Braintree Rotary Foundation Inc in Braintree, Massachusetts (MA)

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Braintree Rotary Foundation Inc
Employer Identification Number (EIN)043278320
Name of OrganizationBraintree Rotary Foundation Inc
AddressPO BOX 850082, Braintree, MA 02185-0082
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Community service organization
SubsectionCharitable Organization
Ruling Date01/1996
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 Period06/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$189,020
Amount of Income$81,476
Form 990 Revenue Amount$81,476
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community Service Clubs


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Amount of income in 2014: $81,476
This organization: 

 $81,476
Other organizations performing similar types of work: 

 $75,431

Assets in 2014: $189,020
Braintree Rotary Foundation Inc: 

 $189,020
Other organizations performing similar types of work: 

 $90,413

Expenses in 2014: $79,664
This organization: 

 $79,664
Other organizations performing similar types of work: 

 $51,767

Income to expenses ratio in 2014: 1.0
Braintree Rotary Foundation Inc: 

 1.0
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 70.3%
Braintree Rotary Foundation Inc: 

 70.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 13.4%

Financial snapshot ($)

Revenue for 2014

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$74,084$63,390$81,476
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$72,347$62,211$80,531
Membership dues and assessments$0$0$0
Investment income$1,036$877$945
Gain/Loss from sale of assets other than inventory$701$302$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$72,830$54,737$79,664
Total net assets$178,555$187,208$189,020
Excess/Deficit for the year$1,254$8,653$1,812
Net assets or fund balances at beginning of year$177,301$178,555$187,208
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$187,208$189,020
Balance Sheets
201220132014
Total assets$178,555$187,208$189,020
Total liabilities$0$0$0
Net assets or fund balances$178,555$187,208$189,020
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$411,340
Subtotal$411,340
Gifts, grants, contributions, and membership fees received$411,340
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
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$418,059
Public support$411,340
Subtotal$6,719
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$6,719
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
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120032004200520062007
Total revenue$34,098$36,553$38,997$52,459$62,358$35,523$109,147
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$29,861$32,884$34,326$49,386$60,117$31,600$101,634
Membership dues and assessments$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0
Dividends and interest from securities$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$7,513
Gain or (loss) from sales of assets other than inventory$8$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$0$0$2,113$0$0$0$0
Total expenses$26,177$32,779$33,948$48,995$47,934$39,025$65,501
Program services$0$0$0$0$0$0$46,078
Management and general$0$0$0$0$0$0$4,208
Fundraising$0$0$0$0$0$0$15,215
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$110,336$113,748$110,866$114,330$128,754$125,252$168,898
Excess or (deficit) for the year$7,921$3,774$5,049$3,464$14,424$-3,502$43,646
Net assets or fund balances at beginning of year$102,415$109,974$105,817$110,866$114,330$128,754$125,252
Other changes in net assets or fund balances$0$0$0$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$65,501$46,078$4,208$15,215
Grants paid from donor advised funds$0
Other grants and allocations$46,078
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$3,862$0$3,862$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$15,561$0$346$15,215
Balance Sheets
2000200120032004200520062007
Total assets$110,336$113,748$110,866$114,330$128,754$125,252$168,898
Cash - non-interest-bearing$0$0$0$0$0$0$0
Savings and temporary cash investments$0$0$0$0$0$0$57,127
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$111,771
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Other assets, including program-related investments$0$0$0$0$0$0$0
Total liabilities$0$0$0$0$0$0$0
Accounts payable and accrued expenses$0$0$0$0$0$0$0
Grants payable$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$0$0$0$0$0$0$168,898
Total net assets or fund balances$110,336$113,748$110,866$114,330$128,754$125,252$168,898
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120032004200520062007
Total revenue$0$0$0$0$0$0$109,147
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$109,147
Other expenses$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120032004200520062007
Total expenses$0$0$0$0$0$0$65,501
Total expenses and losses per audited financial statements$0$0$0$0$0$0$65,501
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings3
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$109,147
Program service revenue
Program service revenue 1000000$000$0$101,634
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$7,513
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
1999200020022003200420052006
Total$0$40,222$21,224$36,884$52,459$62,358$35,523
Gifts, grants, and contributions received$0$36,553$26,797$34,326$49,386$60,117$31,600
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$3,669$3,371$2,558$3,073$2,241$3,923
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$-8,944$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Independent Order Of Odd Fellows, 217 Kearsarge LodgePO BOX 704, Marblehead, MA 01945-0704MA1962-05$745,555
2Massachusetts State Grange Patrons Of Husbandry Inc, Boxborough Grange #131688 Hill Road, Boxborough, MA 01719-1006MA1940-10$493,666
3Benevolent & Protective Order Of Elks Of The Usa, 487 North Adams100 Eagle St, North Adams, MA 01247-2615MA1951-10$326,775
4Grand Chapter Of Ma Order Of The Eastern Star, Stars Of Charity54 Elm Street, Hingham, MA 02043MA1940-10$238,695
5Rotary International, FairhopePO BOX 741, Fairhope, AL 36533-0741AL1966-09$124,136
6Rotary International, West SpringfieldPO BOX 66, W Springfield, MA 01090-0066MA1958-05$122,282
7Rotary International, Tri-Town Rotary Club IncPO BOX 125, Hanover, MA 02339-0125MA1942-09$84,155
8Braintree Rotary Foundation IncPO BOX 850082, Braintree, MA 02185-0082MA1996-01$81,476
9Rotary International, Wachusett Area West Boylston HoldenPO BOX 635, Holden, MA 01520-0635MA1968-09$77,745
10International Association Of Lions Clubs, 65772 31 G District6704 Perkins Dr, Raleigh, NC 27612-6914NC1940-12$57,802
11Lawrence Rotary ClubLawrence, MA 01842MA$53,656
12Saugus Rotary ClubPO BOX 1169, Saugus, MA 01906MA1952-12$51,727
13Rotary International, Hampton Rotary ClubPO BOX 361, Hampton, SC 29924-0361SC1966-09$40,177
14Rotary International, Swampscott ClubPO BOX 36, Swampscott, MA 01907-0036MA1958-05$36,559
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17Pilot Club International, Sunflower Pilot Club (Chapter)5404 Turkey Foot Lane, Manhattan, KS 66503KS1944-05$20,564
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Number of organizations performing similar types of work
Alaska5
Alabama5
Arkansas2
Arizona3
California29
Colorado7
Connecticut7
District of Columbia3
Florida11
Georgia11
Hawaii1
Iowa2
Illinois10
Indiana2
Kansas1
Kentucky1
Louisiana3
Massachusetts12
Maryland7
Maine3
Michigan13
Minnesota7
Missouri11
Mississippi5
Montana2
North Carolina3
Nebraska2
New Hampshire4
New Jersey10
New Mexico2
Nevada2
New York12
Ohio8
Oklahoma2
Oregon4
Pennsylvania8
Rhode Island1
South Carolina4
South Dakota1
Tennessee4
Texas13
Utah1
Virginia7
Vermont2
Washington10
Wisconsin7
West Virginia4
Total274

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