$4520.0256
BUILDING IMPROVEMENTS2018-04-25$2,000$291SL$510.0256
BUILDING IMPROVEMENTS2020-07-01$8,399$744SL$2150.0256
BUILDING IMPROVEMENTS2021-07-01$19,648$1,239SL$5040.0256
BUILDING IMPROVEMENTS2023-07-01$17,860$210SL$4580.0256

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
Buildings$484,891$248,049$236,842
Improvements$65,555$6,745$58,810
Land$193,600$193,600

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
BUILDING INSPECTION$2,800
MISCELLANEOUS REIMBURSEMENT$86
NONPROFIT LEASE GRANT$418
OFFICE SUPPLIES$397
Rental Expenses$31,588
RETREAT SPEAKER$600

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Other Investment Income$2,313
Rental Income - Noninvestment Property$51,725

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescROUNDINGDesc
Amt$5Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
LEASE DEPOSITS$4,661$5,015
Rounding$4

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmt
INCOME$512
OTHER$80
REGISTRY OF CHARITABLE TRUSTS$70

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