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CLARK OPPORTUNITY FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CLARK OPPORTUNITY FOUNDATION INC (EIN 46-3712403)
Tax period
2019-10-01 to 2020-09-30
Filed
2020-11-03
IRS object ID
202003169349100135
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-03T03:44:36-00:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RD HOAG AND ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1555 NORTH BELL AVE SUITE 100AddressLine1Txt
CityCARNEGIECityNm
State AbbreviationPAStateAbbreviationCd
ZIP15106ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463712403EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Clark Opportunity Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLARBusinessNameControlTxt
Phone3046121566PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1056AddressLine1Txt
CityBerkeley SpringsCityNm
State AbbreviationWVStateAbbreviationCd
ZIP25411ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHoward ClarkPersonNm
Person TitleManaging DirectorPersonTitleTxt
Signature2020-11-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT D HOAG CPA MSTPreparerPersonNm
Phone4122781600PhoneNum
Preparation2020-11-03PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address75.145.40.41IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-11IPDt
IP Tm15:47:27IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5EA7DB488DDAE7CD3F5BADCD4BB1D1164289F963AtSubmissionCreationDeviceId
At Submission Filing Device IdB2AEDC6BA8ED7659A17596FB3441B40C7266B244AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,064,015FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$225InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$225InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$107,324DividendsRevAndExpnssAmt
Dividends Net Invst Incm$107,324DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$168,533NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$268,533GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$168,533CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$797,036OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$797,036OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,073,118TotalRevAndExpnssAmt
Total Net Invst Incm$1,073,118TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,150AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,575AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,575AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$33,247OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$33,427OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$41,701TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$13DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$3,544OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$3,544OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$81,655TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$35,002TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,119TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$159,379ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$159,379ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$241,034TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$35,002TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$164,498TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$832,084ExcessRevenueOverExpensesAmt
Net Investment Income$1,038,116NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$116,252SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$101,351SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$101,351SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$5,674,992CorporateStockBOYAmt
Corporate Stock EOY$6,962,664CorporateStockEOYAmt
Corporate Stock EOYFMV$6,962,664CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$8,374LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,368LandBldgEquipAccumDeprecAmt
Land BOY$20LandBOYAmt
Land EOY$6LandEOYAmt
Total Assets BOY$5,791,264TotalAssetsBOYAmt
Total Assets EOY$7,064,021TotalAssetsEOYAmt
Total Assets EOYFMV$7,064,015TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,791,264RetainedEarningBOYAmt
Retained Earning EOY$7,064,021RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,791,264TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,064,021TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,791,264TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,064,021TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,791,264TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$832,084ExcessRevenueOverExpensesAmt
Other Increases$440,673OtherIncreasesAmt
Subtotal$7,064,021SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,064,021TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ML - 07216P2018-02-222020-02-28$57,280$50,000$7,280$7,280
ML - 07216P2018-05-242020-05-29$57,880$50,000$7,880$7,880
FieldValueIRS element (for citing)
Capital Gain Net Income$168,533CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$146,219AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$4,840,756NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000000.030206DistributionYr1Rt
Adjusted Qlfy Distri Yr2$55,583AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,462,084NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000000.022576DistributionYr2Rt
Adjusted Qlfy Distri Yr3$50,535AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,250,518NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000000.040411DistributionYr3Rt
Adjusted Qlfy Distri Yr4$56,302AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,125,858NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000000.050008DistributionYr4Rt
Adjusted Qlfy Distri Yr5$32,296AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,199,657NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000000.026921DistributionYr5Rt
Total Distribution000000.170122TotalDistributionRt
Average Distribution000000.034024AverageDistributionRt
Net Vl Noncharitable Assets$6,270,615NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$213,351AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$10,381NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$223,732AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$164,498QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2013-09-09RulingLetterDt
Investment Income Excise Tax$20,762InvestmentIncomeExciseTaxAmt
Subtotal$20,762SubtotalAmt
Tax Based On Investment Income$20,762TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$40,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$40,000TotalPaymentsAndCreditsAmt
