SUMNERS FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SUMNERS FOUNDATION (EIN 75-2734032)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-08
- IRS object ID
- 202322519349100007
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-08T07:39:43-07:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752593210 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sutton Frost Cary LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 Six Flags Dr Suite 600 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76011 | 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 | 752734032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SUMNERS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUMN | BusinessNameControlTxt |
| Phone | 2142202128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | T Charles Pierson | PersonNm |
| Person Title | Executive Dir. | PersonTitleTxt |
| Signature | 2023-09-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | T Charles | PersonFirstNm |
| Person Last | Pierson | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kimberly D Crawford | PreparerPersonNm |
| PTIN | P00446484 | PTIN |
| Phone | 8176498083 | PhoneNum |
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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $69,238,256 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $59,438 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,427,018 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,427,018 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,265,214 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,265,214 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $402,385 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,202,425 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $402,385 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,760,595 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,067,611 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,914,650 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,162,228 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $535,238 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $80,285 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $454,953 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $136,418 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $20,463 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $115,955 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,756 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $439 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,317 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $90,348 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $22,587 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $67,761 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $273,111 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,174 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $23,651 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $112,907 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $112,907 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $67,852 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $16,963 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $50,889 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $44,069 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $11,017 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $33,052 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $3,595 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $899 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $2,696 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $970,922 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $848,292 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $122,629 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,236,216 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,118,026 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $872,903 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,689,297 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,689,297 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,925,513 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,118,026 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,562,200 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$10,863 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,044,202 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $817,006 | CashBOYAmt |
| Cash EOY | $188,762 | CashEOYAmt |
