West Point-Beemer Schools Foundation Inc in West Point, Nebraska (NE)
Table of contents:
West Point-Beemer Schools Foundation Inc | |
Employer Identification Number (EIN) | 261473273 |
Name of Organization | West Point-Beemer Schools Foundation Inc |
Address | PO BOX 221, West Point, NE 68788-0221 |
Subsection | Charitable Organization |
Ruling Date | 03/2009 |
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 | 06/2014 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $211,086 |
Amount of Income | $97,849 |
Form 990 Revenue Amount | $91,419 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2014: $97,849 (it was $52,779 in 2013)
West Point-Beemer Schools Foundation Inc: | $97,849 |
Other organizations performing similar types of work: | $74,829 |
Assets in 2014: $211,086 (it was $167,182 in 2013)
West Point-Beemer Schools Foundation Inc: | $211,086 |
Other organizations performing similar types of work: | $36,669 |
Expenses in 2014: $47,515
This organization: | $47,515 |
Other organizations performing similar types of work: | $48,324 |
Income to expenses ratio in 2014: 2.1
West Point-Beemer Schools Foundation Inc: | 2.1 |
Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2014: 88.7%
West Point-Beemer Schools Foundation Inc: | 88.7% |
Other organizations performing similar types of work: | 3.5% |
Revenue for 2014
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total revenue | $53,893 | $62,783 | $42,209 | $91,419 |
Contributions, gifts, grants, and similar amounts received | $50,457 | $56,060 | $37,915 | $81,060 |
Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 | $0 |
Investment income | $681 | $745 | $1,229 | $1,219 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $505 | $5,969 | $3,065 | $9,140 |
Gross income from gaming | $0 | $0 | $0 | $0 |
Gross income from fundraising events | $9,892 | $13,684 | $13,635 | $15,570 |
Less: direct expenses from gaming and fundraising events | $9,387 | $7,715 | $10,570 | $6,430 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
Other revenue | $2,250 | $9 | $0 | $0 |
Total expenses | $57,170 | $56,244 | $56,351 | $47,515 |
Total net assets | $174,785 | $181,324 | $167,182 | $211,086 |
Excess/Deficit for the year | $-3,277 | $6,539 | $-14,142 | $43,904 |
Net assets or fund balances at beginning of year | $178,062 | $174,785 | $181,324 | $167,182 |
Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
Net assets or fund balances at end of year | $167,182 | $211,086 |
Balance Sheets | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total assets | $174,785 | $181,324 | $167,182 | $211,086 |
Total liabilities | $0 | $0 | $0 | $0 |
Net assets or fund balances | $174,785 | $181,324 | $167,182 | $211,086 |
Other Information | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
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 | 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 | $0 |
Gross receipts for public use of club facilities | $0 | $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 2014) | |
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 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public Support | $304,004 |
Subtotal Support | $304,004 |
Gifts, grants, contributions, and membership fees received | $304,004 |
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 | $331,779 |
Public Support | $304,004 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $4,989 |
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 | $22,786 |
Gross receipts from related activities, etc. | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Scago Educational Facilities Corporation For Spartanburg School | 100 N Danzler Rd, Duncan, SC 29334-9380 | SC | 2008-08 | $10,595,942 |
2 | The Visual Arts Center Of Richmond | 1812 W Main St, Richmond, VA 23220-4520 | VA | 1966-08 | $1,752,921 |
3 | San Marcos Baptist Academy Foundation | 2801 Ranch Road 12, San Marcos, TX 78666-2433 | TX | 1964-12 | $29,104 |
4 | Nebraska Christian Schools Foundation | 1847 Inskip Ave, Central City, NE 68826-8008 | NE | 2011-04 | $173,184 |
5 | Paul Adams Elementary Parent Teacher Organization | 7401 Jacobs Creek Dr, Lincoln, NE 68512-9548 | NE | 2010-09 | $133,572 |
6 | Cornerstone Cougars Inc, Cornerstone Christian School | 3704 370 Plz, Bellevue, NE 68123-1206 | NE | 2013-02 | $106,314 |
7 | Parent Booster Usa Inc, Bellevue East Hs Band Boosters | 1401 High School Dr, Bellevue, NE 68005-3275 | NE | 2005-10 | $104,248 |
8 | West Point-Beemer Schools Foundation Inc | PO BOX 221, West Point, NE 68788-0221 | NE | 2009-03 | $97,849 |
9 | Parent Booster Usa Inc, Bellevue West Band Boosters | 1501 Thurston Ave, Bellevue, NE 68123-2498 | NE | 2005-10 | $87,230 |
10 | Verdigre Public School Foundation | 201 S 3rd St, Verdigre, NE 68783-6186 | NE | 2002-09 | $12,085 |
11 | Bennington Wrestling Club | 8103 N 164th St, Bennington, NE 68007 | NE | 2009-02 | $0 |
12 | Christian Education Foundation | 15555 W Dodge Rd, Omaha, NE 68154-2070 | NE | 2011-07 | $0 |
13 | Columbus Christian School Foundation Inc | Po Box 924, Columbus, NE 68601 | NE | 2011-04 | $0 |
14 | Deshler School District Foundation | PO BOX 311, Deshler, NE 68340 | NE | 1994-08 | $0 |
15 | Grace Abbott Elementary School Pto | 1313 North 156th Street, Omaha, NE 68118 | NE | 2010-12 | $0 |
16 | Hasuk Rotary Hospital Foundation | PO BOX 6, Gibbon, NE 68840 | NE | 2001-09 | $0 |
17 | Hershey Public School Educational Foundation | Po Box 160, Hershey, NE 69143 | NE | 2002-11 | $0 |
18 | Lincoln Education Association Foundation | 4920 Normal Blvd, Lincoln, NE 68506-6316 | NE | 2003-02 | $0 |
19 | Malcolm Boosters | 2195 144th Dr, Raymond, NE 68428 | NE | 2011-08 | $0 |
20 | Millard North High School Band Boosters Inc | 1010 North 144th Street, Omaha, NE 68154 | NE | 2014-05 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 7,349 |
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