WAYMARK FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WAYMARK FOUNDATION (EIN 47-7150256)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202123169349100147
- Schema version
- 2020v4.1
- 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
- General Explanation Attachment
- Investments Land Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T08:51:44-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 477150256 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Waymark Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | WAYM | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES ROYAL | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | ROYAL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $81,421,503 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $21,952 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $21,952 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $155,195 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $155,195 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $52,354 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $52,354 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $52,354 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$931,381 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,787,556 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $54,244 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $54,244 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$647,636 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $283,745 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $48,341 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $48,341 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $350 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $13,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $685,318 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $685,318 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $13,551 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,551 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $789 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,590 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,590 | TravConfMeetingNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $167,339 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $42,883 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $123,027 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $931,278 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $793,033 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $136,027 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $931,278 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $793,033 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $136,027 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,578,914 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,238,542 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,803,782 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,803,782 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $15,110 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,410 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $15,110 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $15,110 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $4,725,774 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $7,582,386 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $3,140,038 | CorporateBondsBOYAmt |
| Invst Land Cost Or Other Basis | $91,675,931 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $8,831 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $91,322,985 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $91,667,100 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $65,587,575 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,944 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,367 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,366 | LandBOYAmt |
| Land EOY | $1,577 | LandEOYAmt |
| Land EOYFMV | $1,577 | LandEOYFMVAmt |
| Other Assets BOY | $15,035 | OtherAssetsBOYAmt |
| Other Assets EOY | $13,459 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,459 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $109,028,536 | TotalAssetsBOYAmt |
| Total Assets EOY | $107,501,028 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $81,421,503 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $949 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $41,883 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $94,238 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $42,832 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $94,238 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $108,985,704 | RetainedEarningBOYAmt |
