FOSTER CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FOSTER CHARITABLE FOUNDATION INC (EIN 02-0653934)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349104094
- 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
- Depreciation Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T14:17:34-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 320260234 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Corey C Davis CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 W Main St | AddressLine1Txt |
| City | Kerrville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | 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 | 020653934 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foster Charitable Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOST | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2125 Sidney Baker | AddressLine1Txt |
| City | Kerrville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jana Smith | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8302570586 | PhoneNum |
| 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 | Corey C Davis | PreparerPersonNm |
| PTIN | P01078294 | PTIN |
| Phone | 8302578800 | 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 | $3,360,644 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $9,468 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,605 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,370 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,370 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $98,441 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $98,441 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$18,497 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $5,759 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $309,373 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,759 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $5,759 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,671 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,548 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $121,709 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $114,723 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $5,759 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $158,353 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $31,671 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $95,012 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $6,560 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $30,733 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $6,147 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $18,440 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,375 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,086 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,041 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $79,877 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $79,877 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $28,434 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $22,331 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $4,348 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $98,538 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,864 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $52,575 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $429,679 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $193,306 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $168,402 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $725 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $725 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $430,404 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $193,306 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $169,127 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$308,695 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,759 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $528,619 | CashBOYAmt |
| Cash EOY | $226,736 | CashEOYAmt |
| Cash EOYFMV | $226,736 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $612,513 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $623,546 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $623,546 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $10,142 | RcvblFromOfficersBOYAmt |
| Other Nts And Loans Rcvbl | $41,972 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $45,988 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $41,972 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $41,972 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Invst Land Cost Or Other Basis | $983,446 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $236,763 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $752,684 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $746,683 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,252,634 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $166,090 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $170,424 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $191,756 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $53,217 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,813 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $22,183 | LandBOYAmt |
| Land EOY | $19,404 | LandEOYAmt |
| Land EOYFMV | $24,000 | LandEOYFMVAmt |
| Other Assets BOY | $122,777 | OtherAssetsBOYAmt |
