Shae Foundation in Apison, Tennessee (TN)
Table of contents:
| Shae Foundation | |
| Employer Identification Number (EIN) | 205196407 |
| Name of Organization | Shae Foundation |
| In Care of Name | Terry L Benedict |
| Address | 11306 Blair Rd, Apison, TN 37302-9706 |
| Subsection | Educational Organization |
| Ruling Date | 07/2007 |
| 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 | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $57,236 |
| Amount of Income | $185,001 |
| Form 990 Revenue Amount | $185,001 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2014: $185,001 (it was $77,508 in 2013)
| Shae Foundation: | $185,001 |
| Other organizations performing similar types of work: | $42,230 |
Assets in 2014: $57,236 (it was $22,326 in 2013)
| This organization: | $57,236 |
| Other organizations performing similar types of work: | $110,927 |
Expenses in 2013: $77,297
| Shae Foundation: | $77,297 |
| Other organizations performing similar types of work: | $32,454 |
Income to expenses ratio in 2013: 2.4
| Shae Foundation: | 2.4 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2013: 96.0%
| This organization: | 96.0% |
| Other organizations performing similar types of work: | 27.1% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $10,035 | $114,097 | $77,508 |
| Contributions, gifts, grants, and similar amounts received | $10,035 | $112,097 | $74,372 |
| 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 | $0 | $2,000 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $3,136 |
| Total expenses | $6,285 | $95,087 | $77,297 |
| Total net assets | $-632 | $18,378 | $18,589 |
| Excess/Deficit for the year | $3,750 | $19,010 | $211 |
| Net assets or fund balances at beginning of year | $-4,382 | $-632 | $18,378 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $18,378 | $18,589 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $4,663 | $24,216 | $22,326 |
| Total liabilities | $5,295 | $5,838 | $3,737 |
| Net assets or fund balances | $-632 | $18,378 | $18,589 |
| 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 | $164,937 |
| Subtotal Support | $216,165 |
| Gifts, grants, contributions, and membership fees received | $216,165 |
| 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 | $51,228 |
| Total Support | $219,301 |
| Public Support | $216,165 |
| 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 | $3,136 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Joy Center Inc in Lebanon, TN
 |
| Dandridge Lions Club in Dandridge, TN |
Generation Changers Church in Nashville, TN
 |
|
Faith Charities in Luttrell, TN
|
| Prancing Tigerettes Inc in Memphis, TN |
|
South Central Kingsport Community Development Inc in Kingsport, TN
|
|
Jw Community Resources Inc in Germantown, TN
|
|
Miracles In Motion Inter Healing Center, Sam Corley Ministries in Hendersonville, TN
|
|
St Sampson Medical Clinic in Nashville, TN
|
|
Chattanooga Deaf Community Center in Chattanooga, TN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Kaycliff Foundation | PO BOX 3705, Kingsport, TN 37664-0705 | TN | 2006-12 | $4,996,623 |
| 2 | Shae Foundation | 11306 Blair Rd, Apison, TN 37302-9706 | TN | 2007-07 | $185,001 |
| 3 | Engel Foundation Inc | PO BOX 3622, Chattanooga, TN 37404-0622 | TN | 2011-08 | $124,066 |
| 4 | The Charles A Hall And Billie L Hall Family Foundation | 229 Cherohala Skwy, Tellico Plns, TN 37385-5500 | TN | 2006-01 | $34,940 |
| 5 | Oak Ridge Revitalization Effort | 1666 Oak Ridge Tpke, Oak Ridge, TN 37830-4933 | TN | 2010-10 | $34,249 |
| 6 | Union County Historical Society Inc | PO BOX 95, Maynardville, TN 37807 | TN | 2013-04 | $12,536 |
| 7 | Overton County Heritage Museum Inc | 318 W Broad St, Livingston, TN 38570-1804 | TN | 2010-07 | $4,454 |
| 8 | African American Heritage Society Of Maury County | Po Box 1403, Columbia, TN 38402 | TN | 2013-01 | $0 |
| 9 | African American Museum Of Memphis | 5117 White Lake Cv, Memphis, TN 38125-3825 | TN | 2006-03 | $0 |
| 10 | African Roots Museum | 12704 Tina Turner Hwy 19 East, Nutbush, TN 38063 | TN | 2004-03 | $0 |
| 11 | Buford Pusser Foundation Inc | PO BOX 24, Adamsville, TN 38310-0024 | TN | 2008-07 | $0 |
| 12 | City Garage Car Museum Inc | Po Box 459, Greeneville, TN 37744 | TN | 2011-12 | $0 |
| 13 | Clifton Historical Foundation Incorporated | PO BOX 657, Clifton, TN 38425-0657 | TN | 1996-09 | $0 |
| 14 | Coal Miners Museum Of The Cumberlands Inc | P O Box 223, Rocky Top, TN 37769 | TN | 2014-04 | $0 |
| 15 | Daughters Of Union Veterans Of The Civil War 1861-1865, 2 Tennessee Tent | 429 Foundry Cir, Murfreesboro, TN 37128-5125 | TN | 2010-02 | $0 |
| 16 | Daughters Of Union Veterans Of The Civil War 1861-1865, Daughters Of Union Veterans Of The Civil War 1861-1865 Tennessee Tent 3 | 318 Ownby Circle, Gatlinburg, TN 37738 | TN | 2010-02 | $0 |
| 17 | Fentress County Museum | Po Box 1214, Jamestown, TN 38556 | TN | 2001-03 | $0 |
| 18 | First Fire Truck Fund | Po Box 2325, Morristown, TN 37816 | TN | 2011-05 | $0 |
| 19 | Giles County Historical Society | Po Box 957, Pulaski, TN 38478 | TN | 2013-03 | $0 |
| 20 | Grand Junction Depot Museum Corporation | 10000 Lake Hardeman Road, Middleton, TN 38052 | TN | 2014-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,375 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Shae Foundation »
Non-representatives - add comments about Shae Foundation»