Cove Creek High School Class Of 1955 Memorial Scholarship Fund in Sugar Grove, North Carolina (NC)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Cove Creek High School Class Of 1955 Memorial Scholarship Fund | |
| Employer Identification Number (EIN) | 561472606 |
| Name of Organization | Cove Creek High School Class Of 1955 Memorial Scholarship Fund |
| In Care of Name | John A Mast |
| Address | PO BOX 234, Sugar Grove, NC 28679-0234 |
| Subsection | Educational Organization |
| Ruling Date | 08/2000 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2009 |
| Assets | $1 to $9,999 |
| Income | $0 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $4,787 |
| Amount of Income | $1 |
| Form 990 Revenue Amount | $1 |
| 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 2009: $1 (it was $0 in 2011)
| This organization: | $1 |
| Other organizations performing similar types of work: | $95,126 |
Assets in 2009: $4,787 (it was $2,496 in 2011)
| Cove Creek High School Class Of 1955 Memorial Scholarship Fund: | $4,787 |
| Other organizations performing similar types of work: | $142,152 |
Expenses in 2011: $295
| Cove Creek High School Class Of 1955 Memorial Scholarship Fund: | $295 |
| Other organizations performing similar types of work: | $105,811 |
Income to expenses ratio in 2011: 0.0
| This organization: | 0.0 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2011: -,nan,(ind)%
| This organization: | -,nan,(ind)% |
| Other organizations performing similar types of work: | 76.8% |
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | |
| Total expenses and disbursements | $295 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $295 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-295 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,496 | $0 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $2,496 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,496 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $1 | $0 | $0 | $0 | $1 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
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
|
|
Harrisburg Cruisers in Harrisburg, NC
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Streator Township High School Foundation Nfp | 202 W Lincoln Ave, Streator, IL 61364-2102 | IL | 2010-08 | $1,172,570 |
| 2 | Varied Internship Program Inc | 90-25 161st Street 2nd Floor, Jamaica, NY 11432-6142 | NY | 2000-11 | $249,340 |
| 3 | Iordanis Spyropoulos Foundation | 922 Riverview Dr, Totowa, NJ 07512-1127 | NJ | 2006-06 | $176,459 |
| 4 | Cavalier Athletic Scholarship Foundation | 6220 E Texas St, Bossier City, LA 71111 | LA | 2004-06 | $95,126 |
| 5 | Xi Theta Omega Foundation | P O Box 150301, Arlington, TX 76015 | TX | 2005-04 | $37,925 |
| 6 | Womens Success Network | 67 Fox Run Rd, Bellingham, MA 02019 | MA | 2002-03 | $36,100 |
| 7 | Sibi Foundation | 2940 Chestnut Dr, Waldorf, MD 20603-5962 | MD | 2008-04 | $1,100 |
| 8 | Cove Creek High School Class Of 1955 Memorial Scholarship Fund | PO BOX 234, Sugar Grove, NC 28679-0234 | NC | 2000-08 | $1 |
| 9 | Aaron P Stahl Memorial Fund | 40 Shenandoah Dr, Newark, DE 19711-3767 | DE | 2001-11 | $0 |
| 10 | Attica Community Foundation | P O Box 414, Attica, KS 67009 | KS | 2007-11 | $0 |
| 11 | Bobby Phills Educational Awareness Foundation Inc | 6053 Willow Glen Dr, Baton Rouge, LA 70809-3879 | LA | 2000-07 | $0 |
| 12 | Esperanza Education Project Inc | 2247 Maurice Ave, La Crescenta, CA 91214 | CA | 2007-12 | $0 |
| 13 | Florissant Elks Benevolent Association Inc | 16400 New Halls Ferry Rd, St Louis, MO 63031-1132 | MO | 2006-10 | $0 |
| 14 | Gary Jthompson Memorial Scholarship Fund Inc | 11931 Travis Path, San Antonio, TX 78253 | TX | 2011-02 | $0 |
| 15 | International Student Advisory Inc | 11400 Rockbridge Rd, Silver Spring, MD 20902-3242 | MD | 2002-07 | $0 |
| 16 | Kashmir Education Foundation Inc | Po Box 1894, Douglasville, GA 30133 | GA | 2003-06 | $0 |
| 17 | Kathy Ramone Music Scholarship Foundation | 165 E Washington Row, Sandusky, OH 44870-2610 | OH | 1999-12 | $0 |
| 18 | Kiwanis Charities Of South Platte | 5701 Nw Hutson Rd, Kansas City, MO 64151-2833 | MO | 2001-11 | $0 |
| 19 | Me-Mfon Essien Foundation Inc | 1920 Burnwood Road, Baltimore, MD 21239 | MD | 2003-07 | $0 |
| 20 | Put The Meat On The Table Inc | 7880 Whisper Wood Way, Sacramento, CA 95823-4746 | CA | 2003-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Cove Creek High School Class Of 1955 Memorial Scholarship Fund »
Non-representatives - add comments about Cove Creek High School Class Of 1955 Memorial Scholarship Fund»