Jena Kay Hutchings Memorial Scholarship Tournament Inc in Dallas, Texas (TX)
Table of contents:
Jena Kay Hutchings Memorial Scholarship Tournament Inc | |
Employer Identification Number (EIN) | 752874666 |
Name of Organization | Jena Kay Hutchings Memorial Scholarship Tournament Inc |
In Care of Name | Charles E Hutchings |
Address | 928 S Buckner Blvd, Dallas, TX 75217-4505 |
Subsection | Charitable Organization |
Ruling Date | 10/2000 |
Deductibility | Contributions are deductible |
Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2011 |
Assets | $100,000 to $499,999 |
Income | $500,000 to $999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $158,858 |
Amount of Income | $552,569 |
Form 990 Revenue Amount | $122,415 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2011: $552,569 (it was $539,290 in 2010)
This organization: | $552,569 |
Other organizations performing similar types of work: | $41,680 |
Assets in 2011: $158,858 (it was $165,199 in 2010)
Jena Kay Hutchings Memorial Scholarship Tournament Inc: | $158,858 |
Other organizations performing similar types of work: | $65,579 |
Expenses in 2011: $132,351
Jena Kay Hutchings Memorial Scholarship Tournament Inc: | $132,351 |
Other organizations performing similar types of work: | $24,470 |
Income to expenses ratio in 2011: 4.2
Jena Kay Hutchings Memorial Scholarship Tournament Inc: | 4.2 |
Other organizations performing similar types of work: | 0.5 |
Grants share in income in 2011: 0.0%
Jena Kay Hutchings Memorial Scholarship Tournament Inc: | 0.0% |
Other organizations performing similar types of work: | 9.0% |
Revenue for 2011
Functional expenses for 2011
Support schedule
Statements Regarding Other IRS Filings and Tax Compliance (for 2011) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $0 |
Gross income from members or shareholders | $0 |
Gross income from other sources | $0 |
Statement of Revenue (for 2011) | |
Total revenue | $122,415 |
Contributions, Gifts, Grants and Other Similar Amounts | $0 |
Program Service Revenue | $0 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $277 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $0 |
Net income from fundraising events | $10,288 |
Gross income from fundraising events | $13,883 |
Less: direct expenses | $3,595 |
Net income from gaming activities | $111,850 |
Gross income from gaming activities | $538,409 |
Less: direct expenses | $426,559 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $0 |
Statement of Functional Expenses (for 2011) | |
Total functional expenses | $132,351 |
Compensation of current officers, directors, trustees, and key employees | $0 |
Other salaries and wages | $38,383 |
Payroll taxes | $3,263 |
Professional fundraising services | $0 |
Other | $90,705 |
Balance Sheet (for 2011) | |
Total assets | $158,858 |
Total liabilities | $0 |
Total net assets or fund balances | $158,858 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Reason for Public Charity Status (for 2011) | |
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 2011) | |
2007 - 2011 Total | |
---|---|
Total support | $2,686,368 |
Gifts, grants, contributions, and membership fees received | $13,656 |
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 | $2,675,989 |
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 | $4,455 |
Other | $-7,732 |
Unrelated Trade or Business Income (for 2008) | |||
Income | Expenses | Net | |
---|---|---|---|
Total | $33,012 | $0 | $33,012 |
Gross receipts or sales less returns and allowances | $140,314 | $0 | $0 |
Cost of goods sold | $107,302 | $0 | $0 |
