FRAZIER REVITALIZATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FRAZIER REVITALIZATION INC (EIN 20-3395474)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-04
- IRS object ID
- 201503089349300335
- Schema version
- 2014v5.0
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-04T14:27:49-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 743001153 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PMB HELIN DONOVAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5550 LBJ FREEWAY SUITE 750 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203395474 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZIER REVITALIZATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAZ | BusinessNameControlTxt |
| Phone | 4692210704 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON STREET NO 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOROTHY HOPKINS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4692210704 | PhoneNum |
| Signature | 2015-10-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY HENNINGTON | PreparerPersonNm |
| PTIN | P00141326 | PTIN |
| Phone | 9727885315 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DOROTHY HOPKINS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON STREET SUITE 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,552,632 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FRIDALLAS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | ECONOMIC, CULTURAL DEVELOPMENT, AND REVITALIZATION OF THE SOUTH DALLAS FAIR PARK AREA | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $964,836 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,881,906 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,007 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $629,437 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $737 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$44,100 | PYOtherRevenueAmt |
| CY Other Revenue | $40,552 | CYOtherRevenueAmt |
| PY Total Revenue | $953,743 | PYTotalRevenueAmt |
| CY Total Revenue | $2,552,632 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,633,134 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $70,824 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $238,207 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $21,582 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $384,325 | PYOtherExpensesAmt |
| CY Other Expenses | $713,714 | CYOtherExpensesAmt |
| PY Total Expenses | $455,149 | PYTotalExpensesAmt |
| CY Total Expenses | $4,585,055 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $498,594 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,032,423 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,986,712 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,321,091 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,251,141 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,309,312 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,735,571 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,779 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ECONOMIC, CULTURAL DEVELOPMENT, AND REVITALIZATION OF THE SOUTH DALLAS FAIR PARK AREA | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,512,786 | ExpenseAmt |
| Grant | $3,633,134 | GrantAmt |
| Revenue | $629,437 | RevenueAmt |
| Desc | FRI CONTINUES TO STRATEGICALLY ASSEMBLE LAND IN ACCORDANCE WITH THE COMPREHENSIVE REVITALIZATION PLAN ADOPTED BY THE CITY OF DALLAS. FRI CONTINUES TO WORK TOWARD A PLANNED DEVELOPMENT AT THE CORNER OF HATCHER AND SCYENE TO BE THE CAYALYST TRANSIT-ORIENTED DEVELOPMENT (TOD) AS PRESCRIBED IN THE COMPREHENSIVE REVITALIZATION PLAN OF THE CITY AND COMMUNITY, AND TOD STUDY ALSO ADOPTED BY THE CITY. FRI ALSO CONTNIUES ITS COMMUNITY OUTREACH AS PART OF THE OVERALL COMPREHENSIVE REDEVELOPMENT PLAN. | Desc |
| Total Program Service Expenses | $4,512,786 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TABATHA ALLEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4692210703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON STREET STE 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| RICHARD KNIGHT | ||||||
| CHAIRMAN OF THE BOARD | 5.00 | Yes (X) | $0 | $0 | $0 | |
| J MCDONALD WILLIAMS | ||||||
| TRUSTEE | 20.00 | Yes (X) | $0 | $0 | $0 | |
| LUCY CAIN | ||||||
| TRUSTEE/SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| BEVERLY DEBASE | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL W HARRIS | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICIA S WILLIAMS | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ANTONG LUCKY | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE MODORY | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| BENJAMIN GLISPIE | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DOROTHY HOPKINS | ||||||
| PRESIDENT & CEO | 40.00 | $0 | $105,000 | $5,733 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $105,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $5,733 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BOKA POWELL | |||||
| 8070 PARK LANE 300 | DALLAS | TX | 75231 | ARCHICHETURAL | $313,267 |
| HILL WILKINSON | |||||
| 2703 TELECOM PKWY 120 | RICHARDSON | TX | 75082 | CONTRACTOR | $276,195 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,881,906 | AllOtherContributionsAmt |
| Noncash Contributions | $172,571 | NoncashContributionsAmt |
| Total Contributions | $1,881,906 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DEVELOPER FEE | 611430 | $600,000 | $600,000 |
| BAYLOR CONTRACT AGREEM | 621400 | $29,437 | $29,437 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $629,437 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $737 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $737 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,300 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,300 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,300 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,300 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LEVERAGE LOAN | 531390 | $35,297 | $35,297 |
| LOSS ON SALE OF PROPER | 531390 | -$4,045 | -$4,045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $31,252 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,552,632 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $670,726 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,633,134 | TotalAmt |
| Program Services | $3,633,134 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,000 | TotalAmt |
| Program Services | $73,600 | ProgramServicesAmt |
| Management And General | $9,200 | ManagementAndGeneralAmt |
| Fundraising | $9,200 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,335 | TotalAmt |
| Program Services | $96,039 | ProgramServicesAmt |
| Management And General | $15,546 | ManagementAndGeneralAmt |
| Fundraising | $5,750 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,321 | TotalAmt |
| Program Services | $12,946 | ProgramServicesAmt |
| Management And General | $4,781 | ManagementAndGeneralAmt |
| Fundraising | $1,594 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,551 | TotalAmt |
| Program Services | $7,614 | ProgramServicesAmt |
| Management And General | $1,453 | ManagementAndGeneralAmt |
| Fundraising | $484 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,543 | TotalAmt |
| Program Services | $15,543 | ProgramServicesAmt |
| Management And General | $3,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,349 | TotalAmt |
| Program Services | $14,651 | ProgramServicesAmt |
| Management And General | $2,386 | ManagementAndGeneralAmt |
| Fundraising | $1,312 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,324 | TotalAmt |
| Program Services | $9,840 | ProgramServicesAmt |
| Management And General | $1,603 | ManagementAndGeneralAmt |
| Fundraising | $881 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218 | TotalAmt |
| Program Services | $174 | ProgramServicesAmt |
| Management And General | $28 | ManagementAndGeneralAmt |
| Fundraising | $16 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $605 | TotalAmt |
| Program Services | $483 | ProgramServicesAmt |
| Management And General | $79 | ManagementAndGeneralAmt |
| Fundraising | $43 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,189 | TotalAmt |
| Program Services | $5,740 | ProgramServicesAmt |
| Management And General | $935 | ManagementAndGeneralAmt |
| Fundraising | $514 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,843 | TotalAmt |
| Program Services | $1,471 | ProgramServicesAmt |
| Management And General | $240 | ManagementAndGeneralAmt |
| Fundraising | $132 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,378 | TotalAmt |
| Program Services | $240,955 | ProgramServicesAmt |
| Management And General | $8,423 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,483 | TotalAmt |
| Program Services | $15,654 | ProgramServicesAmt |
| Management And General | $535 | ManagementAndGeneralAmt |
| Fundraising | $294 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,231 | TotalAmt |
| Program Services | $13,758 | ProgramServicesAmt |
| Management And General | $2,241 | ManagementAndGeneralAmt |
| Fundraising | $1,232 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COMMUNITY PROGRAMS | $337,732 | $337,732 | ||
| PROPERTY MGMT & MAINTEN | $29,676 | $29,676 | ||
| PROPERTY TAXES | $11,573 | $11,573 | ||
| DUES | $1,824 | $1,457 | $237 | $130 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$9,254 | TotalAmt |
| Program Services | -$9,254 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,585,055 | TotalAmt |
| Program Services | $4,512,786 | ProgramServicesAmt |
| Management And General | $50,687 | ManagementAndGeneralAmt |
| Fundraising | $21,582 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,735 | BOYAmt |
| EOY | $216,921 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,395,939 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $307,249 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,614 | BOYAmt |
