Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Russell Kantor Next Steps Fund
990EZ • Fiscal year 2021 • EIN 47-5564556
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$376,701
Down $28,839 (-7.1%) from 2020
Net Assets
Down$376,701
Down $28,839 (-7.1%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Down$0
Down $5,944 (-100%) from 2020
Expenses
Down$28,839
Down $56,565 (-66%) from 2020
Net Income
Up-$28,839
Up $50,621 (+64%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $0
Mission and Program Overview
Mission
To support training and scholarships for the young men and women as they head out into their futures.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION DONATED $25,000 TO LA CONSERVATION CORPS FOR SCHOLARSHIP, JOB SKILLS TRAINING, AND NEXT STEP EDUCATION AND MATERIALS. THE AMOUNT USED TO PURCHASE 17 LAPTOPS FOR CORPSMEMBER. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL KANTOR | CEO | - | $0 | - | - |
| HEIDI SCHULMAN | Secretary | - | $0 | - | - |
| ANN HOLLISTER | CEO | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Russell Kantor Next Steps Fund
- EIN
- 47-5564556
- Phone
- 3104580958
- Address
- 1117 SAN VICENTE BLVD, SANTA MONICA, CA 90402
Signing Officer
- Name
- Michael Kantor
- Title
- CEO
- Phone
- 3104580958
- Signed
- 2022-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Taylor and Lieberman Aac
- Address
- 10866 WILSHIRE BLVD STE 900, LOS ANGELES, CA 90024
- Preparer
- Robert H Miller
- Phone
- 3104759520
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: assistance to underprepared young adulth. Grantee name: la conservation corps. Grantee address: 1400 n spring street los angeles, ca 90012. Property description: cash. Date of gift: 12/14/21. Amount given: 25,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: accounting fees. Amount: 1,935. Description: legal fees. Amount: 1,389. Description: irs filing fees. Amount: 500. Description: bank fees. Amount: 15. Total to form 990-ez, line 16: 3,839.”
Form 990 Schedule A Line 10
“The 2021 990-ez tax return was rejected on november 15, 2022 and again on november 23, 2022. The reason for the rejection was that the irs had not completed paperwork changing the classification of the foundation from a 990-pf filer to a 990 series filer. The foundation received clearance for the reclassification from the irs on december 1, 2021. As of november 15 the clearence still had not been entered into irs computers. Irs changed some codes so i could e-file the return with the wrong classification until irs could complete the classification change.”
Raw XML Appendix147 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL KANTOR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3104580958 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1117 SAN VICENTE BLVD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SANTA MONICA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90402 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 405540 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 376701 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -28839 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 405540 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 376701 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 25000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 405540 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 376701 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 405540 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 376701 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL KANTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HEIDI SCHULMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANN HOLLISTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CEO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3839 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SUPPORT TRAINING AND SCHOLARSHIPS FOR THE YOUNG MEN AND WOMEN AS THEY HEAD OUT INTO THEIR FUTURES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION DONATED $25,000 TO LA CONSERVATION CORPS FOR SCHOLARSHIP, JOB SKILLS TRAINING, AND NEXT STEP EDUCATION AND MATERIALS. THE AMOUNT USED TO PURCHASE 17 LAPTOPS FOR CORPSMEMBER. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 28839 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | LACORPS.ORG/2019RKAWARDEES/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5944 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63465 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 412747 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106650 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 588806 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 588806 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5944 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63465 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 412747 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106650 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 588806 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 5944 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 63465 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 412747 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106650 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 588806 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: ASSISTANCE TO UNDERPREPARED YOUNG ADULTH. GRANTEE NAME: LA CONSERVATION CORPS. GRANTEE ADDRESS: 1400 N SPRING STREET LOS ANGELES, CA 90012. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/14/21. AMOUNT GIVEN: 25,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTING FEES. AMOUNT: 1,935. DESCRIPTION: LEGAL FEES. AMOUNT: 1,389. DESCRIPTION: IRS FILING FEES. AMOUNT: 500. DESCRIPTION: BANK FEES. AMOUNT: 15. TOTAL TO FORM 990-EZ, LINE 16: 3,839. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE 2021 990-EZ TAX RETURN WAS REJECTED ON NOVEMBER 15, 2022 AND AGAIN ON NOVEMBER 23, 2022. THE REASON FOR THE REJECTION WAS THAT THE IRS HAD NOT COMPLETED PAPERWORK CHANGING THE CLASSIFICATION OF THE FOUNDATION FROM A 990-PF FILER TO A 990 SERIES FILER. THE FOUNDATION RECEIVED CLEARANCE FOR THE RECLASSIFICATION FROM THE IRS ON DECEMBER 1, 2021. AS OF NOVEMBER 15 THE CLEARENCE STILL HAD NOT BEEN ENTERED INTO IRS COMPUTERS. IRS CHANGED SOME CODES SO I COULD E-FILE THE RETURN WITH THE WRONG CLASSIFICATION UNTIL IRS COULD COMPLETE THE CLASSIFICATION CHANGE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990 SCHEDULE A LINE 10 |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL KANTOR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3104580958 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE RUSSELL KANTOR NEXT STEPS FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RUSS |
| ReturnHeader/Filer/EIN | 0 | 475564556 |
| ReturnHeader/Filer/PhoneNum | 0 | 3104580958 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1117 SAN VICENTE BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SANTA MONICA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90402 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 953279305 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TAYLOR AND LIEBERMAN AAC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10866 WILSHIRE BLVD STE 900 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90024 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3104759520 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT H MILLER |
| ReturnHeader/ReturnTs | 0 | 2022-12-02T15:57:03-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MICHAEL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KANTOR |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $376,701
- Liabilities
- $0
- Net assets
- $376,701
- Revenue
- $0
- Expenses
- $28,839
- Net income
- -$28,839