THE BELIEVERS FOUNDATION INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE BELIEVERS FOUNDATION INC (EIN 59-2851282)
- Tax period
- 2010-09-01 to 2011-08-31
- Filed
- 2012-07-12
- IRS object ID
- 201221949349100307
- Schema version
- 2010v3.4
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-12T15:45:30-05:00 | Timestamp |
| Tax Period End Date | 2011-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Batts Morrison Wales & Lee PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 North Orange Avenue Suite 800 | AddressLine1 |
| City | Orlando | City |
| State | FL | State |
| ZIP Code | 32801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592851282 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Believers Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BELI | NameControl |
| Phone | 8136815796 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Post Office Box 428 | AddressLine1 |
| City | Mango | City |
| State | FL | State |
| ZIP Code | 33550 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ken Fuller | Name |
| Title | Executive Director | Title |
| Phone | 8136815796 | Phone |
| Date Signed | 2012-07-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4077706000 | Phone |
| Date Prepared | 2012-07-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 25505762 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 576205 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 576205 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 13161 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 13161 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -474711 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 4299351 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 30943 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 13756 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 145598 | TotalRevenueAndExpenses |
| Total Net Investment Income | 603122 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 100797 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 114744 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 0 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 16368 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 12767 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 77636 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 77505 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 45734 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 29968 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Occupancy Rev And Expnss | 25750 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 0 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 0 | OccupancyDsbrsChrtblPrps |
| Trav Conf Meeting Rev And Expnss | 14137 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 2969 | TravConfMeetingDsbrsChrtblPrps |
| Printing And Pub Rev And Expnss | 2125 | PrintingAndPubRevAndExpnss |
| Printing And Pub Net Invst Incm | 0 | PrintingAndPubNetInvstIncm |
| Printing And Pub Dsbrs Chrtbl Prps | 446 | PrintingAndPubDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 117001 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 22171 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 37503 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 544260 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 112443 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 40918 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 3546130 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 3546130 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 4090390 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 112443 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 3587048 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -3944792 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 490679 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 226401 | CashBOY |
| Cash EOY | 17882 | CashEOY |
| Cash EOYFMV | 17882 | CashEOYFMV |
| Other Notes And Loans Receivable | 367359 | OtherNotesAndLoansReceivable |
| Allwnc For Dbtfl Acct Other Rcvbl | 0 | AllwncForDbtflAcctOtherRcvbl |
| Other Notes And Loans Rcvbl BOY | 870387 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 367359 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 367359 | OtherNotesAndLoansRcvblEOYFMV |
| Investments Corp Stock BOY | 19458747 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 18862881 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 19436425 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 8997153 | InvestmentsOtherBOY |
