FOUNDATION FOR TRUTH: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR TRUTH (EIN 45-2747584)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202523149349102162
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Applied To Prior Year Election
- Depreciation Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T12:25:22-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 PARK AVENUE SUITE 200 | AddressLine1Txt |
| City | FLORHAM PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452747584 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR TRUTH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 3259428984 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3140 EXECUTIVE DRIVE | AddressLine1Txt |
| City | SAN ANGELO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76904 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNIS REED | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3259428984 | PhoneNum |
| Signature | 2025-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 9732180500 | PhoneNum |
| Preparation | 2025-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $44,539,349 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $150,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $92,099 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $92,099 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $637,502 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $637,502 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,830,389 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,752,894 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,830,389 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,376,438 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,376,438 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,086,428 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,936,428 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $10,200 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $10,200 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $17,369 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $17,369 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $47,130 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,200 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $39,930 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $143,206 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $143,206 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $104,008 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $44,008 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $43,051 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $43,051 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $9,189 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,367 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,822 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $172,629 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $136,616 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $36,013 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $546,782 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $377,448 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $109,334 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,708,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,708,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,255,682 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $377,448 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,818,234 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,830,746 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,558,980 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $318,497 | CashBOYAmt |
| Cash EOY | $1,106,397 | CashEOYAmt |
| Cash EOYFMV | $1,106,397 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $454,293 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $348,345 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $348,345 | SavAndTempCashInvstEOYFMVAmt |
