THE REAL ESTATE COUNCIL FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE REAL ESTATE COUNCIL FOUNDATION (EIN 75-2510813)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-09-15
- IRS object ID
- 201612599349301076
- Schema version
- 2015v2.1
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-15T15:18:10-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 THORN DRIVE SUITE 300 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672262708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752510813 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Real Estate Council Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CARLA BRANDT | InCareOfNm |
| Business Name Control | REAL | BusinessNameControlTxt |
| Phone | 2146923603 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 McKinnon Street Suite 1150 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINDA MCMAHON | PersonNm |
| Person Title | CEO/President | PersonTitleTxt |
| Phone | 2146923603 | PhoneNum |
| Signature | 2016-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebecca Zecha | PreparerPersonNm |
| PTIN | P00648970 | PTIN |
| Phone | 3162653231 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LINDA MCMAHON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 McKinnon Street | AddressLine1Txt |
| City | Suite Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,255,550 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.recouncil.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To improve the quality of life in Dallas by utilizing the talent and resources of The Real Estate Council's members and other public support. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 155 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,580,362 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,411,372 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $153,390 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $62,011 | CYProgramServiceRevenueAmt |
| PY Investment Income | $28,603 | PYInvestmentIncomeAmt |
| CY Investment Income | $38,239 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$395,672 | PYOtherRevenueAmt |
| CY Other Revenue | -$233,146 | CYOtherRevenueAmt |
| PY Total Revenue | $1,366,683 | PYTotalRevenueAmt |
| CY Total Revenue | $1,278,476 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $442,702 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $460,300 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $197,507 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $206,713 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $301,676 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $301,676 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $651,820 | PYOtherExpensesAmt |
| CY Other Expenses | $493,107 | CYOtherExpensesAmt |
| PY Total Expenses | $1,292,029 | PYTotalExpensesAmt |
| CY Total Expenses | $1,461,796 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $74,654 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$183,320 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,585,072 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,571,117 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $631,204 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $846,157 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,953,868 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,724,960 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE THE QUALITY OF LIFE IN DALLAS BY UTILIZING THE TALENT AND RESOURCES OF THE REAL ESTATE COUNCIL'S MEMBERS AND OTHER PUBLIC SUPPORT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $247,779 | ExpenseAmt |
| Desc | The Real Estate Council Foundation leverages the technical expertise of The Real Estate Council's membership to provide Pro Bono professional services to help nonprofits in the North Texas Region. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $879,272 | ExpenseAmt |
| Grant | $460,300 | GrantAmt |
| Revenue | $62,011 | RevenueAmt |
| Desc | The Real Estate Council Foundation invests the funds of our financial partners & our own funds to nonprofit organizations in North Texas on initiatives in four key areas: education, housing, jobs and the environment. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | The Real Estate Council Foundation facilitated the Real Estate 101 and other interested parties to become more familiar with the complexities of real estate. Course work provided community oranizations with the technical expertise and skills needed to analyze real estate needs. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,127,051 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARLA BRANDT | PersonNm |
| Phone | 2146923600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 MCKINNON STREET SUITE 1150 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Sue Ansel | |||||||
| Chairman | 1.5 | 3.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Robert Bennett | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Kent Howard | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Greg Kraus | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Shery Layne | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Terrence Maiden | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Courtney Naudo | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Deborah Newman | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Jud L Pankey | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Chad Schieber | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Katy Slade | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Tucker Thomas | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Jill Ibison-Vessels | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Jason Mattox | |||||||
