2024-11-15T15:55:42+00:00 2023-12-31 440160260 Forvis Mazars LLP 250 E 200 S Suite 1200 Salt Lake City UT 84111 990PF 2023-01-01 870514460 Youth Enrichment Foundation YOUT 8019788000 5396 W 2400 South West Valley City UT 84120 BART WARNER CHAIRMAN 8019788000 2024-11-15 true Dave DeMille P00734887 8015319100 2024-11-15 2023 2024-10-15 13:58:12Z X 603147 X 20492 20492 20492 701 701 701 0 0 0 0 0 88375 3983 84392 109568 25176 105585 0 131419 73103 58316 15488 6574 8914 0 0 0 0 7000 3500 0 3500 1439 720 307 720 4914 0 0 0 416 0 0 10214 0 0 0 170890 4220 79984 71450 0 0 170890 4220 79984 71450 -61322 20956 25601 65142 201212 201212 8868 0 0 0 0 0 0 0 0 0 0 0 0 320 1328 1328 0 0 0 0 0 0 0 0 0 0 0 0 493673 495504 400607 39072 39072 417 0 0 0 0 0 568420 698044 603147 294 580 0 0 0 200000 294 200580 X 568126 497464 568126 497464 568420 698044 568126 -61322 0 506804 9340 497464 0 0 291 291 291 1328 1328 1037 1037 0 false false false 0 0 0 false false true true false true true UT false true false false false true N/A JAMES WARNER 8019788000 2255 SOUTH 5370 WEST WEST VALLEY CITY UT 84120 false false false false false false false false false false false false false false false false false false false false false Elizabeth Warner 5396 W 2400 South West Valley City UT 84120 President 1.000 0 0 0 Bart Warner 5396 W 2400 South West Valley City UT 84120 Chairman 1.000 0 0 0 James Warner 5396 W 2400 South West Valley City UT 84120 Treasurer 1.000 0 0 0 0 0 YOUTH ENRICHMENT FOUNDATION PROVIDES 460+ ELEMENTARY SCHOOL CHILDREN WITH PIANO AND MUSIC INSTRUCTIONS 2-3 TIMES WEEKLY. ART INSTRUCTIONS IS PROVIDED FOR 500+ ELEMENTARY SCHOOL STUDENTS PER WEEK AT WHITTIER ELEMENTARY SCHOOL (AN "AT RISK" SCHOOL). 158200 0 0 197946 109340 307286 300455 307286 4609 302677 15134 X 71450 0 0 71450 X 15134 0 1 20034 35169 12864 0 1 17029 29894 71450 104241 123758 158598 458047 0 1000 0 1000 71450 104241 122758 158598 457047 10089 9085 13229 13356 45759 Bart Warner Chairman Elizabeth Warner President Not Applicable X 0 0 MUSIC AND ART PROGRAMS 84392 14 20492 14 701 INCOME FROM PASSTHROUGH ACTIVITY 901101 2176 1 1807 2176 23000 84392 109568 1a MUSIC AND ART PROGRAMS IN LOCAL SCHOOLS false false false false false false false false false false FORVIS, LLP 7000 3500 0 3500 EQUIPMENT 39072 38656 416 0 0 THE ATTORNEY GENERAL FOR THE STATE OF UTAH PREFERS THAT WE DO NOT SEND A COPY OF FORM 990-PF TO THEIR OFFICE UNLESS SPECIFICALLY REQUESTED. B.C. WARNER INVESTMENT COMPANY FMV 495504 400607 EQUIPMMENT 39072 39072 0 0 0 The Self-Reliance Charity NONE 200000 200000 2023-03 2024-12 NONE 0.0 NONE Charitable Purposes Book/Tax Difference K-1 1480 Prior Period Adjustment 7860 Bank Charges 50 D&O Insurance 3716 Licenses and Permits 10 Admin Fees 2628 Supplies 1889 Drug Testing 87 Non Deductible from K-1 27 Other Expenses from K-1 1807 BC Warner - Rental 4695 4695 BC Warner - Ordinary -712 -712 Wage Reimbursements 67869 67869 Program Reimbursements 16500 16500 Other Income 23 23 Other Professional Fees 1439 720 307 720 Description : REDUCTION CLAIMED FOR BLOCKAGE, Percent : 2, FMV : 400607, Amount Disclaimed : 300455, Explanation : PARTNERSHIP INTEREST VALUATION DISCOUNT A VALUATION DISCOUNT HAS BEEN TAKEN WITH RESPECT TO THE 2% LIMITED PARTNERSHIP INTEREST IN B.C WARNER INVESTMENT COMPANY (EIN 87-0466707) HELD BY THE FOUNDATION. THE FAIR MARKET VALUE OF THE PARTNERSHIP INTEREST BEFORE ANY DISCOUNTS ARE CONSIDERED IS $400,607. A DISCOUNT IN THE AMOUNT OF $300,455 HAS BEEN CLAIMED, DUE TO THE FACT THAT THERE IS NO MARKET FOR THE PARTNERSHIP INTEREST, AND THE FOUNDATION HAS NO CONTROL OVER THE ACTIVITIES OF THE PARTNERSHIP.; Federal Tax 4653 State Tax 261