THE SPARKS FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE SPARKS FOUNDATION INC (EIN 20-0396160)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-14
- IRS object ID
- 201633199349101683
- Schema version
- 2015v2.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T13:27:51-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 751496876 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMSTRONG BACKUS & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3487 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79702 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200396160 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SPARKS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPAR | BusinessNameControlTxt |
| Phone | 4326835203 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N MARIENFELD STE 100 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C TODD SPARKS | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4326835203 | PhoneNum |
| Signature | 2016-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDREW E ARMSTRONG CPA | PreparerPersonNm |
| PTIN | P00008159 | PTIN |
| Phone | 4326826258 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,063,650 | 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 | $171,436 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $41,338 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $41,338 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $41,338 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $5,854 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,854 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $5,854 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $253,380 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,198,299 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $253,380 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$101,507 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$11,557 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | -$101,507 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $370,501 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $289,015 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | -$54,315 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,625 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $10,286 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,001 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,912 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $130,063 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $130,063 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $155,975 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $130,063 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $214,526 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $289,015 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $321,425 | CashBOYAmt |
| Cash EOY | $576,811 | CashEOYAmt |
| Cash EOYFMV | $576,811 | CashEOYFMVAmt |
| Corporate Stock BOY | $960,082 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,076,591 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,076,591 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $396,537 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $410,248 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $410,248 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,678,044 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,063,650 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,063,650 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $171,080 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $171,080 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $1,678,044 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,892,570 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,678,044 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,892,570 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,678,044 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,063,650 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,678,044 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $214,526 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,892,570 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,892,570 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| FIDELITY 657 084093 | 2015-01-01 | 2015-12-31 | $956,443 | $936,765 | $19,678 | $19,678 |
| FIDELITY 657 084093 | 2015-01-01 | 2015-12-31 | $6,013 | $8,154 | -$2,141 | -$2,141 |
| FIDELITY 657 084093 | 2015-01-01 | 2015-12-31 | $24 | $24 | $24 | |
| K-1'S SECTION 1231 | 2015-01-01 | 2015-12-31 | $235,819 | $235,819 | $235,819 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $253,380 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $19,678 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $149,245 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,074,260 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.138928 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $89,742 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,837,128 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.048849 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $0 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,003,970 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.000000 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,500 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,262,007 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.001981 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $48,700 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,325,123 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.036751 | DistributionYr5Rt |
| Total Distribution | 0.226509 | TotalDistributionRt |
| Average Distribution | 0.045302 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $49,925 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,262 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,890 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,152 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $130,063 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $2,890 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,890 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,890 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,647 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,647 | TotalPaymentsAndCreditsAmt |
| Tax Due | $1,243 | TaxDueAmt |
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 | 0 | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | C TODD SPARKS | IndividualWithBooksNm |
| Phone | 4326835203 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N MARIENFELD STE 100 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| DON L SPARKS | ||||||||
| 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| W JEFFREY SPARKS | ||||||||
| 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| C TODD SPARKS | ||||||||
| 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | SECRETARY | 2.00 | $0 | $0 | $0 |
| KEVIN D SPARKS | ||||||||
| 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | TREASURER | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $37,292 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,393 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,685 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,685 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $760 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,925 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,496 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,496 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,890 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,890 | TotalTaxAmt |
| Distributable Before Adj | $0 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $0 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $130,063 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $130,063 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $2,890 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $127,173 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $90,457 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $90,457 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $130,063 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $130,063 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $220,520 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $220,520 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $90,457 | ExcessFromYear1Amt |
| Excess From Current Year | $130,063 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | C TODD SPARKS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N MARIENFELD STE 100 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4326835203 | RecipientPhoneNum |
| Form And Info And Materials | PRESCRIBED FORMS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | 90 DAYS PRIOR TO REQUESTED FUNDING DATE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| CHARITABLE CONTRIBUTIONS FROM K-1 INVESTMENTS | |||||||
| 800 N MARIENFELD SUITE 100 | MIDLAND | TX | 79701 | 501(C)(3) | CONTRIBUTION MADE THROUGH PARTNERSHIP WITH AMCAP WOODLAKE, LLC. | $63 | |
| CITIZENS FOR SELF GOVERNANCE | |||||||
| 106 E 6TH ST STE 900 | AUSTIN | TX | 78701 | 501(C)(3) | TO CONTRIBUTE TO THE PROGRAM | $5,000 | N/A |
| MANOR PARK | |||||||
| 5212 SINCLAIR AVE | MIDLAND | TX | 78707 | 501(C)(3) | TO CONTRIBUTE TO THE PROGRAM. | $25,000 | N/A |
| TEXAS PUBLIC POLICY | |||||||
| 900 CONGRESS AVE STE 400 | AUSTIN | TX | 78701 | 501(C)(3) | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | $100,000 | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $130,063 | 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 | $41,338 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,854 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $560 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $253,380 | UnrelatedBusinessTaxblIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| AMCAP ACQUISITIONS | 900003 | -$520 | 16 | $4,230 |
| AMCAP LEE PARK, LLC | 16 | -$12,117 | ||
| AMCAP LEE PARK, LLC | 900003 | -$109 | 01 | |
| AMCAP TELECOM PARTNERS | 900003 | -$78,603 | 01 | |
| AMCAP WOODLAKE, LLC | 900003 | $56,055 | 01 | |
| FRACTURED LLC | -$305 | 01 | ||
| HAD ENOUGH LLC | $1 | 01 | ||
| MASS ENERGY, LLC | -$22,143 | 01 | ||
| SPARKCAP, LLC | 900003 | -$48,556 | 01 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $159,200 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $39,865 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $199,065 | 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 (10 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| C TODD SPARKS FLP | ||||||
| 1 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $16,326 | Yes (X) |
| KEVIN D SPARKS FLP | ||||||
| 2 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $8,163 | Yes (X) |
| W JEFFREY SPARKS | ||||||
| 3 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $8,163 | Yes (X) |
| DISCOVERY OPERATING | ||||||
| 4 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $8,163 | Yes (X) |
| JKTS | ||||||
| 5 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $40,820 | Yes (X) |
| DON AND GWYN SPARKS FLP | ||||||
| 6 | 800 N MARIENFELD STE 100 | MIDLAND | TX | 79701 | $48,984 | Yes (X) |
| F T VENTURES | ||||||
| 7 | PO BOX 6170 | MIDLAND | TX | 79711 | $8,163 | Yes (X) |
| HORACE LINTHICUM | ||||||
| 8 | BOX 94 | MIDLAND | TX | 76930 | $8,163 | Yes (X) |
| PLATT PARTNERS | ||||||
| 9 | 16110 CHATEAU AVE | AUSTIN | TX | 78731 | $8,163 | Yes (X) |
| WA AND DARLENE BATEMAN LIVING TRUST | ||||||
| 10 | 3613 JORDAN AVE | MIDLAND | TX | 79707 | $16,328 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (10 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | .0000375 ORRI HOWARD COUNTY TEXAS | $16,326 | 2015-03-01 |
| 2 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 3 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 4 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 5 | .0001875 ORRI HOWARD COUNTY TEXAS | $40,820 | 2015-03-01 |
| 6 | .000225 ORRI HOWARD COUNTY TEXAS | $48,984 | 2015-03-01 |
| 7 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 8 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 9 | .0000375 ORRI HOWARD COUNTY TEXAS | $8,163 | 2015-03-01 |
| 10 | .000075 ORRI HOWARD COUNTY TEXAS | $16,328 | 2015-03-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL FEES | CategoryTxt |
| Amt | $4,625 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BROKERAGE - FIDELITY 4085 | $308,297 | $308,297 |
| BROKERAGE - FIDELITY 4093 | $447,814 | $447,814 |
| BROKERAGE - FIDELITY 166 | $100,000 | $100,000 |
| ROYALTY TRUST - HUGOTON | $10,875 | $10,875 |
| ROYALTY TRUST - SAN JUAN | $9,600 | $9,600 |
| SECURITIES - TRIUMPH SAVINGS BANK PREFERRED | $200,005 | $200,005 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| K-1 - AMCAP LEE PARK, LLC | AT COST | $42,841 | $42,841 |
| K-1 - AMCAP TELECOM PARTNERS | FMV | $0 | $0 |
| K-1 - AMCAP WOODLAKE, LLC | AT COST | $92,022 | $92,022 |
| K-1 - FRACTURED LLC | AT COST | $9,695 | $9,695 |
| K-1 - HAD ENOUGH LLC | AT COST | $100,001 | $100,001 |
| K-1 - MASS ENERGY, LLC | AT COST | $159,384 | $159,384 |
| K-1 - SPARKCAP, LLC | AT COST | $0 | $0 |
| OTHER ASSETS | FMV | $6,305 | $6,305 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSES | Desc |
| Revenue And Expenses Per Books | $11,001 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| RI - TX - NET | $560 | $560 | $560 |
| AMCAP ACQUISITIONS | $3,710 | $3,710 | |
| AMCAP LEE PARK, LLC | -$12,117 | -$12,117 | -$12,117 |
| AMCAP LEE PARK, LLC | -$109 | -$109 | |
| AMCAP TELECOM PARTNERS | -$78,603 | -$78,603 | |
| AMCAP WOODLAKE, LLC | $56,055 | $56,055 | |
| FRACTURED LLC | -$305 | -$305 | |
| HAD ENOUGH LLC | $1 | $1 | |
| MASS ENERGY, LLC | -$22,143 | -$22,143 | |
| SPARKCAP, LLC | -$48,556 | -$48,556 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $171,080 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEES | CategoryTxt |
| Amt | $10,286 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |