Civic Intelligence

Quail Valley Fund Inc

990 • Fiscal year 2018 • EIN 74-1707673

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 02, 2019

Organization ProfileWWW.QUAILVALLEYFUND.ORG
3603 Glenn Lakes LaneMissouri City, TX 77459

(281) 499-8371

Siviq Scores

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

Liabilities / Assets

76th percentile

0.30x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.56x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

27th percentile

-2.8%

Higher net margin than 27% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

1.3%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

3.7%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$2,730,753

Up $34,914 (+1.3%) from 2017

Net Assets

Down

$1,898,232

Down $40,725 (-2.1%) from 2017

Liabilities

Up

$832,521

Up $75,639 (+10.0%) from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin27th percentile

Revenue

Up

$1,474,530

Up $52,871 (+3.7%) from 2017

Expenses

Up

$1,515,255

Up $112,494 (+8.0%) from 2017

Net Income

Down

-$40,725

Down $59,623 (-315%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,885,935Liabilities 2011: $1,775,022Net Assets 2011: $2,110,9132011Assets 2012: $3,989,173Liabilities 2012: $1,737,121Net Assets 2012: $2,252,0522012Assets 2013: $4,012,208Liabilities 2013: $1,693,465Net Assets 2013: $2,318,7432013Assets 2014: $2,002,777Liabilities 2014: $909,768Net Assets 2014: $1,093,0092014Assets 2015: $3,100,199Liabilities 2015: $930,631Net Assets 2015: $2,169,5682015Assets 2016: $2,755,815Liabilities 2016: $835,756Net Assets 2016: $1,920,0592016Assets 2017: $2,695,839Liabilities 2017: $756,882Net Assets 2017: $1,938,9572017Assets 2018: $2,730,753Liabilities 2018: $832,521Net Assets 2018: $1,898,2322018Assets 2019: $2,574,086Liabilities 2019: $820,544Net Assets 2019: $1,753,5422019Assets 2020: $2,428,680Liabilities 2020: $528,298Net Assets 2020: $1,900,3822020Assets 2021: $2,399,824Liabilities 2021: $556,612Net Assets 2021: $1,843,2122021Assets 2022: $2,551,402Liabilities 2022: $572,659Net Assets 2022: $1,978,7432022Assets 2023: $2,701,668Liabilities 2023: $588,206Net Assets 2023: $2,113,4622023Assets 2024: $2,859,050Liabilities 2024: $602,436Net Assets 2024: $2,256,6142024

Highlighted filing

2018

Assets$2,730,753
Liabilities$832,521
Net Assets$1,898,232
Open 2018 Filing

Operations Trend

Revenue Growth53rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,104,6882011Expenses 2012: $1,190,0902012Revenue 2013: $1,296,893Expenses 2013: $1,206,596Net Income 2013: $90,2972013Revenue 2014: $1,330,218Expenses 2014: $1,347,556Net Income 2014: -$17,3382014Revenue 2015: $1,482,180Expenses 2015: $1,231,420Net Income 2015: $250,7602015Revenue 2016: $1,475,885Expenses 2016: $1,725,394Net Income 2016: -$249,5092016Revenue 2017: $1,421,659Expenses 2017: $1,402,761Net Income 2017: $18,8982017Revenue 2018: $1,474,530Expenses 2018: $1,515,255Net Income 2018: -$40,7252018Revenue 2019: $1,427,657Expenses 2019: $1,572,347Net Income 2019: -$144,6902019Revenue 2020: $1,513,899Expenses 2020: $1,367,059Net Income 2020: $146,8402020Revenue 2021: $1,464,996Expenses 2021: $1,522,166Net Income 2021: -$57,1702021Revenue 2022: $1,447,226Expenses 2022: $1,311,695Net Income 2022: $135,5312022Revenue 2023: $1,533,434Expenses 2023: $1,398,715Net Income 2023: $134,7192023Revenue 2024: $1,698,083Expenses 2024: $1,554,931Net Income 2024: $143,1522024

Highlighted filing

2018

Revenue$1,474,530
Expenses$1,515,255
Net Income-$40,725
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 2, 2019
Return Version
2018v3.1
Gross Receipts
$1,474,530
Mission and Program Overview

Mission

Provide maintenance and garbage collection services for property owners of 15 subdivisions

Maintain the community of quail valley

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,938,957$1,898,232▼ $40,725
Cash and Non-Interest-Bearing Accounts$560,796$826,769▲ $265,973
Land, Buildings, and Equipment, Net$790,261$767,808▼ $22,453
Savings and Temporary Cash Investments$899,900$704,880▼ $195,020
Accounts Receivable$444,552$431,296▼ $13,256
Prepaid Expenses and Deferred Charges$330--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,695,839$2,730,753▲ $34,914
Liabilities
Deferred Revenue$464,759$399,467▼ $65,292
Accounts Payable and Accrued Expenses$71,051$238,926▲ $167,875
Mortgage Notes Payable Secured by Investment Property$221,072$169,870▼ $51,202
Other Liabilities$0$24,258▲ $24,258
Total Liabilities$756,882$832,521▲ $75,639
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,938,957$1,898,232▼ $40,725
Total Liabilities and Net Assets / Fund Balance$2,695,839$2,730,753▲ $34,914

