Civic Intelligence

Travis Towers Inc

EIN 75-1708505 • 501(c)3 • Waco, TX

Profile

LOW INCOME HOUSING

3135 Franklin AvenueWaco, TX 76710
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

7.9%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$1,827,312

Up $322,488 (+21%) from 2023

Liabilities

Up

$186,013

Up $50,475 (+37%) from 2023

Net Assets

Up

$1,641,299

Up $272,013 (+20%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin79th percentile

Revenue

Up

$984,600

Up $72,398 (+7.9%) from 2023

Expenses

Up

$712,587

Up $49,844 (+7.5%) from 2023

Net Income

Up

$272,013

Up $22,554 (+9.0%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,622,198Liabilities 2011: $2,063,109Net Assets 2011: -$440,9112011Assets 2012: $1,584,332Liabilities 2012: $1,918,796Net Assets 2012: -$334,4642012Assets 2013: $1,535,452Liabilities 2013: $1,807,187Net Assets 2013: -$271,7352013Assets 2014: $1,461,974Liabilities 2014: $1,641,546Net Assets 2014: -$179,5722014Assets 2015: $1,419,374Liabilities 2015: $1,475,710Net Assets 2015: -$56,3362015Assets 2016: $1,382,069Liabilities 2016: $1,315,743Net Assets 2016: $66,3262016Assets 2017: $1,316,006Liabilities 2017: $1,121,140Net Assets 2017: $194,8662017Assets 2018: $1,255,046Liabilities 2018: $925,732Net Assets 2018: $329,3142018Assets 2019: $1,163,949Liabilities 2019: $684,804Net Assets 2019: $479,1452019Assets 2020: $1,176,768Liabilities 2020: $492,984Net Assets 2020: $683,7842020Assets 2021: $1,121,831Liabilities 2021: $243,322Net Assets 2021: $878,5092021Assets 2022: $1,180,023Liabilities 2022: $60,196Net Assets 2022: $1,119,8272022Assets 2023: $1,504,824Liabilities 2023: $135,538Net Assets 2023: $1,369,2862023Assets 2024: $1,827,312Liabilities 2024: $186,013Net Assets 2024: $1,641,2992024

Highlighted filing

2024

Assets$1,827,312
Liabilities$186,013
Net Assets$1,641,299
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2011: $756,898Expenses 2011: $662,413Net Income 2011: $94,4852011Expenses 2012: $636,5262012Revenue 2013: $716,721Expenses 2013: $651,435Net Income 2013: $65,2862013Revenue 2014: $785,237Expenses 2014: $693,074Net Income 2014: $92,1632014Revenue 2015: $797,104Expenses 2015: $673,868Net Income 2015: $123,2362015Revenue 2016: $805,424Expenses 2016: $682,762Net Income 2016: $122,6622016Revenue 2017: $801,286Expenses 2017: $672,746Net Income 2017: $128,5402017Revenue 2018: $824,140Expenses 2018: $689,692Net Income 2018: $134,4482018Revenue 2019: $827,443Expenses 2019: $677,612Net Income 2019: $149,8312019Revenue 2020: $847,805Expenses 2020: $643,166Net Income 2020: $204,6392020Revenue 2021: $864,074Expenses 2021: $669,349Net Income 2021: $194,7252021Revenue 2022: $886,964Expenses 2022: $645,646Net Income 2022: $241,3182022Revenue 2023: $912,202Expenses 2023: $662,743Net Income 2023: $249,4592023Revenue 2024: $984,600Expenses 2024: $712,587Net Income 2024: $272,0132024