| Total Assets BOY | $2,260,996 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,828,765 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,360,644 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $740 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,208 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $740 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,208 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,260,256 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,824,557 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,260,256 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,824,557 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,260,996 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,828,765 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,260,256 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$308,695 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,802 | OtherIncreasesAmt |
| Subtotal | $1,953,363 | SubtotalAmt |
| Other Decreases | $128,806 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,824,557 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $282,272 | $281,584 | $688 | $688 |
| Publicly Traded Securities | P | $27,101 | $22,030 | $5,071 | $5,071 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,759 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $5,759 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
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 |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| 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 | WWW.FOSTERCHARITABLEFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | JANA S SMITH | IndividualWithBooksNm |
| Phone | 8302570586 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2125 SIDNEY BAKER | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | 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 | Yes (true) | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JANA S SMITH | ||||||||
| 2125 SIDNEY BAKER | KERRVILLE | TX | 78028 | PRESIDENT & DIR | 40.00 | $158,353 | $18,390 | $0 |
| JOHN CHRISTOPHER DOYLE | ||||||||
| 2125 Sidney Baker | Kerrville | TX | 78028 | DIRECTOR & SEC | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | COLON CANCER AWARENESS RADIO ADVERTISING CAMPAIGN RADIO ADVERTISING BUYS TO EDUCATE THE PUBLIC RAISE AWARENESS OF COLON CANCER AND AND ENCOURAGE CHECKUPS | Description1Txt |
| Expenses1 | $48,000 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $796,958 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $370,338 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,320,614 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,487,910 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,487,910 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $52,319 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,435,591 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $171,780 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $171,780 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $171,780 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $171,780 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $171,780 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $169,127 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $169,127 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $171,780 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $137,843 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $14,638 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,129 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $162,610 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $169,127 | QualifyingDistributionsAmt |
| Applied To Current Year | $169,127 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $2,653 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $2,653 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $159,957 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $159,957 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $135,190 | ExcessFromYear3Amt |
| Excess From Year2 | $14,638 | ExcessFromYear2Amt |
| Excess From Year1 | $10,129 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| JDRF Foundation | |||||||
| 200 Vesey St 28th Floor | New York | NY | 10281 | None | PC | Unrestricted Gift | $500 |
| Christian Army | |||||||
| 2646 Center St | Deer Park | TX | 77536 | None | PC | Unrestricted Gift | $225 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $725 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,838 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$18,497 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,671 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,759 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,771 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,771 | 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 | $4,750 | Amt |
| Net Investment Income | $2,375 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,375 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| AC EQUIPMENT | 2012-06-30 | $25,266 | $25,266 | M | 7 | $0 | $0 | $0 |
| INVESTMENT LAND | 2010-01-01 | $69,714 | $0 | NDA | $0 | $0 | $0 | |
| 2125 SIDNEY BAKER IMPROVEMENTS | 2013-06-30 | $48,250 | $11,803 | ARP | 39 | $1,237 | $0 | $0 |
