California Exempt Organization Business Income Tax Return

Transcription

1 /07/09 :49 PM TAABLE YEAR Corporation/Organization name Additional information. See instructions. Street address (suite/room no.) California Exempt Organization Business Income Tax Return 07/0/ 06/0/08 Calendar Year or fiscal year beginning (mm/dd/yyyy), and ending (mm/dd/yyyy). City (If the corporation has a foreign address, see instructions.) State ZIP code California corporation number CAL POLY POMONA FOUNDATION INC WEST TEMPLE AVENUE BLDG # 55 Foreign country name Foreign province/state/county Foreign postal code FEIN PMB no. POMONA CA FORM 09 A First Return Filed? Yes No B Is this an education IRA within the meaning of R&TC Section 7? Yes No C Is the organization under audit by the IRS or has the IRS audited in a prior year? Yes No D Final Return? Dissolved Surrendered (Withdrawn) Merged/Reorganized. E F G Nature of trade or business Use Tax/ Tax Due/ Overpayment Taxable Corporation Taxable Trust Tax Computation Total Tax Enter date (mm/dd/yyyy) Amended Return Yes No Accounting Method Used: () Cash () Accrual () Other Payments RETAIL/DINING Unrelated business taxable income from Side, Part II, line Multiply line by the average apportionment percentage from the Schedule R, Apportionment Formula Worksheet, Part A, line or Part B, line 5. See instructions Enter the lesser amount from line or line. If the unrelated business activity is wholly in California and Schedule R was not completed, enter the amount from line H Is the organization a non-exempt charitable trust as described in IRC Section 4947(a)()? Yes No I Is this organization claiming any former; Enterprise Zone (EZ), Los Angeles Revitalization Zone (LARZ), Local Agency Military Base Recovery Area (LAMBRA), Targeted Tax Area (TTA), or Manufacturing Enhancement Area (MEA) tax benefits? Yes No J Is this organization a qualified pension, profit-sharing, or stock bonus plan as described in IRC Section 40(a)?... Yes No K Unrelated Business Activity (UBA) Code L Is this a Hospital? Yes No If "Yes," attach federal Schedule H (Form 990) 4 Unrelated business taxable income from Side, Part II, line Unrelated business taxable income from line or line EZ, LARZ, LAMBRA, or TTA NOL carryover deduction Net Operating Loss deduction. See General Information N Add line 6 and line Net unrelated business taxable income. Subtract line 8 from line Tax 8.84 x line 9. See General Information J Tax credits from Schedule B. See instructions Balance. Subtract line from line 0. If line is greater than line 0, enter Alternative minimum tax. See General Information O Total tax. Add line and line Overpayment from a prior year allowed as a credit estimated tax payments. See instructions Withholding (Form 59-B and/or 59.) See instructions Amount paid with extension (form FTB 59) Total payments and credits. Add line 5 through line Use tax. See instructions Payments balance. If line 9 is more than line 0, subtract line 0 from line Use tax balance. If line 0 is more than line 9, subtract line 9 from line Tax due. Subtract line from line 4. Pay entire amount with return. See instructions Overpayment. Subtract line 4 from line. See instructions Enter amount of line 4 to be applied to 08 estimated tax ,9,84,9,84 -,9, Form 09 Side

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3 /07/09 :49 PM Schedule A Cost of Goods Sold and/or Operations. Inventory at beginning of year Purchases Cost of labor a Additional IRC Section 6A costs. Attach schedule a b Other costs. Attach schedule b 5 Total. Add line through line 4b Inventory at end of year Cost of goods sold and/or operations. Subtract line 6 from line 5. Enter here and on Side, Part I, line Do the rules of IRC Section 6A (with respect to property produced or acquired for resale) apply to this organization?... Yes Schedule B Tax Credits. Enter credit name Enter credit name Enter credit name code code code 4 Total. Add line through line. If claiming more than credits, enter the total of all claimed credits, on line 4. Enter here and on Side, line Schedule K Add-On Taxes or Recapture of Tax. See instructions. Interest computation under the look-back method for completed long-term contracts. Attach form FTB Interest on tax attributable to installment: a Sales of certain timeshares or residential lots a b Method for non-dealer installment obligations b IRC Section 97(f)(9)(B)(ii) election to recognize gain on the disposition of intangibles Credit recapture. Credit name Total. Combine the amounts on line through line 4. See instructions Schedule R Apportionment Formula Worksheet. Use only for unrelated trade or business amounts. Part A. Standard Method Single-Sales Factor Formula. Complete this part only if the corporation uses the single-sales factor formula. 4 5 CAL POLY POMONA FOUNDATION INC Method of inventory valuation (specify) Apportionment percentage. Divide total sales column (b) by total sales column (a) and multiply the result by. Enter the result here and on Form 09, Side, line Property factor: See instructions Payroll factor: Wages and other compensation of employees... Sales factor: Gross sales and/or receipts less returns and allowances.... Total percentage: Add the percentages in column (c) Average apportionment percentage: Divide the factor on line 4 by and enter the result here and on Form 09, Side, line. See instructions for exceptions Schedule C Rental Income from Real Property and Personal Property Leased with Real Property For rental income from debt-financed property, use Schedule D, R&TC Section 70g, Section 70i, & Section 70n organizations. See instructions for exceptions. Description of property Rent received Percentage of rent or accrued attributable to personal property 4 Complete if any item in column is more than 50, or for any item 5 Complete if any item in column is more than 0, but not more than 50 if the rent is determined on the basis of profit or income (a) Total within and outside California Total Sales Part B. Three Factor Formula. Complete this part only if the corporation uses the three-factor formula. COST METHOD (a) Total within and outside California (a) Deductions directly connected (attach (b) Income includible, column less column 4(a) (a) Gross income reportable, column x column (b) Deductions directly connected with personal property (c) Net income includible, column 5(a) less column 5(b) schedule) (attach schedule) (b) Total within California No 8,89 7,64 76,55 49,5 7,64 (b) (c) Total within Percent within California California [(b) (a)] x 0 0 (c) Percent within California [(b) (a)] x Add columns 4(b) and column 5(c). Enter here and on Side, Part I, line Form 09 Side

