Ivy Community Service Foundation Of Cary Inc in Cary, North Carolina (NC)
Table of contents:
| Ivy Community Service Foundation Of Cary Inc | |
| Employer Identification Number (EIN) | 562110527 |
| Name of Organization | Ivy Community Service Foundation Of Cary Inc |
| In Care of Name | Rosemary King |
| Address | PO BOX 5823, Cary, NC 27512-5823 |
| Subsection | Charitable Organization |
| Ruling Date | 05/1999 |
| 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 | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $94,002 |
| Amount of Income | $64,239 |
| Form 990 Revenue Amount | $45,254 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Kindergarten, Preschool, Nursery School, Early Admissions |
Non-representatives - add comments:
Amount of income in 2013: $64,239 (it was $64,753 in 2012)
| Ivy Community Service Foundation Of Cary Inc: | $64,239 |
| Other organizations performing similar types of work: | $223,883 |
Assets in 2013: $94,002 (it was $83,888 in 2012)
| This organization: | $94,002 |
| Other organizations performing similar types of work: | $52,124 |
Expenses in 2013: $35,139
| Ivy Community Service Foundation Of Cary Inc: | $35,139 |
| Other organizations performing similar types of work: | $227,146 |
Income to expenses ratio in 2013: 1.8
| This organization: | 1.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 62.9%
| Ivy Community Service Foundation Of Cary Inc: | 62.9% |
| Other organizations performing similar types of work: | 2.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $41,437 | $45,534 | $45,254 |
| Contributions, gifts, grants, and similar amounts received | $23,733 | $26,152 | $28,482 |
| Program service revenue including government fees and contracts | $246 | $0 | $1,040 |
| Membership dues and assessments | $2,190 | $2,535 | $2,625 |
| Investment income | $23 | $28 | $42 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $15,245 | $16,819 | $13,065 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $35,185 | $36,038 | $32,050 |
| Less: direct expenses from gaming and fundraising events | $19,940 | $19,219 | $18,985 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $18,970 | $33,920 | $35,139 |
| Total net assets | $72,274 | $83,888 | $94,002 |
| Excess/Deficit for the year | $22,467 | $11,614 | $10,114 |
| Net assets or fund balances at beginning of year | $49,807 | $72,274 | $83,888 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $83,888 | $94,002 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $72,274 | $83,888 | $94,002 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $72,274 | $83,888 | $94,002 |
| 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: (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 | $285,315 |
| Subtotal | $285,315 |
| Gifts, grants, contributions, and membership fees received | $121,463 |
| 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 | $163,853 |
| 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 | $285,420 |
| Public support | $285,315 |
| Subtotal | $105 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $105 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
4th Branch in Cary, NC
  |
|
Flora Macdonald Legacy Foundation in Cary, 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 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | York Avenue Preschool And Kindergarten | 1520 York Avenue, New York, NY 10028-7008 | NY | 2001-02 | $2,737,345 |
| 2 | Charlotte Jewish Preschool Inc | 5007 Providence Rd Ste 109, Charlotte, NC 28226-5907 | NC | 2012-02 | $1,663,665 |
| 3 | Ruby Reid Child Development Center Inc | 222 Capcom Ave, Wake Forest, NC 27587-6509 | NC | 2004-01 | $849,308 |
| 4 | Charlotte Early Education Services Inc, Charlotte Child Development Center | 1235 E Blvd Ste 243, Charlotte, NC 28203-5870 | NC | 2015-01 | $534,552 |
| 5 | West Forsyth Christian Preschool | PO BOX 670, Lewisville, NC 27023-0670 | NC | 2009-04 | $417,845 |
| 6 | Leap Frog Academy Learning Center | 4065 Premier Dr, High Point, NC 27265-8143 | NC | 2010-06 | $264,566 |
| 7 | The Hillel School | 7410 Falls Of Neuse Rd, Raleigh, NC 27615-5315 | NC | 2014-09 | $226,056 |
| 8 | Christ Preschool | 369 Air Harbor Rd, Greensboro, NC 27455-9280 | NC | 2014-08 | $215,148 |
| 9 | Grace House | 360 Hopkins Rd, Kernersville, NC 27284-9373 | NC | 2014-06 | $136,473 |
| 10 | Durham Community Preschool | 304 E Trinity Ave, Durham, NC 27701-1947 | NC | 2011-09 | $126,868 |
| 11 | First Presbyterian Preschool Of Morehead City Nc Inc | 1604 Arendell St, Morehead City, NC 28557-4038 | NC | 2010-05 | $122,086 |
| 12 | Covenant Community School Inc | 317 S Chester St, Gastonia, NC 28052-3803 | NC | 2014-01 | $104,630 |
| 13 | Sharon United Methodist Church Weekday School Inc | 4411 Sharon Rd, Charlotte, NC 28211-3520 | NC | 2009-04 | $97,122 |
| 14 | Davidson Preschool Inc | 2791 West Center Street Ext Suite A, Lexington, NC 27295-5560 | NC | 2011-07 | $82,680 |
| 15 | Latino Educational Achievement Partnership | 1737 Hillandale Rd, Durham, NC 27705-3045 | NC | 2014-08 | $81,938 |
| 16 | Tutorial 1-2 Christian School | 3026 Wake Forest Highway, Durham, NC 27703 | NC | 2003-06 | $70,200 |
| 17 | Greensboro New School Incorporated | 1108 Portland Street, Greensboro, NC 27403 | NC | 2011-06 | $64,921 |
| 18 | Wee Care Childrens Enrichmentprogram Inc, Wee Care | PO BOX 30413, Raleigh, NC 27622-0413 | NC | 2007-09 | $58,483 |
| 19 | Abundant Life Child Care Center | 921 Carolina St E, Wilson, NC 27893-5413 | NC | 2006-10 | $0 |
| 20 | Academy Community Child Development | Po Box 37, Roduco, NC 27969 | NC | 2007-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,714 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Ivy Community Service Foundation Of Cary Inc »
Non-representatives - add comments about Ivy Community Service Foundation Of Cary Inc»