THE SPARKS FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE SPARKS FOUNDATION INC (EIN 20-0396160)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-13
- IRS object ID
- 201223189349100982
- 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
- Investments Land Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T16:20:43-08:00 | 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 | Armstrong Backus & Co LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3487 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 797023487 | 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 | 200396160 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sparks Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SPAR | NameControl |
| Phone | 4326835203 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Ste 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | C Todd Sparks | Name |
| Title | Secretary | Title |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Andrew E Armstrong CPA | Name |
| Phone | 4326826258 | 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 | 1724999 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 46411 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1417 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1417 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 31906 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 31906 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 99694 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1029970 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 99694 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1470 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 1370 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 180898 | TotalRevenueAndExpenses |
| Total Net Investment Income | 134387 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 4075 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 2075 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 2000 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 3920 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 3920 | OtherProfFeesNetInvstIncm |
| Taxes Rev And Expnss | 6382 | TaxesRevAndExpnss |
| Other Expenses Rev And Expnss | 9110 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 9110 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 23487 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 15105 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 2000 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 23987 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 15105 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 2500 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 156911 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 119282 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 301504 | CashBOY |
| Cash EOY | 254918 | CashEOY |
| Cash EOYFMV | 254918 | CashEOYFMV |
| Prepaid Expenses BOY | 628 | PrepaidExpensesBOY |
| Investments Corp Stock BOY | 1008691 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 918240 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 918240 | InvestmentsCorpStockEOYFMV |
| Investments Land Etc Basis | 183471 | InvestmentsLandEtcBasis |
| Investments Land Etc BOY | 167205 | InvestmentsLandEtcBOY |
| Investments Land Etc EOY | 183471 | InvestmentsLandEtcEOY |
| Investments Land Etc EOYFMV | 183471 | InvestmentsLandEtcEOYFMV |
| Investments Other EOY | 299019 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 299019 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 90060 | OtherAssetsBOY |
| Other Assets EOY | 69351 | OtherAssetsEOY |
| Other Assets EOYFMV | 69351 | OtherAssetsEOYFMV |
| Total Assets BOY | 1568088 | TotalAssetsBOY |
| Total Assets EOY | 1724999 | TotalAssetsEOY |
| Total Assets EOYFMV | 1724999 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1568088 | UnrestrictedBOY |
| Unrestricted EOY | 1724999 | UnrestrictedEOY |
| Total Net Assets BOY | 1568088 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1724999 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1568088 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1724999 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1568088 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 156911 | ExcessOfRevenueOverExpenses |
| Subtotal | 1724999 | Subtotal |
| Total Net Assets Fund Balances EOY | 1724999 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (4 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| ML 2011 PUBLICLY TRADED SECURITIES | P | 2011-01-01 | 2011-12-31 | 828786 | 823279 | 5507 | 5507 |
| ML 2011 PUBLICLY TRADED SECURITIES | P | 2001-01-01 | 2011-12-31 | 20053 | 16399 | 3654 | 3654 |
| ML 2084 PUBLICLY TRADED SECURITIES | P | 2011-01-01 | 2011-12-31 | 46336 | 39859 | 6477 | 6477 |
| ML 2084 PUBLICLY TRADED SECURITIES | P | 2001-01-01 | 2011-12-31 | 134795 | 50739 | 84056 | 84056 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 99694 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | 11984 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 48700 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1325123 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.03675 | DistributionRatioYear1 |
| Noncharitable Assets Year2 | 1089736 | NoncharitableAssetsYear2 |
| Qualifying Distributions Year3 | 36000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 998742 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.03605 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 48500 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 935980 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.05182 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 213681 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 941110 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.22705 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.35167 | TotalDistributionRatio |
| Average Distribution Ratio | 0.07033 | AverageDistributionRatio |
| Net Noncharitable Assets | 1262007 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 88761 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1193 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 89954 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 2500 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 2386 | InvestmentIncomeExciseTax |