4 /07/09 :49 PM CAL POLY POMONA FOUNDATION INC Schedule D Unrelated Debt-Financed Income Description of debt-financed property Gross income from or Deductions directly connected with or allocable to debt-financed property allocable to debt-financed (a) Straight-line depreciation (attach (b) Other deductions (attach property schedule) schedule) 4 Amount of average acquisition 5 Average adjusted basis of or 6 Debt basis indebtedness on or allocable allocable to debt-financed percentage, to debt-financed property property (attach schedule) column 4 (attach schedule) column 5 Schedule E 7 Gross income reportable, column x column 6 8 Allocable deductions, total of columns (a) and (b) x column 6 Total. Enter here and on Side, Part I, line Investment Income of an R&TC Section 70g, Section 70i, or Section 70n Organization 9 Net income (or loss) includible, column 7 less column 8 Description Amount Deductions directly connected 4 Net investment income, 5 Set-asides 6 Balance of investment income, (attach schedule) column less column (attach schedule) column 4 less column 5 Total. Enter here and on Side, Part I, line Enter gross income from members (dues, fees, charges, or similar amounts) Schedule F Interest, Annuities, Royalties and Rents from Controlled Organizations Exempt Controlled Organizations Name of controlled organizations Employer Net unrelated Identification income (loss) Number Nonexempt Controlled Organizations Description of exploited activity (attach schedule if more than one unrelated activity is exploiting the same exempt activity) Gross unrelated business income from trade or business Deductions directly connected with income in column (5) 7 Taxable Income 8 Net unrelated 9 Total of specified payments 0 Part of column (9) that is Deductions directly income (loss) made included in the controlling connected with income organization's gross income in column (0) Add columns 5 and Subtract line 5 from line 4. Enter here and on Side, Part, line Schedule G Exploited Exempt Activity Income, other than Advertising Income 4 Total of specified 5 Part of column (4) that 6 payments made is included in the controlling organization's gross income Add columns 6 and Expenses directly 4 Net income from 5 Gross income from 6 Expenses 7 Excess exempt 8 Net income connected with unrelated trade or activity that is not attributable to expense, column includible, column production business, column unrelated business column 5 6 less column 5 4 less column 7 of unrelated less column income but not more than but not less than business income column 4 zero Total. Enter here and on Side, Part I, line Side 4 Form

