Sepp Foundation Inc, Deorazio Richard in Binghamton, New York (NY)
Table of contents:
| Sepp Foundation Inc, Deorazio Richard | |
| Employer Identification Number (EIN) | 043618159 |
| Name of Organization | Sepp Foundation Inc |
| Secondary Name | Deorazio Richard |
| In Care of Name | Anthony Fiala |
| Address | 53 Front Street, Binghamton, NY 13905-4742 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $5,033 |
| Amount of Income | $16,810 |
| Form 990 Revenue Amount | $13,866 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2013: $16,810 (it was $15,337 in 2012)
| Sepp Foundation Inc, Deorazio Richard: | $16,810 |
| Other organizations performing similar types of work: | $248,660 |
Assets in 2013: $5,033 (it was $11,737 in 2012)
| Sepp Foundation Inc, Deorazio Richard: | $5,033 |
| Other organizations performing similar types of work: | $1,157,889 |
Expenses in 2013: $19,973
| This organization: | $19,973 |
| Other organizations performing similar types of work: | $134,668 |
Income to expenses ratio in 2013: 0.8
| This organization: | 0.8 |
| Other organizations performing similar types of work: | 0.2 |
Grants share in income in 2013: 56.3%
| Sepp Foundation Inc, Deorazio Richard: | 56.3% |
| Other organizations performing similar types of work: | 4.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $12,815 | $7,832 | $12,120 | $13,866 |
| Contributions, gifts, grants, and similar amounts received | $2,649 | $3,735 | $4,873 | $7,808 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $3 | $1 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $4,901 | $0 | $7,244 | $6,057 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $9,749 | $0 | $10,461 | $9,001 |
| Less: direct expenses from gaming and fundraising events | $4,848 | $0 | $3,217 | $2,944 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $5,265 | $4,097 | $0 | $0 |
| Total expenses | $26,225 | $15,855 | $6,748 | $19,973 |
| Total net assets | $4,541 | $-3,482 | $2,733 | $-3,374 |
| Excess/Deficit for the year | $-13,410 | $-8,023 | $5,372 | $-6,107 |
| Net assets or fund balances at beginning of year | $17,951 | $4,541 | $-3,482 | $2,733 |
| Other changes in net assets or fund balances | $0 | $0 | $843 | $0 |
| Net assets or fund balances at end of year | $4,541 | $2,733 | $-3,374 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $6,734 | $5,138 | $11,737 | $5,033 |
| Total liabilities | $2,193 | $8,620 | $9,004 | $8,407 |
| Net assets or fund balances | $4,541 | $-3,482 | $2,733 | $-3,374 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $22,312 |
| Subtotal Support | $22,312 |
| Gifts, grants, contributions, and membership fees received | $22,312 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $22,319 |
| Public Support | $22,312 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $7 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $26,043 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
Romulus Club Inc in Buffalo, NY
 |
| Clarendon Historical Society in Clarendon, NY |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
| The Bridge Inc in New York, NY |
|
Gateway Youth Outreach Inc in Elmont, NY
|
|
Lucis Trust And Arcane School in New York, NY
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Jhl Corporate Services Inc | 120 W 106th St, New York, NY 10025-3923 | NY | 2009-03 | $20,833,651 |
| 2 | Broadway Housing Communities Foundation Inc | 583 Riverside Drive, New York, NY 10031-8346 | NY | 2012-10 | $18,870,850 |
| 3 | Lofts Apartments Acquisition Llc | PO BOX 5005, New York, NY 10163-5005 | NY | 2014-08 | $5,195,218 |
| 4 | Gateway Commerce Westway Llc | PO BOX 5005, New York, NY 10163-5005 | NY | 2015-04 | $1,892,450 |
| 5 | Jasa Housing Management Services For The Aged Inc | 132 West 31st Street 10th Floor, New York, NY 10001 | NY | 2006-10 | $1,674,216 |
| 6 | Pines At Narragansett Housing Development Fund Company Inc | 19 Narragansett Ave, Ossining, NY 10562-2843 | NY | 2014-08 | $942,890 |
| 7 | Rockland Mha Holding Inc | 140 Route 303 Ste A, Vly Cottage, NY 10989-5907 | NY | 2011-02 | $493,872 |
| 8 | Sunset Home Of Utica Foundation | 118 Genesee Street, New Hartford, NY 13413-2358 | NY | 2001-04 | $374,447 |
| 9 | Cny Affordable Realty Inc | 990 James St Ste 100, Syracuse, NY 13203-2880 | NY | 2013-02 | $198,329 |
| 10 | Restoring Communities Housing Development Fund Corporation | 150 Broadway Rm 2101, New York, NY 10038-4484 | NY | 2013-05 | $47,514 |
| 11 | Sepp Foundation Inc, Deorazio Richard | 53 Front Street, Binghamton, NY 13905-4742 | NY | 2002-10 | $16,810 |
| 12 | Cheerful Givers Inc | 2219 Crompond Rd, Yorktown Hts, NY 10598-3735 | NY | 2014-12 | $9,512 |
| 13 | Sha Development Foundation | 516 Burt St, Syracuse, NY 13202-3915 | NY | 2006-06 | $450 |
| 14 | St Johnland Residences Ii Inc | 395 Sunken Meadow Road, Kings Park, NY 11754 | NY | 2012-09 | $11 |
| 15 | Extra Place Housing Development Fund Corporation | 902 Broadway - 13fl, New York, NY 10010 | NY | 2013-08 | $0 |
| 16 | La Puerta De Vitalidad Housing Development Fund Corporation | 902 Broadway - 13 Fl, New York, NY 10010 | NY | 2014-09 | $0 |
| 17 | Long Island Campaign For Affordable Rental Housing Inc | Po B Ox 687, Northport, NY 11768 | NY | 2006-10 | $0 |
| 18 | Urban Center For Change Housing Development Fund Corporation | 75 Broad St 5th Fl, New York, NY 10004-2415 | NY | 2014-08 | $0 |
| 19 | West Brighton Residentaltenants Association | 780 Henderson Avenue Suite 4-D, Staten Island, NY 10310-1323 | NY | 2014-08 | $0 |
| 20 | Westchester Prayer Group Association | 353 Mile Square Road, Yonkers, NY 10701 | NY | 2007-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 237 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Sepp Foundation Inc, Deorazio Richard »
Non-representatives - add comments about Sepp Foundation Inc, Deorazio Richard»