BAKER FOUNDATION OF BURLESON INC: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BAKER FOUNDATION OF BURLESON INC (EIN 75-2739558)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-15
- IRS object ID
- 201122279349101117
- Schema version
- 2010v3.2
- 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
- Accounting Fees Schedule
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-15T16:51:05-07:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RASCO RASCO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST STE 100 | AddressLine1 |
| City | BURLESON | City |
| State | TX | State |
| ZIP Code | 76028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752739558 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER FOUNDATION OF BURLESON INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BAKE | NameControl |
| Phone | 8172952202 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS ST | AddressLine1 |
| City | BURLESON | City |
| State | TX | State |
| ZIP Code | 76028 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HAROLD BOOTH | Name |
| Title | VP | Title |
| Phone | 8172952202 | Phone |
| Date Signed | 2011-08-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NANCY BURT | Name |
| Phone | 8172952202 | Phone |
| Date Prepared | 2011-08-15 | 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 | 2568936 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
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 | 810 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 810 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 48376 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 48376 | DividendsNetInvstIncm |
| Gross Rents Rev And Expnss | 70810 | GrossRentsRevAndExpnss |
| Net Rental Income Or Loss | -30531 | NetRentalIncomeOrLoss |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 119996 | TotalRevenueAndExpenses |
| Total Net Investment Income | 49186 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 9321 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 9321 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 31066 | TaxesRevAndExpnss |
| Taxes Dsbrs Chrtbl Prps | 31066 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 14477 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 56907 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 56907 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 111771 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 97294 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 8675 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 8675 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 120446 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 105969 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -450 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 49186 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 834050 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1141595 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1141595 | SavingsAndTempCashInvstEOYFMV |
| Investments Other BOY | 850159 | InvestmentsOtherBOY |
| Investments Other EOY | 550341 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 550341 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 917325 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 40324 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 885501 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 877001 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 877000 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 2569710 | TotalAssetsBOY |
| Total Assets EOY | 2568937 | TotalAssetsEOY |
| Total Assets EOYFMV | 2568936 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 1330 | AccountsPayableBOY |
| Accounts Payable EOY | 1007 | AccountsPayableEOY |
| Total Liabilities BOY | 1330 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1007 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 2568380 | RetainedEarningsBOY |
| Retained Earnings EOY | 2567930 | RetainedEarningsEOY |
| Total Net Assets BOY | 2568380 | TotalNetAssetsBOY |
| Total Net Assets EOY | 2567930 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2569710 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 2568937 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 2568380 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -450 | ExcessOfRevenueOverExpenses |
| Subtotal | 2567930 | Subtotal |
| Total Net Assets Fund Balances EOY | 2567930 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Adj Nonchrtbl Assets And One | 0 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 0 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 984 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 984 | Subtotal |
| Tax Based On Investment Income | 984 | TaxBasedOnInvestmentIncome |
| Tax Paid Original Return | 0 | TaxPaidOriginalReturn |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 23 | PenaltyForUnderpayment |
| Tax Due | 1007 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
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 |
| 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 | RASCO & RASCO PC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 8172952202 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS STE 100 | AddressLine1 |
| City | BURLESON | City |
| State | TX | State |
| ZIP Code | 76028 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| 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 |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
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 | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| HAROLD RAY BOOTH | ||||||||
| 12645 STEPHENSON LEVY RD | BURLESON | TX | 76028 | VP/SEC/DIR | 4.00 | 2500 | 0 | 0 |
| JEFFREY SCOTT RASCO | ||||||||
| 112 SW THOMAS STE 100 | BURLESON | TX | 76028 | PRES/TREAS/DIR | 1.00 | 0 | 0 | 0 |
| F STEVEN MCCLURE LAW ATTY | ||||||||
