THE REAL ESTATE COUNCIL FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE REAL ESTATE COUNCIL FOUNDATION (EIN 75-2510813)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201233219349300303
- Schema version
- 2011v1.3
- 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
- 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) |
|---|---|---|
| Timestamp | 2012-11-15T23:11:55-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 41 SOUTH HIGH STREET SUITE 1100 | AddressLine1 |
| City | COLUMBUS | City |
| State | OH | State |
| ZIP Code | 43215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752510813 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Real Estate Council Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % Carla Brandt | InCareOfName |
| Name Control | REAL | NameControl |
| Phone | 2146923603 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5430 LBJ FREEWAY | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75240 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Linda McMahon | Name |
| Title | President | Title |
| Date Signed | 2012-11-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6142327047 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Linda McMahon President CEO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5430 LBJ Freeway Suite 100 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 75240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1584618 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.recouncil.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 315 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 958469 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 457483 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 70475 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49187 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 22514 | InvestmentIncomePriorYear |
| Investment Income Current Year | 30886 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -281926 | OtherRevenuePriorYear |
| Other Revenue Current Year | 248943 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 769532 | TotalRevenuePriorYear |
| Total Revenue Current Year | 786499 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 388641 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 214245 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 272391 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 309663 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 180848 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 552540 | OtherExpensePriorYear |
| Other Expenses Current Year | 311655 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1213572 | TotalExpensesPriorYear |
| Total Expenses Current Year | 835563 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -444040 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -49064 | RevenuesLessExpensesCY |
| Total Assets BOY | 2422635 | TotalAssetsBOY |
| Total Assets EOY | 2186573 | TotalAssetsEOY |
| Total Liabilities BOY | 552281 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 365283 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1870354 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1821290 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Real Estate Council Foundation, commits the professional skills of our members and invests funds of our financial partners together with our own initiatives in four key areas: education, housing, jobs and the environment. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 202219 | Expense |
| Grants | 214245 | Grants |
| Revenue | 49187 | Revenue |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 422354 | Expense |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 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 organizations with the technical expertise and skills needed to analyze real estate needs. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 624573 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | true | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Carla Brandt | NamePerson |
| Telephone Number | 2146923600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5430 LBJ Freeway Suite 100 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 75240 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Kate W Alpert | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Susan Ansel | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Evan L Beattie | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Rob Bennett | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Suzanne Brasuell | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Kevin Bryant | ||||||
| Director/Secretary | 2.0 | X | 0 | 0 | 0 | X |
| Kimberly Byrun | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| James Curtin | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| R Scott Dennis | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Melissa Eastman | ||||||
| Director/Past Chairman | 2.0 | X | 0 | 0 | 0 | X |
| Sue Fish | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Mark D Gibson | ||||||
| Director/Chairman | 8.0 | X | 0 | 0 | 0 | X |
| Daniel Harrington | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Jay Hull | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Eric E Krueger | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Michael A Krywucki | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Melinda Lawrence | ||||||
| Director/Treasurer | 2.0 | X | 0 | 0 | 0 | X |
| Holts Lunsford | ||||||
| Director/Vice Chairman | 2.0 | X | 0 | 0 | 0 | X |
| Mitch Paradise | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Wendel M Pardue | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| John Reichenbach | ||||||
| Director/Asst. Treasurer | 2.0 | X | 0 | 0 | 0 | X |
| Eric Gilbert | ||||||
| Director | 1.0 | X | 0 | 0 | 0 | |
| Linda McMahon | ||||||
| President | 20.0 | 0 | 179692 | 6709 | X | |
| Kathleen Smith | ||||||
| Chief Financial Officer | 20.0 | 0 | 93595 | 3434 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 273287 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 10143 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | None | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Of Contractor | AddressOfContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 392738 | FundraisingEvents |
| All Other Contributions | 64745 | AllOtherContributions |
| Total Contributions | 457483 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALC TUITION & SPONSORSHIPS | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 49187 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49187 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49187 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30886 | TotalRevenueColumn |
| Exclusion | $30,886 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1047062 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 392738 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 798119 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 248943 | TotalRevenueColumn |
| Exclusion | $248,943 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 786499 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49187 | RelatedOrExemptFunctionIncome |
| Exclusion | $279,829 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214245 | Total |
| Program Services | 214245 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266042 | Total |
| Program Services | 172927 | ProgramServices |
| Management And General | 13302 | ManagementAndGeneral |
| Fundraising | 79813 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6951 | Total |
| Program Services | 4518 | ProgramServices |
| Management And General | 348 | ManagementAndGeneral |
| Fundraising | 2085 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15984 | Total |
| Program Services | 10390 | ProgramServices |
| Management And General | 799 | ManagementAndGeneral |
| Fundraising | 4795 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20686 | Total |
| Program Services | 13446 | ProgramServices |
| Management And General | 1034 | ManagementAndGeneral |
| Fundraising | 6206 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66565 | Total |
| Program Services | 42976 | ProgramServices |
| Management And General | 3370 | ManagementAndGeneral |
| Fundraising | 20219 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5000 | Total |
| Program Services | 3250 | ProgramServices |
| Management And General | 250 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50000 | Total |
| Program Services | 32500 | ProgramServices |
| Management And General | 2500 | ManagementAndGeneral |
| Fundraising | 15000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24374 | Total |
| Program Services | 15843 | ProgramServices |
| Management And General | 1219 | ManagementAndGeneral |
| Fundraising | 7312 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25734 | Total |
| Program Services | 16727 | ProgramServices |
| Management And General | 1287 | ManagementAndGeneral |
| Fundraising | 7720 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17764 | Total |
| Program Services | 11546 | ProgramServices |
| Management And General | 888 | ManagementAndGeneral |
| Fundraising | 5330 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60633 | Total |
| Program Services | 39412 | ProgramServices |
| Management And General | 3032 | ManagementAndGeneral |
| Fundraising | 18189 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 726 | Total |
| Program Services | 472 | ProgramServices |
| Management And General | 36 | ManagementAndGeneral |
| Fundraising | 218 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17435 | Total |
| Program Services | 17435 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26373 | Total |
| Program Services | 17142 | ProgramServices |
| Management And General | 1319 | ManagementAndGeneral |
| Fundraising | 7912 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5086 | Total |
| Program Services | 3306 | ProgramServices |
| Management And General | 254 | ManagementAndGeneral |
| Fundraising | 1526 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Association Dues | 2500 | 1625 | 125 | 750 |
| Printing | 4363 | 2836 | 218 | 1309 |
| Continuing Education | 1887 | 1887 | ||
| Bank/Credit Card fees | 3215 | 2090 | 161 | 964 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 835563 | Total |
| Program Services | 624573 | ProgramServices |
| Management And General | 30142 | ManagementAndGeneral |
| Fundraising | 180848 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 351494 | BOY |
| EOY | 27856 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1246344 | BOY |
| EOY | 1478355 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28570 | BOY |
| EOY | 12365 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 151736 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 91000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82804 | BOY |
| EOY | 60736 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 713423 | BOY |
| EOY | 607261 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2422635 | BOY |
| EOY | 2186573 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43204 | BOY |
| EOY | 20390 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 391466 | BOY |
| EOY | 338609 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83778 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33833 | BOY |
| EOY | 6284 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 552281 | BOY |
| EOY | 365283 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1845354 | BOY |
| EOY | 1706360 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25000 | BOY |
| EOY | 114930 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1870354 | BOY |
| EOY | 1821290 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2422635 | BOY |
| EOY | 2186573 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -49064 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 505507 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1766855 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1141716 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 958469 | CurrentTaxYearMinus1Year |
| Current Tax Year | 457483 | CurrentTaxYear |
| Total | 4830030 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 505507 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1766855 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1141716 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 958469 | CurrentTaxYearMinus1Year |
| Current Tax Year | 457483 | CurrentTaxYear |
| Total | 4830030 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 4830030 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 39645 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 105341 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 40063 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13717 | CurrentTaxYearMinus1Year |
| Current Tax Year | 30886 | CurrentTaxYear |
| Total | 229652 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5059682 | TotalSupport |
| Gross Receipts From Admissions Etc | 1853267 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.95461 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.94630 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25000 | BeginningOfYearBalance |
| End Of Year Balance | 25000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50000 | BeginningOfYearBalance |
| Contributions | 25000 | Contributions |
| Other Expenditures | 50000 | OtherExpenditures |
| End Of Year Balance | 25000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| End Of Year Balance | 50000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2073695 | BeginningOfYearBalance |
| Contributions | 185000 | Contributions |
| Investment Earnings Or Losses | -521491 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 185000 | GrantsOrScholarships |
| Other Expenditures | 1552199 | OtherExpenditures |
| Administrative Expenses | 5 | AdministrativeExpenses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19750 | OtherCostOrOtherBasis |
| Depreciation | 8338 | Depreciation |
| Book Value | 11412 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 131986 | OtherCostOrOtherBasis |
| Depreciation | 82662 | Depreciation |
| Book Value | 49324 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 60736 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 786499 | TotalRevenue |
| Total Expenses | 835563 | TotalExpenses |
| Excess Or Deficit For Year | -49064 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -49064 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1664618 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 878119 | OtherRevenues |
| Revenue Not Rptd F990 | 878119 | RevenueNotRptdF990 |
| Revenue Subtotal | 786499 | RevenueSubtotal |
| Total Revenue Per Form990 | 786499 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1634515 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 798952 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 798952 | ExpensesNotRptdF990 |