| Cash EOYFMV | $188,762 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,060,283 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $459,959 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $459,959 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,340,899 | AcctRcvblAmt |
| Acct Rcvbl BOY | $34,711 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,340,899 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,340,899 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $14,377 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $10,419 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $10,419 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $35,594,641 | CorporateStockBOYAmt |
| Corporate Stock EOY | $38,814,935 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $38,814,935 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $279,402 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $279,402 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $279,402 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $279,402 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $418,612 | MortgageLoansBOYAmt |
| Other Investments BOY | $31,819,723 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $27,963,884 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $27,963,884 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $36,219 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,316 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $33,362 | LandBOYAmt |
| Land EOY | $28,903 | LandEOYAmt |
| Land EOYFMV | $28,903 | LandEOYFMVAmt |
| Other Assets EOY | $151,093 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $151,093 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $72,072,117 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,238,256 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $69,238,256 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $169 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $145,831 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $513,119 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $146,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $513,119 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $71,926,117 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $68,725,137 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $71,926,117 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $68,725,137 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $72,072,117 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $69,238,256 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $71,926,117 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$10,863 | ExcessRevenueOverExpensesAmt |
| Subtotal | $71,915,254 | SubtotalAmt |
| Other Decreases | $3,190,117 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $68,725,137 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $402,385 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $42,314 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $42,314 | SubtotalAmt |
| Tax Based On Investment Income | $42,314 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,618 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $49,618 | TotalPaymentsAndCreditsAmt |
| Overpayment | $7,304 | OverpaymentAmt |
| Applied To ES Tax | $7,304 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SUMNERSFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES PIERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2142202128 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| DAVID G DRUMM | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Treasurer | 2.00 | $18,050 | |
| JERRY D REIS | |||||||
| 6012 W CAMPUS CIRCLE DR 210 | IRVING | TX | 75063 | Chairman | 2.00 | $16,000 | |
| LON R WILLIAMS | |||||||
| 2501 N HARWOOD SUITE 1900 | DALLAS | TX | 75201 | VICE CHAIRMAN | 2.00 | $24,000 | |
| SCOTT M HIGGINBOTHAM | |||||||
| 125 BELLAIRE AVENUE | DUMAS | TX | 79029 | Director | 2.00 | $20,000 | |
| WILLIAM W MEADOWS | |||||||
| 421 W 3RD STREET SUITE 800 | FORT WORTH | TX | 76102 | Director | 2.00 | $10,000 | |
| BETH VAN DUYNE | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Director | 2.00 | $0 | |
| BRANT C MARTIN | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Director | 2.00 | $11,500 | |
| T Charles Pierson | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | Executive Dir. | 40.00 | $240,000 | $70,882 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| JANEMARIE CLARK | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | EXEC. ASSISTANT | 40.00 | $73,000 | $30,293 |
| EILEEN RESNIK | |||||||
