BETA

OTR RESOURCES: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
OTR RESOURCES (EIN 38-3910893)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-17
IRS object ID
202412919349301306
Schema version
2023v5.1
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)
Return2024-10-17T13:03:22-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN751044330PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LANE GORMAN TRUBITT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12626 HOWELL ST SUITE 700AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383910893EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ON THE ROAD LENDINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlONTHBusinessNameControlTxt
Phone2142262542PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11500 NORTH LOOP 12AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75061ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHELLE CORSONPersonNm
Person TitleCEOPersonTitleTxt
Phone2142262542PhoneNum
Signature2024-10-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN WARNEKEPreparerPersonNm
PTINP01294950PTIN
Phone2148717500PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHELLE CORSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11500 NORTH LOOP 12AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75061ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,891,033GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ONTHEROADLENDING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO LIFT PEOPLE FROM POVERTY THROUGH TRANSPORTATION INNOVATION.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,205,649PYContributionsGrantsAmt
CY Contributions Grants$2,458,635CYContributionsGrantsAmt
PY Program Service Revenue$560,267PYProgramServiceRevenueAmt
CY Program Service Revenue$432,398CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$6PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,765,922PYTotalRevenueAmt
CY Total Revenue$2,891,033CYTotalRevenueAmt
PY Grants And Similar Paid$6,800PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,436,131PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,206,817CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$43,201CYTotalFundraisingExpenseAmt
PY Other Expenses$1,999,155PYOtherExpensesAmt
CY Other Expenses$1,518,126CYOtherExpensesAmt
PY Total Expenses$3,442,086PYTotalExpensesAmt
CY Total Expenses$2,734,943CYTotalExpensesAmt
PY Revenues Less Expenses-$676,164PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$156,090CYRevenuesLessExpensesAmt
Total Assets BOY$16,935,632TotalAssetsBOYAmt
Total Assets EOY$11,746,055TotalAssetsEOYAmt
Total Liabilities BOY$17,647,246TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,759,110TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$711,614NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$6,013,055NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionON THE ROAD LENDING SEEKS TO LIFT PEOPLE FROM POVERTY THROUGH TRANSPORTATION INNOVATION, PROVIDING FINANCIAL WORKFORCE EDUCATION. CONTINUED ON SCHEDULE O.THE MOBILITY PROGRAM HELPS TO MAKE BETTER CONSUMERS BY PROVIDING FINANCIAL COACHING, COURSEWORK, AND VEHICLE SELECTION ASSISTANCE, PREPARING LOW- TO MODERATE-INCOME PEOPLE TO PURCHASE RELIABLE TRANSPORTATION THAT WILL ENABLE THEM TO REACH BETTER-PAYING JOBS. THE GARAGE PROGRAM PROVIDES OPPORTUNITIES FOR UNDER-REPRESENTED POPULATIONS TO RECEIVE ON-THE-JOB TRAINING THROUGH REGISTERED APPRENTICESHIP PROGRAMS IN HIGH-WAGE, HIGH-GROWTH OCCUPATIONS WITHIN THE AUTOMOTIVE COLLISION REPAIR INDUSTRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,482,454ExpenseAmt
Grant$10,000GrantAmt
Revenue$426,298RevenueAmt
DescFREEDOM OF MOBILITY PROGRAM ENABLES CLIENTS TO PURCHASE A LATE MODEL VEHICLE UNDER WARRANTY. ON THE ROAD LENDING WORKED WITH ABOUT 1,000 PEOPLE IN THE MOBILITY PROGRAM, GETTING 72 INTO VEHICLES DURING 2023.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$987,465ExpenseAmt
Revenue$6,100RevenueAmt
DescON THE ROAD LENDING'S TRANSPORTATION WORKFORCE TRAINING PROGRAM PROVIDES APPRENTICESHIPS IN FIVE PROGRAMS REGISTERED WITH THE DEPARTMENT OF LABOR. THERE WERE A TOTAL OF 6 APPRENTICES IN 2023, WITH TWO GRADUATING AND ONE IS STILL IN THE PROGRAM.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,469,919TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHELLE CORSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2142262542PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11500 NORTH LOOP 12AddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75061ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
DAVID CHARD
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
MICHELLE CORSON
CEO & DIRECTOR15.00Yes (X)Yes (X)$0$0$0
YOLANDA TURNER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
YVETTE RICHARDS
DIRECTOR1.00Yes (X)$0$0$0
KEVIN CONLEY
DIRECTOR1.00Yes (X)$0$0$0
SHARRON HUNT
DIRECTOR1.00Yes (X)$0$0$0
RICH WALDEN
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM LONG JR
PRESIDENT40.00$202,500$0$13,110Yes (X)
LONNIE SMITH
PRESIDENT40.00$186,390$0$34,039Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$388,890TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$47,149TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$74,998FederatedCampaignsAmt
Related Organizations$1,278,895RelatedOrganizationsAmt
All Other Contributions$1,104,742AllOtherContributionsAmt
