BANNISTER FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- BANNISTER FOUNDATION INC (EIN 20-1014663)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201803199349105715
- Schema version
- 2017v2.3
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T20:59:10-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200022522 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BURTON & ASSOCIATES PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7605 | AddressLine1Txt |
| City | GULFPORT | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 395067605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201014663 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANNISTER FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BANN | BusinessNameControlTxt |
| Phone | 2288971287 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7605 | AddressLine1Txt |
| City | GULFPORT | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 395067605 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAN BURTON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2288971287 | PhoneNum |
| Signature | 2018-10-15 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL BURTON | PreparerPersonNm |
| PTIN | P00368546 | PTIN |
| Phone | 2288971287 | PhoneNum |
| Preparation | 2018-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.117.92.139 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-15 | IPDt |
| IP Tm | 20:59:10 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C21AC4EB99D52ECEE35189BA5511B020516B8FCC | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2FC75C5511611C54616A0B8799F1D640E8C93B9A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,732,755 | 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 | $108,217 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $21,473 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $21,473 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $21,473 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $11,691 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $9,038 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $11,691 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,277 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $168,636 | GrossSalesPriceAmt |
| Total Rev And Expnss | $159,658 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $30,511 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $33,164 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $12,682 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $12,682 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $12,682 | LegalFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $1,400 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,400 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,400 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $4,118 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,118 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $4,118 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $242 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $242 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $242 | TaxesAdjNetIncmAmt |
| Occupancy Rev And Expnss | $3,902 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $3,902 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $3,902 | OccupancyAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $144 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $144 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $144 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Rev And Expnss | $311 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $311 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $311 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $10,279 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,279 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $10,279 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $33,078 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $33,078 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $33,078 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,875 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,875 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $41,953 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $33,078 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $33,078 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,875 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $117,705 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $86 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,000,000 | CashBOYAmt |
| Cash EOY | $131,016 | CashEOYAmt |
| Cash EOYFMV | $131,016 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $166,995 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $396,288 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $396,288 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $11,192 | AcctRcvblBOYAmt |
| Other Nts And Loans Rcvbl | $873,259 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $817,665 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $873,259 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $873,259 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock EOY | $379,043 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $373,076 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $245,828 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments EOY | $245,828 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $245,828 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $449,148 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $450,000 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $450,000 | MortgageLoansEOYFMVAmt |
| Other Investments EOY | $252,767 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $262,138 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $1,150 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,150 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,445,000 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,729,351 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,732,755 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10,000 | AccountsPayableBOYAmt |
| Grants Payable BOY | $25,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,000 | GrantsPayableEOYAmt |
| Other Liabilities EOY | $196,646 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $35,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $201,646 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $2,410,000 | UnrestrictedBOYAmt |
| Unrestricted EOY | $2,527,705 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,410,000 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,527,705 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,445,000 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,729,351 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,410,000 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $117,705 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,527,705 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,527,705 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $92,775 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,183,562 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.042488 | DistributionYr1Rt |