| Director | 1.5 | 1.5 | Yes (X) | $0 | $0 | $0 | |
| Jonathan Wood | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Natalie Anderson | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Susan Cox | |||||||
| Secretary | 1.5 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Troy Butts | |||||||
| Treasurer | 1.5 | 3.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Vicky Gunning | |||||||
| Director | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Diane Butler | |||||||
| Vice Chairman | 1.5 | 3.5 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Linda McMahon | |||||||
| CEO/President | 1.5 | 38.5 | Yes (X) | $0 | $289,670 | $30,780 | |
| Robin Minick | |||||||
| Foundation Director | 36.5 | 3.5 | Yes (X) | $105,481 | $0 | $12,511 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $105,481 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $289,670 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $43,291 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | None | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Address | ContractorAddress |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,288,204 | FundraisingAmt |
| All Other Contributions | $123,168 | AllOtherContributionsAmt |
| Total Contributions | $1,411,372 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM INCOME | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $62,011 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,011 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $62,011 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,861 | TotalRevenueColumnAmt |
| Exclusion | $42,861 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,369 | SecuritiesAmt |
| Other | $361 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $8,352 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,369 | SecuritiesAmt |
| Other | -$7,991 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,622 | TotalRevenueColumnAmt |
| Exclusion | -$4,622 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $735,576 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,288,204 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $968,722 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$233,146 | TotalRevenueColumnAmt |
| Exclusion | -$233,146 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,278,476 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,011 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$194,907 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,300 | TotalAmt |
| Program Services | $460,300 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,917 | TotalAmt |
| Program Services | $166,171 | ProgramServicesAmt |
| Management And General | $8,746 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,248 | TotalAmt |
| Program Services | $4,986 | ProgramServicesAmt |
| Management And General | $262 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,651 | TotalAmt |
| Program Services | $10,118 | ProgramServicesAmt |
| Management And General | $533 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,897 | TotalAmt |
| Program Services | $15,102 | ProgramServicesAmt |
| Management And General | $795 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,862 | TotalAmt |
| Program Services | $27,419 | ProgramServicesAmt |
| Management And General | $1,443 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,676 | TotalAmt |
| Fundraising | $301,676 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,721 | TotalAmt |
| Program Services | $44,385 | ProgramServicesAmt |
| Management And General | $2,336 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,750 | TotalAmt |
| Program Services | $6,413 | ProgramServicesAmt |
| Management And General | $337 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,464 | TotalAmt |
| Program Services | $33,691 | ProgramServicesAmt |
| Management And General | $1,773 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,768 | TotalAmt |
| Program Services | $34,930 | ProgramServicesAmt |
| Management And General | $1,838 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,982 | TotalAmt |
| Program Services | $73,133 | ProgramServicesAmt |
| Management And General | $3,849 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,548 | TotalAmt |
| Program Services | $4,321 | ProgramServicesAmt |
| Management And General | $227 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,822 | TotalAmt |
| Program Services | $21,681 | ProgramServicesAmt |
| Management And General | $1,141 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,473 | TotalAmt |
| Program Services | $32,749 | ProgramServicesAmt |
| Management And General | $1,724 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,633 | TotalAmt |
| Program Services | $7,251 | ProgramServicesAmt |
| Management And General | $382 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROJECT EXPENSES | $74,815 | $71,822 | $2,993 |
| PRINTING | $27,718 | $26,609 | $1,109 |
| TAXES & LICENSES | $7,902 | $7,586 | $316 |
| MOVING RELOCATION | $6,134 | $5,889 | $245 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,515 | TotalAmt |
| Program Services | $72,495 | ProgramServicesAmt |
