WALTER AND JERE HUBBARD FAMILYFOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WALTER AND JERE HUBBARD FAMILYFOUNDATION (EIN 26-0481920)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-14
- IRS object ID
- 201202279349101055
- Schema version
- 2011v1.2
- 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
- Amortization Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-14T14:05:40-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newberry Leonard Horton & Bairrington | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 790 | AddressLine1 |
| City | Lamesa | City |
| State | TX | State |
| ZIP Code | 793310790 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260481920 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTER AND JERE HUBBARD | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WALT | NameControl |
| Phone | 4326834777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3282 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79702 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CRAIG E HUBBARD | Name |
| Title | PRESIDENT & SEC | Title |
| Date Signed | 2012-08-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | R Dale Newberry | Name |
| Phone | 8068725426 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 96424 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 125000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 1 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 2749 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2749 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 2749 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 113 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 113 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 113 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 127863 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2863 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 2750 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 1500 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 1500 | AccountingFeesNetInvstIncm |
| Taxes Rev And Expnss | 31 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 31 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 266 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 266 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 1797 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1797 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 102800 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 102800 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 104597 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1797 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 102800 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 23266 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1066 | NetInvestmentIncome |
| Adjusted Net Income | 2750 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 5276 | CashBOY |
| Cash EOY | 25928 | CashEOY |
| Cash EOYFMV | 25928 | CashEOYFMV |
| Investments Corp Stock BOY | 74182 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 77013 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 68188 | InvestmentsCorpStockEOYFMV |
| Other Assets BOY | 2525 | OtherAssetsBOY |
| Other Assets EOY | 2308 | OtherAssetsEOY |
| Other Assets EOYFMV | 2308 | OtherAssetsEOYFMV |
| Total Assets BOY | 81983 | TotalAssetsBOY |
| Total Assets EOY | 105249 | TotalAssetsEOY |
| Total Assets EOYFMV | 96424 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 81983 | CapitalStockBOY |
| Capital Stock EOY | 105249 | CapitalStockEOY |
| Total Net Assets BOY | 81983 | TotalNetAssetsBOY |
| Total Net Assets EOY | 105249 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 81983 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 105249 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 81983 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 23266 | ExcessOfRevenueOverExpenses |
| Subtotal | 105249 | Subtotal |
| Total Net Assets Fund Balances EOY | 105249 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Gain Or LossGainOrLoss | Description Of AssetDescriptionOfAsset |
|---|---|
| 113 | |
| Capital Gain Dividends |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 113 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1600 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 70488 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.02270 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 27600 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 74842 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.36878 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 940 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 87824 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.01070 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 640 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 60419 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.01059 | DistributionRatioYear4 |
| Total Distribution Ratio | 0.41277 | TotalDistributionRatio |
| Average Distribution Ratio | 0.10319 | AverageDistributionRatio |
| Net Noncharitable Assets | 77417 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 7989 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 11 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 8000 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 102800 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 11 | InvestmentIncomeExciseTax |
| Subtotal | 11 | Subtotal |
| Tax Based On Investment Income | 11 | TaxBasedOnInvestmentIncome |
| Tax Due | 11 | 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 | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | TX | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Craig Hubbard | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 4326834777 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3282 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79702 | 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 (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| KATIE L HUBBARD | ||||||
| PO BOX 3282 | MIDLAND | TX | 79702 | Vice President | 0.00 | 0 |
| CRAIG E HUBBARD | ||||||
| PO BOX 3282 | MIDLAND | TX | 79702 | PRESIDENT & SEC | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 69457 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 9139 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 78596 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 78596 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1179 | CashDeemedCharitable |
| Net Noncharitable Assets | 77417 | NetNoncharitableAssets |
| Minimum Investment Return | 3871 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 3871 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 11 | TaxBasedOnInvestmentIncome |
| Total Tax | 11 | TotalTax |
| Distributable Amount Before Adj | 3860 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 3860 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 3860 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 102800 | ExpensesAndContributions |
| Qualifying Distributions | 102800 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 11 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 102789 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3860 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year2 | 17927 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 17927 | TotalExcessDistriCarryover |
| Qualifying Distributions | 102800 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 3860 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 98940 | RemainingDistriFromCorpus |
| Total Corpus | 116867 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 116867 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 17927 | ExcessFromYear2 |
| Excess From Current Year | 98940 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| YOUNGLIFE | |||||||
| 925 WEST WADLEY AVENUE | MIDLAND | TX | 79705 | NONE | PUBLIC | Operational expenses | $500 |
| THE SPRINGBOARD CENTER | |||||||
| 200 Corporate Drive | Midland | TX | 79705 | NONE | PUBLIC | operational expenses | $250 |
| ST ANN'S CATHOLIC CHURCH | |||||||
| 1906 W Texas Ave | Midland | TX | 79701 | NONE | PUBLIC | Building fund for church | $100,000 |
| SCARBOROUGH LINEBERY HOUSE | |||||||
| 802 S Main | Midland | TX | 79701 | NONE | PUBLIC | Operational expenses | $100 |
| ROCK THE DESERT | |||||||
| 10 DESTA DR LI170 | MIDLAND | TX | 79705 | NONE | PUBLIC | operational expenses | $500 |
| MIDLAND MEMORIAL FOUNDATION | |||||||
| 2200 W Illinois Ave | Midland | TX | 79701 | NONE | PUBLIC | Building fund - new hospital | $1,000 |
| HILLCREST SCHOOL | |||||||
| 3510 N A St Building C | Midland | TX | 79705 | NONE | PUBLIC | Operational expenses | $100 |
| HALEY MEMORIAL LIBRARY HISTORY | |||||||
| 1805 W INDIANA AVE | MIDLAND | TX | 79701 | NONE | PUBLIC | OPERATIONAL EXPENSES | $250 |
| AMERICAN CANCER SOCIETY | |||||||
| 2304 W Wadley Ave | Midland | TX | 79705 | NONE | PUBLIC | Operational expenses | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 102800 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,749 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $113 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,863 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 2863 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | CRAIG HUBBARD | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3282 | AddressLine1 |
| City | MIDLAND | City |
| State | TX | State |
| ZIP Code | 79702 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 125000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount | $1,500 | Amount |
| Net Investment Income | 1500 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Amortization Schedule AmortizationSchedule
Amortization Amortization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Amortized Expenses | ORGANIZATION COSTS | DescriptionOfAmortizedExpenses |
| Date Acquired Completed Expended | 2007-08-01 | DateAcquiredCompletedExpended |
| Amount Amortized | 3270 | AmountAmortized |
| Deduction For Prior Years | 745 | DeductionForPriorYears |
| Amortization Period | 15.0000 | AmortizationPeriod |
| Current Year Amortization | 218 | CurrentYearAmortization |
| Total Amount Of Amortization | 963 | TotalAmountOfAmortization |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | EOY Book ValueEOYBookValue | BOY Book ValueBOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Rounding | 1 | ||
| Net Intangible Assets | 2307 | 2525 | 2308 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| BANK FEE | 48 | 48 |
| Amortization | 218 | 218 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | Craig Hubbard | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 West Wall Suite 602 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX PAID | Category |
| Amount | $31 | Amount |
| Net Investment Income | 31 | NetInvestmentIncome |
Comments