Exempt Organization Business Income Tax Return

Transcription

1 Form Department of the Treasury Internal Revenue Service For calendar year 2017 or other tax year beginning, and ending. Go to for instructions and the latest information. Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c). OMB No Open to Public Inspection for 501(c) Organizations Only Employer identification number A Check box if Name of organization ( Check box if name changed and see instructions.) D (Employees trust, see address changed instructions.) B Exempt under section Print THE TRUST FOR PUBLIC LAND X 501( c )( 3 ) or E Unrelated business activity codes Number, street, and room or suite no. If a P.O. box, see instructions. (See instructions.) Type 408(e) 220(e) 101 MONTGOMERY STREET, NO A 530(a) City or town, state or province, country, and ZIP or foreign postal code 52(a) SAN FRANCISCO, CA Book value of all assets C F Group exemption number (See instructions.) 265 at end of year 287,858,8 G Check organization type X 501(c) corporation 501(c) trust 401(a) trust Other trust H Describe the organization s primary unrelated business activity. SALES OF MERCHANDISE I During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ~~~~~~ Yes X No If "Yes," enter the name and identifying number of the parent corporation. J The books are in care of MICHELLE PANDORI Telephone number Part I Unrelated Trade or Business Income (A) Income (B) Expenses (C) Net 1 a Gross receipts or sales 15. b Less returns and allowances c Balance ~~~ 1c b c 11 Advertising (Schedule J) ~~~~~~~~~~~~~~~~~~~~ Other (See instructions; attach schedule) STATEMENT ~~~~~~~~~~~~ ,6 43,6 13 Total. Combine lines 3 through , ,768. Part II Deductions Not Taken Elsewhere (See instructions for limitations on deductions.) (Except for contributions, deductions must be directly connected with the unrelated business.) T Cost of goods sold (Schedule A, line 7) ~~~~~~~~~~~~~~~~~ Gross profit. Subtract line 2 from line 1c ~~~~~~~~~~~~~~~~ 4 a Capital gain net (attach Schedule D) ~~~~~~~~~~~~~~~ Net gain (loss) (Form 477, Part II, line 17) (attach Form 477) ~~~~~~ Capital loss deduction for trusts ~~~~~~~~~~~~~~~~~~~~ Income (loss) from partnerships and S corporations (attach statement) ~~~ Rent (Schedule C) ~~~~~~~~~~~~~~~~~~~~~~ Unrelated debt-financed (Schedule E) ~~~~~~~~~~~~~~ Interest, annuities, royalties, and rents from controlled organizations (Sch. F)~ Investment of a section 501(c)(7), (), or (17) organization (Schedule G) Exploited exempt activity (Schedule I) ~~~~~~~~~~~~~~ Compensation of officers, directors, and trustees (Schedule K) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Salaries and wages ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Repairs and maintenance Bad debts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Interest ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Taxes and licenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Charitable contributions (See instructions for limitation rules) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Depreciation (attach Form 4562) Less depreciation claimed on Schedule A and elsewhere on return Depletion Contributions to deferred compensation plans ** PUBLIC DISCLOSURE COPY ** Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e)) APR 1, 2017 MAR 31, 2018 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Total deductions. Add lines 14 through 28 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 3 4a 4b 4c ~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Employee benefit programs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Excess exempt expenses (Schedule I) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Excess readership costs (Schedule J) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Other deductions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SEE STATEMENT 2 Unrelated business taxable before net operating loss deduction. Subtract line 2 from line 13 ~~~~~~~~~~~~ Net operating loss deduction (limited to the amount on line 30) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SEE STATEMENT 3 Unrelated business taxable before specific deduction. Subtract line 31 from line 30 ~~~~~~~~~~~~~~~~~ Specific deduction (Generally $1,000, but see line 33 instructions for exceptions) ~~~~~~~~~~~~~~~~~~~~~ 21 22a b , ,61. 20, ,55. 22,55. 1,00 34 Unrelated business taxable. Subtract line 33 from line 32. If line 33 is greater than line 32, enter the smaller of zero or line LHA For Paperwork Reduction Act Notice, see instructions. Form 0-T (2017) THE TRUST FOR PUBLIC LAND 83001