Total Contributions$2,458,635TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
DEVELOPMENT SERVICES561000$426,298$426,298
GARAGE PROGRAM532420$6,100$6,100
FieldValueIRS element (for citing)
Total Program Service Revenue$432,398TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,891,033TotalRevenueColumnAmt
Related Or Exempt Func Income$432,398RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$995,736TotalAmt
Program Services$943,388ProgramServicesAmt
Management And General$21,508ManagementAndGeneralAmt
Fundraising$30,840FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$148,127TotalAmt
Program Services$147,456ProgramServicesAmt
Management And General$671ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$62,954TotalAmt
Program Services$59,159ProgramServicesAmt
Management And General$1,609ManagementAndGeneralAmt
Fundraising$2,186FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$25,611TotalAmt
Management And General$25,611ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Management And General$60,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$44,998TotalAmt
Program Services$29,748ProgramServicesAmt
Management And General$15,250ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$60,359TotalAmt
Program Services$60,359ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,238TotalAmt
Program Services$9,856ProgramServicesAmt
Management And General$15,382ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$160,788TotalAmt
Program Services$160,788ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,142TotalAmt
Program Services$12,142ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$64,743TotalAmt
Program Services$61,525ProgramServicesAmt
Management And General$3,218ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$554,788TotalAmt
Program Services$483,082ProgramServicesAmt
Management And General$71,706ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$495,836TotalAmt
Program Services$492,416ProgramServicesAmt
Management And General$1,976ManagementAndGeneralAmt
Fundraising$1,444FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,588TotalAmt
Management And General$2,588ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
GRANT SUPPORT$7,500$7,500
GARAGE REPAIRS$576$576

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,959TotalAmt
Management And General$1,728ManagementAndGeneralAmt
Fundraising$1,231FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,734,943TotalAmt
Program Services$2,469,919ProgramServicesAmt
Management And General$221,823ManagementAndGeneralAmt
Fundraising$43,201FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$557,435BOYAmt
EOY$502,030EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,502BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,776,608BOYAmt
EOY$10,299EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,285BOYAmt
EOY$7,362EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,764,293LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,147,322LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,106,201BOYAmt
EOY$10,616,971EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,456,601BOYAmt
EOY$609,393EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,935,632BOYAmt
EOY$11,746,055EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$889,780BOYAmt
EOY$2,627,551EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,033BOYAmt
EOY$2,033EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$15,255,433BOYAmt
EOY$15,129,526EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,500,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,647,246BOYAmt
EOY$17,759,110EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$742,116BOYAmt
EOY-$6,013,055EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,502BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$711,614BOYAmt
EOY-$6,013,055EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,935,632BOYAmt
EOY$11,746,055EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$156,090ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$5,457,531OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,104,290CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$927,611CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,779,694CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,205,649CurrentTaxYearMinus1YearAmt
Current Tax Year$2,458,635CurrentTaxYearAmt
Total$14,475,879TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,104,290CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$927,611CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,779,694CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,205,649CurrentTaxYearMinus1YearAmt
Current Tax Year$2,458,635CurrentTaxYearAmt
Total$14,475,879TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,875,183SubstantialContributorsTotAmt
Public Support Total170$8,600,696PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$8,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$270CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6CurrentTaxYearMinus1YearAmt
Total$8,841TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$40CurrentTaxYearMinus2YearsAmt
Total$40TotalAmt
FieldValueIRS element (for citing)
Total Support$14,484,760TotalSupportAmt
Gross Receipts Rltd Activities$2,758,943GrossReceiptsRltdActivitiesAmt
Public Support CY1700.59380PublicSupportCY170Pct
