The Gorbachev Foundation Of North America Inc in Peabody, Massachusetts (MA)

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The Gorbachev Foundation Of North America Inc
Employer Identification Number (EIN)043380501
Name of OrganizationThe Gorbachev Foundation Of North America Inc
In Care of NameGeorge Matthews
Address3 Centennial Drive, Peabody, MA 01960
Websitehttp://www.gfna.net
ActivitiesDescribed in section 509(a)(2) of the Code, U.S. foreign policy
SubsectionEducational Organization
Ruling Date10/1997
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$14,420
Amount of Income$15
Form 990 Revenue Amount$15
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: Research Institutes and/or Public Policy Analysis


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Amount of income in 2014: $15 (it was $0 in 2012)
This organization: 

 $15
Other organizations performing similar types of work: 

 $155,090

Assets in 2014: $14,420 (it was $0 in 2012)
This organization: 

 $14,420
Other organizations performing similar types of work: 

 $50,365

Expenses in 2011: $6,627
This organization: 

 $6,627
Other organizations performing similar types of work: 

 $181,226

Income to expenses ratio in 2011: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 96.4%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$15
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$15
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$6,627
Total net assets$14,420
Deficit for the year$-6,612
Net assets or fund balances at beginning of year$21,032
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$14,420
Total liabilities$0
Net assets or fund balances$14,420
Other Information (for 2011)
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 2011)
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 2011)
2007 - 2011 Total
Total support$13,883
Gifts, grants, contributions, and membership fees received$7,000
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$5,885
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$998
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9Hamilton Foundation IncPo Box 3002, Los Angeles, CA 90078CA2009-09$400,049
10The Caux Round Table Inc6 West 5th Street, Saint Paul, MN 55102-1488MN1995-08$388,337
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17The Gorbachev Foundation Of North America Inc3 Centennial Drive, Peabody, MA 01960MA1997-10$15
18African Policy Institute Inc6 Beacon St, Boston, MA 02108-3808MA2006-07$0
19Global Partnerships For Health And Education Inc186 County Street, Rehoboth, MA 02769MA2007-03$0
20Iraqi American Institute Inc30 Newbury St 3rd Floor, Boston, MA 02116MA2013-12$0
Number of organizations performing similar types of work
Arizona2
California16
Colorado1
Connecticut1
District of Columbia22
Delaware1
Florida3
Illinois3
Kentucky1
Massachusetts5
Maryland6
Maine1
Michigan2
Minnesota4
North Carolina2
New Jersey3
New York17
Ohio4
Oregon1
Pennsylvania3
Tennessee1
Texas4
Virginia6
Washington3
Wisconsin1
International2
Total115

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