Shaka Franklin Foundation For Youth in Denver, Colorado (CO)

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Shaka Franklin Foundation For Youth
Employer Identification Number (EIN)841163379
Name of OrganizationShaka Franklin Foundation For Youth
In Care of NameLeslie S Franklin Pres
Address8101 E Dartmouth Ave Unit 11, Denver, CO 80231-4258
ActivitiesOther youth organization or activities
SubsectionCharitable Organization
Ruling Date01/1992
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,771,128
Amount of Income$77,482
Form 990 Revenue Amount$62,774
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Centers, Clubs, Multipurpose


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Financial snapshot ($)

Revenue for 2012

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$62,774
Contributions, Gifts, Grants and Other Similar Amounts$58,245
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 income from fundraising events$4,529
Gross income from fundraising events$19,237
Less: direct expenses$14,708
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$135,559
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$135,559
Balance Sheet (for 2012)
Total assets$1,771,128
Total liabilities$0
Total net assets or fund balances$1,771,128
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$92,153
Gifts, grants, contributions, and membership fees received$120,385
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$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$-28,232
Gross receipts from related activities, etc.$0
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