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$520,309$110,929$631,238
Land$240,310-$240,310
Other Land Buildings$7,189$61,588$68,777
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Kent ButlerPresident
Dillon DrakeVice-president
Allen OwenTrustee
Barbara ThompsonTrustee
Roderick LeeTrustee
Janet CalvinSecretary
Max MontegutTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,457,419
Investment Income
$17,111
Other Revenue
$0
Change in Net Assets
$-40,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,474,530
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,474,530
Total Revenue per Form 990
$1,474,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,352,414
Salaries, Compensation, and Employee Benefits$162,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$174,886-$174,886
Other Salaries and Wages$162,841--$162,841
All Other Expenses$111,642$8,645-$120,287
Fees for Services Management-$94,798-$94,798
Other Expenses$40,055--$40,055
Office Expenses-$37,177-$37,177
Insurance-$29,958-$29,958
Depreciation Depletion$22,453--$22,453
Interest-$9,891-$9,891
Total Functional Expenses$1,159,900$355,355$0$1,515,255

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,515,255
Total Expenses per Audited Statements$1,515,255
Total Expenses per Form 990$1,515,255
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$24,258
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The fund has contracted with crest management company as its management company for its ongoing operations and accounting and has no employees of its own.”

Form 990, Part VI, Section A, Line 6

“The organization's board of directors are all members who make governance decisions on behalf of the organization.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is initially reviewed by the president and final review is by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies and financial statements are all available for public inspection upon request. Deed restrictions by subdivision are available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Quail Valley Fund Inc
EIN
74-1707673
Phone
2814998371
Address
3603 GLENN LAKES LANE, MISSOURI CITY, TX 77459

Signing Officer

Name
Kent Butler
Title
President
Phone
2814998371
Signed
2019-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kent Butler
Formed
1969
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Robert J Fumagalli Pc
Address
9977 W SAM HOUSTON PKWY N 150, HOUSTON, TX 77064
Preparer
Robert J Fumagalli
Phone
2814779100
Raw XML Appendix364 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt071051
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0238926
IRS990/AccountsReceivableGrp/BOYAmt0444552
IRS990/AccountsReceivableGrp/EOYAmt0431296
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MAINTAIN THE COMMUNITY OF QUAIL VALLEY
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08645
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0111642
IRS990/AllOtherExpensesGrp/TotalAmt0120287
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CREST MANAGEMENT COMPANY
IRS990/BooksInCareOfDetail/PhoneNum02815790761
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt017171 PARK ROW SUITE 310
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077084
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0560796
IRS990/CashNonInterestBearingGrp/EOYAmt0826769
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017111
IRS990/CYOtherExpensesAmt01352414
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01457419
IRS990/CYRevenuesLessExpensesAmt0-40725
IRS990/CYSalariesCompEmpBnftPaidAmt0162841
IRS990/CYTotalExpensesAmt01515255
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01474530
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0464759
IRS990/DeferredRevenueGrp/EOYAmt0399467
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022453
IRS990/DepreciationDepletionGrp/TotalAmt022453
IRS990/Desc0PROVIDE MAINTENANCE AND REPAIR OF PUBLIC AREAS AND TRASH REMOVAL FOR THE COMMUNITY OF QUAIL VALLEY WITHIN MISSOURI CITY, TEXAS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01159900
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0174886
IRS990/FeesForServicesLegalGrp/TotalAmt0174886
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt094798
IRS990/FeesForServicesManagementGrp/TotalAmt094798
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0KENT BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DILLON DRAKE
IRS990/Form990PartVIISectionAGrp/PersonNm2MAX MONTEGUT
IRS990/Form990PartVIISectionAGrp/PersonNm3JANET CALVIN
IRS990/Form990PartVIISectionAGrp/PersonNm4BARBARA THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm5RODERICK LEE
IRS990/Form990PartVIISectionAGrp/PersonNm6ALLEN OWEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01474530
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt029958
IRS990/InsuranceGrp/TotalAmt029958
IRS990/InterestGrp/ManagementAndGeneralAmt09891
IRS990/InterestGrp/TotalAmt09891
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt017111
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017111
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0172517
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0790261
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0767808
IRS990/LandBldgEquipCostOrOtherBssAmt0940325
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE MAINTENANCE AND GARBAGE COLLECTION SERVICES FOR PROPERTY OWNERS OF 15 SUBDIVISIONS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0221072
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0169870
IRS990/NetAssetsOrFundBalancesBOYAmt01938957
IRS990/NetAssetsOrFundBalancesEOYAmt01898232
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt037177
IRS990/OfficeExpensesGrp/TotalAmt037177
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TRASH SERVICES
IRS990/OtherExpensesGrp/Desc1LANDSCAPING MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CAPITAL IMPROVEMENTS
IRS990/OtherExpensesGrp/Desc3SOCIAL EVENTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0475338
IRS990/OtherExpensesGrp/ProgramServicesAmt1181784
IRS990/OtherExpensesGrp/ProgramServicesAmt2165787
IRS990/OtherExpensesGrp/ProgramServicesAmt340055
IRS990/OtherExpensesGrp/TotalAmt0475338
IRS990/OtherExpensesGrp/TotalAmt1181784
IRS990/OtherExpensesGrp/TotalAmt2165787
IRS990/OtherExpensesGrp/TotalAmt340055
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt024258
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0162841
IRS990/OtherSalariesAndWagesGrp/TotalAmt0162841
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0330
IRS990/PrincipalOfficerNm0KENT BUTLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL ASSESMENTS
IRS990/ProgramServiceRevenueGrp/Desc1LEGAL COLLECTION BILL
IRS990/ProgramServiceRevenueGrp/Desc2OTHER FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01275842
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1127289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt254288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01275842
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1127289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt254288
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015289
IRS990/PYOtherExpensesAmt01283471
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01406370
IRS990/PYRevenuesLessExpensesAmt018898
IRS990/PYSalariesCompEmpBnftPaidAmt0119290
IRS990/PYTotalExpensesAmt01402761
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01421659
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-40725
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01474530
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01938957
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01898232
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0899900
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0704880
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0520309
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0110929
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0631238
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01515255
IRS990ScheduleD/LandGrp/BookValueAmt0240310
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0240310
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07189
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061588
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt068777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01474530
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0767808
IRS990ScheduleD/TotalExpensesPerForm990Amt01515255
IRS990ScheduleD/TotalLiabilityAmt024258
IRS990ScheduleD/TotalRevenuePerForm990Amt01474530
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01474530
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01515255
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FUND HAS CONTRACTED WITH CREST MANAGEMENT COMPANY AS ITS MANAGEMENT COMPANY FOR ITS ONGOING OPERATIONS AND ACCOUNTING AND HAS NO EMPLOYEES OF ITS OWN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD OF DIRECTORS ARE ALL MEMBERS WHO MAKE GOVERNANCE DECISIONS ON BEHALF OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS INITIALLY REVIEWED BY THE PRESIDENT AND FINAL REVIEW IS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE ALL AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. DEED RESTRICTIONS BY SUBDIVISION ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02695839
IRS990/TotalAssetsEOYAmt02730753
IRS990/TotalAssetsGrp/BOYAmt02695839
IRS990/TotalAssetsGrp/EOYAmt02730753
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0355355
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01159900
IRS990/TotalFunctionalExpensesGrp/TotalAmt01515255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0756882
IRS990/TotalLiabilitiesEOYAmt0832521
IRS990/TotalLiabilitiesGrp/BOYAmt0756882
IRS990/TotalLiabilitiesGrp/EOYAmt0832521
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01938957
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01898232
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01159900
IRS990/TotalProgramServiceRevenueAmt01457419
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01474530
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01474530
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02695839
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02730753
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03603 GLENN LAKES LANE
IRS990/USAddress/CityNm0MISSOURI CITY
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077459
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.QUAILVALLEYFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT BUTLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02814998371
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUAIL VALLEY FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0QUAI
ReturnHeader/Filer/EIN0741707673
ReturnHeader/Filer/PhoneNum02814998371
ReturnHeader/Filer/USAddress/AddressLine1Txt03603 GLENN LAKES LANE
ReturnHeader/Filer/USAddress/CityNm0MISSOURI CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077459
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C0298ED7598C997E46C2BB52D7F4BD6420FD5B1D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId061E18062F59AC58FFA64DE0B81E1FCD3EAB76C1F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.148.239.225
ReturnHeader/FilingSecurityInformation/IPDt02019-11-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:54:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760440373
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT J FUMAGALLI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09977 W SAM HOUSTON PKWY N 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077064
ReturnHeader/PreparerPersonGrp/PhoneNum02814779100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT J FUMAGALLI
ReturnHeader/ReturnTs02019-11-06T10:14:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,730,753
Liabilities
$832,521
Net assets
$1,898,232
Revenue
$1,474,530
Expenses
$1,515,255
Net income
-$40,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.86$0.60$2.26$1.70$1.55$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.70$0.59$2.11$1.53$1.40$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.55$0.57$1.98$1.45$1.31$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.40$0.56$1.84$1.46$1.52$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.43$0.53$1.90$1.51$1.37$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.57$0.82$1.75$1.43$1.57$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.73$0.83$1.90$1.47$1.52$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.70$0.76$1.94$1.42$1.40$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.84$1.92$1.48$1.73$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.10$0.93$2.17$1.48$1.23$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.91$1.09$1.33$1.35$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.01$1.69$2.32$1.30$1.21$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$1.74$2.25$1.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$1.78$2.11$1.10