Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Newtown Youth Academy Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)4 Primrose Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Newtown, CT06470
A Employer identification number

45-0547484
B Telephone number (see instructions)

(203) 426-0088
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,027,259J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,231,145
2 Check bullet.............
3 Interest on savings and temporary cash investments 45 45 45
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,584,730 0 1,584,730
12 Total. Add lines 1 through 11........ 2,815,920 45 1,584,775
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 587,651 0 414,314 173,337
15 Pension plans, employee benefits....... 62,917 0 40,210 22,707
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 53,124 0 53,124 0
17 Interest............... 176,619 0 132,464 44,155
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 220,961 0 220,961
20 Occupancy.............. 305,238 0 30,359 274,879
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 394,494 0 156,724 237,770
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,801,004 0 1,048,156 752,848
25 Contributions, gifts, grants paid....... 2,500 2,500
26 Total expenses and disbursements. Add lines 24 and 25 1,803,504 0 1,048,156 755,348
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,012,416
b Net investment income (if negative, enter -0-) 45
c Adjusted net income (if negative, enter -0-)... 536,619
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 115,218 45,338 45,338
2 Savings and temporary cash investments.........   126,709 126,709
3 Accounts receivable bullet47,653
Less: allowance for doubtful accounts bullet   89,763 47,653 47,653
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet8,793,066
Less: accumulated depreciation (attach schedule) bullet2,599,846 6,411,561 Click to see attachment6,193,220 6,193,220
15 Other assets (describe bullet) Click to see attachment629,339 Click to see attachment614,339 Click to see attachment614,339
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,245,881 7,027,259 7,027,259
Liabilities 17 Accounts payable and accrued expenses.......... 199,202 129,878
18 Grants payable.................    
19 Deferred revenue................. 109,122 61,792
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 6,285,267 Click to see attachment5,170,883
22 Other liabilities (describe bullet) Click to see attachment248,609 Click to see attachment248,609
23 Total liabilities (add lines 17 through 22)......... 6,842,200 5,611,162
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 403,681 1,416,097
30 Total net assets or fund balances (see instructions)..... 403,681 1,416,097
31 Total liabilities and net assets/fund balances (see instructions). 7,245,881 7,027,259
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
403,681
2
Enter amount from Part I, line 27a .....................
2
1,012,416
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,416,097
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,416,097
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 937,201 80,736 11.608217
2016 421,650 23,782 17.729796
2015 423,627 37,484 11.301542
2014 562,428 29,220 19.248049
2013 856,947 35,910 23.863743
2
Total of line 1, column (d) .....................
2
83.751347
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
16.750269
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,451
5
Multiply line 4 by line 3......................
5
409,561
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
409,561
8
Enter qualifying distributions from Part XII, line 4,.............
8
755,348
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletnyasportsfitness.com
    14
    The books are in care ofbulletThe Foundation Telephone no.bullet (203) 426-0088

