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FACT INSTITUTE INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FACT INSTITUTE INC (EIN 84-2615567)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-12
IRS object ID
202421339349200337
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-12T10:28:00-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN811028211PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Trexler Financial ServicesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16638 Carlsbad RioAddressLine1Txt
CitySan AntonioCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78233ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN842615567EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FACT INSTITUTE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFACTBusinessNameControlTxt
Phone2102679134PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113032 NACOGDOCHES RDAddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78217ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIM SIMPSONPersonNm
Person TitleDIRECTOR OF OPERATIONSPersonTitleTxt
Phone2102679134PhoneNum
Signature2024-05-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKIMPersonFirstNm
Person LastSIMPSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole MurrayPreparerPersonNm
PTINP02054054PTIN
Phone8303905179PhoneNum
Preparation2024-05-09PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB0LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressWWW.FACTINSTITUTEINC.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$118,651GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$16,569ContributionsGiftsGrantsEtcAmt
Program Service Revenue$101,373ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$709FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$709SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$118,651TotalRevenueAmt
Grants And Similar Amounts Paid$0GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$0SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$86,015FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$20,227OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$69PrintingPublicationsPostageAmt
Other Expenses Total$18,749OtherExpensesTotalAmt
Total Expenses$125,060TotalExpensesAmt
Excess Or Deficit For Year-$6,409ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$25,887NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$2OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$19,480NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$25,887BOYAmt
EOY$19,480EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,887BOYAmt
EOY$19,480EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$25,887BOYAmt
EOY$19,480EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeEDUCATIONAL PURPOSESPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
FUNCTIONAL ACADEMICS: READING INDIVIDUALS WITH SIGNIFICANT COGNITIVE DISABILITIES CAN LEARN TO READ IF PROVIDED SYSTEMIC, INTENSIVE AND ONGOING INSTRUCTION. MATH WE TEACH STUDENTS HOW TO UNDERSTAND MONEY, BUDGETING AND TELLING TIME TO HELP THEM SHOP, SAVE FOR A BIG PURCHASE, OR CATCH THE BUS TO GET TO WORK.$0$62,530
COMMUNICATION/SOCIAL SKILLS: WE TEACH COMMUNICATION BY SHARING INFORMATION, COMMENTING, ASKING APPROPRIATE QUESTIONS, EXPRESSING WANTS AND NEEDS, AND DEVELOPING SOCIAL RELATIONSHIPS. SOCIAL SKILLS ARE SKILLS WE USE TO INTERACT WITH EACH OTHER THROUGH GESTURES, BODY LANGUAGE, AND OUR PERSONAL APPEARANCE.$0$41,687
TRANSITION SERVICES: WE PROVIDE TRANSITION MOVEMENT FROM SCHOOL-BASED INSTRUCTION TO ADULT SERVICES, TRAINING FOR JOBS, EDUCATION, EMPLOYMENT AND INDEPENDENT LIVING SKILLS. LIFE SKILLS CLASSES ARE TAUGHT IN THE AREAS OF INDEPENDENT LIVING, COMMUNITY OUTREACH, COPING WITH STRESS AND EMOTIONS, AND BEHAVIORAL PREPAREDNESS.$0$20,843
FieldValueIRS element (for citing)
Total Program Service Expenses$125,060TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KIM SIMPSON
PRESIDENT40$19,681$0$0
ASLEY STEWART
SECRETARY0.20$0$0$0
JESSICA HERNANDEZ
TRESURER0.20$0$0$0
ANABEL GONZALEZ
BOARD MEMBER0.20$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TREXLER FINANCIAL SERVICESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16638 CARLSBAD RIOAddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78233ZIPCd
FieldValueIRS element (for citing)
Phone8303905179PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School OperatingYes (1)SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3FormAndLineReferenceDesc
ExplanationDURING REGISTRATION AND IN BROCHURES FOR THE SCHOOLExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 16Description;Amount^ADVERTISING AND MARKETING;1426|BANK CHARGES AND FEES;77|CLASSROOM SUPPLIES;5205|DUES AND SUBSCRIPTIONS;139|INSURANCE;2365|FIELD TRIPS;1535|STUDENT MEALS;88|TEACHER STAFF MEALS;150|OFFICE SUPPLIES AND SOFTWARE;2166|QUICKBOOKS MERCHANT FEES;384|REIMBURSABLE EXPENSES;75|SPECIAL EVENTS;3311|TAXES AND LICENSES;62|TRAVEL FUEL;829|TRAVEL RENTAL VEHICLE;205|FUNDRAISING EXPENSES;732^Total;18749^
Form 990-EZ, Part I, Line 20Description;Amount^UNDEPOSITED FUNDS;2^Total;2^

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