The Next Generation Of Giving And Philanthropy Inc, Grab The Torch in Nahant, Massachusetts (MA)
Table of contents:
| The Next Generation Of Giving And Philanthropy Inc, Grab The Torch | |
| Employer Identification Number (EIN) | 263746294 |
| Name of Organization | The Next Generation Of Giving And Philanthropy Inc |
| Secondary Name | Grab The Torch |
| In Care of Name | THE NEXT GENERATION OF GIVING AND PHILANTHROPY INC |
| Address | Box 24, Nahant, MA 01908 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2009 |
| 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 | 2008 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $29,589 |
| Amount of Income | $79,280 |
| Form 990 Revenue Amount | $79,280 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $42,815 | $60,926 | $38,720 | $79,280 |
| Contributions, gifts, grants, and similar amounts received | $39,530 | $59,026 | $38,520 | $79,280 |
| Program service revenue including government fees and contracts | $3,285 | $1,900 | $200 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $53,800 | $58,516 | $55,181 | $48,398 |
| Total net assets | $-10,985 | $-8,575 | $-25,037 | $5,845 |
| Excess/Deficit for the year | $-10,985 | $2,410 | $-16,462 | $30,882 |
| Net assets or fund balances at beginning of year | $0 | $-10,985 | $16,462 | $-25,037 |
| Other changes in net assets or fund balances | $0 | $0 | $-25,037 | $0 |
| Net assets or fund balances at end of year | $-8,575 | $-50,074 | $5,845 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $2,015 | $18,541 | $2,024 | $29,589 |
| Total liabilities | $13,000 | $27,116 | $27,061 | $23,744 |
| Net assets or fund balances | $-10,985 | $-8,575 | $-25,037 | $5,845 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $216,356 |
| Subtotal Support | $216,356 |
| Gifts, grants, contributions, and membership fees received | $216,356 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $216,356 |
| Public Support | $216,356 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $5,385 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Newton 9-11 Memorial Committee Inc | 27 Indiana Terrace, Newton Upper Falls, MA 02464-1314 | MA | 2011-07 | $5,799 |
| 2 | Newton And Tatter M D Charitable Remainder Unitr 122094 | 1 Lincoln St Fl 24, Boston, MA 02111-2901 | MA | $0 | |
| 3 | Newton C Ebaugh Fund Admin Of Tulane Educ Fund 1028002053, Administrators Of Tulane Educ Fund | 1 Lincoln St Fl 24, Boston, MA 02111-2901 | MA | $0 | |
| 4 | Newton Centre Minyan | 47 Oxford Rd, Newton, MA 02459-2407 | MA | 1988-09 | $0 |
| 5 | Newton Community Chorus Inc | 59 Allerton Road, Newton, MA 02459 | MA | 2012-10 | $0 |
| 6 | Newton Country Players Inc | 8 Reed Street, Dedham, MA 02026 | MA | 2002-03 | $0 |
| 7 | Newton Police Benefit Association Inc | 1321 Washington Street, Newton, MA 02465 | MA | 1992-10 | $0 |
| 8 | Newton Presbyterian Church | 75 Vernon St, Newton, MA 02458-2027 | MA | 1964-01 | $0 |
| 9 | Newton Public Arts Project Inc | 121 Cabot St, Newton, MA 02458-2532 | MA | 2010-05 | $0 |
| 10 | Nexdine Foundation Inc | 100 Pleasant St, Dracut, MA 01826-4746 | MA | 2011-08 | $100,638 |
| 11 | The Next Generation Of Giving And Philanthropy Inc, Grab The Torch | Box 24, Nahant, MA 01908 | MA | 2009-06 | $79,280 |
| 12 | Nextdoor Theater Group Company, Next Door Center For The Arts Next Door Theater | 40 Cross Street, Winchester, MA 01890 | MA | 2009-01 | $109,854 |
| 13 | Nhc Realty Inc | 200 West Cummings Park, Woburn, MA 01801 | MA | 2009-06 | $0 |
| 14 | Nhs Properties Inc | 85 Herrick St, Beverly, MA 01915-1790 | MA | 1984-10 | $0 |
| 15 | Nichiren Shoshu Academy Boston Community Center | 74 Arthur St, Quincy, MA 02169-4819 | MA | 1968-01 | $0 |
| 16 | Nichiren Shoshu Academy-Harvard | 75 Arthur St Apt 13, Quincy, MA 02169-4829 | MA | 1972-10 | $0 |
| 17 | Nicholas And Mary Babson Crut, Nicholas Carl Babson Ttee | One International Pl, Boston, MA 02110-2602 | MA | $0 | |
| 18 | Nicholas C Zyfers Ac6627 Nect | 210 Massachusetts Ave P05-10, Boston, MA 02115 | MA | 1978-04 | $0 |
| 19 | Nicholas J & S C Fiumara Tr T24478 | 1 Lincoln St Fl 24, Boston, MA 02111-2901 | MA | $0 | |
| 20 | Nick N Haddad Charitable Lead Annuity Tr, Maurice Haddad & Yakov Levin Ttees | 85 Stanton Ave, Revere, MA 02151-4410 | MA | $0 | |
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