Project Safety Net Economic Development Corporation in Indianapolis, Indiana (IN)
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 Indiana
| Project Safety Net Economic Development Corporation | |
| Employer Identification Number (EIN) | 352079348 |
| Name of Organization | Project Safety Net Economic Development Corporation |
| In Care of Name | Loretta E Farr |
| Address | 2203 Columbia Ave, Indianapolis, IN 46205-4521 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $67,076 |
| Amount of Income | $4,200 |
| Form 990 Revenue Amount | $4,830 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $4,200 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $4,200 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $8,276 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $8,276 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-4,076 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $67,076 | $76,635 |
| Cash - non-interest-bearing | $10,064 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $57,012 | |
| Total liabilities | $100,826 | |
| Mortgages and other notes payable | $0 | |
| Other | $100,826 | |
| Total liabilities and net assets/fund balances | $-33,750 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| 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 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| 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 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| 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 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | 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 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $524 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 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 Indiana | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Kibble Kitchen Pet Pantry Inc | P O Box 1013, Portage, IN 46368 | IN | 2012-01 | $8,184 |
| 2 | Kick For The Cure Inc | 13355 Hockley Dr, Fishers, IN 46037 | IN | 2008-08 | $7,795 |
| 3 | Lake Heritage Parks Foundation Inc | PO BOX 753, Crown Point, IN 46308-0753 | IN | 2012-06 | $144,684 |
| 4 | Lending A Hand Ltd | 12207 Illinois Rd, Fort Wayne, IN 46814-9103 | IN | 2012-07 | $230,976 |
| 5 | Lil Critter Kids Inc, Lil Critter Kids | 520 W Emerson St, Princeton, IN 47670-1328 | IN | 2010-06 | $1,438 |
| 6 | Mary L Furscott Charitable Foundation | 1 Indiana Sq Ste 3500, Indianapolis, IN 46204-2023 | IN | 2012-08 | $3,532,686 |
| 7 | Nutritional Starletts Inc | 330 Bernard Ave, Indianapolis, IN 46208-3825 | IN | 2012-08 | $639,332 |
| 8 | Opt2work Inc | 360 S Madison Avenue Suite 200, Greenwood, IN 46142 | IN | 2012-09 | $25,720 |
| 9 | Patricksburg Food Pantry | 850 N Byerly Rd, Coal City, IN 47427-7839 | IN | 2010-08 | $3,351 |
| 10 | Priscillas Lost And Found Inc | 6208 Arrowhead Drive, Anderson, IN 46013-3780 | IN | 2012-02 | $4,785 |
| 11 | Project Safety Net Economic Development Corporation | 2203 Columbia Ave, Indianapolis, IN 46205-4521 | IN | 2012-07 | $4,200 |
| 12 | Ripley County Basketball Hall Of Fame | 1510 N Hasmer Hill Rd, Osgood, IN 47037 | IN | 2002-12 | $1,906 |
| 13 | Robert M Palmer Md Institute Of Biomechanics Inc | 1601 Main St, Elwood, IN 46036-2025 | IN | 2012-08 | $96,995 |
| 14 | Roberts Family Foundation Inc | 90 E Cedar St, Zionsville, IN 46077-1501 | IN | 2012-02 | $93,116 |
| 15 | Roeder Family Foundation Inc | 8311 N Perimeter Rd, Indianapolis, IN 46241-3628 | IN | 2013-01 | $1 |
| 16 | Round The Fountain Art Fair Inc | Po Box 1134, Lafayette, IN 47902-1134 | IN | 2012-05 | $128 |
| 17 | Shepherds Pathway Inc | 1765 Ginseng Trl, Avon, IN 46123-8459 | IN | 2013-01 | $12,526 |
| 18 | Son Ministries Inc | 440 W St Ne, Linton, IN 47441 | IN | 2012-02 | $101,867 |
| 19 | Southern Indiana Youth Symphony Inc, Musical Arts Youth Organization | 804 College Ave Suite 102, Bloomington, IN 47404 | IN | 2001-07 | $26,002 |
| 20 | Spencer County Community Band Inc | 3637 W Cr 300 S, Rockport, IN 47635 | IN | 2005-07 | $500 |
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