| Retained Earning EOY | $107,406,790 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $108,985,704 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $107,406,790 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $109,028,536 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $107,501,028 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $108,985,704 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,578,914 | ExcessRevenueOverExpensesAmt |
| Subtotal | $107,406,790 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $107,406,790 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $15,787,556 | GrossSalesPriceAmt |
| Cost Or Other Basis | $16,718,937 | CostOrOtherBasisAmt |
| Gain Or Loss | -$931,381 | GainOrLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$931,381 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $10,000 | OverpaymentAmt |
| Applied To ES Tax | $10,000 | AppliedToESTaxAmt |
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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | SC | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19809 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Charles D Royal | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec, Treas, Trustee | 38.0 | $0 | $0 | $0 |
| Michael F Royal | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Chair, Trustee | 2.0 | $0 | $0 | $0 |
| Susannah R Whelan | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee, Vice Chairman | 2.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Pareto Asset Management | |||||
| 1941 Savage Rd Ste 100A PMB 615 | CHARLESTON | SC | 29407 | Investment Mgmt | $526,011 |
| Dunaway Associates LP | |||||
| 550 Baily Ave Ste 400 | FORT WORTH | TX | 76107 | Consulting Svcs | $138,127 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $123,027 |
| US Trust | |||||
| PO Box 830269 | DALLAS | TX | 75283 | Investment Mgmt | $64,943 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,942,211 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,393,750 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $65,587,575 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $81,923,536 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $81,923,536 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,228,853 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $80,694,683 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,034,734 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,034,734 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $4,034,734 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,034,734 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,034,734 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $136,027 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $136,027 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $136,027 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,034,734 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $7,439,149 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,306,904 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $478,739 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $575,768 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,800,560 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $136,027 | QualifyingDistributionsAmt |
| Applied To Current Year | $136,027 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $3,898,707 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $3,898,707 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,901,853 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $5,901,853 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,540,442 | ExcessFromYear4Amt |
| Excess From Year3 | $1,306,904 | ExcessFromYear3Amt |
| Excess From Year2 | $478,739 | ExcessFromYear2Amt |
| Excess From Year1 | $575,768 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,952 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $155,195 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $52,354 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$931,381 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| NET HUNTING INCOME | 01 | $33,722 |
| NET OIL & GAS INCOME | 01 | $7,239 |
| NET FOREIGN TAX REFUND | 01 | $83 |
| TEMPORARY EASEMENT INCOME | 01 | $13,200 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$647,636 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$647,636 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BOOKKEEPING & CONSULTATIONS | $8,450 | $350 | $8,100 |
