Civic Intelligence

Big Spring Area Community Foundation Inc.

990 • Fiscal year 2020 • EIN 75-2970373

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

PO Box 2007Big Spring, TX 79721-2007

(432) 263-7676

Siviq Scores

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

Liabilities / Assets

48th percentile

0.20x

Higher debt load relative to assets than 48% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

1.40x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

79th percentile

25%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

298%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$15,187,977

Up $3,038,685 (+25%) from 2019

Net Assets

Up

$12,097,567

Up $2,718,589 (+29%) from 2019

Liabilities

Up

$3,090,410

Up $320,096 (+12%) from 2019

Revenue

Up

$2,212,144

Up $1,656,662 (+298%) from 2019

Expenses

Up

$572,429

Up $46,219 (+8.8%) from 2019

Net Income

Up

$1,639,715

Up $1,610,443 (+5502%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $496,085Liabilities 2010: $148,615Net Assets 2010: $347,4702010Assets 2011: $481,395Liabilities 2011: $136,259Net Assets 2011: $345,1362011Assets 2012: $1,608,609Liabilities 2012: $1,221,283Net Assets 2012: $387,3262012Assets 2013: $3,728,705Liabilities 2013: $1,334,533Net Assets 2013: $2,394,1722013Assets 2014: $3,777,791Liabilities 2014: $1,350,449Net Assets 2014: $2,427,3422014Assets 2015: $5,120,042Liabilities 2015: $1,304,451Net Assets 2015: $3,815,5912015Assets 2016: $6,258,463Liabilities 2016: $1,358,202Net Assets 2016: $4,900,2612016Assets 2017: $9,472,478Liabilities 2017: $1,503,927Net Assets 2017: $7,968,5512017Assets 2018: $9,538,732Liabilities 2018: $1,373,107Net Assets 2018: $8,165,6252018Assets 2019: $12,149,292Liabilities 2019: $2,770,314Net Assets 2019: $9,378,9782019Assets 2020: $15,187,977Liabilities 2020: $3,090,410Net Assets 2020: $12,097,5672020Assets 2021: $18,314,295Liabilities 2021: $3,473,337Net Assets 2021: $14,840,9582021Assets 2022: $16,257,242Liabilities 2022: $2,745,645Net Assets 2022: $13,511,5972022Assets 2023: $19,134,401Liabilities 2023: $5,825,527Net Assets 2023: $13,308,8742023Assets 2024: $21,571,654Liabilities 2024: $3,193,889Net Assets 2024: $18,377,7652024

Highlighted filing

2020

Assets$15,187,977
Liabilities$3,090,410
Net Assets$12,097,567

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2010: $51,017Expenses 2010: $12,879Net Income 2010: $38,1382010Revenue 2011: $39,533Expenses 2011: $25,189Net Income 2011: $14,3442011Revenue 2012: $28,742Expenses 2012: $21,856Net Income 2012: $6,8862012Revenue 2013: $1,953,962Expenses 2013: $19,838Net Income 2013: $1,934,1242013Revenue 2014: $145,974Expenses 2014: $77,254Net Income 2014: $68,7202014Revenue 2015: $1,690,231Expenses 2015: $94,383Net Income 2015: $1,595,8482015Revenue 2016: $1,120,936Expenses 2016: $178,023Net Income 2016: $942,9132016Revenue 2017: $2,664,748Expenses 2017: $199,707Net Income 2017: $2,465,0412017Revenue 2018: $1,485,878Expenses 2018: $341,780Net Income 2018: $1,144,0982018Revenue 2019: $555,482Expenses 2019: $526,210Net Income 2019: $29,2722019Revenue 2020: $2,212,144Expenses 2020: $572,429Net Income 2020: $1,639,7152020Revenue 2021: $1,332,543Expenses 2021: $556,857Net Income 2021: $775,6862021Revenue 2022: $2,326,957Expenses 2022: $793,190Net Income 2022: $1,533,7672022Revenue 2023: $2,004,612Expenses 2023: $860,769Net Income 2023: $1,143,8432023Revenue 2024: $1,411,596Expenses 2024: $583,229Net Income 2024: $828,3672024

Highlighted filing

2020

Revenue$2,212,144
Expenses$572,429
Net Income$1,639,715
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.1
Gross Receipts
$2,736,314
Mission and Program Overview

Mission

Receive gifts, bequests and donations to be held as endowments that will provide charitable, cultural and educational benefits to the big spring and howard county areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,472,207$13,485,949▲ $2,013,742
Cash and Non-Interest-Bearing Accounts$150,649$1,050,000▲ $899,351
Savings and Temporary Cash Investments$525,832$646,028▲ $120,196
Prepaid Expenses and Deferred Charges$604$6,000▲ $5,396
Total Assets$12,149,292$15,187,977▲ $3,038,685
Liabilities
Escrow Account Liability$2,769,135$3,089,238▲ $320,103
Accounts Payable and Accrued Expenses$1,179$1,172▼ $7
Total Liabilities$2,770,314$3,090,410▲ $320,096
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,162,142$11,830,547▲ $2,668,405
Net Assets Without Donor Restrictions$216,836$267,020▲ $50,184
Total Net Assets Fund Balance$9,378,978$12,097,567▲ $2,718,589
Total Liabilities and Net Assets / Fund Balance$12,149,292$15,187,977▲ $3,038,685

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$9,285,221$1,814,593▲ $1,442,943-$11,980,927
2019$8,081,568$71,494▲ $1,641,971-$9,285,221
2018$7,968,043$924,590▼ $402,344-$8,081,568
2017$4,914,663$2,272,042▲ $987,272-$7,968,043
2016$3,806,482$935,877▲ $318,184-$4,914,663
Compensation and Service Providers

Board Members and Trustees

NameTitle
Drew MoutonPresident
Tommy ChurchwellVice President
Bobby McdonaldDirector
Diane WoodDirector
Jan ForesythDirector
Jim LittleDirector
Leslie Elrod-hobbsDirector
Maureen HaddadDirector
Richard SteelDirector
Robert L CrownoverDirector
VacantDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,848,075
Program Service Revenue
$0
Investment Income
$364,069
Other Revenue
$0
All Other Contributions
$1,843,175
Change in Net Assets
$1,639,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$437,834
Salaries, Compensation, and Employee Benefits$113,033
Other Expenses$21,562
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$437,834--$437,834
Current Officers, Directors, Trustees, and Key Employees-$105,000-$105,000
Occupancy-$9,909-$9,909
Payroll Taxes-$8,033-$8,033
Fees for Services Accounting-$4,400-$4,400
Conferences and Meetings-$2,766-$2,766
Office Expenses-$1,978-$1,978
Information Technology-$1,663-$1,663
Other Expenses-$846-$846
Total Functional Expenses$437,834$134,595$0$572,429
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Big SpringBig Spring, TX-Operations$49,542
ST MARY'S EPISCOPAL CHURCHBig Spring, TX501 (c) (3)Operations$45,231
Big Spring IsdBig Spring, TX501 (c) (3)Scholarship$27,470
Texas Tech UniversityLubbock, TX-Scholarship$11,000
Howard County Volunteer Fire DeptBig Spring, TX-Operations$10,000
Howard County Junior CollegeBig Spring, TX-Scholarship$6,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of the foundation include those that pay a $100 annual fee and those establishing a fund with a minimum balance of $10,000.

Form 990, Part VI, Section A, Line 7A

Members elect the directors as their terms expire. Officers are elected by the directors.

Form 990, Part VI, Section A, Line 7B

Only amendment of the bylaws requires approval of the members. All other governing decisions are made by the directors.

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

The foundation president reviews form 990 with the preparer. After their review, a copy is distributed to each member of the governing body for review and acceptance before filing.

Form 990, Part VI, Section C, Line 19

The foundation's monthly financial statements, annual financials, governing documents and form 990 are available to the public throughout the year on a request basis. The foundation holds an annual meeting open to the public to present the financial statements, management's annual report and discuss other items as necessary including foundation governance. Form 990 and most recent audit report are available for inspection on the foundation website.

Filing and Contact Details

Filer

Filer Name
Big Spring Area Community Foundation Inc
EIN
75-2970373
Phone
4322637676
Address
PO BOX 2007, BIG SPRING, TX 79721-2007

Signing Officer

Name
Drew Mouton
Title
President
Phone
4322637676
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Mouton
Formed
2001
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
0

Preparer

Firm
Lee Reynolds Welch & Co Pc
Address
417 MAIN ST, BIG SPRING, TX 79720
Preparer
James a Welch
Phone
4322675293
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The foundation has adopted sfas 136 which establishes standards for reporting by a community foundation that accepts donations for a not-for-profit organization. The foundation must account for the transfer as a liability. At december 31, 2020, the foundation was owner of $3,089,238 of such funds.

PART V, LINE 4:

Funding of charitable, cultural and educational programs through established public charities and governmental entities in big spring and howard county, texas.

Raw XML AppendixShowing 400 of 499 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.

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IRS990/PrincipalOfficerNm0DREW MOUTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EXEMPT CIVIC AND RELIGIOUS ORGANIZATIONS: 66 LOCAL COVID RELIEF GRANTS $264,000CITY OF BIG SPRING 49,542ST. MARY'S EPISCOPAL CHURCH 45,232HOWARD CO VOLUNTEER FIRE DEPT 10,000CANTERBURY RETIREMENT HOMES 3,840FIRST UNITED METHODIST CHURCH 2,500 UNITED WAY OF HOWARD COUNTY 1,500
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0376614
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0376614
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt097593
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0408098
IRS990/PYInvestmentIncomeAmt0457889
IRS990/PYOtherExpensesAmt042757
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt029272
IRS990/PYSalariesCompEmpBnftPaidAmt075355
IRS990/PYTotalExpensesAmt0526210
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0555482
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01639715
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0525832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0646028
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/FactsAndCircumstancesTestTxt0ALL FUNDS SUBJECT TO GOVERNING BY-LAWS.GOVERNING BODY REPRESENTS BROAD INTEREST OF COMMUNITY AND IS SELECTED BY VOTING MEMBERS. A VOTING MEMBER "ASSOCIATE" IS ANYONE GIVING $100 OR MORE TO FOUNDATION.ANNUAL FINANCIAL REPORT INCLUDES ALL FUNDS OF THE ORGANIZATION.SUBSTANTIALLY MORE THAN 10% OF TOTAL SUPPORT QUALIFIES AS "PUBLIC SUPPORT", THEREBY MAKING ENTITY ELIGIBLE FOR CONSIDERATION UNDER FACTS AND CURCUMSTANCE TEST.PUBLIC SUPPORT HAS NEVER BEEN BELOW 20%.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: DATE: 12/15/20 AMOUNT: 1702240.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1TAXPAYER RECEIVED ADVANCE DETERMINATION FROM THE NATIONAL OFFICE OF INTERNAL REVENUE SERVICE ON OCTOBER 20, 2017, THAT A POTENTIAL CONTRIBUTION CONSTITUTES AN "UNUSAL GRANT". AMOUNT RECEIVED THIS YEAR 1,702,240.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II SECTION A LINE 1 GIFTS, GRANTS AND CONTIBUTIONS
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0112353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt099583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0376680
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0146025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0167164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0149344
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0110458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt075397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0648388
IRS990ScheduleA/PublicSupportCY170Pct00.32450
IRS990ScheduleA/PublicSupportPY170Pct00.33230
IRS990ScheduleA/PublicSupportTotal170Amt0332682
IRS990ScheduleA/SubstantialContributorsTotAmt043998
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0112353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt099583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt089400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034486
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0376680
IRS990ScheduleA/TotalSupportAmt01025068
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AdditionsDuringYearAmt0423938
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt02769135
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.01255
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0123996
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt09285221
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01814593
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011980927
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0437834
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01442943
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0101714
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08081568
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt071494
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt09285221
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0408098
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01641971
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt080759
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07968043
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0924590
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08081568
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0327962
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-402344
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt034483
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04914663
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02272042
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07968043
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0171451
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0987272
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt019033
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03806482
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0935877
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04914663
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0126847
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0318184
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DistributionsDuringYearAmt0103835
IRS990ScheduleD/DonorAdvisedFundsContriAmt00
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt02041
IRS990ScheduleD/DonorAdvisedFundsHeldCnt03
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0137719
IRS990ScheduleD/EndingBalanceAmt03089238
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FundsAndOtherAccountsContriAmt01843175
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt0435793
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt022
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt011843208
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.98057
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS ADOPTED SFAS 136 WHICH ESTABLISHES STANDARDS FOR REPORTING BY A COMMUNITY FOUNDATION THAT ACCEPTS DONATIONS FOR A NOT-FOR-PROFIT ORGANIZATION. THE FOUNDATION MUST ACCOUNT FOR THE TRANSFER AS A LIABILITY. AT DECEMBER 31, 2020, THE FOUNDATION WAS OWNER OF $3,089,238 OF SUCH FUNDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDING OF CHARITABLE, CULTURAL AND EDUCATIONAL PROGRAMS THROUGH ESTABLISHED PUBLIC CHARITIES AND GOVERNMENTAL ENTITIES IN BIG SPRING AND HOWARD COUNTY, TEXAS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00688
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt027470
IRS990ScheduleI/RecipientTable/CashGrantAmt145231
IRS990ScheduleI/RecipientTable/CashGrantAmt249542
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt511000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C) (3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SCHOLARSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BIG SPRING ISD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ST MARY'S EPISCOPAL CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CITY OF BIG SPRING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HOWARD COUNTY JUNIOR COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4HOWARD COUNTY VOLUNTEER FIRE DEPT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5TEXAS TECH UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0756000188
IRS990ScheduleI/RecipientTable/RecipientEIN1756004916
IRS990ScheduleI/RecipientTable/RecipientEIN2756000462
IRS990ScheduleI/RecipientTable/RecipientEIN3756001827
IRS990ScheduleI/RecipientTable/RecipientEIN4752775060
IRS990ScheduleI/RecipientTable/RecipientEIN5756002622
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0705 E 11TH PL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11001 S GOLIAD ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2310 NOLAN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31001 BIRDWELL LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 2877
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52625 MEMORIAL CIRCLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BIG SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BIG SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BIG SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm3BIG SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BIG SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm5LUBBOCK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079720
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179720
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd279720

