Sola Scriptura in Geneva, Illinois (IL)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Illinois
| Sola Scriptura | |
| Employer Identification Number (EIN) | 363953755 |
| Name of Organization | Sola Scriptura |
| In Care of Name | David Allen |
| Address | 407 S 3rd St Ste 230, Geneva, IL 60134-2759 |
| Activities | "Unspecified" |
| Subsection | Charitable Organization |
| Ruling Date | 07/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $564,031 |
| Amount of Income | $458,504 |
| Form 990 Revenue Amount | $458,504 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $458,504 | $0 | $7,481 | |
| Contributions, gifts, grants, etc., received | $451,023 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $7,481 | |||
| Gross sales less returns and allowances | $7,481 | |||
| Less: Cost of goods sold | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $455,798 | $0 | $0 | $451,421 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $445,798 | $0 | $441,421 | |
| Contributions, gifts, grants paid | $10,000 | |||
| Excess of revenue over expenses and disbursements | $2,706 | |||
| Net investment income | $0 | |||
| Adjusted net income | $7,481 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $564,031 | $564,031 |
| Cash - non-interest-bearing | $26,516 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $500,000 | |
| Other | $37,515 | |
| Total liabilities | $2,312 | |
| Mortgages and other notes payable | $0 | |
| Other | $2,312 | |
| Total liabilities and net assets/fund balances | $561,719 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $563,259 |
| Net value of noncharitable-use assets | $554,820 |
| Minimum investment return | $27,741 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $7,481 | $13,841 | $0 | $0 | $21,322 |
| Qualifying distributions made directly for active conduct of exempt activities | $451,421 | $551,445 | $491,861 | $16,472,598 | $17,967,325 |
| Value of all assets | $1 | $563,536 | $608,384 | $586,914 | $1,758,834 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $528,304 | $574,977 | $539,501 | $1,642,782 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Society Of Actuaries | 475 N Martingale Rd Ste 600, Schaumburg, IL 60173-2265 | IL | 1952-11 | $61,491,888 |
| 2 | Society Of Correctional Physicians | 1145 W Diversey Pkwy, Chicago, IL 60614-1318 | IL | 2014-12 | $84,613 |
| 3 | Society Of Dobrudscha Germans S C Chicago Kickers | 100 Turner Ave, Elk Grove Vlg, IL 60007-3933 | IL | 1995-03 | $179,070 |
| 4 | Society Of Fire Protection Engineers, Chicago Chapter | 600 W Fulton St Ste 500, Chicago, IL 60661-1242 | IL | 1966-02 | $51,236 |
| 5 | Society Of Gastroenterology Nurses And Associates Inc | 330 N Wabash Ave Ste 2000, Chicago, IL 60611-7621 | IL | 1999-07 | $3,528,004 |
| 6 | Society Of International Gast Nurses And Endoscopy Association | PO BOX 1625, Des Plaines, IL 60017-1625 | IL | 2001-04 | $94,247 |
| 7 | Society Of Surgical Oncology Inc | 9525 W Bryn Maur Ave Ste 870, Rosemont, IL 60018 | IL | 1964-02 | $4,643,121 |
| 8 | Society Of Typographic Arts | 332 S Michigan Ave 1032, Chicago, IL 60604 | IL | 2003-03 | $35,235 |
| 9 | Society Of Urodynamics And Female Urology Research Foundation Inc | 1100 E Woodfield Rd Ste 350, Schaumburg, IL 60173-5121 | IL | 2007-09 | $274,400 |
| 10 | Soderstrom Family Charitable Tr, Soderstorm Carl W Jr Ttee | 4909 N Glen Park Place Rd, Peoria, IL 61614-4676 | IL | 1997-05 | $596,965 |
| 11 | Sola Scriptura | 407 S 3rd St Ste 230, Geneva, IL 60134-2759 | IL | 1995-07 | $458,504 |
| 12 | Soli Deo Gloria Inc | 800 Roosevelt Road Suite A-100, Glen Ellyn, IL 60137-5841 | IL | 1995-05 | $447,690 |
| 13 | Solid Granite Inc | P O Box 631, Granite City, IL 62040 | IL | 1999-08 | $0 |
| 14 | Solti Foundation | 2418 Iroquois Rd, Wilmette, IL 60091-1335 | IL | 2002-07 | $321,950 |
| 15 | Somonauk Summer Recreation | P O Box 513, Somonauk, IL 60552 | IL | 2010-01 | $44,784 |
| 16 | Sones De Mexico Ensemble | PO BOX 13261, Chicago, IL 60613-0261 | IL | 2004-07 | $187,199 |
| 17 | Sonlife Classic Nfp | 306 N Main St Fl 2, Bloomington, IL 61701-4008 | IL | 1988-04 | $626,694 |
| 18 | Sons & Daughters Of Italy In America | 904 S Roselle Rd, Schaumburg, IL 60193-3963 | IL | 2010-02 | $43,649 |
| 19 | Sons Of Italy In America, 9007 Grand Lodge Of Illinois Wiscon | 9447 W 144th Pl, Orland Park, IL 60462-2543 | IL | 1941-12 | $50,414 |
| 20 | Sontours | 19147 W Coral Rd, Marengo, IL 60152-9424 | IL | 1997-08 | $6,773 |
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