Fly Foundation in Fall River, Massachusetts (MA)
Table of contents:
Fly Foundation | |
Employer Identification Number (EIN) | 274210837 |
Name of Organization | Fly Foundation |
In Care of Name | Peter A Saulino |
Address | 550 Locust St, Fall River, MA 02720-5016 |
Subsection | Charitable Organization |
Ruling Date | 06/2011 |
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 | 12/2014 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $120,676 |
Amount of Income | $115,815 |
Form 990 Revenue Amount | $95,835 |
National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $115,815 (it was $78,060 in 2013)
Fly Foundation: | $115,815 |
Other organizations performing similar types of work: | $100,423 |
Assets in 2014: $120,676 (it was $105,224 in 2013)
This organization: | $120,676 |
Other organizations performing similar types of work: | $79,295 |
Expenses in 2013: $53,989
Fly Foundation: | $53,989 |
Other organizations performing similar types of work: | $57,717 |
Income to expenses ratio in 2013: 2.1
Fly Foundation: | 2.1 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 56.4%
Fly Foundation: | 56.4% |
Other organizations performing similar types of work: | 19.8% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $53,829 | $62,696 | $78,060 |
Contributions, gifts, grants, and similar amounts received | $32,054 | $23,803 | $44,043 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $21,775 | $38,893 | $34,017 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $38,868 | $58,560 | $53,729 |
Less: direct expenses from gaming and fundraising events | $17,093 | $19,667 | $19,712 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $17,741 | $29,123 | $53,989 |
Total net assets | $36,088 | $69,662 | $105,224 |
Excess/Deficit for the year | $36,088 | $33,573 | $24,071 |
Net assets or fund balances at beginning of year | $0 | $36,089 | $69,661 |
Other changes in net assets or fund balances | $0 | $0 | $11,492 |
Net assets or fund balances at end of year | $69,662 | $105,224 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $36,088 | $69,662 | $105,224 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $36,088 | $69,662 | $105,224 |
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $99,900 |
Subtotal Support | $99,900 |
Gifts, grants, contributions, and membership fees received | $99,900 |
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 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $99,900 |
Public Support | $99,900 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $0 |
Gross receipts from related activities, etc. | $53,729 |
Write your review! |
|
Recently Added Reviews |
Havens Healing Hands Foundation in Fall River, MA
|
The Red Sox Foundation Inc in Boston, MA
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
Iglesia Camino Al Calvario in Lynn, MA |
Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
Fc Blazers in Needham Hgts, MA
|
Twilight Throwers in Chelmsford, MA
|
Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Tufts Health Plan Foundation Inc | 705 Mount Auburn St, Watertown, MA 02472-1508 | MA | 2008-03 | $16,285,586 |
2 | Worcester Foundation For Biomedical Research Affiliated With The | 333 South St-Ste 290, Shrewsbury, MA 01545-7807 | MA | 1999-05 | $812,200 |
3 | Julie Fund Inc | C/O Peter Mcavinn 49 Fiske Road, Wellesley, MA 02481 | MA | 2011-10 | $277,958 |
4 | Fly Foundation | 550 Locust St, Fall River, MA 02720-5016 | MA | 2011-06 | $115,815 |
5 | Pink Angels Inc, The Pink Angels | 26 Nells Pond Rd, Lynn, MA 01904 | MA | 2011-06 | $69,206 |
6 | Patient Care Fund Of Mashpee | PO BOX 1222, Mashpee, MA 02649-1222 | MA | 2012-01 | $25,954 |
7 | Provincetown Cares Inc | 77 Chandler Street, Boston, MA 02116 | MA | 2010-01 | $21,701 |
8 | Bugs Bikes | 5 Maxwells Grn Apt 101, Somerville, MA 02144-2685 | MA | 2014-08 | $15,146 |
9 | Rotary Community Corps Of Adults Day Health Programs Inc | C/O Barry Clayman 90 Beacon St, South Yarmouth, MA 02664 | MA | 2002-04 | $10,817 |
10 | Sydney Meaghan Memorial Foundation Corporation | 119 Butterworth Extension, Holland, MA 01521 | MA | 2014-09 | $9,520 |
11 | Addison Gilbert Hospital Citizens Fund Inc | P O Box 1495, Gloucester, MA 01930 | MA | 2011-01 | $0 |
12 | Aleppo Cycles Association | 136 Gibbs Street, Newton Centre, MA 02459 | MA | 2001-03 | $0 |
13 | Assist Medical Research Foundation Inc | 50 Rowes Wharf, Boston, MA 02110-3339 | MA | 2014-01 | $0 |
14 | Cape Cod Healthcare Inc, Cape Cod Healthcare Foundation | 25 Communication Way, Hyannis, MA 02601-8137 | MA | 1985-12 | $0 |
15 | Genetics Research Trust Inc | 21 Phillips Dr, Newburyport, MA 01950-6235 | MA | 2007-08 | $0 |
16 | International Macrobiotic Endowment Fund | 274 High Street, Becket, MA 01223 | MA | 2009-07 | $0 |
17 | Kailas Way Inc | 1731 Beacon St Apt 704, Brookline, MA 02445 | MA | 2014-07 | $0 |
18 | Kkaties Golf Tournament Inc | 38 Main Street Ext, Plymouth, MA 02360-3300 | MA | 2014-10 | $0 |
19 | Lets March Against Cancer | 15 Union Street, Lawrence, MA 01840 | MA | 2009-11 | $0 |
20 | Michael E Madden Nonprofit | 90 Old Enfield Rd, Belchertown, MA 01007-9684 | MA | 2015-01 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 1,111 |
Organization representatives - add corrected or new information about Fly Foundation »
Non-representatives - add comments about Fly Foundation»