Buffalo Grove Friends Of The Park Foundation in Buffalo Grove, Illinois (IL)
Table of contents:
| Buffalo Grove Friends Of The Park Foundation | |
| Employer Identification Number (EIN) | 363952923 |
| Name of Organization | Buffalo Grove Friends Of The Park Foundation |
| In Care of Name | Michael Rylko |
| Address | 530 Bernard Dr, Buffalo Grove, IL 60089-3351 |
| Activities | Community recreational facilities (park, playground, etc) |
| Subsection | Charitable Organization |
| Ruling Date | 08/1995 |
| 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 | 04/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $47,957 |
| Amount of Income | $46,444 |
| Form 990 Revenue Amount | $7,701 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Physical Fitness and Community Recreational Facilities |
Non-representatives - add comments:
Amount of income in 2014: $46,444 (it was $64,596 in 2013)
| Buffalo Grove Friends Of The Park Foundation: | $46,444 |
| Other organizations performing similar types of work: | $136,224 |
Assets in 2014: $47,957 (it was $54,924 in 2013)
| This organization: | $47,957 |
| Other organizations performing similar types of work: | $159,454 |
Expenses in 2014: $14,668
| This organization: | $14,668 |
| Other organizations performing similar types of work: | $113,481 |
Income to expenses ratio in 2014: 3.2
| Buffalo Grove Friends Of The Park Foundation: | 3.2 |
| Other organizations performing similar types of work: | 1.5 |
Grants share in income in 2014: 32.4%
| This organization: | 32.4% |
| Other organizations performing similar types of work: | 77.4% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $30,151 | $10,375 | $7,701 |
| Contributions, gifts, grants, and similar amounts received | $500 | $1,860 | $2,496 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $112 | $121 | $51 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $29,071 | $8,239 | $5,154 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $93,123 | $62,460 | $43,897 |
| Less: direct expenses from gaming and fundraising events | $64,052 | $54,221 | $38,743 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $468 | $155 | $0 |
| Total expenses | $41,093 | $22,790 | $14,668 |
| Total net assets | $67,339 | $54,924 | $47,957 |
| Excess/Deficit for the year | $-10,942 | $-12,415 | $-6,967 |
| Net assets or fund balances at beginning of year | $78,281 | $67,339 | $54,924 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $54,924 | $47,957 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $67,339 | $54,924 | $47,957 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $67,339 | $54,924 | $47,957 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 2014) | |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $11,357 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Eric Family Service | 1900 North Austin Ste 205, Chicago, IL 60639-5010 | IL | 1996-06 | $812,017 |
| 2 | Southern Off-Road Bicycle Association | 2368 Kingsley Drive, Macon, GA 31204 | GA | 2001-02 | $704,827 |
| 3 | Tyler Street Resource Center, Dba Guyon Saunders Resource Center | 2207 Line Ave, Amarillo, TX 79106-6718 | TX | 1997-04 | $579,071 |
| 4 | Sutherland Recreation Corporation | 409 Ash St, Sutherland, IA 51058-7663 | IA | 1996-06 | $562,590 |
| 5 | Towsontowne Recreation Council | 938 York Rd, Towson, MD 21204-2513 | MD | 1989-07 | $444,190 |
| 6 | Tilton-Northfield Recreation Council | PO BOX 262, Tilton, NH 03276-0262 | NH | 1962-10 | $267,402 |
| 7 | Swarthmore Recreation Association | 120 Columbia Ave, Swarthmore, PA 19081-1614 | PA | 1951-08 | $253,256 |
| 8 | Sheboygan Jaycees Foundation Inc | PO BOX 561, Sheboygan, WI 53082-0561 | WI | 1984-04 | $249,464 |
| 9 | Tidevue Estates Civic Association Inc | 4214 11th Street E, Ellenton, FL 34222 | FL | 1976-07 | $233,980 |
| 10 | Saluda Shoals Foundation | 5605 Bush River Rd, Columbia, SC 29212-2611 | SC | 1995-11 | $170,995 |
| 11 | Roger Allen Recreation Association | PO BOX 1844, Rochester, NH 03866-1844 | NH | 1993-06 | $159,699 |
| 12 | Marvin Martin Uta 031486 No 58782004 | 1600 4th Ave, Rock Island, IL 61201-8632 | IL | 1997-04 | $159,299 |
| 13 | Sandy Beach Association | 432 Beechwood St, Cohasset, MA 02025-1527 | MA | 1966-05 | $142,569 |
| 14 | Buffalo Grove Friends Of The Park Foundation | 530 Bernard Dr, Buffalo Grove, IL 60089-3351 | IL | 1995-08 | $46,444 |
| 15 | Boo Rochman Charitable Corporation | PO BOX 3074, Carbondale, IL 62902-3074 | IL | 1995-11 | $41,435 |
| 16 | Taylorville Community Pleasure Driveway And Park Distr Fund, C-O Robert Morgan | PO BOX 263, Taylorville, IL 62568-0263 | IL | 1994-03 | $33 |
| 17 | Hegewisch Sports Facility Coalition Inc, C-O John Karas | 3150 E 133rd St, Chicago, IL 60633-1441 | IL | 1993-03 | $0 |
| 18 | Patrons Of Washington Square Park Inc | 875 N Dearborn St, Chicago, IL 60610-7377 | IL | 1991-10 | $0 |
| 19 | Richland County Recreation Council | Po Box 508, Olney, IL 62450 | IL | 1997-01 | $0 |
| 20 | Umoja Of Illinois | 13819 S Tracy Ave, Riverdale, IL 60827-1919 | IL | 1996-01 | $0 |
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