The Literacy Project Foundation in Corona Del Mar, California (CA)
Table of contents:
The Literacy Project Foundation | |
Employer Identification Number (EIN) | 330395322 |
Name of Organization | The Literacy Project Foundation |
In Care of Name | STEPHEN TUCKER |
Address | 3334 E Pch Ste 177, Corona Del Mar, CA 92625 |
Activities | Community service organization |
Subsection | Charitable Organization |
Ruling Date | 03/1990 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 2007 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $254,843 |
Amount of Income | $368,607 |
Form 990 Revenue Amount | $308,636 |
National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community Service Clubs |
Non-representatives - add comments:
Amount of income in 2007: $368,607 (it was $308,636 in 2012)
This organization: | $368,607 |
Other organizations performing similar types of work: | $113,829 |
Assets in 2007: $254,843 (it was $254,843 in 2012)
The Literacy Project Foundation: | $254,843 |
Other organizations performing similar types of work: | $160,801 |
Expenses in 2012: $288,755
This organization: | $288,755 |
Other organizations performing similar types of work: | $81,633 |
Income to expenses ratio in 2012: 1.3
This organization: | 1.3 |
Other organizations performing similar types of work: | 1.4 |
Number of employees in 2012: 3
The Literacy Project Foundation: | 3 |
Other organizations performing similar types of work: | 1 |
Grants share in income in 2012: 119.4%
This organization: | 119.4% |
Other organizations performing similar types of work: | 10.7% |
Functional expenses for 2012
Support schedule
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 | $308,636 |
Contributions, Gifts, Grants and Other Similar Amounts | $368,607 |
Program Service Revenue | $0 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $0 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $0 |
Net loss from fundraising events | $-59,971 |
Gross income from fundraising events | $0 |
Less: direct expenses | $59,971 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $0 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $288,755 |
Compensation of current officers, directors, trustees, and key employees | $75,000 |
Other salaries and wages | $23,079 |
Payroll taxes | $8,205 |
Professional fundraising services | $0 |
Other | $182,471 |
Balance Sheet (for 2012) | |
Total assets | $254,843 |
Total liabilities | $3,147 |
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 | $3,147 |
Total net assets or fund balances | $251,696 |
Retained earnings, endowment, accumulated income, or other funds | $251,696 |
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 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
2008 - 2012 Total | |
---|---|
Total support | $918,250 |
Gifts, grants, contributions, and membership fees received | $862,478 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
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 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Other | $55,772 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Samoan Community Development Center Incorporated | 2055 Sunnydale Ave 100, San Francisco, CA 94134-2611 | CA | 1992-08 | $1,714,445 |
2 | San Diego Lions Welfare Foundation | 310 Market St, San Diego, CA 92101-6944 | CA | 1993-11 | $1,268,157 |
3 | San Mateo Rotary Foundation | PO BOX 95, San Mateo, CA 94401-0095 | CA | 1971-04 | $1,015,922 |
4 | Rotary Club Of Menlo Park Foundation | PO BOX 876, Menlo Park, CA 94026-0876 | CA | 1981-09 | $620,514 |
5 | Rotary International, Los Angeles Rotary Club | 523 W 6th St Ste 718, Los Angeles, CA 90014-1223 | CA | 1958-05 | $552,119 |
6 | Santa Ana Kiwanis Club Foundation | PO BOX 1256, Santa Ana, CA 92702-1256 | CA | 1963-08 | $384,871 |
7 | The Literacy Project Foundation | 3334 E Pch Ste 177, Corona Del Mar, CA 92625 | CA | 1990-03 | $368,607 |
8 | Rotary Club Of Redding Charitable Foundation | 1726 Court St, Redding, CA 96001-1720 | CA | 1993-03 | $299,176 |
9 | South Bay Seniors People Helping People Organization | P O Box 6221, Los Osos, CA 93412-6221 | CA | 1991-06 | $230,688 |
10 | Tjo Fowroe-Haven Homes | 12321 Magnolia Ave Ste B, Riverside, CA 92503-4706 | CA | 1996-06 | $213,936 |
11 | State Council Of Cabrillo Civic Clubs Inc, 12 Tulare Co | PO BOX 1874, Tulare, CA 93275-1874 | CA | 1972-10 | $181,889 |
12 | Rotary District 5170 Foundation | 2570 N First Street No 257, San Jose, CA 95131-1035 | CA | 1988-01 | $166,747 |
13 | Service League Of Doctors Medical Center | PO BOX 4138, Modesto, CA 95352-4138 | CA | 1984-12 | $114,865 |
14 | Westhoff Community Club | 20151 Amar Rd, Walnut, CA 91789-5052 | CA | 1993-04 | $105,846 |
15 | Wednesday Club | 540 Ivy Ln, San Diego, CA 92103-5003 | CA | 1938-11 | $99,649 |
16 | Rotary International, El Cajon Rotary Club | PO BOX 643, El Cajon, CA 92022-0643 | CA | 1954-07 | $92,769 |
17 | Campo Fire Department | PO BOX 55, Campo, CA 91906-0055 | CA | 1987-03 | $80,387 |
18 | Siete Robles Mutual Water Company | 603 W Ojai Ave, Ojai, CA 93023-3732 | CA | 1941-04 | $78,850 |
19 | Rotary International, Willits Rotary Club | 40 W Mendocino Ave, Willits, CA 95490-3410 | CA | 1966-09 | $78,495 |
20 | Rotary International, Fullerton South Rotary Club | PO BOX 488, Fullerton, CA 92836-0488 | CA | 1968-09 | $52,816 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,015 |
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