INSPIRATION CHARITABLE FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
INSPIRATION CHARITABLE FOUNDATION (EIN 26-4223774)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-11-14
IRS object ID
201113189349100516
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-11-14T09:36:05-06:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1NULL-LAIRSON PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12277 PLAZA DRIVE STE 260AddressLine1
CitySUGAR LANDCity
StateTXState
ZIP Code77479ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

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 Signed2011-11-10DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone2812428600Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY23614FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss490620ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss1354InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm1354InterestOnSavingsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses491974TotalRevenueAndExpenses
Total Net Investment Income1354TotalNetInvestmentIncome
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 Expnss375AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps0AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss45OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm0OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss420TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss589170ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps589170ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss589590TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps589170TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-97616ExcessOfRevenueOverExpenses
Net Investment Income1354NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY5660CashBOY
Cash EOY2608CashEOY
Cash EOYFMV2608CashEOYFMV
Savings And Temp Cash Invst BOY100064SavingsAndTempCashInvstBOY
Other Notes And Loans Receivable21006OtherNotesAndLoansReceivable
Allwnc For Dbtfl Acct Other Rcvbl0AllwncForDbtflAcctOtherRcvbl
Other Notes And Loans Rcvbl BOY15506OtherNotesAndLoansRcvblBOY
Other Notes And Loans Rcvbl EOY21006OtherNotesAndLoansRcvblEOY
Other Notes And Loans Rcvbl EOYFMV21006OtherNotesAndLoansRcvblEOYFMV
Total Assets BOY121230TotalAssetsBOY
Total Assets EOY23614TotalAssetsEOY
Total Assets EOYFMV23614TotalAssetsEOYFMV
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 BOY121230RetainedEarningsBOY
Retained Earnings EOY23614RetainedEarningsEOY
Total Net Assets BOY121230TotalNetAssetsBOY
Total Net Assets EOY23614TotalNetAssetsEOY
Total Liabilities Net Assets BOY121230TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY23614TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY121230TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-97616ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal23614Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY23614TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year131560QualifyingDistributionsYear1
Noncharitable Assets Year179361NoncharitableAssetsYear1
Distribution Ratio Year10.397676DistributionRatioYear1
Total Distribution Ratio0.397676TotalDistributionRatio
Average Distribution Ratio0.397676AverageDistributionRatio
Net Noncharitable Assets96899NetNoncharitableAssets
Adjusted Noncharitable Assets38534AdjustedNoncharitableAssets
One Percent Net Investment Income14OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One38548AdjNonchrtblAssetsAndOnePct
Qualifying Distributions589170QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax14InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal14Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income14TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due14TaxDue

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 Balances77369AvgMonthlyCashBalances
FMV All Other Noncharitable Assets21006FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets98375TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets98375AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable1476CashDeemedCharitable
Net Noncharitable Assets96899NetNoncharitableAssets
Minimum Investment Return4845MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return4845MinimumInvestmentReturn
Tax Based On Investment Income14TaxBasedOnInvestmentIncome
Total Tax14TotalTax
Distributable Amount Before Adj4831DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded4831DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted4831DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions589170ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions589170QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm14OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions589156AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted4831DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year127755ExcessDistriCarryoverYear1
Total Excess Distri Carryover27755TotalExcessDistriCarryover
Qualifying Distributions589170QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year4831AppliedToCurrentYear
Remaining Distri From Corpus584339RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus612094TotalCorpus
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 Year612094ExcessDistriCyovToNextYear
Excess From Year127755ExcessFromYear1
Excess From Current Year584339ExcessFromCurrentYear

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$2,400
BAPTIST MID MISSIONS
PO BOX 308011CLEVELANDOH441308011N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$2,100
LIBERTY INSTITUTE
2001 PLANO PARKWAY STE 1600PLANOTX75075N/A501(C)(3) NON PROFITGENERAL OPERATIONAL EXPENSE$15,000
GOSPEL FELLOWSHIP ASSOCIATION
1809 WADE HAMPTON BLVD STE 110GREENVILLESC296094067N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$1,200
GREENWOOD VILLAGE CHURCH
20300 CYPRESSWOOD DRHUMBLETX77338N/ACHURCHGENERAL OPERATIONAL EXPENSE$57,150
LA ESPADA
PO BOX 1360MISSIONTX785731360N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$1,920
NEW TRIBES MISSION
PO BOX 1787SANFORDFL32772N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$600
CHRISTIAN WAY MISSIONS INC
204 GRIFFIN DRGREENVILLESC296094067N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$900
WORLD WIDE NEW TESTAMENT BAPTIST MISSION
PO DRAWER 725KINGS MOUNTAINNC28086N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$1,200
HERITAGE BAPTIST CHURCH
PO BOX 7925NEW YORKNY101167925N/ACHURCHGENERAL OPERATIONAL EXPENSE$500
ANTIOCH NEW TESTAMENT BAPTIST MISSION
PO BOX 144ELKTONMD21922N/ARELIGIOUS ORGANIZATIMONTHLY LIVING & MINISTRY EXPENSES INCURRED BY MISSI$1,200
BJU CAMPUS SPACES
PO BOX 34555GREENVILLESC29614N/AUNIVERSITYDORMITORIES$500,000
MEMORIAL HERMANN HOSPITAL STAMEN OGILVIE FUND
929 GESSNER STE 2650HOUSTONTX77024N/AHOSPITALSPINAL CORD INJURY RECOVERY REHABILITATION RESEARCH$5,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year589170TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,354ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$1,354ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA1354TotalPartXVIA

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 Contributions490620AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING TAX PREPCategory
Amount$375Amount
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionWIRE FEESDescription
Revenue And Expenses Per Books45RevenueAndExpensesPerBooks
Net Investment Income0NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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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