ASBURY FOUNDATION OF HATTIESBURG INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ASBURY FOUNDATION OF HATTIESBURG INC (EIN 64-0692161)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-16
IRS object ID
201601379349101775
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-16T12:37:33-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205857627PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TOPP MCWHORTER HARVEY PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1P O DRAWER 15099AddressLine1Txt
CityHATTIESBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP394045099ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN640692161EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASBURY FOUNDATION OF HATTIESBURG INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASBUBusinessNameControlTxt
Phone6012963555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 17797AddressLine1Txt
CityHATTIESBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP394047797ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM K RAYPersonNm
Person TitleCEO & BOARD MEMPersonTitleTxt
Phone6012963555PhoneNum
Signature2016-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD G TOPP CPAPreparerPersonNm
PTINP00144777PTIN
Phone6012643519PhoneNum
Preparation2016-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$33,081,233FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$28InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$28InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$953,708DividendsRevAndExpnssAmt
Dividends Net Invst Incm$953,708DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,656,457NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,025,012GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,656,457CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$62,305OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$6,359OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$2,672,498TotalRevAndExpnssAmt
Total Net Invst Incm$2,616,552TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$165,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$16,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$148,500CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$52,813OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$5,281OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$47,532OthEmplSlrsWgsDsbrsChrtblAmt
Accounting Fees Rev And Expnss$21,425AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$10,713AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$10,712AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$54,985TaxesRevAndExpnssAmt
Taxes Net Invst Incm$19,108TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$11,945TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$1,859DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$372DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$27,736OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$5,547OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$22,189OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$3,964TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$0TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$187,546OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$183,577OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$3,083OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$515,328TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$241,098TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$243,961TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,197,966ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,197,966ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,713,294TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$241,098TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,441,927TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$40,796ExcessRevenueOverExpensesAmt
Net Investment Income$2,375,454NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6CashBOYAmt
Cash EOY$2,970CashEOYAmt
Cash EOYFMV$2,970CashEOYFMVAmt
Sav And Temp Cash Invst BOY$194,886SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$327,163SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$327,163SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$19,002,653CorporateStockBOYAmt
Corporate Stock EOY$16,387,955CorporateStockEOYAmt
Corporate Stock EOYFMV$16,387,955CorporateStockEOYFMVAmt
Corporate Bonds BOY$10,642,224CorporateBondsBOYAmt
Corporate Bonds EOY$10,293,297CorporateBondsEOYAmt
Corporate Bonds EOYFMV$10,293,297CorporateBondsEOYFMVAmt
Other Investments BOY$6,226,236OtherInvestmentsBOYAmt
Other Investments EOY$6,067,626OtherInvestmentsEOYAmt
Other Investments EOYFMV$6,067,626OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$66,749LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$64,527LandBldgEquipAccumDeprecAmt
Land BOY$2,849LandBOYAmt
Land EOY$2,222LandEOYAmt
Land EOYFMV$2,222LandEOYFMVAmt
Total Assets BOY$36,068,854TotalAssetsBOYAmt
Total Assets EOY$33,081,233TotalAssetsEOYAmt
Total Assets EOYFMV$33,081,233TotalAssetsEOYFMVAmt
Grants Payable BOY$2,715,934GrantsPayableBOYAmt
Grants Payable EOY$1,827,365GrantsPayableEOYAmt
Other Liabilities BOY$88,615OtherLiabilitiesBOYAmt
Other Liabilities EOY$49,254OtherLiabilitiesEOYAmt
Total Liabilities BOY$2,804,549TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,876,619TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$33,264,305UnrestrictedBOYAmt
Unrestricted EOY$31,204,614UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$33,264,305TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$31,204,614TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$36,068,854TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$33,081,233TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$33,264,305TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$40,796ExcessRevenueOverExpensesAmt
Other Increases$888,569OtherIncreasesAmt
Subtotal$34,112,078SubtotalAmt
Other Decreases$2,907,464OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$31,204,614TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
UBS$4,470,892$2,796,100$1,674,792$1,674,792
UBS$554,120$572,455-$18,335-$18,335
FieldValueIRS element (for citing)
Capital Gain Net Income$1,656,457CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$2,420,430AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$35,573,566NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.068040DistributionYr1Rt
Adjusted Qlfy Distri Yr2$2,259,064AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$39,760,102NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.056817DistributionYr2Rt
Adjusted Qlfy Distri Yr3$2,081,225AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$33,748,688NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.061668DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,118,117AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$33,750,111NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.062759DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,834,592AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$32,048,264NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.057245DistributionYr5Rt
Total Distribution0.306529TotalDistributionRt
Average Distribution0.061306AverageDistributionRt
Net Vl Noncharitable Assets$34,444,423NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,111,650AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$23,755NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$2,135,405AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$2,441,927QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$23,755InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$23,755SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$23,755TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$21,400EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$21,400TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$2,355TaxDueAmt

