Southwest Mississippi Junior College Development Foundation in Summit, Mississippi (MS)
Table of contents:
| Southwest Mississippi Junior College Development Foundation | |
| Employer Identification Number (EIN) | 640916622 |
| Name of Organization | Southwest Mississippi Junior College Development Foundation |
| In Care of Name | Rhonda Gibson |
| Address | 1156 College Drive, Summit, MS 39666 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2000 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which operates for benefit of college or university and is owned or operated by a governmental unit |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2008 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $507,414 |
| Amount of Income | $139,610 |
| Form 990 Revenue Amount | $139,610 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2008: $139,610 (it was $179,695 in 2013)
| This organization: | $139,610 |
| Other organizations performing similar types of work: | $69,198 |
Assets in 2008: $507,414 (it was $470,469 in 2013)
| This organization: | $507,414 |
| Other organizations performing similar types of work: | $35,127 |
Expenses in 2013: $99,629
| This organization: | $99,629 |
| Other organizations performing similar types of work: | $43,494 |
Income to expenses ratio in 2013: 1.4
| Southwest Mississippi Junior College Development Foundation: | 1.4 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 4.5% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $141,039 | $179,695 | |
| Contributions, gifts, grants, and similar amounts received | $36,324 | $0 | |
| Program service revenue including government fees and contracts | $77,809 | $157,543 | |
| Membership dues and assessments | $0 | $0 | |
| Investment income | $26,906 | $21,967 | |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | |
| Other revenue | $0 | $185 | |
| Total expenses | $126,152 | $99,629 | |
| Total net assets | $259,779 | $470,218 | |
| Excess/Deficit for the year | $14,887 | $80,066 | |
| Net assets or fund balances at beginning of year | $244,892 | $390,152 | |
| Other changes in net assets or fund balances | $0 | $0 | |
| Net assets or fund balances at end of year | $470,218 | ||
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $259,779 | $390,402 | $470,469 |
| Total liabilities | $0 | $250 | $251 |
| Net assets or fund balances | $259,779 | $470,218 | |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | ||
| Were any significant changes made to the organizing or governing documents? | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | 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 | ||
| Amount of political expenditures, direct or indirect | $0 | ||
| Did the organization file Form 1120-POL for this year? | 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 | ||
| Total amount involved | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | |
| Gross receipts for public use of club facilities | $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 | ||
| 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 | $179,695 |
| Subtotal | $179,695 |
| Gifts, grants, contributions, and membership fees received | $0 |
| 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 | $179,695 |
| 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 | $179,695 |
| Public support | $179,695 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | Ravenwood High School Quarterback Club | 1724 Wilson Pike, Brentwood, TN 37027-8105 | TN | 2007-02 | $99,991 |
| 2 | Slocomb Band Boosters Inc | PO BOX 376, Slocomb, AL 36375-0376 | AL | 2006-12 | $54,892 |
| 3 | Mannsdale Elementary Pto | 443 Mannsdale Rd, Madison, MS 39110-6595 | MS | 2010-08 | $140,749 |
| 4 | Southwest Mississippi Junior College Development Foundation | 1156 College Drive, Summit, MS 39666 | MS | 2000-06 | $139,610 |
| 5 | The Ole Miss Quarterback Club Inc | PO BOX 571, Oxford, MS 38655-0571 | MS | 2010-04 | $117,663 |
| 6 | Oak Grove Longleaf Elementary Pto | 5279 W 4th St, Hattiesburg, MS 39402-9700 | MS | 2014-08 | $98,736 |
| 7 | Clinton Park Elementary Pto | PO BOX 738, Clinton, MS 39060-0738 | MS | 2012-02 | $91,639 |
| 8 | Germantown Middle School Pto | 202 Calhoun Station Pkwy, Madison, MS 39110 | MS | 2011-03 | $52,982 |
| 9 | Clinton Junior High School Parent Teacher Organization | 711 Lakeview Drive, Clinton, MS 39056 | MS | 2012-01 | $21,731 |
| 10 | 456 Robotics | Po Box 821792, Vicksburg, MS 39182 | MS | 2012-01 | $6,355 |
| 11 | Olive Branch High School Speech And Debate Booster Club | 5836 Michaelson Dr, Olive Branch, MS 38654-3552 | MS | 2015-03 | $4,021 |
| 12 | Central Holmes Foundation For Excellence | PO BOX 927, Lexington, MS 39095-0927 | MS | 2014-10 | $0 |
| 13 | Choctaw County Athletic Booster Club | Po Box 641, Ackerman, MS 39735 | MS | 2014-07 | $0 |
| 14 | Cleveland Hs And Margaret Green Junior Hs Wildcat Band Boosters | 300 W Sunflower Rd, Cleveland, MS 38732-2640 | MS | 2014-11 | $0 |
| 15 | Clinton High School Basketball Booster Club | 1205 Dartmoor Dr, Clinton, MS 39056 | MS | 2015-04 | $0 |
| 16 | Family & Friends Of Ellisville State School | 55 Jarrod Rd, Ellisville, MS 39437 | MS | 2012-01 | $0 |
| 17 | Foundation For Academic Achievement In The South Pike School District | 165 N Prewett St, Magnolia, MS 39652-2807 | MS | 2009-09 | $0 |
| 18 | Friends Of Blackmur Memorial Library Inc | 608 Blackmur Dr, Water Valley, MS 38965-6070 | MS | 2014-10 | $0 |
| 19 | Friends Of Oxford-Lafayette County Library | 401 Bramlett Blvd, Oxford, MS 38655-4121 | MS | 2014-05 | $0 |
| 20 | Gloster Elementary Foundation Inc | PO BOX 1019, Gloster, MS 39638-1019 | MS | 2005-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 10,796 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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