HOPE CENTER FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HOPE CENTER FOUNDATION (EIN 26-1590757)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-10
- IRS object ID
- 202333149349100928
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-10T09:25:13+00:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5605 N MacArthur Blvd Suite 210 | AddressLine1Txt |
| City | Irving | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75038 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261590757 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Hope Center Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOPE | BusinessNameControlTxt |
| Phone | 9722129191 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 W Plano Parkway 1700 | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mike Wiltz | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Signature | 2023-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Mike | PersonFirstNm |
| Person Last | Wiltz | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | 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 | Ted R Batson Jr | PreparerPersonNm |
| PTIN | P00721951 | PTIN |
| Phone | 5055022746 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $49,849,906 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $616,556 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,809 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,809 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $6,809 | InterestOnSavingsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $2,327,104 | GrossRentsRevAndExpnssAmt |
| Gross Rents Adj Net Incm | $2,327,104 | GrossRentsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $0 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $2,656 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $2,656 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,953,125 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,809 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,336,569 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $177,938 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $164,737 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,201 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $428,223 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $500 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $396,451 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $31,272 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $78,453 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $72,632 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,821 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $27,192 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $25,175 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $183,668 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $170,041 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $13,127 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $351,283 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $325,220 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $21,577 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $349,717 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $323,770 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $25,947 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $48,987 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $45,352 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $3,635 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,129,923 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,129,923 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $823,208 | OccupancyRevAndExpnssAmt |
| Occupancy Adj Net Incm | $762,131 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $36,364 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,003 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $3,706 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Rev And Expnss | $12,205 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Adj Net Incm | $11,299 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $604 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $264,488 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $244,865 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $26,529 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,879,288 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,000 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,675,302 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $177,077 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $23,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $23,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,902,288 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,000 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,675,302 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $200,077 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$949,163 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,809 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,700 | CashBOYAmt |
| Cash EOY | $2,800 | CashEOYAmt |
| Cash EOYFMV | $2,800 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,539,218 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,206,707 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,206,707 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $9,129 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,134 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $9,129 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,129 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl | $9,272,791 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $10,728,113 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $9,272,791 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $9,272,791 | PledgesRcvblEOYFMVAmt |
| Grants Receivable BOY | $159,648 | GrantsReceivableBOYAmt |
| Grants Receivable EOY | $159,648 | GrantsReceivableEOYAmt |
| Grants Receivable EOYFMV | $159,648 | GrantsReceivableEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $30,825 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $37,147 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $37,147 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $51,162,714 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,020,922 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $38,122,971 | LandBOYAmt |
