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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
J P INDUSTRIES INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2851 N COUNTRY CLUB RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85716
A Employer identification number

86-0810639
B Telephone number (see instructions)

(520) 326-4393
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$13,134,189J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 8,851 8,851 8,851
4 Dividends and interest from securities... 47,659 47,659 47,659
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -192,422
b Gross sales price for all assets on line 6a 1,401,663
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
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 11,528,982    
12 Total. Add lines 1 through 11........ 11,393,070 56,510 56,510
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 490,824     490,824
14 Other employee salaries and wages...... 5,428,476     5,428,476
15 Pension plans, employee benefits....... 922,487     922,487
16a Legal fees (attach schedule)......... Click to see attachment 89,349     89,349
b Accounting fees (attach schedule)....... Click to see attachment 15,093     15,093
c Other professional fees (attach schedule).... Click to see attachment 102,434     102,434
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 496,900 263 263 496,900
19 Depreciation (attach schedule) and depletion... Click to see attachment 155,986    
20 Occupancy.............. 78,535     78,535
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,310,660 5,149 5,149 2,310,660
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,090,744 5,412 5,412 9,934,758
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 10,090,744 5,412 5,412 9,934,758
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,302,326
b Net investment income (if negative, enter -0-) 51,098
c Adjusted net income (if negative, enter -0-)... 51,098
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 4,744,501 6,492,388 6,492,388
2 Savings and temporary cash investments......... 2,297,563 2,022,374 2,022,374
3 Accounts receivable bullet1,037,409
Less: allowance for doubtful accounts bullet   1,607,798 1,037,409 1,037,409
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.............. 6,902 37,403 37,403
9 Prepaid expenses and deferred charges.......... 27,761 20,234 20,234
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).......... 2,241,959 2,344,447 2,344,447
14 Land, buildings, and equipment: basis bullet2,376,015
Less: accumulated depreciation (attach schedule) bullet1,196,081 1,266,745 Click to see attachment1,179,934 1,179,934
15 Other assets (describe bullet) Click to see attachment2,501    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,195,730 13,134,189 13,134,189
Liabilities 17 Accounts payable and accrued expenses.......... 24,126 81,514
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment990,451 Click to see attachment376,844
23 Total liabilities (add lines 17 through 22)......... 1,014,577 458,358
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 11,181,153  
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,181,153 12,675,831
30 Total liabilities and net assets/fund balances (see instructions). 12,195,730 13,134,189
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
11,181,153
2
Enter amount from Part I, line 27a .....................
2
1,302,326
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
192,352
4
Add lines 1, 2, and 3 ..........................
4
12,675,831
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,675,831
Form 990-PF (2020)
Form 990-PF (2020)
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.)
1 a PERSHING - SHORT-TERM P 2020-01-01 2020-04-14
b PERSHING - LONG-TERM P 2013-01-01 2020-04-14
c RBC - SHORT-TERM P 2020-01-01 2020-12-31
d RBC - LONG-TERM P 2013-01-01 2020-12-31
e DEBENTURE INVESTMENT P 2009-10-28 2020-12-31
TRAILER - APC P 2012-10-05 2020-11-10
TRAILER P 2018-09-04 2020-11-10
(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 28,515   36,362 -7,847
b 1,223,053   1,366,117 -143,064
c 96,832   89,220 7,612
d 51,063   50,080 983
e     50,000 -50,000
1,000 2,637 2,637 1,000
1,200 1,538 3,844 -1,106
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       -7,847
b       -143,064
c       7,612
d       983
e       -50,000
      1,000
      -1,106
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 -192,422
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 -235
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 710
c All other domestic foundations enter 1.39% 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  
3 Add lines 1 and 2........................... 3 710
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 710
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 10
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 720
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 2021 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 the instructions
for the 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
     
    No
    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)
    bullet
    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 .Click to see attachment
    8b
     
    No
    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 2020 or the taxable year beginning in 2020? 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. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 addressbulletjpi@jpindustries.org
    14
    The books are in care ofbulletROBERT DECKER CPA Telephone no.bullet (520) 321-0244

