Civic Intelligence

Midland Visions 2000

990 • Fiscal year 2020 • EIN 75-2531526

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 27, 2021

Organization Profilenone
112 S LoraineMidland, TX 79701

(432) 687-1438

Siviq Scores

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

Liabilities / Assets

60th percentile

0.27x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.94x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

5th percentile

-79%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$186,164

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 28.6% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

17th percentile

-3.1%

Faster asset growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

20%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$7,233,481

Down $233,933 (-3.1%) from 2019

Net Assets

Down

$5,315,320

Down $514,915 (-8.8%) from 2019

Liabilities

Up

$1,918,161

Up $280,982 (+17%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin5th percentile

Revenue

Up

$651,813

Up $106,717 (+20%) from 2019

Expenses

Down

$1,166,729

Down $73,226 (-5.9%) from 2019

Net Income

Up

-$514,916

Up $179,943 (+26%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,317,163Liabilities 2011: $231,568Net Assets 2011: $1,085,5952011Assets 2012: $1,308,211Liabilities 2012: $209,355Net Assets 2012: $1,098,8562012Assets 2013: $1,336,250Liabilities 2013: $132,919Net Assets 2013: $1,203,3312013Assets 2014: $2,166,880Liabilities 2014: $865,504Net Assets 2014: $1,301,3732014Assets 2015: $2,348,894Liabilities 2015: $1,026,492Net Assets 2015: $1,322,4022015Assets 2016: $2,120,046Liabilities 2016: $957,178Net Assets 2016: $1,162,8682016Assets 2017: $7,403,095Liabilities 2017: $506,004Net Assets 2017: $6,897,0912017Assets 2018: $6,965,614Liabilities 2018: $440,520Net Assets 2018: $6,525,0942018Assets 2019: $7,467,414Liabilities 2019: $1,637,179Net Assets 2019: $5,830,2352019Assets 2020: $7,233,481Liabilities 2020: $1,918,161Net Assets 2020: $5,315,3202020Assets 2021: $7,431,431Liabilities 2021: $2,212,054Net Assets 2021: $5,219,3772021Assets 2022: $6,939,368Liabilities 2022: $2,094,787Net Assets 2022: $4,844,5812022Assets 2023: $6,706,084Liabilities 2023: $2,361,203Net Assets 2023: $4,344,8812023Assets 2024: $5,574,867Liabilities 2024: $1,830,446Net Assets 2024: $3,744,4212024

Highlighted filing

2020

Assets$7,233,481
Liabilities$1,918,161
Net Assets$5,315,320
Open 2020 Filing

Operations Trend

Revenue Growth76th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,335,687Expenses 2011: $1,362,695Net Income 2011: -$27,0082011Revenue 2012: $1,482,420Expenses 2012: $1,469,158Net Income 2012: $13,2622012Revenue 2013: $1,794,799Expenses 2013: $1,690,324Net Income 2013: $104,4752013Revenue 2014: $2,052,023Expenses 2014: $1,953,979Net Income 2014: $98,0442014Revenue 2015: $1,919,735Expenses 2015: $1,918,320Net Income 2015: $1,4152015Revenue 2016: $1,359,859Expenses 2016: $1,519,393Net Income 2016: -$159,5342016Revenue 2017: $6,896,295Expenses 2017: $1,162,072Net Income 2017: $5,734,2232017Revenue 2018: $465,500Expenses 2018: $837,497Net Income 2018: -$371,9972018Revenue 2019: $545,096Expenses 2019: $1,239,955Net Income 2019: -$694,8592019Revenue 2020: $651,813Expenses 2020: $1,166,729Net Income 2020: -$514,9162020Revenue 2021: $931,451Expenses 2021: $1,033,394Net Income 2021: -$101,9432021Revenue 2022: $792,115Expenses 2022: $1,200,123Net Income 2022: -$408,0082022Revenue 2023: $921,335Expenses 2023: $1,283,505Net Income 2023: -$362,1702023Revenue 2024: $769,823Expenses 2024: $1,349,914Net Income 2024: -$580,0912024

Highlighted filing

2020

Revenue$651,813
Expenses$1,166,729
Net Income-$514,916
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 27, 2021
Return Version
2020v4.0
Gross Receipts
$651,813
Mission and Program Overview

