New England Biolabs Foundation in Beverly, Massachusetts (MA)

Organization representatives - add corrected or new information about New England Biolabs Foundation »

Non-representatives - add comments about New England Biolabs Foundation»

New England Biolabs Foundation
Employer Identification Number (EIN)042776213
Name of OrganizationNew England Biolabs Foundation
Address8 Enon Street, Beverly, MA 01915-1165
ActivitiesCombating or preventing pollution (air, water, etc), Preservation of natural resources (conservation), Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization, Educational Organization
Ruling Date06/1984
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$8,711,658
Amount of Income$4,797,232
Form 990 Revenue Amount$672,705


Non-representatives - add comments:


CAPTCHA

Your IP address 18.218.63.176 will be logged.

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$697,015$495,915$0
Contributions, gifts, grants, etc., received$201,100
Interest on savings and temporary cash investments$0
Dividends and interest from securities$216,626
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$279,289
Total expenses and disbursements$636,022$56,888$0$579,134
Compensation of officers, directors, trustees, etc.$79,005
Total operating and administrative expenses$251,697$56,888$194,809
Contributions, gifts, grants paid$384,325
Excess of revenue over expenses and disbursements$60,993
Net investment income$439,027
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$7,367,626$7,367,626
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$790,029
Investments-corporate stock$4,389,559
Investments-corporate bonds$1,081,543
Investments-mortgage loans$0
Investments-other$48,835
Other$1,057,660
Total liabilities$105,494
Mortgages and other notes payable$0
Other$105,494
Total liabilities and net assets/fund balances$7,262,132
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$279,289
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$4,390
Total credits and payments$4,400
2012 estimated tax payments and 2011 overpayment credited to 2012$4,400
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$9
Tax due$0
Overpayment$1
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?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$7,049,012
Net value of noncharitable-use assets$6,943,280
Minimum investment return$347,164
Distributable Amount (for 2012)
Distributable amount$342,774
Undistributed Income (for 2012)
Distributable amount for 2012$342,774
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend New England Biolabs Foundation to others? (optional)
  
Add photo of New England Biolabs Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Massachusetts
IdNameAddressStateEstablishedTotal Income
1New England Association Of Hud Management Agents Inc400 Wahington St Suite 210, Braintree, MA 02184MA1990-11$826,004
2New England Association Of Professional Employer Organization76 Blanchard Rd, Burlington, MA 01803-5125MA1998-02$2,565
3New England Association Of Retail Lender IncLakeside Office Park Building 12, Wakefield, MA 01880MA1955-02$29,471
4New England Association Of School Superintendents Inc14 Hamilton Rd, West Peabody, MA 01960-2131MA1992-02$59,800
5New England Association Of Schools & Colleges Inc3 Burlington Woods Dr Ste 100, Burlington, MA 01803-4514MA1944-07$10,842,798
6New England Automated Clearing House Association35 Corporate Dr Ste 190, Burlington, MA 01803-4244MA1978-10$6,054,265
7New England Automotive Dealers Insurance TrPO BOX 24, E Bridgewater, MA 02333-0024MA1951-08$2,393,194
8New England Bantam Club IncAlice Vilk Treasurer 342 Lincoln St, Stoughton, MA 02072MA2003-05$3,991
9New England Baptist Hospital League Inc20 Malcolm St, Hingham, MA 02043-1354MA1956-12$4,680
10New England Baseball Club IncPO BOX 170714, Boston, MA 02117-0944MA2008-06$791,135
11New England Biolabs Foundation8 Enon Street, Beverly, MA 01915-1165MA1984-06$4,797,232
12New England Bioscience Society Inc6 Wellington Terrace, Brookline, MA 02445MA2008-12$30,857
13New England Biotechnology Association, Neba401 Edgewater Place, Wakefield, MA 01880-6201MA2010-02$67,503
14New England Blazers Wheelchair Sports Programs Inc6 Grove Sq, Randolph, MA 02368-4028MA2013-02$10,950
15New England Blues Fest Com11 Robin Hood Avenue, Middleboro, MA 02346MA2009-05$0
16New England Botanical Club Inc22 Divinity Ave, Cambridge, MA 02138-2020MA1976-11$115,640
17New England Branch American Assoc For Laboratory Animal Science7 Kidder Road, Chelmsford, MA 01824-3374MA1990-03$63,935
18New England Bridge Conference Inc4 Bourne St, Jamaica Plain, MA 02130-4615MA1996-07$359,090
19New England Brittany Rescue Inc829 Mill St, Marion, MA 02738-2202MA2003-01$113,786
20New England Bus Association10 Halifax St, Boston, MA 02130MA1984-04$16,674

NonProfitFacts.com is not associated with, endorsed by, or sponsored by New England Biolabs Foundation and has no official or unofficial affiliation with New England Biolabs Foundation