    Located atbullet4646 E 2ND STREETTUCSONAZ ZIP+4bullet85711
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    JULES PARKER Director
    1.00     		2,000    
    2040 SUNSET MAPLE LANE
    CHESAPEAKE,VA23323
    JOMAR JENKINS Chairman
    1.00     		2,000    
    3034 N 50TH STREET
    PHOENIX,AZ85018
    ALONZO WILLIAMS Director
    1.00     		2,000    
    3340 S BUCKSKIN WAY
    CHANDER,AZ85286
    DOROTHY PARKER Vice Pres, HR
    40.00     		69,417 3,911 6,500
    25 E CALLE DE AMISTAD
    TUCSON,AZ85716
    JOHN SHIELDS Secretary
    1.00     		2,000    
    1709 CRESTWOOD DRIVE
    SIERRA VISTA,AZ85635
    DANIEL SMALL CFO
    40.00     		71,528 3,763  
    7530 N VILLAGE AVE
    TUCSON,AZ85704
    JULIUS PARKER President & CEO
    40.00     		153,415 13,862 4,550
    25 E CALLE DE AMISTAD
    TUCSON,AZ85716
    DORVITA PARKER COO
    1.00     		147,478   8,400
    3210 E CALLE DE LA PUNTA APT 6
    TUCSON,AZ85718
    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
    JOE E GOMEZ PROJECT MANAGER
    40.00     		60,830 12,675  
    8325 S VIA DEL FORJADOR
    TUCSON,AZ85747
    BARBARA WALKER PROJECT MANAGER
    40.00     		61,805    
    8610 E 4TH STREET
    TUCSON,AZ85710
    OLIVIA SEQUEIRA-COVARRUBIAS FINANCE MANAGER
    40.00     		60,419 3,180  
    2901 W CAMINO CLAVELES
    TUCSON,AZ85745
    SHEILA TONGUE OFFICE MANAGER
    40.00     		74,707    
    7345 S ARIZONA MADERA DR
    TUCSON,AZ85747
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    PREMIER ALLIANCES SUB-CONTRACTOR 614,108
    1556 S NACO HWY
    BISBEE,AZ85603
    WILDCAT EXTERMINATING SUB-CONTRACTOR 186,441
    1709 W MODERN CT
    TUCSON,AZ85705
    NORTHWEST LANDSCAPING SUB-CONTRACTOR 155,527
    1771 W DAIRY PL
    TUCSON,AZ85705
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 ASSIST EMPLOYEES IN ACHIEVING THEIR VOCATIONAL AND ECONOMIC POTENTIAL THROUGH ENTREPRENEURIAL ACTIVITIES THAT RESULT IN EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH SEVERE DISABILITIES. 0
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (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
    9,934,758
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    9,934,758
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    9,934,758
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, 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 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
    2019-07-31
    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) 2020 (b) 2019 (c) 2018 (d) 2017
    0       0
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		9,934,758 10,509,257 9,549,596   29,993,611
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		9,934,758 10,509,257 9,549,596   29,993,611
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    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) ....     		  10,753,161 10,243,653   20,996,814
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		   10,753,161 10,243,653   20,996,814
    (4) Gross investment income   29,222 66,162   95,384
    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 (2020)
    Form 990-PF (2020)
    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
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        8,851
    4 Dividends and interest from securities....         47,659
    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 ............     		        -192,422
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCONTRACT INCOME     		    3   11,528,982
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     11,393,070
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,393,070
    (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.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING, TAX & AUDIT FEES 15,093 0 0 15,093

