THE PAULOS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE PAULOS FOUNDATION (EIN 75-2353196)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202523169349101692
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)
Return2025-11-12T12:19:33-06:00ReturnTs
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 Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752353196EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PAULOS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPAULBusinessNameControlTxt
Phone2146926122PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16708 ASHBROOK DRIVEAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76132ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEVAN MEAD-BREWERPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone2146926122PhoneNum
Signature2025-11-11SignatureDt
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 PersonJUSTIN W REEVESPreparerPersonNm
PTINP01248048PTIN
Phone9724901970PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,089,566FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$52,077DividendsRevAndExpnssAmt
Dividends Net Invst Incm$52,077DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$280,302GrossRentsRevAndExpnssAmt
Net Rental Income Or Loss-$94,150NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$189,747NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$608,239GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$189,747CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$4,587OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$4,587OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$526,713TotalRevAndExpnssAmt
Total Net Invst Incm$246,411TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$3,296LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$3,296LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$6,798AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,399AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$3,399AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$152TaxesRevAndExpnssAmt
Taxes Net Invst Incm$92TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$68,947DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$305,505OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$305,505OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$384,698TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,491TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$312,200TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,168,882ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,168,882ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,553,580TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,491TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,481,082TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,026,867ExcessRevenueOverExpensesAmt
Net Investment Income$242,920NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$391,862SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,005,347SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,005,347SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY$9,141AcctRcvblBOYAmt
Prepaid Expenses BOY$106PrepaidExpensesBOYAmt
Other Investments BOY$498,337OtherInvestmentsBOYAmt
Other Investments EOY$84,028OtherInvestmentsEOYAmt
Other Investments EOYFMV$84,219OtherInvestmentsEOYFMVAmt
Land BOY$1,229,223LandBOYAmt
Land EOY$0LandEOYAmt
Land EOYFMV$0LandEOYFMVAmt
Other Assets BOY-$9,748OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$2,118,921TotalAssetsBOYAmt
Total Assets EOY$1,089,375TotalAssetsEOYAmt
Total Assets EOYFMV$1,089,566TotalAssetsEOYFMVAmt
Accounts Payable BOY$238AccountsPayableBOYAmt
Accounts Payable EOY$238AccountsPayableEOYAmt
Other Liabilities BOY$2,679OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities BOY$2,917TotalLiabilitiesBOYAmt
Total Liabilities EOY$238TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$615,280CapitalStockBOYAmt
Capital Stock EOY$615,280CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,500,724RetainedEarningBOYAmt
Retained Earning EOY$473,857RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,116,004TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,089,137TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,118,921TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,089,375TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,116,004TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,026,867ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$1,089,137SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,089,137TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ISHS MSCI EMRG MKTSP$266,699$248,425$18,274$18,274
ISHS RUSS 1000 VALP$115,313$47,536$67,777$67,777
ISHS RUSS 2000 VALP$226,227$122,531$103,696$103,696
FieldValueIRS element (for citing)
Capital Gain Net Income$189,747CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,377InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,377SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,377TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,367EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$76BackupWithholdingWithheldAmt
Total Payments And Credits$5,443TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$2,066OverpaymentAmt
Applied To ES Tax$2,066AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMR EVAN MEAD-BREWERIndividualWithBooksNm
Phone8179464939PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16708 ASHBROOK DRIVEAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76132ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JOHN J PAULOS
6309 W COURTYARD DRAUSTINTX78730DIRECTOR0.00$0$0$0
EVAN MEAD-BREWER
906 S ELWOOD AVEBALTIMOREMD21224CHAIRMAN, PRES0.00$0$0$0
SAM G PAULOS
6433 NORWAY RDDALLASTX75230DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1OPERATION OF PALM TREE APARTMENTS PRIOR TO DONATION TO SAMARITAN HOUSEDescription1Txt
Expenses1$305,505Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$108,132AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$970,161AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,382FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,081,675TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,081,675AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,225CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,065,450NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,273MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,273MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,377TaxBasedOnInvestmentIncomeAmt
Total Tax$3,377TotalTaxAmt
Distributable Before Adj$49,896DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$49,896DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$49,896DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,481,082ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,481,082QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,896DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$832,967ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,069,966ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$621,811ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,893,893ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$677,491ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,096,128TotalExcessDistributionCyovAmt
Qualifying Distributions$1,481,082QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,896AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,431,186RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$6,527,314TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$832,967ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,694,347ExcessDistriCyovToNextYrAmt
Excess From Year4$1,069,966ExcessFromYear4Amt
Excess From Year3$621,811ExcessFromYear3Amt
Excess From Year2$1,893,893ExcessFromYear2Amt
Excess From Year1$677,491ExcessFromYear1Amt
Excess From Current Year$1,431,186ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SAMARITAN HOUSEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1929 HEMPHILL STAddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76104ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeWELFAREGrantOrContributionPurposeTxt
Amt$1,168,882Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,168,882TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$52,077ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion17ExclusionCd
Exclusion-$94,150ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion01ExclusionCd
Exclusion$4,587ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$189,747ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$152,261ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$152,261TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$6,798Amt
Net Investment Income$3,399NetInvestmentIncomeAmt
Disbursements Charitable Prps$3,399DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (15 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
BUILDING - PALM TREE APARTMENTS2015-08-21$1,364,617$372,165SL27.500000000000$49,622$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2017-12-15$7,500$3,042SL15.000000000000$500$500
LAND - VACANT LOT FOR COMMUNITY GARDEN2017-02-01$11,729L$0$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2020-02-29$3,281$839SL15.000000000000$219$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2020-04-06$66,000$16,500SL15.000000000000$4,400$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2020-05-05$1,075$264SL15.000000000000$72$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2020-09-30$40,000$8,668SL15.000000000000$2,667$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2020-10-27$30,000$6,333SL15.000000000000$2,000$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-01-06$25,000$5,001SL15.000000000000$1,667$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-02-07$20,000$3,888SL15.000000000000$1,333$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-03-08$20,000$3,777SL15.000000000000$1,333$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-04-29$6,700$1,192SL15.000000000000$447$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-06-10$9,250$1,594SL15.000000000000$617$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2021-06-22$1,700$283SL15.000000000000$113$0
LEASEHOLD IMPROVEMENTS - PALM TREE APARTMENTS2022-07-01$59,351$5,935SL15.000000000000$3,957$3,957

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVANGUARD ULTRA ST BOND ADMCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$84,028BookValueAmt
EOYFMV$84,219EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$3,296LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$3,296DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PF RESIDENTIAL PROPERTY INSURANCE ESCROW-$1,540$0$0
PF RESIDENTIAL TAX ESCROW-$6,103$0$0
PF RESIDENTIAL TOTALENERGIES E&P BARNETT USA-$25$0$0
PF RESIDENTIAL UTILITY DEPOSITS-$2,080$0$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES RELATED TO OPERATION OF PALM TREE APTS$0$0$305,505
EXPENSES RELATED TO OPERATION OF PALM TREE APARTMENTS$305,505$0$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ROYALTIES$330$330$330
MISCELLANEOUS INCOME$4,257$4,257$4,257

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
SECURITY DEPOSITS-$100$0
PF RESIDENTIAL OPENING DEPOSIT$2,779$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySEVERANCE TAXESCategoryTxt
Amt$152Amt
Net Investment Income$92NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Comments

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