CARL E KESSLER FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CARL E KESSLER FAMILY FOUNDATION (EIN 75-2567397)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-16
- IRS object ID
- 202421379349101112
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-16T16:53:49-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 832960772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J A Garrison & Co CPA's PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6912 NE Loop 820 | AddressLine1Txt |
| City | N Richland Hills | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76180 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752567397 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carl E Kessler Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KESS | BusinessNameControlTxt |
| Phone | 9403255629 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 121579 | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 761211579 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Carla Kessler | PersonNm |
| Person Title | Secretary/Treasurer | PersonTitleTxt |
| Phone | 9403255629 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Carla | PersonFirstNm |
| Person Last | Kessler | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JA Garrison CPA | PreparerPersonNm |
| PTIN | P00218920 | PTIN |
| Phone | 8173323921 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,311,006 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $16,758 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,758 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $150,143 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $150,143 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $6,040 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $6,040 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$67,128 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$20,320 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,998,782 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$69 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$69 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $152,552 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $172,872 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $117,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $58,750 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,075 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,075 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $76 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,739 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,739 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $7,749 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $10,707 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $326 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $326 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $103,283 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $96,574 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $245,748 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $183,171 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $345,030 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $345,030 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $590,778 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $183,171 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $345,030 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$438,226 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,316,967 | CashBOYAmt |
| Cash EOY | $546,404 | CashEOYAmt |
| Cash EOYFMV | $546,404 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,255,656 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,206,922 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,206,922 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,458 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $3,908 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,908 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $345,877 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $169,182 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $181,307 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $176,695 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $216,646 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $2,400,145 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,387,648 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,387,648 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $176,010 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $176,010 | LandBOYAmt |