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

    TY 2020 DepreciationSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    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
    BUILDING - 2851 COUNTRY 2011-05-31 513,615 113,596 SL 2.56 % 13,169      
    14 Toyota Tacoma #4933 2014-06-04 25,940 25,309 SL 5.0000 631      
    CON TV (2) 2015-04-30 2,769 2,562 SL 7.50 % 207      
    TRAILER 2015-10-02 40,987 11,276 SL 6.67 % 2,734      
    Parking Lot Repavement 2016-06-03 32,166 7,776 SL 6.67 % 2,145      
    Rolling Shutters 2016-12-29 33,104 6,899 SL 6.67 % 2,208      
    07 Honda Odyssey #7606 2016-01-27 13,449 10,424 SL 20.00 % 2,690      
    16 Nissan Frontier #4032 2016-08-26 25,686 17,337 SL 20.00 % 5,137      
    16 Nissan Frontier #5762 2016-08-26 25,686 17,337 SL 20.00 % 5,137      
    17 Cushman Golfcarts (4) 2016-10-25 42,861 26,788 SL 20.00 % 8,572      
    BUILDING - 3040 COUNTRY 2017-09-29 201,169 11,823 SL 2.56 % 5,158      
    MICROAGE - PAYROLL EQUIP 2017-05-02 3,281 1,640 SL 20.00 % 656      
    CBIZ - PAYROLL EQUIP 2017-06-26 6,374 3,187 SL 20.00 % 1,275      
    17 NISSAN TITAN #5620 2017-01-10 34,691 17,345 SL 20.00 % 6,938      
    17 NISSAN FRONTIER #6456 2017-01-12 26,545 13,273 SL 20.00 % 5,309      
    17 NISSAN FRONTIER #9676 2017-01-12 28,545 14,273 SL 20.00 % 5,709      
    17 NISSAN FRONTIER #1827 2017-01-12 28,545 14,273 SL 20.00 % 5,709      
    17 NISSAN NV200 #5244 2017-01-12 22,820 11,410 SL 20.00 % 4,564      
    17 NISSAN NV200 #7678 2017-01-12 22,820 11,410 SL 20.00 % 4,564      
    16 NISSAN VERSA #0009 2017-01-12 13,801 6,900 SL 20.00 % 2,760      
    16 NISSAN SENTRA #0650 2017-02-17 17,000 8,500 SL 20.00 % 3,400      
    17 NISSAN NV200 #7545 2017-04-05 23,189 11,595 SL 20.00 % 4,638      
    17 NISSAN NV200 #6345 2017-04-05 23,189 11,595 SL 20.00 % 4,638      
    17 NISSAN VERSA #1546 2017-07-21 13,914 6,957 SL 20.00 % 2,783      
    17 NISSAN VERSA #3314 2017-07-21 13,913 6,957 SL 20.00 % 2,783      
    BLDG IMP - 3040 2018-04-20 7,163 717 SL 6.67 % 478      
    SOFTWARE - CLEANING SIC 2018-07-26 10,796 5,398 SL 33.33 % 3,598      
    TRAILER 2018-09-04 3,844 1,153 SL 20.00 % 385      
    19 DODGE 2500 PU 8180 2019-11-01 40,595 1,015 SL 20.00 % 8,119      
    19 DODGE 2500 PU 7998 2019-11-01 41,185 1,030 SL 20.00 % 8,237      
    18 FORD VAN 3533 2019-11-01 29,935 748 SL 20.00 % 5,987      
    18 FORD VAN 3530 2019-11-01 29,295 732 SL 20.00 % 5,859      
    MACHINERY & EQUIPMENT 2019-05-28 4,132 517 SL 20.00 % 826      
    MACHINERY & EQUIPMENT 2019-06-30 9,453 1,182 SL 20.00 % 1,891      
    MACHINERY & EQUIPMENT 2019-06-30 15,097 1,887 SL 20.00 % 3,019      
    MACHINERY & EQUIPMENT 2019-12-31 26,103 653 SL 20.00 % 5,221      
    HVAC - BORDER 2019-08-31 7,672 192 SL 6.67 % 512      
    SOFTWARE - PRICING 2019-12-31 5,000 209 SL 33.33 % 1,667      
    19 NISSAN FRONTIER 6863 2020-06-15 28,177   SL 10.00 % 2,818      
    19 NISSAN FRONTIER 3470 2020-06-15 28,177   SL 10.00 % 2,818      
    OFFICE DESK 2020-11-18 5,988   SL 7.14 % 428      
    SECURITY SYSTEM 2020-11-02 4,562   SL 3.33 % 152      
    DELL COMPUTER EQUIPMENT 2020-07-25 4,578   SL 10.00 % 458      

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Statement:
    NOT REQUIRED

    TY 2020 LandEtcSchedule2
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 1,137,795 890,347 247,448 247,448
    Furniture and Fixtures 17,583 12,023 5,560 5,560
    Machinery and Equipment 194,520 117,556 76,964 76,964
    Buildings 714,784 143,746 571,038 571,038
    Improvements 84,667 21,079 63,588 63,588
    Land 206,292   206,292 206,292
    Miscellaneous 20,374 11,330 9,044 9,044


    TY 2020 LegalFeesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 89,349 0 0 89,349


    TY 2020 OtherExpensesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING & MARKETING 3,644     3,644
    BANK FEES 2,192     2,192
    BUSINESS MEALS 7,327     7,327
    COMPUTER EXPENSES 4,266     4,266
    CONTRIBUTIONS & DONATIONS 900     900
    DUES & SUBCRIPTIONS 8,032     8,032
    EQUIPMENT MAINTENANCE & RENTALS 6,176     6,176
    FEES - ABILITY ONE 406,269     406,269
    INSURANCE 102,812     102,812
    INVESTMENT MGMT FEES 5,149 5,149 5,149 5,149
    LICENSES, FEES & PERMITS 9,638     9,638
    MISCELLANEOUS 3,599     3,599
    MISCELLANEOUS - COG 29,303     29,303
    OFFICE EXPENSE 21,353     21,353
    SUBCONTRACTORS 1,032,132     1,032,132
    SUPPLIES - CONTRACTS 491,244     491,244
    TRAINING & EMPLOYEE EXPENSES 11,612     11,612
    VEHICLE EXPENSES 165,012     165,012


    TY 2020 OtherIncomeSchedule2
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CONTRACT INCOME 11,528,982    


    TY 2020 OtherLiabilitiesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARDS PAYABLE 21,214 4,965
    ACCRUED PAYROLL & RELATED LIABILITIES 369,589 268,780
    ABILITY ONE PAYABLE 99,648 103,099
    ACCRUED LEGAL SETTLEMENT 500,000  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 102,434 0 0 102,434


    TY 2020 TaxesSchedule
    Name:
    J P INDUSTRIES INC
    EIN:
    86-0810639
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 263 263 263 263
    PAYROLL TAXES 496,637     496,637