Carlos Zambrano Foundation Inc in Miami, Florida (FL)

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Carlos Zambrano Foundation Inc
Employer Identification Number (EIN)264756586
Name of OrganizationCarlos Zambrano Foundation Inc
In Care of NameCARLOS ZAMBRANO
AddressC/O 7821 Sw 24 St Ste 135, Miami, FL 33155
SubsectionCharitable Organization, Educational Organization
Ruling Date06/2009
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,922
Amount of Income$386,972
Form 990 Revenue Amount$386,972
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development Programs, Other


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$25,000
Contributions, gifts, grants, and similar amounts received$25,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$23,850
Total net assets$7,072
Excess for the year$1,150
Net assets or fund balances at beginning of year$5,922
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$7,072
Total liabilities$0
Net assets or fund balances$7,072
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$684,633
Gifts, grants, contributions, and membership fees received$684,633
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$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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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