{"success":true,"data":{"_id":751212952,"filings":[{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two new business locations with 56 new jobs and $3,950,000 new tax base to date.","year":2013,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2013-07-01T00:00:00","tax_period_end":"2014-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":175770,"Contributions":{"value":75000,"Grant revenue":75000},"Program revenue":{"value":63965,"Total revenue":63965},"Investment income":{"value":-10495,"Investment income total":255,"Net investment gain":-10750},"Other revenues":{"value":47300,"Net rental income":47300}},"Expenses":{"value":125464,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":125464,"Accounting":5750,"Advertising":146,"Office expenses":1740,"Occupancy":9000,"Travel":1001,"Itemized Expenses":{"value":81199,"VARIOUS":81199},"All other expenses":26628},"Functional Expenses":{"Program Service Expenses":116097,"Management And General Expenses":9367}},"Assets":{"value":2385676,"Savings and temp cash investments":322475,"Accounts receivable":85000,"Other net note and loans":6800,"Investments program related":1971401},"Liabilities":{"value":985334,"Secured mortgages and notes payable":900000,"Other liabilities":85334},"Fund balance":{"value":1400342,"Unrestricted net assets":1400342},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO NEW BUSINESS LOCATIONS WITH 56 NEW JOBS AND $3,950,000 NEW TAX BASE TO DATE."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":63965}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":5750,"total":5750},"advertising":{"management_and_general":146,"total":146},"office_expenses":{"program_services":1740,"total":1740},"occupancy":{"total":9000},"travel":{"program_services":1001,"total":1001},"all_other_expenses":{"program_services":23157,"management_and_general":3471,"total":26628}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"KEN WILLIAMSON","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEN WILLIAMSON"},{"person_name":"LOTTIE EUBANKS","title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"LOTTIE EUBANKS"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1971401,"method_of_valuation":"C"}],"total_book_value":1971401},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":85000},{"description":"ESCROW ECONOMIC DEVELOPMENT","amount":334}],"total_liability":85334,"footnote_text":true}},"source_xml":"201433189349306458_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two new business locations with 370 possible new jobs and $16,800,000 possible new tax base.","year":2015,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2015-07-01T00:00:00","tax_period_end":"2016-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":182538,"Contributions":{"value":80000,"Other contributions":80000},"Program revenue":{"value":45500,"Total revenue":45500},"Investment income":{"value":233,"Investment income total":233},"Other revenues":{"value":56805,"Net rental income":56805}},"Expenses":{"value":113688,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":113688,"Accounting":4850,"Information technology":318,"Occupancy":10650,"Travel":365,"Insurance":500,"Itemized Expenses":{"value":80970,"DUES, LICENSE, SUBSCRIPTIONS":770,"CONTRACTED SERVICES":80200},"All other expenses":16035},"Functional Expenses":{"Program Service Expenses":108724,"Management And General Expenses":4964}},"Assets":{"value":2486616,"Savings and temp cash investments":391565,"Accounts receivable":85000,"Other net note and loans":5400,"Investments program related":1971401,"Other assets":33250},"Liabilities":{"value":995168,"Secured mortgages and notes payable":900000,"Other liabilities":95168},"Fund balance":{"value":1491448,"Unrestricted net assets":1491448},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO NEW BUSINESS LOCATIONS WITH 370 POSSIBLE NEW JOBS AND $16,800,000 POSSIBLE NEW TAX BASE."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":45500}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":4850,"total":4850},"information_technology":{"program_services":318,"total":318},"occupancy":{"total":10650},"travel":{"program_services":365,"total":365},"insurance":{"program_services":500,"total":500},"all_other_expenses":{"program_services":15921,"management_and_general":114,"total":16035}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"KEN WILLIAMSON","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEN WILLIAMSON"},{"person_name":"LOTTIE EUBANKS","title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"LOTTIE EUBANKS"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1971401,"method_of_valuation":"C"}],"total_book_value":1971401},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":85000},{"description":"ESCROW ECONOMIC DEVELOPMENT","amount":94},{"description":"DUE TO OTHER ENTITIES","amount":10074}],"total_liability":95168}},"source_xml":"201613139349302221_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two