2021-08-23T06:29:40-00:00 2020-12-31 REGINALD DEWAYNE SHERMAN CPA 1075 GRIFFIN STREET WEST SUITE 109 DALLAS TX 75215 990 2020-01-01 463947870 TREASURED VESSELS FOUNDATION TREA 2145075050 PO BOX 2256 Frisco TX 75034 ALICIA BUSH CEO 9189491311 2021-08-23 true ALICIA BUSH 999009999 REGINALD D SHERMAN P00506075 4697098125 2021-08-23 AAL1 IAL1 2020 2022-09-23 18:48:47Z F-K-A CHOSEN FAMILY ALICIA BUSH PO BOX 2256 FRISCO TX 75034 555888 false X WWW.TREASUREDVESSELSFOUNDATION.ORG X 2013 TX TREASURED VESSLES FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING. 5 5 2 0 233109 543336 0 5 8 -2665 0 230449 543344 0 0 157366 0 50931 148926 250882 148926 408248 81523 135096 245009 406903 8437 37973 236572 368930 X TREASURED VESSLES FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING. false false 250580 TREASURED VESSELS FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING.. 250580 true true false false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 19 0 true 2 true false false false false false false false false false false false false X 5 5 true false false false false false false true true false false true true true true true true false false false TREASURED VESSELS FOUNDATION 9189491311 PO BOX 2256 FRISCO TX 75034 X ALICIA BUSH CEO PRESIDENT 040.00 X X 0 0 0 DAVID BECKETT DIRECTOR 001.00 X 0 0 0 KATE VALENT DIRECTOR 001.00 X 0 0 0 JAMES CABRERA DIRECTOR 001.00 X 0 0 0 DUGAN KELLEY DIRECTOR 001.00 X 0 0 0 TAMIEL KENNEY DIRECTOR 001.00 X 0 0 0 RYAN McCOY DIRECTOR 001.00 X 0 0 0 false false false 20242 45681 477413 20242 543336 8 12544 45681 12544 543344 0 0 0 0 0 0 145006 75289 48121 21596 0 12360 6713 5548 99 0 0 0 12050 12050 0 0 0 0 9956 910 9046 0 0 40149 37273 2876 2170 338 1832 0 0 0 0 3000 3000 10502 10040 462 SUPPLIES AND FURNISHINGS 7622 6106 1516 PUBLIC AWARENESS 1630 1630 CONTRACTED SERVICES 120925 71130 20559 29236 TRANSACTION FEES 2666 2666 40212 38151 2062 408248 250580 106738 50931 125569 264171 13792 5000 2500 129440 3000 114440 126440 245009 406903 8437 37973 8437 37973 X 176823 254781 59749 114149 236572 368930 245009 406903 135096 -2738 X false true X true false X 88596 101522 189033 233109 543336 1155596 88596 101522 189033 233109 543336 1155596 1155596 1 7 5 8 21 1920 1920 1157537 125812 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 64850 64850 46523 46523 15000 3000 12000 3067 3067 126440 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X THE FOUNDATION IS EXMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 C 3 OF THE INTENAL REVENIE CODE irc AND HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION AS DEFINDED IN THE IRS. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE FOUNDTIONS EXEMPT PURPOSES INS SUBJECT TO TAX UNDR IRC SECTION 511. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME FO THE YEAR ENDED DECEMBER 31, 2020. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INOME TAX. X GAAP REQUIRES THE EVALUATION OF TAX POSTION TAKEN IN THE COURSE OF PREPARING THE FOUNDATIONS TAX RETURN AND RECOGNITION OF A TAX LIABILITY OR ASSET IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED TEH TAX POSITION TAKEN BY THE FOUNDATION , AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN TAX POSTIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. LADIES LUNCHEON 58225 45681 12544 10072 387 2085 58225 45681 12544 10072 387 2085 12544 Form 990, Part III, Line LINE 1 TREASURED VESSELS FOUNDATION IS DEVOTED TO PROVIDING A LONG-TERM SAFE PLACE FOR HEALING AND GROWTH TO INDIVIDUALS IMPACTED BY TRAUMA FROM EXPLOITATION IN SEX TRAFFICKING. THE FOUNDATION AIMS TO PROVIDE THESE SERVICES THROUGH BUILDING SHELTERS, THERAPY AS PART OF THE HEALING PROCESS AND RESTORING HOPE FOR THE FUTURE. THE FOUNDATION OFFICIALLY BEGAN PROGRAM OPERATIONS IN NOVEMBER 2019. Form 990, Part VI, Line LINE 2 DAVID BECKETT IS THE CFO FOR A COMPANY OWNED BY THE CEOS SPOUSE. Form 990, Part VI, Line LINE 11B ALL BOARD MEMBERS WILL RECIEVE A COPY OF THE FORM 990 PRIOR TO FILING. Form 990, Part VI, Line LINE 12C THE VOLUNTEER CEO REVIEWS COI POLICIES AND MAINTAINS TRANSPARENCY THROUGHOUT ORGANIZATION AND DIRECTOR MEETINGS. IF A DIRECTOR HAS A CONFLICT THEN THEY ARE REQUIRED TO RECUSE THEMSELF FROM THE DISCUSSION AND VOTE. Form 990, Part VI, Line LINE 19 UPON REQUEST