5 /07/09 :49 PM CAL POLY POMONA FOUNDATION INC Schedule H Part I Advertising Income and Excess Advertising Costs Income from Periodicals Reported on a Consolidated Basis Name of periodical Gross Direct 4 Advertising income 5 Circulation 6 Readership 7 If column 5 is greater than advertising advertising or excess advertising income costs column 6, enter the income costs costs. If column is income shown in column greater than column, 4, in Part III, column A(b). complete columns 5, If column 6 is greater than 6, and 7. If column column 5, subtract the is greater than sum of column 6 and column, enter the column from the sum of excess in Part III, column 5 and column. column B(b). Do not Enter amount in Part III, complete columns 5, column A(b). If the 6, and 7. amount is less than zero, enter -0-. Totals Income from Periodicals Reported on a Separate Basis Part II Part III Column A Net Advertising Income (a) Enter "consolidated periodical" and/or names of non-consolidated periodicals (b) Enter total amount from Part I, columns 4 or 7, and amount listed in Part II, columns 4 or 7 Part III (a) Column B Excess Advertising Costs Enter "consolidated periodical" and/or (b) Enter total amount from names of non-consolidated periodicals Part I, column 4, and amounts listed in Part II, column 4 Enter total here and on Side, Part I, line Schedule I Name of Officer Total. Enter here and on Side, Part II, line Depreciation (Corporations and Associations only. Trusts use form FTB 885F.) Schedule J Group and guideline class or description of property Compensation of Officers, Directors, and Trustees SSN or ITIN Date acquired (dd/mm/yyyy) Title Enter total here and on Side, Part II, line 7 Cost or other basis 4 Depreciation allowed or allowable in prior years 4 Percent of time devoted to business 5 Method of computing depreciation 5 Compensation attributable to unrelated business Total additional first-year depreciation (do not include in items below) Other depreciation: Buildings Furniture and fixtures Transportation equipment Machinery and other equipment.... Other (specify) 6 Life or rate 6 Expense account allowances 7 Depreciation for this year SEE STATEMENT 80, Other depreciation Total Amount of depreciation claimed elsewhere on return Balance. Subtract line 5 from line 4. Enter here and on Side, Part II, line a ,4 0 80, Form 09 Side 5

6 /07/09 :49 PM TAABLE YEAR For calendar year or fiscal year beginning (mm/dd/yyyy) 07/0/, and ending (mm/dd/yyyy) 06/0/08 Attach to Form 99. FTB 99N filers see instructions. Corporation/Organization name California corporation number Street address (suite, room, or PMB no.) City CALIFORNIA FORM Political or Legislative Activities by Section 70d Organizations 509. CAL POLY POMONA FOUNDATION INC 80 WEST TEMPLE AVENUE BLDG # 55 State ZIP code POMONA CA Part I Political Activities Complete if the organization supported or opposed a candidate for public office. See instructions. Has the organization participated or intervened in any political campaign on behalf of any elective public office candidate? If "Yes," describe the activities. Provide a summary of any published material relating to the activities. FEIN Yes No Has the organization contributed funds to support or oppose any individual public office candidate, or any organizations formed to support or oppose a public office candidate? If "Yes," describe the activities. Include the name of the individual or organization the organization contributed to, the amount paid, and date of contribution. Yes No Part II Legislative Activities Complete if the organization attempted to influence legislation. Has the organization attempted to influence any national, state or local legislation, or ballot measure and not filed a federal Form 5768, Election/Revocation of Election by an Eligible Section 50(c)() Organization to Make Expenditures to Influence Legislation? If "Yes," See instructions. Yes No 4a Has the organization, during the taxable year, filed a federal Form 5768? a Yes No If Yes, attach a copy of federal Form 5768 filed with the Internal Revenue Service and skip question 4b. This fulfills the organization s need to file an election for state purposes. If "No", go to question 4b and see instructions. 4b Has the organization filed a federal Form 5768 in a prior year that has not been revoked? b Yes No Note: The organization cannot make this election if it is a church, an integrated auxiliary of a church, a private foundation, or an affiliated organization. Furnish the following financial information for the taxable year: 5 Exempt Purpose Expenditures The total amount paid or incurred to accomplish the charitable, educational, religious, etc. purpose Lobbying Expenditures The total amount expended for the purpose of influencing legislation through communication with any member or employee of a legislative body or any government official or employee who may participate in the formation of legislation Grass Roots Expenditures The amount expended to influence any legislation through attempts to affect the opinions of the general public or any segment of it ,9, FTB 509 Side