Public Support PY1700.62380PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$175,404OtherCostOrOtherBasisAmt
Book Value$175,404BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,757,077OtherCostOrOtherBasisAmt
Depreciation$582,437DepreciationAmt
Book Value$9,174,640BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$257,611OtherCostOrOtherBasisAmt
Depreciation$31,828DepreciationAmt
Book Value$225,783BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,569,201OtherCostOrOtherBasisAmt
Depreciation$531,265DepreciationAmt
Book Value$1,037,936BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,000OtherCostOrOtherBasisAmt
Depreciation$1,792DepreciationAmt
Book Value$3,208BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,616,971TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN OTRFDesc
Book Value$609,393BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$609,393TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,891,033TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,891,033RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,891,033TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,192,474TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$5,457,531OtherExpensesIncludedAmt
Expenses Not Reported$5,457,531ExpensesNotReportedAmt
Expenses Subtotal$2,734,943ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,734,943TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE ACCORDING TO THE UNITED STATES INTERNAL REVENUE SERVICE ("IRS") DETERMINATION LETTER DATED NOVEMBER 6, 2014, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2023, UNRELATED BUSINESS INCOME DID NOT RESULT IN ANY MATERIAL NET TAXABLE INCOME, THEREFORE NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S FINANCIAL STATEMENTS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINNING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. THE ORGANIZATION IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING THE UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. THE ORGANIZATION'S INFORMATIONAL RETURNS FILED WITH THE IRS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DEBT FORGIVENESS FROM ON THE ROAD GARAGE 5,457,531.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GENESIS WOMENS SHELTER & SUPPORTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12023 LUCAS DRIVEAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75219ZIPCd
FieldValueIRS element (for citing)
Recipient EIN871061849RecipientEIN
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantGRANT FOR PROGRAMSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LONNIE SMITH
PRESIDENT$186,390$0$0$0$0$0$2,095$0$31,944$0$220,429$0$0$0
WILLIAM LONG JR
PRESIDENT$202,500$0$0$0$0$0$0$0$13,110$0$215,610$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS EMAILED TO THE BOARD TREASURER BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CEACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED ANNUALLY TO SIGN A CONFLICT OF INTEREST STATEMENT. MANAGEMENT INSURES THAT STAFF AND THE BOARD MEMBERS ARE EXEMPTED AS CONTRACTORS AND/OR VENDORS OF ON THE ROAD LENDING. THE BOARD MEMBER SHALL DISCLOSE THE CONFLICT AND THE BOARD AS A BODY SHALL OPINE ON A COURSE OF ACTION.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION'S COMPENSATION COMMITTEE REVIEWS COMPENSATION WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT AND THIRD-PARTY COMPENSATION STUDIES. THE FINAL APPROVAL OF MANAGEMENT COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XTHE ORGANIZATION EXECUTED LOAN AGREEMENTS ON NOVEMBER 23, 2021, THAT PROVIDES FOR BORROWINGS OF $5,696,600 AND $2,303,400 FROM GSNMF SUB-CDE 34 LLC. THE LOANS WERE TO REFINANCE CERTAIN PROPERTY AND PROVIDE FUNDING TO IMPROVEMENTS TO THE PROPERTY AND ARE INTENDED TO BE TREATED AS "QUALIFIED LOW-INCOME COMMUNITY INVESTMENT" FOR PURPOSES OF GENERATING NEW MARKET TAX CREDITS UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE LOANS ARE SECURED BY A PROPERTY DEED OF TRUST, SECURITY AGREEMENT AND GUARANTEED BY CHAMPION IMPACT CAPITAL, AN AFFILIATE OF THE ORGANIZATION. EACH LOAN ACCRUES INTEREST AT 1%, PAYABLE QUARTERLY BEGINNING ON DECEMBER 2021 UNTIL NOVEMBER 2028. QUARTERLY PRINCIPAL PAYMENTS BEGIN MARCH 2029. AFTER THE FIRST DAY FOLLOWING THE END OF THE TAX CREDIT INVESTMENT PERIOD OR THE OCCURRENCE OF A NMTC RECAPTURE EVENT AND FOR 180 DAYS THEREAFTER, U.S. BANCORP COMMUNITY DEVELOPMENT CORPORATION (USBCDC) CAN EXERCISE ITS "PUT OPTION" TO SELL ITS INTEREST IN TWAIN INVESTMENT FUND 601, LLC (INVESTMENT FUND) TO THE ORGANIZATION FOR $1,000 PLUS TRANSFER TAXES AND OTHER CLOSING COSTS, ANY AMOUNTS DUE AND OWING FROM OTRL OR ANY OF THE ORGANIZATION'S AFFILIATES, ANY UNPAID MANAGEMENT FEES AND EXPENSES OF THE INVESTMENT FUND OTHER THAN COMPANY EXPENSES. IN THE EVENT THAT USBCDC HAS NOT EXERCISED THE PUT OPTION, CHAMPION IMPACT CAPITAL SHALL HAVE THE RIGHT AND OPTION TO PURCHASE ALL, BUT NOT LESS THAN ALL, OF USBCDC'S INTEREST FOR 180 CALENDAR DAYS FOLLOWING THE EXPIRATION OF THE PUT OPTION. AFTER EXERCISING ITS OPTION TO PURCHASE THE INTEREST IN THE FUND, THE ORGANIZATION CAN CANCEL THE NEW MARKETS TAX CREDIT PROGRAM NOTES PAYABLE.
FORM 990, PART XI, LINE 9:DEBT FORGIVENESS FROM ON THE ROAD GARAGE -5,457,531.
FORM 990, PART XII, LINE 2C:THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

Comments

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