SADLER FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SADLER FAMILY FOUNDATION (EIN 75-2918989)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202531359349103123
- Schema version
- 2023v6.0
- 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
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T09:58:20-07:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751503978 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY & PETERS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3304 S BROADWAY AVE | AddressLine1Txt |
| City | TYLER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752918989 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SADLER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SADL | BusinessNameControlTxt |
| Phone | 9037870788 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1746 | AddressLine1Txt |
| City | HENDERSON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75653 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HAROLD SADLER | PersonNm |
| Person Title | MANAGER/DIRECTOR | PersonTitleTxt |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | Ginny Ragland | PreparerPersonNm |
| PTIN | P00160325 | PTIN |
| Phone | 9035976311 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $61,010,867 | 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 | $12,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,419,415 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,419,415 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $110 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $110 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $110 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,673,897 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,856,666 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,673,897 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$14,085 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $4,091,337 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,093,422 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $65,952 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $65,952 | OthEmplSlrsWgsNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $4,640 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,640 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $188,258 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $188,258 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $65,941 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,941 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $3,893 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,811 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $328,684 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $265,602 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,556,372 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,556,372 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,885,056 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $265,602 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,556,372 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,206,281 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,827,820 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,948,909 | CashBOYAmt |
| Cash EOY | $801,917 | CashEOYAmt |
| Cash EOYFMV | $801,917 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,785,564 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $956,732 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $956,732 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $9,686,823 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $3,768,829 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $9,686,823 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $9,686,823 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $36,029,408 | CorporateStockBOYAmt |
| Corporate Stock EOY | $31,619,649 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $40,610,052 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,385,712 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,060,793 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,850,643 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $104,700 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $104,700 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $104,700 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $54,023,122 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,230,614 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $61,010,867 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $11,071 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $12,282 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $11,071 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,282 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $54,012,051 | RetainedEarningBOYAmt |
| Retained Earning EOY | $56,218,332 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $54,012,051 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $56,218,332 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $54,023,122 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $56,230,614 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $54,012,051 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,206,281 | ExcessRevenueOverExpensesAmt |
