Megan Lally Memorial Fund Inc in Worcester, Massachusetts (MA)
Table of contents:
| Megan Lally Memorial Fund Inc | |
| Employer Identification Number (EIN) | 800806385 |
| Name of Organization | Megan Lally Memorial Fund Inc |
| In Care of Name | David Gray |
| Address | 110 Farrar Ave, Worcester, MA 01604-3261 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2012 |
| 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 | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $23,278 |
| Amount of Income | $34,715 |
| Form 990 Revenue Amount | $34,715 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $34,715 (it was $43,707 in 2012)
| This organization: | $34,715 |
| Other organizations performing similar types of work: | $64,124 |
Assets in 2013: $23,278 (it was $3,190 in 2012)
| This organization: | $23,278 |
| Other organizations performing similar types of work: | $30,784 |
Expenses in 2013: $14,627
| This organization: | $14,627 |
| Other organizations performing similar types of work: | $51,501 |
Income to expenses ratio in 2013: 2.4
| This organization: | 2.4 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 100.0%
| Megan Lally Memorial Fund Inc: | 100.0% |
| Other organizations performing similar types of work: | 92.3% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $43,707 | $34,715 |
| Contributions, gifts, grants, and similar amounts received | $43,707 | $34,715 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $40,517 | $14,627 |
| Total net assets | $3,190 | $23,278 |
| Excess/Deficit for the year | $3,190 | $20,088 |
| Net assets or fund balances at beginning of year | $0 | $3,190 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $3,190 | $23,278 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $3,190 | $23,278 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $3,190 | $23,278 |
| Other Information | ||
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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: (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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $78,422 |
| Subtotal | $78,422 |
| Gifts, grants, contributions, and membership fees received | $78,422 |
| 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 | $78,422 |
| Public support | $78,422 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | When Everyone Survives Foundation Inc | 1685 Sugarloaf Club Dr, Duluth, GA 30097-7460 | GA | 2006-01 | $573,495 |
| 2 | Alliance Of Pennsylvania Councils Inc | 3461 Market Street, Camp Hill, PA 17011-4412 | PA | 2010-07 | $5,833,517 |
| 3 | Pedal The Cause - San Diego | 512 Via De La Valle Ste 309, Solana Beach, CA 92075-2715 | CA | 2014-04 | $2,399,284 |
| 4 | Caring For Carcinoid Foundation Inc | 198 Tremont St Box 456, Boston, MA 02116-4705 | MA | 2005-03 | $2,271,318 |
| 5 | Texas 4000 For Cancer | 901 S Mopac Building 1 Suite 300, Austin, TX 78746-5785 | TX | 2004-05 | $892,498 |
| 6 | S D Ireland Cancer Research Fund Inc | PO BOX 2286, S Burlington, VT 05407-2286 | VT | 2001-11 | $743,456 |
| 7 | Lucys Love Bus Charitable Trust | PO BOX 464, Amesbury, MA 01913-0010 | MA | 2006-04 | $238,111 |
| 8 | Bolton Walkers, Just Cause | PO BOX 132, Bolton, MA 01740-0132 | MA | 2009-01 | $150,148 |
| 9 | Devin Laubi Foundation | 504 Main Rd, Westport, MA 02790 | MA | 2004-09 | $55,628 |
| 10 | New England Research Rountable, Funding A Cure | 200 Clarendon Street, Boston, MA 02116 | MA | 2009-07 | $53,034 |
| 11 | Friends Of St Nick Foundation Inc | PO BOX 814, Norwood, MA 02062-0814 | MA | 2002-01 | $52,576 |
| 12 | Kristin Amico Sesselman Foundation | 36 Hill St, Foxboro, MA 02035-1227 | MA | 2001-01 | $48,048 |
| 13 | Megan Lally Memorial Fund Inc | 110 Farrar Ave, Worcester, MA 01604-3261 | MA | 2012-07 | $34,715 |
| 14 | Robert J Farrell Jr Memorial Giving Fund | 63 Chelmsford Street, Chelmsford, MA 01824 | MA | 2012-06 | $20,174 |
| 15 | Bob Murphy Sr Memorial Golf Tournament | 25 E Belcher Rd, Foxboro, MA 02035-2600 | MA | 2005-01 | $19,231 |
| 16 | Stephs Wild Ride Inc | PO BOX 422, Easthampton, MA 01027-0422 | MA | 2009-11 | $14,594 |
| 17 | Cara Foundation For Cancer Comfort Inc | 100 Evergreen Ave, Braintree, MA 02184 | MA | 2005-04 | $325 |
| 18 | Friends Of Nancy S Kilar | Theresa Sabelli, Peabody, MA 01960 | MA | 1999-01 | $1 |
| 19 | Pirate Foundation | PO BOX 4116, Fall River, MA 02723-0400 | MA | 2000-05 | $0 |
| 20 | Richmond Benefit Fund | 1372 Hancock St Ste 401, Quincy, MA 02169-5107 | MA | 2009-03 | $0 |
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