| Invst Land Cost Or Other Basis | $5,512,090 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $484,640 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $4,958,690 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $5,027,450 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $4,712,976 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $900,000 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $0 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $0 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $32,532,813 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,011,836 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $34,959,533 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,007 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,007 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $19,490,727 | OtherAssetsBOYAmt |
| Other Assets EOY | $20,991,738 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,412,098 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $58,655,020 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,485,766 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $44,539,349 | 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 | $58,655,020 | RetainedEarningBOYAmt |
| Retained Earning EOY | $60,485,766 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $58,655,020 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $60,485,766 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $58,655,020 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,485,766 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $58,655,020 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,830,746 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $60,485,766 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $60,485,766 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | DepreciationDepreciationAmt |
|---|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $9,734,343 | $8,795,375 | $938,968 | $938,968 | |||
| CAPITAL GAIN DISTRIBUTIONS | P | $1,013,051 | $1,013,051 | $1,013,051 | ||||
| SCHEDULE K-1 CAPITAL GAIN/LOSS | P | $127,130 | -$127,130 | -$127,130 | ||||
| GOOSENECK TRAILER | P | $5,500 | $8,223 | $5,500 | $5,500 | 2017-01-07 | 2024-12-31 | $8,223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,830,389 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $49,470 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $49,470 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $49,470 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $75,199 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $75,199 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,729 | OverpaymentAmt |
| Applied To ES Tax | $25,729 | 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 | TX | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DENNIS REED | IndividualWithBooksNm |
| Phone | 3259428984 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3140 EXECUTIVE DRIVE | AddressLine1Txt |
| City | SAN ANGELO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76904 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| DENNIS REED | ||||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | PRESIDENT | 25.00 | $0 | $0 | $0 |
| DON MCKEE | ||||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| MICHAEL LIGHT | ||||||||
| PO BOX 158 | BANGS | TX | 76823 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MOREY MAST | ||||||||
| 8775 CR 136 | BANGS | TX | 76823 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PADEN REED | ||||||||
| 4309 SHEFFLERA DRIVE | SAN ANGELO | TX | 76904 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LPL FINANCIAL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1055 LPL WAY | AddressLine1Txt |
| City | FORT MILL | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29715 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY | ServiceTypeTxt |
| Compensation | $143,206 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF THE CHRIST AND VARIOUS INDIVIDUALS WITHIN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RYAN SMITHEY, AN EMPLOYEE OF THE FOUNDATION, ALSO CONDUCTS DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY. | Description1Txt |
| Expenses1 | $61,800 | Expenses1Amt |
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 | $23,176,500 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,087,960 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $20,770,257 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $45,034,717 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $45,034,717 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $675,521 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $44,359,196 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,217,960 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,217,960 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $49,470 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $49,470 | TotalTaxAmt |
| Distributable Before Adj | $2,168,490 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,168,490 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,168,490 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,818,234 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,818,234 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,168,490 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,797,412 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,818,234 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,797,412 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $20,822 | 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 | $2,147,668 | 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) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APOLOGETICS PRESS | ||||||||||||
| 230 LANDMARK DRIVE | MONTGOMERY | AL | 361172752 | N/A | PC | FINANCIAL ASSISTANCE FOR TRAVEL EXPENSES RELATING TO UPCOMING EVANGELISTIC SPEAKING ENGAGEMENT WITH ITS CREATION RESEARCH PROJECT | $12,000 | |||||
| APOLOGETICS PRESS | ||||||||||||
| 230 LANDMARK DRIVE | MONTGOMERY | AL | 361172752 | N/A | PC | FINANCIAL ASSISTANCE TO HELP WITH THE CAMPAIGN ADVERTISING TO PROMOTE EVANGELISM | $12,000 | |||||
| APOLOGETICS PRESS | ||||||||||||
| 230 LANDMARK DRIVE | MONTGOMERY | AL | 361172752 | N/A | PC | FINANCIAL ASSISTANCE WITH THEIR AP ENDOWMENT FUND | $25,000 | |||||
| BRYAN COLLEGE STATION CHURCH OF CHRIST | ||||||||||||
| PO BOX 2805 | BRYAN | TX | 77808 | N/A | PC | FINANCIAL ASSISTANCE WITH THEIR TEXAS SCHOOL OF PREACHING ENDOWMENT FUND | $50,000 | |||||
| BRYAN COLLEGE STATION CHURCH OF CHRIST | ||||||||||||
| PO BOX 2805 | BRYAN | TX | 77808 | N/A | PC | FINANCIAL ASSISTANCE WITH FUTURE EXPANSION TO A NEW BUILDING AND LOCATION | $250,000 | |||||
| BRYAN COLLEGE STATION CHURCH OF CHRIST | ||||||||||||
| PO BOX 2805 | BRYAN | TX | 77808 | N/A | PC | FINANCIAL ASSISTANCE WITH THE BARRY HATCHER INDONESIA MISSION WORK | $25,000 | |||||
| CROSSVILLE CHURCH OF CHRIST | ||||||||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | FINANCIAL ASSISTANCE FOR CAPITAL AND OPERATING EXPENSES FOR THE CHERITH HOSTEL | $36,000 | |||||
| CROSSVILLE CHURCH OF CHRIST | ||||||||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | FINANCIAL ASSISTANCE WITH THE CAPITAL EXPENSES FOR THE MORNING STAR HOSTEL CHILDREN'S HOME IN INDIA | $88,700 | |||||
| CROSSVILLE CHURCH OF CHRIST | ||||||||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | FINANCIAL ASSISTANCE WITH EVANGELISM TO PREACH AND TEACH THE GOSPEL IN INDIA | $125,000 | |||||
| CROSSVILLE CHURCH OF CHRIST | ||||||||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | FINANCIAL ASSISTANCE FOR OPERATING EXPENSES FOR DNI CHILDREN'S HOME IN INDIA | $46,000 | |||||
| EAST RIDGE CHURCH OF CHRIST | ||||||||||||
