Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Assets
Up$1,663,293
Up $92,568 (+5.9%) from 2024
Net Assets
Up-$2,007,483
Up $269,006 (+12%) from 2024
Liabilities
Down$3,670,776
Down $176,438 (-4.6%) from 2024
Revenue
Up$1,375,252
Up $60,800 (+4.6%) from 2024
Expenses
Down$1,106,246
Down $67,917 (-5.8%) from 2024
Net Income
Up$269,006
Up $128,717 (+92%) from 2024
To provide low income housing for individuals in wichita falls, tx.
To provide low income housing for individuals in the wichita falls area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $706,041 | $798,887 | ▲ $92,846 |
| Savings and Temporary Cash Investments | $615,336 | $625,307 | ▲ $9,971 |
| Prepaid Expenses and Deferred Charges | $127,941 | $148,812 | ▲ $20,871 |
| Intangible Assets | $59,355 | $55,586 | ▼ $3,769 |
| Cash and Non-Interest-Bearing Accounts | $52,563 | $24,516 | ▼ $28,047 |
| Accounts Receivable | $9,489 | $10,185 | ▲ $696 |
| Total Assets | $1,570,725 | $1,663,293 | ▲ $92,568 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $3,777,599 | $3,597,721 | ▼ $179,878 |
| Other Liabilities | $50,042 | $49,732 | ▼ $310 |
| Accounts Payable and Accrued Expenses | $17,368 | $20,241 | ▲ $2,873 |
| Deferred Revenue | $2,205 | $3,082 | ▲ $877 |
| Total Liabilities | $3,847,214 | $3,670,776 | ▼ $176,438 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-2,276,489 | $-2,007,483 | ▲ $269,006 |
| Total Net Assets Fund Balance | $-2,276,489 | $-2,007,483 | ▲ $269,006 |
| Total Liabilities and Net Assets / Fund Balance | $1,570,725 | $1,663,293 | ▲ $92,568 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $652,919 | $7,699,275 | $8,352,194 |
| Land | $120,010 | - | $120,010 |
| Other Land Buildings | $25,958 | $47,450 | $73,408 |
| Equipment | $0 | $48,390 | $48,390 |
| Name | Title |
|---|---|
| Rick S Sims | President |
| Bob Hegglund | Director |
| Dustin Nimz | Director |
| Ji Ginnings | Director |
| Kris Warman | Director |
| Mike Crossland | Director |
| Monica Aguon | Director |
| Randy Holley | Director |
| Tim Robinson | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $897,701 |
| Salaries, Compensation, and Employee Benefits | $208,545 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Insurance | $232,040 | - | - | $232,040 |
| Other Salaries and Wages | $91,443 | $102,000 | - | $193,443 |
| Interest | $150,728 | - | - | $150,728 |
| Depreciation Depletion | $133,802 | - | - | $133,802 |
| Fees for Services Management | - | $76,984 | - | $76,984 |
| Office Expenses | - | $47,814 | - | $47,814 |
| Fees for Services Accounting | - | $18,000 | - | $18,000 |
| Payroll Taxes | $7,139 | $7,963 | - | $15,102 |
| Other Expenses | $14,147 | - | - | $14,147 |
| Fees for Services Legal | - | $8,075 | - | $8,075 |
| All Other Expenses | $228 | $1,959 | - | $2,187 |
| Conferences and Meetings | - | $1,125 | - | $1,125 |
| Total Functional Expenses | $842,326 | $263,920 | $0 | $1,106,246 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,106,246 |
| Total Expenses per Audited Statements | $1,106,246 |
| Total Expenses per Form 990 | $1,106,246 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Deposits | $38,849 |
| Accrued Interest Payable | $10,883 |
“The current building manager is the son of the president of the board of directors.”
“Management delegated to management company the sovereign management corporation 112 s. 32nd street waco, tx 76710”
“The board of directors and management company reviews the form 990 prior to filing.”
“The organization's governing documents, financial statements and forms 990 are available upon written request to the management company.”
