Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $250,454

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $78,184 · excluded $78,184

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $37,005

• 7b · Less cost or other basis and sales expenses

  securities $9,758

• 7c · Gain or loss

  securities $27,247 · other assets $0

• 7d · Net gain or loss

  total $27,247 · excluded $27,247

• 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 $47,953 · program services $47,953

• 2 · Grants to domestic individuals

  total $5,500 · program services $5,500

• 11c · Fees: accounting

  total $10,192 · management and general $10,192

• 11f · Fees: investment management

  total $9,742 · management and general $9,742

• 11g · Fees: other

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

• 13 · Office expenses

  total $785 · fundraising $785

• 24a · Other expenses: Program Costs

  total $6,332 · fundraising $6,332

• 24b · Other expenses: Resident Activities & Functions

  total $4,687 · fundraising $4,687

• 24e · All other expenses

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

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $152,039 · end of year $328,145

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $2,539,353 · end of year $2,877,703

• 12 · Investments: other securities

  beginning of year $0

• 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

  end of year $643

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $787,886 · end of year $1,287,704

• 28 · Net assets with donor restrictions

  beginning of year $1,903,506 · end of year $1,917,501

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY THE FOUNDATION'S SOLE MEMBER, LARKSFIELD PLACE RETIREMENT COMMUNITIES, INC USING THE FOLLOWING: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT REVIEW COMPENSATION SURVEY/STUDY APPROVAL BY THE BOARD/COMPENSATION COMMITTEE