Form 990 for tax year 2023

Filed by The Amazing X Charitable Trust.

Totals

Total revenue: $243,472
Total expenses: $310,513
Contributions and grants received: $250
Grants paid: $243,300
Program service revenue: $0
Investment income: $243,222
Other revenue: $0
Total assets, end of year: $6,307,870
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $6,307,870
Program services expenses (Part IX): $243,300
Management and general expenses: $67,213
Fundraising expenses: $0
Program service expenses (Part III): $243,300

Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$250
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $188,738 · excluded $188,738
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $175,442
7b · Less cost or other basis and sales expenses

securities $120,958
7c · Gain or loss

securities $54,484 · other assets $0
7d · Net gain or loss

total $54,484 · excluded $54,484
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $243,300 · program services $243,300
11a · Fees: management

total $59,334 · management and general $59,334
11f · Fees: investment management

total $4,649 · management and general $4,649
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $645 · management and general $645
23 · Insurance

total $2,585 · management and general $2,585
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $280
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $2,586 · end of year $2,656
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $5,754,433 · end of year $6,305,214
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $280 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $5,757,019 · end of year $6,307,870

Mission and programs · 2023

Mission

TO SUPPORT, BENEFIT AND PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSE OF FREMONT AREA COMMUNITY FOUNDATION THROUGH GRANTS WHICH BENEFIT PEOPLE WITH DISABILITIES AS WELL AS GENERAL CHARITABLE PURPOSES IN NEWAYGO COUNTY AND THE SURROUNDING AREA.

Activities or mission (Part I)

TO SUPPORT, BENEFIT AND PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSE OF FREMONT AREA COMMUNITY FOUNDATION THROUGH GRANTS WHICH BENEFIT DIFFERENTLY ABLED PERSONS AS WELL AS GENERAL CHARITABLE PURPOSES IN NEWAYGO COUNTY AND THE SURROUNDING AREA.

TO BENEFIT AND SUPPORT FREMONT AREA COMMUNITY FOUNDATION THROUGH A GRANT WHICH BENEFITS PEOPLE WITH DISABILITIES AS WELL AS GENERAL CHARITABLE PURPOSES IN NEWAYGO COUNTY AND THE SURROUNDING AREA.

Expenses $243,300 · Grants $243,300

As filed on the 2023 return.

Listed in Part VII

Mary Ethel LobrigasMARY ETHEL LOBRIGAS

SECRETARY/TREASURER

Total calculated

$0

Hours/week

1
Nate KooistraNATE KOOISTRA

PRESIDENT

Total calculated

$0

Hours/week

1
Dawn AndersonDAWN ANDERSON

TRUSTEE

Total calculated

$0

Hours/week

1
Helen TaubeHELEN TAUBE

TRUSTEE

Total calculated

$0

Hours/week

1
Nicholas SchadewaldNICHOLAS SCHADEWALD

PART-YEAR TRUSTEE

Total calculated

$0

Hours/week

1
Nicholas StraitNICHOLAS STRAIT

TRUSTEE

Total calculated

$0

Hours/week

1
Peggy RosslerPEGGY ROSSLER

TRUSTEE

Total calculated

$0

Hours/week

1
Randy McDonaldRANDY MCDONALD

PART-YEAR TRUSTEE

Total calculated

$0

Hours/week

1
Susan WenteSUSAN WENTE

TRUSTEE

Total calculated

$0

Hours/week

1
Susan ZeeripSUSAN ZEERIP

PART-YEAR TRUSTEE

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

FREMONT AREA COMMUNITY FOUNDATION

$243,300

SEE STATEMENT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

FREMONT AREA COMMUNITY FOUNDATION

501(c)(3) · PROVIDE CHARITABLE BENEFITS TO PEOPLE OF NEWAYGO COUNTY, MI AND WESTERN MI · MI

Directly controlled by NA
THE FREMONT AREA ELDERLY NEEDS FUND

501(c)(3) · BENEFIT AND SUPPORT FREMONT AREA COMMUNITY FOUNDATION · MI · controlled entity

Directly controlled by FREMONT AREA COMMUNITY FOUNDATION

Provenance

Return type: form_990
Tax year: 2023
Filed: 23 October 2024
IRS schema version: 2023v5.1
Source object: 202432979349301913

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