Civic Intelligence

Samstone Foundation

990PF • Fiscal year 2016 • EIN 47-6586278

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

Andersen 1700 E Putnam Ave No 408Old Greenwich, CT 06870

(203) 987-3660

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

6.56x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Net Margin

8th percentile

-93%

Higher net margin than 8% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$2,022,127

No earlier filing loaded for comparison.

Net Assets

$1,974,894

No earlier filing loaded for comparison.

Liabilities

$47,233

No earlier filing loaded for comparison.

Revenue

$7,200

No earlier filing loaded for comparison.

Expenses

$13,884

No earlier filing loaded for comparison.

Net Income

-$6,684

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $2,022,127Liabilities 2016: $47,233Net Assets 2016: $1,974,8942016Assets 2017: $1,966,867Liabilities 2017: $0Net Assets 2017: $1,966,8672017Assets 2018: $1,993,473Liabilities 2018: $0Net Assets 2018: $1,993,4732018Assets 2019: $1,901,505Liabilities 2019: $0Net Assets 2019: $1,901,5052019Assets 2020: $1,786,915Liabilities 2020: $0Net Assets 2020: $1,786,9152020Assets 2021: $1,845,596Liabilities 2021: $0Net Assets 2021: $1,845,5962021Assets 2022: $1,642,608Liabilities 2022: $0Net Assets 2022: $1,642,6082022Assets 2023: $1,497,674Liabilities 2023: $0Net Assets 2023: $1,497,6742023Assets 2024: $1,400,307Liabilities 2024: $0Net Assets 2024: $1,400,3072024

Highlighted filing

2016

Assets$2,022,127
Liabilities$47,233
Net Assets$1,974,894

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2016: $7,200Expenses 2016: $13,884Net Income 2016: -$6,6842016Revenue 2017: $59,965Expenses 2017: $67,992Net Income 2017: -$8,0272017Revenue 2018: $46,490Expenses 2018: $19,870Net Income 2018: $26,6202018Revenue 2019: $99,129Expenses 2019: $190,970Net Income 2019: -$91,8412019Revenue 2020: $67,559Expenses 2020: $182,147Net Income 2020: -$114,5882020Revenue 2021: $249,010Expenses 2021: $189,739Net Income 2021: $59,2712021Revenue 2022: $8,403Expenses 2022: $211,172Net Income 2022: -$202,7692022Revenue 2023: $50,092Expenses 2023: $194,856Net Income 2023: -$144,7642023Revenue 2024: $132,913Expenses 2024: $230,423Net Income 2024: -$97,5102024

Highlighted filing

2016

Revenue$7,200
Expenses$13,884
Net Income-$6,684
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HYUNGKWON KIMTrustee-$0--
YOONSOO CHOITrustee-$0--
Filing and Contact Details

Filer

Filer Name
Samstone Foundation
EIN
47-6586278
Phone
2039873660
Address
ANDERSEN 1700 E PUTNAM AVE NO 408, OLD GREENWICH, CT 06870

Signing Officer

Name
Hyungkwon Kim
Title
Trustee
Phone
2039873660
Signed
2017-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Andersen Tax LLC
Address
1700 EAST PUTNAM AVENUE SUITE 408, OLD GREENWICH, CT 06870
Preparer
Chris Carreira
Phone
2039873660
Raw XML Appendix366 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.

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CashDistributionExplnStmt/ExplanationTxt0IN ACCORDANCE WITH THE PRIVATE FOUNDATION START-UP PERIOD MINIMUM AMOUNT RULES PROMULGATED UNDER REGULATIONS SECTION 53.4942(A)-3(B)(4)(II), THE TAXPAYER HAS SET-ASIDE 40% OF ITS 2016 DISTRIBUTABLE AMOUNT FOR THE SECOND TAX YEAR OF ITS START-UP PERIOD. THE TAXPAYER IS NOT REQUIRED TO DISTRIBUTE THE FULL DISTRIBUTABLE AMOUNT DETERMINED IN PART XI, LINE 5.THE AMOUNTS BEING SET ASIDE ARE INTENDED TO BENEFIT QUALIFYING EDUCATIONAL INSTITUTIONS OR OTHER SECTION 501(C)(3) ORGANIZATIONS AFTER CAREFUL CONSIDERATION BY THE FOUNDATION TRUSTEES.THE AMOUNTS SET-ASIDE BY THE TAXPAYER WILL BE PAID OUT AS A QUALIFYING DISTRIBUTION NO LATER THAN DECEMBER 31, 2018, WHICH REPRESENTS THE END OF THE TAXAYER'S START-UP PERIOD.THE DISTRIBUTABLE AMOUNTS CALCULATED UNDER SECTION 4942(D) FOR PAST TAXABLE YEARS IN THE TAXPAYER'S START-UP PERIOD IS:2015: $11,045THE AGGREGATE AMOUNT OF ACTUAL CASH PAYMENTS MADE IN CASH OR ITS EQUIVALENT, FOR PURPOSES DESCRIBED IN SECTION 170(C)(1) OR (2)(B), DURING EACH TAXABLE YEAR IN THE TAXPAYER'S START-UP PERIOD IS:2015 = $02016 = $3,350
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0OLD GREENWICH
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1OLD GREENWICH
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0CT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1CT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd006870
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd106870
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNetVlNoncharitableAssetsAmt09601
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNonchrtblNetInvstIncmPctAmt09833
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr1Amt010757
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr2Amt00
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AverageDistributionRt00.004845
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr1Rt00.009689
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr2Rt00.000000
IRS990PF/QlfyUndSect4940eReducedTaxGrp/LiableSection4942TaxInd00
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetInvestmentIncomePctAmt0232
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsAmt01981561
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr1Amt01110211
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr2Amt0492500
IRS990PF/QlfyUndSect4940eReducedTaxGrp/QualifyingDistributionsAmt039538
IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt00.009689
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt039306
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt03350
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt0232
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt039538
IRS990PF/QualifyingDistriPartXIIGrp/SetAsideCashDistriTestAmt036188
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0ANDERSEN 1700 E PUTNAM AVE NO 408
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0OLD GREENWICH
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CT
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd006870
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CT
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0THE FOUNDATION
IRS990PF/StatementsRegardingActyGrp/PhoneNum02039873660
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0HYUNGKWON KIM
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1YOONSOO CHOI
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt039538
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt039538
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt039538
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt036188
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0GRANTS PAYABLE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0MISCELLANEOUS EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0850
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0850
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt03041
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt12993
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0TD AMERITRADE ADVISOR FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1CHARLES SCHWAB ADVISOR FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt02740
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt12567
TaxesSchedule/TaxesDetail/Amt01000
TaxesSchedule/TaxesDetail/Amt11000
TaxesSchedule/TaxesDetail/CategoryTxt0PRIOR YEAR EXTENSION PAYMENT
TaxesSchedule/TaxesDetail/CategoryTxt1ESTIMATED TAX PAYMENT
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt10
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HYUNGKWON KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02039873660
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAMSTONE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SAMS
ReturnHeader/Filer/EIN0476586278
ReturnHeader/Filer/PhoneNum02039873660
ReturnHeader/Filer/USAddress/AddressLine1Txt0ANDERSEN 1700 E PUTNAM AVE NO 408
ReturnHeader/Filer/USAddress/CityNm0OLD GREENWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006870
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E89E6E2D8197F74679E2E0ACB43D5627CB6B2E73
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04DD3C38FDDB88091758A0AD826F838DEDF34EE64
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.251.53.210
ReturnHeader/FilingSecurityInformation/IPDt02017-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:20:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331197384
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSEN TAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 EAST PUTNAM AVENUE SUITE 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLD GREENWICH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006870
ReturnHeader/PreparerPersonGrp/PhoneNum02039873660
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS CARREIRA
ReturnHeader/ReturnTs02017-05-09T09:24:40-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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