| Net Vl Noncharitable Assets Yr2 | $1,863,848 | NetVlNoncharitableAssetsYr2Amt |
| Total Distribution | 0.042488 | TotalDistributionRt |
| Average Distribution | 0.042488 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,228,100 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $94,668 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $94,668 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $8,875 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 |
| 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 | DAN BURTON | IndividualWithBooksNm |
| Phone | 2288971287 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7605 | AddressLine1Txt |
| City | GULFPORT | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39506 | 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| DAN BURTON | ||||||||
| PO BOX 7605 | GULFPORT | MS | 39506 | PRESIDENT | 000.00 | $0 | $0 | $0 |
| MELISSA BURTON | ||||||||
| PO BOX 7605 | GULFPORT | MS | 39506 | VICE PRESIDE | 000.00 | $0 | $0 | $0 |
| JERRY POGUE | ||||||||
| PO BOX 7605 | GULFPORT | MS | 39506 | SECRETARY/TR | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GULFPORT SCHOOL DISTRICT ATTENDANCE CHALLENGE. PILOT PROGRAM STARTED AT CENTRAL ELEMENTARY SCHOOL TO BOOST AVERAGE ATTENDANCE FROM 92% TO 97% FOR THE 2017 SCHOOL YEAR. OVER 400 STUDENTS WERE REACHED THROUGH THIS OUTREACH PROGRAM DURING THE 2017 SCHOOL YEAR. PROGRAM WAS SO SUCCESSFUL THAT THE GULFPORT SCHOOL DISTRICT REQUESTED THAT THE BANNISTER FOUNDATION EXPAND THE PROGRAM TO THREE ELEMENTARY SCHOOLS DURING THE 2018 SCHOOL YEAR. | Description1Txt |
| Expenses1 | $6,405 | Expenses1Amt |
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 | $340,384 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $839,802 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,081,844 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,262,030 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,262,030 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,930 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,228,100 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $111,405 | 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 | $8,875 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $8,875 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $8,875 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $8,875 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $8,875 | RemainingDistriFromCorpusAmt |
| Total Corpus | $8,875 | 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 | $86 | CurrentYearAmt |
| Year1 | $21,578 | Year1Amt |
| Year2 | $10,070 | Year2Amt |
| Total | $31,734 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $73 | CurrentYearAmt |
| Year1 | $18,341 | Year1Amt |
| Year2 | $8,560 | Year2Amt |
| Total | $26,974 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,875 | CurrentYearAmt |
| Year1 | $92,991 | Year1Amt |
| Total | $101,866 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,875 | CurrentYearAmt |
| Year1 | $92,991 | Year1Amt |
| Total | $101,866 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $74,270 | CurrentYearAmt |
| Year1 | $72,785 | Year1Amt |
| Year2 | $62,128 | Year2Amt |
| Total | $209,183 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| CENTRAL ELEMENTARY SCHOOL | |||||
| 1043 PASS ROAD | GULFPORT | MS | 39501 | ATTENDANCE PROGRAM | $6,405 |
| JENNA ROBINSON CHARITIES | |||||
| 1115 PASS ROAD | GULFPORT | MS | 39501 | SCHOLARSHIPS | $499 |
| THE LAD PROJECT | |||||
| PO BOX 548 | PASS CHRISTIAN | MS | 39571 | TRANSPORTATION FOR FIELD TRIP | $500 |
| WALTRIP RAM BAND | |||||
| 1900 W 34TH ST | HOUSTON | TX | 77018 | TUITION FOR BAND CAMP | $1,280 |
| OCEAN SPRINGS SCHOOL DISTRICT | |||||
| 6701 OLD SPANISH TRAIL | OCEAN SPRINGS | MS | 39564 | MARY SAWYER SCHOLARSHIP | $191 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $8,875 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $21,473 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $11,691 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $18,277 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $51,441 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $51,441 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | OFFICE BLDG | PropertyDesc |
| Acquired | 2017-08-14 | AcquiredDt |
| Cost Or Other Basis | $245,828 | CostOrOtherBasisAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (10 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| 500 SHS CXS | 2017-06 | PURCHASE | 2017-06 | $26,691 | $26,092 | $599 |
| 700 SHS CHEESECAKE FACTORY | 2017-06 | PURCHASE | 2017-11 | $34,467 | $32,758 | $1,709 |
| 1000 SHS HELIX ENERGY | 2017-06 | PURCHASE | 2017-12 | $7,632 | $5,507 | $2,125 |
| 500 SHS HORMEL FOODS | 2017-06 | PURCHASE | 2017-12 | $18,543 | $16,582 | $1,961 |
| 500 SHS MACYS | 2017-06 | PURCHASE | 2017-12 | $13,420 | $11,007 | $2,413 |
| 1000 SHS MARATHON OIL | 2017-06 | PURCHASE | 2017-12 | $15,123 | $11,557 | $3,566 |
| 200 SHS OCCIDENTAL PETROLEUM | 2017-06 | PURCHASE | 2017-12 | $14,743 | $12,136 | $2,607 |
| 500 SHS SPROUTS FARMERS | 2017-06 | PURCHASE | 2017-07 | $11,596 | $10,802 | $794 |
| 300 SHS SYSCO CORP | 2017-07 | PURCHASE | 2017-11 | $17,303 | $14,791 | $2,512 |
| 500 SHS UNDER ARMOUR | 2017-08 | PURCHASE | 2017-08 | $9,118 | $9,127 | -$9 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BROKERAGE ACCOUNT | StockNm |
| EOY Book Value | $379,043 | EOYBookValueAmt |
| EOYFMV | $373,076 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OFFICE BLDG | CategoryOrItemTxt |
| Cost Or Other Basis | $245,828 | CostOrOtherBasisAmt |
| Book Value | $245,828 | BookValueAmt |
| EOYFMV | $245,828 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MANAGED ACCOUNT-MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $252,767 | BookValueAmt |
| EOYFMV | $262,138 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $12,682 | LegalFeesAmt |
| Net Investment Income | $12,682 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $12,682 | AdjustedNetIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UTILITY DEPOSIT | Desc |
| EOY Book Value | $1,150 | EOYBookValueAmt |
| EOYFMV | $1,150 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| ADVERTISING | $84 | $84 | $84 |
| AUTO EXPENSE | $138 | $138 | $138 |
| STORAGE FEES | $8,305 | $8,305 | $8,305 |
| WEBSITE HOSTING | $133 | $133 | $133 |
| DUES & SUBSCRIPTIONS | $259 | $259 | $259 |
| BANK FEES | $17 | $17 | $17 |
| INVESTMENT EXPENSE | $5 | $5 | $5 |
| INVESTMENT MANAGEMENT FEES | $1,338 | $1,338 | $1,338 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| PROPERTY TAXES PAY | $2,528 |
| N/P-OFFICE BLDG | $194,118 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOANS RECEIVABLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $873,259 | BalanceDueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | APPRAISAL FEES | CategoryTxt |
| Amt | $1,400 | Amt |
| Net Investment Income | $1,400 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,400 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL EXCISE TAXES | $216 | $216 | $216 |
| FOREIGN TAXES | $26 | $26 | $26 |