Grand Blanc Educational Foundation in Grand Blanc, Michigan (MI)

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Grand Blanc Educational Foundation
Employer Identification Number (EIN)382995880
Name of OrganizationGrand Blanc Educational Foundation
In Care of NameBruce Blevins
Address11920 South Saginaw Street, Grand Blanc, MI 48439
ActivitiesDescribed in section 509(a)(2) of the Code
SubsectionEducational Organization
Ruling Date07/1992
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$168,721
Amount of Income$39,999
Form 990 Revenue Amount$39,999
National Taxonomy of Exempt Entities (NTEE)Unknown: Unknown


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$39,999
Contributions, gifts, grants, and similar amounts received$17,965
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$9,390
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$8,364
Gross income from gaming$0
Gross income from fundraising events$9,945
Less: direct expenses from gaming and fundraising events$1,581
Gross profit from sales of inventory$4,279
Gross sales of inventory, less returns and allowances$4,279
Less: cost of goods sold$0
Other revenue$0
Other$1
Total expenses$13,373
Total net assets$168,721
Excess for the year$26,626
Net assets or fund balances at beginning of year$142,095
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$168,721
Total liabilities$0
Net assets or fund balances$168,721
Other Information (for 2011)
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 2011)
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 2011)
2007 - 2011 Total
Total support$184,535
Gifts, grants, contributions, and membership fees received$93,488
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$56,310
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$34,737
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