Metro Friendship Foundation in Minnetonka, Minnesota (MN)
Table of contents:
| Metro Friendship Foundation | |
| Employer Identification Number (EIN) | 020742491 |
| Name of Organization | Metro Friendship Foundation |
| In Care of Name | Katherine Page |
| Address | 2021 Pine Island Road, Minnetonka, MN 55305 |
| Website | http://metrofriendshipfoundation.org/ |
| Subsection | Charitable Organization |
| Ruling Date | 09/2009 |
| 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 | 2008 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $11,013 |
| Amount of Income | $45,472 |
| Form 990 Revenue Amount | $29,062 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2008: $45,472 (it was $29,062 in 2014)
| Metro Friendship Foundation: | $45,472 |
| Other organizations performing similar types of work: | $63,282 |
Assets in 2008: $11,013 (it was $11,013 in 2014)
| This organization: | $11,013 |
| Other organizations performing similar types of work: | $31,552 |
Expenses in 2014: $56,463
| Metro Friendship Foundation: | $56,463 |
| Other organizations performing similar types of work: | $40,991 |
Income to expenses ratio in 2014: 0.8
| This organization: | 0.8 |
| Other organizations performing similar types of work: | 3.3 |
Grants share in income in 2014: 121.2%
| This organization: | 121.2% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $42,404 | $78,535 | $61,619 | $29,062 |
| Contributions, gifts, grants, and similar amounts received | $64,518 | $69,080 | $70,057 | $35,217 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-22,114 | $9,455 | $-8,438 | $-6,155 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $13,289 | $16,780 | $12,637 | $10,255 |
| Less: direct expenses from gaming and fundraising events | $35,403 | $7,325 | $21,075 | $16,410 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $55,479 | $75,040 | $49,980 | $56,463 |
| Total net assets | $22,581 | $31,762 | $38,109 | $11,013 |
| Excess/Deficit for the year | $-13,075 | $3,495 | $11,639 | $-27,401 |
| Net assets or fund balances at beginning of year | $35,656 | $22,581 | $31,762 | $38,414 |
| Other changes in net assets or fund balances | $0 | $5,686 | $-5,292 | $0 |
| Net assets or fund balances at end of year | $31,762 | $38,109 | $11,013 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $22,581 | $31,762 | $38,109 | $11,013 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $22,581 | $31,762 | $38,109 | $11,013 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $209,772 |
| Subtotal Support | $288,962 |
| Gifts, grants, contributions, and membership fees received | $288,962 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $79,190 |
| Total Support | $288,962 |
| Public Support | $288,962 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Steve Rummler Hope Foundation | 5025 Park Ter, Minneapolis, MN 55436-1098 | MN | 2011-11 | $225,069 |
| 2 | Umogd Sight Preservation Foundation | 801 - 12th Ave No, Minneapolis, MN 55411-4211 | MN | 2009-07 | $70,400 |
| 3 | Valley Of Rochester Scottish Ritechildrens Foundation | 2621 Oak Hills Dr Sw, Rochester, MN 55902-1264 | MN | 2006-11 | $46,937 |
| 4 | Metro Friendship Foundation | 2021 Pine Island Road, Minnetonka, MN 55305 | MN | 2009-09 | $45,472 |
| 5 | Kayleen Larson Legacy Foundation | 1320 Sunrise Court, Clearwater, MN 55320 | MN | 2014-09 | $26,321 |
| 6 | Kiester For A Cure | Po Box 133, Kiester, MN 56051 | MN | 2011-03 | $25,186 |
| 7 | Ecuadorian Childrens Cancer Foundation | 657 Koehnen Dr, Chaska, MN 55318-2510 | MN | 2014-03 | $13,037 |
| 8 | Edina Professionals Inc, Edina Professionals | 6800 France Ave South, Edina, MN 55435-2007 | MN | 2014-01 | $8,924 |
| 9 | Baby Alex Cancer Foundation Inc | 11519 Andy Lake Ln Se, Fertile, MN 56540 | MN | 2005-09 | $0 |
| 10 | Chloes Fight Foundation | 343 Sweet Briar Lane, Hopkins, MN 55343 | MN | 2014-09 | $0 |
| 11 | Donate Today | 12722 Johnson St Ne, Blaine, MN 55434-8051 | MN | 2013-09 | $0 |
| 12 | Golden Dream | 3655 W5th Street, Winona, MN 55987 | MN | 2014-10 | $0 |
| 13 | Jumps For Hope Inc | Po Box 84, Minnesota City, MN 55959 | MN | 2013-01 | $0 |
| 14 | Kate P Smith Memorial Fund | 4 Pinehurst Drive, Dellwood, MN 55110 | MN | 2015-01 | $0 |
| 15 | Kylies Hope | 1784 Pascsal Street, Falcon Heights, MN 55113 | MN | 2012-08 | $0 |
| 16 | Mac Greeman Foundation | 13117 Oliver Ave S, Burnsville, MN 55337 | MN | 2014-06 | $0 |
| 17 | Mary Moon Foundation Inc | 13585 Flagstaff Ave, Apple Valley, MN 55124-7957 | MN | 2013-01 | $0 |
| 18 | Mumbai Childrens Healthcare Fund | 7809 W Park Hills Dr, Bloomington, MN 55438-2239 | MN | 2010-03 | $0 |
| 19 | Nicholas P Koenig Hero Foundation Inc | 765 5th St Nw, Richmond, MN 56368-8428 | MN | 2014-10 | $0 |
| 20 | Pedal And Roll For Parkinson S | 5912 Sun Road, Edina, MN 55436 | MN | 2012-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,359 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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