THE SPARKS FOUNDATION INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE SPARKS FOUNDATION INC (EIN 20-0396160)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-16
- IRS object ID
- 201131369349101783
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Land Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T12:48:33-07:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Armstrong & Wurster LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3487 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 797023487 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200396160 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sparks Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SPAR | NameControl |
| Phone | 4326835203 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Ste 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | C Todd Sparks | Name |
| Title | Secretary | Title |
| Date Signed | 2011-05-16 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Andrew E Armstrong CPA | Name |
| Phone | 4326826258 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 1568088 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 98391 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 10531 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 10531 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 10531 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 19356 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 19356 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 19356 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 27711 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1116230 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 27711 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1444 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1444 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 1444 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 157433 | TotalRevenueAndExpenses |
| Total Net Investment Income | 59042 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 31331 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 3750 | AccountingFeesRevAndExpnss |
| Taxes Rev And Expnss | 2144 | TaxesRevAndExpnss |
| Deprec And Depletion Rev And Expnss | 0 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 13300 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 19194 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 48700 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 48700 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 67894 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 48700 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 89539 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 59042 | NetInvestmentIncome |
| Adjusted Net Income | 31331 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 264503 | CashBOY |
| Cash EOY | 301504 | CashEOY |
| Cash EOYFMV | 301504 | CashEOYFMV |
| Prepaid Expenses BOY | 800 | PrepaidExpensesBOY |
| Prepaid Expenses EOY | 628 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 628 | PrepaidExpensesEOYFMV |
| Investments Corp Stock BOY | 955549 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 1008691 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 1008691 | InvestmentsCorpStockEOYFMV |
| Investments Land Etc Basis | 167205 | InvestmentsLandEtcBasis |
| Investments Land Etc BOY | 167205 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 167205 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 167205 | InvestmentsLandEtcEOYFMV |
| Other Assets BOY | 90492 | OtherAssetsBOY |
| Other Assets EOY | 90060 | OtherAssetsEOY |
| Other Assets EOYFMV | 90060 | OtherAssetsEOYFMV |
| Total Assets BOY | 1478549 | TotalAssetsBOY |
| Total Assets EOY | 1568088 | TotalAssetsEOY |
| Total Assets EOYFMV | 1568088 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1478549 | UnrestrictedBOY |
| Unrestricted EOY | 1568088 | UnrestrictedEOY |
| Total Net Assets BOY | 1478549 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1568088 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1478549 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1568088 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1478549 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 89539 | ExcessOfRevenueOverExpenses |
| Subtotal | 1568088 | Subtotal |
| Total Net Assets Fund Balances EOY | 1568088 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| ML 2011 Publicly Traded Securities | P | 2006-01-01 | 2010-06-30 | 14036 | 12026 | 2010 | 2010 |
| ML 2011 Publicly Traded Securities | P | 2010-06-30 | 2010-09-30 | 392245 | 428857 | -36612 | -36612 |
| ML 2011 Publicly Traded Securities | P | 2010-06-30 | 2010-09-30 | 274931 | 241028 | 33903 | 33903 |
| ML 2084 Publicly Traded Securities | P | 2001-01-01 | 2010-06-30 | 425018 | 393963 | 31055 | 31055 |
| ML 2084 Publicly Traded Securities | P | 2010-02-10 | 2010-04-30 | 10000 | 12645 | -2645 | -2645 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 27711 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -5354 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Noncharitable Assets Year1 | 1089736 | NoncharitableAssetsYear1 |
| Qualifying Distributions Year2 | 36000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 998742 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.03605 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 48500 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 935980 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.05182 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 213681 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 941110 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.22705 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 10500 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 662754 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.01584 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.33076 | TotalDistributionRatio |
