Skip to content
Nonprofiteer
← BRAZOS FOUNDATION INC

Form 990 for tax year 2023

Filed by BRAZOS FOUNDATION INC.

Totals

Total revenue
$34,125
Total expenses
$98,965
Contributions and grants received
$33,751
Grants paid
$88,500
Program service revenue
$0
Investment income
-$27,327
Other revenue
$27,701
Total assets, end of year
$867,663
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$867,663
Program services expenses (Part IX)
$88,500
Management and general expenses
$10,465
Fundraising expenses
$0
Program service expenses (Part III)
$88,500

Program services were 89.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $15,100

  • 1f · All other contributions, gifts and grants

    $18,651

  • 3 · Investment income

    total $21,670 · excluded $21,670

  • 7a · Gross sales of assets other than inventory

    securities $773,418 · other assets $720

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

    securities $823,135

  • 7c · Gain or loss

    securities -$49,717 · other assets $720

  • 7d · Net gain or loss

    total -$48,997 · excluded -$48,997

  • 8a · Fundraising events: gross income

    $56,845

  • 8a · Fundraising events: contributions included on line 1c

    $15,100

  • 8b · Fundraising events: direct expenses

    $29,144

  • 8c · Net income from fundraising events

    total $27,701 · excluded $27,701

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $88,500 · program services $88,500

  • 11c · Fees: accounting

    total $1,430 · management and general $1,430

  • 11f · Fees: investment management

    total $8,152 · management and general $8,152

  • 13 · Office expenses

    total $443 · management and general $443

  • 24a · Other expenses: FOREIGN TAX ON INVESTMENT

    total $402 · management and general $402

  • 24b · Other expenses: BANK FEES

    total $38 · management and general $38

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,040 · end of year $3,596

  • 2 · Savings and temporary cash investments

    beginning of year $15,367 · end of year $19,141

  • 11 · Investments: publicly traded securities

    beginning of year $795,656 · end of year $844,926

  • 31 · Retained earnings, endowment or other funds

    beginning of year $813,063 · end of year $867,663

Mission and programs · 2023

Mission

TO FINANCIALLY SUPPORT CHARITABLE ORGANIZATIONS IN PALO PINTO COUNTY, TEXAS, AND SURROUNDING AREAS THROUGH FUNDRAISING AND INCOME FROM INVESTMENTS

Activities or mission (Part I)

TO FINANCIALLY SUPPORT CHARITABLE ORGANIZATIONS IN PALO PINTO COUNTY, TX, AND SURROUNDING AREAS THROUGH FUNDRAISING AND INCOME FROM INVESTMENTS

  • DONATIONS TO VARIOUS CHARITABLE ORGANIZATIONS SUPPORTING CITIZENS OF PALO PINTO COUNTY, TX, AND SURROUNDING AREAS

    Expenses $88,500 · Grants $88,500

As filed on the 2023 return.

Listed in Part VII

  • Cody Cloud

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Don Crawford

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Tracy Kirsch

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Kay Tarkenton

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.0
Source object
202413179349303536

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.