Morgan-Worcester Inc in Worcester, 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
| Morgan-Worcester Inc | |
| Employer Identification Number (EIN) | 046111693 |
| Name of Organization | Morgan-Worcester Inc |
| Address | PO BOX 20193, Worcester, MA 01602-0193 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 02/1955 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $543,787 |
| Amount of Income | $127,432 |
| Form 990 Revenue Amount | $54,794 |
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 | $267,447 | $40,895 | $0 | |
| Contributions, gifts, grants, etc., received | $214,916 | |||
| Interest on savings and temporary cash investments | $1,175 | |||
| Dividends and interest from securities | $39,720 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $11,636 | |||
| Total expenses and disbursements | $861,129 | $15,647 | $0 | $845,230 |
| Compensation of officers, directors, trustees, etc. | $35,000 | |||
| Total operating and administrative expenses | $35,899 | $15,647 | $20,000 | |
| Contributions, gifts, grants paid | $825,230 | |||
| Excess of revenue over expenses and disbursements | $-593,682 | |||
| Net investment income | $25,248 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,445,372 | $1,772,184 |
| Cash - non-interest-bearing | $2,360 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,042,696 | |
| Other | $400,316 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $1,445,372 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $252 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $252 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| 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? | Yes |
| 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 | $2,006,262 |
| Net value of noncharitable-use assets | $1,976,160 |
| Minimum investment return | $98,808 |
| Distributable Amount (for 2012) | |
| Distributable amount | $98,556 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $98,556 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| 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 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Montserrat College Of Art Inc | 23 Essex St, Beverly, MA 01915-4508 | MA | 1993-08 | $15,025,686 |
| 2 | Monument Beach Sportsmans Club Inc | PO BOX 331, Monument Bch, MA 02553-0331 | MA | 1967-06 | $248,792 |
| 3 | Monument Mountain School Center Inc | 600 Stockbridge Rd, Gt Barrington, MA 01230-1270 | MA | 1983-10 | $62,138 |
| 4 | Moon Balloon Project Inc Building Healing Bridges For Children | 23 Cedar Street, Hingham, MA 02043 | MA | 2005-07 | $42,959 |
| 5 | Mooney-Daly Charitable Foundation | PO BOX 51400, Boston, MA 02205-1400 | MA | 1994-04 | $503,479 |
| 6 | Mooney-Reed Charitable Foundation Tr, Mooney Lisa & James F Iii Ttee | 171 Edmunds Rd, Wellesley, MA 02481-1331 | MA | 2001-08 | $43,116,789 |
| 7 | Moore North America Supplemental Unemployment Tr, Bove Matthew Ttee | 175 MANSFIELD RD PO BOX 394, Norton, MA 02766 | MA | 2000-05 | $12,445,263 |
| 8 | More Than Money Inc | PO BOX 1742, Concord, MA 01742-6742 | MA | 1991-07 | $581,137 |
| 9 | More Than Words Inc | 376 Moody St, Waltham, MA 02453-5204 | MA | 1983-10 | $2,469,453 |
| 10 | Moreland Affordable Housing Corporation | 2 Brookview Street, Dorchester, MA 02124-2740 | MA | 1994-12 | $172,050 |
| 11 | Morgan-Worcester Inc | PO BOX 20193, Worcester, MA 01602-0193 | MA | 1955-02 | $127,432 |
| 12 | Moriarty Fam Charitable Foundation Tr, Moriarty Roland T Jr Ttee | 19 Dartmouth St, West Newton, MA 02465-2601 | MA | 1997-11 | $931,487 |
| 13 | Morning Glory Charitable Tr, Lawrence B Cohen Et Al Ttee | PO BOX 990129, Boston, MA 02199-0129 | MA | 2007-03 | $17,109 |
| 14 | Morningstar Family Foundation | Nixon Peabody Llp 100 Summer Street, Boston, MA 02110 | MA | 1994-07 | $474,491 |
| 15 | Morris & Lillian P Gould Family Foundation | 5 Munroe St, Northampton, MA 01060-4231 | MA | 1966-08 | $4,949 |
| 16 | Morris Fam Charitable Foundation Tr, Morris Barry & Emer Ttee | 30 Mount Pleasant St, Winchester, MA 01890-3043 | MA | 2001-11 | $1 |
| 17 | Morris Ginsberg Family Foundation Inc | 69 Baxter Rd, Brookline, MA 02445-5707 | MA | 1992-04 | $687,451 |
| 18 | Morris Professional Child Care Services Inc | PO BOX 90015, Springfield, MA 01139-0015 | MA | 1994-01 | $231,685 |
| 19 | Morris Schapiro And Family Foundation Inc | 100 Federal St 37th Flr, Boston, MA 02110-1802 | MA | 1992-11 | $14,106 |
| 20 | Morris School Parent Teacher Organization | 129 West St, Lenox, MA 01240-2420 | MA | 2004-12 | $22,631 |
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