| TAX RETURN PREPARATION/REVIEW | $4,900 | $4,900 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (65 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Adjusted Net IncomeAdjustedNetIncomeAmt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXT | 2011-07-05 | $8,831 | $8,831 | SL | 7 | $0 | |
| PID 001.0 - LAND - | 2011-03-06 | $5,576,992 | L | $0 | |||
| PID 002.0 - LAND - | 2011-03-06 | $372,300 | L | $0 | |||
| PID 004.0 - LAND - | 2011-03-06 | $1,442,549 | L | $0 | |||
| PID 005.0 - LAND - | 2011-03-06 | $282,962 | L | $0 | |||
| PID 006.0 - LAND - | 2011-03-06 | $59,000 | L | $0 | |||
| PID 007.0 - MOBILE | 2011-03-06 | $2,480 | L | $0 | |||
| PID 008.0 - LAND - | 2011-03-06 | $489,519 | L | $0 | |||
| PID 009.0 - LAND - | 2011-03-06 | $55,140 | L | $0 | |||
| PID 017.0 - LAND - | 2011-03-06 | $83,979 | L | $0 | |||
| PID 018.0 - LAND - | 2011-03-06 | $206,460 | L | $0 | |||
| PID 018.5 - LAND - | 2011-03-06 | $403,480 | L | $0 | |||
| PID 019.0 - LAND - | 2011-03-06 | $1,384,278 | L | $0 | |||
| PID 020.0 - LAND - | 2011-03-06 | $684,108 | L | $0 | |||
| PID 021.0 - LAND - | 2011-03-06 | $841,106 | L | $0 | |||
| PID 022.0 - LAND - | 2011-03-06 | $69,712 | L | $0 | |||
| PID 023.0 - LAND - | 2011-03-06 | $20,458 | L | $0 | |||
| PID 024.0 - LAND - | 2011-03-06 | $20,200 | L | $0 | |||
| PID 028.0 - LAND - | 2011-03-06 | $769,249 | L | $0 | |||
| PID 032.0 - LAND - | 2011-03-06 | $601,631 | L | $0 | |||
| PID 033.0 - LAND - | 2011-03-06 | $691,631 | L | $0 | |||
| PID 034.0 - LAND - | 2011-03-06 | $124,500 | L | $0 | |||
| PID 034.1 - BUILDI | 2011-03-06 | $290,500 | L | $0 | |||
| PID 035.0 - LAND - | 2011-03-06 | $123,000 | L | $0 | |||
| PID 035.1 - BUILDI | 2011-03-06 | $287,000 | L | $0 | |||
| PID 039.0 - LAND - | 2011-03-06 | $3,668,004 | L | $0 | |||
| PID 040.0 - LAND - | 2011-03-06 | $800,831 | L | $0 | |||
| PID 055.0 - LAND - | 2011-03-06 | $961,081 | L | $0 | |||
| PID 056.0 - LAND - | 2011-03-06 | $54,000 | L | $0 | |||
| PID 057.0 - LAND - | 2011-03-06 | $3,483,074 | L | $0 | |||
| PID 059.0 - LAND - | 2011-03-06 | $2,124,026 | L | $0 | |||
| PID 061.0 - LAND - | 2011-03-06 | $42,199 | L | $0 | |||
| PID 065.0 - LAND - | 2011-03-06 | $121,754 | L | $0 | |||
| PID 066.0 - LAND - | 2011-03-06 | $779,097 | L | $0 | |||
| PID 067.0 - LAND - | 2011-03-06 | $76,046 | L | $0 | |||
| PID 068.0 - LAND - | 2011-03-06 | $86,020 | L | $0 | |||
| PID 069.0 - LAND - | 2011-03-06 | $28,000 | L | $0 | |||
| PID 070.0 - LAND - | 2011-03-06 | $35,475,406 | L | $0 | |||
| PID 070.1 - LAND - | 2011-03-06 | $955,166 | L | $0 | |||
| PID 070.2 - LAND - | 2011-03-06 | $434,453 | L | $0 | |||
| PID 071.0 - LAND - | 2011-03-06 | $6,573,501 | L | $0 | |||
| PID 072.0 - LAND - | 2011-03-06 | $3,736,513 | L | $0 | |||
| PID 073.0 - LAND - | 2011-03-06 | $12,515,103 | L | $0 | |||
| PID 090.0 - LAND - | 2011-03-06 | $805,741 | L | $0 | |||
| PID 091.0 - LAND - | 2011-03-06 | $470,800 | L | $0 | |||
| PID 092.0 - LAND - | 2011-03-06 | $470,800 | L | $0 | |||
| PID 093.0 - LAND - | 2011-03-06 | $552,077 | L | $0 | |||
| PID 094.0 - LAND - | 2011-03-06 | $520,052 | L | $0 | |||
| PID 095.0 - LAND - | 2011-03-06 | $584,562 | L | $0 | |||
| PID 096.0 - LAND - | 2011-03-06 | $584,562 | L | $0 | |||
| PID 098.0 - LAND - | 2011-03-06 | $19,200 | L | $0 | |||
| PID 099.0 - LAND - | 2011-03-06 | $17,250 | L | $0 | |||
| SURFACEBOOK 2 | 2017-12-21 | $3,944 | $1,578 | SL | 5 | $789 | |
| PID 102.1-MINERAL | 2011-03-06 | $10,900 | L | $0 | |||
| PID 102.2-MINERAL | 2011-03-06 | $39,100 | L | $0 | |||
| CARRYING COSTS '18 | 2018-12-31 | $224,169 | L | $0 | |||
| CARRYING COSTS '19 | 2019-12-31 | $227,264 | L | $0 | |||
| CARRYING COSTS '20 | 2020-12-31 | $205,601 | L | $0 | |||
| PID 70.0 - LAND | 2020-12-31 | $102,233 | L | $0 | |||
| PID 70.1 - LAND | 2020-12-31 | $2,709 | L | $0 | |||
| PID 70.2 - LAND | 2020-12-31 | $1,722 | L | $0 | |||
| PID 71.0 - LAND | 2020-12-31 | $20,305 | L | $0 | |||
| PID 72.0 - LAND | 2020-12-31 | $1,087 | L | $0 | |||
| PID 73.0 - LAND | 2020-12-31 | $3,658 | L | $0 | |||
| PID 98.0 - LAND | 2020-12-31 | $6,800 | L | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Capitalize Carrying Charges Election | IdentifierTxt |
| Form And Line Reference | Capitalize Carrying Charges Election | FormAndLineReferenceDesc |
