Madison Society Foundation Inc in Groveland, California (CA)

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Madison Society Foundation Inc
Employer Identification Number (EIN)880488787
Name of OrganizationMadison Society Foundation Inc
In Care of NameVirgil J McVicker
AddressPo Box 373, Groveland, CA 95321
Websitehttp://www.madison-society.org
SubsectionCharitable Organization, Educational Organization
Ruling Date06/2001
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 Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$26,217
Amount of Income$40,904
Form 990 Revenue Amount$40,904
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$46,681
Contributions, gifts, grants, and similar amounts received$5,655
Program service revenue including government fees and contracts$0
Membership dues and assessments$7,624
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$33,402
Gross income from gaming$0
Gross income from fundraising events$41,784
Less: direct expenses from gaming and fundraising events$8,382
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$76,104
Total net assets$0
Deficit for the year$-29,423
Net assets or fund balances at beginning of year$29,423
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$0
Total liabilities$0
Net assets or fund balances$0
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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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