Intermedia Foundation Inc in Cresskill, New Jersey (NJ)

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Intermedia Foundation Inc
Employer Identification Number (EIN)136275106
Name of OrganizationIntermedia Foundation Inc
Address111 Madison Ave, Cresskill, NJ 07626-2012
ActivitiesOther cultural or historical activities, Gifts, grants, or loans to other organizations, Other school related activities
SubsectionCharitable Organization, Educational Organization
Ruling Date09/1968
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$94,085
Amount of Income$139,016
Form 990 Revenue Amount$139,016


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$54,100$66,050$139,016
Contributions, gifts, grants, and similar amounts received$54,100$66,050$139,016
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$50,333$118,914$153,771
Total net assets$59,467$6,603$94,085
Excess/Deficit for the year$3,767$-52,864$-14,755
Net assets or fund balances at beginning of year$55,700$59,467$108,840
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$6,603$93,315
Balance Sheets
201120122013
Total assets$59,467$6,603$94,085
Total liabilities$0$0$0
Net assets or fund balances$59,467$6,603$94,085
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
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?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
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: (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 supported0
Sum of amounts of support$0
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