Foundation For Young Arkansas Leadership Inc in Little Rock, Arkansas (AR)

Organization representatives - add corrected or new information about Foundation For Young Arkansas Leadership Inc »

Non-representatives - add comments about Foundation For Young Arkansas Leadership Inc»

Foundation For Young Arkansas Leadership Inc
Employer Identification Number (EIN)455221855
Name of OrganizationFoundation For Young Arkansas Leadership Inc
In Care of NameBryan Jeffrey
Address11300 Cantrell Road Suite 301, Little Rock, AR 72212
SubsectionCharitable Organization, Educational Organization
Ruling Date05/2014
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$7,302
Amount of Income$15,000
Form 990 Revenue Amount$15,000
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development (Not Elsewhere Classified)


Non-representatives - add comments:


CAPTCHA

Your IP address 18.119.119.191 will be logged.

Financial snapshot ($)

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$15,000$0$0
Contributions, gifts, grants, etc., received$15,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$12,748$0$0$12,748
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$12,748$0$12,748
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$2,252
Net investment income$0
Adjusted net income$0
Balance Sheets
2013
Book ValueFair Market Value
Total assets$7,302$7,302
Cash - non-interest-bearing$7,302
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other assets$0
Total liabilities$1
Mortgages and other notes payable$0
Other liabilities$0
Total liabilities and net assets/fund balances$7,302
Capital Gains and Losses for Tax on Investment Income
2013
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income
2013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$0
Amount to be credited to next year's estimated tax$0
Statements Regarding Activities
2013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Has the foundation engaged in any activities that have not previously been reported to the IRS?No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?No
Has the foundation filed a tax return on Form 990-T for this year?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?Yes
Did any persons become substantial contributors during the tax year?No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041No
Statements Regarding Activities for Which Form 4720 May Be Required
2013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
Minimum Investment Return
2013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$4,309
Net value of noncharitable-use assets$4,244
Minimum investment return$212
Distributable Amount
2013
Distributable amount$0
Undistributed Income
2013
Distributable amount for this year$0
Undistributed income for this year. This amount must be distributed in the next year$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$1$0$0$0$1
Qualifying distributions made directly for active conduct of exempt activities$12,748$4,950$0$0$17,698
Value of all assets$7,302$5,050$0$0$12,352
Value of assets qualifying under section 4942(j)(3)(B)(i)$7,302$5,050$0$0$12,352
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Foundation For Young Arkansas Leadership Inc to others? (optional)
  
Add photo of Foundation For Young Arkansas Leadership Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Storks Nest Charity Fund in Little Rock, AR
*****
Arkansas Regional Organ Recovery Agency Inc in Little Rock, AR
*
Gain Inc in Little Rock, AR
Arkansas Community Organizations in Little Rock, AR
****•
Fbi National Citizens Academy Alumni Association Inc Little Rock in Little Rock, AR
**
Bibles For Belize in Vilonia, AR
Lost Cherokee Nation Tribal Association Inc in Dover, AR
Divine Destiny Ministries in Fort Smith, AR
*****
Gods Feeding Hands in Mena, AR
Beckham Ridge Ministries in Mountain View, AR
*****
Other organizations in Arkansas
IdNameAddressStateEstablishedTotal Income
1Rick C & Belinda G Foundation75 N East Ave Ste 500, Fayetteville, AR 72701-6038AR2014-07$1,250,521
2Sacred Heart Catholic School Endowment Fund106 N Saint Joseph St, Morrilton, AR 72110-2916AR2014-04$104,662
3Sallis Ranch Large Animal Rescue Inc181 Burgess Ln, Greenbrier, AR 72058-9642AR2011-09$5,999
4Southwest Arkansas Crisis & Resource Center116 South 4th Street, De Queen, AR 71832AR2014-07$57,439
5Taylor Mckeen Shelton Foundation5204 Village Pkwy Ste 11 Pmb 113, Rogers, AR 72758-8146AR2013-11$42,305
6Theword Inc527 Evergreen St, Greenwood, AR 72936-3945AR2013-02$2,822
7Tyler Bittle And Debbi Depriest Memorial Scholarship Fund, Cathy Seidenstricker Et Al Ttee458 Stillwell School Rd, Stuttgart, AR 72160-6473AR2014-07$10,782
8Vilonia Disaster Recovery AlliancePo Box 628, Vilonia, AR 72173AR2012-10$183,855
9White County Physician Group2900 Hawkins Dr, Searcy, AR 72143-4802AR2014-03$16,385,153
10Carolyn Norris MinistriesPO BOX 819, Benton, AR 72018-0819AR1978-03$6,391
11Foundation For Young Arkansas Leadership Inc11300 Cantrell Road Suite 301, Little Rock, AR 72212AR2014-05$15,000
12National Guard Association Of Arkansas Endowment IncPo Box 663, North Little Rock, AR 72115AR2014-01$1,147,524
13Recycled Rovers Rescue Inc, Animal Care And Adoption Service2665 E Ferguson Ave, Fayetteville, AR 72703AR2014-02$24,687
14Rescue Road1303 Cherry Brook Dr, Little Rock, AR 72211-4179AR2013-10$106,017
15West Memphis Police Benefit Fund, James Matthew Presley Jr Mbr626 E Broadway St, West Memphis, AR 72301-3211AR2009-07$8,214
16Clarkridge Comm Vol Fire DeptPo Box 284, Clarkridge, AR 72623AR2014-08$89,549
17Ouachita County Historial Society Chidester House926 W Washington St, Camden, AR 71701AR2014-03$93,637
18Washington Elementary School Parent-Teacher Organization Inc425 N Highland Ave, Fayetteville, AR 72701AR2014-07$53,253
19Cooterneck Volunteer Fire Department IncPo Box 1013, Fordyce, AR 71742AR2014-03$26,903
20Goates Cemetery, Goates Cemetery Association Inc849 Pine Hill Road, Dover, AR 72837AR2014-07$1,315

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Foundation For Young Arkansas Leadership Inc and has no official or unofficial affiliation with Foundation For Young Arkansas Leadership Inc