BADGER CREEK CORPORATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BADGER CREEK CORPORATION (EIN 20-1210921)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202123199349106657
- Schema version
- 2020v4.0
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T14:39:50-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 431914739 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOWERS & FELDMAN CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 W 135TH ST STE 200 | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66224 | 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 | 201210921 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BADGER CREEK CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BADG | BusinessNameControlTxt |
| Phone | 9135995010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194 STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NELSON D SHIRLEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9135995010 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NELSON | PersonFirstNm |
| Person Last | SHIRLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LEO FELDMAN | PreparerPersonNm |
| PTIN | P00445594 | PTIN |
| Phone | 9132392390 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $31,114,372 | 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 | $25,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $372,890 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $372,890 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $372,890 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $114,950 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $114,950 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $114,950 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $42,890 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,322,295 | GrossSalesPriceAmt |
| Gross Sales Less Ret And Allwnc | $4,108,862 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $4,108,862 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $4,108,862 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,079,501 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $1,079,501 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $5,744,093 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $487,840 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $5,676,203 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $331,300 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $331,300 | OthEmplSlrsWgsAdjNetIncmAmt |
| Pension Empl Bnft Rev And Expnss | $26,319 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $26,319 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $315 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $315 | LegalFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $3,458 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $3,458 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $346 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $346 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $31,453 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,888 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $17,565 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $755,554 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $755,554 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,160 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $1,160 | TravConfMeetingAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $2,974,113 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,748 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $2,962,365 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $4,124,018 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,636 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,098,382 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,200,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,200,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,324,018 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,636 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,098,382 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,200,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $420,075 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $462,204 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,577,821 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $80,294 | CashBOYAmt |
