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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE MIGHTY BLUEBIRDS INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3505
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LITTLE ROCK, AR722033505
A Employer identification number

73-1632596
B Telephone number (see instructions)

(501) 375-3737
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,532,792J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 886,625
2 Check bullet.............
3 Interest on savings and temporary cash investments 941 941 941
4 Dividends and interest from securities... 174,752 167,330 174,752
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 153,096
b Gross sales price for all assets on line 6a 5,753,441
7 Capital gain net income (from Part IV, line 2)... 153,096
8 Net short-term capital gain......... 146,150
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 187,450   187,450
12 Total. Add lines 1 through 11........ 1,402,864 321,367 509,293
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 248,099     248,099
15 Pension plans, employee benefits....... 159,559     159,559
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,075     2,075
c Other professional fees (attach schedule).... Click to see attachment 241,390 16,062   225,328
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 123 123    
19 Depreciation (attach schedule) and depletion... Click to see attachment 914,956    
20 Occupancy.............. 195,149     195,149
21 Travel, conferences, and meetings....... 184,279     184,279
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 491,505     479,305
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,437,135 16,185   1,493,794
25 Contributions, gifts, grants paid....... 870,184 870,184
26 Total expenses and disbursements. Add lines 24 and 25 3,307,319 16,185   2,363,978
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,904,455
b Net investment income (if negative, enter -0-) 305,182
c Adjusted net income (if negative, enter -0-)... 509,293
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 370,981 797 797
2 Savings and temporary cash investments......... 42,718 239,882 239,882
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) bullet24,400
Less: allowance for doubtful accounts bullet   24,400 Click to see attachment24,400 24,400
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,037,889 Click to see attachment1,658,276 1,686,585
b Investments—corporate stock (attach schedule)....... 2,501,764 Click to see attachment1,801,138 1,751,794
c Investments—corporate bonds (attach schedule)....... 359,853 Click to see attachment1,025,947 1,029,334
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet15,748,563
Less: accumulated depreciation (attach schedule) bullet4,281,497 11,643,840 Click to see attachment11,467,066 15,800,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,981,445 16,217,506 20,532,792
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 attachment240
23 Total liabilities (add lines 17 through 22).........   240
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 17,981,445 16,217,266
30 Total net assets or fund balances (see instructions)..... 17,981,445 16,217,266
31 Total liabilities and net assets/fund balances (see instructions). 17,981,445 16,217,506
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
17,981,445
2
Enter amount from Part I, line 27a .....................
