Civic Intelligence

Joseph Francis Wallace Trust

990PF • Fiscal year 2018 • EIN 71-6157075

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

C/O Gibbs Ferguson 209 West Oak StMcGehee, AR 71654

(870) 222-6660

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Source year 2018

Net Margin

22nd percentile

-8.4%

Higher net margin than 22% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

29th percentile

$2,400

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2018 filings • $5M-$10M nonprofits • Source year 2018

Asset Growth

41st percentile

-0.4%

Faster asset growth than 41% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-12%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,456,152

Down $26,104 (-0.4%) from 2017

Net Assets

Down

$6,456,151

Down $26,105 (-0.4%) from 2017

Liabilities

Up

$1

Up $1 from 2017

Revenue

Down

$310,539

Down $43,423 (-12%) from 2017

Expenses

Up

$336,643

Up $10,220 (+3.1%) from 2017

Net Income

Down

-$26,104

Down $53,643 (-195%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,379,374Liabilities 2011: $02011Assets 2012: $2,603,298Liabilities 2012: $02012Assets 2013: $2,545,521Liabilities 2013: $02013Assets 2014: $5,778,518Liabilities 2014: $1Net Assets 2014: $5,778,5172014Assets 2015: $6,477,932Liabilities 2015: $0Net Assets 2015: $6,477,9322015Assets 2016: $6,454,716Liabilities 2016: $0Net Assets 2016: $6,454,7162016Assets 2017: $6,482,256Liabilities 2017: $0Net Assets 2017: $6,482,2562017Assets 2018: $6,456,152Liabilities 2018: $1Net Assets 2018: $6,456,1512018Assets 2019: $6,447,175Liabilities 2019: $0Net Assets 2019: $6,447,1752019Assets 2020: $6,449,739Liabilities 2020: $0Net Assets 2020: $6,449,7392020Assets 2021: $6,435,054Liabilities 2021: $0Net Assets 2021: $6,435,0542021Assets 2022: $6,426,397Liabilities 2022: $0Net Assets 2022: $6,426,3972022Assets 2023: $6,411,528Liabilities 2023: $0Net Assets 2023: $6,411,5282023Assets 2024: $6,402,330Liabilities 2024: $1Net Assets 2024: $6,402,3292024

Highlighted filing

2018

Assets$6,456,152
Liabilities$1
Net Assets$6,456,151

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $333,813Expenses 2011: $133,987Net Income 2011: $199,8262011Revenue 2012: $399,308Expenses 2012: $175,384Net Income 2012: $223,9242012Revenue 2013: $244,160Expenses 2013: $301,938Net Income 2013: -$57,7782013Revenue 2014: $3,562,624Expenses 2014: $329,628Net Income 2014: $3,232,9962014Revenue 2015: $1,026,599Expenses 2015: $327,183Net Income 2015: $699,4162015Revenue 2016: $305,494Expenses 2016: $328,711Net Income 2016: -$23,2172016Revenue 2017: $353,962Expenses 2017: $326,423Net Income 2017: $27,5392017Revenue 2018: $310,539Expenses 2018: $336,643Net Income 2018: -$26,1042018Revenue 2019: $323,109Expenses 2019: $332,085Net Income 2019: -$8,9762019Revenue 2020: $324,899Expenses 2020: $322,335Net Income 2020: $2,5642020Revenue 2021: $322,908Expenses 2021: $337,593Net Income 2021: -$14,6852021Revenue 2022: $323,703Expenses 2022: $332,360Net Income 2022: -$8,6572022Revenue 2023: $332,765Expenses 2023: $347,633Net Income 2023: -$14,8682023Revenue 2024: $330,015Expenses 2024: $339,214Net Income 2024: -$9,1992024

Highlighted filing

2018

Revenue$310,539
Expenses$336,643
Net Income-$26,104
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert LuckyTrustee-$2,400-$2,400
James KelleyTrustee-$2,400-$2,400
Gibbs FergusonTrusteePT$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid Grant-Scholarships/CharitableP.F.McGehee, AR, US$294,442
Filing and Contact Details

Filer

Filer Name
Joseph Francis Wallace Trust
EIN
71-6157075
Phone
8702226660
Address
C/O Gibbs Ferguson 209 West Oak St, McGehee, AR 71654

Signing Officer

Name
Gibbs Ferguson
Title
Trustee
Signed
2019-05-14
Discuss with paid preparer
Yes