| Cash EOY | $171,258 | CashEOYAmt |
| Cash EOYFMV | $171,258 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,883,228 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,413,390 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,413,390 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $8,005 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $31,668 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $31,668 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $3,167,243 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,821,990 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,496,869 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $10,155,571 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,410,036 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,448,419 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $17,552,768 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,657,649 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $10,979,151 | LandBOYAmt |
| Land EOY | $13,895,119 | LandEOYAmt |
| Land EOYFMV | $17,552,768 | LandEOYFMVAmt |
| Total Assets BOY | $26,273,492 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,743,461 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,114,372 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $814,940 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $863,459 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $3,418 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,793 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $818,358 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $868,252 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $25,455,134 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $25,875,209 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,455,134 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,875,209 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,273,492 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,743,461 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,455,134 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $420,075 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,875,209 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,875,209 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,425 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,425 | SubtotalAmt |
| Tax Based On Investment Income | $6,425 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $40 | EsPenaltyAmt |
| Overpayment | $5,535 | OverpaymentAmt |
| Applied To ES Tax | $5,535 | 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 | KS | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NM | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | NELSON D SHIRLEY | IndividualWithBooksNm |
| Phone | 9135995010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| NELSON D SHIRLEY | |||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | PRESIDENT | 30.00 | $0 | $0 | $0 | |
| LORI KELLY | |||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | SECRETARY | 20.00 | $0 | $0 | $0 | |
| BRADLEY SIEBERT | |||||||||
| 11641 CONNELL ST | OVERLAND PARK | KS | 66210 | VICE-PRESIDE | 10.00 | $0 | $0 | $0 | APT 7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DALE STUHL LTD CO | |||||
| BOX 41 | NARA VISA | NM | 88430 | TRANSPORTATION | $70,455 |
| KNIGHT AG SERVICES LLC | |||||
| PO BOX 1980 | ST JOHNS | AZ | 85936 | MANAGEMENT | $54,689 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACQUISITION OF LAND, LAND IMPROVEMENTS, EQUIPMENT & LIVESTOCK PURSUANT TO THE FOUNDATION'S EXEMPT PURPOSE | Description1Txt |
