Civic Intelligence

Discovery Foundation

990PF • Fiscal year 2021 • EIN 75-1989523

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

Organization Profile
PO Box 2140Fort Worth, TX 76113

(817) 502-9895

Siviq Scores

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

Liabilities / Assets

98th percentile

1.51x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

53.70x

Higher debt load relative to revenue than 100% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Source year 2021

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2021 filings • $500k-$1M nonprofits • Source year 2021

Asset Growth

39th percentile

2.7%

Faster asset growth than 39% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

194%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$971,727

Up $25,795 (+2.7%) from 2020

Net Assets

Up

-$496,273

Up $25,795 (+4.9%) from 2020

Liabilities

Flat

$1,468,000

Flat from 2020

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin98th percentile

Revenue

Up

$27,339

Up $18,043 (+194%) from 2020

Expenses

Up

$1,609

Up $113 (+7.6%) from 2020

Net Income

Up

$25,730

Up $17,930 (+230%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $8,533,744Liabilities 2010: $1,900,000Net Assets 2010: $6,633,7442010Assets 2011: $8,369,154Liabilities 2011: $2,218,203Net Assets 2011: $6,150,9512011Assets 2012: $8,339,112Liabilities 2012: $2,724,317Net Assets 2012: $5,614,7952012Assets 2013: $7,768,280Liabilities 2013: $2,408,599Net Assets 2013: $5,359,6812013Assets 2014: $6,836,988Liabilities 2014: $2,398,773Net Assets 2014: $4,438,2152014Assets 2015: $148,793Liabilities 2015: $1,468,000Net Assets 2015: -$1,319,2072015Assets 2016: $39,943Liabilities 2016: $1,469,490Net Assets 2016: -$1,429,5472016Assets 2017: $40,702Liabilities 2017: $1,468,000Net Assets 2017: -$1,427,2982017Assets 2018: $478,871Liabilities 2018: $1,468,000Net Assets 2018: -$989,1292018Assets 2019: $937,408Liabilities 2019: $1,468,000Net Assets 2019: -$530,5922019Assets 2020: $945,932Liabilities 2020: $1,468,000Net Assets 2020: -$522,0682020Assets 2021: $971,727Liabilities 2021: $1,468,000Net Assets 2021: -$496,2732021Assets 2022: $983,165Liabilities 2022: $1,468,000Net Assets 2022: -$484,8352022Assets 2023: $1,012,423Liabilities 2023: $1,468,000Net Assets 2023: -$455,5772023Assets 2024: $1,061,096Liabilities 2024: $1,468,000Net Assets 2024: -$406,9042024

Highlighted filing

2021

Assets$971,727
Liabilities$1,468,000
Net Assets-$496,273
Open 2021 Filing

Operations Trend

Revenue Growth91st percentile

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

$2.0M$0-$2.0M-$4.0M-$6.0MExpenses 2010: $724,3192010Expenses 2011: $483,2742011Expenses 2012: $610,1792012Revenue 2013: -$28,545Expenses 2013: $226,569Net Income 2013: -$255,1142013Revenue 2014: -$833,170Expenses 2014: $88,296Net Income 2014: -$921,4662014Revenue 2015: -$5,679,868Expenses 2015: $77,555Net Income 2015: -$5,757,4232015Revenue 2016: -$107,927Expenses 2016: $2,414Net Income 2016: -$110,3412016Revenue 2017: $3,523Expenses 2017: $1,274Net Income 2017: $2,2492017Revenue 2018: $976,455Expenses 2018: $538,286Net Income 2018: $438,1692018Revenue 2019: $459,777Expenses 2019: $1,240Net Income 2019: $458,5372019Revenue 2020: $9,296Expenses 2020: $1,496Net Income 2020: $7,8002020Revenue 2021: $27,339Expenses 2021: $1,609Net Income 2021: $25,7302021Revenue 2022: $15,937Expenses 2022: $1,716Net Income 2022: $14,2212022Revenue 2023: $28,683Expenses 2023: $2,300Net Income 2023: $26,3832023Revenue 2024: $52,433Expenses 2024: $3,760Net Income 2024: $48,6732024

Highlighted filing

2021

Revenue$27,339
Expenses$1,609
Net Income$25,730
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.2
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lucy DardenChairman Of The Board/Pres-$0--
Paul CoulterVice Pres/Secretary/Treas-$0--
Peter PhilpottDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Discovery Fund
EIN
75-1989523
In Care Of
% PAUL COULTER
Phone
8175029895
Address
PO Box 2140, Fort Worth, TX 76113

Signing Officer

Name
Paul Coulter
Title
Treasurer
Phone
8175029895
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Bkd Llp
Address
777 Main Street Suite 2000, Fort Worth, TX 76102
Preparer
Jeanette Verrelli
Phone
8173322301
Raw XML Appendix306 raw XML fields

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

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/Amt01560
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0TAX PREPARATION FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt01560
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt08281
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt13310
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt2935526
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt012238
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt13850
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt2932269
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0200 SHS EXXON MOBIL
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm1160 SHS BAKER HUGHES
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm293,507 UBS ULTRA SHORT INC FD
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt02339
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt02339
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt02339
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt01560
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt01560
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt025000
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt02339
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt02339
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt025730
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt02339
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt049
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt00
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt027339
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt00
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt01609
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt025730
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt065
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0-496273
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt0-522068
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0-496273
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt046967
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt046967
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt046967
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt047000
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt033
IRS990PF/DistributableAmountGrp/TotalTaxAmt033
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0127
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt0160
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt033
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0127
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt033
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt033
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt0160
IRS990PF/FMVAssetsEOYAmt0972967
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0945526
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0947117
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0948357
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersBOYAmt01468000
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt01468000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt0-522068
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt0-496273
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0406
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt024610
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt024610
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt0945932
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt0971727
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt0972967
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt01468000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt01468000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt0945932
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt0971727
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt0-522068
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt0-496273
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0954307
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt05892
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0948415
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt014315
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt047000
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0939992
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0954307
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Lucy Darden
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Paul Coulter
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2Peter Philpott
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0CHAIRMAN OF THE BOARD/PRES
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Vice Pres/Secretary/Treas
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2Director
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0PO Box 2140
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1PO Box 2140
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt2PO Box 2140
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Fort Worth
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1Fort Worth
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2Fort Worth
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0TX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1TX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2TX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd076113
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd176113
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd276113
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/CharitableAssetsAcquisPaidAmt00
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt01560
IRS990PF/PFQualifyingDistributionsGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt01560
IRS990PF/PFQualifyingDistributionsGrp/SetAsideCashDistriTestAmt00
IRS990PF/PFQualifyingDistributionsGrp/SetAsideSuitabilityTestAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0500 WEST 7TH STREET SUITE 502
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0fort worth
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0TX
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd076102
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0TX
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0PAUL COULTER
IRS990PF/StatementsRegardingActyGrp/PhoneNum08175029895
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0WRITTEN REQUEST
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0Paul Coulter
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08175029895
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0500 West 7th Street SUITE 502
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0Fort Worth
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0TX
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd076102
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NONE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
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IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt046967
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt045407
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0457492
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt045407
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0412085
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0412085
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt01560
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0412085
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0457492
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Estate of Lucy Glenn Jackson Darden
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0306 W 7th Street Suite 500
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Fort Worth
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0TX
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd076102
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt025000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt0475000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt180000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt2365000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt3491000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt47000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt550000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc0CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc1CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc2CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc3CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc4CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc5CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm0MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm1MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm2MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm3MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm4MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm5MERCURY EXPLORATION CO SUBST CONT
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt02021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt12021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt22021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt32021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt42021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt52021-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt0475000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt180000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt2365000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt3491000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt47000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt550000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt0TO FUND 2008 DISTRIBUTIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt1TO FUND 2009 DISTRIBUTIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt2TO FUND 2010 DISTRIBUTIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt3TO FUND 2013 DISTRIBUTIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt4TO FUND 2014 EXPENSES
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt5TO FUND 2015 DISTRIBUTIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt02008-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt12009-03
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt22010-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt32013-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt42014-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt52015-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt0PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt1PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt2PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt3PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt4PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt5PAYABLE AT MATURITY DATE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt0NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt1NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt2NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt3NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt4NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt5NONE
OtherIncreasesSchedule/OtherIncreasesDetail/Amt065
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0TIMING DIFFERENCE
TaxesSchedule/TaxesDetail/Amt049
TaxesSchedule/TaxesDetail/CategoryTxt0EXCISE TAX
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Coulter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08175029895
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Discovery Fund
ReturnHeader/Filer/BusinessNameControlTxt0DISC
ReturnHeader/Filer/EIN0751989523
ReturnHeader/Filer/InCareOfNm0% PAUL COULTER
ReturnHeader/Filer/PhoneNum08175029895
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2140
ReturnHeader/Filer/USAddress/CityNm0Fort Worth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0777 Main Street Suite 2000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fort Worth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076102
ReturnHeader/PreparerPersonGrp/PhoneNum08173322301
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeanette Verrelli
ReturnHeader/ReturnTs02022-04-18T15:42:44-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Coulter
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$971,727
Liabilities
$1,468,000
Net assets
-$496,273
Revenue
$27,339
Expenses
$1,609
Net income
$25,730
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$1.47$0.41$0.05$0.00$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.01$1.47$0.46$0.03$0.00$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.98$1.47$0.48$0.02$0.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.47$0.50$0.03$0.00$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.95$1.47$0.52$0.01$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.94$1.47$0.53$0.46$0.00$0.46
2018Detailed filing. Detailed filing data is available for this year.$0.48$1.47$0.99$0.98$0.54$0.44
2017Detailed filing. Detailed filing data is available for this year.$0.04$1.47$1.43$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.04$1.47$1.43$0.11$0.00$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.15$1.47$1.32$5.68$0.08$5.76
2014Detailed filing. Detailed filing data is available for this year.$6.84$2.40$4.44$0.83$0.09$0.92
2013Detailed filing. Detailed filing data is available for this year.$7.77$2.41$5.36$0.03$0.23$0.26
2012Detailed filing. Detailed filing data is available for this year.$8.34$2.72$5.61$0.61
2011Detailed filing. Detailed filing data is available for this year.$8.37$2.22$6.15$0.48
2010Detailed filing. Detailed filing data is available for this year.$8.53$1.90$6.63$0.72