| Land EOY | $37,141,792 | LandEOYAmt |
| Land EOYFMV | $37,141,792 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $19,892 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $19,892 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $50,591,609 | TotalAssetsBOYAmt |
| Total Assets EOY | $49,849,906 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $49,849,906 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $103,590 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $274,811 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $160,271 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $176,626 | DeferredRevenueEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $11,057,266 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $11,057,266 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $250,149 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $270,033 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $11,571,276 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,778,736 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $28,284,769 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $27,343,059 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $10,735,564 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $10,728,111 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $39,020,333 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,071,170 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $50,591,609 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $49,849,906 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $39,020,333 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$949,163 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,071,170 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,071,170 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $0 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $67 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $67 | SubtotalAmt |
| Tax Based On Investment Income | $67 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $67 | TaxDueAmt |
| Refund | $0 | 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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | HI | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MS | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NH | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | SC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | UT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WV | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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.thehopecenter.org | WebsiteAddressTxt |
| Individual With Books | Mike Wiltz | IndividualWithBooksNm |
| Phone | 9722129191 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 W Plano Pkwy Suite 1700 | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75075 | 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 (14 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| Mike Wiltz | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | President & CEO, Director | 40.000 | $156,498 | $21,440 | $0 |
| June Hunt | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Board Chair, Director | 1.000 | $0 | $0 | $0 |
| Greg Burns | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Vice Chair, Director | 1.000 | $0 | $0 | $0 |
| Della Bryant | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Nick Pitts | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Kathy Koons | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Mike Carroll | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Mark Doran | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Troy Jackson | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Timothy L Owens | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Greg England | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Dee Holley | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Jeff Lamb | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
| Glenn Story | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Director | 1.000 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|---|
| Kelly A Dixon | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | COO | 40.000 | $137,582 | $28,478 | $0 |
| Cynthia Obregon | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Operations Assistant | 40.000 | $59,734 | $12,234 | $0 |
| April L Chastain | |||||||||
| 2001 W Plano Parkway | Ste 1000 | Plano | TX | 75075 | Op & Events Manager | 40.000 | $43,206 | $7,400 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Starlight Cleaning Services | ||||||
| PO Box 224731 | Dallas | TX | 75222 | Facility cleaning | $197,710 | |
| SST Accountants & Consultants | ||||||
| 12720 Hillcrest Ave | Dallas | TX | 75230 | Accounting, HR, CFO and consulting services | $197,480 | Suite 500 |
| Integris formerly ICONIC IT | ||||||
| 2350 Airport Freeway | Bedford | TX | 76001 | Technology services | $141,480 | Suite 300 |
| Spice Concessions | ||||||
| 1055 Trend Drive | Addison | TX | 75006 | The Hope Center Cafe | $135,393 | Suite 103 |
| Allied Universal Security Services | ||||||
| 161 Washington Street | Conshohocken | PA | 19428 | Security | $118,540 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 6 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Acceleration - The Hope Center accelerates the impact of Christian nonprofits by making costs minimal, training accessible, and collaboration possible - all in a state-of-the-art facility. By resourcing Christian nonprofits to reach their full potential, more people in more places are being transformed by the hope of the gospel. The Hope Center is a 185,000-square-foot facility and is the office home to over 50 Christian ministries that serve over 120 cities in Texas and almost every country in the world. | Description1Txt |
| Expenses1 | $3,238,485 | Expenses1Amt |
| Description2 | Education - The Hope Center intentionally invests in educational opportunities to support tenants in their work. It strives to offer solutions for common problems nonprofits face through regular programmatic workshops and training initiatives. This includes providing practical tools and resources to speak to the highest felt needs of nonprofits, such as donor development, marketing, digital strategies, etc. | Description2Txt |
| Expenses2 | $97,452 | Expenses2Amt |
| Description3 | Efficiency - The Hope Center provides efficiency to its tenants by minimizing the burden of rent, providing on-site services and spaces, and facilitating strategic partnerships. It helps nonprofits reach their highest level of impact by using the least amount of resources possible. Through state-of-the-art facilities, The Hope Center can give access to meeting and event spaces, recording studios, IT support and technology infrastructure, shipping services, food services, and more - all with the goal of reducing the burden of costs that nonprofits would otherwise have to carry on their own. The result is more time and money to focus on their impact and extend their ministry's reach. | Description3Txt |
| Expenses3 | $57,250 | Expenses3Amt |
| Description4 | Environment - The Hope Center is passionate about creating space for strategic collaboration. It is a community of uncommon partnerships, shared resources, and countless stories of hope. It is more than just a workspace; it is a culture of generosity, celebration, and faith. The Hope Center prioritizes relationships and meaningful connections because it is empowered by the idea that we are better together. The Hope Center is committed to a cultural environment based on biblical values and a mission to bring the message of hope in Jesus to every corner of the world. It is an environment of prayer, gathered worship, shared resources, solutions, uncommon partnerships, and stories with incredible outcomes. | Description4Txt |
| Expenses4 | $57,250 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,657,218 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,657,218 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,657,218 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $24,858 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,632,360 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $81,618 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $200,077 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $200,077 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2008-05-29 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $200,077 | CurrentYearAmt |
| Year1 | $314,913 | Year1Amt |
| Year2 | $248,092 | Year2Amt |
| Year3 | $2,739,782 | Year3Amt |
| Total | $3,502,864 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $200,077 | CurrentYearAmt |
| Year1 | $314,913 | Year1Amt |
| Year2 | $248,092 | Year2Amt |
| Year3 | $2,739,782 | Year3Amt |
| Total | $3,502,864 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $49,849,906 | CurrentYearAmt |
| Year1 | $50,591,609 | Year1Amt |
| Year2 | $51,876,344 | Year2Amt |
| Year3 | $53,369,756 | Year3Amt |
| Total | $205,687,615 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $37,141,792 | CurrentYearAmt |
| Year1 | $38,122,971 | Year1Amt |
| Year2 | $38,901,843 | Year2Amt |
| Year3 | $39,948,776 | Year3Amt |
| Total | $154,115,382 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | June Hunt Board Chair | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| E3 | ||||||
| 2001 W Plano Parkway Suite 2600 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Joni and Friends | ||||||
| 2001 W Plano Parkway Suite 2060 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Orphan Outreach | ||||||
| 2001 W Plano Parkway Suite 3700 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Serving Him | ||||||
| 2001 W Plano Parkway Suite 1213 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Strategic Angel Care | ||||||
| 2001 W Plano Parkway Suite 3420 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Unto | ||||||
| 2001 W Plano Parkway Suite 2200 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Association of Christian Schools | ||||||
| 2001 W Plano Parkway Suite 2300 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Campus Crusade | ||||||
| 2001 W Plano Parkway Suite 2400 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Child Evangelism Fellowship | ||||||
| 2001 W Plano Parkway Suite 3452 | Plano | TX | 75075 | PC | Hope for Eastern Europe | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $18,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Good Call Ministries | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3905 State Street 7277 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 931053138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Hope for Eastern Europe | GrantOrContributionPurposeTxt |
| Amt | $5,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $5,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,809 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $2,327,104 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Bookstore service fee income | $695 |
| Miscellaneous income | $1,961 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,333,913 | ExclusionAmt |
| Related Or Exempt Function Incm | $2,656 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,336,569 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11a | Other income related to carrying out the organization's exempt purpose |
| 11b | Other income related to carrying out the organization's exempt purpose |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (16 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| June Hunt | ||||||
| 1 | 6925 Edelweiss Cir | Dallas | TX | 752405401 | $340,000 | Yes (X) |
| National Christian Foundation | ||||||
| 2 | 11625 Rainwater Drive Suite 500 | Alpharetta | GA | 30009 | $58,500 | Yes (X) |
| Greg Burns | ||||||
| 3 | 15358 Forest Haven Ln | Frisco | TX | 750356888 | $28,500 | Yes (X) |
| Atmos Energy Corporation | ||||||
| 4 | PO Box 650205 | Dallas | TX | 752650205 | $25,000 | Yes (X) |
| Jerry Wilson | ||||||
| 5 | 9962 Rockbrook Dr | Dallas | TX | 752202043 | $25,000 | Yes (X) |
| Patriot Mobile | ||||||
| 6 | 1111 S Main St Ste 101 | Grapevine | TX | 760515500 | $13,000 | Yes (X) |
| Jonathan Frank | ||||||
| 7 | 6614 Brookshire Drive | Dallas | TX | 752304126 | $10,000 | Yes (X) |
| WaterStone | ||||||
| 8 | 10807 New Allegiance Dr Suite 240 | Colorado Springs | CO | 809213803 | $10,000 | Yes (X) |
| CM Sizemore | ||||||
| 9 | 1510 Coventry Ct | Coppell | TX | 750193792 | $7,500 | Yes (X) |
| Veritex Community Bank | ||||||
| 10 | 8214 Westchester Dr Suite 600 | Dallas | TX | 752256112 | $7,500 | Yes (X) |
| John Rogers | ||||||
| 11 | 1214 Creekwood Dr | Garland | TX | 75044 | $5,150 | Yes (X) |