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3 Form (Rev. January 2017) Department of the Treasury Internal Revenue Service Type or print File by the due date for filing your return. See instructions. Application Is For File a separate application for each return. Information about Form 8868 and its instructions is at Electronic filing (e-file). You can electronically file Form 8868 to request a 6-month automatic extension of time to file any of the forms listed below with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, for which an extension request must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit click on Charities & Non-Profits, and click on e-file for Charities and Non-Profits. All corporations required to file an tax return other than Form 0-T (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file tax returns. Name of exempt organization or other filer, see instructions. Number, street, and room or suite no. If a P.O. box, see instructions. 101 MONTGOMERY STREET, NO. 00 City, town or post office, state, and ZIP code. For a foreign address, see instructions. SAN FRANCISCO, CA 4104 Return Code Application Is For OMB No Enter filer s identifying number Employer identification number (EIN) or Social security number (SSN) Enter the Return Code for the return that this application is for (file a separate application for each return) Form 0 or Form 0-EZ Form 0-BL Form 4720 (individual) Form 0-PF 8868 Application for Automatic Extension of Time To File an Exempt Organization Return Automatic 6-Month Extension of Time. Only submit original (no copies needed). THE TRUST FOR PUBLIC LAND Form 0-T (sec. 401(a) or 408(a) trust) Form 0-T (trust other than above) 06 Form MICHELLE PANDORI The books are in the care of 101 MONTGOMERY STREET, STE 00 - SAN FRANCISCO, CA 4104 Telephone No Fax No Return Code Form 0-T (corporation) 07 Form 1041-A Form 4720 (other than individual) Form 5227 Form 606 If the organization does not have an office or place of business in the United States, check this box~~~~~~~~~~~~~~~~~ If this is for a Group Return, enter the organization s four digit Group Exemption Number (GEN). If this is for the whole group, check this box. If it is for part of the group, check this box and attach a list with the names and EINs of all members the extension is for. 1 I request an automatic 6-month extension of time until FEBRUARY 15, 201, to file the exempt organization return for the organization named above. The extension is for the organization s return for: calendar year or X tax year beginning APR 1, 2017, and ending MAR 31, If the tax year entered in line 1 is for less than 12 months, check reason: Initial return Final return Change in accounting period 3a If this application is for Forms 0-BL, 0-PF, 0-T, 4720, or 606, enter the tentative tax, less any nonrefundable credits. See instructions. 3a $ b If this application is for Forms 0-PF, 0-T, 4720, or 606, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. 3b $ c Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions. 3c $ Caution: If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 887-EO for payment instructions. LHA For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8868 (Rev ) THE TRUST FOR PUBLIC LAND 83001

4 Form 0-T (2017) THE TRUST FOR PUBLIC LAND Page 3 Schedule A - Cost of Goods Sold. Enter method of inventory valuation N/A 1 Inventory at beginning of year ~~~ 1 6 Inventory at end of year ~~~~~~~~~~~~ 6 2 Purchases ~~~~~~~~~~~ 2 7 Cost of goods sold. Subtract line 6 3 Cost of labor~~~~~~~~~~~ 3 from line 5. Enter here and in Part I, 4 a Additional section 263A costs line 2 ~~~~~~~~~~~~~~~~~~~~ 7 ~~~~~~~~ 4a 8 Do the rules of section 263A (with respect to b Other costs ~~~ 4b property produced or acquired for resale) apply to 5 Total. Add lines 1 through 4b 5 the organization? Schedule C - Rent Income (From Real Property and Personal Property Leased With Real Property) (see instructions) 1. Description of property Yes No (a) 2. From personal property (if the percentage of rent for personal property is more than 10 but not more than 50) Rent received or accrued (b) From real and personal property (if the percentage of rent for personal property exceeds 50 or if the rent is based on profit or ) 3(a) Deductions directly connected with the in columns 2(a) and 2(b) Total Total (c) Total. Add totals of columns 2(a) and 2(b). Enter (b) Total deductions. here and on line 6, column (A) Part I, line 6, column (B) Schedule E - Unrelated Debt-Financed Income (see instructions) 3. Deductions directly connected with or allocable 2. Gross from to debt-financed property 1. Description of debt-financed property or allocable to debtfinanced property (a) Straight line depreciation (b) Other deductions 4. Amount of average acquisition 5. Average adjusted basis 6. Column 4 divided 7. Gross 8. Allocable deductions debt on or allocable to debt-financed of or allocable to by column 5 reportable (column (column 6 x total of columns property debt-financed property 2 x column 6) 3(a) and 3(b)) Part I, line 7, column (A). Part I, line 7, column (B). Totals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Total dividends-received deductions included in column 8 Form 0-T (2017) THE TRUST FOR PUBLIC LAND 83001

