Furuya Foundation in Los Angeles, California (CA)
Furuya Foundation |
Employer Identification Number (EIN) | 200026129 |
Name of Organization | Furuya Foundation |
In Care of Name | DAVID ITO |
Address | 1211 N Main Street, Los Angeles, CA 90012 |
Subsection | Educational Organization, Charitable Organization |
Ruling Date | 04/2009 |
Deductibility | Contributions are deductible |
Foundation | School |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 2009 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $157,626 |
Amount of Income | $110,057 |
Form 990 Revenue Amount | $91,243 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Sports Training Facilities, Agencies |
Amount of income in 2009: $110,057 (it was $97,397 in 2012)
This organization: | $110,057 |
Other organizations performing similar types of work: | $110,057 |
Assets in 2009: $157,626 (it was $180,037 in 2012)
This organization: | $157,626 |
Other organizations performing similar types of work: | $157,626 |
Expenses in 2012: $86,103
This organization: | $86,103 |
Other organizations performing similar types of work: | $86,103 |
Income to expenses ratio in 2012: 1.3
Furuya Foundation: | 1.3 |
Other organizations performing similar types of work: | 3.2 |
Grants share in income in 2012: 13.6%
This organization: | 13.6% |
Other organizations performing similar types of work: | 13.6% |
Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) |
Total revenue | $73,501 |
Contributions, gifts, grants, and similar amounts received | $10,000 |
Program service revenue including government fees and contracts | $63,501 |
Membership dues and assessments | $0 |
Investment income | $0 |
Gain from sale of assets other than inventory | $0 |
Gross amount from sale of assets other than inventory | $23,896 |
Less: cost or other basis and sales expenses | $23,896 |
Net income from gaming and fundraising events | $0 |
Gross profit from sales of inventory | $0 |
Other revenue | $0 |
Total expenses | $86,103 |
Total net assets | $89,440 |
Deficit for the year | $-12,602 |
Net assets or fund balances at beginning of year | $102,042 |
Other changes in net assets or fund balances | $0 |
Balance Sheets (for 2012) |
Total assets | $180,037 |
Total liabilities | $90,597 |
Net assets or fund balances | $89,440 |
Reason for Public Charity Status (for 2012) |
The organization is not a private foundation because it is: | A school described in section 170(b)(1)(A)(ii) |
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Organizations performing similar types of work |
Id | Name | Address | State | Established | Total Income |
1 | Furuya Foundation | 1211 N Main Street, Los Angeles, CA 90012 | CA | 2009-04 | $110,057 |
2 | Lagrange Blue Sox Inc | 105 Victoria Dr, Lagrange, GA 30240-6337 | GA | 1999-05 | $93,396 |
3 | The Dan Jansen Foundation Inc | 7475 Wisconsin Ave Suite 600, Bethesda, MD 20814 | MD | 1995-08 | $0 |
Number of organizations performing similar types of work |
| |
Total | 3 |
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