Lester F Parker Trust Uwo, West Side Methodist Church in Millville, New Jersey (NJ)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
Lester F Parker Trust Uwo, West Side Methodist Church | |
Employer Identification Number (EIN) | 226234559 |
Name of Organization | Lester F Parker Trust Uwo |
Secondary Name | West Side Methodist Church |
In Care of Name | Samuel Herdman |
Address | 220 Rieck Ave, Millville, NJ 08332-4660 |
Subsection | Educational Organization |
Ruling Date | 01/2010 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Trust |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2011 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $207,923 |
Amount of Income | $45,307 |
Form 990 Revenue Amount | $10,131 |
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 2011: $45,307 (it was $223,480 in 2010)
Lester F Parker Trust Uwo, West Side Methodist Church: | $45,307 |
Other organizations performing similar types of work: | $41,680 |
Assets in 2011: $207,923 (it was $207,763 in 2010)
This organization: | $207,923 |
Other organizations performing similar types of work: | $65,579 |
Expenses in 2011: $10,003
This organization: | $10,003 |
Other organizations performing similar types of work: | $24,470 |
Income to expenses ratio in 2011: 4.5
This organization: | 4.5 |
Other organizations performing similar types of work: | 0.5 |
Grants share in income in 2011: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 9.0% |
Revenue for 2011
Expenses for 2011
Assets for 2011
Analysis of Revenue and Expenses (for 2011) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $10,131 | $10,131 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $1,274 | |||
Dividends and interest from securities | $4,827 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $108 | |||
Other | $3,922 | |||
Total expenses and disbursements | $10,003 | $3,239 | $0 | $6,558 |
Compensation of officers, directors, trustees, etc. | $3,914 | |||
Total operating and administrative expenses | $4,942 | $3,239 | $1,497 | |
Contributions, gifts, grants paid | $5,061 | |||
Excess of revenue over expenses and disbursements | $128 | |||
Net investment income | $6,892 | |||
Adjusted net income | $0 |
Balance Sheets (for 2011) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $207,923 | $200,068 |
Cash - non-interest-bearing | $0 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $78,567 | |
Investments-corporate bonds | $119,990 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $9,366 | |
Total liabilities | $1 | |
Mortgages and other notes payable | $0 | |
Other | $1 | |
Total liabilities and net assets/fund balances | $207,923 |
Capital Gains and Losses for Tax on Investment Income (for 2011) | |
Capital gain net income | $3,922 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2011) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $138 |
Total credits and payments | $208 |
2011 estimated tax payments and 2010 overpayment credited to 2011 | $208 |
Exempt foreign organizations-tax withheld at source | $0 |
Tax paid with application for extension of time to file (Form 8868) | $0 |
Backup withholding erroneously withheld | $0 |
Any penalty for underpayment of estimated tax | $0 |
Overpayment | $70 |
Amount to be credited to 2012 estimated tax | $70 |
Statements Regarding Activities (for 2011) | |
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? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | No |
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)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2011) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $205,122 |
Net value of noncharitable-use assets | $202,040 |
Minimum investment return | $10,102 |
Distributable Amount (for 2011) | |
Distributable amount | $9,964 |
Undistributed Income (for 2011) | |
Distributable amount for 2011 | $9,964 |
Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
Private Operating Foundations (for 2011) | |||||
2011 | 2010 | 2009 | 2008 | Total | |
---|---|---|---|---|---|
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 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Us-Central Asia Education Foundation | 124 U St Nw, Washington, DC 20001-1606 | DC | 2007-10 | $4,838,252 |
2 | Subsea Tieback Scholarship Fund | 5418 Woodbury St, Fulshear, TX 77441-4139 | TX | 2007-10 | $101,112 |
3 | Tom Mcmahon Construction Scholarship Fund | 4441 S Abilene Cir, Aurora, CO 80015-1047 | CO | 2006-11 | $18,033 |
4 | Siemens Foundation | 170 Wood Ave South, Iselin, NJ 08830-2741 | NJ | 1999-07 | $9,671,581 |
5 | Witherspoon Institute Inc | 16 Stockton St, Princeton, NJ 08540-6813 | NJ | 2004-05 | $7,490,290 |
6 | Trial Lawyers Foundation For Youth Education | PO BOX 1525, Pennington, NJ 08534-0686 | NJ | 1999-02 | $1,664,068 |
7 | Shemiras Sedorim Inc | 405 Yeshiva Plaza 19b, Lakewood, NJ 08701-2661 | NJ | 2010-06 | $1,559,599 |
8 | The Sandler Oneill Assistance Foundation | 10 Town Square, Chatham, NJ 07928-2566 | NJ | 2014-05 | $1,417,931 |
9 | International Union Of Operating Engineers Local 825 Scholarship Fu | 65 Springfield Ave Ste 1, Springfield, NJ 07081-1308 | NJ | 2014-08 | $1,378,473 |
10 | Snowden Foundation | 87 Battle Rd, Princeton, NJ 08540-4945 | NJ | 2006-02 | $1,034,790 |
11 | Wei Family Private Foundation | 359 Centre Street, Nutley, NJ 07110-2791 | NJ | 2011-01 | $526,264 |
12 | Trust U W Of George Jackson Scholarship Foundation | PO BOX 7037, Bedminster, NJ 07921-7037 | NJ | 2002-05 | $452,664 |
13 | Souchek Foundation Inc | 22o Bender Ave, Roselle Park, NJ 07204 | NJ | 2002-10 | $399,223 |
14 | Nyc Dance Alliance Foundation Inc | 101 Mcintosh Dr, Mahwah, NJ 07430-3271 | NJ | 2010-10 | $394,533 |
15 | Shaun Ohara Foundation Inc | PO BOX 6042, Hillsborough, NJ 08844-6042 | NJ | 2009-04 | $350,129 |
16 | Iron Mike Foundation | 175 Leonard Ave # 177, Trenton, NJ 08610-4807 | NJ | 2014-01 | $320,031 |
17 | William Mcgrath Scholarship Tr, Borbi Louis Et Al Ttee | 379 Bennet St, Roebling, NJ 08554-1803 | NJ | 2006-04 | $302,242 |
18 | Hk Community Fund Inc | 515 Valley St Ste 130, Maplewood, NJ 07040-4301 | NJ | 2009-04 | $289,883 |
19 | Kenneth O Nelson And Janet C Nelson Scholarship Fund Tr Uad 5-23-06, Plummer Roy Ttee | 91 Ridgway Dr, Bordentown, NJ 08505-4270 | NJ | 2011-02 | $251,995 |
20 | Noam Shabbos Inc | 99 Caven Point Rd, Jersey City, NJ 07305-4605 | NJ | 2015-01 | $248,000 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 23,481 |
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