Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $9,303,980 · excluded $9,303,980

• 7a · Gross sales of assets other than inventory

  securities $129,348,357

• 7b · Less cost or other basis and sales expenses

  securities $125,680,175

• 7c · Gain or loss

  securities $3,668,182

• 7d · Net gain or loss

  total $3,668,182 · excluded $3,668,182

• 11a · Other revenue: LITIGATION PROCEEDS

  total $13,641 · excluded $13,641

• 11e · Other revenue, total

  $13,641

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $14,709,711 · program services $14,709,711

• 5 · Compensation of officers, directors and key employees

  total $576,725 · program services $393,766 · management and general $182,959

• 7 · Other salaries and wages

  total $60,782 · program services $40,521 · management and general $20,261

• 8 · Pension plan contributions

  total $3,359 · program services $2,239 · management and general $1,120

• 9 · Other employee benefits

  total $2,996 · program services $1,997 · management and general $999

• 10 · Payroll taxes

  total $22,893 · program services $15,262 · management and general $7,631

• 11c · Fees: accounting

  total $14,325 · management and general $14,325

• 11f · Fees: investment management

  total $2,870,070 · program services $2,870,070

• 13 · Office expenses

  total $10,920 · program services $7,822 · management and general $3,098

• 14 · Information technology

  total $29,647 · management and general $29,647

• 17 · Travel

  total $960 · management and general $960

• 23 · Insurance

  total $15,630 · program services $15,630

• 24a · Other expenses: RECRUITMENT & TRAINING

  total $102,834 · program services $102,834

• 24b · Other expenses: PURCHASED SERVICES

  total $23,820 · program services $23,820

• 24c · Other expenses: UTILITIES

  total $13,844 · program services $13,844

• 24d · Other expenses: SUPPLIES

  total $5,749 · management and general $5,749

• 24e · All other expenses

  total $1,909 · management and general $1,909

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $361,857 · end of year $490,493

• 2 · Savings and temporary cash investments

  beginning of year $15,266,730 · end of year $8,066,584

• 7 · Other notes and loans receivable

  beginning of year $73,617,118 · end of year $72,366,962

• 11 · Investments: publicly traded securities

  beginning of year $496,152,785 · end of year $406,348,011

• 15 · Other assets

  beginning of year $9,959,106 · end of year $13,431,334

• 18 · Grants payable

  beginning of year $2,766,000 · end of year $2,562,333

• 27 · Net assets without donor restrictions

  beginning of year $592,591,596 · end of year $498,141,051

The filer's explanations (Part III)

PART I, LINE 4B:

SEE PART II COLUMN (C) DEFERRED COMPENSATION PURSUANT TO INTERNAL REVENUE CODE SECTION 457 PLAN FOR THE BENEFIT OF STEPHEN DALRYMPLE, MARK HOTMANN, CHRISTOPHER PIRTLE, ROBERT SMITH, DYRON HOWELL, AND WAYNE EVANS.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• FIRST AMARILLO PARK CENTRAL COMMUNI

  RELATED · LOW INCOME · TX

  Directly controlled by BCS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HIGH PLAINS ENTERPRISES CORPORATION

  C · PROP. MGT. · TX

  Directly controlled by BCS