Borrego Springs Rotary Foundation in Borrego Spgs, California (CA)
Table of contents:
| Borrego Springs Rotary Foundation | |
| Employer Identification Number (EIN) | 593791770 |
| Name of Organization | Borrego Springs Rotary Foundation |
| Address | PO BOX 1593, Borrego Spgs, CA 92004-1593 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2005 |
| 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 (all other) or 990EZ return |
| Asset Amount | $111,838 |
| Amount of Income | $86,557 |
| Form 990 Revenue Amount | $86,557 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $86,557 (it was $131,965 in 2013)
| This organization: | $86,557 |
| Other organizations performing similar types of work: | $72,190 |
Assets in 2014: $111,838 (it was $123,186 in 2013)
| This organization: | $111,838 |
| Other organizations performing similar types of work: | $42,723 |
Expenses in 2013: $117,110
| Borrego Springs Rotary Foundation: | $117,110 |
| Other organizations performing similar types of work: | $42,209 |
Income to expenses ratio in 2013: 0.7
| This organization: | 0.7 |
| Other organizations performing similar types of work: | 0.4 |
Grants share in income in 2013: 78.3%
| Borrego Springs Rotary Foundation: | 78.3% |
| Other organizations performing similar types of work: | 4.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $135,381 | $50,593 | $131,965 |
| Contributions, gifts, grants, and similar amounts received | $134,542 | $49,743 | $103,380 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $839 | $850 | $215 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $28,370 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $0 | $28,370 |
| Less: direct expenses 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 | $53,272 | $44,238 | $117,110 |
| Total net assets | $101,976 | $108,331 | $123,186 |
| Excess/Deficit for the year | $82,109 | $6,355 | $14,855 |
| Net assets or fund balances at beginning of year | $19,867 | $101,976 | $108,331 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $108,331 | $123,186 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $101,976 | $108,331 | $123,186 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $101,976 | $108,331 | $123,186 |
| 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 | $372,313 |
| Subtotal | $372,313 |
| Gifts, grants, contributions, and membership fees received | $372,313 |
| 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 | $373,378 |
| Public support | $372,313 |
| Subtotal | $1,065 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,065 |
| 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 | Rotary International, South Hill Rotary Club | PO BOX 922, South Hill, VA 23970-0922 | VA | 2008-06 | $70,044 |
| 2 | Edward F@limato Foundation, Richard Konigsberg Ttee | 400 N Mansfield Ave, Los Angeles, CA 90036-2622 | CA | 2012-06 | $5,400,252 |
| 3 | Artists For Peace And Justice | 206 S Brand Blvd, S Brand Blvd, CA 91204-1310 | CA | 2010-03 | $5,062,618 |
| 4 | University Of Guadalajara Foundation In The United States Of | 201 S Figueroa St Ste 240, Los Angeles, CA 90012-2543 | CA | 2009-11 | $2,891,495 |
| 5 | San Francisco Hope Foundation | 1501 Mariposa St Ste 328, San Francisco, CA 94107-2367 | CA | 2013-09 | $2,605,917 |
| 6 | Kern Real Estate Foundation | 3300 Truxtun Ave Ste 220, Bakersfield, CA 93301-3145 | CA | 2013-07 | $2,064,701 |
| 7 | Charities Under 1 Percent Overhead | 1100 Larkspur Landing Circle, Larkspur, CA 94939-1827 | CA | 2010-09 | $1,981,429 |
| 8 | Chive Charities | 701 Ocean Front Walk Unit 3, Venice, CA 90291-2206 | CA | 2014-02 | $1,478,031 |
| 9 | Charities Under 5 Percent Overhead | 1100 Larkspur Landing Circle, Larkspur, CA 94939-1827 | CA | 2010-09 | $939,932 |
| 10 | Infinite Hero Foundation | 22365 El Toro Road 275, Lake Forest, CA 92630-5053 | CA | 2012-01 | $661,975 |
| 11 | Swinerton Foundation | 260 Townsend St 5th Flr, San Francisco, CA 94107-1719 | CA | 2003-03 | $634,515 |
| 12 | Serotonin Surge Charities | 824 Falcon Ave, Davis, CA 95616-0162 | CA | 1999-07 | $549,952 |
| 13 | Clara Lionel Foundation | 155 N Lake Ave Ste 812, Pasadena, CA 91101-1849 | CA | 2014-12 | $527,090 |
| 14 | Sheckler Foundation | 1011 Calle Amanecer, San Clemente, CA 92673-6260 | CA | 2008-06 | $434,036 |
| 15 | Taylor Foundation | 1825 Bell St Ste 100, Sacramento, CA 95825-1020 | CA | 2014-08 | $400,000 |
| 16 | The Stephan And Barbara Spiva Foundation | 535 N Cedros Ave, Solana Beach, CA 92075-4205 | CA | 2003-11 | $389,188 |
| 17 | Greens And Streams Inc | 2175 N Linden Ave, Rialto, CA 92377-4401 | CA | 2011-07 | $343,486 |
| 18 | Jonathan Club Charitable Fund | 545 S Figueroa St, Los Angeles, CA 90071 | CA | 2003-12 | $328,606 |
| 19 | D12 Foundation | 10960 Wilshire Blvd 5th Floor, Los Angeles, CA 90024 | CA | 2011-05 | $320,965 |
| 20 | 502 Fair Share | 695 Town Center Drive Suite 1200, Costa Mesa, CA 92626 | CA | 1991-03 | $312,850 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,544 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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