| PO BOX 2002 | DALTON | GA | 30722 | N/A | PC | FINANCIAL ASSISTANCE TO SUPPORT EVANGELISTIC MISSION WORK | $60,000 | |||||
| GOSPEL BROADCASTING NETWORK | ||||||||||||
| 8900 GERMANTOWN ROAD | OLIVE BRANCH | MS | 38654 | N/A | PC | FINANCIAL ASSISTANCE TO PROMOTE EVANGELISM THROUGH SOCIAL MEDIA PLATFORMS | $100,000 | |||||
| GOSPEL BROADCASTING NETWORK | ||||||||||||
| 901 N MAIN STREET | SAN ANGELO | TX | 76903 | N/A | PC | FINANCIAL ASSISTANCE WITH THEIR ENDOWMENT FUND | $50,000 | |||||
| HILLCREST COC | ||||||||||||
| PO BOX 295 | COLEMAN | TX | 76834 | N/A | PC | FINANCIAL ASSISTANCE TO HELP WITH THE MATERIALS AND LABOR FOR ROOF REPAIRS | $15,000 | |||||
| INDIAN CREEK YOUTH CAMP | ||||||||||||
| 7855 PLEASANTFIELD RD | OAKMAN | AL | 35579 | N/A | PC | FINANCIAL ASSISTANCE WITH ITS' GENERAL OPERATING EXPENSES | $25,000 | |||||
| NEXTECH ACADEMY | ||||||||||||
| 115 TRUSSELL ROAD | PETAL | MS | 39465 | N/A | PC | FINANCIAL ASSISTANCE TO HELP WITH THE MINISTRY OF SPREADING THE GOSPEL THROUGH THE PRECISION MACHINING TRAINING INSTITUTION | $50,000 | |||||
| PIEDMONT ROAD CHURCH OF CHRIST | ||||||||||||
| 1630 PIEDMONT RD | MARIETTA | GA | 30066 | N/A | PC | FINANCIAL ASSISTANCE WITH PHILIPPINES MISSION WORK | $25,000 | |||||
| SAN ANGELO AREA FOUNDATION - FLYNN ENDOWMENT FUND | ||||||||||||
| 221 S IRVING ST | SAN ANGELO | TX | 76903 | N/A | PC | FLYNN ENDOWMENT FUND, A DAF CREATED TO FUND EVANGELISM AND BENEVOLENCE | $400,000 | |||||
| SIERRA VENTANA CHURCH OF CHRIST | ||||||||||||
| N/A | PC | FINANCIAL ASSISTANCE FOR MONTHLY SUPPORT OF MISSION WORK, RADIO PROGRAM, SCHOOL OF PREACHING, TRAVEL AND FOM | $97,200 | SIERRA GANDARA 3912-ACOL SIERRA | VENTANA | MONTERREY | MX | 64780 | ||||
| SIERRA VENTANA CHURCH OF CHRIST | ||||||||||||
| N/A | PC | FINANCIAL ASSISTANCE WITH EXPENSES RELATING TO BENEVOLENCE, EVANGELISM AND MONTERREY SCHOOL OF PREACHING CONFERENCE | $35,000 | SIERRA GANDARA 3912-ACOL SIERRA | VENTANA | MONTERREY | MX | 64780 | ||||
| SOUTHAVEN CHURCH OF CHRIST | ||||||||||||
| PO BOX 128 | SOUTHAVEN | MS | 38671 | N/A | PC | FINANCIAL ASSISTANCE WITH PERU MISSION WORK | $30,000 | |||||
| SOUTHWEST CHURCH OF CHRIST | ||||||||||||
| 8900 MANCHACA RD | AUSTIN | TX | 78656 | N/A | PC | FINANCIAL ASSISTANCE WITH ITS STAFF SUPPORT AND OPERATING EXPENSES FOR 2024 | $40,000 | |||||
| WORLD VIDEO BIBLE SCHOOL | ||||||||||||
| 25 LANTANA LANE | MAXWELL | TX | 78656 | N/A | PC | FINANCIAL ASSISTANCE WITH ITS ONLINE BIBLE SCHOOL AND STAFF SUPPORT FOR 2024 | $100,000 | |||||
| WORLD VIDEO BIBLE SCHOOL | ||||||||||||
| 25 LANTANA LANE | MAXWELL | TX | 78656 | N/A | PC | FINANCIAL ASSISTANCE TO SUPPORT THE PRISON MISSION WORK OF WVBS WITH THE PANDO & EDOVO APP SOCIAL MEDIA PLATFORMS | $12,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,708,900 | 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 | $92,099 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $637,502 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,830,389 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| ROYALTIES | 15 | $910,760 |
| RANCH-LEASES/CALICHE/WATER | 16 | $71,464 |
| SCHEDULE K-1 INCOME/LOSS | 14 | $399,532 |
| ANNUITY ORDINARY INCOME/LOSS | 14 | -$5,318 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,936,428 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,936,428 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | DENNIS REED | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3140 EXECUTIVE DRIVE | AddressLine1Txt |
| City | SAN ANGELO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $150,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| RETURN PREPARATION AND TAX COMPLIANCE | $11,130 | $0 | $11,130 |
| BOOKKEEPING AND ASSET MAINTENANCE | $36,000 | $7,200 | $28,800 |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H)(2) AND TREAS. REG. 53.4942 (A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FOR TAX YEAR 2021 IN THE AMOUNT OF $69,022. | ElectionDesc |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (49 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 2 LAPTOPS | 2012-03-21 | $1,548 | $1,548 | SL | 5.000000000000 | $0 | $0 |