| Medium Explanation | Under IRC section 266 and Regulation 1.266-1(b)(1), the taxpayer elects to capitalize the following interest, taxes and other carrying charges incurred during the tax year. Total $205,600.55 Expense number: 1 Description of Expense: Ocean Palms - Lot 1, PID 91, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 2 Description of Expense: Ocean Palms - Lot 2, PID 92, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 3 Description of Expense: Ocean Palms - Lot 3, PID 93, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 4 Description of Expense: Ocean Palms - Lot 4, PID 94, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 5 Description of Expense: Ocean Palms - Lot 5, PID 95, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 6 Description of Expense: Ocean Palms - Lot 6, PID 96, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 7 Description of Expense: Ocean Palms - Lot 7, PID 28, HOA Dues Date Paid/Incurred: Various Amount Paid: $7,714.00 Expense number: 8 Description of Expense: Ocean Palms - Lot 1, PID 91, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $10,582.53 Expense number: 9 Description of Expense: Ocean Palms - Lot 2, PID 92, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $10,582.53 Expense number: 10 Description of Expense: Ocean Palms - Lot 3, PID 93, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $13,234.11 Expense number: 11 Description of Expense: Ocean Palms - Lot 4, PID 94, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $13,606.11 Expense number: 12 Description of Expense: Ocean Palms - Lot 5, PID 95, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $16,101.72 Expense number: 13 Description of Expense: Ocean Palms - Lot 6, PID 96, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $16,101.72 Expense number: 14 Description of Expense: Ocean Palms - Lot 7, PID 28, 2019 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $20,376.30 Expense number: 15 Description of Expense: Ocean Palms, Phase III, West, PID 32, HOA Dues Date Paid/Incurred: Various Amount Paid: $349.34 Expense number: 16 Description of Expense: Ocean Palms, Phase III, West, PID 32, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $1,643.25 Expense number: 17 Description of Expense: Ocean Palms, Phase III, East, PID 33, HOA Dues Date Paid/Incurred: Various Amount Paid: $406.69 Expense number: 18 Description of Expense: Ocean Palms, Phase III, East, PID 33, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $1,643.25 Expense number: 19 Description of Expense: Montmorenci-Big, PID 1, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $3,335.80 Expense number: 20 Description of Expense: Chafee Springs, PID 5, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $1,978.24 Expense number: 21 Description of Expense: Augusta-Big, PID 19, 2020 Property Taxes Paid Date Paid/Incurred: 9/10/2020 Amount Paid: $10,697.27 Expense number: 22 Description of Expense: Augusta-School, PID 20, 2020 Property Taxes Paid Date Paid/Incurred: 9/10/2020 Amount Paid: $4,983.23 Expense number: 23 Description of Expense: Tobacco Road, PID 21, 2020 Property Taxes Paid Date Paid/Incurred: 9/10/2020 Amount Paid: $2,072.34 Expense number: 24 Description of Expense: Augusta-Morgan Road, PID 22, 2020 Property Taxes Paid Date Paid/Incurred: 9/10/2020 Amount Paid: $679.76 Expense number: 25 Description of Expense: August-North of School, PID 23, 2020 Property Taxes Paid Date Paid/Incurred: 9/10/2020 Amount Paid: $629.27 Expense number: 26 Description of Expense: Perry-Big, PID 57, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $1,621.80 Expense number: 27 Description of Expense: Hampton-Big, PID 59, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $1,851.56 Expense number: 28 Description of Expense: Sylvania, PID 65, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $681.97 Expense number: 29 Description of Expense: East Side Orphan, PID 70.1, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $8,041.93 Expense number: 30 Description of Expense: West Side Orphan, PID 70.2, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $6,393.89 Expense number: 31 Description of Expense: Rocky Ford-Big, PID 66, 2020 Property Taxes Paid Date Paid/Incurred: 12/11/2020 Amount Paid: $3,249.24 Expense number: 32 Description of Expense: NE Ft Worth, PID 70, 2020 Property Taxes Paid Date Paid/Incurred: 12/10/2020 Amount Paid: $758.70 | MediumExplanationTxt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (64 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|---|
| FURNITURE AND FIXT | $8,831 | $8,831 | $8,831 | |
| PID 001.0 - LAND - | $5,576,992 | $5,576,992 | $5,576,992 | |
| PID 002.0 - LAND - | $372,300 | $372,300 | $372,300 | |
| PID 004.0 - LAND - | $1,442,549 | $1,442,549 | $1,442,549 | |
| PID 005.0 - LAND - | $282,962 | $282,962 | $282,962 | |
| PID 006.0 - LAND - | $59,000 | $59,000 | $59,000 | |
| PID 007.0 - MOBILE | $2,480 | $2,480 | $2,480 | |
| PID 008.0 - LAND - | $489,519 | $489,519 | $489,519 | |
| PID 009.0 - LAND - | $55,140 | $55,140 | $55,140 | |
| PID 017.0 - LAND - | $83,979 | $83,979 | $83,979 | |
| PID 018.0 - LAND - | $206,460 | $206,460 | $206,460 | |
