MUSTANGS FOREVER INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MUSTANGS FOREVER INC (EIN 20-0445652)
- Tax period
- 2024-12-01 to 2025-11-30
- Filed
- 2026-06-23
- IRS object ID
- 202611749349100506
- Schema version
- 2024v5.2
- 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
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-06-23T09:43:56-04:00 | ReturnTs |
| Tax Period End | 2025-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061836746 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kerr Business Services | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 924 Jefferson St | AddressLine1Txt |
| City | Kerrville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200445652 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSTANGS FOREVER INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RANDALL OLSON | InCareOfNm |
| Business Name Control | MUST | BusinessNameControlTxt |
| Phone | 8308955666 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4751 GOAT CREEK ROAD | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDALL OLSON | PersonNm |
| Person Title | EXECUTIVE DIRCTOR | PersonTitleTxt |
| Phone | 8308955666 | PhoneNum |
| Signature | 2026-04-07 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRACI MOELLER E A | PreparerPersonNm |
| PTIN | P00748409 | PTIN |
| Phone | 8302577733 | PhoneNum |
| Preparation | 2026-06-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,459,169 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $187,403 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $452 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $452 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $28,609 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $28,609 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$8,018 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,693 | GrossSalesPriceAmt |
| Total Rev And Expnss | $208,446 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $29,061 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $148,800 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $148,800 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,100 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $11,467 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $11,467 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $126,894 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $55,921 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $55,921 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $17,941 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $17,941 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $39,876 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $39,876 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $401,999 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $275,105 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $23,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $23,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $425,099 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $298,205 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$216,653 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $29,061 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $107,703 | CashBOYAmt |
| Cash EOY | $165,747 | CashEOYAmt |
| Cash EOYFMV | $165,747 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $630,357 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $200,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $200,000 | SavAndTempCashInvstEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,940,001 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $825,640 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,124,692 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,114,361 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $3,677,500 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $473,215 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,415,922 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,415,922 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $2,335,967 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,896,030 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,459,169 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $3,281 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,253 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,281 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,253 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,332,686 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,892,777 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,332,686 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,892,777 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,335,967 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,896,030 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,332,686 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$216,653 | ExcessRevenueOverExpensesAmt |
| Other Increases | $776,744 | OtherIncreasesAmt |
| Subtotal | $2,892,777 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,892,777 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 178SH ALBEMARLE CORP COM | P | 2023-01-01 | 2025-04-09 | $10,526 | $19,553 | -$9,027 | -$9,027 |
| 2H VANGUARD WORLD FDS | P | 2023-01-01 | 2025-04-17 | $1,012 | $514 | $498 | $498 |
| 7SH NVIDIA CORP COM | P | 2023-01-01 | 2025-07-14 | $1,155 | $644 | $511 | $511 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$8,018 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $404 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $404 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $404 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $500 | TotalPaymentsAndCreditsAmt |
| Overpayment | $96 | OverpaymentAmt |
| Applied To ES Tax | $96 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPSMUSTANGS4EVER.ORG | WebsiteAddressTxt |
| Individual With Books | MARSHA OLSON | IndividualWithBooksNm |
| Phone | 8308955666 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4751 GOAT CREEK ROAD | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MARSHA OLSON | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | SECRETARYTREASURER | 40.00 | $0 | $0 | $0 |
| KENNETH KENSING | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| JIM BEHRENS | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | 2ND VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| RANDY OLSON | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | EXECUTIVE DIRECTOR | 30.00 | $0 | $0 | $0 |
| ELIZABETH OLSON | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | PRESIDENT | 10.00 | $0 | $0 | $0 |
| AUBREY HENDERSON | ||||||||
| 113 WASHINGTON STREET | INGRAM | TX | 78025 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SHAWN HENDERSON | ||||||||
