Adam Faulk Tanksley Foundation Inc in Waxhaw, North Carolina (NC)
Table of contents:
| Adam Faulk Tanksley Foundation Inc | |
| Employer Identification Number (EIN) | 263443806 |
| Name of Organization | Adam Faulk Tanksley Foundation Inc |
| In Care of Name | Lori Shell |
| Address | 3012 Wheatfield Drive, Waxhaw, NC 28173 |
| Website | http://www.chompchildhoodcancer.org |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 08/2009 |
| 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 | 2011 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $47,382 |
| Amount of Income | $104,383 |
| Form 990 Revenue Amount | $76,436 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2011: $104,383 (it was $76,436 in 2013)
| Adam Faulk Tanksley Foundation Inc: | $104,383 |
| Other organizations performing similar types of work: | $80,091 |
Assets in 2011: $47,382 (it was $47,382 in 2013)
| Adam Faulk Tanksley Foundation Inc: | $47,382 |
| Other organizations performing similar types of work: | $35,445 |
Expenses in 2013: $70,472
| This organization: | $70,472 |
| Other organizations performing similar types of work: | $53,537 |
Income to expenses ratio in 2013: 1.5
| This organization: | 1.5 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 27.5%
| Adam Faulk Tanksley Foundation Inc: | 27.5% |
| Other organizations performing similar types of work: | 93.4% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $44,940 | $76,436 |
| Contributions, gifts, grants, and similar amounts received | $18,482 | $21,034 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $26,458 | $55,859 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $78,138 | $81,842 |
| Less: direct expenses from gaming and fundraising events | $51,680 | $25,983 |
| Gross profit/loss from sales of inventory | $0 | $-457 |
| Gross sales of inventory, less returns and allowances | $116 | $1,507 |
| Less: cost of goods sold | $116 | $1,964 |
| Other revenue | $0 | $0 |
| Total expenses | $47,809 | $70,472 |
| Total net assets | $41,420 | $47,382 |
| Excess/Deficit for the year | $-2,869 | $5,964 |
| Net assets or fund balances at beginning of year | $44,289 | $41,418 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $41,420 | $47,384 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $52,420 | $47,382 |
| Total liabilities | $11,000 | $0 |
| Net assets or fund balances | $41,420 | $47,382 |
| Other Information | ||
| 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 |
| 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 |
| 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 | 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 | $346,795 |
| Subtotal Support | $346,795 |
| Gifts, grants, contributions, and membership fees received | $346,795 |
| 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 | $346,795 |
| Public Support | $346,795 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Turnaround Toys Inc in Waxhaw, NC
  |
|
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
| Kyle Busch Foundation in Mooresville, NC |
|
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
| Colonial Capital Humane Society in New Bern, NC |
|
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
 |
|
Life Changing International Church Inc in High Point, NC
|
| Mission Servants Ministries in Charlotte, NC |
|
Bikers For Christ Sandhills Chapter in Dunn, NC
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Dolphins Cycling Challenge Inc | 347 Don Shula Dr, Miami Gardens, FL 33056-2614 | FL | 2012-07 | $3,905,482 |
| 2 | 15-40 Connection Inc | 17 Briden Street, Worcester, MA 01605 | MA | 2008-09 | $1,539,452 |
| 3 | Jimmy V Celebrity Golf Classic | 106 Towerview Ct, Cary, NC 27513-3595 | NC | 1995-02 | $1,449,580 |
| 4 | One Mission Inc | 21 Ozick Dr, Durham, CT 06422-1022 | CT | 2009-03 | $1,216,601 |
| 5 | Haymakers For Hope Inc | 43 Woodridge Rd, Wellesley, MA 02482-7032 | MA | 2012-07 | $958,090 |
| 6 | Runway To Hope Inc | 189 S Orange Avenue Suite 1800, Orlando, FL 32801 | FL | 2011-03 | $861,897 |
| 7 | Val Skinner Foundation | PO BOX 213, Bay Head, NJ 08742-0213 | NJ | 2000-06 | $841,020 |
| 8 | Kure It Inc | 2424 Se Bristol Street 250, Newport Beach, CA 92660 | CA | 2010-05 | $771,692 |
| 9 | 4 Yellow Foundation | Po Box 775628, Steamboat Springs, CO 80477 | CO | 2012-02 | $641,979 |
| 10 | Bcc Rally | PO BOX 49182, Charlotte, NC 28277-0074 | NC | 2009-04 | $413,288 |
| 11 | Paula Takacs Foundation For Sarcoma Research | 7620 Treyford Lane, Charlotte, NC 28270 | NC | 2010-10 | $162,701 |
| 12 | Adam Faulk Tanksley Foundation Inc | 3012 Wheatfield Drive, Waxhaw, NC 28173 | NC | 2009-08 | $104,383 |
| 13 | Lydias Legacy Incorporated, Lydias Legacy | 506 Sedgewood Lake Dr, Charlotte, NC 28211-1300 | NC | 2011-09 | $50,588 |
| 14 | Purple Circle | 2008 Carolina Ave, Kannapolis, NC 28083 | NC | 2009-05 | $1,828 |
| 15 | Cheryl Myers Gastric Cancerfoundation Inc | 1104 Millridge Dr, Greensboro, NC 27407-2835 | NC | 2006-05 | $0 |
| 16 | Dave Brumitt Foundation For Gastric And Esophageal Cancer Research | 727 Staley Ct, Raleigh, NC 27609-6361 | NC | 2006-06 | $0 |
| 17 | Gary Kirby Charitable Fund For Cancer Research | 1505 Heritage Reserve Ct, Wake Forest, NC 27587 | NC | 2008-12 | $0 |
| 18 | Joan Roberts Foundation For Ovarian Cancer | 7600 Touch Me Not Lane, Concord, NC 28027 | NC | 2005-09 | $0 |
| 19 | Right Track To A Cure For Pancreatic Cancer | 124 Treetops Lane, Lake Lure, NC 28746 | NC | 2013-02 | $0 |
| 20 | Z Foundation Inc | 3107 Virginia Pine Lane, Apex, NC 27539 | NC | 2011-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 241 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Adam Faulk Tanksley Foundation Inc »
Non-representatives - add comments about Adam Faulk Tanksley Foundation Inc»