THE SPARKS FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE SPARKS FOUNDATION INC (EIN 20-0396160)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349105359
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T11:35:17-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 842507225 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kirk Douglas & Company PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3300 N A St Bldg 2-212 | AddressLine1Txt |
| City | Midland | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79705 | 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 | 200396160 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sparks Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPAR | BusinessNameControlTxt |
| Phone | 4326835203 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 Mockingbird Ln | AddressLine1Txt |
| City | Midland | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C Todd Sparks | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | Bryan R Douglas CPA | PreparerPersonNm |
| PTIN | P00536654 | PTIN |
| Phone | 4326821073 | PhoneNum |
| 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 | $9,599,479 | 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 |
| Interest On Sav Rev And Expnss | $74,079 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $74,079 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $74,079 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $15,047 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $15,047 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $15,047 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $41,184 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,186,832 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $41,184 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $37,437 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $2,021,327 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,021,327 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,021,327 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,151,637 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,151,637 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,147,890 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $5,925 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,925 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $5,925 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $4,045 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,045 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $4,045 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $149,427 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,378 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $149,427 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | -$75 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | -$75 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | -$75 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $159,322 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,273 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $159,322 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $271,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $271,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $430,322 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,273 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $159,322 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $271,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,721,315 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,127,364 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,988,568 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,654,681 | CashBOYAmt |
| Cash EOY | $1,248,158 | CashEOYAmt |
| Cash EOYFMV | $1,248,158 | CashEOYFMVAmt |
| Corporate Stock BOY | $2,256,027 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,307,134 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,937,867 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,518,785 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,413,454 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,413,454 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $125,416 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $125,416 | LandBOYAmt |
| Land EOY | $125,416 | LandEOYAmt |
| Other Assets EOY | $1 | OtherAssetsEOYAmt |
| Total Assets BOY | $6,554,909 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,094,163 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,599,479 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | -$2,000 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $4,925 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $1 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | -$1,999 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,925 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,556,908 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,089,238 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,556,908 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,089,238 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,554,909 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,094,163 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,556,908 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,721,315 | ExcessRevenueOverExpensesAmt |
| Other Increases | $198 | OtherIncreasesAmt |
| Subtotal | $8,278,421 | SubtotalAmt |
| Other Decreases | $189,183 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,089,238 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Pershing xx3341 STC | P | 2023-01-01 | 2023-12-31 | $289,075 | $258,040 | $31,035 | $31,035 |
| Fidelity xx4093 STC | P | 2023-01-01 | 2023-12-31 | $878,598 | $872,196 | $6,402 | $6,402 |
| Fidelity xx4093 LTC | P | 2022-01-01 | 2023-12-31 | $19,159 | $15,412 | $3,747 | $3,747 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $41,184 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $37,437 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29,570 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $29,570 | SubtotalAmt |
| Tax Based On Investment Income | $29,570 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $149,344 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $149,344 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $119,774 | OverpaymentAmt |
| Applied To ES Tax | $60,000 | AppliedToESTaxAmt |
| Refund | $59,774 | RefundAmt |
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 | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C Todd Sparks | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4326835203 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 Mockingbird Ln | AddressLine1Txt |
| City | Midland | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 797051664 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| C Todd Sparks | ||||||
| 2600 Mockingbird Ln | Midland | TX | 79705 | Secretary | 2.00 | $0 |
