WEBSTER EDUCATIONAL FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WEBSTER EDUCATIONAL FOUNDATION (EIN 46-5374393)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202431369349103103
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)
Return2024-05-15T12:40:31-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750767305PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AXLEY & RODE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1203 N HOUSTON AVEAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465374393EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WEBSTER EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWEBSBusinessNameControlTxt
Phone9363277181PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1306 NORTH WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGENE BUSHPersonNm
Person TitlePRES/DIRECTORPersonTitleTxt
Signature2024-04-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGENEPersonFirstNm
Person LastBUSHPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW P BROYLES PC CPAPreparerPersonNm
PTINP01550920PTIN
Phone9363273166PhoneNum
Preparation2024-04-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,281,098FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,297InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,297InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$132,109DividendsRevAndExpnssAmt
Dividends Net Invst Incm$132,109DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$13,206GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$13,206GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$13,206NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss-$1,896NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,049,206GrossSalesPriceAmt
Other Income Rev And Expnss$285,631OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$285,631OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$431,347TotalRevAndExpnssAmt
Total Net Invst Incm$433,243TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$60,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$30,000CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$30,000CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,847AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,939AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,908AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$15,209OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$15,209OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$14,006TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$3,009OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,454OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$555OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$97,071TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$49,602TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$33,463TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$653,164ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$653,164ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$750,235TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$49,602TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$686,627TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$318,888ExcessRevenueOverExpensesAmt
Net Investment Income$383,641NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$215,572SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$263,864SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$263,864SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$7,038,397USGovernmentObligationsBOYAmt
US Government Obligations EOY$6,834,743USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$6,509,954USGovtObligationsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$4,451,618LandBldgEquipCostOrOtherBssAmt
Land BOY$4,451,618LandBOYAmt
Land EOY$4,451,618LandEOYAmt
Land EOYFMV$466,200LandEOYFMVAmt
Other Assets BOY$44,221OtherAssetsBOYAmt
Other Assets EOY$41,080OtherAssetsEOYAmt
Other Assets EOYFMV$41,080OtherAssetsEOYFMVAmt
Total Assets BOY$11,749,808TotalAssetsBOYAmt
Total Assets EOY$11,591,305TotalAssetsEOYAmt
Total Assets EOYFMV$7,281,098TotalAssetsEOYFMVAmt
Grants Payable BOY$684,255GrantsPayableBOYAmt
Grants Payable EOY$369,329GrantsPayableEOYAmt
Other Liabilities EOY$160,385OtherLiabilitiesEOYAmt
Total Liabilities BOY$684,255TotalLiabilitiesBOYAmt
Total Liabilities EOY$529,714TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$9,111,994CapitalStockBOYAmt
Capital Stock EOY$9,111,994CapitalStockEOYAmt
Retained Earning BOY$1,953,559RetainedEarningBOYAmt
Retained Earning EOY$1,949,597RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$11,065,553TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$11,061,591TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,749,808TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$11,591,305TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$11,065,553TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$318,888ExcessRevenueOverExpensesAmt
Other Increases$314,926OtherIncreasesAmt
Subtotal$11,061,591SubtotalAmt
Tot Net Ast Or Fund Balances EOY$11,061,591TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
250,000 US TREASURY NOTEP2016-03-312023-05-31$250,000$249,750$250$250
250,000 US TREASURY NOTEP2017-05-312023-07-31$250,000$240,992$9,008$9,008
400,000 US TREASURY NOTEP2019-10-312023-09-30$400,000$410,360-$10,360-$10,360
150,000 CD30715P2014-12-312023-09-30$149,206$150,000-$794-$794
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,896CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,333InvestmentIncomeExciseTaxAmt
Subtotal$5,333SubtotalAmt
Tax Based On Investment Income$5,333TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,259EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5,259TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$311EsPenaltyAmt
Tax Due$385TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSHELLY SITTONIndividualWithBooksNm
Phone9363277181PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1306 NORTH WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
GENE BUSH
PO BOX 1617LIVINGSTONTX77351PRES/DIRECTO8.00$12,000$0$0
ANTHONY PAGE
PO BOX 500CORRIGANTX75939VP/DIRECTOR10.00$12,000$0$0
SHELLY SITTON
PO BOX 126LIVINGSTONTX77351SECRETARY10.00$12,000$0$0
JANAN MOORE
355 RAYON ROAD WESTLIVINGSTONTX77351DIRECTOR5.00$12,000$0$0
MATTHEW PAGE
PO BOX 500CORRIGANTX75939DIRECTOR5.00$12,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,411,122AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$692,123AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$510,348FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,613,593TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$7,613,593AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$114,204CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,499,389NetVlNoncharitableAssetsAmt
Minimum Investment Return$374,969MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$374,969MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,333TaxBasedOnInvestmentIncomeAmt
Total Tax$5,333TotalTaxAmt
Distributable Before Adj$369,636DistributableBeforeAdjAmt
Distributable Before Ded$369,636DistributableBeforeDedAmt
Distributable As Adjusted$369,636DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$686,627ExpensesAndContributionsAmt
Qualifying Distributions$686,627QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$369,636DistributableAsAdjustedAmt
Undistributed Income PY$684,255UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Total For Prior Years$2,065TotalForPriorYearsAmt
Qualifying Distributions$686,627QualifyingDistributionsAmt
Applied To Year1$684,255AppliedToYear1Amt
Applied To Prior Years$2,065AppliedToPriorYearsAmt
Applied To Current Year$307AppliedToCurrentYearAmt
Undistributed Income CY$369,329UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonFLOYD BUSHRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1306 N WASHINGTONAddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77351ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9363277181RecipientPhoneNum
Form And Info And MaterialsSEE STATEMENT FOR LINE 2A & LINE 2DFormAndInfoAndMaterialsTxt
Submission DeadlinesSEE STATEMENT FOR LINE 2A & LINE 2DSubmissionDeadlinesTxt
Restrictions On AwardsRESTRICTED TO ENTITIES THAT WILL PROMOTE, ASSIST AND FURTHER THE CULTURAL, ARTISTIC, EDUCATIONAL, LITERARY, RECREATIONAL, CHARITABLE, AND HISTORICAL ACTIVITIES, AND FACILITIES CARRIED ON OR MAINTAINED BY THE CITIES OF LIVINGSTON AND CORRIGAN, TEXAS AND POLK COUNTY, TEXAS FOR THE RESIDENTS OF SAID CITIES AND COUNTY.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIG SANDY ISD
RT 3 BOX 422LIVINGSTONTX77351NONEPUBLICSCHOLARSHIPS$80,000
CORRIGANCAMDEN ISD
HWY 287 WCORRIGANTX75939NONEPUBLICSCHOLARSHIPS$213,748
LEGGETT ISD
PO BOX 69LEGGETTTX77350NONEPUBLICSCHOLARSHIPS$43,166
LIVINGSTON ISD
907 W CHURCH STLIVINGSTONTX77351NONEPUBLICSCHOLARSHIPS$275,000
ONALASKA ISD
PO BOX 2289ONALASKATX77360NONEPUBLICSCHOLARSHIPS$26,250
BOYS & GIRLS CLUB OF POLK COUNTY
1035 LIBERTY AVELIVINGSTONTX77351NONEPUBLICSCHOLARSHIPS$10,000
CORRIGAN AREA HERITAGE CENTER
PO BOX 388CORRIGANTX75939NONEPUBLICGENERAL OPERATIONS$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$653,164TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,297ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$132,109ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$13,206ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$1,896ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
HUNTING LEASE INCOME16$47,128
OIL & GAS ROYALTIES16$238,503

