Sswbn Educational Foundation Inc in Accord, Massachusetts (MA)

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Sswbn Educational Foundation Inc
Employer Identification Number (EIN)043425682
Name of OrganizationSswbn Educational Foundation Inc
In Care of NameVEVA JOHNSON
AddressPO BOX 192, Accord, MA 02018-0192
Websitehttp://SSWBNEDFUND.ORG
SubsectionCharitable Organization
Ruling Date07/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2010
Assets$10,000 to $24,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$17,999
Amount of Income$14,587
Form 990 Revenue Amount$14,077
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2010: $14,587 (it was $10,397 in 2012)
This organization: 

 $14,587
Other organizations performing similar types of work: 

 $41,680

Assets in 2010: $17,999 (it was $13,740 in 2012)
Sswbn Educational Foundation Inc: 

 $17,999
Other organizations performing similar types of work: 

 $65,579

Expenses in 2012: $11,262
Sswbn Educational Foundation Inc: 

 $11,262
Other organizations performing similar types of work: 

 $24,470

Income to expenses ratio in 2012: 1.3
This organization: 

 1.3
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2012: 49.7%
Sswbn Educational Foundation Inc: 

 49.7%
Other organizations performing similar types of work: 

 9.0%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$9,342
Contributions, gifts, grants, and similar amounts received$4,640
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$11
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$4,691
Gross income from gaming$0
Gross income from fundraising events$5,746
Less: direct expenses from gaming and fundraising events$1,055
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$11,262
Total net assets$13,740
Deficit for the year$-1,920
Net assets or fund balances at beginning of year$15,660
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$13,740
Total liabilities$0
Net assets or fund balances$13,740
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$52,977
Gifts, grants, contributions, and membership fees received$39,349
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$13,371
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$257
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3Tom Mcmahon Construction Scholarship Fund4441 S Abilene Cir, Aurora, CO 80015-1047CO2006-11$18,033
4Wenham Village Improvement Society IncPO BOX 554, Wenham, MA 01984-2554MA1995-02$20,221,001
5Ja Worldwide Inc, Ja Worldwide177 Milk Street, Boston, MA 02109-3404MA2014-03$16,536,945
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7Community Scholarship Foundation Inc800 Boylston St Ste 1150, Boston, MA 02199-8123MA2014-07$5,352,529
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10Ma-Aua Education Fund Inc900 Cummings Center No 221-U, Beverly, MA 01915MA2008-09$1,406,756
11Justin Smith Morrill ScholarshipsPO BOX 1330, Hyannis, MA 02601-1330MA2010-09$1,284,051
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17Worcester Educational Development Foundation Inc210 Park Avenue No 224, Worcester, MA 01609-2246MA2005-12$384,927
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Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,083
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,481

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