| DENTON QUADPLEX REMODEL | 2013-06-30 | $14,689 | $5,095 | ARR | 27.5 | $534 | $0 | $0 |
| DENTON QUADPLEX LAND | 2010-01-01 | $18,000 | $0 | NDA | $0 | $0 | $0 | |
| DENTON QUADPLEX BLDG | 2010-01-01 | $162,000 | $64,792 | ARR | 27.5 | $5,890 | $0 | $0 |
| 2125 SIDNEY BAKER BUILDING | 2010-01-01 | $374,046 | $95,910 | ARP | 39 | $9,591 | $0 | $0 |
| 2125 SIDNEY BAKER LAND | 2010-01-01 | $93,511 | $0 | NDA | $0 | $0 | $0 | |
| 2012 FORD EXPEDITION | 2014-06-30 | $28,573 | $22,331 | M | 5 | $1,875 | $0 | $0 |
| FIRE ALARMS 2125 SIDNEY BAKER | 2014-06-30 | $3,777 | $3,777 | M | 7 | $0 | $0 | $0 |
| DENTON QUADPLEX ROOF | 2014-06-30 | $3,264 | $1,016 | ARR | 27.5 | $119 | $0 | $0 |
| 2125 SIDNEY BAKER AC | 2019-07-10 | $5,080 | $450 | ARP | 39 | $130 | $0 | $0 |
| 2125 SIDNEY BAKER REMODEL | 2019-12-06 | $13,736 | $2,862 | SL | 15 | $916 | $0 | $0 |
| 2020 SIDNEY BAKER IMPROVEMENTS | 2020-06-15 | $7,228 | $470 | ARP | 39 | $185 | $0 | $0 |
| COMPUTER EQUIPMENT | 2021-11-23 | $3,522 | $1,514 | M | 5 | $803 | $0 | $0 |
| 2021 SIDNEY BAKER FREEZE REMODEL | 2021-04-15 | $45,190 | $1,980 | ARP | 39 | $1,159 | $0 | $0 |
| COMPUTER EQUIPMENT | 2021-05-26 | $4,817 | $2,649 | M | 5 | $867 | $0 | $0 |
| 2021 DENTON QUADPLEX REMODEL | 2021-12-15 | $25,283 | $957 | ARR | 27.5 | $919 | $0 | $0 |
| MENARD STORAGE SHED | 2022-03-11 | $7,681 | $156 | ARP | 39 | $197 | $0 | $0 |
| COMPUTER EQUIPMENT | 2022-09-13 | $5,300 | $1,060 | M | 5 | $1,696 | $0 | $0 |
| SIDNEY BAKER REMODEL | 2022-12-15 | $50,135 | $54 | ARP | 39 | $1,285 | $0 | $0 |
| SIDNEY BAKER APPRAISAL and SURVEY | 2022-08-04 | $7,946 | $0 | NDA | $0 | $0 | $0 | |
| SIDNEY BAKER IMPROVEMENTS | 2023-02-15 | $16,330 | $0 | ARP | 39 | $366 | $0 | $0 |
| 2012 FORD EXPEDITION SUBSTANTIAL REPAIRS | 2023-01-23 | $3,324 | $0 | M | 5 | $665 | $0 | $0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| KIMBLE INVESTMENT LAND | $5,600 | $0 | $5,600 | $28,080 |
| SIDNEY BAKER OFFICE | $690,495 | $157,441 | $533,054 | $1,980,000 |
| DENTON QUADPLEX | $223,236 | $79,322 | $143,914 | $195,000 |
| SAN SABA INVESTMENT LAND | $34,280 | $0 | $34,280 | $39,630 |
| TAYLOR COUNTY INVESTMENT LAND | $3,521 | $0 | $3,521 | $894 |
| BURNET INVESTMENT LAND | $25,614 | $0 | $25,614 | $8,330 |
| EDEN CONCHO INV PROPERTY | $700 | $0 | $700 | $700 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES SP MIDCAP 400 GROWTH 125 SH | $12,844 | $14,255 |
| SCHWAB US LARGE CAP 187 SHARES | $14,438 | $15,514 |
| ISHARES SP SMLL CAP 600 ETF | $0 | $0 |
| VANGUARD HEALTH CARE 43 SHARES | $10,077 | $10,900 |
| ISHARES SP SMLL CAP GROWTH | $0 | $0 |
| VANGUARD TOTAL STOCK 51 SHARES | $10,093 | $12,241 |
| ISHARES RUSSELL MID CAP 141 SH | $13,346 | $14,729 |
| ISHARES SP 500 VALUE 81 SHARES | $12,760 | $14,085 |
| ISHARES RUSSELL 1000 | $0 | $0 |
| ISHARES RUSSELL 2000 54 SHARES | $12,552 | $13,620 |
| INVESCO NASDAQ 100 ETF | $0 | $0 |
| ISHARES SP MIDCAP 400 VALUE | $0 | $0 |
| OAKMARK EQUITY AND INCOME 1382 SHAR | $41,039 | $46,667 |
| BERKSHIRE HATHAWAY 68 SHARES | $20,168 | $24,253 |
| ISHARES RUSSELL 2000 92 SHARES | $12,755 | $14,290 |
| SCHWAB US DIVIDEND 147 SHARES | $10,352 | $11,202 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| EQUIPMENT | $13,639 | $8,589 | $5,050 | $2,000 |
| VEHICLES | $31,897 | $24,871 | $7,026 | $15,500 |
| STORAGE SHED | $7,681 | $353 | $7,328 | $6,500 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LPTV WESTERN MEDIA PARTNERS | $118,664 | $0 | $0 |
| PAYROLL | $4,113 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PPA Reclassed PR Advance to Wages | $10,142 |
| PPA LPTV WM LLC Interest abandoned | $118,664 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $12 | $0 | $0 | $6 |
| SMALL FURNITURE AND EQUIPMENT | $594 | $594 | $0 | $0 |
| DUES & SUBSCRIPTIONS | $4,619 | $0 | $0 | $2,310 |
| INSURANCE | $15,370 | $15,370 | $0 | $0 |
| OFFICE | $2,517 | $0 | $0 | $1,259 |
| UTILITIES | $3,856 | $3,856 | $0 | $0 |
| TELPHONE AND INTERNET | $4,109 | $4,109 | $0 | $1,000 |
| CANCER AWARENESS RADIO ADS | $48,000 | $0 | $0 | $48,000 |
| REPAIRS AND MAINT | $19,461 | $17,935 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| REFUNDS AND REIMB EXP | $1,123 | $0 | $0 |
| INTEREST ON NOTE REC | $3,548 | $3,548 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PPA Uncleared Transactions | $969 |
| PPA Uncleared Transactions | $833 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES | $0 | $3,528 |
| DUE TO CARRICO | $365 | $305 |
| SECURITY DEPOSIT | $375 | $375 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIMMY MCGEHEE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $68,000 | LoanOriginalAmt |
| Balance Due | $41,972 | BalanceDueAmt |
| Note | 2015-12 | NoteDt |
| Loan Maturity | 2022-12 | LoanMaturityDt |
| Repayment Terms | 63037 PER MONTH | RepaymentTermsTxt |
| Interest | 7.5 | InterestRt |
| Security Provided Borrower | DEED OF TRUST | SecurityProvidedBorrowerTxt |
| Loan Purpose | SELLER CARRIED NOTE ON SALE OF 5 ACRES KERR CO | LoanPurposeTxt |
| Consideration FMV | $60,073 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | $3,229 | $3,229 | $0 | $0 |
| PROPERTY MANAGEMENT FEES | $5,812 | $5,812 | $0 | $0 |
| APPRAISALS | $9,045 | $0 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | REAL ESTATE | CategoryTxt |
| Amt | $79,877 | Amt |
| Net Investment Income | $79,877 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |