Will Power Research Fund Inc in Monterey, California (CA)
Table of contents:
| Will Power Research Fund Inc | |
| Employer Identification Number (EIN) | 263306734 |
| Name of Organization | Will Power Research Fund Inc |
| In Care of Name | WILLIAM TARANTINO |
| Address | 380 Foam Street Ste 210, Monterey, CA 93940 |
| Website | http://WWW.WILLPOWERRESEARCHFUND.COM |
| Subsection | Charitable Organization |
| Ruling Date | 02/2009 |
| 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 | 2014 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $26,825 |
| Amount of Income | $5,085 |
| Form 990 Revenue Amount | $5,085 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $5,085 (it was $5,085 in 2013)
| Will Power Research Fund Inc: | $5,085 |
| Other organizations performing similar types of work: | $80,091 |
Assets in 2014: $26,825 (it was $26,825 in 2013)
| This organization: | $26,825 |
| Other organizations performing similar types of work: | $35,445 |
Expenses in 2013: $20,000
| Will Power Research Fund Inc: | $20,000 |
| Other organizations performing similar types of work: | $53,537 |
Income to expenses ratio in 2013: 0.3
| Will Power Research Fund Inc: | 0.3 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 98.3%
| This organization: | 98.3% |
| Other organizations performing similar types of work: | 93.4% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $20,463 | $37,035 | $5,085 |
| Contributions, gifts, grants, and similar amounts received | $20,288 | $37,000 | $5,000 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $175 | $35 | $85 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss 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 | $25,267 | $25,035 | $20,000 |
| Total net assets | $29,740 | $41,740 | $26,825 |
| Excess/Deficit for the year | $-4,804 | $12,000 | $-14,915 |
| Net assets or fund balances at beginning of year | $34,544 | $29,740 | $41,740 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $41,740 | $26,825 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $29,740 | $41,775 | $26,825 |
| Total liabilities | $0 | $35 | $0 |
| Net assets or fund balances | $29,740 | $41,740 | $26,825 |
| 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 that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $163,218 |
| Subtotal Support | $163,218 |
| Gifts, grants, contributions, and membership fees received | $163,218 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $163,771 |
| Public Support | $163,218 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $553 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
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 |
Hoi Bac Ai Phanxico Franciscan Charity Inc in San Francisco, CA
 |
|
Cuddlybear Thrift Store Inc in Fortuna, CA
|
Apostle Paul Ministries in Hayward, CA
 |
|
Adat Ari El in N Hollywood, CA
|
| Iglesia De Jesucristo Palabra-Miel in El Cajon, CA |
|
Nze Foundation in Vista, CA
|
|
Sgi-Usa Endowment in Santa Monica, CA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kure It Inc | 2424 Se Bristol Street 250, Newport Beach, CA 92660 | CA | 2010-05 | $771,692 |
| 2 | Seany Foundation | PO BOX 2767, La Jolla, CA 92038-2767 | CA | 2007-02 | $445,740 |
| 3 | Wunderglo Foundation | 3260 Bennett Dr, Los Angeles, CA 90068 | CA | 2011-09 | $371,664 |
| 4 | Triumph Cancer Foundation | 947 Enterprise Drive Loft B, Sacramento, CA 95825-3901 | CA | 2012-02 | $119,515 |
| 5 | Shred Kids Cancer Inc | 16530 Ventura Blvd, Encino, CA 91436 | CA | 2010-11 | $97,498 |
| 6 | Jags Solanki Memorial Fund For Ovarian Cancer | 8532 Spring Azure Way, Elk Grove, CA 95624-3711 | CA | 2011-10 | $94,471 |
| 7 | Ufcw Local 135 Charity Golf Classic | 2001 Camino Del Rio S, San Diego, CA 92108-3603 | CA | 2009-09 | $83,876 |
| 8 | No-Shenanigans | 16 Zanco Way, Novato, CA 94947-3067 | CA | 2011-06 | $80,091 |
| 9 | Code 3 For A Cure Foundation | PO BOX 9087, Alta Loma, CA 91701-1087 | CA | 2008-09 | $48,254 |
| 10 | Will Power Research Fund Inc | 380 Foam Street Ste 210, Monterey, CA 93940 | CA | 2009-02 | $5,085 |
| 11 | Triple C Foundation | 2226 Louis Rd, Palo Alto, CA 94303-3633 | CA | 2001-01 | $1 |
| 12 | Abundant Life Foundation | 54979 Tanglewood, La Quinta, CA 92253-4740 | CA | 1999-10 | $0 |
| 13 | Ales For Autism | 6366 Commerce Blvd 274, Rohnert Park, CA 94928 | CA | 2011-11 | $0 |
| 14 | Cancer Blast Foundation | Po Box 692187, Stockton, CA 95269-2187 | CA | 2009-09 | $0 |
| 15 | Cancer Universal Research Endowment Foundation Inc | 2020 Redfield St, Fullerton, CA 92833-5089 | CA | 2009-08 | $0 |
| 16 | Coast To Coast To Cure Cancer Foundation | PO BOX 3643, Vista, CA 92085-3643 | CA | 2006-02 | $0 |
| 17 | Cure Cancer Now Foundation | 24913 Knollwood Ln, Valencia, CA 91355 | CA | 2008-07 | $0 |
| 18 | Elizabeth Smider Foundation | 7483 Healis Pl, San Diego, CA 92129-2274 | CA | 2009-08 | $0 |
| 19 | Golden Empires Cancer Outreach Resource Endowment | 9912 Allspice Rose Ct, Bakersfield, CA 93311-3762 | CA | 2004-06 | $0 |
| 20 | Jareds Juggernaut Inc | 24001 Muirlands Blvd Spc 303, Lake Forest, CA 92630 | CA | 2010-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 241 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Will Power Research Fund Inc »
Non-representatives - add comments about Will Power Research Fund Inc»