Lee Foundation Inc in Magnolia Spgs, Alabama (AL)
Table of contents:
| Lee Foundation Inc | |
| Employer Identification Number (EIN) | 271447316 |
| Name of Organization | Lee Foundation Inc |
| Address | PO BOX 624, Magnolia Spgs, AL 36555-0624 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2011 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $21,526 |
| Amount of Income | $25,624 |
| Form 990 Revenue Amount | $25,624 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $4,870 | $1,601 | $25,624 |
| Contributions, gifts, grants, and similar amounts received | $4,870 | $1,601 | $25,615 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $9 |
| Total expenses | $3,781 | $1,625 | $5,734 |
| Total net assets | $1,660 | $1,636 | $21,526 |
| Excess/Deficit for the year | $1,089 | $-24 | $19,890 |
| Net assets or fund balances at beginning of year | $571 | $1,660 | $1,636 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $1,636 | $21,526 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $1,660 | $1,636 | $21,526 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $1,660 | $1,636 | $21,526 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $34,477 |
| Subtotal | $34,477 |
| Gifts, grants, contributions, and membership fees received | $34,477 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $34,477 |
| Public support | $34,477 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Decatur Youth Enrichment Association in Decatur, AL
  |
|
National Association For The Advancement Of Colored People, 5017 Coffee County Branch Naacp in Enterprise, AL
|
| Mystical Order Treasures Of The Isle in Orange Beach, AL |
| Parkinsons Support Group Of Huntsville in Huntsville, AL |
|
Veterans Place in Montgomery, AL
|
|
Carlton Reese Memorial Unity Choir in Birmingham, AL
|
| Southwest Alabama Veterans Association Inc in Prichard, AL |
|
Rotary International in Opelika, AL
|
| National Alliance For Public Trust Inc in Auburn, AL |
| Monroe County Humane Society Inc in Monroeville, AL |
| Other organizations in Alabama | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Leadership Dekalb County Inc | PO BOX 680536, Fort Payne, AL 35968-1606 | AL | 1996-08 | $0 |
| 2 | Leadership Elmore County | Po Box 507, Wetumpka, AL 36092 | AL | 2011-01 | $0 |
| 3 | Leadership Jefferson County | PO BOX 14043, Birmingham, AL 35202-4001 | AL | 2011-05 | $0 |
| 4 | Leadership Selma-Dallas County Alumni Inc | 912 Selma Avenue, Selma, AL 36701 | AL | 2006-12 | $0 |
| 5 | Leadership Vestavia Hills Inc | P O Box 660591, Birmingham, AL 35213 | AL | 2000-05 | $0 |
| 6 | Leap Of Faith Horse Ministry | P O Box 238, Excel, AL 36439 | AL | 2009-10 | $0 |
| 7 | Learning For Life | 26 Crawford Road, Pine Hill, AL 36769 | AL | 2007-03 | $0 |
| 8 | Learning Lane | 1849 Bessemer Rd, Birmingham, AL 35208-4118 | AL | 2010-11 | $0 |
| 9 | Learningquest | Po Box 2387, Huntsville, AL 35804 | AL | 2010-09 | $0 |
| 10 | Lee County Cemetery Preservation Commission Inc | 1319 Clearmont Circle, Opelika, AL 36801 | AL | 2014-03 | $0 |
| 11 | Lee Foundation Inc | PO BOX 624, Magnolia Spgs, AL 36555-0624 | AL | 2011-08 | $25,624 |
| 12 | Lee Heights Baptist Church | 139 Cox Creek Pkwy S, Florence, AL 35630-3264 | AL | 1972-04 | $0 |
| 13 | Leeds Church Of Christ | 1401 Ashville Rd, Leeds, AL 35094-7501 | AL | 2009-06 | $0 |
| 14 | Leeds Police Charities Inc | 1040 Park Dr, Leeds, AL 35094-1896 | AL | 2010-09 | $0 |
| 15 | Leeds Quarterback Club | PO BOX 398, Leeds, AL 35094-0007 | AL | 2009-12 | $0 |
| 16 | Leeds Worship Center | PO BOX 1222, Trussville, AL 35173-6101 | AL | 1972-10 | $0 |
| 17 | Legacy 4 Korean War Veterans Foundation | 107 Averbeck Ct, Madison, AL 35758 | AL | 2011-07 | $0 |
| 18 | Legacy For Good Foundation | 100 Corporate Ridge Suite 200, Birmingham, AL 35242 | AL | 2011-01 | $0 |
| 19 | Leighton Public Library | P O Box 484, Leighton, AL 35646 | AL | 2009-08 | $0 |
| 20 | Boaz City Schools Foundation | Po Box 331, Boaz, AL 35957 | AL | 2014-04 | $20,853 |
Organization representatives - add corrected or new information about Lee Foundation Inc »
Non-representatives - add comments about Lee Foundation Inc»