| Average Distribution Ratio | 0.06615 | AverageDistributionRatio |
| Net Noncharitable Assets | 1325123 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 87658 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 590 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 88248 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 48700 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 1181 | InvestmentIncomeExciseTax |
| Subtotal | 1181 | Subtotal |
| Tax Based On Investment Income | 1181 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 628 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 628 | TotalCreditsAndPayments |
| Tax Due | 553 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C Todd Sparks | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 4326835203 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Ste 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Kevin Sparks | ||||||
| 800 N Marienfeld Ste 100 | Midland | TX | 79701 | Treasurer | 2.00 | 0 |
| C Todd Sparks | ||||||
| 800 N Marienfeld Ste 100 | Midland | TX | 79701 | Secretary | 2.00 | 0 |
| W Jeffrey Sparks | ||||||
| 800 N Marienfeld Ste 100 | MIdland | TX | 79701 | Vice President | 2.00 | 0 |
| Don Sparks | ||||||
| 800 N Marienfeld | Midland | TX | 79701 | President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 803343 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 284067 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 257893 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1345303 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 1345303 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 20180 | CashDeemedCharitable |
| Net Noncharitable Assets | 1325123 | NetNoncharitableAssets |
| Minimum Investment Return | 66256 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 66256 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 1181 | TaxBasedOnInvestmentIncome |
| Total Tax | 1181 | TotalTax |
| Distributable Amount Before Adj | 65075 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 65075 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 65075 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 48700 | ExpensesAndContributions |
| Qualifying Distributions | 48700 | QualifyingDistributions |
| Adj Qualifying Distributions | 48700 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 65075 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year4 | 78005 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 7490 | ExcessDistriCarryoverYear3 |
| Total Excess Distri Carryover | 85495 | TotalExcessDistriCarryover |
| Qualifying Distributions | 48700 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 48700 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 16375 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 16375 | ExcessDistriCyovAppliedCY |
| Total Corpus | 69120 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 69120 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 61630 | ExcessFromYear4 |
| Excess From Year3 | 7490 | ExcessFromYear3 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kevin Sparks | ContributingManager |
| Contributing Manager | C Todd Sparks | ContributingManager |
| Contributing Manager | W Jeffrey Sparks | ContributingManager |
| Contributing Manager | Don Sparks | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | The Sparks Foundation Inc | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Suite 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 4326835203 | RecipientPhoneNumber |
| Form And Info And Materials | Prescribed Forms | FormAndInfoAndMaterials |
| Submission Deadlines | 90 Days prior to requested Funding Date | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Recipient Foundation StatusRecipientFoundationStatus |
|---|---|---|---|---|---|---|---|
| Manor Park Inc | |||||||
| 2208 N loop 250 W | Midland | TX | 79707 | NOne | Provide Nursing service for the elderly and disabled. | $200 | |
| Texas Public Policy Foundation | |||||||
| 900 Congress Ave Suite 400 | Austin | TX | 78701 | NOne | Assist to promote and defend liberty, personal responsibility, and free enterprise in Texas and the nationby educating and affecting policymakers with academically sound research and outreach. | $48,500 | 501(c)3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 48700 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 10531 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 19356 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 27711 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Royalty Trusts | Description |
| Related Or Exempt Function Income | 1444 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 59042 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 59042 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | C Todd Sparks | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Ste 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 98391 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL FEES | Category |
| Amount | $3,750 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItem |
| Cost Or Other Basis | 167205 | CostOrOtherBasis |
| Book Value | 167205 | BookValue |
| EOYFMV | 167205 | EOYFMV |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Note Rec - Atchison | Description |
| BOY Book Value | 90492 | BOYBookValue |
| EOY Book Value | 90060 | EOYBookValue |
| EOYFMV | 90060 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| ROYALTY TRUST EXPENSES | 165 |
| DEPLETION | 2181 |
| BANK CHARGES | 10954 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Royalty Trusts | Description |
| Revenue And Expenses Per Books | 1444 | RevenueAndExpensesPerBooks |
| Net Investment Income | 1444 | NetInvestmentIncome |
| Adjusted Net Income | 1444 | AdjustedNetIncome |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount |
|---|---|
| Property Taxes | $1,873 |
| Foreign Taxes | $99 |
| Federal Income Tax | $172 |