FOUNDATION FOR TRUTH: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR TRUTH (EIN 45-2747584)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-06-27
- IRS object ID
- 201431789349100408
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-06-27T12:23:38-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 770275132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452747584 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR TRUTH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 3259428984 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3140 EXECUTIVE DRIVE | AddressLine1 |
| City | SAN ANGELO | City |
| State | TX | State |
| ZIP Code | 76904 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENNIS REED | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2014-06-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jody Blazek | PreparerPersonNm |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,365,708 | 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 | $539,248 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $125 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $125 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $13,937 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $116,526 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $13,937 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,755,952 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,755,952 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,309,262 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,770,014 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $71,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $71,500 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $5,470 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,470 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,573 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,573 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $20,908 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $10,454 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,454 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $111,948 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $111,948 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $273,022 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $167,022 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $7,438 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $6,717 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,929 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,180 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,749 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46,616 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $35,210 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $11,406 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $549,404 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $338,104 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $104,579 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $905,041 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $905,041 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,454,445 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $338,104 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,009,620 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,854,817 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,431,910 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $970,182 | CashBOYAmt |
| Cash EOY | $2,804,390 | CashEOYAmt |
| Cash EOYFMV | $2,804,390 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $1,000,000 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,000,000 | SavAndTempCashInvstEOYFMVAmt |
| Invst Land Cost Or Other Basis | $11,782,110 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $7,597 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $11,255,082 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $11,774,513 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $10,856,379 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,651 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,077 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $2,670 | LandBOYAmt |
| Land EOY | $2,574 | LandEOYAmt |
| Land EOYFMV | $2,574 | LandEOYFMVAmt |
| Other Assets BOY | $19,466,688 | OtherAssetsBOYAmt |
| Other Assets EOY | $19,466,688 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,702,365 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $31,694,622 | TotalAssetsBOYAmt |
| Total Assets EOY | $35,048,165 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,365,708 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,274 | AccountsPayableBOYAmt |
| Mortgages And Notes Payable BOY | $3,353,127 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $1,853,127 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $3,354,401 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,853,127 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $28,340,221 | CapitalStockBOYAmt |
| Capital Stock EOY | $33,195,038 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,340,221 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $33,195,038 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,694,622 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $35,048,165 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,340,221 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,854,817 | ExcessRevenueOverExpensesAmt |
| Subtotal | $33,195,038 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $33,195,038 | 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 | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Oklahoma house | P | 2013-10-23 | 2013-12-27 | $103,526 | $102,589 | $937 | $937 |
