FOSTER CHARITABLE FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: FOSTER CHARITABLE FOUNDATION INC (EIN 02-0653934)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202333199349105268
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
Accounting Fees Schedule
Depreciation Schedule
Investments Land Schedule2
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
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	2023-11-15T14:55:19-05:00	ReturnTs
Tax Period End	2022-12-31	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	2022-01-01	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	2023-11-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Jana	PersonFirstNm
Person Last	Smith	PersonLastNm

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Corey C Davis	PreparerPersonNm
PTIN	P01078294	PTIN
Phone	8302578800	PhoneNum
Preparation	2023-11-15	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL2	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

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	$2,449,311	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	$20	InterestOnSavRevAndExpnssAmt
Dividends Rev And Expnss	$2,449	DividendsRevAndExpnssAmt
Gross Rents Rev And Expnss	$100,527	GrossRentsRevAndExpnssAmt
Net Rental Income Or Loss	$31,180	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	-$115,942	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,089,203	GrossSalesPriceAmt
Other Income Rev And Expnss	$5,886	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	-$7,060	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$160,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$80,000	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$2,160	OthEmplSlrsWgsRevAndExpnssAmt
Pension Empl Bnft Rev And Expnss	$36,780	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl	$18,390	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$2,966	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$4,538	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,269	AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss	$10,603	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$10,603	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$46,084	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$46,084	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$26,608	DeprecAndDpltnRevAndExpnssAmt
Occupancy Rev And Expnss	$4,656	OccupancyRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$10,044	TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss	$112,976	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$40,000	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$417,415	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$58,956	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$138,390	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,125	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,125	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$418,540	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$58,956	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$139,515	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$425,600	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,435,243	CashBOYAmt
Cash EOY	$528,619	CashEOYAmt
Cash EOYFMV	$528,619	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$8,252	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$612,513	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$612,513	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY	$10,142	RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY	$10,142	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$10,142	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$45,988	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$49,884	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$45,988	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$45,988	OtherNtsAndLoansRcvblEOYFMVAmt
Invst Land Cost Or Other Basis	$967,116	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$214,432	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$610,263	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$752,684	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$938,292	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$194,402	OtherInvestmentsBOYAmt
Other Investments EOY	$166,090	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$166,480	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$49,893	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$27,710	LandBldgEquipAccumDeprecAmt
Land BOY	$258,469	LandBOYAmt
Land EOY	$22,183	LandEOYAmt
Land EOYFMV	$24,500	LandEOYFMVAmt
Other Assets BOY	$119,578	OtherAssetsBOYAmt
Other Assets EOY	$122,777	OtherAssetsEOYAmt
Other Assets EOYFMV	$122,777	OtherAssetsEOYFMVAmt
Total Assets BOY	$2,686,233	TotalAssetsBOYAmt
Total Assets EOY	$2,260,996	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,449,311	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$375	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$740	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$375	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$740	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$2,685,858	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$2,260,256	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,685,858	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,260,256	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,686,233	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,260,996	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,685,858	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$425,600	ExcessRevenueOverExpensesAmt
Subtotal	$2,260,258	SubtotalAmt
Other Decreases	$2	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,260,256	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
McCullogh County Real Estate	D	2010-06-30	2022-03-11	$16,000	$18,990	-$2,990	-$2,990
Burnet County Real Estate	D	2010-06-30	2022-02-16	$29,000	$119,328	-$90,328	-$90,328
Publicly Traded Securities				$959,265	$999,506	-$40,241	-$40,241
Publicly Traded Securities				$84,938	$67,321	$17,617	$17,617

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$115,942	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$40,241	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	Yes (true)	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 (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JANA S SMITH
2125 SIDNEY BAKER	KERRVILLE	TX	78028	PRESIDENT	40.00	$160,000	$21,676	$0
JOHN CHRISTOPHER DOYLE
2125 Sidney Baker	Kerrville	TX	78028	DIRECTOR	1.00	$0	$0	$0
DOUGLAS EDWIN WRIGHT MD
2125 Sidney Baker	Kerrville	TX	78028	DIRECTOR	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	$40,000	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	$190,789	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,029,269	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,407,069	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,627,127	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$2,627,127	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$39,407	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,587,720	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$129,386	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$129,386	MinimumInvestmentReturnAmt
Distributable Before Adj	$129,386	DistributableBeforeAdjAmt
Distributable Before Ded	$129,386	DistributableBeforeDedAmt
Distributable As Adjusted	$129,386	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$139,515	ExpensesAndContributionsAmt
Qualifying Distributions	$139,515	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$129,386	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$137,843	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$14,638	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$152,481	TotalExcessDistributionCyovAmt
Qualifying Distributions	$139,515	QualifyingDistributionsAmt
Applied To Current Year	$129,386	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$10,129	RemainingDistriFromCorpusAmt
Total Corpus	$162,610	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$162,610	ExcessDistriCyovToNextYrAmt
Excess From Year2	$137,843	ExcessFromYear2Amt
Excess From Year1	$14,638	ExcessFromYear1Amt
Excess From Current Year	$10,129	ExcessFromCurrentYearAmt

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	$625

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,125	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	$2,449	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$31,180	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$5,886	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$115,942	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	-$76,427	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$76,427	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	$4,538	Amt
Net Investment Income	$2,269	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (23 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	$10,566	ARP	39	$1,237	$0	$0
DENTON QUADPLEX REMODEL	2013-06-30	$14,689	$4,561	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	$58,902	ARR	27.5	$5,890	$0	$0
2125 SIDNEY BAKER BUILDING	2010-01-01	$374,046	$86,319	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	$20,456	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	$897	ARR	27.5	$119	$0	$0
TODDVILLE IMPROVEMENTS	2017-11-30	$8,301	$0	NDA		$0	$0	$0
2125 SIDNEY BAKER AC	2019-07-10	$5,080	$320	ARP	39	$130	$0	$0
2125 SIDNEY BAKER REMODEL	2019-12-06	$13,736	$1,946	SL	15	$916	$0	$0
2020 SIDNEY BAKER IMPROVEMENTS	2020-06-15	$7,228	$285	ARP	39	$185	$0	$0
COMPUTER EQUIPMENT	2021-11-23	$3,522	$176	M	5	$1,338	$0	$0
2021 SIDNEY BAKER FREEZE REMODEL	2021-04-15	$45,190	$821	ARP	39	$1,159	$0	$0
COMPUTER EQUIPMENT	2021-05-26	$4,817	$1,204	M	5	$1,445	$0	$0
2021 DENTON QUADPLEX REMODEL	2021-12-15	$25,283	$38	ARR	27.5	$919	$0	$0
MENARD STORAGE SHED	2022-03-11	$7,681	$0	ARP	39	$156	$0	$0
COMPUTER EQUIPMENT	2022-09-13	$5,300	$0	M	5	$1,060	$0	$0
SIDNEY BAKER REMODEL	2022-12-15	$50,135	$0	ARP	39	$54	$0	$0
SIDNEY BAKER APPRAISAL and SURVEY	2022-08-04	$7,946	$0	NDA		$0	$0	$0

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (8 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
KIMBLE INVESTMENT LAND	$5,600	$0	$5,600	$4,000
SIDNEY BAKER OFFICE	$674,165	$142,572	$531,593	$721,445
DENTON QUADPLEX	$223,236	$71,860	$151,376	$195,000
SAN SABA INVESTMENT LAND	$34,280	$0	$34,280	$7,500
TAYLOR COUNTY INVESTMENT LAND	$3,521	$0	$3,521	$937
BURNET INVESTMENT LAND	$25,614	$0	$25,614	$8,330
BRADY MCCULLOUGH INV LAND	$0	$0	$0	$0
EDEN CONCHO INV PROPERTY	$700	$0	$700	$1,080

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (9 entries)

Category Or ItemCategoryOrItemTxt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ISHARES SP MIDCAP 400 GROWTH	$27,078	$27,115
ISHARES SP SMLL CAP 600 ETF	$26,660	$26,297
ISHARES SP SMLL CAP GROWTH	$28,414	$27,450
ISHARES RUSSELL MID CAP	$0	$0
ISHARES TIPS BOND ETF	$0	$0
ISHARES RUSSELL 1000	$27,077	$30,178
INVESCO NASDAQ 100 ETF	$29,080	$27,821
ISHARES SP MIDCAP 400 VALUE	$27,781	$27,619
ISHARES RUSSELL 1000 123 shares	$0	$0

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
EQUIPMENT	$13,639	$5,223	$8,416	$2,000
VEHICLES	$28,573	$22,331	$6,242	$15,500
SIDNEY BAKER OFFICE OCCUPIED	$0	$0	$0	$0
STORAGE SHED	$7,681	$156	$7,525	$7,000

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$2,966	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DUE FROM CARRICO	$27	$0	$0
LPTV WESTERN MEDIA PARTNERS	$118,664	$118,664	$118,664
PAYROLL	$887	$4,113	$4,113

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	Rounding	Desc
Amt	$2	Amt

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	$107	$0	$0	$0
INSURANCE	$17,407	$0	$0	$0
DUES & SUBSCRIPTIONS	$4,782	$0	$0	$0
SECURITY	$2,500	$0	$0	$0
OFFICE	$14,899	$0	$0	$0
UTILITIES	$3,679	$0	$0	$0
TELPHONE AND INTERNET	$3,857	$0	$0	$0
CANCER AWARENESS RADIO ADS	$40,000	$0	$0	$40,000
REPAIRS AND MAINT	$25,745	$0	$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	$2,218	$0	$0
INTEREST ON NOTE REC	$3,668	$0	$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
PAYROLL LIABILITIES	$0	$0
DUE TO CARRICO	$0	$365
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	$45,988	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 (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISOR FEES	$3,895	$3,895	$0	$0
PROPERTY MANAGEMENT FEES	$6,708	$6,708	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	REAL ESTATE	CategoryTxt
Amt	$46,084	Amt
Net Investment Income	$46,084	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt