HEAVENLY FATHERS FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HEAVENLY FATHERS FOUNDATION (EIN 27-6987913)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-23
- IRS object ID
- 202321439349101107
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-23T15:28:32-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752151816 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Victor K Munson CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2115 Royal Dominion Court | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 276987913 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Heavenly Fathers Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEAV | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 County Road 168 | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Staci Wilks | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8178503600 | PhoneNum |
| Signature | 2023-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Staci | PersonFirstNm |
| Person Last | Wilks | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Victor Munson | PreparerPersonNm |
| PTIN | P01215687 | PTIN |
| Phone | 6823650887 | PhoneNum |
| Preparation | 2023-05-23 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $187,119,027 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $115,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $626,639 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $592,090 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $592,090 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $3,798,533 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,851,714 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $3,851,714 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $192,000 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $192,000 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $192,000 | GrossRentsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,068,517 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $115,087,864 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,161,057 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $229,716 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $59,152 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $59,152 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $11,030,405 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,856,013 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $4,694,956 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $64,685 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $8,450 | AccountingFeesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $45,511 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $46,678 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $46,678 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $50,570,063 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $379,429 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $379,429 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $50,688,709 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $426,107 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $426,107 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,985,443 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,985,443 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $61,674,152 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $426,107 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $426,107 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,985,443 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$50,643,747 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,429,906 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,268,849 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,147,245 | CashBOYAmt |
| Cash EOY | $12,518,340 | CashEOYAmt |
| Cash EOYFMV | $12,518,340 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $3,101 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $61,975 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $61,975 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $7,096,621 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $15,443,396 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $15,443,396 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $191,652,421 | CorporateStockBOYAmt |
| Corporate Stock EOY | $116,418,023 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $116,418,023 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $35,117,369 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $39,652,133 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $39,652,133 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,831,812 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $187,734 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,689,589 | LandBOYAmt |
| Land EOY | $2,644,078 | LandEOYAmt |
| Land EOYFMV | $2,644,078 | LandEOYFMVAmt |
| Other Assets BOY | $210,339 | OtherAssetsBOYAmt |
| Other Assets EOY | $381,082 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $381,082 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $237,916,685 | TotalAssetsBOYAmt |
| Total Assets EOY | $187,119,027 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $187,119,027 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $71,734 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $70,789 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $16,000 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $16,000 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $152,965 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $240,699 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $86,789 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $237,675,986 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $187,032,238 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $237,675,986 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $187,032,238 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $237,916,685 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $187,119,027 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $237,675,986 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$50,643,747 | ExcessRevenueOverExpensesAmt |
| Subtotal | $187,032,239 | SubtotalAmt |
| Other Decreases | $1 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $187,032,238 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Total short term per BNY Mellon | P | 2021-07-01 | 2022-02-01 | $35,716,583 | $42,238,737 | -$6,522,154 | -$6,522,154 |
| Total long term gain per BNY Mellon | P | 2020-07-01 | 2022-07-01 | $79,062,537 | $66,688,070 | $12,374,467 | $12,374,467 |
| Capital gain distr per BNY Mellon | P | 2020-07-01 | 2022-07-01 | $308,744 | $308,744 | $308,744 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,161,057 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$6,522,154 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $144,976 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $144,976 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $144,976 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $199,370 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $199,370 | TotalPaymentsAndCreditsAmt |
| Overpayment | $54,394 | OverpaymentAmt |
| Applied To ES Tax | $54,394 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Individual With Books | Staci Wilks | IndividualWithBooksNm |
| Phone | 8178503600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 County Road 168 | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Dan Wilks Trustee | ||||||||
| 425 County Road 168 | Cisco | TX | 76437 | Trustee | 4.00 | $0 | $0 | $0 |
| Staci Wilks Trustee | ||||||||
| 425 County Road 168 | Cisco | TX | 76437 | Trustee | 4.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Whitney Mechling Employee | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 County Road 168 | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Employee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $113,114 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $197,562,473 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,399,151 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,664,937 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $203,626,561 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $203,626,561 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,054,398 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $200,572,163 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,028,608 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,028,608 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $144,976 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $144,976 | TotalTaxAmt |
| Distributable Before Adj | $9,883,632 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $9,883,632 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $9,883,632 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,985,443 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,985,443 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,883,632 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $10,985,443 | UndistributedIncomePYAmt |
| Qualifying Distributions | $10,985,443 | QualifyingDistributionsAmt |
| Applied To Year1 | $10,985,443 | AppliedToYear1Amt |
| Undistributed Income CY | $9,883,632 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Dan H Wilks | ContributingManagerNm |
| Contributing Manager | Staci Wilks | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | See schedule attached | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Various | AddressLine1Txt |
| City | Cisco | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | None | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Schedule attached | GrantOrContributionPurposeTxt |
| Amt | $10,985,443 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,985,443 | 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 | $592,090 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,851,714 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $192,000 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,161,057 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other investment inc | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $59,152 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $10,856,013 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,856,013 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Calvary Chapel of Thousand Oaks | ||||||
| 1 | 320 Via Las Brisas | Thousand Oaks | CA | 91320 | $100,000 | Yes (X) |
| Whitney Ryan Mechling | ||||||
| 2 | 411 CR 168 | Cisco | TX | 76437 | $15,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $8,450 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Building | PropertyDesc |
| Acquired | 2018-01-01 | AcquiredDt |
| Cost Or Other Basis | $1,820,451 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $135,750 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 39 | LifeRt |
| Current Year Expense | $45,511 | CurrentYearExpenseAmt |
| Net Investment Income | $46,678 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $46,678 | AdjustedNetIncomeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate bonds | BondNm |
| EOY Book Value | $39,652,133 | EOYBookValueAmt |
| EOYFMV | $39,652,133 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate stock | StockNm |
| EOY Book Value | $116,418,023 | EOYBookValueAmt |
| EOYFMV | $116,418,023 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $15,443,396 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $15,443,396 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $64,685 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued investment income | Desc |
| BOY Book Value | $210,339 | BOYBookValueAmt |
| EOY Book Value | $381,082 | EOYBookValueAmt |
| EOYFMV | $381,082 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $1 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Brokerage fees | $300,989 | $296,922 | $296,922 | $0 |
| Insurance | $6,282 | $6,282 | $6,282 | $0 |
| Misc expense BNY Mellon stmt | $0 | $33,859 | $33,859 | $0 |
| Foreign tax expense | $13,159 | $40,391 | $40,391 | $0 |
| Taxes other | $1,975 | $1,975 | $1,975 | $0 |
| Federal income tax | $142,733 | $0 | $0 | $0 |
| Employee leasing | $113,114 | $0 | $0 | $0 |
| Office expense | $6,753 | $0 | $0 | $0 |
| Seminars travel and postage | $627 | $0 | $0 | $0 |
| Unrealized loss on investments | $49,984,431 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Miscellaneous income | $938 | $1,117 | $1,117 |
| Accrued investment income | $170,743 | $0 | $0 |
| Amortization of bond discount | $58,035 | $58,035 | $58,035 |
| Unrealized gain | $0 | $0 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Accrued federal excise tax | Desc |
| BOY Book Value | $152,965 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
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