Red River Technology Foundation in Claremont, New Hampshire (NH)

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Red River Technology Foundation
Employer Identification Number (EIN)263579377
Name of OrganizationRed River Technology Foundation
In Care of NameRichard Bolduc
Address21 Water St Ste 500, Claremont, NH 03743-2247
SubsectionCharitable Organization
Ruling Date02/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$117,605
Amount of Income$81,291
Form 990 Revenue Amount$56,141
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Educational Services and Schools - Other


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$24,203$39,448$56,141
Contributions, gifts, grants, and similar amounts received$4,082$9,458$47,610
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$472$421$406
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$19,649$29,569$8,125
Gross income from gaming$0$0$0
Gross income from fundraising events$41,450$53,675$33,275
Less: direct expenses from gaming and fundraising events$21,801$24,106$25,150
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$4,674$22,617$31,085
Total net assets$61,658$78,489$103,930
Excess/Deficit for the year$19,529$16,831$25,056
Net assets or fund balances at beginning of year$42,129$61,658$78,489
Other changes in net assets or fund balances$0$0$385
Net assets or fund balances at end of year$103,930
Balance Sheets
201120122013
Total assets$61,658$78,489$117,605
Total liabilities$0$0$13,675
Net assets or fund balances$61,658$78,489$103,930
Other Information
201120122013
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?No
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?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 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$33,297
Subtotal Support$68,350
Gifts, grants, contributions, and membership fees received$68,350
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$35,053
Total Support$247,356
Public Support$68,350
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,581
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$177,425
Gross receipts from related activities, etc.$0
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