BLACK FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BLACK FAMILY FOUNDATION (EIN 06-6463395)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-14
- IRS object ID
- 202441359349103119
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T12:31:44-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460761538 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOATRIGHT CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5324 REIMERS RD STE A | AddressLine1Txt |
| City | SPICEWOOD | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 786696139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 066463395 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACK FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLAC | BusinessNameControlTxt |
| Phone | 8308253138 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7907 | AddressLine1Txt |
| City | HORSESHOE BAY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78657 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILLIE K BLACK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2024-05-14 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BILLIE | PersonFirstNm |
| Person Last | BLACK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL BOATRIGHT CPA | PreparerPersonNm |
| PTIN | P01351942 | PTIN |
| Phone | 5125221678 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,156,519 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $32,757 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $32,757 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $32,757 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,217 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $55,689 | GrossSalesPriceAmt |
| Total Rev And Expnss | $31,540 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $32,757 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $32,757 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,200 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $341 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $341 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $14,129 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $14,129 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $15,670 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,541 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,129 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $55,806 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $55,806 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $71,476 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,541 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $69,935 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$39,936 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $31,216 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $32,757 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,186 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,359 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,359 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $1,049,790 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,009,925 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,152,160 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,053,976 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,014,284 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,156,519 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $190 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $434 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $190 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $434 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $852,913 | CapitalStockBOYAmt |
| Capital Stock EOY | $852,913 | CapitalStockEOYAmt |
| Retained Earning BOY | $200,873 | RetainedEarningBOYAmt |
| Retained Earning EOY | $160,937 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,053,786 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,013,850 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,053,976 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,014,284 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,053,786 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$39,936 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,013,850 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,013,850 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $434 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $434 | SubtotalAmt |
| Tax Based On Investment Income | $434 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $434 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BILLIE K BLACK | IndividualWithBooksNm |
| Phone | 8308253138 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7907 | AddressLine1Txt |
| City | HORSESHOE BAY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78657 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BILLIE K BLACK | ||||||||
| PO BOX 7907 | HORSESHOE BAY | TX | 78657 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| KEVIN ROBERT BLACK | ||||||||
| PO BOX 7907 | HORSESHOE BAY | TX | 78657 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| SUSAN BLACK HANDLEY | ||||||||
| PO BOX 7907 | HORSESHOE BAY | TX | 78657 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,125,802 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,130,802 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,130,802 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,962 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,113,840 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $55,692 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $55,692 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $434 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $434 | TotalTaxAmt |
| Distributable Before Adj | $55,258 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $55,258 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $55,258 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $69,935 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $69,935 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $55,258 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $11,691 | UndistributedIncomePYAmt |
| Qualifying Distributions | $69,935 | QualifyingDistributionsAmt |
| Applied To Year1 | $11,691 | AppliedToYear1Amt |
| Applied To Current Year | $55,258 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,986 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,986 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,986 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $2,986 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| FOREST HILLS SECURITY PROGRAM | |||||
| PO BOX 180693 | DALLAS | TX | 75218 | CHARITABLE | $10,000 |
| MARBLE FALLS CHURCH OF CHRIST | |||||
| 711 BROADWAY | MARBLE FALLS | TX | 78654 | CHARITABLE | $13,500 |
| NEW HORIZONS RANCH & CENTER INC | |||||
| 147 SAYLS BLVD | ABILENE | TX | 79605 | CHARITABLE | $5,500 |
| TEXAS A&M FOUNDATION | |||||
| 401 GEORGE BUSH DR | COLLEGE STATION | TX | 77840 | SCHOLARSHIPS | $11,306 |
| WHITE ROCK LAKE CONSERVANCY | |||||
| PO BOX 140227 | DALLAS | TX | 75214 | CHARITABLE | $3,500 |
| BOYS & GIRLS CLUB | |||||
| 6648 ED BLUESTEIN BLVD | AUSTIN | TX | 78723 | CHARITABLE | $1,000 |
| ROUND MOUNTAIN VFD | |||||
| PO BOX 5 | ROUND MOUNTAIN | TX | 78663 | CHARITABLE | $5,500 |
| PHOENIX CENTER | |||||
| 3340 STATE HWY 71 | HORSESHOE BAY | TX | 78657 | CHARITABLE | $5,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $55,806 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $32,757 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$1,217 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $32,757 | ExclusionAmt |
| Related Or Exempt Function Incm | -$1,217 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $31,540 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,200 | Amt |
| Net Investment Income | $1,200 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| EDWARD JONES | PURCHASE | $1,252 | $1,257 | -$5 |
| EDWARD JONES | PURCHASE | $54,437 | $55,649 | -$1,212 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EDWARD JONES ACCT 90-1-3 | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,009,925 | BookValueAmt |
| EOYFMV | $1,152,160 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| TRUSTEE FEES | $14,129 | $14,129 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES PAID | CategoryTxt |
| Amt | $341 | Amt |
| Net Investment Income | $341 | NetInvestmentIncomeAmt |