Mission

Provide decent and affordable housing for lower income residents, includingminorities, women, elderly and the handicapped, in the neighborhoods withinMidland County, Texas;

Provide decent and affordable housing for lower income residents, includingminorities,women, elderly and he handicapped, in the neighborhoods withinMidland County, Texas

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,656,556$4,784,713▲ $1,128,157
Savings and Temporary Cash Investments-$2,199,187-
Receivables From Officers Etc-$161,983-
Cash and Non-Interest-Bearing Accounts$3,735,061$81,801▼ $3,653,260
Accounts Receivable$70,000--
Total Assets$7,467,414$7,233,481▼ $233,933
Other Assets Total$5,797$5,797→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,610,429$1,515,420▼ $95,009
Accounts Payable and Accrued Expenses$26,750$402,741▲ $375,991
Total Liabilities$1,637,179$1,918,161▲ $280,982
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,830,235$5,315,320▼ $514,915
Total Net Assets Fund Balance$5,830,235$5,315,320▼ $514,915
Total Liabilities and Net Assets / Fund Balance$7,467,414$7,233,481▼ $233,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,784,713$321,303$5,106,016
Other Land Buildings$0--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Arlene LoveExecutive DirectorFT$186,164$186,164

Board Members and Trustees

NameTitle
Cary LovePresident
Edward MayberryVice-President
Aquilla WatsonDirector
Linda BritMember
Kandi BremSecretary/Treasure

Highest Paid Contractors

ContractorServicesLocationCompensation
TrinetEmployee Leasing9000 TOWNCENTER PARKWAY, Bradenton, FL 34202$250,273
Halah Property Management INCMangement Consultants4602 FLOYD CT, Midland, TX 79705$219,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$573,292
Investment Income
$78,521
Other Revenue
$0
Change in Net Assets
$-514,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$980,565
Salaries, Compensation, and Employee Benefits$186,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$296,902--$296,902
Current Officers, Directors, Trustees, and Key Employees-$186,164-$186,164
Fees for Services Other$141,250--$141,250
Depreciation Depletion$131,564--$131,564
Fees for Services Management$94,382--$94,382
Fees for Services Legal$10,144--$10,144
Travel$3,882--$3,882
Other Expenses$3,500$64,109-$3,500
All Other Expenses$45--$45
Total Functional Expenses$916,456$250,273$0$1,166,729
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Arlene and Cary LoveArlene Love - Executive Director, Cary Love Board President _Management and Consultant Agreement with Halah Mngt Inc. Which is owned by Arlene and Cary LoveNo$235,632

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$161,983-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“President - Mr. Cary Love and Executive Director - Arlene Love Are Husband and Wife”

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

“Form 990 is reviewed and approved at board meeting”

Form 990, Part VI, Section C, line 18

“requests to review governing documents are made and approved at board meetings”

Form 990, Part VI, Section C, line 19

“Requests to review governing dcouments are made and approved at board meetings”

Form 990, Part VII, Section B. Independent Contractors

“Halah Property Management, Inc Amount changed from $187,7014 to $219,500”

Filing and Contact Details

Filer

Filer Name
Midland Visions 2000
EIN
75-2531526
Phone
4326871438
Address
112 S LORAINE, Midland, TX 79701

Signing Officer

Name
Cary Love
Title
President
Phone
4626871438
Signed
2021-02-27

Organization Details

Principal Officer
Cary Love
Formed
1994
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Fred Allen Jr CPA
Address
907 SOUTH FRIENDSWOOD, FRIENDSWOOD, TX 77546
Phone
7135219805
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consulting: Program service expenses 141250. Management and general expenses 0. Fundraising expenses 0. Total expenses 141250.”