| 371 INDIAN CREEK ROAD | INGRAM | TX | 78025 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BILL MOORE | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| TYE STEPHENS | ||||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDE VETERINARY CARE SHELTER FEEDING AND TRAINING OF WILD MUSTANGS PROCURED FROM THE BUREAU OF LAND MANAGEMENT | Description1Txt |
| Expenses1 | $425,099 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $693,209 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $356,899 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,050,108 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,050,108 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $336,046 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $714,062 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $35,703 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $35,703 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $404 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $404 | TotalTaxAmt |
| Distributable Before Adj | $35,299 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $35,299 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $35,299 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $298,205 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $126,894 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $425,099 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $35,299 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $425,099 | QualifyingDistributionsAmt |
| Applied To Current Year | $35,299 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $389,800 | RemainingDistriFromCorpusAmt |
| Total Corpus | $389,800 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $389,800 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $389,800 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| KERR COUNTY JR LIVESTOCK SHOW | |||||||
| 3785 TX-27 | KERRVILLE | TX | 78028 | PUBLIC CHARITY 501C3 | NC | YOUTH DEVELOPMENT THROUGH AGRICULTURE | $5,600 |
| HILL DISTRICT GRANDSTAND SHOW | |||||||
| 3785 TX-27 | Kerrville | TX | 78028 | PUBLIC CHARITY 501C3 | NC | SUPPORT YOUTH DEVELOPMENT THROUGH AGRICULTURE | $1,000 |
| FOREVER BRANDED | |||||||
| 158 PRIVATE ROAD 3456 | Paradise | TX | 76073 | PUBLIC CHARITY 501C3 | NC | WILD HORSE AND BURRO ADOPTION | $6,000 |
| CODY ADAMS MEMORIAL | |||||||
| 3785 HWY 2 | Kerrville | TX | 78028 | PUBLIC CHARITY 501C3 | NC | SCHOLARSHIP FOR LOCAL SENIORS | $500 |
| KRYSTAL CATES | |||||||
| 4751 GOAT CREEK ROAD | KERRVILLE | TX | 78028 | SCHOLARSHIP RECIPIEN | I | SCHOLARSHIP RECIPIENT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $23,100 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTIONS | Desc |
| Related Or Exempt Function Incm | $187,403 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $452 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,609 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$8,018 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $21,043 | ExclusionAmt |
| Related Or Exempt Function Incm | $187,403 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $208,446 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETTY J BELL CHARITABLE TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 GOAT CREEK ROAD | AddressLine1Txt |
| City | KERRVILLE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $185,403 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $1,100 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,100 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | THIS CASH AND CASH ALTERNATIVES IN CASE OF OPERATING EXPENSE NEEDS | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (21 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| FENCING | 2019-06-01 | $135,569 | $117,411 | M | 7 | $12,106 | $0 | $0 |
| TRAILER | 2019-10-31 | $7,199 | $6,234 | M | 7 | $643 | $0 | $0 |
| ROAD WORK | 2010-02-15 | $35,000 | $33,968 | ALT | 15 | $1,032 | $0 | $0 |
| WELL FOR BARN | 2010-03-10 | $9,940 | $9,645 | ALT | 15 | $293 | $0 | $0 |
| BRUSH CLEARING | 2010-05-13 | $45,864 | $44,512 | ALT | 15 | $1,352 | $0 | $0 |
| BARN | 2011-11-21 | $156,000 | $108,183 | ALT | 20 | $6,954 | $0 | $0 |
| BARN COMPLETION | 2011-12-31 | $66,058 | $56,310 | ALT | 15 | $3,897 | $0 | $0 |
| BUILDINGS ON 1451 ACRES | 2014-06-12 | $240,000 | $74,857 | SL | 39 | $6,154 | $0 | $0 |
| NEW FENCE | 2018-02-12 | $20,065 | $9,995 | ALT | 15 | $1,184 | $0 | $0 |
| ROAD WORK | 2020-08-11 | $20,240 | $7,627 | ALT | 15 | $1,261 | $0 | $0 |
| 4751 GOAT CREEK ROAD HOUSE | 2020-11-13 | $660,000 | $97,001 | SL | 27.5 | $24,000 | $0 | $0 |
| ROAD WORK | 2021-03-24 | $11,200 | $3,444 | M | 15 | $776 | $0 | $0 |
| MOWER | 2021-06-22 | $15,000 | $10,313 | M | 7 | $670 | $0 | $0 |
| 2023 FORD F150 | 2023-05-09 | $79,652 | $41,419 | M | 5 | $15,293 | $0 | $0 |
| S740 T4 BOBCAT SKIDSTEER LOADER | 2023-01-17 | $23,000 | $8,920 | M | 7 | $4,023 | $0 | $0 |
| E35 25HP R2 BOBCAT COMPACT EXCAVATOR | 2023-01-27 | $53,000 | $20,554 | M | 7 | $9,270 | $0 | $0 |
| 2 KAWASAKI MULES | 2023-01-16 | $45,118 | $17,496 | M | 7 | $7,891 | $0 | $0 |
| 2024 KAWASAKI | 2024-01-26 | $10,824 | $1,547 | M | 7 | $2,651 | $0 | $0 |
| MILLER WELDER | 2024-06-20 | $7,315 | $1,045 | M | 7 | $1,791 | $0 | $0 |
| 2024 DODGE RAM 3500 BIG HORN | 2024-01-25 | $78,269 | $15,654 | M | 5 | $25,046 | $0 | $0 |
| ISY3300 72 MOWER | 2025-09-16 | $17,000 | M | 7 | $607 | $0 | $0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND | $195,094 | $0 | $195,094 | $702,000 |
| BUILDINGS | $1,124,024 | $338,312 | $785,712 | $2,439,000 |
| EQUIPMENT | $326,677 | $244,398 | $82,279 | $194,500 |
| OTHER | $294,206 | $242,930 | $51,276 | $342,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PUBLICLY TRADED SECURITES | CategoryOrItemTxt |
| Book Value | $1,415,922 | BookValueAmt |
| EOYFMV | $1,415,922 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADVERTISING | $515 | $0 | $0 | $515 |
| OFFICE EXPENSES | $4,126 | $0 | $0 | $4,126 |
| INSURANCE | $976 | $0 | $0 | $976 |
| HORSE PROGRAM EXPENSES | $28,270 | $0 | $0 | $28,270 |
| EQUIPMENT RENTAL | $5,106 | $0 | $0 | $5,106 |
| SUPPLIES | $273 | $0 | $0 | $273 |
| PROMOTIONAL | $610 | $0 | $0 | $610 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUST INVESTMENT VALUES TO ACTUAL | Desc |
| Amt | $776,744 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES PAYABLE | Desc |
| BOY Book Value | $3,281 | BOYBookValueAmt |
| EOY Book Value | $3,253 | EOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETTY J BELL CHARITABLE TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 GOAT CREEK ROAD | AddressLine1Txt |
| City | Kerrville | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78028 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $11,467 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $11,467 | DisbursementsCharitablePrpsAmt |