Irving J Symons Foundation For Tuolumne County in Sonora, California (CA)

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Irving J Symons Foundation For Tuolumne County
Employer Identification Number (EIN)912140485
Name of OrganizationIrving J Symons Foundation For Tuolumne County
In Care of NameLaw Offices Of Gary Dambacher
Address644 S Washington St, Sonora, CA 95370-5155
SubsectionCharitable Organization
Ruling Date10/2002
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$37,917,901
Amount of Income$3,659,715
Form 990 Revenue Amount$392,127
National Taxonomy of Exempt Entities (NTEE)Youth Development: Single Organization Support


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Amount of income in 2013: $3,659,715
This organization: 

 $3,659,715
Other organizations performing similar types of work: 

 $120,037

Assets in 2013: $37,917,901
This organization: 

 $37,917,901
Other organizations performing similar types of work: 

 $164,812

Expenses in 2012: $808,145
This organization: 

 $808,145
Other organizations performing similar types of work: 

 $53,380

Income to expenses ratio in 2012: 4.5
Irving J Symons Foundation For Tuolumne County: 

 4.5
Other organizations performing similar types of work: 

 1.8

Expenses allocated to program services in 2007: 61.8%
Irving J Symons Foundation For Tuolumne County: 

 61.8%
Other organizations performing similar types of work: 

 68.8%

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 123.9%

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$666,072
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$187,929
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$445,136
Gross rents (Real / Personal)$810,596 / $0
Less: rental expenses (Real / Personal)$365,460 / $0
Rental income or (loss) (Real / Personal)$445,136 / $0
Net gain from sales of assets other than inventory$32,962
Gross amount from sales of assets other than inventory (Securities / Other)$3,851,777 / $7,387
Less: cost or other basis and sales expenses (Securities / Other)$3,826,202 / $0
Gain or (loss) (Securities / Other)$25,575 / $7,387
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$45
Statement of Functional Expenses (for 2012)
Total functional expenses$808,145
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$808,145
Balance Sheet (for 2012)
Total assets$36,266,202
Total liabilities$210,554
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$210,554
Total net assets or fund balances$36,055,648
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200520062007
Total revenue$399,979$1,069,516$1,513,485
Contributions, gifts, grants, and similar amounts received$0$173,652$72,780
Contributions to donor advised funds$0$0
Direct public support$0$173,652$72,780
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$11,049$176,700$173,859
Dividends and interest from securities$79,710$108,416$188,556
Net rental income or (loss)$0$352,403$436,716
Gross rents$0$575,731$717,609
Less: rental expenses$0$223,328$280,893
Other investment income$342,719$0$0
Gain or (loss) from sales of assets other than inventory$-33,499$254,583$628,447
Gross amount from sales of assets other than inventory$9,052,564$4,653,109$8,751,482
Less: cost or other basis and sales expenses$9,086,063$4,398,526$8,123,035
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$0$3,762$13,127
Total expenses$314,665$564,340$564,849
Program services$274,421$405,414$348,915
Management and general$40,244$158,926$215,934
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$38,473,537$40,640,142$41,045,047
Excess or (deficit) for the year$85,314$505,176$948,636
Net assets or fund balances at beginning of year$38,388,223$38,473,537$40,640,142
Other changes in net assets or fund balances$0$1,661,429$-543,731
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$564,849$348,915$215,934$0
Grants paid from donor advised funds$0
Other grants and allocations$348,915
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$41,800$0$41,800$0
Legal fees$46,710$0$46,710$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$8,775$0$8,775$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$309$0$309$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$118,340$0$118,340$0
Balance Sheets
200520062007
Total assets$38,503,689$40,954,330$41,515,087
Cash - non-interest-bearing$0$442,089$1,362,493
Savings and temporary cash investments$832,776$371,683$0
Accounts receivable less allowance for doubtful accounts$0$0$0
Pledges receivable less allowance for doubtful accounts$30,200,000$22,700,000$22,500,000
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$362,674$362,674
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$9,504$10,226
Investments - publicly-traded securities$8,251,582$7,814,105
Investments - other securities$7,067,988$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$835,472$830,757
Investments - other$362,674$0$664,273
Land, buildings, and equipment less accumulated depreciation$0$7,886,360$7,734,073
Other assets, including program-related investments$40,251$94,966$236,486
Total liabilities$30,152$314,188$470,040
Accounts payable and accrued expenses$30,152$36,437$81,639
Grants payable$0$265,000$263,459
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$0$117,467
Other liabilities$0$12,751$7,475
Total liabilities and net assets/fund balances$38,503,689$40,954,330$41,515,087
Total net assets or fund balances$38,473,537$40,640,142$41,045,047
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200520062007
Total revenue$399,979$1,069,516$1,513,485
Total revenue, gains, and other support per audited financial statements$399,979$2,778,064$969,754
Other expenses$0$1,708,548$-543,731
Net unrealized gains on investments$0$567,437$-417,051
Donated services and use of facilities$0$47,119$28,039
Recoveries of prior year grants$0$0$0
Other$0$1,093,992$-154,719
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200520062007
Total expenses$314,665$564,340$564,849
Total expenses and losses per audited financial statements$314,665$611,459$564,849
Other revenue$0$47,119$0
Donated services and use of facilities$0$47,119$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings12
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
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?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
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)?Yes
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
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$13,011$436,716$990,978
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$173,859
Dividends and interest from securities000000$000$0$188,556
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$436,716$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$628,447
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueOther financial vehicles$13,01100$0$116
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
651264848100%$567,645$7,085,165
651264851100%$202,564$3,141,528
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense 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 $50,0000
Statements About Activities (for 2007)
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 isCommunity Trust
Support Schedule
200420052006
Total$30,890$399,979$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$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
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$30,890$90,759$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$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
Other income$0$309,220$0
Lobbying Expenditures by Electing Public Charities (for 2007)
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
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Number of organizations performing similar types of work
Alaska1
Arizona1
California10
Connecticut3
Florida4
Georgia1
Hawaii1
Iowa2
Illinois1
Indiana1
Kansas1
Kentucky1
Maryland2
Michigan1
Minnesota1
Missouri1
North Carolina1
Nebraska1
New Jersey1
New Mexico1
Ohio1
Oregon2
Pennsylvania1
Texas9
Vermont1
Washington2
Wisconsin2
West Virginia2
Wyoming1
Total57

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