Millstone Township Foundation For Educational Excellence Inc, Mtfee in Clarksburg, New Jersey (NJ)

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Millstone Township Foundation For Educational Excellence Inc, Mtfee
Employer Identification Number (EIN)900851030
Name of OrganizationMillstone Township Foundation For Educational Excellence Inc
Secondary NameMtfee
AddressPO BOX 462, Clarksburg, NJ 08510-0462
SubsectionCharitable Organization
Ruling Date04/1998
DeductibilityContributions are not 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 Period06/2010
Assets$0
Income$0
Filing Requirement990 - Not required to file (all other)
Asset Amount$55,096
Amount of Income$19,158
Form 990 Revenue Amount$19,158


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Financial snapshot for 2010 ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2010)
Total revenue$19,158
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$19,158
Gross income from fundraising events$33,733
Less: direct expenses$14,575
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2010)
Total functional expenses$16,179
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$16,179
Balance Sheet (for 2010)
Total assets$55,096
Total liabilities$0
Total net assets or fund balances$55,096
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2010)
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
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