Original Return Tax Paid$40,000OriginalReturnTaxPaidAmt
Es Penalty$17EsPenaltyAmt
Overpayment$19,221OverpaymentAmt
Applied To ES Tax$19,221AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateWVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Individual With BooksHoward ClarkIndividualWithBooksNm
Phone3046940950PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line124 Outlook RoadAddressLine1Txt
CityFairmontCityNm
State AbbreviationWVStateAbbreviationCd
ZIP265542564ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Howard Clark
24 Outlook RoadFairmontWV26554Managing Director012.50$0
Greta Mooeny
250 Fairview Church RoadGraysvillePA15337Director000.00$0
Robert Core
1159 Smokey Drain RoadCoreWV26541Director000.00$0
Joe Statler
97 Long Drain RoadCoreWV26541Director000.00$0
Virgil Wilkins
PO Box 870HundredWV26575Director000.00$0
Leslie Clark
24 Outlook RoadFairmontWV26554Secretary000.00$0
Jessica E Risser
1313 Stonemill RoadElizabethtownPA17522Trustee000.00$0
Caird Rexroad Jr
68 Meadowbrook LaneBerryvilleVA22611Director000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,223,486AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$140,763AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,858FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,366,107TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,366,107AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$95,492CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,270,615NetVlNoncharitableAssetsAmt
Minimum Investment Return$313,531MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$313,531MinimumInvestmentReturnAmt
Tax Based On Investment Income$20,762TaxBasedOnInvestmentIncomeAmt
Total Tax$20,762TotalTaxAmt
Distributable Before Adj$292,769DistributableBeforeAdjAmt
Distributable Before Ded$292,769DistributableBeforeDedAmt
Distributable As Adjusted$292,769DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$164,498ExpensesAndContributionsAmt
Qualifying Distributions$164,498QualifyingDistributionsAmt
Adjusted Qualifying Distri$164,498AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$292,769DistributableAsAdjustedAmt
Undistributed Income PY$136,171UndistributedIncomePYAmt
Qualifying Distributions$164,498QualifyingDistributionsAmt
Applied To Year1$136,171AppliedToYear1Amt
Applied To Current Year$28,327AppliedToCurrentYearAmt
Undistributed Income CY$264,442UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNoneContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHoward ClarkRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line124 Outlook RoadAddressLine1Txt
CityFairmontCityNm
State AbbreviationWVStateAbbreviationCd
ZIP26554ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3046940950RecipientPhoneNum
Recipient Email Addressenvirocon.clarkgmail.comRecipientEmailAddressTxt
Form And Info And MaterialsNoneFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Waynesburg University
51 West College StreetWaynesburgPA15370NONEPCScholarship$2,500
Marshall University
One John Marshall DriveHuntingtonWV25755NONEPCGrant for online stidents and tuition$15,452
West Virginia Northern Community Co
1704 Market StreetWheelingWV26003NONEPCGrant for online schooling$3,463
West Greene High School
1352 Hargus Creek RoadWaynesburgPA15370NONEPCGrant for dual communications credit$2,025
Carlow University
3333 Fifth AvenuePittsburghPA15213NONEPCGrant for internship$9,575
West Virginia University
PO Box 6009 CrossingsMorgantownWV26505NONEPCGrant for tuition$150
Fairmont State University
1201 Locust AvenueFairmontWV26554NONEPCGrant for internship$1,356
First Baptist Church of Fairmont
910 Fairmont AvenueFairmontWV26554NONEPCGrant for classes$1,000
Slippery Rock University
1 Morrow WaySlippery RockPA16057NONEPCScholarships$2,500
West Liberty University
208 University DriveWest LibertyWV26074NONEPCScholarships$14,000
Fairmont State University
1201 Locust AvenueFairmontWV26554NONEPCScholarships$15,000
West Virginia University
PO Box 6009 CrossingsMorgantownWV26505NONEPCScholarships$19,500
California University of PA
Dixon HallCaliforniaPA15419NONEPCScholarships$9,500
West Virginia Junior College
148 Willey StMorgantownWV26505NONEPCGrant for TEAS prep course$458
West Virginia Northern Community Co
1704 Market StreetWheelingWV26003NONEPCScholarships$2,500
Pierpont Community College
600 Locust AvenueFairmontWV26554NONEPCScholarships$10,000
WVU Foundation
1 Waterfront Pl 7th FloorMorgantownWV26501NONEPCGrant for P20 faculty program$50,000
Cameron High School FFA
2012 Blue and Gold RoadCameronWV26033NONEPCGrant for programming$400
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$159,379TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$225ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$107,324ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$168,533ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescRoyalty IncomeDesc
Exclusion15ExclusionCd
Exclusion$797,036ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,073,118ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,073,118TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$3,150Amt
Net Investment Income$1,575NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,575DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (4 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
Computer2014-02-03$1,113$1,113MACRS0000000005.000000000000
Cell Phone2013-12-26$300$279MACRS0000000007.000000000000$13
Legal Fees - Mineral Rights2014-04-15$6,962$6,962Straight Line0000000003.000000000000
Depletion - Oil Gas Royalties$405,31715 of royalty income

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockVarious Mutual FundsStockNm
EOY Book Value$6,962,664EOYBookValueAmt
EOYFMV$6,962,664EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
Cell Phone$299$293$6
Computer$1,113$1,113
Legal Fees Related to Mineral Rights$6,962$6,962

Legal Fees Schedule LegalFeesSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Filing Fees$40$40
Supplies$69$69
Meeting Expense$1,075$1,075
Textbooks for College$2,360$2,360

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescRoyalty IncomeDesc
Revenue And Expenses Per Books$797,036RevenueAndExpensesPerBooksAmt
Net Investment Income$797,036NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNet Asset Adjustment FMV of marketable securitiesDesc
Amt$440,673Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment FeesCategoryTxt
Amt$33,247Amt
Net Investment Income$33,427NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Investment Income TaxCategoryTxt
Amt$41,701Amt

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