James B Zipse Hero Foundation in Rockford, Illinois (IL)
Table of contents:
| James B Zipse Hero Foundation | |
| Employer Identification Number (EIN) | 455511106 |
| Name of Organization | James B Zipse Hero Foundation |
| Address | PO BOX 922, Rockford, IL 61105-0922 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2013 |
| 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 | 06/2014 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $296 |
| Amount of Income | $1,689 |
| Form 990 Revenue Amount | $1,689 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $1,689 (it was $15,461 in 2013)
| James B Zipse Hero Foundation: | $1,689 |
| Other organizations performing similar types of work: | $80,091 |
Assets in 2014: $296 (it was $4,704 in 2013)
| This organization: | $296 |
| Other organizations performing similar types of work: | $35,445 |
Expenses in 2014: $6,097
| James B Zipse Hero Foundation: | $6,097 |
| Other organizations performing similar types of work: | $53,537 |
Income to expenses ratio in 2014: 0.3
| James B Zipse Hero Foundation: | 0.3 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2014: 50.9%
| James B Zipse Hero Foundation: | 50.9% |
| Other organizations performing similar types of work: | 93.4% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2013 | 2014 | |
|---|---|---|
| Total revenue | $10,018 | $1,689 |
| Contributions, gifts, grants, and similar amounts received | $6,530 | $860 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $3,488 | $829 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $8,931 | $829 |
| Less: direct expenses from gaming and fundraising events | $5,443 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $5,314 | $6,097 |
| Total net assets | $4,704 | $296 |
| Excess/Deficit for the year | $4,704 | $-4,408 |
| Net assets or fund balances at beginning of year | $0 | $4,704 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $4,704 | $296 |
| Balance Sheets | ||
| 2013 | 2014 | |
|---|---|---|
| Total assets | $4,704 | $296 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $4,704 | $296 |
| Other Information | ||
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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 that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $7,390 |
| Subtotal Support | $7,390 |
| Gifts, grants, contributions, and membership fees received | $7,390 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $11,707 |
| Public Support | $7,390 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $4,317 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dolphins Cycling Challenge Inc | 347 Don Shula Dr, Miami Gardens, FL 33056-2614 | FL | 2012-07 | $3,905,482 |
| 2 | 15-40 Connection Inc | 17 Briden Street, Worcester, MA 01605 | MA | 2008-09 | $1,539,452 |
| 3 | One Mission Inc | 21 Ozick Dr, Durham, CT 06422-1022 | CT | 2009-03 | $1,216,601 |
| 4 | Haymakers For Hope Inc | 43 Woodridge Rd, Wellesley, MA 02482-7032 | MA | 2012-07 | $958,090 |
| 5 | Pamela B Katten Memorial Leukemia Research Inc | 525 W Monroe St Ste 1600, Chicago, IL 60661-3690 | IL | 2004-05 | $217,036 |
| 6 | Local 1546 Ufcw Leukemia Fund Inc | 1649 W Adams Street, Chicago, IL 60612-3294 | IL | 2006-12 | $119,201 |
| 7 | Mark Linder Walk For The Mind | 124 Sw Adams St Ste 600, Peoria, IL 61602-1392 | IL | 2012-07 | $63,486 |
| 8 | Childrens Research Foundation Incorporated | PO BOX 205, Clarendon Hls, IL 60514-0205 | IL | 1956-07 | $29,139 |
| 9 | Little Heroes Pediatric Cancer Reseach Foundation | 200 West Jackson Blvd, Chicago, IL 60606-6910 | IL | 2001-08 | $14,009 |
| 10 | James B Zipse Hero Foundation | PO BOX 922, Rockford, IL 61105-0922 | IL | 2013-08 | $1,689 |
| 11 | Benefit Organization | 5431 N East River Rd Apt 1101, Chicago, IL 60656-1086 | IL | 2006-06 | $0 |
| 12 | Camden Foundation Inc | 301 N Colburn St, Ivesdale, IL 61851 | IL | 2010-06 | $0 |
| 13 | Chicago Lung Run | 20 E Scott St Apt 205, Chicago, IL 60610-2319 | IL | 2009-06 | $0 |
| 14 | Elaine Levy Ordower Foundation | 25 East Washington Street, Chicago, IL 60602 | IL | 2010-02 | $0 |
| 15 | F A B 5k Corp | Po Box 154, Arlington Heights, IL 60006 | IL | 2011-03 | $0 |
| 16 | George Campbell Nisbet Foundation | 407 E Waverly Road, Arlington Heights, IL 60004 | IL | 2005-07 | $0 |
| 17 | Ginny Wilhelm Foundation | 808 Cessna Ct, New Lenox, IL 60451 | IL | 2008-05 | $0 |
| 18 | Liz Diamond Foundation Inc | 6543 N Nokomis Ave, Lincolnwood, IL 60712-3025 | IL | 2003-07 | $0 |
| 19 | Mikey Corbett Childrens Cancer Fund Inc | 939 Blue Aster Drive, Romeoville, IL 60446 | IL | 2000-03 | $0 |
| 20 | Peoria Ride For The Cure | PO BOX 281, Washburn, IL 61570-0281 | IL | 2009-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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