Form 990 for tax year 2022
Filed by PLANTERS TELEPHONE FOUNDATION INC.
Totals
- Total revenue
- $247,242
- Total expenses
- $302,134
- Contributions and grants received
- $0
- Grants paid
- $214,200
- Program service revenue
- $0
- Investment income
- $247,242
- Other revenue
- $0
- Total assets, end of year
- $7,192,948
- Total liabilities, end of year
- $72,435
- Net assets or fund balances, end of year
- $7,120,513
- Program services expenses (Part IX)
- $270,757
- Management and general expenses
- $31,377
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $270,757
Program services were 89.6% 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.
-
3 · Investment income
total $134,771 · related or exempt $134,771
-
7a · Gross sales of assets other than inventory
securities $376,296
-
7b · Less cost or other basis and sales expenses
securities $263,825
-
7c · Gain or loss
securities $112,471
-
7d · Net gain or loss
total $112,471 · related or exempt $112,471
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $214,200 · program services $214,200
-
5 · Compensation of officers, directors and key employees
total $16,800 · management and general $16,800
-
7 · Other salaries and wages
total $8,700 · management and general $8,700
-
10 · Payroll taxes
total $721 · management and general $721
-
11c · Fees: accounting
total $1,350 · management and general $1,350
-
11f · Fees: investment management
total $56,557 · program services $56,557
-
24a · Other expenses: FOREIGN TAXES
total $3,776 · management and general $3,776
-
24b · Other expenses: GENERAL & ADMIN
total $30 · management and general $30
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,050 · end of year $749
-
11 · Investments: publicly traded securities
beginning of year $8,373,895 · end of year $7,192,199
-
17 · Accounts payable and accrued expenses
beginning of year $435 · end of year $435
-
18 · Grants payable
beginning of year $83,000 · end of year $72,000
-
27 · Net assets without donor restrictions
beginning of year $8,293,510 · end of year $7,120,513
Mission and programs · 2022
Mission
PROVIDE IMPROVED PUBLIC SAFETY, EDUCATION AND RECREATION THROUGH GRANTS TO TOWNS, FIRE DEPARTMENTS, RECREATION DEPARTMENTS, UNIVERSITIES AND OTHER PUBLIC WELFARE ORGANIZATIONS.
Activities or mission (Part I)
COMMUNITY SERVICE
-
PROVIDE IMPROVED PUBLIC SAFETY, EDUCATION AND RECREATION THROUGH GRANTS TO TOWNS, FIRE DEPARTMENTS, RECREATION DEPARTMENTS, UNIVERSITIES AND OTHER PUBLIC WELFARE ORGANIZATIONS.
Expenses $270,757 · Grants $214,200
As filed on the 2022 return.
Listed in Part VII
-
John C LacienskiJOHN C LACIENSKI
DIRECTOR
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Jeff LariscyJEFF LARISCY
PRESIDENT
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Ramona KesslerRAMONA KESSLER
DIRECTOR
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Franklin GoldwireFRANKLIN GOLDWIRE
DIRECTOR/CFO
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Edwin N LovettEDWIN N LOVETT
DIRECTOR/SECRETARY
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Stephen MilnerSTEPHEN MILNER
OFFICER
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Brenda ScottBRENDA SCOTT
DIRECTOR
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Doug DirstDOUG DIRST
DIRECTOR
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $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
-
PROMOTE HEALTH, EDUCATION AND WELFARE
-
PROMOTE EDUCATION
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.
-
PLANTERS RURAL TELEPHONE COOPERATIVE INC
501(C)(12) · MEMBER OWNED TELEPHONE COOPERATIVE · GA
-
PLANTERS TELECOMMUNICATIONS FOUNDATION INC
501(C)(3) · CHARITABLE FOUNDATION · GA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331999349301553
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