Mark Anthony Chatom Memorial Scholarship Foundation in Mobile, Alabama (AL)
Table of contents:
| Mark Anthony Chatom Memorial Scholarship Foundation | |
| Employer Identification Number (EIN) | 271486250 |
| Name of Organization | Mark Anthony Chatom Memorial Scholarship Foundation |
| In Care of Name | Harry Satterwhite |
| Address | 1172 Newbury Ln W, Mobile, AL 36695-4460 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2010 |
| 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 | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $14,625 |
| Amount of Income | $748 |
| Form 990 Revenue Amount | $748 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2013: $748 (it was $6,883 in 2012)
| Mark Anthony Chatom Memorial Scholarship Foundation: | $748 |
| Other organizations performing similar types of work: | $41,680 |
Assets in 2013: $14,625 (it was $17,187 in 2012)
| This organization: | $14,625 |
| Other organizations performing similar types of work: | $65,579 |
Expenses in 2013: $3,310
| Mark Anthony Chatom Memorial Scholarship Foundation: | $3,310 |
| Other organizations performing similar types of work: | $24,470 |
Income to expenses ratio in 2013: 0.2
| Mark Anthony Chatom Memorial Scholarship Foundation: | 0.2 |
| Other organizations performing similar types of work: | 0.5 |
Grants share in income in 2013: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 9.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $6,883 | $748 |
| Contributions, gifts, grants, and similar amounts received | $4,976 | $0 |
| Program service revenue including government fees and contracts | $1,900 | $740 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $7 | $8 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $2,459 | $3,310 |
| Total net assets | $17,187 | $14,625 |
| Excess/Deficit for the year | $4,424 | $-2,562 |
| Net assets or fund balances at beginning of year | $12,763 | $17,187 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $17,187 | $14,625 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $17,187 | $14,625 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $17,187 | $14,625 |
| Other Information | ||
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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 | $13,762 |
| Subtotal | $13,762 |
| Gifts, grants, contributions, and membership fees received | $11,109 |
| 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 | $2,653 |
| 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 | $13,762 |
| Public support | $13,762 |
| 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 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Us-Central Asia Education Foundation | 124 U St Nw, Washington, DC 20001-1606 | DC | 2007-10 | $4,838,252 |
| 2 | Subsea Tieback Scholarship Fund | 5418 Woodbury St, Fulshear, TX 77441-4139 | TX | 2007-10 | $101,112 |
| 3 | Tom Mcmahon Construction Scholarship Fund | 4441 S Abilene Cir, Aurora, CO 80015-1047 | CO | 2006-11 | $18,033 |
| 4 | W H Turner & Sara Elizabeth Turner Medical Trust | PO BOX 2886, Mobile, AL 36652-2886 | AL | 2000-06 | $7,222,090 |
| 5 | Scholarships For Kids Inc | 1901 6th Ave N Ste 2400, Birmingham, AL 35203-4604 | AL | 2013-06 | $6,374,808 |
| 6 | Merrill I & Grace Hanks Charitable Tr | PO BOX 1628, Mobile, AL 36633-1628 | AL | 2012-03 | $1,888,675 |
| 7 | The Arnold B And Joanne B Dopson Foundation A Nonprofit Corp | PO BOX 780008, Tallassee, AL 36078-0001 | AL | 2007-06 | $1,409,105 |
| 8 | Hudson Family Foundation | 300 N Dean Road Suite 5 163, Auburn, AL 36830-4404 | AL | 2009-06 | $454,610 |
| 9 | Roy Lee Farish And Wilda W Farish Educational Trust, Donald M Mcleod Ttee | PO BOX 788, Camden, AL 36726-0788 | AL | 2007-01 | $372,386 |
| 10 | Violet Hampton Tr Uw 2 | Regions Bank Trust Department P O B, Mobile, AL 36652 | AL | 2002-04 | $262,574 |
| 11 | Shoals Scholar Dollars Foundation Inc | 475 S Seminary St, Florence, AL 35630-5660 | AL | 2012-01 | $235,540 |
| 12 | Toussaint L Hale Sr Scholarship And Benevolence Fund | P O Box 604, Birmingham, AL 35201 | AL | 1984-07 | $197,276 |
| 13 | The Andalusia Kiwanis Club Foundation Inc | PO BOX 624, Andalusia, AL 36420-1211 | AL | 1997-02 | $144,449 |
| 14 | Rocket City Scholarship Granting Organization Inc | PO BOX 99, Owens Cross Roads, AL 35763-8911 | AL | 2014-01 | $128,720 |
| 15 | Sam Kerlin Family Scholarship Trust | PO BOX 2886, Mobile, AL 36652-2886 | AL | 2005-01 | $94,586 |
| 16 | Italian American Heritage Society | 2019 Blue Heron Cir, Birmingham, AL 35242-6853 | AL | 2014-10 | $93,554 |
| 17 | D & F Charity Trust | 200 Broad Street 3rd Floor Ste B, Gadsden, AL 35901-3710 | AL | 2010-06 | $88,700 |
| 18 | Southern Pine Electric Trust Inc | 2134 South Blvd, Brewton, AL 36426-7164 | AL | 2003-01 | $69,730 |
| 19 | Employee Support Fund | 301 S Ripley St, Montgomery, AL 36104-4425 | AL | 2010-07 | $65,980 |
| 20 | Rosetta James Foundation | 415a Church St Nw Ste 100, Huntsville, AL 35801-7008 | AL | 2007-08 | $64,860 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 23,481 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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