Mahomet-Seymour Schools Foundation For Educational Excellence in Seymour, Illinois (IL)
Table of contents:
| Mahomet-Seymour Schools Foundation For Educational Excellence | |
| Employer Identification Number (EIN) | 371333774 |
| Name of Organization | Mahomet-Seymour Schools Foundation For Educational Excellence |
| In Care of Name | S Porter Treas |
| Address | 1944 County Road 150 E, Seymour, IL 61875-9606 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Endowment fund or financial services |
| Subsection | Charitable Organization |
| Ruling Date | 02/1995 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $157,088 |
| Amount of Income | $88,504 |
| Form 990 Revenue Amount | $76,478 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $68,921 | $55,498 | $79,523 | $76,478 |
| Contributions, gifts, grants, and similar amounts received | $54,444 | $50,128 | $60,909 | $56,800 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $277 | $264 | $184 | $188 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $14,200 | $5,106 | $18,430 | $19,490 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $20,774 | $18,502 | $28,012 | $31,516 |
| Less: direct expenses from gaming and fundraising events | $6,574 | $13,396 | $9,582 | $12,026 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $66,805 | $64,841 | $38,425 | $63,671 |
| Total net assets | $112,526 | $103,183 | $144,281 | $157,088 |
| Excess/Deficit for the year | $2,116 | $-9,343 | $41,098 | $12,807 |
| Net assets or fund balances at beginning of year | $110,410 | $112,526 | $103,183 | $144,281 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $103,183 | $144,281 | $157,088 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $112,526 | $103,183 | $144,281 | $157,088 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $112,526 | $103,183 | $144,281 | $157,088 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $350,394 |
| Subtotal | $350,394 |
| Gifts, grants, contributions, and membership fees received | $279,410 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $70,984 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $352,726 |
| Public support | $350,394 |
| Subtotal | $2,332 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $2,332 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Positive Pathways Of Chicago in Chicago, IL
 |
Sequoia Farm Foundation in Decatur, IL
 |
|
Chicago Assembly Foundation in Chicago, IL
|
|
Edgar Baillie Ministries Inc in Elgin, IL
|
|
Lawrence County Humane Society in Lawrenceville, IL
|
|
Pawsitively Famous Inc in Peotone, IL
|
|
Rock River Valley Traffic Club in Rockford, IL
|
|
Ruach Center Inc in Woodstock, IL
|
|
Wavering Fam Charitable Foundation in Chicago, IL
|
|
Chicago Couture Fashion Week Inc in Chicago, IL
|
| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Magnus Charitable Tr, Magnus Maria Ttee | 600 W Rand Rd Ste A104, Arlington Hts, IL 60004-2355 | IL | 2005-05 | $1,030,737 |
| 2 | Magnus Helping Hand | 600 W Rand Rd Ste A104, Arlington Hts, IL 60004-2355 | IL | 2006-10 | $10,000 |
| 3 | Maharashtra Mandal-Chicago | 24113 103rd St, Naperville, IL 60564-8011 | IL | 1976-11 | $71,026 |
| 4 | Mahdavia Islamic Center Of Chicago, C-O Syed M Shah | 7419 N Western Ave, Chicago, IL 60645-1763 | IL | 1992-04 | $114,526 |
| 5 | Mahomet Area Kids Endowment Foundation | 2520 Walnut Ct, Mahomet, IL 61853-9786 | IL | 1999-10 | $23,902 |
| 6 | Mahomet Area Youth Club | PO BOX 315, Mahomet, IL 61853-0315 | IL | 2003-08 | $244,371 |
| 7 | Mahomet Historical Museum Society | 304 Grand Ave, Lincoln, IL 62656-1129 | IL | 2008-06 | $4,743 |
| 8 | Mahomet-Seymour Athletic Boosters | 203 S Ranch Ln, Mahomet, IL 61853-9339 | IL | 2009-06 | $78,706 |
| 9 | Mahomet-Seymour Music Boosters | 302 W State St, Mahomet, IL 61853 | IL | 2009-09 | $0 |
| 10 | Mahomet-Seymour Parent Teacher Organization | PO BOX 274, Mahomet, IL 61853-0274 | IL | 1993-11 | $107,861 |
| 11 | Mahomet-Seymour Schools Foundation For Educational Excellence | 1944 County Road 150 E, Seymour, IL 61875-9606 | IL | 1995-02 | $88,504 |
| 12 | Mailisita Foundation | 31475 N Reigate Ln, Green Oaks, IL 60048-4858 | IL | 2007-09 | $151,404 |
| 13 | Maillet Foundation | 204 N Adams St, Hinsdale, IL 60521-3126 | IL | 2001-02 | $75 |
| 14 | Main St Eldorado Inc | PO BOX 435, Eldorado, IL 62930-0435 | IL | 1999-06 | $11,411 |
| 15 | Main Stay Therapeutic Farm Inc | 6919 Keystone Rd, Richmond, IL 60071-9793 | IL | 1989-07 | $1,956,316 |
| 16 | Main Street Blue Island Inc | 13151 S Western Ave, Blue Island, IL 60406 | IL | 1996-11 | $84,593 |
| 17 | Main Street Community Center Inc | 1003 N Main St, Edwardsville, IL 62025-1117 | IL | 1975-06 | $197,366 |
| 18 | Main Street East Moline | 915 16th Avenue, East Moline, IL 61244 | IL | 1999-09 | $0 |
| 19 | Main Street Golconda Inc | Po Box 482, Golconda, IL 62938 | IL | 1996-07 | $100,509 |
| 20 | Main Street Lincoln Inc | C/O Michael Simonson 10 Oakwood Dr, Lincoln, IL 62656 | IL | 1995-04 | $68,399 |
Organization representatives - add corrected or new information about Mahomet-Seymour Schools Foundation For Educational Excellence »
Non-representatives - add comments about Mahomet-Seymour Schools Foundation For Educational Excellence»