| W Jeffrey Sparks | ||||||
| 2600 Mockingbird Ln | Midland | TX | 79705 | Vice President | 2.00 | $0 |
| Don L Sparks | ||||||
| 2600 Mockingbird Ln | Midland | TX | 79705 | President | 2.00 | $0 |
| Kevin D Sparks | ||||||
| 2600 Mockingbird Ln | Midland | TX | 79705 | Treasurer | 2.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,479,644 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $777,503 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,257,147 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $4,257,147 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $63,857 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,193,290 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $209,665 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $209,665 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,570 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,570 | TotalTaxAmt |
| Distributable Before Adj | $180,095 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $180,095 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $180,095 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $271,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $271,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $180,095 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $297,727 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $228,546 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $336,050 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $456,797 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $708,337 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,027,457 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $271,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $180,095 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $90,905 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,118,362 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $297,727 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,820,635 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $228,546 | ExcessFromYear4Amt |
| Excess From Year3 | $336,050 | ExcessFromYear3Amt |
| Excess From Year2 | $456,797 | ExcessFromYear2Amt |
| Excess From Year1 | $708,337 | ExcessFromYear1Amt |
| Excess From Current Year | $90,905 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | C Todd Sparks | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 Mockingbird Ln | AddressLine1Txt |
| City | Midland | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4326835203 | RecipientPhoneNum |
| Form And Info And Materials | Prescribed Forms | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | 90 days prior to requested funding date | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| Texas Public Policy Foundation | |||||||
| 900 Congress Ave Ste 400 | Austin | TX | 78701 | PC | To assist and support the services and programs of the foundation. | $200,000 | |
| America First Policy Institute | |||||||
| PO Box 2123 | Arlington | VA | 22202 | PC | To assist and support the services and programs of the foundation. | $25,000 | |
| Christians Engaged | |||||||
| PO Box 472655 | Garland | TX | 75047 | PC | To assist and support the services and programs of the foundation. | $15,000 | None |
| Flag Foundation | |||||||
| 301 E Lemon St Ste B | Tarpon Springs | FL | 34689 | PC | To assist and support the services and programs of the foundation. | $1,000 | None |
| Buena Vista Young Life | |||||||
| 22150 County Rd 322 | Buena Vista | CO | 81211 | PC | To assist and support the services and programs of the foundation. | $5,000 | None |
| Midland Chamber Foundation | |||||||
| 303 W Wall Ste 200 | Midland | TX | 79701 | PC | To assist and support the services and programs of the foundation. | $25,000 | None |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $271,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $74,079 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,047 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $31,035 | ExclusionAmt |
| Related Or Exempt Function Incm | $10,149 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | ExclusionExclusionAmt | ExclusionExclusionCd |
|---|---|---|
| Bourne Seniors | -$9,103 | |
| DOI Apache Flat LLC | $91,107 | |
| DOI Sisters LLC | $36,079 | |
| Had Enough, LLC | ||
| Legacy Lift Partners, LLC | $12,609 | |
| Leitbox Portfolio | -$5,753 | |
| Mass Energy Holdings, LLC | $72,011 | |
| Moody National | $9,038 | |
| Royalty Income | $1,872,701 | 15 |
| SA Ventures II LLC | -$43,908 | |
| SBS Roadrunner, LLC | ||
| Sealy Industrial | ||
| WTX MV3 LLC | -$13,454 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,141,488 | ExclusionAmt |
| Related Or Exempt Function Incm | $10,149 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,151,637 | 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 | Legal and Professional | CategoryTxt |
| Amt | $5,925 | Amt |
| Net Investment Income | $5,925 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,925 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate Stocks | StockNm |
| EOY Book Value | $2,307,134 | EOYBookValueAmt |
| EOYFMV | $3,937,867 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Other investments | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $4,413,454 | BookValueAmt |
| EOYFMV | $4,413,454 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $125,416 | CostOrOtherBasisAmt |
| Book Value | $125,416 | BookValueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| EOY Book Value | $1 | EOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CYC | Desc |
| Amt | $189,183 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Bank Charge | Desc |
| Revenue And Expenses Per Books | -$75 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$75 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$75 | AdjustedNetIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Bourne Seniors | -$9,103 | -$9,103 | -$9,103 |
| DOI Apache Flat LLC | $91,107 | $91,107 | $91,107 |
| DOI Sisters LLC | $36,079 | $36,079 | $36,079 |
| Legacy Lift Partners, LLC | $12,609 | $12,609 | $12,609 |
| Leitbox Portfolio | -$5,753 | -$5,753 | -$5,753 |
| Mass Energy Holdings, LLC | $72,011 | $72,011 | $72,011 |
| Moody National | $9,038 | $9,038 | $9,038 |
| Royalty Income | $1,872,701 | $1,872,701 | $1,872,701 |
| SA Ventures II LLC | -$43,908 | -$43,908 | -$43,908 |
| WTX MV3 LLC | -$13,454 | -$13,454 | -$13,454 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior Year Adjustment | Desc |
| Amt | $198 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Advisory Fees | CategoryTxt |
| Amt | $4,045 | Amt |
| Net Investment Income | $4,045 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,045 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Ad Valorem | $14,119 | $14,119 | $14,119 |
| Admin Exp | $5 | $5 | $5 |
| Foreign Taxes | $106 | $106 | $106 |
| Sev Tax | $148 | $148 | $148 |
| Taxes | $135,049 | $135,049 |