Newtown Square Rotary Foundation in Newtown Sq, Pennsylvania (PA)
Table of contents:
| Newtown Square Rotary Foundation | |
| Employer Identification Number (EIN) | 232562559 |
| Name of Organization | Newtown Square Rotary Foundation |
| In Care of Name | Ronald R Woodworth |
| Address | PO BOX 191, Newtown Sq, PA 19073-0191 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 10/1993 |
| 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 | 06/2013 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $30,487 |
| Amount of Income | $20,953 |
| Form 990 Revenue Amount | $13,485 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2013: $20,953 (it was $23,477 in 2012)
| This organization: | $20,953 |
| Other organizations performing similar types of work: | $124,396 |
Assets in 2013: $30,487 (it was $30,476 in 2012)
| Newtown Square Rotary Foundation: | $30,487 |
| Other organizations performing similar types of work: | $313,863 |
Expenses in 2013: $16,274
| This organization: | $16,274 |
| Other organizations performing similar types of work: | $64,100 |
Income to expenses ratio in 2013: 1.3
| Newtown Square Rotary Foundation: | 1.3 |
| Other organizations performing similar types of work: | 1.5 |
Grants share in income in 2013: 24.3%
| This organization: | 24.3% |
| Other organizations performing similar types of work: | 0.6% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $23,477 | $13,485 |
| Contributions, gifts, grants, and similar amounts received | $4,250 | $3,272 |
| Program service revenue including government fees and contracts | $18,890 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $87 | $26 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $10,187 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $0 | $17,655 |
| Less: direct expenses from gaming and fundraising events | $0 | $7,468 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $250 | $0 |
| Total expenses | $29,123 | $16,274 |
| Total net assets | $30,476 | $30,487 |
| Excess/Deficit for the year | $-5,646 | $-2,789 |
| Net assets or fund balances at beginning of year | $36,122 | $30,476 |
| Other changes in net assets or fund balances | $0 | $2,800 |
| Net assets or fund balances at end of year | $30,487 | |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $30,476 | $30,487 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $30,476 | $30,487 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | |
| Were any significant changes made to the organizing or governing documents? | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | |
| Amount of political expenditures, direct or indirect | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $0 | |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | 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 | $123,944 |
| Subtotal | $123,944 |
| Gifts, grants, contributions, and membership fees received | $17,022 |
| 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 | $250 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $106,672 |
| 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 | $125,058 |
| Public support | $123,944 |
| Subtotal | $1,114 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,114 |
| 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 | Tony Patino Fellowship Trust 783352 | PO BOX 1297, New York, NY 10008-1297 | NY | 1997-10 | $1,573,984 |
| 2 | The Schechter Institutes Inc | 2300 Computer Ave No D-18, Willow Grove, PA 19090-1736 | PA | 1995-10 | $5,548,333 |
| 3 | Reading Terminal Market Corporation | 12th And Arch Streets, Philadelphia, PA 19107 | PA | 1994-10 | $4,953,714 |
| 4 | Wesbury Foundation | 31 North Park Avenue Extension, Meadville, PA 16335 | PA | 1996-07 | $3,485,394 |
| 5 | Southern York County School District Foundation | PO BOX 128, Glen Rock, PA 17327-0128 | PA | 1998-01 | $236,953 |
| 6 | Spring-Ford Area School District Educational Foundation | 857 S Lewis Rd, Royersford, PA 19468-2711 | PA | 1993-06 | $110,905 |
| 7 | Robert & Nina Mccarthy Foundation | 90 Main St, Wellsboro, PA 16901-1517 | PA | 1998-12 | $43,469 |
| 8 | Wilson J And Karen A Farmerie Charitable Foundation | 20 Stanwix St Ste 650, Pittsburgh, PA 15222-4803 | PA | 1998-01 | $15,705 |
| 9 | Violetta L Colcord U W Fbo Delaware Ave Baptist Church 10225085aro | PO BOX 185, Pittsburgh, PA 15230-0185 | PA | 1998-08 | $11,978 |
| 10 | William D & Katharine H Goodwin Memorial Tr | PO BOX 609, Pittsburgh, PA 15230-0609 | PA | 1998-08 | $9,697 |
| 11 | T P I Foundation | 45 S 23rd St, Pittsburgh, PA 15203-2120 | PA | 1996-04 | $4,731 |
| 12 | Muskets Of The Crown Inc | 821 W Siddonsburg Rd, Dillsburg, PA 17019 | PA | 1994-12 | $3,960 |
| 13 | Chelwood Fund | 1880 Jfk Blvd Suite 1100, Philadelphia, PA 19103-7427 | PA | 1997-07 | $0 |
| 14 | International Association Of Lions Clubs, 14u Pocono District | PO BOX 2166, Pocono Pines, PA 18350-2166 | PA | 1940-12 | $0 |
| 15 | Kiwanis Club Of Chambersburg Foundation | 637 Greenfield Dr, Chambersburg, PA 17202-7408 | PA | 1998-03 | $0 |
| 16 | Makefield Womens Association | Po Box 163, Yardley, PA 19067 | PA | 1995-07 | $0 |
| 17 | Mark Mcnaughtons Dollars For Scholars Inc | 669 Feidt Rd, Millersburg, PA 17061-9264 | PA | 1998-08 | $0 |
| 18 | North Suburban Builders Charitable Foundation | 150 Richmond Circle, Pittsburgh, PA 15237 | PA | 1992-06 | $0 |
| 19 | Shady Side Academy Foundation | 423 Fox Chapel Rd, Pittsburgh, PA 15238-2296 | PA | 1995-05 | $0 |
| 20 | St Vincent Ferrer Svf Parent Teacher Organization | 411 Byng St, Ellwood City, PA 16117 | PA | 1984-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,101 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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