Partnership Foundation For Optometric Education Inc in Rockville, Maryland (MD)

Partnership Foundation For Optometric Education Inc
Employer Identification Number (EIN)	311482758
Name of Organization	Partnership Foundation For Optometric Education Inc
Address	6110 Executive Blvd Ste 420, Rockville, MD 20852-3942
Activities	Described in section 509(a)(2) of the Code, Study and research (non scientific)
Subsection	Charitable Organization, Educational Organization
Ruling Date	01/1997
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Tax Period	12/2012
Assets	$1,000,000 to $4,999,999
Income	$1,000,000 to $4,999,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$3,414,957
Amount of Income	$1,267,911
Form 990 Revenue Amount	$143,158
National Taxonomy of Exempt Entities (NTEE)	Unknown: Unknown

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Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?	No
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
Gross income from members or shareholders	$0
Gross income from other sources	$0

Statement of Revenue (for 2011)
Total revenue	$165,880
Contributions, Gifts, Grants and Other Similar Amounts	$119,000
Program Service Revenue	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$87,713
Income from investment of tax-exempt bond proceeds	$0
Royalties	$0
Net rental income	$0
Net loss from sales of assets other than inventory	$-40,833
Gross amount from sales of assets other than inventory (Securities / Other)	$361,690 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$402,523 / $0
Gain or (loss) (Securities / Other)	$-40,833 / $0
Net income from fundraising events	$0
Net income from gaming activities	$0
Net income from sales of inventory	$0
Miscellaneous Revenue	$0

Statement of Functional Expenses (for 2011)
Total functional expenses	$37,827
Compensation of current officers, directors, trustees, and key employees	$0
Other salaries and wages	$0
Payroll taxes	$0
Professional fundraising services	$0
Other	$37,827

Balance Sheet (for 2011)
Total assets	$2,963,204
Total liabilities	$14,976
Tax-exempt bond liabilities	$0
Secured mortgages and notes payable to unrelated third parties	$0
Unsecured notes and loans payable to unrelated third parties	$0
Other	$14,976
Total net assets or fund balances	$2,948,228
Retained earnings, endowment, accumulated income, or other funds	$0

Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:	A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)

	2007 - 2011 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
Total Support	$805,311
Gifts, grants, contributions, and membership fees received	$612,231
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	$193,080
Gross receipts from related activities, etc.	$0

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