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.6$3.19$18.4$1.41$0.58$0.83
2023Summary only. Only limited summary data is available for this year.$19.1$5.83$13.3$2.00$0.86$1.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$2.75$13.5$2.33$0.79$1.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$3.47$14.8$1.33$0.56$0.78
2020Detailed filing. Detailed filing data is available for this year.$15.2$3.09$12.1$2.21$0.57$1.64
2019Summary only. Only limited summary data is available for this year.$12.1$2.77$9.38$0.56$0.53$0.03
2018Summary only. Only limited summary data is available for this year.$9.54$1.37$8.17$1.49$0.34$1.14
2017Summary only. Only limited summary data is available for this year.$9.47$1.50$7.97$2.66$0.20$2.47
2016Summary only. Only limited summary data is available for this year.$6.26$1.36$4.90$1.12$0.18$0.94
2015Summary only. Only limited summary data is available for this year.$5.12$1.30$3.82$1.69$0.09$1.60
2014Summary only. Only limited summary data is available for this year.$3.78$1.35$2.43$0.15$0.08$0.07
2013Summary only. Only limited summary data is available for this year.$3.73$1.33$2.39$1.95$0.02$1.93
2012Summary only. Only limited summary data is available for this year.$1.61$1.22$0.39$0.03$0.02$0.01
2011Summary only. Only limited summary data is available for this year.$0.48$0.14$0.35$0.04$0.03$0.01
2010Summary only. Only limited summary data is available for this year.$0.50$0.15$0.35$0.05$0.01$0.04