| Land EOY | $176,010 | LandEOYAmt |
| Land EOYFMV | $949,478 | LandEOYFMVAmt |
| Total Assets BOY | $7,335,543 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,497,587 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,311,006 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $17,091 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $37,374 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $17,091 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,374 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $6,499,481 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $6,499,481 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $818,971 | RetainedEarningBOYAmt |
| Retained Earning EOY | $960,732 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,318,452 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,460,213 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,335,543 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,497,587 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,318,452 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$438,226 | ExcessRevenueOverExpensesAmt |
| Other Increases | $586,205 | OtherIncreasesAmt |
| Subtotal | $7,466,431 | SubtotalAmt |
| Other Decreases | $6,218 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,460,213 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| Publically Traded Securities - TD Ameritrade | 2023-01-01 | 2023-12-31 | $53,640 | $37,896 | $15,744 | $15,744 | |
| Publically Traded Securities - TD Ameritrade | 2020-05-06 | 2023-12-31 | $274,626 | $263,536 | $11,090 | $11,090 | |
| Publically Traded Securities - Schwab | 2023-01-01 | 2023-12-31 | $55,153 | $55,745 | -$592 | -$592 | |
| Publically Traded Securities - Schwab | 2020-04-22 | 2023-12-31 | $220,030 | $231,158 | -$11,128 | -$11,128 | |
| Publically Traded Securities - Springer | 2021-01-01 | 2023-12-31 | $608,230 | $635,119 | -$26,889 | -$26,889 | |
| Publically Traded Securities - Siebert | 2021-01-01 | 2023-12-31 | $786,304 | $795,648 | -$9,344 | -$9,344 | |
| Capital Gains Dividends | $799 | $799 | $799 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$20,320 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,908 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,908 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $3,908 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $3,908 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Carla Kessler | IndividualWithBooksNm |
| Phone | 8177931951 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 121579 | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| David R Kessler | ||||||||
| 13 Cliff Drive | Mineral Wells | TX | 76067 | Vice President | 20.00 | $50,000 | $0 | $1,764 |
| Carla K Kessler | ||||||||
| PO Box 123212 | Fort Worth | TX | 76121 | Secretary/Treasurer | 20.00 | $57,500 | $0 | $1,233 |
| Karen Garrison | ||||||||
| PO Box 121579 | Fort Worth | TX | 76121 | President | 20.00 | $10,000 | $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 |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,893,897 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,084,987 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $505,739 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,484,623 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,484,623 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $112,269 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,372,354 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $368,618 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $368,618 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $368,618 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $368,618 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $368,618 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $345,030 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $345,030 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $368,618 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $32,611 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $32,611 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $345,030 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $345,030 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $23,588 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $23,588 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,023 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,023 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $9,023 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| Brazos Foundation | |||||