Gross profit | $33,012 | $0 | $33,012 |
Capital gain net income | $0 | $0 | $0 |
Net gain | $0 | $0 | $0 |
Capital loss deduction for trusts | $0 | $0 | $0 |
Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
Rent income | $0 | $0 | $0 |
Unrelated debt-financed income | $0 | $0 | $0 |
Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
Exploited exempt activity income | $0 | $0 | $0 |
Advertising income | $0 | $0 | $0 |
Other income | $0 | $0 | $0 |
Deductions Not Taken Elsewhere (for 2008) | |
Total deductions | $35,824 |
Compensation of officers, directors, and trustees | $0 |
Salaries and wages | $11,231 |
Repairs and maintenance | $4,768 |
Bad debts | $0 |
Interest | $0 |
Taxes and licenses | $1,688 |
Charitable contributions | $195 |
Depreciation | $0 |
Depletion | $0 |
Contributions to deferred compensation plans | $0 |
Employee benefit programs | $0 |
Excess exempt expenses | $0 |
Excess readership costs | $0 |
Other deductions | $17,942 |
Unrelated business taxable income | $-19,885 |
Unrelated business taxable income before net operating loss deduction | $-2,812 |
Net operating loss deduction | $17,073 |
Unrelated business taxable income before specific deduction | $-19,885 |
Specific deduction | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Us-Central Asia Education Foundation | 124 U St Nw, Washington, DC 20001-1606 | DC | 2007-10 | $4,838,252 |
2 | Subsea Tieback Scholarship Fund | 5418 Woodbury St, Fulshear, TX 77441-4139 | TX | 2007-10 | $101,112 |
3 | Tom Mcmahon Construction Scholarship Fund | 4441 S Abilene Cir, Aurora, CO 80015-1047 | CO | 2006-11 | $18,033 |
4 | Smart Bowling Scholarship Funding Corporation | 621 Six Flags Dr, Arlington, TX 76011-6305 | TX | 2011-01 | $21,562,960 |
5 | Panhandle-Plains Management & Servicing Corporation | PO BOX 839, Canyon, TX 79015-0839 | TX | 2014-04 | $7,578,585 |
6 | Neches Higher Education Authority Inc | 2600 Washington Avenue, Waco, TX 76710 | TX | 2006-10 | $4,386,211 |
7 | San Angelo Stock Show & Rodeo Foundation | 200 W 43rd St, San Angelo, TX 76903-1675 | TX | 2002-05 | $3,374,194 |
8 | Leon Higher Education Authority Inc | 2600 Washington Avenue, Waco, TX 76710 | TX | 2006-10 | $2,929,229 |
9 | San Antonio Livestock Exposition Educational Fund Inc | PO BOX 200230, San Antonio, TX 78220-0230 | TX | 2013-02 | $2,770,099 |
10 | Stars Scholarship Fund | PO BOX 3068, Mcallen, TX 78502-3068 | TX | 2004-03 | $2,464,771 |
11 | Usaa Educational Foundation | 9800 Fredericksburg Rd, San Antonio, TX 78288-0001 | TX | 1999-06 | $2,418,439 |
12 | Randy L Wendt Foundation | PO BOX 33083, Amarillo, TX 79120-3083 | TX | 2015-02 | $2,212,458 |
13 | The Forte Foundation | 1809 Big Canyon Dr, Austin, TX 78746-7204 | TX | 2004-01 | $2,012,729 |
14 | Mclaughlin Doty Foundation | PO BOX 769, Hunt, TX 78024-0769 | TX | 2011-09 | $1,933,724 |
15 | Louis And Mary Kay Smith Family Foundation Inc | 11607 Oak Glen Ct, Houston, TX 77024-5147 | TX | 2011-11 | $1,775,154 |
16 | The Tstc Foundation | 3801 Campus Dr, Waco, TX 76705-1607 | TX | 2001-04 | $1,365,835 |
17 | Western Texas College Foundation | 6200 College Ave, Snyder, TX 79549-6105 | TX | 1982-02 | $1,287,529 |
18 | Trinity Valley Exposition | PO BOX 9047, Liberty, TX 77575-2747 | TX | 1981-12 | $1,253,920 |
19 | Compadres For Scholarships | P O Box 5569, San Antonio, TX 78201 | TX | 2007-05 | $1,218,345 |
20 | Loraine Education Foundation Inc | PO BOX 457, Loraine, TX 79532-0457 | TX | 2014-10 | $1,205,344 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 23,481 |
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