    Located atbullet4 Primrose StreetNewtownCT ZIP+4bullet06470
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Mary Conway Director
    5.00     		0 0 0
    10 Stone Gate Rd
    Sandy Hook,CT06482
    William Manfredonia Director
    1.00     		0 0 0
    18 Rd Monitor Hill
    Newtown,CT06470
    Francis Pennarola Director, Secretary
    1.00     		0 0 0
    17 Webster Avenue
    Newtown,CT06470
    Carolyn Schreiber Director
    1.00     		0 0 0
    153 Main St
    Newtown,CT06470
    Joseph Sullivan Director
    1.00     		0 0 0
    13 Lincoln Road
    Newtown,CT06470
    Jenifer Vaughn Director
    1.00     		0 0 0
    61 Hatter Town Road
    Newtown,CT06470
    Stephen Conte Director
    1.00     		0 0 0
    c/o Mercutek LLC 153 S Main Street
    Newtown,CT06470
    Salvatore D'Amico Director, President
    1.00     		0 0 0
    c/o NYA 4 Primrose St
    Newtown,CT06470
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Ian T Yorty Executive Director
    45.00     		101,070 0 0
    17 Greenfield Ave
    Ridgefield,CT06877
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Providing indoor sports facility and programs to Newtown area youth and amateur sports teams and leagues. 755,348
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    153,451
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    153,451
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    153,451
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    129,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,451
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,223
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    755,348
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    755,348
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    755,348
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
    2007-08-21
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
    1,223 4,037 1,189 0 6,449
    b 85% of line 2a ......... 1,040 3,431 1,011 0 5,482
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		755,348 937,201 421,650 423,627 2,537,826
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		755,348 937,201 421,650 423,627 2,537,826
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 7,027,259 7,177,028 7,323,043 7,258,685 28,786,015
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 7,027,259 7,177,028 7,323,043 7,258,685 28,786,015
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MELISSA NOWAK
    28 MILE HILL RD
    NEWTOWN,CT06470     		NONE   SCHOLARSHIP 500
    HARRISON EPPERS
    31 RUSSET ROAD
    SANDY HOOK,CT06482     		NONE   SCHOLARSHIP 500
    SILAS DECKER
    43 SWAMP ROAD
    NEWTOWN,CT06470     		NONE   SCHOLARSHIP 500
    JAMES BARDEN
    35 PAUGUSSETT ROAD
    NEWTOWN,CT06470     		NONE   SCHOLARSHIP 500
    IZZY KAISER
    25 GLEN ROAD
    SANDY HOOK,CT06482     		NONE   SCHOLARSHIP 500
    Total .................................bullet 3a 2,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aAthletics programs fees 713940       1,584,730
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 45  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 45 1,584,730
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,584,775
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1a The Organization provides low cost indoor playing space to individual and athletic teams in the community in order to teach athletics and provide community activities for youth and young adults
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    Newtown Youth Academy Inc
     
    Employer identification number

    45-0547484
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    Newtown Youth Academy Inc
          		Employer identification number
    45-0547484
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Peter E D'Amico
     
    PO Box 335
     
    Newtown, CT06470

    		$ 1,202,661


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    Newtown Youth Academy Inc
          		Employer identification number

    45-0547484
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    Newtown Youth Academy Inc
          		Employer identification number

    45-0547484
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 CashDeemedCharitableExplnStmt
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Explanation:
    The foundation operates a sports facility that had over $1,550,000 in cash expenses for the calendar year 2018. One-twelfth of that amount is $129,167, which the foundation keeps on hand to pay operating expenses.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Desks, tables, chairs, sofa, furniture 2008-11-01 19,725 19,725 SL 7.000000000000 0 0 0  
    Defibrilator 2008-11-01 1,545 1,545 SL 7.000000000000 0 0 0  
    signs 2008-11-01 1,192 1,192 SL 7.000000000000 0 0 0  
    building - Demolition & construction 2008-11-01 6,460,974 1,473,907 SL 40.000000000000 161,524 0 161,524  
    fountain 2008-12-31 25,000 5,625 SL 40.000000000000 625 0 625  
    Software 2008-11-26 392 392 SL 3.000000000000 0 0 0  
    (5) Lenovo Thinkcenter A57 desktops 2008-11-26 3,275 3,275 SL 7.000000000000 0 0 0  
    (4) 22"" Planars monitors 2008-11-26 1,180 1,180 SL 7.000000000000 0 0 0  
    HP7780 All in One Office Jet Printer 2008-11-12 550 550 SL 7.000000000000 0 0 0  
    3000 Series 1729 17"" Touch screen monitor 2008-11-26 723 723 SL 7.000000000000 0 0 0  
    Computer 2008-12-19 1,998 1,998 SL 7.000000000000 0 0 0  
    EZ Facility software 2008-11-06 900 900 SL 3.000000000000 0 0 0  
    Computer accessories & bundled software 2008-11-26 1,852 1,852 SL 7.000000000000 0 0 0  
    Prefered Computer software 2008-12-19 2,006 2,006 SL 3.000000000000 0 0 0  
    KSA Exercise equipment 2008-11-01 22,688 22,687 SL 7.000000000000 0 0 0  
    Fitness & gym room equipment 2008-11-01 194,631 194,599 SL 7.000000000000 0 0 0  
    Telephone/computer network system 2008-11-26 27,481 27,481 SL 7.000000000000 0 0 0  
    Audio/visual system 2008-11-01 15,380 15,380 SL 7.000000000000 0 0 0  
    Turf & field equipment 2008-11-21 156,340 156,340 SL 7.000000000000 0 0 0  
    Vacuum 2009-03-08 500 477 SL 7.000000000000 0 0 0  
    Window blinds 2009-09-11 920 920 SL 7.000000000000 0 0 0  
    Fireroad 2009-05-14 138,412 59,981 SL 20.000000000000 6,921 0 6,921  
    Overhead Doors - Cable seup for turf area 2009-07-27 2,909 617 SL 40.000000000000 73 0 73  
    J&J Poos - Granite mountings fountain area 2009-09-19 620 133 SL 40.000000000000 16 0 16  
    Claris : $62,930 less $62,679 from Newtown 2009-07-18 251 51 SL 40.000000000000 6 0 6  
    Claris - toilet partitions partial payment 2009-05-14 5,640 1,216 SL 40.000000000000 141 0 141  
    claris- as-built drawings 2009-07-01 1,310 279 SL 40.000000000000 33 0 33  
    Miscellaneous equipment for fitness center 2009-01-01 7,110 6,089 SL 7.000000000000 0 0 0  
    apex Glass - Mirrors & installation 2009-01-20 2,640 2,482 SL 7.000000000000 0 0 0  
    Custome Fouuntains - fountain work 2009-04-02 13,707 2,987 SL 40.000000000000 343 0 343  
    Elm Glade - back courtyard 2009-07-14 11,398 4,999 SL 20.000000000000 570 0 570  
    Elm Glade - plants, gravel, pavers 2009-07-14 7,086 3,009 SL 20.000000000000 354 0 354  
    Pond & Lake - stainless brass pumb 2009-05-07 5,786 1,250 SL 40.000000000000 145 0 145  
    Roger Electric- Fountain fixtures/materials 2009-06-30 9,716 2,076 SL 40.000000000000 243 0 243  
    addessi Fencing 2009-05-14 4,500 4,393 SL 7.000000000000 0 0 0  
    addessi Fencing 2009-05-22 4,369 4,316 SL 7.000000000000 0 0 0  
    Twin Oaks- Data Conversion software 2009-04-09 600 600 SL 3.000000000000 0 0 0  
    American Express - software 2009-01-06 300 300 SL 3.000000000000 0 0 0  
    Twin Oaks - barcode reader 2009-08-05 307 307 SL 3.000000000000 0 0 0  
    Twin Oaks - software 2009-09-16 795 795 SL 3.000000000000 0 0 0  
    Prefered Computer - Microsoft Business software 2009-10-20 872 872 SL 3.000000000000 0 0 0  
    Prefered Computer - Norton Anti Virus software 2009-11-17 325 325 SL 3.000000000000 0 0 0  
    KSA Exercise equipment 2009-03-08 1,102 1,047 SL 7.000000000000 0 0 0  
    Gym source - Yoga mats, d-bells, bars, etc 2009-02-11 1,395 1,311 SL 7.000000000000 0 0 0  
    Rehab Dimentions equipment 2009-01-06 590 546 SL 7.000000000000 0 0 0  
    Gym source - spin bikes 2009-02-11 10,500 10,500 SL 7.000000000000 0 0 0  
    Total Communications - balance due on system 2009-01-27 7,915 7,445 SL 7.000000000000 0 0 0  
    American Express - Nets 2009-04-21 6,946 6,778 SL 7.000000000000 0 0 0  
    Scoreboard enterprises - Protective screens 2009-01-15 2,020 1,878 SL 7.000000000000 0 0 0  
    Lindade Construction- Net & rope hanging design 2009-04-13 18,209 17,556 SL 7.000000000000 0 0 0  
    Winnick Steel - Custom hinges & goal supports 2009-03-19 2,600 2,505 SL 7.000000000000 0 0 0  
    Jaypro sports - Manual backstop winch 2009-02-13 1,326 1,245 SL 7.000000000000 0 0 0  
    J&J Pool & Concrete 2009-06-10 15,000 3,203 SL 40.000000000000 375 0 375  
    Rober Jacabacci - engraving of pavers 2009-10-17 1,105 452 SL 20.000000000000 55 0 55  
    Concrete patio fixtures 2009-05-26 8,259 8,162 SL 7.000000000000 0 0 0  
    Fitness center constructions 2010-07-19 196,579 37,046 SL 40.000000000000 4,914 0 4,914  
    TELEVISION 2010-07-07 795 795 SL 7.000000000000 0 0 0  
    FOUNTAIN 2010-05-03 618 115 SL 40.000000000000 15 0 15  
    FIELDHOUSE EQUIPMENT - SCOREBOARD ACCESSORY 2010-08-27 88 88 SL 7.000000000000 0 0 0  
    FITNESS CENTER EQUIPMENT 2010-07-19 11,689 11,689 SL 7.000000000000 0 0 0  
    Fitness equipment acquisition 2011-02-23 25,661 23,829 SL 7.000000000000 611 0 611  
    Twin Oaks Software 2011-02-12 525 525 SL 3.000000000000 0 0 0  
    Portable backboards 2011-11-11 10,005 9,289 SL 7.000000000000 716 0 716  
    Temporary Turf 2011-08-14 13,892 13,137 SL 7.000000000000 755 0 755  
    Building Renovations 2012-11-01 1,066,596 137,273 SL 40.000000000000 26,665 0 26,665  
    Golf simulator 2012-12-31 18,942 12,184 SL 7.000000000000 2,706 0 2,706  
    Shower Doors 2013-03-01 5,105 1,629 SL 15.000000000000 340 0 340  
    Television 2013-09-20 400 257 SL 7.000000000000 57 0 57  
    Netting 2013-04-01 4,615 2,971 SL 7.000000000000 659 0 659  
    Scrubber 70 2013-02-22 17,066 8,392 SL 10.000000000000 1,707 0 1,707  
    S20 Sweeper 2013-02-22 34,283 16,855 SL 10.000000000000 3,428 0 3,428  
    Computer Hardware 2014-01-01 457 423 SL 5.000000000000 34 0 34  
    TELEVISION 2015-10-31 702 152 SL 10.000000000000 70 0 70  
    TELEVISION 2015-01-25 425 125 SL 10.000000000000 43 0 43  
    2 ROWERS 2015-07-23 1,880 470 SL 10.000000000000 188 0 188  
    POWER SYSTEM/CROWN PRINTS 2015-11-01 3,968 860 SL 10.000000000000 397 0 397  
    FRONT DESKS FURNITURE 2016-02-01 1,500 410 SL 7.000000000000 214 0 214  
    BUILDING & BUILDING IMPROVEMENTS 2016-01-01 77,025 3,852 SL 40.000000000000 1,926 0 1,926  
    COMPUTER HARDWARE 2016-02-05 1,535 588 SL 5.000000000000 307 0 307  
    Building - ADJ Entry 2016-01-01 42,100 2,106 SL 40.000000000000 1,053 0 1,053  
    Fitness equipment 2017-07-01 19,123 1,366 SL 7.000000000000 2,732 0 2,732  
    Computer equipment 2018-12-31 1,552   SL 5.000000000000 0 0 0  
    Water fountain 2018-12-31 1,068   SL 40.000000000000 0 0 0  