| PO Box 901 | Mineral Wells | TX | 76068 | Education | $2,000 |
| Careity Foundation | |||||
| PO Box 126038 | Fort Worth | TX | 76126 | Human Service | $10,000 |
| Charity Navigator | |||||
| 139 Harristown Road Suite 101 | Glen Rock | NJ | 07452 | Human Service | $275,000 |
| Citizens for Animal Protection | |||||
| 17555 Katy Fwy | Houston | TX | 77094 | Animal Welfare | $1,555 |
| Communities in Schools Dallas Region | |||||
| 1341 W Mockingbird Ln 1000E | Dallas | TX | 75247 | Education | $5,000 |
| Ducks Unlimited Inc | |||||
| One Waterfowl Way | Memphis | TN | 38120 | Animal Welfare | $1,500 |
| Going Home - Rescue Transport | |||||
| 1127 Huntington Drive | Richardson | TX | 75080 | Animal Welfare | $5,000 |
| HALO Foundation | |||||
| 100 Spanish Oak Rd | Willow Park | TX | 76087 | Human Service | $2,000 |
| Hope Domestic Violence | |||||
| PO Box 1650 | Mineral Wells | TX | 76068 | Human Service | $5,000 |
| Military Museum of Fort Worth | |||||
| 1728 Green Oaks Road | Fort Worth | TX | 76116 | Veteran Support | $10,000 |
| Mineral Wells Senior Center | |||||
| 102 NW 6th Ave | Mineral Wells | TX | 76067 | Human Welfare | $7,500 |
| Noon Lion's Club | |||||
| 1106 Wilson Rd | Conroe | TX | 77301 | Social Services | $2,000 |
| Salvation Army | |||||
| 1855 East Lancaster Ave | Fort Worth | TX | 76103 | Human Service | $5,000 |
| The Net | |||||
| 1100 Hemphill St 25 | Fort Worth | TX | 76104 | Human Services | $5,000 |
| Voices Project USA | |||||
| 307 FIFTH AVENUE 15TH FL | Brooklyn | NY | 100166566 | Human Rights | $5,000 |
| Weatherford Parker C Animal Shelter | |||||
| 403 Hickory Ln | Weatherford | TX | 76086 | Animal Welfare | $1,000 |
| Wings of Hope | |||||
| 18370 Wings of Hope Blvd | St Louis | MO | 63005 | Human Service | $2,475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $345,030 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,758 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $150,143 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$67,128 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$20,320 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Investments-K-1 | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$69 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $79,384 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $79,384 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | The sale of the property contributed funds for investment to |
| 8 | accomplish its purposes. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $5,075 | Amt |
| Net Investment Income | $5,075 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (30 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| 559 Grant Rd - Land | 2006-01-01 | $8,240 | L | $0 | $0 | ||
| 559 Grant Rd - Building | 2006-01-01 | $12,310 | SL | $316 | $316 | $5,372 | 39.000000000000 |
| 560 Grant Rd - Land | 2006-01-01 | $37,620 | L | $0 | $0 | ||
| 560 Grant Rd - Building | 2006-01-01 | $15,240 | SL | $391 | $391 | $6,647 | 39.000000000000 |
| Overhead door repair | 2006-06-26 | $6,000 | SL | $154 | $154 | $2,541 | 39.000000000000 |
| Building Improvements | 2006-09-28 | $18,170 | SL | $466 | $466 | $7,572 | 39.000000000000 |
| Building Improvements | 2006-11-10 | $12,340 | SL | $316 | $316 | $5,109 | 39.000000000000 |
| 558 Grant Rd. - Land | 2006-01-01 | $20,900 | L | $0 | $0 | ||
| 558 Grant Rd. - Building | 2006-01-01 | $64,600 | SL | $1,656 | $1,656 | $27,649 | 39.000000000000 |
| 553 Grant Rd. - Land | 2006-01-01 | $4,040 | L | $0 | $0 | ||
| 553 Grant Rd. - Building | 2006-01-01 | $26,140 | SL | $670 | $670 | $11,390 | 39.000000000000 |
| 300 Industrial, Bldg # 336 - Land | 2006-01-01 | $6,659 | L | $0 | $0 | ||
| 300 Industrial, Bldg # 336 - Building | 2006-01-01 | $11,291 | SL | $290 | $290 | $4,930 | 39.000000000000 |
| 2003 Chevy 1500 | 2006-12-13 | $16,114 | 200DB | $0 | $0 | $16,114 | 5.000000000000 |
| 18 ft Trailer - C&S Trailers | 2006-05-11 | $2,075 | 200DB | $0 | $0 | $2,075 | 5.000000000000 |
| 560 Bld Imprvmnts-Bathroom addn/rehab | 2011-10-05 | $3,394 | SL | $87 | $87 | $979 | 39.000000000000 |
| Tractor Implements-Equipment | 2012-08-18 | $13,000 | 200DB | $0 | $0 | $6,500 | 7.000000000000 |
| FILL TANK | 2014-09-13 | $2,369 | 200DB | $0 | $0 | $2,369 | 7.000000000000 |
| ROOF REPAIR | 2016-07-15 | $3,400 | 150DB | $201 | $227 | $1,694 | 15.000000000000 |
| REPAIR & SEAL ASPHALT | 2016-10-28 | $9,350 | 150DB | $552 | $623 | $4,658 | 15.000000000000 |
| 52" RAPTOR MOWER | 2016-09-11 | $2,272 | 200DB | $101 | $101 | $2,171 | 7.000000000000 |
| 6 x 10 Trailer | 2017-05-27 | $800 | 200DB | $35 | $114 | $347 | 7.000000000000 |
| 558 560 REPAIRS | 2021-12-17 | $19,921 | 150DB | $0 | $1,328 | 15.000000000000 | |
| 559-560 ROOF | 2021-12-03 | $3,380 | 150DB | $0 | $225 | 15.000000000000 | |
| FORK LIFT | 2021-10-15 | $10,494 | 200DB | $0 | $2,099 | 5.000000000000 | |
| CLUB CADET | 2021-10-15 | $1,500 | 200DB | $0 | $300 | 5.000000000000 | |
| CUB Cadet | 2022-10-18 | $2,381 | 200DB | $0 | $476 | 5.000000000000 | |
| Capitalized Repairs | 2022-04-22 | $6,998 | 150DB | $0 | $467 | 15.000000000000 | |
| Computer | 2022-09-22 | $1,743 | 200DB | $0 | $349 | 5.000000000000 | |
| Improvements to K Ranch 3825 Q Hill - Shower Hall & Landscaping | 2023-10-13 | $3,136 | SL | $2,514 | $52 | 15.000000000000 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (30 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 559 Grant Rd - Land | $8,240 | $0 | $8,240 |
| 559 Grant Rd - Building | $12,310 | $5,688 | $6,622 |
| 560 Grant Rd - Land | $37,620 | $0 | $37,620 |
| 560 Grant Rd - Building | $15,240 | $7,038 | $8,202 |
| Overhead door repair | $6,000 | $2,695 | $3,305 |
| Building Improvements | $18,170 | $8,038 | $10,132 |
| Building Improvements | $12,340 | $5,425 | $6,915 |
| 558 Grant Rd. - Land | $20,900 | $0 | $20,900 |
| 558 Grant Rd. - Building | $64,600 | $29,305 | $35,295 |
| 553 Grant Rd. - Land | $4,040 | $0 | $4,040 |
| 553 Grant Rd. - Building | $26,140 | $12,060 | $14,080 |
| 300 Industrial, Bldg # 336 - Land | $6,659 | $0 | $6,659 |
| 300 Industrial, Bldg # 336 - Building | $11,291 | $5,220 | $6,071 |
| 2003 Chevy 1500 | $16,114 | $16,114 | $0 |
| 18 ft Trailer - C&S Trailers | $2,075 | $2,075 | $0 |
| 560 Bld Imprvmnts-Bathroom addn/rehab | $3,394 | $1,066 | $2,328 |
| Tractor Implements-Equipment | $13,000 | $13,000 | $0 |
| FILL TANK | $2,369 | $2,369 | $0 |
| ROOF REPAIR | $3,400 | $1,895 | $1,505 |
| REPAIR & SEAL ASPHALT | $9,350 | $5,210 | $4,140 |
| 52" RAPTOR MOWER | $2,272 | $2,272 | $0 |
| 6 x 10 Trailer | $800 | $782 | $18 |
| 558 560 REPAIRS | $19,921 | $19,921 | $0 |
| 559-560 ROOF | $3,380 | $3,380 | $0 |
| FORK LIFT | $10,494 | $10,494 | $0 |
| CLUB CADET | $1,500 | $1,500 | $0 |
| CUB Cadet | $2,381 | $2,381 | $0 |
| Capitalized Repairs | $6,998 | $6,998 | $0 |
| Computer | $1,743 | $1,743 | $0 |
| Improvements to K Ranch 3825 Q Hill - Shower Hall & Landscaping | $3,136 | $2,514 | $622 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Investment in Gold Coins | AT COST | $42,000 | $42,000 |
| Investment in UCM-Stone | FMV | $2,419,771 | $2,419,771 |
| Investment in Anthem Holdings | AT COST | $50,000 | $50,000 |
| Investment in Springer Fin | AT COST | $825,997 | $825,997 |
| Investment in UCM-Crownbits One LLC | AT COST | $25,183 | $25,183 |
| Investment in UCM-Particle Space, LLC, LLC | AT COST | $24,697 | $24,697 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2021 Federal Excise Tax (IRS Notice) | $1,430 |
| PPA - 2022 Federal Excise Tax | $4,788 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Postage and Delivery | $467 | $0 | $0 |
| Dues & Subscriptions | $693 | $0 | $0 |
| Supplies | $4,169 | $0 | $0 |
| Bank Service Charges | $152 | $0 | $0 |
| Payroll Processing Fees | $344 | $344 | $0 |
| Insurance | $1,228 | $0 | $0 |
| Investment Management Fees | $30,811 | $30,811 | $0 |
| Repairs and Maintenance | $28,071 | $28,071 | $0 |
| Utilities | $3,611 | $3,611 | $0 |
| Property Taxes | $14,401 | $14,401 | $0 |
| Contract Labor | $16,665 | $16,665 | $0 |
| Telephone | $2,140 | $2,140 | $0 |
| Automobile Expenses | $531 | $531 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Partnership Investments-K-1 | Desc |
| Revenue And Expenses Per Books | -$69 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$69 | NetInvestmentIncomeAmt |
| Adjusted Net Income | -$69 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Credit Cards Payable Adjustment | $2,000 |
| Director Loan Adjustment | $22 |
| Nondividend Distributions | $20,861 |
| PPA - Prepaid Expenses | $222 |
| Unrealized Gains | $563,100 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Credit Cards Payable | $15,471 | $37,374 |
| Employee Loans | $522 | $0 |
| Payroll Liabilities | $1,098 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Property Taxes | $4,530 | $4,530 | $0 |
| Foreign Taxes | $161 | $161 | $0 |
| Payroll Taxes | $7,048 | $7,048 | $0 |
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