Southwest Technology Center Foundation in Altus, Oklahoma (OK)

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Southwest Technology Center Foundation
Employer Identification Number (EIN)731542878
Name of OrganizationSouthwest Technology Center Foundation
In Care of NameJune Knight
Address711 W Tamarack Rd, Altus, OK 73521-1527
SubsectionEducational Organization
Ruling Date03/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$256,939
Amount of Income$14,994
Form 990 Revenue Amount$13,459
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution


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Amount of income in 2012: $14,994 (it was $89,025 in 2011)
Southwest Technology Center Foundation: 

 $14,994
Other organizations performing similar types of work: 

 $86,203

Assets in 2012: $256,939 (it was $253,941 in 2011)
This organization: 

 $256,939
Other organizations performing similar types of work: 

 $53,182

Expenses in 2012: $11,365
Southwest Technology Center Foundation: 

 $11,365
Other organizations performing similar types of work: 

 $53,420

Income to expenses ratio in 2012: 1.3
This organization: 

 1.3
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 16.7%
Southwest Technology Center Foundation: 

 16.7%
Other organizations performing similar types of work: 

 12.0%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$13,459
Contributions, gifts, grants, and similar amounts received$2,250
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$2,325
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$8,884
Gross income from gaming$0
Gross income from fundraising events$10,420
Less: direct expenses from gaming and fundraising events$1,535
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$11,365
Total net assets$256,939
Excess for the year$2,093
Net assets or fund balances at beginning of year$254,846
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$256,939
Total liabilities$0
Net assets or fund balances$256,939
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$207,338
Gifts, grants, contributions, and membership fees received$135,351
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$53,684
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$16,525
Other$1,778
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Western Carolina University Research & Development CorporationHfr Administration Bldg Ste 312, Cullowhee, NC 28723NC2002-08$3,575,122
2Home Run Projects Inc333 East 100th Street, New York, NY 10029NY2013-08$18,385,919
3Peterson Family Foundation Ii Inc12500 Fair Lakes Circle, Fairfax, VA 22033-3804VA2008-04$7,583,492
4Sme Education Foundation1 Sme Dr, Dearborn, MI 48128-2408MI1987-10$5,460,172
5Transylvania Vocational Services IncPO BOX 1115, Brevard, NC 28712-1115NC1980-07$5,088,669
6Osteopathic Medical Education Consortium Of Oklahoma Inc1111 West 17th Street, Tulsa, OK 74107-1886OK2012-04$2,734,711
7Oklahoma City Public Schools Foundation Inc5225 N Shartel Ave Ste 201, Oklahoma City, OK 73118-6035OK1984-09$1,903,508
8Truity Education Foundation IncPO BOX 2532, Bartlesville, OK 74005-2532OK2010-07$184,218
9Great Land Run Education Foundation201 N Grand St Ste 100, Enid, OK 73701-4138OK2008-10$70,120
10Southeastern Hub For Arts Resources In Education1405 N 4th Ave Pmb 4174, Durant, OK 74701-3330OK2014-07$31,400
11Southwest Technology Center Foundation711 W Tamarack Rd, Altus, OK 73521-1527OK1999-03$14,994
12Kenneth D ChesnuttPO BOX 44, Holdenville, OK 74848-0044OK2004-09$3,794
13Catoosa High School Sideliners Soccer ClubPo Box 1204, Catoosa, OK 74015OK2010-07$0
14Cyril School Foundation IncP O Box 89, Cyril, OK 73029OK2003-12$0
15Geary Public Schools Foundation Inc110 Sw Embree Dr, Geary, OK 73040-2426OK1998-10$0
16Newcastle Education FoundationPo Box 105, Newcastle, OK 73065OK2006-08$0
17Noble Public Schools Foundation For Academic Excellence IncPo Box 499, Noble, OK 73068OK1999-11$0
18Pioneer-Pleasant Vale Academic Foundation Inc6520 E Wood Rd, Waukomis, OK 73773OK2004-10$0
19Putnam City West Takedown Club, Pcw Takedown Club8500 Nw 23rd St, Oklahoma City, OK 73127-1110OK1999-02$0
20Timberlake Education FoundationPo Box 272, Goltry, OK 73739OK2011-08$0
Number of organizations performing similar types of work
Alaska2
Alabama9
Arkansas7
Arizona14
California131
Colorado23
Connecticut14
District of Columbia5
Delaware7
Florida31
Georgia22
Hawaii3
Iowa11
Idaho7
Illinois40
Indiana22
Kansas9
Kentucky9
Louisiana11
Massachusetts36
Maryland14
Maine7
Michigan31
Minnesota27
Missouri18
Mississippi4
Montana7
North Carolina27
North Dakota1
Nebraska5
New Hampshire6
New Jersey43
New Mexico3
Nevada2
New York77
Ohio45
Oklahoma15
Oregon19
Pennsylvania37
Rhode Island7
South Carolina13
South Dakota4
Tennessee11
Texas70
Utah7
Virginia20
Vermont4
Washington42
Wisconsin18
West Virginia1
Wyoming6
International1
Total1,005

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