Central Valley Central School District Foundation in Ilion, New York (NY)
Table of contents:
| Central Valley Central School District Foundation | |
| Employer Identification Number (EIN) | 161487019 |
| Name of Organization | Central Valley Central School District Foundation |
| In Care of Name | Joann Duga |
| Address | PO BOX 480, Ilion, NY 13357-0480 |
| Activities | Other student aid |
| Subsection | Charitable Organization |
| Ruling Date | 01/1998 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $241,575 |
| Amount of Income | $23,512 |
| Form 990 Revenue Amount | $15,977 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Student Services, Organizations of Students |
Non-representatives - add comments:
Amount of income in 2013: $23,512 (it was $66,146 in 2012)
| Central Valley Central School District Foundation: | $23,512 |
| Other organizations performing similar types of work: | $131,224 |
Assets in 2013: $241,575 (it was $235,382 in 2012)
| This organization: | $241,575 |
| Other organizations performing similar types of work: | $127,246 |
Expenses in 2013: $9,784
| This organization: | $9,784 |
| Other organizations performing similar types of work: | $99,176 |
Income to expenses ratio in 2013: 2.4
| This organization: | 2.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 9.5%
| Central Valley Central School District Foundation: | 9.5% |
| Other organizations performing similar types of work: | 20.6% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $19,749 | $25,572 | $15,977 |
| Contributions, gifts, grants, and similar amounts received | $4,107 | $2,311 | $1,515 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $4,404 | $4,188 | $6,981 |
| Gain/Loss from sale of assets other than inventory | $647 | $4,640 | $4,527 |
| Gross amount from sale of assets other than inventory | $7,161 | $39,276 | $6,824 |
| Less: cost or other basis and sales expenses | $6,514 | $34,636 | $2,297 |
| Net income/loss from gaming and fundraising events | $10,591 | $14,433 | $2,954 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $15,565 | $20,371 | $8,192 |
| Less: direct expenses from gaming and fundraising events | $4,974 | $5,938 | $5,238 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $14,557 | $13,324 | $9,784 |
| Total net assets | $222,559 | $235,382 | $241,575 |
| Excess/Deficit for the year | $5,192 | $12,248 | $6,193 |
| Net assets or fund balances at beginning of year | $217,367 | $222,559 | $235,382 |
| Other changes in net assets or fund balances | $0 | $575 | $0 |
| Net assets or fund balances at end of year | $235,382 | $241,575 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $222,559 | $235,382 | $241,575 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $222,559 | $235,382 | $241,575 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | Yes | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| 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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $90,924 |
| Subtotal | $90,924 |
| Gifts, grants, contributions, and membership fees received | $19,148 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $71,776 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $118,966 |
| Public support | $90,924 |
| Subtotal | $28,042 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $28,042 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Student Association At The State University Of Ny At Binghamton, Binghamton | PO BOX 6000, Binghamton, NY 13902-6000 | NY | 1993-04 | $3,656,328 |
| 2 | Zeta Psi Educational Foundation | 15 S Henry St, Pearl River, NY 10965-2603 | NY | 1949-03 | $2,209,508 |
| 3 | Student Government St Johns Queens Campus Inc | 8000 Utopia Pkwy, Jamaica, NY 11439-9000 | NY | 1998-02 | $1,385,624 |
| 4 | United Students Government Service Group Inc | 1300 Elmwood Ave, Buffalo, NY 14222-1004 | NY | 1976-08 | $1,345,818 |
| 5 | Student Association Of Suny At Plattsburgh | 101 Broad St, Plattsburgh, NY 12901-2637 | NY | 1998-03 | $993,431 |
| 6 | St Johns Community Housing Development Fund Corp | 475 Riverside Dr Ste 1244, New York, NY 10115-0046 | NY | 1992-02 | $978,051 |
| 7 | Student Government State Universit Y Of New York College | 106 Suffolk Circle, Cobleskill, NY 12043 | NY | 1977-12 | $604,461 |
| 8 | Student Govt Assoc Of The St Univ Of Ny College Of Tech At Canton | 34 Cornell Dr, Canton, NY 13617-1037 | NY | 1976-12 | $596,243 |
| 9 | Student Government Organization Agricultural & Technical College S | Suny Morrisville, Morrisville, NY 13408 | NY | 1956-01 | $498,467 |
| 10 | Pittsford Central School District Foundation Inc, Keeping Education Extraordinary In Pittsford | 99 Garnsey Road, Pittsford, NY 14534 | NY | 1993-06 | $474,039 |
| 11 | Student Government St Johns Staten Island Campus Inc | 300 Howard Ave, Staten Island, NY 10301-4450 | NY | 1993-05 | $100,829 |
| 12 | Becker Foundation | Oconnell And Aronowitz 54 State Street, Albany, NY 12207-2501 | NY | 1996-10 | $670 |
| 13 | Hoosick Township Historical Society Foundation Inc | PO BOX 536, Hoosick Falls, NY 12090-0536 | NY | 1998-12 | $305 |
| 14 | 100 Percent Drug Free Club Inc | State Univ Of Ny, Stony Brook, NY 11794-0001 | NY | 1992-01 | $0 |
| 15 | Believe In Me Foundation | 420 E 55th St, New York, NY 10022-5139 | NY | 1993-08 | $0 |
| 16 | Brighton Football Boosters Inc | 74 Westland Ave, Rochester, NY 14618 | NY | 1998-03 | $0 |
| 17 | Charge Incorporated | 277 Broadway Ste 1400, New York, NY 10007-2001 | NY | 1995-10 | $0 |
| 18 | Fanny Brice Enterprises Ltd | Fsa At Stony Brook University Sb Union No 250, Stony Brook, NY 11794 | NY | 1996-04 | $0 |
| 19 | Farm On Wheels Inc | 1146 Troy Schenectady Rd, Latham, NY 12110-1006 | NY | 1998-03 | $0 |
| 20 | Friends Of Music Of Shenendehowa Inc | Po Box 1164, Clifton Park, NY 12065 | NY | 1994-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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