Quintuplet Foundation in Silverdale, Washington (WA)

Quintuplet Foundation
Employer Identification Number (EIN)	392049848
Name of Organization	Quintuplet Foundation
In Care of Name	Elaine Valencia
Address	12202 Oslo Ln Nw, Silverdale, WA 98383-9636
Subsection	Charitable Organization
Ruling Date	04/2008
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	$1 to $9,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$2,085
Amount of Income	$8,991
Form 990 Revenue Amount	$8,991
National Taxonomy of Exempt Entities (NTEE)	Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue	$8,991
Contributions, gifts, grants, and similar amounts received	$8,975
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$0
Investment income	$16
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$0
Gross profit from sales of inventory	$0
Other revenue	$0
Total expenses	$34,389
Total net assets	$2,085
Deficit for the year	$-25,398
Net assets or fund balances at beginning of year	$27,483
Other changes in net assets or fund balances	$0

Balance Sheets (for 2011)
Total assets	$2,085
Total liabilities	$0
Net assets or fund balances	$2,085

Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$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

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

	2007 - 2011 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
Total support	$252,023
Gifts, grants, contributions, and membership fees received	$158,467
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	$78,683
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	$360
Other	$14,513

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