| Ranch equipment | P | 2013-07-26 | $13,000 | $13,000 | $13,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $13,937 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $13,937 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $397,873 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,690,173 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.01680 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $26,918 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,369,295 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.01136 | DistributionYr2Rt |
| Total Distribution | 0.02816 | TotalDistributionRt |
| Average Distribution | 0.01408 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $23,250,386 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $327,319 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $54,319 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $381,638 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,009,620 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $54,319 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $54,319 | SubtotalAmt |
| Tax Based On Investment Income | $54,319 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $141,615 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $141,615 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $87,296 | OverpaymentAmt |
| Applied To ES Tax | $87,296 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DENNIS REED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3259428984 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3140 EXECUTIVE DRIVE | AddressLine1 |
| City | SAN ANGELO | City |
| State | TX | State |
| ZIP Code | 76904 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| DENNIS REED | ||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | President | 20.00 | $0 |
| LEONARD M LIGHT | ||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | Vice President | 1.00 | $0 |
| DONALD W MCKEE JR | ||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | Secretary/Treas | 1.00 | $0 |
| BILLY P FLYNN DECEASED | ||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | Director | 5.00 | $0 |
| BRYAN BRASWELL | ||||||
| 3140 EXECUTIVE DRIVE | SAN ANGELO | TX | 76904 | Director | 1.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICK POPEJOY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2837 MCGILL BLVD | AddressLine1 |
| City | SAN ANGELO | City |
| State | TX | State |
| ZIP Code | 76905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | GRANTS/EVANG | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 20.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $56,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC VIDEOS; THE PURCHASE AND DISTRIBUTION OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF CHRIST AND VARIOUS INDIVIDUALS WITH IN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RICK POPEJOY, EMPLOYEE OF THE FOUNDATION, ALSO CONDUCTS DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY. | Description1Txt |
| Expenses1 | $32,737 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $24,658 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,512,985 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $24,119,937 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,657,580 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $2,053,127 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,604,453 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $354,067 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,250,386 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,162,519 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,162,519 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $54,319 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $54,319 | TotalTaxAmt |
| Distributable Before Adj | $1,108,200 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,108,200 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,108,200 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,009,620 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,009,620 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $54,319 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $955,301 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,108,200 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $687,061 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,009,620 | QualifyingDistributionsAmt |
| Applied To Year1 | $687,061 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $322,559 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $785,641 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1 | CityRecipientForeignAddress/City | Province Or StateRecipientForeignAddress/ProvinceOrState | CountryRecipientForeignAddress/Country | Postal CodeRecipientForeignAddress/PostalCode |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HEART OF TX BIBLE CAMP | ||||||||||||
| PO BOX 830 | BRADY | TX | 76825 | N/A | PC | REMODEL BOYS/GIRLS BATH HOUSES & CONSTRUCT NEW TABERNACLE | $75,716 | |||||
| GOSPEL BROADCASTING NETWORK | ||||||||||||
| 8900 GERMANTOWN RD | OLIVE BRANCH | MS | 38654 | N/A | PC | ASSIST WITH DEVELOPMENT OF LIVE CALL-IN TELEVISION PROGRAM | $46,340 | |||||
| WORLD VIDEO BIBLE SCHOOL | ||||||||||||
| 25 LANTANA LANE | MAXWELL | TX | 78656 | PC | GENERAL OPERATING EXPENSES | $87,000 | ||||||
| HILLCREST CHURCH OF CHRIST | ||||||||||||
| 2535 NORTHWEST LOOP | STEPHENVILLE | TX | 76825 | N/A | PC | "HARRIS & MOORE" CHRISTIAN RADIO PROGRAM | $12,000 | |||||
