ELROY SCHOPPA FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ELROY SCHOPPA FOUNDATION (EIN 95-4772136)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202413209349105501
- Schema version
- 2023v5.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Loans From Officers Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T01:21:38-00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 274404441 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Oates Financial LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250F NW Tarrant | AddressLine1Txt |
| City | Burleson | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76028 | 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 | 954772136 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Elroy Schoppa Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Vickie Matlock | InCareOfNm |
| Business Name Control | ELRO | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 408 Jayme Ct | AddressLine1Txt |
| City | Burleson | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Vickie S Matlock | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | James Oates EA | PreparerPersonNm |
| PTIN | P00641193 | PTIN |
| Phone | 8174470946 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Interest On Sav Rev And Expnss | $631 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $631 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $20,575 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,575 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,701 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $165,887 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $24,907 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $21,206 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $13,200 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $13,200 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $1,340 | OtherProfFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $19,792 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,792 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $19,792 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $34,332 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,792 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $19,792 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,200 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $14,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $48,332 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,792 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $19,792 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $27,200 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$23,425 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,414 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $15,075 | CashBOYAmt |
| Cash EOY | $18,259 | CashEOYAmt |
| Other Nts And Loans Rcvbl | $5,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $5,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Investments BOY | $644,999 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $618,388 | OtherInvestmentsEOYAmt |
| Total Assets BOY | $665,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $641,647 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $1,958 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $1,958 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $2 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $1,960 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,958 | TotalLiabilitiesEOYAmt |
| Capital Stock BOY | $32,205 | CapitalStockBOYAmt |
| Capital Stock EOY | $32,205 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $262,970 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $262,970 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $367,939 | RetainedEarningBOYAmt |
| Retained Earning EOY | $344,514 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $663,114 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $639,689 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $665,074 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $641,647 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $663,114 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$23,425 | ExcessRevenueOverExpensesAmt |
| Subtotal | $639,689 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $639,689 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $20 | SubtotalAmt |
| Tax Based On Investment Income | $20 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $20 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
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 |
|---|---|---|---|---|---|---|
| Courtney McClendon | ||||||
| 801 E La Habra Blvd Unit B | La Habra | CA | 90631 | Secretary | 000.00 | $1,200 |
| Karen Schoppa | ||||||
| 801 E La Habra Blvd Unit B | La Habra | CA | 90631 | Treasurer | 000.00 | $6,000 |
| Vickie S Matlock | ||||||
| 801 E La Habra Blvd Unit B | La Habra | CA | 90631 | President | 000.00 | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $20 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20 | TotalTaxAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $27,200 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $27,200 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $27,200 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $27,200 | RemainingDistriFromCorpusAmt |
| Total Corpus | $27,200 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $27,200 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $27,200 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Vickie S Matlock | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1912 Lotus Place | AddressLine1Txt |
| City | Brea | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8179292043 | RecipientPhoneNum |
| Form And Info And Materials | The student must submit an application form along with an essay. The essay needs to address the students future educational goals and plans | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | April 30th | SubmissionDeadlinesTxt |
| Restrictions On Awards | The member must be a member of the preselect3d church or must attend the high school or university tge scholarship award is being offered to | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| Kollin Bergt TTU | |||||
| 2500 Broadsway | Lubbock | TX | 79409 | Education | $500 |
| Joshua Littlefield Arkansas Tech Un | |||||
| 215 W O St | Russellville | AR | 72801 | Education | $500 |
| Broc Kieschnick Texas AM University | |||||
| Texas A and M University | College Station | TX | 77802 | Education | $500 |
| Brook Myers Texas Tech University | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Caroline Taylor Texas AM | |||||
| 2501 4th Ave | Canyon | TX | 79016 | Education | $500 |
| Riley Elliott Stephen F Austin | |||||
| 2102 Alumni Dr | Nacogdoches | TX | 75962 | Education | $500 |
| Kendall Kirk Tarelton State Univers | |||||
| 1333 W Washington St | Stephenville | TX | 76401 | Education | $500 |
| Southwestern OK State University | |||||
| 100 W Campus Dr | Weatherford | OK | 73096 | Education | $500 |
| Weldon Gilbert Southwestern State U | |||||
| 1001 E University Ave | Georgetown | TX | 78626 | Education | $500 |
| Bryce Koch Midwestern State Univers | |||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | Education | $500 |
| Emma Stiles Texas State University | |||||
| 601 University Dr | San Marcos | TX | 78665 | Education | $500 |
| Abigail Brabbin Texas Tech Universi | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Ana Urista Texas Tech University | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Brooklyn Koch N Central Texas Colle | |||||
| 1525 W California | Gainsville | TX | 76240 | Education | $500 |
| Ashlee Villarreal Hardin Simmons Un | |||||
| 2200 Hickory St | Abilene | TX | 79601 | Education | $500 |
| Kathryn Patterson Texas Tech Univer | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Brook Meyers Texas Tech University | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Stephen Newton Shenandoah Universit | |||||
| 1460 University Dr | Winchester | VA | 22601 | Education | $500 |
| Stephen Newton Shenandoah Universit | |||||
| 1460 University Dr | Winchester | VA | 22601 | Education | $500 |
| Riley Elliot Stephen F Austin | |||||
| 2102 Alumni Dr | Nacogdoches | TX | 75962 | Education | $500 |
| Alexis Delazarza DBU | |||||
| 3000 Mountain Creek Pkwy | Dallas | TX | 75211 | Education | $500 |
| Kollin Bergt Texas Tech University | |||||
| 2500 Broadway | Lubbock | TX | 79409 | Education | $500 |
| Joshua Littlefield Arkansas Tech Un | |||||
| 215 W O St | Russellville | AR | 72801 | Education | $500 |
| Caroline Taylor Texas AM | |||||
| 2501 4th Ave | Canyon | TX | 79016 | Education | $500 |
| Broc Kieschnick Texas AM | |||||
| Texas A and M University | College Station | TX | 77802 | Education | $500 |
| Valerie Mejia Vernon College | |||||
| 4400 College Dr | Vernon | TX | 76384 | Education | $500 |
| Tarelton State University Kendall K | |||||
| 1333 W Washington St | Stephenville | TX | 76401 | Education | $500 |
| Southwestern OK State University El | |||||
| 100 W Campus Dr | Weatherford | OK | 73096 | Education | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $14,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $20,575 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $20,575 | UnrelatedBusinessTaxblIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,575 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| Wells Fargo - ST Covered | P | 2023-12 | $25,997 | $25,151 | $846 | |
| Wells Fargo - St Non covered | P | 2023-12 | $55,000 | $55,000 | ||
| Wells Fargo - LT Covered | P | 2023-12 | $69,182 | $73,205 | -$4,023 | |
| Wells Fargo - LT Non covered | P | 2023-12 | $6,000 | $6,000 | ||
| Wells Fargo - FirstCash | P | 2023-12 | $9,708 | $2,830 | $6,878 | 2010-12 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | 2022 YEAR eND bAL | CategoryOrItemTxt |
| Book Value | $618,388 | BookValueAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | 2022 Ending Balance | LenderPersonNm |
| Balance Due | $1,958 | BalanceDueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Wells Fargo Investment Fees | $15,527 | $15,527 | $15,527 |
| Travel-Reimbursements | $3,949 | $3,949 | $3,949 |
| Supplies | $242 | $242 | $242 |
| Postage | $49 | $49 | $49 |
| Dept Justice | $25 | $25 | $25 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | rounding | Desc |
| BOY Book Value | $2 | BOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAx Preparation | CategoryTxt |
| Amt | $1,340 | Amt |