| HEB | ||||||
| 12 | PO Box 839944 | San Antonio | TX | 782833944 | $5,000 | Yes (X) |
| Jeff Lamb | ||||||
| 13 | 1204 Bridle Bit Rd | Bartonville | TX | 750226593 | $5,000 | Yes (X) |
| Mark Schupbach | ||||||
| 14 | 6350 Memorial Dr | Frisco | TX | 750347268 | $5,000 | Yes (X) |
| Schwab Charitable | ||||||
| 15 | 211 Main St | San Francisco | CA | 941051905 | $5,000 | Yes (X) |
| Tim Spiars | ||||||
| 16 | 3101 Robert Dr | Richardson | TX | 750823773 | $5,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $183,668 | Amt |
| Net Investment Income | $500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $170,041 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $13,127 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (36 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|
| Building & Improvements | $9,853 | $2,168 | Straight Line | 40.0 | $252 | $252 |
| Building & Improvements | $88,235 | $11,213 | Straight Line | 40.0 | $2,206 | $2,206 |
| Building & Improvements | $157,263 | $12,122 | Straight Line | 40.0 | $3,932 | $3,932 |
| Building & Improvements | $848,427 | $261,055 | Straight Line | 45.0 | $18,647 | $18,647 |
| Building & Improvements | $40,974,428 | $10,721,646 | Straight Line | 50.0 | $819,489 | $819,489 |
| Building & Improvements | $138,754 | $35,669 | Straight Line | 50.0 | $2,775 | $2,775 |
| Building & Improvements | $97,250 | $21,763 | Straight Line | 50.0 | $1,945 | $1,945 |
| Building & Improvements | $25,693 | $5,517 | Straight Line | 50.0 | $514 | $514 |
| Building & Improvements | $41,615 | $7,876 | Straight Line | 50.0 | $832 | $832 |
| Building & Improvements | $333,255 | $58,600 | Straight Line | 50.0 | $6,665 | $6,665 |
| Building & Improvements | $2,306 | $323 | Straight Line | 50.0 | $46 | $46 |
| Building & Improvements | $1,058,546 | $125,261 | Straight Line | 50.0 | $21,171 | $21,171 |
| Building & Improvements | $350,975 | $30,695 | Straight Line | 50.0 | $7,019 | $7,019 |
| Building & Improvements | $217,600 | $14,196 | Straight Line | 50.0 | $4,352 | $4,352 |
| Equipment | $25,232 | $22,078 | Straight Line | 10.0 | $2,523 | $2,523 |
| Equipment | $9,769 | $6,920 | Straight Line | 10.0 | $977 | $977 |
| Equipment | $2,425 | $1,617 | Straight Line | 10.0 | $242 | $242 |
| Equipment | $26,300 | $15,561 | Straight Line | 10.0 | $2,630 | $2,630 |
| Equipment | $6,010 | $2,454 | Straight Line | 10.0 | $601 | $601 |
| Equipment | $11,258 | $4,222 | Straight Line | 10.0 | $1,126 | $1,126 |
| Equipment | $16,398 | $4,783 | Straight Line | 10.0 | $1,640 | $1,640 |
| Equipment | $151,122 | $151,122 | Straight Line | 5.0 | $17,638 | $17,638 |
| Equipment | $216,422 | $183,307 | Straight Line | 5.0 | $43,284 | $43,284 |
| Equipment | $370,108 | $243,606 | Straight Line | 5.0 | $74,022 | $74,022 |
| Equipment | $18,088 | $8,320 | Straight Line | 5.0 | $3,618 | $3,618 |
| Equipment | $321,730 | $92,914 | Straight Line | 5.0 | $64,346 | $64,346 |
| Equipment | $82,715 | $8,805 | Straight Line | 5.0 | $8,805 | $8,805 |
| Furniture | $4,130 | $3,884 | Straight Line | 14.0 | $295 | $295 |
| Furniture | $9,000 | $4,938 | Straight Line | 24.0 | $375 | $375 |
| Landscaping Improvements | $273,698 | $179,044 | Straight Line | 20.0 | $13,685 | $13,685 |
| Landscaping Improvements | $3,500 | $2,254 | Straight Line | 20.0 | $175 | $175 |
| Landscaping Improvements | $14,001 | $7,934 | Straight Line | 20.0 | $700 | $700 |
| Landscaping Improvements | $1,250 | $672 | Straight Line | 20.0 | $63 | $63 |
| Landscaping Improvements | $4,191 | $2,042 | Straight Line | 20.0 | $210 | $210 |
| Landscaping Improvements | $56,956 | $10,679 | Straight Line | 20.0 | $2,848 | $2,848 |
| Landscaping Improvements | $66,005 | $275 | Straight Line | 20.0 | $275 | $275 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Land | $3,286,550 | $0 | $3,286,550 | $3,286,550 |
| Buildings and equipment | $47,876,164 | $14,020,922 | $33,855,242 | $33,855,242 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $27,192 | LegalFeesAmt |
| Adjusted Net Income | $25,175 | AdjustedNetIncomeAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $11,057,266 | MortgageAmt |
Note Payable NotePayableGrp
Lender Name LenderNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Northern Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | N/A | TitleTxt |
| Insider Relationship | N/A | InsiderRelationshipTxt |
| Loan Original | $44,000,000 | LoanOriginalAmt |
| Balance Due | $11,057,266 | BalanceDueAmt |
| Note | 2008-10 | NoteDt |
| Loan Maturity | 2026-12 | LoanMaturityDt |
| Repayment Terms | Monthly interest only, due in full upon maturity | RepaymentTermsTxt |
| Interest | 5.45 | InterestRt |
| Security Provided Borrower | Deed of trust & board chair emeritus' personal guarantee | SecurityProvidedBorrowerTxt |
| Loan Purpose | Construction loan | LoanPurposeTxt |
| Lender Consideration | Cash - $44,000,000 | LenderConsiderationDesc |
| Consideration FMV | $44,000,000 | ConsiderationFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Operating lease - right-of-use asset | Desc |
| EOY Book Value | $19,892 | EOYBookValueAmt |
| EOYFMV | $19,892 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Miscellaneous | $59,622 | $55,198 | $2,389 |
| Promotional & marketing | $58,779 | $54,418 | $4,361 |
| IT expenses | $14,508 | $13,432 | $1,162 |
| Event expenses | $44,039 | $40,772 | $18,617 |
| Cafe operations | $87,540 | $81,045 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| Bookstore service fee income | $695 | $695 |
| Miscellaneous income | $1,961 | $1,961 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deposits | $250,149 | $250,576 |
| Operating lease obligation | $19,457 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Professional fees - other | CategoryTxt |
| Amt | $351,283 | Amt |
| Adjusted Net Income | $325,220 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $21,577 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Veritex Community Bank | |||
| 8214 Westchester Dr STE 600 | Dallas | TX | 752256112 |
| John Rogers | |||
| 1214 Creekwood Dr | Garland | TX | 75044 |
| HEB | |||
| PO Box 839944 | San Antonio | TX | 782833944 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Payroll taxes | CategoryTxt |
| Amt | $48,987 | Amt |
| Adjusted Net Income | $45,352 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,635 | DisbursementsCharitablePrpsAmt |