    TY 2018 GeneralExplanationAttachment
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Identifier Return Reference Explanation
    Loans from founder Form 990-PF, page 5, Part VII-B, line 1a, question 2 The founder of the foundation has loaned funds to the organization to fund its operations. However the loans bear no interest and the organization has not paid, nor will it pay, its founder any interst on the loans. Since no interst was paid or will due to its founder, the transaction is not considering self-dealing under Treasury Regulation 53.4941(d)-3. There is no obligation to file a Form 4720.

    TY 2018 LandEtcSchedule2
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Desks, tables, chairs, sofa, furniture 19,725 19,725 0  
    Defibrilator 1,545 1,545 0  
    signs 1,192 1,192 0  
    building - Demolition & construction 6,460,974 1,635,431 4,825,543  
    fountain 25,000 6,250 18,750  
    Software 392 392 0  
    (5) Lenovo Thinkcenter A57 desktops 3,275 3,275 0  
    (4) 22"" Planars monitors 1,180 1,180 0  
    HP7780 All in One Office Jet Printer 550 550 0  
    3000 Series 1729 17"" Touch screen monitor 723 723 0  
    Computer 1,998 1,998 0  
    EZ Facility software 900 900 0  
    Computer accessories & bundled software 1,852 1,852 0  
    Prefered Computer software 2,006 2,006 0  
    KSA Exercise equipment 22,688 22,687 1  
    Fitness & gym room equipment 194,631 194,599 32  
    Telephone/computer network system 27,481 27,481 0  
    Audio/visual system 15,380 15,380 0  
    Turf & field equipment 156,340 156,340 0  
    Vacuum 500 477 23  
    Window blinds 920 920 0  
    Fireroad 138,412 66,902 71,510  
    Overhead Doors - Cable seup for turf area 2,909 690 2,219  
    J&J Poos - Granite mountings fountain area 620 149 471  
    Claris : $62,930 less $62,679 from Newtown 251 57 194  
    Claris - toilet partitions partial payment 5,640 1,357 4,283  
    claris- as-built drawings 1,310 312 998  
    Miscellaneous equipment for fitness center 7,110 6,089 1,021  
    apex Glass - Mirrors & installation 2,640 2,482 158  
    Custome Fouuntains - fountain work 13,707 3,330 10,377  
    Elm Glade - back courtyard 11,398 5,569 5,829  
    Elm Glade - plants, gravel, pavers 7,086 3,363 3,723  
    Pond & Lake - stainless brass pumb 5,786 1,395 4,391  
    Roger Electric- Fountain fixtures/materials 9,716 2,319 7,397  
    addessi Fencing 4,500 4,393 107  
    addessi Fencing 4,369 4,316 53  
    Twin Oaks- Data Conversion software 600 600 0  
    American Express - software 300 300 0  
    Twin Oaks - barcode reader 307 307 0  
    Twin Oaks - software 795 795 0  
    Prefered Computer - Microsoft Business software 872 872 0  
    Prefered Computer - Norton Anti Virus software 325 325 0  
    KSA Exercise equipment 1,102 1,047 55  
    Gym source - Yoga mats, d-bells, bars, etc 1,395 1,311 84  
    Rehab Dimentions equipment 590 546 44  
    Gym source - spin bikes 10,500 10,500 0  
    Total Communications - balance due on system 7,915 7,445 470  
    American Express - Nets 6,946 6,778 168  
    Scoreboard enterprises - Protective screens 2,020 1,878 142  
    Lindade Construction- Net & rope hanging design 18,209 17,556 653  
    Winnick Steel - Custom hinges & goal supports 2,600 2,505 95  
    Jaypro sports - Manual backstop winch 1,326 1,245 81  
    J&J Pool & Concrete 15,000 3,578 11,422  
    Rober Jacabacci - engraving of pavers 1,105 507 598  
    Concrete patio fixtures 8,259 8,162 97  
    Fitness center constructions 196,579 41,960 154,619  
    TELEVISION 795 795 0  
    FOUNTAIN 618 130 488  
    FIELDHOUSE EQUIPMENT - SCOREBOARD ACCESSORY 88 88 0  
    FITNESS CENTER EQUIPMENT 11,689 11,689 0  
    Fitness equipment acquisition 25,661 24,440 1,221  
    Twin Oaks Software 525 525 0  
    Portable backboards 10,005 10,005 0  
    Temporary Turf 13,892 13,892 0  
    Building Renovations 1,066,596 163,938 902,658  
    Golf simulator 18,942 14,890 4,052  
    Shower Doors 5,105 1,969 3,136  
    Television 400 314 86  
    Netting 4,615 3,630 985  
    Scrubber 70 17,066 10,099 6,967  
    S20 Sweeper 34,283 20,283 14,000  
    Computer Hardware 457 457 0  
    TELEVISION 702 222 480  
    TELEVISION 425 168 257  
    2 ROWERS 1,880 658 1,222  
    POWER SYSTEM/CROWN PRINTS 3,968 1,257 2,711  
    FRONT DESKS FURNITURE 1,500 624 876  
    BUILDING & BUILDING IMPROVEMENTS 77,025 5,778 71,247  
    COMPUTER HARDWARE 1,535 895 640  
    Building - ADJ Entry 42,100 3,159 38,941  
    Fitness equipment 19,123 4,098 15,025  
    Computer equipment 1,552 0 1,552  
    Water fountain 1,068 0 1,068  