| METAL DETECTOR | 2012-03-21 | $250 | $250 | SL | 5.000000000000 | $0 | $0 |
| APPLE IPAD | 2012-08-08 | $859 | $859 | SL | 5.000000000000 | $0 | $0 |
| APPLE IPAD | 2012-08-11 | $619 | $619 | SL | 5.000000000000 | $0 | $0 |
| 16 TRAILER | 2012-11-20 | $2,100 | $2,100 | SL | 5.000000000000 | $0 | $0 |
| IPAD W/CASE | 2013-02-10 | $625 | $625 | SL | 5.000000000000 | $0 | $0 |
| KUBOTA SKID STEER | 2014-11-10 | $66,001 | $60,500 | SL | 10.000000000000 | $5,501 | $5,501 |
| 7 FRONT MOWER | 2014-11-10 | $3,500 | $3,208 | SL | 10.000000000000 | $292 | $292 |
| PANASONIC AG-HPX250 CAMER | 2014-03-10 | $4,725 | $4,725 | SL | 5.000000000000 | $0 | $0 |
| VIDEO CAMERA ACCYS | 2014-01-25 | $2,104 | $2,104 | SL | 5.000000000000 | $0 | $0 |
| RANCH HOUSE FURNITURE | 2014-03-20 | $500 | $488 | SL | 10.000000000000 | $12 | $12 |
| SOLAR WELL EQ - NE WELL | 2014-06-20 | $5,632 | $5,349 | SL | 10.000000000000 | $283 | $283 |
| SOLAR WELL EQ - DUCK PD W | 2014-06-20 | $4,046 | $3,847 | SL | 10.000000000000 | $199 | $199 |
| SOLAR WELL EQ - SWITANK W | 2014-06-20 | $4,069 | $3,866 | SL | 10.000000000000 | $203 | $203 |
| 12.1 MILES OF HIGH FENCE | 2014-11-03 | $304,371 | $279,006 | SL | 10.000000000000 | $25,365 | $25,365 |
| WW DRILLING - OILFIELD WE | 2014-11-04 | $3,900 | L | $0 | $0 | ||
| CAMERAS (SEC/SURVEYS) | 2014-09-06 | $2,976 | $2,976 | SL | 5.000000000000 | $0 | $0 |
| SPRAYER | 2015-08-26 | $2,570 | $2,142 | SL | 10.000000000000 | $257 | $257 |
| STAND & FEEDERS | 2015-09-22 | $3,563 | $2,937 | SL | 10.000000000000 | $356 | $356 |
| FRONT PASTURE WW | 2015-11-13 | $6,617 | $5,406 | SL | 10.000000000000 | $662 | $662 |
| LIGHTNING FIRE WW | 2015-11-13 | $7,166 | $5,855 | SL | 10.000000000000 | $717 | $717 |
| CALICHE PIT WW | 2015-11-13 | $9,782 | $7,987 | SL | 10.000000000000 | $978 | $978 |
| CENTRAL VALLEY WW | 2015-11-13 | $8,435 | $6,893 | SL | 10.000000000000 | $844 | $844 |
| NEW SWIM TK WW | 2015-11-13 | $2,837 | $2,319 | SL | 10.000000000000 | $284 | $284 |
| 2 600LB FEEDERS | 2015-09-11 | $1,315 | $1,100 | SL | 10.000000000000 | $132 | $132 |
| TRAILER REPAIRS ITEM #6 | 2016-06-29 | $644 | $644 | SL | 5.000000000000 | $0 | $0 |
| STANDS AND FEEDERS | 2016-06-18 | $11,167 | $8,377 | SL | 10.000000000000 | $1,117 | $1,117 |
| IPAD PRO | 2017-01-05 | $1,007 | $1,007 | SL | 5.000000000000 | $0 | $0 |
| COMPUTER, MONITOR, KEYBRD | 2017-01-27 | $1,264 | $1,264 | SL | 5.000000000000 | $0 | $0 |
| BIG TEX GOOSENECK TRAILER | 2017-01-07 | $8,223 | $8,223 | SL | 5.000000000000 | $0 | $0 |
| FORKS | 2017-04-06 | $950 | $641 | SL | 10.000000000000 | $95 | $95 |
| 3 LARGE DEER STANDS | 2017-02-08 | $6,000 | $4,150 | SL | 10.000000000000 | $600 | $600 |
| NEW ROOF | 2017-09-25 | $10,481 | $2,381 | SL | 27.500000000000 | $381 | $381 |
| WATER WELL EQ - LOW FENCE | 2017-12-08 | $1,506 | $919 | SL | 10.000000000000 | $151 | $151 |
| 2 PROTEIN/3 CORN FEEDERS | 2018-09-27 | $4,059 | $2,131 | SL | 10.000000000000 | $406 | $406 |
| KAWASAKI ATV | 2018-09-18 | $12,335 | $12,335 | SL | 5.000000000000 | $0 | $0 |
| ICR HOUSE ROCK WORK | 2019-03-20 | $37,751 | $6,579 | SL | 27.500000000000 | $1,373 | $1,373 |
| AIR COMPRESSOR FOR BARN | 2020-10-09 | $480 | $312 | SL | 5.000000000000 | $96 | $96 |
| FEEDERS-3 MOO# PROTEIN FEE | 2020-02-13 | $3,150 | $1,234 | SL | 10.000000000000 | $315 | $315 |
| 2 3000LB PROTEIN FEEDERS | 2015-03-19 | $4,346 | $3,805 | SL | 10.000000000000 | $435 | $435 |
| NEW WATER LINES, TANKS AND | 2022-09-13 | $7,252 | $967 | SL | 10.000000000000 | $725 | $725 |
| 6 WAY DOZER BLADE | 2022-09-19 | $6,902 | $863 | SL | 10.000000000000 | $690 | $690 |
| WASHER AND DRYER | 2023-11-10 | $1,320 | $22 | SL | 10.000000000000 | $132 | $132 |
| STOVE, MICRO AND FRIDGE | 2023-12-31 | $1,931 | SL | 10.000000000000 | $193 | $193 | |
| COOL BOT | 2023-12-31 | $378 | SL | 10.000000000000 | $38 | $38 | |
| A/C UNIT FOR BARN | 2023-12-31 | $747 | SL | 10.000000000000 | $75 | $75 | |
| WASHER AND DRYER FOR BARN | 2024-08-23 | $1,435 | SL | 10.000000000000 | $48 | $48 | |
| TANKS, TROUGHS, PIPE | 2024-10-17 | $5,744 | SL | 10.000000000000 | $96 | $96 | |
| BARN/BARNDOMINIUM/COOLER | 2024-12-31 | $270,624 | SL | 10.000000000000 | $0 | $0 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| RANCH - LAND | $4,683,258 | $0 | $4,683,258 | $4,368,784 |
| RANCH - DEPRECIABLE ASSETS | $828,832 | $484,640 | $344,192 | $344,192 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (30 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERICAN BALANCED CL F2 | AT COST | $1,080,310 | $1,248,875 |
| AMERICAN HIGH INCOME CL F2 | AT COST | $439,510 | $463,480 |
| AMERICAN MULTI SECTOR INCOME CL F2 | AT COST | $570,824 | $573,541 |
| AMERICAN MUTUAL CL F2 | AT COST | $571,451 | $678,326 |
| AMERICAN STRATEGIC BOND CL F2 | AT COST | $426,240 | $390,696 |
| CALAMOS GROWTH & INCOME CL I | AT COST | $746,000 | $781,549 |
| CAPITAL INCOME BUILDER CL F2 | AT COST | $824,128 | $912,583 |
| CAPITAL WORLD GROWTH & INCOME CL F2 | AT COST | $915,602 | $1,037,338 |
| DODGE & COX BALANCED CL I | AT COST | $860,556 | $867,317 |
| DODGE & COX GLOBAL STOCK CL I | AT COST | $648,293 | $622,405 |
| DREYFUS GOVT SECURITIES CASH MANAGEMENT INSTL | AT COST | $1,675,257 | $1,675,247 |
| FIRST EAGLE GLOBAL CLASS I | AT COST | $516,298 | $590,181 |
| FUNDAMENTAL INVESTORS CL F2 | AT COST | $489,818 | $600,511 |
| GIBBONS HOLDCO, LP | AT COST | $10,646,533 | $10,894,026 |
| GROWTH FUND OF AMERICA CL F2 | AT COST | $734,746 | $747,200 |
| INCOME FUND OF AMERICA | AT COST | $656,705 | $693,204 |
| JPMORGAN EQUITY INCOME CLASS I | AT COST | $729,915 | $899,035 |
| JPMORGAN GRWTH ADV FUND CLASS I | AT COST | $371,258 | $537,394 |
| JPMORGAN HEDGED EQUITY CLASS I | AT COST | $218,492 | $295,833 |
| LINCOLN VARIABLE ANNUITIES | AT COST | $565,834 | $508,906 |
| MFS MID CAP VALUE FUND CL I | AT COST | $1,102,925 | $1,208,548 |
| NEW PERSPECTIVE CL F2 | AT COST | $1,195,267 | $1,405,845 |
| PIMCO INCOME CL 12 | AT COST | $1,795,828 | $1,791,989 |
| T ROWE PRICE CAP APPREC INVESTOR CL | AT COST | $1,140,816 | $1,191,087 |
| T ROWE PRICE ALL CAP OPP INVESTOR CL | AT COST | $827,000 | $854,635 |
| T ROWE PRICE GLOBAL STOCK INVESTOR CL | AT COST | $828,400 | $924,726 |
| T ROWE PRICE HEALTH SCIENCES INVESTOR CL | AT COST | $330,600 | $296,751 |
| WASHINGTON MUTUAL INVESTORS CL F2 | AT COST | $587,219 | $753,372 |
| SHORT TERM BOND FUND OF AMERICA CL F2 | AT COST | $516,011 | $517,110 |
| JACKSON VARIABLE ANNUITIES | AT COST | $1,000,000 | $997,823 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OIL AND GAS MINERAL INTERESTS | $19,466,688 | $19,466,688 | $1,887,048 |
| DUE FROM GIBBONS HOLDCO, LP | $24,039 | $24,295 | $24,295 |
| BCS - CONTRACT FOR DEED | $1,500,755 | $1,500,755 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $655 | $0 | $655 |
| EVANGELISM BOOKS - SEE PART VIII-A | $9,265 | $0 | $9,265 |
| INSURANCE | $7,757 | $7,757 | $0 |
| INTERNET/TELEPHONE | $600 | $0 | $600 |
| OFFICE & ADMINISTRATIVE EXPENSE | $1,358 | $0 | $1,358 |
| OTHER PROGRAM EXPENSES | $24,135 | $0 | $24,135 |
| RANCH EXPENSES | $12,615 | $12,615 | $0 |
| SCHEDULE K-1 EXPENSES | $116,244 | $116,244 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTIES | $910,760 | $910,760 | $910,760 |
| RANCH-LEASES/CALICHE/WATER | $71,464 | $71,464 | $71,464 |
| SCHEDULE K-1 INCOME/LOSS | $399,532 | $399,532 | $399,532 |
| ANNUITY ORDINARY INCOME/LOSS | -$5,318 | -$5,318 | -$5,318 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $143,206 | Amt |
| Net Investment Income | $143,206 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $60,000 | $0 | $0 |
| PROPERTY TAXES | $44,008 | $44,008 | $0 |