Commonwealth Cares Foundation in Daniel Island, South Carolina (SC)
Table of contents:
| Commonwealth Cares Foundation | |
| Employer Identification Number (EIN) | 262114712 |
| Name of Organization | Commonwealth Cares Foundation |
| In Care of Name | Britt Gilbert |
| Address | 225 Seven Farms Dr Ste 106, Daniel Island, SC 29492-8353 |
| Subsection | Charitable Organization |
| Ruling Date | 12/2008 |
| 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 | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $16,321 |
| Amount of Income | $149,409 |
| Form 990 Revenue Amount | $92,890 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $149,409 (it was $61,480 in 2012)
| Commonwealth Cares Foundation: | $149,409 |
| Other organizations performing similar types of work: | $63,282 |
Assets in 2013: $16,321 (it was $12,231 in 2012)
| This organization: | $16,321 |
| Other organizations performing similar types of work: | $31,552 |
Expenses in 2013: $88,800
| Commonwealth Cares Foundation: | $88,800 |
| Other organizations performing similar types of work: | $40,991 |
Income to expenses ratio in 2013: 1.7
| Commonwealth Cares Foundation: | 1.7 |
| Other organizations performing similar types of work: | 3.3 |
Grants share in income in 2013: 42.7%
| This organization: | 42.7% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $41,308 | $41,538 | $92,890 |
| Contributions, gifts, grants, and similar amounts received | $0 | $23,500 | $39,710 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $41,308 | $18,038 | $53,180 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $49,976 | $37,980 | $109,699 |
| Less: direct expenses from gaming and fundraising events | $8,668 | $19,942 | $56,519 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $42,948 | $30,890 | $88,800 |
| Total net assets | $1,583 | $12,231 | $16,321 |
| Excess/Deficit for the year | $-1,640 | $10,648 | $4,090 |
| Net assets or fund balances at beginning of year | $3,223 | $1,583 | $12,231 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $12,231 | $16,321 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $1,583 | $12,231 | $16,321 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $1,583 | $12,231 | $16,321 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | 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 | $85,710 |
| Subtotal Support | $85,710 |
| Gifts, grants, contributions, and membership fees received | $85,710 |
| 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 | $85,710 |
| Public Support | $85,710 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Earl K Long Foundation, Univerity Medical Center Management | PO BOX 3374, Baton Rouge, LA 70821 | LA | 2006-01 | $176,551,485 |
| 2 | United Cerebral Palsy Of Palm Beach And Mid-Coast Counties Inc | 2700 W 81st St, Hialeah, FL 33016-2732 | FL | 2003-04 | $4,618,461 |
| 3 | Drs Martin & Dorothy Spatz Charitable Foundation Tr | 966 Ferguson Rd, Sebastopol, CA 95472-9668 | CA | 2010-07 | $4,412,572 |
| 4 | Sharpe-Strumia Research Foundation Of The Bryn Mawr Hospital | 100 Lancaster Ave, Wynnewood, PA 19096-3450 | PA | 2003-11 | $3,281,423 |
| 5 | Foundation For Advancing Cancer Trials Outreach And Research Facto | 6031 Norway Rd, Dallas, TX 75230-4056 | TX | 2013-11 | $3,000,024 |
| 6 | The Against Malaria Foundation | 310 W 20th St Ste 300, Kansas City, MO 64108-2025 | MO | 2005-07 | $2,826,966 |
| 7 | Town Fair Tire Foundation Inc | 460 Coe Ave, East Haven, CT 06512-3836 | CT | 2003-05 | $2,758,292 |
| 8 | Ben Towne Pediatric Cancer Research Foundation | 4538 47th Ave Ne, Seattle, WA 98105-3820 | WA | 2010-04 | $2,465,051 |
| 9 | Cces Endowment Corporation | 245 Cavalier Dr, Greenville, SC 29607-4265 | SC | 2003-12 | $366,065 |
| 10 | Charles & Ellen Taylor Prostatecancer Foundation Of The Lowcountr | 120 Long Cove Dr, Hilton Head, SC 29928-3307 | SC | 2007-06 | $153,201 |
| 11 | Commonwealth Cares Foundation | 225 Seven Farms Dr Ste 106, Daniel Island, SC 29492-8353 | SC | 2008-12 | $149,409 |
| 12 | Happy Wheels Inc | PO BOX 3803, Leesville, SC 29070-1803 | SC | 2012-04 | $127,734 |
| 13 | Friends Of The York County Library | PO BOX 10032, Rock Hill, SC 29731-0032 | SC | 2011-08 | $88,855 |
| 14 | Neuromuscular Disease And Disorder Foundation | 2848 Highway 160 W, Tega Cay, SC 29708-8578 | SC | 2005-06 | $19,388 |
| 15 | Harpers Cute Gene Project | 5109 Alwoodley Ln, Myrtle Beach, SC 29579-7042 | SC | 2014-07 | $10,452 |
| 16 | Bumblebee Fund | 22 Collier Ln, Greer, SC 29650 | SC | 2011-12 | $0 |
| 17 | Crowning Lupus | 75 Oakcrest Ln, Aiken, SC 29803-5013 | SC | 2015-02 | $0 |
| 18 | Golfers For A Cure | 16 Berryblue Court Suite 400, Simpsonville, SC 29680-6793 | SC | 2015-04 | $0 |
| 19 | Kettlebells For A Cure | 16 Berryblue Court Suite 300, Simpsonville, SC 29680-6793 | SC | 2015-04 | $0 |
| 20 | Ralph Jacobs Memorial Foundation, Ralph Jacobs Cancer Fund | PO BOX 9151, Columbia, SC 29290-0151 | SC | 2008-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,359 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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