MIDLAND YOUNG LIFE BUILDING FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MIDLAND YOUNG LIFE BUILDING FOUNDATION (EIN 75-2828138)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349322875
Schema version
2024v5.2
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)
Return2025-11-17T17:11:20-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12300 N FIELD ST STE 1000AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752828138EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MIDLAND YOUNG LIFE BUILDING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMIDLBusinessNameControlTxt
Phone4326853666PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1808 W WALL STREETAddressLine1Txt
CityMIDLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTIRLING WARRENPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone4326853666PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSRIRAM SRINIVASANPreparerPersonNm
PTINP01579061PTIN
Phone9724901970PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEVIN PETTYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1808 W WALL STREETAddressLine1Txt
CityMIDLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$141,767GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A YOUTH CENTER IN MIDLAND, TEXAS USED TO INTRODUCE ADOLESCENTS TO JESUS CHRIST AND HELP THEM GROW IN THEIR FAITH.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$50,581TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$9,116NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$627,271PYContributionsGrantsAmt
CY Contributions Grants$87,771CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$14,345PYInvestmentIncomeAmt
CY Investment Income$11,085CYInvestmentIncomeAmt
PY Other Revenue-$263,537PYOtherRevenueAmt
CY Other Revenue$42,911CYOtherRevenueAmt
PY Total Revenue$378,079PYTotalRevenueAmt
CY Total Revenue$141,767CYTotalRevenueAmt
PY Grants And Similar Paid$25,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$41,947PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,020CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$144,462PYOtherExpensesAmt
CY Other Expenses$185,105CYOtherExpensesAmt
PY Total Expenses$211,409PYTotalExpensesAmt
CY Total Expenses$193,125CYTotalExpensesAmt
PY Revenues Less Expenses$166,670PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$51,358CYRevenuesLessExpensesAmt
Total Assets BOY$3,791,109TotalAssetsBOYAmt
Total Assets EOY$3,739,751TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,791,109NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,739,751NetAssetsOrFundBalancesEOYAmt
MissionTHE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A YOUTH CENTER IN MIDLAND, TEXAS USED TO INTRODUCE ADOLESCENTS TO JESUS CHRIST AND HELP THEM GROW IN THEIR FAITH.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$186,043ExpenseAmt
DescTHE ORGANIZATION OWNS AND OPERATES A YOUTH CENTER FOR MINISTRY TO HIGH SCHOOL AND JR HIGH YOUTH AND THE MIDLAND COMMUNITY.Desc
Total Program Service Expenses$186,043TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KEVIN PETTYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4326853666PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1808 W WALL STREETAddressLine1Txt
CityMIDLANDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
STIRLING WARREN
TRUSTEE0.500.50Yes (X)Yes (X)$0$0$0
KEVIN PETTY
TRUSTEE0.500.50Yes (X)Yes (X)$0$0$0
ANNE HANKINS
TRUSTEE0.500.50Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$87,771AllOtherContributionsAmt
Total Contributions$87,771TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,085TotalRevenueColumnAmt
Exclusion$11,085ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
TPEG BULL CREEK INVEST531390$51,756$53,712-$1,956
TRINITY SIX FORKS INVE531390$37,704$73,198-$35,494
CCP SMIT INVESTMENT LL531390$32,983$32,983

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column-$79,532TotalRevenueColumnAmt
Unrelated Business Revenue-$76,329UnrelatedBusinessRevenueAmt
Exclusion-$3,203ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$42,911OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$141,767TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$50,581UnrelatedBusinessRevenueAmt
Exclusion$3,415ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,450TotalAmt
Program Services$7,450ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$570TotalAmt
Program Services$570ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,250TotalAmt
Management And General$5,250ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$55,431TotalAmt
Program Services$55,431ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$91,864TotalAmt
Program Services$91,864ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$28,008TotalAmt
Program Services$28,008ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
MISCELLANEOUS$1,832$1,832
PAYROLL PROCESSING FEES$1,478$1,478
EQUIPMENT REPAIRS$1,242$1,242

