Form 990-T



Department of the Treasury
Internal Revenue Service
Exempt Organization Business Income Tax Return
(and proxy tax under section 6033(e))
For calendar year 2020 or other tax year beginning 01-01-2020 and ending 12-31-2020
►Go to www.irs.gov/Form990T for instructions and the latest information.
►Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2020
Open to Public Inspection for 501(c)(3) Organizations Only
A Check box if address changed.
B Exempt under section
501( c3 )
408(e) 220(e)
408A530(a)
529(a)529A
Print or Type
Name of organization ( Check box if name changed and see instructions.)
The Family Place
 
Number, street, and room or suite no. If a P.O. box, see instructions.
PO Box 7999
 
City or town, state or province, and ZIP or foreign postal code
Dallas, TX75209
C Book value of all assets at end of year .....►23,448,253
D   Employer identification number
75-1590896
E   Group exemption number
    (see instructions)
 
F Check box if an amended return.
G
Check organization type ►
501(c) corporation 501(c) trust 401(a) trust Other trust Applicable reinsurance entity
H
Check if filing only to ►
Claim credit from Form 8941 Claim a refund shown on Form 2439
I
Check if a 501(c)(3) organization filing a consolidated return with a 501(c)(2) titleholding corporation .........►
J
Enter the number of attached Schedules A (Form 990-T) ...............►  
K
During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ...►
Yes No
 
If "Yes," enter the name and identifying number of the parent corporation ►
 
L
The books are in care of ►
PAIGE FLINK
PO BOX 7999
DALLAS,TX75209
Telephone number ► (214) 559-2170
Part I
Total Unrelated Business Taxable Income
1
Total of unrelated business taxable income computed from all unrelated trades or businesses (see instructions) ..............................

1

 
2
Reserved ..............................
2
 
3
Add lines 1 and 2 ............................
3
 
4
Charitable contributions (see instructions for limitation rules) ..............
4
 
5
Total unrelated business taxable income before net operating losses. Subtract line 4 from line 3 ....
5
 
6
Deduction for net operating loss. See instructions .................
6
 
7
Total of unrelated business taxable income before specific deduction and section 199A deduction.
Subtract line 6 from line 5 .........................

7

 
8
Specific deduction (generally $1,000, but see instructions for exceptions) ..........
8
 
9
Trusts. Section 199A deduction. See instructions .................
9
 
10
Total deductions. Add lines 8 and 9 ......................
10
 
11
Unrelated business taxable income. Subtract line 10 from line 7. If line 10 is greater than line 7, enter zero ................................

11

0
Part II
Tax Computation
1
Organizations taxable as corporations. Multiply Part I, line 11 by 21% (0.21) .......►
1
0
2
Trusts taxable at trust rates. See instructions for tax computation. Income tax on the amount on
Part I, line 11 from: Tax rate schedule or Schedule D (Form 1041) ........►

2

 
3
Proxy tax. See instructions .......................►
3
 
4
Other tax amounts. See instructions ....................
4
 
5
Alternative minimum tax (trusts only) .....................
5
 
6
Tax on noncompliant facility income. See instructions ................
6
 
7
Total. Add lines 3 through 6 to line 1 or 2, whichever applies ...............
7
0
For Paperwork Reduction Act Notice, see instructions.Cat. No. 11291JForm 990-T (2020)
Form 990-T (2020)
Page 2
Part III
Tax and Payments
1a
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
1a
 
 
 
b
Other credits (see instructions) ..............
1b
 
 
 
c
General business credit. Attach Form 3800 (see instructions) .....
1c
 
 
 
d
Credit for prior year minimum tax (attach Form 8801 or 8827) ....
1d
 
 
 
e
Total credits. Add lines 1a through 1d .....................
1e
 
2
Subtract line 1e from Part II, line 7 .....................
2
0
3
Other taxes. Check if from: Form 4255 Form 8611 Form 8697 Form 8866
Other (attach statement) ...............

3

 
4
Total tax. Add lines 2 and 3 (see instructions). Check if includes tax previously deferred under
section 1294. Enter the tax amount here  

4

0
5
2020 net 965 tax liability paid from Form 965-A or Form 965-B, Part II, column (k), line 4 .....
5
 
6a
Payments: A 2019 overpayment credited to 2020 ........
6a
 
 
 
b
2020 estimated tax payments. Check if section 643(g) election applies ►
6b
 
 
 
c
Tax deposited with Form 8868 ..............
6c
 
 
 
d
Foreign organizations: Tax paid or withheld at source (see instructions) .
6d
 
 
 
e
Backup withholding (see instructions) ............
6e
 
 
 
f
Credit for small employer health insurance premiums (attach Form 8941) .
6f
 
 
 
g
Other credits, adjustments, and payments: Form 2439
Form 4136 Other Total ►

6g

 
 
 
7
Total payments. Add lines 6a through 6g .....................
7
 
8
Estimated tax penalty (see instructions). Check if Form 2220 is attached ........ ►
8
 
9
Tax due. If line 7 is smaller than the total of lines 4, 5, and 8, enter amount owed .......►
9
0
10
Overpayment. If line 7 is larger than the total of lines 4, 5, and 8, enter amount overpaid ....►
10
 
11
Enter the amount of line 10 you want: Credited to 2021 estimated tax►   Refunded►
11
 
Part IV
Statements Regarding Certain Activities and Other Information (see instructions)
1
At any time during the 2020 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If "Yes," the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If "Yes," enter the name of the foreign country here ►
Yes
No
 
 
 
No
2
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?
 
No
 
If "Yes," see instructions for other forms the organization may have to file.
 
 
3
Enter the amount of tax-exempt interest received or accrued during the tax year ..... ► $  
 
 
4a
Did the organization change its method of accounting? (see instructions) .................
 
No
4b
If 4a is "Yes," has the organization described the change on Form 990, 990-EZ, 990-PF, or Form 1128? If "No," explain in Part V
 
 
Part V
Supplemental Information
Provide the explanation required by Part IV, line 4b. Also, provide any other addtional information. See instructions.
Part Number Line Number Explanation Amount
Page 1 Box J THE TAXPAYER DOES NOT HAVE ANY ACTIVITIES GENERATING UNRELATED  
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.
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Signature of officer

Date
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Title
May the IRS discuss this return with the preparer shown below (see instructions)? YesNo
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
Form 990-T (2020)
Additional Data


Software ID:  
Software Version:  

Form 8949

Department of the Treasury
Internal Revenue Service

Sales and Other Dispositions of Capital Assets
SmallBulletGo to www.irs.gov/Form8949 for instructions and the latest information.
SmallBulletFile with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 ofSchedule D.
OMB No. 1545-0074
2020
Attachment
Sequence No. 12A
Name(s) shown on return
The Family Place
 
Social security number or taxpayer identification number
75-1590896
Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part I
Short-Term. Transactions involving capital assets you held 1 year or less are generally short term (see instructions). For long-term transactions, see page 2.
Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)		 (c)
Date sold or
disposed of
(Mo., day, yr.)
 (d)
Proceeds
(sales price)
(see instructions)		 (e)
Cost or other basis.
See the Note below
and see Column (e)
in the separate
instructions		 Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.		 (h)
Gain or (loss).
Subtract column (e)
from column (d) and
combine the result
with column (g)
(f)
Code(s) from
instructions		 (g)
Amount of
adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked). .......Small arrow
  (   )    
Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 37768Z
Form 8949 (2020)
Form 8949 (2020)
Attachment Sequence No. 12A Page 2
Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side
The Family Place
Social security number or taxpayer identification number
75-1590896
Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part II
Long-Term. Transactions involving capital assets you held more than 1 year are generally long term (see instructions). For short-term transactions, see page 1.
Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box D, E, or F below. Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)		 (c)
Date sold or
disposed of
(Mo., day, yr.)
 (d)
Proceeds
(sales price)
(see instructions)		 (e)
Cost or other basis.
See the Note below
and see Column (e)
in the separate
instructions		 Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.		 (h)
Gain or (loss).
Subtract column (e)
from column (d) and
combine the result
with column (g)
(f)
Code(s) from
instructions		 (g)
Amount of
adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h)(subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box D above is checked), line 9 (if Box E above is checked), or line 10 (if Box F above is checked) ..........Small arrow
  (   )    
Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
Form 8949 (2020)
Additional Data


Software ID:  
Software Version: