Richard Abruzzo Foundation Inc in Albuquerque, New Mexico (NM)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in New Mexico
| Richard Abruzzo Foundation Inc | |
| Employer Identification Number (EIN) | 453413990 |
| Name of Organization | Richard Abruzzo Foundation Inc |
| In Care of Name | Nancy Abruzzo |
| Address | 11 Sandia Heights Dr Ne, Albuquerque, NM 87122-2009 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2013 |
| 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 | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $45,906 |
| Amount of Income | $98,705 |
| Form 990 Revenue Amount | $98,705 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Educational Services and Schools - Other |
Non-representatives - add comments:
Revenue for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $98,705 | $0 | $92,705 | |
| Contributions, gifts, grants, etc., received | $6,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $92,705 | |||
| Total expenses and disbursements | $52,799 | $0 | $51,875 | $924 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $52,799 | $0 | $924 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $45,906 | |||
| Net investment income | $0 | |||
| Adjusted net income | $40,830 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $45,906 | $45,906 |
| Cash - non-interest-bearing | $45,906 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $45,906 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $33,617 |
| Net value of noncharitable-use assets | $33,120 |
| Minimum investment return | $1,656 |
| Distributable Amount (for 2012) | |
| Distributable amount | $1,656 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $1,656 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $732 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Pet-A-Bulls Inc in Albuquerque, NM |
Indian Moon Neighborhood Association in Albuquerque, NM
 |
City Of Refuge Foundation in Albuquerque, NM
 |
|
Barelas Resident Council in Albuquerque, NM
|
|
Johnny O Perea Foundation For Asbestos Education & Relief, Johnny O Perea Foundation Jopf in Albuquerque, NM
|
|
Knights Of Columbus in Albuquerque, NM
|
| Heaven Bound Ministries in Albuquerque, NM |
Ruidoso Downs Racetrack Chaplaincy, Race Track Chapel in Ruidoso Downs, NM
 |
|
Kinteel Residential Campus Inc, Aztec Dormitory Inc in Aztec, NM
|
|
San Juan Fly Fishing Federation in Farmington, NM
|
| Other organizations in New Mexico | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Raised By Wolves Inc | PO BOX 3127, Thoreau, NM 87323 | NM | 1998-01 | $0 |
| 2 | Red River Historical Society | P O Box 384, Red River, NM 87558-0384 | NM | 1984-07 | $2,773 |
| 3 | Red Sea Ministries | 5200 Constitution Ne, Albuquerque, NM 87110 | NM | 2007-10 | $0 |
| 4 | Redemption Church | 4100 Southem Blvd Se Suite 1-A, Rio Rancho, NM 87124 | NM | 2013-01 | $0 |
| 5 | Reflections Ministries | Po Box 721, Roswell, NM 88202 | NM | 2009-04 | $77,145 |
| 6 | Rein Dance Association Inc | 26 Rd 3450, Flora Vista, NM 87415 | NM | 2013-04 | $0 |
| 7 | Resources For Change Policy Works | Po Box 720, Cerrillos, NM 87010 | NM | 2012-08 | $0 |
| 8 | Reunity Resources | 1000 Cordova Place 650, Santa Fe, NM 87505 | NM | 2011-11 | $0 |
| 9 | Rf Fun Dation | 2915 Agua Fria St, Santa Fe, NM 87507 | NM | 2005-03 | $0 |
| 10 | Rgh Foundation Inc | Po Box 1261, Portales, NM 88130 | NM | 2012-12 | $0 |
| 11 | Richard Abruzzo Foundation Inc | 11 Sandia Heights Dr Ne, Albuquerque, NM 87122-2009 | NM | 2013-01 | $98,705 |
| 12 | Rio Bonito Preserve Inc | Hwy 380 Mile Post 99 1/2, Lincoln, NM 88338-0023 | NM | 2002-03 | $0 |
| 13 | Rio Grande Players Incorporated | 6501 San Antonio Dr Ne Unit 4501, Albuquerque, NM 87109 | NM | 2013-02 | $0 |
| 14 | Rio Grande Return | 1704b Llano Street Unit 347, Santa Fe, NM 87505 | NM | 2007-05 | $0 |
| 15 | Rio Grande Turtle & Tortoise Club | Po Box 20836, Albuquerque, NM 87154-0836 | NM | 2007-06 | $0 |
| 16 | Rio Lightning Inc | 2504 Garden Rd Ne, Rio Rancho, NM 87124 | NM | 2013-04 | $0 |
| 17 | Road Runner Voiture Local No 1534 Of Grande Voiture Of New Mexico | 11005 Central Ave Ne, Albuquerque, NM 87123 | NM | 2012-11 | $0 |
| 18 | Robert E Bobby Binion Jr Memorial | Po Box 171, Tierra Amarilla, NM 87575 | NM | 1997-12 | $0 |
| 19 | Robert L Holmes Memorial Basketball Scholarship Fund | 2418 E Historic Hwy Suite 222, Gallup, NM 87301 | NM | 2012-04 | $100,000 |
| 20 | Rock And Rhythm Foundation | Po Box 36791, Albuquerque, NM 87176 | NM | 2013-02 | $0 |
Organization representatives - add corrected or new information about Richard Abruzzo Foundation Inc »
Non-representatives - add comments about Richard Abruzzo Foundation Inc»