new business locations with 90 new jobs and $10,200,000 new tax base to date.","year":2014,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2014-07-01T00:00:00","tax_period_end":"2015-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":131909,"Contributions":{"value":80000,"Grant revenue":80000},"Program revenue":{"value":0},"Investment income":{"value":303,"Investment income total":303},"Other revenues":{"value":51606,"Net rental income":51606}},"Expenses":{"value":109653,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":109653,"Accounting":5600,"Office expenses":706,"Occupancy":9450,"Travel":87,"Insurance":462,"Itemized Expenses":{"value":82662,"DUES, LICENSE, SUBSCRIPTIONS":920,"CONTRACTED SERVICES":81742},"All other expenses":10686},"Functional Expenses":{"Program Service Expenses":103683,"Management And General Expenses":5970}},"Assets":{"value":2407812,"Savings and temp cash investments":349011,"Accounts receivable":85000,"Other net note and loans":2400,"Investments program related":1971401},"Liabilities":{"value":985214,"Secured mortgages and notes payable":900000,"Other liabilities":85214},"Fund balance":{"value":1422598,"Unrestricted net assets":1422598},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO NEW BUSINESS LOCATIONS WITH 90 NEW JOBS AND $10,200,000 NEW TAX BASE TO DATE."}],"program_service_revenue_detail":[{"business_code":"531390"}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":5600,"total":5600},"office_expenses":{"program_services":594,"management_and_general":112,"total":706},"occupancy":{"total":9450},"travel":{"program_services":87,"total":87},"insurance":{"program_services":462,"total":462},"all_other_expenses":{"program_services":10428,"management_and_general":258,"total":10686}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"KEN WILLIAMSON","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEN WILLIAMSON"},{"person_name":"LOTTIE EUBANKS","title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"LOTTIE EUBANKS"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1971401,"method_of_valuation":"C"}],"total_book_value":1971401},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":85000},{"description":"ESCROW ECONOMIC DEVELOPMENT","amount":214}],"total_liability":85214}},"source_xml":"201503149349302760_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service five new business locations with 102 new jobs and $12,655,000 new tax base to date.","year":2012,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2012-07-01T00:00:00","tax_period_end":"2013-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":179708,"Contributions":{"value":70000,"Grant revenue":70000},"Program revenue":{"value":72500,"Total revenue":72500},"Investment income":{"value":2408,"Investment income total":362,"Net investment gain":2046},"Other revenues":{"value":34800,"Net rental income":34800}},"Expenses":{"value":121371,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":121371,"Accounting":5800,"Advertising":641,"Office expenses":905,"Occupancy":9000,"Travel":1837,"Itemized Expenses":{"value":82495,"VARIOUS":82495},"All other expenses":20693}},"Assets":{"value":2335480,"Savings and temp cash investments":259929,"Accounts receivable":85000,"Other net note and loans":7200,"Prepaid expenses deferred charges":3000,"Investments program related":1980351},"Liabilities":{"value":985444,"Secured mortgages and notes payable":900000,"Other liabilities":85444},"Fund balance":{"value":1350036},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE FIVE NEW BUSINESS LOCATIONS WITH 102 NEW JOBS AND $12,655,000 NEW TAX BASE TO DATE."}],"program_service_revenue_detail":[{"business_code":"531390","description":"CONSULTING FEE","total_revenue":72500}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":5800,"total":5800},"advertising":{"management_and_general":641,"total":641},"office_expenses":{"program_services":905,"total":905},"occupancy":{"program_services":9000,"total":9000},"travel":{"program_services":1837,"total":1837},"all_other_expenses":{"program_services":20693,"total":20693}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL","address_line1":"501 SE 12TH ST","city":"MINERAL WELLS","state":"TX","zip":"76067"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_are_in_care_of":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1980351,"method_of_valuation":"C"}],"total_book_value":1980351},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH"},{"description":"ESCROW ECONOMIC DEVELOPMENT"},{"description":"ESCROW-VALAIR PROJECT"}],"total_liability":85444,"footnote_text":true}},"source_xml":"201333309349300318_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two one business location with 75 possible new jobs and $1,600,000 possible new tax base.","year":2017,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2017-07-01T00:00:00","tax_period_end":"2018-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":199910,"Contributions":{"value":145000,"Other contributions":145000},"Program revenue":{"value":12935,"Total revenue":12935},"Investment income":{"value":131,"Investment income total":131},"Other revenues":{"value":41844,"Net rental income":41844}},"Expenses":{"value":119147,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":119147,"Accounting":5400,"Occupancy":7900,"Itemized Expenses":{"value":88326,"BANK CHARGES":414,"CONTRACTED SERVICES":87912},"All other expenses":17521},"Functional Expenses":{"Program Service Expenses":113150,"Management And General Expenses":5997}},"Assets":{"value":1683779,"Non-interest bearing cash":112172,"Savings and temp cash investments":131370,"Accounts receivable":85000,"Other net note and loans":22200,"Investments program related":1321827,"Other assets":11210},"Liabilities":{"value":504071,"Secured mortgages and notes payable":350000,"Other liabilities":154071},"Fund balance":{"value":1179708,"Unrestricted net assets":1179708},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO ONE BUSINESS LOCATION WITH 75 POSSIBLE NEW JOBS AND $1,600,000 POSSIBLE NEW TAX BASE."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":12935}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":5400,"total":5400},"occupancy":{"total":7900},"all_other_expenses":{"program_services":17338,"management_and_general":183,"total":17521}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"KEN WILLIAMSON","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEN WILLIAMSON"},{"person_name":"LOTTIE EUBANKS","title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"LOTTIE EUBANKS"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":false,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1321827,"method_of_valuation":"C"}],"total_book_value":1321827},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH"},{"description":"ESCROW ECONOMIC DEVELOPMENT"},{"description":"DUE TO OTHER ENTITIES"},{"description":"ESCROW AREA GROWTH"}],"total_liability":154071}},"source_xml":"201803199349313145_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two one business location with 133 new jobs and $750,000 new tax base.","year":2018,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":3,"tax_period_begin":"2018-07-01T00:00:00","tax_period_end":"2019-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":65330,"Contributions":{"value":29000,"Other contributions":29000},"Program revenue":{"value":0,"Total revenue":0},"Investment income":{"value":42,"Investment income total":42,"Net investment gain":0},"Other revenues":{"value":36288,"Net rental income":36288}},"Expenses":{"value":99034,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":99034,"Accounting":5100,"Occupancy":7200,"Itemized Expenses":{"value":75923,"DUES, LICENSE, SUBSCRIPTIONS":1393,"BANK CHARGES":499,"CONTRACTED SERVICES":74031},"All other expenses":10811},"Functional Expenses":{"Program Service Expenses":91544,"Management And General Expenses":7490,"Fundraising Expenses":0}},"Assets":{"value":1744840,"Non-interest bearing cash":216471,"Savings and temp cash investments":76227,"Accounts receivable":85000,"Other net note and loans":48600,"Investments program related":1295060,"Other assets":23482},"Liabilities":{"value":543692,"Secured mortgages and notes payable":430651,"Other liabilities":113041},"Fund balance":{"value":1201148,"Unrestricted net assets":1201148},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO ONE BUSINESS LOCATION WITH 133 NEW JOBS AND $750,000 NEW TAX BASE."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":0,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":5100,"fundraising":0,"total":5100},"occupancy":{"total":7200},"all_other_expenses":{"program_services":8920,"management_and_general":1891,"fundraising":0,"total":10811}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"CORY CRENSHAW","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"CORY CRENSHAW"},{"person_name":"KEITH BOYD","title":"2ND VP -SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEITH BOYD"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1295060,"method_of_valuation":"C"}],"total_book_value":1295060},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":0},{"description":"DUE TO OTHER ENTITIES","amount":36814},{"description":"ESCROW AREA GROWTH","amount":76227}],"total_liability":113041}},"source_xml":"201913129349301806_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Service two one business location with 75 possible new jobs and $1,600,000 possible new tax base.","year":2016,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":10,"tax_period_begin":"2016-07-01T00:00:00","tax_period_end":"2017-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":342080,"Contributions":{"value":150000,"Other contributions":150000},"Program revenue":{"value":5000,"Total revenue":5000},"Investment income":{"value":113105,"Investment income total":24,"Net investment gain":113081},"Other revenues":{"value":73975,"Net rental income":73975}},"Expenses":{"value":688212,"Grant expense":{"value":588787,"Grants to domestic orgs":588787},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":99425,"Accounting":5400,"Office expenses":158,"Occupancy":11400,"Travel":380,"Itemized Expenses":{"value":75170,"LEGAL":1558,"DUES, LICENSE, SUBSCRIPTIONS":1123,"CONTRACTED SERVICES":72489},"All other expenses":6917},"Functional Expenses":{"Program Service Expenses":680377,"Management And General Expenses":7835}},"Assets":{"value":1598571,"Non-interest bearing cash":98166,"Savings and temp cash investments":78694,"Accounts receivable":85000,"Other net note and loans":7800,"Investments program related":1321827,"Other assets":7084},"Liabilities":{"value":453255,"Secured mortgages and notes payable":350000,"Other liabilities":103255},"Fund balance":{"value":1145316,"Unrestricted net assets":1145316},"Form990Details":{"program_service_accomplishments":[{"description":"SERVICE TWO ONE BUSINESS LOCATION WITH 75 POSSIBLE NEW JOBS AND $1,600,000 POSSIBLE NEW TAX BASE."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":5000}],"functional_expense_allocations":{"accounting_fees":{"management_and_general":5400,"total":5400},"office_expenses":{"program_services":158,"total":158},"occupancy":{"total":11400},"travel":{"program_services":380,"total":380},"all_other_expenses":{"program_services":6040,"management_and_general":877,"total":6917}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"lobbying_activities":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"excess_benefit_transaction":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"KEN WILLIAMSON","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEN WILLIAMSON"},{"person_name":"LOTTIE EUBANKS","title":"SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"LOTTIE EUBANKS"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":1321827,"method_of_valuation":"C"}],"total_book_value":1321827},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":85000},{"description":"ESCROW ECONOMIC DEVELOPMENT","amount":10},{"description":"DUE TO OTHER ENTITIES","amount":18245}],"total_liability":103255}},"ScheduleI":{"reported_domestic_org_grants":588787,"reported_domestic_org_grants_program_services":588787,"total_domestic_grants":588787,"total_domestic_program_services":588787,"grant_monitoring":{"claims_monitoring_procedures":false,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false}},"source_xml":"201723139349301322_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Assisted in the acquisition of property by a long time business entity and industrial job provider of mineral wells. The property will allow for future job creation and expansion of this already important local business.","year":2020,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"COREY CRENSHAW","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":3,"tax_period_begin":"2020-07-01T00:00:00","tax_period_end":"2021-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":11,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":-11135,"Contributions":{"value":15000,"Other contributions":15000},"Program revenue":{"value":0,"Total revenue":0},"Investment income":{"value":-58727,"Investment income total":9,"Net investment gain":-58736},"Other revenues":{"value":32592,"Net rental income":32592}},"Expenses":{"value":101218,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":101218,"Accounting":4300,"Occupancy":1800,"Travel":92,"Itemized Expenses":{"value":90649,"LEGAL":22175,"DUES, LICENSE, SUBSCRIPTIONS":612,"CONTRACTED SERVICES":67862},"All other expenses":4377},"Functional Expenses":{"Program Service Expenses":74551,"Management And General Expenses":26667,"Fundraising Expenses":0}},"Assets":{"value":1073732,"Non-interest bearing cash":397433,"Savings and temp cash investments":27485,"Other net note and loans":0,"Investments program related":622357,"Other assets":26457},"Liabilities":{"value":126688,"Other liabilities":126688},"Fund balance":{"value":947044,"Net assets without donor restriction":947044},"Form990Details":{"program_service_accomplishments":[{"description":"ASSISTED IN THE ACQUISITION OF PROPERTY BY A LONG TIME BUSINESS ENTITY AND INDUSTRIAL JOB PROVIDER OF MINERAL WELLS. THE PROPERTY WILL ALLOW FOR FUTURE JOB CREATION AND EXPANSION OF THIS ALREADY IMPORTANT LOCAL BUSINESS."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":0,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":4300,"fundraising":0,"total":4300},"occupancy":{"total":1800},"travel":{"program_services":92,"management_and_general":0,"fundraising":0,"total":92},"all_other_expenses":{"program_services":4185,"management_and_general":192,"fundraising":0,"total":4377}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"COREY CRENSHAW"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"CORY CRENSHAW","title":"PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"CORY CRENSHAW"},{"person_name":"KEITH BOYD","title":"2ND VP -SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEITH BOYD"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":622357,"method_of_valuation":"C"}],"total_book_value":622357},"other_liabilities":{"liabilities":[{"description":"DUE TO OTHER ENTITIES","amount":99203},{"description":"ESCROW AREA GROWTH","amount":27485}],"total_liability":126688}},"source_xml":"202240879349300609_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Assisted in the acquisition of property by a long time business entity and industrial job provider of mineral wells. The property will allow for future job creation and expansion of this already important local business.","year":2019,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"RICHARD BALL","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":3,"tax_period_begin":"2019-07-01T00:00:00","tax_period_end":"2020-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":11,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":51916,"Contributions":{"value":20000,"Other contributions":20000},"Program revenue":{"value":0,"Total revenue":0},"Investment income":{"value":30,"Investment income total":30,"Net investment gain":0},"Other revenues":{"value":31886,"Net rental income":31886}},"Expenses":{"value":157409,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":157409,"Accounting":4900,"Advertising":62,"Occupancy":6600,"Itemized Expenses":{"value":115790,"LEGAL":28425,"DUES, LICENSE, SUBSCRIPTIONS":984,"BANK CHARGES":12,"CONTRACTED SERVICES":86369},"All other expenses":30057},"Functional Expenses":{"Program Service Expenses":123001,"Management And General Expenses":34408,"Fundraising Expenses":0}},"Assets":{"value":1132611,"Non-interest bearing cash":202709,"Savings and temp cash investments":20236,"Accounts receivable":0,"Other net note and loans":18800,"Investments program related":864409,"Other assets":26457},"Liabilities":{"value":65964,"Secured mortgages and notes payable":0,"Other liabilities":65964},"Fund balance":{"value":1066647,"Net assets without donor restriction":1066647},"Form990Details":{"program_service_accomplishments":[{"description":"ASSISTED IN THE ACQUISITION OF PROPERTY BY A LONG TIME BUSINESS ENTITY AND INDUSTRIAL JOB PROVIDER OF MINERAL WELLS. THE PROPERTY WILL ALLOW FOR FUTURE JOB CREATION AND EXPANSION OF THIS ALREADY IMPORTANT LOCAL BUSINESS."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":0,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":4900,"fundraising":0,"total":4900},"advertising":{"program_services":0,"management_and_general":62,"fundraising":0,"total":62},"occupancy":{"total":6600},"all_other_expenses":{"program_services":29048,"management_and_general":1009,"fundraising":0,"total":30057}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"RICHARD BALL"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"RICHARD L BALL","title":"PRESIDENT","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"RICHARD L BALL"},{"person_name":"CORY CRENSHAW","title":"VICE-PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"CORY CRENSHAW"},{"person_name":"KEITH BOYD","title":"2ND VP -SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEITH BOYD"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":864409,"method_of_valuation":"C"}],"total_book_value":864409},"other_liabilities":{"liabilities":[{"description":"DUE TO MWIF FROM AREA GROWTH","amount":0},{"description":"DUE TO OTHER ENTITIES","amount":45728},{"description":"ESCROW AREA GROWTH","amount":20236}],"total_liability":65964}},"source_xml":"202141059349301009_public.xml"}],"Latest":{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Community service, attract new industry, promote retention of existing local industry","primary_activities":"Assisted in the acquisition of property by a long time business entity and industrial job provider of mineral wells. The property will allow for future job creation and expansion of this already important local business.","year":2020,"name":"THE MINERAL WELLS INDUSTRIAL FOUNDATION INC","phone":"9403251563","type":"990","principal_officer":"COREY CRENSHAW","year_formation":1957,"state_legal_domicile":"TX","total_volunteers":3,"tax_period_begin":"2020-07-01T00:00:00","tax_period_end":"2021-06-30T00:00:00","address":"PO BOX 1098, MINERAL WELLS, TX, 76068, USA","city":"MINERAL WELLS","state":"TX","country":"USA","zip_code":"76068"},"Governance":{"501c determination":true,"Number of voting members":11,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":false,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":true,"Financial statements audited by independent accountant":false,"Audit committee":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":-11135,"Contributions":{"value":15000,"Other contributions":15000},"Program revenue":{"value":0,"Total revenue":0},"Investment income":{"value":-58727,"Investment income total":9,"Net investment gain":-58736},"Other revenues":{"value":32592,"Net rental income":32592}},"Expenses":{"value":101218,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":101218,"Accounting":4300,"Occupancy":1800,"Travel":92,"Itemized Expenses":{"value":90649,"LEGAL":22175,"DUES, LICENSE, SUBSCRIPTIONS":612,"CONTRACTED SERVICES":67862},"All other expenses":4377},"Functional Expenses":{"Program Service Expenses":74551,"Management And General Expenses":26667,"Fundraising Expenses":0}},"Assets":{"value":1073732,"Non-interest bearing cash":397433,"Savings and temp cash investments":27485,"Other net note and loans":0,"Investments program related":622357,"Other assets":26457},"Liabilities":{"value":126688,"Other liabilities":126688},"Fund balance":{"value":947044,"Net assets without donor restriction":947044},"Form990Details":{"program_service_accomplishments":[{"description":"ASSISTED IN THE ACQUISITION OF PROPERTY BY A LONG TIME BUSINESS ENTITY AND INDUSTRIAL JOB PROVIDER OF MINERAL WELLS. THE PROPERTY WILL ALLOW FOR FUTURE JOB CREATION AND EXPANSION OF THIS ALREADY IMPORTANT LOCAL BUSINESS."}],"program_service_revenue_detail":[{"business_code":"531390","total_revenue":0,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":4300,"fundraising":0,"total":4300},"occupancy":{"total":1800},"travel":{"program_services":92,"management_and_general":0,"fundraising":0,"total":92},"all_other_expenses":{"program_services":4185,"management_and_general":192,"fundraising":0,"total":4377}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_cash":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"COREY CRENSHAW"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"9403251563","business_name_line1":"MITCHELL HUFFAKER PC","address_line1":"PO BOX 33","city":"MINERAL WELLS","state":"TX","zip":"760680033"},"officers_directors_key_employees":[{"person_name":"CORY CRENSHAW","title":"PRESIDENT","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"CORY CRENSHAW"},{"person_name":"KEITH BOYD","title":"2ND VP -SECRETARY","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"KEITH BOYD"},{"person_name":"STEVE BUTCHER","title":"RECORDING SECR","average_hours_per_week":6.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEVE BUTCHER"},{"person_name":"DON CRAWFORD","title":"TREASURER","average_hours_per_week":0.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DON CRAWFORD"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleD":{"program_related_investments":{"investments":[{"description":"LAND & IMPROVEMENTS","book_value":622357,"method_of_valuation":"C"}],"total_book_value":622357},"other_liabilities":{"liabilities":[{"description":"DUE TO OTHER ENTITIES","amount":99203},{"description":"ESCROW AREA GROWTH","amount":27485}],"total_liability":126688}},"Ratings":{"Mission Deployment Rate":{"score":1.2},"Program Expense Ratio":{"score":0.7365389555217452},"Fundraising Efficiency":{"score":null,"percentile":null},"Filing Consistency Score":{"score":1.0},"Grant Itemization Coverage":{"score":null},"Independent Voting Board Pct":{"score":1.0},"Operating Margin":{"score":-10.090076335877862,"percentile":0.020807699779821266},"Operating Reserve Ratio":{"score":10.608113181449939,"percentile":0.9008180610154477},"Liabilities to Assets Ratio":{"score":0.11798847384636017,"percentile":0.3178945165341147},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.05486995585122826,"percentile":0.2231606543071964},"Revenue Growth":{"score":-0.14234013593055067,"percentile":0.12373990156634006},"Asset Growth":{"score":-0.0973490302192097,"percentile":0.13007395827859808},"Foreign Oversight Score":{"score":null},"Major-Donor Itemization":{"score":1.0},"Related-Party Transparency":{"score":null},"Pay-Setting Controls":{"score":1.0,"weight":5,"atoms":{"Compensation committee":{"value":true},"Independent compensation consultant":{"value":true},"Form 990 of other organizations reviewed":{"value":true},"Written employment contract":{"value":true},"Compensation survey or study":{"value":true},"Board or committee approval":{"value":true}}},"Governance Policy Score":{"score":0.1111111111111111,"weight":5,"atoms":{"Conflict of interest policy":{"value":false},"Whistle blower policy":{"value":false},"Document retention policy":{"value":false},"Compensation process for CEO":{"value":false},"Compensation process for other employees":{"value":false},"Form 990 provided to governing body":{"value":false},"Minutes of governing body":{"value":true},"Audit committee":{"value":false},"Independent audit financial statements":{"value":false}}},"Categories":{"Financial Efficiency":{"score":1.0496883098989445,"weight":45},"Transparency & Controls":{"score":1.0,"weight":20},"Accountability":{"score":0.6296296296296297,"weight":14},"Sustainability":{"score":0.3537560624256025,"weight":13},"Growth":{"score":0.1647750140051342,"weight":8}},"Overall Score":{"score":0.819678176838412,"percentile":0.7445699666515332}},"source_xml":"202240879349300609_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}