Civic Intelligence

Swmf Properties Inc

EIN 75-2838956 • 501(c)3 • Dallas, TX

Profile

Swmf properties, inc. Acquires, receives, holds, maintains and manages real and personal property donations for the benefit of southwestern medical foundation. The organization's corporate property is used to support the charitable purposes of southwestern medical foundation.

3889 Maple Ave 100Dallas, TX 75219

n/A

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.05x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

6th percentile

-50%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $5M-$10M 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

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-37%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,314,632

Down $1,053,899 (-17%) from 2023

Liabilities

Down

$102,058

Down $65,580 (-39%) from 2023

Net Assets

Down

$5,212,574

Down $988,319 (-16%) from 2023

Revenue

Down

$1,968,965

Down $1,179,621 (-37%) from 2023

Expenses

Down

$2,957,284

Down $3,501,321 (-54%) from 2023

Net Income

Up

-$988,319

Up $2,321,700 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $10,285,861Liabilities 2010: $50,000Net Assets 2010: $10,235,8612010Assets 2011: $12,428,764Liabilities 2011: $812,573Net Assets 2011: $11,616,1912011Assets 2012: $13,104,793Liabilities 2012: $729,699Net Assets 2012: $12,375,0942012Assets 2013: $23,941,472Liabilities 2013: $1,668,382Net Assets 2013: $22,273,0902013Assets 2014: $31,246,900Liabilities 2014: $2,301,979Net Assets 2014: $28,944,9212014Assets 2015: $22,885,772Liabilities 2015: $2,221,764Net Assets 2015: $20,664,0082015Assets 2016: $16,569,012Liabilities 2016: $1,928,896Net Assets 2016: $14,640,1162016Assets 2017: $14,745,147Liabilities 2017: $1,117,141Net Assets 2017: $13,628,0062017Assets 2018: $17,121,189Liabilities 2018: $2,214,764Net Assets 2018: $14,906,4252018Assets 2019: $17,172,037Liabilities 2019: $753,330Net Assets 2019: $16,418,7072019Assets 2020: $11,880,648Liabilities 2020: $584,374Net Assets 2020: $11,296,2742020Assets 2021: $12,303,844Liabilities 2021: $484,182Net Assets 2021: $11,819,6622021Assets 2022: $9,865,752Liabilities 2022: $354,840Net Assets 2022: $9,510,9122022Assets 2023: $6,368,531Liabilities 2023: $167,638Net Assets 2023: $6,200,8932023Assets 2024: $5,314,632Liabilities 2024: $102,058Net Assets 2024: $5,212,5742024

Highlighted filing

2024

Assets$5,314,632
Liabilities$102,058
Net Assets$5,212,574

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $232,6332010Expenses 2011: $1,182,0622011Expenses 2012: $1,300,5452012Revenue 2013: $3,715,050Expenses 2013: $2,042,307Net Income 2013: $1,672,7432013Revenue 2014: $5,456,710Expenses 2014: $4,842,841Net Income 2014: $613,8692014Revenue 2015: $2,796,851Expenses 2015: $3,365,300Net Income 2015: -$568,4492015Revenue 2016: $2,183,274Expenses 2016: $2,939,398Net Income 2016: -$756,1242016Revenue 2017: $2,042,739Expenses 2017: $2,628,067Net Income 2017: -$585,3282017Revenue 2018: $5,379,887Expenses 2018: $5,335,747Net Income 2018: $44,1402018Revenue 2019: $4,779,287Expenses 2019: $3,267,005Net Income 2019: $1,512,2822019Revenue 2020: $2,068,524Expenses 2020: $7,190,956Net Income 2020: -$5,122,4322020Revenue 2021: $3,734,436Expenses 2021: $3,211,048Net Income 2021: $523,3882021Revenue 2022: $4,025,886Expenses 2022: $6,334,636Net Income 2022: -$2,308,7502022Revenue 2023: $3,148,586Expenses 2023: $6,458,605Net Income 2023: -$3,310,0192023Revenue 2024: $1,968,965Expenses 2024: $2,957,284Net Income 2024: -$988,3192024

Highlighted filing

2024

Revenue$1,968,965
Expenses$2,957,284
Net Income-$988,319

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.10$5.21$1.97$2.96$0.99
2023Detailed filing. Detailed filing data is available for this year.$6.37$0.17$6.20$3.15$6.46$3.31
2022Detailed filing. Detailed filing data is available for this year.$9.87$0.35$9.51$4.03$6.33$2.31
2021Detailed filing. Detailed filing data is available for this year.$12.3$0.48$11.8$3.73$3.21$0.52
2020Detailed filing. Detailed filing data is available for this year.$11.9$0.58$11.3$2.07$7.19$5.12
2019Detailed filing. Detailed filing data is available for this year.$17.2$0.75$16.4$4.78$3.27$1.51
2018Detailed filing. Detailed filing data is available for this year.$17.1$2.21$14.9$5.38$5.34$0.04
2017Detailed filing. Detailed filing data is available for this year.$14.7$1.12$13.6$2.04$2.63$0.59
2016Detailed filing. Detailed filing data is available for this year.$16.6$1.93$14.6$2.18$2.94$0.76
2015Detailed filing. Detailed filing data is available for this year.$22.9$2.22$20.7$2.80$3.37$0.57
2014Detailed filing. Detailed filing data is available for this year.$31.2$2.30$28.9$5.46$4.84$0.61
2013Detailed filing. Detailed filing data is available for this year.$23.9$1.67$22.3$3.72$2.04$1.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$0.73$12.4$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$0.81$11.6$1.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.05$10.2$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,968,965
Mission and Program Overview

Mission

Swmf properties, inc. Acquires, receives, holds, maintains and manages real and personal property donations for the benefit of the southwestern medical foundation. The organization's corporate property is used to support the charitable purposes of the southwestern medical foundation.

Swmf properties, inc. Acquires, receives, holds, maintains and manages real and personal property donations for the benefit of southwestern medical foundation. The organization's corporate property is used to support the charitable purposes of southwestern medical foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,241,988$1,304,354▲ $62,366
Savings and Temporary Cash Investments$427,898$399,786▼ $28,112
Accounts Receivable$292,022$398,090▲ $106,068
Land, Buildings, and Equipment, Net$353,497$263,302▼ $90,195
Prepaid Expenses and Deferred Charges$1,679$1,686▲ $7
Total Assets$6,368,531$5,314,632▼ $1,053,899
Other Assets Total$4,051,447$2,947,414▼ $1,104,033
Liabilities
Other Liabilities$139,106$72,605▼ $66,501
Accounts Payable and Accrued Expenses$28,532$29,453▲ $921
Total Liabilities$167,638$102,058▼ $65,580
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,832,388$4,909,855▼ $922,533
Net Assets Without Donor Restrictions$368,505$302,719▼ $65,786
Total Net Assets Fund Balance$6,200,893$5,212,574▼ $988,319
Total Liabilities and Net Assets / Fund Balance$6,368,531$5,314,632▼ $1,053,899

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$263,302$999,424$1,262,726
Other Assets Org$213,598--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,832,388-▲ $1,943,812-$4,909,855
2023$9,436,137-▲ $2,111,462-$5,832,388
2022$10,480,405-▲ $3,996,046-$9,436,137
2021$9,854,979$531,329▲ $3,163,669-$10,480,405
2020$15,039,124$193,748▲ $1,780,156-$9,854,979
Compensation and Service Providers

Board Members and Trustees

NameTitle
David CorriganChairman
Michael McmahanPresident & CEO
David MillerDirector
John B PostonDirector
John PostonDirector
Kip Tindell IiiDirector
Kyle MillerDirector
Leland BurkDirector
Tucker BridwellDirector
Trae HolmesManaging Director of Accounting
Sarah FletcherCFO
Emily DavisCorporate Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$25,153
Other Revenue
$1,943,812
Change in Net Assets
$-988,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$102,620
Revenue Not Reported on Financial Statements
$1,866,345
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$34,916
Total Revenue per Audited Statements
$102,620
Total Revenue per Form 990
$1,968,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,957,284
Grants and Similar Amounts Paid$1,000,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$1,092,840-$1,092,840
Grants to Domestic Orgs$1,000,000--$1,000,000
Fees for Service Investment Mgmnt Fees-$117,893-$117,893
Fees for Services Accounting-$40,634-$40,634
Royalties-$37,800-$37,800
Other Expenses-$34,916-$34,916
Insurance-$10,109-$10,109
Fees for Services Legal-$5,280-$5,280
Total Functional Expenses$1,000,000$1,957,284$0$2,957,284

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,957,284
Expenses Not Reported on Financial Statements$1,866,317
Expenses per Audited Statements$1,090,967
Total Expenses per Audited Statements$1,090,967
Other Expense Adjustments$34,888
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Southwestern Medical FoundationDallas, TX501(c)(3)To Assist in the Study of Causes, Prevention, and Cure of Diseases.$1,000,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of directors has delegated the responsibility of reviewing the tax return to the president.

Form 990, Part VI, Section B, Line 12C

The corporate secretary and president review the conflict of interest/code of conduct statements annually when received.

Form 990, Part VI, Section B, Line 15

The organization does not pay compensation to officers and has no employees, but is related to an organization that does pay compensation to officers and has employees. The related organization determines compensation upon the review and approval by compensation and personnel committees.

Form 990, Part VI, Section C, Line 19

The organization evaluates requests for documents and provides the organizational and governing documents on a case by case basis.

