Civic Intelligence

Ross L & Evelyn L Daniels Char Fund

EIN 75-6391114 • 501(c)3 • San Angelo, TX

Profile

Support charitable organization

P O Box 3782San Angelo, TX 76902

cnbccity.com

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 2021

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

56th percentile

7.2%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

73rd percentile

29%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $1,533,604 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $1,533,604 (-100%) from 2020

Revenue

Up

$114,063

Up $25,866 (+29%) from 2020

Expenses

Up

$105,888

Up $14,845 (+16%) from 2020

Net Income

Up

$8,175

Up $11,021 (+387%) from 2020

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,251,174Liabilities 2011: $0Net Assets 2011: $1,251,1742011Assets 2012: $1,336,980Liabilities 2012: $0Net Assets 2012: $1,336,9802012Assets 2013: $1,433,705Liabilities 2013: $0Net Assets 2013: $1,433,7052013Assets 2014: $1,404,645Liabilities 2014: $0Net Assets 2014: $1,404,6452014Assets 2015: $1,429,045Liabilities 2015: $0Net Assets 2015: $1,429,0452015Assets 2016: $1,475,726Liabilities 2016: $0Net Assets 2016: $1,475,7262016Assets 2017: $1,485,057Liabilities 2017: $0Net Assets 2017: $1,485,0572017Assets 2018: $1,481,883Liabilities 2018: $0Net Assets 2018: $1,481,8832018Assets 2019: $1,536,450Liabilities 2019: $0Net Assets 2019: $1,536,4502019Assets 2020: $1,533,604Liabilities 2020: $0Net Assets 2020: $1,533,6042020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $92,556Expenses 2011: $87,776Net Income 2011: $4,7802011Revenue 2012: $170,236Expenses 2012: $84,430Net Income 2012: $85,8062012Revenue 2013: $187,293Expenses 2013: $90,568Net Income 2013: $96,7252013Revenue 2014: $50,973Expenses 2014: $80,033Net Income 2014: -$29,0602014Revenue 2015: $103,001Expenses 2015: $78,601Net Income 2015: $24,4002015Revenue 2016: $127,430Expenses 2016: $80,749Net Income 2016: $46,6812016Revenue 2017: $87,673Expenses 2017: $78,342Net Income 2017: $9,3312017Revenue 2018: $94,207Expenses 2018: $97,381Net Income 2018: -$3,1742018Revenue 2019: $132,776Expenses 2019: $78,209Net Income 2019: $54,5672019Revenue 2020: $88,197Expenses 2020: $91,043Net Income 2020: -$2,8462020Revenue 2021: $114,063Expenses 2021: $105,888Net Income 2021: $8,1752021

Highlighted filing

2021

Revenue$114,063
Expenses$105,888
Net Income$8,175

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 18, 2022
Return Version
2021v4.0
Gross Receipts
$536,652
Mission and Program Overview

Mission

Support charitable organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,533,604--
Investments in Publicly Traded Securities$1,533,381--
Total Assets$1,533,604$0▼ $1,533,604
Other Assets Total$223--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,533,604$0▼ $1,533,604
Total Liabilities and Net Assets / Fund Balance$1,533,604$0▼ $1,533,604
Compensation and Service Providers

Board Members and Trustees

NameTitle
Texas State BankTrust Office
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$114,063
Other Revenue
$0
Change in Net Assets
$8,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$93,706
Other Expenses$12,182
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$93,706--$93,706
Fees for Services Management-$10,715-$10,715
Fees for Services Accounting-$1,048-$1,048
Fees for Services Other-$419-$419
Total Functional Expenses$93,706$12,182$0$105,888
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pres Childrens HomeAustin, TX--$53,744
1st Presbyterian ChurchColorado City, TX--$39,962
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
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
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, Page 6, Part VI, Line 11B

The two beneficiaries each get to select a trust board member. These board members along with the bank trust officer meet annually to discuss trust business.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Ross L & Evelyn L Daniels Char Fund
EIN
75-6391114
Address
P O BOX 3782, SAN ANGELO, TX 76902

Signing Officer

Name
Texas State Bank
Title
Trust Officer
Phone
3259447528
Signed
2022-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Texas State Bank
Formed
1988
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Ron Mcclung CPA LLC
Address
345 WALNUT STREET, COLORADO CITY, TX 79512-6219
Preparer
Ron Mcclung
Phone
3257282452
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

1st presbyterian church and presbyterian childrens home

Form 990, Part XI, Line 9

Book/tax timing differences 866 adjustment to basis -2,077 prior year dist made in cy -22,957 transfer to another trust -1,517,611 total -1,541,779

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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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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079512
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd178746
IRS990ScheduleI/TotalOtherOrgCnt02
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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH EQUIVILENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CORP BONDS & NOTES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2COMMON STOCK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3MUTUAL FUNDS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0TEXAS STATE BANK OF SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1TEXAS STATE BANK OF SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2TEXAS STATE BANK OF SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3TEXAS STATE BANK OF SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt0TRUST DEPARTMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt1TRUST DEPARTMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt2TRUST DEPARTMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt3TRUST DEPARTMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-22
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-12-22
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22021-12-22
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32021-12-22
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0756172738
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1756172738
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2756172738
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3756172738
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt036409
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1650716
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt21192415
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt3304780
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501 (C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0MARKET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1MARKET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2MARKET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3MARKET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 3782
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1PO BOX 3782
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2PO BOX 3782
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3PO BOX 3782
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3SAN ANGELO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd076902
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd176902
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd276902
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd376902
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE ORIGINAL DONORS OF THIS TRUST SET UP TWO SEPARATE TRUSTS A FEW YEARS APART. BOTH TRUSTS HAD THE SAME DONORS AND ALSO HAD THE SAME ORGANIZATIONS AS RECIPIENTS OF TRUST DISTRIBUTIONS. THE ASSETS OF THIS TRUST WERE TRANSFERRED TO THE SECOND TRUST IN ORDER TO FACILITATE A MORE EFFICIENT ADMINISTERING OF THE TRUSTS. THE TRUST DEPARTMENT OF TEXAS STATE BANK OF SAN ANGELO WAS THE TRUSTEE OF BOTH TRUSTS PRIOR TO THE TRANSFER AND WILL BE THE TRUSTEE OF THE REMAINING TRUST.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01ST PRESBYTERIAN CHURCH AND PRESBYTERIAN CHILDRENS HOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TWO BENEFICIARIES EACH GET TO SELECT A TRUST BOARD MEMBER. THESE BOARD MEMBERS ALONG WITH THE BANK TRUST OFFICER MEET ANNUALLY TO DISCUSS TRUST BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX TIMING DIFFERENCES 866 ADJUSTMENT TO BASIS -2,077 PRIOR YEAR DIST MADE IN CY -22,957 TRANSFER TO ANOTHER TRUST -1,517,611 TOTAL -1,541,779
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt01533604
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01533604
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012182
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093706
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105888
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01533604
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt093706
IRS990/TotalRevenueGrp/ExclusionAmt088206
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025857
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0114063
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01533604
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 3782
IRS990/USAddress/CityNm0SAN ANGELO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076902
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TEXAS STATE BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUST OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03259447528
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROSS L & EVELYN L DANIELS CHAR FUND

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