5 Form 0-T (2017) THE TRUST FOR PUBLIC LAND Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions) Exempt Controlled Organizations 1. Name of controlled organization 2. Employer 3. Net unrelated 4. Total of specified 5. Part of column 4 that is 6. Deductions directly identification (loss) (see instructions) payments made included in the controlling connected with number organization s gross in column 5 Page 4 Nonexempt Controlled Organizations 7. Taxable Income 8. Net unrelated (loss). Total of specified payments 1 Part of column that is included 11. Deductions directly connected (see instructions) made in the controlling organization s with in column 10 gross Totals J Schedule G - Investment Income of a Section 501(c)(7), (), or (17) Organization (see instructions) 1. Description of exploited activity 1. Description of 2. Amount of 2. Gross unrelated business from trade or business line 10, col. (A). 3. Expenses directly connected with production of unrelated business line 10, col. (B). Part I, line, column (A). 4. Net (loss) from unrelated trade or business (column 2 minus column 3). If a gain, compute cols. 5 through 7. Add columns 5 and 1 Part I, line 8, column (A). Add columns 6 and 11. Part I, line 8, column (B). 3. Deductions Total deductions directly connected 4. Set-asides 5. and set-asides (col. 3 plus col. 4) 5. Gross 6. Expenses from activity that attributable to is not unrelated column 5 business Part I, line, column (B). Totals Schedule I - Exploited Exempt Activity Income, Other Than Advertising Income (see instructions) 7. Excess exempt expenses (column 6 minus column 5, but not more than column 4). Enter here and on page 1, Part II, line 26. Totals Schedule J - Advertising Income (see instructions) Part I Income From Periodicals Reported on a Consolidated Basis 1. Name of periodical 2. Gross 3. Direct advertising advertising costs 4. Advertising gain or (loss) (col. 2 minus col. 3). If a gain, compute cols. 5 through Circulation 6. Readership costs 7. Excess readership costs (column 6 minus column 5, but not more than column 4). Totals (carry to Part II, line (5)) Form 0-T (2017) THE TRUST FOR PUBLIC LAND 83001

6 Form 0-T (2017) THE TRUST FOR PUBLIC LAND Part II Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in columns 2 through 7 on a line-by-line basis.) Totals from Part I 1. Name of periodical 2. Gross 3. Direct advertising advertising costs line 11, col. (A). line 11, col. (B). 4. Advertising gain or (loss) (col. 2 minus col. 3). If a gain, compute cols. 5 through Circulation 6. Readership costs 7. Excess readership costs (column 6 minus column 5, but not more than column 4). Enter here and on page 1, Part II, line 27. Totals, Part II (lines 1-5) Schedule K - Compensation of Officers, Directors, and Trustees (see instructions) 3. Percent of 4. Compensation attributable Title time devoted to 1. Name 2. to unrelated business business Total. Part II, line 14 Page 5 Form 0-T (2017) THE TRUST FOR PUBLIC LAND 83001

7 THE TRUST FOR PUBLIC LAND }}}}}}}}}}} }}}}}}}}}} ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FORM 0-T OTHER INCOME STATEMENT 1 }}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} AMOUNT PAID FOR DISALLOWED FRINGES 43,6 TOTAL TO FORM 0-T, PAGE 1, LINE 12 43,6 ~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FORM 0-T OTHER DEDUCTIONS STATEMENT 2 }}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} WEB SITE DESIGN & MAINTENANCE 5,76. OTHER PROFESSIONAL SERVICES 10,656. PRINTING & REPRODUCTION 1,041. OTHER OPERATING EXPENSES 2,18. TOTAL TO FORM 0-T, PAGE 1, LINE 28 1,61. ~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FORM 0-T NET OPERATING LOSS DEDUCTION STATEMENT 3 }}}}}}}} LOSS PREVIOUSLY LOSS AVAILABLE TAX YEAR LOSS SUSTAINED APPLIED REMAINING THIS YEAR }}}}}}}} 03/31/17 58, , ,522. NOL CARRYOVER AVAILABLE THIS YEAR 58, ,522. ~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~ 6 STATEMENT(S) 1, 2, THE TRUST FOR PUBLIC LAND 83001