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$431,347ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$431,347TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAXLEY & RODE, LLPCategoryTxt
Amt$4,847Amt
Net Investment Income$1,939NetInvestmentIncomeAmt
Disbursements Charitable Prps$2,908DisbursementsCharitablePrpsAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$6,834,743USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$6,509,954USGovtObligationsEOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemLANDCategoryOrItemTxt
Cost Or Other Basis$4,451,618CostOrOtherBasisAmt
Book Value$4,451,618BookValueAmt
EOYFMV$466,200EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PREPAID INCOME TAX$3,141
ROYALTY INTERESTS$41,080$41,080$41,080

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
OFFICE EXPENSE$23$12$11
INSURANCE EXPENSE$1,088$544$544
TRACT EXPENSE$1,898$1,898

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
HUNTING LEASE INCOME$47,128$47,128
OIL & GAS ROYALTIES$238,503$238,503

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescDECREASE IN GRANTS PAYABLEDesc
Amt$314,926Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescEOY Book ValueEOYBookValueAmt
CSB LOAN$160,000
EXCISE TAX PAYABLE$385

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryFORESTRY MANAGEMENTCategoryTxt
Amt$15,209Amt
Net Investment Income$15,209NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
EXCISE TAX$5,644
EXCISE TAX-PRIOR YEAR$8,362

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.