2
-1,904,455
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
140,276
4
Add lines 1, 2, and 3 ..........................
4
16,217,266
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
16,217,266
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-03-27
b MUNICIPAL BOND ALABAMA ST UNIV P 2017-12-15 2018-02-28
c MUNICIPAL BOND LA LOC GOVT ENV P 2018-02-12 2018-12-03
d PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-05-25
e MUNICIPAL BOND ALABAMA ST UNIV P 2017-12-15 2018-04-02
MUNICIPAL BOND PHOENIX AZ INDL DEV P 2017-04-05 2018-12-03
PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-07-26
MUNICIPAL BOND D'IBERVILLE MS P 2017-11-10 2018-04-11
CORPORATE BOND PERSHING RD DEV CO P 2017-09-19 2018-12-06
PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-08-27
MUNICIPAL BOND HARTFORD CT P 2016-05-18 2018-05-17
MUNICIPAL BOND LA LOC GOVT ENV P 2018-02-12 2018-12-06
PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-09-20
CORPORATE BOND OFFUTT AFB CUSTODIAL P 2018-04-06 2018-05-22
CORPORATE BOND PERSHING RD DEV CO P 2017-09-19 2018-12-17
PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-11-29
CORPORATE BOND STAUNTON HOTEL LLC P 2017-09-19 2018-06-01
PUBLICLY TRADED SECURITIES-STEPHENS P 2017-07-12 2018-12-26
CORPORATE BOND PERSHING RD DEV CO P 2017-09-19 2018-06-15
PUBLICLY TRADED SECURITIES-MERRILL L P 2018-02-07 2018-12-03
MUNICIPAL BOND SPRINGDALE AR P 2018-04-11 2018-06-04
PUBLICLY TRADED SECURITIES-MERRILL L P 2018-06-04 2018-09-19
CORPORATE BOND PERSHING RD DEV CO P 2017-09-19 2018-09-17
PUBLICLY TRADED SECURITIES-MERRILL L P 2018-02-09 2018-06-05
COLONY TX CMNTY DEV CORP P 2018-04-11 2018-10-01
MUNICIPAL BOND PUBLIC FIN AUTH WI P 2017-09-01 2018-01-22
MUNICIPAL BOND PEND OREILLE CNTY WA P 2017-07-28 2018-10-11
MUNICIPAL BOND PUBLIC FIN AUTH WI P 2017-09-01 2018-02-01
MUNICIPAL BOND PEND OREILLE CNTY WA P 2017-07-28 2018-10-24
CORPORATE BOND PERSHING RD DEV CO P 2017-09-19 2018-03-16
MUNICIPAL BOND MERIDEN CT HSG AUTH P 2015-07-20 2018-11-01
MUNICIPAL BOND OHIO CNTY WV P 2016-04-29 2018-03-01
MUNICIPAL BOND EASTERN IL UNIV P 2015-12-16 2018-11-08
MUNICIPAL BOND PUBLIC FIN AUTH WI P 2017-09-01 2018-02-01
MUNICIPAL BOND PEND OREILLE CNTY WA P 2017-07-28 2018-11-08
(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 1,044,191   948,216 95,975
b 20,000   19,013 987
c 45,000   44,301 699
d 222,785   202,786 19,999
e 230,000   218,644 11,356
5,000   5,475 -475
230,543   206,235 24,308
312,625   308,990 3,635
159,968   175,769 -15,801
341,973   307,659 34,314
94,278   114,706 -20,428
147,844   147,669 175
130,644   117,741 12,903
147,829   146,570 1,259
10,000   10,986 -986
625,664   641,965 -16,301
15,000   15,254 -254
80,218   86,169 -5,951
20,000   21,971 -1,971
475,049   463,028 12,021
147,210   145,661 1,549
21,791   19,430 2,361
30,000   32,957 -2,957
321   281 40
22,551   22,551  
217,543   215,000 2,543
102,612   103,570 -958
555,000   555,000  
51,382   51,785 -403
15,000   16,478 -1,478
10,000   10,247 -247
5,000   5,472 -472
29,254   30,622 -1,368
33,000   32,789 211
154,158   155,355 -1,197
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       95,975
b       987
c       699
d       19,999
e       11,356
      -475
      24,308
      3,635
      -15,801
      34,314
      -20,428
      175
      12,903
      1,259
      -986
      -16,301
      -254
      -5,951
      -1,971
      12,021
      1,549
      2,361
      -2,957
      40
       
      2,543
      -958
       
      -403
      -1,478
      -247
      -472
      -1,368
      211
      -1,197
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 2 153,096
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 3 146,150
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 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))
2017 1,789,557 3,062,371 0.584370
2016 5,881,096 3,812,270 1.542676
2015 5,402,661 1,215,461 4.444948
2014 329,932    
2013 286,655    
2
Total of line 1, column (d) .....................
2
6.571994
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
2.190665
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,836,334
5
Multiply line 4 by line 3......................
5
12,785,453
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,052
7
Add lines 5 and 6........................
7
12,788,505
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,099,085
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 6,104
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 6,104
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 6,104
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 139
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 6,243
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   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 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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
     
     
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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
    Yes
     
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletMIGHTYBLUEBIRDS.COM
    14
    The books are in care ofbulletMIGHTY BLUEBIRDS INC Telephone no.bullet (501) 375-3737

    Located atbulletPO BOX 3505LITTLE ROCKAR ZIP+4bullet72203
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    3b
     
     
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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 4945(d)(4)(A)? 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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    GREG HATCHER PRESIDENT
    18.00     		0 0 0
    PO BOX 3505
    LITTLE ROCK,AR72203
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 PROMOTION OF YOUTH SPORTS INCLUDING SOCCER, WRESTLING BASEBALL AND BASKETBALL 3,099,085
    2  
    3  
    4  
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    5,627,346
    b
    Average of monthly cash balances.......................
    1b
    297,866
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,925,212
    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
    5,925,212
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    88,878
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,836,334
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    291,817
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    2,363,978
    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
    735,107
    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
    3,099,085
    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
    3,099,085
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,099,085
    a Applied to 2017, 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 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 3,099,085
    5 Excess distributions carryover applied to 2018.    
    (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 3,099,085
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    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 2018, enter the date of the ruling....... bullet
    2003-09-05
    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) 2018 (b) 2017 (c) 2016 (d) 2015
    291,817 153,119 190,614 60,773 696,323
    b 85% of line 2a ......... 248,044 130,151 162,022 51,657 591,874
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		3,099,085 1,789,557 5,881,096 5,403,163 16,172,901
    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 ....     		3,099,085 1,789,557 5,881,096 5,403,163 16,172,901
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 20,532,178 21,492,069 17,582,391 11,512,943 71,119,581
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 20,532,178 21,492,069 17,582,391 11,512,943 71,119,581
    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 foundation 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).)
    GREG HATCHER
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    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
    NATIONAL WRESTLING HALL OF FAME
    NATIONAL WRESTLING HALL OF FAME
    405 W HALL OF FAME
    405 W HALL OF FAME
    STILLWATER,OK74075     		NONE 501C(3) HONORS WEEK 50,000
    OUACHITA BAPTIST UNIVERSITY
    OUACHITA BAPTIST UNIVERSITY
    OBU BOX 3772
    OBU BOX 3772
    ARKADELPHIA,AR71998     		NONE 501C(3) OPERATIONS 566,065
    OUACHITA BAPTIST UNIVERSITY
    OUACHITA BAPTIST UNIVERSITY
    OBU BOX 3772
    OBU BOX 3772
    ARKADELPHIA,AR71998     		NONE 501C(3) SOCCER FACILITY 68,623
    UNIV OF AR LITTLE ROCK FOUNDATION
    UNIV OF AR LITTLE ROCK FOUNDATION
    2801 S UNIVERSITY AVE
    2801 S UNIVERSITY AVE
    LITTLE ROCK,AR72204     		NONE 501C(3) COACHES FUND 120,000
    UNIV OF AR LITTLE ROCK FOUNDATION
    UNIV OF AR LITTLE ROCK FOUNDATION
    2801 S UNIVERSITY AVE
    2801 S UNIVERSITY AVE
    LITTLE ROCK,AR72204     		NONE 501C(3) WRESTLING 10,496
    CENTRAL BAPTIST COLLEGE
    CENTRAL BAPTIST COLLEGE
    1501 COLLEGE AVE
    1501 COLLEGE AVE
    CONWAY,AR72032     		NONE 501C(3) SPORTS 35,000
    HARDING UNIVERSITY
    HARDING UNIVERSITY
    915 E MARKET AVE
    915 E MARKET AVE
    SEARCY,AR72149     		NONE 501C(3) SOCCER FACILITY 20,000
    Total .................................bullet 3a 870,184
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    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
    aREGISTRATIONS         79,800
    bREIMBURSED EXPENSES         107,533
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 941  
    4 Dividends and interest from securities....     14 174,752  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 153,096  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTHE BLACKSTONE GROUP LP     		    14 117  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   328,906 187,333
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    516,239
    (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.)
    1A PLAYER REGISTRATION FEES
    1B REIMBURSED EXPENSES INCOME
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE MIGHTY BLUEBIRDS INC
     
    Employer identification number

    73-1632596
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE MIGHTY BLUEBIRDS INC
          		Employer identification number
    73-1632596
    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
    GREG HATCHER  
    PO BOX 3505
     
    LITTLE ROCK, AR72203

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    GREG HATCHER  
    PO BOX 3505
     
    LITTLE ROCK, AR72203

    		$ 364,150


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    CHRIS OWEN  
    6800 PINNACLE VALLEY RD
     
    LITTLE ROCK, AR72223

    		$ 10,481


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JULIAN OWEN  
    6800 PINNACLE VALLEY RD
     
    LITTLE ROCK, AR72223

    		$ 10,994


    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE MIGHTY BLUEBIRDS INC
          		Employer identification number

    73-1632596
    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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE MIGHTY BLUEBIRDS INC
          		Employer identification number

    73-1632596
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CPA 2,075     2,075

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    TY 2018 DepreciationSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    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
    IMPROVEMENTS 2006-06-30 52,585 40,317 S/L 15.0000 3,506      
    SPORTS COMPLEX 2015-11-10 6,825,000 371,875 S/L 39.0000 175,000      
    ROAD IMPROVEMENTS 2015-09-30 3,125,671 1,923,069 150DB 15.0000 120,260      
    BASEBALL FIELD LIGHTS 2015-10-23 153,650 94,533 150DB 15.0000 5,912      
    SCOREBOARD 2015-03-11 58,893 36,234 150DB 15.0000 2,266      
    KUBOTA RTV 2015-06-22 14,900 11,642 200DB 7.0000 931      
    GOLF CART 2015-06-15 7,495 5,856 200DB 7.0000 468      
    GYM IMPROVEMENTS-6800 PV 2016-07-01 124,428 4,653 S/L 39.0000 3,190      
    GYM IMPROVEMENTS-6900 PV 2016-07-01 45,509 1,702 S/L 39.0000 1,167      
    LAND IMPROVEMENTS 2016-07-01 5,618 3,216 150DB 15.0000 240      
    NEW FACILITY 2016-07-01 273,539 10,228 S/L 39.0000 7,014      
    NEW FACILITY 2016-07-01 1,439,664 53,834 S/L 39.0000 36,914      
    LAND ROAD IMPROVEMENT 2016-07-01 617,865 353,728 150DB 15.0000 26,414      
    TENNIS FACILITY 2016-07-01 1,000,000 37,393 S/L 39.0000 25,641      
    LAND IMPROVEMENTS TENNIS FACILITY 2016-07-01 192,808 110,383 150DB 15.0000 8,242      
    INDOOR SOCCER COMPLEX 2016-07-01 25,822 966 S/L 39.0000 662      
    WRESTLING COMPLEX 2016-07-01 519,772 19,436 S/L 39.0000 13,327      
    GYM WINDOWS 2017-11-27 5,415 17 S/L 39.0000 139      
    2017 DODGE RAM 2500 (PVF) 2017-01-26 40,073 24,044 200DB 5.0000 6,411      
    JD 2017 COMPACT TRACTOR LOADER 2017-12-05 71,000 71,000 200DB 7.0000        
    TRACTOR EQUIPMENT 2017-12-13 4,324 4,324 200DB 7.0000        
    LAND IMPROVEMENTS 2017-07-01 35,662 18,722 150DB 15.0000 1,694      
    2017 DODGE RAM 1500 9094 2016-12-27 49,000 37,240 200DB 5.0000 4,704      
    2016 DODGE RAM 1500 7038 2016-12-27 38,000 28,880 200DB 5.0000 3,648      
    TRUCK 2016-12-27 31,950 21,726 200DB 5.0000        
    PVF GYM/BARN IMPROVEMENTS 2017-07-01 186,668 98,001 150DB 15.0000 8,866      
    TENNIS FACILITY 2017-02-27 94,626 2,123 S/L 39.0000 2,426      
    TENNIS FACILITY EQUIP 2017-01-12 5,469 3,125 200DB 7.0000 670      
    EQUIPMENT 2018-07-02 67,500   200DB 7.0000 67,500      
    EQUIPMENT 2018-06-30 36,942   200DB 7.0000 36,942      
    EQUIPMENT 2018-10-01 4,358   200DB 7.0000 4,358      
    BARN 2018-12-18 111,054   S/L 39.0000 119      
    IMPROVEMENTS 2018-07-01 10,465   150DB 15.0000 10,465      
    FENCING 2018-02-12 23,128   150DB 15.0000 23,128      
    IMPROVEMENTS 2018-11-14 103,772   S/L 39.0000 333      
    FENCE 2018-09-12 30,404   150DB 15.0000 30,404      
    BARN 2018-07-01 66,268   S/L 39.0000 779      
    ROAD 2018-12-13 281,216   150DB 15.0000 281,216      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 682,698 686,940
    COMMUNITY DEVELOPMENT CORP 224,738 224,468
    MUTUAL FUNDS 118,511 117,926

