HOUGHTON FAMILY FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- HOUGHTON FAMILY FOUNDATION (EIN 87-2366915)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-04-23
- IRS object ID
- 202611139349100021
- Schema version
- 2025v4.0
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-23T12:10:33-04:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470589915 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMGL PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1407 | AddressLine1Txt |
| City | GRAND ISLAND | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 688021407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 872366915 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUGHTON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOUG | BusinessNameControlTxt |
| Phone | 3083407632 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 SOLOMON LANE | AddressLine1Txt |
| City | TIPTON | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67485 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA HOUGHTON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3083407632 | PhoneNum |
| Signature | 2026-04-23 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARCY J LUTH CPA | PreparerPersonNm |
| PTIN | P00078547 | PTIN |
| Phone | 3083811810 | PhoneNum |
| Preparation | 2026-04-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,330,718 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $482,964 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $75,057 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $75,057 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $158,572 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $158,572 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $101,327 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $38,233 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,505,563 | GrossSalesPriceAmt |
| Total Rev And Expnss | $754,826 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $233,629 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,050 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,050 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $30,235 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,235 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $7,988 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $7,988 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $44,353 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $44,316 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $83,626 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $83,589 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $359,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $359,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $442,626 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $83,589 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $359,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $312,200 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $150,040 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $64,167 | CashBOYAmt |
| Cash EOY | $74,498 | CashEOYAmt |
| Cash EOYFMV | $74,498 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,723,205 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,033,062 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,124,575 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,136,645 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,623 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,115,010 | LandBOYAmt |
| Land EOY | $4,107,022 | LandEOYAmt |
| Land EOYFMV | $4,131,645 | LandEOYFMVAmt |
| Total Assets BOY | $5,902,382 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,214,582 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,330,718 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,902,382 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,214,582 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,902,382 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,214,582 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,902,382 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,214,582 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,902,382 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $312,200 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,214,582 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,214,582 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,086 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,086 | SubtotalAmt |
| Tax Based On Investment Income | $2,086 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,680 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,680 | TotalPaymentsAndCreditsAmt |
| Tax Due | $406 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PATRICIA HOUGHTON | IndividualWithBooksNm |
| Phone | 3083407632 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2108 WEST 3RD STREET | AddressLine1Txt |
| City | MCCOOK | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PATRICIA HOUGHTON | ||||||||
| 2108 WEST 3RD STREET | MCCOOK | NE | 69001 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| KEITH HOUGHTON DECEASED 81725 | ||||||||
| 655 SOLOMON LANE | TIPTON | KS | 67485 | VICE PRES | 1.00 | $0 | $0 | $0 |
| DEBRA HOUGHTON | ||||||||
| 655 SOLOMON LANE | TIPTON | KS | 67485 | SEC/TREAS | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,069,218 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $35,033 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,131,645 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,235,896 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $6,235,896 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $93,538 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,142,358 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $307,118 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $307,118 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,086 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,086 | TotalTaxAmt |
| Distributable Before Adj | $305,032 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $305,032 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $305,032 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $359,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $359,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $305,032 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $287,033 | UndistributedIncomePYAmt |
| Qualifying Distributions | $359,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $287,033 | AppliedToYear1Amt |
| Applied To Current Year | $71,967 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $233,065 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PATRICIA HOUGHTON | ContributingManagerNm |
| Contributing Manager | KEITH DEBRA HOUGHTON | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PATRICIA HOUGHTON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 SOLOMAN LANE | AddressLine1Txt |
| City | TIPTON | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67485 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3083407632 | RecipientPhoneNum |
| Recipient Email Address | PLH@OCSMCCOOK.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | WRITTEN APPLICATION WITH APPROPRIATE DOCUMENTATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS MADE TO TAX-EXEMPT ORGANIZATIONS AS DEFINED IN IRC SECTION 501(C)(3). | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIPTON COMMUNITY FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 W IRON AVE 8TH FLOOR | AddressLine1Txt |
| City | SALINA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusCd |
| Grant Or Contribution Purpose | TIPTON SPORTS & ARTS COMPLEX | GrantOrContributionPurposeTxt |
| Amt | $359,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $359,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $75,057 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $101,327 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $38,233 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $101,327 | ExclusionAmt |
| Related Or Exempt Function Incm | $113,290 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $214,617 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| PATRICIA HOUGHTON | |||||||
| 1 | 2108 WEST 3RD ST | MCCOOK | NE | 69001 | $432,514 | Yes (X) | Yes (X) |
| KEITH DEBRA HOUGHTON | |||||||
| 2 | 655 SOLOMON LANE | TIPTON | KS | 67485 | $50,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | FT LOW DUR OPPTYS - 8,100 SHARES | NoncashPropertyDesc |
| Fair Market Value | $393,741 | FairMarketValueAmt |
| Received | 2025-01-07 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $1,050 | Amt |
| Net Investment Income | $1,050 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PICKUP & BLADE | PropertyDesc |
| Acquired | 2023-01-01 | AcquiredDt |
| Cost Or Other Basis | $41,605 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $21,635 | PriorYearDepreciationAmt |
| Computation Method | 200DB | ComputationMethodTxt |
| Life | 5.0000 | LifeRt |
| Current Year Expense | $7,988 | CurrentYearExpenseAmt |
| Net Investment Income | $7,988 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| LPL INVESTMENTS | 2025-02 | PURCHASE | 2025-10 | $1,105,753 | $1,104,829 | $924 |
| FT LC DP BUF 20 53 FECA | 2024-03 | PURCHASE | 2025-06 | $287,310 | $250,001 | $37,309 |
| FHLB BOND | 2023-07 | PURCHASE | 2025-07 | $112,500 | $112,500 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | LPL FINANCIAL | StockNm |
| EOY Book Value | $2,033,062 | EOYBookValueAmt |
| EOYFMV | $2,124,575 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| PICKUP & BLADE | $41,605 | $29,623 | $11,982 | $36,605 |
| GRASS LAND (721.03 ACRES) | $4,095,040 | $4,095,040 | $4,095,040 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FARM GROUND & FACILITIES | ||
| PROPERTY INSURANCE | $14,431 | $14,431 |
| CHEMICALS/PASTURE SPRAYING | $7,151 | $7,151 |
| REPAIRS | $786 | $786 |
| EXPENSES | ||
| INVESTMENT FEES | $20,948 | $20,948 |
| D&O INSURANCE | $1,000 | $1,000 |
| ESTIMATED TAX PENALTY | $37 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $3,346 | $3,346 |
| FARM GROUND & FACILITIES | $26,889 | $26,889 |
Comments