Form 990 Part IX, Line 18

“Occupany Amount Changed from $299,402 to $296,902”

Form 990 Part IX, Line 24 D

“Assitance to Individuals Changed From $1,000 to $3,500”

Raw XML AppendixShowing 400 of 407 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
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0651814
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0545096
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0465500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06896295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01359859
IRS990ScheduleA/Total509Grp/TotalAmt09918564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0651814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0545096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0465500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06896295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01359859
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09918564
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04784713
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0321303
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05106016
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04784713
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0186164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Arlene Love
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0186164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Arlene and Cary Love
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Arlene Love - Executive Director, Cary Love Board President _
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0235632
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Management and Consultant Agreement with Halah Mngt Inc. Which is owned by Arlene and Cary Love
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0161983
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Personal Loan to Arlene and Cary Love
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0180000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Arlene and Cary Love
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Arlene Love - Executive Director, Cary Love - President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0161983
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President - Mr. Cary Love and Executive Director - Arlene Love Are Husband and Wife
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed and approved at board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2requests to review governing documents are made and approved at board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Requests to review governing dcouments are made and approved at board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Consulting: Program service expenses 141250. Management and general expenses 0. Fundraising expenses 0. Total expenses 141250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Halah Property Management, Inc Amount changed from $187,7014 to $219,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Occupany Amount Changed from $299,402 to $296,902
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Assitance to Individuals Changed From $1,000 to $3,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII, Section B. Independent Contractors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990 Part IX, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990 Part IX, Line 24 d
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07467414
IRS990/TotalAssetsEOYAmt07233481
IRS990/TotalAssetsGrp/BOYAmt07467414
IRS990/TotalAssetsGrp/EOYAmt07233481
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0250273
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0916456
IRS990/TotalFunctionalExpensesGrp/TotalAmt01166729
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01637179
IRS990/TotalLiabilitiesEOYAmt01918161
IRS990/TotalLiabilitiesGrp/BOYAmt01637179
IRS990/TotalLiabilitiesGrp/EOYAmt01918161
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05830235
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05315320
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0916456
IRS990/TotalProgramServiceRevenueAmt0573292
IRS990/TotalReportableCompFromOrgAmt0186164
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0651813
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0651813
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07467414
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07233481
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03882
IRS990/TravelGrp/TotalAmt03882
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01212 E Wadley
IRS990/USAddress/CityNm0Midland
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079705
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0none
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cary Love
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04626871438
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Midland Visions 2000
ReturnHeader/Filer/BusinessNameControlTxt0MIDL
ReturnHeader/Filer/EIN0752531526
ReturnHeader/Filer/PhoneNum04326871438
ReturnHeader/Filer/USAddress/AddressLine1Txt0112 S LORAINE
ReturnHeader/Filer/USAddress/CityNm0Midland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760293372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fred Allen Jr CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0907 SOUTH FRIENDSWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRIENDSWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077546
ReturnHeader/PreparerPersonGrp/PhoneNum07135219805

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,233,481
Liabilities
$1,918,161
Net assets
$5,315,320
Revenue
$651,813
Expenses
$1,166,729
Net income
-$514,916
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.57$1.83$3.74$0.77$1.35$0.58
2023Detailed filing. Detailed filing data is available for this year.$6.71$2.36$4.34$0.92$1.28$0.36
2022Detailed filing. Detailed filing data is available for this year.$6.94$2.09$4.84$0.79$1.20$0.41
2021Detailed filing. Detailed filing data is available for this year.$7.43$2.21$5.22$0.93$1.03$0.10
2020Detailed filing. Detailed filing data is available for this year.$7.23$1.92$5.32$0.65$1.17$0.51
2019Detailed filing. Detailed filing data is available for this year.$7.47$1.64$5.83$0.55$1.24$0.69
2018Detailed filing. Detailed filing data is available for this year.$6.97$0.44$6.53$0.47$0.84$0.37
2017Detailed filing. Detailed filing data is available for this year.$7.40$0.51$6.90$6.90$1.16$5.73
2016Detailed filing. Detailed filing data is available for this year.$2.12$0.96$1.16$1.36$1.52$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.35$1.03$1.32$1.92$1.92$0.00
2014Summary only. Only limited summary data is available for this year.$2.17$0.87$1.30$2.05$1.95$0.10
2013Summary only. Only limited summary data is available for this year.$1.34$0.13$1.20$1.79$1.69$0.10
2012Summary only. Only limited summary data is available for this year.$1.31$0.21$1.10$1.48$1.47$0.01
2011Summary only. Only limited summary data is available for this year.$1.32$0.23$1.09$1.34$1.36$0.03