MAJESTIC RANCH ARTS FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MAJESTIC RANCH ARTS FOUNDATION (EIN 74-1908420)
- Tax period
- 2013-04-01 to 2014-03-31
- Filed
- 2015-01-09
- IRS object ID
- 201520099349100252
- Schema version
- 2013v4.0
- 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-PF
- Schedule B
- Gain Loss Sale Other Assets Sch
- Mortgages And Notes Payable Sch
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-01-09T14:50:33-08:00 | ReturnTs |
| Tax Period End | 2014-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUZANN M WOODWARD CPA | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 512 E Blanco Rd Suite 200 | AddressLine1 |
| City | Boerne | City |
| State | TX | State |
| ZIP Code | 78006 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741908420 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Majestic Ranch Arts Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAJE | BusinessNameControlTxt |
| Phone | 2104154185 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POBox 1708 | AddressLine1 |
| City | Boerne | City |
| State | TX | State |
| ZIP Code | 78006 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TOM HALLSTEAD | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2104154185 | PhoneNum |
| Signature | 2014-12-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SUZANN M WOODWARD | PreparerPersonNm |
| Phone | 8302494159 | PhoneNum |
| Preparation | 2015-01-09 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,916,559 | 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 | $9,000 | ContriRcvdRevAndExpnssAmt |
| Net Gain Sale Ast Rev And Expnss | $720,896 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,841,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $720,896 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $39,101 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $39,101 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $39,101 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $768,997 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $759,997 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $39,101 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $1,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $1,000 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $3,206 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $3,206 | AccountingFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $2,326 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,326 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,229 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $5,229 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $5,229 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $82,231 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,690 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $82,231 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $93,992 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $10,245 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $91,666 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $140,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $140,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $233,992 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $10,245 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $91,666 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $140,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $535,005 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $749,752 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,519 | CashBOYAmt |
| Cash EOY | $500,173 | CashEOYAmt |
| Cash EOYFMV | $500,173 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,416,386 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl EOY | $1,416,386 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,416,386 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Land BOY | $1,937,821 | LandBOYAmt |
| Total Assets BOY | $1,943,340 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,916,559 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,916,559 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $561,786 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $561,786 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $3,472,614 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,472,614 | CapitalStockEOYAmt |
| Retained Earning BOY | -$2,091,060 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,556,055 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,381,554 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,916,559 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,943,340 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,916,559 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,381,554 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $535,005 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,916,559 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,916,559 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 523.84 Acres,Improvements,Bldgs,Equip | P | 2008-06-27 | 2013-08-28 | $2,840,000 | $562,389 | $2,682,493 | $719,896 | $0 | $0 | $0 | $719,896 |
| Desk & Credenza | P | 2006-09-01 | 2013-06-27 | $1,000 | $1,000 | $1,000 | $1,000 | $0 | $0 | $0 | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $720,896 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Adj Nonchrtbl Net Invst Incm Pct | $0 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 2008-09-12 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DEBRA PIERCE | IndividualWithBooksNm |
| Phone | 2104154185 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 Menger | AddressLine1 |
| City | San Antonio | City |
| State | TX | State |
| ZIP Code | 78259 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| TOM HALLSTEAD | ||||||||
| 1250 NE Loop 410 | San Antonio | TX | 78209 | Chairman | 10.00 | $0 | $0 | $0 |
| CAMERON HARRIS | ||||||||
| 2504 Chamberlain Drive | Plano | TX | 75023 | Secretary | 4.00 | $0 | $0 | $0 |
| PETER COWGER | ||||||||
| 246 Turkey Knob | Boerne | TX | 78006 | President | 8.00 | $0 | $0 | $0 |
| JOHN JONES | ||||||||
| PO Box 1705 | Boerne | TX | 78006 | Vice Pres | 4.00 | $0 | $0 | $0 |
| MERLE S OLSON | ||||||||
