BAKER FOUNDATION OF BURLESON INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- BAKER FOUNDATION OF BURLESON INC (EIN 75-2739558)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202223189349104447
- Schema version
- 2021v4.0
- 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
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T15:21:03-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752734794 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RASCO & RASCO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST STE 100 | AddressLine1Txt |
| City | BURLESON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 760283818 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752739558 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER FOUNDATION OF BURLESON INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAKE | BusinessNameControlTxt |
| Phone | 8172952202 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST STE 100 | AddressLine1Txt |
| City | BURLESON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY BURT | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 8172952202 | PhoneNum |
| Signature | 2022-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NANCY | PersonFirstNm |
| Person Last | BURT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER BOERNER CPA | PreparerPersonNm |
| PTIN | P01325398 | PTIN |
| Phone | 8172952202 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,570,108 | 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 | $188 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,805 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,805 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $13,074 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $13,074 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $305,542 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $305,542 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $247,386 | NetRentalIncomeOrLossAmt |
| Other Income Rev And Expnss | $2,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,500 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $324,109 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $323,921 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,060 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $943 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $943 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $10,408 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,408 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $530 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $530 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $37,411 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $34,120 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $24,275 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $24,275 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $8,673 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $8,673 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $16,886 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,886 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $100,186 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,162 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,673 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $138,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $138,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $238,286 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,162 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $146,773 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $85,823 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $236,759 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $131,947 | CashBOYAmt |
| Cash EOY | $705,697 | CashEOYAmt |
| Cash EOYFMV | $705,697 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,447,334 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $983,555 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $983,555 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $1,453 | PrepaidExpensesBOYAmt |
| Land Bldg Equip Cost Or Other Bss | $724,924 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $265,684 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $480,665 | LandBOYAmt |
| Land EOY | $459,240 | LandEOYAmt |
| Land EOYFMV | $2,199,985 | LandEOYFMVAmt |
| Other Assets BOY | $343,911 | OtherAssetsBOYAmt |
| Other Assets EOY | $344,019 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $680,871 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,405,310 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,492,511 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,570,108 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $12,990 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $12,990 | AccountsPayableEOYAmt |
| Other Liabilities EOY | $1,293 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,990 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,283 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,392,320 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,478,228 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,392,320 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,478,228 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,405,310 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,492,511 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,392,320 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $85,823 | ExcessRevenueOverExpensesAmt |
| Other Increases | $85 | OtherIncreasesAmt |
| Subtotal | $2,478,228 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,478,228 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,291 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,291 | SubtotalAmt |
| Tax Based On Investment Income | $3,291 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $2,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $1,291 | TaxDueAmt |
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 |
| Individual With Books | JEFFREY SCOTT RASCO | IndividualWithBooksNm |
| Phone | 8172952202 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST STE 100 | AddressLine1Txt |
| City | BURLESON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76028 | 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 |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JEFFREY SCOTT RASCO | ||||||||
| 112 SW THOMAS ST STE 100 | BURLESON | TX | 76028 | PRES TREAS | 2.00 | $0 | $0 | $0 |
| F STEVEN MCCLURE | ||||||||
| 112 SW THOMAS ST STE 100 | BURLESON | TX | 76028 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| NANCY BURT | ||||||||
| 112 SW THOMAS ST STE 100 | BURLESON | TX | 76028 | DIRECTOR | 1.00 | $530 | $0 | $0 |
| CHRISTY DUNCAN | ||||||||
| 112 SW THOMAS ST STE 100 | BURLESON | TX | 76028 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| HAROLD RAY BOOTH | ||||||||
| 12645 STEPHENSON-LEVY RD | BURLESON | TX | 76028 | VP SEC DIR | 12.00 | $530 | $0 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION MAINTAINS TWO PROPERTIES OF HISTORIC VALUE AND PROVIDES THEM TO OTHER NONPROFIT ORGANIZATIONS AND VARIOUS COMMUNITY GROUPS TO BE UTILIZED AS AN EVENT VENUE WITHOUT CHARGE. THE OLD HISTORIC HOME HAS BEEN RESTORED AND IS BEING UTILIZED AS A MUSEUM ABOUT THE BAKER FAMILY AND THE CITY OF BURLESON TX, WHICH IS ALSO OPEN TO THE PUBLIC FREE OF CHARGE. | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,629,067 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,458,533 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,087,600 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $329,816 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $4,087,600 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $301,355 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,786,245 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $189,312 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $189,312 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,291 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,291 | TotalTaxAmt |
| Distributable Before Adj | $186,021 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $186,021 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $186,021 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $146,773 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $146,773 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $186,021 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,683 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $5,310 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $32,400 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $39,393 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $146,773 | QualifyingDistributionsAmt |
| Applied To Current Year | $146,773 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $39,248 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $39,248 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $145 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $145 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $145 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BAKER FOUNDATION OF BURLESON INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST STE 100 | AddressLine1Txt |
| City | BURLESON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8172952202 | RecipientPhoneNum |
| Form And Info And Materials | GENERAL CONTACT INFORMATION, DESCRIPTION OF NEED & BENEFIT TO COMMUNITY. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NOVEMBER 1ST | SubmissionDeadlinesTxt |
| Restrictions On Awards | LIMITED TO BURLESON TX & SURROUNDING AREAS & THE BENEFIT THEREOF. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ATHENA SOCIETY OF BURLESON | ||||||
| PO BOX 3123 | BURLESON | TX | 76028 | LOCAL ORG | CANCER PATIENTS | $5,000 |
| BURLESON EX-STUDENTS ASSN | ||||||
| PO BOX 1252 | BURLESON | TX | 76028 | LOCAL ORG | SCHOLARSHIPS-HIGH SCHOOL GRADUATES | $5,000 |
| BURLESON OPPORTUNITY FUND | ||||||
| 141 W RENFRO | BURLESON | TX | 76028 | LOCAL ORG | SCHOLARSHIPS FOR HS GRADUATES | $10,000 |
| CAREITY FOUNDATION | ||||||
| PO BOX 126038 | FORT WORTH | TX | 76126 | LOCAL ORG | CANCER PATIENTS | $5,000 |
| CASA OF JOHNSON COUNTY | ||||||
| 210 FEATHERSON | CLEBURNE | TX | 76033 | LOCAL ORG | PROMOTE WELFARE OF ABUSED FAMILIES | $10,000 |
| CENTER FOR ASD | ||||||
| PO BOX 516 | CROWLEY | TX | 76036 | LOCAL ORG | AUTISM -JOHNSON COUNTY | $2,000 |
| CRAZY 8 MINISTRIES | ||||||
| PO BOX 2833 | BURLESON | TX | 76097 | LOCAL ORG | BUILDING FUND | $20,600 |
| HARVEST HOUSE | ||||||
| 349 NW RENRO | BURLESON | TX | 76028 | LOCAL ORG | PROMOTE WELFARE OF BURLESON RESIDENT | $10,000 |
| JOHNSON COUNTY ADULT EDUCATION | ||||||
| 1005 S ANGLIN ST BLD C-18 | CLEBURNE | TX | 76031 | LOCAL ORG | ADULT LITERACY -JOHNSON COUNTY | $10,000 |
| LONGHORN COUNCIL BOY SCOUTS OF AMER | ||||||
| PO BOX 54190 | HURST | TX | 76054 | LOCAL ORG | BURLESON EVENT | $5,000 |
| MAKE A WISH FOUNDATION OF NORTH TEX | ||||||
| 4541 BELLAIRE DR S STE 10 | FORT WORTH | TX | 76109 | LOCAL ORG | PROMOTE WELFARE OF SICK CHILDREN | $2,000 |
| MEALS ON WHEELS JOHNSON COUNTY | ||||||
| 106 E KILPATRICK | CLEBURNE | TX | 76031 | LOCAL ORG | PROMOTE WELFARE OF ELDERLY MEALS | $12,500 |
| BURLESON SR CITIZENS CENTER | ||||||
| 216 SW JOHNSON | BURLESON | TX | 76028 | LOCAL ORG | PROMOTE WELFARE OF BURL SRS | $4,000 |
| PROMISES FOOD PANTRY 1ST BAPT CH | ||||||
| PO BOX 279 | BURLESON | TX | 76097 | LOCAL ORG | PROVIDE FOOD TO BURLESON RESIDENTS | $10,000 |
| OPEN DOOR FOOD BANK | ||||||
| 301 S DOBSON | BURLESON | TX | 76028 | LOCAL ORG | PROVIDE FOOD FOR JOHNSON COUNTY RESI | $7,000 |
| RED BAG PROGRAM -PATHWAY CHURCH | ||||||
| 325 NW RENFRO ST | BURLESON | TX | 76028 | LOCAL ORG | PROVIDE FOOD LOCAL CHILDREN, ELDERLY | $5,000 |
| REINSPIRE | ||||||
| PO BOX 2792 | CLEBURNE | TX | 76033 | LOCAL ORG | PROMOTE WELFARE OF FOSTER YOUTHS | $5,000 |
| WINGS OF HOPE EQUITHERAPY | ||||||
| PO BOX 445 | BURLESON | TX | 76097 | LOCAL ORG | AID FOR DISABLED CHILDREN | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $138,100 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,805 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,074 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $247,386 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $2,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $265,765 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $265,765 | 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 & TAX PREPARATION | CategoryTxt |
| Amt | $10,408 | Amt |
| Net Investment Income | $10,408 | NetInvestmentIncomeAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | REAL ESTATE LACK OF LIQUIDITY AND SALES COSTS. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (14 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 109 E ELLISON | 2007-12-15 | $210,449 | $70,374 | S/L | 39.0000 | $5,396 | $5,396 |
| 112 W ELLISON | 2007-12-15 | $128,348 | $42,920 | S/L | 39.0000 | $3,291 | $3,291 |
| 114 S MAIN | 2007-12-15 | $63,087 | $21,099 | S/L | 39.0000 | $1,618 | $1,618 |
| 114 S MAIN AC HEAT SYSTEM | 2009-12-15 | $8,000 | $8,000 | 200DB | 7.0000 | ||
| 112 W ELLISON AWNINGS | 2010-11-22 | $5,977 | $5,977 | 200DB | 7.0000 | ||
| 112 W ELLISON STRUCTURAL IMPROVEMENTS | 2013-02-04 | $43,720 | $21,860 | S/L | 15.0000 | $2,914 | $2,914 |
| 112 W ELLISON SPRINKLER SYTEM | 2013-04-24 | $33,225 | $8,306 | S/L | 15.0000 | $1,108 | $1,108 |
| BUILDING IMPROVEMENTS 112 W ELLISON | 2014-12-19 | $103,097 | $42,098 | S/L | 15.0000 | $6,873 | $6,873 |
| 1" WATER METER COMPONENTS | 2017-04-10 | $6,750 | $4,163 | S/L | 15.0000 | $225 | $225 |
| LAND -100 S DOBSON | 2007-12-15 | $52,899 | |||||
| LAND - 109 E ELLISON | 2007-12-15 | $25,875 | |||||
| LAND - 112 W ELLISON | 2007-12-15 | $23,147 | |||||
| LAND -114 S MAIN | 2007-12-15 | $17,500 | |||||
| 109 E ELLISON - GATE & CEDAR FENCE | 2021-04-02 | $2,850 | 150DB | 15.0000 | $2,850 | $2,850 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| RENTAL PROPERTIES | $605,503 | $265,684 | $339,819 | $1,648,835 |
| LAND RENTAL PROPERTIES | $119,421 | $119,421 | $551,150 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $943 | LegalFeesAmt |
| Net Investment Income | $943 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LAND BLDG FURNISHINGS B4 | Desc |
| BOY Book Value | $343,911 | BOYBookValueAmt |
| EOY Book Value | $344,019 | EOYBookValueAmt |
| EOYFMV | $680,871 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| ADVERTISING | $328 | $328 |
| RENT PROPERTY BANK CHARGES | $165 | $165 |
| INSURANCE FOR RENTALS | $10,428 | $10,428 |
| RENT PROPERTY R & M | $5,218 | $5,218 |
| RENT PROPERTY UTILITIES | $747 | $747 |
| ROUNDING |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAS ROYALTIES | Desc |
| Revenue And Expenses Per Books | $2,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $85 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| ACCRUED TAXES PAYABLE | $1,291 |
| ROUNDING | $2 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | COMMERCIAL PROPERTY MGT | CategoryTxt |
| Amt | $530 | Amt |
| Net Investment Income | $530 | NetInvestmentIncomeAmt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | REAL ESTATE LACK OF LIQUIDITY AND SALES COSTS. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| GAS WELL SEVERANCE TAX | $112 | $112 |
| GAS WELL AD VAL TAX | $127 | $127 |
| EXCISE TAX -CURRENT YR | $3,291 | |
| COMMERCIAL RENT PROPERTIES | $33,881 | $33,881 |
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