Morgan County Schools Foundation in Decatur, Alabama (AL)
Table of contents:
| Morgan County Schools Foundation | |
| Employer Identification Number (EIN) | 454429809 |
| Name of Organization | Morgan County Schools Foundation |
| In Care of Name | JOSEPH WYNN |
| Address | 1323 Stratford Road Se, Decatur, AL 35601 |
| Subsection | Charitable Organization |
| Ruling Date | 11/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2013 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $29,139 |
| Amount of Income | $29,875 |
| Form 990 Revenue Amount | $29,875 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $29,875 (it was $0 in 2012)
| This organization: | $29,875 |
| Other organizations performing similar types of work: | $68,292 |
Assets in 2013: $29,139 (it was $0 in 2012)
| This organization: | $29,139 |
| Other organizations performing similar types of work: | $56,708 |
Expenses in 2013: $9,008
| Morgan County Schools Foundation: | $9,008 |
| Other organizations performing similar types of work: | $47,239 |
Income to expenses ratio in 2013: 3.3
| This organization: | 3.3 |
| Other organizations performing similar types of work: | 1.8 |
Grants share in income in 2013: 79.7%
| Morgan County Schools Foundation: | 79.7% |
| Other organizations performing similar types of work: | 0.5% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $29,875 |
| Contributions, gifts, grants, and similar amounts received | $23,801 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $6,074 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $49,525 |
| Less: direct expenses from gaming and fundraising events | $43,451 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $9,008 |
| Total net assets | $29,139 |
| Excess/Deficit for the year | $20,867 |
| Net assets or fund balances at beginning of year | $8,272 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $29,139 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $29,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,139 |
| Other Information | |
| 2013 | |
|---|---|
| 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 activities | No |
| 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 |
| Gross receipts for public use of club facilities | $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: (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 | $80,226 |
| Subtotal | $80,226 |
| Gifts, grants, contributions, and membership fees received | $30,701 |
| 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 | $49,525 |
| 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 | $80,226 |
| Public support | $80,226 |
| 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
  |
|
Foster Outreach Ministries 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 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The University Of Arkansas Fort Smith Foundation Inc | PO BOX 3649, Fort Smith, AR 72913-3649 | AR | 1975-01 | $25,316,256 |
| 2 | Rsf Social Investment Fund Inc | 1002 Oreilly Ave, San Francisco, CA 94129-5257 | CA | 2000-12 | $4,721,971 |
| 3 | The Elizabeth Bowers Zambia Education Fund | Po Box 294, Salem, OR 97308-0294 | OR | 2007-03 | $49,547 |
| 4 | Marion Military Institute Foundation Inc | 1101 Washington Street, Marion, AL 36756-3208 | AL | 2008-08 | $1,081,522 |
| 5 | Southside Athletics Foundation Inc | 3331 Rainbow Drive Ste E Pmb 129, Rainbow City, AL 35906 | AL | 2008-03 | $448,088 |
| 6 | Alabama Classic Foundation | PO BOX 1034, Birmingham, AL 35201-1034 | AL | 2011-08 | $175,050 |
| 7 | Supporting Educational Enrichment In Daphnes Schools Inc | PO BOX 460, Daphne, AL 36526-0460 | AL | 2005-03 | $149,308 |
| 8 | Red Elephant Club Of Tuscaloosa Inc | PO BOX 2663, Tuscaloosa, AL 35403 | AL | 2011-08 | $144,329 |
| 9 | Free 2 Teach Foundation, Eula Battle Ttee | PO BOX 1405, Huntsville, AL 35807-0405 | AL | 2012-09 | $74,523 |
| 10 | Ladders Up Inc, Ladders Up | 2000 Crestwood Blvd Ste 300, Irondale, AL 35210-2052 | AL | 2014-12 | $40,000 |
| 11 | Morgan County Schools Foundation | 1323 Stratford Road Se, Decatur, AL 35601 | AL | 2012-11 | $29,875 |
| 12 | Valley Innovation Alliance | 303 Williams Ave Sw, Huntsville, AL 35801-6012 | AL | 2009-10 | $18,400 |
| 13 | Spase Foundation | 3097 Whispering Pines Cir, Hoover, AL 35226-3447 | AL | 2014-02 | $14,118 |
| 14 | Alabama Dream Scholarship Foundation | 600 18th St N, Birmingham, AL 35203-2206 | AL | 2014-07 | $0 |
| 15 | Alabama Entrepreneur Foundation Inc | 705 Highland Manor Ct, Birmingham, AL 35226-4130 | AL | 2001-07 | $0 |
| 16 | Bibb County Schools Foundation Inc | 721 Walnut Street, Centreville, AL 35042 | AL | 2011-09 | $0 |
| 17 | Clay-Chalkville Academic Booster Association | 6211 Cardinal Dr, Pinson, AL 35126-3494 | AL | 2004-07 | $0 |
| 18 | Dr John T Murphy Jr Memorial Foundation Inc | 157 Culver Ellis Blvd, Killen, AL 35645-5817 | AL | 2015-04 | $0 |
| 19 | Friends Of Helena Schools | Po Box 37, Helena, AL 35080 | AL | 2012-06 | $0 |
| 20 | Friends Of The Guntersville Public Library | 1240 Obrig Avenue, Guntersville, AL 35950 | AL | 2014-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,586 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Morgan County Schools Foundation »
Non-representatives - add comments about Morgan County Schools Foundation»