ARMAT FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ARMAT FOUNDATION INC (EIN 56-2045002)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-14
- IRS object ID
- 202001969349100810
- Schema version
- 2019v5.1
- 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
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-14T08:22:42-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 571157523 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APRIO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1707 | AddressLine1Txt |
| City | MOUNT AIRY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562045002 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMAT FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARMA | BusinessNameControlTxt |
| Phone | 3367864512 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1234 GREENHILL ROAD | AddressLine1Txt |
| City | MOUNT AIRY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27030 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETTY WRIGHT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3367864512 | PhoneNum |
| Signature | 2020-07-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | D CHAD STAFFORD CPA | PreparerPersonNm |
| PTIN | P01346852 | PTIN |
| Phone | 3367898989 | PhoneNum |
| Preparation | 2020-07-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $2,156,942 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $674 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $674 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $70,569 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $69,128 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$12,730 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $75,638 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $58,513 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $69,802 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,215 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,215 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,615 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,330 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,465 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $117,705 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $117,705 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $128,035 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,465 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $120,955 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$69,522 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $64,337 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $78,521 | CashBOYAmt |
| Cash EOY | $33,402 | CashEOYAmt |
| Cash EOYFMV | $33,402 | CashEOYFMVAmt |
| Acct Rcvbl | $309 | AcctRcvblAmt |
| Acct Rcvbl BOY | $221 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $309 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $309 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,429 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,814 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,814 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $1,488,117 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,463,241 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,121,417 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,568,288 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,498,766 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,156,942 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,568,288 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,498,766 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,568,288 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,498,766 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,568,288 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,498,766 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,568,288 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$69,522 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,498,766 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,498,766 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2019-12-31 | SoldDt |
| Gross Sales Price | $75,638 | GrossSalesPriceAmt |
| Cost Or Other Basis | $88,368 | CostOrOtherBasisAmt |
| Gain Or Loss | -$12,730 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$12,730 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$12,730 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $92,086 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,274,167 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.040492 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $88,081 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,886,536 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046689 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $107,480 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,773,480 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.060604 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $95,891 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $2,125,281 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045119 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $85,735 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,111,388 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.040606 | DistributionYr5Rt |
| Total Distribution | 0.233510 | TotalDistributionRt |
| Average Distribution | 0.046702 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,111,493 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $98,611 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $643 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $99,254 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $120,955 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $643 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $643 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $643 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,814 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,814 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,171 | OverpaymentAmt |
| Applied To ES Tax | $1,171 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BETTY WRIGHT | IndividualWithBooksNm |
| Phone | 3367864512 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1234 GREENHILL ROAD | AddressLine1Txt |
