Civic Intelligence

Sweetwater Industrial Foundation

EIN 75-6022517 • 501(c)6 • Sweetwater, TX

Profile

NONE

PO Box 1148Sweetwater, TX 79556

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-9237%

Higher net margin than 1% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-100%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

21%

Faster revenue growth than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $541,054 (-100%) from 2019

Liabilities

Down

$0

Down $515 (-100%) from 2019

Net Assets

Down

$0

Down $540,539 (-100%) from 2019

Operations
Liabilities / Revenue50th percentileNet Margin1st percentile

Revenue

Up

$5,852

Up $1,030 (+21%) from 2019

Expenses

Up

$546,392

Up $538,928 (+7220%) from 2019

Net Income

Down

-$540,540

Down $537,898 (-20360%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$600K$400K$200K$0Assets 2010: $539,585Liabilities 2010: $4,938Net Assets 2010: $534,6472010Assets 2011: $540,872Liabilities 2011: $1,750Net Assets 2011: $539,1222011Assets 2012: $541,761Liabilities 2012: $515Net Assets 2012: $541,2462012Assets 2013: $543,012Liabilities 2013: $515Net Assets 2013: $542,4972013Assets 2014: $543,339Liabilities 2014: $515Net Assets 2014: $542,8242014Assets 2015: $543,083Liabilities 2015: $515Net Assets 2015: $542,5682015Assets 2016: $544,859Liabilities 2016: $1,705Net Assets 2016: $543,1542016Assets 2017: $543,433Liabilities 2017: $515Net Assets 2017: $542,9182017Assets 2018: $543,695Liabilities 2018: $515Net Assets 2018: $543,1802018Assets 2019: $541,054Liabilities 2019: $515Net Assets 2019: $540,5392019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue Growth77th percentile

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $18,1722010Expenses 2011: $3,8592011Expenses 2012: $3,4432012Expenses 2013: $3,1732013Revenue 2014: $2,728Expenses 2014: $2,401Net Income 2014: $3272014Revenue 2015: $3,004Expenses 2015: $3,260Net Income 2015: -$2562015Revenue 2016: $3,553Expenses 2016: $2,966Net Income 2016: $5872016Revenue 2017: $3,157Expenses 2017: $3,204Net Income 2017: -$472017Revenue 2018: $3,523Expenses 2018: $3,260Net Income 2018: $2632018Revenue 2019: $4,822Expenses 2019: $7,464Net Income 2019: -$2,6422019Revenue 2020: $5,852Expenses 2020: $546,392Net Income 2020: -$540,5402020

Highlighted filing

2020

Revenue$5,852
Expenses$546,392
Net Income-$540,540
Open 2020 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$5,852
Expenses
$546,392
Net income
-$540,540
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.06$5.46$5.41
2019Detailed filing. Detailed filing data is available for this year.$5.41$0.01$5.41$0.05$0.07$0.03
2018Detailed filing. Detailed filing data is available for this year.$5.44$0.01$5.43$0.04$0.03$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.43$0.01$5.43$0.03$0.03$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.45$0.02$5.43$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$5.43$0.01$5.43$0.03$0.03$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.43$0.01$5.43$0.03$0.02$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$0.01$5.42$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$0.01$5.41$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$0.02$5.39$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$0.05$5.35$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Nov 21, 2020
Return Version
2019v5.1
Gross Receipts
$5,852
Mission and Program Overview

Mission

NONE

Promoting economic development in sweetwater

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$538,543$0▼ $538,543
Cap Stk Tr Prin Current Funds$279,357$0▼ $279,357
Rtn Earn Endowment Incm Other Fnds$261,182$0▼ $261,182
Land, Buildings, and Equipment, Net$2,511$0▼ $2,511
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$541,054$0▼ $541,054
Other Assets Total-$0-
Liabilities
Other Liabilities$515$0▼ $515
Total Liabilities$515$0▼ $515
Net Assets / Fund Balance
Total Net Assets Fund Balance$540,539$0▼ $540,539
Total Liabilities and Net Assets / Fund Balance$541,054$0▼ $541,054
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Walt MayPresident
Rodney FosterVP, Sec, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,100
Investment Income
$3,752
Other Revenue
$0
Change in Net Assets
$-540,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$544,474
Other Expenses$1,918
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$544,474
Fees for Services Accounting---$1,400
Depreciation Depletion---$518
Total Functional Expenses$0$0$0$546,392
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nolan County Foundation Community Fdn of AbileneSweetwater, TX-In the Dissolution All Remaining Funds Will Be Distributed to Nolan County Foundation, a Texas Non Profit Corporation, With a Mission Similar in Purposes to Those of Sweetwater Industrial Foundation.$477,995
National Wasp Wwii MuseumSweetwater, TX-For Construction of and Furnishing of a Boardroom on the Museum Campus.$50,000
Rolling Plains Drug Court FoundationSweetwater, TX-Non Restricted Funds for a Non-profit Corporation.$15,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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 4

“An agreement of board of directors of sweetwater industrial foundation, inc. For winding down corporation was completed and signed by by the board of directors.”

Form 990, Part VI, Section A, Line 6

“Members are required to purchase a $100 membership”

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

“Directors of the industrial foundation are elected by a vote of the members”

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

“The tax return is provided to the directors before it is signed and submitted to the irs”

Form 990, Part VI, Section C, Line 19

“The organization documents are available to the public at the office of the sweetwater industrial foundation at 810 east broadway, sweetwater texas”

Filing and Contact Details

Filer

Filer Name
Sweetwater Industrial Foundation
EIN
75-6022517
Phone
3252355488
Address
PO BOX 1148, SWEETWATER, TX 79556

Signing Officer

Name
Walt May
Title
President
Phone
3252354997
Signed
2020-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walt May
Formed
1962
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Richard a Bowman CPA
Address
111 EAST THIRD SUITE A, SWEETWATER, TX 79556
Preparer
Richard Bowman
Phone
3252354974
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Sweetwater industiral foundation inc has fulfilled the purposes and tasks of the original formation for over 50 years. The dissolution and distribution will be conveyed to another non profit organization with similar mission.”

