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    <ReturnTs>2014-06-02T08:57:21-05:00</ReturnTs>
    <TaxPeriodEndDt>2013-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>752852737</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1>Couch &amp; Russell Financial Group</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>388 SW Johnson Ave</AddressLine1>
        <City>Burleson</City>
        <State>TX</State>
        <ZIPCode>76028</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>270831047</EIN>
      <BusinessName>
        <BusinessNameLine1>517 RESOURCES INC</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>517R</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1>345 TRUMAN ROAD</AddressLine1>
        <City>FRANKLIN</City>
        <State>TN</State>
        <ZIPCode>37064</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ROBERT NOLAND</PersonNm>
      <PersonTitleTxt>DIRECTOR</PersonTitleTxt>
      <PhoneNum>8177219209</PhoneNum>
      <SignatureDt>2014-05-07</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Cheryl White</PreparerPersonNm>
      <PTIN>P00355277</PTIN>
      <PhoneNum>8172952236</PhoneNum>
      <PreparationDt>2014-06-02</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="IRS990EZ">
      <GroupExemptionNum>7204</GroupExemptionNum>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <WebsiteAddressTxt>WWW.517RESOURCES.COM</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="990A">X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>82939</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>4800</ContributionsGiftsGrantsEtcAmt>
      <ProgramServiceRevenueAmt>75350</ProgramServiceRevenueAmt>
      <InvestmentIncomeAmt>229</InvestmentIncomeAmt>
      <GrossSalesOfInventoryAmt>2560</GrossSalesOfInventoryAmt>
      <GrossProfitLossSlsOfInvntryAmt>2560</GrossProfitLossSlsOfInvntryAmt>
      <TotalRevenueAmt>82939</TotalRevenueAmt>
      <SalariesOtherCompEmplBnftAmt>73580</SalariesOtherCompEmplBnftAmt>
      <PrintingPublicationsPostageAmt>159</PrintingPublicationsPostageAmt>
      <OtherExpensesTotalAmt>19119</OtherExpensesTotalAmt>
      <TotalExpensesAmt>92858</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>-9919</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>76189</NetAssetsOrFundBalancesBOYAmt>
      <OtherChangesInNetAssetsAmt>2</OtherChangesInNetAssetsAmt>
      <NetAssetsOrFundBalancesEOYAmt>66272</NetAssetsOrFundBalancesEOYAmt>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>76189</BOYAmt>
        <EOYAmt>66272</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <LandAndBuildingsGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </LandAndBuildingsGrp>
      <OtherAssetsTotalDetail>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </OtherAssetsTotalDetail>
      <Form990TotalAssetsGrp>
        <BOYAmt>76189</BOYAmt>
        <EOYAmt>66272</EOYAmt>
      </Form990TotalAssetsGrp>
      <SumOfTotalLiabilitiesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </SumOfTotalLiabilitiesGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>76189</BOYAmt>
        <EOYAmt>66272</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <PrimaryExemptPurposeTxt>PROVIDE RELEVANT CHRISTIAN RESOURCES</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>KNIGHTS CODE MENS CONFERENCES ON WEEKENDS TO PROVIDE STRUCTURE AND DISCIPLINE TO THE LIVES OF CHRISTIAN MEN THROUGH THE JESUS CHRISTS TEACHING OF BIBLICAL TRUTHS AND PRINCIPLES</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>19623</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>CHURCH AND CHRISTIAN SCHOOL EVENTS IN PARTNERSHIP WITH CALIBER OUTREACH TO SPREAD THE GOSPEL OF JESUS CHRIST AND TO STRENGTHEN STUDENTS THROUGH SHOWING THE VALUE OF RIGHT CHOICES</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>21046</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>HOST AND ORGANIZE EVENTS AIMED AT BRINGING FAMILIES TOGETHER TO WORSHIP AND LEARN BIBLICAL PRINCIPLES THESE EVENTS HELP PROVIDE DECIPLESHIP OPPORTUNITIES IN THE COMMUNITY</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>20061</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>60730</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm referenceDocumentId="STMA01">ROBERT NOLAND</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>8.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>68900</CompensationAmt>
        <EmployeeBenefitProgramAmt>4680</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JIMMY GIBSON</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
        <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>KELSA BLAIR</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
        <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <InfoInScheduleOPartVInd>X</InfoInScheduleOPartVInd>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <StatesWhereCopyOfReturnIsFldCd>TN</StatesWhereCopyOfReturnIsFldCd>
      <BooksInCareOfDetail>
        <PersonNm>ROBERT NOLAND</PersonNm>
        <USAddress>
          <AddressLine1>345 TRUMAN ROAD</AddressLine1>
          <City>FRANKLIN</City>
          <State>TN</State>
          <ZIPCode>37064</ZIPCode>
        </USAddress>
        <PhoneNum>8177219209</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="990A">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearMinus4YearsAmt>1600</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>6565</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>4800</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>6350</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>4800</CurrentTaxYearAmt>
        <TotalAmt>24115</TotalAmt>
      </GiftsGrantsContrisRcvd509Grp>
      <GrossReceiptsAdmissionsGrp>
        <CurrentTaxYearMinus3YearsAmt>7623</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>28593</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>84040</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>77910</CurrentTaxYearAmt>
        <TotalAmt>198166</TotalAmt>
      </GrossReceiptsAdmissionsGrp>
      <Total509Grp>
        <CurrentTaxYearMinus4YearsAmt>1600</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>14188</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>33393</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>90390</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>82710</CurrentTaxYearAmt>
        <TotalAmt>222281</TotalAmt>
      </Total509Grp>
      <AmountsRcvdDsqlfyPersonGrp>
        <CurrentTaxYearAmt>2100</CurrentTaxYearAmt>
        <TotalAmt>2100</TotalAmt>
      </AmountsRcvdDsqlfyPersonGrp>
      <SubstAndDsqlfyPrsnsTotGrp>
        <CurrentTaxYearAmt>2100</CurrentTaxYearAmt>
        <TotalAmt>2100</TotalAmt>
      </SubstAndDsqlfyPrsnsTotGrp>
      <PublicSupportTotal509Amt>220181</PublicSupportTotal509Amt>
      <GrossInvestmentIncome509Grp>
        <CurrentTaxYearAmt>229</CurrentTaxYearAmt>
        <TotalAmt>229</TotalAmt>
      </GrossInvestmentIncome509Grp>
      <InvestmentIncomeAndUBTIGrp>
        <CurrentTaxYearAmt>229</CurrentTaxYearAmt>
        <TotalAmt>229</TotalAmt>
      </InvestmentIncomeAndUBTIGrp>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>1600</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>14188</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>33393</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>90390</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>82939</CurrentTaxYearAmt>
        <TotalAmt>222510</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <First5Years509Ind>X</First5Years509Ind>
      <Form990ScheduleAPartIVGrp>
        <FormAndLineReferenceDesc>Unusual grants (Part II or Part III, line 1)</FormAndLineReferenceDesc>
        <ExplanationTxt>SOUTHPOINTE CHRISTIAN FELLOWSHIP, A 501(C)3 CHURCH, FILED FOR DISSOLUTION IN 2009, AND AS A PART OF THE DISSOLUTION PLAN, AWARDED A ONE TIME GRANT/CONTRIBUTION TO ESTABLISH 517 RESOURCES. THIS UNUSUAL GRANT WAS A ONE TIME EVENT AND IS NOT EXPECTED TO BE A REGULARLY OCCURRING CONTRIBUTION.</ExplanationTxt>
      </Form990ScheduleAPartIVGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Description of other expenses Part I line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>DESCRIPTION AMOUNTTRAVEL EXPENSES 9,220OFFICE AND MINISTRY SUPPLIES 9,128MISCELLANEOUS 771</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other changes in net assets or fund balances Part I line 20</FormAndLineReferenceDesc>
        <ExplanationTxt>DESCRIPTION AMOUNTROUNDING 2</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Business income not reported on 990-T Part V line 35</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL BUSINESS ACTIVITIES ARE DIRECTLY RELATED TO THE EXEMPT PURPOSE OF THE MINISTRY AND SERVE TO FURTHER THE EXEMPT PURPOSE. BUSINESS ACTIVITIES INCLUDE THE SALE OF RELIGIOUS PUBLICATIONS TO SUPPLEMENT THE WEEKEND TRAININGS FOR MEN KNOWN AND THE KNIGHTS WEEKEND, AND SEMINARS AND EVENTS TO WHICH ADMISSION IS CHARGED DIRECTLY SERVE TO ADVANCE THE GOSPEL OF JESUS CHRIST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="STMA01">
      <CompensationExplanationGrp>
        <PersonNm>ROBERT NOLAND</PersonNm>
        <ShortExplanationTxt>SALARY AND HOUSING ALLOWANCE MINISTRY PAID HEALTH INSURANCE BENEFIT</ShortExplanationTxt>
      </CompensationExplanationGrp>
    </CompensationExplanation>
  </ReturnData>
</Return>