Form 990 for tax year 2022

Filed by The Amazing X Charitable Trust.

Totals

Total revenue: $314,562
Total expenses: $302,012
Contributions and grants received: $300
Grants paid: $236,700
Program service revenue: $0
Investment income: $314,262
Other revenue: $0
Total assets, end of year: $5,757,299
Total liabilities, end of year: $280
Net assets or fund balances, end of year: $5,757,019
Program services expenses (Part IX): $236,700
Management and general expenses: $65,312
Fundraising expenses: $0
Program service expenses (Part III): $236,700

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

$300
2f · All other program service revenue

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

total $192,212 · excluded $192,212
6c · Rental income or loss

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

securities $381,967
7b · Less cost or other basis and sales expenses

securities $259,917
7c · Gain or loss

securities $122,050 · other assets $0
7d · Net gain or loss

total $122,050 · excluded $122,050
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 $236,700 · program services $236,700
11a · Fees: management

total $57,733 · management and general $57,733
11f · Fees: investment management

total $4,734 · management and general $4,734
11g · Fees: other

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

total $280 · management and general $280
23 · Insurance

total $2,565 · management and general $2,565
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 $0 · end 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 $1,173 · end of year $2,586
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 $7,028,267 · end of year $5,754,433
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 $0 · end of year $280
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 $7,029,440 · end of year $5,757,019

Mission and programs · 2022

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 $236,700 · Grants $236,700

As filed on the 2022 return.

Listed in Part VII

Kathy MisakKATHY MISAK

PART YEAR SECRETARY / TREASURER

Total calculated

$0

Hours/week

1
Mary Ethel LobrigasMARY ETHEL LOBRIGAS

PART YEAR SECRETARY/TREASURER

Total calculated

$0

Hours/week

1
Nate KooistraNATE KOOISTRA

PRESIDENT

Total calculated

$0

Hours/week

1
Ada LindermanADA LINDERMAN

TRUSTEE

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 StraitNICHOLAS STRAIT

PART YEAR TRUSTEE

Total calculated

$0

Hours/week

1
Peggy RosslerPEGGY ROSSLER

TRUSTEE

Total calculated

$0

Hours/week

1
Randy McDonaldRANDY MCDONALD

TRUSTEE

Total calculated

$0

Hours/week

1
Susan WenteSUSAN WENTE

TRUSTEE

Total calculated

$0

Hours/week

1
Susan ZeeripSUSAN ZEERIP

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

$236,700

ACTIVITIES AND PROGRAMS THAT BENEFIT PEOPLE WITH DISABILITIES AS WELL AS GENERAL CHARTIABLE PURPOSES IN NEWAYGO COUNTY AND THE SURROUNDING AREAS

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: 2022
Filed: 9 November 2023
IRS schema version: 2022v5.0
Source object: 202343139349303969

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