Joseph Academy Foundation Inc in Des Plaines, Illinois (IL)
Table of contents:
| Joseph Academy Foundation Inc | |
| Employer Identification Number (EIN) | 363474528 |
| Name of Organization | Joseph Academy Foundation Inc |
| Address | 1101 Gregory St, Des Plaines, IL 60016-1231 |
| Activities | Gifts, grants, or loans to other organizations, Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 11/1986 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $54,297 |
| Amount of Income | $88,431 |
| Form 990 Revenue Amount | $58,499 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Specialized Education Institutions |
Non-representatives - add comments:
Amount of income in 2014: $88,431 (it was $95,917 in 2013)
| This organization: | $88,431 |
| Other organizations performing similar types of work: | $125,960 |
Assets in 2014: $54,297 (it was $264,191 in 2013)
| Joseph Academy Foundation Inc: | $54,297 |
| Other organizations performing similar types of work: | $440,288 |
Expenses in 2013: $91,003
| This organization: | $91,003 |
| Other organizations performing similar types of work: | $91,003 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 55.7%
| Joseph Academy Foundation Inc: | 55.7% |
| Other organizations performing similar types of work: | 21.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $149,673 | $130,488 | $77,524 |
| Contributions, gifts, grants, and similar amounts received | $117,432 | $127,791 | $43,166 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $1,484 | $860 | $381 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $30,757 | $1,837 | $33,977 |
| Gross income from gaming | $0 | $8,055 | $0 |
| Gross income from fundraising events | $52,137 | $0 | $52,370 |
| Less: direct expenses from gaming and fundraising events | $21,380 | $6,218 | $18,393 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $155,384 | $121,793 | $91,003 |
| Total net assets | $268,650 | $277,345 | $263,866 |
| Excess/Deficit for the year | $-5,711 | $8,695 | $-13,479 |
| Net assets or fund balances at beginning of year | $274,361 | $268,650 | $277,345 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $277,345 | $263,866 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $272,143 | $291,385 | $264,191 |
| Total liabilities | $3,493 | $14,040 | $325 |
| Net assets or fund balances | $268,650 | $277,345 | $263,866 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 2013) | |
| 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 | $40,865 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kentucky School For The Blind Charitable Foundation Inc | 214 Haldeman Ave, Louisville, KY 40206-2033 | KY | 1985-12 | $3,936,682 |
| 2 | Shining Star Foundation, Dba Star Academy | 4470 Redwood Hwy, San Rafael, CA 94903-1901 | CA | 1990-10 | $4,821,553 |
| 3 | Center For Hearing And Speech Foundation | 3636 W Dallas St, Houston, TX 77019-1704 | TX | 1986-03 | $2,844,443 |
| 4 | Reachout Inc | 60 Connolly Pkwy 17, Hamden, CT 06514-2593 | CT | 1995-03 | $1,848,639 |
| 5 | Glen Stacey Memorial Fund | 1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818 | NC | 1991-10 | $1,427,737 |
| 6 | Ruth Carlson-Starlight Foundation | 610 Commercial Ave Sw, New Phila, OH 44663-9365 | OH | 1988-08 | $230,869 |
| 7 | Green Tree Foundation | PO BOX 25639, Philadelphia, PA 19144-0639 | PA | 1989-03 | $145,004 |
| 8 | Protestant Orphanage Foundation Inc | PO BOX 1908, Orlando, FL 32802-1908 | FL | 1942-12 | $125,960 |
| 9 | Friends Of The Louisville Deaf Oral School Inc, Fabulous Finds | 2101 Frankfort Ave, Louisville, KY 40206-2001 | KY | 1993-07 | $107,870 |
| 10 | Little City Parents Group | 9510 Overhill Ave, Morton Grove, IL 60053-1018 | IL | 1980-09 | $89,469 |
| 11 | Joseph Academy Foundation Inc | 1101 Gregory St, Des Plaines, IL 60016-1231 | IL | 1986-11 | $88,431 |
| 12 | Subsidium Inc | 7901 Poplar Ave, Germantown, TN 38138-5006 | TN | 1974-07 | $46,686 |
| 13 | Florida Council For Exceptional Children Inc | 475 Ramblewood Dr, Coral Springs, FL 33071 | FL | 1982-07 | $28,724 |
| 14 | Woodbridge Developmental Center Parents Association Inc | PO BOX 59, Avenel, NJ 07001-0059 | NJ | 1973-09 | $7,887 |
| 15 | West Virginia Schools For The Deaf And The Blind Foundation Inc | 301 E Main St, Romney, WV 26757-1828 | WV | 1995-09 | $4,479 |
| 16 | Fernald League For Retarded Children Inc | 24 Warwick Road, Watertown, MA 02472 | MA | 1958-09 | $3,927 |
| 17 | Friends Of The Move | PO BOX 570372, Tarzana, CA 91357-0372 | CA | 1981-05 | $0 |
| 18 | Holy Angels School Charitable Endowment Trust 3603290402 | PO BOX 2050, Fort Worth, TX 76113-2050 | TX | 1979-05 | $0 |
| 19 | Parents & Friends Of Crystal Spring School Inc | 56 Narrows Road, Assonet, MA 02702 | MA | 1991-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||
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| Total | 19 | ||||||||||||||||||||||||||
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