Form 990, Part VI, Section A, Line 2
“Jay ungar, president molly mason, vice presient - marriage”
990 • Fiscal year 2020 • EIN 20-4966800
Scores are not available for this record yet.
Assets
Down$9,161,363
Down $117,659 (-1.3%) from 2019
Net Assets
Down$7,659,122
Down $263,677 (-3.3%) from 2019
Liabilities
Up$1,502,241
Up $146,018 (+11%) from 2019
Revenue
Down$66,753
Down $136,099 (-67%) from 2019
Expenses
Down$311,468
Down $94,681 (-23%) from 2019
Net Income
Down-$244,715
Down $41,418 (-20%) from 2019
The ashokan foundation,inc.supports the ashokan center inc.,( a related organization), which represents programs that developa new vision for the future combining nature, history, and the arts.
The ashokan foundation, inc. Supports the ashokan center, inc, a related organization, which represents programs that develop a new vision for the future combining, nature, history, and the arts.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,823,313 | $6,616,560 | ▼ $206,753 |
| Investments in Publicly Traded Securities | $2,132,787 | $2,323,683 | ▲ $190,896 |
| Cash and Non-Interest-Bearing Accounts | $131,929 | $122,203 | ▼ $9,726 |
| Intangible Assets | $12,055 | $10,323 | ▼ $1,732 |
| Accounts Receivable | $5,544 | - | - |
| Savings and Temporary Cash Investments | $3,794 | $3,794 | → $0 |
| Total Assets | $9,279,022 | $9,161,363 | ▼ $117,659 |
| Other Assets Total | $169,600 | $84,800 | ▼ $84,800 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,356,223 | $1,377,435 | ▲ $21,212 |
| Other Liabilities | - | $123,406 | - |
| Accounts Payable and Accrued Expenses | - | $1,400 | - |
| Total Liabilities | $1,356,223 | $1,502,241 | ▲ $146,018 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,175,482 | $5,637,129 | ▲ $3,461,647 |
| Net Assets With Donor Restrictions | $5,747,317 | $2,021,993 | ▼ $3,725,324 |
| Total Net Assets Fund Balance | $7,922,799 | $7,659,122 | ▼ $263,677 |
| Total Liabilities and Net Assets / Fund Balance | $9,279,022 | $9,161,363 | ▼ $117,659 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,709,299 | $1,411,330 | $7,120,629 |
| Land | $745,000 | - | $745,000 |
| Leasehold Improvements | $128,174 | $85,450 | $213,624 |
| Other Land Buildings | $27,606 | $137,110 | $164,716 |
| Equipment | $6,481 | $11,938 | $18,419 |
| Name | Title |
|---|---|
| Jay Ungar | President |
| Molly Mason | Vice President |
| Marianne Fahs | Director |
| Victor Rosansky | Director |
| Vinnie Martucci | Director |
| Rosemary Nichols | Secretary |
| Dan Gottfired | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $311,468 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $198,064 | $10,424 | - | $208,488 |
| Fees for Services Other | $87,900 | - | - | $87,900 |
| Interest | - | $9,237 | - | $9,237 |
| Insurance | - | $3,647 | - | $3,647 |
| Other Expenses | - | $69 | - | $69 |
| Total Functional Expenses | $285,964 | $25,504 | $0 | $311,468 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $123,406 |
| Due to Ashokan Center | - |
“Jay ungar, president molly mason, vice presient - marriage”
“The president of the board reviews the 990 and a copy is provided to all board member before filing.”
“Annually a conflict of interest statement is signed and conflicts are resolved by a board vote.”
“This information is available upon written request to the organizations address as well as on the nys charities website.”
“No other documents available to the public”
“Amended to include expenses allocated to wiggly bridge repairs of 84,800.”
“Amended to include interest expense on long term debt of 9,237.”
“Amended to reduce amount owed to ashokan center by 84,800.”
“To correct loan balance as of december, 31, 2020 to 1,377,435.”
“To properly record net assets with and without donor restrictions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 128174 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 85450 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 213624 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 27606 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 137110 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 164716 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 123406 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO ASHOKAN CENTER |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6616560 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 123406 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | JAY UNGAR, PRESIDENT MOLLY MASON, VICE PRESIENT - MARRIAGE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT OF THE BOARD REVIEWS THE 990 AND A COPY IS PROVIDED TO ALL BOARD MEMBER BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANNUALLY A CONFLICT OF INTEREST STATEMENT IS SIGNED AND CONFLICTS ARE RESOLVED BY A BOARD VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THIS INFORMATION IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATIONS ADDRESS AS WELL AS ON THE NYS CHARITIES WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AMENDED TO INCLUDE EXPENSES ALLOCATED TO WIGGLY BRIDGE REPAIRS OF 84,800. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AMENDED TO INCLUDE INTEREST EXPENSE ON LONG TERM DEBT OF 9,237. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | AMENDED TO REDUCE AMOUNT OWED TO ASHOKAN CENTER BY 84,800. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | TO CORRECT LOAN BALANCE AS OF DECEMBER, 31, 2020 TO 1,377,435. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TO PROPERLY RECORD NET ASSETS WITH AND WITHOUT DONOR RESTRICTIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, Line 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part X, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part X, Line 23 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part X, Line 27 28 |
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| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
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| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | true |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | true |
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| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 16633 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 2 | 84800 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 3 | 16633 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 1 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 2 | FMV |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 3 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | ASHOKAN CENTER INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | ASHOKAN CENTER INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 2 | ASHOKAN CENTER INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 3 | ASHOKAN CENTER INC |
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| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 9279022 |
| IRS990/TotalAssetsEOYAmt | 0 | 9161363 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 9279022 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9161363 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 25504 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 285964 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 311468 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1356223 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1502241 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1356223 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1502241 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7922799 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 7659122 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 285964 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -955 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 67708 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 66753 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 9279022 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9161363 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | true |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 477 BEAVERKILL RD |
| IRS990/USAddress/CityNm | 0 | OLIVEBRIDGE |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 12477 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.ASHOKANFOUNDATION.ORG |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.