Other school related activities, Professional association
Subsection
Charitable Organization
Ruling Date
02/1955
Deductibility
Contributions are deductible
Foundation
Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Organization
Trust
Exempt Organization Status
Unconditional Exemption
Tax Period
12/2013
Assets
$1,000,000 to $4,999,999
Income
$25,000 to $99,999
Filing Requirement
990 (all other) or 990EZ return
Asset Amount
$2,033,479
Amount of Income
$73,828
Form 990 Revenue Amount
$73,828
National Taxonomy of Exempt Entities (NTEE)
Educational Institutions and Related Activities:
Non-representatives - add comments:
Amount of income in 2013: $73,828 (it was $80,426 in 2012)
Henry Spenadel Fund For The Advancement Of Education In
$73,828
Other organizations performing similar types of work:
$73,828
Assets in 2013: $2,033,479 (it was $1,877,694 in 2012)
This organization:
$2,033,479
Other organizations performing similar types of work:
$1,438,625
Expenses in 2012: $83,355
This organization:
$83,355
Other organizations performing similar types of work:
$83,355
Income to expenses ratio in 2012: 0.9
Henry Spenadel Fund For The Advancement Of Education In
0.9
Other organizations performing similar types of work:
1.7
Grants share in income in 2012: 100.0%
Henry Spenadel Fund For The Advancement Of Education In
100.0%
Other organizations performing similar types of work:
73.1%
Financial snapshot ($)
Revenue for 2012
Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue
$80,426
Contributions, Gifts, Grants and Other Similar Amounts
$80,401
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
$0
Net income from gaming activities
$0
Net income from sales of inventory
$0
Miscellaneous Revenue
$25
Statement of Functional Expenses (for 2012)
Total functional expenses
$83,355
Compensation of current officers, directors, trustees, and key employees
$0
Other salaries and wages
$0
Payroll taxes
$0
Professional fundraising services
$0
Other
$83,355
Balance Sheet (for 2012)
Total assets
$1,877,694
Total liabilities
$4,550
Tax-exempt bond liabilities
$0
Secured mortgages and notes payable to unrelated third parties
$0
Unsecured notes and loans payable to unrelated third parties
$0
Other
$4,550
Total net assets or fund balances
$1,873,144
Retained earnings, endowment, accumulated income, or other funds
$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Organization representatives - add corrected or new information about Henry Spenadel Fund For The Advancement Of Education In
Non-representatives - add comments about Henry Spenadel Fund For The Advancement Of Education In