| Expenses Subtotal | 835563 | ExpensesSubtotal |
| Total Expenses Per Form990 | 835563 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part X, FIN 48 (ASC 740) FOOTNOTE | Identifier |
| Explanation | The Codification has issued guidance in accounting for uncertainties in income taxes which requires that the Foundation recognize in its consolidated 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, 2011 and 2010, there were no interest or penalties recorded or included in the consolidated financial statements. As of December 31, 2011, tax years 2008 through 2010 remain subject to examination by the Internal Revenue Service. Part XII, Line 2d Reconciliation of Revenue direct special event expenses - $798,119 Non-Foundation revenue included in consolidated AFS - $80,000 Total - $878,119 Part XIII, Line 2d Reconciliation of Expenses direct special event expenses - $798,119 non-foundation expenses included in consolidated AFS - $833 Total - $798,952 | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | fightnight | NameOfEvent1 |
| Gross Receipts Event1 | 946971 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 946971 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 133737 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 133549 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 48946 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 147510 | OtherDirectExpensesEvent1 |
| Name Of Event2 | giving gala | NameOfEvent2 |
| Gross Receipts Event2 | 459514 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 392738 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 66776 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 28074 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 90170 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 62500 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 136423 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 33315 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 33315 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 17210 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1439800 | GrossReceiptsTotal |
| Charitable Contributions Total | 392738 | CharitableContributionsTotal |
| Gross Revenue Total Events | 1047062 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 161811 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 223719 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 111446 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 301143 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 798119 | DirectExpenseSummaryEvents |
| Net Income Summary | 248943 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Big Thought | |||||||
| 2501 Oak Lawn Ave Suite 550 LB 4 | Dallas | TX | 75219 | 752305037 | 501(c)(3) | 15000 | Fund an after-school, educational program |
| Boys & Girls Club | |||||||
| 4816 Worth Street | Dallas | TX | 75246 | 751152657 | 501(c)(3) | 60000 | Increase capacity for after-school and summer programs |
| Paul Quinn College | |||||||
| 3837 simpson Stuart Road | Dallas | TX | 75241 | 752726296 | 501(C)(3) | 40000 | Construct a greenhouse so the existing farm can harvest seeds, ulitmately leading to more abundant production in year round growing seasons |
| East Dallas Community Organization | |||||||
| 4210 Junius Street | Dallas | TX | 75246 | 311513768 | 501(C)(3) | 10000 | Revilization plan for the Dolphin Heights Community |
| St Philips School and Community Center | |||||||
| 1600 Pennsylvania Avenue | Dallas | TX | 75215 | 751097360 | 501(C)(3) | 40000 | Expand the food pantry space to double the # of families fed |
| Promise House | |||||||
| 224 West Page | Dallas | TX | 75208 | 752180083 | 501(C)(3) | 35544 | finish out excess storage space for use as a multifunctional room |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Schedule I | Description of Organization's Procedures for Monitoring the Use of Grants | Our grants are awarded based on: 1) Formal grant applications that are submitYed with project budgets and detailed financial backgrounds for each qualified organization; 2) grants 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); and finally 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Linda McMahon | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 179692 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 6709 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 186401 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Schedule O | ReturnReference |
| Explanation | Volunteers Form 990, 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 to provide oversight and guidance for numerous real estate projects, throughout the city of Dallas, serving low-income neighborhoods and citizens. Describe Process used by Management &/or Governing Body to Review 990 Form 990, Part VI, Question 11B A thorough review is performed by the President as well as the Finance Committee and officers of The Real Estate Council Foundation (TRECF). After all edits have been incorporated in the return, a draft of the final return is made available to all 2010 voting members of TREC for review and final approval. Description of Process to Monitor Transactions for Conflicts of Interest Form 990, Part VI, Question 12c TREC has a formal conflict of interest policy that is provided to each Board member at the beginning of each membership year. A new signature and disclosure is required for every new or returning Board member. All forms and signatures are filed in our office. Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts Gen Public Form 990, Part VI, Question 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. | Explanation |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TREC Fight Night LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5430 LBJ Freeway Suite 100 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 75240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272043247 | EIN |
| Primary Activities | Produce & Man | PrimaryActivities |
| Legal Domicile State | TX | LegalDomicileState |
| Total Income | 301 | TotalIncome |
| EOY Assets | 298 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRECF | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| The Real Estate Council Inc | ||||||||||
| 5430 LBJ Freeway Suite 100 | Dallas | TX | 75240 | 752342376 | R.E. Support | TX | 501(c )(6) | N/A | NA | false |
| Real Estate Council Community Leadership | ||||||||||
| 5430 LBJ Freeway Suite 100 | Dallas | TX | 75240 | 043590401 | Campaign Supp | TX | 527 | N/A | NA | false |
| TREC Community Issues Committee | ||||||||||
| 5430 LBJ Freeway Suite 100 | Dallas | TX | 75240 | Campaign Supp | TX | 527 | N/A | NA | false | |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Real Estate Council Community Fund | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5430 LBJ Freeway Suite 100 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 75240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800718545 | EIN |
| Primary Activity | loan fund | PrimaryActivity |
| Legal Domicile State | TX | LegalDomicileState |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| The Real Estate Council - CDFI | ||
| q | 80000 | fmv |
| The Real Estate Council Inc | ||
| m | 108634 | fmv |
| The Real Estate Council Inc | ||
| n | 150000 | fmv |
| The Real Estate Council Inc | ||
| o | 162313 | fmv |