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Cynthia R Montgomery
Phone
8702226005
Raw XML Appendix368 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt00
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt10
AccountingFeesSchedule/AccountingFeesDetail/Amt02603
AccountingFeesSchedule/AccountingFeesDetail/Amt11875
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0Bookkeeping fees
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt1Tax preparation fees
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt00
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt11875
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt02603
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt10
CashDeemedCharitableExplnStmt/ShortExplanationTxt0Cash required to be distributed for charitable purposes by the end of 2019.
InvestmentsLandSchedule2/InvestmentLandGrp/AccumulatedDepreciationAmt018661
InvestmentsLandSchedule2/InvestmentLandGrp/AccumulatedDepreciationAmt127194
InvestmentsLandSchedule2/InvestmentLandGrp/AccumulatedDepreciationAmt235944
InvestmentsLandSchedule2/InvestmentLandGrp/AccumulatedDepreciationAmt336991
InvestmentsLandSchedule2/InvestmentLandGrp/BookValueAmt04909
InvestmentsLandSchedule2/InvestmentLandGrp/BookValueAmt11649
InvestmentsLandSchedule2/InvestmentLandGrp/BookValueAmt2167761
InvestmentsLandSchedule2/InvestmentLandGrp/BookValueAmt311382
InvestmentsLandSchedule2/InvestmentLandGrp/BookValueAmt4622
InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt0Auto./Transportation Equip.
InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt1Machinery and Equipment
InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt2Buildings
InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt3Improvements
InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt4Land
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt023570
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt128843
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt2203705
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt348373
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt4622
InvestmentsLandSchedule2/InvestmentLandGrp/EOYFMVAmt017603
InvestmentsLandSchedule2/InvestmentLandGrp/EOYFMVAmt11649
InvestmentsLandSchedule2/InvestmentLandGrp/EOYFMVAmt2167761
InvestmentsLandSchedule2/InvestmentLandGrp/EOYFMVAmt311382
InvestmentsLandSchedule2/InvestmentLandGrp/EOYFMVAmt42700
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt07353
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0-9509
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd01
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt0312559
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0Form 4835
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt0136
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd016
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0310539
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0310539
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt01875
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt02603
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt04478
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt0319912
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt04800
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt04800
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0294442
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0294442
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt010445
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt010445
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt07353
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt07353
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt07353
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-26104
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt024000
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt0312559
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt0312559
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt0312559
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt02400
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt04800
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt07200
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0-9509
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0286922
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt014704
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt014704
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt0136
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0136
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt0574
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt0574
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0319912
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0303517
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt033126
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0336643
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0320048
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0310539
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt09075
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt033126
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt042201
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02013-10-02
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt033509
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0-9509
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0-9509
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt024000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0400 FNB stock
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02018-02-27
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0-9509
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-26104
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt01
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt06456152
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt06482256
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt06456151
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0303357
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0303357
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0303357
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0306226
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt02869
IRS990PF/DistributableAmountGrp/TotalTaxAmt02869
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0731
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/DomesticOrgMeetingSect4940eInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt03600
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt02869
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0731
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt02869
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt02869
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt03600
IRS990PF/FMVAssetsEOYAmt06415076
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt01477
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblBOYAmt01477
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt01477
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0228005
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0193108
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0138737
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandAccumDepreciationAmt0118790
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandCostOrOtherBasisAmt0305113
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsBOYAmt0196767
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt0186323
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYFMVAmt0201095
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsSFAS117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0316
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt0315
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt0315
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt01
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblAmt05746000
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblBOYAmt05746000
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt05746000
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYFMVAmt05746000
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0309691
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt0328929
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt0328929
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt06482256
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt06456152
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt06415076
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt01
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt06482256
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt06456152
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt06482256
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt06456151
IRS990PF/Form990PFBalanceSheetsGrp/UnrestrictedBOYAmt06482256
IRS990PF/Form990PFBalanceSheetsGrp/UnrestrictedEOYAmt06456151
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt06424529
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0336283
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0140836
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0300000
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt05947410
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0306226
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt06124529
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt06424529
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt12400
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt22400
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Gibbs Ferguson
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Robert Lucky
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2James Kelley
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Trustee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Trustee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2Trustee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0209 W Oak Street