    TY 2018 MortgagesAndNotesPayableSch
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name Peter D'Amico
    Lender's Title  
    Relationship to Insider Founder
    Original Amount of Loan 100,000
    Balance Due 0
    Date of Note 2007-06
    Maturity Date  
    Repayment Terms Demand note
    Interest Rate 0.000000000000
    Security Provided by Borrower None
    Purpose of Loan Working capital
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Lender's Name Alia Equities LLC
    Lender's Title  
    Relationship to Insider Wholly-owned by Founder
    Original Amount of Loan 7,455,000
    Balance Due 0
    Date of Note 2008-02
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower 2nd mtg on leasehold
    Purpose of Loan Building construction
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 3
    Lender's Name Newtown Saving Bank
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 3,000,000
    Balance Due 0
    Date of Note 2008-07
    Maturity Date 2028-07
    Repayment Terms  
    Interest Rate 6.000000000000
    Security Provided by Borrower 1st mtg on leasehold
    Purpose of Loan Parking lot construction
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 4
    Lender's Name Line of credit
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 0
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan Working capital
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 5
    Lender's Name Peter D'Amico
    Lender's Title  
    Relationship to Insider Founder
    Original Amount of Loan 10,000
    Balance Due 0
    Date of Note  
    Maturity Date  
    Repayment Terms Demand note
    Interest Rate 0.000000000000
    Security Provided by Borrower None
    Purpose of Loan Working capital
    Description of Lender Consideration  
    Consideration FMV  


    TY 2018 OtherAssetsSchedule
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Capitalized lease fees 465,000 450,000 450,000
    Goodwill-Fitness Loft acquisition 164,339 164,339 164,339


    TY 2018 OtherExpensesSchedule
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advertising and Insurance 103,558 0 38,906 64,652
    Fundraising 32,932 0 32,932 0
    Athletic programs expense 189,406 0 29,788 159,618
    Office expense 7,355 0 7,355 0
    Payroll processing 46,243 0 46,243 0
    Amortization 15,000 0 1,500 13,500


    TY 2018 OtherIncomeSchedule2
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Athletics programs fees 1,584,730   1,584,730


    TY 2018 OtherLiabilitiesSchedule
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Description Beginning of Year - Book Value End of Year - Book Value
    Installment purchase 248,609 248,609


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Management Consultants 53,124 0 53,124 0


    TY 2018 SubstantialContributorsSch
    Name:
    Newtown Youth Academy Inc
    EIN:
    45-0547484
    Name Address
    Peter E D'Amico P O Box 335
    Newtown,CT06470