| Investments Other EOY | 6390443 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 5271605 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 512278 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 99787 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 442609 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 412491 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 412491 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 29995297 | TotalAssetsBOY |
| Total Assets EOY | 26051056 | TotalAssetsEOY |
| Total Assets EOYFMV | 25505762 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 2481 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 3182 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 2481 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3182 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 29992816 | RetainedEarningsBOY |
| Retained Earnings EOY | 26047874 | RetainedEarningsEOY |
| Total Net Assets BOY | 29992816 | TotalNetAssetsBOY |
| Total Net Assets EOY | 26047874 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 29995297 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 26051056 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 29992816 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -3944792 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 26048024 | Subtotal |
| Other Decreases | 150 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 26047874 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Gross Sales PriceGrossSalesPrice |
|---|---|---|---|---|---|
| Bennu Investment Partners, L.P. | D | 6 | -6 | -6 | |
| Bennu Investment Partners, L.P. | D | 270 | 270 | 270 | |
| Veritable Silver Point Partners, L.P. | D | 9919 | 7668 | 7668 | 17587 |
| Veritable Silver Point Partners, L.P. | D | 4745 | 2862 | 2862 | 7607 |
| Veritable WCP Partners, L.P. | D | 61 | -61 | -61 | |
| Veritable WCP Partners, L.P. | D | 57695 | -57695 | -57695 | |
| Veritable - Publicly traded securities | D | 1716300 | -6549 | -6549 | 1709751 |
| Common Sense Offshore PFIC | P | 3000000 | -518694 | -518694 | 2481306 |
| Publicly traded securities | P | 22748 | 22748 | 22748 | |
| Publicly traded securities | P | 60082 | 60082 | 60082 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -489375 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 3634616 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 27618176 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.131602 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 3873160 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 32586426 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.118858 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 3504474 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 32401929 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.108156 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 3214520 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 34723525 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.092575 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 4000570 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 28492118 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.140410 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.591601 | TotalDistributionRatio |
| Average Distribution Ratio | 0.118320 | AverageDistributionRatio |
| Net Noncharitable Assets | 26252030 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3106140 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 4907 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3111047 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 3587048 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 4907 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 4907 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 4907 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 28981 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 28981 | TotalCreditsAndPayments |
| Overpayment | 24074 | Overpayment |
| Amount Credited To Next Year | 24074 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 1 | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | 1 | Form990TFiled |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | FL | StatesFiledWith |
| States Filed With | GA | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | None | WebsiteAddress |
| Books In Care Of Person Name | Kenneth G Fuller | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 8136815796 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 428 | AddressLine1 |
| City | Mango | City |
| State | FL | State |
| ZIP Code | 33550 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 1 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 1 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | 0 | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | 1 | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| Stephen L Jaeb | ||||||||
| PO Box 428 | Mango | FL | 33550 | President | 10.00 | 0 | 0 | 0 |
| Kenneth G Fuller | ||||||||
| PO Box 428 | Mango | FL | 33550 | Vice President/Executive Director | 40.00 | 80115 | 20682 | 0 |
| Sandra D Jaeb | ||||||||
| PO Box 428 | Mango | FL | 33550 | Secretary/Treasurer | 1.00 | 0 | 0 | 0 |
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | John Eichholz | Name |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 428 | AddressLine1 |
| City | Mango | City |
| State | FL | State |
| ZIP Code | 33550 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Executive Assistant | Title |
| Average Hours Per Week | 40.00 | AverageHoursPerWeek |
| Compensation | 67500 | Compensation |
| Employee Benefits | 9254 | EmployeeBenefits |
| Expense Account | 0 | ExpenseAccount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Oth Empl Paid Over50k | 2 | TotNumberOfOthEmplPaidOver50k |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Veritable LP | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6022 West Chester Pike | AddressLine1 |
| City | Newtown Square | City |
| State | PA | State |
| ZIP Code | 19073 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | Investment Fees | TypeOfService |
| Compensation | 60768 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation trains pastors and teaches in schools in Asia. | Description1 |
| Expenses1 | 14058 | Expenses1 |
| Description2 | The Foundation is directly involved in the day to day operations of MEDA in Honduras, Central America and directly incurs expenses relating to the operation of the seminary. | Description2 |
| Expenses2 | 16207 | Expenses2 |
| Description3 | The Foundation supports individuals and missionaries from related ministries who speak at various local events by providing small honorariums for their time. | Description3 |
| Expenses3 | 985 | Expenses3 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 19370843 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 257170 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 7023794 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 26651807 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 26651807 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 399777 | CashDeemedCharitable |
| Net Noncharitable Assets | 26252030 | NetNoncharitableAssets |
| Minimum Investment Return | 1312602 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1312602 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 4907 | TaxBasedOnInvestmentIncome |
| Income Tax For This Year | 2811 | IncomeTaxForThisYear |
| Total Tax | 7718 | TotalTax |
| Distributable Amount Before Adj | 1304884 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1304884 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 1304884 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 3587048 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 3587048 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 4907 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 3582141 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1304884 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 2598431 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 1621415 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 2063650 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 2254125 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 2263997 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 10801618 | TotalExcessDistriCarryover |
| Qualifying Distributions | 3587048 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1304884 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 2282164 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 13083782 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 2598431 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 10485351 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 1621415 | ExcessFromYear4 |
| Excess From Year3 | 2063650 | ExcessFromYear3 |
| Excess From Year2 | 2254125 | ExcessFromYear2 |
| Excess From Year1 | 2263997 | ExcessFromYear1 |
| Excess From Current Year | 2282164 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Stephen L Jaeb | ContributingManager |
| Contributing Manager | Sandra D Jaeb | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Ken Fuller Executive Director | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 428 | AddressLine1 |
| City | Mango | City |
| State | FL | State |
| ZIP Code | 33550 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 8136815796 | RecipientPhoneNumber |
| Form And Info And Materials | None Specified | FormAndInfoAndMaterials |
| Submission Deadlines | None | SubmissionDeadlines |
| Restrictions On Awards | Religious Organizations | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (36 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line1RecipientForeignAddress/AddressLine1 | Province Or StateRecipientForeignAddress/ProvinceOrState | CountryRecipientForeignAddress/Country | CityRecipientForeignAddress/City |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Agape Baptist Church | |||||||||||
| 129968 East 1400 Road | Stockton | MO | 65785 | None | Public Charity or Eq | To Spread the Gospel of Christ | $20,000 | ||||
| Baptist Mid-Missions | |||||||||||
| 7749 Webster Road | Cleveland | OH | 44130 | None | Public Charity or Eq | To Spread the Gospel of Christ | $28,000 | ||||
| Bible Basics International | |||||||||||
| PO Box 726 | Odessa | FL | 33556 | None | Public Charity or Eq | To Spread the Gospel of Christ | $15,000 | ||||
| Biblical Ministries Worldwide | |||||||||||
| 1595 Herrington Road | Lawrenceville | GA | 30043 | None | Public Charity or Eq | To Spread the Gospel of Christ | $10,000 | ||||
| Christ Baptist Church | |||||||||||
| None | Foreign Nonprofit * | To Spread the Gospel of Christ | $300,000 | PO Box 857 Fauna Park | Pietersburg | SF | |||||
| Cornerstone Seminary | |||||||||||
| 710 Broadway Street | Vallejo | CA | 94590 | None | Public Charity or Eq | To Spread the Gospel of Christ | $100,000 | ||||
| Eglise Evangelique Internationale de Geneve | |||||||||||
| None | Foreign Nonprofit * | To Spread the Gospel of Christ | $7,000 | 599 route de Chotard | Archamps | FR | |||||
| Exalting Christ Ministries | |||||||||||
| 710 Broadway Street | Vallejo | CA | 94590 | None | Public Charity or Eq | To Spread the Gospel of Christ | $106,654 | ||||
| Expositors Seminary Inc | |||||||||||
| 17475 Jonathan Drive | Jupiter | FL | 33477 | None | Public Charity or Eq | To Spread the Gospel of Christ | $240,000 | ||||
| Faith Bible Church | |||||||||||
| 4907 Highway 34 East | Sharpsburg | GA | 30277 | None | Public Charity or Eq | To Spread the Gospel of Christ | $75,000 | ||||
| Fellowship Bible Church of Tampa Inc | |||||||||||
| PO Box 427 | Mango | FL | 33550 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,705 | ||||
| Friends of Israel Gospel Ministry Inc | |||||||||||
| PO Box 908 | Bellmawr | NJ | 08099 | None | Public Charity or Eq | To Spread the Gospel of Christ | $12,000 | ||||
| Front Range Bible Institute | |||||||||||
| 3435 Maizeland Road | Colorado Springs | CO | 80909 | None | Public Charity or Eq | To Spread the Gospel of Christ | $10,000 | ||||
| Grace Bible Church | |||||||||||
| 5075 Flintridge Drive | Colorado Springs | CO | 80918 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,000 | ||||
| Grace Bible Church of Tampa | |||||||||||
| 12101 56th Street N | Tampa | FL | 33617 | None | Public Charity or Eq | To Spread the Gospel of Christ | $80,000 | ||||
| Hamadera Bible Institute | |||||||||||
| None | Foreign Nonprofit * | To Spread the Gospel of Christ | $20,000 | 4-462 Hamadera Showacho | Osaka | JA | Sakai City | ||||
| Institute for Creation Research | |||||||||||
| 1806 Royal Lane | Dallas | TX | 75229 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,000 | ||||
| Jesus Only Way Ministries | |||||||||||
| 11705 Boyette Road 155 | Riverview | FL | 33569 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,000 | ||||
| Joni and Friends | |||||||||||
| PO Box 2222 | Akron | OH | 44309 | None | Public Charity or Eq | To Spread the Gospel of Christ | $50,000 | ||||
| Leadership Resources International | |||||||||||
| 12575 Ridgeland | Palo Heights | IL | 60463 | None | Public Charity or Eq | To Spread the Gospel of Christ | $50,000 | ||||
| Masters Academy International | |||||||||||
| 24307 Magic Mountain Pkwy 540 | Valencia | CA | 91355 | None | Public Charity or Eq | To Spread the Gospel of Christ | $313,632 | ||||
| New Orleans Baptist Theological Seminary | |||||||||||
| 3939 Gentilly Blvd 62 | New Orleans | LA | 70126 | None | Public Charity or Eq | To Spread the Gospel of Christ | $3,000 | ||||
| Pathway Bible Church | |||||||||||
| 19834 Terri Drive | Canyon County | CA | 91351 | None | Public Charity or Eq | To Spread the Gospel of Christ | $29,032 | ||||
| Proclaiming the Gospel | |||||||||||
| PO Box 940871 | Plano | TX | 75094 | None | Public Charity or Eq | To Spread the Gospel of Christ | $20,000 | ||||
| Propempo International Inc | |||||||||||
| 10 Timber Walk Way | Sharpsburg | GA | 30277 | None | Public Charity or Eq | To Spread the Gospel of Christ | $30,000 | ||||
| Slavic Gospel Association | |||||||||||
| 6151 Commonwealth Drive | Loves Park | IL | 61111 | None | Public Charity or Eq | To Spread the Gospel of Christ | $207,000 | ||||
| Sufficiency of Scripture Ministries | |||||||||||
| 11608 Grand View Drive | Montgomery | TX | 77356 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,000 | ||||
| The Masters College | |||||||||||
| 13238 Roscoe Boulevard | Sun Valley | CA | 91352 | None | Public Charity or Eq | To Spread the Gospel of Christ | $21,000 | ||||
| The Masters Seminary | |||||||||||
| 13248 Roscoe Boulevard | Sun Valley | CA | 91352 | None | Public Charity or Eq | To Spread the Gospel of Christ | $415,000 | ||||
| The Shepherd's Bible College | |||||||||||
| None | Foreign Nonprofit * | To Spread the Gospel of Christ | $40,000 | PO Box 8229 | Hastings | NZ | |||||
| United Ministries Fellowship | |||||||||||
| PO Box 6835 | Glendale | AZ | 85312 | None | Public Charity or Eq | To Spread the Gospel of Christ | $12,000 | ||||
| Verse By Verse Ministries Inc | |||||||||||
| 5800 100th Way N | St Petersburg | FL | 33708 | None | Public Charity or Eq | To Spread the Gospel of Christ | $25,000 | ||||
| Aurora Mission Inc | |||||||||||
| PO Box 1549 | Bradenton | FL | 34206 | None | Public Charity or Eq | To Spread the Gospel of Christ | $55,000 | ||||
| Grace Community Church of the Valley | |||||||||||
| 13248 Roscoe Boulevard | Sun Valley | CA | 91352 | None | Public Charity or Eq | To Spread the Gospel of Christ | $887,500 | ||||
| MEDA | |||||||||||
| None | Foreign Nonprofit * | To Spread the Gospel of Christ | $188,607 | Apartado Postal 199 | Comayagua | HO | Siguatepeque | ||||
| Word of Grace Bible Church | |||||||||||
| 1317 NW 12th Avenue | Battle Ground | WA | 98604 | None | Public Charity or Eq | To Spread the Gospel of Christ | $50,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 3546130 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $576,205 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $13,161 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 01 | ExclusionCode |
| Exclusion | $15,000 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Code | 900000 | BusinessCode |
| Unrelated Business Income | $14,664 | UnrelatedBusinessIncomeAmount |
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$489,375 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Partnership Income | Description |
| Business Code | 900000 | BusinessCode |
| Unrelated Business Income | $17,187 | UnrelatedBusinessIncomeAmount |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | -$1,244 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $31,851 | UnrelatedBusinessIncomeAmount |
| Exclusion | $113,747 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 145598 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting & Tax Advisory Services | Category |
| Amount | $16,368 | Amount |
| Net Investment Income | 12767 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (18 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| Video Camera | 1990-09-24 | 1060 | 1060 | SL | 12.000000000000 | 0 | 0 |
| Tape Duplicator | 1995-09-28 | 1434 | 1434 | 200DB | 5.000000000000 | 0 | 0 |
| Laptop Computer | 1999-02-15 | 1174 | 1174 | 200DB | 5.000000000000 | 0 | 0 |
| Office 2000 Software | 1999-05-20 | 513 | 513 | SL | 3.000000000000 | 0 | 0 |
| Automobile | 2000-03-31 | 22000 | 22000 | SL | 5.000000000000 | 0 | 0 |
| Computer | 2000-11-13 | 2012 | 2012 | 200DB | 5.000000000000 | 0 | 0 |
| Computer | 2001-07-02 | 2211 | 2211 | 200DB | 5.000000000000 | 0 | 0 |
| Filing Cabinets | 2001-08-21 | 547 | 547 | 200DB | 7.000000000000 | 0 | 0 |
| LCD Projector | 2001-09-22 | 4172 | 4172 | 200DB | 7.000000000000 | 0 | 0 |
| Xerox Fax Machine | 2002-07-12 | 1524 | 1524 | 200DB | 7.000000000000 | 0 | 0 |
| Bookshelves | 2002-12-12 | 674 | 674 | 200DB | 7.000000000000 | 0 | 0 |
| Laptop Computer | 2003-01-23 | 1284 | 1284 | 200DB | 5.000000000000 | 0 | 0 |
| Laptop Computer | 2003-04-15 | 1140 | 1140 | 200DB | 5.000000000000 | 0 | 0 |
| Xerox Copier | 2003-01-23 | 12476 | 12476 | 200DB | 7.000000000000 | 0 | 0 |
| Home | 2009-10-31 | 196110 | 4400 | SL | 39.000000000000 | 5028 | 0 |
| Leasehold Improvements | 2009-10-31 | 110012 | 5501 | 150DB | 15.000000000000 | 10451 | 0 |
| Leasehold Improvements | 2009-10-31 | 150935 | 7547 | 150DB | 15.000000000000 | 14339 | 0 |
| Leasehold Improvements | 2010-10-31 | 3000 | 150 | 150DB | 15.000000000000 | 150 | 0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibility (5 entries)
| Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Grant DateGrantDate | GrantGrantAmount | Grant PurposeGrantPurpose | Amount Expended By GranteeAmountExpendedByGrantee | Any Diversion By GranteeAnyDiversionByGrantee | Dates Of Reports By GranteeDatesOfReportsByGrantee |
|---|---|---|---|---|---|---|---|---|
| Ministerios Evangelicos De Las Americas | ||||||||
