King Spruce Company in Boston, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| King Spruce Company | |
| Employer Identification Number (EIN) | 016009168 |
| Name of Organization | King Spruce Company |
| In Care of Name | Edward H Keith |
| Address | 50 Congress St Ste 410, Boston, MA 02109-4060 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 08/1956 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,157,893 |
| Amount of Income | $416,984 |
| Form 990 Revenue Amount | $218,678 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $211,208 | $211,208 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $193,265 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $17,939 | |||
| Total expenses and disbursements | $277,665 | $42,771 | $0 | $233,300 |
| Compensation of officers, directors, trustees, etc. | $16,000 | |||
| Total operating and administrative expenses | $44,365 | $42,771 | $0 | |
| Contributions, gifts, grants paid | $233,300 | |||
| Excess of revenue over expenses and disbursements | $-66,457 | |||
| Net investment income | $168,437 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,244,691 | $5,375,034 |
| Cash - non-interest-bearing | $-5 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,117,623 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,103,045 | |
| Other | $24,028 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,244,691 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $17,939 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $3,369 |
| Total credits and payments | $4,686 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,686 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $3,000 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $2 |
| Tax due | $0 |
| Overpayment | $1,315 |
| Amount to be credited to 2013 estimated tax | $1,315 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $5,312,693 |
| Net value of noncharitable-use assets | $5,233,000 |
| Minimum investment return | $261,650 |
| Distributable Amount (for 2012) | |
| Distributable amount | $258,281 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $258,281 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $257,592 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
|
|
Chefs Table Foundation in Boston, MA
|
|
Chester Square Neighborhood Association Inc in Boston, MA
|
|
Landry Family Charitable Foundation 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
|
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kilimanjaro Blind Trust Inc | 175 N Beacon St, Watertown, MA 02472-2751 | MA | 2009-02 | $117,331 |
| 2 | Killian Family Foundation | 1 P O Square, Boston, MA 02109-2106 | MA | 2007-06 | $1,190,294 |
| 3 | Kimberly Lynn Cochrane Charitable Foundation | 160 Forest Hill Ave, Lynnfield, MA 01940-1778 | MA | 2003-03 | $50 |
| 4 | Kimbia Foundation Inc | 34 Walden St Unit 176, Concord, MA 01742-2540 | MA | 2006-12 | $2,510 |
| 5 | King Family Foundation | C/O North American Mgt 10 Post, Boston, MA 02109 | MA | 1984-06 | $347,411 |
| 6 | King Georges Medical College Alumni In America | 284 Tanglewood Drive, Longmeadow, MA 01106 | MA | 2000-07 | $0 |
| 7 | King Philip Community House Inc | 334 Tuttle St, Fall River, MA 02724-2431 | MA | 1956-05 | $181,392 |
| 8 | King Philip Hs Gridiron Club Inc | PO BOX 540, Wrentham, MA 02093-0540 | MA | 2006-09 | $128,184 |
| 9 | King Philip Music Association Inc | PO BOX 508, Wrentham, MA 02093-0508 | MA | 1997-05 | $159,459 |
| 10 | King Philip Regional Youth Hockey Inc | PO BOX 762, Walpole, MA 02081-0762 | MA | 1975-09 | $607,572 |
| 11 | King Spruce Company | 50 Congress St Ste 410, Boston, MA 02109-4060 | MA | 1956-08 | $416,984 |
| 12 | Kingdom Missions Inc | 148 Cabral Cir, Stoughton, MA 02072-3553 | MA | 1998-04 | $1,621 |
| 13 | Kings Bridge Equine Rescue Inc | 7 Kings Bridge Rd, Brimfield, MA 01010-2191 | MA | 1996-07 | $1 |
| 14 | Kings Caravan Corporation | 8 Shanandoah Hill Dr, West Boylston, MA 01583-2331 | MA | 2004-06 | $2,450 |
| 15 | Kings Daughters & Sons Home For The Aged In Norfolk County Mass | 289 East St, Wrentham, MA 02093-1338 | MA | 1935-04 | $5,797,124 |
| 16 | Kings Lynne Residents Council Inc | 30a Kingswood Cir, Lynn, MA 01905-3101 | MA | 2007-10 | $84,176 |
| 17 | Kings Mental Ministries International Inc | 272 Crescent St, Waltham, MA 02453-3417 | MA | 2007-01 | $101 |
| 18 | Kings Way Golf Club Inc | 64 Kings Circuit, Yarmouthport, MA 02675-1483 | MA | 2002-11 | $75,714 |
| 19 | Kings Wood Montessori School | 12 Gilmore St, Foxboro, MA 02035-1819 | MA | 1969-01 | $361,229 |
| 20 | Kingsbury Road Charitable Fndn Udt, Hunt Roger B & Edward W Weld Ttee | PO BOX 140, Mansfield, MA 02048-0140 | MA | 1997-07 | $1,244,182 |
Organization representatives - add corrected or new information about King Spruce Company »
Non-representatives - add comments about King Spruce Company»