2025-11-17T18:44:39+00:00 2024-12-31 440160260 Forvis Mazars LLP 8200 W Interstate 10 Suite 900 San Antonio TX 782303806 990 2024-01-01 475680271 Circuit Trail Conservancy CIRC 9729770397 PO Box 224484 Dallas TX 75222 Philip Hiatt Haigh Executive Director 9729770397 2025-11-18 true Robert Ulloa P01953132 2103419400 2025-11-17 2024 2025-03-06 01:10:19Z The Loop Dallas PHILIP HIATT HAIGH PO BOX 224484 DALLAS TX 75222 4181864 false X theloopdallas.org X 2015 TX TO ACT AS THE PRIVATE PARTNER IN PUBLIC/PRIVATE PARTNERSHIPS WITH THE CITY OF DALLAS AND RAISE PRIVATE FUNDS FOR THE DALLAS TRAIL NETWORK PLAN. 7 7 2 7 0 594792 3909086 0 0 269674 272778 0 0 864466 4181864 7000 64191 0 0 159111 262271 0 166514 1916665 6498197 2082776 6824659 -1218310 -2642795 5194038 7301587 305715 4997545 4888323 2304042 TO ACT AS THE PRIVATE PARTNER IN PUBLIC/PRIVATE PARTNERSHIPS WITH THE CITY OF DALLAS AND RAISE PRIVATE FUNDS FOR DESIGN, CONSTRUCTION, ENHANCEMENT, OPERATION, AND MAINTENANCE OF, AND THE PROVISION OF EDUCATIONAL PROGRAMS FOR, PEDESTRIAN AND BICYCLE TRAILS AND FACILITIES IN THE DALLAS TRAIL NETWORK PLAN. false false 6356292 64191 FOLLOWING UNANIMOUS APPROVAL FROM THE DALLAS CITY COUNCIL IN 2019, CIRCUIT TRAIL CONSERVANCY (THE CTC) AND THE CITY OF DALLAS'S PARTNERSHIP WAS ESTABLISHED TO CREATE A COMPREHENSIVE, ALTERNATIVE TRANSPORTATION SOLUTION FUNDED BY A COMBINATION OF PUBLIC AND GENEROUSLY DONATED PRIVATE DOLLARS KNOWN AS THE LOOP. BY STRATEGICALLY BUILDING NEW TRAILS LINKED TO EXISTING ONES, THE CTC IS LEADING THE FORMATION OF A WALKABLE CIRCUIT IN THE HEART OF URBAN DALLAS. 6356292 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 2 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false false true false false false false false true false false false X PHILIP HIATT HAIGH 9729770397 PO BOX 224484 DALLAS TX 75222 JEFF ELLERMAN CHAIR 1.0 X X 0 0 0 LARRY DALE TREASURER 1.0 X X 0 0 0 RICK PERDUE PRESIDENT 1.0 X X 0 0 0 LINDA OWEN DIRECTOR 1.0 X 0 0 0 MIKE TERRY DIRECTOR 1.0 X 0 0 0 TERRANCE MAIDEN DIRECTOR 1.0 X 0 0 0 VANA HAMMOND DIRECTOR 1.0 X 0 0 0 PHILIP HIATT HAIGH EXECUTIVE DIRECTOR 40.0 X 175666 0 10540 175666 0 10540 1 false false false ALLYN MEDIA 3838 OAK LAWN AVE 400 DALLAS TX 75219 MARKETING SERVICES 391269 TBG PARTNERS 2001 BRYAN ST SUITE 1450 DALLAS TX 75201 TRAIL DESIGN SVCS 290674 MUCH CREATIVE LLC 586 Hicks Hill Road Stanfordville NY 12581 TRAIL DESIGN SVCS 196032 HALFF ASSOCIATES INC PO BOX 678316 DALLAS TX 75267 TRAIL DESIGN SVCS 160541 THE FAIN GROUP INC 2500 Great Southwest Pkwy Fort Worth TX 76106 TRAIL DESIGN SVCS 135514 7 3909086 3909086 0 0 0 0 0 251659 251659 0 0 21119 21119 0 21119 21119 0 0 0 0 0 4181864 0 0 272778 X 64191 64191 0 0 186206 139655 37241 9310 49140 36855 9828 2457 600 450 120 30 9565 7174 1913 478 16760 12570 3352 838 39518 39518 161639 161639 959591 959591 0 0 459932 306621 153311 14857 1331 13436 90 8171 8171 14595 14595 6442 6442 3360 290 3070 125228 125228 6332 6332 2528 2528 DESIGN & CONSTRUCTION 4696004 4696004 0 0 0 0 6824659 6356292 301853 166514 157707 56026 5008795 5589498 0 1640795 9714 3769 0 0 0 0 4135 2819 23326 14646 13687 8680 0 0 0 0 5194038 7301587 305715 453223 0 0 0 3977690 0 566632 305715 4997545 X 4888323 663247 1640795 4888323 2304042 5194038 7301587 -2642795 58514 0 X false true false false X 4547865 267255 5459306 594792 3909086 14778304 0 0 4547865 267255 5459306 594792 3909086 14778304 7034400 7743904 25834 16291 22884 269674 251659 586342 0 0 0 0 0 0 0 15364646 0 0.50401 0.5197 X Schedule A, Part II PUBLIC SUPPORT THE DALLAS FOUNDATION PROVIDES FISCAL SPONSORSHIP AND ORGANIZATIONS SERVICES FOR VARIOUS CHARITABLE INITIATIVES IN THE DALLAS AREA. ONE OF THESE INITIATIVES WAS CIRCUIT TRAIL CONSERVANCY (THE CTC). THE CTC RECEIVED ITS SECTION 501(C)(3) STATUS EFFECTIVE JULY 2015, BUT THE ACTIVITY WAS REPORTED WITHIN THE DALLAS FOUNDATION DURING 2015 - 2019. THE CTC SPUN OFF AS ITS OWN INDEPENDENT ORGANIZATION JANUARY 1, 2020, SO THE PUBLIC SUPPORT TEST ONLY REFLECTS YEARS AFTER THE SPLIT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10826 5966 4860 12500 8680 3820 8680 Federal Income Taxes Retainage Payable 566632 566632 X 4271453 89589 0 89589 4181864 0 0 4181864 6855734 31075 0 31075 6824659 0 0 6824659 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CTC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (THE "CODE"), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ADDITION, CTC HAS BEEN CLASSIFIED AS A PUBLIC CHARITY UNDER THE CODE. SHOULD CTC ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME COULD RESULT. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, CTC HAD NO NET UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CTC'S FINANCIAL STATEMENTS AND TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINNING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. CTC IS RELYING ON ITS TAX EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING THE UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. CTC RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS GENERAL AND ADMINISTRATIVE EXPENSES. CTC'S INFORMATIONAL RETURNS FILED WITH THE INTERNAL REVENUE SERVICE ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. true Greenspace Dallas PO Box 560692 DALLAS TX 753560692 203398696 501(C)(3) 64191 FMV Kubota excavator and BigTex trailer General Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The organization uses internal and external resources to monitor the use of grant funds. Form 990, Part VI, Line 12a CONFLICT OF INTEREST POLICY CIRCUIT TRAIL CONSERVANCY IS IN THE PROCESS OF IMPLEMENTING A WRITTEN CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE CTC BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S SALARY AND ANY BONUSES RECEIVED ON AN ANNUAL BASIS. THESE DECISIONS ARE AT THE BOARD'S DISCRETION AND DOCUMENTED IN THE RELATED MEETING MINUTES. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Contractors - Total Expense: 205319, Program Service Expense: 205319, Management and General Expenses: , Fundraising Expenses: ; Trail Design - Total Expense: 638805, Program Service Expense: 638805, Management and General Expenses: , Fundraising Expenses: ; Project Management - Total Expense: 115467, Program Service Expense: 115467, Management and General Expenses: , Fundraising Expenses: ; FORM 990, PART XII, LINE 2C OVERSIGHT OVER AUDIT OF THE FINANCIAL STATEMENTS ALTHOUGH THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE, THE RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT IS ASSUMED BY THE FULL BOARD.