Maranatha Foundation Inc in Danbury, Connecticut (CT)
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
| Maranatha Foundation Inc | |
| Employer Identification Number (EIN) | 061531327 |
| Name of Organization | Maranatha Foundation Inc |
| In Care of Name | William G Beattie |
| Address | 11 Rockwood Ln, Danbury, CT 06811-2718 |
| Subsection | Charitable Organization |
| Ruling Date | 03/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $10,000,000 to $49,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $14,967,116 |
| Amount of Income | $11,120,924 |
| Form 990 Revenue Amount | $1,819,883 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Homeless, Temporary Shelter For |
Non-representatives - add comments:
Amount of income in 2013: $11,120,924 (it was $11,332,267 in 2012)
| This organization: | $11,120,924 |
| Other organizations performing similar types of work: | $130,715 |
Assets in 2013: $14,967,116 (it was $16,313,646 in 2012)
| This organization: | $14,967,116 |
| Other organizations performing similar types of work: | $87,843 |
Expenses in 2012: $2,843,896
| This organization: | $2,843,896 |
| Other organizations performing similar types of work: | $132,641 |
Income to expenses ratio in 2012: 3.9
| Maranatha Foundation Inc: | 3.9 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2012: 42.3%
| Maranatha Foundation Inc: | 42.3% |
| Other organizations performing similar types of work: | 90.7% |
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $1,819,883 | $1,050,176 | $0 | |
| Contributions, gifts, grants, etc., received | $769,707 | |||
| Interest on savings and temporary cash investments | $9 | |||
| Dividends and interest from securities | $610,507 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $439,660 | |||
| Total expenses and disbursements | $2,843,896 | $227,416 | $0 | $2,491,185 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $588,161 | $227,416 | $235,450 | |
| Contributions, gifts, grants paid | $2,255,735 | |||
| Excess of revenue over expenses and disbursements | $-1,024,013 | |||
| Net investment income | $822,760 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $16,313,646 | $17,218,041 |
| Cash - non-interest-bearing | $17,607 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,996,767 | |
| Investments-corporate bonds | $7,429,816 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $6,869,456 | |
| Total liabilities | $6,891,965 | |
| Mortgages and other notes payable | $6,891,965 | |
| Total liabilities and net assets/fund balances | $9,421,681 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $439,660 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $8,228 |
| Total credits and payments | $6,300 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $6,300 |
| 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 | $84 |
| Tax due | $2,012 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| 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 2012 or the taxable year beginning in 2012? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| 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 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | 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 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $11,514,225 |
| Net value of noncharitable-use assets | $11,341,520 |
| Minimum investment return | $567,076 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $1 | $0 | $0 | $0 | $1 |
| Qualifying distributions made directly for active conduct of exempt activities | $2,491,185 | $2,944,628 | $2,765,959 | $2,508,116 | $10,709,888 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $378,051 | $403,285 | $428,180 | $372,860 | $1,582,376 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Newcomers Club Of Danbury New Fairfield Conn Inc in Danbury, CT
 |
|
Danbury Family Learning Center Inc in Danbury, CT
|
New Direction Ministries in Bridgeport, 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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Shelter Partnership Inc | 523 W 6th St Ste 616, Los Angeles, CA 90014-1224 | CA | 1985-07 | $18,725,834 |
| 2 | St Matthews House Inc | 2001 Airport Rd S, Naples, FL 34112-4800 | FL | 2002-03 | $13,087,177 |
| 3 | Nrm Holdings Inc | 639 Lafayette Street, Nashville, TN 37203 | TN | 2011-08 | $13,054,180 |
| 4 | Maranatha Foundation Inc | 11 Rockwood Ln, Danbury, CT 06811-2718 | CT | 1999-03 | $11,120,924 |
| 5 | The Next Door, Downtown Ministry Center Inc | 402 22nd Ave N, Nashville, TN 37203-1949 | TN | 2003-11 | $6,368,928 |
| 6 | Transformation Network | 1310 Claremont Ave, Ashland, OH 44805-3529 | OH | 2001-07 | $6,032,908 |
| 7 | Tulsa Day Center For The Homeless Inc, Tulsa Day Center For The Homeless | 415 W Archer St, Tulsa, OK 74103-1807 | OK | 1999-03 | $4,004,254 |
| 8 | Shelter For The Homeless Inc | 137 Henry Street Ste 505, Stamford, CT 06902-5801 | CT | 1986-03 | $3,136,216 |
| 9 | Mystic Area Shelter And Hospitality Inc | 119 High St, Mystic, CT 06355-2415 | CT | 1999-09 | $358,547 |
| 10 | Windham Region No Freeze Project Inc | PO BOX 46, Willimantic, CT 06226-0046 | CT | 2004-12 | $165,789 |
| 11 | Park City Initiative Corporation, Green Mary C Pres | PO BOX 915, Bridgeport, CT 06601-0915 | CT | 2003-10 | $95,603 |
| 12 | The Stratford Coalition For The Homeless Inc | 238 Jewett Aver, Bridgeport, CT 06606 | CT | 1990-08 | $91,080 |
| 13 | Higher Ground Crisis Center Inc | 51 Tyler Ave, Plainville, CT 06062-2444 | CT | 2014-09 | $48,965 |
| 14 | Daughters Of Charity Rescue Mission | 1490 North Avenue, Bridgeport, CT 06604 | CT | 2001-12 | $0 |
| 15 | G Beginning Inc | 263 Duncaster Road, Bloomfield, CT 06002 | CT | 2009-08 | $0 |
| 16 | Judah House Inc | 84 Vine St, Hartford, CT 06112-2271 | CT | 2009-07 | $0 |
| 17 | New Milford Homeless Shelter Coalition Inc | Po Box 1016, New Milford, CT 06776 | CT | 2005-11 | $0 |
| 18 | Ruths House Refuge Center Inc | PO BOX 3088, New Haven, CT 06515-0188 | CT | 2004-12 | $0 |
| 19 | Threshold Associates | 29 Lake St, West Haven, CT 06516 | CT | 2005-07 | $0 |
| 20 | Tzedaka Community Development Corporation | 1729 Center Groton Rd, Ledyard, CT 06339-1942 | CT | 2004-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,800 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Maranatha Foundation Inc »
Non-representatives - add comments about Maranatha Foundation Inc»