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 Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMSOrgReportOrRegisterStateCd
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 AddressWWW.ASBURYFOUNDATIONOFHATTIESBURG.COMWebsiteAddressTxt
Individual With BooksWILLIAM K RAYIndividualWithBooksNm
Phone6012963555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1201 METHODIST BLVDAddressLine1Txt
CityHATTIESBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39402ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MRS DORIS MILLER
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$3,500$0$0
MR GLENN GALEY
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$4,500$0$0
MR GEORGE KOMP III
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$5,000$0$0
MR RAYMOND DEARMAN
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$3,000$0$0
REV KEITH HAGENSON
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$5,000$0$0
MR HARRY MCARTHUR
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$5,000$0$0
MR WILLIAM RAY
PO BOX 17797HATTIESBURGMS394047797CEO & BOARD MEM30.00$135,000$0$0
MR CAREY REVELS
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER0.25$1,000$0$0
RAY HUMPHREYS
PO BOX 17797HATTIESBURGMS394047797BOARD MEMBER14.00$3,000$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonSTACIE MICHEL WALLACEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 17797AddressLine1Txt
CityHATTIESBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP394047797ZIPCd
FieldValueIRS element (for citing)
TitleADMIN ASSISTANTTitleTxt
Average Hrs Per Wk Devoted To Pos24.00AverageHrsPerWkDevotedToPosRt
Compensation$52,813CompensationAmt
Employee Benefits$0EmployeeBenefitsAmt
Expense Account$0ExpenseAccountAmt
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

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$34,547,715AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$419,020AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,222FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,968,957TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,968,957AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$524,534CashDeemedCharitableAmt
Net Vl Noncharitable Assets$34,444,423NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,722,221MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,722,221MinimumInvestmentReturnAmt
Tax Based On Investment Income$23,755TaxBasedOnInvestmentIncomeAmt
Total Tax$23,755TotalTaxAmt
Distributable Before Adj$1,698,466DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,698,466DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,698,466DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,441,927ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,441,927QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$23,755PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$2,418,172AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,698,466DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$256,367ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$453,703ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$424,331ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$307,969ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$684,496ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,126,866TotalExcessDistributionCyovAmt
Qualifying Distributions$2,441,927QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,698,466AppliedToCurrentYearAmt
Remaining Distri From Corpus$743,461RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$2,870,327TotalCorpusAmt
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$256,367ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,613,960ExcessDistriCyovToNextYrAmt
Excess From Year4$453,703ExcessFromYear4Amt
Excess From Year3$424,331ExcessFromYear3Amt
Excess From Year2$307,969ExcessFromYear2Amt
Excess From Year1$684,496ExcessFromYear1Amt
Excess From Current Year$743,461ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonWILLIAM K RAYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 17797AddressLine1Txt
CityHATTIESBURGCityNm
State AbbreviationMSStateAbbreviationCd
ZIP394047797ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6012963555RecipientPhoneNum
Form And Info And MaterialsA BOUND APPLICATION MUST BE PRESENTED TO INLCUDE A COPY OF THE ORGANIZATION'S 501(C)3, BUDGETS, COMPLETED FINANCIAL INFORMATION, AND A COMPLETED GRANT APPLICATION.FormAndInfoAndMaterialsTxt
Submission DeadlinesMAY 31, AUGUST 31, OCTOBER 31, OR MARCH 31.SubmissionDeadlinesTxt
Restrictions On AwardsAPPLICANTS MUST BE RECOGNIZED BY THE IRS AS 501(C)3 ORGANIZATIONS OR MUST BE UNITS OF GOVERNMENT SERVING IN THE FOLLOWING COUNTIES: LAMAR, FORREST, MARION, PERRY, JONES, COVINGTON, PEARL RIVER, AND JEFFERSON DAVIS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHRISTIAN SERVICES OF AMERICA
301 E SECOND STHATTIESBURGMS39401NONENEW FACILITY FOR LIBERTY MINISTRIES AND HOLIDAY FEEDING PROGRAM$25,000
EDWARDS STREET MISSION
PO BOX 17532HATTIESBURGMS39404NONEHOLIDAY FEEDING PROGRAM$25,000
EXTRA TABLE
3904 HARDY STREETHATTIESBURGMS39402NONEUNRESTRICTED$65,000
FELLOWSHIP OF CHRISTIAN ATHLETES
PO BOX 449RIDGELANDMS39158NONEUNRESTRICTED$25,000
FORREST GENERAL HEALTHCARE FOUNDATION
125 SOUTH 28TH AVENUEHATTIESBURGMS39401NONEHOSPICE HOUSE$500,000
HOMES OF HOPE FOR CHILDREN
6597 U S HIGHWAY 98HATTIESBURGMS39402NONESUPPORT FOR CHILDRENS' HOME$200,000
MOUNT OLIVE MINISTRIES
PO BOX 875MT OLIVEMS39119NONEKID ZONE IN COVINGTON AND JEFFESRON DAVIS COUNTIES$36,115
PREGNANCY CHOICES OF HATTIESBURG
216 S 27TH AVEHATTIESBURGMS39401NONEUNRESTRICTED$86,912
SACRED HEART SCHOOL
313 WALNUT STREETLAURELMS39401NONESAN ANTONIO FOUNDATION$475,939
CHRISTIAN FOOD MISSION - LAUREL
506 CHANTILLY STREETLAURELMS39440NONEUNRESTRICTED$25,000
THE SALVATION ARMY
PO BOX 1750HATTIESBURGMS39403NONEHOLIDAY FEEDING PROGRAM$25,000
TIDE SCHOOL
120 S 25TH AVEHATTIESBURGMS39402NONEUNRESTRICTED$139,000
UNIVERSITY OF SOUTHERN MISSISSIPPI
118 COLLEGE DRIVEHATTIESBURGMS39406NONEEDUCATION$570,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,197,966TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$953,708ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,359ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,656,457ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOTHER RECEIPTSDesc
Exclusion01ExclusionCd
Exclusion$55,946ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$2,672,498ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,672,498TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number8LineNumberTxt
Relationship StatementTHE VAST MAJORITY OF THE ENTITIES ASSETS ARE IN INVESTMENTS WHICH FUND THE ORGANIZATIONS ACTIVITIES. WITHOUT THESE INVESTMENT ASSETS, THE ENTITY WOULD BE UNABLE TO FUND ITS MISSION.RelationshipStatementTxt

