Knockout Sports Foundation in South Holland, Illinois (IL)
Table of contents:
| Knockout Sports Foundation | |
| Employer Identification Number (EIN) | 261905107 |
| Name of Organization | Knockout Sports Foundation |
| In Care of Name | Nilam Patel |
| Address | 17225 Halsted St Suite 133, South Holland, IL 60473 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 09/2009 |
| 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 | 2009 |
| Assets | $100,000 to $499,999 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $249,900 |
| Amount of Income | $400 |
| Form 990 Revenue Amount | $400 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified) |
Non-representatives - add comments:
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $400 | $0 | $0 |
| Total expenses | $500 | $0 | $0 |
| Total net assets | $249,900 | $249,900 | $249,900 |
| Excess/Deficit for the year | $-100 | $0 | $0 |
| Net assets or fund balances at beginning of year | $250,000 | $249,900 | $249,900 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $249,900 | $249,900 | $249,900 |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $249,900 | $249,900 | $249,900 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $249,900 | $249,900 | $249,900 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | 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 | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | 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 | No |
| Total amount involved | $0 | $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 | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2013) | |
| 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $34,469 |
| Subtotal Support | $284,469 |
| Gifts, grants, contributions, and membership fees received | $284,469 |
| 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 | $250,000 |
| Total Support | $284,469 |
| Public Support | $284,469 |
| 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 | $0 |
| 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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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kavanaugh Family Foundation | 1401 Brook Dr, Downers Grove, IL 60515-1077 | IL | 2009-07 | $1,504,126 |
| 2 | Kempton Foundation Inc | 560 Green Bay Rd Ste 100, Winnetka, IL 60093-2200 | IL | 2009-02 | $-876 |
| 3 | Forest Foundation Of Kendall County | Po Box 143, Yorkville, IL 60541 | IL | 2007-01 | $0 |
| 4 | Blue Knight Foundation | 131 S Dearborn St, Chicago, IL 60603-5517 | IL | 2009-12 | $1,100,000 |
| 5 | Kilimanjaro Childrens Foundation | Envestnet 35 East Wacker Drive 2400, Chicago, IL 60601 | IL | 2007-06 | $21,112 |
| 6 | Kiwanis International Inc | 325 E Jefferson St, Freeport, IL 61032 | IL | 1940-07 | $19,939 |
| 7 | Kiwanis International Inc, K13323 Central Dupage County Kiwanis | Po Box 624, Wheaton, IL 60189 | IL | 1940-07 | $0 |
| 8 | Knights Of Columbus, 4741 Millstadt Council | 40 Landau Dr, Millstadt, IL 62260-1818 | IL | 1940-10 | $7,116 |
| 9 | Knights Of Columbus, 9806 St James The Apostle Council | 480 S Park Blvd, Glen Ellyn, IL 60137-6864 | IL | 1940-10 | $16,907 |
| 10 | Knights Of Columbus | 420 E Monroe, Herrin, IL 62948 | IL | 1940-10 | $0 |
| 11 | Knockout Sports Foundation | 17225 Halsted St Suite 133, South Holland, IL 60473 | IL | 2009-09 | $400 |
| 12 | Konnecting Services In The Community Nfp | PO BOX 528516, Chicago, IL 60652-8516 | IL | 2010-06 | $213,051 |
| 13 | Kuiche Cafe And Culinary Arts Academy | 9751 S Union Ave, Chicago, IL 60628-1018 | IL | 2009-11 | $1,750 |
| 14 | Lacon Area Chamber Of Commerce | PO BOX 195, Lacon, IL 61540-0195 | IL | 1990-11 | $4,200 |
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| 16 | Lake Bluff Youth Baseball Association, Lake Bluff Baseball Association | PO BOX 222, Lake Bluff, IL 60044-0222 | IL | 2009-11 | $107,778 |
| 17 | Lake Zurich Pom Booster Club | PO BOX 904, Lake Zurich, IL 60047-0904 | IL | 2010-05 | $43,948 |
| 18 | Lakeshore Christian Camping | 714 South Fairfield Avenue, Lombard, IL 60148 | IL | 2009-09 | $6,165 |
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| 20 | Land Of Promise Outreach | 225 E Clinton St, Joliet, IL 60432-2854 | IL | 2015-04 | $3,220 |
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