Elf Foundation in Fort Collins, Colorado (CO)

Organization representatives - add corrected or new information about Elf Foundation »

Non-representatives - add comments about Elf Foundation»

Elf Foundation
Employer Identification Number (EIN)841548560
Name of OrganizationElf Foundation
In Care of NameSean Shelley
Address702 W Drake Road Unit D, Fort Collins, CO 80526-5556
SubsectionCharitable Organization
Ruling Date09/2000
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,951,212
Amount of Income$417,230
Form 990 Revenue Amount$280,722


Non-representatives - add comments:


CAPTCHA

Your IP address 34.239.185.22 will be logged.

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$217,350$217,340$10
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$8,852
Gross rents$0
Gross sales price for all assets$408,368
Gross profit from sales of goods$0
Other income$10
Other$208,488
Total expenses and disbursements$443,824$78,147$0$363,441
Compensation of officers, directors, trustees, etc.$249,420
Pension plans, employee benefits$27,767
Legal fees$0
Accounting fees$1,835
Interest$0
Depreciation$2,235
Occupancy$20,161
Travel, conferences, and meetings$739
Printing and publications$0
Total operating and administrative expenses$305,324$78,147$224,941
Contributions, gifts, grants paid$138,500
Excess of revenue over expenses and disbursements$-226,474
Net investment income$139,193
Adjusted net income$10
Balance Sheets
201220132014
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$3,455,341$4,324,537$3,177,686$4,091,606$2,951,212$4,204,412
Cash - non-interest-bearing$39,254$2,492$43
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$2,199,800$2,101,640$1,930,618
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$1,069,718$1,012,205$1,003,121
Other assets$0$0
Total liabilities$0$1,500$1,500
Mortgages and other notes payable$0$0$0
Other liabilities$1,500$1,500
Total liabilities and net assets/fund balances$3,455,341$3,176,186$2,949,712
Capital Gains and Losses for Tax on Investment Income
201220132014
Capital gain net income$252,076$68,106$208,488
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201220132014
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$2,053$954$1,392
Total credits and payments$1,134$2,000$1,046
Current year estimated tax payments and previous year's overpayment credited to current year$1,134$2,000$1,046
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$346
Overpayment$1,046$0
Amount to be credited to next year's estimated tax$0$1,046$0
Statements Regarding Activities
201220132014
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?YesNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201220132014
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201220132014
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$5,960,552$4,145,094$3,904,929
Net value of noncharitable-use assets$4,082,918$3,846,355
Minimum investment return$293,557$204,146$192,318
Distributable Amount
201220132014
Distributable amount$291,504$203,192$190,926
Undistributed Income
201220132014
Distributable amount for this year$291,504$203,192$190,926
Undistributed income for this year. This amount must be distributed in the next year$103,000$0$0
Private Operating Foundations (for 2011 - 2014)
2014201320122011Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$8,852$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$-45,990$0$-45,990
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-45,990$0$-45,990
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$4,957
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$4,957
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-50,947
Unrelated business taxable income before net operating loss deduction$-50,947
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-50,947
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Elf Foundation to others? (optional)
  
Add photo of Elf Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Colorado
IdNameAddressStateEstablishedTotal Income
1Csm Alumni Foundation IncPO BOX 1410, Golden, CO 80402-1410CO1984-03$1,166,576
2Daniels Fund101 Monroe St, Denver, CO 80206-4467CO1997-04$14,593,835
3David And Laura Merage Foundation18 Inverness Pl E, Englewood, CO 80112-5622CO2003-06$1,648,656
4David And Marcie Prokupek Family Foundation919 Vine St, Denver, CO 80206-3743CO1998-12$-167,587
5Developmental Disabilities Center, Imagine1400 Dixon Ave, Lafayette, CO 80026-2790CO1969-11$30,944,970
6Developmental Opportunities, StarpointPO BOX 2080, Canon City, CO 81215-2080CO1972-10$12,833,784
7Domanica Foundation3900 S Wadsworth, Lakewood, CO 80235-2203CO1995-01$3,121,966
8Durando Center For Professional Develpoment IncPO BOX 2231, Durango, CO 81302-2231CO1997-12$12,671
9Dynamic Dimensions IncPO BOX 145, Burlington, CO 80807-0145CO1975-10$1,424,393
10Eben Ezer Lutheran Care Center122 Hospital Rd, Brush, CO 80723-1702CO1938-01$12,615,554
11Elf Foundation702 W Drake Road Unit D, Fort Collins, CO 80526-5556CO2000-09$417,230
12Elizabeth A Conour For The Benefit Of Abused & Abandoned Dogs & Cats, Wall Eldo Ttee102 S Tejon St Ste 800, Colorado Spgs, CO 80903-2239CO2002-03$70,049
13Energy Outreach Colorado225 E 16th Ave Ste 200, Denver, CO 80203-1612CO1989-08$22,600,550
14English Language Institute In China1629 Blue Spruce Dr, Ft Collins, CO 80524-2013CO1981-06$17,212,904
15Esther Foundation7979 E Tufts Ave Ste 400, Denver, CO 80237-2521CO2000-03$1,590,953
16Evergreen Chorale IncPO BOX 2103, Evergreen, CO 80437-2103CO1975-08$226,080
17Family Tree Inc3805 Marshall St Ste 100, Wheat Ridge, CO 80033-5062CO1977-06$6,653,442
18Faranhyll Foundation IncPO BOX 1150, Glenwood Spgs, CO 81602-1150CO1993-02$471,805
19Flatirons FoundationPO BOX 1198, Minturn, CO 81645-1198CO1966-07$9,887
20Flora And Morris Mizel Foundation4350 South Monaco Street 5th Floor, Denver, CO 80237-3400CO1997-06$793,826

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Elf Foundation and has no official or unofficial affiliation with Elf Foundation