Civic Intelligence

Franklin Ovid Birmingham Trust 2

990 • Fiscal year 2023 • EIN 75-6363067

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 06, 2024

P O Box 546Wylie, TX 75098

(214) 533-0351

Siviq Scores

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

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.59x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

10th percentile

-33%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$198,252

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 134.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

31st percentile

-1.4%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-51%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,924,451

Down $55,798 (-1.4%) from 2022

Net Assets

Down

$3,689,817

Down $48,848 (-1.3%) from 2022

Liabilities

Down

$234,634

Down $6,950 (-2.9%) from 2022

Revenue

Down

$147,271

Down $156,075 (-51%) from 2022

Expenses

Down

$196,117

Down $8,177 (-4.0%) from 2022

Net Income

Down

-$48,846

Down $147,898 (-149%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,438,382Liabilities 2010: $305,277Net Assets 2010: $4,133,1052010Assets 2011: $4,478,105Liabilities 2011: $304,801Net Assets 2011: $4,173,3042011Assets 2012: $4,576,572Liabilities 2012: $85,684Net Assets 2012: $4,490,8882012Assets 2013: $4,866,911Liabilities 2013: $83,298Net Assets 2013: $4,783,6132013Assets 2014: $4,800,412Liabilities 2014: $82,010Net Assets 2014: $4,718,4022014Assets 2015: $4,687,291Liabilities 2015: $77,762Net Assets 2015: $4,609,5292015Assets 2016: $3,759,650Liabilities 2016: $57,862Net Assets 2016: $3,701,7882016Assets 2017: $3,758,201Liabilities 2017: $51,506Net Assets 2017: $3,706,6952017Assets 2018: $3,735,791Liabilities 2018: $47,118Net Assets 2018: $3,688,6732018Assets 2019: $3,930,067Liabilities 2019: $268,474Net Assets 2019: $3,661,5932019Assets 2020: $3,971,095Liabilities 2020: $257,431Net Assets 2020: $3,713,6642020Assets 2021: $3,889,196Liabilities 2021: $249,582Net Assets 2021: $3,639,6142021Assets 2022: $3,980,249Liabilities 2022: $241,584Net Assets 2022: $3,738,6652022Assets 2023: $3,924,451Liabilities 2023: $234,634Net Assets 2023: $3,689,8172023Assets 2024: $3,693,761Liabilities 2024: $7,785Net Assets 2024: $3,685,9762024

Highlighted filing

2023

Assets$3,924,451
Liabilities$234,634
Net Assets$3,689,817

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $125,8882010Revenue 2011: $173,814Expenses 2011: $132,883Net Income 2011: $40,9312011Expenses 2012: $168,8752012Revenue 2013: $386,136Expenses 2013: $93,413Net Income 2013: $292,7232013Revenue 2014: $251,827Expenses 2014: $317,041Net Income 2014: -$65,2142014Revenue 2015: $99,667Expenses 2015: $208,540Net Income 2015: -$108,8732015Revenue 2016: $264,208Expenses 2016: $156,650Net Income 2016: $107,5582016Revenue 2017: $183,094Expenses 2017: $178,188Net Income 2017: $4,9062017Revenue 2018: $161,514Expenses 2018: $175,641Net Income 2018: -$14,1272018Revenue 2019: $171,953Expenses 2019: $199,032Net Income 2019: -$27,0792019Revenue 2020: $256,540Expenses 2020: $204,469Net Income 2020: $52,0712020Revenue 2021: $127,532Expenses 2021: $201,580Net Income 2021: -$74,0482021Revenue 2022: $303,346Expenses 2022: $204,294Net Income 2022: $99,0522022Revenue 2023: $147,271Expenses 2023: $196,117Net Income 2023: -$48,8462023Revenue 2024: $195,956Expenses 2024: $204,221Net Income 2024: -$8,2652024

Highlighted filing

2023

Revenue$147,271
Expenses$196,117
Net Income-$48,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 6, 2024
Return Version
2023v5.1
Gross Receipts
$1,576,296
Mission and Program Overview

Mission

Make contributions to WISD to be used for the upkeep and betterment of teaching advanced American History and Chemistry in WISD,

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,738,665$3,689,817▼ $48,848
Investments in Publicly Traded Securities$1,557,248$1,886,144▲ $328,896
Other Notes and Loans Receivable, Net$863,501$863,181▼ $320
Land, Buildings, and Equipment, Net$858,052$859,102▲ $1,050
Savings and Temporary Cash Investments$672,356$279,689▼ $392,667
Cash and Non-Interest-Bearing Accounts$28,095$35,759▲ $7,664
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,980,249$3,924,451▼ $55,798
Other Assets Total$997$576▼ $421
Liabilities
Mortgage Notes Payable Secured by Investment Property$223,139$223,139→ $0
Deferred Revenue$18,130$11,495▼ $6,635
Accounts Payable and Accrued Expenses$315--
Total Liabilities$241,584$234,634▼ $6,950
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,738,665$3,689,817▼ $48,848
Total Liabilities and Net Assets / Fund Balance$3,980,249$3,924,451▼ $55,798

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$789,610$150,523$940,133
Other Land Buildings$3,119$3,057$6,176
Land$66,373--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon LewisExecutive DirecPT$35,607$1,169$36,776

Board Members and Trustees

NameTitle
Matthew PorterChairman
Adam LeggettTrustee
Betty Lutz-BlackTrustee
Bob GrafTrustee
Ben BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$144,654
Other Revenue
$2,617
Change in Net Assets
$-48,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$120,575
Salaries, Compensation, and Employee Benefits$39,135
Other Expenses$36,407
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$120,575--$120,575
Current Officers, Directors, Trustees, and Key Employees$11,751$23,856-$35,607
Fees for Service Investment Mgmnt Fees-$18,750-$18,750
Fees for Services Accounting$1,989$4,038-$6,027
Occupancy$1,382$2,806-$4,188
Depreciation Depletion$873$1,773-$2,646
Payroll Taxes$778$1,581-$2,359
Insurance$589$1,197-$1,786
Other Employee Benefits$386$783-$1,169
Other Expenses$109$220-$329
Travel$60$121-$181
Office Expenses$52$107-$159
All Other Expenses$50$104-$154
Total Functional Expenses$138,978$57,139$0$196,117
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wylie Independent School DistrictWylie, TX-Educational support$120,575
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

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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 1A

There are no committees and therefore no board authority delegated to any committee. The Mayor of the city of Wylie is the Board Chairman. The Mayor has no vote except in the case of a tie.

Form 990, Part VI, Section A, Line 8B

The Executive Director documents the Board meetings contemporaneously in written minutes that are prepared and presented to the Board at the next meeting for approval. There are no committees, so there are no minutes for any committees (8b).

Form 990, Part VI, Section B, Line 10B

See Schedule R, part VII, page 5 for further explanation. Birmingham Land Trust #1 and taxpayer, Birmingham Land Trust #2, are affiliated by the fact that their assets, income and expenses are commingled and have been since the establishment of Trust #2. The Trusts also have the same Board as designated in the Trust documents. There are not separate written policies other than the Trust documents and the court orders specifying the ownership of the Trust assets as further described in Schedule R.The trust documents for the separate Trusts specify which programs at WISD each specific Trust is required to support. Trust #2's contributions are limited to the benefit of classes in the areas of American history and chemistry. Trust #1's contributions are limited to the benefit of classes in the areas of manual training and domestic economy. When the annual contributions are made the executive director and the Board send directions to Wylie Independent School District (WISD) to document how the contributions are to be used. WISD reports the expenditures to the Trusts on a monthly and annual basis to demonstrate compliance with the donation restrictions.

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

Form 990 is presented to Treasurer for review prior to filing.

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

Board members and key employees are required to sign a conflict of interest policy on an annual basis.

Form 990, Part VI, Section C, Line 19

Disclosure of documents and policies are made upon request as required by state and federal law.

Filing and Contact Details

Filer

Filer Name
Birmingham Trust 2
EIN
75-6363067
Phone
2145330351
Address
P O BOX 546, WYLIE, TX 75098

Signing Officer

Name
Ben Brown
Title
Treasurer
Signed
2024-08-06
Discuss with paid preparer
Yes

Organization Details

Formed
1950
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
1

Preparer

Firm
Cox Rogers & Associates Inc
Address
703 North Green, Longview, TX 75601
Preparer
Robert G Rogers
Phone
9037533342
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rounding = -$2