FORM 990, PART XI, LINE 9:

“ROUNDING 1.”

Raw XML Appendix369 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTING ECONOMIC DEVELOPMENT IN SWEETWATER
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KAREN HUNT
IRS990/BooksInCareOfDetail/PhoneNum03252355488
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0810 E BROADWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0SWEETWATER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079556
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0279357
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0544474
IRS990/CYInvestmentIncomeAmt03752
IRS990/CYOtherExpensesAmt01918
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02100
IRS990/CYRevenuesLessExpensesAmt0-540540
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0546392
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05852
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0518
IRS990/Desc0PROMOTING ECONOMIC DEVELOPMENT IN SWEETWATER BY AIDING EXISTING BUSINESS AND ATTRACTING NEW INDUSTRY MARKETING, ADVERTISING, PROVIDING BUILDINGS TO RENT AND TRACTS OF LAND FOR SALE
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt01400
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0RODNEY FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm1WALT MAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0VP, SEC, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt02500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0544474
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02500
IRS990/GrossReceiptsAmt05852
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01252
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01252
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02511
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0540539
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherLiabilitiesGrp/BOYAmt0515
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0WALT MAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0HANGAR RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt02500
IRS990/PYInvestmentIncomeAmt02722
IRS990/PYOtherExpensesAmt04964
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02100
IRS990/PYRevenuesLessExpensesAmt0-2642
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt07464
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04822
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-540540
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0261182
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0538543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt2477995
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01479
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0LEASEHOLD IMPROVEMENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR CONSTRUCTION OF AND FURNISHING OF A BOARDROOM ON THE MUSEUM CAMPUS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1NON RESTRICTED FUNDS FOR A NON-PROFIT CORPORATION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2IN THE DISSOLUTION ALL REMAINING FUNDS WILL BE DISTRIBUTED TO NOLAN COUNTY FOUNDATION, A TEXAS NON PROFIT CORPORATION, WITH A MISSION SIMILAR IN PURPOSES TO THOSE OF SWEETWATER INDUSTRIAL FOUNDATION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL WASP WWII MUSEUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ROLLING PLAINS DRUG COURT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NOLAN COUNTY FOUNDATION COMMUNITY FDN OF ABILENE
IRS990ScheduleI/RecipientTable/RecipientEIN0262326843
IRS990ScheduleI/RecipientTable/RecipientEIN1843128412
IRS990ScheduleI/RecipientTable/RecipientEIN2752045832
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0210 AVENGER FIELD RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 192
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 237
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SWEETWATER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SWEETWATER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SWEETWATER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079556
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179556
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd279556
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH, CERTIFICATES OF DEPOSIT, LEASEHOLD IMPROVEMENTS.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0NOLAN COUNTY FOUNDATION COMMUNITY FDN OF ABILENE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-01-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0752045832
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0479474
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH AND CERTIFICATES OF DEPOSIT - DOLLAR AMOUNT.LEASEHOLD IMPROVEMENTS - BOOK VALUE.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 237
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SWEETWATER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd079556
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SWEETWATER INDUSTIRAL FOUNDATION INC HAS FULFILLED THE PURPOSES AND TASKS OF THE ORIGINAL FORMATION FOR OVER 50 YEARS. THE DISSOLUTION AND DISTRIBUTION WILL BE CONVEYED TO ANOTHER NON PROFIT ORGANIZATION WITH SIMILAR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN AGREEMENT OF BOARD OF DIRECTORS OF SWEETWATER INDUSTRIAL FOUNDATION, INC. FOR WINDING DOWN CORPORATION WAS COMPLETED AND SIGNED BY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE REQUIRED TO PURCHASE A $100 MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS OF THE INDUSTRIAL FOUNDATION ARE ELECTED BY A VOTE OF THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TAX RETURN IS PROVIDED TO THE DIRECTORS BEFORE IT IS SIGNED AND SUBMITTED TO THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE OFFICE OF THE SWEETWATER INDUSTRIAL FOUNDATION AT 810 EAST BROADWAY, SWEETWATER TEXAS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0PUBLIC MEMBERSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1PUBLIC MEMBERSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SWEETWATER CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SWEETWATER IMPROVEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751180340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1751736626
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CIVIC CHARITABLE ORGANIZATION TO OWN PROPERTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0810 E BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1810 E BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SWEETWATER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SWEETWATER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079556
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd179556
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0541054
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0541054
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0546392
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0515
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0515
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0540539
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0541054
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0810 E BROADWAY
IRS990/USAddress/CityNm0SWEETWATER
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079556
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALT MAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03252354997
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SWEETWATER INDUSTRIAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SWEE
ReturnHeader/Filer/EIN0756022517
ReturnHeader/Filer/PhoneNum03252355488
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1148
ReturnHeader/Filer/USAddress/CityNm0SWEETWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079556
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05663730D5EA44921D2703EA170A085AE688F13F9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId073048CDC5CA3D9635260284EB82E01F4876E5D93
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.76.78.138
ReturnHeader/FilingSecurityInformation/IPDt02020-11-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:56:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751670857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARD A BOWMAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 EAST THIRD SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SWEETWATER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079556
ReturnHeader/PreparerPersonGrp/PhoneNum03252354974
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD BOWMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-12-02T09:03:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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