Tuscaloosa Rotary-Memorial Foundation in Tuscaloosa, Alabama (AL)
Table of contents:
- Overview
- Detailed Reports
- Revenue, Expenses, and Changes in Net Assets or Fund Balances
- Balance Sheets
- Other Information
- Reason for Public Charity Status
- Support Schedule for Organizations Described in Section 509(a)(2)
- Revenue, Expenses, and Changes in Net Assets or Fund Balances
- Balance Sheets
- Other Information
- Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
- Statements About Activities
- Reason for Non-Private Foundation Status
- Support Schedule
- Lobbying Expenditures by Electing Public Charities
- Organizations performing similar types of work
| Tuscaloosa Rotary-Memorial Foundation | |
| Employer Identification Number (EIN) | 237156330 |
| Name of Organization | Tuscaloosa Rotary-Memorial Foundation |
| Address | PO BOX 20647, Tuscaloosa, AL 35402-0647 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Scholarships (other) |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 05/1972 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $234,737 |
| Amount of Income | $33,258 |
| Form 990 Revenue Amount | $33,258 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community Service Clubs |
Non-representatives - add comments:
Amount of income in 2014: $33,258
| Tuscaloosa Rotary-Memorial Foundation: | $33,258 |
| Other organizations performing similar types of work: | $75,431 |
Assets in 2014: $234,737
| This organization: | $234,737 |
| Other organizations performing similar types of work: | $90,413 |
Expenses in 2014: $17,657
| This organization: | $17,657 |
| Other organizations performing similar types of work: | $51,767 |
Income to expenses ratio in 2014: 1.9
| Tuscaloosa Rotary-Memorial Foundation: | 1.9 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 99.6%
| Tuscaloosa Rotary-Memorial Foundation: | 99.6% |
| Other organizations performing similar types of work: | 13.4% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $69,342 | $82,937 | $33,258 |
| Contributions, gifts, grants, and similar amounts received | $65,527 | $82,756 | $33,132 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3,815 | $181 | $126 |
| 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 | $0 |
| Total expenses | $96,008 | $96,099 | $17,657 |
| Total net assets | $225,797 | $212,635 | $228,237 |
| Excess/Deficit for the year | $-26,666 | $-13,162 | $15,601 |
| Net assets or fund balances at beginning of year | $252,463 | $225,797 | $212,636 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $212,635 | $228,237 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $225,797 | $224,635 | $234,737 |
| Total liabilities | $0 | $12,000 | $6,500 |
| Net assets or fund balances | $225,797 | $212,635 | $228,237 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $445,348 |
| Subtotal | $445,348 |
| Gifts, grants, contributions, and membership fees received | $437,747 |
| 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 | $7,601 |
| 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 | $445,348 |
| Public support | $445,348 |
| 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 |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||||
| 2000 | 2002 | 2003 | 2005 | 2006 | |
|---|---|---|---|---|---|
| Total revenue | $33,233 | $36,263 | $36,625 | $41,599 | $54,110 |
| Contributions, gifts, grants, and similar amounts received | $20,196 | $33,125 | $34,732 | $38,158 | $48,150 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 | $0 |
| Investment income | $13,037 | $3,138 | $1,893 | $3,441 | $5,055 |
| Gain or (loss) from sales of assets other than inventory | $0 | $0 | $0 | $0 | $0 |
| Gross amount from sales of assets other than inventory | $0 | $0 | $0 | $0 | $0 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 | $0 | $0 |
| Net income or (loss) from special events and activities | $0 | $0 | $0 | $0 | $0 |
| Gross revenue | $0 | $0 | $0 | $0 | $0 |
| Less: direct expenses other than fundraising expenses | $0 | $0 | $0 | $0 | $0 |
| Gross profit or (loss) from sales of inventory | $0 | $0 | $0 | $0 | $0 |
| Gross sales of inventory, less returns and allowances | $0 | $0 | $0 | $0 | $0 |
| Less: cost of goods sold | $0 | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 | $905 |
| Total expenses | $25,969 | $30,044 | $33,420 | $4,038 | $58,050 |
| Grants and similar amounts paid | $25,917 | $30,000 | $33,365 | $4,000 | $58,000 |
| Benefits paid to or for members | $0 | $0 | $0 | $0 | $0 |
| Salaries, other compensation, and employee benefits | $0 | $0 | $0 | $0 | $0 |
| Professional fees and other payments to independent contractors | $0 | $0 | $0 | $0 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 | $0 | $0 | $0 | $0 |
| Printing, publications, postage, and shipping | $52 | $44 | $55 | $38 | $50 |
| Other expenses | $0 | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $199,582 | $186,082 | $189,287 | $222,158 | $218,218 |
| Excess or (deficit) for the year | $7,264 | $6,219 | $3,205 | $37,561 | $-3,940 |
| Net assets or fund balances at beginning of year | $192,318 | $179,864 | $186,082 | $184,596 | $222,158 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 | $0 |
| Balance Sheets | |||||
| 2000 | 2002 | 2003 | 2005 | 2006 | |
|---|---|---|---|---|---|
| Total assets | $199,582 | $186,082 | $189,287 | $222,158 | $218,218 |
| Cash, savings, and investments | $199,582 | $186,082 | $189,287 | $222,158 | $218,218 |
| Land and buildings | $0 | $0 | $0 | $0 | $0 |
| Other assets | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $0 | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $199,582 | $186,080 | $189,287 | $222,158 | $218,218 |
| Other Information | |
| Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year? | No |
| Was there a liquidation, dissolution, termination, or substantial contraction during the year? | No |
| Direct and indirect political expenditures | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)? | |
| Amount of tax imposed on the organization during the year under: section 4911 | $0 |
| Amount of tax imposed on the organization during the year under: section 4912 | $0 |
| Amount of tax imposed on the organization during the year under: section 4955 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year? | No |
| Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 | $0 |
| Amount of tax above, reimbursed by the organization | $0 |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006) | ||
| Compensation | Contributions to employee benefit plans & deferred compensation | Expense account and other allowances |
|---|---|---|
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| Total number of other employees paid over $50,000 | 0 |
| Statements About Activities (for 2006) | |
| Expenses paid or incurred in connection with the lobbying activities | $0 |
| Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures? | No |
| Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services? | No |
| Did the organization maintain any donor advised funds? | No |
| Did the organization make any taxable distributions under section 4966? | No |
| Did the organization make a distribution to a donor, donor advisor, or related person? | No |
| The total number of donor advised funds owned at the end of the tax year | $0 |
| The aggregate value of assets held in all donor advised funds owned at the end of the tax year | $0 |
| The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts | $0 |
| The aggregate value of assets held in all funds or accounts included above at the end of the tax year | $0 |
| Reason for Non-Private Foundation Status | |
| The organization is not a private foundation because it is | Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees |
| Support Schedule | |||||
| 1999 | 2001 | 2002 | 2004 | 2005 | |
|---|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 | $41,599 |
| Gifts, grants, and contributions received | $0 | $0 | $0 | $0 | $38,158 |
| Membership fees received | $0 | $0 | $0 | $0 | $0 |
| Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose | $0 | $0 | $0 | $0 | $0 |
| Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975 | $0 | $0 | $0 | $0 | $3,441 |
| Net income from unrelated business activities not included above | $0 | $0 | $0 | $0 | $0 |
| Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf | $0 | $0 | $0 | $0 | $0 |
| The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge | $0 | $0 | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 | $0 | $0 |
| Lobbying Expenditures by Electing Public Charities (for 2006) | |
| Total exempt purpose expenditures | $0 |
| Total lobbying expenditures | $0 |
| Total lobbying expenditures to influence public opinion (grassroots lobbying) | $0 |
| Total lobbying expenditures to influence a legislative body (direct lobbying) | $0 |
| Other exempt purpose expenditures | $0 |
| Lobbying nontaxable amount | $0 |
| Grassroots nontaxable amount | $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 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Fraternal Order Of Police, 1 Birmingham Lodge | 2988 Winewood Rd, Birmingham, AL 35215-4198 | AL | 1952-10 | $237,255 |
| 2 | Rotary International, Fairhope | PO BOX 741, Fairhope, AL 36533-0741 | AL | 1966-09 | $124,136 |
| 3 | International Association Of Lions Clubs, 65772 31 G District | 6704 Perkins Dr, Raleigh, NC 27612-6914 | NC | 1940-12 | $57,802 |
| 4 | Bnai Brith International, 0938 Walker County Lodge | 1200 Orchard Cir, Jasper, AL 35501-4049 | AL | 1997-01 | $57,673 |
| 5 | Saugus Rotary Club | PO BOX 1169, Saugus, MA 01906 | MA | 1952-12 | $51,727 |
| 6 | Rotary International, Hampton Rotary Club | PO BOX 361, Hampton, SC 29924-0361 | SC | 1966-09 | $40,177 |
| 7 | Tuscaloosa Rotary-Memorial Foundation | PO BOX 20647, Tuscaloosa, AL 35402-0647 | AL | 1972-05 | $33,258 |
| 8 | Rotary International, Rotary Club Of Amarillo East | P O Box 735, Amarillo, TX 79105 | TX | 1958-05 | $30,729 |
| 9 | International Association Of Lions Clubs, Pinetop Lions Club | Po Box 356, Pinetop, AZ 85935 | AZ | 1940-12 | $26,234 |
| 10 | Pilot Club International, Sunflower Pilot Club (Chapter) | 5404 Turkey Foot Lane, Manhattan, KS 66503 | KS | 1944-05 | $20,564 |
| 11 | Civitan International, Tuscumbia Civitan Club | P O Box 4, Tuscumbia, AL 35674 | AL | 2006-01 | $19,286 |
| 12 | Support To Eliminate Poverty Inc, Step | 200 Dent St, Rocky Mount, VA 24151-1285 | VA | 1966-09 | $4,698,587 |
| 13 | Rooftop Of Virginia Cap | PO BOX 853, Galax, VA 24333-0853 | VA | 1962-04 | $3,761,879 |
| 14 | Rotary Club Of Tucson Foundation | 3900 E. Timrod Street, Suite 4, Tucson, AZ 85711 | AZ | 1975-11 | $1,200,884 |
| 15 | Top Of Iowa Welcome Center | PO BOX 75, Northwood, IA 50459-0075 | IA | 1993-11 | $469,106 |
| 16 | Rotary Club Of Fresno Foundation | 2307 N Fine Ave, Fresno, CA 93727-1516 | CA | 1987-05 | $372,952 |
| 17 | Rotary Club Of Denver Southeast Foundation | PO BOX 4484, Parker, CO 80134-1452 | CO | 1995-03 | $265,881 |
| 18 | Rotary Club Of Kapaa Foundation | Po Box1374, Kapaa, HI 96746 | HI | 1994-09 | $249,218 |
| 19 | The San Francisco Urban Service Project | 1406 Valencia St, San Francisco, CA 94110-3717 | CA | 1992-07 | $213,500 |
| 20 | Rotary Club Of Toms River Charitable Foundation Inc | R L Pastine 802 Main Street, Toms River, NJ 08753 | NJ | 1991-11 | $150,284 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 274 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Tuscaloosa Rotary-Memorial Foundation »
Non-representatives - add comments about Tuscaloosa Rotary-Memorial Foundation»