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$21,425Amt
Net Investment Income$10,713NetInvestmentIncomeAmt
Disbursements Charitable Prps$10,712DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (37 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
STACIE'S CHAIR1999-07-26$385$385SL7.000000000000$0$0
2-SEATER SOFA1999-07-26$689$689SL7.000000000000$0$0
CLUB CHAIR1999-07-26$591$591SL7.000000000000$0$0
CORNER TABLE1999-07-26$490$490SL7.000000000000$0$0
ARC TOP DESK1999-07-26$2,289$2,289SL7.000000000000$0$0
CORNER COMP DESK1999-07-26$1,165$1,165SL7.000000000000$0$0
MAGAZINE SOFA TABLE1999-07-26$485$485SL7.000000000000$0$0
LATERAL FILE1999-07-26$895$895SL7.000000000000$0$0
2-DWR LATERAL FILE1999-07-26$895$895SL7.000000000000$0$0
STORAGE CREDENZA1999-07-26$1,763$1,763SL7.000000000000$0$0
BOOKCASE W/GLASS DOORS1999-07-26$2,106$2,106SL7.000000000000$0$0
TV CABINET W/STORAGE1999-07-26$595$595SL7.000000000000$0$0
DESK CHAIR1999-07-26$593$593SL7.000000000000$0$0
2 GUEST CHAIRS1999-07-26$967$967SL7.000000000000$0$0
STACIE'S DESK1999-08-16$590$590SL7.000000000000$0$0
U SHAPED CREDENZA2006-03-30$3,406$3,405SL7.000000000000$0$0
COMPUTER--HOWARD COMPUTERS1999-07-26$1,355$1,355SL5.000000000000$0$0
TRANSCRIBE STATION1999-08-27$2,731$2,731SL5.000000000000$0$0
GRANT MANAGEMENT SOFTWARE2000-02-14$7,800$7,800200DB3.000000000000$0$0
CANON CFX-L4500 FAX MACHINE2000-10-18$1,065$1,065200DB5.000000000000$0$0
SCANNER2001-10-03$262$262SL5.000000000000$0$0
FLAT SCREEN MONITOR2001-12-03$856$856SL5.000000000000$0$0
COMPUTER SYSTEM2001-12-17$2,554$2,554SL5.000000000000$0$0
COMPUTER FOR MR. RAY'S OFFICE2004-05-10$1,043$1,043SL5.000000000000$0$0
MONITOR, PRINTER AND SOFTWARE2006-02-28$615$615SL5.000000000000$0$0
CANON COPIER2006-03-20$10,529$10,529SL5.000000000000$0$0
LASER COLOR PRINTER2006-03-23$641$641SL5.000000000000$0$0
COMPUTER2007-02-21$1,861$1,861200DB5.000000000000$0$0
LG 26" LCD HD TV2010-01-04$481$468200DB5.000000000000$13$0
CANNON UNIVERSAL SCANNER2010-01-20$461$448200DB5.000000000000$13$0
COMPETER SYSTEM: GATEWAY TOWER, MONITOR, & SOFTWAR2010-01-21$1,113$1,081200DB5.000000000000$32$0
SAMSUNG LCD MONITOR2010-03-31$320$311200DB5.000000000000$9$0
HEWLETT PACKARD WORKSTATION WHARDWARE & SOFTWARE2010-04-22$4,093$3,975200DB5.000000000000$118$0
COMPUTER SERVER, MONITOR, AND BACKUP SYSTEM2012-11-20$6,415$4,571SL5.000000000000$642$0
COMPUTER2013-06-06$1,572$1,195200DB5.000000000000$151$0
HP WORKSTATION, WRITER, & SOFTWARE2013-12-10$1,848$1,404200DB5.000000000000$178$0
XEROX 8570 PRINTER2015-01-28$1,230200DB7.000000000000$703$0

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$10,293,297EOYBookValueAmt
EOYFMV$10,293,297EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$16,387,955EOYBookValueAmt
EOYFMV$16,387,955EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemOTHER INVESTMENTSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$6,067,626BookValueAmt
EOYFMV$6,067,626EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (37 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
STACIE'S CHAIR$385$385$0
2-SEATER SOFA$689$689$0
CLUB CHAIR$591$591$0
CORNER TABLE$490$490$0
ARC TOP DESK$2,289$2,289$0
CORNER COMP DESK$1,165$1,165$0
MAGAZINE SOFA TABLE$485$485$0
LATERAL FILE$895$895$0
2-DWR LATERAL FILE$895$895$0
STORAGE CREDENZA$1,763$1,763$0
BOOKCASE W/GLASS DOORS$2,106$2,106$0
TV CABINET W/STORAGE$595$595$0
DESK CHAIR$593$593$0
2 GUEST CHAIRS$967$967$0
STACIE'S DESK$590$590$0
U SHAPED CREDENZA$3,406$3,405$1
COMPUTER--HOWARD COMPUTERS$1,355$1,355$0
TRANSCRIBE STATION$2,731$2,731$0
GRANT MANAGEMENT SOFTWARE$7,800$7,800$0
CANON CFX-L4500 FAX MACHINE$1,065$1,065$0
SCANNER$262$262$0
FLAT SCREEN MONITOR$856$856$0
COMPUTER SYSTEM$2,554$2,554$0
COMPUTER FOR MR. RAY'S OFFICE$1,043$1,043$0
MONITOR, PRINTER AND SOFTWARE$615$615$0
CANON COPIER$10,529$10,529$0
LASER COLOR PRINTER$641$641$0
COMPUTER$1,861$1,861$0
LG 26" LCD HD TV$481$481$0
CANNON UNIVERSAL SCANNER$461$461$0
COMPETER SYSTEM: GATEWAY TOWER, MONITOR, & SOFTWAR$1,113$1,113$0
SAMSUNG LCD MONITOR$320$320$0
HEWLETT PACKARD WORKSTATION WHARDWARE & SOFTWARE$4,093$4,093$0
COMPUTER SERVER, MONITOR, AND BACKUP SYSTEM$6,415$5,213$1,202
COMPUTER$1,572$1,346$226
HP WORKSTATION, WRITER, & SOFTWARE$1,848$1,582$266
XEROX 8570 PRINTER$1,230$703$527

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$2,907,464Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES & EXPENSES$3,601$720$2,881
INVESTMENT FEES$182,806$182,806$0
BANK CHARGES$686$0$0
POSTAGE AND SHIPPING$253$51$202
DUES$200$0$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FEE REBATES$6,359$6,359$6,359
OTHER RECEIPTS$55,946$55,946

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescDECREASE IN GRANTS PAYABLEDesc
Amt$888,569Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
DEFERRED TAX LIABILITY$85,723$46,899
ACCURED FEDERAL TAXES$2,892$2,355

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES$13,272$1,327$11,945
FOREIGN TAXES ON INVESTMENT INCOME$17,781$17,781$0
OTHER TAXES$134$0$0
FEDERAL TAX EXPENSE$23,798$0$0

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