| Apartado Postal 199 Siguatepeque | Comayagua | HO | 2011-08-31 | $188,607 | To support the general operations of the grantee organization, for the purpose of training church leaders through conferences and materials. | 188607 | No diversion of funds from the purpose of the grant. | January 19, 2012 |
| Shepherd's Bible College | ||||||||
| PO Box 8229 Havelock North | Hastings | NZ | 2011-08-31 | $40,000 | To support the training and equipping of individuals in New Zealand for leadership in Christian service. | 40000 | No diversion of funds from the purpose of the grant. | January 23, 2012 |
| Hamadera Bible Institute | ||||||||
| 4-462 Hamadera Showacho | Osaka | JA | 2011-08-31 | $20,000 | To support the training and equipping of individuals in Japan for leadership in Christian service. | 20000 | No diversion of funds from the purpose of the grant. | January 21, 2012 |
| Christ Baptist Church | ||||||||
| PO Box 857 Fauna Park | Pietersburg | SF | 2011-08-31 | $300,000 | To support the training and equipping of individuals in South Africa for leadership in Christian service. | 300000 | No diversion of funds from the purpose of the grant. | January 21, 2012 |
| Eglise Evangelique Internationale de Geneve | ||||||||
| 599 route de Chotard | Archamps | FR | 2011-08-31 | $7,000 | Evangelistic conferences and concerts | 7000 | No diversion of funds from the purpose of the grant. | February 13, 2012 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Veritable | 18074938 | 18648482 |
| Merrill Lynch Funds | 598943 | 598943 |
| Virtual Bible, Inc. | 189000 | 189000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (7 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Bennu Investment | FMV | 47845 | 12151 |
| Veritable WCP Partners LP | FMV | 14719 | 22945 |
| Veritable Silverpoint LP | FMV | 71173 | 61102 |
| RFID Stock | FMV | 750000 | 750000 |
| Common Sense Offshore | FMV | 0 | 0 |
| Pleiades Offshore | FMV | 1607693 | 575772 |
| Vittoria Offshore | FMV | 3899013 | 3849635 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (18 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | EOYFMVEOYFMV | Book ValueBookValue |
|---|---|---|---|---|
| Video Camera | 1060 | 1060 | 0 | |
| Tape Duplicator | 1434 | 1434 | 0 | |
| Laptop Computer | 1174 | 1174 | 0 | |
| Office 2000 Software | 513 | 513 | 0 | |
| Automobile | 22000 | 22000 | 0 | |
| Computer | 2012 | 2012 | 0 | |
| Computer | 2211 | 2211 | 0 | |
| Filing Cabinets | 547 | 547 | 0 | |
| LCD Projector | 4172 | 4172 | 0 | |
| Xerox Fax Machine | 1524 | 1524 | 0 | |
| Bookshelves | 674 | 674 | 0 | |
| Laptop Computer | 1284 | 1284 | 0 | |
| Laptop Computer | 1140 | 1140 | 0 | |
| Xerox Copier | 12476 | 12476 | 0 | |
| Home | 196110 | 9428 | 0 | 186682 |
| Leasehold Improvements | 110012 | 15952 | 0 | 94060 |
| Leasehold Improvements | 150935 | 21886 | 0 | 129049 |
| Leasehold Improvements | 3000 | 300 | 0 | 2700 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Prior period adjustment | Description |
| Amount | $150 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Office Expense | 26115 | 20370 | 5745 |
| Postage & Shipping | 915 | 714 | 201 |
| Telephone & Internet | 1394 | 1087 | 307 |
| Insurance | 57322 | 0 | 0 |
| MEDA | 16207 | 0 | 16207 |
| Honorarium | 985 | 0 | 985 |
| Pastor Training Expenses | 14058 | 0 | 14058 |
| Miscellaneous | 5 | 0 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| Rental income | 15000 | 15000 | 15000 |
| Partnership Income | 15943 | -1244 | 15943 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| Federal W/H Tax Payable | 1424 | 2135 |
| Medicare Tax Payable | 200 | 269 |
| Social Security Tax Payable | 857 | 778 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLong
Borrowers Name BorrowersName
Business Business
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berean Bible Community Church Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship To Insider | None | RelationshipToInsider |
| Original Amount Of Loan | 452500 | OriginalAmountOfLoan |
| Balance Due | 0 | BalanceDue |
| Date Of Note | 1999-08 | DateOfNote |
| Maturity Date | 2029-09 | MaturityDate |
| Repayment Terms | Monthly Payments Adj. Interest | RepaymentTerms |
| Interest Rate | 0.000000000000 | InterestRate |
| Security Provided By Borrower | Mortgage | SecurityProvidedByBorrower |
| Purpose Of Loan | Religious purposes | PurposeOfLoan |
| Consideration Fmv | 0 | ConsiderationFmv |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Steadfast Financial Services | $3,750 | 3750 | 0 |
| Other Professional Fees | $595 | 464 | 0 |
| Investment Management | $73,291 | 73291 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Excise Tax | $29,250 | 0 | 0 |
| Payroll Tax | $16,373 | 0 | 0 |
| Other Taxes | $111 | 0 | 0 |
Comments