| 112 SW THOMAS | BURLESON | TX | 76028 | DIRECTOR | 0 | 0 | 0 | 0 |
| DOROTHY CARROLL | ||||||||
| 112 SW THOMAS | BURLESON | TX | 76028 | DIRECTOR | 0 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | BURLESON HERITAGE FOUNDATION | Description1 |
| Expenses1 | 3225 | Expenses1 |
| Description2 | LONGHORN COUNCIL BOY SCOUTS OF AMERICA | Description2 |
| Expenses2 | 2950 | Expenses2 |
| Description3 | BURLESON SENIOR CITIZENS CENTER | Description3 |
| Expenses3 | 1000 | Expenses3 |
| Description4 | ST PAULS CME CHURCH | Description4 |
| Expenses4 | 1000 | Expenses4 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1688073 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 701600 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 2389673 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 175400 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 2389673 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 143380 | CashDeemedCharitable |
| Net Noncharitable Assets | 2246293 | NetNoncharitableAssets |
| Minimum Investment Return | 112315 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 112315 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 984 | TaxBasedOnInvestmentIncome |
| Total Tax | 984 | TotalTax |
| Distributable Amount Before Adj | 111331 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 111331 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 111331 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 105969 | ExpensesAndContributions |
| Qualifying Distributions | 105969 | QualifyingDistributions |
| Adj Qualifying Distributions | 105969 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 111331 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 2329 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year3 | 7298 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 1663 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 3358 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 14648 | TotalExcessDistriCarryover |
| Qualifying Distributions | 105969 | QualifyingDistributions |
| Applied To Current Year | 105969 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 5362 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 5362 | ExcessDistriCyovAppliedCY |
| Total Corpus | 9286 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 9286 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 4265 | ExcessFromYear3 |
| Excess From Year2 | 1663 | ExcessFromYear2 |
| Excess From Year1 | 3358 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | BAKER FOUNDATION OF BURLESON INC | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 SW THOMAS STE 100 | AddressLine1 |
| City | BURLESON | City |
| State | TX | State |
| ZIP Code | 76028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 8172952202 | RecipientPhoneNumber |
| Form And Info And Materials | GENERAL CONTACT INFORMATION, DESCRIPTION OF NEED & BENEFIT TO COMMUNITY | FormAndInfoAndMaterials |
| Submission Deadlines | MAY 31 2010 | SubmissionDeadlines |
| Restrictions On Awards | LIMITED TO BURLESON TX & SURROUNDING AREAS & THE BENEFIT THEREOF | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (5 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| BURLESON HERITAGE FOUNDATION | ||||||
| 124 W ELLISON | BURLESON | TX | 76028 | LOCALORG | OF BURLESONPRESERVATIONHERITAGE | $3,225 |
| LONGHORN BOY SCOUTS OF AMERICA | ||||||
| PO BOX 54190 | HURST | TX | 76054 | LOCALORG | WELFARE OFPROMOTEBURLESON YOUTH | $2,950 |
| BURLESON SENIOR CITIZENS CENTER | ||||||
| 216 SW JOHNSON | BURLESON | TX | 76028 | LOCALORG | WELFARE OFPROMOTEBURLESON SENIORS | $1,000 |
| ST PAULS CME CHURCH | ||||||
| 507 ROYAL ST | CLEBURNE | TX | 76031 | LOCALCHURCH | HELP BLDG CHURCH FROMREQUEST FORPAST EMPLOYEE OF FOUNDER | $1,000 |
| BURLESON OPPORTUNITY FUND | ||||||
| 141 W RENFRO | BURLESON | TX | 76028 | LOCALORG | FOR LOCAL HIGHSCHOLARSHIPSSCHOOL GRADUATES | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 8675 | 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 | $810 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $48,376 | ExclusionAmount |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $70,809 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $119,995 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 119995 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | R&R PC ACCOUNTING & TAX | Category |
| Amount | $9,321 | Amount |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | REASONABLE CASH BALANCE NECESSARY TO COVER CURRENT ADMIN | Explanation |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (8 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense |
|---|---|---|---|---|---|---|
| 100 S DOBSON | 2007-12-15 | 75070 | 1160 | SL | 39.00 | 568 |
| 109 E ELLISON | 2007-12-15 | 236324 | 11017 | SL | 39.00 | 5396 |
| 122 W ELLISON | 2007-12-15 | 151494 | 6719 | SL | 39.00 | 3291 |
| 114 S MAIN | 2007-12-15 | 80587 | 3304 | SL | 39.00 | 1618 |
| 100 S DOBSON FLOORING | 2008-07-23 | 25501 | 2550 | SL | 15.00 | 1700 |
| 100 S DOBSON IMPRVMT | 2008-07-23 | 25501 | 954 | SL | 39.00 | 654 |
| 114 S MAIN AC HEAT SYSTEM | 2009-12-15 | 8000 | 143 | SL | 7.00 | 1143 |
| 122 W ELLISON AWNINGS | 2010-11-22 | 5977 | SL | 7.00 | 107 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CDARS INVESTMENTS | CategoryOrItem |
| Book Value | 550341 | BookValue |
| EOYFMV | 550341 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| RENTAL PROPERTY INSURANCE | 9773 | 9773 |
| RENTAL PROPERTY MANAGEMENT | 8485 | 8485 |
| RENTAL PROPERTY REPAIR & MAINTENANCE | 32111 | 32111 |
| RENTAL PROPERTY UTILITIES | 6436 | 6436 |
| ADVERTISING | 102 | 102 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | REAL ESTATE VALUE IN DECLINE | Explanation |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| RENTAL PROPERTY REAL ESTATE TAXES | $30,059 | 30059 |
| ACCRUED EXISE TAX | $1,007 | 1007 |
Comments