| 2201 WEST ROYAL LANE 100 | IRVING | TX | 75063 | PROGRAM DIRECTOR | 40.00 | $108,200 | $42,713 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $30,961,322 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,448,602 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $29,774,600 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,184,524 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $67,184,524 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,007,768 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,176,756 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,308,838 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,308,838 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $42,314 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $42,314 | TotalTaxAmt |
| Distributable Before Adj | $3,266,524 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,266,524 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,266,524 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,562,200 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,562,200 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,266,524 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,311,321 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,562,200 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,311,321 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $250,879 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,015,645 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHARLES PIERSON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2201 WEST ROYAL LANE 100 | AddressLine1Txt |
| City | IRVING | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2142202128 | RecipientPhoneNum |
| Recipient Email Address | CHARLES@SUMNERSFOUNDATION.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | LETTER, RESUME OF ORGANIZATION OR PERSON AND OTHER SUPPORTING MATERIAL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIOUS | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO THE STUDY AND TEACHING OF THE SCIENCE OF SELF-GOVERNMENT. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BAYLOR UNIVERSITY | |||||||
| 1311 S 5TH ST | WACO | TX | 76706 | NONE | PC | iENGAGE SUMMER CIVICS | $25,000 |
| HOWARD PAYNE UNIVERSITY | |||||||
| 1000 FISK STREET | BROWNWOOD | TX | 76801 | NONE | PC | CAMPUS AND COMMUNITY | $5,000 |
| INSTITUTE FOR POLICY INNOVATION | |||||||
| 1660 S INTERSTATE 35-E | LEWISVILLE | TX | 75067 | NONE | PC | HWS DISTINGUISHED LECTURES | $100,000 |
| SCHREINER UNIVERSITY | |||||||
| 2100 SAN ANTONIO HWY | KERRVILLE | TX | 78028 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAM | $15,525 |
| TEXAS CHRISTIAN UNIVERSITY | |||||||
| 2800 S UNIVERSITY DR | FORT WORTH | TX | 76129 | NONE | PC | IENGAGE & TCU WASHINGTON INTERNSHIP PROGRAM | $33,000 |
| TEXAS WESLEYAN UNIVERSITY | |||||||
| 1201 WESLEYAN ST | FORT WORTH | TX | 75105 | NONE | PC | SUMNERS SCHOLARSHIP ENDOWMENT | $39,050 |
| UNIVERSITY OF DALLAS | |||||||
| 1845 E NORTHGATE DR | IRVING | TX | 75062 | NONE | PC | SUMNERS SCHOLARSHIP PROGRAMS | $86,550 |
| YMCA ALBUQUERQUE CENTRAL NM | |||||||
| 4701 MONTANO RD NM | ALBUQUERQUE | NM | 87120 | NONE | PC | YOUTH AND GOVERNMENT | $85,000 |
| YMCA OKLAHOMA CITY | |||||||
| 100 W MAIN ST | OKLAHOMA CITY | OK | 73102 | NONE | PC | YOUTH AND GOVERNMENT | $103,000 |
| AUSTIN COLLEGE | |||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | PUBLIC ADMINISTRATION & CRIMINAL LAW SYMPOSIUM | $9,113 |
| THE BILL OF RIGHTS INSTITUTE | |||||||
| 200 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | NONE | PC | CONSTITUTIONAL SEMINAR IN NEW MEXICO | $12,000 |
| FUND FOR AMERICAN STUDIES | |||||||
| 1706 NEW HAMPSHIRE AVE | WASHINGTON | DC | 20009 | NONE | PC | SUMNERS SCHOLARSHIPS | $121,050 |
| LAW FOCUSED EDUCSTATE BAR OF TEXAS | |||||||
| 14651 DALLAS PKWY | DALLAS | TX | 75254 | NONE | PC | TEACHER TRAINING INSTITUTE ON THE FOUNDING DOCUMENTS | $453,263 |
| UNIVERSITY OF TEXAS AT AUSTIN | |||||||
| BOX 8058 | AUSTIN | TX | 78712 | NONE | PC | TEXAS CIVIC AMBASSADORS | $25,000 |
| TEXAS TRIBUNE | |||||||
| 823 CONGRESS AVE | AUSTIN | TX | 78701 | NONE | PC | TRIBUNE EVENTS AND FESTIVAL | $100,000 |
| BRAVER ANGELS | |||||||
| 733 THIRD AVENUE FL 16 | NEW YORK | NY | 10017 | NONE | PC | YOUTH PROGRAMS | $82,000 |
| CERTELL INC | |||||||
| 2201 E 46TH ST 302 | INDIANAPOLIS | IN | 46205 | NONE | PC | EQUIPPING STUDENTS TO ENGAGE IN DEMOCRACY | $7,000 |
| DALLAS HOLOCAUST HUMAN RIGHTS MUSEU | |||||||
| 300 N HOUSTON ST | DALLAS | TX | 75202 | NONE | PC | RULE OF LAW SERIES | $25,000 |
| NATIONAL CONSTITUTION CENTER | |||||||