| Management And General | $3,020 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,461,796 | TotalAmt |
| Program Services | $1,127,051 | ProgramServicesAmt |
| Management And General | $33,069 | ManagementAndGeneralAmt |
| Fundraising | $301,676 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,351,494 | BOYAmt |
| EOY | $778,373 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,575 | BOYAmt |
| EOY | $31,825 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,276 | BOYAmt |
| EOY | $36,825 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $241,679 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $92,040 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,672 | BOYAmt |
| EOY | $149,639 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,067,055 | BOYAmt |
| EOY | $1,574,455 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,585,072 | BOYAmt |
| EOY | $2,571,117 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,754 | BOYAmt |
| EOY | $187,493 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,450 | BOYAmt |
| EOY | $500,281 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,000 | BOYAmt |
| EOY | $10,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $148,383 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $631,204 | BOYAmt |
| EOY | $846,157 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,921,341 | BOYAmt |
| EOY | $1,715,031 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,527 | BOYAmt |
| EOY | $9,929 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,953,868 | BOYAmt |
| EOY | $1,724,960 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,585,072 | BOYAmt |
| EOY | $2,571,117 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$183,320 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$45,588 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $457,483 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,063,894 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,166,237 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,580,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,411,372 | CurrentTaxYearAmt |
| Total | $5,679,348 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $457,483 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,063,894 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,166,237 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,580,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,411,372 | CurrentTaxYearAmt |
| Total | $5,679,348 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $70,655 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,608,693 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,886 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,424 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,841 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,319 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,861 | CurrentTaxYearAmt |
| Total | $160,331 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,047,062 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $210,075 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $697,807 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $437,074 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $735,576 | CurrentTaxYearAmt |
| Total | $3,127,594 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,967,273 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,845,873 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62546 | PublicSupportCY170Pct |
| Public Support PY170 | 0.61698 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $99,461 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,494 | DepreciationAmt |
| Book Value | $86,967 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $142,218 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,546 | DepreciationAmt |
| Book Value | $62,672 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $149,639 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RELATED PARTY RECEIVABLES | Desc |
| Amt | $148,383 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $148,383 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,616,409 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$45,588 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $406,808 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $361,220 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,255,189 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$976,713 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$976,713 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,278,476 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,845,317 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $406,808 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $976,713 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,383,521 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,461,796 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,461,796 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Uncertain tax Position (ASC 740) | Schedule D, Part X, Line 2 The Codification has issued guidance in accounting for uncertainties in income taxes which requires that the Foundation recognize in its financial statements the financial effects of a tax position, if that position is more likely than not of being sustained upon examination, including resolution of any appeals or litigation processes, based upon the technical merits of the tax position. The requirements also provide guidance on measurement, classification, interest and penalties and disclosure. Tax positions taken related to the Foundations tax exempt status, unrelated business activities taxable income and deductibility of expenses and other miscellaneous tax positions have been reviewed, and management is of the opinion that material positions taken would more likely than not be sustained by examination. Accordingly, the Foundation has not recorded an income tax liability for uncertain tax benefits. For the years ended December 31, 2015 and 2014, there were no interest or penalties recorded or included in the financial statements. |
