Nima Foundation in Lincoln, 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
| Nima Foundation | |
| Employer Identification Number (EIN) | 043398315 |
| Name of Organization | Nima Foundation |
| In Care of Name | Hatsopoulos |
| Address | 233 Tower Rd, Lincoln, MA 01773-4329 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $674,245 |
| Amount of Income | $129,826 |
| Form 990 Revenue Amount | $18,898 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue 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 | $23,625 | $20,875 | $0 | |
| Contributions, gifts, grants, etc., received | $2,750 | |||
| Interest on savings and temporary cash investments | $19 | |||
| Dividends and interest from securities | $16,704 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $4,152 | |||
| Total expenses and disbursements | $11,449 | $8,408 | $0 | $35 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $11,449 | $8,408 | $35 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $12,176 | |||
| Net investment income | $12,467 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $644,205 | $805,817 |
| Cash - non-interest-bearing | $544 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $618,586 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $25,075 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $644,205 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $4,152 |
| 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 | $249 |
| Total credits and payments | $237 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $237 |
| 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 | $0 |
| Tax due | $12 |
| 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? | 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 | $790,051 |
| Net value of noncharitable-use assets | $778,200 |
| Minimum investment return | $38,910 |
| Distributable Amount (for 2012) | |
| Distributable amount | $38,661 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $38,661 |
| 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 | Nfc Forum Inc | 401 Edgewater Pl Ste 600, Wakefield, MA 01880-6200 | MA | 2006-03 | $2,646,567 |
| 2 | Nha Properties Inc | PO BOX 3149, Nantucket, MA 02584-3149 | MA | 1998-09 | $1,602,689 |
| 3 | Nhs Friends Of Music Inc | Po Box 920026, Needham, MA 02492 | MA | 2006-01 | $0 |
| 4 | Nicholas And Elissa K Macaronis Foundation, Macaronis Nicholas Ttee | Nine Central St 2nd Flr, Lowell, MA 01852-1927 | MA | 1999-03 | $14,738 |
| 5 | Nicholas C And Anna F Marocopoulos Charitable Foundation | 4 Longfellow Pl Ste 3802, Boston, MA 02114-2835 | MA | 1997-07 | $414,891 |
| 6 | Nicholas G Beram Veterans Association | 56 Lantern Rd, Belmont, MA 02478-1707 | MA | 1979-06 | $37,667 |
| 7 | Nichols Village Inc | 18 King St, Groveland, MA 01834-1231 | MA | 2002-05 | $3,678,210 |
| 8 | Nickerson Family Association Inc | PO BOX 296, North Chatham, MA 02650-0296 | MA | 1978-02 | $79,449 |
| 9 | Nicole Petrucci Memorial Fund | 12 Courtney Rd, Walpole, MA 02081-2255 | MA | 2005-03 | $21 |
| 10 | Nidcap Federation Intl Inc | 320 Longwood Ave, Boston, MA 02115-5746 | MA | 2003-06 | $212,086 |
| 11 | Nima Foundation | 233 Tower Rd, Lincoln, MA 01773-4329 | MA | 1998-06 | $129,826 |
| 12 | Nimrod League Of Holden Inc | 168 Coalkiln Road, Princeton, MA 01541 | MA | 1978-08 | $318,210 |
| 13 | Nine Lives Of Norton Feline Rescue Shelter Inc | PO BOX 548, Norton, MA 02766-0548 | MA | 1998-12 | $61,018 |
| 14 | Nineteenth Association Properties Inc | 995 Worthington St, Springfield, MA 01109-4027 | MA | 1996-05 | $43,618 |
| 15 | Ninth Association Properties Inc | 995 Worthington St, Springfield, MA 01109-4027 | MA | 1995-05 | $36,027 |
| 16 | Ninth Street Day Nursery Inc | 533 Highland Ave, Fall River, MA 02720-3718 | MA | 1972-12 | $215,417 |
| 17 | Nipmuc Rod & Gun Club Inc | PO BOX 171, Hopedale, MA 01747-0171 | MA | 1953-10 | $107,563 |
| 18 | Nipper Clancy Memorial Baseball Tournament Inc | 20 Harmon Street, Lynn, MA 01905-1315 | MA | 1996-04 | $11 |
| 19 | Nisbet Family Foundation | 150 Alder Ln, No Falmouth, MA 02556-2934 | MA | 1993-02 | $31,082 |
| 20 | Nish Boyajian Memorial Foundation Inc | 87 Appleton St, Quincy, MA 02171-2046 | MA | 2003-06 | $15,341 |
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