Derby-Shelton Rotary Club Foundatio Inc in Shelton, Connecticut (CT)
Table of contents:
| Derby-Shelton Rotary Club Foundatio Inc | |
| Employer Identification Number (EIN) | 061303711 |
| Name of Organization | Derby-Shelton Rotary Club Foundatio Inc |
| In Care of Name | Leo Vine |
| Address | 71 Long Hill Cross Rd, Shelton, CT 06484-4702 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 05/1991 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $254,973 |
| Amount of Income | $26,746 |
| Form 990 Revenue Amount | $26,746 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2014: $26,746 (it was $51,365 in 2013)
| This organization: | $26,746 |
| Other organizations performing similar types of work: | $72,336 |
Assets in 2014: $254,973 (it was $220,900 in 2013)
| Derby-Shelton Rotary Club Foundatio Inc: | $254,973 |
| Other organizations performing similar types of work: | $239,394 |
Expenses in 2013: $15,806
| This organization: | $15,806 |
| Other organizations performing similar types of work: | $40,888 |
Income to expenses ratio in 2013: 1.7
| Derby-Shelton Rotary Club Foundatio Inc: | 1.7 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 15.9%
| Derby-Shelton Rotary Club Foundatio Inc: | 15.9% |
| Other organizations performing similar types of work: | 0.1% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $-32,274 | $11,040 |
| Contributions, gifts, grants, and similar amounts received | $0 | $1,750 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $10,847 | $7,111 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-43,121 | $2,179 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $70,568 | $42,504 |
| Less: direct expenses from gaming and fundraising events | $113,689 | $40,325 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $16,240 | $15,806 |
| Total net assets | $209,371 | $220,900 |
| Excess/Deficit for the year | $-48,514 | $-4,766 |
| Net assets or fund balances at beginning of year | $264,602 | $209,371 |
| Other changes in net assets or fund balances | $-6,717 | $16,295 |
| Net assets or fund balances at end of year | $209,371 | $220,900 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $209,371 | $220,900 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $209,371 | $220,900 |
| Other Information | ||
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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: (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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $203,574 |
| Subtotal | $203,574 |
| Gifts, grants, contributions, and membership fees received | $1,750 |
| 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 | $201,824 |
| 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 | $237,315 |
| Public support | $203,574 |
| Subtotal | $33,741 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $33,741 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
New Direction Ministries in Bridgeport, CT
  |
|
Newcomers Club Of Danbury New Fairfield Conn Inc in Danbury, CT
|
| David And Sherry Cordani Family Foundation in West Hartford, CT |
|
Ccns Development Program Inc in Middletown, CT
|
|
Laura Norton Fund, Gelfenbien Roger A Ttee in Hartford, CT
|
Connecticut Renaissance Inc in Bridgeport, CT
 |
|
Christ Chapel Of The Christian And Missionary Alliance in Madison, CT
|
| Friends Helping Children Foundation Charitable Tr, Turina Tony Ttee in Torrington, CT |
|
Vicki Soto Memorial Fund in Southport, CT
|
|
Veterans Rowing & Kayaking Inc in Trumbull, CT
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sylvester H Reed Memorial Trust | PO BOX 1111, Pflugerville, TX 78691-1111 | TX | 1998-01 | $1,242,927 |
| 2 | The Michael Bolton Charities Inc | 33 N Main St, Wallingford, CT 06492-3700 | CT | 1993-07 | $1,314,097 |
| 3 | Roxbury Scholarship Foundation Inc | PO BOX 106, Roxbury, CT 06783-0106 | CT | 1970-09 | $596,043 |
| 4 | Staples High School Tuition Grants Committee Inc | PO BOX 5159, Westport, CT 06881-5159 | CT | 1976-03 | $354,751 |
| 5 | The Hord Foundation Inc | PO BOX 4671, Danbury, CT 06813-4671 | CT | 1993-08 | $299,188 |
| 6 | William Widdy Neale Scholarship Fund Inc | 35 Cold Spring Rd Ste 212, Rocky Hill, CT 06067-3162 | CT | 1986-08 | $115,393 |
| 7 | Yale Club And Scholarship Foundation Of Hartford Inc | PO BOX 270084, West Hartford, CT 06127-0084 | CT | 1960-10 | $98,414 |
| 8 | Macricostas Scholarship Trust Inc | 15 Secor Rd, Brookfield, CT 06804 | CT | 1997-05 | $75,000 |
| 9 | Rotary Club Of New Canaan Charitable Foundation Inc | PO BOX 62, New Canaan, CT 06840-0062 | CT | 1998-07 | $67,826 |
| 10 | Weston Woods Institute Inc | 389 Newtown Tpke, Weston, CT 06883-1116 | CT | 1985-02 | $50,000 |
| 11 | Vera Arterburn Memorial Scholarship Fund Inc | 111 Founders Plaza, East Hartford, CT 06108-3212 | CT | 1996-07 | $38,632 |
| 12 | The Eagle Foundation Inc | 11 Henry St, Greenwich, CT 06830-5809 | CT | 1996-05 | $32,001 |
| 13 | Visiting Nurse Association Of Newtown Inc | 45 Main St, Newtown, CT 06470-2134 | CT | 1940-04 | $24,806 |
| 14 | Daniel A Boucher Memorial Scholarship Award | 758 Boswell Ave, Norwich, CT 06360-2543 | CT | 1991-07 | $20,656 |
| 15 | William J Ryan Scholarship Inc | PO BOX 171, Unionville, CT 06085-0171 | CT | 1997-09 | $16,491 |
| 16 | The Arcadian Foundation | 1 Mayflower Rd, Darien, CT 06820-5709 | CT | 1995-12 | $12,705 |
| 17 | Connecticut Engineers Education Foundation Inc | 460 Smith St Ste K, Middletown, CT 06457 | CT | 1997-04 | $7,360 |
| 18 | American Association Of University Women | 21 Hard St, Naugatuck, CT 06770 | CT | 1998-02 | $0 |
| 19 | Anna Anderson Doering Memorial Scholarship Tr | 14 Prospect Hill Road, Cromwell, CT 06416 | CT | 1993-04 | $0 |
| 20 | Assoc Of Retired Teachers Of Ct Glenn Moon Scholarship Find Inc, Artc Glen Moon Scholarship Fund Inc | 405 Lakeside Blvd W, Waterbury, CT 06708-2830 | CT | 1994-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,412 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Derby-Shelton Rotary Club Foundatio Inc »
Non-representatives - add comments about Derby-Shelton Rotary Club Foundatio Inc»