| 525 ARCH ST | PHILADELPHIA | PA | 19106 | NONE | PC | CONSTITUTIONAL EDUCATION SUPPORT | $45,000 |
| SAN ANTONIO REPORT | |||||||
| 126 GONZALES ST 100 | SAN ANTONIO | TX | 78205 | NONE | PC | CIVIC ENGAGEMENT REPORTING | $20,000 |
| TEXAS FFA FOUNDATION | |||||||
| 614 EAST 12TH STREET | AUSTIN | TX | 78701 | NONE | PC | LEGISLATIVE LEAD | $50,000 |
| TEXAS PUBLIC POLICY FOUNDATION | |||||||
| 901 CONGRESS AVENUE | AUSTIN | TX | 78701 | NONE | PC | GENERAL SUPPORT | $32,500 |
| THE POLICY CIRCLE | |||||||
| 1189 WILMETTE AVE 210 | WILMETTE | IL | 60091 | NONE | PC | LEADERSHIP COUNCIL | $12,500 |
| UNITED STATES ASSN OF FORMER MEMBER | |||||||
| 1401 K STREET NW 901 | WASHINGTON | DC | 20005 | NONE | PC | SUMNERS SCHOLARS | $47,000 |
| YMCA OF AUSTIN | |||||||
| 55 NORTH IH-35 | AUSTIN | TX | 78705 | NONE | PC | TEXAS YOUTH AND GOVERNMENT | $135,000 |
| CONSTITUTIONAL RIGHTS FOUNDATION | |||||||
| 601 S KINGSLEY DR | LOS ANGELES | CA | 90005 | NONE | PC | CIVIC LEARNING IN NEW MEXICO | $10,000 |
| CIVICS UNPLUGGED | |||||||
| 335 MADISON AVE | NEW YORK | NY | 10017 | NONE | PC | CIVIC INNOVATORS | $32,500 |
| FORT WORTH REPORT | |||||||
| 2003 8TH AVE 300 | FORT WORTH | TX | 76110 | NONE | PC | CIVIC ENGAGEMENT | $25,000 |
| INTERNATIONAL LITERACY DEVELOPMENT | |||||||
| PO BOX 383153 | DUNCANVILLE | TX | 75138 | NONE | PC | ROHINGYA LANGUAGE AND LITERACY PROGRAM | $20,000 |
| LEADERSHIP OKLAHOMA | |||||||
| 3037 NW 63RD ST 104 | OKLAHOMA CITY | OK | 73116 | NONE | PC | YOUTH LEADERSHIP | $5,000 |
| LIBERTAS ACADEMY-SCORRO ISD | |||||||
| 12101 PELLICANO DR | EL PASO | TX | 79936 | NONE | GOV | 7.0 | $15,000 |
| NATIONAL ARCHIVES FOUNDATION | |||||||
| 700 PENNSYLVANIA AVENUE NW | WASHINGTON | DC | 20408 | NONE | PC | PEDAGOGY PROGRAMS | $60,000 |
| RONALD REAGAN PRESIDENTIAL FOUNDATI | |||||||
| 40 PRESIDENTIAL DRIVE | SIMI VALLEY | CA | 93065 | NONE | PC | REGIONAL GREAT COMMUNICATOR DEBATE SERIES COMPETITION | $22,500 |
| THE JAMES MADISON INSTITUTE | |||||||
| 100 N DUVAL ST | TALLAHASSEE | FL | 32301 | NONE | PC | CIVICS EDUCATION PROJECT | $25,000 |
| LUCY BURNS INSTITUTE DBA BALLOTPEDI | |||||||
| 8383 GREENWAY BLVD 600 | MIDDLETON | WI | 53562 | NONE | PC | SUMMER BALLOTPEDIA FELLOWSHIP | $26,000 |
| THE STEAMBOAT INSTITUTE | |||||||
| PO BOX 883037 | STEAMBOAT SPRINGS | CO | 80488 | NONE | PC | LIBERTY TOUR | $25,000 |
| VOTE SMART | |||||||
| 1153 24TH STREET | DES MOINES | IA | 50311 | NONE | PC | FASTFACTS PROJECT | $5,000 |
| GILDER LEHRMAN INSTITUTE OF AM HIST | |||||||
| 49 WEST 45TH STREET | NEW YORK | NY | 10036 | NONE | PC | TEACHING CIVICS THROUGH HISTORY | $31,250 |
| CLOSE UP FOUNDATION | |||||||
| 671 N GLEBE RD 900 | ARLINGTON | VA | 22203 | NONE | PC | EDUCATION PROGRAMS | $14,250 |
| FOUNDATION FOR ECONOMIC ED | |||||||
| 1819 PEACHTREE RD NW 300 | ATLANTA | GA | 30309 | NONE | PC | TEACHER TRAINING CONFERENCE | $6,250 |
| OKLAHOMA INSTITUTE FOR CHILD ADVOCA | |||||||
| 2915 N CLASSEN BLVD 320 | OKLAHOMA CITY | OK | 73106 | NONE | PC | YOUTH LEGISLATIVE EXPERIENCE | $2,500 |
| PHLANTHROPY ROUNDTABLE | |||||||
| 1120 20TH ST NW 550 | WASHINGTON | DC | 20036 | NONE | PC | GENERAL SUPPORT | $10,000 |
| TEXAS BOYS STATE | |||||||
| PO BOX 140527 | AUSTIN | TX | 78714 | NONE | PC | GENERAL SUPPORT | $20,000 |
| THANKS-GIVING FOUNDATION | |||||||
| PO BOX 131770 | DALLAS | TX | 75313 | NONE | PC | BREAKING BREAD & BUILDING BRIDGES PROGRAMS | $25,000 |
| THE DALLAS HISTORICAL SOCIETY | |||||||
| 3939 E GRAND AVE | DALLAS | TX | 75210 | NONE | PC | RE-HOUSING OF HATTON SUMNERS COLLECTION | $5,000 |
| WORLD AFFAIRS COUNCIL OF DFW | |||||||
| 325 NORTH ST PAUL ST 4200 | DALLAS | TX | 75201 | NONE | PC | SUMNERS CIVICS LECTURES | $30,000 |
| ASHBROOK UNIVERSITY | |||||||
| 401 COLLEGE AVE | ASHLAND | OH | 44805 | NONE | PC | GENERAL SUPPORT | $3,750 |
| GEORGE W BUSH PRESIDENTIAL CENTER | |||||||
| 2943 SMU BOULEVARD | DALLAS | TX | 75205 | NONE | PC | PROGRAMMING FOR SUMNERS SCHOLARS | $125,000 |
| individual scholarships given | |||||||
| 2201 west royal lane 100 | irving | TX | 75063 | NONE | I | educational scholarships | $476,746 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,689,297 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,427,018 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,265,214 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $25,302 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $377,083 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| OIL & GAS ROYALTIES | 15 | $1,323,757 | |||
| pass through from K-1's | 16 | -$256,146 | 531120 | $689,209 | |
