Ludlow Area Rotary Charitable Fund Inc in Ludlow, Vermont (VT)
Table of contents:
| Ludlow Area Rotary Charitable Fund Inc | |
| Employer Identification Number (EIN) | 030367567 |
| Name of Organization | Ludlow Area Rotary Charitable Fund Inc |
| In Care of Name | Janice Graham |
| Address | PO BOX 216, Ludlow, VT 05149-0216 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2001 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $142,922 |
| Amount of Income | $161,562 |
| Form 990 Revenue Amount | $151,641 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Community Foundations |
Non-representatives - add comments:
Amount of income in 2014: $161,562 (it was $42,214 in 2013)
| Ludlow Area Rotary Charitable Fund Inc: | $161,562 |
| Other organizations performing similar types of work: | $123,400 |
Assets in 2014: $142,922 (it was $45,756 in 2013)
| Ludlow Area Rotary Charitable Fund Inc: | $142,922 |
| Other organizations performing similar types of work: | $188,019 |
Expenses in 2013: $40,571
| Ludlow Area Rotary Charitable Fund Inc: | $40,571 |
| Other organizations performing similar types of work: | $82,376 |
Income to expenses ratio in 2013: 4.0
| This organization: | 4.0 |
| Other organizations performing similar types of work: | 5.6 |
Grants share in income in 2013: 37.4%
| This organization: | 37.4% |
| Other organizations performing similar types of work: | 20.2% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $36,779 | $39,716 | $42,214 |
| Contributions, gifts, grants, and similar amounts received | $7,269 | $11,315 | $15,794 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $230 | $194 | $114 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $29,280 | $28,207 | $26,306 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $42,643 | $38,489 | $37,331 |
| Less: direct expenses from gaming and fundraising events | $13,363 | $10,282 | $11,025 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $28,918 | $34,584 | $40,571 |
| Total net assets | $19,216 | $44,113 | $45,756 |
| Excess/Deficit for the year | $7,861 | $5,132 | $1,643 |
| Net assets or fund balances at beginning of year | $11,355 | $19,216 | $44,113 |
| Other changes in net assets or fund balances | $0 | $19,765 | $0 |
| Net assets or fund balances at end of year | $44,113 | $45,756 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $19,216 | $44,113 | $45,756 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $19,216 | $44,113 | $45,756 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Trout Unlimited in South Burlington, VT |
| Women Of Uvm in Burlington, VT |
| People Of Praise in Poultney, VT |
| Friends Of Music At Guilford Inc in Guilford, VT |
Bellows Falls Middle School Community Supported Activities Inc in Bellows Falls, VT
 |
|
Women Of Winter Wow Inc in Stowe, VT
|
| Samaritan House Inc in St Albans, VT |
| Caroline Baird Crichfield Memorial Fund For Women In Need, The Caroline Fund in Burlington, VT |
|
Heidis Haven Rescue in Ferrisburgh, VT
|
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Taos Community Foundation Inc | PO BOX 1925, Taos, NM 87571-1925 | NM | 1998-12 | $4,057,729 |
| 2 | Elks National Foundation Inc, Elks National Foundation | 2750 N Lakeview Avenue, Chicago, IL 60614 | IL | 2009-02 | $338,625,890 |
| 3 | The Community Foundation For The Central Savannah River Area Inc | 1450 Greene Street, Augusta, GA 30901-5200 | GA | 1995-10 | $238,374,744 |
| 4 | The Community Foundation For The Greater Capital Region Inc | 6 Tower Place, Albany, NY 12203-3725 | NY | 1968-12 | $71,687,086 |
| 5 | Western Colorado Community Foundation Inc | PO BOX 4334, Grand Jct, CO 81502-4334 | CO | 1996-11 | $44,791,257 |
| 6 | Wichita Falls Area Community Foundation | 807 Eighth Street, Wichita Falls, TX 76301-3319 | TX | 1999-07 | $39,754,472 |
| 7 | Westchester Community College Foundation Inc | 75 Grasslands Rd, Valhalla, NY 10595-1550 | NY | 1970-06 | $33,951,916 |
| 8 | J Message Group Corp | 1233 Shelburne Rd, South Burlington, VT 05403-7700 | VT | 2014-02 | $164,358 |
| 9 | Ludlow Area Rotary Charitable Fund Inc | PO BOX 216, Ludlow, VT 05149-0216 | VT | 2001-06 | $161,562 |
| 10 | Coventry Town Foundation Inc | PO BOX 104, Coventry, VT 05825-0104 | VT | 2005-01 | $149,131 |
| 11 | South Village Community Stewardship Fund | PO BOX 2286, S Burlington, VT 05407-2286 | VT | 2009-08 | $94,819 |
| 12 | Csr Charitable Foundation Inc | PO BOX 156, Shelburne, VT 05482-0156 | VT | 2001-05 | $88,478 |
| 13 | Richmond Area Business Association, Western Slopes Business Association | Po Box 569, Richmond, VT 05477 | VT | 2013-12 | $32,922 |
| 14 | You Are Never Alone Foundation Inc | PO BOX 523, Dorset, VT 05251-0523 | VT | 2007-01 | $9,043 |
| 15 | The Sudbury Community Club Inc | 669 Route 73 E, Sudbury, VT 05733-9571 | VT | 2001-12 | $726 |
| 16 | Business & Professional Women Bpw, Westshire Bpw | 175 West Ridge Terrace, Rutland, VT 05701 | VT | 2001-04 | $0 |
| 17 | Charlotte Community Inc Tr, Arthaud Paul Ttee | PO BOX 261, Charlotte, VT 05445-0261 | VT | 2001-01 | $0 |
| 18 | Manchester Community Foundation Inc | PO BOX 321, Manchester, VT 05254-0321 | VT | 1995-05 | $0 |
| 19 | Stowe Marathon Inc | PO BOX 1182, Hyde Park, VT 05655 | VT | 2007-06 | $0 |
| 20 | Vergennes Rotary Club Charities Inc | Po Box 313, Vergennes, VT 05491 | VT | 2004-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,151 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Ludlow Area Rotary Charitable Fund Inc »
Non-representatives - add comments about Ludlow Area Rotary Charitable Fund Inc»