| CROSSVILLE CHURCH OF CHRIST | ||||||||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | MISSION WORK IN INDIA, INCLUDING LAND PURCHASE FOR NEW ORPHANAGE AND ASSISTANCE FOR BIBLE TRAINING SCHOOLS | $330,000 | |||||
| SIERRA VENTANA CHURCH OF CHRIST | ||||||||||||
| N/A | PC | ASSISTANCE FOR MONTHLY SUPPORT, MISSION WORK, RADIO PROGRAM, AND TRAVEL | $42,200 | SIERRA GANDARA 3912-A | SIERRA VENTANA | MONTERREY | MX | 64780 | ||||
| MANUELITO NAVAJO CHILDREN'S HOME | ||||||||||||
| PO BOX 58 | GALLUP | NM | 87305 | N/A | PC | PURCHASE THREE NEW 15-PASSENGER VANS | $106,785 | |||||
| SAN ANGELO AREA FOUNDATION | ||||||||||||
| 2201 SHERWOOD WAY STE 205 | SAN ANGELO | TX | 76901 | N/A | PC | CONTRIBUTION TO FLYNN ENDOWMENT FUND, A DAF CREATED TO FUND CHILDREN'S ISSUES | $100,000 | |||||
| MEMPHIS SCHOOL OF PREACHING | ||||||||||||
| 3950 FOREST HIL IRENE RD | MEMPHIS | TN | 38125 | N/A | PC | ASSISTANCE FOR MEN FROM MEXICO CURRENTLY ENROLLED IN SCHOOL | $105,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $905,041 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| NEW MEXICO CHRISTIAN CHILDRENS HOME | |||||||
| 1356 NM 236 | PORTALES | NM | 88130 | N/A | PC | ASSIST "PUTTING FAMILIES TOGETHER" ADOPTION MISSION | $20,000 |
| WORLD VIDEO BIBLE SCHOOL | |||||||
| 25 LANTANA LANE | MAXWELL | TX | 78656 | N/A | PC | GENERAL OPERATING EXPENSES/PRODUCTION OF TEACHING MATERIALS | $50,000 |
| CROSSVILLE CHURCH OF CHRIST | |||||||
| PO BOX 211 | CROSSVILLE | TN | 38557 | N/A | PC | ASSISTANCE FOR BIBLE TRAINING SCHOOLS IN INDIA | $180,000 |
| HILLCREST CHURCH OF CHRIST | |||||||
| 2535 NORTHWEST LOOP | STEPHENVILLE | TX | 76401 | N/A | PC | "HARRIS & MOORE" CHRISTIAN RADIO PROGRAM | $24,000 |
| MELROSE CHURCH OF CHRIST | |||||||
| 221 MAIN STREET | MELROSE | NM | 88124 | N/A | PC | ASSIST WITH CAMBODIAN MISSION | $18,000 |
| TULLSTAR | |||||||
| 4611 RIVER OAKS CIRCLE | BROWNWOOD | TX | 76801 | N/A | PC | ASSIST WITH OPERATING EXPENSES/PRODUCTION OF RELIGIOUS TRACTS AND MATERIALS | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $302,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $125 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $13,937 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| RANCH LEASE | 16 | $29,070 |
| RANCH SURFACE LEASE | 16 | $992,405 |
| ROYALTIES | 15 | $4,734,477 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,770,014 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,770,014 | TotalIncomeProducingActyAmt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| DENNIS REED | |||||||
| 1 | 3140 EXECUTIVE DR | SAN ANGELO | TX | 76904 | $21,900 | Yes (X) | |
| ESTATE OF BILLY P FLYNN | |||||||
| 2 | 6359 INDIAN PATH | SAN ANGELO | TX | 769014917 | $517,348 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | Andrews County Ranch Surface | NoncashPropertyDesc |
| Fair Market Value | $517,348 | FairMarketValueAmt |
| Received | 2013-11-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX COMPLIANCE, BOOKKEEPING, ASSET MAINT | CategoryTxt |
| Amt | $20,908 | Amt |
| Net Investment Income | $10,454 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $10,454 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (9 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 2 LAPTOPS | 2012-03-21 | $1,548 | $232 | 91 | 5.0000 | $310 | |
| METAL DETECTOR | 2012-03-21 | $250 | $38 | 91 | 5.0000 | $50 | $50 |
| APPLE IPAD | 2012-08-08 | $859 | $72 | 91 | 5.0000 | $172 | |
| APPLE IPAD | 2012-08-11 | $619 | $52 | 91 | 5.0000 | $124 | |
| ATV TRAILER | 2012-11-20 | $2,100 | $35 | 91 | 5.0000 | $420 | $420 |
| POLARIS ATV | 2012-11-23 | $13,003 | $217 | 91 | 5.0000 | $2,601 | $2,601 |
| WATER WELLS - SONORA | 2012-10-29 | $35,390 | $590 | 91 | 10.0000 | $3,539 | $3,539 |
| USED SUZUKI ATV | 2013-08-28 | $1,600 | 91 | 5.0000 | $107 | $107 | |
| IPAD/CASE | 2013-02-10 | $625 | 91 | 5.0000 | $115 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Machinery and Equipment | $52,343 | $7,597 | $44,746 | $44,746 |
| Improvements | $7,200 | $7,200 | $7,200 | |
| Land | $11,722,567 | $11,722,567 | $10,804,433 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $3,651 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,077 | AccumulatedDepreciationAmt |
| Book Value | $2,574 | BookValueAmt |
| EOYFMV | $2,574 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RANCH ACQUISITION/MINERAL INT | CategoryTxt |
| Legal Fees | $1,573 | LegalFeesAmt |
| Net Investment Income | $1,573 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $1,853,127 | MortgageAmt |
Note Payable NotePayableGrp
Lender Name LenderNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Irion County Ranch | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $1,853,127 | BalanceDueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL AND GAS MINERAL INTEREST | Desc |
| BOY Book Value | $19,466,688 | BOYBookValueAmt |
| EOY Book Value | $19,466,688 | EOYBookValueAmt |
| EOYFMV | $13,702,365 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EQUIPMENT EXPENSE | $15 | $15 | |
| EVANGELISM MATERIALS | $9,646 | $9,646 | |
| INSURANCE | $3,138 | $3,138 | |
| INTERNET | $724 | $724 | |
| OFFICE EXPENSE | $388 | $106 | $282 |
| PAYROLL SERVICES | $734 | $734 | |
| POSTAGE/FREIGHT | $31 | $31 | |
| RANCH EXPENSES | $31,790 | $31,790 | |
| REPAIRS/MAINT | $150 | $150 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| RANCH LEASE | $29,070 | $29,070 |
| RANCH SURFACE LEASE | $992,405 | $992,405 |
| ROYALTIES | $4,734,477 | $4,734,477 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX | $106,000 | |
| PROPERTY TAXES - MINERALS | $156,818 | $156,818 |
| PROPERTY TAXES - SURFACE | $10,204 | $10,204 |