Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
HARVEST TIME FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)806 NORTH POST ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHELBY, NC28150
A Employer identification number

06-1700689
B Telephone number (see instructions)

(704) 482-3456
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,464,008J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 416,000
2 Check bullet
3 Interest on savings and temporary cash investments 888 888 888
4 Dividends and interest from securities...... 15,724 15,724 15,724
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 64,501
b Gross sales price for all assets on line 6a 279,693
7 Capital gain net income (from Part IV, line 2)... 64,501
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 669,055   669,055
12 Total. Add lines 1 through 11........ 1,166,168 81,113 685,667
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,671 31,671 31,671  
14 Other employee salaries and wages...... 183,167   183,167  
15 Pension plans, employee benefits....... 14,229   14,229  
16a Legal fees (attach schedule)......... Click to see attachment 4,606   4,606  
b Accounting fees (attach schedule)....... Click to see attachment 10,740 5,935 10,740  
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 48,738   43,317  
19 Depreciation (attach schedule) and depletion... Click to see attachment 130,516   130,516
20 Occupancy.............. 78,959   78,959  
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 576,330   576,330  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,078,956 37,606 1,073,535 0
25 Contributions, gifts, grants paid........ 267,800 267,800
26 Total expenses and disbursements. Add lines 24 and 25 1,346,756 37,606 1,073,535 267,800
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -180,588
b Net investment income (if negative, enter -0-) 43,507
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 52,057 50,560 50,560
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet195,058
Less: allowance for doubtful accounts bullet   192,686 Click to see attachment195,058 195,058
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 163,891 Click to see attachment145,835 216,618
c Investments—corporate bonds (attach schedule)........ 30,000 Click to see attachment80,019 79,680
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,091,978 Click to see attachment881,218 1,001,857
14 Land, buildings, and equipment: basis bullet2,566,379
Less: accumulated depreciation (attach schedule) bullet454,135 2,105,562 Click to see attachment2,112,244 2,794,000
15 Other assets (describe bullet) Click to see attachment135,183 Click to see attachment126,235 Click to see attachment126,235
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,771,357 3,591,169 4,464,008
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment400
23 Total liabilities (add lines 17 through 22)..........   400
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 3,771,357 3,590,769
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,771,357 3,590,769
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,771,357 3,591,169
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 3,771,357
2 Enter amount from Part I, line 27a..................... 2 -180,588
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,590,769
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,590,769
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 100 SHS DIRECTV P 2010-08-23 2013-08-29
b 66.43 SHS DFA INVT DIMENSIONS INEMER P 2010-03-22 2013-06-05
c 100 SHS EXPRESS SCRIPTS P 2010-08-23 2013-08-29
d 326.10 SHS DFA INVT DIMENSIONS ININT P 2010-03-22 2013-01-07
e 150 SHS GENERAL ELECTRIC P 2010-08-23 2013-08-29
1919.65 SHS DFA INVT DIMENSIONS INTW P 2010-03-22 2013-06-05
35 SHS IBM P 2010-08-23 2013-10-23
346.56 SHS DFA INVT DIMENSIONS ININT P 2010-03-22 2013-01-07
125 SHS LOWES P 2010-08-23 2013-07-23
62.88 SHS DFA INVT DIMENSIONS INEMER P 2010-03-22 2013-09-23
150 SHS MYLAN INC P 2011-07-15 2013-08-29
1246.99 SHS DFA INVT DIMENSIONS INLA P 2010-03-22 2013-09-23
75 SHS NUCOR P 2010-08-23 2013-02-20
291.12 SHS DFA INVT DIMENSIONS INREA P 2010-03-22 2013-09-23
15 SHS PRECISION CASTPARTS P 2010-08-23 2013-08-29
1496.49 SHS DFA INVT DIMENSIONS INGL P 2010-03-22 2013-06-05
1913.91 SHS STARBOARD INVT P 2010-02-23 2013-09-11
610.14 SHS DIMENSIONAL INVT GROUP P 2010-03-22 2013-01-07
75 SHS TJX COS P 2011-07-15 2013-07-23
  P    
2760.5 SHS DFA INVT DIMENSIONS P 2010-03-22 2013-01-07
1535.55 SHS DFA INVT DIMENSIONS CORE P 2010-03-22 2013-01-07
1610.61 SHS DFA INVT DIMENSIONS INFI P 2010-03-22 2013-06-05
50.91 SHS DFA INVT DIMENSIONS INEMRG P 2010-03-22 2013-06-05
1864.45 SHS DFA INVT DIMENSIONS IN1Y P 2010-03-22 2013-06-05
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,826   3,811 2,015
b 1,365   1,345 20
c 6,414   4,600 1,814
d 5,833   4,833 1,000
e 3,477   2,254 1,223
19,230   19,534 -304
6,126   4,447 1,679
6,353   5,431 922
5,601   2,597 3,004
1,623   1,738 -115
5,264   3,575 1,689
32,958   23,036 9,922
3,519   2,868 651
8,054   5,563 2,491
3,208   1,766 1,442
16,530   16,762 -232
28,115   18,584 9,531
11,109   10,456 653
3,901   2,060 1,841
       
38,620   26,560 12,060
21,739   15,129 6,610
17,155   17,364 -209
1,431   1,616 -185
19,228   19,263 -35
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       2,015
b       20
c       1,814
d       1,000
e       1,223
      -304
      1,679
      922
      3,004
      -115
      1,689
      9,922
      651
      2,491
      1,442
      -232
      9,531
      653
      1,841
       
      12,060
      6,610
      -209
      -185
      -35
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 64,501
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 212,800 4,115,211 0.051711
2011 259,400 3,418,959 0.075871
2010 189,252 5,018,821 0.037708
2009 240,300 4,827,118 0.049781
2008 104,250 78,249 1.332285
2 Total of line 1, column (d) ...................... 2 1.547356
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.309471
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 4,463,189
5 Multiply line 4 by line 3....................... 5 1,381,228
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 435
7 Add lines 5 and 6......................... 7 1,381,663
8 Enter qualifying distributions from Part XII, line 4.............. 8 267,800
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 870
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 870
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 870
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,723
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,723
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 853
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet853 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.Click to see attachment
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPAT NICHOLS Telephone no.bullet (704) 482-3456
    Located atbullet806 N POST ROADSHELBYNC ZIP+4bullet28150
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    DAVID MIMSClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    DARRYL MIMSClick to see attachment BOARD CHAIRM
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    STEVE HYDEClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    806 N POST ROAD
    SHELBY,NC28150
    TERESA MCFARLANDClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    BARRY SHEARERClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    CHARLIE MARSHALLClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    DOUGLAS KINGClick to see attachment BOARD MEMBER
    1.00     		0 0 0
    806 N POST ROAD
    SHELBY,NC28150
    BANK OF THE OZARKS
    BANK OF THE OZARKSClick to see attachment     		TRUSTEE
    5.00     		31,671 0 0
    PO BOX 168
    SHELBY,NC281510168
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SHELBY CHRISTIAN SCHOOL: CONTRIBUTION FOR GENERAL OPERATIONS OF CHARITY 248,000
    2 NATIONAL OUTREACH WORLDWIDE MINISTRIES, INC: MINISTRY OF ORGANIZATION TO MISSIONARIES 4,800
    3 INTERNATIONAL PARTNERSHIP MINISTRIES, INC: MINISTRY OF ORGANIZATION TO MISSIONARIES 4,200
    4 EVANGELISM MISSIONS INTERNATIONAL: MINISTRY OF ORGANIZATION TO MISSIONARIES 3,000
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    223,159
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    870
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    870
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    222,289
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    222,289
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    222,289
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 222,289
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 38,462
    b From 2009.......  
    c From 2010.......  
    d From 2011....... 88,631
    e From 2012....... 7,039
    fTotal of lines 3a through e......... 134,132
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 267,800
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 222,289
    e Remaining amount distributed out of corpus 45,511
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 179,643
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		38,462
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		141,181
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011.... 88,631
    d Excess from 2012.... 7,039
    e Excess from 2013.... 45,511
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HARVEST TIME FOUNDATION BOARD
    806 NORTH POST ROAD
    SHELBY,NC28150
    (704) 482-3456
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED TO THE FOUNDATION BY MAIL AND INCLUDE THE REASON FOR THE REQUEST, ORGANIZATIONAL INFORMATION, AND A STATEMENT OF FAITH.
    cAny submission deadlines:
    NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GIFTS ARE MADE ONLY TO CHARITABLE ORGANIZATIONS
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SHELBY CHRISTIAN SCHOOL
    SHELBY CHRISTIAN SCHOOL
    P O BOX 86
    PO BOX 86
    POLKVILLE,NC28136     		  PAID FOR GENERAL OPERATIONS OF CHARITY 248,000
    EVANGELISM MISSIONS INTL
    EVANGELISM MISSIONS INTL
    P O DRAWER 550
    PO DRAWER 550
    THORSBY,AL351710550     		  PAID MINISTRY OF MISSIONARIES 3,000
    NOW MINISTRIES
    NOW MINISTRIES
    5040 PENN ROAD
    5040 PENN ROAD
    IRON STATION,NC28080     		  PAID MINISTRY OF MISSIONARIES 4,800
    INTERNATIONAL PARTNERSHIP
    INTERNATIONAL PARTNERSHIP MINISTRIES
    P O BOX 337
    PO BOX 337
    HANOVER,PA173310337     		  PAID MINISTRY OF MISSIONARIES 4,200
    DEDICATION EVANGELISM
    DEDICATION EVANGELISM
    P O BOX 10
    PO BOX 10
    TOWACO,NJ07082     		  PAID FOR GENERAL OPERATIONS OF CHARITY 1,800
    GRACE OF GOD RESCUE MISSION
    GRACE OF GOD RESCUE MISSION
    P O BOX 212
    PO BOX 212
    FOREST CITY,NC28043     		  PAID FOR GENERAL OPERATIONS OF CHARITY 1,200
    CHILD EVANGELISM FELLOWSHIP
    CHILD EVANGELISM FELLOWSHIP
    P O BOX 1668
    PO BOX 1668
    FOREST CITY,NC28043     		  PAID MINISTRY OF MISSIONARIES 1,200
    CHRISTIAN INDIAN MINISTRIES
    CHRISTIAN INDIAN MINISTRIES
    P O BOX 9
    PO BOX 9
    ANTLERS,OK74523     		  PAID MINISTRY OF MISSIONARIES 1,200
    CROSSROADS RESCUE MISSION
    CROSSROADS RESCUE MISSION
    P O BOX 2090
    PO BOX 2090
    SHELBY,NC28151     		  PAID FOR GENERAL OPERATIONS OF CHARITY 600
    MISSIONARY EVANGELISM MINISTRIES
    MISSIONARY EVANGELISM MINISTRIES
    P O BOX 515
    PO BOX 515
    HIXON,TN373433881     		  PAID MINISTRY OF MISSIONARIES 600
    FISHERS BAPTIST CHURCH
    FISHERS BAPTIST CHURCH
    9587 EAST 131ST STREET
    9587 EAST 131ST STREET
    FISHERS,NY14453     		  PAID FOR GENERAL OPERATIONS OF CHURCH 1,200
    Total .................................bullet 3a 267,800
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aGOLF COURSE 713910 678,003      
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 888  
    4 Dividends and interest from securities....     14 15,724  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     34    
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 64,501  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aDEER BROOK GOLF CLUB K-1     34 -8,948  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 678,003 72,165  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13750,168
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    8 THE PROCEEDS WERE USED TO MAKE CONTRIBUTIONS TO CHARITIES
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    HARVEST TIME FOUNDATION
     
    Employer identification number

    06-1700689
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    HARVEST TIME FOUNDATION
          		Employer identification number

    06-1700689
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MACHINE BUILDERS DESIGN INC  
    806 N POST ROAD
     
    SHELBY, NC28150

    		$416,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    HARVEST TIME FOUNDATION
          		Employer identification number

    06-1700689
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    HARVEST TIME FOUNDATION
          		Employer identification number

    06-1700689
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 5,935 5,935 5,935  
    GOLF COURSE 4,805   4,805  

    TY 2013 CompensationExplanation
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Person Name Explanation
    DAVID MIMS  
    DARRYL MIMS  
    STEVE HYDE  
    TERESA MCFARLAND  
    BARRY SHEARER  
    CHARLIE MARSHALL  
    DOUGLAS KING  
    BANK OF THE OZARKS
    BANK OF THE OZARKS     		 

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    TY 2013 DepreciationSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 2011-09-01 404,104              
    GRAVEL AND PAVING 2011-09-01 4,656 675 150DB 15.0000 398   398  
    CAR STOPS 2011-09-01 233 34 150DB 15.0000 20   20  
    CURBS AND GUTTERS 2011-09-01 643 93 150DB 15.0000 55   55  
    SIDEWALKS 2011-09-01 298 43 150DB 15.0000 26   26  
    LIGHTING 2011-09-01 466 47 S/L 15.0000 31   31  
    LANDSCAPING 2011-09-01 32,594 4,726 150DB 15.0000 2,787   2,787  
    SPRINKLER SYSTEM 2011-09-01 184,391 18,439 S/L 15.0000 12,293   12,293  
    ROUGH GRADING 2011-09-01 186,253 27,007 150DB 15.0000 15,924   15,924  
    FINE GRADING 2011-09-01 27,938 4,051 150DB 15.0000 2,389   2,389  
    BENCHES 2011-09-01 1,192 119 S/L 15.0000 80   80  
    GOLF BAG DROP AREA 2011-09-01 279 41 150DB 15.0000 23   23  
    CART PATHS CONCRETE 2011-09-01 135,593 19,661 150DB 15.0000 11,593   11,593  
    GREENS 2011-09-01 119,986 17,398 150DB 15.0000 10,259   10,259  
    MARKINGS 2011-09-01 3,064 444 150DB 15.0000 262   262  
    DECORATIVE LIGHTING 2011-09-01 559 56 S/L 15.0000 37   37  
    TEE BOXES 2011-09-01 56,621 8,210 150DB 15.0000 4,841   4,841  
    FENCES 2011-09-01 8,568 1,242 150DB 15.0000 733   733  
    PRACTICE GREEN 2011-09-01 6,274 910 150DB 15.0000 536   536  
    RETAINING WALLS/ ROCK FEATURES 2011-09-01 46,386 6,726 150DB 15.0000 3,966   3,966  
    TEE MARKERS AND YARDAGE MARKERS 2011-09-01 2,421 351 150DB 15.0000 207   207  
    GRASSING 2011-09-01 176,941 25,656 150DB 15.0000 15,129   15,129  
    PLANNING 2011-09-01 149,442 21,669 150DB 15.0000 12,777   12,777  
    LAKES 2011-09-01 59,860 8,680 150DB 15.0000 5,118   5,118  
    OTHER COURSE IMPROVEMENTS 2011-09-01 121,513 17,619 150DB 15.0000 10,390   10,390  
    CART PATHS 2011-09-01 1,019 148 150DB 15.0000 87   87  
    GOLF PRACTICE FACILITY 2011-09-01 34,060 1,128 S/L 39.0000 873   873  
    ENTRANCE GATES 2011-09-01 21,981 728 S/L 39.0000 564   564  
    RESTROOMS AND SHELTERS 2011-09-01 732 24 S/L 39.0000 19   19  
    PUMPHOUSE AND PUMPS 2011-09-01 28,269 936 S/L 39.0000 725   725  
    HALFWAY HOUSE 2011-09-01 17,156 568 S/L 39.0000 440   440  
    SIGNAGE 2011-09-01 8,334 276 S/L 39.0000 214   214  
    TENT FOR OUTBUILDING CART 2011-09-01 111 43 200DB 7.0000 19   19  
    CONTAINERS (OUTBUILDING) 2011-09-01 123 48 200DB 7.0000 21   21  
    HALFWAY HOUSE 2011-09-01 1,185 39 S/L 39.0000 31   31  
    HALFWAY HOUSE 2011-09-01 2,458 81 S/L 39.0000 63   63  
    GL-9 GOLF LIFT 2011-09-01                
    FOLEY ACCU-PRO 670 BEDKNIFE GRINDER 2011-09-01                
    FOLEY ACCU-PRO 632 SPIN/RELIEF 2011-09-01                
    2 COMPUTERS AND NETWORK 2011-09-01                
    WASHER AND DRYER 2011-09-01                
    RYAN JR 18" HONDA SOD CUTTER 2011-09-01                
    SOD CUTTER 2011-09-01                
    EQUIPMENT (R&R) 2011-09-01                
    GOLF CART (EZGO) 2011-09-01                
    EQUIPMENT 2011-09-01                
    COMPUTER NETWORK AND INSTALL 2011-09-01                
    IRRIGATION EQUIPMENT 2011-09-01 307 307 200DB 7.0000        
    IRRIGATION EQUIPMENT 2011-09-01 84 33 200DB 7.0000 14   14  
    GREENS PROCORE 2011-09-01 1,011 526 200DB 5.0000 194   194  
    TRASH CONTAINER 2011-09-01 46 18 200DB 7.0000 8   8  
    OUTDOOR FURNITURE 2011-09-01 151 59 200DB 7.0000 26   26  
    PHONE SYSTEM 2011-09-01 773 402 200DB 5.0000 148   148  
    BLOWERS 2011-09-01 364 189 200DB 5.0000 70   70  
    MQ LAWN EQUIPMENT 2011-09-01 101 39 200DB 7.0000 18   18  
    MQ LAWN EQUIPMENT 2011-09-01 35 14 200DB 7.0000 6   6  
    MQ LAWN EQUIPMENT 2011-09-01 22 9 200DB 7.0000 3   3  
    MQ GOLF CART 2011-09-01 79 31 200DB 7.0000 13   13  
    ACCRUED INTEREST 2011-09-01 31,103 4,510 150DB 15.0000 2,659   2,659  
    FRONT-END LOADER 2012-01-27 5,335 5,335 200DB 7.0000        
    POS SYSTEM 2012-02-02 2,000 2,000   3.0000        
    COMPUTERS- GOLF SHOP 2012-03-20 907 907 200DB 5.0000        
    CART COOLERS 2012-04-15 449 449 200DB 5.0000        
    SINK FOR HALFWAY HOUSE 2012-05-25 548 548 200DB 7.0000        
    CREDIT CARD MACHINE 2012-07-02 592 592 200DB 7.0000        
    FREEZER & GRILL 2012-07-04 559 559 200DB 7.0000        
    USED WASHER & DRYER 2012-08-10 268 268 200DB 7.0000        
    LOCK SET 2012-11-01 328 328 200DB 7.0000        
    SCANNER 2012-12-29 173 173 200DB 7.0000        
    HALFWAY HOUSE RENOVATION 2012-05-25 2,500 97 S/L 15.0000 167   167  
    HALFWAY HOUSE RENOVATION 2012-06-15 2,107 82 S/L 15.0000 140   140  
    HEAT PUMP CONDENSER 2012-10-19 2,000 2,000 200DB 7.0000        
    TENT FOR GOLF CART STORAGE 2012-03-30 6,001 6,001 200DB 7.0000        
    JD TRACTOR 5210 2012-01-06 11,046 11,046 200DB 7.0000        
    JD PRO GATOR 2020 2012-01-06 2,946 2,946 200DB 7.0000        
    JD 225 GALLON SPRAYER 2012-01-06 1,841 1,841 200DB 7.0000        
    JD PRO GATOR 2020 2012-01-06 2,946 2,946 200DB 7.0000        
    JD PRO GATOR 2020 2012-01-06 2,946 2,946 200DB 7.0000        
    TORO GROUNDMASTER 4500D 2012-01-06 11,046 11,046 200DB 7.0000        
    TORO GROUNDMASTER 3500D 2012-01-06 8,837 8,837 200DB 7.0000        
    JD 3235C FAIRWAY UNIT 2012-01-06 8,837 8,837 200DB 7.0000        
    JD 3235C FAIRWAY UNIT 2012-01-06 8,837 8,837 200DB 7.0000        
    TORO GROUNDMASTER 3150 2012-01-06 3,682 3,682 200DB 7.0000        
    TORO GROUNDMASTER 3150 2012-01-06 3,682 3,682 200DB 7.0000        
    SALSCO ROLLER 2012-01-06 1,841 1,841 200DB 7.0000        
    JD GATOR HPX 2012-01-06 2,209 2,209 200DB 7.0000        
    JD GATOR HPX 2012-01-06 2,209 2,209 200DB 7.0000        
    JD GATOR HPX 2012-01-06 2,209 2,209 200DB 7.0000        
    JD GATOR HPX 2012-01-06 2,209 2,209 200DB 7.0000        
    JD GATOR TX 2012-01-06 2,209 2,209 200DB 7.0000        
    JD GATOR TX 2012-01-06 2,209 2,209 200DB 7.0000        
    EXMARK MOWER 2012-01-06 736 736 200DB 7.0000        
    BUFFALO BLOWER 2012-01-06 1,841 1,841 200DB 7.0000        
    JD WALK BEHIND GREENS 180B 2012-01-06 1,841 1,841 200DB 7.0000        
    JD WALK BEHIND GREENS 180B 2012-01-06 1,841 1,841 200DB 7.0000        
    JD WALK BEHIND GREENS 180B 2012-01-06 1,841 1,841 200DB 7.0000        
    JD WALK BEHIND GREENS 180B 2012-01-06 1,841 1,841 200DB 7.0000        
    JD WALK BEHIND GREENS 220B 2012-01-06 1,841 1,841 200DB 7.0000        
    TORO GREENSMASTER FLEX 21 2012-01-06 1,326 1,326 200DB 7.0000        
    FOLEY GRINDER ACCU PRO 2012-01-06 7,364 7,364 200DB 7.0000        
    FOLEY GRINDER ACCU PRO 2012-01-06 7,364 7,364 200DB 7.0000        
    5 SUPERIOR WALK BEHIND TRAILERS 2012-01-06 184 184 200DB 7.0000        
    MAINTENANCE BUILDING 2012-06-22 33,556 466 S/L 39.0000 860   860  
    MAINTENANCE BUILDING LAND 1.6 AC 2012-06-22 1,849              
    4.2 AC LAND BESIDE MAINT BLDG 2012-06-22 4,886              
    TOPDRESSER 2013-02-21 7,963   200DB 7.0000 4,550   4,550  
    TORO GREENS MOWER 2013-02-21 10,500   200DB 7.0000 6,000   6,000  
    TRAILER 2013-03-14 4,100   200DB 7.0000 2,343   2,343  
    CART BARN 2013-11-01 114,635   S/L 39.0000 367   367  

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 80,019 79,680

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS- CORPORATE STOCKS 145,835 216,618

    TY 2013 InvestmentsOtherSchedule2
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS   878,186 998,825
    INVESTMENT IN LOOKOUT LINKS   3,032 3,032

    TY 2013 LandEtcSchedule2
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND AND BUILDINGS 2,190,793 454,135 1,736,658 2,271,000
    CAMP SITE- RUTHERFORD COUNTY 375,586   375,586 523,000


    TY 2013 LegalFeesSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,606   4,606  


    TY 2013 OtherAssetsSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEER BROOK GOLF CLUB LLC INVESTMENT 135,183 126,235 126,235


    TY 2013 OtherExpensesSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GOLF COURSE        
    SUPPLIES 17,463   17,463  
    LANDSCAPING 10,692   10,692  
    BANK CHARGES 138   138  
    MISCELLANEOUS 5,386   5,386  
    MEMBERSHIP 4,840   4,840  
    PAYROLL TAXES 15,708   15,708  
    CREDIT CARD FEES 16,475   16,475  
    ADVERTISING 9,028   9,028  
    COST OF GOODS SOLD 496,600   496,600  


    TY 2013 OtherIncomeSchedule2
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GOLF COURSE 678,003   678,003
    DEER BROOK GOLF CLUB K-1 -8,948   -8,948


    TY 2013 OtherLiabilitiesSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSIT   400


    TY 2013 OtherNotesLoansRcvblShortSch2
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Name of 501(c)(3) Organization Balance Due
    NR DEER BROOK
          		133,558
    NR SWOFFORD ROAD
          		61,500


    TY 2013 SubstantialContributorsSch
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Name Address
    MACHINE BUILDERS DESIGN PO BOX 168
    SHELBY,NC281510168


    TY 2013 TaxesSchedule
    Name:
    HARVEST TIME FOUNDATION
    EIN: 06-1700689
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 5,421      
    FEDERAL INCOME TAXES 500   500  
    GOLF COURSE 42,817   42,817