| Subtotal | $56,218,332 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $56,218,332 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UBS #2214 - ST | P | 2023-07-01 | 2024-06-30 | $750,000 | $750,000 | ||
| UBS #2214 - LT | P | 2022-07-01 | 2024-06-30 | $2,094,470 | $1,950,000 | $144,470 | $144,470 |
| UBS #2328 - ST | P | 2023-07-01 | 2024-06-30 | $897,269 | $873,120 | $24,149 | $24,149 |
| UBS #2328 - LT | P | 2022-07-01 | 2024-06-30 | $3,683,464 | $2,430,591 | $1,252,873 | $1,252,873 |
| UBS #2329 - ST | P | 2023-07-01 | 2024-06-30 | $985,705 | $971,876 | $13,829 | $13,829 |
| UBS #2329 - LT | P | 2022-07-01 | 2024-06-30 | $1,546,974 | $1,687,138 | -$140,164 | -$140,164 |
| UBS #2330 - LT | P | 2023-07-01 | 2024-06-30 | $546,786 | $566,021 | -$19,235 | -$19,235 |
| UBS #2342 - ST | P | 2022-07-01 | 2024-06-30 | $681,936 | $674,654 | $7,282 | $7,282 |
| UBS #2342 - LT | P | 2023-07-01 | 2024-06-30 | $2,016,044 | $1,629,225 | $386,819 | $386,819 |
| UBS #2394 - LT | P | 2022-07-01 | 2024-06-30 | $152,519 | $112,435 | $40,084 | $40,084 |
| UBS #2395 - ST | P | 2023-07-01 | 2024-06-30 | $204,715 | $237,458 | -$32,743 | -$32,743 |
| UBS #2395 - LT | P | 2022-07-01 | 2024-06-30 | $296,784 | $297,556 | -$772 | -$772 |
| PARTNERSHIP LT CAP LOSS | P | 2022-07-01 | 2024-06-30 | $2,695 | -$2,695 | -$2,695 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,673,897 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $372,819 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $53,207 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $53,207 | SubtotalAmt |
| Tax Based On Investment Income | $53,207 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $32,121 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $32,121 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $21,086 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAROLD SADLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9036460996 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1746 | AddressLine1Txt |
| City | HENDERSON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75653 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| HAROLD SADLER | ||||||
| 1206 N FRISCO | HENDERSON | TX | 75653 | Manager/Directo | 3.00 | $0 |
| MILDRED SADLER | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| ROBIN SADLER | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| JASON FLANAGAN | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| SAMUEL SADLER | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| JACK SADLER | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| BARBARA QUINN | ||||||
| PO BOX 1088 | HENDERSON | TX | 75653 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $53,409,857 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,131,691 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,823,499 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $62,365,047 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $62,365,047 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $935,476 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $61,429,571 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,071,479 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,071,479 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $53,207 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $53,207 | TotalTaxAmt |
| Distributable Before Adj | $3,018,272 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,018,272 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,018,272 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,556,372 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,556,372 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,018,272 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $1,403,544 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,352,405 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,755,949 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,556,372 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,556,372 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $1,461,900 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,461,900 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,294,049 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,294,049 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $2,294,049 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JASON FLANAGAN | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SADLER FAMILY FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1746 | AddressLine1Txt |
| City | HENDERSON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75653 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9035392159 | RecipientPhoneNum |
| Recipient Email Address | dgoode@sbbqinvestments.com | RecipientEmailAddressTxt |