| Expenses1 | $7,043,261 | Expenses1Amt |
| Description2 | PRESERVATION AND PROMOTION OF BIODIVERSITY OF WILDLANDS | Description2Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,519,137 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,726,478 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,245,615 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $15,245,615 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $228,684 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,016,931 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $750,847 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,200,000 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $7,043,261 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $8,243,261 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $8,243,261 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $8,243,261 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $8,243,261 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,243,261 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $750,847 | CurrentYearAmt |
| Year2 | $762,367 | Year2Amt |
| Year3 | $526,060 | Year3Amt |
| Total | $2,039,274 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $638,220 | CurrentYearAmt |
| Year2 | $648,012 | Year2Amt |
| Year3 | $447,151 | Year3Amt |
| Total | $1,733,383 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,243,261 | CurrentYearAmt |
| Year1 | $2,762,761 | Year1Amt |
| Year2 | $5,498,289 | Year2Amt |
| Year3 | $4,886,406 | Year3Amt |
| Total | $21,390,717 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,243,261 | CurrentYearAmt |
| Year1 | $2,762,761 | Year1Amt |
| Year2 | $5,498,289 | Year2Amt |
| Year3 | $4,886,406 | Year3Amt |
| Total | $21,390,717 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $500,565 | CurrentYearAmt |
| Year1 | $520,945 | Year1Amt |
| Year2 | $508,245 | Year2Amt |
| Year3 | $567,656 | Year3Amt |
| Total | $2,097,411 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GHOST LAKE CORPORATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194 ST | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | 501 (C)3 | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | ACQUISITION OF WILDLAND | GrantOrContributionPurposeTxt |
| Amt | $1,200,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,200,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $372,890 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $114,950 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $42,890 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $4,108,862 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| CUSTOM GRAZING FEES | $22,480 |
| CRP/LIP/NAP | $536,072 |
| CROP INSURANCE PROCEEDS | $377,055 |
| HUNTING TAGS | $64,700 |
| OTHER INCOME | $29,194 |
| PPP LOAN FORGIVENESS | $50,000 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $487,840 | ExclusionAmt |
| Related Or Exempt Function Incm | $5,231,253 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,719,093 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRASSLANDS CHARITABLE FOUNDATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 23 | AddressLine1Txt |
| City | CAUSEY | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $25,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $755,554 | CurrentYearExpenseAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (34 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| CATTLE SALE | PURCHASE | 2020-01 | $17,684 | $39,424 | $17,684 | $39,424 | |
| CATTLE SALE | PURCHASE | 2020-11 | $202,872 | $347,902 | $173,956 | $318,986 | |
| 5 BULLS-PORTER ANGUS RANCH | PURCHASE | 2020-01 | $5,738 | $9,571 | $5,738 | $9,571 | 2012-03 |
| 29 COWS-VARIOUS | PURCHASE | 2020-10 | $34,084 | $40,335 | $34,084 | $40,335 | 2012-11 |
| SCHWAB US BROAD MARKET | PURCHASE | 2020-12 | $3,970 | $3,295 | $675 | ||
| SCHWAB VARIABLE SHARE PRICE MONEY | PURCHASE | 2020-12 | $2,802,607 | $2,802,748 | -$141 | ||
| APPLE | PURCHASE | 2020-10 | $100,662 | $20,006 | $80,656 | 2012-10 | |