7 TAABLE YEAR Net Operating Loss (NOL) Computation and NOL and Disaster Loss Limitations Corporations Attach to Form, Form W, Form S, or Form 09. Corporation name California corporation number CALIFORNIA FORM 805Q CAL POLY POMONA FOUNDATION, INC FEIN During the taxable year the corporation incurred the NOL, the corporation was a(n): C corporation S corporation Exempt organization Limited liability company (electing to be taxed as a corporation) If the corporation previously filed California tax returns under another corporate name, enter the corporation name and California corporation number: If the corporation is included in a combined report of a unitary group, see instructions, General Information C, Combined Reporting. Part I Current year NOL. If the corporation does not have a current year NOL, go to Part II. Net loss from Form, line 8; Form W, line 8; Form S, line 5; or Form 09, line. Enter as a positive number.... 8,848 disaster loss included in line. Enter as a positive number... 0 Subtract line from line. If zero or less, enter -0- and see instructions... 8,848 4 a Enter the amount of the loss incurred by a new business included in line... 4a 0 b Enter the amount of the loss incurred by an eligible small business included in line... 4b 0 c Add line 4a and line 4b...4c 0 5 General NOL. Subtract line 4c from line...5 8,848 6 Current year NOL. Add line, line 4c, and line 5. See instructions ,848 If the corporation is using the current year NOL to carryback to offset net income for taxable years 05 and/or 06, complete Part III, NOL carryback, on Side before completing Part I, lines 7-9 below. 7 NOL carryback used to offset 05 net income. Enter the amount from Part III, line, column (e) NOL carryback used to offset 06 net income. Enter the amount from Part III, line, column (g) NOL carryover to 08. Add line 7 and line 8, then subtract the result from line 6. See instructions ,848 Election to waive carryback Check the box if the corporation elects to relinquish the entire carryback period with respect to NOL under Internal Revenue Code (IRC) Section 7(b)(). By making the election, the corporation is electing to carry an NOL forward instead of carrying it back in the previous two years. Once the election is made, it s irrevocable. See instructions. Continue with Part II, NOL carryover and disaster loss carryover limitations. Do not complete Part III, NOL carryback. Part II NOL carryover and disaster loss carryover limitations. See Instructions. Net income Enter the amount from Form, line 8; Form W, line 8; Form S, line 5 less line 6; or Form 09, line ; (but not less than -0-)..... Prior Year NOLs (a) Year of loss (b) Code See instructions (c) Type of NOL See below* (d) Initial loss See instructions (e) Carryover from 06 (f) Amount used in (g) Available balance (h) Carryover to 08 col. (e) minus col. (f) VAR GEN,054,995 0,054,995 Current Year NOLs DIS 4 *Type of NOL: General (GEN), New Business (NB), Eligible Small Business (ESB), or Disaster (DIS). col. (d) minus col. (f) See instructions. GEN 8,848 8, FTB 805Q Side

8 Part III NOL carryback 05 Net income Enter the amount from 05 Form, line ; Form W, line ; Form S, line 0; or taxable income from Form 09, line 9; (but not less than -0-) Net income Enter the amount from 06 Form, line ; Form W, line ; Form S, line 0; or taxable income from Form 09, line 9; (but not less than -0-)... (a) Year of (b) Code See (c) Type of (d) Initial loss loss instructions NOL See below* See instructions (e) Carryback used See instructions (f) After carryback col. (d) minus col. (e) (g) Carryback used See instructions (h) After carryback col. (f) minus col. (g) (i) Carryover to 08 col. (d) minus [col. (e) plus col. (g)] *Type of NOL: General (GEN), New Business (NB), Eligible Small Business (ESB), or NOL attributable to a qualified disaster loss (DIS). Part IV NOL deduction Total the amounts in Part II, line, column (f).... Enter the total amount from line that represents disaster loss carryover deduction here and on Form, line ; Form W, line ; or Form S, line 9. Form 09 filers enter Subtract line from line. Enter the result here and on Form, line 9; Form W, line 9; Form S, line 7; or Form 09, line Side FTB 805Q 757

9 Cal Poly Pomona Foundation, Inc. 80 West Temple Ave. Bldg #55 Pomona, CA California Corporation Number: Federal Employer Identification Number: Form 805Q Supporting information for Part II, Line Tax Year Form Carryover Period (in years) Net income/loss NOL Carryforward 7-8,670-8, ,477-55, ,6-488, ,87-5, ,6-5, ,79-65, ,95-598, , , ,6-89, ,506 -,054, ,848 -,9, Expiration Year

10 CAL POLY POMONA FOUNDATION INC /7/09 :49 PM California Statements FYE: 6/0/08 Statement - Form 09, Part I, Line - Other Income Description Amount UBIT - KELLOGG HOUSE $ 7,069 UBIT - CONFRNC CENTR & HOTEL,40,4 UBIT - LANTERMAN 997,850 UBIT - COMMONFUND INVESTMENT UBIT - PINE TREE RANCH,4 9,44 UBIT - WESTWIND RANCH 444,595 Total $,076,47 Statement - Form 09, Part II, Line 4 - Other Deductions Description Amount ADVERTISING $ 5,78 BANK CARD FEE 50,996 GENERAL AND ADMINSTRATIVE 97,90 INSURANCE 5,59 MEALS AND REFRESHMENTS OTHERS,669,0 POSTAGE RENT,6 48,89 SERVICES SUPPLIES 65,46 04,75 TELEPHONE 7,40 TRAVEL,80 UTILITIES AGRICULTURAL 9,686 5,4 Total $,666,4 -

11 CAL POLY POMONA FOUNDATION INC /7/09 :49 PM California Statements FYE: 6/0/08 Statement - Form 09, Schedule J - Depreciation Detail Information Description Date Cost / Accum Life / Current Add'l Acquired Basis Depr Method Rate Depr st Year DEPRECIATION $ $ $ 80,4 $ Total $ 0 $ 0 $ 80,4 $ 0