| TAX REFUND | $3,775 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $714,511 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,136,926 | ExclusionAmt |
| Related Or Exempt Function Incm | $3,775 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,855,212 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | accounting fees | CategoryTxt |
| Amt | $90,348 | Amt |
| Net Investment Income | $22,587 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $67,761 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LAZARD INTERNATIONAL STRATEGY | $3,609,882 | $3,609,882 |
| FEDERATED HERMES ULTRASHORT BOND INST | $9,078,078 | $9,078,078 |
| JANUS HENDERSON FUNDS ENTERPRISE 1 | $6,224,815 | $6,224,815 |
| VANGUARD INST INDEX INST | $9,264,021 | $9,264,021 |
| VANGUARD SM CAP INDEX ADMIRAL | $3,688,572 | $3,688,572 |
| WILLIAM BLAIR FUNDS EMRG MKTS SM CAP | $2,695,823 | $2,695,823 |
| INVESCO EXCHANGE TRADED S&P 500 | $4,253,744 | $4,253,744 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItemTxt |
| Cost Or Other Basis | $279,402 | CostOrOtherBasisAmt |
| Book Value | $279,402 | BookValueAmt |
| EOYFMV | $279,402 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (32 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERRA AGRI FUND II LP | FMV | $1,124,167 | $1,124,167 |
| WHITEBOX MULTI STRATEGY FUND | FMV | $1,262,708 | $1,262,708 |
| ML-K-18-WP TRUST IV | FMV | $38,538 | $38,538 |
| LINX FUND I LP | FMV | $7,938,927 | $7,938,927 |
| CAPITAL ROY PARTNERS II | FMV | $65,804 | $65,804 |
| ORRI GULF OF MEXICO | FMV | $891,335 | $891,335 |
| ORRI OKLAHOMA #1 | FMV | $1,253 | $1,253 |
| ORRI OKLAHOMA #2 | FMV | $18,005 | $18,005 |
| ORRI KANSAS #1 | FMV | $1,276,479 | $1,276,479 |
| ORRI LOUISIANA #1 | FMV | $56,149 | $56,149 |
| ORRI NM #1 | FMV | $36,262 | $36,262 |
| ORRI LOUISIANA #5 | FMV | $714 | $714 |
| ORRI LOUISIANA # 3 | FMV | $219,994 | $219,994 |
| ORRI TEXAS #2 | FMV | $112,862 | $112,862 |
| ORRI TEXAS #1 | FMV | $37,103 | $37,103 |
| ORRI KANSAS #2 | FMV | $29,901 | $29,901 |
| ORRI WYOMING #1 | FMV | $432,049 | $432,049 |
| MADISON 1600 VICEROY | FMV | $22,621 | $22,621 |
| PINNACLE IV | FMV | $712,356 | $712,356 |
| AMERRA AGRI FUND III | FMV | $958,794 | $958,794 |
| HACKBERRY CREEK | FMV | $1,411,148 | $1,411,148 |
| MADISON, LLC | FMV | $2,096,984 | $2,096,984 |
| AMERRA AGR FUND II ANNEX | FMV | $783,920 | $783,920 |
| PINNACLE V LP | FMV | $773,988 | $773,988 |
| PARR CAPITAL 122 WEST | FMV | $2,567,869 | $2,567,869 |
| MANOR RV PARK LLC | FMV | $75,752 | $75,752 |
| PAR CAPTIAL-GATEWAY LLC | FMV | $1,132,679 | $1,132,679 |
| ORRI TEXAS #6 | FMV | $2,046,027 | $2,046,027 |
| ORRI LOUISIANNA #2 | FMV | $13,364 | $13,364 |
| ORRIS LOUISIANNA #4 | FMV | $24,773 | $24,773 |
| MISCELLANEOUS | FMV | $60,123 | $60,123 |
| MACHINE INVESTMENT GROUP | FMV | $1,741,236 | $1,741,236 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Furniture and Fixtures | CategoryOrItemTxt |
| Cost Or Other Basis | $36,219 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $7,316 | AccumulatedDepreciationAmt |
| Book Value | $28,903 | BookValueAmt |
| EOYFMV | $28,903 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | legal fees | CategoryTxt |
| Legal Fees | $1,756 | LegalFeesAmt |
| Net Investment Income | $439 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,317 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT OF USE ASSET | Desc |
| EOY Book Value | $151,093 | EOYBookValueAmt |
| EOYFMV | $151,093 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| GRANTS ADMINISTRATION | $27,242 | $6,811 | $20,432 |
| INFORMATION TECHNOLOGY | $11,014 | $2,754 | $8,261 |
| INSURANCE | $23,105 | $5,776 | $17,329 |
| INTERVIEW EXPENSES | $12,562 | $3,139 | $9,418 |
| INVESTMENT EXPENSES | $172,466 | $172,466 | |
| MANAGEMENT FEES | $634,949 | $634,949 | |
| MISCELLANEOUS | $25,262 | $6,316 | $18,947 |
| office supplies | $4,187 | $1,047 | $3,140 |
| OIL & GAS MAINTENANCE | $48,900 | $12,225 | $36,675 |
| POSTAGE | $781 | $195 | $586 |
| STAFF EXPENSES | $2,540 | $635 | $1,905 |
| TELEPHONE | $7,914 | $1,979 | $5,936 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OIL & GAS ROYALTIES | $1,323,757 | $1,323,757 |
| pass through from K-1's | $433,063 | -$256,146 |
| TAX REFUND | $3,775 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deferred Excise Taxes | $132,974 | $196,205 |
| EXCISE TAX PAYABLE | $12,857 | $164,464 |
| OPERATING LEASE LIABILITY | $152,450 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $245,286 | ||
| PAYROLL TAX | $27,825 | $4,174 | $23,651 |
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