| BREMERTON WA | PURCHASE | 2020-10 | $225,439 | $254,838 | -$29,399 | 2015-01 | |
| CO ST CTFS PART 5.42% | PURCHASE | 2020-09 | $75,000 | $85,184 | -$10,184 | 2013-06 | |
| COLUMBUS OH CTY 5.56% | PURCHASE | 2020-10 | $205,576 | $227,411 | -$21,835 | 2015-02 | |
| CUYAHOGA OH EDE 5.284% | PURCHASE | 2020-06 | $250,000 | $271,642 | -$21,642 | 2013-06 | |
| DC 5.991% | PURCHASE | 2020-10 | $100,000 | $113,862 | -$13,862 | 2012-06 | |
| ELGIN OH LOC SD 5.499% | PURCHASE | 2020-10 | $309,083 | $314,034 | -$4,951 | 2018-06 | |
| ELIZABETH NJ 2.926% | PURCHASE | 2020-03 | $150,000 | $153,046 | -$3,046 | 2013-05 | |
| HAMMOND IN MUN 5.04% | PURCHASE | 2020-12 | $50,000 | $56,516 | -$6,516 | 2012-11 | |
| IA WSTN CCD 3.1% | PURCHASE | 2020-10 | $90,033 | $92,516 | -$2,483 | 2015-03 | |
| KS DFA SLS TAX 5% | PURCHASE | 2020-01 | $250,000 | $277,717 | -$27,717 | 2016-06 | |
| KS DFA SLS TAX 4.25% | PURCHASE | 2020-10 | $155,107 | $165,398 | -$10,291 | 2015-01 | |
| LAWRENCE KS 5.6% | PURCHASE | 2020-09 | $75,000 | $78,470 | -$3,470 | 2018-09 | |
| LONG BEACH CA 5.314% | PURCHASE | 2020-08 | $60,000 | $63,355 | -$3,355 | 2018-04 | |
| MAHTOMEDI MD ISD | PURCHASE | 2020-02 | $100,000 | $118,616 | -$18,616 | 2012-11 | |
| MET ST CLG DEN 4.438% | PURCHASE | 2020-09 | $250,000 | $281,975 | -$31,975 | 2012-12 | |
| NORWOOD MA 4.85% | PURCHASE | 2020-10 | $71,493 | $81,470 | -$9,977 | 2012-12 | |
| ONSTED MI CMNTY 5.55% | PURCHASE | 2020-10 | $50,530 | $53,218 | -$2,688 | 2015-08 | |
| SALLIE MAE BANK 2.75% | PURCHASE | 2020-08 | $250,000 | $249,628 | $372 | 2018-08 | |
| SCHWAB US BROAD MARKET | PURCHASE | 2020-12 | $199,748 | $111,998 | $87,750 | ||
| SEDGWICK CN KS 5.29% | PURCHASE | 2020-10 | $250,000 | $303,820 | -$53,820 | 2012-12 | |
| SNOHOMSH CN WA | PURCHASE | 2020-12 | $65,000 | $69,572 | -$4,572 | 2013-07 | |
| ST CHARLES MO 6.166% | PURCHASE | 2020-11 | $150,000 | $170,639 | -$20,639 | 2015-10 | |
| STATE BANK OF IN 2.85% | PURCHASE | 2020-06 | $250,000 | $249,515 | $485 | 2019-06 | |
| TC ENERGY CORP | PURCHASE | 2020-10 | $76,198 | $89,386 | -$13,188 | ||
| TN ST SCH BD AU 2.379% | PURCHASE | 2020-05 | $90,323 | $95,188 | -$4,865 | 2012-12 | |
| UNION CN PA | PURCHASE | 2020-10 | $253,360 | $290,290 | -$36,930 | 2012-11 | |
| WESTLAKE OH CTY 5.227% | PURCHASE | 2020-10 | $102,788 | $105,136 | -$2,348 | 2018-12 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (60 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHRISTIAN CNTY KY 5.375% SCH DIST | $317,122 | $300,900 |
| HARLIGEN TX 6.75% SCH DIST | $296,123 | $280,225 |
| GOLDMAN SACHS 2.95% 9/19/22 | $248,613 | $261,903 |
| UNIV OF OKLAHOMA 2.793 REV TAX | $251,965 | $258,065 |
| BERKS CNTY PA 2.728% SER A TAX | $251,873 | $255,200 |
| MCALLEN TX 4.66% DUE 2/15/26 | $264,252 | $251,220 |
| ORLEANS PARISH LA 4.4% SCH CONST | $271,275 | $250,603 |
| TX ST 2.466% 12/1/24 | $236,574 | $243,239 |
| HUDSON NY 4.35% SCH DIST TAX D | $252,025 | $242,047 |
| ROGERS AR SD 030 5.5% 29 GO LTX | $216,661 | $239,693 |
| WHITLEY CNTY KY 5.25% 29 LEAS SCH | $230,428 | $220,581 |
| HOFFMAN ESTATES IL 4.25% TSBL | $200,025 | $218,756 |
| KANSAS CITY MO 2.689% 10/1/24 | $202,863 | $210,912 |
| COLUMBUS OH 2.483% GEN OBL | $189,079 | $208,084 |
| CENTER POINTER-URBANA IOWA 2.74% | $205,309 | $204,070 |
| ST LOUIS CNT MO 3% SPL OBL 12/1/21 | $201,501 | $203,654 |
| DECATUR MI 6.45% PUB SCH DUE 5 | $245,000 | $200,784 |
| UNIVERSITY OF NORTH TX 3.2% ED | $177,928 | $181,057 |
| BERTIE CNTY NC 4.667% DUE 11/1/35 | $148,643 | $178,760 |
| GLENDALE WI 3.5% CMMTY DUE 10/1/22 | $160,025 | $168,342 |
| SALLIE MAE BANK 3.3% 23 CD FDIC | $150,015 | $161,308 |
| NYC NY TRAN AUTH 2.77% DUE 8/1/28 | $146,794 | $158,699 |
| GLOVERSVILLE NY 4.5% SCH DIST | $162,751 | $156,563 |
| WAKE CNTY NC 5.1% 27 GO UTX | $155,616 | $150,486 |
| FEDERAL NATIONAL MORTGAGE 1.75% | $147,198 | $148,605 |
| KINDRED NORTH DAKOTA 6% 8/1/27 | $119,532 | $126,425 |
| JOHNSON COUNTY KS 1.82% PARKS | $125,015 | $125,918 |