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES-STEPHENS 1,317,097 1,301,288
    EQUITIES-MERRILL LYNCH 372,781 339,412
    EQUITIES-MUTUAL FUND-MERRILL LYNCH 11,260 11,094
    FOLEY FITNESS 100,000 100,000

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    1,658,276
    State & Local Government Securities - End of Year Fair Market Value:


    1,686,585


    TY 2018 LandEtcSchedule2
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SPORTS COMPLEX 6,825,000 546,875 6,278,125 7,000,000
    ROAD IMPROVEMENTS 3,125,671 2,043,329 1,082,342 3,100,000
    LIGHTS 153,650 100,445 53,205 150,000
    SCOREBOARD 58,893 38,500 20,393  
    KUBOTA RTV 14,900 12,573 2,327  
    CART 7,495 6,324 1,171  
    BUILDINGS 52,585 43,823 8,762 50,000
    NEW FACILITY/IMPROVEMENTS 3,428,734 216,127 3,212,607 3,500,000
    LAND IMPROVEMENTS 816,291 502,223 314,068 800,000
    TRUCKS 127,073 104,927 22,146  
    JD 2017 COMPACT TRACTOR LOADER 71,000 71,000   50,000
    2017 EQUIPMENT 9,793 8,119 1,674  
    2017 LAND IMPROVEMENTS 35,662 20,416 15,246 50,000
    2017 GYM/BARN/TENNIS FACILITY 286,709 111,572 175,137 300,000
    2018 FENCE/LAND IMPROVEMENTS 345,213 345,213   400,000
    2018 BARN/IMPROVEMENTS 281,094 1,231 279,863 300,000
    2018 EQUIPMENT 108,800 108,800   100,000


    TY 2018 OtherExpensesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADVERTISING 17,040     17,040
    CAMP 5,475     5,475
    CHARTER LEASE 165,229     165,229
    CREDIT CARD PROCESSING FEES 3,842     3,842
    GEAR/EQUIPMENT 9,911     9,911
    INTERNET 576     576
    MISCELLANEOUS 23,857     23,857
    OFFICE SUPPLIES 11,444      
    PERSONAL PROPERTY TAX 3,472     3,472
    POSTAGE 756      
    REIMBURSED EXPENSES 5,290     5,290
    REPAIRS & MAINTENANCE 31,347     31,347
    SUPPLIES 95,427     95,427
    TOURNAMENT 2,500     2,500
    TOURNAMENT & REGISTRATION FEE 15,286     15,286
    TRACTOR REPAIRS & TIRES 26,385     26,385
    VIDEO 9,425     9,425
    WRESTLING SUPPLIES 64,243     64,243


    TY 2018 OtherIncomeSchedule2
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    REGISTRATIONS 79,800   79,800
    REIMBURSED EXPENSES 107,533   107,533
    THE BLACKSTONE GROUP LP 117   117


    TY 2018 OtherIncreasesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Description Amount
    OTHER INCREASES 140,276


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Description Beginning of Year - Book Value End of Year - Book Value
    MERRILL LYNCH-SHORTS CALL   240


    TY 2018 OtherNotesLoansRcvblShortSch2
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Name of 501(c)(3) Organization Balance Due
    NOTE RECEIVABLE
          		24,400


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COACHES 164,462     164,462
    FEES-CAMPS/LESSONS/REFEREES 56,520     56,520
    OTHER PROFESSIONAL FEES 4,346     4,346
    INVESTMENT FEES 10,178 10,178    
    INVESTMENT ADVISORY FEES 5,884 5,884    


    TY 2018 SubstantialContributorsSch
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Name Address
    GREG HATCHER PO BOX 3505
    PO BOX 3505
    LITTLE ROCK,AR72203


    TY 2018 TaxesSchedule
    Name:
    THE MIGHTY BLUEBIRDS INC
    EIN:
    73-1632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 123 123