| Subtotal | 2386 | Subtotal |
| Tax Based On Investment Income | 2386 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 1200 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 1200 | TotalCreditsAndPayments |
| Tax Due | 1186 | 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 | false | 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 | C Todd Sparks | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 4326835203 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Ste 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | 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 |
|---|---|---|---|---|---|---|
| Kevin Sparks | ||||||
| 800 N Marienfeld Ste 100 | Midland | TX | 79701 | Treasurer | 2.00 | 0 |
| C Todd Sparks | ||||||
| 800 N Marienfeld Ste 100 | Midland | TX | 79701 | Secretary | 2.00 | 0 |
| W Jeffrey Sparks | ||||||
| 800 N Marienfeld Ste 100 | MIdland | TX | 79701 | Vice President | 2.00 | 0 |
| Don Sparks | ||||||
| 800 N Marienfeld | Midland | TX | 79701 | President | 2.00 | 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 | 932698 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 279176 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 69351 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1281225 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 1281225 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 19218 | CashDeemedCharitable |
| Net Noncharitable Assets | 1262007 | NetNoncharitableAssets |
| Minimum Investment Return | 63100 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 63100 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 2386 | TaxBasedOnInvestmentIncome |
| Total Tax | 2386 | TotalTax |
| Distributable Amount Before Adj | 60714 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 60714 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 60714 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 2500 | ExpensesAndContributions |
| Qualifying Distributions | 2500 | QualifyingDistributions |
| Adj Qualifying Distributions | 2500 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 60714 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 61630 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 7490 | ExcessDistriCarryoverYear4 |
| Total Excess Distri Carryover | 69120 | TotalExcessDistriCarryover |
| Qualifying Distributions | 2500 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 2500 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 58214 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 58214 | ExcessDistriCyovAppliedCY |
| Total Corpus | 10906 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 3416 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 7490 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 7490 | ExcessFromYear4 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kevin Sparks | ContributingManager |
| Contributing Manager | C Todd Sparks | ContributingManager |
| Contributing Manager | W Jeffrey Sparks | ContributingManager |
| Contributing Manager | Don Sparks | ContributingManager |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | The Sparks Foundation Inc | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 N Marienfeld Suite 100 | AddressLine1 |
| City | Midland | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 4326835203 | RecipientPhoneNumber |
| Form And Info And Materials | Prescribed Forms | FormAndInfoAndMaterials |
| Submission Deadlines | 90 Days prior to requested Funding Date | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | PERMIAN BASIN AREA FOUNDATION | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 N LORAINE SUITE 500 | AddressLine1 |
| City | MIDLAND | City |
| State | TX | State |
| ZIP Code | 79701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationship |
| Recipient Foundation Status | 501(C)(3) | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION. | PurposeOfGrantOrContribution |
| Amount | $500 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 500 | 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 | $1,417 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $31,906 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $100 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $99,694 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Royalty Trusts | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,370 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $134,487 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 134487 | 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 (2 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 2 | Sparco Market Fund | 800 N Marienfeld Ste 100 | Midland | TX | 79701 | 20000 | X |
| 1 | C Todd Sparks | 800 N Marienfeld Ste 100 | Midland | TX | 79701 | 26411 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL & PROFESSIONAL FEES | Category |
| Amount | $4,075 | Amount |
| Net Investment Income | 2075 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 2000 | DisbursementsCharitablePrps |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLand
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land | CategoryOrItem |
| Cost Or Other Basis | 183471 | CostOrOtherBasis |
| Book Value | 183471 | BookValue |
| EOYFMV | 183471 | EOYFMV |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Note Rec - Atchison | Description |
| BOY Book Value | 90060 | BOYBookValue |
| EOY Book Value | 69351 | EOYBookValue |
| EOYFMV | 69351 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BANK CHARGES | Description |
| Revenue And Expenses Per Books | 9110 | RevenueAndExpensesPerBooks |
| Net Investment Income | 9110 | NetInvestmentIncome |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| Royalty Trusts | 1370 | 1370 |
| Other Investment Income | 100 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEES | Category |
| Amount | $3,920 | Amount |
| Net Investment Income | 3920 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount |
|---|---|
| Property Taxes | $4,160 |
| Foreign Taxes | $469 |
| Federal Income Tax | $553 |
| Estimated Tax Payments | $1,200 |