Chuck Olmstead Memorial Education Fund Inc Non-Profit in Louisville, Kentucky (KY)

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Chuck Olmstead Memorial Education Fund Inc Non-Profit
Employer Identification Number (EIN)800475249
Name of OrganizationChuck Olmstead Memorial Education Fund Inc Non-Profit
In Care of NameCANDY OLMSTEAD
Address600 Riverwood Dr, Louisville, KY 40207
SubsectionEducational Organization, Charitable Organization
Ruling Date10/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$10,000 to $24,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$11,105
Amount of Income$1,254
Form 990 Revenue Amount$1,254
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $1,254 (it was $1,189 in 2012)
Chuck Olmstead Memorial Education Fund Inc Non-Profit: 

 $1,254
Other organizations performing similar types of work: 

 $41,680

Assets in 2011: $11,105 (it was $9,851 in 2012)
Chuck Olmstead Memorial Education Fund Inc Non-Profit: 

 $11,105
Other organizations performing similar types of work: 

 $65,579

Expenses in 2012: $116
Chuck Olmstead Memorial Education Fund Inc Non-Profit: 

 $116
Other organizations performing similar types of work: 

 $24,470

Income to expenses ratio in 2012: 10.8
Chuck Olmstead Memorial Education Fund Inc Non-Profit: 

 10.8
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 9.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$1,189
Contributions, gifts, grants, and similar amounts received$1,189
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$116
Total net assets$9,851
Excess for the year$1,073
Net assets or fund balances at beginning of year$8,778
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$9,851
Total liabilities$0
Net assets or fund balances$9,851
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$9,851
Gifts, grants, contributions, and membership fees received$9,851
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$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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Us-Central Asia Education Foundation124 U St Nw, Washington, DC 20001-1606DC2007-10$4,838,252
2Subsea Tieback Scholarship Fund5418 Woodbury St, Fulshear, TX 77441-4139TX2007-10$101,112
3Tom Mcmahon Construction Scholarship Fund4441 S Abilene Cir, Aurora, CO 80015-1047CO2006-11$18,033
4United Charity6301 Glen Hill Rd, Louisville, KY 40222-6026KY2011-01$3,834,921
5Robert And Mary Tincher Charitable Foundation Inc1814 Ashwood Ct, Bowling Green, KY 42103-0919KY2013-04$3,459,141
6Trilogy Scholarship Foundation Inc303 N Hurstbourne Pkwy Ste 200, Louisville, KY 40222-5158KY2009-05$898,082
7School Choice Scholarships Inc10002 Shelbyville Rd Ste 102, Louisville, KY 40223-2979KY1998-08$783,688
8Cory Foundation Inc4020 Sweeney Ln, Louisville, KY 40299-4402KY2014-07$671,431
9Hopkinsville Rotary Charitable Trust IncP O Box 199, Hopkinsville, KY 42241KY2012-05$485,710
10Kentucky Health Care Foundation Inc9403 Mill Brook Road, Louisville, KY 40223KY1998-12$235,469
11Girls On The Run Lexington CorpPO BOX 23328, Lexington, KY 40523KY2009-01$193,418
12Jackson Independent School Foundation Inc726 Hwy 15 North, Jackson, KY 41339KY2006-01$192,425
13Remke Charitable Foundation Inc1299 Cox Ave, Erlanger, KY 41018-1003KY2009-09$180,049
14Screaming Eagle Foundation32 Screaming Eagle Blvd, Fort Campbell, KY 42223-5335KY2012-06$167,993
15Wymt-Tv Mountain Basketball ClassicPO BOX 1299, Hazard, KY 41702-1299KY2000-01$147,455
16United States Achievement Academy Scholarship Foundation Inc2528 Palumbo Dr, Lexington, KY 40509-1203KY2004-02$147,449
17James And Joe Lamkin Scholarship Fund, James T Lamkin Ttee4259 Us Highway 51 N, Clinton, KY 42031-8625KY2013-02$133,634
18Taylor County Fair Association IncPO BOX 269, Campbellsvlle, KY 42719-0269KY2012-11$117,768
19Society For Foodservice Management Foundation328 E Main St, Louisville, KY 40202-1216KY2007-02$101,369
20Oldham County Community Scholarships Inc3109 School House Rd, Goshen, KY 40026-7720KY2014-08$90,639
Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,083
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,481

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