INSPIRATION CHARITABLE FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
INSPIRATION CHARITABLE FOUNDATION (EIN 26-4223774)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-06-11
IRS object ID
201241639349100314
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-06-11T16:37:33-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN752393478EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1WHITLEY PENN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12150 TOWN SQUARE PLACE STE 290AddressLine1
CitySUGAR LANDCity
StateTXState
ZIP Code77479ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN264223774EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1INSPIRATION CHARITABLE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlINSPNameControl
Phone2812428600Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 FRANKLIN ST UNIT 8CAddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77002ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMARK A COVERName
TitleDIRECTORTitle
Phone2812428600Phone
Date Signed2012-06-01DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSTEVE METZENTHIN CPAName
PTINP00956466PTIN
Phone2812428600Phone
Date Prepared2012-05-22DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1619FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss161120ContriReceivedRevAndExpnss
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses161120TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss2775AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss2775TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss159320ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps159320ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss162095TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps159320TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-975ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY2608CashBOY
Cash EOY1619CashEOY
Cash EOYFMV1619CashEOYFMV
Other Notes And Loans Receivable21006OtherNotesAndLoansReceivable
Allwnc For Dbtfl Acct Other Rcvbl0AllwncForDbtflAcctOtherRcvbl
Other Notes And Loans Rcvbl BOY21006OtherNotesAndLoansRcvblBOY
Other Notes And Loans Rcvbl EOY21006OtherNotesAndLoansRcvblEOY
Other Notes And Loans Rcvbl EOYFMV0OtherNotesAndLoansRcvblEOYFMV
Total Assets BOY23614TotalAssetsBOY
Total Assets EOY22625TotalAssetsEOY
Total Assets EOYFMV1619TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY23614RetainedEarningsBOY
Retained Earnings EOY22625RetainedEarningsEOY
Total Net Assets BOY23614TotalNetAssetsBOY
Total Net Assets EOY22625TotalNetAssetsEOY
Total Liabilities Net Assets BOY23614TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY22625TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY23614TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-975ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal22639Subtotal
Other Decreases14OtherDecreases
Total Net Assets Fund Balances EOY22625TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1589156QualifyingDistributionsYear1
Noncharitable Assets Year196899NoncharitableAssetsYear1
Distribution Ratio Year16.080104DistributionRatioYear1
Qualifying Distributions Year231560QualifyingDistributionsYear2
Noncharitable Assets Year279361NoncharitableAssetsYear2
Distribution Ratio Year20.397676DistributionRatioYear2
Total Distribution Ratio6.477780TotalDistributionRatio
Average Distribution Ratio3.238890AverageDistributionRatio
Net Noncharitable Assets70525NetNoncharitableAssets
Adjusted Noncharitable Assets228423AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One228423AdjNonchrtblAssetsAndOnePct
Qualifying Distributions159320QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithTXStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors1NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARK A COVERBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number7132375660BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1915 FRANKLIN STE 8CAddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77002ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
MARK ALLEN COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
ANN MARIE COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
ANGELA MARIE COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
JONATHAN MARK COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
ALLEN MICHAEL COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
WILLIAM RANDALL COVER
915 FRANKLIN ST 8-CHOUSTONTX77002DIRECTOR0.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1SUPPORT RELIGIOUS AND MISSIONARY ORGANIZATIONS AND OTHERS ORGANIZATIONS THAT REPRESENT THESE VALUES. SUPPORTED 13 CHURCH AND MISSIONARY ORGANIZATIONSDescription1
Expenses10Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances50593AvgMonthlyCashBalances
FMV All Other Noncharitable Assets21006FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets71599TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets71599AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1074CashDeemedCharitable
Net Noncharitable Assets70525NetNoncharitableAssets
Minimum Investment Return3526MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return3526MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj3526DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded3526DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted3526DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions159320ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions159320QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions159320AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted3526DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year227755ExcessDistriCarryoverYear2
Excess Distri Carryover Year1584339ExcessDistriCarryoverYear1
Total Excess Distri Carryover612094TotalExcessDistriCarryover
Qualifying Distributions159320QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year3526AppliedToCurrentYear
Remaining Distri From Corpus155794RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus767888TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year767888ExcessDistriCyovToNextYear
Excess From Year227755ExcessFromYear2
Excess From Year1584339ExcessFromYear1
Excess From Current Year155794ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
BAPTIST INTERNATIONAL MISSIONS INC
PO BOX 9215CHATTANOOGATN374120215N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$2,500
BAPTIST MID MISSIONS
PO BOX 308011CLEVELANDOH441308011N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$2,100
BJU CAMPUS SPACES
PO BOX 34555GREENVILLESC29614N/AUNIVERSITYDORMITORIES$100,000
CHRISTIAN WAY MISSIONS INC
204 GRIFFIN DRGREENVILLESC296094067N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$11,900
GREENWOOD VILLAGE CHURCH
20300 CYPRESSWOOD DRHUMBLETX77338N/ACHURCHGENERAL OPERATIONAL EXPENSE$24,000
LA ESPADA
PO BOX 1360MISSIONTX785731360N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$11,920
NEW TRIBES MISSION
PO BOX 1787SANFORDFL32772N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSIONARIES$1,100
WORLD WIDE NEW TESTAMENT BAPTIST MISSION
PO DRAWER 725KINGS MOUNTAINNC28086N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSIONARIES$1,200
BOB JONES UNIVERSITY
1700 WADE HAMPTON BLVDGREENVILLESC29614N/AUNIVERSITYANNUAL OPERATING AND BIBLE CONFERENCE$1,500
SAUK TRAIL BAPTIST CHUARCH
4411 SAUK TRAIL PO BOX 347GREENVILLESC29614CHURCHGENERAL OPERATING EXPENSE$200
DEMONTRATIVE NEED SCHOLARSHIP FUND
BOX 34555GREENVILLESC29614COLLEGE SCHOLARSHIPCOLLEGE SCHOLARHIPS$500
ANTIOCH NEW TESTAMENT BAPTIST MISSION
PO BOX 144ELKTONMD21922RELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSIONARIES$1,200
GOSPEL FELLOWSHIP ASSOCIATION
1809 WADE HAMPTON BLVD STE 110GREENVILLESC296094067RELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSIONARIES$1,200
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year159320TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$0ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA0TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualMARK ANN MARIE COVERContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1915 FRANKLIN 8-CAddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77002ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions161120AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING TAX PREPCategory
Amount$2,775Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionFEDERAL INCOME TAX ON SAVINGS INTERESTDescription
Amount$14Amount

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameMARK A AND ANN MARIE COVERPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 FRANKLIN ST UNIT 8CAddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77002ZIPCode

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