National Foundation Of Patriotism Inc in Atlanta, Georgia (GA)
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
National Foundation Of Patriotism Inc | |
Employer Identification Number (EIN) | 582275232 |
Name of Organization | National Foundation Of Patriotism Inc |
In Care of Name | Nicholas D Snider |
Address | 1927 Piedmont Circle Ne, Atlanta, GA 30324-4820 |
Activities | Museum, zoo, planetarium, etc. |
Subsection | Charitable Organization |
Ruling Date | 09/2007 |
Deductibility | Contributions are deductible |
Foundation | Private operating foundation (other) |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2012 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $74,293 |
Amount of Income | $203,695 |
Form 990 Revenue Amount | $456,788 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2012: $203,695 (it was $456,978 in 2011)
National Foundation Of Patriotism Inc: | $203,695 |
Other organizations performing similar types of work: | $42,230 |
Assets in 2012: $74,293 (it was $93,812 in 2011)
This organization: | $74,293 |
Other organizations performing similar types of work: | $110,927 |
Expenses in 2012: $200,862
This organization: | $200,862 |
Other organizations performing similar types of work: | $32,454 |
Income to expenses ratio in 2012: 1.0
This organization: | 1.0 |
Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2012: 53.4%
This organization: | 53.4% |
Other organizations performing similar types of work: | 27.1% |
Revenue 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 | $192,711 | $29 | $89,672 | |
Contributions, gifts, grants, etc., received | $102,946 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $29 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $5,030 | |||
Gross sales less returns and allowances | $-1,051 | |||
Less: Cost of goods sold | $6,081 | |||
Other income | $84,613 | |||
Other | $93 | |||
Total expenses and disbursements | $200,862 | $0 | $62,398 | $128,566 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $200,862 | $0 | $128,566 | |
Contributions, gifts, grants paid | $0 | |||
Excess of revenue over expenses and disbursements | $-8,151 | |||
Net investment income | $29 | |||
Adjusted net income | $27,274 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $74,293 | $55,197 |
Cash - non-interest-bearing | $1,318 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $72,975 | |
Total liabilities | $338,399 | |
Mortgages and other notes payable | $0 | |
Other | $338,399 | |
Total liabilities and net assets/fund balances | $-264,106 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $93 |
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 | $1 |
Total credits and payments | $558 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $558 |
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 |
Tax due | $0 |
Overpayment | $557 |
Amount to be credited to 2013 estimated tax | $557 |
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? | Yes |
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 | $22,650 |
Net value of noncharitable-use assets | $22,320 |
Minimum investment return | $1,116 |
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 | $1,116 | $1,231 | $719 | $4,453 | $7,519 |
Qualifying distributions made directly for active conduct of exempt activities | $128,566 | $233,987 | $705,188 | $1,849,696 | $2,917,437 |
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 | $744 | $821 | $479 | $2,969 | $5,013 |
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 | Tailfin Automotive Museum Inc, Stephen D Sauer | 4016 Brantley Dr, Austell, GA 30106-1559 | GA | 2010-08 | $54,259 |
2 | Saluteamerica Inc | 2496 Hyde Manor Dr Nw, Atlanta, GA 30327-1130 | GA | 2008-02 | $23,292 |
3 | Gainesville-Hall County Black History Society Inc | PO BOX 423, Gainesville, GA 30503-0423 | GA | 2012-05 | $3,283 |
4 | Altamaha Heritage Center Inc | P O Box 1085, Lyons, GA 30436 | GA | 2004-06 | $2,890 |
5 | Faces Of Fredom War Museum Inc | 1047 Riverside Drive, Lagrange, GA 30240 | GA | 2011-12 | $200 |
6 | Blackstock Southern Heritage Agricultural Museum Inc | 260 Lance Rd Ne, Calhoun, GA 30701-4927 | GA | 2010-10 | $128 |
7 | African American Sports Museum Of Atlanta Inc | 120 Powers Ferry Rd, Marietta, GA 30067-7575 | GA | 2002-04 | $0 |
8 | Aragon Historical Society | PO BOX 333, Aragon, GA 30104 | GA | 2007-01 | $0 |
9 | Augusta Cotton Exchange Museum Inc | 32 Eighth St, Augusta, GA 30901 | GA | 2000-05 | $0 |
10 | Columbus Archives And History Center Inc | 233 12th St Ste 500, Columbus, GA 31901-2468 | GA | 2001-06 | $0 |
11 | Coweta County Genealogical Society Inc | Po Box 1014, Newnan, GA 30264-1014 | GA | 1982-09 | $0 |
12 | Crawford County Historical Society | Po Box 622, Roberta, GA 31078 | GA | 2003-06 | $0 |
13 | Daughters Of Union Veterans Of The Civil War 1861 1865, Duvcw Ga Tent 2 Amanda Stokes | 13935 Belleterre Drive, Alpharetta, GA 30004-4352 | GA | 2010-02 | $0 |
14 | Early County Museum Inc | PO BOX 213, Blakely, GA 39823-0213 | GA | 2014-08 | $0 |
15 | Franklin County Historical Society Inc, Franklin County Historical Society | 255 North Fork Rd, Lavonia, GA 30553 | GA | 2001-02 | $0 |
16 | Friends Of Wicks Tavern Inc | Pob 2, Winston, GA 30187-0002 | GA | 1999-03 | $0 |
17 | Gainesville-Hall Trust For Historic Preservation Inc | Po Box 2999, Gainesville, GA 30503 | GA | 2000-07 | $0 |
18 | Georgia B Williams Nursing Home | 1081 Willow St, Woodville, GA 30669 | GA | 2014-08 | $0 |
19 | Georgia Law Enforcement Museum Inc | 22 Barnett Shoals Rd, Watkinsville, GA 30677-2500 | GA | 2004-09 | $0 |
20 | Habersham County Historical Scoiety | Po Box 924, Cornelia, GA 30531 | GA | 2014-03 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 2,375 |
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