| SCHEDULE D, PART XI, LINE 2D | SCHEDULE D, PART XI, LINE 4B Reconciliation of Revenue AMOUNT ON FORM 990, NOT ON LINE 1 Special Event Expenses Reported in Part VIII ($968,722) Loss on asset disposal recorded in Part VIII ($ 7,991) ---------- TOTAL ($976,713) ---------- |
| SCHEDULE D, PART XII, LINE 2D | RECONCILIATION OF EXPENSES AMOUNT ON FORM 990, NOT ON LINE 1 Special Event Expenses Recorded in Part VIII ($968,722) Loss on asset disposal Recorded in Part VIII ($ 7,991) ---------- TOTAL ($976,713) ----------- |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FightNight | Event1Nm |
| Gross Receipts Event1 | $1,281,505 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $817,777 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $463,728 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,271 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $219,158 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $335,343 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $51,926 | OtherDirectExpensesEvent1Amt |
| Event2 | Giving Gala | Event2Nm |
| Gross Receipts Event2 | $639,150 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $421,225 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $217,925 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $4,201 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $130,986 | RentFacilityCostsEvent2Amt |
| Entertainment Event2 | $143,849 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $37,106 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $103,125 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $49,202 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $53,923 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $3,887 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $15,559 | RentFcltyCostsOtherEventsAmt |
| Entertainment Other Events | $17,431 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $8,005 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,023,780 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,288,204 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $735,576 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $9,359 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $365,703 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $496,623 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $97,037 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $968,722 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$233,146 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Congress for the New Urbanism | ||||||||
| 140 S Dearborn Street | STE 404 | Chicago | IL | 60603 | 650483737 | 501(C)(3) | $10,000 | Sustaninable Community Partner volunteer event |
| Commit | ||||||||
| 3963 Maple Avenue Ste 290 | Dallas | TX | 75219 | 800790222 | 501(C)(3) | $20,000 | Donation | |
| Austin Street Center 2016 | ||||||||
| 2929 Hickory St | Dallas | TX | 75226 | 751881365 | 501(C)(3) | $45,000 | Re-design and renovation of entryway space | |
| Care Center Ministries 2016 | ||||||||
| 7912 Antoinette St | Dallas | TX | 75217 | 752306428 | 501(C)(3) | $25,000 | Construction of playground/community gathering spa | |
| Circuit Trail Conservancy 2016 | ||||||||
| 2001 Bryant St Ste 3275 | Dallas | TX | 75201 | 475680271 | 501(C)(3) | $100,000 | ||
| Citizens Development Center 20 | ||||||||
| 8800 Ambassador Row | Dallas | TX | 75247 | 751008422 | 501(C)(3) | $70,000 | ALC Project- outdoor garden space renovation | |
| Girl Scouts of Northeast Texas | ||||||||
| 6001 Summerside Dr | Dallas | TX | 75252 | 751101571 | 501(C)(3) | $50,000 | Re-design and renovation of camping pod | |
| Jubilee Park and Community Cen | ||||||||
| 917 Bank St | Dallas | TX | 75223 | 752726296 | 501(C)(3) | $30,000 | Affordable housing initiative support | |
| St Phillips School and Commun | ||||||||
| 1600 Pennsylvania Ave | Dallas | TX | 75215 | 751097360 | 501(C)(3) | $30,000 | Athletic field house remodel | |
| Trinity Environmental Academy | ||||||||
| 3837 Simpson Stuart Rd | Dallas | TX | 75214 | 455584496 | 501(C)(3) | $20,000 | Design and construction of outdoor play space | |
| Youth with Faces 2016 | ||||||||
| 6333 E Mockingbird Lane Suite 147 | Dallas | TX | 75214 | 300018778 | 501(C)(3) | $50,000 | Construction of greenhouse for youth clients | |
| ScholarShot Inc | ||||||||
| 2904 Swiss Avenue | Dallas | TX | 75204 | 270232250 | 501(C)(3) | $25,000 | 25th Anniversary Scholarship | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Monitoring Use of Grants | Schedule I, Part I, Line 2 OUR GRANTS ARE AWARDED BASED ON: 1) FORMAL GRANT APPLICATIONS THAT ARE SUBMITTED WITH PROJECT BUDGETS AND DETAILED FINANCIAL BACKGROUNDS FOR EACH QUALIFIED ORGANIZATION. 2) GRANT APPLICATIONS ARE REVIEWED BY VOLUNTEERS AND GRADED BASED ON KEY MISSION STANDARDS. 3) FOR APPROVED GRANTS, A FORMAL CONTRACT IS DRAFTED TO PROVIDE GUIDELINES OF HOW FUNDS WILL BE DISBURSED. 4) A TECHNICAL ASSISTANCE LIAISON IS ASSIGNED TO EACH PROJECT AND MUST APPROVE THE GRANT DISBURSEMENTS BASED ON THE CONTRACT TERMS (ESPECIALLY FOR REAL ESTATE DEVELOPMENT PROJECTS). 5) A FORMAL SUMMARY OF THE PROJECT IS REQUESTED FOR GRANT AWARDS THAT EXCEED $50K TO ENSURE THAT THE FUNDS WERE UTILIZED BASED ON THE ORIGINAL INTENT AS STATED IN THE GRANT APPLICATION. |
