Spirit Of Sharing in Saint Paul, Minnesota (MN)
Table of contents:
Spirit Of Sharing | |
Employer Identification Number (EIN) | 562539713 |
Name of Organization | Spirit Of Sharing |
In Care of Name | Lori A Felton |
Address | 867 Pierce Butler Rte, Saint Paul, MN 55104-1522 |
Subsection | Charitable Organization |
Ruling Date | 12/2005 |
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 | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $109,175 |
Amount of Income | $61,473 |
Form 990 Revenue Amount | $37,485 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2013: $61,473 (it was $46,110 in 2012)
This organization: | $61,473 |
Other organizations performing similar types of work: | $41,680 |
Assets in 2013: $109,175 (it was $86,619 in 2012)
This organization: | $109,175 |
Other organizations performing similar types of work: | $65,579 |
Expenses in 2013: $11,604
Spirit Of Sharing: | $11,604 |
Other organizations performing similar types of work: | $24,470 |
Income to expenses ratio in 2013: 5.3
Spirit Of Sharing: | 5.3 |
Other organizations performing similar types of work: | 0.5 |
Grants share in income in 2013: 34.0%
This organization: | 34.0% |
Other organizations performing similar types of work: | 9.0% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $29,692 | $26,968 | $37,485 |
Contributions, gifts, grants, and similar amounts received | $1,665 | $0 | $12,750 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $447 | $320 | $482 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $27,580 | $26,648 | $24,253 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $42,710 | $45,790 | $48,241 |
Less: direct expenses from gaming and fundraising events | $15,130 | $19,142 | $23,988 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $12,870 | $11,115 | $11,604 |
Total net assets | $67,391 | $83,244 | $109,125 |
Excess/Deficit for the year | $16,822 | $15,853 | $25,881 |
Net assets or fund balances at beginning of year | $50,569 | $67,391 | $83,244 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $83,244 | $109,125 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $67,391 | $86,619 | $109,175 |
Total liabilities | $0 | $3,375 | $50 |
Net assets or fund balances | $67,391 | $83,244 | $109,125 |
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 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 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $15,578 |
Subtotal Support | $15,578 |
Gifts, grants, contributions, and membership fees received | $15,578 |
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 | $0 |
Total Support | $146,837 |
Public Support | $15,578 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,885 |
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 | $129,374 |
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 | Us-Central Asia Education Foundation | 124 U St Nw, Washington, DC 20001-1606 | DC | 2007-10 | $4,838,252 |
2 | Subsea Tieback Scholarship Fund | 5418 Woodbury St, Fulshear, TX 77441-4139 | TX | 2007-10 | $101,112 |
3 | Tom Mcmahon Construction Scholarship Fund | 4441 S Abilene Cir, Aurora, CO 80015-1047 | CO | 2006-11 | $18,033 |
4 | Wasie Foundation | 230 Manitoba Ave S Ste 110, Wayzata, MN 55391-1805 | MN | 1967-04 | $15,414,639 |
5 | Wallin Education Partners | 5200 Willson Rd Ste 209, Minneapolis, MN 55424-1343 | MN | 2007-05 | $4,256,589 |
6 | Tee It Up For The Troops Inc | 515 W Travelers Trl, Burnsville, MN 55337-2548 | MN | 2006-02 | $1,696,502 |
7 | The Valspar Foundation | PO BOX 1461, Minneapolis, MN 55440-1461 | MN | 1979-12 | $1,607,989 |
8 | Stevens Seminary Foundation | 1017 Hennepin Ave N, Glencoe, MN 55336-2218 | MN | 2002-10 | $1,250,753 |
9 | Donations For Education | 5401 Gamble Dr Ste 275, Minneapolis, MN 55416-1572 | MN | 2009-07 | $442,783 |
10 | Go Corps | 6736 Regent Ave N, Brooklyn Ctr, MN 55429-1660 | MN | 2011-03 | $312,111 |
11 | Teachaiti | PO BOX 1173, Detroit Lakes, MN 56502-1173 | MN | 2010-02 | $259,609 |
12 | District 196 Foundation Incorporated, Apple Valley High School Scholarship Fund | 3455 153rd Street West, Rosemount, MN 55068 | MN | 2010-10 | $256,552 |
13 | Transformation Fund | 3033 Excelsior Blvd Ste 190, Minneapolis, MN 55416-4692 | MN | 2000-07 | $256,047 |
14 | Devin Lomax Bolkcom Smith Scholarship Fund | 1365 Idaho Ave W, Falcon Hgts, MN 55108-2113 | MN | 2012-04 | $219,671 |
15 | Sfm Foundation | 3500 American Blvd West, Bloomington, MN 55431 | MN | 2008-08 | $208,204 |
16 | San Lucas Toliman Scholars | 34 Hilltop Ln, St Paul, MN 55116-2720 | MN | 2006-03 | $174,209 |
17 | Upper Midwest A-C Club | 22243 200th St, Hutchinson, MN 55350-4234 | MN | 2015-03 | $154,494 |
18 | Tlc Education Foundation | 1411 W River Rd, Minneapolis, MN 55411-3429 | MN | 2000-04 | $145,943 |
19 | Minnesota Educational Scholarship Fund Inc | 8642 Ivan Ave S, Cottage Grove, MN 55016 | MN | 2014-06 | $127,164 |
20 | Gre Employees Memorial Scholarship Fund Inc | 12300 Elm Creek Blvd N, Maple Grove, MN 55369-4718 | MN | 1996-04 | $102,483 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 23,481 |
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