Charles Schreiner Road Fund in Kerrville, Texas (TX)
| Charles Schreiner Road Fund |
| Employer Identification Number (EIN) | 746110815 |
| Name of Organization | Charles Schreiner Road Fund |
| In Care of Name | Security State Bank And Trust |
| Address | PO BOX 29004, Kerrville, TX 78029-0040 |
| Activities | Endowment fund or financial services |
| Subsection | Charitable Organization |
| Ruling Date | 04/1973 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $167,651 |
| Amount of Income | $75,888 |
| Form 990 Revenue Amount | $916 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Rural Development |
Amount of income in 2013: $75,888 (it was $100,414 in 2012)
| Charles Schreiner Road Fund: | $75,888 |
| Other organizations performing similar types of work: | $75,888 |
Assets in 2013: $167,651 (it was $169,657 in 2012)
| Charles Schreiner Road Fund: | $167,651 |
| Other organizations performing similar types of work: | $2,428,783 |
Expenses in 2013: $2,368
| Charles Schreiner Road Fund: | $2,368 |
| Other organizations performing similar types of work: | $71,970 |
Income to expenses ratio in 2013: 32.0
| Charles Schreiner Road Fund: | 32.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
| Charles Schreiner Road Fund: | 0.0% |
| Other organizations performing similar types of work: | 6.6% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances |
| 2011 | 2012 | 2013 |
|---|
| Total revenue | $532 | $522 | $916 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $648 | $497 | $888 |
| Gain/Loss from sale of assets other than inventory | $-116 | $25 | $28 |
| Gross amount from sale of assets other than inventory | $85,000 | $99,917 | $75,000 |
| Less: cost or other basis and sales expenses | $85,116 | $99,892 | $74,972 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $2,428 | $2,383 | $2,368 |
| Total net assets | $171,570 | $169,657 | $167,651 |
| Excess/Deficit for the year | $-1,896 | $-1,861 | $-1,452 |
| Net assets or fund balances at beginning of year | $173,466 | $171,570 | $169,657 |
| Other changes in net assets or fund balances | $0 | $-52 | $-554 |
| Net assets or fund balances at end of year | | $169,657 | $167,651 |
| Balance Sheets |
| 2011 | 2012 | 2013 |
|---|
| Total assets | $171,570 | $169,657 | $167,651 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $171,570 | $169,657 | $167,651 |
| Reason for Public Charity Status (for 2013) |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $0 |
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| Organizations performing similar types of work |
| Id | Name | Address | State | Established | Total Income |
|---|
| 1 | Laurel Hill Development Corporation | 1040 Eberly Way Ste 200, Lemont Frnc, PA 15456-1350 | PA | 1996-05 | $1,765,733 |
| 2 | Charles Schreiner Road Fund | PO BOX 29004, Kerrville, TX 78029-0040 | TX | 1973-04 | $75,888 |
| 3 | Christian County Agricultural Extension Foundation Inc | 2850 Pembroke Rd, Hopkinsville, KY 42240-6802 | KY | 1997-07 | $70,783 |
| Number of organizations performing similar types of work |
| |
| Total | 3 |
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