| EOY | $170,000 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $10,415,250 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $247,427 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,585,966 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,661 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,543,363 | BOYAmt |
| EOY | $1,568,305 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,986,712 | BOYAmt |
| EOY | $14,321,091 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,193 | BOYAmt |
| EOY | $64,332 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,699 | BOYAmt |
| EOY | $120,696 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,992,249 | BOYAmt |
| EOY | $13,725,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $399,284 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,251,141 | BOYAmt |
| EOY | $14,309,312 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,422,733 | BOYAmt |
| EOY | -$422,830 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,838 | BOYAmt |
| EOY | $434,609 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,735,571 | BOYAmt |
| EOY | $11,779 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,986,712 | BOYAmt |
| EOY | $14,321,091 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,032,423 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $308,632 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $710,328 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $679,305 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $444,920 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $964,836 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,881,906 | CurrentTaxYearAmt |
| Total | $4,681,295 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $710,328 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $679,305 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $444,920 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $964,836 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,881,906 | CurrentTaxYearAmt |
| Total | $4,681,295 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $4,681,295 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,574 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$9,750 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,749 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$44,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,552 | CurrentTaxYearAmt |
| Total | $47,025 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,728,320 | TotalSupportAmt |
| Public Support CY170 | 0.99010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99400 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,131,514 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,131,514 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $429,028 | InvestmentCostOrOtherBasisAmt |
| Book Value | $429,028 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $25,424 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $17,661 | DepreciationAmt |
| Book Value | $7,763 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,568,305 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $2,556,677 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $4,045 | OtherRevenueAmt |
| Revenue Not Reported | $4,045 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,552,632 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,552,632 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,589,100 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,045 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,045 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,585,055 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,585,055 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON SALE OF LAND |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON SALE OF LAND |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON SALE OF LAND |
| SCHEDULE PART XI LINE 4B AND PART XII LINE 4B | $4,045 IS THE LOSS ON REVERSION OF LAND BANK PROPERTIES TO THE CITY OF DALLAS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HATCHER AT SCYENE TITLE HOLDING COMPANY | |||||||
| 5646 MILTON STREET STE 407 | DALLAS | TX | 75206 | 471242650 | $3,623,534 | BOOK | CONTRIBUTION TO QALIC B |
| KWANZAAFEST | |||||||
| PO BOX 224725 | DALLAS | TX | 75222 | 752851704 | $5,000 | BOOK | EDUCATIONAL EVENT |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| DOROTHY HOPKINS | |||
| PRESIDENT & CEO | $0 | EMPLOYEE OF J. MCDONALD WILLIAMS | 0 |
| J MCDONALD WILLIAMS | |||
| TRUSTEE | $399,284 | J MCDONALD WILLIAMS IS THE FOUNDER OF THE FOUNDATION FOR COMMUNITY EMPOWERMENT AS PART OF THE NMTC TRANSACTION, FCE LOANED FRI $399,284. | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SERVICES | Desc |
| Contribution | 0 | ContributionCnt |