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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/OtherExpensesGrp/ManagementAndGeneralAmt2308
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3220
IRS990/OtherExpensesGrp/ProgramServicesAmt0232
IRS990/OtherExpensesGrp/ProgramServicesAmt1152
IRS990/OtherExpensesGrp/ProgramServicesAmt2109
IRS990/OtherExpensesGrp/TotalAmt01024
IRS990/OtherExpensesGrp/TotalAmt1703
IRS990/OtherExpensesGrp/TotalAmt2460
IRS990/OtherExpensesGrp/TotalAmt3329
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0863501
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0863181
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01581
IRS990/PayrollTaxesGrp/ProgramServicesAmt0778
IRS990/PayrollTaxesGrp/TotalAmt02359
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0126140
IRS990/PYInvestmentIncomeAmt0333541
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt040508
IRS990/PYOtherRevenueAmt0-30195
IRS990/PYRevenuesLessExpensesAmt099052
IRS990/PYSalariesCompEmpBnftPaidAmt037646
IRS990/PYTotalExpensesAmt0204294
IRS990/PYTotalRevenueAmt0303346
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-48846
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02617
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03738665
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03689817
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0672356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0279689
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt0197765
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt0209704
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt023595
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt023189
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt019614
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt0197765
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt0190090
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt0106044
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt0128079
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt068126
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt058436
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt058436
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0142270
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0142270
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt049671
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0142270
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt0126171
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0142270
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt016099
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt0138978
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt012807
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt016099
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt012807
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt012807
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt016099
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt018403
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0142270
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.00000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0120575
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0138978
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Form 990, Schedule A, Part IV, Section D 2 Explanation of how taxpayer maintains a close and continuous working relationship with the supported organization.Taxpayer Birmingham Land Trust # 2Supported Organization Wylie Independent School District (WISD)The taxpayer (Birmingham Land Trust #2) is involved with WISD on a regular and continual basis during the year monitoring the authorized expenditures as they are made by WISD and approving the programs to be funded by taxpayers donations. After receiving the annual donation from the taxpayer (normally in December of each year) WISD prepares a program budget identifying what programs they propose to fund with the donations. These donated funds are placed in an escrow fund owned by WISD. WISD prepares a detail of the various programs budgets and delineates how the programs conform to the taxpayers required use of the funds. WISD officials present these proposed programs to taxpayers Board annually. The presentation is done prior to the beginning of the school year in order to implement the programs in the next school year (normally beginning in August). Taxpayers Board and WISD officials discuss the various programs and taxpayers Board makes its selection of the programs it desires to approve.On an ongoing basis, taxpayer must approve the actual release of the funds to WISD from the escrow fund holding the contributions. As projects are begun, WISD will submit a request to taxpayer and the escrow fund. Taxpayer reviews the request for compliance with the requirements and approves the release of funds from the escrow agent.On a monthly basis taxpayer receives a statement from WISDs finance department showing the original budget proposals and the actual expenditures to date so taxpayer can track the status of the expenditures and programs.During the year, WISD may have changes to the proposed budget or potential new programs for taxpayer to consider. These changes/new programs are discussed with taxpayers executive director who discusses them with taxpayers Board for approval or disapproval. When WISD completes major projects (furnishing a particular building or program) taxpayers Board will be invited to tour the new facilities and review the items funded by taxpayers donations. These inspections take place periodically as projects/programs are completed.Taxpayers executive director and officials at WISD are in contact continually during the year discussing any changes to the programs or changes to taxpayers anticipated contributions.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The Birmingham Land Trust satisfies the integral part test by contributing it's minimum asset amount which is 3.5% of the prior year's fair market value of all non-exempt use assets. This minimum asset amount is greater than 85% of the Trust's adjusted net income as calculated on Schedule A, Part V, Section C lines 1 - 6, Column B.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part V: Explain How Integral Part Test Satisfied
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt0223139
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt0223139
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt04011976
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt04126749
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0208191
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0261305
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt02143685
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt01673145
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt060180
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt061901
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt01883239
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt02415438
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt03951796
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt04064848
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0138313
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0142270
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt04235115
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt04349888
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0138313
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0142270
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0756002810
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.69$0.01$3.69$0.20$0.20$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.92$0.23$3.69$0.15$0.20$0.05
2022Detailed filing. Detailed filing data is available for this year.$3.98$0.24$3.74$0.30$0.20$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$0.25$3.64$0.13$0.20$0.07
2020Detailed filing. Detailed filing data is available for this year.$3.97$0.26$3.71$0.26$0.20$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.93$0.27$3.66$0.17$0.20$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.74$0.05$3.69$0.16$0.18$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.76$0.05$3.71$0.18$0.18$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.76$0.06$3.70$0.26$0.16$0.11
2015Detailed filing. Detailed filing data is available for this year.$4.69$0.08$4.61$0.10$0.21$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.80$0.08$4.72$0.25$0.32$0.07
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$0.08$4.78$0.39$0.09$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.09$4.49$0.17
2011Summary only. Only limited summary data is available for this year.$4.48$0.30$4.17$0.17$0.13$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.31$4.13$0.13