Highlighted filing

2024

Revenue$984,600
Expenses$712,587
Net Income$272,013
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,827,312
Liabilities
$186,013
Net assets
$1,641,299
Revenue
$984,600
Expenses
$712,587
Net income
$272,013
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.19$1.64$0.98$0.71$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.14$1.37$0.91$0.66$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.06$1.12$0.89$0.65$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.24$0.88$0.86$0.67$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.49$0.68$0.85$0.64$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.68$0.48$0.83$0.68$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.93$0.33$0.82$0.69$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$1.12$0.19$0.80$0.67$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$1.32$0.07$0.81$0.68$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.48$0.06$0.80$0.67$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$1.64$0.18$0.79$0.69$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.54$1.81$0.27$0.72$0.65$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$1.92$0.33$0.64
2011Summary only. Only limited summary data is available for this year.$1.62$2.06$0.44$0.76$0.66$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 24, 2025
Return Version
2024v5.0
Gross Receipts
$984,600
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$987,311$1,237,405▲ $250,094
Savings and Temporary Cash Investments$376,744$384,452▲ $7,708
Cash and Non-Interest-Bearing Accounts$97,388$148,156▲ $50,768
Prepaid Expenses and Deferred Charges$41,145$51,935▲ $10,790
Accounts Receivable$2,236$5,364▲ $3,128
Total Assets$1,504,824$1,827,312▲ $322,488
Liabilities
Accounts Payable and Accrued Expenses$104,314$152,788▲ $48,474
Other Liabilities$28,799$29,838▲ $1,039
Deferred Revenue$2,425$3,387▲ $962
Total Liabilities$135,538$186,013▲ $50,475
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,369,286$1,641,299▲ $272,013
Total Net Assets Fund Balance$1,369,286$1,641,299▲ $272,013
Total Liabilities and Net Assets / Fund Balance$1,504,824$1,827,312▲ $322,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$852,082$3,640,143$4,492,225
Equipment$174,492$432,301$606,793
Other Land Buildings$92,831$57,451$150,282
Land$118,000-$118,000
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jack R EndresChairman
Charles BroadwayVice Chairma
Betty EwaltTrustee
Halle B WilliamsTrustee
Kenneth MelvinTrustee
Steve EdwardsTrustee
Dr Leslie W RalstonSec/treasury
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$971,225
Investment Income
$4,365
Other Revenue
$9,010
Change in Net Assets
$272,013

Audited Revenue Reconciliation

Revenue per Audited Statements
$984,600
Revenue Not Reported on Form 990
$11,874
Total Revenue per Audited Statements
$996,474
Total Revenue per Form 990
$984,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$538,045
Salaries, Compensation, and Employee Benefits$174,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,666--$128,666
Depreciation Depletion$118,640--$118,640
Insurance$116,773--$116,773
Other Employee Benefits$35,840--$35,840
Office Expenses$24,356--$24,356
Other Expenses$22,887$67,960-$22,887
All Other Expenses$7,250$9,843-$17,093
Payroll Taxes$10,036--$10,036
Fees for Services Accounting-$8,275-$8,275
Conferences and Meetings$5,765--$5,765
Advertising$3,223--$3,223
Fees for Services Legal$514--$514
Total Functional Expenses$626,509$86,078$0$712,587

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$724,461
Expenses per Audited Statements$712,587
Total Expenses per Form 990$712,587
Expenses Not Reported on Form 990$11,874
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserves & Deposits$29,693
Utility Allowance$145
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 3

“Sovereign management corp. 112 s. 32th waco, tx 76710”

Form 990, Page 6, Part VI, Line 11B

“Form 990 reviewed by the board of directors at a scheduled meeting prior to filing with the internal revenue service.”

Form 990, Page 6, Part VI, Line 15A

“NOT COMPENSATED”

Form 990, Page 6, Part VI, Line 15B

“NOT COMPENSATED”

Form 990, Page 6, Part VI, Line 19

“AVALIABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Travis Towers Inc
EIN
75-1708505
Phone
9035867681
Address
3135 FRANKLIN AVENUE, WACO, TX 76710

Signing Officer

Name
Jack R Endres
Title
Chairman
Phone
9035867681
Signed
2025-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack R Endres
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
3

Preparer

Firm
Paul J Christensen & Associates LLC
Address
2110 AUSTIN AVE, WACO, TX 76701
Preparer
Paul J Christensen CPA
Phone
2547523436
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Administrative unit 10,809 bad debts 1,065 administrative unit -10,809 bad debts -1,065”

Financial Statement Notes

Schedule D, Page 3, Part X

“The project is exempt from federal income tax under section 501(c)(3) of the internal revenue code, except to the extent it has unrelated business taxable income. The project has no material unrelated business income for the year ended december 31, 2024. Generally accepted accounting principles require that the project recognize in its financial statements the financial effects of a tax position, if that position is more likely than not of being sustained upon examination, including resolution of any appeals or litigation processes, based upon the technical merits of the tax position. The requirements also provide guidance on measurement, classification, interest and penalties and disclosure. Tax positions taken related to the project's tax-exempt status, unrelated business activities taxable income and deductibility of expenses and other miscellaneous tax positions have been reviewed, and management is of the opinion that material positions taken would more likely than not be sustained by examination. Accordingly, the project has not recorded an income tax liability for uncertain tax benefits. For the year ended december 31, 2024, there were no interest or penalties related to income taxes recorded or included in the financial statements. The federal returns of the project for 2023, 2022 and 2021 are subject to examination by the internal revenue service, generally for three years after they are filed. There are no examinations currently in progress.”

Schedule D, Page 4, Part XI, Line 2D

“Administrative unit 10,809 bad debts 1,065”

Schedule D, Page 4, Part XII, Line 2D

“Administrative unit 10,809 bad debts 1,065”

Raw XML Appendix386 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0104314
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0152788
IRS990/AccountsReceivableGrp/BOYAmt02236
IRS990/AccountsReceivableGrp/EOYAmt05364
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LOW INCOME HOUSING
IRS990/AdvertisingGrp/ProgramServicesAmt03223
IRS990/AdvertisingGrp/TotalAmt03223
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09843
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07250
IRS990/AllOtherExpensesGrp/TotalAmt017093
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SOVEREIGN MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum02547530105
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0112 SOUTH 32ND STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WACO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076710
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt097388
IRS990/CashNonInterestBearingGrp/EOYAmt0148156
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05765
IRS990/ConferencesMeetingsGrp/TotalAmt05765
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04365
IRS990/CYOtherExpensesAmt0538045
IRS990/CYOtherRevenueAmt09010
IRS990/CYProgramServiceRevenueAmt0971225
IRS990/CYRevenuesLessExpensesAmt0272013
IRS990/CYSalariesCompEmpBnftPaidAmt0174542
IRS990/CYTotalExpensesAmt0712587
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0984600
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02425
IRS990/DeferredRevenueGrp/EOYAmt03387
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0118640
IRS990/DepreciationDepletionGrp/TotalAmt0118640
IRS990/Desc0ELDERLY HIGH-RISE APARTMENT COMPLEX WITH 87 RENTAL UNITS FINANCED BY HUD SECTION 202 FUNDING, WITH MOST TENANTS RECEIVING SECTION 8 RENTAL ASSISTANCE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0626509
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08275
IRS990/FeesForServicesAccountingGrp/TotalAmt08275
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0514
IRS990/FeesForServicesLegalGrp/TotalAmt0514
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES BROADWAY
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm2JACK R ENDRES
IRS990/Form990PartVIISectionAGrp/PersonNm3BETTY EWALT
IRS990/Form990PartVIISectionAGrp/PersonNm4KENNETH MELVIN
IRS990/Form990PartVIISectionAGrp/PersonNm5DR LESLIE W RALSTON
IRS990/Form990PartVIISectionAGrp/PersonNm6HALLE B WILLIAMS
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/TitleTxt0VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SEC/TREASURY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0984600
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0116773
IRS990/InsuranceGrp/TotalAmt0116773
IRS990/InvestmentIncomeGrp/ExclusionAmt04365
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04365
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04129895
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0987311
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01237405
IRS990/LandBldgEquipCostOrOtherBssAmt05367300
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LOW INCOME HOUSING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01369286
IRS990/NetAssetsOrFundBalancesEOYAmt01641299
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01369286
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01641299
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt024356
IRS990/OfficeExpensesGrp/TotalAmt024356
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035840
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035840
IRS990/OtherExpensesGrp/Desc0CLEANING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt067960
IRS990/OtherExpensesGrp/ProgramServicesAmt092349
IRS990/OtherExpensesGrp/ProgramServicesAmt160210
IRS990/OtherExpensesGrp/ProgramServicesAmt222887
IRS990/OtherExpensesGrp/TotalAmt092349
IRS990/OtherExpensesGrp/TotalAmt167960
IRS990/OtherExpensesGrp/TotalAmt260210
IRS990/OtherExpensesGrp/TotalAmt322887
IRS990/OtherLiabilitiesGrp/BOYAmt028799
IRS990/OtherLiabilitiesGrp/EOYAmt029838
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY REVENUE
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04310
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13919
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2781
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13919
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2781
IRS990/OtherRevenueTotalAmt09010
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128666
IRS990/OtherSalariesAndWagesGrp/TotalAmt0128666
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt010036
IRS990/PayrollTaxesGrp/TotalAmt010036
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041145
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051935
IRS990/PrincipalOfficerNm0JACK R ENDRES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0750068
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1221157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0750068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1221157
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01721
IRS990/PYOtherExpensesAmt0494162
IRS990/PYOtherRevenueAmt06379
IRS990/PYProgramServiceRevenueAmt0904102
IRS990/PYRevenuesLessExpensesAmt0249459
IRS990/PYSalariesCompEmpBnftPaidAmt0168581
IRS990/PYTotalExpensesAmt0662743
IRS990/PYTotalRevenueAmt0912202
IRS990/ReconcilationRevenueExpnssAmt0272013
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0971225
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0376744
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0384452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0650068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0697641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0684445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0695140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0673949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03401243
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0234532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0214561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0202519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0168934
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0173856
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0994402
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04488323
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77380
IRS990ScheduleA/PublicSupportPY170Pct00.78900
IRS990ScheduleA/PublicSupportTotal170Amt03401243
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0650068
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0697641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0684445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0695140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0673949
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03401243
IRS990ScheduleA/TotalSupportAmt04395645
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0852082
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03640143
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04492225
IRS990ScheduleD/EquipmentGrp/BookValueAmt0174492
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0432301
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0606793
IRS990ScheduleD/ExpensesNotReportedAmt011874
IRS990ScheduleD/ExpensesSubtotalAmt0712587
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0118000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0118000
IRS990ScheduleD/OtherExpensesIncludedAmt011874
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt092831
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057451
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0150282
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UTILITY ALLOWANCE
IRS990ScheduleD/OtherRevenueAmt011874
IRS990ScheduleD/RevenueNotReportedAmt011874
IRS990ScheduleD/RevenueSubtotalAmt0984600
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS TAXABLE INCOME. THE PROJECT HAS NO MATERIAL UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THAT THE PROJECT RECOGNIZE IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION. THE REQUIREMENTS ALSO PROVIDE GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO THE PROJECT'S TAX-EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE PROJECT HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE FEDERAL RETURNS OF THE PROJECT FOR 2023, 2022 AND 2021 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THERE ARE NO EXAMINATIONS CURRENTLY IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATIVE UNIT 10,809 BAD DEBTS 1,065
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ADMINISTRATIVE UNIT 10,809 BAD DEBTS 1,065
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01237405
IRS990ScheduleD/TotalExpensesPerForm990Amt0712587
IRS990ScheduleD/TotalLiabilityAmt029838
IRS990ScheduleD/TotalRevenuePerForm990Amt0984600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0996474
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0724461
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOVEREIGN MANAGEMENT CORP. 112 S. 32TH WACO, TX 76710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY THE BOARD OF DIRECTORS AT A SCHEDULED MEETING PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVALIABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADMINISTRATIVE UNIT 10,809 BAD DEBTS 1,065 ADMINISTRATIVE UNIT -10,809 BAD DEBTS -1,065
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01504824
IRS990/TotalAssetsEOYAmt01827312
IRS990/TotalAssetsGrp/BOYAmt01504824
IRS990/TotalAssetsGrp/EOYAmt01827312
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086078
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0626509
IRS990/TotalFunctionalExpensesGrp/TotalAmt0712587
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0135538
IRS990/TotalLiabilitiesEOYAmt0186013
IRS990/TotalLiabilitiesGrp/BOYAmt0135538
IRS990/TotalLiabilitiesGrp/EOYAmt0186013
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01369286
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01641299
IRS990/TotalProgramServiceExpensesAmt0626509
IRS990/TotalProgramServiceRevenueAmt0971225
IRS990/TotalRevenueGrp/ExclusionAmt04365
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0980235
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0984600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01504824
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01827312
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK R ENDRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09035867681
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAVIS TOWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAV
ReturnHeader/Filer/EIN0751708505
ReturnHeader/Filer/PhoneNum09035867681
ReturnHeader/Filer/USAddress/AddressLine1Txt03135 FRANKLIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0WACO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076710
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815081933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL J CHRISTENSEN & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02110 AUSTIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076701
ReturnHeader/PreparerPersonGrp/PhoneNum02547523436
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL J CHRISTENSEN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T15:13:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.