The Cora Foundation Inc in Syracuse, New York (NY)
Table of contents:
The Cora Foundation Inc | |
Employer Identification Number (EIN) | 161263983 |
Name of Organization | The Cora Foundation Inc |
In Care of Name | Syracuse Cultural Workers |
Address | PO BOX 6865, Syracuse, NY 13217-6865 |
Activities | "Unspecified" |
Subsection | Charitable Organization |
Ruling Date | 06/2009 |
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 | 06/2014 |
Assets | $100,000 to $499,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $123,613 |
Amount of Income | $123,200 |
Form 990 Revenue Amount | $113,565 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Cultural, Ethnic Awareness |
Non-representatives - add comments:
Amount of income in 2014: $123,200 (it was $92,778 in 2013)
This organization: | $123,200 |
Other organizations performing similar types of work: | $43,086 |
Assets in 2014: $123,613 (it was $109,482 in 2013)
The Cora Foundation Inc: | $123,613 |
Other organizations performing similar types of work: | $17,937 |
Expenses in 2014: $100,123
The Cora Foundation Inc: | $100,123 |
Other organizations performing similar types of work: | $32,859 |
Income to expenses ratio in 2014: 1.2
The Cora Foundation Inc: | 1.2 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 95.6%
This organization: | 95.6% |
Other organizations performing similar types of work: | 78.0% |
Revenue for 2014
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total revenue | $71,563 | $83,224 | $89,977 | $113,565 |
Contributions, gifts, grants, and similar amounts received | $69,032 | $77,654 | $87,515 | $108,526 |
Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 | $0 |
Investment income | $9 | $10 | $8 | $7 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $2,522 | $5,560 | $2,454 | $5,032 |
Gross sales of inventory, less returns and allowances | $6,413 | $10,498 | $5,255 | $14,667 |
Less: cost of goods sold | $3,891 | $4,938 | $2,801 | $9,635 |
Other revenue | $0 | $0 | $0 | $0 |
Total expenses | $71,788 | $78,917 | $79,061 | $100,123 |
Total net assets | $94,148 | $98,455 | $109,371 | $122,813 |
Excess/Deficit for the year | $-225 | $4,307 | $10,916 | $13,442 |
Net assets or fund balances at beginning of year | $94,373 | $94,148 | $98,455 | $109,371 |
Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
Net assets or fund balances at end of year | $98,455 | $109,371 | $122,813 |
Balance Sheets | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
Total assets | $94,309 | $98,511 | $109,482 | $123,613 |
Total liabilities | $161 | $56 | $111 | $800 |
Net assets or fund balances | $94,148 | $98,455 | $109,371 | $122,813 |
Other Information | ||||
2011 | 2012 | 2013 | 2014 | |
---|---|---|---|---|
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 | Yes | Yes | Yes | Yes |
Has the organization filed a Form 990-T for the year? | Yes | Yes | Yes | |
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 2014) | |
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 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public support | $388,224 |
Subtotal | $388,224 |
Gifts, grants, contributions, and membership fees received | $388,217 |
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 | $7 |
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 | $405,441 |
Public support | $388,224 |
Subtotal | $45 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $45 |
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 | $17,172 |
Other income | $0 |
Unrelated Trade or Business Income (for 2009) | |||
Income | Expenses | Net | |
---|---|---|---|
Total | $32,501 | $0 | $3,250 |
Gross receipts or sales less returns and allowances | $4,967 | $0 | $0 |
Cost of goods sold | $1,111 | $0 | $0 |
Gross profit | $3,250 | $0 | $0 |
Capital gain net income | $0 | $0 | $0 |
Net gain | $0 | $0 | $0 |
Capital loss deduction for trusts | $0 | $0 | $0 |
Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
Rent income | $0 | $0 | $0 |
Unrelated debt-financed income | $0 | $0 | $0 |
Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
Exploited exempt activity income | $0 | $0 | $0 |
Advertising income | $0 | $0 | $0 |
Other income | $0 | $0 | $0 |
Deductions Not Taken Elsewhere (for 2009) | |
Total deductions | $0 |
Compensation of officers, directors, and trustees | $0 |
Salaries and wages | $0 |
Repairs and maintenance | $0 |
Bad debts | $0 |
Interest | $0 |
Taxes and licenses | $0 |
Charitable contributions | $0 |
Depreciation | $0 |
Depletion | $0 |
Contributions to deferred compensation plans | $0 |
Employee benefit programs | $0 |
Excess exempt expenses | $0 |
Excess readership costs | $0 |
Other deductions | $0 |
Unrelated business taxable income | $2,250 |
Unrelated business taxable income before net operating loss deduction | $3,250 |
Net operating loss deduction | $0 |
Unrelated business taxable income before specific deduction | $3,250 |
Specific deduction | $1,000 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Salvadoran Alliance Of New York Inc, Sany | 303 Crooked Hill Rd, Brentwood, NY 11717-1022 | NY | 2007-12 | $81,900 |
2 | Turkish Cultural Center | 535 5th Avenue, New York, NY 10017-3620 | NY | 2007-05 | $1,923,665 |
3 | Chinese Community Center Of Flushing Inc | 43-17 Union Street Unit C, Flushing, NY 11355-3007 | NY | 2011-06 | $1,389,473 |
4 | Ukrainian-American Cultural Center Inc | 402 25th St, Watervliet, NY 12189-1916 | NY | 2014-01 | $967,746 |
5 | New Island Arts Inc | 260 W 44th St Ste 600, New York, NY 10036-3900 | NY | 2009-11 | $955,246 |
6 | Utpl-Ny Inc | 8658 Midland Pkwy, Jamaica, NY 11432-3042 | NY | 2002-03 | $756,615 |
7 | Friends Of The Italian Cultural Institute Of New York | 40 Central Park South, New York, NY 10019 | NY | 2012-03 | $725,389 |
8 | Artis Contemporary Israeli Art Fund Inc | 401 Broadway, New York, NY 10013-3005 | NY | 2010-06 | $670,164 |
9 | Ihf America Inc | 500 Mamaroneck Ave Ste 301, Harrison, NY 10528-1648 | NY | 2010-12 | $648,748 |
10 | 972 Fifth Avenue Fund Inc | 972 5th Ave, New York, NY 10075-0104 | NY | 2011-10 | $627,342 |
11 | Upstate New York Falun Dafa Assoc Inc | 18 Spyglass Hl, Fairport, NY 14450-4306 | NY | 2012-04 | $530,739 |
12 | Casa Belvedere The Italian Cultural Foundation Inc | 79 Howard Ave, Staten Island, NY 10301-4404 | NY | 2009-06 | $477,060 |
13 | Societa Beato Angelo Dacri Di M S Inc | 6225 16th Avenue, Brooklyn, NY 11204 | NY | 2006-05 | $385,371 |
14 | World Society Of Czestochowa Jewsand Their Descendants Inc | 350 5th Ave Fl 41, New York, NY 10118-4100 | NY | 2008-07 | $374,000 |
15 | Round Table Of Cultural Seminars Ltd | 45 E 78th St, New York, NY 10075-0204 | NY | 2011-04 | $265,849 |
16 | India Cultural Center Of Greenwich Inc | C/O Vfallc 7-11 S Bdway, White Plains, NY 10601 | NY | 2013-12 | $262,933 |
17 | Muslim Community Center Of Capital District Inc | 21 Lansing Rd N, Schenectady, NY 12304-2526 | NY | 2013-01 | $259,932 |
18 | Ceny Centro Educativo Inc | 111 Washington Pl, New York, NY 10014-6820 | NY | 2010-12 | $258,309 |
19 | The Swiss Society Of New York Inc | 500 Fifth Ave, New York, NY 10110-0002 | NY | 2006-08 | $245,123 |
20 | Residency Unlimited Inc | 145 Nassau Street Apt 10a, New York, NY 10038 | NY | 2011-09 | $234,522 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 6,599 |
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