| CLEVELAND OH 5.2% QSCB SCH | $108,717 | $119,761 |
| OK ST CAP IIMPT 3.823% DUE 7/1/29 | $102,381 | $113,685 |
| MORGAN STANLEY PR 3.4% 22 CD FDIC | $99,644 | $106,017 |
| CITRUS CNTY FL 6.378% 4/1/27 | $115,996 | $105,360 |
| MCKLNBRG CNTY NC 4.349% DUE 10/1/30 | $104,556 | $102,474 |
| WARREN WOODS MI 3.25% ENE CONS | $101,700 | $101,503 |
| ST CLAIR CN IL 5.2% 12/1/28 | $87,519 | $83,536 |
| CLARK CTY NV 5.51% SCH DIST | $62,522 | $58,602 |
| LONG BEACH CA U 5.314% IMPT SCH | $52,796 | $51,382 |
| BREMERTON WA 5.269% LTD DUE 12/1/25 | ||
| COLORADO ST 5.42% COPS BAB | ||
| COLUMBUS OH 5.56% QCSB SCH | ||
| CUYAHOGA CNTY OH 5.284% ECON | ||
| DC UNIV - HOWARD 5.991% REV TA | ||
| ELGIN OH LOC SD 5.499 GO UTX | ||
| ELIZABETH NJ 2.926% TAX REF | ||
| HAMMOND IN 5.04% MULT FAM TAX | ||
| IOWA ST 3.1% WESTERN CC | ||
| KANSAS ST 4.25% SLS TAX BAB | ||
| KS DFA SALES TAX 5% 9/1/24 | ||
| LAWRENCE KS 5.6% 30 GO UTX | ||
| MAHTOMEDIA MN 5% SCH DIST TAX | ||
| METRO CO ST 4.438% DENVER RR R | ||
| NORWOOD MA 4.85% MUN PRUP TAX | ||
| ONSTED MI 5.55% QSCB SCH | ||
| SALLIE MAE BANK 2.75% 20 CD FDIC | ||
| SEDGWICK CNTY KS 5.29% SCH DIS | ||
| SNOHOMISH CTY WA 4.062% ECO | ||
| ST BNK OF IN 2.85% DUE 6/19/24 | ||
| ST CHARLES MO 6.166% REDEV | ||
| TENNESSEE ST 2.379% SCH DIST T | ||
| UNION CNTY PA 5.61% GENL OBLIG | ||
| WESTLAKE OH CTY 5.227% 26 GO UTX |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE, INC | $57,804 | $398,070 |
| BP PLC | $169,628 | $92,555 |
| CHEVRON CORPORATION | $239,773 | $186,647 |
| CONOCO PHILLIPS | $118,802 | $71,664 |
| EXXON MOBIL | $136,946 | $65,105 |
| GLAXOSMITHKLINE PLC ADRF | $71,907 | $60,720 |
| INTEL CORP | $40,548 | $99,640 |
| ISHARES HIGH DIVIDEND EQUITY | $632,699 | $724,029 |
| INVESCO S&P 500 | $506,468 | $510,160 |
| JOHNSON & JOHNSON | $30,764 | $70,821 |
| LOCKHEED MARTIN CORP | $27,834 | $106,494 |
| NORFOLK SOUTHERN CORP | $44,608 | $178,207 |
| ROYAL BANK OF CANADA | $98,523 | $135,399 |
| SCHWAB US BROAD MARKET ETF | ||
| SCHWAB VARIABLE SHARE | ||
| TRANSCANADA CORP F | ||
| UNILEVER NV | $100,409 | $158,445 |
| VANGUARD TOTAL WORLD | $509,988 | $509,190 |
| WASTE MANAGEMENT | $35,289 | $129,723 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BUILDINGS & EQUIPMENT | $6,902,014 | $3,657,649 | $3,244,365 | $6,902,014 |
| LAND | $10,650,754 | $10,650,754 | $10,650,754 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $315 | LegalFeesAmt |
| Adjusted Net Income | $315 | AdjustedNetIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| BANK SERVICE CHARGES | $1,036 | $1,036 | |
| CONTRACT LABOR | $96,425 | $96,425 | |
| DUES & SUBSCRIPTIONS | $3,145 | $3,145 | |
| FUEL | $76,818 | $76,818 | |
| GRAZING FEES | $17,050 | $17,050 | |
| INSURANCE | $202,969 | $202,969 | |
| LIVESTOCK OPERATING EXPENSE | $2,274,933 | $2,274,933 | |
| MANAGEMENT FEES | $144,000 | $144,000 | |
| OFFICE SUPPLIES | $5,077 | $5,077 | |
| POSTAGE | $579 | $579 | |
| REPAIRS & MAINTENANCE | $79,071 | $79,071 | |
| SUPPLIES | $41,726 | $41,726 | |
| TRADING FEES | $292 | $292 | |
| UTILITIES | $19,536 | $19,536 | |
| LOSS ON CATTLE FUTURES | $11,456 | $11,456 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| CUSTOM GRAZING FEES | $22,480 | $22,480 |
| CRP/LIP/NAP | $536,072 | $536,072 |
| CROP INSURANCE PROCEEDS | $377,055 | $377,055 |
| HUNTING TAGS | $64,700 | $64,700 |
| OTHER INCOME | $29,194 | $29,194 |
| PPP LOAN FORGIVENESS | $50,000 | $50,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $3,418 | BOYBookValueAmt |
| EOY Book Value | $4,793 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $3,458 | Amt |
| Adjusted Net Income | $3,458 | AdjustedNetIncomeAmt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LIVESTOCK SALES | CategoryTxt |
| Gross Sales | $4,108,862 | GrossSalesAmt |
| Net | $4,108,862 | NetAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PROPERTY TAX | $17,565 | $17,565 | |
| FOREIGN TAX | $2,147 | $2,147 | |
| FEDERAL INCOME TAX | $11,741 | $11,741 |