Nebraska City Public Schools Foundation Inc in Nebraska City, Nebraska (NE)

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Nebraska City Public Schools Foundation Inc
Employer Identification Number (EIN)470746454
Name of OrganizationNebraska City Public Schools Foundation Inc
In Care of NameDonald Loselle
Address215 N 12th St, Nebraska City, NE 68410-2064
SubsectionCharitable Organization
Ruling Date03/1992
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$302,055
Amount of Income$155,205
Form 990 Revenue Amount$155,205


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$110,962$87,029$155,205
Contributions, gifts, grants, and similar amounts received$70,797$55,574$109,367
Program service revenue including government fees and contracts$34,151$25,836$37,006
Membership dues and assessments$0$0$0
Investment income$1,719$1,416$3,523
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$4,295$4,203$5,309
Total expenses$81,415$124,587$196,196
Total net assets$277,794$240,236$286,287
Excess/Deficit for the year$29,547$-37,558$-40,991
Net assets or fund balances at beginning of year$248,247$277,794$327,278
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$286,287
Balance Sheets
2010201120122013
Total assets$304,965$263,908$347,212$302,055
Total liabilities$27,171$23,672$19,934$15,768
Net assets or fund balances$277,794$240,236$286,287
Other Information
2010201120122013
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 activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
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$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
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$603,401
Subtotal Support$603,401
Gifts, grants, contributions, and membership fees received$603,401
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$796,137
Public Support$603,401
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$10,598
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$182,138
Gross receipts from related activities, etc.$0
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