Filing and Contact Details

Filer

Filer Name
Swmf Properties Inc
EIN
75-2838956
Phone
2143516143
Address
3889 MAPLE AVE 100, DALLAS, TX 75219

Signing Officer

Name
Michael Mcmahan
Title
President
Phone
2143516143
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mcmahan
Formed
2001
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Whitley Penn Llp
Address
8343 DOUGLAS AVENUE STE 400, DALLAS, TX 75225
Preparer
Curtis Maxfield
Phone
2143939300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The financial statement reporting oversight process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Gaap requires management to evaluate tax positions taken by swmf properties and recognize a tax liability (or asset) if swmf properties has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by swmf properties and has concluded that as of december 31, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes swmf properties is no longer subject to income tax examination for years prior to 2021.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Unrelated business income tax 34,916.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Unrelated business income tax 34,916. Penalty expense -28.

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

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGING DIRECTOR OF ACCOUNTING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt01000000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01000000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01000000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01968965
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010109
IRS990/InsuranceGrp/TotalAmt010109
IRS990/InvestmentIncomeGrp/ExclusionAmt025153
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025153
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0999424
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0353497
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0263302
IRS990/LandBldgEquipCostOrOtherBssAmt01262726
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SWMF PROPERTIES, INC. ACQUIRES, RECEIVES, HOLDS, MAINTAINS AND MANAGES REAL AND PERSONAL PROPERTY DONATIONS FOR THE BENEFIT OF SOUTHWESTERN MEDICAL FOUNDATION. THE ORGANIZATION'S CORPORATE PROPERTY IS USED TO SUPPORT THE CHARITABLE PURPOSES OF SOUTHWESTERN MEDICAL FOUNDATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06200893
IRS990/NetAssetsOrFundBalancesEOYAmt05212574
IRS990/NetUnrelatedBusTxblIncmAmt0482627
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0368505
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0302719
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04051447
IRS990/OtherAssetsTotalGrp/EOYAmt02947414
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MINERAL EXPENSE
IRS990/OtherExpensesGrp/Desc1UNRELATED BUSINESS INCO
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0617812
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134916
IRS990/OtherExpensesGrp/TotalAmt0617812
IRS990/OtherExpensesGrp/TotalAmt134916
IRS990/OtherLiabilitiesGrp/BOYAmt0139106
IRS990/OtherLiabilitiesGrp/EOYAmt072605
IRS990/OtherRevenueMiscGrp/BusinessCd0211100
IRS990/OtherRevenueMiscGrp/Desc0OIL & GAS REVENUE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01225877
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01225877
IRS990/OtherRevenueTotalAmt01225877
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01679
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01686
IRS990/PrincipalOfficerNm0MICHAEL MCMAHAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04200000
IRS990/PYInvestmentIncomeAmt01053745
IRS990/PYOtherExpensesAmt02258605
IRS990/PYOtherRevenueAmt02094841
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3310019
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06458605
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03148586
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-988319
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt037800
IRS990/RoyaltiesGrp/TotalAmt037800
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0717935
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0717935
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0427898
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0399786
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0750945939
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01000000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTHWESTERN MEDICAL FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01000000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01866345
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05832388
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04909855
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01000000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01943812
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02218810
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt09436137
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05832388
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03496401
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02111462
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02532779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010480405
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt09436137
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02507535
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03996046
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02535207
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09854979
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0531329
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010480405
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0534365
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03163669
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02598830
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt015039124
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0193748
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09854979
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt04559219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01780156
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0263302
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0999424
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01262726
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01866317
IRS990ScheduleD/ExpensesSubtotalAmt01090967
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt072605
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01831429
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01831429
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02733816
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1213598
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OIL AND GAS ROYALTY INTERESTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FEDERAL INCOME TAX RECEIVABLE
IRS990ScheduleD/OtherExpensesNotIncludedAmt034888
IRS990ScheduleD/OtherRevenuesNotIncludedAmt034916
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01866345
IRS990ScheduleD/RevenueSubtotalAmt0102620
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY SWMF PROPERTIES AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF SWMF PROPERTIES HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY SWMF PROPERTIES AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES SWMF PROPERTIES IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNRELATED BUSINESS INCOME TAX 34,916.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UNRELATED BUSINESS INCOME TAX 34,916. PENALTY EXPENSE -28.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0263302
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02947414
IRS990ScheduleD/TotalExpensesPerForm990Amt02957284
IRS990ScheduleD/TotalLiabilityAmt072605
IRS990ScheduleD/TotalRevenuePerForm990Amt01968965
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0102620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01090967
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01000000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST IN THE STUDY OF CAUSES, PREVENTION, AND CURE OF DISEASES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTHWESTERN MEDICAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0750945939
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03889 MAPLE AVE SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075219
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION THOROUGHLY REVIEWS AND APPROVES THE USE OF GRANT FUNDS MADE TO SOUTHWESTERN MEDICAL FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt047307

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