| City | MOUNT AIRY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 270309474 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BETTY WRIGHT | ||||||||
| 1234 GREENHILL ROAD | MOUNT AIRY | NC | 270309474 | PRESIDENT, SECRETARY | 1.00 | $0 | $0 | $0 |
| TAMRA WRIGHT THOMAS | ||||||||
| 1234 GREENHILL ROAD | MOUNT AIRY | NC | 270309474 | ASST. SEC. | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,055,394 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $86,562 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,692 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,143,648 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,143,648 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $32,155 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,111,493 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $105,575 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $105,575 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $643 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $643 | TotalTaxAmt |
| Distributable Before Adj | $104,932 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $104,932 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $104,932 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $120,955 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $120,955 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $643 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $120,312 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $104,932 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $105,947 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $120,955 | QualifyingDistributionsAmt |
| Applied To Year1 | $105,947 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,008 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $89,924 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BETTY WRIGHT | ContributingManagerNm |
| Contributing Manager | TAMRA WRIGHT THOMAS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CENTRAL UNITED METHODIST CHURCH | ||||||
| 1909 NORTH MAIN STREET | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $100 |
| CHILDREN'S CENTER OF NORTHWEST NC | ||||||
| 520 NORTH MAIN STREET | MOUNT AIRY | NC | 27017 | PC | UNRESTRICTED | $10,000 |
| CHILDREN'S HOSPITAL OF THE KINGS DAUGHTERS | ||||||
| 601 CHILDRENS LANE | NORFOLK | VA | 23507 | PC | UNRESTRICTED | $500 |
| COLLEGE PARK BAPTIST CHURCH | ||||||
| 1701 POLO ROAD | WINSTONSALEM | NC | 27106 | PC | UNRESTRICTED | $25 |
| CRISIS CONTROL MINISTRY | ||||||
| 200 10TH STREET EAST | WINSTONSALEM | NC | 27101 | PC | UNRESTRICTED | $100 |
| CROHN'S & COLITIS FOUNDATION OF AMERICA (CCFA) | ||||||
| 386 PARK AVENUE SOUTH 17TH FLOOR | NEW YORK | NY | 10016 | PC | UNRESTRICTED | $50 |
| FLAT ROCK BAPTIST CHURCH | ||||||
| 1313 EAST PINE STREET | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $100 |
| GRACE MORAVIAN CHURCH | ||||||
| 1401 NORTH MAIN STREET | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $50 |
| HOME MORAVIAN CHURCH | ||||||
| 529 SOUTH CHURCH STREET | WINSTONSALEM | NC | 27101 | PC | UNRESTRICTED | $75 |
| IVY GREEN BAPTIST CHURCH | ||||||
| 818 OLD VOWGAP ROAD | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $5,000 |
| LIONS CLUB INT'L FOUNDATION | ||||||
| 300 WEST 22ND STREET | OAK BROOK | IL | 60523 | PC | UNRESTRICTED | $100 |
| MOUNT AIRY RESTORATION FOUNDATION | ||||||
| 301 MOORE AVENUE | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $1,100 |
| MOUNT AIRY ROTARY | ||||||
| PO BOX 781 | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $100 |
| NATIONAL TRUST FOR HISTORIC PRESERVATION | ||||||
| 2600 VIRGINIA AVE NW STE 1000 | WASHINGTON | DC | 20037 | PC | UNRESTRICTED | $30 |
| QUAKER GAP BAPTIST CHURCH | ||||||
| 2265 FLAT SHOALS ROAD | KING | NC | 27021 | PC | UNRESTRICTED | $50 |
| SENIOR SERVICES INC | ||||||
| 2895 SHOREFAIR DRIVE | WINSTONSALEM | NC | 27105 | PC | UNRESTRICTED | $100 |
| SUNRISE ROTARY | ||||||
| PO BOX 781 | MOUNT AIRY | NC | 27030 | PC | UNRESTRICTED | $100 |
| SURRY COMMUNITY COLLEGE | ||||||
| 630 SOUTH MAIN STREET | DOBSON | NC | 27017 | PC | BETTY AND HYLTON WRIGHT SCHOLARSHIP | $100,000 |
| WOLTZ HOSPICE HOME | ||||||
| 945 ZEPHYR ROAD | DOBSON | NC | 27017 | PC | UNRESTRICTED | $125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $117,705 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $674 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $70,569 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$12,730 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $58,513 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $58,513 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,500 | Amt |
| Net Investment Income | $3,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $8,884 | $13,104 |
| AMGEN INC | $14,067 | $20,732 |
| APPLE INC | $13,141 | $37,293 |
| CITIGROUP INC | $16,065 | $23,248 |
| CITIGROUP INC, 6.875% PFD | $4,660 | $5,071 |
| EMERSON ELECTRIC CO | $6,190 | $7,702 |
| EXXON MOBIL CORP | $15,605 | $14,096 |
| F.N.B. CORP | $8,635 | $9,766 |
| GENERAL DYNAMICS CORP | $2,714 | $2,292 |
| GOLDMAN SACHS GRP INC FIXED-FLOATING PFD | $5,955 | $6,520 |
| INTEL CORP | $8,759 | $14,903 |
| ISHARES TR PFD & INCOME | $29,971 | $29,884 |
| LORD ABBETT FLOATING RATE FD CL F | $25,672 | $24,960 |
| MARTIN MARIETTA MATERIALS | $6,956 | $9,228 |
| MORGAN STANLEY PFD SER F | $4,731 | $5,094 |
| NUVEEN AMT FREE QLTY MUN FD | $30,010 | $33,735 |
| PFIZER INC | $9,705 | $12,616 |
| PILGRIM ST CORP BOND CL Z | $38,569 | $39,196 |
| INVESCO KBW REGIONAL BANKING ETF | $9,432 | $9,498 |
| PROSHARES RUSSELL 2000 DIVIDEND GROWERS | $14,295 | $17,363 |
| RAYTHEON CO | $9,381 | $13,404 |
| REGIONS FINANCIAL CORP | $10,410 | $13,574 |
| SURREY BANCORP | $1,103,778 | $1,681,853 |
| TRUST FINANCIAL PFD SER F 5.2% | $23,386 | $25,440 |
| UNITED TECHS CORP | $5,644 | $8,387 |
| VANGUARD S&P MID-CAP 400 VALUE FD | $19,043 | $22,375 |
| VERIZON COMMUNICATIONS | $7,682 | $9,456 |
| WELLS FARGO COMPANY FIXED-TO-FLOATING 5.85% | $9,901 | $10,627 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $2,215 | Amt |
| Net Investment Income | $2,215 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2018 EXCISE TAX | CategoryTxt |
| Amt | $1,615 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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