| DESCRIPTION OF NON-CASH ASSISTANCE | SCHEDULE I, PART II SIGNIFICANT HOURS OF PRO-BONO PROFESSIONAL SERVICES WERE AWARDED TO THESE PROJECTS BY THE MEMBERS OF OUR SISTER ORGANIZATION - THE REAL ESTATE COUNCIL, INC. THE VALUE OF THESE LEVERAGED SERVICES IS SUBSTANTIAL WITH REGARD TO REAL ESTATE DEVELOPMENT, TITLE WORK, LEGAL, ACCOUNTING, ARCHITECTURE, MENTORING, AND CURRICULUM DEVELOPMENT, AMONG OTHER SERVICES. THE PRO-BONO SERVICES WERE PROVIDED TO ALL ORGANIZATIONS NAMED AS GRANT RECIPIENTS, EXCLUDING THE VARIOUS OTHER PROJECTS. RECIPIENTS, EXCLUDING THE VARIOUS OTHER PROJECTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Linda McMahon | PersonNm |
| Title | CEO/President | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $194,670 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $95,000 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $26,107 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $5,545 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $321,322 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $45,000 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | CONTINGENT COMPENSATION | FormAndLineReferenceDesc |
| Explanation | SCHEDULE J, PART I, QUESTIONS 6A & 6B Linda McMahon, president, receives a bonus contingent on the overall performance of the Real Estate Council foundation, the Real Estate Council and the Real Estate Council Community Fund. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Volunteers | Part I, Question 6 TRECF utilizes volunteers to serve on the board of directors, to oversee Committees, and to assist with all operations of the foundation. Volunteers assist with projects and programs as well as fundraising Activities. In addition to direct service to TRECF, the foundation Deploys volunteers to other nonprofit agencies to lend their pro-bono Professional expertise. Volunteers also provide oversight and guidance for numerous real estate projects, throughout the city of Dallas to Service low-income neighborhoods and citizens. Delegation of Authority Form 990, Part VI, Section A, line 1B the executive committee reviewed and approved the financial statements. |
| Form 990 Review Process | Form 990, Part VI, Section B, Line 11b A thorough review is performed by the CFO. After all edits have been incorporated in the return, THE FINAL COPY IS PROVIDED TO THE TREASURER AND CHAIRMAN OF THE BOARD FOR REVIEW AND APPROVAL. |
| Conflict of Interest Policy | Form 990, Part VI, Section B, Line 12c TRECF follows a conflict of interest policy. The purpose of this conflict of interest policy is to protect the corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the corporation or might result in a possible excess benefit transaction. This policy is intended to supplement, but not replace any applicable state and federal laws governing conflicts of interest applicable to nonprofit and charitable organizations. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the interest and all material facts, and after any discussion with the interested person, the interested person shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members, as the case may be, shall decide if a conflict of interest exists. Any interested person may make a presentation at the governing board or committee meeting, but after the presentation, that person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. |
| Executive Compensation | Form 990, Part VI, Section B, Line 15a THE CEO AND OTHER OFFICERS OR KEY EMPLOYEES' COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE THAT DETERMINES THE SALARY AND BONUS STRUCTURE. THIS IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE. |
| Governing Documents | Form 990, Part VI, Section C, Line 19 The Financial Statements, Conflict of Interest Policy, and Form 990 are made available for public inspection upon request - either in electronic format or a printed version. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| The Real Estate Council Inc | ||||||||||
| 3100 McKinnon St Ste 1150 | Dallas | TX | 75201 | 752342376 | R E Support | TX | 501(C)(6) | N/A | NA | false |
| The Real Estate Council Political Action | ||||||||||
| 3100 McKinnon St Ste 1150 | Dallas | TX | 75201 | 043590401 | Campaign Supp | TX | N/A | N/A | NA | false |
| The Real Estate Council Community Fund | ||||||||||
| 3100 McKinnon St Ste 1150 | Dallas | TX | 75201 | 800718545 | Econ Dev | TX | 501(C)(3) | 07 | NA | false |
| TREC SPECIAL EVENTS INC | ||||||||||
| 3100 McKinnon St Ste 1150 | DALLAS | TX | 75201 | 464671936 | SPECIAL EVENT | TX | 501(C)(3) | 07 | NA | false |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Real Estate Council Community Fund | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 McKinnon St Ste 1150 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800818545 | EIN |
| Primary Activities | Loan Fund | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Real Estate Council Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | n | TransactionTypeTxt |
| Involved | $371,875 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |