Folsom Cordova Education Foundation in Folsom, California (CA)

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Folsom Cordova Education Foundation
Employer Identification Number (EIN)270909900
Name of OrganizationFolsom Cordova Education Foundation
In Care of NameJEFFERY R GALINOVSKY
AddressPO BOX 912, Folsom, CA 95763
SubsectionCharitable Organization
Ruling Date06/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2010
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$108,461
Amount of Income$97,785
Form 990 Revenue Amount$97,785
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution


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Amount of income in 2010: $97,785 (it was $97,785 in 2014)
This organization: 

 $97,785
Other organizations performing similar types of work: 

 $185,869

Assets in 2010: $108,461 (it was $108,461 in 2014)
Folsom Cordova Education Foundation: 

 $108,461
Other organizations performing similar types of work: 

 $234,617

Expenses in 2014: $44,134
This organization: 

 $44,134
Other organizations performing similar types of work: 

 $119,156

Income to expenses ratio in 2014: 2.2
This organization: 

 2.2
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2014: 100.0%
Folsom Cordova Education Foundation: 

 100.0%
Other organizations performing similar types of work: 

 61.5%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$51,677$55,132$97,785
Contributions, gifts, grants, and similar amounts received$51,677$55,132$97,755
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
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$30
Total expenses$54,485$32,620$44,134
Total net assets$32,298$54,810$108,461
Excess/Deficit for the year$-2,808$22,512$53,651
Net assets or fund balances at beginning of year$35,106$32,298$54,810
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$54,810$108,461
Balance Sheets
201220132014
Total assets$32,298$54,810$108,461
Total liabilities$0$0$0
Net assets or fund balances$32,298$54,810$108,461
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$245,097
Subtotal Support$245,097
Gifts, grants, contributions, and membership fees received$245,097
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$245,097
Public Support$245,097
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1University Of Alabama Donor Advised FundBox 870136, Tuscaloosa, AL 35487-0001AL2001-03$743,150
2Prince Hall Foundation Inc454 W 155th St, New York, NY 10032-6303NY2003-09$185,869
3Tech Collective-Workforce Development Fund Inc3 Davol Sq Ste A330, Providence, RI 02903-4762RI2002-12$808,038
4Azerbaijan Diplomatic Academyfoundation1627 21st St Nw, Washington, DC 20009-1016DC2007-11$776,337
5The Ralph And Lucille Schey Foundation1139 W Hill Dr, Gates Mills, OH 44040-9667OH1987-06$509,402
6Folsom Cordova Education FoundationPO BOX 912, Folsom, CA 95763CA2010-06$97,785
7Oswego Foundation For Educational ExcellencePO BOX 111, Oswego, IL 60543-0111IL1996-04$33,418
8Richard R Rampino & Edward F Couto Charity Fund Inc615 Jefferson Blvd, Warwick, RI 02886-1357RI1999-11$26,415
9Hauppauge Educational Foundation495 Hoffman Lane, Hauppauge, NY 11788-3102NY1999-02$20,387
10Tradart FoundationPo Box 517, Santa Barbara, CA 93102CA2002-03$9,725
11American Friends Yeshiva L Tzeirim Ner Israel D Chassidei GoorPo Box 2505, New York, NY 10185NY2002-06$0
12Celebrate Educational Educationl Foundation Inc122 West Cameron Street, Culpeper, VA 22701VA2011-01$0
13Cosby High School Choral BoostersPo Box 2126, Midlothian, VA 23112VA2011-06$0
14Ksls Foundation IncPo Box 757, Andover, KS 67002KS2009-03$0
15Palm Beach County Entertaiment Council Inc1001 N Us Hwy One Ste 600, Jupiter, FL 33477-4479FL2002-04$0
16Panhandle Educational FoundationP O Box 108, Raymond, IL 62560IL2000-03$0
17Scholarships For Technical And Recognized TrainingPO BOX 1634, Janesville, WI 53547-1634WI2009-01$0
18Sv Pathway Boosters, Natomas Pacific Pathways Prep Boosters3700 Del Paso Road, Sacramento, CA 95834CA2006-08$0
19Western Center For Technical Studies Education Foundation77 Gratersford Rd, Limerick, PA 19468-1730PA2009-03$0
Number of organizations performing similar types of work
Alabama1
California3
District of Columbia1
Florida1
Illinois2
Kansas1
New York3
Ohio1
Pennsylvania1
Rhode Island2
Virginia2
Wisconsin1
Total19

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