Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Plain Majestic Properties Inc
EIN 75-2236928 • 501(c)2 • Dallas, TX
Profile
Set up as a title holding company pursuant to irc section 501(c)(2).
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 5.4% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Down$140,512
Down $1,051,930 (-88%) from 2022
Liabilities
Up$3,038
Up $3,038 from 2022
Net Assets
Down$137,474
Down $1,054,968 (-88%) from 2022
Revenue
Up$29,022
Up $26,396 (+1005%) from 2022
Expenses
Up$8,638
Up $7,669 (+791%) from 2022
Net Income
Up$20,384
Up $18,727 (+1130%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $140,512
- Liabilities
- $3,038
- Net assets
- $137,474
- Revenue
- $29,022
- Expenses
- $8,638
- Net income
- $20,384
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 22, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $29,022
Mission and Program Overview
Mission
Set up as a title holding company pursuant to irc section 501(c)(2).
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SET UP FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO THE LELAND FIKES FOUNDATION, INC., AN IRC SECTION 501(C)(3) EXEMPT PRIVATE FOUNDATION. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARY F RADFORD | Director, Asst Secr | - | $1,581 | - | $1,581 |
| BRENDAN J FIKES | Director, VP | - | $805 | $50 | $855 |
| MATTHEW JOHNSON | Director, Asst Secr | - | $741 | $50 | $791 |
| JOE M GRAHAM | Pres & Treas | - | $232 | - | $232 |
| AMY L FIKES | Director | - | $0 | - | - |
| LEE FIKES | Director | - | $0 | - | - |
| DEAN CASTELHANO | VP & Secr | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Plain Majestic Properties Inc
- EIN
- 75-2236928
- Phone
- 2142201011
- Address
- 3161 WEBB AVE, DALLAS, TX 75205
Signing Officer
- Name
- Matthew Johnson
- Title
- Assistant Secretary
- Phone
- 2142201011
- Signed
- 2024-10-22
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: income from lovedale ii ltd. Amount: 15,000. Description: guaranteed payments for use of money. Amount: 14,022. Total included on form 990-ez, line 4: 29,022.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: cash distributions to parent. Amount: -1,075,352.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: intercompany receivable. Beg. Of year amount: 5,131. End of year amount: 0. Description: investment in lovedale ii lp. Beg. Of year amount: 156,164. End of year amount: 129,974.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: intercompany payable. Beg. Of year amount: 0. End of year amount: 3,038.”
Raw XML Appendix124 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MATTHEW JOHNSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2142201011 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3161 WEBB AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75205 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1031147 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10538 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 20384 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5179 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1192442 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 140512 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29022 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 29022 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1192442 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 137474 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1192442 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 137474 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 232 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 805 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 1581 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 741 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | AMY L FIKES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LEE FIKES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOE M GRAHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DEAN CASTELHANO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BRENDAN J FIKES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARY F RADFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MATTHEW JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRES & TREAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VP & SECR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR, VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR, ASST SECR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR, ASST SECR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 161295 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 129974 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -1075352 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SET UP AS A TITLE HOLDING COMPANY PURSUANT TO IRC SECTION 501(C)(2). |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SET UP FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME THEREFROM AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO THE LELAND FIKES FOUNDATION, INC., AN IRC SECTION 501(C)(3) EXEMPT PRIVATE FOUNDATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3459 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3038 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 8638 |
| IRS990EZ/TotalRevenueAmt | 0 | 29022 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INCOME FROM LOVEDALE II LTD. AMOUNT: 15,000. DESCRIPTION: GUARANTEED PAYMENTS FOR USE OF MONEY. AMOUNT: 14,022. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 29,022. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CASH DISTRIBUTIONS TO PARENT. AMOUNT: -1,075,352. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INTERCOMPANY RECEIVABLE. BEG. OF YEAR AMOUNT: 5,131. END OF YEAR AMOUNT: 0. DESCRIPTION: INVESTMENT IN LOVEDALE II LP. BEG. OF YEAR AMOUNT: 156,164. END OF YEAR AMOUNT: 129,974. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: INTERCOMPANY PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,038. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MATTHEW JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ASSISTANT SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2142201011 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-10-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PLAIN MAJESTIC PROPERTIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PLAI |
| ReturnHeader/Filer/EIN | 0 | 752236928 |
| ReturnHeader/Filer/PhoneNum | 0 | 2142201011 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3161 WEBB AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DALLAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75205 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-10-28T14:33:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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