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt115 Moss Drive
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt230 Wolfe Drive
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0McGehee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1McGehee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2McGehee
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0AR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1AR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2AR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd071654
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd171654
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd271654
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNetVlNoncharitableAssetsAmt0253072
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNonchrtblNetInvstIncmPctAmt0255941
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr1Amt0305864
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr2Amt0289579
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr3Amt0268548
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr4Amt0277806
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr5Amt0136820
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AverageDistributionRt00.041321
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr1Rt00.04991
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr2Rt00.04644
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr3Rt00.04272
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr4Rt00.04579
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr5Rt00.02175
IRS990PF/QlfyUndSect4940eReducedTaxGrp/LiableSection4942TaxInd0false
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetInvestmentIncomePctAmt02869
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsAmt06124529
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr1Amt06128140
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr2Amt06235778
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr3Amt06286670
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr4Amt06067119
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr5Amt06289900
IRS990PF/QlfyUndSect4940eReducedTaxGrp/QualifyingDistributionsAmt0303517
IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt00.206607
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt0300648
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0303517
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt02869
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0303517
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/ExcessBusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProceedsOrNetIncomeInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0false
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0202 W Lynn
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0McGehee
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0AR
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd071654
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0AR
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Montgomery Firm
IRS990PF/StatementsRegardingActyGrp/PhoneNum08702226005
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0WALLACE TRUST FOUNDATION-CONTRIBUTIONS TO THE WALLACE TRUST FOUNDATION WERE USED TO PROVIDE FOR THE EDUCATIONAL EXPENSES OF STUDENTS, ASSISTANCE FOR INDIVIDUALS WITH HARDSHIPS, AS WELL AS FUNDING FOR VARIOUS OTHER CHARITABLE ORGANIZATIONS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0294442
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0Applications should be in writing giving the applicant's name, address, telephone number and details why the applicant deserves consideration.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0Gibbs Ferguson
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08702226660
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0209 West Oak Street
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0McGehee
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0AR
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd071654
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0Scholarships and grants are limited to the education, maintenance, sustenance and rehabilitation of deserving people who are in need of assistance due to age, illness, disability, infirmity or adverse conditions and whose needs are not met through usual assistance from state or federal governments or from mainline charitable organizations.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0Applications are accepted at any time.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0294442
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Scholarships/Charitable
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0P.F.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0Wallace Trust Foundation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0209 W Oak Street
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0McGehee
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0AR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd071654
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0294442
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt010357
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0293160
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0303357
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0303517
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0293000
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0293160
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0Gibbs Ferguson, Attorney
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt02400
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt07200
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt04800
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0315
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0Utility deposit
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0315
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0315
OtherDecreasesSchedule/OtherDecreasesDetail/Amt01
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0Rounding
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Advertising
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Automotive
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Insurance
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Meeting
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4Office supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5Repairs & Maintenance
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6Supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt025
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt11086
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt24020
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt3174
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt440
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt58359
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt61000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt025
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11086
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt24020
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3174
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt440
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt58359
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt61000
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Form 4835
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0136
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0136
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Rounding
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt01
TaxesSchedule/TaxesDetail/Amt0268
TaxesSchedule/TaxesDetail/Amt1306
TaxesSchedule/TaxesDetail/CategoryTxt0Excise taxes
TaxesSchedule/TaxesDetail/CategoryTxt1Property taxes
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0268
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt1306
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gibbs Ferguson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Joseph Francis Wallace Trust
ReturnHeader/Filer/BusinessNameControlTxt0JOSE
ReturnHeader/Filer/EIN0716157075
ReturnHeader/Filer/PhoneNum08702226660
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O Gibbs Ferguson 209 West Oak St
ReturnHeader/Filer/USAddress/CityNm0McGehee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071654
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710765675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Montgomery Firm CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 West Lynn Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mc Gehee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071654
ReturnHeader/PreparerPersonGrp/PhoneNum08702226005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cynthia R Montgomery
ReturnHeader/ReturnTs02019-05-14T13:54:01-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$0.33$0.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.41$0.00$6.41$0.33$0.35$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.43$0.00$6.43$0.32$0.33$0.01
2021Detailed filing. Detailed filing data is available for this year.$6.44$0.00$6.44$0.32$0.34$0.01
2020Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.32$0.32$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.32$0.33$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.46$0.00$6.46$0.31$0.34$0.03
2017Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$0.35$0.33$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$0.31$0.33$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$1.03$0.33$0.70
2014Detailed filing. Detailed filing data is available for this year.$5.78$0.00$5.78$3.56$0.33$3.23
2013Summary only. Only limited summary data is available for this year.$2.55$0.00$0.24$0.30$0.06
2012Summary only. Only limited summary data is available for this year.$2.60$0.00$0.40$0.18$0.22
2011Summary only. Only limited summary data is available for this year.$2.38$0.00$0.33$0.13$0.20
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • $5M-$10M nonprofits