Parsons Tournament For Life Corp in Pasadena, California (CA)
Table of contents:
| Parsons Tournament For Life Corp | |
| Employer Identification Number (EIN) | 204791753 |
| Name of Organization | Parsons Tournament For Life Corp |
| In Care of Name | George L Ball |
| Address | 100 W Walnut St, Pasadena, CA 91124-0002 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $1,402 |
| Amount of Income | $177,428 |
| Form 990 Revenue Amount | $177,428 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2013: $177,428 (it was $178,440 in 2012)
| Parsons Tournament For Life Corp: | $177,428 |
| Other organizations performing similar types of work: | $83,735 |
Assets in 2013: $1,402 (it was $2,601 in 2012)
| This organization: | $1,402 |
| Other organizations performing similar types of work: | $75,221 |
Expenses in 2013: $178,627
| This organization: | $178,627 |
| Other organizations performing similar types of work: | $52,005 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2013: 97.8%
| This organization: | 97.8% |
| Other organizations performing similar types of work: | 78.3% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $154,278 | $178,440 | $177,428 |
| Contributions, gifts, grants, and similar amounts received | $151,898 | $175,927 | $173,513 |
| 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 | $2,380 | $2,513 | $3,915 |
| Gross income from gaming | $2,380 | $2,513 | $3,915 |
| Gross income from fundraising events | $0 | $0 | $0 |
| 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 | $159,904 | $177,036 | $178,627 |
| Total net assets | $1,197 | $2,601 | $1,402 |
| Excess/Deficit for the year | $-5,626 | $1,404 | $-1,199 |
| Net assets or fund balances at beginning of year | $6,823 | $1,197 | $2,601 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $2,601 | $1,402 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $1,197 | $2,601 | $1,402 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $1,197 | $2,601 | $1,402 |
| 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 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) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $112,000 |
| Write your review! |
|
|
| Recently Added Reviews |
Dr Jaime G Corvalan Foundation in Pasadena, CA
 |
|
H Leslie Hoffman And Elaine S Hoffman Foundation in Pasadena, CA
|
|
David Tomberlin Ministries in Pasadena, CA
|
|
Guardian Ministries in Pasadena, CA
|
Student Philanthropists Advancing Real Change, Sparc Corps in Pasadena, CA
 |
|
National Homes For Heroes Spirit Horse Ii in Pasadena, CA
|
| Teamsters Miscellaneous Security Fund in Pasadena, CA |
|
Ackright Premier Sports Inc in San Dimas, CA
|
|
Trust Funds Inc in San Francisco, CA
|
| Foothill High School Super Boosters Club in Santa Ana, CA |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Stowers Resource Management Inc | 1000 E 50th St, Kansas City, MO 64110-2262 | MO | 2006-12 | $247,010,637 |
| 2 | Easter Seals Foundation | 233 S Wacker Dr Ste 2400, Chicago, IL 60606 | IL | 2007-11 | $4,582,426 |
| 3 | Swmf Properties Inc | 3963 Maple Ave Ste 100, Dallas, TX 75219-3210 | TX | 2001-01 | $3,812,694 |
| 4 | The Association Of The Jewish Blind Of Chicago, Kagan Home For The Blind | 5527 N Maplewood, Chicago, IL 60625-6881 | IL | 1945-10 | $1,773,768 |
| 5 | Womens Dermatologic Society Foundation | 700 North Fairfax Street, Alexandria, VA 22314-2040 | VA | 2004-09 | $1,702,959 |
| 6 | The Bell Center For Early Intervention Programs | 1700 29th Ct S, Birmingham, AL 35209-2502 | AL | 2000-04 | $1,537,184 |
| 7 | Mid Coast Medical Clinic | 305 Sandy Corner Rd, El Campo, TX 77437-9535 | TX | 2008-07 | $1,490,867 |
| 8 | Northwest Center Foundation | 7272 W Marginal Way S, Seattle, WA 98108-4140 | WA | 2012-08 | $879,680 |
| 9 | Runnemede Industries Inc, Belinda Moore | 1940 Olney Ave, Cherry Hill, NJ 08003-2016 | NJ | 2006-06 | $629,569 |
| 10 | A Brighter Path Foundation | 7730 N Point Blvd, Winston Salem, NC 27106-3310 | NC | 2008-12 | $467,832 |
| 11 | Drive Against Diabetes, Dad | 7017 Meadowlark Ct, N Tonawanda, NY 14120-1377 | NY | 2014-09 | $178,240 |
| 12 | Parsons Tournament For Life Corp | 100 W Walnut St, Pasadena, CA 91124-0002 | CA | 2007-06 | $177,428 |
| 13 | Fcms Foundation Inc | 445 Grant Ave 2nd Fl, San Francisco, CA 94108-3208 | CA | 2003-04 | $165,892 |
| 14 | Sherie Hildreth Ovarian Cancer Foundation | PO BOX 327, Gladstone, OR 97027-0327 | OR | 2006-07 | $130,412 |
| 15 | Valley Village Foundation | 20830 Sherman Way, Winnetka, CA 91306-2707 | CA | 2002-03 | $96,766 |
| 16 | The Berkeley Need Charitable Trust | 1442a Walnut St, Berkeley, CA 94709-1405 | CA | 2006-03 | $500 |
| 17 | Metropolitan Equestrian Preservation Society Inc | 5458 Fernhoff, Oakland, CA 94619 | CA | 1993-06 | $1 |
| 18 | Asha Nidhi Treasure Of Hope Heart Surgery For The Children Of India | 365 Hawthorne Ave Ste 201, Oakland, CA 94609-3114 | CA | 1999-11 | $0 |
| 19 | Little Edwins Triumph | 5776-D Lindero Canyon Rd 204, Westlake Village, CA 91362 | CA | 2010-12 | $0 |
| 20 | Reach Program | 4000 Middlefield Rd Bldg P, Palo Alto, CA 94303-4760 | CA | 2014-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 152 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Parsons Tournament For Life Corp »
Non-representatives - add comments about Parsons Tournament For Life Corp»