| Noncash Contributions Rpt F990 | $172,571 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | THE ORGANIZATION CONTINUED TO STRATEGICALLY ASSEMBLE LAND IN ACCORDANCE WITH THE COMPREHENSIVE REVITALIZATION PLAN ADOPTED BY THE CITY OF DALLAS. FRI, CONTINUES TO WORK TOWARD A PLANNED DEVELOPMENT AT THE CORNER OF HATCHER (NOW ELSIE FAYE HEGGINS) AND SCYENE TO BE THE CATALYST TRANSIT ORIENTED DEVELOPMENT (TOD) AS PRESCRIBED IN THE COMPREHENSIVE REVITALIZATION PLAN OF THE CITY AND COMMUNITY, AND TOD STUDY ALSO ADOPTED BY THE CITY. IN AUGUST 2014, THE DALLAS DEVELOPMENT FUND (DDF) AWARDED A $15,000,000 NEW MARKETS TAX CREDIT (NMTC) ALLOCATION TO THE ORGANIZATION FOR THE CONSTRUCTION OF AN APPROXIMATELY 44,000 SQUARE FOOT MEDICAL FACILITY IN THE FRAZIER AREA. THE TRANSACTION CLOSED IN AUGUST 2014, WITH THE DDF AND JPMORGAN CHASE, N.A. (CHASE). AS THE NMTC EQUITY INVESTOR, CHASE PROVIDED APPROXIMATELY $4.89 MILLION IN NMTC EQUITY. CHASE PROVIDED A $11.7 TERM LOAN (SENIOR LOAN) TO THE ORGANIZATION, PART OF WHICH WAS USED TO FUND A $10.45 MILLION "LEVERAGE LOAN" FROM THE ORGANIZATION TO CHASE INVESTMENT FUND (CIF), A SPECIAL PURPOSE INVESTMENT FUND ENTITY. CHASE IS RESPONSIBLE FOR THE MANAGEMENT OF CIF. THE NMTC EQUITY AND LEVERAGE LOAN WAS COMBINED TO CAPITALIZE THE CIF, WHICH IN TURN MADE A QUALIFIED EQUITY INVESTMENT (QEI) OF $15 MILLION INTO A SUBSIDIARY OF DDF ("SUB-CDE"). DDF, THROUGH THE AFOREMENTIONED SUB-CDE, MADE TWO QUALIFIED LOW INCOME COMMUNITY INVESTMENT (QLICI) LOANS TO AN AFFILIATE OF THE ORGANIZATION. THE AFFILIATE OF THE ORGANIZATION, HATCHER AT SCYENE TITLE HOLDING COMPANY, IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS. THE ORGANIZATION ALSO CONTINUES ITS COMMUNITY OUTREACH AS PART OF THE OVERALL COMPREHENSIVE REDEVELOPMENT PLAN. IN 2014 THE ORGANIZATION BRANDED THE INITIATIVE AS PARTNERS IN PROGRESS, AND LAID A PLATFORM FOR AN OUT OF SCHOOL TIME NETWORK OF PROVIDER ORGANIZATIONS, TO PROVIDE QUALITY OUT OF SCHOOL TIME PROGRAMMING TO YOUTH IN THE FRAZIER NEIGHBORHOODS. |
| FORM 990, PART VI, SECTION A, LINE 2 | DESCRIPTION OF RELATIONSHIP: HOBLITZELLE FOUNDATION GUARANTEES A PORTION OF A NOTE PAYABLE FOR FRI. THE PRESIDENT AND CEO, AND THE TREASURER OF HOBLITZELLE FOUNDATION ARE BOTH ON FRAZIER'S BOARD. THE BOARD LOAN WAS REPAID IN 2014. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD MEETS PERIODICALLY TO REVIEW FINANCIAL STATEMENTS AND TO PROVIDE GUIDANCE AND GOVERNANCE FOR FRI. |
| FORM 990, PART VI, SECTION B, LINE 11 | PROCESS USED BY MANAGEMENT OR GOVERNING BODY TO REVIEW FORM 990: A DRAFT OF FORM 990 IS EMAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW. THE FINAL VERSION WILL BE PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | DESCRIPTION OF PROCESS TO MONITOR TRANSACTION FOR CONFLICTS OF INTEREST: A QUESTIONNAIRE IS PROVIDED TO EACH BOARD MEMBER TO DETERMINE CONFLICTS OF INTEREST. EACH BOARD MEMBER FILLS OUT AND RETURNS QUESTIONNAIRE. THE OFFICER WILL EVALUATE FOR POTENTIAL OR STATED CONFLICTS, AND THEY ARE DISCLOSED IN THE FINANCIAL STATEMENT AND FORM 990. IF A CONFLICT IS FOUND TO EXIST, THE PERSON OR PERSONS TO WHICH THE CONFLICT APPLIES ARE PROHIBITED FROM VOTING ON ANY MATTERS TO WHICH CONFLICT RELATES BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | OFFICERS & POSITIONS FRI ANNUAL BUDGET IS APPROVED BY THE BOARD. PART OF THE ANNUAL BUDGET IS THE SALARY OF THE PRESIDENT/CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS TO GENERAL PUBLIC: FRI POROVIDES THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | OTHER ADJUSTMENTS 308,632. |
| FORM 990 PART XI LINE 9 | WHEN THE NMTC FINANCING CLOSED FRI WAS REPAID FOR ITEMS THAT WERE PREVIOUSLY EXPENSED, IE INTEREST, TAXES( BASICALY COST OF CARRYING THE LAND PRIOR TO IT BEING PUT IN DEVELOPMENT). |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRI HS GP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON ST STE 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274602352 | EIN |
| Primary Activities | ACQUIRE & MAINTAIN LAND FOR HOUSING DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZIER REVITALIZATION INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HATCHER AT SCYENE TITLE HOLDING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON ST STE 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 471242650 | EIN |
| Primary Activities | PROPERTY MANAGEMENT AND TITLE HOLDING | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | TITLE HOLDING COMPAN | ExemptCodeSectionTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZIER HS LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5646 MILTON ST STE 407 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274079924 | EIN |
| Primary Activities | ACQUIRE & MAINTAIN LAND FOR HOUSING DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZIER REVITALIZATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.99900 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| FRAZIER HS LP | ||
| A | $1,718,215 | COST |
| HATCHER AT SCYENE TITLE HOLDING COMPANY | ||
| B | $3,623,534 | COST |
| HATCHER AT SCYENE TITLE HOLDING COMPANY | ||
| C | $1,033,448 | COST |
| HATCHER AT SCYENE TITLE HOLDING COMPANY | ||
| J | $120,000 | COST |
| HATCHER AT SCYENE TITLE HOLDING COMPANY | ||
| D | $14,700,000 | COST |
| HATCHER AT SCYENE TITLE HOLDING COMPANY | ||
| M | $600,000 | |
Comments