TREASURED VESSELS FOUNDATION: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
TREASURED VESSELS FOUNDATION (EIN 46-3947870)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-10
IRS object ID
201912839349200801
Schema version
2018v3.1
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)
Return2019-10-10T10:14:28-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752593210PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sutton Frost Cary LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 Six Flags Dr Suite 600AddressLine1Txt
CityArlingtonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76011ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463947870EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TREASURED VESSELS FOUNDATIONBusinessNameLine1Txt
Business Name Line2FKA CHOSEN FAMILYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTREABusinessNameControlTxt
Phone2145075050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2256AddressLine1Txt
CityFRISCOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75034ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALICIA BUSHPersonNm
Person TitleCEOPersonTitleTxt
Signature2019-10-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAmy MichiePreparerPersonNm
PTINP00956657PTIN
Phone8176498083PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.TREASUREDVESSELSFOUNDATION.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$196,320GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$183,538ContributionsGiftsGrantsEtcAmt
Program Service Revenue$735ProgramServiceRevenueAmt
Investment Income$7InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$12,040FundraisingGrossIncomeAmt
Special Events Direct Expenses$16,671SpecialEventsDirectExpensesAmt
Special Events Net Income Loss-$4,631SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$179,649TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$59,687FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$24,534OtherExpensesTotalAmt
Total Expenses$84,221TotalExpensesAmt
Excess Or Deficit For Year$95,428ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$62,876NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets-$3,255OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$155,049NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$62,876BOYAmt
EOY$124,707EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
EOY$31,662EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$62,876BOYAmt
EOY$156,369EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$1,320EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$62,876BOYAmt
EOY$155,049EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO BUILD RESIDENTIAL TREATMENT FACILITIES FOR UNDERAGE GIRLS RESCUED FROM SEX TRAFFICKING.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomIN 2018, WE STARTED CONSTRUCTION OF A SECURE TINY HOME COMMUNITY IN NORTH TEXAS THAT WILL OPERATE AS A RESIDENTIAL TREATMENT CENTER FOR YOUTH AND MINORS RESCUED FROM SEX TRAFFICKING AND SEXUAL EXPLOITATION. THE STATE OF TEXAS HAS APPROXIMATELY 79,000 MINORS AND YOUTH VICTIMS IN SEX TRAFFICKING. IN DALLAS, 400 UNDERAGE GIRLS ARE SOLD FOR SEX EACH NIGHT; NORTH TEXAS HAS ZERO BEDS FOR TRAFFICKED CHILDREN TO HEAL LONG-TERM.DescriptionProgramSrvcAccomTxt
Grants And Allocations$9,324GrantsAndAllocationsAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$9,324TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ALICIA BUSH
CEO & PRESIDENT60.00$0
DAVID BECKETT
Director1.00$0
DAVID POTENZA
Director1.00$0
JAMES EDGERTON
Director1.00$0
DUGAN KELLEY
Director1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALICIA BUSHPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2256AddressLine1Txt
CityFRISCOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75034ZIPCd
FieldValueIRS element (for citing)
Phone2145075050PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$88,596CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,522CurrentTaxYearMinus1YearAmt
Current Tax Year$189,033CurrentTaxYearAmt
Total$379,151TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$88,596CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,522CurrentTaxYearMinus1YearAmt
Current Tax Year$189,033CurrentTaxYearAmt
Total$379,151TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$66,085SubstantialContributorsTotAmt
Public Support Total170$313,066PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1CurrentTaxYearMinus1YearAmt
Current Tax Year$7CurrentTaxYearAmt
Total$8TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$379,159TotalSupportAmt
Gross Receipts Rltd Activities$67,587GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule B IRS990ScheduleB

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ConcertEvent1Nm
Gross Receipts Event1$54,622GrossReceiptsEvent1Amt
Charitable Contri Event1$42,582CharitableContriEvent1Amt
Gross Revenue Event1$12,040GrossRevenueEvent1Amt
Rent Facility Costs Event1$2,500RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,993FoodAndBeverageEvent1Amt
Entertainment Event1$7,624EntertainmentEvent1Amt
Other Direct Expenses Event1$3,554OtherDirectExpensesEvent1Amt
Gross Receipts Total$54,622GrossReceiptsTotalAmt
Charitable Contributions Tot$42,582CharitableContributionsTotAmt
Gross Revenue Total Events$12,040GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$2,500RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,993FoodAndBeverageTotalEventsAmt
Entertainment Total Events$7,624EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$3,554OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$16,671DirectExpenseSummaryEventsAmt
Net Income Summary-$4,631NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1002Office Expenses $3451
Other Expenses.1005Travel $1058
Other Expenses.1012Insurance $2372
Other Expenses.1PUBLIC AWARENESS $9324
Other Expenses.2OTHER $2968
Other Expenses.3TRANSACTION FEES $2335
Other Expenses.4SPECIAL EVENTS $1630
Other Expenses.5MERCHANDISE $1396
Other Assets.1002Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $100
Other Assets.1Construction In Progress - Beginning $0 Construction In Progress - Ending $31562
Total Liabilities.1001Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1320
FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTSThe net economic benefit from our fundraising event is calculated as follows:Contributions from fundraising event reported on Part I, line 6b $ 42,582Gross income from fundraising event reported on Part I, line 6b 12,040Less: Direct costs of event reported on part I, Line 6c (16,671) Net economic benefit of fundraising event $ 37,951

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