“Neither the oversight process of the audited financial statements or the selection process of an independent accountant has changed during the year.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 17368 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 20241 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 9489 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 10185 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE LOW INCOME HOUSING FOR INDIVIDUALS IN THE WICHITA FALLS AREA. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1959 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 228 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2187 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE SOVEREIGN MANAGEMENT GROUP |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2547530105 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 112 S 32ND STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WACO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76710 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 52563 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 24516 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 1125 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1125 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1011533 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2268 |
| IRS990/CYOtherExpensesAmt | 0 | 897701 |
| IRS990/CYOtherRevenueAmt | 0 | 96 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 361355 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 269006 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 208545 |
| IRS990/CYTotalExpensesAmt | 0 | 1106246 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1375252 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 2205 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3082 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 133802 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 133802 |
| IRS990/Desc | 0 | PROVIDING HOUSING FACILITIES FOR LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 842326 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 18000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 18000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 8075 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 8075 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 76984 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 76984 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RICK S SIMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JI GINNINGS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BOB HEGGLUND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DUSTIN NIMZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RANDY HOLLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MONICA AGUON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MIKE CROSSLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TIM ROBINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KRIS WARMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1976 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 1011533 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1375252 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 232040 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 232040 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 59355 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 55586 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 150728 |
| IRS990/InterestGrp/TotalAmt | 0 | 150728 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2268 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2268 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 7795115 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 706041 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 798887 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8594002 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE LOW INCOME HOUSING FOR INDIVIDUALS IN WICHITA FALLS, TX. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3777599 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3597721 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -2276489 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -2007483 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -2276489 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -2007483 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 47814 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 47814 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OPERATIONS & MAINT. |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | OPERATING SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | BAD DEBTS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 107029 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 88400 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 17370 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 14147 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 107029 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 88400 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17370 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 14147 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 50042 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 49732 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 96 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 96 |
| IRS990/OtherRevenueTotalAmt | 0 | 96 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 102000 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 91443 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 193443 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 7963 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 7139 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15102 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 127941 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 148812 |
| IRS990/PrincipalOfficerNm | 0 | RICK SIMS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TENANT RENT & FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 361355 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 361355 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 947263 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2866 |
| IRS990/PYOtherExpensesAmt | 0 | 960696 |
| IRS990/PYOtherRevenueAmt | 0 | 599 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 363724 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 140289 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 213467 |
| IRS990/PYTotalExpensesAmt | 0 | 1174163 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1314452 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 269006 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 361451 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 615336 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 625307 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1011533 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 947263 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 919242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 889950 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 829558 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4597546 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 363623 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 366590 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 357645 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 336520 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 308951 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1733329 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 96 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 599 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4615 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3132 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1144 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 9586 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.72510 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.72120 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4597546 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1011533 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 947263 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 919242 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 889950 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 829558 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4597546 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6340461 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 652919 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 7699275 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8352194 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 48390 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 48390 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1106246 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 120010 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 120010 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 25958 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 47450 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 73408 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 38849 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 10883 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED INTEREST PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1375252 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 798887 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1106246 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 49732 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1375252 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1375252 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1106246 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CURRENT BUILDING MANAGER IS THE SON OF THE PRESIDENT OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MANAGEMENT DELEGATED TO MANAGEMENT COMPANY THE SOVEREIGN MANAGEMENT CORPORATION 112 S. 32ND STREET WACO, TX 76710 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS AND MANAGEMENT COMPANY REVIEWS THE FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORMS 990 ARE AVAILABLE UPON WRITTEN REQUEST TO THE MANAGEMENT COMPANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NEITHER THE OVERSIGHT PROCESS OF THE AUDITED FINANCIAL STATEMENTS OR THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT HAS CHANGED DURING THE YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1570725 |
| IRS990/TotalAssetsEOYAmt | 0 | 1663293 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1570725 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1663293 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1011533 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 263920 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 842326 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1106246 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3847214 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3670776 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3847214 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3670776 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -2276489 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -2007483 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 842326 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 361355 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 2268 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 361451 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1375252 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 9 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1570725 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1663293 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 400 BURNETT ST |
| IRS990/USAddress/CityNm | 0 | WICHITA FALLS |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 76301 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.