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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-09-30T15:15:48-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Ronald J Maberry CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line13213 South 22nd StreetAddressLine1
CityAbileneCity
StateTXState
ZIP Code79605ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN752689278EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FORT PHANTOM FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFORTNameControl
Phone3256771309Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 58AddressLine1
CityABILENECity
StateTXState
ZIP Code79604ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJAMES M ALEXANDERName
TitlePresidentTitle
Date Signed2013-09-30DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRONALD J MABERRY CPAName
PTINP00285315PTIN
Phone3257959146Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY2106950FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss156008ContriReceivedRevAndExpnss
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss70InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm70InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm70InterestOnSavingsAdjNetIncm
Total Revenue And Expenses156078TotalRevenueAndExpenses
Total Net Investment Income70TotalNetInvestmentIncome
Total Adjusted Net Income70TotalAdjustedNetIncome
Accounting Fees Rev And Expnss630AccountingFeesRevAndExpnss
Accounting Fees Adj Net Incm630AccountingFeesAdjNetIncm
Taxes Rev And Expnss1653TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps1653TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss10017DeprecAndDepletionRevAndExpnss
Other Expenses Rev And Expnss15288OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps15288OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss27588TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm630TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps16941TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss0ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps0ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss27588TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm630TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps16941TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses128490ExcessOfRevenueOverExpenses
Net Investment Income70NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY916CashBOY
Cash EOY13663CashEOY
Cash EOYFMV13663CashEOYFMV
Savings And Temp Cash Invst BOY30362SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY9400SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV9400SavingsAndTempCashInvstEOYFMV
Prepaid Expenses EOY96808PrepaidExpensesEOY
Prepaid Expenses EOYFMV96808PrepaidExpensesEOYFMV
Land Building And Equipment Basis313223LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip58489AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY214838LandBuildingAndEquipmentBOY
Land Building And Equipment EOY254734LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV1458956LandBuildingAndEquipmentEOYFMV
Other Assets BOY528123OtherAssetsBOY
Other Assets EOY528123OtherAssetsEOY
Other Assets EOYFMV528123OtherAssetsEOYFMV
Total Assets BOY774239TotalAssetsBOY
Total Assets EOY902728TotalAssetsEOY
Total Assets EOYFMV2106950TotalAssetsEOYFMV
Other Liabilities BOY1OtherLiabilitiesBOY
Total Liabilities BOY1TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY774238CapitalStockBOY
Capital Stock EOY902728CapitalStockEOY
Total Net Assets BOY774238TotalNetAssetsBOY
Total Net Assets EOY902728TotalNetAssetsEOY
Total Liabilities Net Assets BOY774239TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY902728TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY774238TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses128490ExcessOfRevenueOverExpenses
Subtotal902728Subtotal
Total Net Assets Fund Balances EOY902728TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year195641QualifyingDistributionsYear1
Noncharitable Assets Year177911NoncharitableAssetsYear1
Distribution Ratio Year11.22757DistributionRatioYear1
Qualifying Distributions Year277556QualifyingDistributionsYear2
Noncharitable Assets Year2149906NoncharitableAssetsYear2
Distribution Ratio Year20.51736DistributionRatioYear2
Qualifying Distributions Year310663QualifyingDistributionsYear3
Noncharitable Assets Year3161098NoncharitableAssetsYear3
Distribution Ratio Year30.06619DistributionRatioYear3
Qualifying Distributions Year453540QualifyingDistributionsYear4
Noncharitable Assets Year4159844NoncharitableAssetsYear4
Distribution Ratio Year40.33495DistributionRatioYear4
Qualifying Distributions Year58625QualifyingDistributionsYear5
Noncharitable Assets Year5155668NoncharitableAssetsYear5
Distribution Ratio Year50.05541DistributionRatioYear5
Total Distribution Ratio2.20148TotalDistributionRatio
Average Distribution Ratio0.44030AverageDistributionRatio
Net Noncharitable Assets36927NetNoncharitableAssets
Adjusted Noncharitable Assets16259AdjustedNoncharitableAssets
One Percent Net Investment Income1OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One16260AdjNonchrtblAssetsAndOnePct
Qualifying Distributions51414QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax1InvestmentIncomeExciseTax
Subtotal1Subtotal
Tax Based On Investment Income1TaxBasedOnInvestmentIncome
Tax Due1TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithTXStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationtruePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressWWW.FORTPHANTOM.ORGWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1IDA HERNANDEZBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number3256771309BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 58AddressLine1
CityABILENECity
StateTXState
ZIP Code79604ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
MARILYN GALUSHA
P O BOX 58ABILENETX796040058SEC-TREAS7.500
JOHN L BECKHAM
P O BOX 87ABILENETX796040087V P, ASST. S/T0.000
H C ZACHRY
P O BOX 1739ABILENETX79604Vice President0.000
JAMES M ALEXANDER
P O BOX 58ABILENETX796040058President0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JONES COUNTY CO JUDGE DALE SPURGINBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 148AddressLine1
CityANSONCity
StateTXState
ZIP Code79501ZIPCode
FieldValueIRS element (for citing)
Type Of ServiceCONTRACT ADMINTypeOfService
Compensation124585Compensation

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1OPERATIONS OF FORT PHANTOM: THE FORT IS OPEN TO THE PUBLIC WITH TOURS AND EDUCATIONAL INFORMATION MADE AVAILABLE TO THE VISITORS.Description1
Expenses116941Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances37489AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets37489TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets37489AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable562CashDeemedCharitable
Net Noncharitable Assets36927NetNoncharitableAssets
Minimum Investment Return1846MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgXSect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions16941ExpensesAndContributions
Amounts Paid Acq Charitable Assets34473AmountsPaidAcqCharitableAssets
Qualifying Distributions51414QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm1OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions51413AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

FieldValueIRS element (for citing)
Date Of Ruling1997-11-21DateOfRuling
Section4942j3XSection4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year0CurrentYear
Year2161Year2
Total161Total

Percent85 Of Lessor Percent85OfLessor

FieldValueIRS element (for citing)
Year2137Year2
Total137Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year51414CurrentYear
Year195643Year1
Year277563Year2
Year310663Year3
Total235283Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year51414CurrentYear
Year195643Year1
Year277563Year2
Year310663Year3
Total235283Total

Total Assets TotalAssets

FieldValueIRS element (for citing)
Current Year2106950CurrentYear
Year12000291Year1
Year21989722Year2
Year32040757Year3
Total8137720Total

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi

FieldValueIRS element (for citing)
Current Year2070023CurrentYear
Year11969483Year1
Year21876659Year2
Year31876709Year3
Total7792874Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Total0Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJAMES M ALEXANDERContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$70ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$70ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA70TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategory
Amount$630Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income630AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Explanation ContractorCompExplanation

Contractor Name Business ContractorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1JONES COUNTY CO JUDGE DALE SPURGINBusinessNameLine1
FieldValueIRS element (for citing)
ExplanationFUNDS 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 PropertyDescriptionOfPropertyDate AcquiredDateAcquiredCost Or Other BasisCostOrOtherBasisComputation MethodComputationMethodRateRateCurrent Year ExpenseCurrentYearExpensePrior Years DepreciationPriorYearsDepreciation
SPRINKLER SYSTEM2012-08-2715440870.0096149
IMPROVEMENTS2012-12-3134473870.001137
IMPROVEMENTS-KIOSK ETC2011-12-3184520870.02562167
SPEED QUEEN WASHER2010-08-01583540.2000117175
FENCE2003-09-2615038650.100015046016
CHIMNEY STABILIZATION2003-08-2617500870.02564491796
HOUSE2000-10-232500870.025664256
BARRACKS2000-03-216901870.0256177708
FENCE2008-10-0232286650.1000322910091
CARETAKER HOUSE2001-08-0182849870.0256212422038

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (5 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisBook ValueBookValueEOYFMVEOYFMVAccumulated DepreciationAccumulatedDepreciation
Land10719107191188299
Improvements20865818201520865726643
Buildings84063589485894825115
Machinery and Equipment9200276127616439
Furniture and Fixtures583291291292

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionARTIFACTSDescription
BOY Book Value528123BOYBookValue
EOY Book Value528123EOYBookValue
EOYFMV528123EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
OPERATING EXPENSES63796379
GENERAL & ADMINISTRATIVE89098909

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountDisbursements Charitable PrpsDisbursementsCharitablePrps
PROPERTY TAXES$1,6511651
FEDERAL INCOME TAX$22

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