| 1704 Cordillera Trace | Boerne | TX | 78006 | Director | 4.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Boerne Public Library Amphitheatre Project | Description1Txt |
| Expenses1 | $100,000 | Expenses1Amt |
| Description2 | Kendall County Animal Shelter & Adoption AgencyAnimal Adoption Trailer | Description2Txt |
| Expenses2 | $35,000 | Expenses2Amt |
| Description3 | Boerne Public Library Summer Reading Program | Description3Txt |
| Expenses3 | $5,000 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Boerne Public Library Amphitheatre Project | Description1Txt |
| Expenses1 | $300,000 | Expenses1Amt |
| Total | $300,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $252,846 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,416,386 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,669,232 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,669,232 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $25,038 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,644,194 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $82,210 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $140,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $300,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $440,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $440,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $440,000 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $440,000 | RemainingDistriFromCorpusAmt |
| Total Corpus | $440,000 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $440,000 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $440,000 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2008-02-27 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year2 | $5,247 | Year2Amt |
| Year3 | $12,822 | Year3Amt |
| Total | $18,069 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year2 | $4,460 | Year2Amt |
| Year3 | $10,899 | Year3Amt |
| Total | $15,359 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $440,000 | CurrentYearAmt |
| Year1 | $91,291 | Year1Amt |
| Year2 | $160,868 | Year2Amt |
| Year3 | $279,879 | Year3Amt |
| Total | $972,038 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $440,000 | CurrentYearAmt |
| Year1 | $91,291 | Year1Amt |
| Year2 | $160,868 | Year2Amt |
| Year3 | $279,879 | Year3Amt |
| Total | $972,038 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $54,807 | CurrentYearAmt |
| Year1 | $989 | Year1Amt |
| Year2 | $5,868 | Year2Amt |
| Year3 | $156,823 | Year3Amt |
| Total | $218,487 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Boerne Public Library | ||||||
| 451 N Main St 100 | Boerne | TX | 78006 | PC501(c)(3) | Summer LibraryProgram Sponsor | $5,000 |
| Kendall County Animal Control | ||||||
| 201 E San Antonio Rd | Boerne | TX | 78006 | PC501(c)(3) | Trailer andSignage | $35,000 |
| Boerne Public Library | ||||||
| 451 N Main St 100 | Boerne | TX | 78006 | PC501(c)(3) | OutdoorAmphitheatre | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $140,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Boerne Public Library | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 451 N Main St 100 | AddressLine1 |
| City | Boerne | City |
| State | TX | State |
| ZIP Code | 78006 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | OutdoorAmphitheatre | GrantOrContributionPurposeTxt |
| Amt | $300,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $300,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 3 | ExclusionCd |
| Related Or Exempt Function Incm | $720,895 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Seller Financed Mtg Interest | Desc |
| Related Or Exempt Function Incm | $39,101 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $759,996 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $759,996 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | promote arts & letters in Boerne & the Hill Country |
| 11a | promote arts & letters in Boerne & the Hill Country |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | DEBRA L PIERCE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 Menger | AddressLine1 |
| City | San Antonio | City |
| State | TX | State |
| ZIP Code | 78259 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Basis MethodBasisMethodTxt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|---|---|---|
| WILLIAM CYNTHIA COOPER | |||||||||
| 523.84 Acres, Improvements, Buildings, Equipment | 2008-06 | Purchased | 2013-08 | $2,840,000 | $2,500,210 | Cost | $182,283 | $719,896 | $562,389 |
| DEBRA PIERCE | |||||||||
| Desk and Credenza | 2006-09 | Purchased | 2013-06 | $1,000 | $1,000 | FMV | $1,000 | $1,000 | |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Bank Fees | $25 | $25 | |
| Computer Expense | $595 | $595 | |
| Contract Labor | $75,000 | $75,000 | |
| Insurance | $1,836 | $1,836 | |
| Maintenance & Repairs | $956 | $956 | $956 |
| Office Expense | $52 | $52 | |
| Postage & Mailing | $333 | $333 | |
| Storage Rent | $1,094 | $1,094 | |
| Telephone | $308 | $308 | |
| Utilities | $1,734 | $1,734 | $1,734 |
| Website | $298 | $298 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Seller Financed Mtg Interest | Desc |
| Revenue And Expenses Per Books | $39,101 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $39,101 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $39,101 | AdjustedNetIncomeAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM CYNDY COOPER | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | None | InsiderRelationshipTxt |
| Loan Original | $1,640,000 | LoanOriginalAmt |
| Balance Due | $1,416,386 | BalanceDueAmt |
| Note | 2013-08 | NoteDt |
| Loan Maturity | 2020-09 | LoanMaturityDt |
| Repayment Terms | 7 year note at 5% | RepaymentTermsTxt |
| Interest | 0.05000000 | InterestRt |
| Security Provided Borrower | 523.84 acres Kendall County TX | SecurityProvidedBorrowerTxt |
| Loan Purpose | Seller Financed Mortgage | LoanPurposeTxt |
| Lender Consideration | Cash and Note Receivable | LenderConsiderationDesc |
| Consideration FMV | $2,840,000 | ConsiderationFMVAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Property Tax | CategoryTxt |
| Amt | $5,229 | Amt |
| Net Investment Income | $5,229 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,229 | AdjustedNetIncomeAmt |