Technology Exchange Lab Inc in Wellfleet, Massachusetts (MA)
Table of contents:
Technology Exchange Lab Inc | |
Employer Identification Number (EIN) | 263414936 |
Name of Organization | Technology Exchange Lab Inc |
Address | 2554 Old Kings Highway, Wellfleet, MA 02667 |
Subsection | Charitable Organization |
Ruling Date | 05/2010 |
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 | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $36,312 |
Amount of Income | $98,702 |
Form 990 Revenue Amount | $98,702 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Media, Communications Organizations |
Non-representatives - add comments:
Amount of income in 2013: $98,702 (it was $95,002 in 2012)
Technology Exchange Lab Inc: | $98,702 |
Other organizations performing similar types of work: | $100,655 |
Assets in 2013: $36,312 (it was $30,968 in 2012)
This organization: | $36,312 |
Other organizations performing similar types of work: | $42,929 |
Expenses in 2013: $93,358
Technology Exchange Lab Inc: | $93,358 |
Other organizations performing similar types of work: | $105,350 |
Income to expenses ratio in 2013: 1.1
This organization: | 1.1 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 100.0%
Technology Exchange Lab Inc: | 100.0% |
Other organizations performing similar types of work: | 48.8% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $50,000 | $95,002 | $98,702 |
Contributions, gifts, grants, and similar amounts received | $50,000 | $95,000 | $98,700 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $2 | $2 |
Total expenses | $51,113 | $79,378 | $93,358 |
Total net assets | $15,344 | $30,968 | $36,312 |
Excess/Deficit for the year | $-1,113 | $15,624 | $5,344 |
Net assets or fund balances at beginning of year | $16,457 | $15,344 | $30,968 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $30,968 | $36,312 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $15,344 | $30,968 | $36,312 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $15,344 | $30,968 | $36,312 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | 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 | |
Total amount involved | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $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 | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
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 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $293,700 |
Subtotal | $293,700 |
Gifts, grants, contributions, and membership fees received | $293,700 |
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 | $0 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
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 |
Less | $0 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
Total support | $293,704 |
Public support | $293,700 |
Subtotal | $4 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $4 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Weymouth Educational Telecommunicators Corporation Inc | 775 Pleasant St Ste 5, East Weymouth, MA 02189-2355 | MA | 1997-03 | $1,255,914 |
2 | Stoughton Media Access Corp | 421 Page St Ste 2, Stoughton, MA 02072-1107 | MA | 2010-05 | $401,550 |
3 | Lakeville Community Access Media Inc, Lakecam | 4 Precinct St, Lakeville, MA 02347-1453 | MA | 2013-03 | $217,207 |
4 | Southborough Access Media Inc | 42 Central St, Fayville, MA 01745-1033 | MA | 2014-05 | $200,347 |
5 | The Fund For Independent Media Inc | 1 Broadway Ste 3, Cambridge, MA 02142-1190 | MA | 2005-12 | $108,352 |
6 | Technology Exchange Lab Inc | 2554 Old Kings Highway, Wellfleet, MA 02667 | MA | 2010-05 | $98,702 |
7 | The Reynolds Center For Teaching Learning And Creativity Inc | 308 Congress St Fl 6, Boston, MA 02210-1015 | MA | 2011-09 | $90,305 |
8 | Massachusetts Community Media Inc | 23 Needham St, Newton, MA 02461-1615 | MA | 2013-10 | $31,135 |
9 | Tempest Productions Inc | 167 Babcock Street, Brookline, MA 02446 | MA | 2001-03 | $11,827 |
10 | Progressive Communicators Network Inc | 21 Wilbraham St Unit C3, Palmer, MA 01069-9685 | MA | 2009-06 | $10,040 |
11 | Aspect Arts Inc | 46 Waltham St Suite 203, Boston, MA 02118 | MA | 2009-05 | $7,427 |
12 | Www Intermission Org Inc | 25 Raymond St, Manchester, MA 01944-1614 | MA | 2008-09 | $5,000 |
13 | Creative Arts For Youth Foundation Inc | 535 Eliot St, Milton, MA 02186-1637 | MA | 2004-12 | $0 |
14 | Dia-Logos Institute For Generative Learning And Collaborative Social | 43 Thorndike Street Suite 205, Cambridge, MA 02141 | MA | 1994-03 | $0 |
15 | Futureboston Inc | 35 Fresh Pond Ln, Cambridge, MA 02138-4601 | MA | 2001-03 | $0 |
16 | Media Diversity Institute Usa | 37 Walnut St, Gloucester, MA 01930 | MA | 2015-01 | $0 |
17 | Newburyport Film Society Inc | 138 High St Apt 2, Newburyport, MA 01950 | MA | 2007-05 | $0 |
18 | Newspro | 635 Tremont St, Boston, MA 02118 | MA | 2014-08 | $0 |
19 | Northampton International Film Festival Inc | PO BOX 1307, Northampton, MA 01061-1307 | MA | 2013-10 | $0 |
20 | Pembroke Community Media Center Incorporated | 481 Washington Street, Pembroke, MA 02359 | MA | 2012-09 | $0 |
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Total | 610 |
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