Institute For Advanced Studies In The Space Propulsion & Energy Scie in Madison, Alabama (AL)

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Institute For Advanced Studies In The Space Propulsion & Energy Scie
Employer Identification Number (EIN)320241466
Name of OrganizationInstitute For Advanced Studies In The Space Propulsion & Energy Scie
In Care of NameIasspes
Address265 Ita Ann Ln, Madison, AL 35757-7427
SubsectionEducational Organization
Ruling Date03/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1
Amount of Income$19,533
Form 990 Revenue Amount$19,533
National Taxonomy of Exempt Entities (NTEE)Science and Technology Research Institutes, Services: Physical Sciences, Earth Sciences Research and Promotion


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Amount of income in 2014: $19,533 (it was $0 in 2013)
Institute For Advanced Studies In The Space Propulsion & Energy Scie: 

 $19,533
Other organizations performing similar types of work: 

 $82,849

Assets in 2014: $1 (it was $82 in 2013)
This organization: 

 $1
Other organizations performing similar types of work: 

 $66,196

Expenses in 2013: $148
Institute For Advanced Studies In The Space Propulsion & Energy Scie: 

 $148
Other organizations performing similar types of work: 

 $58,728

Income to expenses ratio in 2013: 132.0
This organization: 

 132.0
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: -,nan,(ind)%
Institute For Advanced Studies In The Space Propulsion & Energy Scie: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 0.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$19,533$1,573$0
Total expenses$15,407$5,717$148
Total net assets$4,373$230$82
Excess/Deficit for the year$4,125$-4,144$-148
Net assets or fund balances at beginning of year$248$4,374$230
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$82
Balance Sheets
201120122013
Total assets$4,373$230$82
Total liabilities$0$0$0
Net assets or fund balances$4,373$230$82
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$214
Subtotal Support$214
Gifts, grants, contributions, and membership fees received$214
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$214
Public Support$214
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$124,521
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1Sequoia Farm Foundation145 N Merchant St, Decatur, IL 62523-1216IL2013-04$23,723,116
2Science Friday Initiative Inc19 W 44th St Ste 412, New York, NY 10036-5900NY2003-12$2,521,893
3Washington Aerospace Scholarsfoundation9404 E Marginal Way S, Tukwila, WA 98108-4097WA2007-04$1,703,740
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Number of organizations performing similar types of work
Alaska1
Alabama6
Arkansas2
Arizona5
California44
Colorado13
Connecticut4
District of Columbia4
Delaware2
Florida15
Georgia4
Iowa4
Illinois8
Indiana1
Kansas2
Kentucky1
Louisiana1
Massachusetts12
Maryland5
Maine4
Michigan1
Minnesota3
Mississippi1
Montana6
North Carolina9
Nebraska1
New Hampshire3
New Jersey2
New Mexico5
Nevada2
New York13
Ohio4
Oklahoma3
Oregon8
Pennsylvania3
South Carolina2
South Dakota2
Tennessee4
Texas20
Utah3
Virginia7
Vermont2
Washington13
Wisconsin4
West Virginia1
Wyoming2
Total262

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