Wellness Foundation in East Hampton, New York (NY)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Wellness Foundation | |
| Employer Identification Number (EIN) | 203265442 |
| Name of Organization | Wellness Foundation |
| In Care of Name | 169 West End Avenue |
| Address | 65 Dunemere Ln, East Hampton, NY 11937-2705 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Organization terminating its private foundation status under section 507(b)(1)(B) of the Code |
| Tax Period | 06/2013 |
| Assets | $100,000 to $499,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $223,869 |
| Amount of Income | $601,689 |
| Form 990 Revenue Amount | $431,275 |
| National Taxonomy of Exempt Entities (NTEE) | Food, Agriculture and Nutrition: Nutrition Programs |
Non-representatives - add comments:
Amount of income in 2013: $601,689 (it was $521,699 in 2012)
| Wellness Foundation: | $601,689 |
| Other organizations performing similar types of work: | $115,449 |
Assets in 2013: $223,869 (it was $140,503 in 2012)
| This organization: | $223,869 |
| Other organizations performing similar types of work: | $23,800 |
Expenses in 2012: $455,548
| This organization: | $455,548 |
| Other organizations performing similar types of work: | $79,019 |
Income to expenses ratio in 2012: 1.3
| Wellness Foundation: | 1.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 99.6%
| This organization: | 99.6% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2012
Expenses for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $509,116 | $4 | $1,896 | |
| Contributions, gifts, grants, etc., received | $507,220 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross loss from sales of goods | $-7,138 | |||
| Gross sales less returns and allowances | $-19,721 | |||
| Less: Cost of goods sold | $12,583 | |||
| Other income | $9,030 | |||
| Total expenses and disbursements | $455,548 | $197,709 | $5,413 | $252,437 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $454,368 | $197,709 | $251,257 | |
| Contributions, gifts, grants paid | $1,180 | |||
| Excess of revenue over expenses and disbursements | $53,568 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $140,503 | $140,503 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $140,503 | |
| Total liabilities | $5,185 | |
| Mortgages and other notes payable | $0 | |
| Other | $5,185 | |
| Total liabilities and net assets/fund balances | $135,318 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $98,470 |
| Net value of noncharitable-use assets | $97,000 |
| Minimum investment return | $4,850 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $1 | $5,034 | $5,873 | $0 | $10,907 |
| Qualifying distributions made directly for active conduct of exempt activities | $252,437 | $242,386 | $170,981 | $150,901 | $816,705 |
| Value of all assets | $1 | $0 | $0 | $70,007 | $70,007 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $70,007 | $70,007 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sylvia Center Incorporated | 304 Hudson St Fl 2, New York, NY 10013-1027 | NY | 2007-08 | $1,018,169 |
| 2 | Foodcorps Inc | 281 Park Ave S, New York, NY 10010-6125 | NY | 2010-12 | $361,715 |
| 3 | Monday Campaigns Inc | 215 Lexington Ave Rm 1001, New York, NY 10016-6023 | NY | 2011-03 | $360,604 |
| 4 | Amagansett Food Institute | Po Box 2611, Amagansett, NY 11930 | NY | 2010-12 | $117,273 |
| 5 | Table For Two Usa | 421 East 78th Street Apt 1b, New York, NY 10075 | NY | 2008-09 | $102,681 |
| 6 | Slow Food Usa Inc | 780 Third Avenue, New York, NY 10017 | NY | 2004-02 | $53,731 |
| 7 | Responsible Eating And Living Worldwide | 6776 Booth St Unit 3c, Forest Hills, NY 11375 | NY | 2010-08 | $48,829 |
| 8 | Second Chance Foundation | C/O Joan Mencher 201 W 72 St, New York, NY 10023 | NY | 2003-05 | $41,413 |
| 9 | N Play Inc | 1430 Broadway, New York, NY 10018-3308 | NY | 2009-03 | $16,126 |
| 10 | Slow Food Usa Inc | 184 Penfield Rd, Rochester, NY 14610 | NY | 2000-06 | $100 |
| 11 | Nation To Nation Networking | PO BOX 286702, New York, NY 10128-0016 | NY | 2014-07 | $1 |
| 12 | Advent Hope Ventures Inc | 111 E 87th Street, New York, NY 10128 | NY | 2013-01 | $0 |
| 13 | Albany Vegetarian Network Inc, Albany Vegan Network | Po Box 1617, Latham, NY 12110 | NY | 2009-03 | $0 |
| 14 | Dairy Council Health Foundation Inc | 100 Elwood Davis Road, North Syracuse, NY 13212 | NY | 2013-09 | $0 |
| 15 | Diatize | 114 Chestnut Street, Brooklyn, NY 11208 | NY | 2014-08 | $0 |
| 16 | Diet Ethics | 427 S Franklin St, Watkins Glen, NY 14891 | NY | 1985-10 | $0 |
| 17 | Dolfzine On-Line Fitness Inc | 425 W 25th St Ste 20-C, New York, NY 10001-6508 | NY | 2002-12 | $0 |
| 18 | Earthsave International | Po Box 96, New York, NY 10108 | NY | 1993-10 | $0 |
| 19 | Earthsave International, Earthsave Inland Empire | Po Box 96, New York, NY 10108 | NY | 1993-10 | $0 |
| 20 | Educating Generations To Eat Well Inc | 3361 Page Green Road, Cortland, NY 13045 | NY | 2015-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 784 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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