Memorial West Alumni And Friends Foundation Inc in Signal Hill, California (CA)

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Memorial West Alumni And Friends Foundation Inc
Employer Identification Number (EIN)953035532
Name of OrganizationMemorial West Alumni And Friends Foundation Inc
Address835 E 33rd St, Signal Hill, CA 90755-5111
ActivitiesDiscussion groups, forums, panels lectures, etc., Rehabilitating alcoholics, drug abusers, compulsive gamblers, etc.
SubsectionCharitable Organization
Ruling Date07/1977
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 Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$49,508
Amount of Income$60,033
Form 990 Revenue Amount$45,630


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$85,381
Contributions, gifts, grants, and similar amounts received$65,531
Program service revenue including government fees and contracts$0
Membership dues and assessments$6,588
Investment income$127
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$13,135
Gross sales of inventory, less returns and allowances$35,892
Less: cost of goods sold$22,757
Other revenue$0
Total expenses$87,695
Total net assets$46,252
Deficit for the year$-2,314
Net assets or fund balances at beginning of year$47,689
Other changes in net assets or fund balances$877
Balance Sheets (for 2012)
Total assets$56,699
Total liabilities$10,447
Net assets or fund balances$46,252
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
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