The Harlem Scholarship Foundation in Machesney Pk, Illinois (IL)
Table of contents:
| The Harlem Scholarship Foundation | |
| Employer Identification Number (EIN) | 363696606 |
| Name of Organization | The Harlem Scholarship Foundation |
| Address | 1 Huskie Cir, Machesney Pk, IL 61115-1998 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 04/1994 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $330,762 |
| Amount of Income | $54,355 |
| Form 990 Revenue Amount | $54,265 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $61,584 | $24,026 | $54,265 |
| Contributions, gifts, grants, and similar amounts received | $54,217 | $15,781 | $33,253 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $6,219 | $7,593 | $8,509 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,148 | $652 | $12,503 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $1,148 | $652 | $12,593 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $90 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $30,821 | $31,750 | $38,376 |
| Total net assets | $322,597 | $314,873 | $330,762 |
| Excess/Deficit for the year | $30,763 | $-7,724 | $15,889 |
| Net assets or fund balances at beginning of year | $291,834 | $322,597 | $314,873 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $314,873 | $330,762 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $322,597 | $314,873 | $330,762 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $322,597 | $314,873 | $330,762 |
| 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 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $94,432 |
| Subtotal | $94,432 |
| Gifts, grants, contributions, and membership fees received | $76,637 |
| 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 | $17,795 |
| 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 | $126,253 |
| Public support | $94,432 |
| Subtotal | $31,821 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $31,821 |
| 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 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Friends Of Nathan Foundation | 1061 Warwick Cir N, Hoffman Est, IL 60169-2327 | IL | 2007-11 | $116,098 |
| 2 | The Fund For The Future Charitable Foundation | 1548 Meadowlark Ln, Rockford, IL 61108-6713 | IL | 1996-06 | $825 |
| 3 | The Fund For The Training Of Apprentices And Journeymen, Apprentice & Journeymen Plumbers | PO BOX 725, Savoy, IL 61874-0725 | IL | 2004-12 | $404,819 |
| 4 | Garden Guild Of Winnetka | 757 Locust St, Winnetka, IL 60093-1821 | IL | 1978-11 | $103,588 |
| 5 | The Gathering Point | 649 E 89th Pl, Chicago, IL 60619-6833 | IL | 1999-06 | $1 |
| 6 | The Generations Fund | 1751 Lake Cook Rd Ste 400, Deerfield, IL 60015-5286 | IL | 2003-11 | $452,058 |
| 7 | The Gift Foundation | PO BOX 68634, Schaumburg, IL 60168-0634 | IL | 1998-06 | $302,831 |
| 8 | The Gift Theatre Company | 5119 N Meade Ave, Chicago, IL 60630-1826 | IL | 2002-07 | $192,582 |
| 9 | The Governor Duncan Association | PO BOX 315, Jacksonville, IL 62651 | IL | 2001-02 | $0 |
| 10 | Centerstone Of Illinois Inc | 902 W Main St, W Frankfort, IL 62896-2210 | IL | 1970-06 | $22,373,352 |
| 11 | The Harlem Scholarship Foundation | 1 Huskie Cir, Machesney Pk, IL 61115-1998 | IL | 1994-04 | $54,355 |
| 12 | The Harms Charitable Fnd | 11 Dayton Ct, Morton, IL 61550-2773 | IL | 2007-02 | $354 |
| 13 | The Harry L Crisp Ii And Rosemary Berkel Crisp Foundation | PO BOX 1070, Marion, IL 62959-7570 | IL | 1996-03 | $388,043 |
| 14 | The Henry Foundation Inc | 102 N Westgate Ave Ste A, Jacksonville, IL 62650-2295 | IL | 1987-08 | $1,887,023 |
| 15 | The Hermitage Foundation | One S Dearborn, Chicago, IL 60603-2302 | IL | 1996-06 | $871,878 |
| 16 | The Hobbs Foundation | 102 North Westgate Avenue, Jacksonville, IL 62650-2294 | IL | 1987-07 | $513,258 |
| 17 | The Home For Bible Translators In Jerusalem Inc | 1450 Webster Ln, Des Plaines, IL 60018-1422 | IL | 2004-11 | $333,104 |
| 18 | The Hopkins Family Charitable Trust, Hopkins William A Ttee | 131 W Adelaide St Unit 510, Elmhurst, IL 60126-6208 | IL | 1993-10 | $0 |
| 19 | The Horwich Family Foundation | 1000 Skokie Blvd, Wilmette, IL 60091-1161 | IL | 1978-06 | $469,182 |
| 20 | The Human Development Foundation Of North America | 1350 Remington Rd Ste W, Schaumburg, IL 60173-4822 | IL | 1998-06 | $2,694,355 |
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