Angie Sheldon Memorial Scholarship Fund in Wisconsin Rapids, Wisconsin (WI)

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Angie Sheldon Memorial Scholarship Fund
Employer Identification Number (EIN)396126562
Name of OrganizationAngie Sheldon Memorial Scholarship Fund
AddressC/O WOODTRUST BANK PO BOX 8000, Wisconsin Rapids, WI 54495-8000
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date11/1968
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$152,024
Amount of Income$12,600
Form 990 Revenue Amount$7,112


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$19,753$6,374$7,112
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$3,839$4,644$3,946
Gain/Loss from sale of assets other than inventory$15,914$1,730$3,166
Gross amount from sale of assets other than inventory$182,505$18,248$8,654
Less: cost or other basis and sales expenses$166,591$16,518$5,488
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$4,611$3,927$4,239
Total net assets$146,704$149,151$152,024
Excess/Deficit for the year$15,142$2,447$2,873
Net assets or fund balances at beginning of year$131,562$146,704$149,151
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$149,151$152,024
Balance Sheets
201120122013
Total assets$146,704$149,151$152,024
Total liabilities$0$0$0
Net assets or fund balances$146,704$149,151$152,024
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported2
Sum of amounts of support$1,525
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