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Nonprofiteer
← PIABA FOUNDATION INC

Form 990 for tax year 2022

Filed by PIABA FOUNDATION INC.

Totals

Total revenue
$2,187
Total expenses
$19,455
Contributions and grants received
$1,010
Grants paid
$2,044
Program service revenue
$0
Investment income
$57
Other revenue
$1,120
Total assets, end of year
$6,152
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,152
Program services expenses (Part IX)
$2,044
Management and general expenses
$10,344
Fundraising expenses
$7,067
Program service expenses (Part III)
$2,044

Program services were 10.5% 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

    $1,010

  • 3 · Investment income

    total $57 · related or exempt $57

  • 8a · Fundraising events: gross income

    $1,120

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $1,120 · excluded $1,120

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,044 · program services $2,044

  • 11a · Fees: management

    total $240 · management and general $240

  • 11c · Fees: accounting

    total $525 · management and general $525

  • 13 · Office expenses

    total $761 · management and general $611 · fundraising $150

  • 14 · Information technology

    total $228 · management and general $228

  • 16 · Occupancy

    total $7,500 · management and general $7,500

  • 23 · Insurance

    total $837 · management and general $837

  • 24a · Other expenses: REGISTRATION FEES

    total $7,031 · management and general $147 · fundraising $6,884

  • 24b · Other expenses: BANK FEES

    total $289 · management and general $256 · fundraising $33

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,841 · end of year $4,632

  • 2 · Savings and temporary cash investments

    beginning of year $3,579 · end of year $1,520

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $23,420 · end of year $6,152

Mission and programs · 2022

Mission

TO PROMOTE INVESTOR EDUCATION BY PROVIDING THE PUBLIC WITH INFORMATION ABOUT ABUSES IN THE FINANCIAL SERVICES INDUSTRY AND THE SECURITIES DISPUTE RESOLUTION PROCESS.

  • SPONSORS THE JAMES E. BECKLEY SECURITIES ARBITRATION AND LAW WRITING COMPETITION. ENTRIES ARE JUDGED BASED ON QUALITY OF RESEARCH AND AUTHORITY PROVIDED; ACCURACY AND CLARITY OF THE ANALYSIS; COMPLIANCE WITH LEGAL WRITING STANDARDS; AND TECHNICAL QUALITY OF WRITING. STRONG PREFERENCE IS GIVEN TO ARTICLES ADVOCATING PRO-INVESTOR POSITIONS. SCHOLARSHIPS ARE AWARDED FOR 1ST, 2ND AND 3RD PLACE.

    Expenses $2,044 · Grants $2,044

  • PRODUCED AND RELEASED QUESTION AND ANSWER INVESTOR EDUCATION VIDEOS RELEASED VIA THE PIABA FOUNDATION WEBSITE AND FACEBOOK PAGE. VIDEOS INCLUDED SECURITIES ARBITRATION ATTORNEYS, EXPERTS AND REGULATORS PROVIDING INFORMATION TO THE INVESTING PUBLIC ON AVOIDING BECOMING A VICTIM OF FINANCIALS FRAUD AND INVESTOR/CUSTOMER RIGHTS IN FINRA ARBITRATION.

  • TO INCREASE PUBLIC INVESTOR AWARENESS OF EXPUNGEMENT ISSUES, PREPARE AND PUBLISH REPORTS AND LITERATURE REGARDING ITS MEANING AND EFFECTS. ADVOCATE ON BEHALF OF PUBLIC INVESTORS WHO MAY BE IMPACTED BY EXPUNGEMENT ABUSES.

As filed on the 2022 return.

Listed in Part VII

  • Jason Doss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Richard S Frankowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Peter Mougey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Shaw

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Richard Lewins

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Lisa Braganca

    VICE PRESICENT

    Total calculated
    $0
    Hours/week
    2.5

  • Nicholas Guiliano

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
11 August 2023
IRS schema version
2022v5.0
Source object
202332239349300623

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