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$193,125TotalAmt
Program Services$186,043ProgramServicesAmt
Management And General$7,082ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$279,408BOYAmt
EOY$216,459EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,000BOYAmt
EOY$4,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,773,568LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$784,320LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,081,112BOYAmt
EOY$2,989,248EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$428,589BOYAmt
EOY$530,044EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,791,109BOYAmt
EOY$3,739,751EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$3,791,109BOYAmt
EOY$3,739,751EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,791,109BOYAmt
EOY$3,739,751EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,791,109BOYAmt
EOY$3,739,751EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$51,358ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,139CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$627,271CurrentTaxYearMinus1YearAmt
Current Tax Year$87,771CurrentTaxYearAmt
Total$728,281TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,139CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$627,271CurrentTaxYearMinus1YearAmt
Current Tax Year$87,771CurrentTaxYearAmt
Total$728,281TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$338,226SubstantialContributorsTotAmt
Public Support Total170$390,055PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,959CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,698CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$455,208CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,140CurrentTaxYearMinus1YearAmt
Current Tax Year$3,414CurrentTaxYearAmt
Total$525,419TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,758CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$395CurrentTaxYearMinus1YearAmt
Current Tax Year$50,581CurrentTaxYearAmt
Total$80,380TotalAmt
FieldValueIRS element (for citing)
Total Support$1,334,080TotalSupportAmt
Public Support CY1700.29240PublicSupportCY170Pct
Public Support PY1700.26080PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST TO JUSTIFY CONTINUITY AS A PUBLICLY CHARITY AS FOLLOWS:1) THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A YOUTH CENTER IN MIDLAND, TEXAS USED TO INTRODUCE ADOLESCENTS TO JESUS CHRIST AND HELP THEM GROW IN THEIR FAITH. THE ORGANIZATION PROVIDES FACILITIES OR SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUOUS BASIS.2) THE ORGANIZATION IS FUNDED WITH PUBLIC DONATIONS FROM A NUMBER OF UNRELATED DONORS AND INVESTMENTS THAT IT HOLDS. THESE FUNDS ARE SUFFICIENT TO RUN THE YOUTH CENTER AT MINIMAL COST. 3) THE ORGANIZATION CONTINUES TO BE OPEN TO DONATIONS FROM THE GENERAL PUBLIC, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS.4) COMMUNITY LEADERS AND PERSONS HAVING SPECIAL KNOWLEDGE AND EXPERTISE IN YOUTH MINISTRY ACTIVITIES PARTICIPATE IN THE PROGRAMS OF THE ORGANIZATION ON A REGULAR BASIS. 5) THE ORGANIZATION'S GOVERNING BODY REPRESENTS THE BROAD INTEREST OF THE COMMUNITY AND GENERAL PUBLIC IN MIDLAND, TEXAS.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,545,170OtherCostOrOtherBasisAmt
Depreciation$636,124DepreciationAmt
Book Value$2,909,046BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$111,627OtherCostOrOtherBasisAmt
Depreciation$75,667DepreciationAmt
Book Value$35,960BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$116,771OtherCostOrOtherBasisAmt
Depreciation$72,529DepreciationAmt
Book Value$44,242BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,989,248TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (19 entries)

DescDescBook ValueBookValueAmt
CCP CMIT SOLUTIONS INC-$26,083
CR BROOKSFIELD, LLC-$12,317
CR EMERAL OAKS, LLC-$32,022
CR MEADOWBROOKS, LLC$22,036
MAC CONCORD CENTER LP$26,825
SI 2109 ABILENE HOTEL LP (A)-$4,905
SI 2109 ABILENE HOTEL LP (B)-$20,837
SI HOTEL FUND I INVESTOR (CL A)$1,166
SI HOTEL FUND I INVESTOR (CL B)$4,656
TPEG DISPATCH INVESTORS LLC$69,573
TPEG OGDEN SL INVESTORS LLC-$46,270
TPEG SOUTHWEST SL INVESTORS-$83,069
CAZ GENERAL PARTNER OWNERSHIP$103,407
CAZ PRIVATE EQ D5 FUND TE, LP$51,618
MSB INVESTMENT LLC$235,785
TRINITY HOUSTON PRIME III INV$18,998
TRINITY SUNSET INVESTORS LLC$35,649
S2C REIT QP INVESTORS LLC$52,834
RECEIVABLES FROM LP INTERESTS$133,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$530,044TotalBookValueOtherAssetsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PART VI, SECTION C, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
WARREN CHARITABLE FOUNDATION
808 W WALL STMIDLANDTX79701300490635CHARITABLE SUPPORTTX501(C)(3)PF0
THE MEMAS FOUNDATION
808 W WALL STMIDLANDTX79701882321574CHARITABLE SUPPORTTX501(C)(3)PF0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART IIFormAndLineReferenceDesc
ExplanationTHE MIDLAND YOUNG LIFE BUILDING FOUNDATION IS CONSIDERED A RELATED ENTITY TO THE WARREN CHARITABLE FOUNDATION AND THE MEMAS FOUNDATION DUE TO A MAJORITY OF ALL BOARDS HAVING THE SAME MEMBERS. THE COMMON BOARD MEMBERS ARE NOT COMPENSATED BY ANY ENTITY. IN ADDITION, THERE WERE NO TRANSACTIONS BETWEEN THE ENTITIES IN 2024.ExplanationTxt

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