| PID 018.5 - LAND - | $403,480 | $403,480 | $403,480 | |
| PID 019.0 - LAND - | $1,384,278 | $1,384,278 | $1,384,278 | |
| PID 020.0 - LAND - | $684,108 | $684,108 | $684,108 | |
| PID 021.0 - LAND - | $841,106 | $841,106 | $841,106 | |
| PID 022.0 - LAND - | $69,712 | $69,712 | $69,712 | |
| PID 023.0 - LAND - | $20,458 | $20,458 | $20,458 | |
| PID 024.0 - LAND - | $20,200 | $20,200 | $20,200 | |
| PID 028.0 - LAND - | $769,249 | $769,249 | $769,249 | |
| PID 032.0 - LAND - | $601,631 | $601,631 | $601,631 | |
| PID 033.0 - LAND - | $691,631 | $691,631 | $691,631 | |
| PID 034.0 - LAND - | $124,500 | $124,500 | $124,500 | |
| PID 034.1 - BUILDI | $290,500 | $290,500 | $290,500 | |
| PID 035.0 - LAND - | $123,000 | $123,000 | $123,000 | |
| PID 035.1 - BUILDI | $287,000 | $287,000 | $287,000 | |
| PID 039.0 - LAND - | $3,668,004 | $3,668,004 | $3,668,004 | |
| PID 040.0 - LAND - | $800,831 | $800,831 | $800,831 | |
| PID 055.0 - LAND - | $961,081 | $961,081 | $961,081 | |
| PID 056.0 - LAND - | $54,000 | $54,000 | $54,000 | |
| PID 057.0 - LAND - | $3,483,074 | $3,483,074 | $3,483,074 | |
| PID 059.0 - LAND - | $2,124,026 | $2,124,026 | $2,124,026 | |
| PID 061.0 - LAND - | $42,199 | $42,199 | $42,199 | |
| PID 065.0 - LAND - | $121,754 | $121,754 | $121,754 | |
| PID 066.0 - LAND - | $779,097 | $779,097 | $779,097 | |
| PID 067.0 - LAND - | $76,046 | $76,046 | $76,046 | |
| PID 068.0 - LAND - | $86,020 | $86,020 | $86,020 | |
| PID 069.0 - LAND - | $28,000 | $28,000 | $28,000 | |
| PID 070.0 - LAND - | $35,475,406 | $35,475,406 | $35,475,406 | |
| PID 070.1 - LAND - | $955,166 | $955,166 | $955,166 | |
| PID 070.2 - LAND - | $434,453 | $434,453 | $434,453 | |
| PID 071.0 - LAND - | $6,573,501 | $6,573,501 | $6,573,501 | |
| PID 072.0 - LAND - | $3,736,513 | $3,736,513 | $3,736,513 | |
| PID 073.0 - LAND - | $12,515,103 | $12,515,103 | $12,515,103 | |
| PID 090.0 - LAND - | $805,741 | $805,741 | $805,741 | |
| PID 091.0 - LAND - | $470,800 | $470,800 | $470,800 | |
| PID 092.0 - LAND - | $470,800 | $470,800 | $470,800 | |
| PID 093.0 - LAND - | $552,077 | $552,077 | $552,077 | |
| PID 094.0 - LAND - | $520,052 | $520,052 | $520,052 | |
| PID 095.0 - LAND - | $584,562 | $584,562 | $584,562 | |
| PID 096.0 - LAND - | $584,562 | $584,562 | $584,562 | |
| PID 098.0 - LAND - | $19,200 | $19,200 | $19,200 | |
| PID 099.0 - LAND - | $17,250 | $17,250 | $17,250 | |
| PID 102.1-MINERAL | $10,900 | $10,900 | $10,900 | |
| PID 102.2-MINERAL | $39,100 | $39,100 | $39,100 | |
| CARRYING COSTS '18 | $224,169 | $224,169 | $224,169 | |
| CARRYING COSTS '19 | $227,264 | $227,264 | $227,264 | |
| CARRYING COSTS '20 | $205,601 | $205,601 | $205,601 | |
| PID 70.0 - LAND | $102,233 | $102,233 | $102,233 | |
| PID 70.1 - LAND | $2,709 | $2,709 | $2,709 | |
| PID 70.2 - LAND | $1,722 | $1,722 | $1,722 | |
| PID 71.0 - LAND | $20,305 | $20,305 | $20,305 | |
| PID 72.0 - LAND | $1,087 | $1,087 | $1,087 | |
| PID 73.0 - LAND | $3,658 | $3,658 | $3,658 | |
| PID 98.0 - LAND | $6,800 | $6,800 | $6,800 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SURFACEBOOK 2 | CategoryOrItemTxt |
| Cost Or Other Basis | $3,944 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,367 | AccumulatedDepreciationAmt |
| Book Value | $1,577 | BookValueAmt |
| EOYFMV | $3,944 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Document Review/Drafting | $22,590 | $22,590 |
| General Consultations | $25,751 | $25,751 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET START-UP COSTS | Desc |
| EOY Book Value | $13,459 | EOYBookValueAmt |
| EOYFMV | $13,459 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $123,027 | $123,027 | |
| Bank Charges | $98 | $98 | |
| AMORTIZATION EXPENSE | $1,429 | ||
| HOA FEES & UTILITIES | $13,640 | $13,640 | |
| POSTAGE/DELIVERY SERVICE | $590 | $590 | |
| PROPERTY INSURANCE | $17,921 | $17,921 | |
| PROPERTY MAINTENANCE | $10,150 | $10,150 | |
| REGISTERED AGENT FEE | $484 | $484 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Net Hunting Lease Income | $33,722 | $33,722 |
| Net Oil and Gas Income | $7,239 | $7,239 |
| Net Foreign Tax Refund | $83 | $83 |
| Temporary Easement Income | $13,200 | $13,200 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| BOY Book Value | $41,883 | BOYBookValueAmt |
| EOY Book Value | $94,238 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Appraisal Services | $38,200 | $38,200 |
| Investment Management Services | $590,954 | $590,954 |
| CONSULTANT SERVICES | $7,383 | $7,383 |
| FORESTRY SERVICES | $48,781 | $48,781 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FRANCHISE TAXES | $1,200 | $1,200 |
| OIL AND GAS PRODUCTION TAX | $176 | $176 |
| Property Taxes | $12,175 | $12,175 |