Use The News Foundation in San Francisco, California (CA)
Table of contents:
Use The News Foundation | |
Employer Identification Number (EIN) | 943302611 |
Name of Organization | Use The News Foundation |
In Care of Name | Betty L Sullivan |
Address | 358 Noe St, San Francisco, CA 94114-1619 |
Subsection | Educational Organization |
Ruling Date | 02/1999 |
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 | 05/2014 |
Assets | $1 to $9,999 |
Income | $10,000 to $24,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $5,306 |
Amount of Income | $16,260 |
Form 990 Revenue Amount | $16,260 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Printing, Publishing |
Non-representatives - add comments:
Amount of income in 2014: $16,260 (it was $10,593 in 2013)
Use The News Foundation: | $16,260 |
Other organizations performing similar types of work: | $74,180 |
Assets in 2014: $5,306 (it was $1,231 in 2013)
Use The News Foundation: | $5,306 |
Other organizations performing similar types of work: | $36,407 |
Expenses in 2014: $12,185
This organization: | $12,185 |
Other organizations performing similar types of work: | $68,868 |
Income to expenses ratio in 2014: 1.3
Use The News Foundation: | 1.3 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 89.2%
Use The News Foundation: | 89.2% |
Other organizations performing similar types of work: | 68.1% |
Revenue for 2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total revenue | $67,279 | $195,224 | $10,593 | $16,260 |
Contributions, gifts, grants, and similar amounts received | $59,532 | $195,379 | $8,968 | $14,510 |
Program service revenue including government fees and contracts | $450 | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $-160 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
Other revenue | $7,297 | $5 | $1,625 | $1,750 |
Total expenses | $62,225 | $202,242 | $9,958 | $12,185 |
Total net assets | $4,619 | $-2,399 | $-1,764 | $2,311 |
Excess/Deficit for the year | $5,054 | $-7,018 | $635 | $4,075 |
Net assets or fund balances at beginning of year | $-435 | $4,619 | $-2,399 | $-1,764 |
Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
Net assets or fund balances at end of year | $-2,399 | $-1,764 | $2,311 |
Balance Sheets | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total assets | $4,619 | $546 | $1,231 | $5,306 |
Total liabilities | $0 | $2,945 | $2,995 | $2,995 |
Net assets or fund balances | $4,619 | $-2,399 | $-1,764 | $2,311 |
Other Information | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | 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 | No | |
Total amount involved | $0 | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $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 | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
Reason for Public Charity Status (for 2014) | |
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 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public support | $353,910 |
Subtotal | $353,910 |
Gifts, grants, contributions, and membership fees received | $353,910 |
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 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $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 |
Less | $0 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
Total support | $353,910 |
Public support | $353,910 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Society For The Study Of Native Arts & Sciences, North Atlantic Books | 2526 Martin Luther King Jr Way, Berkeley, CA 94704-2607 | CA | 1981-02 | $7,165,169 |
2 | Skeptic Society | 2761 N Marengo, Alta Dena, CA 91001-2204 | CA | 1996-02 | $1,551,780 |
3 | Truthout | PO BOX 276414, Sacramento, CA 95827-6414 | CA | 2005-04 | $1,424,687 |
4 | Nationofchange Inc | 178 E 19th St, Costa Mesa, CA 92627-2831 | CA | 2011-07 | $671,699 |
5 | Spirit Series Inc | 605 San Vicente Blvd Apt 310, Santa Monica, CA 90402-1807 | CA | 2007-01 | $558,941 |
6 | Rattle Foundation | 12411 Ventura Blvd, Studio City, CA 91604-2407 | CA | 2010-04 | $513,825 |
7 | Poor Magazine Inc | 255 9th Street, San Francisco, CA 94103 | CA | 2000-03 | $307,390 |
8 | Metaintegral Foundation Inc | 817 Jonive Rd, Sebastopol, CA 95472 | CA | 2012-04 | $288,684 |
9 | Southern California Streets Initiative, La Streetsblog | 11539 National Boulevard, Los Angeles, CA 90064 | CA | 2011-02 | $286,692 |
10 | The Codex Foundation | 2203 4th St, Berkeley, CA 94710-2214 | CA | 2007-01 | $282,450 |
11 | Undercurrent Inc | 3020 Bridgeway Suite 102, Sausalito, CA 94965-1439 | CA | 2005-05 | $249,130 |
12 | Newstrust Communications | 337 Richardson Way, Mill Valley, CA 94941 | CA | 2008-12 | $161,734 |
13 | Xipe Projects | PO BOX 2023, Tustin, CA 92781-2023 | CA | 2014-06 | $112,035 |
14 | Western Hellenic Journal Inc | 696 San Ramon Valley Blvd 176, Danville, CA 94526-4022 | CA | 1996-05 | $110,799 |
15 | Vibrant Learning Affiliates | PO BOX 1255, Solana Beach, CA 92075-7255 | CA | 1997-12 | $110,591 |
16 | New Media Arts Inc | PO BOX 178226, San Diego, CA 92177-8226 | CA | 2011-01 | $106,200 |
17 | Morning Star News International Inc, Morning Star News | 23625 Los Grandes St, Aliso Viejo, CA 92656-1123 | CA | 2012-09 | $105,152 |
18 | Stream Inc | 740 Hanson Ln, Ramona, CA 92065-3435 | CA | 2001-08 | $95,202 |
19 | Creative Business Services | PO BOX 332, Rialto, CA 92377 | CA | 1996-08 | $90,119 |
20 | Inlandia Institute, Literary And Educational Center | 4178 Chestnut St, Riverside, CA 92501-3539 | CA | 2012-02 | $80,899 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,035 |
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