Civic Intelligence

Michael and Ina Korek Foundation Trust

990T • Fiscal year 2020 • EIN 77-6140213

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

Organization Profile
Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

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.

$10M$5.0M$0Assets 2011: $1,161,242Liabilities 2011: $02011Assets 2012: $1,471,621Liabilities 2012: $0Net Assets 2012: $1,471,6212012Assets 2013: $8,872,996Liabilities 2013: $7,547Net Assets 2013: $8,865,4492013Assets 2014: $9,130,957Liabilities 2014: $8,205Net Assets 2014: $9,122,7522014Assets 2015: $8,840,854Liabilities 2015: $23,140Net Assets 2015: $8,817,7142015Assets 2016: $8,584,173Liabilities 2016: $0Net Assets 2016: $8,584,1732016Assets 2017: $8,720,509Liabilities 2017: $7,069Net Assets 2017: $8,713,4402017Assets 2018: $8,709,974Liabilities 2018: $51,663Net Assets 2018: $8,658,3112018Assets 2019: $8,569,349Liabilities 2019: $0Net Assets 2019: $8,569,3492019Assets 2020: $8,243,327Liabilities 2020: $24,057Net Assets 2020: $8,219,2702020Assets 2021: $8,833,968Liabilities 2021: $0Net Assets 2021: $8,833,9682021Assets 2022: $8,623,695Liabilities 2022: $0Net Assets 2022: $8,623,6952022Assets 2023: $8,280,482Liabilities 2023: $0Net Assets 2023: $8,280,4822023Assets 2024: $8,260,127Liabilities 2024: $0Net Assets 2024: $8,260,1272024

Latest loaded filing

2024

Assets$8,260,127
Liabilities$0
Net Assets$8,260,127
Open 2024 Filing

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $195,074Expenses 2011: $54,933Net Income 2011: $140,1412011Expenses 2012: $68,8772012Revenue 2013: $7,583,697Expenses 2013: $189,869Net Income 2013: $7,393,8282013Revenue 2014: $595,487Expenses 2014: $338,909Net Income 2014: $256,5782014Revenue 2015: $207,175Expenses 2015: $512,313Net Income 2015: -$305,1382015Revenue 2016: $261,644Expenses 2016: $495,185Net Income 2016: -$233,5412016Revenue 2017: $627,678Expenses 2017: $499,411Net Income 2017: $128,2672017Revenue 2018: $458,914Expenses 2018: $514,043Net Income 2018: -$55,1292018Revenue 2019: $425,679Expenses 2019: $514,641Net Income 2019: -$88,9622019Revenue 2020: $164,883Expenses 2020: $514,962Net Income 2020: -$350,0792020Revenue 2021: $1,125,791Expenses 2021: $511,093Net Income 2021: $614,6982021Revenue 2022: $367,362Expenses 2022: $577,635Net Income 2022: -$210,2732022Revenue 2023: $227,193Expenses 2023: $570,406Net Income 2023: -$343,2132023Revenue 2024: $531,269Expenses 2024: $551,624Net Income 2024: -$20,3552024

Latest loaded filing

2024

Revenue$531,269
Expenses$551,624
Net Income-$20,355
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v1.1
Filing and Contact Details

Filer

Filer Name
Michael and Ina Korek
EIN
77-6140213
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Brian Korek
Title
Executive Director
Phone
8008391754
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
One Hollow Ln Ste 212, Lake Success, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix82 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
IRS990T/BalanceDueAmt00
IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Foundation Source
IRS990T/BooksInCareOfDetail/PhoneNum08008391754
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0501 Silverside Road Suite 123
IRS990T/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd0198091377
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cTrustInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990TScheduleA/NetUnrelatedDebtFincdIncmAmt050
IRS990TScheduleA/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/Section263ARulesApplyInd0false
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt027
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt077
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-5065
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-5015
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-4988
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt027
IRS990TScheduleA/TradeOrBusinessDesc0investment activity
IRS990TScheduleA/UBIBeforeNOLDedAmt0-5015
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-5015
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AllocableDeductionAmt027
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionAdjBasisPct00.00084
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionDebtAmt03998
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAdjustedBasisAmt04774576
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeAmt092202
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeReportableAmt077
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/OtherDebtFinancedDeductionAmt031665
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/TotalDebtFinancedDeductionAmt031665
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/AddressLine1Txt0SECURITIES PURCHASED ON MARGIN
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/CityNm0campbell
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/StateAbbreviationCd0CA
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/ZIPCd095008
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt00
IRS990T/TaxableTrustAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TaxRateScheduleInd0X
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0-5015
IRS990T/TotalUBTIBeforeSection199AAmt0-5015
IRS990T/TotalUBTIComputedAmt0-5015
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Korek
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/DisasterReliefTxt0New York-Hurricane Ida
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Michael and Ina Korek
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0776140213
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510398347
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One Hollow Ln Ste 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lake Success
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02021-11-15T23:46:31-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brian
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Korek
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.26$0.00$8.26$0.53$0.55$0.02
2023Detailed filing. Detailed filing data is available for this year.$8.28$0.00$8.28$0.23$0.57$0.34
2022Detailed filing. Detailed filing data is available for this year.$8.62$0.00$8.62$0.37$0.58$0.21
2021Detailed filing. Detailed filing data is available for this year.$8.83$0.00$8.83$1.13$0.51$0.61
2020Detailed filing. Detailed filing data is available for this year.$8.24$0.02$8.22$0.16$0.51$0.35
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Detailed filing. Detailed filing data is available for this year.$8.57$0.00$8.57$0.43$0.51$0.09
2018Detailed filing. Detailed filing data is available for this year.$8.71$0.05$8.66$0.46$0.51$0.06
2017Detailed filing. Detailed filing data is available for this year.$8.72$0.01$8.71$0.63$0.50$0.13
2016Detailed filing. Detailed filing data is available for this year.$8.58$0.00$8.58$0.26$0.50$0.23
2015Detailed filing. Detailed filing data is available for this year.$8.84$0.02$8.82$0.21$0.51$0.31
2014Detailed filing. Detailed filing data is available for this year.$9.13$0.01$9.12$0.60$0.34$0.26
2013Detailed filing. Detailed filing data is available for this year.$8.87$0.01$8.87$7.58$0.19$7.39
2012Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.07
2011Summary only. Only limited summary data is available for this year.$1.16$0.00$0.20$0.05$0.14