FORT PHANTOM FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- FORT PHANTOM FOUNDATION (EIN 75-2689278)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-09-30
- IRS object ID
- 201342739349100404
- Schema version
- 2012v2.0
- 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
- Accounting Fees Schedule
- Contractor Compensation Expln
- Depreciation Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-09-30T15:15:48-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ronald J Maberry CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3213 South 22nd Street | AddressLine1 |
| City | Abilene | City |
| State | TX | State |
| ZIP Code | 79605 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752689278 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORT PHANTOM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FORT | NameControl |
| Phone | 3256771309 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 58 | AddressLine1 |
| City | ABILENE | City |
| State | TX | State |
| ZIP Code | 79604 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES M ALEXANDER | Name |
| Title | President | Title |
| Date Signed | 2013-09-30 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD J MABERRY CPA | Name |
| PTIN | P00285315 | PTIN |
| Phone | 3257959146 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 2106950 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 156008 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 70 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 70 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 70 | InterestOnSavingsAdjNetIncm |
| Total Revenue And Expenses | 156078 | TotalRevenueAndExpenses |
| Total Net Investment Income | 70 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 70 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 630 | AccountingFeesRevAndExpnss |
| Accounting Fees Adj Net Incm | 630 | AccountingFeesAdjNetIncm |
| Taxes Rev And Expnss | 1653 | TaxesRevAndExpnss |
| Taxes Dsbrs Chrtbl Prps | 1653 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 10017 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 15288 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 15288 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 27588 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 630 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 16941 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 27588 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 630 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 16941 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 128490 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 70 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 916 | CashBOY |
| Cash EOY | 13663 | CashEOY |
| Cash EOYFMV | 13663 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 30362 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 9400 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 9400 | SavingsAndTempCashInvstEOYFMV |
| Prepaid Expenses EOY | 96808 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 96808 | PrepaidExpensesEOYFMV |
| Land Building And Equipment Basis | 313223 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 58489 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 214838 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 254734 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 1458956 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 528123 | OtherAssetsBOY |
| Other Assets EOY | 528123 | OtherAssetsEOY |
| Other Assets EOYFMV | 528123 | OtherAssetsEOYFMV |
| Total Assets BOY | 774239 | TotalAssetsBOY |
| Total Assets EOY | 902728 | TotalAssetsEOY |
| Total Assets EOYFMV | 2106950 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 1 | OtherLiabilitiesBOY |
| Total Liabilities BOY | 1 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 774238 | CapitalStockBOY |
| Capital Stock EOY | 902728 | CapitalStockEOY |
| Total Net Assets BOY | 774238 | TotalNetAssetsBOY |
| Total Net Assets EOY | 902728 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 774239 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 902728 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 774238 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 128490 | ExcessOfRevenueOverExpenses |
| Subtotal | 902728 | Subtotal |
| Total Net Assets Fund Balances EOY | 902728 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 95641 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 77911 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 1.22757 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 77556 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 149906 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.51736 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 10663 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 161098 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.06619 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 53540 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 159844 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.33495 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 8625 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 155668 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.05541 | DistributionRatioYear5 |
| Total Distribution Ratio | 2.20148 | TotalDistributionRatio |
| Average Distribution Ratio | 0.44030 | AverageDistributionRatio |
| Net Noncharitable Assets | 36927 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 16259 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 16260 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 51414 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 1 | InvestmentIncomeExciseTax |
| Subtotal | 1 | Subtotal |
| Tax Based On Investment Income | 1 | TaxBasedOnInvestmentIncome |
| Tax Due | 1 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | WWW.FORTPHANTOM.ORG | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDA HERNANDEZ | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 3256771309 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 58 | AddressLine1 |
| City | ABILENE | City |
| State | TX | State |
| ZIP Code | 79604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| MARILYN GALUSHA | ||||||
| P O BOX 58 | ABILENE | TX | 796040058 | SEC-TREAS | 7.50 | 0 |
| JOHN L BECKHAM | ||||||
| P O BOX 87 | ABILENE | TX | 796040087 | V P, ASST. S/T | 0.00 | 0 |
| H C ZACHRY | ||||||
| P O BOX 1739 | ABILENE | TX | 79604 | Vice President | 0.00 | 0 |
| JAMES M ALEXANDER | ||||||
| P O BOX 58 | ABILENE | TX | 796040058 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES COUNTY CO JUDGE DALE SPURGIN | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 148 | AddressLine1 |
| City | ANSON | City |
| State | TX | State |
| ZIP Code | 79501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | CONTRACT ADMIN | TypeOfService |
| Compensation | 124585 | Compensation |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATIONS OF FORT PHANTOM: THE FORT IS OPEN TO THE PUBLIC WITH TOURS AND EDUCATIONAL INFORMATION MADE AVAILABLE TO THE VISITORS. | Description1 |
| Expenses1 | 16941 | Expenses1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 37489 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 37489 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 37489 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 562 | CashDeemedCharitable |
| Net Noncharitable Assets | 36927 | NetNoncharitableAssets |
| Minimum Investment Return | 1846 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 16941 | ExpensesAndContributions |
| Amounts Paid Acq Charitable Assets | 34473 | AmountsPaidAcqCharitableAssets |
| Qualifying Distributions | 51414 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 1 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 51413 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 1997-11-21 | DateOfRuling |
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
| Year2 | 161 | Year2 |
| Total | 161 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year2 | 137 | Year2 |
| Total | 137 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 51414 | CurrentYear |
| Year1 | 95643 | Year1 |
| Year2 | 77563 | Year2 |
| Year3 | 10663 | Year3 |
| Total | 235283 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 51414 | CurrentYear |
| Year1 | 95643 | Year1 |
| Year2 | 77563 | Year2 |
| Year3 | 10663 | Year3 |
| Total | 235283 | Total |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 2106950 | CurrentYear |
| Year1 | 2000291 | Year1 |
| Year2 | 1989722 | Year2 |
| Year3 | 2040757 | Year3 |
| Total | 8137720 | Total |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 2070023 | CurrentYear |
| Year1 | 1969483 | Year1 |
| Year2 | 1876659 | Year2 |
| Year3 | 1876709 | Year3 |
| Total | 7792874 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES M ALEXANDER | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $70 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $70 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 70 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | Category |
| Amount | $630 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 630 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Explanation ContractorCompExplanation
Contractor Name Business ContractorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES COUNTY CO JUDGE DALE SPURGIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | FUNDS FOR THE FOUNDATION'S SHARE OF CONSTRUCTION COSTS FOR IMPROVEMENTS TO THE VISITORS AREA AT FORT PHANTOM HAD TO BE PAID TO THE COUNTY IN WHICH THE FORT IS LOCATED. THE COUNTY THEN DISBURSED THE FUNDS TO TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT). TXDOT PROVIDES LETTING OF BIDS, DISBURSEMENT TO CONSTRUCTION CONTRACTORS, SUPERVISION AND INSPECTION OF THE CONSTRUCTION PROJECT. TXDOT IS REQUIRED TO PROVIDE THE ABOVE SERVICES SINCE THE FEDERAL GOVERNMENT IS FUNDING PART OF THE CONSTRUCTION COSTS. | Explanation |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (10 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Computation MethodComputationMethod | RateRate | Current Year ExpenseCurrentYearExpense | Prior Years DepreciationPriorYearsDepreciation |
|---|---|---|---|---|---|---|
| SPRINKLER SYSTEM | 2012-08-27 | 15440 | 87 | 0.0096 | 149 | |
| IMPROVEMENTS | 2012-12-31 | 34473 | 87 | 0.0011 | 37 | |
| IMPROVEMENTS-KIOSK ETC | 2011-12-31 | 84520 | 87 | 0.0256 | 2167 | |
| SPEED QUEEN WASHER | 2010-08-01 | 583 | 54 | 0.2000 | 117 | 175 |
| FENCE | 2003-09-26 | 15038 | 65 | 0.1000 | 1504 | 6016 |
| CHIMNEY STABILIZATION | 2003-08-26 | 17500 | 87 | 0.0256 | 449 | 1796 |
| HOUSE | 2000-10-23 | 2500 | 87 | 0.0256 | 64 | 256 |
| BARRACKS | 2000-03-21 | 6901 | 87 | 0.0256 | 177 | 708 |
| FENCE | 2008-10-02 | 32286 | 65 | 0.1000 | 3229 | 10091 |
| CARETAKER HOUSE | 2001-08-01 | 82849 | 87 | 0.0256 | 2124 | 22038 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (5 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Book ValueBookValue | EOYFMVEOYFMV | Accumulated DepreciationAccumulatedDepreciation |
|---|---|---|---|---|
| Land | 10719 | 10719 | 1188299 | |
| Improvements | 208658 | 182015 | 208657 | 26643 |
| Buildings | 84063 | 58948 | 58948 | 25115 |
| Machinery and Equipment | 9200 | 2761 | 2761 | 6439 |
| Furniture and Fixtures | 583 | 291 | 291 | 292 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ARTIFACTS | Description |
| BOY Book Value | 528123 | BOYBookValue |
| EOY Book Value | 528123 | EOYBookValue |
| EOYFMV | 528123 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| OPERATING EXPENSES | 6379 | 6379 |
| GENERAL & ADMINISTRATIVE | 8909 | 8909 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| PROPERTY TAXES | $1,651 | 1651 |
| FEDERAL INCOME TAX | $2 | 2 |
Comments