| Form And Info And Materials | SUBMISSIONS SHOULD BE MADE BY LETTER WITH THE FOLLOWING INFORMATION:1. NAME OF GROUP OR ORGANIZATION2. PURPOSE OF ORGANIZATION'S ACTIVITIES3. STATE THE SPECIFIED NEED4. COPY OF NON-PROFIT DOCUMENTS5. AMOUNT REQUESTED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | 1. ORGANIZATION MUST BE DOMICILED IN THE US2. MUST BE A NON-PROFIT ORGANIZATION3. GRANTS ARE MADE PRIMARILY TO CHRISTIAN EDUCATION, YOUTH SPORTS GROUPS AND YOUTH OR ELDERLY IN FINANCIAL NEED | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Full Armor Christian Academy | |||||||
| PO Box 208 | Henderson | TX | 75653 | None | PC | GENERAL SUPPORT | $203,365 |
| Iglesia Baptiste Church | |||||||
| 520 W Main St | Henderson | TX | 75652 | None | PC | GENERAL SUPPORT | $166,068 |
| First Baptist Church | |||||||
| 207 W Main St | Henderson | TX | 75652 | None | PC | GENERAL SUPPORT | $69,832 |
| Christian Women's Job Corps | |||||||
| 210 N Sioux Street | Henderson | TX | 75652 | None | PC | GENERAL SUPPORT | $30,000 |
| Boys Girls Club of Rusk County | |||||||
| 710 Robertson Blvd | Henderson | TX | 75652 | None | PC | GENERAL SUPPORT | $3,600 |
| Dallas Baptist University | |||||||
| 3000 Mountain Creek Parkway | Dallas | TX | 75211 | None | PC | GENERAL SUPPORT | $50,000 |
| Faith Comes By Hearing | |||||||
| 2421 Axtec Rd NE | Albuquerque | NM | 87101 | None | PC | GENERAL SUPPORT | $17,400 |
| Carlisle Alumni Assn | |||||||
| PO Box 13 | Price | IA | 50047 | None | PC | GENERAL SUPPORT | $6,800 |
| East Texas Angel Network | |||||||
| 2802 Gilmer Rd Ste 1 | Longview | TX | 75601 | None | PC | GENERAL SUPPORT | $2,000 |
| Liberty University | |||||||
| PO Box 10425 | Lynchburg | VA | 24506 | NONE | PC | GENERAL SUPPORT | $9,970 |
| Texas AM University | |||||||
| 6001 TAMU | College Station | TX | 77843 | NONE | PC | GENERAL SUPPORT | $66,485 |
| Youth Shelters Family Services | |||||||
| PO Box 28279 | Santa Fe | NM | 87592 | NONE | PC | GENERAL SUPPORT | $500 |
| Henderson Food Bank | |||||||
| 1780 Jacksonville Dr | Henderson | TX | 75654 | NONE | PC | GENERAL SUPPORT | $5,000 |
| Help the Youth Yates Park | |||||||
| PO Box 1121 | Henderson | TX | 75653 | NONE | PC | GENERAL SUPPORT | $2,500 |
| Asha Partners | |||||||
| PO BOX 540294 | DALLAS | TX | 75354 | NONE | PC | GENERAL SUPPORT | $811,588 |
| East Texas Baptist Univeristy | |||||||
| One Tiger Drive | Marshall | TX | 75670 | NONE | PC | GENERAL SUPPORT | $58,714 |
| Liberty Counsel | |||||||
| PO BOX 540774 | ORLANDO | FL | 32854 | NONE | PC | GENERAL SUPPORT | $20,000 |
| Fat Boy Foundation | |||||||
| 2248 CR 416 S | Henderson | TX | 75654 | NONE | PC | PHILANTHROPIC GIVING | $1,000 |
| Hiway 80 Rescue Mission | |||||||
| 3123 W Marshall Ave | Longview | TX | 75604 | NONE | PC | BENEVOLENCE | $500 |
| Intl Fellowship of Christian Jew | |||||||
| 303 E Wacker Dr Ste 230 | Chicago | IL | 60601 | NONE | PC | PHILANTHROPIC GIVING | $25,000 |
| National FireSafety Council Inc | |||||||
| 401 W Main St | Henderson | TX | 75654 | NONE | PC | PHILANTHROPIC GIVING | $150 |
| Renaissance Club | |||||||
| PO Box 1322 | Henderson | TX | 75653 | NONE | PC | PHILANTHROPIC GIVING | $5,000 |
| St Jude Children's Research Hospita | |||||||
| PO Box 50 | Memphis | TN | 38101 | NONE | PC | PHILANTHROPIC GIVING | $500 |
| Wounded Warrior Project | |||||||
| PO Box 758533 | Topeka | KS | 66675 | NONE | PC | PHILANTHROPIC GIVING | $400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,556,372 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,419,415 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $110 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,673,897 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| PARTNERSHIP UBTI | 901101 | -$14,019 |
| PARTNERSHIP UBTI SEC 1231 | 901101 | -$66 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$14,085 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,093,422 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,079,337 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JASON FLANAGAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1821 EAST MAIN ST | AddressLine1Txt |
| City | HENDERSON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75652 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $12,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Professional Fees | CategoryTxt |
| Amt | $4,640 | Amt |
| Net Investment Income | $4,640 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP NON-DEDUCTIBLE EXPENSE | $82 | |
| PARTNERSHIP OTHER DEDUCTIONS | $3,811 | $3,811 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| PARTNERSHIP UBTI | -$14,019 |
| PARTNERSHIP UBTI SEC 1231 | -$66 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $188,258 | Amt |
| Net Investment Income | $188,258 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE TAXPAYER IS REQUESTING AN AUTOMATIC UNDERPAYMENT PENALTY WAIVER PURSUANT TO TX-2024-08, TX-2024-13, AND IR 2024-191 RELATED TO HURRICANE BERYL AND THE TEXAS SEVERE STORMS, STRAIGHT-LINE WINDS, TORNADOES AND FLOODING DISASTERS. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAXES | $63,000 | |
| FOREIGN TAX EXPENSE | $2,941 | $2,941 |
Comments