Friends Of The Framingham Heart Study Inc in Framingham, Massachusetts (MA)
| Friends Of The Framingham Heart Study Inc |
| Employer Identification Number (EIN) | 043137284 |
| Name of Organization | Friends Of The Framingham Heart Study Inc |
| In Care of Name | Dana L Mason |
| Address | 73 Mount Wayte Ave, Framingham, MA 01702-5803 |
| Activities | Scientific research (diseases), Other medical research |
| Subsection | Charitable Organization |
| Ruling Date | 06/1992 |
| 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 | 04/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $262,697 |
| Amount of Income | $70,577 |
| Form 990 Revenue Amount | $23,413 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Heart, Circulatory Research |
Amount of income in 2014: $70,577 (it was $93,196 in 2013)
| This organization: | $70,577 |
| Other organizations performing similar types of work: | $70,577 |
Assets in 2014: $262,697 (it was $234,206 in 2013)
| This organization: | $262,697 |
| Other organizations performing similar types of work: | $262,697 |
Expenses in 2014: $8,876
| This organization: | $8,876 |
| Other organizations performing similar types of work: | $8,876 |
Income to expenses ratio in 2014: 8.0
| Friends Of The Framingham Heart Study Inc: | 8.0 |
| Other organizations performing similar types of work: | 8.0 |
Grants share in income in 2014: 9.8%
| This organization: | 9.8% |
| Other organizations performing similar types of work: | 9.8% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances |
| 2012 | 2013 | 2014 |
|---|
| Total revenue | $13,020 | $22,079 | $23,413 |
| Contributions, gifts, grants, and similar amounts received | $4,768 | $6,808 | $2,286 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $9,472 | $7,768 | $8,105 |
| Gain/Loss from sale of assets other than inventory | $-1,220 | $7,503 | $13,022 |
| Gross amount from sale of assets other than inventory | $76,470 | $78,620 | $60,186 |
| Less: cost or other basis and sales expenses | $77,690 | $71,117 | $47,164 |
| 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 | $10,487 | $25,485 | $8,876 |
| Total net assets | $232,378 | $234,206 | $262,697 |
| Excess/Deficit for the year | $2,533 | $-3,406 | $14,537 |
| Net assets or fund balances at beginning of year | $235,530 | $232,378 | $234,206 |
| Other changes in net assets or fund balances | $-5,685 | $5,234 | $13,954 |
| Net assets or fund balances at end of year | | $234,206 | $262,697 |
| Balance Sheets |
| 2012 | 2013 | 2014 |
|---|
| Total assets | $232,378 | $234,206 | $262,697 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $232,378 | $234,206 | $262,697 |
| Reason for Public Charity Status (for 2014) |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $5,111 |
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| Organizations performing similar types of work |
| Id | Name | Address | State | Established | Total Income |
|---|
| 1 | Friends Of The Framingham Heart Study Inc | 73 Mount Wayte Ave, Framingham, MA 01702-5803 | MA | 1992-06 | $70,577 |
| 2 | Spokane Heart Research Foundation | 901 N Monroe Suite 250, Spokane, WA 99201 | WA | 1983-11 | $0 |
| Number of organizations performing similar types of work |
| |
| Total | 2 |
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